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Bakkt, Inc.

BKKT
Exchange
NYSE
Industry
Finance Services
SEC CIK
0001820302

In the last 90 days, Bakkt, Inc. insiders filed 1 open-market purchase and 6 sales; 98 institutions reported holding it in 13F filings for Q2 2026, worth $104.5M in total; no superinvestor holds it.

Other share classesBKKT.WT

13F holders, Q4 2025

Institutional positions in Bakkt, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
97
+7 vs. Q3 2025
Shares held
6.73M
+1.26M (+23.0%) vs. Q3 2025
Total value
$67.5M
−$116.7M (−63.4%) vs. Q3 2025
New holders
32
36 more added
Sold out
25
16 more reduced

4 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BKKT on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 97 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 1 institutionQ4 2021: 94 institutionsQ1 2022: 83 institutionsQ2 2022: 94 institutionsQ3 2022: 95 institutionsQ4 2022: 84 institutionsQ1 2023: 82 institutionsQ2 2023: 80 institutionsQ3 2023: 83 institutionsQ4 2023: 99 institutionsQ1 2024: 85 institutionsQ2 2024: 56 institutionsQ3 2024: 49 institutionsQ4 2024: 50 institutionsQ1 2025: 46 institutionsQ2 2025: 59 institutionsQ3 2025: 94 institutionsQ4 2025: 97 institutionsQ1 2026: 107 institutionsQ2 2026: 98 institutions
Value heldQ4 2025: $67.5M
Q1 2021: $0Q2 2021: $0Q3 2021: $339.0KQ4 2021: $156.9MQ1 2022: $67.4MQ2 2022: $52.0MQ3 2022: $51.7MQ4 2022: $29.0MQ1 2023: $41.8MQ2 2023: $28.0MQ3 2023: $35.2MQ4 2023: $68.1MQ1 2024: $18.3MQ2 2024: $27.2MQ3 2024: $13.6MQ4 2024: $33.7MQ1 2025: $11.9MQ2 2025: $24.6MQ3 2025: $185.7MQ4 2025: $67.5MQ1 2026: $67.9MQ2 2026: $104.5M
Institutions holding BKKT and their total value by quarter
QuarterHoldersValue
Q2 202698$104.5M
Q1 2026107$67.9M
Q4 202597$67.5M
Q3 202594$185.7M
Q2 202559$24.6M
Q1 202546$11.9M
Q4 202450$33.7M
Q3 202449$13.6M
Q2 202456$27.2M
Q1 202485$18.3M
Q4 202399$68.1M
Q3 202383$35.2M
Q2 202380$28.0M
Q1 202382$41.8M
Q4 202284$29.0M
Q3 202295$51.7M
Q2 202294$52.0M
Q1 202283$67.4M
Q4 202194$156.9M
Q3 20211$339.0K
Q2 20210$0
Q1 20210$0

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Bakkt, Inc.; share changes are against Q3 2025.

Institutions holding BKKT in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.989,636$9.94M0.00%+111,741+12.7%Added
Weiss Asset Management LP812,640$8.16M0.12%00.0%Unchanged
Vanguard Group Inc737,589$7.41M0.00%+73,028+11.0%Added
Renaissance Technologies LLC562,100$5.64M0.01%+562,100New
Geode Capital Management, LLC489,428$4.91M0.00%+56,910+13.2%Added
Two Sigma Investments, LP475,780$4.78M0.01%+475,780New
Horizon Kinetics Asset Management LLC324,706$3.26M0.04%−3,823−1.2%Reduced
UBS Group AG264,462$2.66M0.00%+228,653+638.5%Added
State Street Corp258,384$2.59M0.00%+48,509+23.1%Added
Mirae Asset Global ETFs Holdings Ltd.179,683$1.80M0.00%+42,253+30.7%Added
Millennium Management LLC134,963$1.36M0.00%+97,445+259.7%Added
Toroso Investments, LLC130,123$1.31M0.01%+130,123New
Jane Street Group, LLC125,871$1.26M0.00%+125,871New
Two Sigma Advisers, LP117,413$1.18M0.00%+117,413New
Northern Trust Corp93,842$942.2K0.00%+6,331+7.2%Added
Citadel Advisors LLC80,398$807.2K0.00%−7,292−8.3%Reduced
CoinFund Management LLC55,255$554.8K0.95%+55,255New
XTX Topco Ltd55,091$553.1K0.01%+55,091New
Squarepoint Ops LLC54,665$548.8K0.00%+54,665New
Morgan Stanley48,146$483.4K0.00%+34,209+245.5%Added
Susquehanna Portfolio Strategies, LLC44,148$443.2K0.01%00.0%Unchanged
Susquehanna International Group, LLP42,658$428.3K0.00%−451,470−91.4%Reduced
Charles Schwab Investment Management Inc40,234$403.9K0.00%+12,602+45.6%Added
Alpine Fox Capital LLC40,000$401.6K0.27%00.0%Unchanged
Wells Fargo & Company39,522$396.8K0.00%+31,375+385.1%Added
Voya Investment Management LLC39,248$394.1K0.00%+28,560+267.2%Added
Quest Partners LLC36,075$362.2K0.02%+25,402+238.0%Added
Invesco Ltd.29,491$296.1K0.00%−3,847−11.5%Reduced
Canada Pension Plan Investment Board29,300$294.2K0.00%+29,300New
AlphaGrep UK Ltd27,203$273.1K0.09%+27,203New
Nuveen, LLC25,359$254.6K0.00%−20,914−45.2%Reduced
Bank of New York Mellon Corp24,481$245.8K0.00%−1,274−4.9%Reduced
Barclays PLC22,345$224.3K0.00%+6,774+43.5%Added
IMC-Chicago, LLC21,152$212.4K0.00%+21,152New
Aristides Capital LLC17,600$176.7K0.06%+17,600New
Delta Investment Management, LLC17,195$172.6K0.03%+4,044+30.8%Added
Alpine Global Management, LLC17,076$171.4K0.04%+17,076New
Engineers Gate Manager LP16,660$167.3K0.00%+16,660New
Rhumbline Advisers15,970$160.3K0.00%+2,988+23.0%Added
Goldman Sachs Group Inc15,921$159.8K0.00%−6,223−28.1%Reduced
Axq Capital, LP13,543$136.0K0.03%+13,543New
State Board of Administration of Florida Retirement System12,551$126.0K0.00%+12,551New
Stratos Wealth Advisors, LLC11,912$119.6K0.01%−33,050−73.5%Reduced
Bank of America Corp11,040$110.8K0.00%+6,871+164.8%Added
Skandinaviska Enskilda Banken AB (publ)10,311$103.5K0.00%−415−3.9%Reduced
Ci Investments Inc.10,162$102.0K0.00%+10,162New
Price T Rowe Associates Inc10,065$102.0K0.00%+4,100+68.7%Added
Deutsche Bank AG10,006$100.5K0.00%+5,378+116.2%Added
Coastal Investment Advisors, Inc.9,750$97.9K0.03%−19,700−66.9%Reduced
MetLife Investment Management8,133$81.7K0.00%+8,133New
Advisor Group Holdings, Inc.7,732$77.6K0.00%+1,388+21.9%Added
Pilgrim Partners Asia Pte Ltd6,600$66.3K0.03%−5,000−43.1%Reduced
JPMorgan Chase & Co5,869$58.9K0.00%+1,336+29.5%Added
Group One Trading, L.P.4,737$47.6K0.00%+4,737New
New York State Common Retirement Fund4,600$46.2K0.00%+3,000+187.5%Added
Citigroup Inc3,473$34.9K0.00%+188+5.7%Added
State of Wyoming3,368$33.8K0.00%+3,368New
BNP Paribas Arbitrage, SA3,161$31.7K0.00%+1,003+46.5%Added
SBI Securities Co., Ltd.2,990$30.0K0.00%+51+1.7%Added
Russell Investments Group, Ltd.2,949$29.6K0.00%+913+44.8%Added
Tower Research Capital LLC (TRC)2,485$24.9K0.00%+1,477+146.5%Added
Police & Firemen's Retirement System of New Jersey2,439$24.5K0.00%−1,244−33.8%Reduced
FMR LLC2,136$21.4K0.00%+637+42.5%Added
Jones Financial Companies LLLP1,892$19.0K0.00%+1,427+306.9%Added
Penserra Capital Management LLC1,670$16.0K0.00%+1,670New
Legal & General Group Plc1,371$13.8K0.00%+389+39.6%Added
Belvedere Trading LLC1,218$12.2K0.00%−2,021−62.4%Reduced
MSRH, LLC1,147$11.5K0.01%+1,147New
Newbridge Financial Services Group, Inc.1,000$10.0K0.00%+1,000New
Ameritas Investment Partners, Inc.934$9.38K0.00%+410+78.2%Added
California State Teachers Retirement System881$8.85K0.00%+561+175.3%Added
Royal Bank of Canada703$7.00K0.00%−17,409−96.1%Reduced
Sterling Capital Management LLC616$6.18K0.00%+9+1.5%Added
US Bancorp511$5.13K0.00%+511New
Innovative Advisory Group, LLC503$5.05K0.00%00.0%Unchanged
Amalgamated Bank451$5.00K0.00%+276+157.7%Added
Kerr Financial Planning Corp193$1.96K0.00%00.0%Unchanged
GAMMA Investing LLC134$1.34K0.00%+134New
Wolverine Asset Management LLC121$1.22K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC115$1.16K0.00%+95+475.0%Added
Clearstead Advisors, LLC109$1.09K0.00%−182−62.5%Reduced
Farther Finance Advisors, LLC100$1.00K0.00%+100New
GWM Advisors LLC80$8030.00%00.0%Unchanged
Federation des caisses Desjardins du Quebec62$6220.00%00.0%Unchanged
Signaturefd, LLC60$6020.00%00.0%Unchanged
Basecamp Wealth Advisors LLC51$5120.00%+51New
Fortitude Family Office, LLC43$4320.00%00.0%Unchanged
Comerica Bank34$3410.00%00.0%Unchanged
Federated Hermes, Inc.28$2810.00%+28New
Allworth Financial LP27$2720.00%+27New
Strive Financial Group ,LLC20$2010.00%+20New
The PNC Financial Services Group, Inc.5$500.00%+3+150.0%Added
ORG Wealth Partners, LLC4$400.00%00.0%Unchanged
Align Financial, LLC40$400.00%+40New
SageView Advisory Group, LLC3$310.00%+3New
IFP Advisors, Inc1$100.00%00.0%Unchanged
Avion Wealth46$00.00%−12−20.7%Reduced
Marshall Wace, LLP0$00.00%−349,930−100.0%Sold out
Private Advisor Group, LLC0$00.00%−157,730−100.0%Sold out
NorthCrest Asset Manangement, LLC0$00.00%−70,000−100.0%Sold out