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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
LWMI
876
Legacy Wealth Management (Idaho)
Idaho
$548K -$18.8K -331 -3%
WCP
877
Wick Capital Partners
Pennsylvania
$546K +$229K +4,029 +58%
SCM
878
Spreng Capital Management
Ohio
$546K -$245K -4,320 -28%
BHIA
879
Birch Hill Investment Advisors
Massachusetts
$546K
CCC
880
Chesapeake Capital Corp
Florida
$544K -$199K -3,497 -24%
SIM
881
Stratos Investment Management
Ohio
$544K +$154K +2,707 +33%
SWM
882
Spire Wealth Management
Virginia
$543K -$4.96M -87,272 -89%
LCM
883
Lazari Capital Management
California
$542K +$321K +5,644 +107%
FWP
884
Flatrock Wealth Partners
California
$542K +$621K +10,923 New
APWA
885
Atlas Private Wealth Advisors
New Jersey
$541K +$48.3K +850 +8%
FH
886
FWG Holdings
Florida
$539K -$978K -17,214 -60%
AWM
887
Alterna Wealth Management
Texas
$539K +$38.3K +675 +7%
GAM
888
Gotham Asset Management
New York
$539K +$616K +10,849 New
NRC
889
New Republic Capital
North Carolina
$537K +$37.7K +663 +7%
OWMIAS
890
One Wealth Management Investment & Advisory Services
Florida
$535K +$355K +6,248 +138%
GSIAS
891
Garden State Investment Advisory Services
New Jersey
$531K -$289K -5,087 -32%
LSIA
892
LaSalle St. Investment Advisors
Illinois
$528K -$824K -14,498 -58%
MFA
893
Mayflower Financial Advisors
Massachusetts
$527K +$180K +3,166 +42%
CGIM
894
Cannon Global Investment Management
Florida
$526K -$28.4K -500 -5%
RCA
895
Ranch Capital Advisors
Florida
$526K +$7.5K +132 +1%
WPA
896
WIT Partners Advisory
Singapore
$526K
PWP
897
Principle Wealth Partners
Connecticut
$526K +$601K +10,587 New
SIA
898
Soltis Investment Advisors
Utah
$524K +$350K +6,158 +140%
AWM
899
Avaii Wealth Management
Wisconsin
$524K -$630K -11,092 -51%
CFO
900
Colony Family Offices
North Carolina
$524K