Bakkt Inc
BKKT
52 hedge funds and large institutions have $181M invested in Bakkt Inc in 2021 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 19 closing their positions.
1,027% more call options, than puts
Call options by funds: $30.8M | Put options by funds: $2.73M
176% more capital invested
Capital invested by funds: $65.7M → $181M (+$115M)
147% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 19
117% more funds holding
Funds holding: 24 → 52 (+28)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
1.43% more ownership
Funds ownership: 1.26% → 2.69% (+1.4%)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$53.9M |
| 2 |
AGM
Alpine Global Management
New York
|
+$42M |
| 3 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$14.7M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$12.9M |
| 5 |
MGM
Miura Global Management
New York
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$12.2M |
| 2 |
Millennium Management
New York
|
-$11.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$7.15M |
| 4 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$4.54M |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$4.36M |
BKKT Hedge Fund Activity: Q1 2021 in Review
52 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Bakkt Inc (BKKT) for Q1 2021, worth a combined $181M — up 176% from $65.7M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new BKKT positions and 19 closed out — a net gain of 28 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $53.9M. The largest seller was Empyrean Capital Partners, exiting entirely with an estimated $12.2M sold.
- 52 institutional investors held Bakkt Inc (BKKT) as of Q1 2021, up from 24 in Q4 2020.
- Funds reported $181M of Bakkt Inc stock for Q1 2021, up 176% quarter-over-quarter.
- 47 funds opened new Bakkt Inc positions in Q1 2021 and 19 closed out, a net change of +28 holders.
- The largest Bakkt Inc buyer in Q1 2021 was Invesco, an estimated $53.9M added.
- The largest Bakkt Inc seller in Q1 2021 was Empyrean Capital Partners, an estimated $12.2M sold.
Based on aggregated 13F filings for Q1 2021.