Bullish
BLSH
172 hedge funds and large institutions have $992M invested in Bullish in 2026 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 56 increasing their positions, 68 reducing their positions, and 54 closing their positions.
2% more ownership
Funds ownership: 25.74% → 27.75% (+2%)
10% more call options, than puts
Call options by funds: $33.1M | Put options by funds: $30.2M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less funds holding
Funds holding: 201 → 172 (-29)
18% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 68
28% less capital invested
Capital invested by funds: $1.39B → $992M (-$395M)
44% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$127M |
| 2 |
Morgan Stanley
New York
|
+$15.8M |
| 3 |
VanEck Associates
New York
|
+$15.5M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
+$13.9M |
| 5 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$8.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$37.1M |
| 2 |
BlackRock
New York
|
-$27.1M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$22.3M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$7.83M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$7.67M |
BLSH Hedge Fund Activity: Q2 2026 in Review
172 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Bullish (BLSH) for Q2 2026, worth a combined $992M — down 28% from $1.39B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of BLSH and 30 opened new positions — a net loss of 24 holders — while 68 trimmed existing stakes and 56 added.
The largest buyer was Fidelity Investments, adding an estimated $127M. The largest seller was Invesco, cutting an estimated $37.1M.
- 172 institutional investors held Bullish (BLSH) as of Q2 2026, down from 201 in Q1 2026.
- Funds reported $992M of Bullish stock for Q2 2026, down 28% quarter-over-quarter.
- 30 funds opened new Bullish positions in Q2 2026 and 54 closed out, a net change of -24 holders.
- The largest Bullish buyer in Q2 2026 was Fidelity Investments, an estimated $127M added.
- The largest Bullish seller in Q2 2026 was Invesco, an estimated $37.1M sold.
Based on aggregated 13F filings for Q2 2026.