Babcock & Wilcox
129 hedge funds and large institutions have $592M invested in Babcock & Wilcox in 2025 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 36 increasing their positions, 22 reducing their positions, and 15 closing their positions.
408% more call options, than puts
Call options by funds: $10.3M | Put options by funds: $2.02M
253% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 15
183% more capital invested
Capital invested by funds: $209M → $592M (+$383M)
64% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 22
37% more funds holding
Funds holding: 94 → 129 (+35)
12.87% more ownership
Funds ownership: 71.22% → 84.09% (+13%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$52.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$11.8M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$11.2M |
| 4 |
SA
Situational Awareness
San Francisco,
California
|
+$6.68M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$5.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
CastleKnight Management
New York
|
-$6.45M |
| 2 |
Millennium Management
New York
|
-$6.39M |
| 3 |
TCM
Thames Capital Management
Roseland,
New Jersey
|
-$4.03M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$4.01M |
| 5 |
ACM
Archon Capital Management
Seattle,
Washington
|
-$2.62M |
BW Hedge Fund Activity: Q4 2025 in Review
129 of the 8,265 institutional investors tracked by Wall St. Rank reported a position in Babcock & Wilcox (BW) for Q4 2025, worth a combined $592M — up 183% from $209M a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new BW positions and 15 closed out — a net gain of 38 holders — while 36 added to existing stakes and 22 trimmed.
The largest buyer was Hood River Capital Management, opening a new position worth an estimated $52.5M. The largest seller was CastleKnight Management, cutting an estimated $6.45M.
- 129 institutional investors held Babcock & Wilcox (BW) as of Q4 2025, up from 94 in Q3 2025.
- Funds reported $592M of Babcock & Wilcox stock for Q4 2025, up 183% quarter-over-quarter.
- 53 funds opened new Babcock & Wilcox positions in Q4 2025 and 15 closed out, a net change of +38 holders.
- The largest Babcock & Wilcox buyer in Q4 2025 was Hood River Capital Management, an estimated $52.5M added.
- The largest Babcock & Wilcox seller in Q4 2025 was CastleKnight Management, an estimated $6.45M sold.
Based on aggregated 13F filings for Q4 2025.