Baker Hughes
751 hedge funds and large institutions have $30.6B invested in Baker Hughes in 2024 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 310 increasing their positions, 268 reducing their positions, and 89 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 310 | Existing positions reduced: 268
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
4% less capital invested
Capital invested by funds: $31.7B → $30.6B (-$1.14B)
1.09% less ownership
Funds ownership: 92.41% → 91.32% (-1.1%)
2% less funds holding
Funds holding: 767 → 751 (-16)
10% less first-time investments, than exits
New positions opened: 80 | Existing positions closed: 89
18% less call options, than puts
Call options by funds: $136M | Put options by funds: $165M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$416M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$249M |
| 3 |
Millennium Management
New York
|
+$172M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$130M |
| 5 |
Dodge & Cox
San Francisco,
California
|
+$122M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$835M |
| 2 |
Morgan Stanley
New York
|
-$336M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$293M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$158M |
| 5 |
Goldman Sachs
New York
|
-$111M |
BKR Hedge Fund Activity: Q1 2024 in Review
751 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Baker Hughes (BKR) for Q1 2024, worth a combined $30.6B — down 3.6% from $31.7B a quarter earlier.
Sellers outnumbered buyers: 89 funds closed out of BKR and 80 opened new positions — a net loss of 9 holders — while 268 trimmed existing stakes and 310 added.
The largest buyer was Victory Capital Management, adding an estimated $416M. The largest seller was Capital World Investors, cutting an estimated $835M.
- 751 institutional investors held Baker Hughes (BKR) as of Q1 2024, down from 767 in Q4 2023.
- Funds reported $30.6B of Baker Hughes stock for Q1 2024, down 3.6% quarter-over-quarter.
- 80 funds opened new Baker Hughes positions in Q1 2024 and 89 closed out, a net change of -9 holders.
- The largest Baker Hughes buyer in Q1 2024 was Victory Capital Management, an estimated $416M added.
- The largest Baker Hughes seller in Q1 2024 was Capital World Investors, an estimated $835M sold.
Based on aggregated 13F filings for Q1 2024.