STOCK TITAN

JPMorgan affiliates disclose 57.99M-share stake in Baker Hughes (NYSE: BKR)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

JPMorgan Chase & Co. amended a Schedule 13G/A to report beneficial ownership of 57,998,529 shares of Baker Hughes Co Class A common stock, representing 5.8% of the class. The filing lists voting and dispositive powers across JPMorgan affiliates, including 48,417,839 shares with sole voting power and 57,531,508 shares with sole dispositive power.

The amendment names multiple JPMorgan entities that hold or manage the position and is signed by a JPMorgan officer. The filing updates the public record of institutional ownership; no transaction price or acquisition date is stated in the excerpt.

Positive

  • None.

Negative

  • None.

Insights

Large passive position disclosed across JPMorgan entities; governance influence visible.

The filing documents a 5.8% beneficial stake in Baker Hughes held through multiple JPMorgan affiliates, with 48,417,839 shares reported as sole voting power and 57,531,508 shares as sole dispositive power. This mix indicates both voting influence and control over share disposition within the asset manager and custody network.

Impact depends on JPMorgan's voting decisions and mandate constraints. Subsequent public filings or proxy statements may show whether these shares are voted uniformly or under separate mandates.

Multiple affiliate holdings suggest pooled economic exposure, segmented voting authority.

The schedule lists specific affiliates (e.g., J.P. Morgan Trust Company of Delaware, JPMorgan Asset Management entities) as holders or managers. The split between sole and shared voting/dispositive powers may reflect custodial, discretionary, and advisory roles across entities.

For governance effects, monitor proxy disclosures and any future amendments that state changes in voting arrangements or percent ownership.

Beneficial ownership 57,998,529 shares Schedule 13G/A Amendment No.7
Percent of class 5.8% Class A common stock
Sole voting power 48,417,839 shares reported voting power
Shared voting power 686,696 shares reported voting power
Sole dispositive power 57,531,508 shares reported dispositive power
Shared dispositive power 466,876 shares reported dispositive power
Beneficial ownership regulatory
"Amount beneficially owned: 57,998,529"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Sole voting power regulatory
"Sole power to vote or to direct the vote: 48,417,839"
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.
Dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 57,531,508"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13G/A regulatory
"Amendment No. 7 ) Baker Hughes Co Class A Common Stock"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
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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





SCHEDULE 13G



JPMORGAN CHASE & CO
Signature:Rachel Tsvaygoft
Name/Title:Vice President
Date:05/12/2026

FAQ

What stake did JPMorgan report in Baker Hughes (BKR)?

JPMorgan reported beneficial ownership of 57,998,529 shares, equal to 5.8% of Baker Hughes Class A common stock. The filing itemizes voting and dispositive powers across JPMorgan affiliates.

How much voting power does JPMorgan hold in BKR?

The filing lists 48,417,839 shares as sole voting power and 686,696 shares as shared voting power. These figures show how voting rights are allocated among JPMorgan entities.

Who are the JPMorgan affiliates named in the Schedule 13G/A?

Named affiliates include J.P. Morgan Trust Company of Delaware, J.P. Morgan Securities LLC, JPMorgan Asset Management (UK) Limited, and others. The amendment attaches these entities as relevant holders or managers.

Does the filing state when JPMorgan acquired the Baker Hughes shares?

The excerpt does not provide acquisition dates or transaction prices. It updates beneficial ownership and power allocations as reported in the Schedule 13G/A amendment.

Does this Schedule 13G/A indicate JPMorgan seeks control of Baker Hughes?

The filing reports a 5.8% beneficial stake and lists voting/dispositive powers across affiliates. It does not state any intent to acquire control or to change corporate governance in this excerpt.