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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
MT
751
Midwest Trust
Kansas
$766K +$689K +12,122 +367%
FFM
752
Forum Financial Management
Illinois
$766K +$427K +7,519 +95%
KCP
753
Kera Capital Partners
California
$765K +$143K +2,524 +19%
IA
754
Insight Advisors
Pennsylvania
$765K -$27K -476 -3%
HIP
755
HUB Investment Partners
Texas
$763K -$68.8K -1,211 -7%
SB
756
SIG Brokerage
New York
$761K -$5.11M -89,944 -85%
HKIMG
757
Hutchens & Kramer Investment Management Group
Indiana
$759K +$26.7K +470 +3%
DT
758
Diversified Trust
Tennessee
$757K -$404K -7,106 -32%
AWA
759
A4 Wealth Advisors
North Carolina
$756K +$492K +8,658 +132%
BTWM
760
Baker Tilly Wealth Management
Wisconsin
$754K +$863K +15,193 New
CCP
761
Cassia Capital Partners
North Carolina
$752K +$532K +9,365 +162%
MWM
762
Modera Wealth Management
New Jersey
$751K -$248K -4,357 -22%
BFG
763
Beacon Financial Group
Texas
$751K -$41.9K -737 -5%
JDLA
764
J. Derek Lewis & Associates
California
$747K +$855K +15,052 New
LAS
765
LWM Advisory Services
Florida
$747K +$9.32K +164 +1%
FMP
766
Financial Management Professionals
Texas
$746K +$17K +300 +2%
MHP
767
Manatuck Hill Partners
Connecticut
$745K +$852K +15,000 New
WT
768
Whittier Trust
California
$740K +$639K +11,250 +394%
WA
769
Wealth Alliance
New York
$736K -$506K -8,902 -38%
OGF
770
Orin Green Financial
California
$733K +$61.2K +1,078 +8%
LHC
771
Little House Capital
Massachusetts
$727K -$34.4K -606 -4%
IF
772
IRON Financial
Illinois
$723K +$18.6K +327 +2%
KCAM
773
Kagan Cocozza Asset Management
New Jersey
$719K -$8.75K -154 -1%
NL
774
NWAM LLC
Washington
$719K +$34.6K +609 +4%
AC
775
AWM Capital
Arizona
$719K -$1.82K -32 -0.2%