Bridger Aerospace Group Holdings, Inc.

BAER • NASDAQ

Bridger Aerospace Group Holdings, Inc. is a security & protection services company in the industrials sector on NASDAQ, led by Sam Davis, with a market cap of $93.9M. As of Q3 2025, 33% of shares are held by 52 institutional investors, with Blackstone Group L.P. as the largest holder at 17.33%.

President and Chief Executive OfficerSam Davis

Market Cap$93.9M

Security & Protection Services

Industrials

Employees148.0

Websitebridgeraerospace.com

Country

United States of America

Overview

Overview of institutional ownership in BAER as of Q3 2025 with a market cap of $102.7M

All Institutions

Institutions: 52
Value Held: $34.3M
Shares Held: 18.6M
Avg Position: $659.8K
Median Position: $30.0K

Hedge Funds

Hedge Funds: 3
Value Held: $420.2K
Shares Held: 227.1K
Avg Position: $140.1K
Median Position: $109.6K

Ownership Breakdown

Institutional (non-HF)

32.99%

$33.9M

Hedge Funds

0.409%

$420.2K

Retail & Other

66.6%

$68.4M

Based on market cap of $102.7M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BAER as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Blackstone Group L.P. Institution	Jonathan D. Gray President	$17.8M 0.08% of portfolio	17.33% 9.6M shares	Q1 2023 Held for 2y 8m	$23.2B
FIRST MANHATTAN CO Institution	Zachary A Wydra CEO	$7.1M 0.02% of portfolio	6.92% 3.8M shares	Q1 2023 Held for 2y 8m	$37.6B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$1.5M 0.00% of portfolio	1.46% 809.6K shares	Q3 2023 Held for 2y 2m	$6.69T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$1.3M 0.00% of portfolio	1.24% 687.5K shares	Q2 2023 Held for 2y 5m	$1.65T
P PUTNAM FL INVESTMENT MANAGEMENT CO Institution	-	$1.2M 0.02% of portfolio	1.18% 657.7K shares	Q2 2025 Held for 5 months	$6.6B
KIECKHEFER GROUP LLC RIA/Wealth	Robert Allison Kieckhefer Managing Partner	$526.3K 0.24% of portfolio	0.51% 284.5K shares	Q4 2024 Held for 11 months	$215.2M
Baird Financial Group, Inc. Private Equity	Paul Lee Schultz General Counsel	$524.9K 0.00% of portfolio	0.51% 283.7K shares	Q4 2024 Held for 11 months	$62.0B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$515.7K 0.00% of portfolio	0.50% 278.6K shares	Q1 2023 Held for 2y 8m	$1.57T
B BlackRock, Inc. Institution	-	$428.3K 0.00% of portfolio	0.42% 231.5K shares	Q3 2023 Held for 2y 2m	$5.67T
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$409.3K 0.00% of portfolio	0.40% 221.3K shares	Q3 2023 Held for 2y 2m	$691.34B

Net Capital Flow

Institutional buying and selling activity for BAER in Q3 2025

Traded: +$2.3M
Buyers: 23
Sellers: 24
Total Bought: +$3.2M
Total Sold: −$917.5K
Avg Position: $544.6K

Biggest Buyers

Institution	Net Bought	Current Position
FIRST MANHATTAN CO Institution	+$2.5M +1.3M shares	$7.1M 3.8M shares
KIECKHEFER GROUP LLC RIA/Wealth	+$203.5K +110.0K shares	$526.3K 284.5K shares
GOLDMAN SACHS GROUP INC Institution	+$144.0K +77.8K shares	$409.3K 221.3K shares
VANGUARD GROUP INC Institution	+$110.0K +59.5K shares	$1.5M 809.6K shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$65.1K +35.2K shares	$515.7K 278.6K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	+$53.0K +28.7K shares	$53.0K 28.7K shares
CLIFFORD SWAN INVESTMENT COUNSEL LLC RIA/Wealth	+$23.2K +12.5K shares	$23.2K 12.5K shares
T TWO SIGMA SECURITIES, LLC Institution	+$22.7K +12.3K shares	$22.7K 12.3K shares
NORTHERN TRUST CORP Institution	+$20.7K +11.2K shares	$125.8K 68.0K shares
WELLS FARGO & COMPANY/MN Institution	+$18.7K +10.1K shares	$28.7K 15.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
UBS Group AG Institution	−$286.5K −154.9K shares	$107.6K 58.2K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$116.0K −62.7K shares	$109.6K 59.2K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$105.6K −54.7K shares	Sold Off 0 shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$76.9K −39.8K shares	Sold Off 0 shares
J JANE STREET GROUP, LLC Institution	−$73.3K −38.0K shares	Sold Off 0 shares
Marshall Wace LLP Institution	−$44.5K −24.0K shares	$283.4K 153.2K shares
L LPL Financial LLC Institution	−$42.7K −23.1K shares	$36.5K 19.7K shares
V Virtu Financial LLC Institution	−$26.6K −13.8K shares	Sold Off 0 shares
X XTX Topco Ltd Institution	−$25.6K −13.3K shares	Sold Off 0 shares
CAPTRUST FINANCIAL ADVISORS RIA/Wealth	−$24.6K −13.3K shares	$19.9K 10.8K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BAER in Q3 2025

New Positions: 6
New Value: $65.4K
Exited Positions: 10
Exited Value: $380.5K

New Positions

Institution	Position Value
CLIFFORD SWAN INVESTMENT COUNSEL LLC RIA/Wealth	$23.2K 12.5K shares
T TWO SIGMA SECURITIES, LLC Institution	$22.7K 12.3K shares
C Coston, McIsaac & Partners Institution	$11.7K 6.3K shares
P Point72 Asia Pte. Ltd. Institution	$7.3K 3.9K shares
Point72 Ltd RIA/Wealth	$315.0 170.0 shares
SRS Capital Advisors, Inc. RIA/Wealth	$266.0 144.0 shares

Exited Positions

Institution	Previous Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$105.6K 54.7K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$76.9K 39.8K shares
J JANE STREET GROUP, LLC Institution	$73.3K 38.0K shares
V Virtu Financial LLC Institution	$26.6K 13.8K shares
X XTX Topco Ltd Institution	$25.6K 13.3K shares
CITIGROUP INC Institution	$22.0K 11.4K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	$19.9K 10.3K shares
W WILEY BROS.-AINTREE CAPITAL, LLC Institution	$19.3K 10.0K shares
T Tower Research Capital LLC Institution	$9.6K 5.0K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$1.6K 821.0 shares

Options Activity

Institutions with the largest Call and Put options positions in BAER as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with BAER as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
KIECKHEFER GROUP LLC RIA/Wealth	Robert Allison Kieckhefer Managing Partner	0.24% $526.3K	0.51% 284.5K shares	Q4 2024 Held for 11 months	$215.2M
H HighMark Wealth Management LLC RIA/Wealth	Todd Edward Arens Managing Partner	0.09% $203.8K	0.20% 110.2K shares	Q4 2024 Held for 11 months	$227.1M
Blackstone Group L.P. Institution	Jonathan D. Gray President	0.08% $17.8M	17.33% 9.6M shares	Q1 2023 Held for 2y 8m	$23.2B
Peterson Wealth Advisors, LLC RIA/Wealth	Scott Martin Peterson Managing Partner	0.06% $401.3K	0.42% 233.3K shares	Q1 2024 Held for 1y 8m	$668.6M
FIRST MANHATTAN CO Institution	Zachary A Wydra CEO	0.02% $7.1M	6.92% 3.8M shares	Q1 2023 Held for 2y 8m	$37.6B
P PUTNAM FL INVESTMENT MANAGEMENT CO Institution	-	0.02% $1.2M	1.18% 657.7K shares	Q2 2025 Held for 5 months	$6.6B
SCRATCH CAPITAL LLC RIA/Wealth	Andrew Michael Lunt Managing Partner	0.02% $25.2K	0.02% 13.6K shares	Q4 2024 Held for 11 months	$148.2M
Mill Creek Capital Advisors, LLC RIA/Wealth	Joshua Stirling Gross CEO	0.01% $360.6K	0.35% 194.9K shares	Q3 2024 Held for 1y 2m	$4.9B
Centiva Capital, LP Hedge Fund•Multi-Strategy	Timothy Michael Higgins CFO	0.00% $53.0K	0.05% 28.7K shares	Q3 2025 Held for 2 months	$1.1B
F First PREMIER Bank Institution	-	0.00% $18.5K	0.02% 10.0K shares	Q4 2024 Held for 11 months	$421.2M