iShares Bitcoin Trust
IBIT
676 hedge funds and large institutions have $5.8B invested in iShares Bitcoin Trust in 2024 Q3 according to their latest regulatory filings, with 144 funds opening new positions, 310 increasing their positions, 104 reducing their positions, and 62 closing their positions.
198% more repeat investments, than reductions
Existing positions increased: 310 | Existing positions reduced: 104
132% more first-time investments, than exits
New positions opened: 144 | Existing positions closed: 62
37% more capital invested
Capital invested by funds: $4.24B → $5.8B (+$1.56B)
21% more funds holding in top 10
Funds holding in top 10: 42 → 51 (+9)
13% more funds holding
Funds holding: 598 → 676 (+78)
1.87% more ownership
Funds ownership: 23.18% → 25.06% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$438M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$311M |
| 3 |
Goldman Sachs
New York
|
+$201M |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$124M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$99.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$224M |
| 2 |
AT
Avenir Tech
Hong Kong
|
-$163M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$57M |
| 4 |
M
Murchinson
Toronto,
Ontario, Canada
|
-$56.1M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$54.1M |
IBIT Hedge Fund Activity: Q3 2024 in Review
676 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in iShares Bitcoin Trust (IBIT) for Q3 2024, worth a combined $5.8B — up 37% from $4.24B a quarter earlier.
Buyers outnumbered sellers: 144 funds opened new IBIT positions and 62 closed out — a net gain of 82 holders — while 310 added to existing stakes and 104 trimmed.
The largest buyer was Millennium Management, adding an estimated $438M. The largest seller was Jane Street, cutting an estimated $224M.
- 676 institutional investors held iShares Bitcoin Trust (IBIT) as of Q3 2024, up from 598 in Q2 2024.
- Funds reported $5.8B of iShares Bitcoin Trust stock for Q3 2024, up 37% quarter-over-quarter.
- 144 funds opened new iShares Bitcoin Trust positions in Q3 2024 and 62 closed out, a net change of +82 holders.
- The largest iShares Bitcoin Trust buyer in Q3 2024 was Millennium Management, an estimated $438M added.
- The largest iShares Bitcoin Trust seller in Q3 2024 was Jane Street, an estimated $224M sold.
Based on aggregated 13F filings for Q3 2024.