Fidelity Wise Origin Bitcoin Fund
FBTC
529 hedge funds and large institutions have $4.94B invested in Fidelity Wise Origin Bitcoin Fund in 2024 Q4 according to their latest regulatory filings, with 217 funds opening new positions, 198 increasing their positions, 70 reducing their positions, and 26 closing their positions.
735% more first-time investments, than exits
New positions opened: 217 | Existing positions closed: 26
183% more repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 70
106% more capital inflows, than outflows
Capital inflows: $1.27B | Capital outflows: $616M
54% more funds holding
Funds holding: 343 → 529 (+186)
52% more funds holding in top 10
Funds holding in top 10: 21 → 32 (+11)
0.45% more ownership
Funds ownership: 25.49% → 25.95% (+0.45%)
12% less call options, than puts
Call options by funds: $97.3M | Put options by funds: $110M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bracebridge Capital LLC
Boston,
Massachusetts
|
+$288M |
| 2 |
Goldman Sachs
New York
|
+$131M |
| 3 |
Sculptor Capital
New York
|
+$58.2M |
| 4 |
Schonfeld Strategic Advisors
New York
|
+$57M |
| 5 |
Jane Street
New York
|
+$55.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$225M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$173M |
| 3 |
Flow Traders U.S.
New York
|
-$56.3M |
| 4 |
PRA
Pine Ridge Advisers
New York
|
-$44.6M |
| 5 |
OCM
Ovata Capital Management
Hong Kong
|
-$38.2M |
FBTC Hedge Fund Activity: Q4 2024 in Review
529 of the 7,614 institutional investors tracked by Wall St. Rank reported a position in Fidelity Wise Origin Bitcoin Fund (FBTC) for Q4 2024, worth a combined $4.94B — up 72% from $2.87B a quarter earlier.
Buyers outnumbered sellers: 217 funds opened new FBTC positions and 26 closed out — a net gain of 191 holders — while 198 added to existing stakes and 70 trimmed.
The largest buyer was Bracebridge Capital LLC, opening a new position worth an estimated $288M. The largest seller was Millennium Management, cutting an estimated $225M.
- 529 institutional investors held Fidelity Wise Origin Bitcoin Fund (FBTC) as of Q4 2024, up from 343 in Q3 2024.
- Funds reported $4.94B of Fidelity Wise Origin Bitcoin Fund stock for Q4 2024, up 72% quarter-over-quarter.
- 217 funds opened new Fidelity Wise Origin Bitcoin Fund positions in Q4 2024 and 26 closed out, a net change of +191 holders.
- The largest Fidelity Wise Origin Bitcoin Fund buyer in Q4 2024 was Bracebridge Capital LLC, an estimated $288M added.
- The largest Fidelity Wise Origin Bitcoin Fund seller in Q4 2024 was Millennium Management, an estimated $225M sold.
Based on aggregated 13F filings for Q4 2024.