Baker Hughes
513 hedge funds and large institutions have $11B invested in Baker Hughes in 2018 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 158 increasing their positions, 202 reducing their positions, and 87 closing their positions.
51% more call options, than puts
Call options by funds: $73M | Put options by funds: $48.3M
3.65% more ownership
Funds ownership: 91.1% → 94.75% (+3.7%)
4% less funds holding
Funds holding: 534 → 513 (-21)
11% less capital invested
Capital invested by funds: $12.3B → $11B (-$1.3B)
17% less first-time investments, than exits
New positions opened: 72 | Existing positions closed: 87
22% less repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 202
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$472M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$171M |
| 3 |
Dodge & Cox
San Francisco,
California
|
+$142M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$116M |
| 5 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$154M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$113M |
| 3 |
D.E. Shaw & Co
New York
|
-$86.8M |
| 4 |
Renaissance Technologies
New York
|
-$67.2M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$55.6M |
BKR Hedge Fund Activity: Q1 2018 in Review
513 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Baker Hughes (BKR) for Q1 2018, worth a combined $11B — down 11% from $12.3B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of BKR and 72 opened new positions — a net loss of 15 holders — while 202 trimmed existing stakes and 158 added.
The largest buyer was Capital World Investors, adding an estimated $472M. The largest seller was Highfields Capital Management, exiting entirely with an estimated $154M sold.
- 513 institutional investors held Baker Hughes (BKR) as of Q1 2018, down from 534 in Q4 2017.
- Funds reported $11B of Baker Hughes stock for Q1 2018, down 11% quarter-over-quarter.
- 72 funds opened new Baker Hughes positions in Q1 2018 and 87 closed out, a net change of -15 holders.
- The largest Baker Hughes buyer in Q1 2018 was Capital World Investors, an estimated $472M added.
- The largest Baker Hughes seller in Q1 2018 was Highfields Capital Management, an estimated $154M sold.
Based on aggregated 13F filings for Q1 2018.