Joel Greenblatt's BAX Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 181,644 shares of Baxter International Inc. (BAX) worth $3.47 M, representing 0.01% of the portfolio. First purchased in 2014-Q4, this long-term strategic position has been held for 42 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in BAX, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2016, adding 1.7 M shares. Largest reduction occurred in Q2 2016, reducing 845,940 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Baxter International (BAX) Holding Value Over Time
Track share changes against reported price movement
Quarterly Baxter International (BAX) Trades by Joel Greenblatt
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -442,393 | Reduce 70.89% | 181,644 | $19.11 |
| Q3 2025 | +238,350 | Add 61.80% | 624,037 | $22.77 |
| Q2 2025 | +109,995 | Add 39.90% | 385,687 | $30.28 |
| Q1 2025 | +124,270 | Add 82.07% | 275,692 | $34.23 |
| Q4 2024 | +106,076 | Add 233.93% | 151,422 | $29.16 |
| Q3 2024 | -74,751 | Reduce 62.24% | 45,346 | $37.97 |
| Q2 2024 | -36,846 | Reduce 23.48% | 120,097 | $33.45 |
| Q1 2024 | -75,791 | Reduce 32.57% | 156,943 | $42.74 |
| Q4 2023 | +165,270 | Add 244.98% | 232,734 | $38.66 |
| Q3 2023 | -84,302 | Reduce 55.55% | 67,464 | $37.74 |
| Q2 2023 | +140,545 | Add 1252.52% | 151,766 | $45.56 |
| Q1 2023 | -7,508 | Reduce 40.09% | 11,221 | $40.56 |
| Q4 2022 | +3,284 | Add 21.26% | 18,729 | $50.97 |
| Q3 2022 | +15,445 | New Buy | 15,445 | $53.87 |
| Q1 2022 | -30,932 | Sold Out | 0 | $0.00 |
| Q4 2021 | +22,663 | Add 274.07% | 30,932 | $85.83 |
| Q3 2021 | -5,273 | Reduce 38.94% | 8,269 | $80.42 |
| Q2 2021 | -3,404 | Reduce 20.09% | 13,542 | $80.49 |
| Q1 2021 | +16,946 | New Buy | 16,946 | $84.33 |
| Q4 2020 | -2,773 | Sold Out | 0 | $0.00 |
| Q3 2020 | -30,508 | Reduce 91.67% | 2,773 | $80.42 |
| Q2 2020 | -3,297 | Reduce 9.01% | 33,281 | $86.09 |
| Q1 2020 | +36,578 | New Buy | 36,578 | $81.20 |
| Q4 2019 | -11,178 | Sold Out | 0 | $0.00 |
| Q3 2019 | -2,174 | Reduce 16.28% | 11,178 | $87.49 |
| Q2 2019 | -51,673 | Reduce 79.47% | 13,352 | $81.94 |
| Q1 2019 | -17,179 | Reduce 20.90% | 65,025 | $81.31 |
| Q4 2018 | +15,639 | Add 23.49% | 82,204 | $65.82 |
| Q3 2018 | +66,565 | New Buy | 66,565 | $77.08 |
| Q2 2018 | -216,107 | Sold Out | 0 | $0.00 |
| Q1 2018 | +177,721 | Add 462.98% | 216,107 | $65.04 |
| Q4 2017 | -146,735 | Reduce 79.26% | 38,386 | $64.63 |
| Q3 2017 | -85,748 | Reduce 31.66% | 185,121 | $62.75 |
| Q2 2017 | -746,592 | Reduce 73.38% | 270,869 | $60.54 |
| Q1 2017 | -254,418 | Reduce 20.00% | 1.02 M | $51.86 |
| Q4 2016 | +633,816 | Add 99.33% | 1.27 M | $44.34 |
| Q3 2016 | -211,065 | Reduce 24.86% | 638,063 | $47.60 |
| Q2 2016 | -845,940 | Reduce 49.91% | 849,128 | $45.22 |
| Q1 2016 | +1.7 M | New Buy | 1.7 M | $41.08 |
| Q2 2015 | -244,934 | Sold Out | 0 | $0.00 |
| Q1 2015 | +239,748 | Add 4622.98% | 244,934 | $68.50 |
| Q4 2014 | +5,186 | New Buy | 5,186 | $73.27 |
Joel Greenblatt's Baxter International Investment FAQs
Joel Greenblatt first purchased Baxter International Inc. (BAX) in Q4 2014, acquiring 5,186 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt has held Baxter International Inc. (BAX) for 42 quarters since Q4 2014.
Joel Greenblatt's largest addition to Baxter International Inc. (BAX) was in Q1 2016, adding 1,695,068 shares worth $69.63 M.
According to the latest 13F filing for Q4 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 181,644 shares of Baxter International Inc. (BAX), valued at approximately $3.47 M.
As of the Q4 2025 filing, Baxter International Inc. (BAX) represents approximately 0.01% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in Baxter International Inc. (BAX) was 1,695,068 shares, as reported at the end of Q1 2016.