BAKER HUGHES COMPANY BKR
CL A · Common Stock · CUSIP 05722G100 · ISIN US05722G1004
Energy technology company
- SectorIndustrials
- IndustryOil & Gas Field Machinery & Equipment
- HeadquartersHouston, TX
- Founded1987
- Websitebakerhughes.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($96.7m this quarter). Holder counts are more reliable. Shares outstanding: 990.7m as of 2025-04-16, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $43.91. Options: 33 managers hold calls ($203.3m notional), 40 hold puts ($228.6m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 600 |
| Q4 2022 | 675 |
| Q1 2023 | 684 |
| Q2 2023 | 674 |
| Q3 2023 | 757 |
| Q4 2023 | 769 |
| Q1 2024 | 753 |
| Q2 2024 | 759 |
| Q3 2024 | 790 |
| Q4 2024 | 894 |
| Q1 2025 | 961 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 325 | 302 |
| Q3 2023 | 410 | 284 |
| Q4 2023 | 372 | 343 |
| Q1 2024 | 375 | 359 |
| Q2 2024 | 368 | 348 |
| Q3 2024 | 412 | 322 |
| Q4 2024 | 459 | 345 |
| Q1 2025 | 541 | 360 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $122.0m | $127.7m | 1.05 |
| Q3 2024 | $189.4m | $243.8m | 1.29 |
| Q4 2024 | $223.5m | $250.6m | 1.12 |
| Q1 2025 | $203.3m | $228.6m | 1.12 |
Biggest buyers
| Artisan Partners Limited Partnership | New | +16.5m |
| JPMORGAN CHASE & CO | Added | +15.0m |
| FMR LLC | Added | +4.2m |
| Pacer Advisors, Inc. | Added | +3.7m |
| FIRST TRUST ADVISORS LP | Added | +3.1m |
| GOLDMAN SACHS GROUP INC | Added | +2.5m |
| SEI INVESTMENTS CO | Added | +2.2m |
| MORGAN STANLEY | Added | +2.0m |
| 1832 Asset Management L.P. | New | +1.6m |
| CITIGROUP INC | Added | +1.3m |
Biggest sellers
| D. E. Shaw & Co., Inc. | Reduced | -4.7m |
| Amundi | Reduced | -4.2m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Reduced | -4.1m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -2.9m |
| FIL Ltd | Reduced | -2.1m |
| BROWN ADVISORY INC | Reduced | -2.0m |
| Sound Shore Management Inc /CT/ | Sold out | -1.6m |
| UBS Group AG | Reduced | -1.5m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.4m |
Biggest calls
| CITIGROUP INC | Added | $30.2m688.0k shares |
| CITADEL ADVISORS LLC | Added | $26.3m598.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $21.3m485.0k shares |
| IMC-Chicago, LLC | Added | $12.5m284.6k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $12.2m277.1k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $11.8m268.1k shares |
| PEAK6 LLC | Reduced | $9.5m216.1k shares |
| JANE STREET GROUP, LLC | Reduced | $9.4m213.2k shares |
| JPMORGAN CHASE & CO | Reduced | $9.0m204.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $6.7m152.4k shares |
Biggest puts
| CITIGROUP INC | Reduced | $36.3m825.0k shares |
| Qube Research & Technologies Ltd | Added | $25.8m587.5k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $24.9m567.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $22.4m510.8k shares |
| CITADEL ADVISORS LLC | Reduced | $19.7m448.6k shares |
| JANE STREET GROUP, LLC | Reduced | $12.5m284.0k shares |
| IMC-Chicago, LLC | Reduced | $10.0m227.5k shares |
| JPMORGAN CHASE & CO | Reduced | $8.8m200.0k shares |
| Walleye Trading LLC | Reduced | $8.4m190.4k shares |
| Fulcrum Asset Management LLP | New | $6.6m183.9k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 8.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| JPMORGAN CHASE & CO 13G · institution +1.1 pts · filed 2026-07-27 | 6.9% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 2 | $446.3k | $446.3k |
| Q3 2023 | 0 | — | 3 | $10.0m | $10.0m |
| Q4 2023 | 0 | — | 1 | $1.0m | $1.0m |
| Q1 2024 | 0 | — | 1 | $294.4k | $294.4k |
| Q2 2024 | 0 | — | 2 | $2.0m | $2.0m |
| Q3 2024 | 0 | — | 1 | $8.4m | $8.4m |
| Q4 2024 | 0 | — | 1 | $968.0k | $968.0k |
| Q1 2025 | 0 | — | 3 | $7.5m | $4.3m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-07 | Apostolides James E SVP, Enterprise Op Excellence | Sold plan | $196.7k4.7k shares |
| 2025-02-21 | Buese Nancy EVP & Chief Financial Officer · By trust | Sold plan | $3.7m80.0k shares |
| 2025-02-12 | Apostolides James E SVP, Enterprise Op Excellence | Sold plan | $358.3k7.7k shares |
| 2025-01-28 | BORRAS MARIA C EVP, Oilfield Services & Equip | Sold | $2.9m67.2k shares |
| 2025-01-27 | BORRAS MARIA C EVP, Oilfield Services & Equip | Sold | $358.2k8.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.10% of their portfolio | 122.1m $5.4bn | Added +924.5k |
| JPMORGAN CHASE & CO 0.33% of their portfolio | 98.0m $4.3bn | Added +15.0m |
| BlackRock, Inc. 0.09% of their portfolio | 94.9m $4.2bn | Added +486.6k |
| STATE STREET CORP 0.12% of their portfolio | 63.8m $2.8bn | Reduced -926.6k |
| Dodge & Cox 1.12% of their portfolio | 44.7m $2.0bn | Reduced -1.0m |
| Capital World Investors 0.24% of their portfolio | 33.4m $1.5bn | Added +838.1k |
| Capital Research Global Investors 0.26% of their portfolio | 26.8m $1.2bn | Reduced -873.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 25.5m $1.1bn | Added +933.8k |
| NORGES BANK 0.13% of their portfolio | 20.3m $890.7m | Added +54.1k |
| FMR LLC 0.06% of their portfolio | 19.9m $875.2m | Added +4.2m |
| Artisan Partners Limited Partnership 1.18% of their portfolio | 16.5m $725.6m | New |
| MORGAN STANLEY 0.05% of their portfolio | 15.5m $679.8m | Added +2.0m |
| FIL Ltd 0.58% of their portfolio | 13.9m $611.1m | Reduced -2.1m |
| DIMENSIONAL FUND ADVISORS LP 0.13% of their portfolio | 11.7m $515.4m | Added +175.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.06% of their portfolio | 11.2m $491.4m | Reduced -1.4m |
| VICTORY CAPITAL MANAGEMENT INC 0.50% of their portfolio | 11.2m $490.7m | Reduced -2.9m |
| Invesco Ltd. 0.09% of their portfolio | 10.8m $474.2m | Added +283.5k |
| ALLIANCEBERNSTEIN L.P. 0.16% of their portfolio | 10.1m $442.5m | Added +376.7k |
| Amundi 0.15% of their portfolio | 9.9m $405.6m | Reduced -4.2m |
| NORTHERN TRUST CORP 0.06% of their portfolio | 9.5m $419.3m | Reduced -459.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.10% of their portfolio | 9.3m $407.1m | Added +707.5k |
| Nuveen, LLC 0.12% of their portfolio | 9.2m $404.4m | First filing |
| DEUTSCHE BANK AG\ 0.14% of their portfolio | 8.2m $359.6m | Added +411.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 7.3m $319.7m | Added +187.6k |
| Bank of New York Mellon Corp 0.06% of their portfolio | 7.2m $317.6m | Reduced -144.6k |
| Legal & General Group Plc 0.08% of their portfolio | 6.6m $291.4m | Added +342.3k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 6.5m $287.7m | Added +1.3m |
| RAYMOND JAMES FINANCIAL INC 0.11% of their portfolio | 6.5m $287.6m | Reduced -556.9k |
| Allspring Global Investments Holdings, LLC 0.47% of their portfolio | 6.1m $273.7m | Added +568.4k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 5.7m $251.6m | Added +2.5m |
| AMERICAN CENTURY COMPANIES INC 0.15% of their portfolio | 5.5m $242.1m | Reduced -851.5k |
| AQR CAPITAL MANAGEMENT LLC 0.24% of their portfolio | 5.5m $235.0m | Added +1.2m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.75% of their portfolio | 5.1m $225.5m | Reduced -4.1m |
| NEUBERGER BERMAN GROUP LLC 0.16% of their portfolio | 4.2m $186.8m | Added +928.2k |
| FIRST TRUST ADVISORS LP 0.16% of their portfolio | 4.2m $185.3m | Added +3.1m |
| Cardano Risk Management B.V. 2.87% of their portfolio | 4.1m $180.7m | Reduced -145.8k |
| VAN ECK ASSOCIATES CORP 0.22% of their portfolio | 3.9m $171.4m | Reduced -763.9k |
| Pacer Advisors, Inc. 0.40% of their portfolio | 3.9m $169.5m | Added +3.7m |
| UBS Group AG 0.04% of their portfolio | 3.7m $163.1m | Reduced -1.5m |
| CITIGROUP INC 0.12% of their portfolio | 3.6m $159.9m | Added +1.3m |
| BARCLAYS PLC 0.06% of their portfolio | 3.2m $140.7m | Added +805.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.17% of their portfolio | 3.2m $140.2m | Reduced -55.2k |
| SEI INVESTMENTS CO 0.18% of their portfolio | 3.1m $137.6m | Added +2.2m |
| Sumitomo Mitsui Trust Group, Inc. 0.09% of their portfolio | 2.9m $128.1m | Added +33.4k |
| Swiss National Bank 0.09% of their portfolio | 2.8m $122.7m | Reduced -15.5k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.24% of their portfolio | 2.8m $122.1m | Reduced -355.3k |
| Clearbridge Investments, LLC 0.10% of their portfolio | 2.7m $118.9m | Reduced -2.6k |
| CONGRESS ASSET MANAGEMENT CO 0.88% of their portfolio | 2.7m $118.3m | Added +78.7k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 2.6m $115.5m | Reduced -445.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 2.5m $111.0m | Added +1.2m |
| Aberdeen Group plc 0.21% of their portfolio | 2.5m $107.1m | Reduced -1.2m |
| HSBC HOLDINGS PLC 0.07% of their portfolio | 2.5m $108.3m | Reduced -356.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio | 2.4m $105.3m | First filing |
| Empower Advisory Group, LLC 0.30% of their portfolio | 2.1m $93.2m | Added +9.5k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 2.1m $92.4m | Reduced -1.1m |
| Qube Research & Technologies Ltd 0.14% of their portfolio | 2.1m $92.1m | Added +745.2k |
| Russell Investments Group, Ltd. 0.12% of their portfolio | 1.9m $85.6m | Reduced -208.3k |
| Robeco Institutional Asset Management B.V. 0.16% of their portfolio | 1.9m $84.6m | Added +161.8k |
| J. Safra Sarasin Holding AG 1.53% of their portfolio | 1.9m $84.6m | Added +633.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.09% of their portfolio | 1.9m $83.1m | Added +106.6k |
| Intermede Investment Partners Ltd 2.80% of their portfolio | 1.9m $84.3m | Reduced -395.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.22% of their portfolio | 1.9m $81.4m | Reduced -214.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 1.8m $80.7m | Added +180.8k |
| NATIXIS ADVISORS, LLC 0.15% of their portfolio | 1.8m $80.4m | Added +101.5k |
| RHUMBLINE ADVISERS 0.07% of their portfolio | 1.8m $77.7m | Added +93.4k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.7m $76.7m | Reduced -67.9k |
| TCW GROUP INC 0.66% of their portfolio | 1.7m $74.0m | Reduced -7.7k |
| California Public Employees Retirement System 0.05% of their portfolio | 1.7m $72.8m | Reduced -6.4k |
| Ensign Peak Advisors, Inc 0.14% of their portfolio | 1.6m $71.0m | Added +85.6k |
| 1832 Asset Management L.P. 0.13% of their portfolio | 1.6m $70.7m | New |
| ProShare Advisors LLC 0.15% of their portfolio | 1.5m $65.0m | Added +162.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.06% of their portfolio | 1.4m $62.1m | Added +651.3k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 1.4m $63.1m | Added +325.5k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.14% of their portfolio | 1.4m $63.0m | Added +1.1m |
| GROUPAMA ASSET MANAGMENT 1.23% of their portfolio | 1.4m $61.7m | Added +375.0k |
| STRS OHIO 0.25% of their portfolio | 1.4m $60.5m | Reduced -187.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 1.2m $54.5m | Added +82.7k |
| FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND 0.65% of their portfolio | 1.2m $54.4m | Reduced -87.0k |
| PANAGORA ASSET MANAGEMENT INC 0.27% of their portfolio | 1.2m $53.7m | Reduced -157.9k |
| National Pension Service 0.05% of their portfolio | 1.2m $53.1m | Reduced -69.3k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.23% of their portfolio | 1.2m $50.9m | Added +16.4k |
| STIFEL FINANCIAL CORP 0.05% of their portfolio | 1.2m $50.8m | Reduced -200.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio | 1.1m $46.8m | Added +875.3k |
| Mariner, LLC 0.08% of their portfolio | 1.1m $46.7m | Added +233.3k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 1.0m $45.0m | Reduced -251.9k |
| AltraVue Capital, LLC 4.45% of their portfolio | 1.0m $44.4m | Added +9.5k |
| Encompass Capital Advisors LLC 1.65% of their portfolio | 974.7k $42.8m | Reduced -325.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.08% of their portfolio | 970.6k $42.7m | Reduced -57.6k |
| CANADA LIFE ASSURANCE Co 0.07% of their portfolio | 896.1k $39.5m | Added +13.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio | 896.0k $39.4m | Added +218.9k |
| Korea Investment CORP 0.10% of their portfolio | 895.4k $39.4m | Added +76.5k |
| NATIONAL BANK OF CANADA /FI/ 0.04% of their portfolio | 836.4k $36.8m | Reduced -460.7k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.08% of their portfolio | 819.6k $36.0m | Added +94.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.08% of their portfolio | 818.4k $36.0m | Reduced -14.1k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.08% of their portfolio | 808.0k $35.5m | Added +13.5k |
| Caisse de depot et placement du Quebec 0.07% of their portfolio | 797.2k $35.0m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.09% of their portfolio | 777.4k $34.2m | Added +144.0k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 757.7k $33.3m | Reduced -25.2k |
| Balyasny Asset Management L.P. 0.08% of their portfolio | 753.8k $33.1m | Reduced -769.0k |
| AVIVA PLC 0.07% of their portfolio | 695.5k $30.6m | Added +96.8k |