Bakkt Inc
BKKT
56 hedge funds and large institutions have $27.2M invested in Bakkt Inc in 2024 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 49 closing their positions.
426% more call options, than puts
Call options by funds: $7.22M | Put options by funds: $1.37M
43% more capital invested
Capital invested by funds: $19M → $27.2M (+$8.17M)
21.89% more ownership
Funds ownership: 1.17% → 23.06% (+22%)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
34% less funds holding
Funds holding: 85 → 56 (-29)
57% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$1.87M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.21M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.1M |
| 4 |
Jane Street
New York
|
+$655K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$602K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$3.15M |
| 2 |
BlackRock
New York
|
-$1.74M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$811K |
| 4 |
Goldman Sachs
New York
|
-$707K |
| 5 |
Renaissance Technologies
New York
|
-$625K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Legal & General Group
London,
United Kingdom
| – | -$2.88K | -250 | Closed |
|
|
AIP
102
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$1.96K | -171 | Closed |
|
|
AB
103
Amalgamated Bank
New York
| – | -$1K | -79 | Closed |
|
|
AW
104
Avion Wealth
The Woodlands,
Texas
| – | -$1K | -39 | Closed |
|
|
AWM
105
Avior Wealth Management
Omaha,
Nebraska
| – | -$6 | -1 | Closed |
|
BKKT Hedge Fund Activity: Q2 2024 in Review
56 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Bakkt Inc (BKKT) for Q2 2024, worth a combined $27.2M — up 43% from $19M a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of BKKT and 21 opened new positions — a net loss of 28 holders — while 17 trimmed existing stakes and 16 added.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $1.87M. The largest seller was VanEck Associates, exiting entirely with an estimated $3.15M sold.
- 56 institutional investors held Bakkt Inc (BKKT) as of Q2 2024, down from 85 in Q1 2024.
- Funds reported $27.2M of Bakkt Inc stock for Q2 2024, up 43% quarter-over-quarter.
- 21 funds opened new Bakkt Inc positions in Q2 2024 and 49 closed out, a net change of -28 holders.
- The largest Bakkt Inc buyer in Q2 2024 was Horizon Kinetics Asset Management, an estimated $1.87M added.
- The largest Bakkt Inc seller in Q2 2024 was VanEck Associates, an estimated $3.15M sold.
Based on aggregated 13F filings for Q2 2024.