BTC Development Corp Warrant
BDCIW
37 hedge funds and large institutions have $2.22M invested in BTC Development Corp Warrant in 2026 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
12.9% more ownership
Funds ownership: 72.46% → 85.36% (+13%)
6% more funds holding
Funds holding: 35 → 37 (+2)
22% less capital invested
Capital invested by funds: $2.85M → $2.22M (-$631K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$242K |
| 2 |
HCI
Harraden Circle Investments
New York
|
+$134K |
| 3 |
DAM
Decagon Asset Management
London,
United Kingdom
|
+$12.5K |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$7.41K |
| 5 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$6.51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$17.9K |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$15.2K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$136 |
| 4 |
CS
Clear Street
New York
|
-$54 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
26
Rivernorth Capital Management
West Palm Beach,
Florida
| $21K | – | – | – |
|
27
BNP Paribas Financial Markets
Paris,
France
| $20.8K | – | – | – |
|
|
MTCM
28
Mint Tower Capital Management
Amsterdam,
Netherlands
| $18K | – | – | – |
|
|
RCM
29
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| $17.7K | – | – | – |
|
30
Hudson Bay Capital Management
Stamford,
Connecticut
| $12.9K | – | – | – |
|
|
DAM
31
DLD Asset Management
New York
| $8.81K | – | – | – |
|
|
WA
32
Whitebox Advisors
Minneapolis,
Minnesota
| $8.81K | – | – | – |
|
|
BI
33
Bulldog Investors
Saddle Brook,
New Jersey
| $5.8K | -$136 | -305 | -2% |
|
|
AAP
34
Arax Advisory Partners
Denver,
Colorado
| $5.14K | +$6.51K | +14,587 | New |
|
|
SSA
35
Schonfeld Strategic Advisors
New York
| $4.4K | – | – | – |
|
|
PMAM
36
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| $1.76K | – | – | – |
|
|
WAM
37
Wolverine Asset Management
Chicago,
Illinois
| $1.76K | – | – | – |
|
|
WRBC
38
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$17.9K | -37,204 | Closed |
|
BDCIW Hedge Fund Activity: Q2 2026 in Review
37 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in BTC Development Corp Warrant (BDCIW) for Q2 2026, worth a combined $2.22M — down 22% from $2.85M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BDCIW positions and 1 closed out — a net gain of 2 holders — while 5 added to existing stakes and 3 trimmed.
The largest buyer was Meteora Capital, opening a new position worth an estimated $242K. The largest seller was W.R. Berkley Corp, exiting entirely with an estimated $17.9K sold.
- 37 institutional investors held BTC Development Corp Warrant (BDCIW) as of Q2 2026, up from 35 in Q1 2026.
- Funds reported $2.22M of BTC Development Corp Warrant stock for Q2 2026, down 22% quarter-over-quarter.
- 3 funds opened new BTC Development Corp Warrant positions in Q2 2026 and 1 closed out, a net change of +2 holders.
- The largest BTC Development Corp Warrant buyer in Q2 2026 was Meteora Capital, an estimated $242K added.
- The largest BTC Development Corp Warrant seller in Q2 2026 was W.R. Berkley Corp, an estimated $17.9K sold.
Based on aggregated 13F filings for Q2 2026.