JPMorgan Chase & Co. amended a Schedule 13G/A to report beneficial ownership of 57,998,529 shares of Baker Hughes Company Class A common stock, representing 5.8% of the class. The filing lists sole voting power for 48,417,839 shares and sole dispositive power for 57,531,508 shares.
The amendment identifies multiple JPMorgan subsidiaries as relevant holders, including J.P. Morgan Trust Company of Delaware and J.P. Morgan Securities LLC. The filing is signed by a JPMorgan officer and updates the ownership disclosure for compliance and public transparency.
Positive
None.
Negative
None.
Insights
Large passive stake disclosed: 57,998,529 shares (5.8%).
The amendment reports a 5.8% beneficial position in Baker Hughes Class A shares held across JPMorgan entities. The filing breaks out voting and dispositive powers, showing 48,417,839 shares with sole voting power and 57,531,508 shares with sole dispositive power.
Impact depends on trading intentions and coordination among listed subsidiaries; subsequent Schedule 13 filings would reveal changes in position or intent.
Disclosure clarifies who within JPMorgan holds rights over the shares.
The filing lists specific subsidiaries (for example, J.P. Morgan Trust Company of Delaware, J.P. Morgan Securities LLC), which clarifies internal custody and management roles for these holdings. This is standard for large custodial/investment managers reporting under Section 13.
Governance implications are procedural: the disclosure provides transparency but does not by itself indicate changes in voting policy or control.
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 7)
Baker Hughes Company
(Name of Issuer)
Class A Common Stock, $0.0001 Par Value per Share
(Title of Class of Securities)
05722G100
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
05722G100
1
Names of Reporting Persons
JPMORGAN CHASE & CO.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
48,417,839.00
6
Shared Voting Power
686,696.00
7
Sole Dispositive Power
57,531,508.00
8
Shared Dispositive Power
466,876.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
57,998,529.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.8 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Baker Hughes Company
(b)
Address of issuer's principal executive offices:
575 N. Dairy Ashford Rd. Suite 100 Houston TX 77079-1121
Item 2.
(a)
Name of person filing:
JPMORGAN CHASE & CO.
(b)
Address or principal business office or, if none, residence:
270 Park Avenue,,New York, NY 10017
(c)
Citizenship:
DE
(d)
Title of class of securities:
Class A Common Stock, $0.0001 Par Value per Share
(e)
CUSIP No.:
05722G100
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
57998529
(b)
Percent of class:
5.8 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
48417839
(ii) Shared power to vote or to direct the vote:
686696
(iii) Sole power to dispose or to direct the disposition of:
57531508
(iv) Shared power to dispose or to direct the disposition of:
466876
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
J.P. Morgan Trust Company of Delaware;
J.P. Morgan Securities LLC;
JPMorgan Chase Bank, National Association;
JPMorgan Asset Management (UK) Limited;
J.P. MORGAN SE;
J.P. Morgan (Suisse) SA;
JPMorgan Asset Management Holdings Inc.;
J.P. Morgan Investment Management Inc.;
J.P. Morgan Mansart Management Limited;
JPMorgan Asset Management (Taiwan) Limited;
JPMorgan Asset Management (China) Company Limited;
J.P. Morgan Wealth Management Solutions Inc.;
55I, LLC
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
