BigBear.ai
BBAI
63 hedge funds and large institutions have $40M invested in BigBear.ai in 2023 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 16 increasing their positions, 6 reducing their positions, and 17 closing their positions.
219% more capital invested
Capital invested by funds: $12.6M → $40M (+$27.4M)
167% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 6
106% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 17
40% more funds holding
Funds holding: 45 → 63 (+18)
7.35% more ownership
Funds ownership: 3.65% → 10.99% (+7.3%)
40% less call options, than puts
Call options by funds: $4.5M | Put options by funds: $7.47M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
+$19M |
| 2 |
BlackRock
New York
|
+$5.24M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.18M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.18M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$824K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$381K |
| 2 |
CA
Corriente Advisors
Fort Worth,
Texas
|
-$305K |
| 3 |
Vontobel Holding
Zurich,
Switzerland
|
-$227K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$182K |
| 5 |
GWP
Gateway Wealth Partners
Appleton,
Wisconsin
|
-$162K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSS
76
Two Sigma Securities
New York
| – | -$26.3K | -10,764 | Closed |
|
|
JFG
77
Jefferies Financial Group
New York
| – | -$24.4K | -10,000 | Closed |
|
|
BAM
78
Byrne Asset Management
Kingston,
New Jersey
| – | -$13K | -5,200 | Closed |
|
79
Belvedere Trading
Chicago,
Illinois
| – | -$1.69K | -668 | Closed |
|
|
BAM
80
Belpointe Asset Management
Reno,
Nevada
| – | -$244 | -100 | Closed |
|
BBAI Hedge Fund Activity: Q2 2023 in Review
63 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BigBear.ai (BBAI) for Q2 2023, worth a combined $40M — up 219% from $12.6M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new BBAI positions and 17 closed out — a net gain of 18 holders — while 16 added to existing stakes and 6 trimmed.
The largest buyer was Armistice Capital, opening a new position worth an estimated $19M. The largest seller was Virtu Financial, cutting an estimated $381K.
- 63 institutional investors held BigBear.ai (BBAI) as of Q2 2023, up from 45 in Q1 2023.
- Funds reported $40M of BigBear.ai stock for Q2 2023, up 219% quarter-over-quarter.
- 35 funds opened new BigBear.ai positions in Q2 2023 and 17 closed out, a net change of +18 holders.
- The largest BigBear.ai buyer in Q2 2023 was Armistice Capital, an estimated $19M added.
- The largest BigBear.ai seller in Q2 2023 was Virtu Financial, an estimated $381K sold.
Based on aggregated 13F filings for Q2 2023.