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Stephen Mandel’s TeraWulf WULF Stock Holding History

Stephen Mandel’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 		$596M Buy
24,144,625
+4,223,195
+21% +$97.1M 3.65% 14
2026
Q1 		$287M Buy
+19,921,430
New +$295M 2.29% 23
2025
Q1 		– Sell
-1,480,928
Closed -$8.38M – 35
2024
Q4 		$8.38M Sell
1,480,928
-1,586,868
-52% -$10.2M 0.06% 29
2024
Q3 		$14.4M Buy
+3,067,796
New +$13.9M 0.11% 27

Other funds holding WULF

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Vanguard Portfolio Management
Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
Fidelity Investments
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
Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return
Two Sigma Investments
Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return
SM
Scoggin Management New York $935M AUM 301.8% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Stephen Mandel's WULF Position: Q2 2026 in Review

Stephen Mandel increased its TeraWulf (WULF) stake by 21% in Q2 2026, buying an estimated $97.1M and bringing the position to 24,144,625 shares worth $596M. The position accounts for 3.65% of the portfolio, ranked #14.

Stephen Mandel first reported a position in WULF in Q3 2024 and has held it in 4 quarters since. 499 funds tracked by Wall St. Rank hold WULF as of Q2 2026.

  • Stephen Mandel held 24,144,625 shares of TeraWulf worth $596M as of Q2 2026.
  • Stephen Mandel bought 4,223,195 TeraWulf shares in Q2 2026, an estimated $97.1M.
  • TeraWulf made up 3.65% of Stephen Mandel's portfolio in Q2 2026, its #14 holding.
  • Stephen Mandel first reported a position in TeraWulf in Q3 2024 and has held it in 4 quarters since.
  • 499 funds tracked by Wall St. Rank held TeraWulf as of Q2 2026.

Based on Lone Pine Capital's 13F filing for Q2 2026, filed 14 Aug 2026.