Baxter International Inc.
Baxter International Inc. (BAX) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · BAX · as of Sep 30, 2025
Ownership Breakdown
768
Institutional Holders
▼ 36 vs Q2
$11.54B
Total Inst. Value
▼ $3.54B vs Q2
516.47M
Shares Outstanding
freeFloat 99.05%
506.69M
13F Shares Held
▲ 8.98M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
BAX largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
BLACKROCK, INC. surgical & medical instruments & apparatus | 77.83M | 15.17% | 15.17% | $1.77T | Nov 12, 2025 | ▲ 10.10M |
VANGUARD GROUP INC surgical & medical instruments & apparatus | 62.53M | 12.19% | 12.19% | $1.42T | Nov 7, 2025 | ▲ 335.3K |
DODGE & COX surgical & medical instruments & apparatus | 57.40M | 11.19% | 11.19% | $1.31T | Nov 13, 2025 | ▲ 5.27M |
PZENA INVESTMENT MANAGEMENT LLC surgical & medical instruments & apparatus | 57.39M | 11.19% | 11.19% | $1.31T | Nov 7, 2025 | ▲ 18.05M |
STATE STREET CORP surgical & medical instruments & apparatus | 22.00M | 4.29% | 4.29% | $504.53B | Nov 14, 2025 | ▲ 60.1K |
FMR LLC surgical & medical instruments & apparatus | 14.57M | 2.84% | 2.84% | $331.80B | Nov 13, 2025 | ▲ 10.50M |
PRICE T ROWE ASSOCIATES INC /MD/ surgical & medical instruments & apparatus | 13.45M | 2.62% | 2.62% | $306.31B | Nov 14, 2025 | ▼ 8.51M |
GEODE CAPITAL MANAGEMENT, LLC surgical & medical instruments & apparatus | 12.54M | 2.44% | 2.44% | $284.24B | Nov 12, 2025 | ▼ 345.6K |
INVESCO LTD. surgical & medical instruments & apparatus | 8.70M | 1.70% | 1.70% | $198.21B | Nov 13, 2025 | ▼ 198.0K |
HARRIS ASSOCIATES L P surgical & medical instruments & apparatus | 8.47M | 1.65% | 1.65% | $192.92B | Nov 14, 2025 | ▼ 876.0K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
28
Increased
+57.31M shares2
New Positions
first time holders18
Decreased
−28.01M shares0
Sold Out
fully exitedNet shares change (top 50)
+29.30M
+57.31M / −28.01M
Net new holders
+12
2 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
BAX insider trading · insider activity
Source: SEC Form 4
8
Buy transactions
0
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Wilkes David S. director | May 5, 2026 | Award | 12,836 | — | — | 37.1K | Form 4 ↗ |
Wendell Amy McBride director | May 5, 2026 | Award | 12,836 | — | — | 44.2K | Form 4 ↗ |
SCHLICHTING NANCY M director | May 5, 2026 | Award | 12,836 | — | — | 35.0K | Form 4 ↗ |
MORRISON PATRICIA director | May 5, 2026 | Award | 12,836 | — | — | 42.4K | Form 4 ↗ |
Shafer David Brent Chair of the Board | May 5, 2026 | Award | 12,836 | — | — | 72.8K | Form 4 ↗ |
McDonnell Michael R. director | May 5, 2026 | Award | 12,836 | — | — | 14.6K | Form 4 ↗ |
Craig Jeffrey A director | May 5, 2026 | Award | 12,836 | — | — | 23.7K | Form 4 ↗ |
Ampofo William A. II director | May 5, 2026 | Award | 12,836 | — | — | 30.4K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Baxter International Inc. (BAX) is primarily owned by institutional investors, who hold approximately 98.1% of total shares outstanding. Company insiders own approximately 0.95%, while retail and public investors account for the remaining 0.94%.
The largest institutional shareholder of Baxter International Inc. is BLACKROCK, INC., holding approximately 77.83 million shares — equal to 15.17% of outstanding shares — as of September 30, 2025.
A total of 768 institutional investors currently hold BAX stock, with a combined institutional value of approximately $11.54 billion as of the most recent 13F filing period.
Frequently asked questions
BAX ownershipBaxter International Inc. (BAX) is primarily owned by institutional investors, who hold approximately 98.1% of shares. The largest shareholder is BLACKROCK, INC. with a 15.17% stake. Company insiders hold 0.95%. Data sourced from SEC Form 13F as of September 30, 2025.