DaveManuel.com · Institutional Ownership · Who Owns It
BAXTER INTL INC (BAX)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
703
Reporting holders
$12.0B
Reported value
107.7%
Of shares outstanding
0.8%
Calls
0.5%
Puts
+31
Holder change
Institutions report 556,657,742 shares against 516,995,999 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end. Over 100% because an adviser and a sub-adviser can both report the same shares, and both are counted.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $1.7B | 81,842,105 | 0.03% | 8q | +3.1%+$52.1M |
| PZENA INVESTMENT MANAGEMENT LLC | $1.4B | 65,295,393 | 4.09% | 12q | +1.2%+$16.4M |
| Dodge & Cox | $1.2B | 58,386,345 | 0.65% | 12q | +2.0%+$24.1M |
| FMR LLC | $1.1B | 53,913,831 | 0.05% | 31q | +16.5%+$163.1M |
| VANGUARD CAPITAL MANAGEMENT LLC | $719.6M | 33,754,280 | 0.02% | 2q | +0.7%+$5.3M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $512.9M | 24,057,190 | 0.02% | 2q | HELD |
| STATE STREET CORP | $439.4M | 20,600,468 | 0.01% | 31q | +3.1%+$13.2M |
| GREENHAVEN ASSOCIATES INC | $304.6M | 14,285,228 | 3.52% | 4q | HELD |
| GEODE CAPITAL MANAGEMENT, LLC | $300.6M | 14,123,689 | 0.02% | 31q | +2.6%+$7.7M |
| Invesco Ltd. | $263.6M | 12,361,881 | 0.02% | 31q | -5.8%-$16.2M |
| UBS Group AG | $203.2M | 9,529,309 | 0.03% | 31q | +120.6%+$111.1M |
| First Pacific Advisors, LP | $162.4M | 7,618,145 | 2.01% | 2q | +13.7%+$19.6M |
| GOLDMAN SACHS GROUP INC | $152.4M | 7,150,462 | 0.01% | 31q | +84.8%+$69.9M |
| EQUITY INVESTMENT CORP | $146.8M | 6,886,265 | 2.80% | 7q | +8.1%+$11.0M |
| MORGAN STANLEY | $135.6M | 6,359,790 | 0.01% | 35q | -13.4%-$21.1M |
| BANK OF AMERICA CORP /DE/ | $133.0M | 6,237,950 | 0.01% | 31q | +1.2%+$1.5M |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | $132.7M | 6,225,060 | 0.09% | 31q | HELD |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $127.8M | 5,996,711 | 0.02% | 31q | +7.3%+$8.7M |
| DIMENSIONAL FUND ADVISORS LP | $119.7M | 5,612,144 | 0.02% | 31q | -5.4%-$6.8M |
| NORTHERN TRUST CORP | $103.7M | 4,864,004 | 0.01% | 31q | +11.9%+$11.0M |
| MARSHALL WACE, LLP | $103.6M | 4,857,267 | 0.08% | 3q | +114.3%+$55.2M |
| NORGES BANK | $88.4M | 4,144,905 | 0.01% | 32q | -33.1%-$43.6M |
| LSV ASSET MANAGEMENT | $83.5M | 3,914,800 | 0.15% | 9q | -3.6%-$3.1M |
| RWC Asset Management LLP | $71.0M | 3,329,168 | 2.69% | 2q | +8.2%+$5.4M |
| Russell Investments Group, Ltd. | $70.5M | 3,298,910 | 0.06% | 31q | -4.0%-$2.9M |
| Bank of New York Mellon Corp | $68.0M | 3,191,198 | 0.01% | 31q | +21.7%+$12.1M |
| FIL Ltd | $62.7M | 2,940,551 | 0.05% | 31q | +13.6%+$7.5M |
| VANGUARD FIDUCIARY TRUST CO | $61.8M | 2,899,902 | 0.01% | 2q | HELD |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $61.4M incl. $53.3M options CALL+PUT | 381,553 | 0.00% | 31q | -61.9%-$99.7M |
| Holocene Advisors, LP | $56.8M | 2,666,396 | 0.13% | new | NEW |
| THOMPSON SIEGEL & WALMSLEY LLC | $55.8M | 2,618,418 | 1.00% | 9q | -12.6%-$8.1M |
| JONES FINANCIAL COMPANIES LLLP | $53.0M | 2,406,207 | 0.02% | 23q | +63.0%+$20.5M |
| JPMORGAN CHASE & CO | $52.6M | 2,364,139 | 0.00% | 31q | -10.7%-$6.3M |
| EDMOND DE ROTHSCHILD HOLDING S.A. | $52.0M | 2,437,052 | 0.68% | 31q | -2.3%-$1.2M |
| NATIXIS ADVISORS, LLC | $49.4M | 2,315,963 | 0.06% | 31q | +79.6%+$21.9M |
| RAYMOND JAMES FINANCIAL INC | $45.1M | 2,115,902 | 0.01% | 7q | +7.7%+$3.2M |
| DEUTSCHE BANK AG\ | $44.2M | 2,071,642 | 0.01% | 34q | -7.1%-$3.4M |
| AQR CAPITAL MANAGEMENT LLC | $41.3M | 1,936,013 | 0.01% | 31q | +258.7%+$29.8M |
| GENDELL JEFFREY L | $37.4M | 1,755,898 | 0.33% | 3q | +12.2%+$4.1M |
| BNP PARIBAS FINANCIAL MARKETS | $35.5M | 1,663,662 | 0.01% | 31q | -12.8%-$5.2M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $32.3M | 1,513,888 | 0.01% | 31q | -14.4%-$5.4M |
| Defilade Capital Management, L.P. | $31.1M | 1,459,380 | 4.17% | new | NEW |
| TOCQUEVILLE ASSET MANAGEMENT L.P. | $30.6M | 1,435,460 | 0.40% | 3q | +5.1%+$1.5M |
| Great Hill Capital LLC | $29.4M incl. $16.4M options CALL | 609,686 | 0.68% | 4q | +25.7%+$6.0M |
| Front Street Capital Management, Inc. | $28.1M | 1,319,992 | 3.20% | 4q | HELD |
| ENVESTNET ASSET MANAGEMENT INC | $27.4M | 1,287,402 | 0.01% | 31q | +3.5%+$918.7K |
| CITADEL ADVISORS LLC | $27.2M incl. $22.5M options CALL+PUT | 222,747 | 0.00% | 31q | -82.8%-$131.5M |
| RHUMBLINE ADVISERS | $24.0M | 1,127,932 | 0.02% | 31q | HELD |
| BANK OF MONTREAL /CAN/ | $23.9M | 1,119,079 | 0.01% | 31q | -2.9%-$704.0K |
| Vanguard Global Advisers, LLC | $23.0M | 1,079,923 | 0.01% | 2q | -4.1%-$976.3K |
| Auto-Owners Insurance Co | $22.4M | 1,050,000 | 0.51% | 7q | HELD |
| Swiss National Bank | $22.1M | 1,035,824 | 0.01% | 31q | +1.8%+$392.3K |
| WELLS FARGO & COMPANY/MN | $21.9M | 1,029,431 | 0.00% | 31q | +14.6%+$2.8M |
| ROYAL BANK OF CANADA | $21.9M | 1,026,461 | 0.00% | 31q | -13.2%-$3.3M |
| Artisan Partners Limited Partnership | $21.8M | 1,023,677 | 0.03% | 14q | -78.9%-$81.8M |
| Nuveen, LLC | $21.6M | 1,013,286 | 0.01% | 6q | -16.8%-$4.3M |
| Legal & General Group Plc | $20.8M | 974,554 | 0.00% | 31q | +0.7%+$139.2K |
| INVESTMENT MANAGEMENT ASSOCIATES INC /ADV | $19.2M | 900,843 | 3.94% | 2q | +15.7%+$2.6M |
| Amundi | $19.1M | 895,147 | 0.00% | 21q | +12.2%+$2.1M |
| Gotham Asset Management, LLC | $18.4M | 862,123 | 0.04% | 16q | +138.4%+$10.7M |
| California Public Employees Retirement System | $17.9M | 840,121 | 0.01% | 31q | +34.2%+$4.6M |
| Connor, Clark & Lunn Investment Management Ltd. | $17.5M | 820,729 | 0.03% | 7q | -10.1%-$2.0M |
| PRICE T ROWE ASSOCIATES INC /MD/ | $16.0M | 752,182 | 0.00% | 31q | HELD |
| HSBC HOLDINGS PLC | $14.7M | 691,167 | 0.01% | 31q | +11.0%+$1.5M |
| O'Keefe Stevens Advisory, Inc. | $14.3M | 672,101 | 2.94% | 2q | +19.1%+$2.3M |
| SEI INVESTMENTS CO | $14.3M | 669,220 | 0.01% | 31q | -26.2%-$5.1M |
| CITIGROUP INC | $14.2M | 667,731 | 0.00% | 31q | +16.7%+$2.0M |
| BARCLAYS PLC | $14.2M | 664,389 | 0.00% | 31q | -21.0%-$3.8M |
| Mitsubishi UFJ Asset Management Co., Ltd. | $14.1M | 659,668 | 0.01% | 31q | +6.1%+$810.4K |
| Parkwood LLC | $13.6M | 637,142 | 0.97% | 3q | +4.0%+$518.1K |
| Arnhold LLC | $13.4M | 630,267 | 0.94% | 3q | -2.3%-$319.8K |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $12.7M | 596,639 | 0.01% | 31q | -1.1%-$138.2K |
| Point72 Asset Management, L.P. | $12.6M CALL+PUT | options only | 0.01% | 7q | OPTIONS |
| QSM Asset Management Ltd | $12.3M | 567,886 | 6.35% | 3q | HELD |
| PRINCIPAL FINANCIAL GROUP INC | $12.0M | 563,491 | 0.01% | 31q | -1.7%-$211.7K |
| GABELLI FUNDS LLC | $10.7M | 503,500 | 0.07% | 31q | +1.1%+$117.3K |
| VANGUARD ASSET MANAGEMENT, Ltd | $10.7M | 502,072 | 0.01% | 2q | +5.0%+$513.2K |
| Verition Fund Management LLC | $9.9M | 464,280 | 0.05% | 11q | +2024.9%+$9.4M |
| GAMCO INVESTORS, INC. ET AL | $9.7M | 454,466 | 0.09% | 31q | +6.3%+$577.7K |
| Freestone Grove Partners LP | $9.4M | 440,951 | 0.06% | new | NEW |
| ALLIANCEBERNSTEIN L.P. | $9.4M | 557,680 | 0.00% | 31q | +7.6%+$665.2K |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $9.3M | 437,498 | 0.02% | 31q | -1.5%-$139.4K |
| AMERIPRISE FINANCIAL INC | $9.1M | 427,139 | 0.00% | 31q | +214.2%+$6.2M |
| JANE STREET GROUP, LLC | $8.5M incl. $8.2M options CALL+PUT | 13,331 | 0.00% | 31q | -96.7%-$251.5M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $8.1M | 379,831 | 0.01% | 31q | +4.3%+$335.2K |
| IMC-Chicago, LLC | $8.0M CALL+PUT | options only | 0.00% | 16q | OPTIONS |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM | $8.0M | 376,368 | 0.01% | 31q | HELD |
| South Dakota Investment Council | $7.8M | 366,744 | 0.13% | 16q | HELD |
| Allianz Asset Management GmbH | $7.5M | 350,488 | 0.01% | 40q | +1942.4%+$7.1M |
| SG Americas Securities, LLC | $7.2M | 339,656 | 0.00% | new | NEW |
| Walleye Trading LLC | $7.2M incl. $4.2M options CALL+PUT | 140,796 | 0.01% | 31q | -8.1%-$637.8K |
| GROUP ONE TRADING LLC | $7.0M incl. $3.9M options CALL+PUT | 143,189 | 0.01% | 5q | +42.9%+$2.1M |
| Fiduciary Alliance LLC | $6.2M | 292,401 | 0.42% | 5q | +13.3%+$732.1K |
| OPPENHEIMER ASSET MANAGEMENT INC. | $6.2M | 289,791 | 0.06% | 2q | -3.9%-$252.2K |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $6.1M | 288,347 | 0.01% | new | NEW |
| STIFEL FINANCIAL CORP | $5.9M | 277,549 | 0.00% | 31q | -2.5%-$153.7K |
| VICTORY CAPITAL MANAGEMENT INC | $5.9M | 274,967 | 0.00% | 31q | -2.5%-$152.8K |
| STATE OF WISCONSIN INVESTMENT BOARD | $5.9M | 274,520 | 0.01% | 31q | -41.8%-$4.2M |
| Man Group plc | $5.8M | 271,465 | 0.01% | 2q | +73.1%+$2.4M |
| PNC Financial Services Group, Inc. | $5.6M | 264,579 | 0.00% | 31q | +8.2%+$427.1K |
Five percent filings
Anyone crossing 5% of a company must say so within days - far sooner than the next quarterly holdings report. A 13D declares an intent to influence the company; a 13G is the passive version. See all activist filings →
| Filed | Form | Filer | % of class |
|---|---|---|---|
| 2026-10-27 | 13G/A | BlackRock Portfolio Management LLC | 5.9% |
What the company announced
Form 8-K filings from the last 120 days, showing only the items worth a reader's attention. Earnings releases, exhibit attachments and general disclosures are filed constantly and are left out. Filed is when the SEC received it; event is the date the company says the thing happened.
| Filed | Event date | What | Source |
|---|---|---|---|
| 2026-08-19 | 2026-08-18 | Directors or officers departed or appointed | filing |
| 2026-08-18 | 2026-08-18 | Material agreement entered | filing |
| 2026-08-04 | 2026-07-31 | Directors or officers departed or appointed | filing |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 238 | $643.5M | 26,118,222 | 38 | 69 | 44 | 3.1% |
| Q2 2026 | 703 | $12.0B | 556,657,742 | 101 | 243 | 184 | 1.3% |
| Q1 2026 | 672 | $9.1B | 529,100,321 | 71 | 180 | 250 | 2.0% |
| Q4 2025 | 722 | $10.7B | 551,539,798 | 83 | 233 | 229 | 1.9% |
| Q3 2025 | 738 | $11.8B | 509,600,285 | 78 | 242 | 257 | 1.2% |
| Q2 2025 | 781 | $15.3B | 500,279,008 | 61 | 248 | 289 | 1.1% |
| Q1 2025 | 851 | $17.1B | 492,080,360 | 110 | 267 | 291 | 1.4% |
| Q4 2024 | 836 | $14.3B | 483,524,254 | 71 | 237 | 325 | 1.4% |
| Q3 2024 | 918 | $18.3B | 474,508,804 | 114 | 293 | 308 | 1.4% |
| Q2 2024 | 888 | $15.7B | 461,701,307 | 90 | 259 | 318 | 1.4% |
| Q1 2024 | 948 | $20.8B | 478,775,315 | 98 | 295 | 306 | 1.7% |
| Q4 2023 | 928 | $18.8B | 475,459,436 | 85 | 250 | 373 | 2.4% |
| Q3 2023 | 914 | $17.3B | 448,625,774 | 63 | 262 | 361 | 2.4% |
| Q2 2023 | 993 | $20.4B | 440,923,437 | 104 | 259 | 385 | 1.8% |
| Q1 2023 | 960 | $18.5B | 447,625,772 | 86 | 321 | 339 | 2.0% |
| Q4 2022 | 1,014 | $23.0B | 445,999,359 | 90 | 273 | 387 | 1.4% |
| Q3 2022 | 991 | $75.9B | 1,683,930,380 | 69 | 294 | 360 | 0.4% |
| Q2 2022 | 1,059 | $92.7B | 1,435,740,315 | 62 | 290 | 389 | 0.3% |
| Q1 2022 | 1,137 | $104.4B | 1,341,034,632 | 95 | 320 | 379 | 0.3% |
| Q4 2021 | 1,155 | $117.8B | 1,365,819,840 | 92 | 320 | 374 | 0.3% |
| Q3 2021 | 1,085 | $111.9B | 1,382,094,106 | 73 | 326 | 368 | 0.3% |
| Q2 2021 | 1,105 | $156.3B | 1,934,561,064 | 86 | 316 | 347 | 0.1% |
| Q1 2021 | 1,090 | $192.5B | 2,275,895,272 | 68 | 276 | 411 | 0.1% |
| Q4 2020 | 1,110 | $185.9B | 2,308,749,476 | 62 | 293 | 386 | 0.1% |
| Q3 2020 | 1,090 | $187.4B | 2,323,297,925 | 62 | 318 | 392 | 0.2% |
| Q2 2020 | 1,131 | $199.9B | 2,316,802,541 | 102 | 343 | 387 | 0.2% |
| Q1 2020 | 1,101 | $204.3B | 2,512,762,006 | 69 | 272 | 485 | 0.1% |
| Q4 2019 | 1,144 | $188.1B | 2,353,058,663 | 80 | 294 | 376 | 0.2% |
| Q3 2019 | 1,084 | $208.5B | 2,576,495,086 | 78 | 314 | 366 | 0.1% |
| Q2 2019 | 1,064 | $186.2B | 2,571,852,306 | 71 | 282 | 403 | 0.2% |
| Q1 2019 | 1,088 | $196.5B | 2,640,392,688 | 96 | 295 | 392 | 0.1% |
| Q4 2018 | 1,053 | $148.1B | 2,640,261,903 | 8 | 21 | 17 | 0.1% |