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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
GSAM
801
Grant Street Asset Management
Pennsylvania
$675K +$7.04K +124 +0.9%
HSA
802
HBK Sorce Advisory
Pennsylvania
$675K -$109K -1,912 -10%
NFS
803
NewCorp Financial Services
Georgia
$668K +$765K +13,462 New
CFS
804
Commonwealth Financial Services
West Virginia
$668K +$38.3K +675 +5%
OC
805
Oarsman Capital
Wisconsin
$666K +$44.5K +784 +6%
VCP
806
Verus Capital Partners
Arizona
$666K +$139K +2,455 +22%
AWM
807
Avondale Wealth Management
Texas
$665K +$45.4K +800 +6%
GWM
808
Greenline Wealth Management
Florida
$665K +$760K +13,385 New
RIS
809
Richmond Investment Services
Wisconsin
$664K +$74K +1,302 +11%
CP
810
Camelot Portfolios
Ohio
$664K +$759K +13,366 New
BSG
811
Black Swift Group
Colorado
$660K -$355K -6,250 -32%
SKK
812
Shepherd Kaplan Krochuk
Massachusetts
$660K +$4.09K +72 +0.5%
IA
813
IFG Advisory
Georgia
$658K +$122K +2,149 +19%
AV
814
Aspiring Ventures
Ohio
$658K +$390K +6,872 +108%
ACM
815
Avalon Capital Management
California
$656K +$751K +13,219 New
CWM
816
Cornerstone Wealth Management
Missouri
$646K +$212K +3,733 +40%
LWM
817
Lyell Wealth Management
California
$646K +$169K +2,972 +30%
BWM
818
BlackDiamond Wealth Management
New York
$643K -$69.9K -1,231 -7%
TWG
819
The Wealth Group
Minnesota
$642K +$371K +6,530 +102%
TDC
820
Thompson Davis & Co
Virginia
$642K -$148K -2,600 -17%
MWM
821
Mosley Wealth Management
California
$641K +$520K +9,155 New
BFM
822
Brooklands Fund Management
United Kingdom
$641K +$767K +13,500 New
FCIM
823
Fairview Capital Investment Management
California
$640K -$21.3K -375 -3%
AC
824
Aristeia Capital
Connecticut
$636K -$17.6M -310,098 -96%
AC
825
Apella Capital
Connecticut
$633K +$89.9K +1,583 +14%