Baker Hughes
672 hedge funds and large institutions have $30B invested in Baker Hughes in 2023 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 268 increasing their positions, 231 reducing their positions, and 70 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 231
9% more capital invested
Capital invested by funds: $27.5B → $30B (+$2.49B)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
0.29% less ownership
Funds ownership: 93.96% → 93.67% (-0.29%)
3% less call options, than puts
Call options by funds: $98.6M | Put options by funds: $102M
7% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 70
1% less funds holding
Funds holding: 682 → 672 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$286M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$241M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$202M |
| 4 |
BlackRock
New York
|
+$103M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$89.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$541M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$264M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$63M |
| 4 |
CHP
Castle Hook Partners
New York
|
-$57.3M |
| 5 |
Holocene Advisors
New York
|
-$52.9M |
BKR Hedge Fund Activity: Q2 2023 in Review
672 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Baker Hughes (BKR) for Q2 2023, worth a combined $30B — up 9.1% from $27.5B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of BKR and 65 opened new positions — a net loss of 5 holders — while 231 trimmed existing stakes and 268 added.
The largest buyer was Dodge & Cox, adding an estimated $286M. The largest seller was Capital World Investors, cutting an estimated $541M.
- 672 institutional investors held Baker Hughes (BKR) as of Q2 2023, down from 682 in Q1 2023.
- Funds reported $30B of Baker Hughes stock for Q2 2023, up 9.1% quarter-over-quarter.
- 65 funds opened new Baker Hughes positions in Q2 2023 and 70 closed out, a net change of -5 holders.
- The largest Baker Hughes buyer in Q2 2023 was Dodge & Cox, an estimated $286M added.
- The largest Baker Hughes seller in Q2 2023 was Capital World Investors, an estimated $541M sold.
Based on aggregated 13F filings for Q2 2023.