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BAX

Baxter International Inc.

Sector: healthcareMedical - Instruments & SuppliesNYSEMarket Cap: $11.10B

Baxter International Inc. (BAX) is a healthcare company focused on medical devices, pharmaceuticals, and renal care, with a dominant political signal being $4.78M in annual doctor payments and a holding by former President Trump.

Govt Dependence
20/100
Regulatory Density
85/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL

BusinessWhat BAX does

Baxter International operates in the healthcare sector, providing a portfolio of medical devices, pharmaceuticals, and biotechnology products. Its key business lines include renal care (dialysis), medication delivery, and surgical products. The company generates revenue through sales of medical equipment, consumables, and related services to hospitals and healthcare providers.

6 months past · 3 months futureBAX activity timeline

$23$19$15 DecJan '26FebMarAprMayJunJulAug ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · May 18 $22.28 hi $15.80 lo $17.21 CONGRESS 30 INSIDERS 0 13F FUNDS 29 BILLS 41 Michael T. McCaul (R) · Purchase · 2026-03-23Michael T. McCaul (R) · Purchase · 2026-01-13Ro Khanna (D) · Purchase · 2026-01-29Ro Khanna (D) · Sale · 2025-11-10 Citadel Advisors · OPENED $15M · 2025-12-31Bridgewater Associates · OPENED $4M · 2025-12-31D.E. Shaw & Co. · OPENED $2M · 2025-12-31 MARKUP · House Appropriations Subcommittee on Department of Homeland · 2026-05-18MARKUP · Senate Appropriations Subcommittee on Commerce, Justice, Sci · 2026-05-19MARKUP · Senate Appropriations Subcommittee on Departments of Labor, · 2026-05-19MARKUP · Senate Appropriations Subcommittee on Department of Defense · 2026-05-19MARKUP · House Appropriations Subcommittee on Commerce, Justice, Scie · 2026-05-19MARKUP · Senate Appropriations Subcommittee on Transportation, Housin · 2026-05-19MARKUP · Senate Budget · 2026-05-20MARKUP · Senate Health, Education, Labor, and Pensions · 2026-05-20MARKUP · House Education and Workforce Subcommittee on Health, Employ · 2026-05-20MARKUP · House Energy and Commerce Subcommittee on Oversight and Inve · 2026-05-20MARKUP · House Energy and Commerce Subcommittee on Health · 2026-05-20MARKUP · Senate Appropriations Subcommittee on Energy and Water Devel · 2026-05-20MARKUP · Senate Veterans' Affairs · 2026-05-20MARKUP · Senate Health, Education, Labor, and Pensions · 2026-05-21MARKUP · Senate Appropriations Subcommittee on Department of Defense · 2026-05-21MARKUP · House Appropriations Subcommittee on Departments of Transpor · 2026-05-21
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
109 trading days · 4 congressional trades shown · 0 insider buys · 3 13F filings · 0 past bill actions · 16 upcoming markups

Executive Branch ConflictsBAX held by Trump-administration officials

1 cabinet/senior official reported BAX positions in OGE Form 278 disclosures across 1 filings.

Lifetime Government AwardsBAX federal contracts

BAX doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding BAX

$285.6M
Total BAX held by tracked 13F funds
29
Funds with BAX positions
+29
Funds opened this quarter
Citadel Advisors $94M opened 2024-06-30
Citadel Advisors $36M opened 2025-09-30
Bridgewater Associates $21M opened 2024-06-30
Citadel Advisors $21M opened 2024-09-30
Citadel Advisors $20M opened 2024-03-31
Citadel Advisors $19M opened 2025-03-31
Citadel Advisors $15M opened 9 overlap 2025-12-31
Citadel Advisors $15M opened 2024-12-31
21 more 13F positions tracked · quarterly delta charts available in member dashboard

Politicians Trading BAXMembers of Congress with recent BAX positions

5 politicians traded BAX across 76 disclosed transactions totaling $749K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just BAX). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading BAX

2026-03-23 Michael T. McCaul R-Texas · house Purchase $15,001 - $50,000
2026-01-13 Michael T. McCaul R-Texas · house Purchase $50,001 - $100,000
2026-01-29 Ro Khanna D-California · house Purchase $1,001 - $15,000
2025-11-10 Ro Khanna D-California · house Sale $1,001 - $15,000
2025-10-31 Lisa C. McClain R-Michigan · house sale $1,001 - $15,000
2025-10-30 Lisa C. McClain R-Michigan · house purchase $1,001 - $15,000
2025-10-30 Lisa C. McClain R-Michigan · house Purchase $1,001 - $15,000
2025-10-31 Lisa C. McClain R-Michigan · house Sale $1,001 - $15,000
2025-10-30 Lisa C. McClain R-Michigan · house Sale $1,001 - $15,000
2025-10-30 Lisa C. McClain R-Michigan · house sale $1,001 - $15,000
2025-09-25 Lisa C. McClain R-Michigan · house Purchase $1,001 - $15,000
2025-09-25 Lisa C. McClain R-Michigan · house purchase $1,001 - $15,000
30+ trades on file · most recent 2026-04-10

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Bills Affecting BAXLive legislation impacting this stock

Political ProfileWhere BAX sits in Washington

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STRUCTURAL: High regulatory density (85) due to healthcare sector and doctor payments ($4.78M annually). EVIDENTIARY: Congressional trading activity with net buys from two members (Mullin and Khanna), and executive branch holding by Trump. Net: Mixed signals with no lobbying or donations, but some insider political interest.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Increased scrutiny on doctor payments under Sunshine Act
    CMS (Centers for Medicare & Medicaid Services)
    "get_political_influence.doctor_payments shows $4.78M in 2024 across 26,085 payments, indicating high visibility."
  • Healthcare pricing reforms from recent bills
    Congress
    "Recent bill_impacts array includes 8 healthcare bills with impact_ratios 0.0004-0.0005, estimated revenue impacts up to $6.06M."

Regulatory opportunities

  • Potential favorable treatment from executive branch holdings
    Executive Office of the President
    "get_executive_branch_exposure.by_ticker[0].holdings shows Donald J. Trump holds Baxter stock in $1,001-$15,000 bucket."

Capitol Hill AlliesChampions & critics

Congressional champions

Congressional critics

  • No specific congressional critics identified.
Member intelligence layer

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Frequently AskedAbout BAX & political exposure

Does Baxter International Inc. (BAX) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Baxter International Inc.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Which Trump cabinet officials own BAX stock?
1 Trump cabinet members or senior White House staff have disclosed holdings in BAX on their OGE 278 financial disclosures, including Donald J. Trump. See the Cabinet Conflicts panel for details.
Has Congress traded BAX stock?
316 congressional trades by 21 unique members of Congress, most recently on 2026-03-23. See the Congressional Trading panel for politician-by-politician breakdown.
What is BAX political risk profile?
Government dependence: 20/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 0% / D 0%.
How does GovGreed track BAX political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. BAX data is updated daily from these official federal sources.