Bitwise MSTR Option Income Strategy ETF
IMST
IMST was delisted on the 31st of July, 2026.
6 hedge funds and large institutions have $948K invested in Bitwise MSTR Option Income Strategy ETF in 2025 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 4 closing their positions.
7.97% less ownership
Funds ownership: 10.18% → 2.21% (-8%)
33% less funds holding
Funds holding: 9 → 6 (-3)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
91% less capital invested
Capital invested by funds: $10.8M → $948K (-$9.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHWM
Beaird Harris Wealth Management
Dallas,
Texas
|
+$7.4K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$44 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.58M |
| 2 |
Jane Street
New York
|
-$1.35M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.17M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$892K |
| 5 |
Mariner
Overland Park,
Kansas
|
-$842K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OMC
1
Old Mission Capital
Chicago,
Illinois
| $509K | -$1.17M | -26,518 | -63% |
|
|
2
Jane Street
New York
| $380K | -$1.35M | -30,611 | -73% |
|
3
Morgan Stanley
New York
| $29.9K | – | – | – |
|
|
BHWM
4
Beaird Harris Wealth Management
Dallas,
Texas
| $24K | +$7.4K | +168 | +30% |
|
5
UBS Group
Zurich,
Switzerland
| $5.65K | -$76K | -1,724 | -91% |
|
|
6
Wells Fargo
San Francisco,
California
| $43 | +$44 | +1 | New |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$4.58M | -88,037 | Closed |
|
|
8
Citadel Advisors
Miami,
Florida
| – | -$892K | -17,156 | Closed |
|
|
9
Mariner
Overland Park,
Kansas
| – | -$842K | -16,190 | Closed |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| – | -$2.5K | -48 | Closed |
|
IMST Hedge Fund Activity: Q3 2025 in Review
6 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Bitwise MSTR Option Income Strategy ETF (IMST) for Q3 2025, worth a combined $948K — down 91% from $10.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of IMST and 1 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Beaird Harris Wealth Management, adding an estimated $7.4K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $4.58M sold.
- 6 institutional investors held Bitwise MSTR Option Income Strategy ETF (IMST) as of Q3 2025, down from 9 in Q2 2025.
- Funds reported $948K of Bitwise MSTR Option Income Strategy ETF stock for Q3 2025, down 91% quarter-over-quarter.
- 1 fund opened new Bitwise MSTR Option Income Strategy ETF positions in Q3 2025 and 4 closed out, a net change of -3 holders.
- The largest Bitwise MSTR Option Income Strategy ETF buyer in Q3 2025 was Beaird Harris Wealth Management, an estimated $7.4K added.
- The largest Bitwise MSTR Option Income Strategy ETF seller in Q3 2025 was Susquehanna International Group, an estimated $4.58M sold.
Based on aggregated 13F filings for Q3 2025.