Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Bitwise Funds Trust (BITQ)

88 + Investors. Track Smart Money conviction in BITQ. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -7
Streak
1Q ▼
Buyers last Q
48%

Smart Money Signals — BITQ

Based on 91 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their BITQ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 93% of 3.0Y peak

93% of all-time peak
91 funds currently hold this stock — 93% of the 3.0-year high of 98 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +18% more funds vs a year ago

fund count last 6Q
+14 new funds entered over the past year (+18% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 48% buying

42 buying46 selling
Last quarter: 46 funds reduced or exited vs 42 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 19 → 26 → 19 → 10. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

48% of holders stayed for 2+ years

■ 48% conviction (2yr+) ■ 29% medium ■ 23% new
44 out of 91 hedge funds have held BITQ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

5 → 19 → 26 → 19 → 10 new funds/Q
New funds entering each quarter: 19 → 26 → 19 → 10. BITQ is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 49% veterans vs 31% newcomers

■ 49% veterans ■ 19% 1-2yr ■ 31% new
Entry-cohort mix of 93 holders: 46 (49%) are 2+ year veterans, 18 entered 1–2 years ago, and 29 (31%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 62% AUM from top-100 funds

62% from top-100 AUM funds
14 of 91 holders are among the 100 largest funds by AUM, controlling 62% of total institutional value in BITQ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BITQ

In 2026 Q1, 42 hedge funds were net buyers of BITQ (10 opened a new position, 32 added to an existing one), while 46 reduced or exited (29 trimmed, 17 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 62% of total institutional value in BITQ is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -7 funds (more exits than new entries). Total institutional holders: 91.

Hedge Fund Ownership: BITQ

How many hedge funds hold BITQ — quarterly history vs. share price
Quarterly hedge fund ownership of BITQ vs. share price

Market Analysis: BITQ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BITQ

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Bitwise Funds Trust (BITQ) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BITQ has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 84d ago
BITQ
+46.1%
SPY
+14.9%

BITQ outperformed SPY by +31.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 39d ago
BITQ
+4.4%
SPY
+1.1%

Since the filing became public, BITQ outperformed SPY by +3.3% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

6 top-rated funds 0 high-conviction
Consensus
3.7
/ 10
breadth
×
Elite
1.3
/ 10
conviction
Hedge Fund Positioning: BITQ
88 + Investors

Track Smart Money conviction in BITQ. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 88 98 -10.2%
13F Shares 8M 8M 0.24%
Total Value $156M $169M -7.64%
New Positions 10 19 -9
Increased Positions 31 33 -2
Closed Positions 20 18 +2
Reduced Positions 27 28 -1
Total Calls 2 2 -
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 0.5 Bullish

Statistics: BITQ

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

88 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BITQ. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BITQ holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Salus Financial Advisors, LLC 1.58% 144,004 $2.7M
2 Oasis Advisors, LLC 1.21% 114,399 $2.3M
3 Founders Capital Management 0.91% 98,803 $1.9M
4 Gainplan LLC 0.63% 44,910 $847K
5 Strategic Family Wealth Counselors, L.L.C. 0.40% 80,328 $1.5M
6 Optima Capital LLC 0.34% 38,981 $735K
7 LRI Investments, LLC 0.27% 164,216 $3.1M
8 Fischer Investment Strategies, LLC 0.23% 21,263 $401K
9 Oxinas Partners, LLC 0.15% 17,000 $321K
10 Soltis Investment Advisors LLC 0.06% 54,169 $1.0M
11 Integrated Advisors Network LLC 0.05% 51,425 $970K
12 Wellspring Financial Advisors, LLC 0.04% 31,387 $592K
13 Balboa Wealth Partners 0.03% 10,750 $203K
14 Claro Advisors Inc. 0.03% 14,867 $280K
15 Sanctuary Advisors, LLC 0.03% 305,740 $5.8M
16 AdvisorNet Financial, Inc 0.03% 30,548 $576K
17 Werba Rubin Papier Wealth Management 0.03% 11,221 $212K
18 Brandywine Oak Private Wealth LLC 0.03% 18,546 $350K
19 Ausdal Financial Partners, Inc. 0.03% 31,832 $600K
20 Dynamic Advisor Solutions LLC 0.02% 40,596 $766K
21 Essex Financial Services, Inc. 0.02% 22,763 $429K
22 Rothschild Investment LLC 0.02% 24,250 $457K
23 MCF Advisors LLC 0.02% 28,424 $536K
24 Arete Wealth Advisors, LLC 0.02% 15,850 $299K
25 Atria Investments, Inc 0.02% 96,503 $1.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Bitwise Funds Trust (BITQ)

What does the Smart Money Trend signal show for BITQ?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their BITQ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BITQ?

More sellers than buyers — 48% buying: Last quarter: 46 funds reduced or exited vs 42 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for BITQ holders?

Elite ownership — 62% AUM from top-100 funds: 14 of 91 holders are among the 100 largest funds by AUM, controlling 62% of total institutional value in BITQ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BITQ?

48% of holders stayed for 2+ years: 44 out of 91 hedge funds have held BITQ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Bitwise Funds Trust (BITQ) following the 2026 Q1 hedge fund 13F filings?

As of today, BITQ has moved +4.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of +3.3%. Since the quarter end (March 31, 2026), BITQ has gained +46.1% vs +14.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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