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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
C1AG
1226
Client 1st Advisory Group
Florida
$259K +$42.3K +744 +17%
NEWAS
1227
N.E.W. Advisory Services
Wisconsin
$258K +$140K +2,457 +89%
PWM
1228
Purus Wealth Management
California
$258K -$1.31K -23 -0.4%
SEP
1229
Signature Equity Partners
Ohio
$257K +$294K +5,169 New
CW
1230
Cedarwood Wealth
Colorado
$256K +$293K +5,164 New
MW
1231
Melia Wealth
Oklahoma
$256K +$293K +5,151 New
BRWM
1232
Blue Rock Wealth Management
North Carolina
$256K -$17K -300 -6%
EPW
1233
Evolve Private Wealth
California
$255K +$292K +5,134 New
GIM
1234
Goelzer Investment Management
Indiana
$255K +$292K +5,132 New
WP
1235
Wealthspan Partners
Iowa
$255K +$11.2K +197 +4%
PWA
1236
Physician Wealth Advisors
Utah
$254K +$55.8K +982 +24%
MCC
1237
Malaga Cove Capital
California
$254K +$16K +282 +6%
HI
1238
Hoey Investments
Pennsylvania
$253K
CWM
1239
Collaborative Wealth Management
Florida
$252K +$288K +5,072 New
TWM
1240
Thrive Wealth Management
Pennsylvania
$252K -$18.6K -328 -6%
NMFM
1241
National Mutual Funds Management
Australia
$251K +$286K +5,035 New
KCPG
1242
Kavar Capital Partners Group
Kansas
$250K +$287K +5,044 New
MWM
1243
Madrid Wealth Management
New Mexico
$250K +$286K +5,036 New
FA
1244
Fountainhead AM
New Jersey
$250K -$4.74M -83,357 -94%
1SB
1245
1ST Source Bank
Indiana
$249K +$15.6K +275 +6%
MFIM
1246
Mesirow Financial Investment Management
Illinois
$249K -$221K -3,896 -44%
PWM
1247
Provident Wealth Management
Tennessee
$248K
MC
1248
Mathes Company
New York
$248K +$284K +5,000 New
FC
1249
Fusion Capital
South Carolina
$248K
LP
1250
LGL Partners
Pennsylvania
$248K +$18.6K +327 +7%