Build-A-Bear
BBW
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.
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: 161 → 165 (+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: 7 → 6 (-1)
18% less capital invested
Capital invested by funds: $520M → $425M (-$94.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Squarepoint
New York
|
+$4.52M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$4.04M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$3.82M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$3.53M |
| 5 |
Morgan Stanley
New York
|
+$3.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$6.99M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$6.47M |
| 3 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
-$5.63M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.01M |
| 5 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$4.34M |
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.