Vault-13

BRIDGER AEROSPACE GRP HLDGS BAER

COM · Common Stock · CUSIP 96812F102

72 institutional holders +15 vs Q4 2025
21,879,96121.9m shares reported held*
39.1% of all shares outstanding*
$43.3mreported value*
23 new 19 added 11 reduced 10 sold out net bought ≈ $2.4m (+1.2m 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: 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

0255075Q1 23: 9Q2 23: 12Q3 23: 16Q4 23: 13Q1 24: 21Q2 24: 38Q3 24: 47Q4 24: 55Q1 25: 65Q2 25: 56Q3 25: 54Q4 25: 57Q1 26: 7272Q1 23Q4 23Q3 24Q2 25Q1 26
Numbers
QuarterHolders
Q1 20239
Q2 202312
Q3 202316
Q4 202313
Q1 202421
Q2 202438
Q3 202447
Q4 202455
Q1 202565
Q2 202556
Q3 202554
Q4 202557
Q1 202672

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q2 24: 30 bought or addedQ2 24: 5 cut or sold outQ3 24: 29 bought or addedQ3 24: 7 cut or sold outQ3 24Q4 24: 32 bought or addedQ4 24: 13 cut or sold outQ1 25: 32 bought or addedQ1 25: 19 cut or sold outQ1 25Q2 25: 25 bought or addedQ2 25: 36 cut or sold outQ3 25: 23 bought or addedQ3 25: 26 cut or sold outQ3 25Q4 25: 23 bought or addedQ4 25: 20 cut or sold outQ1 26: 42 bought or addedQ1 26: 21 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024305
Q3 2024297
Q4 20243213
Q1 20253219
Q2 20252536
Q3 20252326
Q4 20252320
Q1 20264221

Biggest buyers

Enclave Advisors LLC New +304,506+304.5k
FIRST MANHATTAN CO. LLC. Added +250,000+250.0k
Walleye Capital LLC New +216,325+216.3k
JANE STREET GROUP, LLC Added +215,805+215.8k
BRIDGEWAY CAPITAL MANAGEMENT, LLC Added +178,883+178.9k
BANK OF AMERICA CORP /DE/ Added +104,576+104.6k
Mill Creek Capital Advisors, LLC Added +101,258+101.3k
DIMENSIONAL FUND ADVISORS LP New +85,188+85.2k
XTX Topco Ltd New +75,843+75.8k
ALGERT GLOBAL LLC New +75,050+75.0k

Biggest sellers

Baird Financial Group, Inc. Sold out -228,845-228.8k
GOLDMAN SACHS GROUP INC Reduced -155,089-155.1k
MORGAN STANLEY Reduced -137,561-137.6k
Squarepoint Ops LLC Reduced -129,176-129.2k
Quadrature Capital Ltd Reduced -32,222-32.2k
KIECKHEFER GROUP LLC Reduced -32,000-32.0k
CITADEL ADVISORS LLC Sold out -31,601-31.6k
Dynamic Technology Lab Private Ltd Sold out -26,005-26.0k
MILLENNIUM MANAGEMENT LLC Sold out -22,919-22.9k
LPL Financial LLC Sold out -18,863-18.9k

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.

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 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)

BuyingSelling
404Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 3 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 1 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20240—0——
Q3 20240—3$280.0k—
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20251$540.0k0——
Q1 20260—0——

None reported in Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Blackstone Inc. 0.08% of their portfolio NEW YORK, NY 9,624,6109.6m $19.1m $19.1m 0.08% Unchanged
2 FIRST MANHATTAN CO. LLC. 0.03% of their portfolio NEW YORK, NY 5,763,5555.8m $11.4m $11.4m 0.03% Added +250.0k +250,000
3 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 1,159,5181.2m $2.3m $2.3m 0.00% First filing
4 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 1,021,5241.0m $2.0m $2.0m 0.00% Added +56.4k +56,433
5 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 331,395331.4k $656.4k $656.4k 0.00% Added +46.8k +46,794
6 Enclave Advisors LLC 0.09% of their portfolio AUSTIN, TX 304,506304.5k $602.9k $602.9k 0.09% New
7 Mill Creek Capital Advisors, LLC 0.01% of their portfolio Conshohocken, PA 296,192296.2k $586.5k $586.5k 0.01% Added +101.3k +101,258
8 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 261,892261.9k $518.5k $518.5k 0.00% Added +215.8k +215,805
9 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio HOUSTON, TX 255,583255.6k $506.1k $506.1k 0.01% Added +178.9k +178,883
10 BlackRock, Inc. 0.00% of their portfolio New York, NY 238,960239.0k $473.1k $473.1k 0.00% Added +7.4k +7,397
11 Peterson Wealth Advisors, LLC 0.06% of their portfolio Orem, UT 233,323233.3k $462.0k $462.0k 0.06% Unchanged
12 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 216,325216.3k $428.3k $428.3k 0.00% New
13 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 215,358215.4k $426.4k $426.4k 0.00% Unchanged
14 KIECKHEFER GROUP LLC 0.19% of their portfolio MEQUON, WI 208,366208.4k $412.6k $412.6k 0.19% Reduced -32.0k -32,000
15 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 176,953177.0k $350.4k $350.4k 0.00% Reduced -155.1k -155,089
16 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 154,567154.6k $306.0k $306.0k 0.00% First filing
17 HighMark Wealth Management LLC 0.10% of their portfolio ST. PAUL, MN 130,162130.2k $257.7k $257.7k 0.10% Added +20.0k +20,000
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 104,617104.6k $207.1k $207.1k 0.00% Added +104.6k +104,576
19 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 101,280101.3k $200.5k $200.5k 0.00% Unchanged
20 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 85,18885.2k $168.7k $168.7k 0.00% New
21 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 75,84375.8k $150.2k $150.2k 0.00% New
22 ALGERT GLOBAL LLC 0.00% of their portfolio SAN FRANCISCO, CA 75,05075.0k $148.6k $148.6k 0.00% New
23 OMERS ADMINISTRATION Corp 0.00% of their portfolio TORONTO, A6 75,00075.0k $148.5k $148.5k 0.00% New
24 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 68,34268.3k $135.3k $135.3k 0.00% Unchanged
25 UBS Group AG 0.00% of their portfolio ZURICH, V8 59,94759.9k $118.7k $118.7k 0.00% Reduced -11.0k -11,020
26 Centiva Capital, LP 0.01% of their portfolio New York, NY 56,24856.2k $111.4k $111.4k 0.01% Added +1.3k +1,309
27 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 55,88555.9k $110.7k $110.7k 0.00% Added +34.0k +34,025
28 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 52,68452.7k $104.3k $104.3k 0.00% Reduced -129.2k -129,176
29 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 41,53941.5k $82.2k $82.2k 0.00% Added +23.2k +23,203
30 Apollon Wealth Management, LLC 0.00% of their portfolio MOUNT PLEASANT, SC 39,00039.0k $77.2k $77.2k 0.00% Unchanged
31 Kingsview Wealth Management, LLC 0.00% of their portfolio GRANTS PASS, OR 35,00035.0k $69.3k $69.3k 0.00% Added +5.0k +5,000
32 Stanley-Laman Group, Ltd. 0.01% of their portfolio Berwyn, PA 28,57528.6k $56.6k $56.6k 0.01% Unchanged
33 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 23,52423.5k $46.6k $46.6k 0.00% Added +200 +200
34 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 22,27822.3k $44.1k $44.1k 0.00% Added +7.7k +7,692
35 Catalyst Funds Management Pty Ltd 0.01% of their portfolio SYDNEY NSW, C3 21,30021.3k $42.2k $42.2k 0.01% New
36 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 19,96220.0k $39.5k $39.5k 0.00% New
37 FMR LLC 0.00% of their portfolio BOSTON, MA 16,88116.9k $33.4k $33.4k 0.00% Unchanged
38 CLIFFORD SWAN INVESTMENT COUNSEL LLC 0.00% of their portfolio PASADENA, CA 15,53215.5k $30.8k $30.8k 0.00% Added +3.0k +2,988
39 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 15,08015.1k $29.0k $29.0k 0.00% New
40 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 15,00015.0k $30.0k $30.0k 0.00% New
41 PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio BOSTON, MA 14,55314.6k $28.8k $28.8k 0.00% New
42 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 14,50014.5k $28.7k $28.7k 0.00% New
43 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 14,14014.1k $28.0k $28.0k 0.00% New
44 SCRATCH CAPITAL LLC 0.02% of their portfolio BOISE, ID 13,60013.6k $26.9k $26.9k 0.02% New
45 HB Wealth Management, LLC 0.00% of their portfolio Atlanta, GA 13,10013.1k $25.9k $25.9k 0.00% New
46 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 12,50012.5k $24.8k $24.8k 0.00% Unchanged
47 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 12,50012.5k $24.8k $24.8k 0.00% Unchanged
48 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 12,33612.3k $24.4k $24.4k 0.00% Reduced -32.2k -32,222
49 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.00% of their portfolio BALA CYNWYD, PA 11,92211.9k $23.6k $23.6k 0.00% New
50 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 10,98211.0k $21.7k $21.7k 0.00% Reduced -8.8k -8,750
51 First PREMIER Bank 0.00% of their portfolio SIOUX FALLS, SD 10,00010.0k $20.0k $20.0k 0.00% Unchanged
52 Coston, McIsaac & Partners 0.00% of their portfolio BAR HARBOR, ME 9,5009.5k $18.0k $18.0k 0.00% Added +3.2k +3,200
53 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 7,0007.0k $12.9k $12.9k 0.00% New
54 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 4,7474.7k $9.4k $9.4k 0.00% New
55 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 4,3484.3k $8.6k $8.6k 0.00% First filing
56 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 4,0004.0k $7.9k $7.9k 0.00% New
57 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 2,4572.5k $4.9k $4.9k 0.00% New
58 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 2,0402.0k $4.1k $4.1k 0.00% Unchanged
59 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 2,0002.0k $4.0k $4.0k 0.00% Unchanged
60 Burk Holdings LLC 0.00% of their portfolio TULSA, OK 2,0002.0k $4.0k $4.0k 0.00% New
61 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 1,3221.3k $2.6k $2.6k 0.00% Reduced -464 -464
62 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 1,1521.2k $2.3k $2.3k 0.00% New
63 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 755755 $1.5k $1.5k 0.00% Reduced -137.6k -137,561
64 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 522522 $1.0k $1.0k 0.00% Unchanged
65 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 468468 $927 $927 0.00% Unchanged
66 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 408408 $1.0k $1.0k 0.00% Added +370 +370
67 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 339339 $671 $671 0.00% Reduced -53 -53
68 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 161161 $277 $277 0.00% Added +52 +52
69 Private Wealth Management Group, LLC 0.00% of their portfolio PRINCETON, NJ 3030 $60 $60 0.00% Unchanged
70 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 2222 $44 $44 0.00% Reduced -121 -121
71 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 99 $18 $18 0.00% New
72 CWM, LLC 0.00% of their portfolio OMAHA, NE 44 $8 $8 0.00% Reduced -9 -9