Baker Hughes
509 hedge funds and large institutions have $13.9B invested in Baker Hughes in 2019 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 201 increasing their positions, 142 reducing their positions, and 52 closing their positions.
56% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 52
42% more repeat investments, than reductions
Existing positions increased: 201 | Existing positions reduced: 142
28% more capital invested
Capital invested by funds: $10.9B → $13.9B (+$3B)
5% more funds holding
Funds holding: 486 → 509 (+23)
1.43% less ownership
Funds ownership: 98.85% → 97.42% (-1.4%)
36% less call options, than puts
Call options by funds: $56.5M | Put options by funds: $88.8M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$129M |
| 2 |
Dodge & Cox
San Francisco,
California
|
+$106M |
| 3 |
BlackRock
New York
|
+$77.9M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$58.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$40M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$228M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$103M |
| 3 |
Jane Street
New York
|
-$96.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$83.4M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$64.8M |
BKR Hedge Fund Activity: Q1 2019 in Review
509 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Baker Hughes (BKR) for Q1 2019, worth a combined $13.9B — up 28% from $10.9B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new BKR positions and 52 closed out — a net gain of 29 holders — while 201 added to existing stakes and 142 trimmed.
The largest buyer was Pzena Investment Management, adding an estimated $129M. The largest seller was Millennium Management, cutting an estimated $228M.
- 509 institutional investors held Baker Hughes (BKR) as of Q1 2019, up from 486 in Q4 2018.
- Funds reported $13.9B of Baker Hughes stock for Q1 2019, up 28% quarter-over-quarter.
- 81 funds opened new Baker Hughes positions in Q1 2019 and 52 closed out, a net change of +29 holders.
- The largest Baker Hughes buyer in Q1 2019 was Pzena Investment Management, an estimated $129M added.
- The largest Baker Hughes seller in Q1 2019 was Millennium Management, an estimated $228M sold.
Based on aggregated 13F filings for Q1 2019.