Vault-13

BITFARMS LTD BITF

COM · Common Stock · CUSIP 09173B107 · ISIN CA09173B1076

183 institutional holders -14 vs Q4 2025
255,174,783255.2m shares reported held*
$498.1mreported value*
27 new 62 added 52 reduced 44 sold out net bought ≈ $47.6m (+24.3m 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 ($12.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1.95. Options: 19 managers hold calls ($128.7m notional), 15 hold puts ($24.6m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 88Q4 22: 91Q1 23: 77Q2 23: 86Q3 23: 95Q4 23: 120Q1 24: 133Q2 24: 137Q3 24: 146Q4 24: 148Q1 25: 147Q2 25: 131Q3 25: 171Q4 25: 197Q1 26: 183183Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202288
Q4 202291
Q1 202377
Q2 202386
Q3 202395
Q4 2023120
Q1 2024133
Q2 2024137
Q3 2024146
Q4 2024148
Q1 2025147
Q2 2025131
Q3 2025171
Q4 2025197
Q1 2026183

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 24: 71 bought or addedQ2 24: 56 cut or sold outQ3 24: 58 bought or addedQ3 24: 66 cut or sold outQ3 24Q4 24: 77 bought or addedQ4 24: 60 cut or sold outQ1 25: 72 bought or addedQ1 25: 62 cut or sold outQ1 25Q2 25: 55 bought or addedQ2 25: 65 cut or sold outQ3 25: 109 bought or addedQ3 25: 47 cut or sold outQ3 25Q4 25: 122 bought or addedQ4 25: 85 cut or sold outQ1 26: 89 bought or addedQ1 26: 96 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20247156
Q3 20245866
Q4 20247760
Q1 20257262
Q2 20255565
Q3 202510947
Q4 202512285
Q1 20268996

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ2 25 calls: $3.4mQ2 25 puts: $2.8mQ2 25P/C 0.82Q3 25 calls: $66.7mQ3 25 puts: $39.9mQ3 25P/C 0.60Q4 25 calls: $143.6mQ4 25 puts: $34.1mQ4 25P/C 0.24Q1 26 calls: $128.7mQ1 26 puts: $24.6mQ1 26P/C 0.19
Numbers
QuarterCallsPutsP/C
Q2 2025$3.4m$2.8m0.82
Q3 2025$66.7m$39.9m0.60
Q4 2025$143.6m$34.1m0.24
Q1 2026$128.7m$24.6m0.19

Biggest buyers

Situational Awareness LP Added +12,978,740+13.0m
Point72 Asset Management, L.P. Added +10,511,681+10.5m
Value Aligned Research Advisors, LLC New +7,815,121+7.8m
Azora Capital LP Added +7,556,683+7.6m
Monarch Alternative Capital LP New +7,150,000+7.2m
Brevan Howard Capital Management LP New +3,499,900+3.5m
DIMENSIONAL FUND ADVISORS LP Added +2,940,978+2.9m
MORGAN STANLEY Added +2,735,466+2.7m
CastleKnight Management LP Added +2,601,800+2.6m
Defiance ETFs, LLC New +1,731,901+1.7m

Biggest sellers

JANE STREET GROUP, LLC Reduced -8,054,571-8.1m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -6,939,637-6.9m
CITADEL ADVISORS LLC Reduced -6,453,322-6.5m
MILLENNIUM MANAGEMENT LLC Reduced -4,078,721-4.1m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Sold out -3,710,128-3.7m
TWO SIGMA INVESTMENTS, LP Reduced -2,214,003-2.2m
CloudAlpha Capital Management Limited/Hong Kong Sold out -1,631,964-1.6m
Alyeska Investment Group, L.P. Sold out -1,079,700-1.1m
CLEARFIELD CAPITAL MANAGEMENT LP Sold out -1,050,300-1.1m
Walleye Capital LLC Reduced -1,000,996-1.0m

Biggest calls

JANE STREET GROUP, LLC Reduced $33.8m17.2m shares
WELLS FARGO & COMPANY/MN Unchanged $29.2m15.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $25.9m13.3m shares
TORONTO DOMINION BANK New $11.6m6.0m shares
CITADEL ADVISORS LLC Reduced $8.4m4.3m shares
GROUP ONE TRADING LLC Added $7.1m3.6m shares
IMC-Chicago, LLC Reduced $3.0m1.5m shares
SIMPLEX TRADING, LLC Reduced $2.6m1.3m shares
OnyxPoint Global Management LP Unchanged $2.6m1.3m shares
PEAK6 LLC Reduced $975.0k500.0k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $7.3m3.7m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.7m1.9m shares
Balyasny Asset Management L.P. Added $2.9m1.5m shares
SIMPLEX TRADING, LLC Reduced $2.4m1.2m shares
TORONTO DOMINION BANK New $2.0m1.1m shares
CITIGROUP INC New $1.3m656.1k shares
JANE STREET GROUP, LLC Reduced $1.2m626.7k shares
GROUP ONE TRADING LLC Reduced $1.0m531.0k shares
IMC-Chicago, LLC Reduced $989.2k507.3k shares
NATIONAL BANK OF CANADA /FI/ New $585.0k3.0k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 20,818,07120.8m $40.8m $40.8m 0.04% Reduced -8.1m -8,054,571
2 Situational Awareness Partners LP 1.01% of their portfolio SAN FRANCISCO, CA 19,875,84019.9m $38.8m $38.8m 1.01% First filing
3 Situational Awareness LP 1.01% of their portfolio SAN FRANCISCO, CA 19,875,84019.9m $38.8m $38.8m 1.01% Added +13.0m +12,978,740
4 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 13,565,21313.6m $26.5m $26.5m 0.02% Reduced -6.5m -6,453,322
5 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 12,025,05112.0m $23.4m $23.4m 0.00% Reduced -398.8k -398,829
6 Point72 Asset Management, L.P. 0.04% of their portfolio STAMFORD, CT 11,612,81311.6m $22.6m $22.6m 0.04% Added +10.5m +10,511,681
7 CastleKnight Management LP 0.99% of their portfolio New York, NY 10,894,96910.9m $21.2m $21.2m 0.99% Added +2.6m +2,601,800
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 10,710,32410.7m $20.9m $20.9m 0.00% Added +2.7m +2,735,466
9 Azora Capital LP 1.31% of their portfolio MIAMI, FL 10,194,45510.2m $19.9m $19.9m 1.31% Added +7.6m +7,556,683
10 Connor, Clark & Lunn Investment Management Ltd. 0.04% of their portfolio VANCOUVER, A1 7,886,2417.9m $15.5m $15.5m 0.04% Reduced -13.6k -13,583
11 Value Aligned Research Advisors, LLC 0.18% of their portfolio PRINCETON, NJ 7,815,1217.8m $15.2m $15.2m 0.18% New
12 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 7,767,1317.8m $15.1m $15.1m 0.02% Added +882.7k +882,700
13 Monarch Alternative Capital LP 2.37% of their portfolio New York, NY 7,150,0007.2m $13.9m $13.9m 2.37% New
14 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio CAUSEWAY BAY, K3 7,004,6597.0m $13.7m $13.7m 0.02% Reduced -169.2k -169,201
15 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 6,097,4546.1m $11.9m $11.9m 0.00% Added +2.9m +2,940,978
16 BIT Capital GmbH 0.62% of their portfolio BERLIN, 2M 5,719,2775.7m $11.2m $11.2m 0.62% Added +1.5m +1,482,365
17 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 5,523,3505.5m $10.8m $10.8m 0.01% Added +542.3k +542,325
18 Vident Advisory, LLC 0.07% of their portfolio Alpharetta, GA 4,046,6574.0m $7.9m $7.9m 0.07% Reduced -665.0k -665,000
19 Brevan Howard Capital Management LP 0.07% of their portfolio ST. HELIER, Y9 3,499,9003.5m $6.8m $6.8m 0.07% New
20 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,357,2743.4m $6.5m $6.5m 0.00% Reduced -7.3k -7,320
21 NOMURA HOLDINGS INC 0.05% of their portfolio TOKYO, M0 3,219,5083.2m $6.3m $6.3m 0.05% Added +229.3k +229,252
22 Galaxy Digital Capital Management GP LLC 7.71% of their portfolio NEW YORK, NY 3,072,9793.1m $6.0m $6.0m 7.71% Added +1.2m +1,187,251
23 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 3,016,9673.0m $5.9m $5.9m 0.00% Added +314.2k +314,182
24 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,874,9382.9m $5.6m $5.6m 0.00% Added +190.2k +190,203
25 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 2,731,8932.7m $5.3m $5.3m 0.00% Reduced -4.1m -4,078,721
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 2,621,0372.6m $5.1m $5.1m 0.01% Reduced -6.9m -6,939,637
27 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 2,522,4742.5m $4.9m $4.9m 0.00% Added +1.0m +1,004,566
28 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 2,226,5722.2m $4.4m $4.4m 0.00% Added +51.0k +51,036
29 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 2,113,0212.1m $4.1m $4.1m 0.01% Reduced -289.5k -289,513
30 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 1,931,7481.9m $3.8m $3.8m 0.00% Reduced -2.2m -2,214,003
31 Defiance ETFs, LLC 0.05% of their portfolio NEW YORK, NY 1,731,9011.7m $3.4m $3.4m 0.05% New
32 MMCAP International Inc. SPC 0.29% of their portfolio GRAND CAYMAN, E9 1,695,2981.7m $3.3m $3.3m 0.29% Unchanged
33 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,651,0221.7m $3.2m $3.2m 0.00% Reduced -31.4k -31,417
34 CONTINENTAL GENERAL INSURANCE CO 0.46% of their portfolio Austin, TX 1,650,1521.7m $3.2m $3.2m 0.46% New
35 Creek Drive Management Group LLC 2.01% of their portfolio SAN FRANCISCO, CA 1,640,0001.6m $3.2m $3.2m 2.01% Added +790.0k +790,000
36 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 1,500,3801.5m $2.9m $2.9m 0.01% Added +1.3m +1,349,578
37 SIMPLEX TRADING, LLC 0.08% of their portfolio CHICAGO, IL 1,321,6541.3m $2.6m $2.6m 0.08% Reduced -265.9k -265,867
38 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,172,6661.2m $2.3m $2.3m 0.00% Reduced -246.0k -246,018
39 Swiss National Bank 0.00% of their portfolio ZURICH, V8 1,131,3001.1m $2.2m $2.2m 0.00% Added +98.5k +98,500
40 GROUP ONE TRADING LLC 0.07% of their portfolio CHICAGO, IL 1,031,3661.0m $2.0m $2.0m 0.07% Reduced -844.9k -844,908
41 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 1,027,5351.0m $2.0m $2.0m 0.00% Added +19.6k +19,620
42 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 1,001,6121.0m $1.8m $1.8m 0.00% Added +710.9k +710,863
43 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 986,372986.4k $1.9m $1.9m 0.00% Reduced -235.4k -235,425
44 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 963,247963.2k $1.9m $1.9m 0.00% Added +57.1k +57,092
45 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 877,307877.3k $1.7m $1.7m 0.00% Added +3.3k +3,265
46 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 832,730832.7k $1.6m $1.6m 0.00% Added +483.8k +483,830
47 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 742,441742.4k $1.5m $1.5m 0.00% Added +202.8k +202,753
48 Polymer Capital Management (US) LLC 0.19% of their portfolio NEW YORK, NY 646,208646.2k $1.3m $1.3m 0.19% New
49 Caption Management, LLC 0.05% of their portfolio OKLAHOMA CITY, OK 528,100528.1k $1.0m $1.0m 0.05% Added +169.3k +169,300
50 CIBC Asset Management Inc 0.00% of their portfolio TORONTO, Z4 500,632500.6k $979.4k $979.4k 0.00% Added +21.7k +21,729
51 Legal & General Group Plc 0.00% of their portfolio London, X0 491,726491.7k $961.9k $961.9k 0.00% Added +39.0k +38,990
52 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 466,086466.1k $913.8k $913.8k 0.00% Reduced -7.0k -6,994
53 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 450,501450.5k $878.5k $878.5k 0.00% Reduced -994.2k -994,184
54 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% of their portfolio VICTORIA, A1 442,309442.3k $868.2k $868.2k 0.01% Added +167.3k +167,275
55 Baader Bank Aktiengesellschaft 0.08% of their portfolio Unterschleissheim, 2M 410,446410.4k $790.7k $790.7k 0.08% Reduced -223.5k -223,527
56 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 404,991405.0k $792.3k $792.3k 0.00% Unchanged
57 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 360,060360.1k $701.5k $701.5k 0.00% Added +79.5k +79,458
58 VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio London, EC4N 8AF, X0 348,739348.7k $684.4k $684.4k 0.00% First filing
59 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 344,452344.5k $671.7k $671.7k 0.01% Added +256.1k +256,131
60 CANTOR FITZGERALD, L. P. 0.02% of their portfolio NEW YORK, NY 332,619332.6k $648.6k $648.6k 0.02% New
61 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 316,865316.9k $617.9k $617.9k 0.00% New
62 Marex Group Ltd 0.01% of their portfolio London, X0 282,249282.2k $550.4k $550.4k 0.01% Reduced -491.9k -491,871
63 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 277,552277.6k $542.8k $542.8k 0.00% Added +10.2k +10,205
64 HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 0.04% of their portfolio SINGAPORE, U0 258,459258.5k $504.0k $504.0k 0.04% New
65 Round Rock Advisors LLC 0.10% of their portfolio WILTON, CT 248,493248.5k $678.4k $678.4k 0.10% Reduced -79.2k -79,178
66 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 214,108214.1k $418.0k $418.0k 0.00% Added +3.3k +3,275
67 Alight Capital Management LP 0.11% of their portfolio New York, NY 200,000200.0k $390.0k $390.0k 0.11% Reduced -600.0k -600,000
68 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.00% of their portfolio Madrid, U3 185,256185.3k $353.8k $353.8k 0.00% Reduced -13.9k -13,944
69 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 183,470183.5k $357.8k $357.8k 0.00% Added +1.1k +1,054
70 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 181,611181.6k $355.3k $355.3k 0.00% Unchanged
71 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 180,861180.9k $353.0k $353.0k 0.00% Added +44.6k +44,557
72 Compagnie Lombard Odier SCmA 0.00% of their portfolio 1204 GENEVA, V8 180,200180.2k $352.5k $352.5k 0.00% Unchanged
73 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.02% of their portfolio Englewood, NJ 179,412179.4k $349.9k $349.9k 0.02% New
74 Vanguard Investments Australia, Ltd. 0.00% of their portfolio Victoria, C3 157,338157.3k $308.8k $308.8k 0.00% First filing
75 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 154,971155.0k $302.2k $302.2k 0.00% Reduced -14.1k -14,120
76 Alberta Investment Management Corp 0.00% of their portfolio EDMONTON, A0 138,750138.8k $272.3k $272.3k 0.00% New
77 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 136,347136.3k $267.2k $267.2k 0.00% Added +113.9k +113,936
78 INSIGNEO ADVISORY SERVICES, LLC 0.02% of their portfolio MIAMI, FL 136,227136.2k $265.6k $265.6k 0.02% Unchanged
79 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 110,393110.4k $216.0k $216.0k 0.00% Reduced -114.5k -114,524
80 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 108,929108.9k $212.4k $212.4k 0.00% Reduced -65.8k -65,804
81 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 105,770105.8k $206.3k $206.3k 0.00% Added +100 +100
82 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 105,176105.2k $205.1k $205.1k 0.00% Reduced -1.9k -1,919
83 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 91,66691.7k $178.7k $178.7k 0.00% Added +3.2k +3,249
84 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 89,99590.0k $175.5k $175.5k 0.00% Added +26.0k +26,031
85 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 89,49689.5k $174.5k $174.5k 0.00% Reduced -10.6k -10,630
86 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 85,72185.7k $168.2k $168.2k 0.00% Reduced -29.8k -29,846
87 Phoenix Financial Ltd. 0.00% of their portfolio Givatayim, L3 85,28885.3k $166.2k $166.2k 0.00% Unchanged
88 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 84,77684.8k $155.5k $155.5k 0.00% New
89 Pacific Sage Partners, LLC 0.03% of their portfolio EDMONDS, WA 81,44481.4k $158.8k $158.8k 0.03% Added +170 +170
90 IMC-Chicago, LLC 0.00% of their portfolio CHICAGO, IL 81,26881.3k $158.5k $158.5k 0.00% New
91 Investment Management Corp of Ontario 0.00% of their portfolio Toronto, Z4 73,70073.7k $143.7k $143.7k 0.00% Added +10.2k +10,200
92 Caitong International Asset Management Co., Ltd 0.02% of their portfolio HONG KONG, K3 67,88367.9k $132.4k $132.4k 0.02% Added +10.1k +10,098
93 Quantbot Technologies LP 0.01% of their portfolio NEW YORK, NY 63,38063.4k $123.6k $123.6k 0.01% Added +13.0k +12,995
94 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 62,36062.4k $122.4k $122.4k 0.00% Unchanged
95 Harvest Portfolios Group Inc. 0.00% of their portfolio Oakville, A6 62,33162.3k $122.3k $122.3k 0.00% Reduced -27.9k -27,927
96 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 59,28959.3k $115.6k $115.6k 0.00% Reduced -27.7k -27,708
97 PEAK6 LLC 0.00% of their portfolio AUSTIN, TX 56,56956.6k $110.3k $110.3k 0.00% Reduced -302.0k -302,031
98 TRUEFG, LLC 0.03% of their portfolio CEDAR PARK, TX 51,00051.0k $99.5k $99.5k 0.03% Added +25.0k +25,000
99 CI INVESTMENTS INC. 0.00% of their portfolio TORONTO, Z4 50,99651.0k $99.4k $99.4k 0.00% Added +7.2k +7,235
100 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 49,84749.8k $97.2k $97.2k 0.00% Added +3.2k +3,186