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Baxter International

840 hedge funds and large institutions have $16.8B invested in Baxter International in 2025 Q1 according to their latest regulatory filings, with 122 funds opening new positions, 280 increasing their positions, 304 reducing their positions, and 96 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more call options, than puts

Call options by funds: $142M | Put options by funds: $102M

27% more first-time investments, than exits

New positions opened: 122 | Existing positions closed: 96

20% more capital invested

Capital invested by funds: $14.1B → $16.8B (+$2.76B)

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

2% more funds holding

Funds holding: 823840 (+17)

1.29% more ownership

Funds ownership: 94.54%95.83% (+1.3%)

8% less repeat investments, than reductions

Existing positions increased: 280 | Existing positions reduced: 304

Holders
840
Holders Change
+17
Holders Change %
+2.07%
% of All Funds
11.26%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.09%
New
122
Increased
280
Reduced
304
Closed
96
Calls
$142M
Puts
$102M
Net Calls
+$40.4M
Net Calls Change
+$56.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$2.29B +$111M +3,383,549 +5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.09B +$9.65M +295,105 +0.5%
Dodge & Cox
3
Dodge & Cox
California
$1.76B +$35.4M +1,081,631 +2%
Pzena Investment Management
4
Pzena Investment Management
New York
$1.26B +$102M +3,134,270 +9%
State Street
5
State Street
Massachusetts
$749M -$693K -21,197 -0.1%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$695M +$141M +4,326,386 +27%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$486M -$37.8M -1,156,938 -8%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$428M +$3.58M +109,369 +0.9%
Harris Associates
9
Harris Associates
Illinois
$308M +$17.7M +540,704 +6%
Invesco
10
Invesco
Georgia
$289M -$30.7M -937,615 -10%
Ameriprise
11
Ameriprise
Minnesota
$258M +$2.75M +83,973 +1%
State Farm Mutual Automobile Insurance
12
State Farm Mutual Automobile Insurance
Illinois
$213M
Macquarie Group
13
Macquarie Group
Australia
$212M -$27.4M -839,161 -12%
Bank of America
14
Bank of America
North Carolina
$204M +$63M +1,927,761 +48%
Morgan Stanley
15
Morgan Stanley
New York
$197M +$3.73M +114,185 +2%
CCM
16
Camber Capital Management
Massachusetts
$197M +$36.8M +1,125,000 +24%
Artisan Partners
17
Artisan Partners
Wisconsin
$178M -$1.16M -35,435 -0.7%
LSV Asset Management
18
LSV Asset Management
Illinois
$174M -$12.8M -391,800 -7%
Northern Trust
19
Northern Trust
Illinois
$169M -$17.4M -533,289 -10%
Franklin Resources
20
Franklin Resources
California
$167M +$287K +8,776 +0.2%
UBS Group
21
UBS Group
Switzerland
$167M +$26.1M +799,498 +20%
Norges Bank
22
Norges Bank
Norway
$158M +$1.89M +57,932 +1%
Lazard Asset Management
23
Lazard Asset Management
New York
$129M +$52.6M +1,610,076 +75%
Charles Schwab
24
Charles Schwab
California
$119M +$3.83M +117,094 +3%
EIC
25
Equity Investment Corp
Georgia
$117M +$15.9M +485,260 +17%

BAX Hedge Fund Activity: Q1 2025 in Review

840 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q1 2025, worth a combined $16.8B — up 20% from $14.1B a quarter earlier.

Buyers outnumbered sellers: 122 funds opened new BAX positions and 96 closed out — a net gain of 26 holders — while 280 added to existing stakes and 304 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $141M. The largest seller was Nordea Investment Management, cutting an estimated $157M.

  • 840 institutional investors held Baxter International (BAX) as of Q1 2025, up from 823 in Q4 2024.
  • Funds reported $16.8B of Baxter International stock for Q1 2025, up 20% quarter-over-quarter.
  • 122 funds opened new Baxter International positions in Q1 2025 and 96 closed out, a net change of +26 holders.
  • The largest Baxter International buyer in Q1 2025 was T. Rowe Price Associates, an estimated $141M added.
  • The largest Baxter International seller in Q1 2025 was Nordea Investment Management, an estimated $157M sold.

Based on aggregated 13F filings for Q1 2025.