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 ($168.4m this quarter). Holder counts are more reliable. Shares outstanding: 988.2m as of 2026-01-27, 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 ≈ $45.56. Options: 32 managers hold calls ($173.5m notional), 29 hold puts ($205.1m).
Trends to Q4 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 |
| Q4 2025 | 1,017 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2025 | 503 | 387 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $203.3m | $228.6m | 1.12 |
| Q2 2025 | $190.0m | $142.0m | 0.75 |
| Q3 2025 | $334.6m | $251.9m | 0.75 |
| Q4 2025 | $173.5m | $205.1m | 1.18 |
Biggest buyers
| Invesco Ltd. | Added | +23.2m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +11.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +4.3m |
| BESSEMER GROUP INC | Added | +3.5m |
| AMERICAN CENTURY COMPANIES INC | Added | +2.3m |
| BlackRock, Inc. | Added | +2.2m |
| HSBC HOLDINGS PLC | Added | +1.9m |
| MUFG Securities EMEA plc | Added | +1.8m |
| DANSKE BANK A/S | Added | +1.6m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +1.4m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -119.1m |
| Dodge & Cox | Reduced | -3.3m |
| Pacer Advisors, Inc. | Reduced | -3.2m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Reduced | -3.1m |
| MORGAN STANLEY | Reduced | -2.6m |
| VANGUARD GROUP INC | Reduced | -2.4m |
| CITIGROUP INC | Reduced | -2.2m |
| Merewether Investment Management, LP | Sold out | -2.2m |
| FMR LLC | Reduced | -1.2m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -1.1m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $30.6m673.0k shares |
| UBS Group AG | Added | $23.7m521.5k shares |
| CITIGROUP INC | Unchanged | $19.6m431.0k shares |
| IMC-Chicago, LLC | Added | $14.3m313.7k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $13.4m293.8k shares |
| JPMORGAN CHASE & CO | Reduced | $9.1m200.0k shares |
| JANE STREET GROUP, LLC | Reduced | $8.9m196.1k shares |
| CITADEL ADVISORS LLC | Reduced | $7.7m168.2k shares |
| PEAK6 LLC | Reduced | $7.5m165.6k shares |
| SIMPLEX TRADING, LLC | Added | $7.0m153.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $41.1m903.2k shares |
| CITIGROUP INC | Unchanged | $37.3m819.5k shares |
| UBS Group AG | Added | $29.3m644.4k shares |
| CITADEL ADVISORS LLC | Reduced | $19.8m434.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $11.8m259.4k shares |
| JPMORGAN CHASE & CO | Reduced | $9.1m200.0k shares |
| Verition Fund Management LLC | Added | $7.2m159.0k shares |
| IMC-Chicago, LLC | Reduced | $7.0m153.1k shares |
| Walleye Trading LLC | Added | $5.1m113.0k shares |
| Walleye Capital LLC | Added | $5.0m109.4k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 |
| Q4 2025 | 0 | — | 1 | $13.2k | $13.2k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-11-13 | Charlton Rebecca L SVP, Controller & CAO | Sold plan | $13.2k278 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 121.5m $5.5bn | Reduced -2.4m |
| BlackRock, Inc. 0.07% of their portfolio | 93.5m $4.3bn | Added +2.2m |
| JPMORGAN CHASE & CO 0.27% of their portfolio | 86.8m $4.0bn | Reduced -119.1m |
| STATE STREET CORP 0.09% of their portfolio | 61.4m $2.8bn | Added +937.6k |
| Capital World Investors 0.29% of their portfolio | 47.2m $2.2bn | Reduced -311.4k |
| Dodge & Cox 1.00% of their portfolio | 40.8m $1.9bn | Reduced -3.3m |
| Invesco Ltd. 0.15% of their portfolio | 34.9m $1.6bn | Added +23.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 26.2m $1.2bn | Added +204.5k |
| Capital Research Global Investors 0.22% of their portfolio | 25.8m $1.2bn | Reduced -145.4k |
| NORGES BANK 0.11% of their portfolio | 22.5m $1.0bn | Not comparable |
| Artisan Partners Limited Partnership 1.18% of their portfolio | 16.9m $769.8m | Reduced -412.6k |
| Capital International Investors 0.11% of their portfolio | 15.9m $725.6m | Added +956.8k |
| MORGAN STANLEY 0.04% of their portfolio | 13.5m $613.6m | Reduced -2.6m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.50% of their portfolio | 12.5m $570.4m | Added +11.2m |
| FIL Ltd 0.41% of their portfolio | 12.1m $550.8m | Reduced -813.6k |
| DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio | 11.8m $535.6m | Reduced -48.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.06% of their portfolio | 11.6m $529.9m | Added +4.3m |
| FMR LLC 0.03% of their portfolio | 11.6m $527.8m | Reduced -1.2m |
| Allspring Global Investments Holdings, LLC 0.71% of their portfolio | 9.3m $437.9m | Added +871.4k |
| FIRST TRUST ADVISORS LP 0.31% of their portfolio | 9.3m $423.0m | Reduced -36.7k |
| NORTHERN TRUST CORP 0.05% of their portfolio | 9.1m $415.9m | Reduced -208.0k |
| Nuveen, LLC 0.10% of their portfolio | 8.6m $391.5m | Reduced -32.9k |
| Amundi 0.11% of their portfolio | 8.5m $388.8m | Reduced -497.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.08% of their portfolio | 8.5m $386.9m | Reduced -144.9k |
| AMERICAN CENTURY COMPANIES INC 0.19% of their portfolio | 8.4m $383.8m | Added +2.3m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 7.9m $358.3m | Added +189.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.20% of their portfolio | 7.7m $350.7m | Reduced -1.1m |
| Legal & General Group Plc 0.07% of their portfolio | 6.8m $309.4m | Reduced -352.6k |
| Bank of New York Mellon Corp 0.05% of their portfolio | 6.6m $301.4m | Added +39.1k |
| ALLIANCEBERNSTEIN L.P. 0.09% of their portfolio | 6.2m $281.0m | Reduced -106.4k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 6.0m $275.1m | Added +961.2k |
| Cardano Risk Management B.V. 2.26% of their portfolio | 4.9m $224.8m | Added +469.5k |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 4.9m $223.6m | Added +713.9k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.58% of their portfolio | 4.3m $194.1m | Reduced -3.1m |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 3.8m $172.5m | Added +1.9m |
| VAN ECK ASSOCIATES CORP 0.14% of their portfolio | 3.7m $168.7m | Added +786.4k |
| SEI INVESTMENTS CO 0.16% of their portfolio | 3.7m $166.9m | Added +230.4k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.7m $166.3m | Reduced -406.7k |
| BESSEMER GROUP INC 0.24% of their portfolio | 3.5m $159.0m | Added +3.5m |
| RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio | 3.5m $159.4m | Added +47.6k |
| UBS Group AG 0.03% of their portfolio | 3.2m $146.1m | Added +41.1k |
| Eurizon Capital SGR S.p.A. 0.45% of their portfolio | 3.2m $144.3m | First filing |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.14% of their portfolio | 3.1m $142.1m | Reduced -135.8k |
| Caisse de depot et placement du Quebec 0.23% of their portfolio | 3.0m $136.9m | Added +1.2m |
| BARCLAYS PLC 0.05% of their portfolio | 3.0m $134.4m | Reduced -381.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.11% of their portfolio | 2.8m $125.8m | Added +310.0k |
| Swiss National Bank 0.07% of their portfolio | 2.7m $123.0m | Reduced -155.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 2.7m $122.2m | Reduced -99.1k |
| PFA Pension, Forsikringsaktieselskab 0.34% of their portfolio | 2.6m $119.1m | First filing |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 2.5m $114.8m | Added +518.5k |
| Clearbridge Investments, LLC 0.09% of their portfolio | 2.4m $111.2m | Reduced -21.8k |
| PANAGORA ASSET MANAGEMENT INC 0.39% of their portfolio | 2.4m $109.0m | Added +1.1m |
| MUFG Securities EMEA plc 1.26% of their portfolio | 2.4m $108.2m | Added +1.8m |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.17% of their portfolio | 2.3m $105.6m | Reduced -234.4k |
| Empower Advisory Group, LLC 0.27% of their portfolio | 2.2m $98.3m | Reduced -60.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 2.2m $101.8m | Added +84.1k |
| Russell Investments Group, Ltd. 0.10% of their portfolio | 2.1m $95.7m | Added +26.7k |
| California Public Employees Retirement System 0.05% of their portfolio | 2.0m $89.9m | Reduced -43.9k |
| MARSHALL WACE, LLP 0.09% of their portfolio | 2.0m $89.7m | Reduced -207.4k |
| GROUPAMA ASSET MANAGMENT 1.28% of their portfolio | 1.9m $87.5m | Added +474.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 1.8m $80.1m | Added +1.4m |
| ProShare Advisors LLC 0.14% of their portfolio | 1.7m $79.7m | Added +477.7k |
| TCW GROUP INC 0.57% of their portfolio | 1.7m $79.4m | Reduced -11.5k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 1.7m $79.1m | Added +6.8k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 1.7m $77.6m | Added +2.1k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 1.7m $76.8m | Added +436.4k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 1.7m $76.5m | Added +114.4k |
| DANSKE BANK A/S 0.17% of their portfolio | 1.6m $74.9m | Added +1.6m |
| J. Safra Sarasin Holding AG 1.21% of their portfolio | 1.6m $74.7m | Reduced -36.6k |
| Aberdeen Group plc 0.11% of their portfolio | 1.6m $74.1m | Reduced -14.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 1.4m $64.6m | Reduced -11.1k |
| CITIGROUP INC 0.04% of their portfolio | 1.4m $63.7m | Reduced -2.2m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio | 1.4m $62.7m | Added +1.1m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.10% of their portfolio | 1.4m $61.8m | Added +344.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.3m $61.0m | Reduced -115.0k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.3m $60.4m | Reduced -545.7k |
| National Pension Service 0.04% of their portfolio | 1.3m $60.0m | Added +64.3k |
| Jefferies Financial Group Inc. 0.49% of their portfolio | 1.3m $59.9m | New |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 1.3m $58.3m | Added +38.4k |
| Intermede Investment Partners Ltd 2.46% of their portfolio | 1.3m $57.0m | Reduced -63.7k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.06% of their portfolio | 1.2m $55.7m | Added +437.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 1.2m $52.8m | Added +8.3k |
| Robeco Institutional Asset Management B.V. 0.07% of their portfolio | 1.1m $52.3m | Added +690.5k |
| Susquehanna Portfolio Strategies, LLC 0.80% of their portfolio | 1.1m $52.0m | Unchanged |
| HighTower Advisors, LLC 0.06% of their portfolio | 1.1m $51.6m | Added +22.3k |
| Tredje AP-fonden 0.38% of their portfolio | 1.1m $50.9m | New |
| STIFEL FINANCIAL CORP 0.05% of their portfolio | 1.1m $50.9m | Added +39.8k |
| Vest Financial, LLC 0.64% of their portfolio | 1.1m $50.3m | Added +43.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio | 1.1m $49.8m | Added +763.6k |
| FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND 0.41% of their portfolio | 1.1m $48.9m | Reduced -4.2k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 1.1m $48.5m | Added +47.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 1.0m $47.6m | Reduced -212.1k |
| Ensign Peak Advisors, Inc 0.08% of their portfolio | 1.0m $47.2m | Reduced -299.2k |
| Qube Research & Technologies Ltd 0.07% of their portfolio | 1.0m $46.7m | New |
| AltraVue Capital, LLC 3.79% of their portfolio | 1.0m $46.0m | Unchanged |
| Mariner, LLC 0.05% of their portfolio | 1.0m $45.8m | Reduced -69.1k |
| JOHNSON INVESTMENT COUNSEL INC 0.37% of their portfolio | 988.0k $45.0m | Added +138.4k |
| NATIONAL BANK OF CANADA /FI/ 0.05% of their portfolio | 972.7k $44.3m | Added +99.4k |
| Palo Duro Investment Partners, LP 12.45% of their portfolio | 911.5k $41.5m | Added +314.7k |
| STRS OHIO 0.15% of their portfolio | 903.8k $41.2m | Added +42 |