$BKHA

$4.94 -$0.46 (8.52%) Close

$BKHA Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 4.2M shares outstanding

Who owns BKHA?

By type of holder

Institutions 56.0% Everyone else 44.0%

No insider has reported a holding in the last two years, so insiders are counted in "Everyone else".

Concentration Top 10 holders own 49.6%

Mizuho Securities USA LLC 18.0% · Wolverine Asset Management LLC 8.0%

Institutional ownership

56.0%

+8.8 pts vs last qtr

Institutional holders

-1 vs last qtr

Net shares bought

+365.4K

by institutions in Q2 2026

New / sold out

1 / 2

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Mizuho Securities USA LLC +373.8K
Logan Stone Capital, LLC NEW +13.4K

Biggest sellers in Q2 2026

Meteora Capital, LLC −25.0K
Wolverine Asset Management LLC −9.6K

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for Black Hawk Acquisition Corp in the last 12 months.

Is your stake being diluted?

There are not yet two fiscal years of reported share counts for Black Hawk Acquisition Corp.

How patient are the owners?

Institutional shares by how long they've been held

5+ years0% 3–5 years0% 1–3 years89% Under 1 year11%

Quarterly turnover

11.1%

of institutional shares changed hands

Top 10 managers, median time held

2 years

Super Investors

Investment managers reporting BKHA on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
MS Mizuho Securities USA LLC	747.6K	18.00%	+373.8K (+100.0%)	2025	0.1%
Shares held by quarter Peak holding750.0K (Q2'25) Change over 8 quarters+747.6K Share of the company18.000% Mizuho Securities USA LLC's full portfolio →
WA Wolverine Asset Management LLC	331.2K	7.97%	−9.6K (−2.8%)	2024	0.0%
Shares held by quarter Peak holding358.9K (Q3'25) Change over 8 quarters+218.0K Share of the company7.970% Wolverine Asset Management LLC's full portfolio →

Mizuho Securities USA LLC

747.6K

% of company

18.00%

Change vs last qtr

+373.8K (+100.0%)

Held since

2025

Wolverine Asset Management LLC

331.2K

% of company

7.97%

Change vs last qtr

−9.6K (−2.8%)

Held since

2024

23 more super investors behind a free account

See every manager holding Black Hawk Acquisition Corp, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting BKHA on Form N-PORT; together they hold 21.8% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
FT First Trust Merger Arbitrage Fund Investment Managers Series Trust II	$6.44M	611.0K	14.71%	0.43%	March 31, 2025
FT First Trust Alternative Opportunities Fund First Trust Alternative Opportunities Fund	$1.33M	126.0K	3.03%	0.05%	March 31, 2025

First Trust Merger Arbitrage Fund

Investment Managers Series Trust II

Position value

$6.44M

% of company

14.71%

% of the fund

0.43%

As of

March 31, 2025

First Trust Alternative Opportunities Fund

Position value

$1.33M

% of company

3.03%

% of the fund

0.05%

As of

March 31, 2025

5 more funds behind a free account

See every fund holding Black Hawk Acquisition Corp and how much of the fund the position is.

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