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VanEck Bitcoin Trust

133 hedge funds and large institutions have $482M invested in VanEck Bitcoin Trust in 2025 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 47 increasing their positions, 26 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more call options, than puts

Call options by funds: $482K | Put options by funds: $252K

81% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 26

31% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 29

29.96% more ownership

Funds ownership: 0%29.96% (+30%)

7% more funds holding

Funds holding: 124133 (+9)

10% less capital invested

Capital invested by funds: $536M → $482M (-$53.3M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
133
Holders Change
+9
Holders Change %
+7.26%
% of All Funds
1.62%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
38
Increased
47
Reduced
26
Closed
29
Calls
$482K
Puts
$252K
Net Calls
+$230K
Net Calls Change
+$231K
Name Holding Trade Value Shares
Change
Change in
Stake
Osaic Holdings
76
Osaic Holdings
Arizona
$291K -$1.43M -50,370 -81%
SCM
77
SOL Capital Management
Maryland
$263K +$301K +10,650 New
WC
78
Waterloo Capital
Texas
$262K -$83.8K -2,959 -22%
CIBC World Market
79
CIBC World Market
Ontario, Canada
$257K +$57.5K +2,031 +24%
MWM
80
Meridian Wealth Management
Kentucky
$255K +$292K +10,330 New
BCI
81
Brinker Capital Investments
Pennsylvania
$255K -$56.7K -2,004 -16%
Bank of Montreal
82
Bank of Montreal
Ontario, Canada
$247K +$283K +10,000 New
AI
83
Atria Investments
North Carolina
$238K +$82.1K +2,899 +43%
FA
84
Flagstar Advisors
New York
$236K
KWM
85
Kingsview Wealth Management
Oregon
$234K +$56.6K +1,999 +27%
CIBC Private Wealth Group
86
CIBC Private Wealth Group
Georgia
$222K +$238K +8,401 +1,464%
BA
87
Ballew Advisors
Mississippi
$220K
BF
88
Baring Financial
Washington
$218K +$250K +8,830 New
LSA
89
L & S Advisors
California
$214K +$13.9K +490 +6%
SCP
90
Sandhill Capital Partners
New York
$208K
IWC
91
Integrated Wealth Concepts
Massachusetts
$205K -$32.9K -1,164 -12%
OC
92
Optima Capital
Oregon
$180K +$206K +7,276 New
PA
93
Parallel Advisors
California
$172K
MCM
94
MAI Capital Management
Ohio
$147K +$2.89K +102 +2%
SWP
95
Strategic Wealth Partners
Ohio
$102K +$3.08K +109 +3%
TFIPS
96
Towarzystwo Funduszy Inwestycyjnych PZU SA
$88.5K +$45K +1,590 +80%
FFA
97
Farther Finance Advisors
California
$82.8K +$12.7K +449 +15%
KAS
98
Kestra Advisory Services
Texas
$77K +$88.2K +3,115 New
T2I
99
Turim 21 Investimentos
Brazil
$67K
Carson Wealth (CWM LLC)
100
Carson Wealth (CWM LLC)
Nebraska
$65K