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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
NMG
1601
New Millennium Group
Utah
$9.29K
WIM
1602
Westside Investment Management
California
$9.19K
MCA
1603
McGuire Capital Advisors
Oklahoma
$8.69K
AWM
1604
Abound Wealth Management
Tennessee
$8.65K
KFGG
1605
Keystone Financial Group (Georgia)
Georgia
$8.59K
WA
1606
Walsh & Associates
Florida
$8.19K
IRAG
1607
Investment Research & Advisory Group
Georgia
$7.99K
1NWS
1608
1 North Wealth Services
Maryland
$7.94K
JFG
1609
JDM Financial Group
Texas
$7.7K
AF
1610
Alerus Financial
North Dakota
$7.35K
HIC
1611
Hamrick Investment Counsel
Washington
$6.95K
JWM
1612
Jessup Wealth Management
Ohio
$6.95K
TCM
1613
Tradewinds Capital Management
Washington
$6.75K
HHCP
1614
Hilton Head Capital Partners
South Carolina
$6.55K
Q1WB
1615
Quest 10 Wealth Builders
Virginia
$6.26K
IAS
1616
IMA Advisory Services
Colorado
$6.25K
MLA
1617
MB, Levis & Associates
Pennsylvania
$6.21K
PTC
1618
Private Trust Company
Ohio
$5.71K
ML
1619
MSRH LLC
New York
$5.06K
LWM
1620
Lodestone Wealth Management
Washington
$5.01K
GI
1621
GAMMA Investing
California
$4.96K
MDA
1622
Minot DeBlois Advisors
Massachusetts
$4.96K
RG
1623
RHL Group
Michigan
$4.96K
CF
1624
Collier Financial
Colorado
$4.77K
BMC
1625
Bear Mountain Capital
Washington
$4.54K