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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

100% more repeat investments, than reductions

Existing positions increased: 789 | Existing positions reduced: 395

29% more call options, than puts

Call options by funds: $10.6B | Put options by funds: $8.24B

25% more first-time investments, than exits

New positions opened: 297 | Existing positions closed: 238

2% more funds holding

Funds holding: 1,6221,650 (+28)

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
+28
Holders Change %
+1.73%
% of All Funds
20.08%
Holding in Top 10
104
Holding in Top 10 Change
-26
Holding in Top 10 Change %
-20%
% of All Funds
1.27%
New
297
Increased
789
Reduced
395
Closed
238
Calls
$10.6B
Puts
$8.24B
Net Calls
+$2.38B
Net Calls Change
-$2.2B
Name Holding Trade Value Shares
Change
Change in
Stake
VIP
676
Vantage Investment Partners
Missouri
$950K
PGFC
677
Peapack-Gladstone Financial Corp
New Jersey
$943K -$55.3K -973 -5%
FNBT
678
FineMark National Bank & Trust
Florida
$941K +$10.6K +187 +1%
NIM
679
Northeast Investment Management
Massachusetts
$939K +$782K +13,770 +267%
RPC
680
Rossmore Private Capital
Connecticut
$935K +$275K +4,842 +35%
SDH
681
Sloy Dahl & Holst
Washington
$935K
DFG
682
DiPaolo Financial Group
Florida
$932K +$1.07M +18,773 New
BPC
683
Bearing Point Capital
Minnesota
$932K -$1.31M -22,976 -55%
GCIG
684
Grand Central Investment Group
Florida
$932K +$1.07M +18,764 New
WMA
685
West Michigan Advisors
Michigan
$928K -$232K -4,078 -18%
WSFS
686
Wilmington Savings Fund Society
Delaware
$925K -$164K -2,882 -13%
AGM
687
Aragon Global Management
Florida
$923K -$1.06M -18,600 -50%
CIC
688
Carnegie Investment Counsel
Ohio
$918K +$1.99K +35 +0.2%
HWA
689
HHM Wealth Advisors
Tennessee
$915K +$433K +7,627 +71%
KCFA
690
Key Client Fiduciary Advisors
New Jersey
$913K -$138K -2,425 -12%
SFS
691
Sowell Financial Services
Arkansas
$909K +$79.2K +1,395 +8%
DC
692
DeDora Capital
California
$905K +$84.4K +1,485 +9%
DWA
693
Douglass Winthrop Advisors
New York
$904K -$371K -6,529 -26%
LI
694
LRI Investments
Florida
$900K +$746K +13,125 +263%
RWM
695
Revisor Wealth Management
Ohio
$899K +$659K +11,597 +183%
AFP
696
Alpha Financial Partners
Kentucky
$894K +$386K +6,789 +61%
SW
697
SkyOak Wealth
Michigan
$892K +$1.02M +17,961 New
WEG
698
World Equity Group
Illinois
$891K +$124K +2,191 +14%
SWA
699
SOA Wealth Advisors
New York
$881K +$875K +15,409 +659%
GC
700
Grimes & Company
Massachusetts
$874K +$643K +11,311 +180%