Bakkt Inc
BKKT
58 hedge funds and large institutions have $133M invested in Bakkt Inc in 2021 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 16 closing their positions.
488% more call options, than puts
Call options by funds: $54.8M | Put options by funds: $9.31M
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
4% more funds holding
Funds holding: 56 → 58 (+2)
0.14% less ownership
Funds ownership: 2.71% → 2.56% (-0.14%)
5% less capital invested
Capital invested by funds: $140M → $133M (-$7.14M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
+$17.4M |
| 2 |
TCM
Tenor Capital Management
New York
|
+$7.46M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.26M |
| 4 |
Millennium Management
New York
|
+$3.68M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$2.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
-$27M |
| 2 |
CCP
Corbin Capital Partners
New York
|
-$10M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.41M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$5.06M |
| 5 |
SA
SRN Advisors
Huntingdon Valley,
Pennsylvania
|
-$4.12M |
BKKT Hedge Fund Activity: Q3 2021 in Review
58 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Bakkt Inc (BKKT) for Q3 2021, worth a combined $133M — down 5.1% from $140M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BKKT positions and 16 closed out — a net gain of 2 holders — while 18 added to existing stakes and 14 trimmed.
The largest buyer was Azora Capital LP, opening a new position worth an estimated $17.4M. The largest seller was Alpine Global Management, cutting an estimated $27M.
- 58 institutional investors held Bakkt Inc (BKKT) as of Q3 2021, up from 56 in Q2 2021.
- Funds reported $133M of Bakkt Inc stock for Q3 2021, down 5.1% quarter-over-quarter.
- 18 funds opened new Bakkt Inc positions in Q3 2021 and 16 closed out, a net change of +2 holders.
- The largest Bakkt Inc buyer in Q3 2021 was Azora Capital LP, an estimated $17.4M added.
- The largest Bakkt Inc seller in Q3 2021 was Alpine Global Management, an estimated $27M sold.
Based on aggregated 13F filings for Q3 2021.