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 ($76.5m this quarter). Holder counts are more reliable. Shares outstanding: 985.9m as of 2025-07-16, 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 ≈ $38.35. Options: 37 managers hold calls ($190.0m notional), 34 hold puts ($142.0m).
Trends to Q2 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 |
| Q2 2025 | 884 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 407 | 485 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $189.4m | $243.8m | 1.29 |
| Q4 2024 | $223.5m | $250.6m | 1.12 |
| Q1 2025 | $203.3m | $228.6m | 1.12 |
| Q2 2025 | $190.0m | $142.0m | 0.75 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +13.0m |
| Capital World Investors | Added | +11.0m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +3.5m |
| FIRST TRUST ADVISORS LP | Added | +3.2m |
| NORGES BANK | Added | +2.2m |
| AMERICAN CENTURY COMPANIES INC | Added | +2.1m |
| Invesco Ltd. | Added | +2.0m |
| ROYAL BANK OF CANADA | Added | +1.9m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.7m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +1.4m |
Biggest sellers
| FMR LLC | Reduced | -8.0m |
| DEUTSCHE BANK AG\ | Reduced | -4.2m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -4.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -3.5m |
| Capital Research Global Investors | Reduced | -2.6m |
| NEUBERGER BERMAN GROUP LLC | Reduced | -2.5m |
| CONGRESS ASSET MANAGEMENT CO | Reduced | -2.5m |
| BlackRock, Inc. | Reduced | -2.3m |
| STATE STREET CORP | Reduced | -2.2m |
| Qube Research & Technologies Ltd | Reduced | -1.8m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $32.2m839.5k shares |
| CITIGROUP INC | Reduced | $19.3m503.7k shares |
| PEAK6 LLC | Added | $18.2m474.2k shares |
| CITADEL ADVISORS LLC | Reduced | $16.5m430.5k shares |
| IMC-Chicago, LLC | Reduced | $10.0m259.9k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $9.0m234.5k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $8.9m233.2k shares |
| SIMPLEX TRADING, LLC | Added | $8.8m228.8k shares |
| JANE STREET GROUP, LLC | Added | $8.3m215.3k shares |
| JPMORGAN CHASE & CO | Reduced | $7.7m200.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $27.3m712.0k shares |
| CITIGROUP INC | Reduced | $25.5m665.0k shares |
| CITADEL ADVISORS LLC | Reduced | $13.6m355.3k shares |
| Qube Research & Technologies Ltd | Reduced | $9.5m246.5k shares |
| JPMORGAN CHASE & CO | Unchanged | $7.7m200.0k shares |
| IMC-Chicago, LLC | Reduced | $6.6m173.0k shares |
| UBS Group AG | Reduced | $5.1m133.5k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $5.0m130.2k shares |
| Walleye Capital LLC | Reduced | $4.3m112.9k shares |
| Walleye Trading LLC | Reduced | $4.1m106.7k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 |
| Q2 2025 | 0 | — | 3 | $2.7m | $2.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-17 | BORRAS MARIA C Chief Growth & Experience Ofcr | Sold plan | $223.4k5.6k shares |
| 2025-06-12 | Charlton Rebecca L SVP, Controller & CAO | Sold plan | $232.4k6.0k shares |
| 2025-06-09 | BORRAS MARIA C Chief Growth & Experience Ofcr | Sold plan | $2.1m54.3k shares |
| 2025-05-07 | Apostolides James E SVP, Enterprise Op Excellence | Sold plan | $138.7k3.8k 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, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 123.3m $4.7bn | Added +1.2m |
| JPMORGAN CHASE & CO 0.29% of their portfolio | 110.9m $4.3bn | Added +13.0m |
| BlackRock, Inc. 0.07% of their portfolio | 92.6m $3.6bn | Reduced -2.3m |
| STATE STREET CORP 0.09% of their portfolio | 61.6m $2.4bn | Reduced -2.2m |
| Dodge & Cox 0.96% of their portfolio | 44.6m $1.7bn | Reduced -72.3k |
| Capital World Investors 0.25% of their portfolio | 44.4m $1.7bn | Added +11.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 25.9m $988.0m | Added +398.0k |
| Capital Research Global Investors 0.19% of their portfolio | 24.2m $926.9m | Reduced -2.6m |
| NORGES BANK 0.11% of their portfolio | 22.5m $862.7m | Added +2.2m |
| Artisan Partners Limited Partnership 0.95% of their portfolio | 16.7m $639.4m | Added +167.1k |
| MORGAN STANLEY 0.04% of their portfolio | 15.9m $609.3m | Added +425.2k |
| FIL Ltd 0.45% of their portfolio | 13.7m $525.1m | Reduced -210.0k |
| Invesco Ltd. 0.08% of their portfolio | 12.8m $492.1m | Added +2.0m |
| FMR LLC 0.03% of their portfolio | 11.9m $457.8m | Reduced -8.0m |
| DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio | 11.8m $453.6m | Added +104.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.28% of their portfolio | 11.4m $438.8m | Added +269.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.08% of their portfolio | 10.6m $407.9m | Added +1.4m |
| ALLIANCEBERNSTEIN L.P. 0.13% of their portfolio | 10.0m $385.2m | Reduced -20.6k |
| NORTHERN TRUST CORP 0.05% of their portfolio | 9.6m $368.3m | Added +66.3k |
| Nuveen, LLC 0.10% of their portfolio | 9.0m $345.0m | Reduced -202.0k |
| Amundi 0.12% of their portfolio | 8.8m $351.3m | Reduced -1.1m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.07% of their portfolio | 8.6m $331.4m | Added +3.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 7.7m $294.4m | Reduced -3.5m |
| AMERICAN CENTURY COMPANIES INC 0.16% of their portfolio | 7.6m $291.5m | Added +2.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 7.5m $285.9m | Added +183.7k |
| FIRST TRUST ADVISORS LP 0.23% of their portfolio | 7.4m $284.4m | Added +3.2m |
| Allspring Global Investments Holdings, LLC 0.47% of their portfolio | 7.3m $281.4m | Added +1.2m |
| Legal & General Group Plc 0.06% of their portfolio | 6.8m $259.9m | Added +148.6k |
| Bank of New York Mellon Corp 0.05% of their portfolio | 6.7m $256.2m | Reduced -543.4k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 5.1m $196.5m | Reduced -599.1k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 5.0m $191.6m | Reduced -1.6m |
| Cardano Risk Management B.V. 2.43% of their portfolio | 4.9m $189.8m | Added +838.3k |
| RAYMOND JAMES FINANCIAL INC 0.06% of their portfolio | 4.9m $188.4m | Reduced -1.6m |
| BARCLAYS PLC 0.07% of their portfolio | 4.5m $173.2m | Added +1.3m |
| CITIGROUP INC 0.11% of their portfolio | 4.1m $157.5m | Added +469.5k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 4.0m $154.9m | Added +1.9m |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 4.0m $152.9m | Reduced -4.2m |
| Pacer Advisors, Inc. 0.38% of their portfolio | 3.9m $151.2m | Added +86.2k |
| VAN ECK ASSOCIATES CORP 0.16% of their portfolio | 3.7m $143.0m | Reduced -169.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.14% of their portfolio | 3.4m $129.7m | Added +193.4k |
| UBS Group AG 0.03% of their portfolio | 3.3m $126.8m | Reduced -403.5k |
| SEI INVESTMENTS CO 0.14% of their portfolio | 3.1m $120.2m | Added +2.9k |
| Swiss National Bank 0.07% of their portfolio | 3.0m $114.9m | Added +207.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 2.9m $112.7m | Added +24.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.19% of their portfolio | 2.8m $106.9m | Added +8.8k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 2.5m $95.6m | Reduced -136.1k |
| Clearbridge Investments, LLC 0.08% of their portfolio | 2.5m $94.5m | Reduced -239.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 2.2m $85.9m | Reduced -156.9k |
| NORDEA INVESTMENT MANAGEMENT AB 0.08% of their portfolio | 2.2m $86.0m | Added +311.4k |
| Empower Advisory Group, LLC 0.25% of their portfolio | 2.2m $83.9m | Added +68.7k |
| J. Safra Sarasin Holding AG 1.41% of their portfolio | 2.1m $81.6m | Added +205.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.06% of their portfolio | 2.0m $77.0m | Added +171.4k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 1.9m $72.5m | Reduced -56.7k |
| Aberdeen Group plc 0.12% of their portfolio | 1.8m $71.5m | Reduced -632.5k |
| Intermede Investment Partners Ltd 2.26% of their portfolio | 1.8m $69.9m | Reduced -95.1k |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 1.8m $69.0m | Added +1.7m |
| California Public Employees Retirement System 0.04% of their portfolio | 1.8m $69.0m | Added +144.4k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 1.8m $67.3m | Reduced -12.6k |
| NEUBERGER BERMAN GROUP LLC 0.05% of their portfolio | 1.7m $65.9m | Reduced -2.5m |
| Aventail Capital Group, LP 2.92% of their portfolio | 1.7m $65.7m | Added +1.2m |
| GROUPAMA ASSET MANAGMENT 1.07% of their portfolio | 1.7m $64.6m | Added +265.8k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 1.7m $64.3m | Reduced -794.9k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.6m $62.7m | Reduced -110.6k |
| ProShare Advisors LLC 0.12% of their portfolio | 1.6m $59.7m | Added +76.6k |
| TCW GROUP INC 0.46% of their portfolio | 1.5m $59.1m | Reduced -142.0k |
| Ensign Peak Advisors, Inc 0.10% of their portfolio | 1.5m $56.3m | Reduced -148.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 1.5m $55.6m | Added +9.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.11% of their portfolio | 1.4m $52.9m | Reduced -53.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 1.4m $52.8m | Reduced -60.0k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.13% of their portfolio | 1.4m $51.8m | Reduced -502.8k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 1.3m $51.2m | Reduced -4.1m |
| AustralianSuper Pty Ltd 0.25% of their portfolio | 1.3m $49.5m | Added +782.6k |
| Caisse de depot et placement du Quebec 0.10% of their portfolio | 1.3m $48.6m | Added +471.5k |
| National Pension Service 0.04% of their portfolio | 1.2m $46.8m | Added +11.9k |
| Susquehanna Portfolio Strategies, LLC 0.96% of their portfolio | 1.1m $43.8m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 1.1m $43.5m | Reduced -104.8k |
| FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND 0.39% of their portfolio | 1.1m $42.5m | Reduced -127.9k |
| PANAGORA ASSET MANAGEMENT INC 0.19% of their portfolio | 1.1m $42.3m | Reduced -119.0k |
| STIFEL FINANCIAL CORP 0.04% of their portfolio | 1.1m $40.9m | Reduced -88.5k |
| Mariner, LLC 0.06% of their portfolio | 1.1m $40.5m | Reduced -6.8k |
| Bornite Capital Management LP 3.94% of their portfolio | 1.0m $39.4m | New |
| AltraVue Capital, LLC 3.40% of their portfolio | 1.0m $38.7m | Unchanged |
| VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 1.0m $38.3m | Reduced -1.5m |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.07% of their portfolio | 985.5k $37.8m | Added +14.8k |
| HighTower Advisors, LLC 0.05% of their portfolio | 974.4k $37.4m | Added +291.6k |
| CANADA LIFE ASSURANCE Co 0.06% of their portfolio | 961.2k $36.9m | Added +65.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 915.2k $35.1m | Added +19.3k |
| STRS OHIO 0.13% of their portfolio | 901.5k $34.6m | Reduced -474.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 875.7k $33.6m | Added +57.3k |
| Korea Investment CORP 0.07% of their portfolio | 871.4k $33.4m | Reduced -24.0k |
| NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio | 838.4k $32.1m | Added +1.9k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 821.7k $31.5m | Reduced -201.4k |
| NATIXIS ADVISORS, LLC 0.05% of their portfolio | 807.7k $31.0m | Reduced -1.0m |
| Ananym Capital Management, LP 13.29% of their portfolio | 803.9k $30.8m | Added +147.7k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.07% of their portfolio | 787.2k $30.2m | Reduced -20.7k |
| Swedbank AB 0.03% of their portfolio | 777.3k $29.8m | First filing |
| AVIVA PLC 0.06% of their portfolio | 748.0k $28.7m | Added +52.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 743.5k $28.5m | Added +236.7k |
| Vest Financial, LLC 0.40% of their portfolio | 742.5k $28.5m | Added +296.8k |
| CIBC WORLD MARKET INC. 0.06% of their portfolio | 730.5k $28.0m | Added +157.1k |