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iShares Bitcoin Trust

676 hedge funds and large institutions have $5.8B invested in iShares Bitcoin Trust in 2024 Q3 according to their latest regulatory filings, with 144 funds opening new positions, 310 increasing their positions, 104 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

198% more repeat investments, than reductions

Existing positions increased: 310 | Existing positions reduced: 104

132% more first-time investments, than exits

New positions opened: 144 | Existing positions closed: 62

37% more capital invested

Capital invested by funds: $4.24B → $5.8B (+$1.56B)

21% more funds holding in top 10

Funds holding in top 10: 4251 (+9)

13% more funds holding

Funds holding: 598676 (+78)

1.87% more ownership

Funds ownership: 23.18%25.06% (+1.9%)

Holders
676
Holders Change
+78
Holders Change %
+13.04%
% of All Funds
9.71%
Holding in Top 10
51
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+21.43%
% of All Funds
0.73%
New
144
Increased
310
Reduced
104
Closed
62
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Lido Advisors
426
Lido Advisors
California
$324K +$311K +8,958 New
OWA
427
Octavia Wealth Advisors
Ohio
$320K +$308K +8,863 New
Comerica Bank
428
Comerica Bank
Texas
$317K
GWS
429
Glassman Wealth Services
Virginia
$317K
USCWA
430
U.S. Capital Wealth Advisors
Texas
$315K -$1.74K -50 -0.6%
PFA
431
Pettinga Financial Advisors
Indiana
$312K +$77.4K +2,230 +35%
CIA
432
Compass Ion Advisors
Pennsylvania
$309K +$1.11K +32 +0.4%
PIA
433
Powell Investment Advisors
Florida
$305K +$293K +8,445 New
HIMC
434
Heritage Investors Management Corp
Maryland
$303K +$291K +8,390 New
XT
435
XTX Topco
Cayman Islands
$303K +$291K +8,378 New
CA
436
Continuum Advisory
Idaho
$300K +$79.4K +2,288 +61%
UBS Group
437
UBS Group
Switzerland
$299K +$12.9K +371 +5%
OGF
438
Orin Green Financial
California
$299K +$51K +1,468 +22%
SFP
439
Sandbox Financial Partners
Maryland
$298K +$30.2K +870 +12%
VHAM
440
Van Hulzen Asset Management
California
$295K -$64.2K -1,850 -18%
VCA
441
Verdence Capital Advisors
Maryland
$295K +$283K +8,155 New
BWM
442
BlackDiamond Wealth Management
New York
$293K +$199K +5,743 New
BCI
443
Brinker Capital Investments
Pennsylvania
$293K +$24.1K +694 +9%
OPS
444
Orion Portfolio Solutions
Nebraska
$293K +$24.1K +694 +9%
TMWM
445
Taylor & Morgan Wealth Management
Michigan
$292K +$281K +8,088 New
DWT
446
Dorsey & Whitney Trust
South Dakota
$290K
PGFC
447
Peapack-Gladstone Financial Corp
New Jersey
$288K
RFMS
448
RWQ Financial Management Services
Florida
$282K
NFSG
449
Newbridge Financial Services Group
Florida
$281K -$6.35K -183 -2%
CIA
450
CCM Investment Advisers
South Carolina
$280K +$269K +7,745 New

IBIT Hedge Fund Activity: Q3 2024 in Review

676 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in iShares Bitcoin Trust (IBIT) for Q3 2024, worth a combined $5.8B — up 37% from $4.24B a quarter earlier.

Buyers outnumbered sellers: 144 funds opened new IBIT positions and 62 closed out — a net gain of 82 holders — while 310 added to existing stakes and 104 trimmed.

The largest buyer was Millennium Management, adding an estimated $438M. The largest seller was Jane Street, cutting an estimated $224M.

  • 676 institutional investors held iShares Bitcoin Trust (IBIT) as of Q3 2024, up from 598 in Q2 2024.
  • Funds reported $5.8B of iShares Bitcoin Trust stock for Q3 2024, up 37% quarter-over-quarter.
  • 144 funds opened new iShares Bitcoin Trust positions in Q3 2024 and 62 closed out, a net change of +82 holders.
  • The largest iShares Bitcoin Trust buyer in Q3 2024 was Millennium Management, an estimated $438M added.
  • The largest iShares Bitcoin Trust seller in Q3 2024 was Jane Street, an estimated $224M sold.

Based on aggregated 13F filings for Q3 2024.