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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
Principal Financial Group
76
Principal Financial Group
Iowa
$35.4M +$873K +28,858 +2%
SEI Investments
77
SEI Investments
Pennsylvania
$35.3M +$6.16M +203,828 +20%
Ensign Peak Advisors
78
Ensign Peak Advisors
Utah
$34.4M -$1.12M -37,195 -3%
MAMU
79
Marathon Asset Management (UK)
United Kingdom
$33.9M -$5.56M -183,785 -14%
New York State Common Retirement Fund
80
New York State Common Retirement Fund
New York
$32.9M -$1.37M -45,396 -4%
Stifel Financial
81
Stifel Financial
Missouri
$32.3M +$1.24M +41,003 +4%
State Board of Administration of Florida Retirement System
82
State Board of Administration of Florida Retirement System
Florida
$31.4M +$78.6K +2,600 +0.2%
EDRH
83
Edmond de Rothschild Holding
Switzerland
$31.2M -$820K -27,109 -2%
BMSSC
84
B. Metzler seel. Sohn & Co
Germany
$31.1M +$601K +19,884 +2%
ProShare Advisors
85
ProShare Advisors
Maryland
$30.8M +$3.98M +131,437 +14%
Bank of Montreal
86
Bank of Montreal
Ontario, Canada
$29.9M +$6.79M +224,385 +28%
AC
87
AltraVue Capital
Washington
$29.6M -$3.46M -114,470 -10%
Aviva
88
Aviva
United Kingdom
$27.7M -$6.8M -224,689 -19%
Schroder Investment Management Group
89
Schroder Investment Management Group
United Kingdom
$26.9M -$1.33M -44,094 -5%
BNP Paribas Financial Markets
90
BNP Paribas Financial Markets
France
$26.3M -$8.79M -290,514 -24%
Prudential Financial
91
Prudential Financial
New Jersey
$26.1M +$343K +11,328 +1%
CF
92
Covea Finance
France
$26M +$2.52M +83,260 +10%
Mirae Asset Global Investments
93
Mirae Asset Global Investments
South Korea
$25.9M -$194K -6,424 -0.7%
New York State Teachers Retirement System (NYSTRS)
94
New York State Teachers Retirement System (NYSTRS)
New York
$25.4M -$839K -27,734 -3%
Susquehanna International Group
95
Susquehanna International Group
Pennsylvania
$25.2M +$6.43M +212,647 +32%
WCM
96
Wedge Capital Management
North Carolina
$25M -$4.09M -135,312 -14%
CC
97
Carrhae Capital
United Kingdom
$24.9M -$1.38M -45,613 -5%
Russell Investments Group
98
Russell Investments Group
United Kingdom
$24.7M +$717K +23,690 +3%
Mitsubishi UFJ Asset Management
99
Mitsubishi UFJ Asset Management
Japan
$24.6M +$1.93M +63,936 +8%
Royal Bank of Canada
100
Royal Bank of Canada
Ontario, Canada
$24.6M -$8.44M -279,148 -25%

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.