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ProShares Bitcoin Strategy ETF

153 hedge funds and large institutions have $248M invested in ProShares Bitcoin Strategy ETF in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 39 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more call options, than puts

Call options by funds: $91.2M | Put options by funds: $58.6M

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

26% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 39

5% less funds holding

Funds holding: 161153 (-8)

18.88% less ownership

Funds ownership: 46.35%27.47% (-19%)

20% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 25

49% less capital invested

Capital invested by funds: $483M → $248M (-$234M)

Holders
153
Holders Change
-8
Holders Change %
-4.97%
% of All Funds
2.43%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
20
Increased
49
Reduced
39
Closed
25
Calls
$91.2M
Puts
$58.6M
Net Calls
+$32.6M
Net Calls Change
+$53.4M
Name Holding Trade Value Shares
Change
Change in
Stake
PFO
76
Pathstone Family Office
New Jersey
$139K +$117 +8 +0.1%
EPA
77
Element Pointe Advisors
Florida
$138K
MPWT
78
MassMutual Private Wealth & Trust
Connecticut
$108K -$88 -6 -0.1%
HT
79
Headlands Technologies
Illinois
$99.2K +$105K +7,181 New
SOS
80
Silver Oak Securities
Tennessee
$71K -$2.5M -170,820 -97%
UBS Group
81
UBS Group
Switzerland
$55.4K -$264 -18 -0.4%
Qube Research & Technologies (QRT)
82
Qube Research & Technologies (QRT)
United Kingdom
$49.7K +$52.7K +3,600 New
William Blair & Company
83
William Blair & Company
Illinois
$40.5K +$1.05K +72 +3%
LFG
84
Larson Financial Group
Missouri
$37.3K +$1.64K +112 +4%
Osaic Holdings
85
Osaic Holdings
Arizona
$37K -$23.4K -1,599 -37%
OP
86
ORG Partners
Indiana
$29.8K -$57.8K -3,948 -65%
CFB
87
Cullen/Frost Bankers
Texas
$27.6K
RA
88
Rise Advisors
New York
$27.3K +$1.83K +125 +7%
MFT
89
Moisand Fitzgerald Tamayo
Florida
$26.6K
GWANC
90
Guardian Wealth Advisors (North Carolina)
North Carolina
$24K -$1.89K -129 -7%
MIM
91
Macroview Investment Management
Maryland
$23.7K -$1.25K -85 -5%
CMA
92
Cedar Mountain Advisors
Oregon
$21.1K +$454 +31 +2%
SIC
93
Salem Investment Counselors
North Carolina
$17.3K
IA
94
IFP Advisors
Florida
$17.2K
Bank of Montreal
95
Bank of Montreal
Ontario, Canada
$16.1K
MCM
96
Manchester Capital Management
Vermont
$14.8K
US Bancorp
97
US Bancorp
Minnesota
$14.5K -$73 -5 -0.5%
Fifth Third Bancorp
98
Fifth Third Bancorp
Ohio
$13.8K
EWA
99
EverSource Wealth Advisors
Alabama
$12.8K +$322 +22 +2%
AF
100
Allworth Financial
California
$10.6K -$190 -13 -2%

BITO Hedge Fund Activity: Q3 2023 in Review

153 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in ProShares Bitcoin Strategy ETF (BITO) for Q3 2023, worth a combined $248M — down 49% from $483M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of BITO and 20 opened new positions — a net loss of 5 holders — while 39 trimmed existing stakes and 49 added.

The largest buyer was Acorns Advisers, adding an estimated $3.06M. The largest seller was Goldman Sachs, cutting an estimated $72.2M.

  • 153 institutional investors held ProShares Bitcoin Strategy ETF (BITO) as of Q3 2023, down from 161 in Q2 2023.
  • Funds reported $248M of ProShares Bitcoin Strategy ETF stock for Q3 2023, down 49% quarter-over-quarter.
  • 20 funds opened new ProShares Bitcoin Strategy ETF positions in Q3 2023 and 25 closed out, a net change of -5 holders.
  • The largest ProShares Bitcoin Strategy ETF buyer in Q3 2023 was Acorns Advisers, an estimated $3.06M added.
  • The largest ProShares Bitcoin Strategy ETF seller in Q3 2023 was Goldman Sachs, an estimated $72.2M sold.

Based on aggregated 13F filings for Q3 2023.