DeFi Development Corp
DFDV
52 hedge funds and large institutions have $26.8M invested in DeFi Development Corp in 2025 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 14 closing their positions.
100% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 14
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
33% more funds holding
Funds holding: 39 → 52 (+13)
10% more call options, than puts
Call options by funds: $9.22M | Put options by funds: $8.36M
8.11% less ownership
Funds ownership: 24.72% → 16.61% (-8.1%)
69% less capital invested
Capital invested by funds: $86.3M → $26.8M (-$59.5M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.15M |
| 2 |
Two Sigma Investments
New York
|
+$2.62M |
| 3 |
Millennium Management
New York
|
+$2.43M |
| 4 |
JG
Jain Global
New York
|
+$2.03M |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
Pantera Capital Partners
San Francisco,
California
|
-$13.2M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$9.19M |
| 3 |
HCM
Heights Capital Management
San Francisco,
California
|
-$8.98M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$6.38M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$3.67M |
DFDV Hedge Fund Activity: Q4 2025 in Review
52 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in DeFi Development Corp (DFDV) for Q4 2025, worth a combined $26.8M — down 69% from $86.3M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new DFDV positions and 14 closed out — a net gain of 14 holders — while 16 added to existing stakes and 8 trimmed.
The largest buyer was Vanguard Group, adding an estimated $4.15M. The largest seller was Pantera Capital Partners, exiting entirely with an estimated $13.2M sold.
- 52 institutional investors held DeFi Development Corp (DFDV) as of Q4 2025, up from 39 in Q3 2025.
- Funds reported $26.8M of DeFi Development Corp stock for Q4 2025, down 69% quarter-over-quarter.
- 28 funds opened new DeFi Development Corp positions in Q4 2025 and 14 closed out, a net change of +14 holders.
- The largest DeFi Development Corp buyer in Q4 2025 was Vanguard Group, an estimated $4.15M added.
- The largest DeFi Development Corp seller in Q4 2025 was Pantera Capital Partners, an estimated $13.2M sold.
Based on aggregated 13F filings for Q4 2025.