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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
LAS
1426
Lloyd Advisory Services
Georgia
$108K +$124K +2,179 New
CT
1427
Coastline Trust
Rhode Island
$107K +$96.2K +1,694 +360%
FW
1428
Fairway Wealth
Ohio
$107K
PAI
1429
Pittenger & Anderson Inc
Nebraska
$105K -$222K -3,910 -65%
HPC
1430
HM Payson & Co
Maine
$103K
DF
1431
Dunhill Financial
United Kingdom
$103K
CFB
1432
Cullen/Frost Bankers
Texas
$101K
EWM
1433
Evolution Wealth Management
Florida
$101K +$11.1K +196 +11%
BGAI
1434
Bruce G. Allen Investments
Colorado
$101K
TFIPS
1435
Towarzystwo Funduszy Inwestycyjnych PZU SA
$101K +$64.2K +1,130 +126%
APW
1436
Austin Private Wealth
Texas
$96.6K +$6.19K +109 +6%
JFGIW
1437
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$94.8K -$56.2K -990 -34%
CHC
1438
City Holding Co
West Virginia
$93.3K +$3.24K +57 +3%
LWANC
1439
Laurel Wealth Advisors (North Carolina)
North Carolina
$90.4K +$103K +1,820 New
VC
1440
Vestor Capital
Illinois
$90K -$52.7K -928 -51%
HHGA
1441
Halbert Hargrove Global Advisors
California
$86.1K
MWPCG
1442
Measured Wealth Private Client Group
New Hampshire
$85.8K +$3.86K +68 +4%
CTC
1443
Central Trust Company
Missouri
$84.4K +$36.1K +636 +60%
KFG
1444
Kingdom Financial Group
Arizona
$84.2K +$96.3K +1,696 New
TCM
1445
Triumph Capital Management
Colorado
$84K +$96.1K +1,692 New
ECM
1446
EMC Capital Management
Texas
$84K
CI
1447
CX Institutional
Indiana
$84K +$4.54K +80 +5%
GPFA
1448
Game Plan Financial Advisors
Ohio
$82.4K -$26.6K -468 -22%
IW
1449
Imprint Wealth
South Carolina
$79.9K +$39.8K +701 +77%
FG
1450
Fairman Group
Pennsylvania
$78K