BlackSky Technology
BKSY
33 hedge funds and large institutions have $171M invested in BlackSky Technology in 2020 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 3 closing their positions.
700% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 3
175% more funds holding
Funds holding: 12 → 33 (+21)
118% more capital invested
Capital invested by funds: $78.1M → $171M (+$92.5M)
3.78% more ownership
Funds ownership: 3.16% → 6.94% (+3.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$22.4M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$12.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.5M |
| 4 |
BGIM
Boussard & Gavaudan Investment Management
London,
United Kingdom
|
+$7.87M |
| 5 |
SRCM
Sage Rock Capital Management
New York
|
+$7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$8.09M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
-$7.31M |
| 3 |
CAC
Cowen and Company
New York
|
-$815K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$488K |
| 5 |
MSU
Mizuho Securities USA
New York
|
-$203K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
26
Dupont Capital Management
Wilmington,
Delaware
| $778K | +$787K | +10,000 | New |
|
|
CS
27
Credit Suisse
Zurich,
Switzerland
| $771K | +$781K | +9,913 | New |
|
28
Capstone Investment Advisors
New York
| $486K | +$492K | +6,250 | New |
|
29
Stifel Financial
St. Louis,
Missouri
| $486K | +$492K | +6,250 | New |
|
|
MSU
30
Mizuho Securities USA
New York
| $149K | -$203K | -2,575 | -57% |
|
|
GI
31
GAMCO Investors
Greenwich,
Connecticut
| $97K | +$98.4K | +1,250 | New |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $35K | +$35.2K | +447 | New |
|
33
Morgan Stanley
New York
| $6K | -$3.31K | -42 | -37% |
|
|
HI
34
HBK Investments
Dallas,
Texas
| – | -$7.31M | -93,750 | Closed |
|
|
CAC
35
Cowen and Company
New York
| – | -$815K | -10,453 | Closed |
|
|
WAM
36
Weiss Asset Management
Boston,
Massachusetts
| – | -$488K | -6,250 | Closed |
|
BKSY Hedge Fund Activity: Q1 2020 in Review
33 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in BlackSky Technology (BKSY) for Q1 2020, worth a combined $171M — up 118% from $78.1M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BKSY positions and 3 closed out — a net gain of 21 holders — while 2 added to existing stakes and 5 trimmed.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $22.4M. The largest seller was HGC Investment Management, cutting an estimated $8.09M.
- 33 institutional investors held BlackSky Technology (BKSY) as of Q1 2020, up from 12 in Q4 2019.
- Funds reported $171M of BlackSky Technology stock for Q1 2020, up 118% quarter-over-quarter.
- 24 funds opened new BlackSky Technology positions in Q1 2020 and 3 closed out, a net change of +21 holders.
- The largest BlackSky Technology buyer in Q1 2020 was Glazer Capital LLC, an estimated $22.4M added.
- The largest BlackSky Technology seller in Q1 2020 was HGC Investment Management, an estimated $8.09M sold.
Based on aggregated 13F filings for Q1 2020.