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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

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more call options, than puts

Call options by funds: $ | Put options by funds: $

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding

Funds holding:

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
Holders Change %
% of All Funds
Holding in Top 10
104
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$10.6B
Puts
$8.24B
Net Calls
Net Calls Change

Top Buyers

1 +$785M
2 +$404M
3 +$226M
4
Citadel Advisors
Citadel Advisors
Florida
+$156M
5
BlackRock
BlackRock
New York
+$135M
Name Holding Trade Value Shares
Change
Change in
Stake
SFCL
1526
Strengthening Families & Communities LLC
Massachusetts
$35.9K
WOSD
1527
WFA of San Diego
California
$33.3K
BFP
1528
Birchwood Financial Partners
Minnesota
$33.1K
GFP
1529
Guardian Financial Partners
California
$32.3K
PWMG
1530
Prestige Wealth Management Group
New Jersey
$32.2K
ACA
1531
American Capital Advisory
Idaho
$31.9K
TBFA
1532
Three Bearings Fiduciary Advisors
New Hampshire
$31.5K
HWP
1533
Highline Wealth Partners
California
$30.8K
HFS
1534
Hughes Financial Services
Virginia
$30.7K
CJ
1535
Caitlin John
Michigan
$30.4K
SGK
1536
Steigerwald Gordon & Koch
Virginia
$29.8K
FC
1537
Fairscale Capital
New Hampshire
$29.3K
ANBT
1538
American National Bank & Trust
Texas
$28.6K
DCM
1539
Davis Capital Management
Florida
$28.4K
PP
1540
PFS Partners
New Jersey
$26.4K
VWWMG
1541
Vermillion & White Wealth Management Group
Pennsylvania
$26.4K
AIM
1542
Anchor Investment Management
South Carolina
$26.1K
KCM
1543
Key Capital Management
Tennessee
$25.9K
SFAM
1544
Sawyer Falduto Asset Management
Illinois
$25.6K
SRCM
1545
Signature Resources Capital Management
California
$25.2K
MSWA
1546
Marshall & Sterling Wealth Advisors
New York
$25K
C
1547
Covestor
United Kingdom
$24K
MAS
1548
MPWM Advisory Solutions
Georgia
$24K
JWA
1549
JFS Wealth Advisors
Pennsylvania
$23.9K
WBC
1550
West Branch Capital
Massachusetts
$23.8K