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BigBear.ai

268 hedge funds and large institutions have $851M invested in BigBear.ai in 2025 Q2 according to their latest regulatory filings, with 74 funds opening new positions, 124 increasing their positions, 35 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

254% more repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 35

245% more capital invested

Capital invested by funds: $247M → $851M (+$604M)

139% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 31

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

18% more funds holding

Funds holding: 227268 (+41)

16% more call options, than puts

Call options by funds: $121M | Put options by funds: $105M

13.19% more ownership

Funds ownership: 29.88%43.07% (+13%)

Holders
268
Holders Change
+41
Holders Change %
+18.06%
% of All Funds
3.53%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
74
Increased
124
Reduced
35
Closed
31
Calls
$121M
Puts
$105M
Net Calls
+$16.6M
Net Calls Change
+$13.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$141M +$52.4M +14,488,375 +229%
BlackRock
2
BlackRock
New York
$137M +$43.8M +12,107,360 +151%
Citadel Advisors
3
Citadel Advisors
Florida
$43.5M +$18.7M +5,177,098 +420%
State Street
4
State Street
Massachusetts
$42.5M +$9.88M +2,733,482 +77%
Renaissance Technologies
5
Renaissance Technologies
New York
$37.7M +$14.2M +3,933,500 +244%
JF
6
Jump Financial
Illinois
$37.4M +$19.9M +5,509,104 New
Geode Capital Management
7
Geode Capital Management
Massachusetts
$34.5M +$10.2M +2,820,698 +125%
Millennium Management
8
Millennium Management
New York
$22.6M +$1.54M +425,515 +15%
Goldman Sachs
9
Goldman Sachs
New York
$21.4M +$2.94M +812,522 +35%
JP Morgan Chase
10
JP Morgan Chase
New York
$16.3M +$8.41M +2,326,883 +3,253%
HF
11
HRT Financial
New York
$15.5M +$4.17M +1,154,219 +102%
Northern Trust
12
Northern Trust
Illinois
$14.8M +$4.6M +1,273,065 +141%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$14.7M +$1.24M +343,465 +19%
Mirae Asset Global ETFs Holdings
14
Mirae Asset Global ETFs Holdings
Hong Kong
$13.9M +$5.73M +1,584,783 +347%
HT
15
Headlands Technologies
Illinois
$13.3M +$4.81M +1,330,729 +211%
Two Sigma Investments
16
Two Sigma Investments
New York
$12.5M +$804K +222,316 +14%
Morgan Stanley
17
Morgan Stanley
New York
$11.6M -$485K -134,263 -7%
Group One Trading
18
Group One Trading
Illinois
$10.8M +$713K +197,182 +14%
CAPTRUST Financial Advisors
19
CAPTRUST Financial Advisors
North Carolina
$10.2M +$3.17M +877,685 +139%
Mercer Global Advisors
20
Mercer Global Advisors
Colorado
$10.2M +$5.37M +1,486,838 +8,260%
Squarepoint
21
Squarepoint
New York
$9.16M +$2.5M +691,227 +105%
EWM
22
Elevatus Welath Management
New York
$8.69M +$4.62M +1,279,205 New
UBS Group
23
UBS Group
Switzerland
$8.01M -$10.5M -2,900,065 -71%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$7.94M +$4.11M +1,136,610 +3,502%
Jane Street
25
Jane Street
New York
$6.67M +$3.32M +919,425 +1,446%

BBAI Hedge Fund Activity: Q2 2025 in Review

268 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in BigBear.ai (BBAI) for Q2 2025, worth a combined $851M — up 245% from $247M a quarter earlier.

Buyers outnumbered sellers: 74 funds opened new BBAI positions and 31 closed out — a net gain of 43 holders — while 124 added to existing stakes and 35 trimmed.

The largest buyer was Vanguard Group, adding an estimated $52.4M. The largest seller was AE Industrial Partners, exiting entirely with an estimated $78.5M sold.

  • 268 institutional investors held BigBear.ai (BBAI) as of Q2 2025, up from 227 in Q1 2025.
  • Funds reported $851M of BigBear.ai stock for Q2 2025, up 245% quarter-over-quarter.
  • 74 funds opened new BigBear.ai positions in Q2 2025 and 31 closed out, a net change of +43 holders.
  • The largest BigBear.ai buyer in Q2 2025 was Vanguard Group, an estimated $52.4M added.
  • The largest BigBear.ai seller in Q2 2025 was AE Industrial Partners, an estimated $78.5M sold.

Based on aggregated 13F filings for Q2 2025.