Fidelity Wise Origin Bitcoin Fund
FBTC
314 hedge funds and large institutions have $2.66B invested in Fidelity Wise Origin Bitcoin Fund in 2024 Q2 according to their latest regulatory filings, with 104 funds opening new positions, 127 increasing their positions, 41 reducing their positions, and 35 closing their positions.
210% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 41
197% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 35
31% more funds holding in top 10
Funds holding in top 10: 16 → 21 (+5)
27% more funds holding
Funds holding: 247 → 314 (+67)
14% more capital invested
Capital invested by funds: $2.34B → $2.66B (+$317M)
2.76% more ownership
Funds ownership: 23.66% → 26.42% (+2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Capula Management
Grand Cayman,
Cayman Islands
|
+$231M |
| 2 |
D.E. Shaw & Co
New York
|
+$95.7M |
| 3 |
Goldman Sachs
New York
|
+$86.9M |
| 4 |
Jane Street
New York
|
+$84.5M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$69.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$102M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$68.4M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$55.8M |
| 4 |
EC
Elequin Capital
New York
|
-$22.7M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$16.1M |
FBTC Hedge Fund Activity: Q2 2024 in Review
314 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Fidelity Wise Origin Bitcoin Fund (FBTC) for Q2 2024, worth a combined $2.66B — up 14% from $2.34B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new FBTC positions and 35 closed out — a net gain of 69 holders — while 127 added to existing stakes and 41 trimmed.
The largest buyer was Capula Management, opening a new position worth an estimated $231M. The largest seller was Millennium Management, cutting an estimated $102M.
- 314 institutional investors held Fidelity Wise Origin Bitcoin Fund (FBTC) as of Q2 2024, up from 247 in Q1 2024.
- Funds reported $2.66B of Fidelity Wise Origin Bitcoin Fund stock for Q2 2024, up 14% quarter-over-quarter.
- 104 funds opened new Fidelity Wise Origin Bitcoin Fund positions in Q2 2024 and 35 closed out, a net change of +69 holders.
- The largest Fidelity Wise Origin Bitcoin Fund buyer in Q2 2024 was Capula Management, an estimated $231M added.
- The largest Fidelity Wise Origin Bitcoin Fund seller in Q2 2024 was Millennium Management, an estimated $102M sold.
Based on aggregated 13F filings for Q2 2024.