Baker Hughes
754 hedge funds and large institutions have $32.7B invested in Baker Hughes in 2023 Q3 according to their latest regulatory filings, with 140 funds opening new positions, 280 increasing their positions, 235 reducing their positions, and 48 closing their positions.
192% more first-time investments, than exits
New positions opened: 140 | Existing positions closed: 48
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
19% more repeat investments, than reductions
Existing positions increased: 280 | Existing positions reduced: 235
16% more call options, than puts
Call options by funds: $168M | Put options by funds: $145M
12% more funds holding
Funds holding: 672 → 754 (+82)
9% more capital invested
Capital invested by funds: $30B → $32.7B (+$2.75B)
2.23% less ownership
Funds ownership: 93.67% → 91.44% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$82M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$75.3M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$70.7M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$56.3M |
| 5 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$49.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$981M |
| 2 |
JP Morgan Chase
New York
|
-$426M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$172M |
| 4 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$98.5M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$74.1M |
BKR Hedge Fund Activity: Q3 2023 in Review
754 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Baker Hughes (BKR) for Q3 2023, worth a combined $32.7B — up 9.2% from $30B a quarter earlier.
Buyers outnumbered sellers: 140 funds opened new BKR positions and 48 closed out — a net gain of 92 holders — while 280 added to existing stakes and 235 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $82M. The largest seller was Capital Research Global Investors, cutting an estimated $981M.
- 754 institutional investors held Baker Hughes (BKR) as of Q3 2023, up from 672 in Q2 2023.
- Funds reported $32.7B of Baker Hughes stock for Q3 2023, up 9.2% quarter-over-quarter.
- 140 funds opened new Baker Hughes positions in Q3 2023 and 48 closed out, a net change of +92 holders.
- The largest Baker Hughes buyer in Q3 2023 was Fidelity Investments, an estimated $82M added.
- The largest Baker Hughes seller in Q3 2023 was Capital Research Global Investors, an estimated $981M sold.
Based on aggregated 13F filings for Q3 2023.