Richard Pzena
Pzena Investment Management
Richard Pzena Baxter International Inc stake
total: 576
Pzena Investment Management BAX trades
- Total transactions:
- 21
- New positions:
- 2
- Sold out:
- 1
- Added:
- 11
- Reduced:
- 7
- Held since:
- 2023 Q3
- Held for:
- 11 quarters
- Latest activity:
- 2026 Q1
According to 2026 Q1 report, Richard Pzena holds 64,527,823 Baxter International Inc (BAX) shares with a market value of roughly $1.08B accounting for 3.52% of the overall portfolio. To date, the estimated cost basis is nearly $29.78 for "buy" trades and estimated average "sell" price is $16.8. Pzena Investment Management first purchased BAX in 2014 Q4, initially acquiring about 3.94M shares. Richard Pzena later completely sold out the position and invested in Baxter International Inc again in 2023 Q3. Since the initial investment in Baxter International Inc (BAX), Pzena Investment Management has made 20 more transactions.
When did Richard Pzena buy Baxter International Inc (BAX)?
Richard Pzena first invested in Baxter International Inc (BAX) in 2014 Q4 at the reported quarter-end price of $73.29 per share.
What's the cost basis of Pzena Investment Management's BAX stake?
The estimated cost basis for Baxter International Inc (BAX) stake is around $29.78 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $29.78
- Weighted AVG sell price:
- $16.80
Richard Pzena's historical trades in Baxter International Inc
21 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q1
|
3.52%
|
64,527,823
|
$16.80
|
$1,084,067,427
|
-7.88% (-5,518,428)
|
-0.28%
|
|
2025 Q4
|
4.01%
|
70,046,251
|
$19.11
|
$1,338,583,857
|
+22.06% (+12,659,211)
|
+0.72%
|
|
2025 Q3
|
4.22%
|
57,387,040
|
$22.77
|
$1,306,702,901
|
+45.89% (+18,050,555)
|
+1.33%
|
|
2025 Q2
|
3.87%
|
39,336,485
|
$30.28
|
$1,191,108,766
|
+6.97% (+2,563,919)
|
+0.25%
|
|
2025 Q1
|
4.39%
|
36,772,566
|
$34.23
|
$1,258,724,934
|
+9.32% (+3,134,270)
|
+0.37%
|
|
2024 Q4
|
3.34%
|
33,638,296
|
$29.16
|
$980,892,711
|
+4.39% (+1,416,094)
|
+0.14%
|
|
2024 Q3
|
3.94%
|
32,222,202
|
$37.97
|
$1,223,477,010
|
+4.54% (+1,399,198)
|
+0.17%
|
|
2024 Q2
|
3.62%
|
30,823,004
|
$33.45
|
$1,031,029,484
|
+26.30% (+6,417,584)
|
+0.75%
|
|
2024 Q1
|
3.58%
|
24,405,420
|
$42.74
|
$1,043,087,651
|
+0.56% (+135,250)
|
+0.02%
|
|
2023 Q4
|
3.53%
|
24,270,170
|
$38.66
|
$938,284,772
|
+324.18% (+18,548,514)
|
+2.7%
|
|
2023 Q3
|
0.93%
|
$37.74
|
new
|
|||
|
2017 Q1
|
0.00%
|
$44.34
|
-100% (-225,790)
|
|||
|
2016 Q4
|
0.06%
|
$44.34
|
-78.73% (-835,787)
|
|||
|
2016 Q3
|
0.31%
|
$47.60
|
-65.93% (-2,054,288)
|
|||
|
2016 Q2
|
0.88%
|
$45.22
|
-23.71% (-968,541)
|
|||
|
2016 Q1
|
1.03%
|
$41.08
|
-13.78% (-652,576)
|
|||
|
2015 Q4
|
1.12%
|
$38.15
|
-2.60% (-126,464)
|
|||
|
2015 Q3
|
1.02%
|
$32.85
|
-3.32% (-167,186)
|
|||
|
2015 Q2
|
1.99%
|
$69.93
|
+0.04% (+2,214)
|
|||
|
2015 Q1
|
1.91%
|
$68.50
|
+27.49% (+1,084,278)
|
|||
|
2014 Q4
|
1.54%
|
$73.29
|
new
|
|||
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.