Bitcoin Depot
BTM was delisted on the 22nd of May, 2026.
28 hedge funds and large institutions have $2.69M invested in Bitcoin Depot in 2026 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 28 closing their positions.
3,964% more call options, than puts
Call options by funds: $569K | Put options by funds: $14K
17.31% more ownership
Funds ownership: 4.23% → 21.54% (+17%)
44% less funds holding
Funds holding: 50 → 28 (-22)
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
71% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 28
80% less capital invested
Capital invested by funds: $13.5M → $2.69M (-$10.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
+$1.76M |
| 2 |
Man Group
London,
United Kingdom
|
+$113K |
| 3 |
HF
HRT Financial
New York
|
+$91.5K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$77.6K |
| 5 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$27.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Sabby Management
Miami Beach,
Florida
|
-$1.29M |
| 2 |
WCP
Welch Capital Partners
Harrison,
New York
|
-$1.21M |
| 3 |
Renaissance Technologies
New York
|
-$294K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$228K |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
-$210K |
BTM Hedge Fund Activity: Q1 2026 in Review
28 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Bitcoin Depot (BTM) for Q1 2026, worth a combined $2.69M — down 80% from $13.5M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of BTM and 8 opened new positions — a net loss of 20 holders — while 13 trimmed existing stakes and 6 added.
The largest buyer was Owl Creek Asset Management, adding an estimated $1.76M. The largest seller was Sabby Management, exiting entirely with an estimated $1.29M sold.
- 28 institutional investors held Bitcoin Depot (BTM) as of Q1 2026, down from 50 in Q4 2025.
- Funds reported $2.69M of Bitcoin Depot stock for Q1 2026, down 80% quarter-over-quarter.
- 8 funds opened new Bitcoin Depot positions in Q1 2026 and 28 closed out, a net change of -20 holders.
- The largest Bitcoin Depot buyer in Q1 2026 was Owl Creek Asset Management, an estimated $1.76M added.
- The largest Bitcoin Depot seller in Q1 2026 was Sabby Management, an estimated $1.29M sold.
Based on aggregated 13F filings for Q1 2026.