Vault-13

BAKKT HOLDINGS INC

*W EXP 10/25/202 · CUSIP 05759B115

10 institutional holders +3 vs Q1 2026
383,576383.6k shares reported held*
$24.2kreported value*
3 new 1 added 1 reduced 0 sold out net bought ≈ $1.3k (+20.2k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $0.06. Options: 1 managers hold calls ($25.8k notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 14Q4 22: 17Q1 23: 14Q2 23: 16Q3 23: 17Q4 23: 16Q1 24: 11Q2 24: 11Q3 24: 12Q4 24: 12Q1 25: 9Q2 25: 10Q3 25: 10Q4 25: 6Q1 26: 7Q2 26: 1010Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202214
Q4 202217
Q1 202314
Q2 202316
Q3 202317
Q4 202316
Q1 202411
Q2 202411
Q3 202412
Q4 202412
Q1 20259
Q2 202510
Q3 202510
Q4 20256
Q1 20267
Q2 202610

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
10010Q3 24: 3 bought or addedQ3 24: 2 cut or sold outQ4 24: 4 bought or addedQ4 24: 4 cut or sold outQ4 24Q1 25: 0 bought or addedQ1 25: 6 cut or sold outQ2 25: 3 bought or addedQ2 25: 2 cut or sold outQ2 25Q3 25: 4 bought or addedQ3 25: 3 cut or sold outQ4 25: 2 bought or addedQ4 25: 5 cut or sold outQ4 25Q1 26: 2 bought or addedQ1 26: 0 cut or sold outQ2 26: 4 bought or addedQ2 26: 1 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202432
Q4 202444
Q1 202506
Q2 202532
Q3 202543
Q4 202525
Q1 202620
Q2 202641

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50k$100k$150k$200kQ3 25 calls: $180.0kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $65.6kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $54.4kQ1 26 puts: $0Q1 26P/C 0.00Q2 26 calls: $25.8kQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$180.0k$00.00
Q4 2025$65.6k$00.00
Q1 2026$54.4k$00.00
Q2 2026$25.8k$00.00

Biggest buyers

Virtu Financial LLC New +10,913+10.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +10,414+10.4k
WOLVERINE ASSET MANAGEMENT LLC New +5,271+5.3k
Clear Street Group Inc. New +100+100

Biggest sellers

UBS Group AG Reduced -6,521-6.5k

Biggest calls

MILLENNIUM MANAGEMENT LLC Unchanged $25.8k400.0k shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VR Advisory Services Ltd 0.00% of their portfolio CAMANA BAY, GRAND CAYMAN, E9 150,000150.0k $9.7k $9.7k 0.00% Unchanged
2 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 90,17690.2k $5.8k $5.8k 0.00% Added +10.4k +10,414
3 Realta Investment Advisors 0.00% of their portfolio WILMINGTON, DE 77,54877.5k $4.3k $4.3k 0.00% Unchanged
4 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 47,90047.9k $3.1k $3.1k 0.00% Unchanged
5 Virtu Financial LLC 0.00% of their portfolio New York, NY 10,91310.9k $1.0k $1.0k 0.00% New
6 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 5,2715.3k $340 $340 0.00% New
7 UBS Group AG 0.00% of their portfolio ZURICH, V8 918918 $50 $50 0.00% Reduced -6.5k -6,521
8 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 500500 $0 $0 0.00% Unchanged
9 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 250250 $14 $14 0.00% Unchanged
10 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 100100 $6 $6 0.00% New