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Baker Hughes

682 hedge funds and large institutions have $27.5B invested in Baker Hughes in 2023 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 280 increasing their positions, 218 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more first-time investments, than exits

New positions opened: 82 | Existing positions closed: 63

28% more repeat investments, than reductions

Existing positions increased: 280 | Existing positions reduced: 218

15% more call options, than puts

Call options by funds: $84.5M | Put options by funds: $73.6M

1% more funds holding

Funds holding: 674682 (+8)

3% less capital invested

Capital invested by funds: $28.2B → $27.5B (-$758M)

1.87% less ownership

Funds ownership: 95.83%93.96% (-1.9%)

9% less funds holding in top 10

Funds holding in top 10: 1110 (-1)

Holders
682
Holders Change
+8
Holders Change %
+1.19%
% of All Funds
10.87%
Holding in Top 10
10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-9.09%
% of All Funds
0.16%
New
82
Increased
280
Reduced
218
Closed
63
Calls
$84.5M
Puts
$73.6M
Net Calls
+$11M
Net Calls Change
+$26.5M
Name Holding Trade Value Shares
Change
Change in
Stake
EAM
26
Eagle Asset Management
Florida
$174M -$134K -4,426 -0.1%
Bank of America
27
Bank of America
North Carolina
$164M +$20.2M +668,378 +13%
ClearBridge Investments
28
ClearBridge Investments
New York
$160M +$1.61M +53,253 +1%
N
29
Nuveen
North Carolina
$156M +$17.7M +586,576 +12%
Dimensional Fund Advisors
30
Dimensional Fund Advisors
Texas
$151M +$27.3M +901,790 +21%
Millennium Management
31
Millennium Management
New York
$144M +$123M +4,054,823 +437%
Swiss National Bank
32
Swiss National Bank
Switzerland
$115M -$4.16M -137,600 -3%
Sumitomo Mitsui Trust Group
33
Sumitomo Mitsui Trust Group
Japan
$105M -$41.3M -1,366,561 -27%
CVA
34
Ceredex Value Advisors
Florida
$101M -$29M -959,108 -22%
Franklin Resources
35
Franklin Resources
California
$96.7M +$9.01M +297,758 +10%
Hotchkis & Wiley Capital Management
36
Hotchkis & Wiley Capital Management
California
$94.4M -$922K -30,500 -0.9%
Brown Advisory
37
Brown Advisory
Maryland
$89.8M +$797K +26,343 +0.9%
T. Rowe Price Associates
38
T. Rowe Price Associates
Maryland
$89.5M +$1.06M +35,016 +1%
Goldman Sachs
39
Goldman Sachs
New York
$83.3M +$3.58M +118,375 +4%
EPFB
40
Employees Provident Fund Board
Malaysia
$77M
Holocene Advisors
41
Holocene Advisors
New York
$72.3M +$65.6M +2,170,166 +645%
HSBC Holdings
42
HSBC Holdings
United Kingdom
$64.5M -$12.4M -409,394 -15%
SO
43
STRS Ohio
Ohio
$63.8M +$33.1M +1,095,621 +98%
SSM
44
Sound Shore Management
Connecticut
$63.2M -$4.42M -145,994 -6%
Citigroup
45
Citigroup
New York
$60.8M +$455K +15,057 +0.7%
Barclays
46
Barclays
United Kingdom
$59.2M -$732K -24,215 -1%
Canada Life
47
Canada Life
Manitoba, Canada
$58.1M -$2.55M -84,396 -4%
BNP Paribas Asset Management
48
BNP Paribas Asset Management
France
$57.9M +$37.6M +1,241,956 +163%
CHP
49
Castle Hook Partners
New York
$57.3M +$28.5M +941,517 +90%
UBS Group
50
UBS Group
Switzerland
$56.4M -$10.3M -341,734 -15%

BKR Hedge Fund Activity: Q1 2023 in Review

682 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Baker Hughes (BKR) for Q1 2023, worth a combined $27.5B — down 2.7% from $28.2B a quarter earlier.

Buyers outnumbered sellers: 82 funds opened new BKR positions and 63 closed out — a net gain of 19 holders — while 280 added to existing stakes and 218 trimmed.

The largest buyer was Millennium Management, adding an estimated $123M. The largest seller was Capital Research Global Investors, cutting an estimated $497M.

  • 682 institutional investors held Baker Hughes (BKR) as of Q1 2023, up from 674 in Q4 2022.
  • Funds reported $27.5B of Baker Hughes stock for Q1 2023, down 2.7% quarter-over-quarter.
  • 82 funds opened new Baker Hughes positions in Q1 2023 and 63 closed out, a net change of +19 holders.
  • The largest Baker Hughes buyer in Q1 2023 was Millennium Management, an estimated $123M added.
  • The largest Baker Hughes seller in Q1 2023 was Capital Research Global Investors, an estimated $497M sold.

Based on aggregated 13F filings for Q1 2023.