Vault-13

BRIDGER AEROSPACE GRP HLDGS BAER

COM · Common Stock · CUSIP 96812F102

55 institutional holders +8 vs Q3 2024
14,498,40214.5m shares reported held*
26.8% of all shares outstanding*
$30.9mreported value*
13 new 19 added 7 reduced 6 sold out net bought ≈ $2.1m (+984.8k 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. Shares outstanding: 54.0m as of 2024-11-08, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $2.13.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q1 23: 9Q2 23: 12Q3 23: 16Q4 23: 13Q1 24: 21Q2 24: 38Q3 24: 47Q4 24: 5555Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q1 20239
Q2 202312
Q3 202316
Q4 202313
Q1 202421
Q2 202438
Q3 202447
Q4 202455

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 23: 6 bought or addedQ2 23: 4 cut or sold outQ2 23Q3 23: 9 bought or addedQ3 23: 4 cut or sold outQ4 23: 6 bought or addedQ4 23: 6 cut or sold outQ4 23Q1 24: 13 bought or addedQ1 24: 3 cut or sold outQ2 24: 30 bought or addedQ2 24: 5 cut or sold outQ2 24Q3 24: 29 bought or addedQ3 24: 7 cut or sold outQ4 24: 32 bought or addedQ4 24: 13 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q2 202364
Q3 202394
Q4 202366
Q1 2024133
Q2 2024305
Q3 2024297
Q4 20243213

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ1 24 calls: $0Q1 24 puts: $0Q1 24P/C —Q2 24 calls: $233.8kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —
Numbers
QuarterCallsPutsP/C
Q1 2024$0$0—
Q2 2024$233.8k$00.00
Q3 2024$0$0—
Q4 2024$0$0—

Biggest buyers

VANGUARD GROUP INC Added +433,723+433.7k
Baird Financial Group, Inc. New +283,745+283.7k
Cerity Partners LLC Added +177,811+177.8k
STATE STREET CORP Added +77,658+77.7k
MILLENNIUM MANAGEMENT LLC New +64,904+64.9k
HighMark Wealth Management LLC New +60,162+60.2k
Prescott Group Capital Management, L.L.C. New +60,000+60.0k
FIRST MANHATTAN CO. LLC. Added +50,000+50.0k
Apollon Wealth Management, LLC New +34,000+34.0k
LPL Financial LLC New +29,922+29.9k

Biggest sellers

MORGAN STANLEY Reduced -249,449-249.4k
ASPIRIANT, LLC Sold out -65,237-65.2k
GM Advisory Group, LLC Sold out -27,500-27.5k
BlackRock, Inc. Reduced -24,225-24.2k
LEVIN CAPITAL STRATEGIES, L.P. Sold out -23,770-23.8k
HRT FINANCIAL LP Reduced -13,495-13.5k
BRIDGEWAY CAPITAL MANAGEMENT, LLC Reduced -7,500-7.5k
Balefire, LLC Sold out -4,537-4.5k
ROYAL BANK OF CANADA Reduced -1,248-1.2k
Corebridge Financial, Inc. Reduced -367-367

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FIRST MANHATTAN CO. LLC. 13G · institution +3.4 pts · filed 2026-04-08 10.3% +3.4 pts 5.8m≈ $11.1m 2026-04-08

Fell to 5% or below in the last year: LMR Partners LLP (3.8%, 2026-05-15)

Insider purchases and sales in Q4 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 3 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20230—0——
Q2 20230—0——
Q3 20230—0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20240—3$280.0k—
Q4 20240—0——

None reported in Q4 2024.

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Blackstone Inc. 0.10% of their portfolio NEW YORK, NY 9,624,6109.6m $20.5m $20.5m 0.10% Unchanged
2 FIRST MANHATTAN CO. LLC. 0.01% of their portfolio NEW YORK, NY 1,379,7051.4m $2.9m $2.9m 0.01% Added +50.0k +50,000
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 658,872658.9k $1.4m $1.4m 0.00% Added +433.7k +433,723
4 BlackRock, Inc. 0.00% of their portfolio New York, NY 374,079374.1k $796.8k $796.8k 0.00% Reduced -24.2k -24,225
5 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 369,617369.6k $787.6k $787.6k 0.00% Added +18.2k +18,243
6 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 283,745283.7k $604.4k $604.4k 0.00% New
7 Peterson Wealth Advisors, LLC 0.09% of their portfolio Orem, UT 233,323233.3k $490.0k $490.0k 0.09% Unchanged
8 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 216,751216.8k $461.7k $461.7k 0.00% Added +177.8k +177,811
9 Mill Creek Capital Advisors, LLC 0.01% of their portfolio Conshohocken, PA 194,934194.9k $415.2k $415.2k 0.01% Unchanged
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 165,709165.7k $353.0k $353.0k 0.00% Reduced -249.4k -249,449
11 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 121,042121.0k $257.8k $257.8k 0.00% Added +1.3k +1,279
12 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 115,573115.6k $246.2k $246.2k 0.00% Added +24.1k +24,067
13 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio HOUSTON, TX 110,600110.6k $235.6k $235.6k 0.01% Reduced -7.5k -7,500
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 106,460106.5k $226.8k $226.8k 0.00% Added +77.7k +77,658
15 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 64,90464.9k $138.2k $138.2k 0.00% New
16 HighMark Wealth Management LLC 0.07% of their portfolio ST. PAUL, MN 60,16260.2k $128.1k $128.1k 0.07% New
17 Prescott Group Capital Management, L.L.C. 0.02% of their portfolio Tulsa, OK 60,00060.0k $127.8k $127.8k 0.02% New
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 35,63035.6k $75.9k $75.9k 0.00% Added +1.8k +1,760
19 Apollon Wealth Management, LLC 0.00% of their portfolio MOUNT PLEASANT, SC 34,00034.0k $72.4k $72.4k 0.00% New
20 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 29,92229.9k $63.7k $63.7k 0.00% New
21 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 25,80025.8k $55.0k $55.0k 0.00% Unchanged
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 22,37722.4k $47.7k $47.7k 0.00% Added +5.5k +5,498
23 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 20,50120.5k $43.7k $43.7k 0.00% Unchanged
24 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 17,94317.9k $38.2k $38.2k 0.00% New
25 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 16,22116.2k $34.6k $34.6k 0.00% Added +9.1k +9,109
26 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 14,96915.0k $31.9k $31.9k 0.00% Added +1.0k +1,033
27 SCRATCH CAPITAL LLC 0.04% of their portfolio BOISE, ID 13,60713.6k $29.0k $29.0k 0.04% First filing
28 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 11,88411.9k $25.0k $25.0k 0.00% Reduced -13.5k -13,495
29 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 10,91210.9k $23.2k $23.2k 0.00% Added +1 +1
30 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 10,65710.7k $22.7k $22.7k 0.00% Added +10.2k +10,232
31 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 10,10710.1k $21.5k $21.5k 0.00% New
32 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 10,00010.0k $21.0k $21.0k 0.00% Unchanged
33 First PREMIER Bank 0.01% of their portfolio SIOUX FALLS, SD 10,00010.0k $21.0k $21.0k 0.01% New
34 U.S. Capital Wealth Advisors, LLC 0.00% of their portfolio AUSTIN, TX 10,00010.0k $21.3k $21.3k 0.00% New
35 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 8,4318.4k $18.0k $18.0k 0.00% Added +4.3k +4,335
36 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 7,9628.0k $17.0k $17.0k 0.00% Unchanged
37 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 7,6687.7k $16.3k $16.3k 0.00% Reduced -169 -169
38 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 5,3755.4k $11.4k $11.4k 0.00% Added +228 +228
39 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 4,9795.0k $10.6k $10.6k 0.00% Added +499 +499
40 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 4,8684.9k $10.4k $10.4k 0.00% Reduced -367 -367
41 FMR LLC 0.00% of their portfolio BOSTON, MA 3,4133.4k $7.3k $7.3k 0.00% Added +1.9k +1,922
42 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 2,0002.0k $4.3k $4.3k 0.00% New
43 KIECKHEFER GROUP LLC 0.00% of their portfolio MEQUON, WI 2,0002.0k $4.3k $4.3k 0.00% First filing
44 Van Hulzen Asset Management, LLC 0.00% of their portfolio EL DORADO HILLS, CA 1,7851.8k $3.8k $3.8k 0.00% New
45 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,3961.4k $3.0k $3.0k 0.00% Reduced -1.2k -1,248
46 Legal & General Group Plc 0.00% of their portfolio London, X0 1,1251.1k $2.4k $2.4k 0.00% Unchanged
47 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 879879 $1.9k $1.9k 0.00% Unchanged
48 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 650650 $1.4k $1.4k 0.00% Unchanged
49 CWM, LLC 0.00% of their portfolio OMAHA, NE 395395 $1.0k $1.0k 0.00% Added +79 +79
50 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 310310 $1.0k $1.0k 0.00% Unchanged
51 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 249249 $530 $530 0.00% New
52 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 240240 $511 $511 0.00% Added +217 +217
53 Coppell Advisory Solutions LLC 0.00% of their portfolio COPPELL, TX 4040 $83 $83 0.00% Unchanged
54 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 2121 $45 $45 0.00% First filing
55 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged