Ray Dalio's BAX Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 210,800 shares of Baxter International Inc. (BAX) worth $4.03 M, representing 0.01% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 32 quarters.
Based on 13F filings, Ray Dalio has maintained a strategic position in BAX, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2024, adding 336,812 shares. Largest reduction occurred in Q3 2024, reducing 472,542 shares.
Analysis based on 13F filings available since 2013 Q2
Ray Dalio's Baxter International (BAX) Holding Value Over Time
Track share changes against reported price movement
Quarterly Baxter International (BAX) Trades by Ray Dalio
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +30,290 | Add 16.78% | 210,800 | $19.11 |
| Q3 2025 | +163,570 | Add 965.58% | 180,510 | $22.77 |
| Q2 2025 | -4,794 | Reduce 22.06% | 16,940 | $30.28 |
| Q1 2025 | -33,373 | Reduce 60.56% | 21,734 | $34.23 |
| Q4 2024 | -94,211 | Reduce 63.09% | 55,107 | $29.16 |
| Q3 2024 | -472,542 | Reduce 75.99% | 149,318 | $37.97 |
| Q2 2024 | +336,812 | Add 118.16% | 621,860 | $33.45 |
| Q1 2024 | -341,375 | Reduce 54.50% | 285,048 | $42.74 |
| Q4 2023 | -72,232 | Reduce 10.34% | 626,423 | $38.66 |
| Q3 2023 | +87,683 | Add 14.35% | 698,655 | $37.74 |
| Q2 2023 | -100,688 | Reduce 14.15% | 610,972 | $45.56 |
| Q1 2023 | -39,724 | Reduce 5.29% | 711,660 | $40.56 |
| Q4 2022 | -188,766 | Reduce 20.08% | 751,384 | $50.97 |
| Q3 2022 | +72,542 | Add 8.36% | 940,150 | $53.86 |
| Q2 2022 | -81,158 | Reduce 8.55% | 867,608 | $64.23 |
| Q1 2022 | +295,605 | Add 45.26% | 948,766 | $77.54 |
| Q4 2021 | +86,898 | Add 15.35% | 653,161 | $85.84 |
| Q3 2021 | -17,272 | Reduce 2.96% | 566,263 | $80.43 |
| Q2 2021 | +233,140 | Add 66.54% | 583,535 | $80.50 |
| Q1 2021 | +81,399 | Add 30.26% | 350,395 | $84.34 |
| Q4 2020 | +144,295 | Add 115.71% | 268,996 | $80.24 |
| Q3 2020 | +124,701 | New Buy | 124,701 | $80.42 |
| Q2 2020 | -16,606 | Sold Out | 0 | $0.00 |
| Q1 2020 | +16,606 | New Buy | 16,606 | $81.18 |
| Q1 2015 | -25,163 | Sold Out | 0 | $0.00 |
| Q4 2014 | +6,700 | Add 36.29% | 25,163 | $73.28 |
| Q3 2014 | +12,700 | Add 220.37% | 18,463 | $71.77 |
| Q2 2014 | -56,500 | Reduce 90.74% | 5,763 | $72.36 |
| Q1 2014 | -126,400 | Reduce 67.00% | 62,263 | $73.57 |
| Q4 2013 | -62,400 | Reduce 24.85% | 188,663 | $69.55 |
| Q3 2013 | +193,983 | Add 339.84% | 251,063 | $65.69 |
| Q2 2013 | +57,080 | Add 0.00% | 57,080 | $69.27 |
Ray Dalio's Baxter International Investment FAQs
Ray Dalio first purchased Baxter International Inc. (BAX) in Q2 2013, acquiring 57,080 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ray Dalio has held Baxter International Inc. (BAX) for 32 quarters since Q2 2013.
Ray Dalio's largest addition to Baxter International Inc. (BAX) was in Q2 2024, adding 621,860 shares worth $20.8 M.
According to the latest 13F filing for Q4 2025, Ray Dalio's firm, Bridgewater Associates, Lp, owns 210,800 shares of Baxter International Inc. (BAX), valued at approximately $4.03 M.
As of the Q4 2025 filing, Baxter International Inc. (BAX) represents approximately 0.01% of Ray Dalio's publicly disclosed stock portfolio, making it one of their key holdings.
Ray Dalio's peak holding in Baxter International Inc. (BAX) was 948,766 shares, as reported at the end of Q1 2022.