Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Bitwise 10 Crypto Index ETF (BITW)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
2Q ▲
Buyers last Q
64%

Smart Money Signals — BITW

Based on 136 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added BITW than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
136 hedge funds hold BITW right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +13500% more funds vs a year ago

fund count last 6Q
+135 new funds entered over the past year (+13500% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 64% buying

71 buying40 selling
Last quarter: 71 funds were net buyers (27 opened a brand new position + 44 added to an existing one). Only 40 were sellers (23 trimmed + 17 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-97 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 2 → 0 → 124 → 27. 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.
🔄

Mostly new holders — 98% entered in last year

■ 1% conviction (2yr+) ■ 1% medium ■ 98% new
Only 1 funds (1%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares -36%, value -52%

Value
-51%
Shares
-35%
Last quarter: funds added -36% more shares while total portfolio value only changed -52%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🚀

Acceleration phase — new buyers rushing in

0 → 2 → 0 → 124 → 27 new funds/Q
New funds entering each quarter: 2 → 0 → 124 → 27. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🌱

Early stage — 97% of holders entered in last year

■ 1% veterans ■ 1% 1-2yr ■ 97% new
Of 136 current holders: 132 (97%) entered in the past year, only 2 (1%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 22% AUM from major funds

22% from top-100 AUM funds
7 of 136 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
7.4
out of 10
High Exit Risk
Exit risk score 7.4/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Crowded trades can unwind fast — a single catalyst can trigger a cascade.

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 — BITW

In 2026 Q1, 71 hedge funds were net buyers of BITW (27 opened a new position, 44 added to an existing one), while 40 reduced or exited (23 trimmed, 17 sold completely) — a 64% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 22% of total institutional value in BITW is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +10 funds (more new holders than closures). Total institutional holders: 136.

Hedge Fund Ownership: BITW

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

Market Analysis: BITW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BITW

-- --

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

Is It Too Late to Buy Bitwise 10 Crypto Index ETF (BITW) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BITW 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 · 82d ago
BITW
-9.6%
SPY
+15.1%

BITW outperformed SPY by -24.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
BITW
-20.6%
SPY
+1.3%

Since the filing became public, BITW outperformed SPY by -21.9% .

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.

8 top-rated funds 0 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: BITW
136 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 136 126 7.94%
13F Shares 4M 5M -35.78%
Total Value $155M $322M -51.93%
New Positions 27 124 -97
Increased Positions 44 0 +44
Closed Positions 17 1 +16
Reduced Positions 23 1 +22
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BITW

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
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 --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

136 + investors

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

QUARTER:
Top 25 BITW holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Oasis Advisors, LLC 1.52% 48,828 $2.9M
2 Intrinsic Edge Capital Management LLC 0.78% 105,432 $4.7M
3 Yarbrough Capital, LLC 0.78% 498,495 $22.2M
4 Exit Wealth Advisors, LLC. 0.76% 33,190 $1.5M
5 Werba Rubin Papier Wealth Management 0.54% 87,549 $3.9M
6 Founders Capital Management 0.43% 19,604 $874K
7 Strategic Family Wealth Counselors, L.L.C. 0.41% 34,764 $1.6M
8 Brandywine Oak Private Wealth LLC 0.38% 101,772 $4.5M
9 Box Hill Private Wealth LLC 0.25% 5,572 $249K
10 Cambridge Advisors Inc. 0.24% 27,157 $1.2M
11 Archer Investment Management, LLC 0.22% 11,544 $515K
12 Claro Advisors Inc. 0.17% 31,854 $1.4M
13 Farallon Capital Management LLC 0.15% 603,000 $26.9M
14 One Charles Private Wealth Services, LLC 0.15% 13,005 $580K
15 Ade, LLC 0.14% 6,325 $282K
16 Compass Capital Corp /Ma/ /Adv 0.13% 6,951 $357K
17 Shore Point Advisors, LLC 0.12% 7,049 $314K
18 Pasadena Private Wealth, LLC 0.12% 19,816 $884K
19 Western Wealth Management, LLC 0.11% 66,716 $3.0M
20 tru Independence LLC 0.11% 4,870 $217K
21 Souders Financial Advisors 0.10% 19,042 $849K
22 BlackDiamond Wealth Management, LLC 0.10% 4,508 $201K
23 Cura Wealth Advisors, LLC 0.09% 4,595 $205K
24 WCG Wealth Advisors LLC 0.08% 67,850 $3.0M
25 Revolve Wealth Partners, LLC 0.08% 13,845 $618K
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 10 Crypto Index ETF (BITW)

What does the Smart Money Trend signal show for BITW?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added BITW than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BITW?

More buyers than sellers — 64% buying: Last quarter: 71 funds were net buyers (27 opened a brand new position + 44 added to an existing one). Only 40 were sellers (23 trimmed + 17 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BITW holders?

Strong quality — 22% AUM from major funds: 7 of 136 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held BITW?

Mostly new holders — 98% entered in last year: Only 1 funds (1%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Bitwise 10 Crypto Index ETF (BITW) following the 2026 Q1 hedge fund 13F filings?

As of today, BITW has moved -20.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of -21.9%. Since the quarter end (March 31, 2026), BITW has gained -9.6% vs +15.1% 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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