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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
MC
1301
Matisse Capital
Oregon
$223K -$36.8K -648 -13%
PA
1302
Promethium Advisors
Maryland
$223K +$7.38K +130 +3%
VCA
1303
Verdence Capital Advisors
Maryland
$223K -$14.9K -262 -6%
PWPS
1304
Pinnacle Wealth Planning Services
Ohio
$223K +$16.7K +294 +7%
PFGIA
1305
Patriot Financial Group Insurance Agency
Massachusetts
$222K +$254K +4,476 New
TWA
1306
TCI Wealth Advisors
Arizona
$222K +$64.8K +1,141 +34%
OWA
1307
ORBA Wealth Advisors
Illinois
$221K +$253K +4,454 New
AA
1308
Ancora Advisors
Ohio
$221K -$43.5K -765 -15%
EU
1309
Emory University
Georgia
$221K
RFA
1310
Rollins Financial Advisors
New York
$221K -$31.3K -551 -11%
WF
1311
WoodTrust Financial
Wisconsin
$220K
SFP
1312
Shepherd Financial Partners
Massachusetts
$219K +$251K +4,420 New
FUBT
1313
First United Bank & Trust
Maryland
$219K -$762K -13,410 -75%
PCM
1314
Presidio Capital Management
California
$219K +$38.1K +670 +18%
RCM
1315
Regency Capital Management
Hawaii
$219K -$219K -3,850 -47%
PW
1316
PUREfi Wealth
Massachusetts
$218K +$22.7K +400 +10%
SWM
1317
Segment Wealth Management
Texas
$218K +$250K +4,400 New
BWP
1318
Bernardo Wealth Planning
Pennsylvania
$218K +$21.7K +382 +10%
FOR
1319
Family Office Research
Maryland
$217K -$355K -6,250 -59%
PWA
1320
Primoris Wealth Advisors
Florida
$217K +$34.1K +600 +16%
BB
1321
Berkshire Bank
Massachusetts
$217K
EW
1322
Enzi Wealth
Texas
$217K
MHR
1323
Matthew Hamilton Rosenberg
$216K +$8.8K +155 +4%
TCOV
1324
Trust Company of Vermont
Vermont
$215K +$15.4K +271 +7%
TA
1325
Tectonic Advisors
Texas
$215K