Bakkt Inc
BKKT
56 hedge funds and large institutions have $140M invested in Bakkt Inc in 2021 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 17 closing their positions.
1,268% more call options, than puts
Call options by funds: $27M | Put options by funds: $1.97M
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
8% more funds holding
Funds holding: 52 → 56 (+4)
0.02% more ownership
Funds ownership: 2.69% → 2.71% (+0.02%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
22% less capital invested
Capital invested by funds: $181M → $140M (-$40.6M)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.1M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$4.03M |
| 3 |
AMH
Apollo Management Holdings
New York
|
+$2.5M |
| 4 |
TAL
TIG Advisors LLC
New York
|
+$2.28M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGM
Miura Global Management
New York
|
-$10M |
| 2 |
SC
Sculptor Capital
New York
|
-$6.41M |
| 3 |
Neuberger Berman Group
New York
|
-$2.89M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$1.36M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$1.05M |
BKKT Hedge Fund Activity: Q2 2021 in Review
56 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Bakkt Inc (BKKT) for Q2 2021, worth a combined $140M — down 22% from $181M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BKKT positions and 17 closed out — a net gain of 4 holders — while 11 added to existing stakes and 16 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $4.1M. The largest seller was Miura Global Management, exiting entirely with an estimated $10M sold.
- 56 institutional investors held Bakkt Inc (BKKT) as of Q2 2021, up from 52 in Q1 2021.
- Funds reported $140M of Bakkt Inc stock for Q2 2021, down 22% quarter-over-quarter.
- 21 funds opened new Bakkt Inc positions in Q2 2021 and 17 closed out, a net change of +4 holders.
- The largest Bakkt Inc buyer in Q2 2021 was Susquehanna International Group, an estimated $4.1M added.
- The largest Bakkt Inc seller in Q2 2021 was Miura Global Management, an estimated $10M sold.
Based on aggregated 13F filings for Q2 2021.