B
Black Hawk Acquisition Corporation
BKHA • NASDAQ
Black Hawk Acquisition Corporation is a shell companies company in the financial services sector on NASDAQ, with a market cap of $46.7M. As of Q3 2025, 39% of shares are held by 19 institutional investors, with WOLVERINE ASSET MANAGEMENT LLC as the largest holder at 8.64%.
Market Cap$46.7M
Shell Companies
Financial Services
Country
United States of America
Overview
Overview of institutional ownership in BKHA as of Q3 2025 with a market cap of $46.2M
All Institutions
- Institutions
- 19
- Value Held
- $18.1M
- Shares Held
- 1.6M
- Avg Position
- $954.9K
- Median Position
- $824.7K
Hedge Funds
- Hedge Funds
- 7
- Value Held
- $10.1M
- Shares Held
- 903.6K
- Avg Position
- $1.4M
- Median Position
- $1.1M
Ownership Breakdown
Based on market cap of $46.2M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in BKHA as of Q3 2025
| Institution | Position Value |
|---|---|
 WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | $4.0M 0.27% of portfolio |
 BERKLEY W R CORP Institution | $3.4M 0.23% of portfolio |
 CNH PARTNERS LLC Hedge Fund•Multi-Strategy | $1.6M 0.06% of portfolio |
 BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds | $1.3M 0.03% of portfolio |
A ATW SPAC MANAGEMENT LLC Institution | $1.3M 2.17% of portfolio |
 Westchester Capital Management, LLC Hedge Fund•Merger Arb | $1.1M 0.06% of portfolio |
 Meteora Capital, LLC Hedge Fund•Event Driven | $1.1M 0.15% of portfolio |
Y Yakira Capital Management, Inc. Hedge Fund•Event Driven | $1.0M 0.41% of portfolio |
D D. E. Shaw & Co., Inc. Institution | $839.3K 0.00% of portfolio |
W Warberg Asset Management LLC Hedge Fund•Multi-Strategy | $824.7K 1.63% of portfolio |
Net Capital Flow
Institutional buying and selling activity for BKHA in Q3 2025
- Traded
- −$37.0M
- Buyers
- 6
- Sellers
- 16
- Total Bought
- +$1.9M
- Total Sold
- −$38.8M
- Avg Position
- $625.6K
Biggest Buyers
| Institution | Net Bought |
|---|---|
Meteora Capital, LLC Hedge Fund•Event Driven | +$1.1M +100.0K shares |
C Crossingbridge Advisors, LLC Long Only Manager | +$588.0K +52.9K shares |
Q Quarry LP Institution | +$111.5K +10.0K shares |
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$48.6K +4.3K shares |
 TORONTO DOMINION BANK Institution | +$2.2K +201.0 shares |
 MORGAN STANLEY RIA/Wealth | +$55.6 +5.0 shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
K Karpus Management, Inc. Institution | −$10.8M −1.0M shares |
 Vivaldi Asset Management, LLC Fund of Funds | −$7.1M −670.0K shares |
CNH PARTNERS LLC Hedge Fund•Multi-Strategy | −$4.1M −365.2K shares |
 RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy | −$3.2M −301.0K shares |
Westchester Capital Management, LLC Hedge Fund•Merger Arb | −$2.2M −198.0K shares |
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds | −$2.0M −178.0K shares |
A ATW SPAC MANAGEMENT LLC Institution | −$2.0M −178.0K shares |
 TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | −$1.8M −172.2K shares |
BERKLEY W R CORP Institution | −$1.7M −153.9K shares |
 GLAZER CAPITAL, LLC Hedge Fund•Multi-Strategy | −$1.4M −131.2K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited BKHA in Q3 2025
- New Positions
- 2
- New Value
- $1.2M
- Exited Positions
- 10
- Exited Value
- $26.5M
New Positions
| Institution | Position Value |
|---|---|
Meteora Capital, LLC Hedge Fund•Event Driven | $1.1M 100.0K shares |
Q Quarry LP Institution | $111.5K 10.0K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
K Karpus Management, Inc. Institution | $10.8M 1.0M shares |
Vivaldi Asset Management, LLC Fund of Funds | $7.1M 670.0K shares |
RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy | $3.2M 301.0K shares |
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | $1.8M 172.2K shares |
GLAZER CAPITAL, LLC Hedge Fund•Multi-Strategy | $1.4M 131.2K shares |
 Centiva Capital, LP Hedge Fund•Multi-Strategy | $1.1M 100.0K shares |
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy | $371.7K 35.0K shares |
 Oakmont Partners LLC RIA/Wealth | $297.4K 28.0K shares |
 GABELLI SECURITIES INC Hedge Fund•Multi-Strategy | $248.5K 23.4K shares |
 GABELLI FUNDS LLC Long Only Manager | $238.7K 22.5K shares |
Options Activity
Institutions with the largest Call and Put options positions in BKHA 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 BKHA as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
A ATW SPAC MANAGEMENT LLC Institution | 2.17% $1.3M |
W Warberg Asset Management LLC Hedge Fund•Multi-Strategy | 1.63% $824.7K |
C Crossingbridge Advisors, LLC Long Only Manager | 0.80% $588.0K |
Y Yakira Capital Management, Inc. Hedge Fund•Event Driven | 0.41% $1.0M |
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | 0.27% $4.0M |
BERKLEY W R CORP Institution | 0.23% $3.4M |
Meteora Capital, LLC Hedge Fund•Event Driven | 0.15% $1.1M |
Westchester Capital Management, LLC Hedge Fund•Merger Arb | 0.06% $1.1M |
CNH PARTNERS LLC Hedge Fund•Multi-Strategy | 0.06% $1.6M |
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds | 0.03% $1.3M |
Hedge Fund Spotlight
Discover hedge funds investing in BKHA
W
Warberg Asset Management LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerJonathan Alan Blumberg
- Portfolio Value
- $50.4M
- Positions
- 93
- Last Reported
- Q3 2025
Sector Allocation
B
Position in Black Hawk Acquisition Corporation
- Market Value
- $824.7K
- Shares Held
- 74.2K
- Portfolio Weight
- 1.63%
- Owned Since
- 2024-Q2
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Oil & Gas Exploration & Production Energy | $11.4M | 22.59% | |
Computer Hardware Technology | $8.2M | 16.31% | |
Medical - Instruments & Supplies Healthcare | $3.3M | 6.53% |
