Vault-13

ISHARES BITCOIN TRUST ETF IBIT

SHS BEN INT · ETP · CUSIP 46438F101 · ISIN US46438F1012

1,116 institutional holders +438 vs Q3 2024
329,336,067329.3m shares reported held*
$17.5bnreported value*
390 new 432 added 120 reduced 45 sold out net bought ≈ $8.3bn (+156.1m 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 ($452.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $53.14. Options: 49 managers hold calls ($3.6bn notional), 49 hold puts ($2.9bn).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ1 24: 444Q2 24: 601Q3 24: 678Q4 24: 1,1161,116Q1 24Q2 24Q3 24Q4 24
Numbers
QuarterHolders
Q1 2024444
Q2 2024601
Q3 2024678
Q4 20241,116

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 24: 465 bought or addedQ2 24: 118 cut or sold outQ2 24Q3 24: 443 bought or addedQ3 24: 168 cut or sold outQ3 24Q4 24: 822 bought or addedQ4 24: 165 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q2 2024465118
Q3 2024443168
Q4 2024822165

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bn$4bnQ1 24 calls: $0Q1 24 puts: $0Q1 24P/C —Q2 24 calls: $0Q2 24 puts: $0Q2 24P/C —Q3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $3.6bnQ4 24 puts: $2.9bnQ4 24P/C 0.80
Numbers
QuarterCallsPutsP/C
Q1 2024$0$0—
Q2 2024$0$0—
Q3 2024$0$0—
Q4 2024$3.6bn$2.9bn0.80

Biggest buyers

Brevan Howard Capital Management LP New +25,567,302+25.6m
JANE STREET GROUP, LLC Added +16,088,474+16.1m
Symmetry Investments LP Added +12,336,673+12.3m
GOLDMAN SACHS GROUP INC Added +11,308,351+11.3m
Avenir Tech Ltd Added +10,679,602+10.7m
Mubadala Investment Co PJSC New +8,235,533+8.2m
D. E. Shaw & Co., Inc. Added +7,494,123+7.5m
Jericho Capital Asset Management L.P. New +7,128,000+7.1m
Sculptor Capital LP Added +6,865,960+6.9m
DRW Securities, LLC Added +6,586,035+6.6m

Biggest sellers

ARISTEIA CAPITAL, L.L.C. Sold out -8,812,980-8.8m
IMC-Chicago, LLC Reduced -7,516,272-7.5m
Hound Partners, LLC Sold out -2,480,836-2.5m
MAPLELANE CAPITAL, LLC Reduced -1,521,103-1.5m
Graham Capital Management, L.P. Reduced -1,479,300-1.5m
TITAN GLOBAL CAPITAL MANAGEMENT USA LLC Reduced -828,737-828.7k
Yong Rong (HK) Asset Management Ltd Sold out -625,601-625.6k
CloudAlpha Capital Management Limited/Hong Kong Sold out -530,000-530.0k
CRCM LP Reduced -474,830-474.8k
MANGROVE PARTNERS IM, LLC Sold out -434,316-434.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $899.6m17.0m shares
JANE STREET GROUP, LLC New $740.7m14.0m shares
CITADEL ADVISORS LLC New $524.7m9.9m shares
SIMPLEX TRADING, LLC New $512.4m9.7m shares
IMC-Chicago, LLC New $197.7m3.7m shares
GOLDMAN SACHS GROUP INC New $157.3m3.0m shares
EXCHANGE TRADED CONCEPTS, LLC New $82.1m1.5m shares
WOLVERINE TRADING, LLC New $76.8m1.4m shares
AKUNA SECURITIES LLC New $53.9m1.0m shares
BlueCrest Capital Management Ltd New $53.0m1.0m shares

Biggest puts

GOLDMAN SACHS GROUP INC New $527.5m9.9m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $366.1m6.9m shares
JANE STREET GROUP, LLC New $360.8m6.8m shares
CITADEL ADVISORS LLC New $266.3m5.0m shares
SIMPLEX TRADING, LLC New $229.6m4.3m shares
RK Capital Management, LLC/FL New $168.8m3.2m shares
IMC-Chicago, LLC New $109.0m2.1m shares
Graham Capital Management, L.P. New $108.8m2.1m shares
Jefferies Financial Group Inc. New $102.7m1.9m shares
NWI MANAGEMENT LP New $100.8m1.9m 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.

Insider purchases and sales in Q4 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q4 2024.

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MILLENNIUM MANAGEMENT LLC 1.37% of their portfolio NEW YORK, NY 29,850,19829.9m $1.6bn $1.6bn 1.37% Added +6.4m +6,352,197
2 Brevan Howard Capital Management LP 34.26% of their portfolio ST. HELIER, Y9 25,567,30225.6m $1.4bn $1.4bn 34.26% New
3 GOLDMAN SACHS GROUP INC 0.24% of their portfolio NEW YORK, NY 24,077,86124.1m $1.3bn $1.3bn 0.24% Added +11.3m +11,308,351
4 JANE STREET GROUP, LLC 1.37% of their portfolio NEW YORK, NY 16,099,50016.1m $854.1m $854.1m 1.37% Added +16.1m +16,088,474
5 Symmetry Investments LP 40.25% of their portfolio ST HELIER, Y9 12,678,80812.7m $672.6m $672.6m 40.25% Added +12.3m +12,336,673
6 Sculptor Capital LP 10.36% of their portfolio New York, NY 12,257,52512.3m $650.3m $650.3m 10.36% Added +6.9m +6,865,960
7 Avenir Tech Ltd 99.27% of their portfolio CENTRAL, HONG KONG, K3 11,293,79711.3m $599.1m $599.1m 99.27% Added +10.7m +10,679,602
8 D. E. Shaw & Co., Inc. 0.56% of their portfolio New York, NY 9,667,4319.7m $512.9m $512.9m 0.56% Added +7.5m +7,494,123
9 Capula Management Ltd 3.36% of their portfolio Grand Cayman, E9 9,268,8869.3m $491.7m $491.7m 3.36% Added +743.9k +743,930
10 Mubadala Investment Co PJSC 2.14% of their portfolio Abu Dhabi, C0 8,235,5338.2m $436.9m $436.9m 2.14% New
11 TUDOR INVESTMENT CORP ET AL 4.54% of their portfolio STAMFORD, CT 8,048,5528.0m $427.0m $427.0m 4.54% Added +3.6m +3,620,322
12 FARALLON CAPITAL MANAGEMENT, L.L.C. 2.03% of their portfolio SAN FRANCISCO, CA 7,259,1007.3m $385.1m $385.1m 2.03% Added +5.8m +5,819,100
13 Jericho Capital Asset Management L.P. 5.40% of their portfolio LOS ANGELES, CA 7,128,0007.1m $378.1m $378.1m 5.40% New
14 Galaxy Group Investments LLC 50.36% of their portfolio NEW YORK, NY 6,837,5906.8m $362.7m $362.7m 50.36% First filing
15 DRW Securities, LLC 24.12% of their portfolio CHICAGO, IL 6,734,9186.7m $357.3m $357.3m 24.12% Added +6.6m +6,586,035
16 Marex Group Ltd 6.08% of their portfolio London, X0 6,730,6016.7m $357.1m $357.1m 6.08% Added +691.4k +691,381
17 Schonfeld Strategic Advisors LLC 2.22% of their portfolio NEW YORK, NY 6,636,4576.6m $352.1m $352.1m 2.22% Added +1.2m +1,244,523
18 STATE OF WISCONSIN INVESTMENT BOARD 0.83% of their portfolio MADISON, WI 6,060,3516.1m $321.5m $321.5m 0.83% Added +3.2m +3,171,100
19 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 4,861,0834.9m $257.9m $257.9m 0.02% Reduced -189.7k -189,742
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.35% of their portfolio BALA CYNWYD, PA 4,419,0464.4m $234.4m $234.4m 0.35% Added +2.2m +2,208,227
21 RK Capital Management, LLC/FL 7.03% of their portfolio Weston, FL 3,182,4003.2m $168.8m $168.8m 7.03% New
22 CRCM LP 64.97% of their portfolio SAN FRANCISCO, CA 3,012,1253.0m $159.8m $159.8m 64.97% Reduced -474.8k -474,830
23 MACQUARIE GROUP LTD 0.19% of their portfolio Sydney, NSW 2000, C3 2,902,2922.9m $154.0m $154.0m 0.19% Added +2.8m +2,769,937
24 Point72 Asset Management, L.P. 0.42% of their portfolio STAMFORD, CT 2,860,9692.9m $151.8m $151.8m 0.42% New
25 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,605,1022.6m $138.2m $138.2m 0.00% Added +50.5k +50,549
26 BARCLAYS PLC 0.06% of their portfolio LONDON, X0 2,473,0642.5m $131.2m $131.2m 0.06% New
27 Graham Capital Management, L.P. 3.84% of their portfolio ROWAYTON, CT 2,347,8892.3m $124.6m $124.6m 3.84% Reduced -1.5m -1,479,300
28 Pine Ridge Advisers LLC 10.42% of their portfolio NEW YORK, NY 2,208,0752.2m $117.1m $117.1m 10.42% Added +152.9k +152,890
29 Weiss Asset Management LP 2.35% of their portfolio BOSTON, MA 1,944,1051.9m $103.1m $103.1m 2.35% Not comparable
30 NWI MANAGEMENT LP 7.98% of their portfolio NEW YORK, NY 1,900,0001.9m $100.8m $100.8m 7.98% New
31 ParaFi Capital LP 24.00% of their portfolio NEW YORK, NY 1,887,5011.9m $100.1m $100.1m 24.00% First filing
32 BANK OF MONTREAL /CAN/ 0.05% of their portfolio TORONTO, A6 1,883,7601.9m $99.9m $99.9m 0.05% New
33 Anson Funds Management LP 11.51% of their portfolio DALLAS, TX 1,757,9511.8m $93.3m $93.3m 11.51% Added +4.4k +4,365
34 CANTOR FITZGERALD, L. P. 3.32% of their portfolio NEW YORK, NY 1,636,7541.6m $86.8m $86.8m 3.32% Added +1.1m +1,127,368
35 Jefferies Financial Group Inc. 0.96% of their portfolio NEW YORK, NY 1,615,7311.6m $85.7m $85.7m 0.96% Added +1.6m +1,599,554
36 NINE MASTS CAPITAL Ltd 14.79% of their portfolio CENTRAL, K3 1,518,2001.5m $80.5m $80.5m 14.79% Added +346.9k +346,918
37 Pinpoint Asset Management Ltd 13.95% of their portfolio HONG KONG, K3 1,483,5781.5m $78.7m $78.7m 13.95% Reduced -67.9k -67,927
38 IMC-Chicago, LLC 2.07% of their portfolio CHICAGO, IL 1,433,0021.4m $76.0m $76.0m 2.07% Reduced -7.5m -7,516,272
39 ExodusPoint Capital Management, LP 0.78% of their portfolio NEW YORK, NY 1,423,9001.4m $75.5m $75.5m 0.78% Added +1.3m +1,274,000
40 Fortress Investment Group LLC 11.17% of their portfolio NEW YORK, NY 1,325,0001.3m $70.3m $70.3m 11.17% Unchanged
41 Clear Street Derivatives LLC 0.92% of their portfolio NEW YORK, NY 1,301,8481.3m $69.1m $69.1m 0.92% Added +646.3k +646,276
42 BlueCrest Capital Management Ltd 3.55% of their portfolio ST HELIER, Y9 1,181,0271.2m $62.7m $62.7m 3.55% Added +1.1m +1,104,027
43 Corvex Management LP 2.27% of their portfolio NEW YORK, NY 1,175,0001.2m $62.3m $62.3m 2.27% New
44 Verition Fund Management LLC 0.29% of their portfolio GREENWICH, CT 1,067,9261.1m $56.7m $56.7m 0.29% Added +888.2k +888,226
45 CITADEL ADVISORS LLC 0.05% of their portfolio MIAMI, FL 1,062,6911.1m $56.4m $56.4m 0.05% Added +1.0m +1,042,625
46 BOOTHBAY FUND MANAGEMENT, LLC 1.68% of their portfolio NEW YORK, NY 1,054,3381.1m $55.9m $55.9m 1.68% Added +342.3k +342,258
47 Logan Stone Capital, LLC 18.39% of their portfolio CHICAGO, IL 1,035,3151.0m $54.9m $54.9m 18.39% Added +49.4k +49,393
48 Alyeska Investment Group, L.P. 0.18% of their portfolio CHICAGO, IL 912,328912.3k $48.4m $48.4m 0.18% New
49 HORIZON KINETICS ASSET MANAGEMENT LLC 0.57% of their portfolio NEW YORK, NY 864,272864.3k $45.8m $45.8m 0.57% Added +58.5k +58,469
50 Betterment LLC 0.10% of their portfolio NEW YORK, NY 768,272768.3k $40.8m $40.8m 0.10% Added +732.8k +732,774
51 MAPLELANE CAPITAL, LLC 4.35% of their portfolio New York, NY 754,897754.9k $40.0m $40.0m 4.35% Reduced -1.5m -1,521,103
52 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 752,583752.6k $39.9m $39.9m 0.02% Added +624.0k +624,036
53 Castle Hook Partners LP 0.83% of their portfolio NEW YORK, NY 732,884732.9k $38.9m $38.9m 0.83% New
54 TITAN GLOBAL CAPITAL MANAGEMENT USA LLC 5.75% of their portfolio NEW YORK, NY 714,457714.5k $37.9m $37.9m 5.75% Reduced -828.7k -828,737
55 Ratan Capital Management LP 5.13% of their portfolio MIAMI, FL 630,000630.0k $33.4m $33.4m 5.13% New
56 Financial Sense Advisors, Inc. 11.18% of their portfolio SAN DIEGO, CA 627,469627.5k $33.3m $33.3m 11.18% Reduced -20.9k -20,871
57 Hudson Bay Capital Management LP 0.20% of their portfolio STAMFORD, CT 615,155615.2k $32.6m $32.6m 0.20% New
58 IvyRock Asset Management (HK) Ltd 14.44% of their portfolio SHEUNG WAN, K3 612,600612.6k $32.5m $32.5m 14.44% Reduced -105.0k -105,000
59 BRIGHT VALLEY CAPITAL Ltd 21.37% of their portfolio HONG KONG, K3 605,000605.0k $32.1m $32.1m 21.37% Added +405.0k +405,000
60 PNC Financial Services Group, Inc. 0.02% of their portfolio Pittsburgh, PA 588,032588.0k $31.2m $31.2m 0.02% Added +157.2k +157,201
61 Hunting Hill Global Capital, LLC 13.91% of their portfolio New York, NY 584,289584.3k $31.0m $31.0m 13.91% New
62 Rubric Capital Management LP 0.53% of their portfolio NEW YORK, NY 553,353553.4k $29.4m $29.4m 0.53% New
63 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 531,954532.0k $28.2m $28.2m 0.09% Reduced -38.7k -38,700
64 Elequin Capital, LP 3.25% of their portfolio NEW YORK, NY 528,260528.3k $28.0m $28.0m 3.25% Added +527.5k +527,478
65 DISCOVERY CAPITAL MANAGEMENT, LLC / CT 1.88% of their portfolio SOUTH NORWALK, CT 521,523521.5k $27.7m $27.7m 1.88% Reduced -332.0k -331,994
66 Wealthfront Advisers LLC 0.08% of their portfolio Palo Alto, CA 517,899517.9k $27.5m $27.5m 0.08% Added +96.1k +96,147
67 Aristides Capital LLC 8.53% of their portfolio LOUISVILLE, KY 514,498514.5k $27.3m $27.3m 8.53% Added +411.6k +411,578
68 Monolith Management Ltd 13.84% of their portfolio HONG KONG, K3 513,869513.9k $27.3m $27.3m 13.84% Reduced -89.4k -89,431
69 LAKEWOOD CAPITAL MANAGEMENT, LP 2.55% of their portfolio New York, NY 512,760512.8k $27.2m $27.2m 2.55% Added +197.4k +197,450
70 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 507,011507.0k $26.9m $26.9m 0.04% Added +173.0k +172,963
71 Oxler Private Wealth LLC 8.73% of their portfolio Rye Brook, NY 500,274500.3k $26.5m $26.5m 8.73% Added +27.3k +27,331
72 All-Stars Investment Ltd 8.66% of their portfolio HONG KONG, K3 446,000446.0k $23.7m $23.7m 8.66% Added +118.5k +118,500
73 Mariner, LLC 0.04% of their portfolio Overland Park, KS 444,974445.0k $23.6m $23.6m 0.04% Added +285.2k +285,162
74 FLOW TRADERS U.S. LLC 0.92% of their portfolio NEW YORK, NY 436,470436.5k $23.2m $23.2m 0.92% New
75 Verde Servicos Internacionais S.A. 9.94% of their portfolio SAO PAULO, D5 435,100435.1k $23.1m $23.1m 9.94% Added +423.1k +423,100
76 Ovata Capital Management Ltd 8.57% of their portfolio HONG KONG, K3 421,268421.3k $22.5m $22.5m 8.57% Reduced -179.0k -179,000
77 Context Capital Management, LLC 0.87% of their portfolio LAJOLLA, CA 421,000421.0k $22.3m $22.3m 0.87% Added +108.0k +108,000
78 Private Advisor Group, LLC 0.13% of their portfolio MORRISTOWN, NJ 419,781419.8k $22.3m $22.3m 0.13% Added +84.0k +83,961
79 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 410,560410.6k $21.8m $21.8m 0.00% Added +249.3k +249,292
80 Paragon Advisors, LLC 7.37% of their portfolio COLLEGE STATION, TX 405,212405.2k $21.5m $21.5m 7.37% Reduced -52.9k -52,899
81 Copperleaf Capital, LLC 13.49% of their portfolio CONCORD, NC 401,427401.4k $21.3m $21.3m 13.49% Added +238.3k +238,264
82 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 381,434381.4k $20.2m $20.2m 0.05% Added +49.5k +49,486
83 KADENSA CAPITAL Ltd 2.41% of their portfolio CENTRAL, K3 373,790373.8k $19.8m $19.8m 2.41% Added +347.3k +347,257
84 GenTrust, LLC 0.85% of their portfolio MIAMI, FL 367,689367.7k $19.5m $19.5m 0.85% Added +6.4k +6,385
85 CLEAR STREET LLC 0.38% of their portfolio NEW YORK, NY 360,000360.0k $19.1m $19.1m 0.38% New
86 Parkwood LLC 2.29% of their portfolio CLEVELAND, OH 350,000350.0k $18.6m $18.6m 2.29% Reduced -177.0k -177,000
87 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 342,999343.0k $18.2m $18.2m 0.04% Added +154.5k +154,494
88 Magnus Financial Group LLC 1.75% of their portfolio NEW YORK, NY 340,888340.9k $18.1m $18.1m 1.75% Added +330.5k +330,457
89 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 328,039328.0k $13.4m $13.4m 0.02% Added +81.3k +81,253
90 Financial Engines Advisors L.L.C. 0.04% of their portfolio SANTA CLARA, CA 319,558319.6k $17.0m $17.0m 0.04% Added +67.7k +67,660
91 QUATTRO FINANCIAL ADVISORS LLC 4.89% of their portfolio The Woodlands, TX 319,100319.1k $18.9m $18.9m 4.89% Unchanged
92 Cable Car Capital, LP 1.26% of their portfolio SAN FRANCISCO, CA 312,600312.6k $16.6m $16.6m 1.26% New
93 Yarbrough Capital, LLC 0.63% of their portfolio FRANKLIN, TN 311,211311.2k $16.5m $16.5m 0.63% Added +170.6k +170,638
94 Foundations Investment Advisors, LLC 0.30% of their portfolio PHOENIX, AZ 297,600297.6k $15.8m $15.8m 0.30% Added +44.8k +44,809
95 Zhang Financial LLC 0.90% of their portfolio PORTAGE, MI 295,872295.9k $15.7m $15.7m 0.90% Added +21.6k +21,629
96 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 295,612295.6k $15.7m $15.7m 0.02% Added +113.2k +113,167
97 Strong Tower Advisory Services 4.07% of their portfolio MINNEAPOLIS, MN 293,705293.7k $15.6m $15.6m 4.07% Added +11.4k +11,379
98 LMR Partners LLP 0.27% of their portfolio LONDON, X0 293,339293.3k $15.6m $15.6m 0.27% Reduced -336.7k -336,661
99 CAPSTONE INVESTMENT ADVISORS, LLC 0.15% of their portfolio NEW YORK, NY 293,041293.0k $15.5m $15.5m 0.15% Reduced -25.4k -25,434
100 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 1.60% of their portfolio Englewood, NJ 284,990285.0k $15.1m $15.1m 1.60% Added +9.8k +9,825