JPMorgan Chase & Co. (NYSE: BKR holder) discloses 6.9% Baker Hughes position
Rhea-AI Filing Summary
JPMorgan Chase & Co. filed an amended Schedule 13G reporting its beneficial ownership of Class A common stock of Baker Hughes Company. JPMorgan reports beneficial ownership of 69,128,703 shares, representing 6.9% of the Class A common stock.
Of this amount, JPMorgan has sole voting power over 60,561,427 shares and shared voting power over 834,763 shares. It also has sole dispositive power over 69,017,574 shares and shared dispositive power over 111,034 shares. The filing lists multiple JPMorgan subsidiaries, including J.P. Morgan Securities LLC and JPMorgan Chase Bank, National Association, as entities through which the securities are held.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 69,128,703 shares
Percent of class: 6.9%
Sole voting power: 60,561,427 shares
+3 more
6 metrics
Beneficial ownership
69,128,703 shares
Class A common stock beneficially owned by JPMorgan Chase & Co.
Percent of class
6.9%
Percentage of Baker Hughes Class A common stock owned
Sole voting power
60,561,427 shares
Shares for which JPMorgan has sole power to vote or direct the vote
Shared voting power
834,763 shares
Shares for which JPMorgan has shared power to vote
Sole dispositive power
69,017,574 shares
Shares for which JPMorgan has sole power to dispose or direct disposition
Shared dispositive power
111,034 shares
Shares for which JPMorgan has shared power to dispose
Key Terms
beneficially owned, sole voting power, shared voting power, sole dispositive power, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 69128703"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"sole power to vote or to direct the vote: 60561427"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole Dispositive Power 69,017,574.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Baker Hughes (BKR) is owned by JPMorgan Chase & Co.?
JPMorgan Chase & Co. reports owning 6.9% of Baker Hughes’ Class A common stock. This level of ownership classifies JPMorgan as a significant institutional holder under U.S. securities disclosure rules.
How much voting power does JPMorgan Chase & Co. have in Baker Hughes (BKR)?
JPMorgan reports sole voting power over 60,561,427 shares and shared voting power over 834,763 shares. These figures describe how many Baker Hughes shares JPMorgan can vote or direct the vote for.