BlackSky Technology
BKSY
55 hedge funds and large institutions have $223M invested in BlackSky Technology in 2020 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 6 closing their positions.
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
25% more funds holding
Funds holding: 44 → 55 (+11)
12% more capital invested
Capital invested by funds: $198M → $223M (+$24.5M)
1% less ownership
Funds ownership: 8.15% → 7.15% (-1%)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$7.47M |
| 2 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
+$5.05M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$5.05M |
| 4 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
+$4.52M |
| 5 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
+$4.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$12.7M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$7.55M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
-$4.04M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.53M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
51
Panagora Asset Management
Boston,
Massachusetts
| $70K | +$69.2K | +856 | New |
|
52
Russell Investments Group
London,
United Kingdom
| $30K | -$28.3K | -350 | -48% |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $14K | -$13.7K | -169 | -50% |
|
54
Millennium Management
New York
| $7.64K | – | – | – |
|
55
Morgan Stanley
New York
| $1K | +$727 | +9 | New |
|
|
HIM
56
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$12.7M | -158,150 | Closed |
|
|
KIM
57
Karpus Investment Management
Pittsford,
New York
| – | -$2.53M | -31,459 | Closed |
|
|
NAM
58
Nexpoint Asset Management
Dallas,
Texas
| – | -$604K | -7,519 | Closed |
|
59
Stifel Financial
St. Louis,
Missouri
| – | -$502K | -6,250 | Closed |
|
60
HighTower Advisors
Chicago,
Illinois
| – | -$119K | -1,491 | Closed |
|
61
UBS Group
Zurich,
Switzerland
| – | -$7K | -84 | Closed |
|
BKSY Hedge Fund Activity: Q3 2020 in Review
55 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BlackSky Technology (BKSY) for Q3 2020, worth a combined $223M — up 12% from $198M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BKSY positions and 6 closed out — a net gain of 11 holders — while 8 added to existing stakes and 11 trimmed.
The largest buyer was Glazer Capital LLC, adding an estimated $7.47M. The largest seller was HGC Investment Management, exiting entirely with an estimated $12.7M sold.
- 55 institutional investors held BlackSky Technology (BKSY) as of Q3 2020, up from 44 in Q2 2020.
- Funds reported $223M of BlackSky Technology stock for Q3 2020, up 12% quarter-over-quarter.
- 17 funds opened new BlackSky Technology positions in Q3 2020 and 6 closed out, a net change of +11 holders.
- The largest BlackSky Technology buyer in Q3 2020 was Glazer Capital LLC, an estimated $7.47M added.
- The largest BlackSky Technology seller in Q3 2020 was HGC Investment Management, an estimated $12.7M sold.
Based on aggregated 13F filings for Q3 2020.