Cipher Digital
CIFR
371 hedge funds and large institutions have $3.99B invested in Cipher Digital in 2026 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 141 increasing their positions, 92 reducing their positions, and 71 closing their positions.
204% more call options, than puts
Call options by funds: $1.37B | Put options by funds: $451M
53% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 92
31% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 71
5% more funds holding
Funds holding: 355 → 371 (+16)
0.38% less ownership
Funds ownership: 77% → 76.62% (-0.38%)
11% less capital invested
Capital invested by funds: $4.49B → $3.99B (-$496M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VARA
Value Aligned Research Advisors
Princeton,
New Jersey
|
+$56.3M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$48.8M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$37.1M |
| 4 |
Renaissance Technologies
New York
|
+$30.1M |
| 5 |
TSC
Two Seas Capital
Rye,
New York
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
Situational Awareness
San Francisco,
California
|
-$155M |
| 2 |
Voloridge Investment Management
Jupiter,
Florida
|
-$81.4M |
| 3 |
Jane Street
New York
|
-$79.1M |
| 4 |
Morgan Stanley
New York
|
-$32.7M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$28.2M |
CIFR Hedge Fund Activity: Q1 2026 in Review
371 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Cipher Digital (CIFR) for Q1 2026, worth a combined $3.99B — down 11% from $4.49B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new CIFR positions and 71 closed out — a net gain of 22 holders — while 141 added to existing stakes and 92 trimmed.
The largest buyer was Value Aligned Research Advisors, adding an estimated $56.3M. The largest seller was Situational Awareness, exiting entirely with an estimated $155M sold.
- 371 institutional investors held Cipher Digital (CIFR) as of Q1 2026, up from 355 in Q4 2025.
- Funds reported $3.99B of Cipher Digital stock for Q1 2026, down 11% quarter-over-quarter.
- 93 funds opened new Cipher Digital positions in Q1 2026 and 71 closed out, a net change of +22 holders.
- The largest Cipher Digital buyer in Q1 2026 was Value Aligned Research Advisors, an estimated $56.3M added.
- The largest Cipher Digital seller in Q1 2026 was Situational Awareness, an estimated $155M sold.
Based on aggregated 13F filings for Q1 2026.