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Baxter International, Inc. (BAX) — Hedge Fund Ownership Q1 2026

BAX
Q1 2026Q4 2025Q3 2025Q2 2025
  • Baxter International, Inc. (BAX) is held by 8 of 82 tracked hedge funds, with Greenhaven Associates (4%) and Pzena Investment Management (4%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
  • New position in BAX stock was initiated by First Pacific Advisors (2%).
  • The biggest increases in BAX holdings came from Greenhaven Associates (+34%) and Dodge & Cox (+0.4%), highlighting conviction.
  • The biggest decreases in BAX holdings came from Pzena Investment Management (-8%) and Mairs & Power (-8%), suggesting profit-taking or de-risking.
  • 1 hedge fund exited BAX.
  • Overall, hedge funds decreased exposure to Baxter International, Inc. (BAX) by -1% vs the prior quarter and +38% vs prior year.
# Fund % of Portfolio † Shares † Shares vs Prior Quarter † Shares vs Prior Year † Aggregate Value † Reported Price * Option
1
Greenhaven Associates
Edgar Wachenheim
3.96% 14.3M +33.80% $240.4M $16.80
2
Pzena Investment Management
Richard Pzena
3.52% 64.5M -7.88% +75.48% $1.08B $16.80
3
Hillman Capital Management
Mark Hillman
2.89% 247K +16.91% +35.88% $4.2M $16.80
4
Olstein Capital Management
Robert Olstein
1.70% 464K +11.27% +49.20% $7.8M $16.80
5
First Pacific Advisors
Steven Romick
1.61% 6.7M NEW $112.6M $16.80
6
Dodge & Cox
0.53% 57.3M +0.45% +11.26% $961.9M $16.80
7
Tweedy, Browne
Tweedy, Browne Co LLC
0.02% 10K -0.94% $221,757 $22.77
8
Mairs & Power
0.00% 23K -8.20% -25.96% $378,722 $16.80
Third Avenue Management
EXITED
8 Total 143.5M -1.14% +38.02% $2.41B
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.