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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
NIM
1
NEOS Investment Management
Connecticut
$134M -$17.7M -625,528 -10%
VanEck Associates
2
VanEck Associates
New York
$125M +$26.1M +922,199 +22%
TI
3
Tidal Investments
Wisconsin
$33.1M +$24.7M +870,852 +187%
Jane Street
4
Jane Street
New York
$25.8M +$28.8M +1,018,998 +4,372%
BFG
5
Bouchey Financial Group
New York
$17M +$19.4M +686,899 New
BFG
6
Berger Financial Group
Minnesota
$16.8M +$1.04M +36,859 +6%
AssetMark Inc
7
AssetMark Inc
California
$14.9M +$7.99M +282,361 +88%
GI
8
Gradient Investments
Minnesota
$13.7M +$3.07M +108,509 +24%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$9.93M +$10.4M +368,686 +1,117%
Northwestern Mutual Wealth Management
10
Northwestern Mutual Wealth Management
Wisconsin
$5.7M +$6.52M +230,420 New
First Trust Advisors
11
First Trust Advisors
Illinois
$5.45M +$444K +15,702 +8%
FC
12
Farringdon Capital
United Kingdom
$4.99M +$1.67M +59,109 +41%
SAM
13
Simplify Asset Management
Nevada
$4.77M -$1.19M -42,062 -18%
HCA
14
Heck Capital Advisors
Wisconsin
$4.65M -$158K -5,581 -3%
ACM
15
Avalon Capital Management
California
$4.52M -$1.87M -65,892 -26%
Renaissance Technologies
16
Renaissance Technologies
New York
$3.93M +$1.95M +69,000 +77%
SPIA
17
Steward Partners Investment Advisory
New York
$3.02M +$1.05M +36,919 +43%
MML Investors Services
18
MML Investors Services
Massachusetts
$2.98M +$2.36M +83,312 +223%
MIH
19
Meitav Investment House
Israel
$2.85M +$624K +22,039 +24%
AC
20
Addison Capital
Pennsylvania
$2.75M +$3.15M +111,158 New
SRM
21
Shelter Rock Management
New York
$2.39M +$2.73M +96,442 New
SAM
22
Stansberry Asset Management
Texas
$2.3M +$797K +28,146 +43%
MFS
23
Mattson Financial Services
Michigan
$2.16M +$392K +13,853 +19%
CPIG
24
Chicago Partners Investment Group
Illinois
$1.89M +$268K +9,455 +15%
BCM
25
Brookstone Capital Management
Illinois
$1.69M +$489K +17,290 +34%