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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
HIG
851
Heritage Investment Group
Florida
$589K -$455K -8,017 -40%
MMA
852
Miracle Mile Advisors
California
$587K +$300K +5,283 +81%
PPG
853
Peak Planning Group
Colorado
$584K +$360K +6,339 +117%
MIFH
854
Migdal Insurance & Financial Holdings
Israel
$583K +$193K +3,390 +41%
ACM
855
Advance Capital Management
Michigan
$583K +$131K +2,305 +24%
PTC
856
Philadelphia Trust Company
Pennsylvania
$582K
SMH
857
Sanders Morris Harris
Texas
$582K -$568K -10,006 -46%
AAM
858
Ameraudi Asset Management
New York
$581K
HWP
859
Hibernia Wealth Partners
Louisiana
$580K +$352K +6,195 +113%
SA
860
SAM Advisors
California
$578K +$49.5K +872 +8%
PIMG
861
Patriot Investment Management Group
Tennessee
$575K -$65.5K -1,153 -9%
NAS
862
Nicolet Advisory Services
Wisconsin
$574K +$207K +3,652 +49%
GEM
863
Global Endowment Management
North Carolina
$573K +$237K +4,178 +57%
DWS
864
Discipline Wealth Solutions
South Carolina
$569K +$405K +7,126 +164%
GS
865
GTS Securities
New York
$569K -$156K -2,753 -19%
CCG
866
Cypress Capital Group
Florida
$568K +$8.52K +150 +1%
SCM
867
Stordahl Capital Management
Colorado
$565K +$62.6K +1,102 +11%
TWM
868
Tradition Wealth Management
Minnesota
$563K +$69.1K +1,217 +12%
OAS
869
Optivise Advisory Services
Tennessee
$561K +$314K +5,535 +96%
SC
870
Scratch Capital
Idaho
$561K +$641K +11,292 New
AAG
871
Asset Advisory Group
New Jersey
$559K +$640K +11,259 New
BA
872
Ballew Advisors
Mississippi
$558K +$49.6K +873 +9%
CA
873
Continuum Advisory
Idaho
$557K +$75.5K +1,329 +13%
OCM
874
One Capital Management
California
$553K +$67.3K +1,185 +12%
FS
875
Ferguson Shapiro
Georgia
$551K