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BDCIU

BTC Development Corp Unit
BDCIU

65 hedge funds and large institutions have $242M invested in BTC Development Corp Unit in 2025 Q3 according to their latest regulatory filings, with 65 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
65
Holders Change
+65
Holders Change %
–
% of All Funds
0.85%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
65
Increased
–
Reduced
–
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
MC
Meteora Capital
Florida
+$22.2M
2
GCL
Glazer Capital LLC
New York
+$15.4M
3
AA
AQR Arbitrage
Connecticut
+$11.4M
4
LA
Linden Advisors
New York
+$11.4M
5
LP
LMR Partners
United Kingdom
+$11.4M

Top Sellers

No sellers this quarter
Name Holding Trade Value Shares
Change 		Change in
Stake
ASM
51
ATW SPAC Management
New York
$555K +$555K +54,988 New
BFM
52
Boothbay Fund Management
New York
$555K +$555K +54,988 New
CA
53
Crossingbridge Advisors
New York
$505K +$505K +50,000 New
SSA
54
Schonfeld Strategic Advisors
New York
$505K +$505K +50,000 New
SM
55
Scoggin Management
New York
$505K +$505K +50,000 New
WCMNY
56
Westchester Capital Management (New York)
New York
$505K +$505K +50,000 New
JP Morgan Chase
57
JP Morgan Chase
New York
$323K +$323K +32,000 New
VF
58
Virtu Financial
New York
$268K +$268K +26,548 New
SIM
59
Sandia Investment Management
Massachusetts
$202K +$202K +20,000 New
PMAM
60
Picton Mahoney Asset Management
Ontario, Canada
$202K +$202K +20,000 New
QL
61
Quarry LP
New York
$202K +$202K +20,000 New
RAM
62
Readystate Asset Management
Illinois
$202K +$202K +20,000 New
WAM
63
Wolverine Asset Management
Illinois
$202K +$202K +20,000 New
Calamos Advisors
64
Calamos Advisors
Illinois
$199K +$199K +19,683 New
WAM
65
Warberg Asset Management
Illinois
$192K +$192K +19,000 New
1 2
3

BDCIU Hedge Fund Activity: Q3 2025 in Review

65 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in BTC Development Corp Unit (BDCIU) for Q3 2025, worth a combined $242M.

Buyers outnumbered sellers: 65 funds opened new BDCIU positions and 0 closed out — a net gain of 65 holders — while 0 added to existing stakes and 0 trimmed.

The largest buyer was Meteora Capital, opening a new position worth an estimated $22.2M.

  • 65 institutional investors held BTC Development Corp Unit (BDCIU) as of Q3 2025, up from 0 in Q2 2025.
  • Funds reported $242M of BTC Development Corp Unit stock for Q3 2025.
  • 65 funds opened new BTC Development Corp Unit positions in Q3 2025 and 0 closed out, a net change of +65 holders.
  • The largest BTC Development Corp Unit buyer in Q3 2025 was Meteora Capital, an estimated $22.2M added.

Based on aggregated 13F filings for Q3 2025.