
Bakkt Holdings, Inc.
Bakkt Holdings, Inc. (BKKT) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · BKKT · as of Sep 30, 2025
Ownership Breakdown
103
Institutional Holders
▲ 42 vs Q2
$185.68M
Total Inst. Value
▲ $161.13M vs Q2
44.61M
Shares Outstanding
freeFloat 71.38%
5.51M
13F Shares Held
▲ 3.75M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
BKKT largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
BLACKROCK, INC. services-prepackaged software | 877.9K | 12.86% | 12.86% | $29.54B | Nov 12, 2025 | ▲ 521.6K |
WEISS ASSET MANAGEMENT LP services-prepackaged software | 812.6K | 11.91% | 11.91% | $27.35B | Nov 14, 2025 | NEW |
VANGUARD GROUP INC services-prepackaged software | 664.6K | 9.74% | 9.74% | $22.36B | Nov 7, 2025 | ▲ 377.1K |
SUSQUEHANNA INTERNATIONAL GROUP, LLP services-prepackaged software | 494.1K | 7.24% | 7.24% | $16.63B | Nov 14, 2025 | ▲ 483.7K |
GEODE CAPITAL MANAGEMENT, LLC services-prepackaged software | 432.5K | 6.34% | 6.34% | $14.56B | Nov 12, 2025 | ▲ 185.3K |
SUSQUEHANNA INTERNATIONAL GROUP, LLP services-prepackaged software | 420.9K | 6.17% | 6.17% | $14.16B | Nov 14, 2025 | ▲ 399.9K |
MARSHALL WACE, LLP services-prepackaged software | 349.9K | 5.13% | 5.13% | $11.78B | Nov 13, 2025 | NEW |
JANE STREET GROUP, LLC services-prepackaged software | 332.8K | 4.88% | 4.88% | $11.20B | Nov 14, 2025 | NEW |
HORIZON KINETICS ASSET MANAGEMENT LLC services-prepackaged software | 328.5K | 4.81% | 4.81% | $11.06B | Nov 14, 2025 | ▼ 6.8K |
CITADEL ADVISORS LLC services-prepackaged software | 310.0K | 4.54% | 4.54% | $10.43B | Nov 14, 2025 | NEW |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
24
Increased
+2.51M shares24
New Positions
first time holders2
Decreased
−81.2K shares0
Sold Out
fully exitedNet shares change (top 50)
+2.43M
+2.51M / −81.2K
Net new holders
+46
24 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
BKKT insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
7
Buy transactions
9
Sell transactions
0.78
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
ALFRED MICHAEL director | May 18, 2026 | Purchase | 220,000 | $8.20 | $1.80M | 625.0K | Form 4 ↗ |
ALFRED MICHAEL director | May 15, 2026 | Purchase | 365,000 | $8.34 | $3.04M | 405.0K | Form 4 ↗ |
Naheta Akshay Sudhir CEO and President | Apr 30, 2026 | Award | 7,927,831 | — | — | 9.03M | Form 4 ↗ |
Alexander Karen Chief Financial Officer | Apr 28, 2026 | Sale | 4,684 | $9.13 | $42.8K | 55.8K | Form 4 ↗ |
Baes Nicholas Chief Operating Officer | Apr 28, 2026 | Sale | 2,352 | $9.13 | $21.5K | 106.3K | Form 4 ↗ |
D'Annunzio Marc General Counsel & Secretary | Apr 28, 2026 | Sale | 3,789 | $9.13 | $34.6K | 114.0K | Form 4 ↗ |
D'Annunzio Marc General Counsel & Secretary | Apr 28, 2026 | Sale | 3,991 | $8.60 | $34.3K | 110.1K | Form 4 ↗ |
Baes Nicholas Chief Operating Officer | Apr 6, 2026 | Sale | 711 | $7.56 | $5.4K | 101.3K | Form 4 ↗ |
D'Annunzio Marc General Counsel and Secretary | Mar 27, 2026 | Sale | 6,422 | $8.55 | $54.9K | 111.4K | Form 4 ↗ |
D'Annunzio Marc General Counsel and Secretary | Mar 30, 2026 | Sale | 5,342 | $7.08 | $37.8K | 106.1K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Bakkt Holdings, Inc. (BKKT) is primarily owned by institutional investors, who hold approximately 12.3% of total shares outstanding. Company insiders own approximately 28.62%, while retail and public investors account for the remaining 59.02%.
The largest institutional shareholder of Bakkt Holdings, Inc. is BLACKROCK, INC., holding approximately 877,895 shares — equal to 12.86% of outstanding shares — as of September 30, 2025.
A total of 103 institutional investors currently hold BKKT stock, with a combined institutional value of approximately $185,679,619 as of the most recent 13F filing period.
Frequently asked questions
BKKT ownershipBakkt Holdings, Inc. (BKKT) is primarily owned by institutional investors, who hold approximately 12.3% of shares. The largest shareholder is BLACKROCK, INC. with a 12.86% stake. Company insiders hold 28.62%. Data sourced from SEC Form 13F as of September 30, 2025.