BIGBEAR AI HLDGS INC BBAI.WS
*W EXP 12/08/202 · Equity WRT · CUSIP 08975B117
29
institutional holders
-2 vs Q2 2023
3.8m
shares reported held*
$1.7mreported value*
3 new
3 added
7 reduced
5 sold out
net sold ≈ $1.8m (-1.7m 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 ≈ $0.45. Options: 2 managers hold calls ($146.3k notional), 0 hold puts (—).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 40 |
| Q4 2022 | 40 |
| Q1 2023 | 32 |
| Q2 2023 | 31 |
| Q3 2023 | 29 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 4 | 8 |
| Q1 2023 | 8 | 16 |
| Q2 2023 | 5 | 10 |
| Q3 2023 | 6 | 12 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $7.0k | $0 | 0.00 |
| Q1 2023 | $139.3k | $0 | 0.00 |
| Q2 2023 | $125.3k | $0 | 0.00 |
| Q3 2023 | $146.3k | $0 | 0.00 |
Biggest buyers
| Hudson Bay Capital Management LP | Added | +156.2k |
| COBBLESTONE CAPITAL ADVISORS LLC /NY/ | New | +61.9k |
| Phoenix Financial Ltd. | Added | +45.0k |
| Freestone Capital Holdings, LLC | New | +15.0k |
| BOURGEON CAPITAL MANAGEMENT LLC | New | +666 |
| JANE STREET GROUP, LLC | Added | +60 |
Biggest sellers
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | Sold out | -2.3m |
| Skaana Management L.P. | Reduced | -926.6k |
| LMR Partners LLP | Reduced | -404.8k |
| Walleye Capital LLC | Reduced | -269.6k |
| SONA ASSET MANAGEMENT (US) LLC | Sold out | -141.9k |
| Context Capital Management, LLC | Reduced | -105.0k |
| EQUITEC PROPRIETARY MARKETS, LLC | Reduced | -67.5k |
| Warberg Asset Management LLC | Sold out | -66.7k |
| Virtu Financial LLC | Sold out | -14.6k |
| Athos Capital Ltd | Reduced | -9.5k |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | Unchanged | $96.0k213.3k shares |
| ANGELO GORDON & CO., L.P. | Unchanged | $50.3k33.3k 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, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| LMR Partners LLP 0.01% of their portfolio | 1.5m $668.0k | Reduced -404.8k |
| First Pacific Advisors, LP 0.00% of their portfolio | 321.2k $144.5k | Unchanged |
| Hudson Bay Capital Management LP 0.00% of their portfolio | 312.3k $140.5k | Added +156.2k |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio | 200.0k $90.0k | Unchanged |
| EQUITEC PROPRIETARY MARKETS, LLC 0.08% of their portfolio | 179.9k $80.9k | Reduced -67.5k |
| Skaana Management L.P. 0.03% of their portfolio | 166.9k $75.1k | Reduced -926.6k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 164.8k $74.2k | Added +60 |
| SkyView Investment Advisors, LLC 0.02% of their portfolio | 100.1k $45.0k | Unchanged |
| III Capital Management 0.00% of their portfolio | 99.0k $42.7k | Unchanged |
| Context Capital Management, LLC 0.00% of their portfolio | 93.0k $42.0k | Reduced -105.0k |
| Phoenix Financial Ltd. 0.00% of their portfolio | 90.0k $62.5k | Added +45.0k |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 75.0k $33.8k | Unchanged |
| PEAK6 Investments LLC 0.00% of their portfolio | 73.3k $33.0k | Unchanged |
| COBBLESTONE CAPITAL ADVISORS LLC /NY/ 0.00% of their portfolio | 61.9k $27.9k | New |
| HRT FINANCIAL LP 0.00% of their portfolio | 59.9k $26.0k | Reduced -1.1k |
| Athos Capital Ltd 0.05% of their portfolio | 57.2k $86 | Reduced -9.5k |
| CSS LLC/IL 0.00% of their portfolio | 41.5k $18.7k | Unchanged |
| Yakira Capital Management, Inc. 0.00% of their portfolio | 35.8k $16.1k | Unchanged |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 33.3k $15.0k | Unchanged |
| KIM, LLC 0.00% of their portfolio | 33.3k $15.0k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 23.5k $10.6k | Reduced -269.6k |
| Vestcor Inc 0.00% of their portfolio | 22.5k $10.0k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 16.7k $7.5k | Unchanged |
| Tyrus Capital S.A.M. 0.07% of their portfolio | 16.7k $7.5k | Unchanged |
| Freestone Capital Holdings, LLC 0.00% of their portfolio | 15.0k $6.8k | New |
| Walleye Trading LLC 0.00% of their portfolio | 13.3k $6.0k | Unchanged |
| BOURGEON CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 666 $300 | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 77 $35 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |