Vault-13

BITFARMS LTD BITF

COM · Common Stock · CUSIP 09173B107 · ISIN CA09173B1076

133 institutional holders +13 vs Q4 2023
79,800,76579.8m shares reported held*
$174.3mreported value*
30 new 50 added 26 reduced 16 sold out net bought ≈ $17.6m (+7.9m 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 ($19.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $2.18. Options: 12 managers hold calls ($32.8m notional), 10 hold puts ($8.7m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 88Q4 22: 91Q1 23: 77Q2 23: 86Q3 23: 95Q4 23: 120Q1 24: 133133Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202288
Q4 202291
Q1 202377
Q2 202386
Q3 202395
Q4 2023120
Q1 2024133

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 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 23Q3 23: 48 bought or addedQ3 23: 36 cut or sold outQ3 23Q4 23: 69 bought or addedQ4 23: 34 cut or sold outQ4 23Q1 24: 80 bought or addedQ1 24: 42 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20224336
Q1 20233541
Q2 20234427
Q3 20234836
Q4 20236934
Q1 20248042

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ2 23 calls: $6.3mQ2 23 puts: $1.5mQ2 23P/C 0.24Q3 23 calls: $7.7mQ3 23 puts: $2.2mQ3 23P/C 0.29Q4 23 calls: $40.3mQ4 23 puts: $10.4mQ4 23P/C 0.26Q1 24 calls: $32.8mQ1 24 puts: $8.7mQ1 24P/C 0.27
Numbers
QuarterCallsPutsP/C
Q2 2023$6.3m$1.5m0.24
Q3 2023$7.7m$2.2m0.29
Q4 2023$40.3m$10.4m0.26
Q1 2024$32.8m$8.7m0.27

Biggest buyers

MORGAN STANLEY Added +6,488,298+6.5m
Invesco Ltd. Added +2,893,975+2.9m
Tidal Investments LLC Added +2,571,647+2.6m
MILLENNIUM MANAGEMENT LLC Added +2,264,474+2.3m
Qube Research & Technologies Ltd New +2,235,494+2.2m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +2,067,390+2.1m
Vident Advisory, LLC Added +885,217+885.2k
Gotham Asset Management, LLC New +814,541+814.5k
Quadrature Capital Ltd New +737,084+737.1k
Cetera Investment Advisers New +700,510+700.5k

Biggest sellers

BIT Capital GmbH Reduced -9,525,352-9.5m
TWO SIGMA INVESTMENTS, LP Reduced -4,869,967-4.9m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -1,450,556-1.5m
TWO SIGMA ADVISERS, LP Reduced -682,500-682.5k
SHARIAPORTFOLIO, INC. Reduced -613,746-613.7k
JANE STREET GROUP, LLC Reduced -600,112-600.1k
Cetera Advisors LLC Sold out -486,077-486.1k
VAN ECK ASSOCIATES CORP Reduced -420,978-421.0k
BANK OF AMERICA CORP /DE/ Reduced -400,208-400.2k
Baader Bank Aktiengesellschaft Sold out -277,376-277.4k

Biggest calls

GROUP ONE TRADING LLC Added $11.9m5.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $7.2m3.2m shares
CITADEL ADVISORS LLC Added $4.0m1.8m shares
JANE STREET GROUP, LLC Reduced $3.1m1.4m shares
SIMPLEX TRADING, LLC Added $2.5m1.1m shares
GTS SECURITIES LLC Added $1.5m669.2k shares
Parallax Volatility Advisers, L.P. New $1.4m630.0k shares
WOLVERINE TRADING, LLC Added $902.9k404.9k shares
IMC-Chicago, LLC New $231.9k104.0k shares
HAP Trading, LLC Added $21.0k43.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.1m2.3m shares
CITADEL ADVISORS LLC Reduced $1.4m610.4k shares
SIMPLEX TRADING, LLC Added $588.0k263.8k shares
GROUP ONE TRADING LLC Reduced $537.2k240.9k shares
IMC-Chicago, LLC New $441.3k197.9k shares
WOLVERINE TRADING, LLC Reduced $332.5k149.1k shares
GTS SECURITIES LLC Added $258.9k116.1k shares
JANE STREET GROUP, LLC Added $129.4k58.2k shares
HAP Trading, LLC New $10.0k13.7k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 13,862,75713.9m $30.9m $30.9m 0.01% Added +2.9m +2,893,975
2 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 7,480,7227.5m $16.6m $16.6m 0.02% Reduced -1.5m -1,450,556
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 7,284,6427.3m $16.2m $16.2m 0.00% Added +6.5m +6,488,298
4 Tidal Investments LLC 0.27% of their portfolio Milwaukee, WI 6,975,5387.0m $15.6m $15.6m 0.27% Added +2.6m +2,571,647
5 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 4,776,9124.8m $10.6m $10.6m 0.01% Added +2.3m +2,264,474
6 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 4,177,8344.2m $9.3m $9.3m 0.00% Added +109.2k +109,247
7 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 3,905,3273.9m $8.7m $8.7m 0.01% Added +2.1m +2,067,390
8 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 3,758,8973.8m $8.4m $8.4m 0.01% Reduced -421.0k -420,978
9 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 2,895,0472.9m $2.6m $2.6m 0.01% Reduced -231.0k -230,975
10 Vident Advisory, LLC 0.12% of their portfolio Alpharetta, GA 2,606,9702.6m $5.8m $5.8m 0.12% Added +885.2k +885,217
11 BIT Capital GmbH 0.47% of their portfolio BERLIN, 2M 2,378,7102.4m $5.3m $5.3m 0.47% Reduced -9.5m -9,525,352
12 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 2,235,4942.2m $5.0m $5.0m 0.01% New
13 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,619,0911.6m $3.6m $3.6m 0.00% Added +110.9k +110,938
14 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,484,1661.5m $3.3m $3.3m 0.00% Reduced -600.1k -600,112
15 BlackRock Inc. 0.00% of their portfolio New York, NY 1,154,1421.2m $2.6m $2.6m 0.00% Added +130.8k +130,796
16 Gotham Asset Management, LLC 0.03% of their portfolio NEW YORK, NY 814,541814.5k $1.8m $1.8m 0.03% New
17 Quadrature Capital Ltd 0.03% of their portfolio LONDON, X0 737,084737.1k $1.6m $1.6m 0.03% New
18 GROUP ONE TRADING LLC 0.06% of their portfolio CHICAGO, IL 723,705723.7k $1.6m $1.6m 0.06% Added +609.4k +609,360
19 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 700,510700.5k $1.6m $1.6m 0.00% New
20 Swiss National Bank 0.00% of their portfolio ZURICH, V8 642,000642.0k $1.4m $1.4m 0.00% New
21 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 532,601532.6k $1.2m $1.2m 0.00% Added +532.3k +532,330
22 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 480,900480.9k $1.1m $1.1m 0.00% Reduced -682.5k -682,500
23 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 442,659442.7k $987.1k $987.1k 0.00% New
24 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 430,700430.7k $958.0k $958.0k 0.00% Added +194.2k +194,200
25 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 393,076393.1k $876.6k $876.6k 0.00% Added +145.2k +145,233
26 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 365,198365.2k $814.4k $814.4k 0.00% Reduced -4.9m -4,869,967
27 Selway Asset Management 0.32% of their portfolio BOISE, ID 363,808363.8k $811.3k $811.3k 0.32% Added +351.7k +351,708
28 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 305,586305.6k $919.8k $919.8k 0.00% New
29 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 274,753274.8k $612.0k $612.0k 0.00% New
30 Legal & General Group Plc 0.00% of their portfolio London, X0 271,216271.2k $603.0k $603.0k 0.00% New
31 SIMPLEX TRADING, LLC 0.02% of their portfolio CHICAGO, IL 257,777257.8k $574.0k $574.0k 0.02% Added +67.1k +67,114
32 INTACT INVESTMENT MANAGEMENT INC. 0.02% of their portfolio MONTREAL, A8 253,100253.1k $562.4k $562.4k 0.02% New
33 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 251,019251.0k $558.3k $558.3k 0.00% New
34 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 242,151242.2k $540.0k $540.0k 0.00% New
35 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 239,119239.1k $533.2k $533.2k 0.00% Added +119.3k +119,340
36 Keebeck Wealth Management 0.07% of their portfolio Chicago, IL 222,250222.2k $495.5k $495.5k 0.07% Added +205.0k +205,000
37 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 201,971202.0k $449.2k $449.2k 0.00% Added +6.7k +6,665
38 Brevan Howard Capital Management LP 0.04% of their portfolio ST. HELIER, Y9 200,000200.0k $446.0k $446.0k 0.04% New
39 AWM Investment Company, Inc. 0.06% of their portfolio NEW YORK, NY 192,989193.0k $430.4k $430.4k 0.06% Unchanged
40 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 178,377178.4k $398.0k $398.0k 0.00% Added +2.9k +2,930
41 Gladstone Institutional Advisory LLC 0.02% of their portfolio Bedminster, NJ 176,518176.5k $393.6k $393.6k 0.02% Added +56.9k +56,884
42 Compagnie Lombard Odier SCmA 0.01% of their portfolio 1204 GENEVA, V8 175,000175.0k $389.3k $389.3k 0.01% Unchanged
43 WOLVERINE TRADING, LLC 0.00% of their portfolio CHICAGO, IL 150,445150.4k $335.5k $335.5k 0.00% Added +44.0k +44,022
44 IMC-Chicago, LLC 0.01% of their portfolio CHICAGO, IL 150,015150.0k $334.5k $334.5k 0.01% New
45 Harvest Portfolios Group Inc. 0.01% of their portfolio Oakville, A6 139,622139.6k $310.3k $310.3k 0.01% Reduced -3.7k -3,711
46 INSIGNEO ADVISORY SERVICES, LLC 0.03% of their portfolio MIAMI, FL 126,190126.2k $280.7k $280.7k 0.03% Added +37.0k +36,990
47 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 106,942106.9k $237.9k $237.9k 0.00% Added +2.4k +2,351
48 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 97,75397.8k $217.2k $217.2k 0.00% Added +6.0k +6,020
49 Independent Advisor Alliance 0.01% of their portfolio CHARLOTTE, NC 96,82596.8k $215.9k $215.9k 0.01% Added +3.8k +3,825
50 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 93,69093.7k $278.8k $278.8k 0.00% Added +3.2k +3,225
51 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 91,56591.6k $203.6k $203.6k 0.00% Added +4.7k +4,719
52 SHARIAPORTFOLIO, INC. 0.12% of their portfolio LAKE MARY, FL 91,11091.1k $203.2k $203.2k 0.12% Reduced -613.7k -613,746
53 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 86,65986.7k $193.2k $193.2k 0.00% Reduced -12.2k -12,221
54 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 84,46884.5k $188.4k $188.4k 0.00% Added +38.8k +38,800
55 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 82,98983.0k $185.1k $185.1k 0.00% Reduced -22.8k -22,779
56 Cypress Wealth Services, LLC 0.04% of their portfolio PALM DESERT, CA 78,60078.6k $175.3k $175.3k 0.04% Reduced -4.4k -4,400
57 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 78,37778.4k $174.8k $174.8k 0.00% Added +57.0k +56,977
58 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 76,94776.9k $171.1k $171.1k 0.00% Reduced -4.8k -4,800
59 Phoenix Financial Ltd. 0.00% of their portfolio Givatayim, L3 76,31076.3k $169.7k $169.7k 0.00% Added +25.8k +25,751
60 NWAM LLC 0.01% of their portfolio MERCER ISLAND, WA 73,78173.8k $164.5k $164.5k 0.01% Added +2.4k +2,393
61 Pacific Sage Partners, LLC 0.04% of their portfolio EDMONDS, WA 70,81970.8k $157.9k $157.9k 0.04% Added +15.0k +15,016
62 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 67,92167.9k $151.0k $151.0k 0.00% Added +1.6k +1,554
63 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 65,43965.4k $145.9k $145.9k 0.02% Added +38.6k +38,630
64 CAPSTONE INVESTMENT ADVISORS, LLC 0.00% of their portfolio NEW YORK, NY 64,45564.5k $143.7k $143.7k 0.00% New
65 Bayesian Capital Management, LP 0.01% of their portfolio Brooklyn, NY 63,60063.6k $141.8k $141.8k 0.01% Added +34.2k +34,200
66 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 58,82158.8k $131.2k $131.2k 0.00% New
67 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 48,77048.8k $108.9k $108.9k 0.00% New
68 HBW ADVISORY SERVICES LLC 0.02% of their portfolio SIMI VALLEY, CA 42,10042.1k $123.0k $123.0k 0.02% Unchanged
69 Centiva Capital, LP 0.00% of their portfolio New York, NY 39,37439.4k $87.8k $87.8k 0.00% Added +12.5k +12,537
70 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 35,93035.9k $62.0k $62.0k 0.00% Reduced -11.5k -11,461
71 CHESAPEAKE CAPITAL CORP /IL/ 0.06% of their portfolio TAMPA, FL 35,40035.4k $78.9k $78.9k 0.06% Reduced -5.1k -5,129
72 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 34,80034.8k $77.6k $77.6k 0.00% New
73 Welch Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 32,74032.7k $73.0k $73.0k 0.00% Unchanged
74 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 32,06632.1k $71.5k $71.5k 0.00% New
75 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 30,60530.6k $68.1k $68.1k 0.00% Added +15.4k +15,380
76 UBS Group AG 0.00% of their portfolio ZURICH, V8 30,08530.1k $67.1k $67.1k 0.00% Reduced -12.3k -12,336
77 Evanson Asset Management, LLC 0.00% of their portfolio CARMEL, CA 28,45628.5k $63.5k $63.5k 0.00% Added +10.5k +10,457
78 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 27,70027.7k $61.8k $61.8k 0.00% Added +5.7k +5,661
79 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 25,92625.9k $57.8k $57.8k 0.00% New
80 VIMA LLC 0.07% of their portfolio TROY, MI 25,78125.8k $57.0k $57.0k 0.07% Reduced -5.4k -5,368
81 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 25,07225.1k $55.9k $55.9k 0.00% Unchanged
82 Mariner, LLC 0.00% of their portfolio Overland Park, KS 24,64324.6k $55.0k $55.0k 0.00% Added +6.0k +6,027
83 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 24,59824.6k $54.9k $54.9k 0.00% Added +13.1k +13,121
84 Bellecapital International Ltd. 0.02% of their portfolio ZURICH, V8 22,62422.6k $68.1k $68.1k 0.02% Added +24 +24
85 CCG WEALTH MANAGEMENT, LLC 0.03% of their portfolio SAN DIEGO, CA 22,62422.6k $50.5k $50.5k 0.03% New
86 Impact Partnership Wealth, LLC 0.02% of their portfolio MARIETTA, GA 21,54121.5k $48.0k $48.0k 0.02% Reduced -4.4k -4,394
87 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 21,37721.4k $47.7k $47.7k 0.00% Reduced -2.8k -2,811
88 SHELL ASSET MANAGEMENT CO 0.00% of their portfolio THE HAGUE, P7 20,31820.3k $52.0k $52.0k 0.00% New
89 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 20,00020.0k $44.6k $44.6k 0.00% New
90 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 19,34219.3k $43.0k $43.0k 0.00% Reduced -50 -50
91 Sloy Dahl & Holst, LLC 0.01% of their portfolio Vancouver, WA 19,05119.1k $42.5k $42.5k 0.01% Added +4.1k +4,081
92 HORIZON KINETICS ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 18,30018.3k $40.8k $40.8k 0.00% Unchanged
93 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 17,86117.9k $39.8k $39.8k 0.00% Reduced -400.2k -400,208
94 VitalStone Financial, LLC 0.01% of their portfolio SHAVANO PARK, TX 16,50016.5k $9.0k $9.0k 0.01% New
95 Financial Advocates Investment Management 0.00% of their portfolio OLYMPIA, WA 15,38015.4k $34.3k $34.3k 0.00% Unchanged
96 CI INVESTMENTS INC. 0.00% of their portfolio TORONTO, Z4 15,21715.2k $34.0k $34.0k 0.00% Reduced -6.1k -6,087
97 DLK Investment Management, LLC 0.01% of their portfolio SOLANA BEACH, CA 13,50013.5k $30.1k $30.1k 0.01% Unchanged
98 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 13,44013.4k $29.9k $29.9k 0.00% New
99 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 13,29013.3k $29.6k $29.6k 0.00% Added +1.8k +1,755
100 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 12,94812.9k $28.9k $28.9k 0.00% New