Cipher Digital
CIFR
198 hedge funds and large institutions have $575M invested in Cipher Digital in 2025 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 85 increasing their positions, 51 reducing their positions, and 38 closing their positions.
144% more call options, than puts
Call options by funds: $16.7M | Put options by funds: $6.83M
67% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 51
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
2.96% more ownership
Funds ownership: 65.27% → 68.23% (+3%)
5% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 38
2% less funds holding
Funds holding: 202 → 198 (-4)
45% less capital invested
Capital invested by funds: $1.05B → $575M (-$478M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SoftBank Group
Tokyo,
Japan
|
+$47.5M |
| 2 |
Millennium Management
New York
|
+$18.4M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$14M |
| 4 |
Morgan Stanley
New York
|
+$10.1M |
| 5 |
HPM
Helix Partners Management
New York
|
+$9.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Samlyn Capital
New York
|
-$11.5M |
| 2 |
FFB
First Financial Bankshares
Abilene,
Texas
|
-$11.1M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$10.9M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$9.44M |
| 5 |
Two Sigma Investments
New York
|
-$5.51M |
CIFR Hedge Fund Activity: Q1 2025 in Review
198 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Cipher Digital (CIFR) for Q1 2025, worth a combined $575M — down 45% from $1.05B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CIFR and 36 opened new positions — a net loss of 2 holders — while 51 trimmed existing stakes and 85 added.
The largest buyer was SoftBank Group, opening a new position worth an estimated $47.5M. The largest seller was Samlyn Capital, exiting entirely with an estimated $11.5M sold.
- 198 institutional investors held Cipher Digital (CIFR) as of Q1 2025, down from 202 in Q4 2024.
- Funds reported $575M of Cipher Digital stock for Q1 2025, down 45% quarter-over-quarter.
- 36 funds opened new Cipher Digital positions in Q1 2025 and 38 closed out, a net change of -2 holders.
- The largest Cipher Digital buyer in Q1 2025 was SoftBank Group, an estimated $47.5M added.
- The largest Cipher Digital seller in Q1 2025 was Samlyn Capital, an estimated $11.5M sold.
Based on aggregated 13F filings for Q1 2025.