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First Trust Grows Baker Hughes Stake 4%
First Trust Advisors LP actively adjusted its holdings across multiple blue-chip names in Q1, boosting stakes in Baker Hughes, United Parcel Service, Analog Devices, and Chevron while trimming eBay by about 28.6%. The moves reflect a broad portfolio tilt toward energy and industrials with notable new or enlarged positions and a sizable Chevron stake valued around $885 million.
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Analog Devices, Inc. (ADI), also known simply as Analog, is an American multinational semiconductor company specializing in data conversion, signal processing, and power management technology, headquartered in Wilmington, Massachusetts.

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