Vault-13

BITFARMS LTD BITF

COM · Common Stock · CUSIP 09173B107 · ISIN CA09173B1076

86 institutional holders +9 vs Q1 2023
35,330,02735.3m shares reported held*
$52.1mreported value*
17 new 27 added 18 reduced 9 sold out net bought ≈ $10.3m (+7.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($38.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1.47. Options: 8 managers hold calls ($6.3m notional), 6 hold puts ($1.5m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 88Q4 22: 91Q1 23: 77Q2 23: 8686Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202288
Q4 202291
Q1 202377
Q2 202386

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 22: 43 bought or addedQ4 22: 36 cut or sold outQ4 22Q1 23: 35 bought or addedQ1 23: 41 cut or sold outQ1 23Q2 23: 44 bought or addedQ2 23: 27 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224336
Q1 20233541
Q2 20234427

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6m$8mQ3 22 calls: $6.6mQ3 22 puts: $1.7mQ3 22P/C 0.27Q4 22 calls: $1.6mQ4 22 puts: $500.9kQ4 22P/C 0.32Q1 23 calls: $2.4mQ1 23 puts: $920.0kQ1 23P/C 0.38Q2 23 calls: $6.3mQ2 23 puts: $1.5mQ2 23P/C 0.24
Numbers
QuarterCallsPutsP/C
Q3 2022$6.6m$1.7m0.27
Q4 2022$1.6m$500.9k0.32
Q1 2023$2.4m$920.0k0.38
Q2 2023$6.3m$1.5m0.24

Biggest buyers

STATE STREET CORP Added +2,987,589+3.0m
RENAISSANCE TECHNOLOGIES LLC New +1,568,900+1.6m
MILLENNIUM MANAGEMENT LLC Added +1,085,576+1.1m
BIT Capital GmbH Added +762,101+762.1k
VAN ECK ASSOCIATES CORP Added +508,344+508.3k
CITADEL ADVISORS LLC New +409,813+409.8k
XTX Topco Ltd New +394,093+394.1k
TWO SIGMA INVESTMENTS, LP New +361,487+361.5k
WELLINGTON MANAGEMENT GROUP LLP Added +308,303+308.3k
MORGAN STANLEY Added +282,516+282.5k

Biggest sellers

Invesco Ltd. Reduced -1,983,225-2.0m
Mirae Asset Global Investments Co., Ltd. Reduced -373,579-373.6k
Vident Investment Advisory, LLC Reduced -162,764-162.8k
JANE STREET GROUP, LLC Reduced -161,545-161.5k
BANK OF MONTREAL /CAN/ Reduced -134,986-135.0k
SG Americas Securities, LLC Sold out -58,955-59.0k
Mitsubishi UFJ Asset Management Co., Ltd. Reduced -55,252-55.3k
BlackRock Inc. Reduced -53,272-53.3k
HRT FINANCIAL LP Sold out -48,157-48.2k
AMERICAN CENTURY COMPANIES INC Reduced -37,407-37.4k

Biggest calls

CITADEL ADVISORS LLC Added $1.6m1.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.5m1.0m shares
GROUP ONE TRADING LLC Added $1.3m861.8k shares
JANE STREET GROUP, LLC Added $1.1m761.5k shares
SIMPLEX TRADING, LLC Added $767.0k521.9k shares
HAP Trading, LLC Added $7.4k50.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Reduced $01.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $950.1k646.3k shares
CITADEL ADVISORS LLC Reduced $326.2k221.9k shares
GROUP ONE TRADING LLC Added $120.5k82.0k shares
SIMPLEX TRADING, LLC Reduced $68.0k46.4k shares
JANE STREET GROUP, LLC New $56.1k37.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
ARMISTICE CAPITAL, LLC 13G · institution new · filed 2025-08-14 10.0% new 1.1m 2025-08-14

Fell to 5% or below in the last year: JANE STREET GROUP, LLC (3.8%, 2026-05-11), Citadel Securities GP LLC (4.0%, 2026-02-12)

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 6,301,7466.3m $9.3m $9.3m 0.00% Reduced -2.0m -1,983,225
2 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 4,228,0874.2m $6.2m $6.2m 0.00% Added +3.0m +2,987,589
3 Tidal Investments LLC 0.18% of their portfolio Milwaukee, WI 4,140,3384.1m $6.1m $6.1m 0.18% Added +162.9k +162,894
4 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 3,019,0273.0m $4.4m $4.4m 0.01% Added +508.3k +508,344
5 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 2,520,4192.5m $3.7m $3.7m 0.01% Reduced -373.6k -373,579
6 BIT Capital GmbH 0.27% of their portfolio BERLIN, 2M 1,602,2431.6m $2.4m $2.4m 0.27% Added +762.1k +762,101
7 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 1,568,9001.6m $2.3m $2.3m 0.00% New
8 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,213,5861.2m $1.8m $1.8m 0.00% Added +1.1m +1,085,576
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,015,5321.0m $1.5m $1.5m 0.00% Added +63.1k +63,111
10 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 886,763886.8k $1.3m $1.3m 0.00% Added +308.3k +308,303
11 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 851,063851.1k $1.3m $1.3m 0.00% Reduced -37.4k -37,407
12 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 818,289818.3k $1.2m $1.2m 0.00% Added +100.5k +100,489
13 Cetera Advisors LLC 0.02% of their portfolio DENVER, CO 718,392718.4k $1.1m $1.1m 0.02% Added +40.2k +40,249
14 Vident Investment Advisory, LLC 0.03% of their portfolio Alpharetta, GA 687,869687.9k $1.0m $1.0m 0.03% Reduced -162.8k -162,764
15 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 479,023479.0k $715.8k $715.8k 0.00% Reduced -135.0k -134,986
16 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 409,813409.8k $602.4k $602.4k 0.00% New
17 XTX Topco Ltd 0.10% of their portfolio LONDON, X0 394,093394.1k $579.3k $579.3k 0.10% New
18 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 361,487361.5k $531.4k $531.4k 0.00% New
19 Rothschild Wealth LLC 0.15% of their portfolio OAK BROOK, IL 323,000323.0k $477.6k $477.6k 0.15% Added +18.0k +18,000
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 304,194304.2k $447.2k $447.2k 0.00% Added +282.5k +282,516
21 BlackRock Inc. 0.00% of their portfolio New York, NY 282,713282.7k $415.6k $415.6k 0.00% Reduced -53.3k -53,272
22 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 199,080199.1k $294.9k $294.9k 0.00% Added +25.8k +25,825
23 AWM Investment Company, Inc. 0.04% of their portfolio NEW YORK, NY 192,989193.0k $283.7k $283.7k 0.04% Unchanged
24 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 186,000186.0k $273.4k $273.4k 0.00% Added +175.7k +175,700
25 Compagnie Lombard Odier SCmA 0.01% of their portfolio 1204 GENEVA, V8 175,000175.0k $259.2k $259.2k 0.01% Unchanged
26 Harvest Portfolios Group Inc. 0.01% of their portfolio Oakville, A6 168,232168.2k $248.9k $248.9k 0.01% Added +33.6k +33,585
27 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 141,752141.8k $209.7k $209.7k 0.00% Reduced -161.5k -161,545
28 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 137,465137.5k $203.5k $203.5k 0.00% New
29 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 127,466127.5k $188.0k $188.0k 0.00% New
30 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 121,139121.1k $178.1k $178.1k 0.00% New
31 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 107,628107.6k $158.2k $158.2k 0.00% Reduced -7.6k -7,640
32 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 106,834106.8k $157.0k $157.0k 0.00% Reduced -55.3k -55,252
33 Selway Asset Management 0.06% of their portfolio BOISE, ID 99,60099.6k $146.4k $146.4k 0.06% Reduced -300 -300
34 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 97,26597.3k $143.3k $143.3k 0.00% Added +12.5k +12,500
35 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 94,12894.1k $138.4k $138.4k 0.00% Added +82.6k +82,576
36 Independent Advisor Alliance 0.01% of their portfolio CHARLOTTE, NC 93,00093.0k $136.7k $136.7k 0.01% Added +50.0k +50,000
37 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 86,14386.1k $127.4k $127.4k 0.00% Added +10.9k +10,934
38 Cypress Wealth Services, LLC 0.04% of their portfolio PALM DESERT, CA 83,00083.0k $152.7k $152.7k 0.04% Unchanged
39 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 74,87574.9k $111.0k $111.0k 0.00% Added +44.4k +44,445
40 NWAM LLC 0.01% of their portfolio MERCER ISLAND, WA 66,46166.5k $97.7k $97.7k 0.01% New
41 Gladstone Institutional Advisory LLC 0.01% of their portfolio Bedminster, NJ 62,58062.6k $92.0k $92.0k 0.01% Reduced -6.5k -6,520
42 Impact Partnership Wealth, LLC 0.03% of their portfolio MARIETTA, GA 60,76160.8k $89.3k $89.3k 0.03% First filing
43 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 57,37557.4k $84.3k $84.3k 0.00% Added +38.4k +38,352
44 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 56,88256.9k $83.6k $83.6k 0.00% Reduced -21.3k -21,300
45 Virtu Financial LLC 0.01% of their portfolio New York, NY 52,93252.9k $78.0k $78.0k 0.01% New
46 Pacific Sage Partners, LLC 0.02% of their portfolio EDMONDS, WA 50,00050.0k $73.5k $73.5k 0.02% Unchanged
47 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 40,85440.9k $60.1k $60.1k 0.00% Added +34.2k +34,244
48 Jump Financial, LLC 0.00% of their portfolio Chicago, IL 39,62539.6k $58.2k $58.2k 0.00% New
49 UBS Group AG 0.00% of their portfolio ZURICH, V8 36,77836.8k $54.1k $54.1k 0.00% Reduced -2.4k -2,365
50 Welch Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 32,74032.7k $48.1k $48.1k 0.00% Unchanged
51 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 32,63032.6k $48.0k $48.0k 0.00% Added +9.8k +9,750
52 Leonteq Securities AG 0.00% of their portfolio ZURICH, V8 30,58330.6k $45.0k $45.0k 0.00% Reduced -4.2k -4,220
53 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 30,46130.5k $45.0k $45.0k 0.00% Unchanged
54 Bluespring Wealth Management, LLC 0.01% of their portfolio AUSTIN, TX 27,40027.4k $40.3k $40.3k 0.01% Unchanged
55 CI INVESTMENTS INC. 0.00% of their portfolio TORONTO, Z4 25,10725.1k $37.0k $37.0k 0.00% New
56 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 25,07225.1k $36.9k $36.9k 0.00% Unchanged
57 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 21,54421.5k $31.9k $31.9k 0.00% Added +6.6k +6,605
58 Financial Advocates Investment Management 0.00% of their portfolio OLYMPIA, WA 20,38020.4k $30.0k $30.0k 0.00% Added +500 +500
59 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 19,70019.7k $38.4k $38.4k 0.00% Added +13.0k +13,000
60 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 18,77918.8k $27.6k $27.6k 0.00% New
61 HORIZON KINETICS ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 18,30018.3k $26.9k $26.9k 0.00% Unchanged
62 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 15,77115.8k $23.2k $23.2k 0.00% Reduced -1.7k -1,742
63 Gotham Asset Management, LLC 0.00% of their portfolio NEW YORK, NY 15,75315.8k $23.2k $23.2k 0.00% New
64 TWO SIGMA SECURITIES, LLC 0.00% of their portfolio NEW YORK, NY 14,60314.6k $21.5k $21.5k 0.00% Added +596 +596
65 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 12,84912.8k $18.9k $18.9k 0.00% Reduced -6.6k -6,626
66 Bernardo Wealth Planning LLC 0.01% of their portfolio HARLEYSVILLE, PA 12,80112.8k $18.8k $18.8k 0.01% Unchanged
67 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 12,13712.1k $20.2k $20.2k 0.00% Added +296 +296
68 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 10,96511.0k $16.1k $16.1k 0.00% Unchanged
69 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 3,6613.7k $5.4k $5.4k 0.00% Unchanged
70 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 2,0002.0k $2.9k $2.9k 0.00% New
71 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,3811.4k $2.0k $2.0k 0.00% Unchanged
72 Raleigh Capital Management Inc. 0.00% of their portfolio CARY, NC 576576 $846 $846 0.00% Unchanged
73 Tradewinds Capital Management, LLC 0.00% of their portfolio BELLINGHAM, WA 575575 $846 $846 0.00% Unchanged
74 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 304304 $447 $447 0.00% Unchanged
75 Cutler Group LLC / CA 0.00% of their portfolio SAN FRANCISCO, CA 267267 $0 $0 0.00% Reduced -445 -445
76 Column Capital Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 200200 $294 $294 0.00% New
77 Roble, Belko & Company, Inc 0.00% of their portfolio SEWICKLEY, PA 200200 $0 $0 0.00% New
78 NewSquare Capital LLC 0.00% of their portfolio NEWTOWN SQUARE, PA 160160 $235 $235 0.00% Unchanged
79 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 100100 $148 $148 0.00% Unchanged
80 BALDWIN WEALTH PARTNERS LLC/MA 0.00% of their portfolio Marion, MA 100100 $147 $147 0.00% Unchanged
81 Robbins Farley 0.00% of their portfolio BEDFORD, NH 100100 $147 $147 0.00% Unchanged
82 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5050 $0 $0 0.00% Reduced -8.6k -8,572
83 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 4040 $59 $59 0.00% Unchanged
84 Quent Capital, LLC 0.00% of their portfolio NEW YORK, NY 1414 $21 $21 0.00% Unchanged
85 Coppell Advisory Solutions LLC 0.00% of their portfolio COPPELL, TX 33 $4 $4 0.00% New
86 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged