U.S. Markets open in 4 hrs 13 mins

Institutional Investors’ Recent Activity in Baker Hughes

Ruth King
Institutional Investors’ Recent Activity in Baker Hughes

Capital World Investors, Dodge & Cox, and the Vanguard Group are the top three investors in Baker Hughes (BHGE). The three own 12%, 9.6%, and 9.0%, respectively, of Baker Hughes’ outstanding shares. On November 13, General Electric (GE) announced a secondary offering of 92 million Baker Hughes common shares and a repurchase of 65 million shares from General Electric. On November 19, General Electric bought 9.2 million BHGE common shares.