Fidelity Wise Origin Bitcoin Fund
FBTC
342 hedge funds and large institutions have $2.87B invested in Fidelity Wise Origin Bitcoin Fund in 2024 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 143 increasing their positions, 54 reducing their positions, and 38 closing their positions.
165% more repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 54
84% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 38
9% more funds holding
Funds holding: 313 → 342 (+29)
8% more capital invested
Capital invested by funds: $2.66B → $2.87B (+$209M)
5% more funds holding in top 10
Funds holding in top 10: 21 → 22 (+1)
0.93% less ownership
Funds ownership: 26.42% → 25.49% (-0.93%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$114M |
| 2 |
CM
Capula Management
Grand Cayman,
Cayman Islands
|
+$62.1M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$59.5M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$45M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AT
Avenir Tech
Hong Kong
|
-$205M |
| 2 |
Jane Street
New York
|
-$101M |
| 3 |
HHGC
Hunting Hill Global Capital
New York
|
-$27.9M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$19M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$15.9M |
FBTC Hedge Fund Activity: Q3 2024 in Review
342 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Fidelity Wise Origin Bitcoin Fund (FBTC) for Q3 2024, worth a combined $2.87B — up 7.9% from $2.66B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new FBTC positions and 38 closed out — a net gain of 32 holders — while 143 added to existing stakes and 54 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $114M. The largest seller was Avenir Tech, cutting an estimated $205M.
- 342 institutional investors held Fidelity Wise Origin Bitcoin Fund (FBTC) as of Q3 2024, up from 313 in Q2 2024.
- Funds reported $2.87B of Fidelity Wise Origin Bitcoin Fund stock for Q3 2024, up 7.9% quarter-over-quarter.
- 70 funds opened new Fidelity Wise Origin Bitcoin Fund positions in Q3 2024 and 38 closed out, a net change of +32 holders.
- The largest Fidelity Wise Origin Bitcoin Fund buyer in Q3 2024 was D.E. Shaw & Co, an estimated $114M added.
- The largest Fidelity Wise Origin Bitcoin Fund seller in Q3 2024 was Avenir Tech, an estimated $205M sold.
Based on aggregated 13F filings for Q3 2024.