Baxter International
662 hedge funds and large institutions have $8.89B invested in Baxter International in 2026 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 190 increasing their positions, 261 reducing their positions, and 120 closing their positions.
4.63% less ownership
Funds ownership: 107.12% → 102.49% (-4.6%)
7% less funds holding
Funds holding: 710 → 662 (-48)
16% less call options, than puts
Call options by funds: $81M | Put options by funds: $96M
16% less capital invested
Capital invested by funds: $10.5B → $8.89B (-$1.64B)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
27% less repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 261
32% less first-time investments, than exits
New positions opened: 82 | Existing positions closed: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$222M |
| 2 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$130M |
| 3 |
GA
Greenhaven Associates
Purchase,
New York
|
+$70M |
| 4 |
RAM
RWC Asset Management
London,
United Kingdom
|
+$59.6M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$43.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$161M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$123M |
| 3 |
Lazard Asset Management
New York
|
-$118M |
| 4 |
Pzena Investment Management
New York
|
-$107M |
| 5 |
BlackRock
New York
|
-$104M |
BAX Hedge Fund Activity: Q1 2026 in Review
662 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q1 2026, worth a combined $8.89B — down 16% from $10.5B a quarter earlier.
Sellers outnumbered buyers: 120 funds closed out of BAX and 82 opened new positions — a net loss of 38 holders — while 261 trimmed existing stakes and 190 added.
The largest buyer was Fidelity Investments, adding an estimated $222M. The largest seller was Harris Associates, exiting entirely with an estimated $161M sold.
- 662 institutional investors held Baxter International (BAX) as of Q1 2026, down from 710 in Q4 2025.
- Funds reported $8.89B of Baxter International stock for Q1 2026, down 16% quarter-over-quarter.
- 82 funds opened new Baxter International positions in Q1 2026 and 120 closed out, a net change of -38 holders.
- The largest Baxter International buyer in Q1 2026 was Fidelity Investments, an estimated $222M added.
- The largest Baxter International seller in Q1 2026 was Harris Associates, an estimated $161M sold.
Based on aggregated 13F filings for Q1 2026.