Ballard Power Systems
BLDP
132 hedge funds and large institutions have $120M invested in Ballard Power Systems in 2025 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 45 increasing their positions, 44 reducing their positions, and 27 closing their positions.
89% more capital invested
Capital invested by funds: $63.5M → $120M (+$56.7M)
5.95% more ownership
Funds ownership: 19.23% → 25.18% (+5.9%)
2% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 44
4% less call options, than puts
Call options by funds: $118K | Put options by funds: $123K
11% less funds holding
Funds holding: 149 → 132 (-17)
59% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Legal & General Group
London,
United Kingdom
|
+$8.96M |
| 2 |
Two Sigma Advisers
New York
|
+$4.35M |
| 3 |
State Street
Boston,
Massachusetts
|
+$4.25M |
| 4 |
Two Sigma Investments
New York
|
+$4.09M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$1.21M |
| 2 |
D.E. Shaw & Co
New York
|
-$1.01M |
| 3 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
-$650K |
| 4 |
Swiss National Bank
Zurich,
Switzerland
|
-$524K |
| 5 |
VanEck Associates
New York
|
-$478K |
BLDP Hedge Fund Activity: Q2 2025 in Review
132 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Ballard Power Systems (BLDP) for Q2 2025, worth a combined $120M — up 89% from $63.5M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BLDP and 11 opened new positions — a net loss of 16 holders — while 44 trimmed existing stakes and 45 added.
The largest buyer was Legal & General Group, adding an estimated $8.96M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $1.21M sold.
- 132 institutional investors held Ballard Power Systems (BLDP) as of Q2 2025, down from 149 in Q1 2025.
- Funds reported $120M of Ballard Power Systems stock for Q2 2025, up 89% quarter-over-quarter.
- 11 funds opened new Ballard Power Systems positions in Q2 2025 and 27 closed out, a net change of -16 holders.
- The largest Ballard Power Systems buyer in Q2 2025 was Legal & General Group, an estimated $8.96M added.
- The largest Ballard Power Systems seller in Q2 2025 was Penserra Capital Management, an estimated $1.21M sold.
Based on aggregated 13F filings for Q2 2025.