Vault-13

SHARPLINK INC SBET

COM NEW · Common Stock · CUSIP 820014405 · ISIN US8200144058

37 institutional holders
12,230,95912.2m shares reported held*
7.2% of all shares outstanding*
$121.5mreported value*

* 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. Holder counts are more reliable. Shares outstanding: 168.9m as of 2025-08-14, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $9.93. Options: 7 managers hold calls ($14.1m notional), 8 hold puts ($17.9m).

Trends to Q2 2025

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $14.1mQ2 25 puts: $17.9mQ2 25P/C 1.27
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$0$0—
Q1 2025$0$0—
Q2 2025$14.1m$17.9m1.27

Biggest buyers

ParaFi Capital LP New +4,715,430+4.7m
MARSHALL WACE, LLP New +2,704,172+2.7m
Polar Asset Management Partners Inc. New +976,705+976.7k
UBS Group AG New +606,327+606.3k
BIT Capital GmbH New +597,311+597.3k
CITADEL ADVISORS LLC New +493,377+493.4k
JANE STREET GROUP, LLC New +432,340+432.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +374,171+374.2k
JPMORGAN CHASE & CO New +325,200+325.2k
HighTower Advisors, LLC New +165,818+165.8k

Biggest sellers

None

Biggest calls

CITADEL ADVISORS LLC New $4.3m432.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $3.7m370.5k shares
JANE STREET GROUP, LLC New $2.4m243.4k shares
SIMPLEX TRADING, LLC New $2.2m225.8k shares
GROUP ONE TRADING LLC New $1.3m127.4k shares
WOLVERINE TRADING, LLC New $184.4k19.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. New $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $6.2m627.9k shares
CITADEL ADVISORS LLC New $5.6m568.3k shares
JANE STREET GROUP, LLC New $1.8m185.8k shares
NATIONAL BANK OF CANADA /FI/ New $1.7m1.7k shares
SIMPLEX TRADING, LLC New $1.4m142.9k shares
GROUP ONE TRADING LLC New $650.4k65.5k shares
Hunting Hill Global Capital, LLC New $409.1k41.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. New $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
FMR LLC 13G · institution +8.8 pts · filed 2026-08-07 13.3% +8.8 pts 27.6m≈ $132.5m 2026-08-07
HIGHBRIDGE CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-08-14 9.9% new 24.4m≈ $113.5m 2026-08-14
BlackRock, Inc. 13G · institution new · filed 2026-07-30 6.6% new 14.0m≈ $67.3m 2026-07-30

Fell to 5% or below in the last year: Lubin Joseph Michael (4.9%, 2026-10-13)

Insider purchases and sales in Q2 2025

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 2 buyingQ2 25: 0 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20230—0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——
Q2 20252$350.0k0——
DateInsiderTradeSharesPrice ValueTheir holding
2025-05-30 Phythian Rob Chief Executive Officer, director Bought 44,640 $6.72 $300.0k44.6k shares +351%
2025-05-30 DeLucia Robert Michael Chief Financial Officer Bought 7,440 $6.72 $50.0k7.4k shares +112%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ParaFi Capital LP 8.59% of their portfolio NEW YORK, NY 4,715,4304.7m $46.8m $46.8m 8.59% New
2 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 2,704,1722.7m $26.9m $26.9m 0.03% New
3 Polar Asset Management Partners Inc. 0.24% of their portfolio TORONTO, A6 976,705976.7k $9.7m $9.7m 0.24% New
4 UBS Group AG 0.00% of their portfolio ZURICH, V8 606,327606.3k $6.0m $6.0m 0.00% New
5 BIT Capital GmbH 0.39% of their portfolio BERLIN, 2M 597,311597.3k $5.9m $5.9m 0.39% New
6 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 493,377493.4k $4.9m $4.9m 0.00% New
7 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 432,340432.3k $4.3m $4.3m 0.01% New
8 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 374,171374.2k $3.7m $3.7m 0.01% New
9 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 325,200325.2k $3.2m $3.2m 0.00% New
10 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 165,818165.8k $1.6m $1.6m 0.00% New
11 THAMES CAPITAL MANAGEMENT LLC 0.35% of their portfolio Roseland, NJ 157,748157.7k $1.6m $1.6m 0.35% New
12 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 136,618136.6k $1.4m $1.4m 0.00% New
13 XTX Topco Ltd 0.05% of their portfolio LONDON, X0 110,270110.3k $1.1m $1.1m 0.05% New
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 71,79871.8k $713.0k $713.0k 0.00% New
15 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 62,58262.6k $621.4k $621.4k 0.00% New
16 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 43,09843.1k $428.0k $428.0k 0.01% New
17 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 40,66140.7k $403.8k $403.8k 0.00% New
18 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 39,60839.6k $393.0k $393.0k 0.01% New
19 HUB Investment Partners, LLC 0.01% of their portfolio AUSTIN, TX 30,00030.0k $297.9k $297.9k 0.01% New
20 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 28,71828.7k $285.2k $285.2k 0.00% New
21 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 28,20528.2k $280.1k $280.1k 0.01% New
22 Monolith Management Ltd 0.10% of their portfolio HONG KONG, K3 28,20028.2k $280.0k $280.0k 0.10% New
23 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 20,24020.2k $201.0k $201.0k 0.00% New
24 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 15,20415.2k $151.0k $151.0k 0.00% New
25 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 13,93713.9k $138.4k $138.4k 0.00% New
26 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 10,20210.2k $101.3k $101.3k 0.00% New
27 NFSG Corp 0.00% of their portfolio BOCA RATON, FL 1,0001.0k $9.9k $9.9k 0.00% New
28 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 610610 $6.0k $6.0k 0.00% New
29 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 400400 $4.0k $4.0k 0.00% New
30 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 339339 $3.4k $3.4k 0.00% New
31 Parkside Financial Bank & Trust 0.00% of their portfolio SAINT LOUIS, MO 226226 $2.2k $2.2k 0.00% New
32 ELEVATION POINT WEALTH PARTNERS, LLC 0.00% of their portfolio DENVER, CO 176176 $1.7k $1.7k 0.00% New
33 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 133133 $1.0k $1.0k 0.00% New
34 Compagnie Lombard Odier SCmA 0.00% of their portfolio 1204 GENEVA, V8 120120 $1.2k $1.2k 0.00% New
35 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 1010 $99 $99 0.00% New
36 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 55 $50 $50 0.00% New
37 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — New