Bakkt Inc
BKKT
83 hedge funds and large institutions have $35.2M invested in Bakkt Inc in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 21 reducing their positions, and 10 closing their positions.
172% more call options, than puts
Call options by funds: $1.85M | Put options by funds: $681K
48% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 21
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
26% more capital invested
Capital invested by funds: $28M → $35.2M (+$7.23M)
4% more funds holding
Funds holding: 80 → 83 (+3)
0.3% more ownership
Funds ownership: 1.02% → 1.32% (+0.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PEAK6 Investments
Chicago,
Illinois
|
+$8.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$650K |
| 3 |
VanEck Associates
New York
|
+$419K |
| 4 |
Renaissance Technologies
New York
|
+$310K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$214K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$201K |
| 2 |
VF
Virtu Financial
New York
|
-$119K |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$106K |
| 4 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$87.6K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$73.1K |
BKKT Hedge Fund Activity: Q3 2023 in Review
83 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Bakkt Inc (BKKT) for Q3 2023, worth a combined $35.2M — up 26% from $28M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BKKT positions and 10 closed out — a net gain of 3 holders — while 31 added to existing stakes and 21 trimmed.
The largest buyer was PEAK6 Investments, opening a new position worth an estimated $8.7M. The largest seller was BlackRock, cutting an estimated $201K.
- 83 institutional investors held Bakkt Inc (BKKT) as of Q3 2023, up from 80 in Q2 2023.
- Funds reported $35.2M of Bakkt Inc stock for Q3 2023, up 26% quarter-over-quarter.
- 13 funds opened new Bakkt Inc positions in Q3 2023 and 10 closed out, a net change of +3 holders.
- The largest Bakkt Inc buyer in Q3 2023 was PEAK6 Investments, an estimated $8.7M added.
- The largest Bakkt Inc seller in Q3 2023 was BlackRock, an estimated $201K sold.
Based on aggregated 13F filings for Q3 2023.