Bakkt Inc
BKKT
99 hedge funds and large institutions have $68.6M invested in Bakkt Inc in 2023 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 43 increasing their positions, 16 reducing their positions, and 10 closing their positions.
470% more call options, than puts
Call options by funds: $6.83M | Put options by funds: $1.2M
169% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 16
160% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 10
95% more capital invested
Capital invested by funds: $35.2M → $68.6M (+$33.4M)
19% more funds holding
Funds holding: 83 → 99 (+16)
0.03% more ownership
Funds ownership: 1.32% → 1.35% (+0.03%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.31M |
| 2 |
VanEck Associates
New York
|
+$1.3M |
| 3 |
Renaissance Technologies
New York
|
+$916K |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$864K |
| 5 |
BlackRock
New York
|
+$811K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$8.35M |
| 2 |
Bank of New York Mellon
New York
|
-$589K |
| 3 |
LPL Financial
San Diego,
California
|
-$537K |
| 4 |
State Street
Boston,
Massachusetts
|
-$188K |
| 5 |
VA
Vident Advisory
Alpharetta,
Georgia
|
-$166K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Group One Trading
Chicago,
Illinois
| – | -$46.6K | -1,345 | Closed |
|
|
CSS
102
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$24.4K | -834 | Closed |
|
|
AWA
103
Arete Wealth Advisors
Chicago,
Illinois
| – | -$19.9K | -680 | Closed |
|
|
ICM
104
Ionic Capital Management
New York
| – | -$23.2K | -670 | Closed |
|
105
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$15.9K | -543 | Closed |
|
|
PMEF
106
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$12.8K | -436 | Closed |
|
107
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$222 | -8 | Closed |
|
108
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$15 | -1 | Closed |
|
BKKT Hedge Fund Activity: Q4 2023 in Review
99 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Bakkt Inc (BKKT) for Q4 2023, worth a combined $68.6M — up 95% from $35.2M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BKKT positions and 10 closed out — a net gain of 16 holders — while 43 added to existing stakes and 16 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.31M. The largest seller was PEAK6 Investments, cutting an estimated $8.35M.
- 99 institutional investors held Bakkt Inc (BKKT) as of Q4 2023, up from 83 in Q3 2023.
- Funds reported $68.6M of Bakkt Inc stock for Q4 2023, up 95% quarter-over-quarter.
- 26 funds opened new Bakkt Inc positions in Q4 2023 and 10 closed out, a net change of +16 holders.
- The largest Bakkt Inc buyer in Q4 2023 was Susquehanna International Group, an estimated $1.31M added.
- The largest Bakkt Inc seller in Q4 2023 was PEAK6 Investments, an estimated $8.35M sold.
Based on aggregated 13F filings for Q4 2023.