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Build-A-Bear

185 hedge funds and large institutions have $606M invested in Build-A-Bear in 2025 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 50 increasing their positions, 66 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 23

70% more call options, than puts

Call options by funds: $8.18M | Put options by funds: $4.8M

43% more capital invested

Capital invested by funds: $425M → $606M (+$181M)

12% more funds holding

Funds holding: 165185 (+20)

3.94% more ownership

Funds ownership: 85.09%89.03% (+3.9%)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

24% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 66

Holders
185
Holders Change
+20
Holders Change %
+12.12%
% of All Funds
2.44%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
45
Increased
50
Reduced
66
Closed
23
Calls
$8.18M
Puts
$4.8M
Net Calls
+$3.38M
Net Calls Change
-$2.58M
Name Holding Trade Value Shares
Change
Change in
Stake
BF
101
BOK Financial
Oklahoma
$440K -$121K -2,855 -25%
VA
102
Vident Advisory
Georgia
$437K +$359K +8,475 New
Franklin Resources
103
Franklin Resources
California
$416K +$3.81K +90 +1%
MIM
104
MetLife Investment Management
New Jersey
$399K -$19.3K -455 -6%
CG
105
Cynosure Group
Utah
$399K -$28.4K -672 -8%
CMF
106
Counterpoint Mutual Funds
California
$393K +$323K +7,629 New
Citigroup
107
Citigroup
New York
$389K -$253K -5,986 -44%
Point72 Asset Management
108
Point72 Asset Management
Connecticut
$382K +$313K +7,400 New
VI
109
Versor Investments
New York
$382K +$313K +7,400 New
Rafferty Asset Management
110
Rafferty Asset Management
New York
$376K +$17.5K +414 +6%
CSS
111
Cubist Systematic Strategies
Connecticut
$375K +$308K +7,271 New
SCM
112
Sterling Capital Management
North Carolina
$374K +$720 +17 +0.2%
CAU
113
Caxton Associates (UK)
$370K
Mirae Asset Global ETFs Holdings
114
Mirae Asset Global ETFs Holdings
Hong Kong
$356K -$26.5K -627 -8%
IIM
115
INTECH Investment Management
Florida
$340K -$4.7K -111 -2%
Wells Fargo
116
Wells Fargo
California
$333K +$21.1K +499 +8%
Nisa Investment Advisors
117
Nisa Investment Advisors
Missouri
$301K
GAM
118
Gotham Asset Management
New York
$292K +$239K +5,657 New
SPA
119
Sherbrooke Park Advisers
New York
$281K +$231K +5,453 New
LSA
120
Lion Street Advisors
Texas
$278K
SC
121
Savant Capital
Illinois
$267K +$219K +5,171 New
BP
122
Ballentine Partners
Massachusetts
$263K +$216K +5,100 New
BAM
123
Blueshift Asset Management
New Jersey
$256K +$210K +4,961 New
HWM
124
Hohimer Wealth Management
Washington
$241K -$108K -2,558 -35%
ETC
125
Exchange Traded Concepts
Oklahoma
$238K -$88.9K -2,100 -31%

BBW Hedge Fund Activity: Q2 2025 in Review

185 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Build-A-Bear (BBW) for Q2 2025, worth a combined $606M — up 43% from $425M a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new BBW positions and 23 closed out — a net gain of 22 holders — while 50 added to existing stakes and 66 trimmed.

The largest buyer was Thrivent Financial for Lutherans, adding an estimated $31.2M. The largest seller was AllianceBernstein, cutting an estimated $17.9M.

  • 185 institutional investors held Build-A-Bear (BBW) as of Q2 2025, up from 165 in Q1 2025.
  • Funds reported $606M of Build-A-Bear stock for Q2 2025, up 43% quarter-over-quarter.
  • 45 funds opened new Build-A-Bear positions in Q2 2025 and 23 closed out, a net change of +22 holders.
  • The largest Build-A-Bear buyer in Q2 2025 was Thrivent Financial for Lutherans, an estimated $31.2M added.
  • The largest Build-A-Bear seller in Q2 2025 was AllianceBernstein, an estimated $17.9M sold.

Based on aggregated 13F filings for Q2 2025.