Joel Greenblatt's BAX Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 624,037 shares of Baxter International Inc. (BAX) worth $14.21 M, representing 0.06% of the portfolio. First purchased in 2014-Q4, this long-term strategic position has been held for 44 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 1.45 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
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2014 | +5,186 | New Buy | 5,186 | $73.27 |
| Q1 2015 | +239,748 | Add 4622.98% | 244,934 | $68.50 |
| Q2 2015 | -244,934 | Sold Out | 244,934 | $0.00 |
| Q1 2016 | +1.7 M | New Buy | 1.7 M | $41.08 |
| Q2 2016 | -845,940 | Reduce 49.91% | 849,128 | $45.22 |
| Q3 2016 | -211,065 | Reduce 24.86% | 638,063 | $47.60 |
| Q4 2016 | +633,816 | Add 99.33% | 1.27 M | $44.34 |
| Q1 2017 | -254,418 | Reduce 20.00% | 1.02 M | $51.86 |
| Q2 2017 | -746,592 | Reduce 73.38% | 270,869 | $60.54 |
| Q3 2017 | -85,748 | Reduce 31.66% | 185,121 | $62.75 |
| Q4 2017 | -146,735 | Reduce 79.26% | 38,386 | $64.63 |
| Q1 2018 | +177,721 | Add 462.98% | 216,107 | $65.04 |
| Q2 2018 | -216,107 | Sold Out | 216,107 | $0.00 |
| Q3 2018 | +66,565 | New Buy | 66,565 | $77.08 |
| Q4 2018 | +15,639 | Add 23.49% | 82,204 | $65.82 |
| Q1 2019 | -17,179 | Reduce 20.90% | 65,025 | $81.31 |
| Q2 2019 | -51,673 | Reduce 79.47% | 13,352 | $81.94 |
| Q3 2019 | -2,174 | Reduce 16.28% | 11,178 | $87.49 |
| Q4 2019 | -11,178 | Sold Out | 11,178 | $0.00 |
| Q1 2020 | +36,578 | New Buy | 36,578 | $81.20 |
| Q2 2020 | -3,297 | Reduce 9.01% | 33,281 | $86.09 |
| Q3 2020 | -30,508 | Reduce 91.67% | 2,773 | $80.42 |
| Q4 2020 | -2,773 | Sold Out | 2,773 | $0.00 |
| Q1 2021 | +16,946 | New Buy | 16,946 | $84.33 |
| Q2 2021 | -3,404 | Reduce 20.09% | 13,542 | $80.49 |
| Q3 2021 | -5,273 | Reduce 38.94% | 8,269 | $80.42 |
| Q4 2021 | +22,663 | Add 274.07% | 30,932 | $85.83 |
| Q1 2022 | -30,932 | Sold Out | 30,932 | $0.00 |
| Q3 2022 | +15,445 | New Buy | 15,445 | $53.87 |
| Q4 2022 | +3,284 | Add 21.26% | 18,729 | $50.97 |
| Q1 2023 | -7,508 | Reduce 40.09% | 11,221 | $40.56 |
| Q2 2023 | +140,545 | Add 1252.52% | 151,766 | $45.56 |
| Q3 2023 | -84,302 | Reduce 55.55% | 67,464 | $37.74 |
| Q4 2023 | +165,270 | Add 244.98% | 232,734 | $38.66 |
| Q1 2024 | -75,791 | Reduce 32.57% | 156,943 | $42.74 |
| Q2 2024 | -36,846 | Reduce 23.48% | 120,097 | $33.45 |
| Q3 2024 | -74,751 | Reduce 62.24% | 45,346 | $37.97 |
| Q4 2024 | +106,076 | Add 233.93% | 151,422 | $29.16 |
| Q1 2025 | +124,270 | Add 82.07% | 275,692 | $34.23 |
| Q2 2025 | +109,995 | Add 39.90% | 385,687 | $30.28 |
| Q3 2025 | +238,350 | Add 61.80% | 624,037 | $22.77 |
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 44 quarters since Q4 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt's largest addition to Baxter International Inc. (BAX) was in Q1 2016, adding 1,695,068 shares worth $69.63 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 624,037 shares of Baxter International Inc. (BAX), valued at approximately $14.21 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Baxter International Inc. (BAX) represents approximately 0.06% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt's peak holding in Baxter International Inc. (BAX) was 1,695,068 shares, as reported at the end of Q1 2016. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.