Baker Hughes
756 hedge funds and large institutions have $32.3B invested in Baker Hughes in 2024 Q2 according to their latest regulatory filings, with 94 funds opening new positions, 283 increasing their positions, 268 reducing their positions, and 80 closing their positions.
18% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 80
6% more capital invested
Capital invested by funds: $30.6B → $32.3B (+$1.71B)
6% more repeat investments, than reductions
Existing positions increased: 283 | Existing positions reduced: 268
0.74% more ownership
Funds ownership: 91.32% → 92.06% (+0.74%)
1% more funds holding
Funds holding: 751 → 756 (+5)
4% less call options, than puts
Call options by funds: $121M | Put options by funds: $126M
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$316M |
| 2 |
JP Morgan Chase
New York
|
+$180M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$124M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$117M |
| 5 |
State Street
Boston,
Massachusetts
|
+$115M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$301M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$198M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$94.6M |
| 4 |
Millennium Management
New York
|
-$92.9M |
| 5 |
BlackRock
New York
|
-$80.8M |
BKR Hedge Fund Activity: Q2 2024 in Review
756 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Baker Hughes (BKR) for Q2 2024, worth a combined $32.3B — up 5.6% from $30.6B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new BKR positions and 80 closed out — a net gain of 14 holders — while 283 added to existing stakes and 268 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $316M. The largest seller was Capital World Investors, cutting an estimated $301M.
- 756 institutional investors held Baker Hughes (BKR) as of Q2 2024, up from 751 in Q1 2024.
- Funds reported $32.3B of Baker Hughes stock for Q2 2024, up 5.6% quarter-over-quarter.
- 94 funds opened new Baker Hughes positions in Q2 2024 and 80 closed out, a net change of +14 holders.
- The largest Baker Hughes buyer in Q2 2024 was Capital Research Global Investors, an estimated $316M added.
- The largest Baker Hughes seller in Q2 2024 was Capital World Investors, an estimated $301M sold.
Based on aggregated 13F filings for Q2 2024.