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iShares Bitcoin Trust

1,650 hedge funds and large institutions have $18.8B invested in iShares Bitcoin Trust in 2025 Q4 according to their latest regulatory filings, with 297 funds opening new positions, 789 increasing their positions, 395 reducing their positions, and 238 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more call options, than puts

Call options by funds: $ | Put options by funds: $

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding

Funds holding:

2.92% less ownership

Funds ownership: 30.76%27.84% (-2.9%)

20% less funds holding in top 10

Funds holding in top 10: 130104 (-26)

30% less capital invested

Capital invested by funds: $26.9B → $18.8B (-$8.03B)

Holders
1,650
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
104
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$10.6B
Puts
$8.24B
Net Calls
Net Calls Change

Top Buyers

1 +$785M
2 +$404M
3 +$226M
4
Citadel Advisors
Citadel Advisors
Florida
+$156M
5
BlackRock
BlackRock
New York
+$135M
Name Holding Trade Value Shares
Change
Change in
Stake
MPCG
326
Matrix Private Capital Group
New York
$3.38M
SCP
327
Sivia Capital Partners
California
$3.37M
Coatue Management
328
Coatue Management
New York
$3.34M
QCM
329
Quantinno Capital Management
New York
$3.33M
MC
330
Moors & Cabot
Massachusetts
$3.31M
EPA
331
Element Pointe Advisors
Florida
$3.29M
BWM
332
Brown Wealth Management
Illinois
$3.28M
Royal Bank of Canada
333
Royal Bank of Canada
Ontario, Canada
$3.25M
CA
334
Clearstead Advisors
Ohio
$3.25M
UWM
335
Udine Wealth Management
Florida
$3.21M
ECM
336
Evergreen Capital Management
Washington
$3.2M
CF
337
Convergence Financial
Missouri
$3.16M
KCPT
338
Kingstone Capital Partners Texas
Texas
$3.16M
FCM
339
Fairbanks Capital Management
California
$3.15M
EWA
340
EverSource Wealth Advisors
Alabama
$3.1M
TY
341
Titiun Yejiel
$3.1M
Raymond James Financial
342
Raymond James Financial
Florida
$3.1M
TF
343
Telligent Fund
Hong Kong
$3.08M
ACM
344
AlphaStar Capital Management
North Carolina
$3.06M
AFP
345
Ausdal Financial Partners
Iowa
$3.06M
KHCM
346
Kirtland Hills Capital Management
Ohio
$3.05M
RPWA
347
Regent Peak Wealth Advisors
Georgia
$3.03M
NL
348
NKCFO LLC
Illinois
$3.03M
AR
349
Apeiron RIA
Texas
$3.02M
CLOS
350
Compagnie Lombard Odier SCmA
Switzerland
$2.98M