Bakkt Inc
BKKT
94 hedge funds and large institutions have $157M invested in Bakkt Inc in 2021 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 23 closing their positions.
161% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 23
62% more funds holding
Funds holding: 58 → 94 (+36)
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
33% more call options, than puts
Call options by funds: $58.3M | Put options by funds: $43.8M
18% more capital invested
Capital invested by funds: $133M → $157M (+$23.8M)
1.27% less ownership
Funds ownership: 2.56% → 1.29% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$21.3M |
| 2 |
LCG
Luxor Capital Group
New York
|
+$20.7M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$14.4M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$13.4M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
-$17.5M |
| 2 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$12.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8.37M |
| 4 |
TCM
Tenor Capital Management
New York
|
-$7.52M |
| 5 |
Millennium Management
New York
|
-$5.93M |
BKKT Hedge Fund Activity: Q4 2021 in Review
94 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Bakkt Inc (BKKT) for Q4 2021, worth a combined $157M — up 18% from $133M a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new BKKT positions and 23 closed out — a net gain of 37 holders — while 19 added to existing stakes and 14 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $21.3M. The largest seller was Azora Capital LP, exiting entirely with an estimated $17.5M sold.
- 94 institutional investors held Bakkt Inc (BKKT) as of Q4 2021, up from 58 in Q3 2021.
- Funds reported $157M of Bakkt Inc stock for Q4 2021, up 18% quarter-over-quarter.
- 60 funds opened new Bakkt Inc positions in Q4 2021 and 23 closed out, a net change of +37 holders.
- The largest Bakkt Inc buyer in Q4 2021 was Vanguard Group, an estimated $21.3M added.
- The largest Bakkt Inc seller in Q4 2021 was Azora Capital LP, an estimated $17.5M sold.
Based on aggregated 13F filings for Q4 2021.