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 ($131.7m this quarter). Holder counts are more reliable. Shares outstanding: 986.8m as of 2025-10-16, 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 ≈ $48.71. Options: 38 managers hold calls ($334.6m notional), 33 hold puts ($251.9m).
Trends to Q3 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 |
| Q3 2025 | 956 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q3 2025 | 480 | 391 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $223.5m | $250.6m | 1.12 |
| Q1 2025 | $203.3m | $228.6m | 1.12 |
| Q2 2025 | $190.0m | $142.0m | 0.75 |
| Q3 2025 | $334.6m | $251.9m | 0.75 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +95.0m |
| Capital International Investors | New | +15.0m |
| Capital World Investors | Added | +3.2m |
| FIRST TRUST ADVISORS LP | Added | +1.9m |
| Capital Research Global Investors | Added | +1.7m |
| Merewether Investment Management, LP | Added | +1.7m |
| MARSHALL WACE, LLP | Added | +1.5m |
| JANUS HENDERSON GROUP PLC | Added | +1.3m |
| Allspring Global Investments Holdings, LLC | Added | +1.1m |
| Balyasny Asset Management L.P. | Added | +927.3k |
Biggest sellers
| ALLIANCEBERNSTEIN L.P. | Reduced | -3.8m |
| ROYAL BANK OF CANADA | Reduced | -2.8m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -2.6m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -2.0m |
| RAYMOND JAMES FINANCIAL INC | Reduced | -1.5m |
| NEUBERGER BERMAN GROUP LLC | Reduced | -1.5m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -1.4m |
| BlackRock, Inc. | Reduced | -1.3m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Reduced | -1.3m |
| Aventail Capital Group, LP | Reduced | -1.2m |
Biggest calls
| PEAK6 LLC | Added | $115.7m2.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $32.7m671.8k shares |
| CITIGROUP INC | Reduced | $21.0m431.0k shares |
| JPMORGAN CHASE & CO | Added | $19.5m400.0k shares |
| Twin Tree Management, LP | New | $18.6m380.8k shares |
| UBS Group AG | Added | $16.2m332.0k shares |
| IMC-Chicago, LLC | Added | $13.7m280.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $12.4m253.8k shares |
| JANE STREET GROUP, LLC | Added | $11.3m231.5k shares |
| CITADEL ADVISORS LLC | Reduced | $10.2m209.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $41.5m850.8k shares |
| CITIGROUP INC | Added | $39.9m819.5k shares |
| CITADEL ADVISORS LLC | Added | $29.5m606.5k shares |
| UBS Group AG | Added | $27.5m564.4k shares |
| JPMORGAN CHASE & CO | Added | $19.5m400.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $12.5m255.9k shares |
| BANK OF AMERICA CORP /DE/ | Added | $9.3m191.8k shares |
| IMC-Chicago, LLC | Reduced | $8.2m168.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $7.2m148.2k shares |
| Verition Fund Management LLC | Added | $6.3m129.5k 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 Q3 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 |
|---|---|---|---|---|---|
| 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 |
| Q3 2025 | 0 | — | 5 | $27.4m | $27.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-23 | RAMASWAMY SREEGANESH EVP, Industrial & Energy Tech | Sold plan | $1.2m25.0k shares |
| 2025-09-23 | Apostolides James E Chief Infra & Performance Ofcr | Sold plan | $310.8k6.2k shares |
| 2025-09-23 | Charlton Rebecca L SVP, Controller & CAO | Sold plan | $50.0k1.0k shares |
| 2025-09-10 | BORRAS MARIA C Chief Growth & Experience Ofcr | Sold plan | $2.4m50.4k shares |
| 2025-07-24 | Charlton Rebecca L SVP, Controller & CAO | Sold plan | $22.5k500 shares |
| 2025-07-23 | Simonelli Lorenzo Chairman, President and CEO, director | Sold plan | $23.4m526.6k 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, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| JPMORGAN CHASE & CO 0.32% of their portfolio | 205.9m $10.0bn | Added +95.0m |
| VANGUARD GROUP INC 0.09% of their portfolio | 123.9m $6.0bn | Added +598.2k |
| BlackRock, Inc. 0.08% of their portfolio | 91.3m $4.4bn | Reduced -1.3m |
| STATE STREET CORP 0.10% of their portfolio | 60.5m $2.9bn | Reduced -1.2m |
| Capital World Investors 0.32% of their portfolio | 47.5m $2.3bn | Added +3.2m |
| Dodge & Cox 1.16% of their portfolio | 44.1m $2.1bn | Reduced -529.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 26.0m $1.3bn | Added +133.2k |
| Capital Research Global Investors 0.24% of their portfolio | 25.9m $1.3bn | Added +1.7m |
| Artisan Partners Limited Partnership 1.21% of their portfolio | 17.3m $843.7m | Added +638.6k |
| MORGAN STANLEY 0.05% of their portfolio | 16.0m $780.9m | Added +135.9k |
| Capital International Investors 0.12% of their portfolio | 15.0m $729.7m | New |
| FIL Ltd 0.49% of their portfolio | 12.9m $628.9m | Reduced -786.0k |
| FMR LLC 0.03% of their portfolio | 12.8m $625.1m | Added +890.8k |
| DIMENSIONAL FUND ADVISORS LP 0.12% of their portfolio | 11.8m $575.5m | Reduced -23.3k |
| Invesco Ltd. 0.09% of their portfolio | 11.7m $570.8m | Reduced -1.1m |
| NORTHERN TRUST CORP 0.06% of their portfolio | 9.3m $455.1m | Reduced -266.2k |
| FIRST TRUST ADVISORS LP 0.34% of their portfolio | 9.3m $454.3m | Added +1.9m |
| Amundi 0.14% of their portfolio | 9.0m $443.4m | Added +257.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.25% of their portfolio | 8.8m $430.1m | Reduced -2.6m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.09% of their portfolio | 8.6m $421.0m | Reduced -2.0m |
| Nuveen, LLC 0.11% of their portfolio | 8.6m $420.5m | Reduced -368.8k |
| Allspring Global Investments Holdings, LLC 0.65% of their portfolio | 8.4m $407.1m | Added +1.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 7.7m $374.1m | Added +220.0k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.11% of their portfolio | 7.4m $359.0m | Reduced -1.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 7.4m $358.4m | Reduced -320.8k |
| Legal & General Group Plc 0.08% of their portfolio | 7.1m $348.2m | Added +367.7k |
| Bank of New York Mellon Corp 0.06% of their portfolio | 6.6m $320.6m | Reduced -102.2k |
| ALLIANCEBERNSTEIN L.P. 0.10% of their portfolio | 6.3m $305.8m | Reduced -3.8m |
| AMERICAN CENTURY COMPANIES INC 0.15% of their portfolio | 6.2m $300.1m | Reduced -1.4m |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 5.1m $247.5m | Reduced -46.1k |
| Cardano Risk Management B.V. 2.31% of their portfolio | 4.5m $217.6m | Reduced -484.0k |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 4.2m $204.4m | Added +205.7k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 4.1m $197.8m | Reduced -937.0k |
| CITIGROUP INC 0.12% of their portfolio | 3.6m $175.1m | Reduced -513.1k |
| SEI INVESTMENTS CO 0.18% of their portfolio | 3.4m $167.4m | Added +300.5k |
| RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio | 3.4m $166.9m | Reduced -1.5m |
| BARCLAYS PLC 0.06% of their portfolio | 3.3m $162.4m | Reduced -1.2m |
| Pacer Advisors, Inc. 0.41% of their portfolio | 3.3m $161.5m | Reduced -628.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.16% of their portfolio | 3.3m $158.6m | Reduced -127.2k |
| UBS Group AG 0.03% of their portfolio | 3.2m $154.3m | Reduced -140.4k |
| VAN ECK ASSOCIATES CORP 0.13% of their portfolio | 2.9m $142.2m | Reduced -812.1k |
| Swiss National Bank 0.08% of their portfolio | 2.9m $139.1m | Reduced -142.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.08% of their portfolio | 2.8m $135.6m | Reduced -155.6k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.21% of their portfolio | 2.6m $124.4m | Reduced -233.5k |
| Clearbridge Investments, LLC 0.09% of their portfolio | 2.5m $120.1m | Reduced -944 |
| NORDEA INVESTMENT MANAGEMENT AB 0.10% of their portfolio | 2.4m $118.7m | Added +216.8k |
| Empower Advisory Group, LLC 0.30% of their portfolio | 2.2m $108.2m | Added +31.2k |
| MARSHALL WACE, LLP 0.12% of their portfolio | 2.2m $106.1m | Added +1.5m |
| Merewether Investment Management, LP 2.52% of their portfolio | 2.2m $105.5m | Added +1.7m |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 2.1m $101.1m | Added +65.9k |
| Russell Investments Group, Ltd. 0.11% of their portfolio | 2.1m $101.2m | Added +183.1k |
| California Public Employees Retirement System 0.06% of their portfolio | 2.0m $98.4m | Added +218.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio | 2.0m $97.5m | Reduced -237.4k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 1.9m $91.2m | Reduced -621.3k |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 1.9m $90.1m | Added +180.9k |
| Caisse de depot et placement du Quebec 0.16% of their portfolio | 1.8m $87.5m | Added +528.0k |
| TCW GROUP INC 0.72% of their portfolio | 1.8m $85.5m | Added +212.5k |
| RHUMBLINE ADVISERS 0.07% of their portfolio | 1.7m $84.3m | Reduced -26.7k |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 1.7m $82.9m | Added +1.3m |
| J. Safra Sarasin Holding AG 1.32% of their portfolio | 1.7m $81.7m | Reduced -453.5k |
| Aberdeen Group plc 0.13% of their portfolio | 1.6m $80.1m | Reduced -202.8k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 1.6m $76.3m | Added +189.0k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.5m $70.8m | Reduced -181.2k |
| GROUPAMA ASSET MANAGMENT 1.03% of their portfolio | 1.4m $70.5m | Reduced -251.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.06% of their portfolio | 1.4m $71.4m | Reduced -37.0k |
| TORONTO DOMINION BANK 0.13% of their portfolio | 1.4m $66.2m | Added +909.1k |
| Ensign Peak Advisors, Inc 0.11% of their portfolio | 1.3m $65.1m | Reduced -132.0k |
| PANAGORA ASSET MANAGEMENT INC 0.26% of their portfolio | 1.3m $64.9m | Added +229.2k |
| Intermede Investment Partners Ltd 2.77% of their portfolio | 1.3m $64.1m | Reduced -506.9k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.06% of their portfolio | 1.3m $62.5m | Added +845.5k |
| ProShare Advisors LLC 0.13% of their portfolio | 1.3m $62.0m | Reduced -284.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 1.3m $61.2m | Added +513.0k |
| National Pension Service 0.05% of their portfolio | 1.3m $61.1m | Added +33.2k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 1.2m $60.9m | Reduced -2.8m |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 1.2m $60.5m | Reduced -97.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 1.2m $56.1m | Added +16.6k |
| Susquehanna Portfolio Strategies, LLC 0.88% of their portfolio | 1.1m $55.6m | Unchanged |
| HighTower Advisors, LLC 0.06% of their portfolio | 1.1m $54.1m | Added +136.0k |
| AMF Tjanstepension AB 0.21% of their portfolio | 1.1m $53.6m | Added +405.2k |
| FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND 0.45% of their portfolio | 1.1m $52.6m | Reduced -30.2k |
| STIFEL FINANCIAL CORP 0.05% of their portfolio | 1.1m $52.5m | Added +10.4k |
| Mariner, LLC 0.07% of their portfolio | 1.1m $52.4m | Added +16.9k |
| Vest Financial, LLC 0.68% of their portfolio | 1.1m $51.7m | Added +318.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio | 1.0m $49.8m | Added +107.6k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 1.0m $49.6m | Added +195.5k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.09% of their portfolio | 1.0m $49.3m | Reduced -368.9k |
| AltraVue Capital, LLC 4.08% of their portfolio | 1.0m $49.2m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.07% of their portfolio | 999.2k $50.5m | Added +38.0k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 998.5k $48.6m | Reduced -802.1k |
| Balyasny Asset Management L.P. 0.09% of their portfolio | 946.5k $46.1m | Added +927.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.08% of their portfolio | 937.0k $45.7m | Reduced -48.4k |
| STRS OHIO 0.16% of their portfolio | 903.7k $44.0m | Added +2.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.08% of their portfolio | 875.0k $42.6m | Reduced -664 |
| NATIONAL BANK OF CANADA /FI/ 0.05% of their portfolio | 873.3k $42.5m | Added +34.9k |
| NATIXIS ADVISORS, LLC 0.06% of their portfolio | 850.2k $41.4m | Added +42.6k |
| JOHNSON INVESTMENT COUNSEL INC 0.35% of their portfolio | 849.6k $41.4m | Added +841.3k |
| Webs Creek Capital Management LP 8.52% of their portfolio | 839.2k $40.9m | New |
| CIBC WORLD MARKET INC. 0.08% of their portfolio | 829.8k $40.4m | Added +99.3k |
| Ananym Capital Management, LP 15.06% of their portfolio | 803.9k $39.2m | Unchanged |
| AVIVA PLC 0.07% of their portfolio | 788.2k $38.4m | Added +40.2k |