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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
CIS
1276
Custom Index Systems
New York
$235K -$176K -3,095 -40%
QCG
1277
Quadrant Capital Group
Ohio
$234K +$83.3K +1,467 +45%
BOSSRA
1278
B.O.S.S. Retirement Advisors
Utah
$234K -$33.3K -586 -11%
SIAG
1279
Safeguard Investment Advisory Group
California
$233K +$17.2K +303 +7%
FPN
1280
Financial Planning Navigators
Minnesota
$231K +$265K +4,656 New
ZIG
1281
Zuckerman Investment Group
Illinois
$231K -$470K -8,279 -64%
CPC
1282
Cadia Private Client
New Jersey
$230K +$264K +4,642 New
AFA
1283
American Financial Advisors
Georgia
$230K +$14.7K +259 +6%
AWAP
1284
Alliance Wealth Advisors (Pennsylvania)
Pennsylvania
$230K +$8.52K +150 +3%
KJHP
1285
K.J. Harrison & Partners
Ontario, Canada
$230K -$1.74M -30,600 -87%
MAG
1286
MRA Advisory Group
New Jersey
$229K -$165K -2,912 -39%
XPN
1287
XY Planning Network
Montana
$229K +$46.9K +825 +22%
CI
1288
Ceera Investments
Texas
$228K +$44K +775 +20%
LFGO
1289
Legacy Financial Group (Oklahoma)
Oklahoma
$228K +$62.7K +1,103 +32%
EIG
1290
Ellenbecker Investment Group
Wisconsin
$228K +$80K +1,409 +44%
HCM
1291
Howland Capital Management
Massachusetts
$228K -$576K -10,134 -69%
SIM
1292
Synergy Investment Management
Florida
$227K +$260K +4,573 New
VA
1293
Valmark Advisers
Ohio
$227K +$31.1K +548 +14%
NFG
1294
Nadler Financial Group
Illinois
$226K +$259K +4,556 New
SAG
1295
SageView Advisory Group
California
$225K +$398 +7 +0.2%
HA
1296
Helium Advisors
Washington
$225K +$80K +1,409 +45%
SFC
1297
Swisher Financial Concepts
Ohio
$225K -$20.1K -354 -7%
CA
1298
COFG Advisors
Illinois
$225K +$257K +4,523 New
BFS
1299
Bare Financial Services
Pennsylvania
$225K +$4.09K +72 +2%
SIA
1300
SeaBridge Investment Advisors
New Jersey
$223K +$255K +4,496 New