iShares Bitcoin Trust
IBIT
1,461 hedge funds and large institutions have $11.5B invested in iShares Bitcoin Trust in 2026 Q2 according to their latest regulatory filings, with 148 funds opening new positions, 574 increasing their positions, 465 reducing their positions, and 194 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 574 | Existing positions reduced: 465
1.2% more ownership
Funds ownership: 24.74% → 25.93% (+1.2%)
3% more call options, than puts
Call options by funds: $7.07B | Put options by funds: $6.88B
6% less funds holding
Funds holding: 1,547 → 1,461 (-86)
13% less capital invested
Capital invested by funds: $13.2B → $11.5B (-$1.67B)
22% less funds holding in top 10
Funds holding in top 10: 78 → 61 (-17)
24% less first-time investments, than exits
New positions opened: 148 | Existing positions closed: 194
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$773M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$728M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$187M |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
+$115M |
| 5 |
GD
Galaxy Digital
New York
|
+$91.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHCM
Brevan Howard Capital Management
St. Helier,
Jersey
|
-$696M |
| 2 |
Millennium Management
New York
|
-$391M |
| 3 |
D.E. Shaw & Co
New York
|
-$241M |
| 4 |
AT
Avenir Tech
Hong Kong
|
-$203M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$176M |
IBIT Hedge Fund Activity: Q2 2026 in Review
1,461 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in iShares Bitcoin Trust (IBIT) for Q2 2026, worth a combined $11.5B — down 13% from $13.2B a quarter earlier.
Sellers outnumbered buyers: 194 funds closed out of IBIT and 148 opened new positions — a net loss of 46 holders — while 465 trimmed existing stakes and 574 added.
The largest buyer was Jane Street, adding an estimated $773M. The largest seller was Brevan Howard Capital Management, cutting an estimated $696M.
- 1,461 institutional investors held iShares Bitcoin Trust (IBIT) as of Q2 2026, down from 1,547 in Q1 2026.
- Funds reported $11.5B of iShares Bitcoin Trust stock for Q2 2026, down 13% quarter-over-quarter.
- 148 funds opened new iShares Bitcoin Trust positions in Q2 2026 and 194 closed out, a net change of -46 holders.
- The largest iShares Bitcoin Trust buyer in Q2 2026 was Jane Street, an estimated $773M added.
- The largest iShares Bitcoin Trust seller in Q2 2026 was Brevan Howard Capital Management, an estimated $696M sold.
Based on aggregated 13F filings for Q2 2026.