Baker Hughes
BKR
682 hedge funds and large institutions have $27.5B invested in Baker Hughes in 2023 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 280 increasing their positions, 217 reducing their positions, and 63 closing their positions.
32% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 63
29% more repeat investments, than reductions
Existing positions increased: 280 | Existing positions reduced: 217
15% more call options, than puts
Call options by funds: $84.5M | Put options by funds: $73.6M
1% more funds holding
Funds holding: 673 → 682 (+9)
3% less capital invested
Capital invested by funds: $28.2B → $27.5B (-$757M)
1.44% less ownership
Funds ownership: 95.4% → 93.96% (-1.4%)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$123M |
| 2 |
Dodge & Cox
San Francisco,
California
|
+$92.7M |
| 3 |
BlackRock
New York
|
+$72.3M |
| 4 |
Holocene Advisors
New York
|
+$65.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$56.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$497M |
| 2 |
GE
General Electric
Evendale,
Ohio
|
-$207M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$198M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$96.3M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$41.3M |
BKR Hedge Fund Activity: Q1 2023 in Review
682 of the 6,283 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: 83 funds opened new BKR positions and 63 closed out — a net gain of 20 holders — while 280 added to existing stakes and 217 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 673 in Q4 2022.
- Funds reported $27.5B of Baker Hughes stock for Q1 2023, down 2.7% quarter-over-quarter.
- 83 funds opened new Baker Hughes positions in Q1 2023 and 63 closed out, a net change of +20 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.