Vault-13

BIGBEAR AI HLDGS INC BBAI.WS

*W EXP 12/08/202 · Equity WRT · CUSIP 08975B117

17 institutional holders +1 vs Q1 2026
2,341,9532.3m shares reported held*
$1.2mreported value*
4 new 3 added 2 reduced 2 sold out net sold ≈ $69.9k (-196.8k 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 ≈ $0.50. Options: 1 managers hold calls ($29.8k notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 40Q4 22: 40Q1 23: 32Q2 23: 31Q3 23: 29Q4 23: 30Q1 24: 26Q2 24: 27Q3 24: 22Q4 24: 17Q1 25: 23Q2 25: 22Q3 25: 17Q4 25: 17Q1 26: 16Q2 26: 1717Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202240
Q4 202240
Q1 202332
Q2 202331
Q3 202329
Q4 202330
Q1 202426
Q2 202427
Q3 202422
Q4 202417
Q1 202523
Q2 202522
Q3 202517
Q4 202517
Q1 202616
Q2 202617

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 24: 3 bought or addedQ3 24: 13 cut or sold outQ4 24: 3 bought or addedQ4 24: 11 cut or sold outQ4 24Q1 25: 12 bought or addedQ1 25: 9 cut or sold outQ2 25: 5 bought or addedQ2 25: 8 cut or sold outQ2 25Q3 25: 5 bought or addedQ3 25: 8 cut or sold outQ4 25: 4 bought or addedQ4 25: 6 cut or sold outQ4 25Q1 26: 6 bought or addedQ1 26: 5 cut or sold outQ2 26: 7 bought or addedQ2 26: 4 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024313
Q4 2024311
Q1 2025129
Q2 202558
Q3 202558
Q4 202546
Q1 202665
Q2 202674

Calls vs puts

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

CallsPuts
$0$50k$100k$150k$200kQ3 25 calls: $174.4kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $129.4kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $37.8kQ1 26 puts: $0Q1 26P/C 0.00Q2 26 calls: $29.8kQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$174.4k$00.00
Q4 2025$129.4k$00.00
Q1 2026$37.8k$00.00
Q2 2026$29.8k$00.00

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +33,604+33.6k
Krilogy Financial LLC New +20,000+20.0k
Virtu Financial LLC Added +13,002+13.0k
StoneX Group Inc. New +11,165+11.2k
Creative Planning Added +5,000+5.0k
UBS Group AG New +1,201+1.2k
WELLS FARGO & COMPANY/MN New +1,100+1.1k

Biggest sellers

LMR Partners LLP Reduced -195,138-195.1k
Ionic Capital Management LLC Sold out -52,423-52.4k
EQUITEC PROPRIETARY MARKETS, LLC Reduced -27,500-27.5k
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Sold out -6,850-6.8k

Biggest calls

MILLENNIUM MANAGEMENT LLC Unchanged $29.8k84.0k 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 LMR Partners LLP 0.00% of their portfolio LONDON, X0 1,290,8161.3m $458.2k $458.2k 0.00% Reduced -195.1k -195,138
2 ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio GREENWICH, CT 339,228339.2k $120.4k $120.4k 0.00% Unchanged
3 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 316,629316.6k $112.4k $112.4k 0.00% Added +5.0k +5,000
4 Oasis Management Co Ltd. 0.04% of their portfolio GRAND CAYMAN, E9 100,000100.0k $367.0k $367.0k 0.04% Unchanged
5 Virtu Financial LLC 0.00% of their portfolio New York, NY 59,28759.3k $21.0k $21.0k 0.00% Added +13.0k +13,002
6 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 56,72756.7k $20.1k $20.1k 0.00% Added +33.6k +33,604
7 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 33,33333.3k $11.8k $11.8k 0.00% Unchanged
8 EQUITEC PROPRIETARY MARKETS, LLC 0.00% of their portfolio CHICAGO, IL 30,00030.0k $10.7k $10.7k 0.00% Reduced -27.5k -27,500
9 CAPITAL ADVISORS INC/OK 0.00% of their portfolio TULSA, OK 25,00025.0k $8.9k $8.9k 0.00% Unchanged
10 Vestcor Inc 0.00% of their portfolio FREDERICTON, A3 22,50022.5k $8.0k $8.0k 0.00% Unchanged
11 Krilogy Financial LLC 0.00% of their portfolio ST. LOUIS, MO 20,00020.0k $7.1k $7.1k 0.00% New
12 ADVENT CAPITAL MANAGEMENT /DE/ 0.00% of their portfolio NEW YORK, NY 18,26018.3k $6.5k $6.5k 0.00% Unchanged
13 CSS LLC/IL 0.00% of their portfolio CHICAGO, IL 16,66216.7k $5.9k $5.9k 0.00% Unchanged
14 StoneX Group Inc. 0.00% of their portfolio NEW YORK, NY 11,16511.2k $4.1k $4.1k 0.00% New
15 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,2011.2k $426 $426 0.00% New
16 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,1001.1k $391 $391 0.00% New
17 SHP Wealth Management 0.00% of their portfolio PLYMOUTH, MA 4545 $16 $16 0.00% Unchanged