% of shares outstanding not shown: no SEC cover-page share count falls within 120 days of the 2026-Q1 quarter end, so any percentage would rest on a count that cannot speak for this quarter. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for BAYA in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | MIZUHO SECURITIES USA LLC | 245,564245,564 | $3M | — | — |
| 2 | BERKLEY W R CORP | 149,185149,185 | $2M | — | — |
| 3 | Polar Asset Management Partners Inc. | 112,811112,811 | $1M | — | — |
| 4 | METEORA CAPITAL, LLC | 106,651106,651 | $1M | — | TRIM -46% |
| 5 | Clear Street Group Inc. | 92,66392,663 | $1M | — | ADD 178% |
| 6 | RLH Capital LLC | 86,11386,113 | $1M | — | NEW |
| 7 | Harraden Circle Investments, LLC | 70,95570,955 | $847,912 | — | — |
| 8 | Quarry LP | 61,47561,475 | $733,090 | — | — |
| 9 | MORGAN STANLEY | 4242 | $500 | — | ADD 31% |
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| MIZUHO SECURITIES USA LLC | — | — | 312K | 313K | 246K | 246K | $3M |
| BERKLEY W R CORP | 282K | 282K | 298K | 298K | 149K | 149K | $2M |
| Polar Asset Management Partners Inc. | — | — | — | — | 113K | 113K | $1M |
| METEORA CAPITAL, LLC | 123K | 445K | 335K | 335K | 197K | 107K | $1M |
| Clear Street Group Inc. | — | — | — | 1K | 33K | 93K | $1M |
| RLH Capital LLC | — | — | — | — | — | 86K | $1M |
| Harraden Circle Investments, LLC | 544K | 446K | 71K | 71K | 71K | 71K | $847,912 |
| Quarry LP | 150K | 150K | 123K | 123K | 61K | 61K | $733,090 |
| MORGAN STANLEY | — | 8 | 25 | 30 | 32 | 42 | $500 |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 9 | 925,459 | — | $11M |
| 2025-Q4 | 8 | 870,007 | — | $10M |
| 2025-Q3 | 13 | 1,645,938 | — | $19M |
| 2025-Q2 | 11 | 1,639,744 | — | $18M |
| 2025-Q1 | 17 | 3,552,517 | — | $37M |
| 2024-Q4 | 20 | 3,785,107 | — | $38M |
| 2024-Q3 | 24 | 4,430,414 | — | $48M |
| 2024-Q2 | 28 | 4,950,268 | — |
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| RLH Capital LLC | +86,113 | $1M | OPEN |
| Clear Street Group Inc. | +59,309 | $708,743 | ADD |
| MORGAN STANLEY | +10 | $120 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| METEORA CAPITAL, LLC | −89,980 | $1M | TRIM |
The 2025-Q4 register is as-filed in ITS OWN share basis; every count below was rebased into the 2026-Q1 basis (no split in between, factor 1). Dollar figures value the SHARE delta at one price — the 2026-03-31 close — rather than differencing two filings' own reported values, which would mix the quarter's price move into the trade figure.
13Fs disclose LONG US-listed positions only — shorts, most derivatives, bonds and non-US listings are invisible here, and a filer's quarter-over-quarter change is not necessarily a trade (index rebalances, in-kind transfers and entity successions all read as flow).
| $48M |
| 2024-Q1 | 27 | 4,673,047 | — | $45M |
| 2023-Q4 | 7 | 1,634,649 | — | $12M |
