Cipher Digital
CIFR
298 hedge funds and large institutions have $3.51B invested in Cipher Digital in 2025 Q3 according to their latest regulatory filings, with 116 funds opening new positions, 101 increasing their positions, 55 reducing their positions, and 38 closing their positions.
205% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 38
157% more capital invested
Capital invested by funds: $1.37B → $3.51B (+$2.15B)
122% more call options, than puts
Call options by funds: $817M | Put options by funds: $369M
84% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 55
34% more funds holding
Funds holding: 222 → 298 (+76)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
14.38% less ownership
Funds ownership: 85.25% → 70.87% (-14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$79M |
| 2 |
Voloridge Investment Management
Jupiter,
Florida
|
+$42.3M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$40.5M |
| 4 |
VARA
Value Aligned Research Advisors
Princeton,
New Jersey
|
+$38.5M |
| 5 |
D.E. Shaw & Co
New York
|
+$29.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
V3 Holding
Rye,
New York
|
-$239M |
| 2 |
SoftBank Group
Tokyo,
Japan
|
-$49.9M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$49.4M |
| 4 |
BC
BIT Capital
Berlin,
Germany
|
-$46.3M |
| 5 |
VanEck Associates
New York
|
-$38.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OMC
326
Old Mission Capital
Chicago,
Illinois
| – | -$47.9K | -10,011 | Closed |
|
|
1WA
327
180 Wealth Advisors
Federal Way,
Washington
| – | -$47.8K | -10,000 | Closed |
|
|
CFO
328
Custos Family Office
Austin,
Texas
| – | -$47.8K | -10,000 | Closed |
|
|
BIG
329
Brooklyn Investment Group
Brooklyn,
New York
| – | -$22.1K | -4,618 | Closed |
|
|
AAG
330
Armstrong Advisory Group
Needham,
Massachusetts
| – | -$17.8K | -3,718 | Closed |
|
|
VWA
331
VSM Wealth Advisory
Hunt Valley,
Maryland
| – | -$3.58K | -750 | Closed |
|
|
HI
332
Harbour Investments
Madison,
Wisconsin
| – | -$956 | -200 | Closed |
|
|
WOC
333
West Oak Capital
Westlake Village,
California
| – | -$10 | -200 | Closed |
|
|
KGP
334
Keystone Global Partners
Denver,
Colorado
| – | -$793 | -166 | Closed |
|
|
TPWA
335
Twin Peaks Wealth Advisors
Burlingame,
California
| – | -$57 | -12 | Closed |
|
336
Raymond James Financial
St Petersburg,
Florida
| – | -$29 | -6 | Closed |
|
CIFR Hedge Fund Activity: Q3 2025 in Review
298 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Cipher Digital (CIFR) for Q3 2025, worth a combined $3.51B — up 157% from $1.37B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new CIFR positions and 38 closed out — a net gain of 78 holders — while 101 added to existing stakes and 55 trimmed.
The largest buyer was Jane Street, adding an estimated $79M. The largest seller was V3 Holding, cutting an estimated $239M.
- 298 institutional investors held Cipher Digital (CIFR) as of Q3 2025, up from 222 in Q2 2025.
- Funds reported $3.51B of Cipher Digital stock for Q3 2025, up 157% quarter-over-quarter.
- 116 funds opened new Cipher Digital positions in Q3 2025 and 38 closed out, a net change of +78 holders.
- The largest Cipher Digital buyer in Q3 2025 was Jane Street, an estimated $79M added.
- The largest Cipher Digital seller in Q3 2025 was V3 Holding, an estimated $239M sold.
Based on aggregated 13F filings for Q3 2025.