VanEck Bitcoin Trust
HODL
81 hedge funds and large institutions have $279M invested in VanEck Bitcoin Trust in 2024 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 27 increasing their positions, 9 reducing their positions, and 7 closing their positions.
443% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 7
200% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 9
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
56% more funds holding
Funds holding: 52 → 81 (+29)
41% more capital invested
Capital invested by funds: $197M → $279M (+$81.6M)
19.15% less ownership
Funds ownership: 106.27% → 87.13% (-19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHGC
Hunting Hill Global Capital
New York
|
+$27.6M |
| 2 |
NIM
NEOS Investment Management
Westport,
Connecticut
|
+$8.9M |
| 3 |
SC
Syon Capital
San Francisco,
California
|
+$6.86M |
| 4 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$5.89M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$55M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$7.71M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$2.96M |
| 4 |
Jane Street
New York
|
-$2.45M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$926K |
HODL Hedge Fund Activity: Q4 2024 in Review
81 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in VanEck Bitcoin Trust (HODL) for Q4 2024, worth a combined $279M — up 41% from $197M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new HODL positions and 7 closed out — a net gain of 31 holders — while 27 added to existing stakes and 9 trimmed.
The largest buyer was Hunting Hill Global Capital, opening a new position worth an estimated $27.6M. The largest seller was Susquehanna International Group, cutting an estimated $55M.
- 81 institutional investors held VanEck Bitcoin Trust (HODL) as of Q4 2024, up from 52 in Q3 2024.
- Funds reported $279M of VanEck Bitcoin Trust stock for Q4 2024, up 41% quarter-over-quarter.
- 38 funds opened new VanEck Bitcoin Trust positions in Q4 2024 and 7 closed out, a net change of +31 holders.
- The largest VanEck Bitcoin Trust buyer in Q4 2024 was Hunting Hill Global Capital, an estimated $27.6M added.
- The largest VanEck Bitcoin Trust seller in Q4 2024 was Susquehanna International Group, an estimated $55M sold.
Based on aggregated 13F filings for Q4 2024.