Bakkt Inc
BKKT
94 hedge funds and large institutions have $186M invested in Bakkt Inc in 2025 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 30 increasing their positions, 7 reducing their positions, and 7 closing their positions.
656% more capital invested
Capital invested by funds: $24.6M → $186M (+$161M)
613% more call options, than puts
Call options by funds: $94.6M | Put options by funds: $13.3M
500% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 7
329% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 7
59% more funds holding
Funds holding: 59 → 94 (+35)
53.83% more ownership
Funds ownership: 25.25% → 79.08% (+54%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$11.2M |
| 2 |
BlackRock
New York
|
+$7.18M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.66M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.19M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$4.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$1.02M |
| 2 |
Group One Trading
Chicago,
Illinois
|
-$211K |
| 3 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$92.9K |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$82.6K |
| 5 |
HT
Headlands Technologies
Chicago,
Illinois
|
-$70.5K |
BKKT Hedge Fund Activity: Q3 2025 in Review
94 of the 7,645 institutional investors tracked by Wall St. Rank reported a position in Bakkt Inc (BKKT) for Q3 2025, worth a combined $186M — up 656% from $24.6M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new BKKT positions and 7 closed out — a net gain of 35 holders — while 30 added to existing stakes and 7 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $11.2M. The largest seller was Nuveen, cutting an estimated $1.02M.
- 94 institutional investors held Bakkt Inc (BKKT) as of Q3 2025, up from 59 in Q2 2025.
- Funds reported $186M of Bakkt Inc stock for Q3 2025, up 656% quarter-over-quarter.
- 42 funds opened new Bakkt Inc positions in Q3 2025 and 7 closed out, a net change of +35 holders.
- The largest Bakkt Inc buyer in Q3 2025 was Weiss Asset Management, an estimated $11.2M added.
- The largest Bakkt Inc seller in Q3 2025 was Nuveen, an estimated $1.02M sold.
Based on aggregated 13F filings for Q3 2025.