Bitwise MSTR Option Income Strategy ETF
IMST
5 hedge funds and large institutions have $863K invested in Bitwise MSTR Option Income Strategy ETF in 2025 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 0 reducing their positions, and 3 closing their positions.
2.93% more ownership
Funds ownership: 2.21% → 5.14% (+2.9%)
9% less capital invested
Capital invested by funds: $948K → $863K (-$84.9K)
17% less funds holding
Funds holding: 6 → 5 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFG
Independent Financial Group
San Diego,
California
|
+$1.04M |
| 2 |
Jane Street
New York
|
+$192K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.3K |
| 4 |
BHWM
Beaird Harris Wealth Management
Dallas,
Texas
|
+$88 |
| 5 |
Wells Fargo
San Francisco,
California
|
+$22 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$509K |
| 2 |
Morgan Stanley
New York
|
-$29.9K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.65K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IFG
1
Independent Financial Group
San Diego,
California
| $598K | +$1.04M | +47,377 | New |
|
|
2
Jane Street
New York
| $255K | +$192K | +8,777 | +77% |
|
|
BHWM
3
Beaird Harris Wealth Management
Dallas,
Texas
| $9.17K | +$88 | +4 | +0.6% |
|
|
4
Fidelity Investments
Boston,
Massachusetts
| $1.32K | +$2.3K | +105 | New |
|
|
5
Wells Fargo
San Francisco,
California
| $19 | +$22 | +1 | +100% |
|
|
OMC
6
Old Mission Capital
Chicago,
Illinois
| – | -$509K | -15,307 | Closed |
|
|
7
Morgan Stanley
New York
| – | -$29.9K | -900 | Closed |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$5.65K | -170 | Closed |
|
IMST Hedge Fund Activity: Q4 2025 in Review
5 of the 8,225 institutional investors tracked by Wall St. Rank reported a position in Bitwise MSTR Option Income Strategy ETF (IMST) for Q4 2025, worth a combined $863K — down 9% from $948K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of IMST and 2 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 3 added.
The largest buyer was Independent Financial Group, opening a new position worth an estimated $1.04M. The largest seller was Old Mission Capital, exiting entirely with an estimated $509K sold.
- 5 institutional investors held Bitwise MSTR Option Income Strategy ETF (IMST) as of Q4 2025, down from 6 in Q3 2025.
- Funds reported $863K of Bitwise MSTR Option Income Strategy ETF stock for Q4 2025, down 9% quarter-over-quarter.
- 2 funds opened new Bitwise MSTR Option Income Strategy ETF positions in Q4 2025 and 3 closed out, a net change of -1 holder.
- The largest Bitwise MSTR Option Income Strategy ETF buyer in Q4 2025 was Independent Financial Group, an estimated $1.04M added.
- The largest Bitwise MSTR Option Income Strategy ETF seller in Q4 2025 was Old Mission Capital, an estimated $509K sold.
Based on aggregated 13F filings for Q4 2025.