iShares Bitcoin Trust
IBIT
598 hedge funds and large institutions have $4.24B invested in iShares Bitcoin Trust in 2024 Q2 according to their latest regulatory filings, with 218 funds opening new positions, 252 increasing their positions, 61 reducing their positions, and 56 closing their positions.
313% more repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 61
289% more first-time investments, than exits
New positions opened: 218 | Existing positions closed: 56
35% more funds holding
Funds holding: 442 → 598 (+156)
21% more capital invested
Capital invested by funds: $3.5B → $4.24B (+$747M)
20% more funds holding in top 10
Funds holding in top 10: 35 → 42 (+7)
3.1% more ownership
Funds ownership: 20.09% → 23.18% (+3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Capula Management
Grand Cayman,
Cayman Islands
|
+$277M |
| 2 |
Goldman Sachs
New York
|
+$261M |
| 3 |
Jane Street
New York
|
+$242M |
| 4 |
Morgan Stanley
New York
|
+$205M |
| 5 |
D.E. Shaw & Co
New York
|
+$92.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$373M |
| 2 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
-$101M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$74.1M |
| 4 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$69.7M |
| 5 |
SI
Symmetry Investments
St Helier,
Jersey
|
-$61.5M |
IBIT Hedge Fund Activity: Q2 2024 in Review
598 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in iShares Bitcoin Trust (IBIT) for Q2 2024, worth a combined $4.24B — up 21% from $3.5B a quarter earlier.
Buyers outnumbered sellers: 218 funds opened new IBIT positions and 56 closed out — a net gain of 162 holders — while 252 added to existing stakes and 61 trimmed.
The largest buyer was Capula Management, opening a new position worth an estimated $277M. The largest seller was Millennium Management, cutting an estimated $373M.
- 598 institutional investors held iShares Bitcoin Trust (IBIT) as of Q2 2024, up from 442 in Q1 2024.
- Funds reported $4.24B of iShares Bitcoin Trust stock for Q2 2024, up 21% quarter-over-quarter.
- 218 funds opened new iShares Bitcoin Trust positions in Q2 2024 and 56 closed out, a net change of +162 holders.
- The largest iShares Bitcoin Trust buyer in Q2 2024 was Capula Management, an estimated $277M added.
- The largest iShares Bitcoin Trust seller in Q2 2024 was Millennium Management, an estimated $373M sold.
Based on aggregated 13F filings for Q2 2024.