BlackSky Technology
BKSY
165 hedge funds and large institutions have $390M invested in BlackSky Technology in 2025 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 53 increasing their positions, 43 reducing their positions, and 26 closing their positions.
62% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 26
23% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 43
17% more call options, than puts
Call options by funds: $23.6M | Put options by funds: $20.1M
8% more funds holding
Funds holding: 153 → 165 (+12)
2.07% less ownership
Funds ownership: 59.76% → 57.69% (-2.1%)
9% less capital invested
Capital invested by funds: $427M → $390M (-$36.9M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$33.7M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
+$17.8M |
| 3 |
State Street
Boston,
Massachusetts
|
+$7.87M |
| 4 |
Mitsubishi UFJ Asset Management
Tokyo,
Japan
|
+$7.76M |
| 5 |
VanEck Associates
New York
|
+$4.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$26.6M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$7.85M |
| 3 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$7.37M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
-$6.08M |
| 5 |
JP Morgan Chase
New York
|
-$5.18M |
BKSY Hedge Fund Activity: Q4 2025 in Review
165 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in BlackSky Technology (BKSY) for Q4 2025, worth a combined $390M — down 8.6% from $427M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new BKSY positions and 26 closed out — a net gain of 16 holders — while 53 added to existing stakes and 43 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $33.7M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $26.6M sold.
- 165 institutional investors held BlackSky Technology (BKSY) as of Q4 2025, up from 153 in Q3 2025.
- Funds reported $390M of BlackSky Technology stock for Q4 2025, down 8.6% quarter-over-quarter.
- 42 funds opened new BlackSky Technology positions in Q4 2025 and 26 closed out, a net change of +16 holders.
- The largest BlackSky Technology buyer in Q4 2025 was Bank of New York Mellon, an estimated $33.7M added.
- The largest BlackSky Technology seller in Q4 2025 was Driehaus Capital Management, an estimated $26.6M sold.
Based on aggregated 13F filings for Q4 2025.