BigBear.ai
BBAI
230 hedge funds and large institutions have $247M invested in BigBear.ai in 2025 Q1 according to their latest regulatory filings, with 105 funds opening new positions, 73 increasing their positions, 35 reducing their positions, and 18 closing their positions.
483% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 18
109% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 35
61% more funds holding
Funds holding: 143 → 230 (+87)
8% more call options, than puts
Call options by funds: $37.8M | Put options by funds: $35M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11.76% less ownership
Funds ownership: 41.65% → 29.89% (-12%)
44% less capital inflows, than outflows
Capital inflows: $107M | Capital outflows: $192M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$10.6M |
| 2 |
Goldman Sachs
New York
|
+$9.48M |
| 3 |
Renaissance Technologies
New York
|
+$7.68M |
| 4 |
Two Sigma Investments
New York
|
+$7.66M |
| 5 |
State Street
Boston,
Massachusetts
|
+$6.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AE Industrial Partners
Boca Raton,
Florida
|
-$174M |
| 2 |
TFG Asset Management
Grand Cayman,
Cayman Islands
|
-$4M |
| 3 |
Soviero Asset Management
New York
|
-$3.25M |
| 4 |
Jane Street
New York
|
-$2.4M |
| 5 |
BlackRock
New York
|
-$2.21M |
BBAI Hedge Fund Activity: Q1 2025 in Review
230 of the 7,488 institutional investors tracked by Wall St. Rank reported a position in BigBear.ai (BBAI) for Q1 2025, worth a combined $247M — down 47% from $464M a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new BBAI positions and 18 closed out — a net gain of 87 holders — while 73 added to existing stakes and 35 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $10.6M. The largest seller was AE Industrial Partners, cutting an estimated $174M.
- 230 institutional investors held BigBear.ai (BBAI) as of Q1 2025, up from 143 in Q4 2024.
- Funds reported $247M of BigBear.ai stock for Q1 2025, down 47% quarter-over-quarter.
- 105 funds opened new BigBear.ai positions in Q1 2025 and 18 closed out, a net change of +87 holders.
- The largest BigBear.ai buyer in Q1 2025 was BNP Paribas Financial Markets, an estimated $10.6M added.
- The largest BigBear.ai seller in Q1 2025 was AE Industrial Partners, an estimated $174M sold.
Based on aggregated 13F filings for Q1 2025.