BRIDGER AEROSPACE GRP HLDGS BAER
COM · Common Stock · CUSIP 96812F102
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersBelgrade, MT
- FilingsSEC EDGAR
* 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: 54.2m as of 2025-03-10, 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 ≈ $1.13.
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2023 | 9 |
| Q2 2023 | 12 |
| Q3 2023 | 16 |
| Q4 2023 | 13 |
| Q1 2024 | 21 |
| Q2 2024 | 38 |
| Q3 2024 | 47 |
| Q4 2024 | 55 |
| Q1 2025 | 65 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 6 | 4 |
| Q3 2023 | 9 | 4 |
| Q4 2023 | 6 | 6 |
| Q1 2024 | 13 | 3 |
| Q2 2024 | 30 | 5 |
| Q3 2024 | 29 | 7 |
| Q4 2024 | 32 | 13 |
| Q1 2025 | 32 | 19 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $233.8k | $0 | 0.00 |
| Q3 2024 | $0 | $0 | — |
| Q4 2024 | $0 | $0 | — |
| Q1 2025 | $0 | $0 | — |
Biggest buyers
| MARSHALL WACE, LLP | Added | +248.1k |
| KIECKHEFER GROUP LLC | Added | +172.5k |
| VANGUARD GROUP INC | Added | +117.9k |
| FIRST MANHATTAN CO. LLC. | Added | +100.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +68.7k |
| Brevan Howard Capital Management LP | New | +50.0k |
| Squarepoint Ops LLC | New | +39.8k |
| TWO SIGMA INVESTMENTS, LP | New | +37.6k |
| Dynamic Technology Lab Private Ltd | New | +35.9k |
| UBS Group AG | Added | +34.2k |
Biggest sellers
| MORGAN STANLEY | Reduced | -153.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Reduced | -98.9k |
| Prescott Group Capital Management, L.L.C. | Sold out | -60.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -48.2k |
| JPMORGAN CHASE & CO | Reduced | -16.6k |
| HRT FINANCIAL LP | Sold out | -11.9k |
| NORTHERN TRUST CORP | Reduced | -11.3k |
| CITIGROUP INC | Reduced | -9.3k |
| BlackRock, Inc. | Reduced | -5.5k |
| Apollon Wealth Management, LLC | Reduced | -5.0k |
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.
| Holder | Stake |
|---|---|
| FIRST MANHATTAN CO. LLC. 13G · institution +3.4 pts · filed 2026-04-08 | 10.3% |
Fell to 5% or below in the last year: LMR Partners LLP (3.8%, 2026-05-15)
Insider purchases and sales in Q1 2025
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 3 | $280.0k | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| Blackstone Inc. 0.05% of their portfolio | 9.6m $10.9m | Unchanged |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 1.5m $1.7m | Added +100.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 776.8k $877.8k | Added +117.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 388.9k $439.6k | Added +19.3k |
| BlackRock, Inc. 0.00% of their portfolio | 368.6k $416.5k | Reduced -5.5k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 283.7k $320.6k | Unchanged |
| MARSHALL WACE, LLP 0.00% of their portfolio | 258.2k $291.7k | Added +248.1k |
| Peterson Wealth Advisors, LLC 0.05% of their portfolio | 233.3k $273.0k | Unchanged |
| Cerity Partners LLC 0.00% of their portfolio | 216.8k $244.9k | Reduced -1 |
| Mill Creek Capital Advisors, LLC 0.01% of their portfolio | 194.9k $220.3k | Unchanged |
| KIECKHEFER GROUP LLC 0.14% of their portfolio | 174.5k $197.2k | Added +172.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 133.6k $150.9k | Added +68.7k |
| STATE STREET CORP 0.00% of their portfolio | 106.5k $120.3k | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 104.3k $117.9k | Reduced -11.3k |
| HighMark Wealth Management LLC 0.05% of their portfolio | 80.2k $90.6k | Added +20.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 72.8k $82.3k | Reduced -48.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 67.5k $76.3k | First filing |
| UBS Group AG 0.00% of their portfolio | 56.6k $64.0k | Added +34.2k |
| Brevan Howard Capital Management LP 0.00% of their portfolio | 50.0k $56.5k | New |
| LPL Financial LLC 0.00% of their portfolio | 44.0k $49.7k | Added +14.1k |
| Squarepoint Ops LLC 0.00% of their portfolio | 39.8k $45.0k | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 37.6k $42.5k | New |
| Dynamic Technology Lab Private Ltd 0.01% of their portfolio | 35.9k $41.0k | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 33.0k $37.3k | Added +12.5k |
| Apollon Wealth Management, LLC 0.00% of their portfolio | 29.0k $32.8k | Reduced -5.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 25.8k $29.2k | Unchanged |
| SG Americas Securities, LLC 0.00% of their portfolio | 24.6k $28.0k | New |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 20.5k $23.2k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 19.0k $21.5k | Reduced -16.6k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 15.4k $17.4k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 15.2k $17.2k | Added +7.3k |
| SCRATCH CAPITAL LLC 0.02% of their portfolio | 13.6k $15.4k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 13.2k $14.9k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 13.1k $14.8k | New |
| THOMPSON DAVIS & CO., INC. 0.01% of their portfolio | 12.3k $13.9k | New |
| MORGAN STANLEY 0.00% of their portfolio | 12.2k $13.8k | Reduced -153.5k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 11.8k $13.3k | Added +1.1k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 11.7k $13.3k | New |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 11.7k $13.2k | Reduced -98.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 10.9k $12.3k | Reduced -1 |
| BARCLAYS PLC 0.00% of their portfolio | 10.4k $11.8k | Reduced -4.6k |
| &PARTNERS 0.00% of their portfolio | 10.0k $11.2k | Unchanged |
| First PREMIER Bank 0.00% of their portfolio | 10.0k $11.0k | Unchanged |
| U.S. Capital Wealth Advisors, LLC 0.00% of their portfolio | 10.0k $11.3k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 8.7k $9.8k | Added +228 |
| CITIGROUP INC 0.00% of their portfolio | 7.0k $7.9k | Reduced -9.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 5.6k $6.3k | Added +234 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 5.4k $6.1k | Added +401 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 5.1k $5.8k | Reduced -2.5k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 4.9k $5.5k | Added +21 |
| FMR LLC 0.00% of their portfolio | 4.5k $5.1k | Added +1.1k |
| IFP Advisors, Inc 0.00% of their portfolio | 2.0k $2.3k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 1.1k $1.3k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 879 $993 | Unchanged |
| CWM, LLC 0.00% of their portfolio | 769 $1.0k | Added +374 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 747 $0 | Reduced -649 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 650 $735 | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 310 $0 | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 200 $226 | Reduced -49 |
| True Wealth Design, LLC 0.00% of their portfolio | 158 $179 | New |
| Sterling Capital Management LLC 0.00% of their portfolio | 128 $145 | Reduced -112 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 104 $118 | New |
| Private Wealth Management Group, LLC 0.00% of their portfolio | 30 $34 | New |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 21 $24 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |