Who Owns iShares Bitcoin Trust ETF (IBIT)?Hedge Fund & Institutional Holders
Institutional Holders
50
as of Q4 2025
Total Institutional Value
$InfinityT
% of Float Held
—
QoQ Change in Holders
+15 / -1
Price History
IBIT — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| Laurore Ltd | New Position | +8.8M | +$436.2M |
| Galaxy Group Investments LLC | New Position | +6.1M | +$303.6M |
| Daiwa Securities Group Inc. | New Position | +1.9M | +$94.0M |
| NINE MASTS CAPITAL Ltd | New Position | +1.9M | +$93.8M |
| IMC-Chicago, LLC | New Position | +1.7M | +$84.8M |
| Copperwood Asset Management LP | New Position | +1.7M | +$83.3M |
| Sanctuary Advisors, LLC | New Position | +1.3M | +$64.6M |
| Cerity Partners LLC | New Position | +1.2M | +$57.0M |
| Wealthfront Advisers LLC | New Position | +1.1M | +$55.4M |
| Quantitative Investment Management, LLC | New Position | +875K | +$43.0M |
| Simplify Asset Management Inc. | New Position | +795K | +$39.5M |
| Belvedere Trading LLC | New Position | +686K | +$34.0M |
| TITAN GLOBAL CAPITAL MANAGEMENT USA LLC | New Position | +621K | +$30.8M |
| COMMONWEALTH EQUITY SERVICES, LLC | New Position | +614K | +$30.0M |
| Yarbrough Capital, LLC | New Position | +601K | +$29.8M |
IBIT — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| Brevan Howard Capital Management LP | Decreased | -31.2M | -$2.4T |
| GOLDMAN SACHS GROUP INC | Decreased | -13.3M | -$2.2T |
| Avenir Tech Ltd | Decreased | -10K | -$1.2T |
| Symmetry Investments LP | Decreased | -9.3M | -$730.2B |
| Weiss Asset Management LP | Decreased | -2.3M | -$653.4B |
| Capula Management Ltd | Decreased | -676 | -$615.9B |
| Clear Street Group Inc. | Decreased | -7.1M | -$488.1B |
| D. E. Shaw & Co., Inc. | Decreased | -2.4M | -$458.9B |
| FARALLON CAPITAL MANAGEMENT LLC | Decreased | -4.9M | -$454.4B |
| WELLS FARGO & COMPANY/MN | Decreased | -309K | -$447.4B |
| HARVARD MANAGEMENT CO INC | Decreased | -1.5M | -$442.6B |
| JPMORGAN CHASE & CO | Decreased | -2.3M | -$343.3B |
| DRW Securities, LLC | Decreased | -3.1M | -$251.1B |
| Sculptor Capital LP | Closed Position | -3.3M | -$214.0B |
| TUDOR INVESTMENT CORP ET AL | Decreased | -2.4M | -$191.5B |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 41,078,700 | $2.0B | 0.23% | Call |
| 2 | JANE STREET GROUP, LLC | 40,075,600 | $2.0B | 0.30% | Call |
| 3 | CITADEL ADVISORS LLC | 36,532,300 | $1.8B | 0.27% | Call |
| 4 | MILLENNIUM MANAGEMENT LLC | 34,333,524 | $1.7B | 0.72% | Share |
| 5 | JANE STREET GROUP, LLC | 31,677,900 | $1.6B | 0.24% | Put |
| 6 | GOLDMAN SACHS GROUP INC | 20,685,044 | $1.0B | 0.13% | Share |
| 7 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 19,314,100 | $958.0M | 0.11% | Put |
| 8 | Avenir Tech Ltd | 18,287,323 | $908.0M | 83.36% | Share |
| 9 | SIMPLEX TRADING, LLC | 17,890,100 | $888.0M | 0.50% | Call |
| 10 | GOLDMAN SACHS GROUP INC | 16,657,200 | $827.0M | 0.10% | Put |
| 11 | IMC-Chicago, LLC | 15,166,700 | $753.0M | 0.27% | Call |
| 12 | JANE STREET GROUP, LLC | 14,463,032 | $718.0M | 0.11% | Share |
| 13 | CITADEL ADVISORS LLC | 12,948,900 | $642.0M | 0.10% | Put |
| 14 | Mubadala Investment Co PJSC | 12,702,323 | $630.7M | 3.61% | Share |
| 15 | IMC-Chicago, LLC | 9,946,900 | $493.9M | 0.18% | Put |
| 16 | Capula Management Ltd | 9,481,233 | $470.0M | 2.35% | Share |
| 17 | Laurore Ltd | 8,786,279 | $436.2M | 100.00% | Share |
| 18 | SIMPLEX TRADING, LLC | 8,660,500 | $429.0M | 0.24% | Put |
| 19 | JPMORGAN CHASE & CO | 8,245,000 | $409.0M | 0.03% | Call |
| 20 | Al Warda Investments RSC Ltd | 8,218,712 | $408.1M | 100.00% | Share |
| 21 | Schonfeld Strategic Advisors LLC | 8,100,589 | $402.2M | 1.78% | Share |
| 22 | Brevan Howard Capital Management LP | 8,058,800 | $400.0M | 4.37% | Call |
| 23 | Weiss Asset Management LP | 7,801,983 | $387.4M | 5.42% | Share |
| 24 | Marex Group plc | 7,648,770 | $379.0M | 2.39% | Share |
| 25 | Galaxy Group Investments LLC | 6,090,206 | $302.4M | 31.54% | Share |
| 26 | JANE STREET GROUP, LLC | 5,835,716 | $289.0M | 0.04% | Share |
| 27 | BARCLAYS PLC | 5,740,800 | $285.0M | 0.07% | Put |
| 28 | BlackRock, Inc. | 5,555,524 | $275.0M | 0.00% | Share |
| 29 | Brevan Howard Capital Management LP | 5,508,847 | $273.0M | 2.98% | Share |
| 30 | HARVARD MANAGEMENT CO INC | 5,353,612 | $265.0M | 12.75% | Share |
| 31 | BARCLAYS PLC | 5,217,010 | $259.0M | 0.06% | Share |
| 32 | MORGAN STANLEY | 5,177,659 | $257.0M | 0.02% | Share |
| 33 | MACQUARIE GROUP LTD | 5,126,143 | $254.0M | 1.11% | Share |
| 34 | Brevan Howard Capital Management LP | 5,000,000 | $248.0M | 2.71% | Put |
| 35 | Hudson Bay Capital Management LP | 4,611,100 | $228.0M | 0.75% | Put |
| 36 | EXCHANGE TRADED CONCEPTS, LLC | 4,504,800 | $223.7M | 1.70% | Call |
| 37 | Marex Group plc | 4,454,000 | $221.0M | 1.39% | Call |
| 38 | MORGAN STANLEY | 4,232,693 | $210.0M | 0.01% | Share |
| 39 | JPMORGAN CHASE & CO | 4,158,400 | $206.0M | 0.01% | Put |
| 40 | CITADEL ADVISORS LLC | 4,027,132 | $199.0M | 0.03% | Share |
| 41 | BlackRock, Inc. | 4,020,599 | $199.0M | 0.00% | Share |
| 42 | 59 North Capital Management, LP | 3,921,034 | $194.7M | 6.06% | Share |
| 43 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 3,869,822 | $192.0M | 0.02% | Share |
| 44 | D. E. Shaw & Co., Inc. | 3,841,900 | $190.0M | 0.10% | Share |
| 45 | Belvedere Trading LLC | 3,635,200 | $180.0M | 0.19% | Call |
| 46 | DRW Securities, LLC | 3,565,000 | $177.0M | 4.68% | Call |
| 47 | WELLS FARGO & COMPANY/MN | 3,548,862 | $176.0M | 0.03% | Share |
| 48 | HBK INVESTMENTS L P | 3,476,600 | $172.6M | 1.36% | Put |
| 49 | CAPSTONE INVESTMENT ADVISORS, LLC | 3,449,900 | $171.0M | 0.33% | Put |
| 50 | BSN Capital Partners Ltd | 2,800,000 | $166.9M | 13.10% | Share |
IBIT Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 1589 | $18.7B | +691 |
| Q3 2025 | 898 | $23.6T | -381 |
| Q2 2025 | 1279 | $16.8T | +118 |
| Q1 2025 | 1161 | $12.1T | +287 |
| Q4 2024 | 874 | $266.9T | +452 |
| Q3 2024 | 422 | $2046.7T | +44 |
| Q2 2024 | 378 | $1485.8T | +100 |
| Q1 2024 | 278 | $828.7T | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 50 institutional investors hold IBIT (iShares Bitcoin Trust ETF). The largest holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP with $2.0B in shares. This quarter, 15 institutions opened new positions and 1 closed their positions.
Frequently Asked Questions
How many hedge funds own IBIT?
As of Q4 2025, 50 institutional investors report holding IBIT (iShares Bitcoin Trust ETF) in their 13F filings.
Who is the largest institutional holder of IBIT?
The largest institutional holder of IBIT is SUSQUEHANNA INTERNATIONAL GROUP, LLP with $2.0B in shares.
Is institutional ownership of IBIT increasing or decreasing?
This quarter, 15 institutions opened new positions in IBIT and 1 closed their positions.