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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
BDF
976
Black Diamond Financial
Maryland
$441K -$32.4K -570 -6%
VWM
977
Vivid Wealth Management
Iowa
$441K +$110K +1,935 +28%
CCP
978
Cushing Capital Partners
Wisconsin
$440K +$39.1K +689 +8%
AC
979
ASB Consultores
Florida
$440K +$463K +8,150 New
CWA
980
CJM Wealth Advisers
Virginia
$440K +$273K +4,812 +119%
NVCHI
981
New Vernon Capital Holdings II
New Jersey
$440K -$145K -2,553 -22%
IPAM
982
Investment Partners Asset Management
New Jersey
$440K +$33.5K +590 +7%
MBWA
983
Marin Bay Wealth Advisors
California
$438K +$501K +8,827 New
PFP
984
Paragon Financial Partners
California
$437K +$500K +8,800 New
WH
985
Willner & Heller
California
$436K +$499K +8,786 New
OWA
986
OakTrust Wealth Advisors
Connecticut
$436K +$498K +8,774 New
MCA
987
Magnolia Capital Advisors
Mississippi
$435K -$65.8K -1,159 -12%
SCS
988
Southern Capital Services
Alabama
$434K +$496K +8,734 New
AFA
989
Amicus Financial Advisors
Texas
$433K +$496K +8,729 New
AFP
990
ATX Financial Planning
Texas
$431K +$493K +8,686 New
RSWM
991
Robertson Stephens Wealth Management
California
$428K -$3.64K -64 -0.7%
GS
992
GWN Securities
Florida
$428K +$121K +2,138 +33%
JFA
993
JNBA Financial Advisors
Minnesota
$426K +$346K +6,087 +243%
W
994
Wealthquest
Ohio
$426K +$488K +8,584 New
OWM
995
OneAscent Wealth Management
Alabama
$426K +$43.4K +764 +10%
TW
996
Tempo Wealth
Ohio
$423K +$484K +8,515 New
SA
997
SFI Advisors
New Jersey
$422K -$188K -3,314 -28%
RI
998
Ruggiero Investments
Florida
$418K +$478K +8,415 New
BCM
999
Barometer Capital Management
Ontario, Canada
$416K +$8.44M +148,600 +1,069%
ML
1000
MLP3 LLC
New Jersey
$414K +$474K +8,339 New