Baker Hughes
BKR
786 hedge funds and large institutions have $33.3B invested in Baker Hughes in 2024 Q3 according to their latest regulatory filings, with 98 funds opening new positions, 319 increasing their positions, 262 reducing their positions, and 62 closing their positions.
58% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 62
22% more repeat investments, than reductions
Existing positions increased: 319 | Existing positions reduced: 262
4% more funds holding
Funds holding: 757 → 786 (+29)
3% more capital invested
Capital invested by funds: $32.3B → $33.3B (+$1.04B)
0.64% more ownership
Funds ownership: 92.06% → 92.7% (+0.64%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
29% less call options, than puts
Call options by funds: $167M | Put options by funds: $235M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$618M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$98.8M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$76M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
+$63.5M |
| 5 |
CC
Cartenna Capital
Stamford,
Connecticut
|
+$57.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$236M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$180M |
| 3 |
Millennium Management
New York
|
-$105M |
| 4 |
BlackRock
New York
|
-$98.7M |
| 5 |
Barclays
London,
United Kingdom
|
-$97.6M |
BKR Hedge Fund Activity: Q3 2024 in Review
786 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Baker Hughes (BKR) for Q3 2024, worth a combined $33.3B — up 3.2% from $32.3B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new BKR positions and 62 closed out — a net gain of 36 holders — while 319 added to existing stakes and 262 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $618M. The largest seller was T. Rowe Price Associates, cutting an estimated $236M.
- 786 institutional investors held Baker Hughes (BKR) as of Q3 2024, up from 757 in Q2 2024.
- Funds reported $33.3B of Baker Hughes stock for Q3 2024, up 3.2% quarter-over-quarter.
- 98 funds opened new Baker Hughes positions in Q3 2024 and 62 closed out, a net change of +36 holders.
- The largest Baker Hughes buyer in Q3 2024 was JP Morgan Chase, an estimated $618M added.
- The largest Baker Hughes seller in Q3 2024 was T. Rowe Price Associates, an estimated $236M sold.
Based on aggregated 13F filings for Q3 2024.