Bakkt Inc
BKKT
82 hedge funds and large institutions have $41.6M invested in Bakkt Inc in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 26 reducing their positions, and 13 closing their positions.
41% more call options, than puts
Call options by funds: $2.04M | Put options by funds: $1.46M
12% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 26
0.01% less ownership
Funds ownership: 1.28% → 1.27% (-0.01%)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1% less funds holding
Funds holding: 83 → 82 (-1)
36% less capital invested
Capital invested by funds: $64.7M → $41.6M (-$23M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
SRN Advisors
Huntingdon Valley,
Pennsylvania
|
+$1.28M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.27M |
| 3 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
+$1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$874K |
| 5 |
VanEck Associates
New York
|
+$830K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.72M |
| 2 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$1.11M |
| 3 |
Morgan Stanley
New York
|
-$999K |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$743K |
| 5 |
CCP
Corbin Capital Partners
New York
|
-$452K |
BKKT Hedge Fund Activity: Q1 2023 in Review
82 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Bakkt Inc (BKKT) for Q1 2023, worth a combined $41.6M — down 36% from $64.7M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BKKT and 12 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 29 added.
The largest buyer was SRN Advisors, opening a new position worth an estimated $1.28M. The largest seller was Vanguard Group, cutting an estimated $1.72M.
- 82 institutional investors held Bakkt Inc (BKKT) as of Q1 2023, down from 83 in Q4 2022.
- Funds reported $41.6M of Bakkt Inc stock for Q1 2023, down 36% quarter-over-quarter.
- 12 funds opened new Bakkt Inc positions in Q1 2023 and 13 closed out, a net change of -1 holder.
- The largest Bakkt Inc buyer in Q1 2023 was SRN Advisors, an estimated $1.28M added.
- The largest Bakkt Inc seller in Q1 2023 was Vanguard Group, an estimated $1.72M sold.
Based on aggregated 13F filings for Q1 2023.