BlackSky Technology
BKSY
61 hedge funds and large institutions have $117M invested in BlackSky Technology in 2021 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 7 increasing their positions, 21 reducing their positions, and 37 closing their positions.
3.77% less ownership
Funds ownership: 8.26% → 4.49% (-3.8%)
9% less funds holding
Funds holding: 67 → 61 (-6)
16% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 37
57% less capital invested
Capital invested by funds: $273M → $117M (-$156M)
67% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 21
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
+$19.1M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$18.7M |
| 3 |
AWG
Alpha Wave Global
New York
|
+$9.63M |
| 4 |
LA
Linden Advisors
New York
|
+$8.29M |
| 5 |
WHP
Washington Harbour Partners
Arlington,
Virginia
|
+$7.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$34.9M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$21M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$16.5M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$14.1M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$10.2M |
BKSY Hedge Fund Activity: Q1 2021 in Review
61 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in BlackSky Technology (BKSY) for Q1 2021, worth a combined $117M — down 57% from $273M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of BKSY and 31 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 7 added.
The largest buyer was Soroban Capital Partners, opening a new position worth an estimated $19.1M. The largest seller was Glazer Capital LLC, cutting an estimated $34.9M.
- 61 institutional investors held BlackSky Technology (BKSY) as of Q1 2021, down from 67 in Q4 2020.
- Funds reported $117M of BlackSky Technology stock for Q1 2021, down 57% quarter-over-quarter.
- 31 funds opened new BlackSky Technology positions in Q1 2021 and 37 closed out, a net change of -6 holders.
- The largest BlackSky Technology buyer in Q1 2021 was Soroban Capital Partners, an estimated $19.1M added.
- The largest BlackSky Technology seller in Q1 2021 was Glazer Capital LLC, an estimated $34.9M sold.
Based on aggregated 13F filings for Q1 2021.