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Build-A-Bear

165 hedge funds and large institutions have $425M invested in Build-A-Bear in 2025 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 54 increasing their positions, 50 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

570% more call options, than puts

Call options by funds: $7M | Put options by funds: $1.04M

17% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 24

2% more funds holding

Funds holding: 161165 (+4)

1.07% more ownership

Funds ownership: 84.02%85.09% (+1.1%)

8% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 50

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

18% less capital invested

Capital invested by funds: $520M → $425M (-$94.7M)

Holders
165
Holders Change
+4
Holders Change %
+2.48%
% of All Funds
2.21%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.08%
New
28
Increased
54
Reduced
50
Closed
24
Calls
$7M
Puts
$1.04M
Net Calls
+$5.95M
Net Calls Change
+$23.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Citadel Advisors
126
Citadel Advisors
Florida
$45.5K -$1.37M -34,420 -97%
New York State Teachers Retirement System (NYSTRS)
127
New York State Teachers Retirement System (NYSTRS)
New York
$43K
AIP
128
Ameritas Investment Partners
Nebraska
$39.5K
QCG
129
Quadrant Capital Group
Ohio
$36.8K -$1.23K -31 -3%
California State Teachers Retirement System (CalSTRS)
130
California State Teachers Retirement System (CalSTRS)
California
$33.9K
A
131
AlphaQuest
New York
$30.3K +$16.7K +419 +106%
QL
132
Quarry LP
New York
$27.9K +$29.9K +751 New
AB
133
Amalgamated Bank
New York
$18K
W
134
WealthCollab
Washington
$15.5K +$398 +10 +2%
PSFG
135
Park Square Financial Group
Georgia
$14.9K +$15.9K +400 New
Carson Wealth (CWM LLC)
136
Carson Wealth (CWM LLC)
Nebraska
$14K -$1.59K -40 -10%
CCM
137
Coldstream Capital Management
Washington
$11.8K +$12.6K +317 New
ME
138
McIlrath & Eck
Washington
$9.81K
C
139
Covestor
United Kingdom
$8K -$1.35K -34 -13%
ST
140
Smithfield Trust
Pennsylvania
$8K
SS
141
SBI Securities
Japan
$7.58K +$4.21K +106 +108%
PNC Financial Services Group
142
PNC Financial Services Group
Pennsylvania
$6.43K
HCA
143
Harbor Capital Advisors
Illinois
$6K +$1.71K +43 +38%
HI
144
Harbour Investments
Wisconsin
$5.8K +$2.58K +65 +71%
VCM
145
Versant Capital Management
Arizona
$5.61K +$358 +9 +6%
GI
146
GAMMA Investing
California
$4.46K -$358 -9 -7%
HIA
147
Harbor Investment Advisory
Maryland
$4.46K
PFBT
148
Parkside Financial Bank & Trust
Missouri
$3.81K +$40 +1 +1%
AS
149
Altshuler Shaham
Israel
$3.46K -$676 -17 -15%
Comerica Bank
150
Comerica Bank
Texas
$3.46K

BBW Hedge Fund Activity: Q1 2025 in Review

165 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Build-A-Bear (BBW) for Q1 2025, worth a combined $425M — down 18% from $520M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new BBW positions and 24 closed out — a net gain of 4 holders — while 54 added to existing stakes and 50 trimmed.

The largest buyer was Squarepoint, adding an estimated $4.52M. The largest seller was Goldman Sachs, cutting an estimated $6.99M.

  • 165 institutional investors held Build-A-Bear (BBW) as of Q1 2025, up from 161 in Q4 2024.
  • Funds reported $425M of Build-A-Bear stock for Q1 2025, down 18% quarter-over-quarter.
  • 28 funds opened new Build-A-Bear positions in Q1 2025 and 24 closed out, a net change of +4 holders.
  • The largest Build-A-Bear buyer in Q1 2025 was Squarepoint, an estimated $4.52M added.
  • The largest Build-A-Bear seller in Q1 2025 was Goldman Sachs, an estimated $6.99M sold.

Based on aggregated 13F filings for Q1 2025.