Bakkt Inc
BKKT
83 hedge funds and large institutions have $64.7M invested in Bakkt Inc in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 19 reducing their positions, and 21 closing their positions.
88% more call options, than puts
Call options by funds: $3.31M | Put options by funds: $1.76M
79% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 19
25% more capital invested
Capital invested by funds: $51.7M → $64.7M (+$12.9M)
0.09% more ownership
Funds ownership: 1.19% → 1.28% (+0.09%)
13% less funds holding
Funds holding: 95 → 83 (-12)
43% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$1.54M |
| 2 |
BlackRock
New York
|
+$1M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$829K |
| 4 |
State Street
Boston,
Massachusetts
|
+$635K |
| 5 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$424K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
SRN Advisors
Huntingdon Valley,
Pennsylvania
|
-$1.43M |
| 2 |
MCP
Maso Capital Partners
Hong Kong
|
-$769K |
| 3 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$316K |
| 4 |
CCP
Corbin Capital Partners
New York
|
-$313K |
| 5 |
GIM
Guild Investment Management
Los Angeles,
California
|
-$295K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$26K | -462 | Closed |
|
|
PHK
102
Point72 Hong Kong
Hong Kong
| – | -$5K | -93 | Closed |
|
103
Lazard Asset Management
New York
| – | +$93 | +2 | +17% |
|
BKKT Hedge Fund Activity: Q4 2022 in Review
83 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Bakkt Inc (BKKT) for Q4 2022, worth a combined $64.7M — up 25% from $51.7M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of BKKT and 12 opened new positions — a net loss of 9 holders — while 19 trimmed existing stakes and 34 added.
The largest buyer was HBK Sorce Advisory, adding an estimated $1.54M. The largest seller was SRN Advisors, exiting entirely with an estimated $1.43M sold.
- 83 institutional investors held Bakkt Inc (BKKT) as of Q4 2022, down from 95 in Q3 2022.
- Funds reported $64.7M of Bakkt Inc stock for Q4 2022, up 25% quarter-over-quarter.
- 12 funds opened new Bakkt Inc positions in Q4 2022 and 21 closed out, a net change of -9 holders.
- The largest Bakkt Inc buyer in Q4 2022 was HBK Sorce Advisory, an estimated $1.54M added.
- The largest Bakkt Inc seller in Q4 2022 was SRN Advisors, an estimated $1.43M sold.
Based on aggregated 13F filings for Q4 2022.