Who owns Bridger Aerospace Group Holdings, Inc. Common Stock (BAER)
Which tracked institutional funds hold BAER, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BAER company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on BAER is one-sided between 2026-Q1 and 2026-Q2: 2 added or opened and 6 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
BAER’s largest tracked holder by dollar value, TENOR CAPITAL MANAGEMENT Co., L.P., sizes it at 1.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BAER divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 77 tracked filers holding BAER, 23 increased or opened the position and 41 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in BAER between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 1
- Pathstone Holdings, LLC$569K
Full exits 3
- TENOR CAPITAL MANAGEMENT Co., L.P.$107M
- Enclave Advisors LLC$603K
- Mill Creek Capital Advisors, LLC$586K
Largest adds
- Cerity Partners LLC$4M
Largest trims
- Blackstone Inc.$577K
- JANE STREET GROUP, LLC$536K
- LMR Partners LLP$256K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Blackstone Inc. | 9,624,610 | $18M | 9.0% | 2026-Q2 |
| FIRST MANHATTAN CO. LLC. added | 6,020,430 | $12M | 5.6% | 2026-Q2 |
| Cerity Partners LLC added | 2,445,657 | $5M | 2.3% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 1,219,770 | $2M | 1.1% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 868,374 | $2M | 0.8% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 326,305 | $627K | 0.3% | 2026-Q2 |
| LMR Partners LLP trimmed | 2,223,836 | $623K | 0.3% | 2026-Q2 |
| Pathstone Holdings, LLC new | 296,192 | $569K | 0.3% | 2026-Q2 |
| BlackRock, Inc. added | 291,470 | $560K | 0.3% | 2026-Q2 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 255,583 | $491K | 0.2% | 2026-Q2 |
| ARISTEIA CAPITAL, L.L.C. | 1,604,853 | $449K | 0.2% | 2026-Q2 |
| Peterson Wealth Advisors, LLC | 233,323 | $448K | 0.2% | 2026-Q2 |
| HighMark Wealth Management LLC added | 220,162 | $365K | 0.2% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 181,987 | $349K | 0.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 175,241 | $336K | 0.2% | 2026-Q2 |
| KIECKHEFER GROUP LLC trimmed | 168,366 | $323K | 0.2% | 2026-Q2 |
| TORONTO DOMINION BANK added | 902,592 | $253K | 0.1% | 2026-Q2 |
| STATE STREET CORP | 101,280 | $194K | 0.1% | 2026-Q2 |
| Oasis Management Co Ltd. | 100,000 | $192K | 0.1% | 2026-Q2 |
| XTX Topco Ltd added | 87,724 | $168K | 0.1% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 59,136 | $114K | 0.1% | 2026-Q2 |
| Clear Street Group Inc. trimmed | 352,122 | $99K | 0.0% | 2026-Q2 |
| Apollon Wealth Management, LLC | 39,000 | $75K | 0.0% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 36,403 | $70K | 0.0% | 2026-Q2 |
| Ruggaard & Associates LLC new | 29,955 | $58K | 0.0% | 2026-Q2 |
| UBS Group AG trimmed | 29,217 | $56K | 0.0% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new | 28,578 | $55K | 0.0% | 2026-Q2 |
| Davidson Kempner Capital Management LP | 195,399 | $55K | 0.0% | 2026-Q2 |
| Centiva Capital, LP trimmed | 27,849 | $53K | 0.0% | 2026-Q2 |
| Corient Private Wealth LP new | 27,780 | $53K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 25,934 | $50K | 0.0% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 25,750 | $49K | 0.0% | 2026-Q2 |
| Private Advisor Group, LLC new | 25,000 | $48K | 0.0% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 24,930 | $48K | 0.0% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 158,352 | $44K | 0.0% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 22,642 | $43K | 0.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 25,007 | $43K | 0.0% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 16,305 | $31K | 0.0% | 2026-Q2 |
| FMR LLC trimmed | 16,006 | $31K | 0.0% | 2026-Q2 |
| CLIFFORD SWAN INVESTMENT COUNSEL LLC | 15,532 | $30K | 0.0% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 101,400 | $28K | 0.0% | 2026-Q2 |
| MOORE CAPITAL MANAGEMENT, LP | 100,000 | $28K | 0.0% | 2026-Q2 |
| Vise Technologies, Inc. new | 14,525 | $28K | 0.0% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 13,800 | $26K | 0.0% | 2026-Q2 |
| SCRATCH CAPITAL LLC | 13,600 | $26K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 13,500 | $26K | 0.0% | 2026-Q2 |
| HB Wealth Management, LLC | 13,100 | $25K | 0.0% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 12,500 | $24K | 0.0% | 2026-Q2 |
| Greenland Capital Management LP | 85,546 | $24K | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 10,000 | $19K | 0.0% | 2026-Q2 |
| Elequin Capital, LP | 47,317 | $13K | 0.0% | 2026-Q2 |
| WHITEBOX ADVISORS LLC | 41,500 | $12K | 0.0% | 2026-Q2 |
| Sculptor Capital LP trimmed | 39,240 | $11K | 0.0% | 2026-Q2 |
| CSS LLC/IL | 36,478 | $10K | 0.0% | 2026-Q2 |
| PEAK6 LLC trimmed | 30,000 | $8K | 0.0% | 2026-Q2 |
| Vanguard Global Advisers, LLC | 4,348 | $8K | 0.0% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 28,551 | $8K | 0.0% | 2026-Q2 |
| Allworth Financial LP | 4,000 | $8K | 0.0% | 2026-Q2 |
| Calamos Advisors LLC | 25,000 | $7K | 0.0% | 2026-Q2 |
| Arax Advisory Partners added | 2,491 | $5K | 0.0% | 2026-Q2 |
| FEDERATED HERMES, INC. trimmed | 2,094 | $4K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc | 2,000 | $4K | 0.0% | 2026-Q2 |
| Burk Holdings LLC | 2,000 | $4K | 0.0% | 2026-Q2 |
| MORGAN STANLEY added | 1,915 | $4K | 0.0% | 2026-Q2 |
| Saba Capital Management, L.P. trimmed | 11,445 | $3K | 0.0% | 2026-Q2 |
| SBI Securities Co., Ltd. added | 1,547 | $3K | 0.0% | 2026-Q2 |
| TWO SIGMA SECURITIES, LLC trimmed | 10,599 | $3K | 0.0% | 2026-Q2 |
| WOLVERINE ASSET MANAGEMENT LLC | 1,152 | $2K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC new | 1,000 | $2K | 0.0% | 2026-Q2 |
| NISA INVESTMENT ADVISORS, LLC | 522 | $1K | 0.0% | 2026-Q2 |
| Russell Investments Group, Ltd. | 468 | $899 | 0.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 330 | $634 | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 159 | $286 | 0.0% | 2026-Q2 |
| NewEdge Advisors, LLC new | 100 | $192 | 0.0% | 2026-Q2 |
| Private Wealth Management Group, LLC | 30 | $58 | 0.0% | 2026-Q2 |
| Caitong International Asset Management Co., Ltd trimmed | 3 | $6 | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 48 | — | 0.0% | 2026-Q2 |
| TENOR CAPITAL MANAGEMENT Co., L.P. | 274,854 | $107M | 52.1% | 2026-Q1 stale (1 quarter behind) |
| Enclave Advisors LLC new | 304,506 | $603K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Mill Creek Capital Advisors, LLC added | 296,192 | $586K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Walleye Capital LLC trimmed | 216,325 | $428K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| BANK OF AMERICA CORP /DE/ added | 104,617 | $207K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| ALGERT GLOBAL LLC new | 75,050 | $149K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| OMERS ADMINISTRATION Corp new | 75,000 | $148K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Athos Capital Ltd | 66,062 | $131K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Kingsview Wealth Management, LLC added | 35,000 | $69K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Stanley-Laman Group, Ltd. | 28,575 | $57K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Catalyst Funds Management Pty Ltd new | 21,300 | $42K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| MERCER GLOBAL ADVISORS INC /ADV new | 19,962 | $40K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| VANGUARD GROUP INC added | 1,311,999 | $2M | 1.2% | 2025-Q4 stale (2 quarters behind) |
| Baird Financial Group, Inc. trimmed | 228,845 | $419K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| Driehaus Capital Management LLC | 620,220 | $124K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| CITADEL ADVISORS LLC trimmed | 31,601 | $58K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Dynamic Technology Lab Private Ltd trimmed | 26,005 | $48K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| MILLENNIUM MANAGEMENT LLC trimmed | 22,919 | $42K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| LPL Financial LLC trimmed | 18,863 | $35K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| FLPUTNAM INVESTMENT MANAGEMENT CO | 657,702 | $1M | 0.6% | 2025-Q3 stale (3 quarters behind) |
| Clear Street Derivatives LLC | 586,117 | $45M | 22.1% | 2025-Q2 stale (4 quarters behind) |
| AQR CAPITAL MANAGEMENT LLC new | 39,832 | $77K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CLEAR STREET LLC trimmed | 472,012 | $37K | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.