BigBear.ai

BBAI • NYSE

BigBear.ai is a information technology services company in the technology sector on NYSE, led by Kevin McAleenan, with a market cap of $3.1B. As of Q3 2025, 37% of shares are held by 305 institutional investors, with VANGUARD GROUP INC as the largest holder at 7.45%.

Chief Executive OfficerKevin McAleenan

Market Cap$3.1B

Information Technology Services

Technology

Employees480.0

Websitebigbear.ai

Country

United States of America

Overview

Overview of institutional ownership in BBAI as of Q3 2025 with a market cap of $2.4B

All Institutions

Institutions: 305
Value Held: $902.9M
Shares Held: 138.6M
Avg Position: $3.0M
Median Position: $142.6K

Hedge Funds

Hedge Funds: 24
Value Held: $136.4M
Shares Held: 20.9M
Avg Position: $5.7M
Median Position: $1.5M

Ownership Breakdown

Institutional (non-HF)

31.71%

$766.5M

Hedge Funds

5.64%

$136.4M

Retail & Other

62.64%

$1.5B

Based on market cap of $2.4B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BBAI as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$180.0M 0.00% of portfolio	7.45% 27.6M shares	Q1 2023 Held for 2y 8m	$6.69T
B BlackRock, Inc. Institution	-	$154.9M 0.00% of portfolio	6.41% 23.8M shares	Q2 2023 Held for 2y 5m	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$50.2M 0.00% of portfolio	2.08% 7.7M shares	Q2 2023 Held for 2y 5m	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$49.2M 0.00% of portfolio	2.03% 7.5M shares	Q2 2023 Held for 2y 5m	$1.57T
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$36.9M 0.03% of portfolio	1.53% 5.7M shares	Q4 2021 Held for 3y 11m	$122.08B
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	Carter Mayberry Lyons CEO	$32.0M 0.05% of portfolio	1.32% 4.9M shares	Q1 2024 Held for 1y 8m	$62.0B
UBS Group AG Institution	Sergio P. Ermotti CEO	$27.6M 0.01% of portfolio	1.14% 4.2M shares	Q4 2021 Held for 3y 11m	$511.54B
J JANE STREET GROUP, LLC Institution	-	$23.0M 0.03% of portfolio	0.95% 3.5M shares	Q4 2021 Held for 3y 11m	$84.1B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$19.0M 0.00% of portfolio	0.79% 2.9M shares	Q2 2023 Held for 2y 5m	$620.51B
M MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Institution	-	$18.7M 0.03% of portfolio	0.78% 2.9M shares	Q2 2024 Held for 1y 5m	$61.8B

Net Capital Flow

Institutional buying and selling activity for BBAI in Q3 2025

Net Flow: +$48.7M
Buyers: 122
Sellers: 101
Total Bought: +$222.3M
Total Sold: −$173.6M
Avg Position: $3.3M

Biggest Buyers

Institution	Net Bought	Current Position
VANGUARD GROUP INC Institution	+$44.3M +6.8M shares	$180.0M 27.6M shares
B BlackRock, Inc. Institution	+$23.6M +3.6M shares	$154.9M 23.8M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$19.9M +3.1M shares	$32.0M 4.9M shares
UBS Group AG Institution	+$19.9M +3.0M shares	$27.6M 4.2M shares
J JANE STREET GROUP, LLC Institution	+$16.6M +2.5M shares	$23.0M 3.5M shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$16.1M +2.5M shares	$49.2M 7.5M shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$13.9M +2.1M shares	$19.0M 2.9M shares
STATE STREET CORP Institution	+$9.3M +1.4M shares	$50.2M 7.7M shares
R ROYAL BANK OF CANADA Institution	+$7.6M +1.2M shares	$15.2M 2.3M shares
MORGAN STANLEY RIA/Wealth	+$6.8M +1.0M shares	$18.0M 2.8M shares

Biggest Sellers

Institution	Net Sold	Current Position
J Jump Financial, LLC Institution	−$37.4M −5.5M shares	Sold Off 0 shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$21.2M −3.3M shares	$14.9M 2.3M shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$14.0M −2.2M shares	$129.9K 19.9K shares
H Headlands Technologies LLC Institution	−$12.2M −1.9M shares	$557.0K 85.4K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$9.5M −1.5M shares	$12.2M 1.9M shares
ELEVATUS WELATH MANAGEMENT RIA/Wealth	−$8.7M −1.3M shares	Sold Off 0 shares
JPMORGAN CHASE & CO Institution	−$8.5M −1.3M shares	$7.1M 1.1M shares
G GROUP ONE TRADING, L.P. Institution	−$7.4M −1.1M shares	$2.9M 448.0K shares
Caitong International Asset Management Co., Ltd RIA/Wealth	−$5.1M −788.3K shares	$50.7K 7.8K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$4.9M −750.5K shares	$36.9M 5.7M shares

Entry and Exit Activity

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

New Positions: 76
New Value: $35.4M
Exited Positions: 41
Exited Value: $64.7M

New Positions

Institution	Position Value
FIRST TRUST ADVISORS LP ETF Provider	$10.9M 1.7M shares
Trexquant Investment LP Hedge Fund•Quant	$10.0M 1.5M shares
F Fiduciary Alliance LLC Institution	$2.3M 356.8K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	$1.6M 249.3K shares
Q Quantitative Investment Management, LLC Hedge Fund•Quant Macro	$1.4M 213.2K shares
Aquatic Capital Management LLC Hedge Fund•Quant	$1.1M 171.1K shares
Y Y-Intercept Ltd Institution	$782.9K 120.1K shares
C CANTOR FITZGERALD, L. P. Institution	$753.7K 269.3K shares
S Skopos Labs, Inc. RIA/Wealth	$573.0K 87.9K shares
FourThought Financial Partners, LLC RIA/Wealth	$485.5K 74.5K shares

Exited Positions

Institution	Previous Position
J Jump Financial, LLC Institution	$37.4M 5.5M shares
ELEVATUS WELATH MANAGEMENT RIA/Wealth	$8.7M 1.3M shares
X XTX Topco Ltd Institution	$2.5M 368.9K shares
T TWO SIGMA SECURITIES, LLC Institution	$2.5M 364.5K shares
S SG Americas Securities, LLC Institution	$1.9M 281.7K shares
KIECKHEFER GROUP LLC RIA/Wealth	$1.8M 265.6K shares
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	$1.8M 258.0K shares
S Sassicaia Capital Advisers LLC Institution	$1.5M 222.4K shares
Bulltick Wealth Management, LLC RIA/Wealth	$1.4M 200.0K shares
Eqis Capital Management, Inc. RIA/Wealth	$809.2K 119.2K shares

Options Activity

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

Call Positions: 25
Call Value: $101.6M
Put Positions: 22
Put Value: $99.2M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$44.8M 68.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$22.0M 33.8K contracts
J JANE STREET GROUP, LLC Institution	$15.7M 24.0K contracts
W WOLVERINE TRADING, LLC Institution	$7.3M 11.3K contracts
S Skaana Management L.P. Hedge Fund•Convert Bond Arb	$2.6M 3.9K contracts
Walleye Trading LLC RIA/Wealth	$2.0M 3.1K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$1.9M 2.9K contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$1.7M 2.6K contracts
N NOMURA HOLDINGS INC Institution	$1.1M 1.7K contracts
C Cubist Systematic Strategies, LLC Institution	$873.7K 1.3K contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$32.6M 49.9K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$16.4M 25.1K contracts
GOLDMAN SACHS GROUP INC Institution	$15.1M 23.1K contracts
J JANE STREET GROUP, LLC Institution	$9.4M 14.4K contracts
S Skaana Management L.P. Hedge Fund•Convert Bond Arb	$7.1M 10.9K contracts
W WOLVERINE TRADING, LLC Institution	$4.7M 7.3K contracts
Walleye Trading LLC RIA/Wealth	$2.9M 4.5K contracts
OZ MANAGEMENT LP Hedge Fund•Multi-Strategy	$1.6M 2.4K contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$1.5M 2.3K contracts
Graham Capital Management, L.P. Hedge Fund•Multi-Strategy	$1.4M 2.1K contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
S Skaana Management L.P. Hedge Fund•Convert Bond Arb	Daniel Charles Katzner CIO	9.20% $6.8M	0.28% 1.0M shares	Q1 2023 Held for 2y 8m	$74.1M
ADVENT CAPITAL MANAGEMENT /DE/ Hedge Fund•Multi-Strategy	Tracy Vincent Maitland CEO	0.32% $260.8K	0.01% 40.0K shares	Q4 2024 Held for 11 months	$80.9M
SLT Holdings LLC RIA/Wealth	Zachary Stuart Brodt President	0.22% $339.0K	0.01% 52.0K shares	Q1 2025 Held for 8 months	$152.0M
K Keebeck Alpha, LP Hedge Fund	Thong Huy Nguyen CIO	0.22% $159.8K	0.01% 24.5K shares	Q3 2025 Held for 2 months	$71.9M
Q Quantitative Investment Management, LLC Hedge Fund•Quant Macro	Jaffray Piers Woodriff CEO	0.21% $1.4M	0.06% 213.2K shares	Q3 2025 Held for 2 months	$655.9M
F Fiduciary Alliance LLC Institution	-	0.16% $2.3M	0.10% 356.8K shares	Q3 2025 Held for 2 months	$1.5B
Sargent Investment Group, LLC RIA/Wealth	Teresa Marie Schafer CCO	0.15% $1.0M	0.04% 156.2K shares	Q4 2024 Held for 11 months	$698.1M
K KEYNOTE FINANCIAL SERVICES LLC RIA/Wealth	Kent David Zahner Member	0.14% $231.5K	0.01% 35.5K shares	Q1 2024 Held for 1y 8m	$164.6M
Kovack Advisors, Inc. RIA/Wealth	Melinda Sue Wolfe President	0.14% $1.4M	0.06% 222.1K shares	Q4 2024 Held for 11 months	$1.1B
M Marathon Trading Investment Management LLC Institution	-	0.13% $310.4K	0.01% 47.6K shares	Q1 2025 Held for 8 months	$232.1M

Hedge Fund Spotlight

Discover hedge funds investing in BBAI

RENAISSANCE TECHNOLOGIES LLC

Hedge Fund • Quant

Portfolio ManagerDavid Allen Lippe

Portfolio Value: $75.8B
Positions: 3,419
Last Reported: Q3 2025

Sector Allocation

Position in BigBear.ai

Market Value: $14.9M
Shares Held: 2.3M
Portfolio Weight: 0.02%
Owned Since: 2025-Q1

Top Holding	Sector	Market Value	Weight
1 Palantir Technologies Inc. PLTR	Software - Infrastructure Technology	$1.6B	2.06%
2 Nvidia NVDA	Semiconductors Technology	$1.1B	1.39%
3 Roblox RBLX	Electronic Gaming & Multimedia Technology	$953.5M	1.26%