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: 55.9m as of 2026-03-03, 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 ≈ $1.98.
Trends to Q1 2026
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 |
| Q2 2025 | 56 |
| Q3 2025 | 54 |
| Q4 2025 | 57 |
| Q1 2026 | 72 |
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 2024 | 30 | 5 |
| Q3 2024 | 29 | 7 |
| Q4 2024 | 32 | 13 |
| Q1 2025 | 32 | 19 |
| Q2 2025 | 25 | 36 |
| Q3 2025 | 23 | 26 |
| Q4 2025 | 23 | 20 |
| Q1 2026 | 42 | 21 |
Biggest buyers
| Enclave Advisors LLC | New | +304.5k |
| FIRST MANHATTAN CO. LLC. | Added | +250.0k |
| Walleye Capital LLC | New | +216.3k |
| JANE STREET GROUP, LLC | Added | +215.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Added | +178.9k |
| BANK OF AMERICA CORP /DE/ | Added | +104.6k |
| Mill Creek Capital Advisors, LLC | Added | +101.3k |
| DIMENSIONAL FUND ADVISORS LP | New | +85.2k |
| XTX Topco Ltd | New | +75.8k |
| ALGERT GLOBAL LLC | New | +75.0k |
Biggest sellers
| Baird Financial Group, Inc. | Sold out | -228.8k |
| GOLDMAN SACHS GROUP INC | Reduced | -155.1k |
| MORGAN STANLEY | Reduced | -137.6k |
| Squarepoint Ops LLC | Reduced | -129.2k |
| Quadrature Capital Ltd | Reduced | -32.2k |
| KIECKHEFER GROUP LLC | Reduced | -32.0k |
| CITADEL ADVISORS LLC | Sold out | -31.6k |
| Dynamic Technology Lab Private Ltd | Sold out | -26.0k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -22.9k |
| LPL Financial LLC | Sold out | -18.9k |
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 2026
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 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 3 | $280.0k | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 1 | $540.0k | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| Blackstone Inc. 0.08% of their portfolio | 9.6m $19.1m | Unchanged |
| FIRST MANHATTAN CO. LLC. 0.03% of their portfolio | 5.8m $11.4m | Added +250.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.2m $2.3m | First filing |
| MARSHALL WACE, LLP 0.00% of their portfolio | 1.0m $2.0m | Added +56.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 331.4k $656.4k | Added +46.8k |
| Enclave Advisors LLC 0.09% of their portfolio | 304.5k $602.9k | New |
| Mill Creek Capital Advisors, LLC 0.01% of their portfolio | 296.2k $586.5k | Added +101.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 261.9k $518.5k | Added +215.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 255.6k $506.1k | Added +178.9k |
| BlackRock, Inc. 0.00% of their portfolio | 239.0k $473.1k | Added +7.4k |
| Peterson Wealth Advisors, LLC 0.06% of their portfolio | 233.3k $462.0k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 216.3k $428.3k | New |
| Cerity Partners LLC 0.00% of their portfolio | 215.4k $426.4k | Unchanged |
| KIECKHEFER GROUP LLC 0.19% of their portfolio | 208.4k $412.6k | Reduced -32.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 177.0k $350.4k | Reduced -155.1k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 154.6k $306.0k | First filing |
| HighMark Wealth Management LLC 0.10% of their portfolio | 130.2k $257.7k | Added +20.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 104.6k $207.1k | Added +104.6k |
| STATE STREET CORP 0.00% of their portfolio | 101.3k $200.5k | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 85.2k $168.7k | New |
| XTX Topco Ltd 0.00% of their portfolio | 75.8k $150.2k | New |
| ALGERT GLOBAL LLC 0.00% of their portfolio | 75.0k $148.6k | New |
| OMERS ADMINISTRATION Corp 0.00% of their portfolio | 75.0k $148.5k | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 68.3k $135.3k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 59.9k $118.7k | Reduced -11.0k |
| Centiva Capital, LP 0.01% of their portfolio | 56.2k $111.4k | Added +1.3k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 55.9k $110.7k | Added +34.0k |
| Squarepoint Ops LLC 0.00% of their portfolio | 52.7k $104.3k | Reduced -129.2k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 41.5k $82.2k | Added +23.2k |
| Apollon Wealth Management, LLC 0.00% of their portfolio | 39.0k $77.2k | Unchanged |
| Kingsview Wealth Management, LLC 0.00% of their portfolio | 35.0k $69.3k | Added +5.0k |
| Stanley-Laman Group, Ltd. 0.01% of their portfolio | 28.6k $56.6k | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 23.5k $46.6k | Added +200 |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 22.3k $44.1k | Added +7.7k |
| Catalyst Funds Management Pty Ltd 0.01% of their portfolio | 21.3k $42.2k | New |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 20.0k $39.5k | New |
| FMR LLC 0.00% of their portfolio | 16.9k $33.4k | Unchanged |
| CLIFFORD SWAN INVESTMENT COUNSEL LLC 0.00% of their portfolio | 15.5k $30.8k | Added +3.0k |
| HRT FINANCIAL LP 0.00% of their portfolio | 15.1k $29.0k | New |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 15.0k $30.0k | New |
| PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio | 14.6k $28.8k | New |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 14.5k $28.7k | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 14.1k $28.0k | New |
| SCRATCH CAPITAL LLC 0.02% of their portfolio | 13.6k $26.9k | New |
| HB Wealth Management, LLC 0.00% of their portfolio | 13.1k $25.9k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 12.5k $24.8k | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 12.5k $24.8k | Unchanged |
| Quadrature Capital Ltd 0.00% of their portfolio | 12.3k $24.4k | Reduced -32.2k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.00% of their portfolio | 11.9k $23.6k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 11.0k $21.7k | Reduced -8.8k |
| First PREMIER Bank 0.00% of their portfolio | 10.0k $20.0k | Unchanged |
| Coston, McIsaac & Partners 0.00% of their portfolio | 9.5k $18.0k | Added +3.2k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 7.0k $12.9k | New |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 4.7k $9.4k | New |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 4.3k $8.6k | First filing |
| Allworth Financial LP 0.00% of their portfolio | 4.0k $7.9k | New |
| Arax Advisory Partners 0.00% of their portfolio | 2.5k $4.9k | New |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 2.0k $4.1k | Unchanged |
| IFP Advisors, Inc 0.00% of their portfolio | 2.0k $4.0k | Unchanged |
| Burk Holdings LLC 0.00% of their portfolio | 2.0k $4.0k | New |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 1.3k $2.6k | Reduced -464 |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 1.2k $2.3k | New |
| MORGAN STANLEY 0.00% of their portfolio | 755 $1.5k | Reduced -137.6k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 522 $1.0k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 468 $927 | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 408 $1.0k | Added +370 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 339 $671 | Reduced -53 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 161 $277 | Added +52 |
| Private Wealth Management Group, LLC 0.00% of their portfolio | 30 $60 | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 22 $44 | Reduced -121 |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 9 $18 | New |
| CWM, LLC 0.00% of their portfolio | 4 $8 | Reduced -9 |