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iShares Bitcoin Trust

1,646 hedge funds and large institutions have $18.8B invested in iShares Bitcoin Trust in 2025 Q4 according to their latest regulatory filings, with 294 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:

2.93% 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
1,646
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
SL
1751
Sentry LLC
Tennessee
LPAM
1752
Lodestar Private Asset Management
California
NCM
1753
Narwhal Capital Management
Georgia
PPWM
1754
Perissos Private Wealth Management
Oklahoma
NC
1755
North Capital
Utah
ACM
1756
Ashford Capital Management
Delaware
IW
1757
Instrumental Wealth
Florida
AI
1758
Axecap Investments
Ohio
SA
1759
Sonoma Allocations
California
MWM
1760
Meadowbrook Wealth Management
New York
RC
1761
Roundview Capital
New Jersey
BCG
1762
Bravias Capital Group
New Jersey
AA
1763
ACT Advisors
North Carolina
HT
1764
Headlands Technologies
Illinois
CFP
1765
Catalyst Financial Partners
Massachusetts
DTL
1766
Dynamic Technology Lab
Singapore
BMCM
1767
Burns Matteson Capital Management
New York
HR
1768
Howe & Rusling
New York
DI
1769
Disciplined Investors
Texas
TFP
1770
Tilia Fiduciary Partners
North Carolina
AF
1771
Apollon Financial
South Carolina
ILI
1772
Invesco LLC (Illinois)
Illinois
ALA
1773
Atlas Legacy Advisors
California
EFS
1774
Essex Financial Services
Connecticut
LSA
1775
L & S Advisors
California