Spear Advisors’s TeraWulf WULF Stock Holding History

Spear Advisors’s Portfolio WULF Stock Details WULF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$13.8M	Sell	557,731 -116,475	-17%	-$2.68M	4.73%	8
2026 Q1	$9.73M	Buy	674,206 +97,608	+17%	+$1.45M	7.24%	4
2025 Q4	$6.63M	Buy	+576,598	New	+$7.73M	4.64%	9

Other funds holding WULF

LPC

Lone Pine Capital Greenwich, Connecticut $16.4B AUM 99.7% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

VARA

Value Aligned Research Advisors Princeton, New Jersey $40.1B AUM 376.19% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Scoggin Management New York $935M AUM 301.8% 1-Year Est. Return

Spear Advisors's WULF Position: Q2 2026 in Review

Spear Advisors reduced its TeraWulf (WULF) stake by 17% in Q2 2026, selling an estimated $2.68M and leaving 557,731 shares worth $13.8M. The position accounts for 4.73% of the portfolio, ranked #8.

Spear Advisors first reported a position in WULF in Q4 2025 and has held it in 3 quarters since. 499 funds tracked by Wall St. Rank hold WULF as of Q2 2026.

Spear Advisors held 557,731 shares of TeraWulf worth $13.8M as of Q2 2026.
Spear Advisors sold 116,475 TeraWulf shares in Q2 2026, an estimated $2.68M.
TeraWulf made up 4.73% of Spear Advisors's portfolio in Q2 2026, its #8 holding.
Spear Advisors first reported a position in TeraWulf in Q4 2025 and has held it in 3 quarters since.
499 funds tracked by Wall St. Rank held TeraWulf as of Q2 2026.

Based on Spear Advisors's 13F filing for Q2 2026, filed 14 Aug 2026.