Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Bitwise 10 Crypto Index ETF (BITW)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -14
Streak
1Q ▼
Buyers last Q
43%

Smart Money Signals — BITW

Based on 122 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their BITW 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 — 90% of 3.0Y peak

90% of all-time peak
122 funds currently hold this stock — 90% of the 3.0-year high of 136 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +3967% more funds vs a year ago

fund count last 6Q
+119 new funds entered over the past year (+3967% 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 sellers than buyers — 43% buying

48 buying63 selling
Last quarter: 63 funds reduced or exited vs 48 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 (-8 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 0 → 125 → 27 → 19. 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 — 99% entered in last year

■ 0% conviction (2yr+) ■ 1% medium ■ 99% new
Only 0 funds (0%) 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.
📊

Peak discovery — momentum slowing

2 → 0 → 125 → 27 → 19 new funds/Q
New funds entering each quarter: 0 → 125 → 27 → 19. BITW is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🌱

Early stage — 99% of holders entered in last year

■ 0% veterans ■ 1% 1-2yr ■ 99% new
Of 122 current holders: 121 (99%) entered in the past year, only 0 (0%) 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 — 20% AUM from major funds

20% from top-100 AUM funds
6 of 122 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
7.3
out of 10
High Exit Risk
Exit risk score 7.3/10 — multiple crowding signals converge. Institutional ownership is at 90% of its all-time high — near peak crowding. Selling pressure exceeds buying: only 43% of active funds buying. 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 Q2, 48 hedge funds were net buyers of BITW (19 opened a new position, 29 added to an existing one), while 63 reduced or exited (30 trimmed, 33 sold completely) — a 43% buyer ratio, indicating roughly balanced activity. 20% of total institutional value in BITW is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -14 funds (more exits than new entries). Total institutional holders: 122.

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

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

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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
0.5
/ 10
conviction
Hedge Fund Positioning: BITW
121 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 121 136 -11.03%
13F Shares 3M 4M -14.69%
Total Value $110M $155M -29.04%
New Positions 18 27 -9
Increased Positions 29 44 -15
Closed Positions 33 18 +15
Reduced Positions 30 23 +7
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BITW

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Financial Highlights

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Institutional Holders (2026 Q2)

121 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Yarbrough Capital, LLC 0.56% 498,495 $18.7M
2 Kesler, Norman & Wride, LLC 0.52% 87,252 $3.3M
3 Exit Wealth Advisors, LLC. 0.50% 29,387 $1.1M
4 Intrinsic Edge Capital Management LLC 0.41% 105,432 $4.0M
5 Werba Rubin Papier Wealth Management 0.35% 77,246 $2.9M
6 Founders Capital Management 0.33% 20,406 $767K
7 Brandywine Oak Private Wealth LLC 0.30% 104,972 $3.9M
8 Strategic Family Wealth Counselors, L.L.C. 0.30% 34,052 $1.3M
9 Cambridge Advisors Inc. 0.18% 27,815 $1.0M
10 Box Hill Private Wealth LLC 0.17% 5,572 $209K
11 Fiduciary Financial Advisors 0.12% 32,475 $1.2M
12 Archer Investment Management, LLC 0.12% 9,526 $358K
13 Claro Advisors Inc. 0.12% 30,513 $1.1M
14 One Charles Private Wealth Services, LLC 0.11% 13,005 $489K
15 Rose Capital Advisors LLC 0.11% 5,821 $219K
16 Ade, LLC 0.10% 6,325 $238K
17 Souders Financial Advisors 0.09% 24,576 $924K
18 Balance Wealth Partners LLC 0.09% 8,677 $326K
19 Western Wealth Management, LLC 0.08% 63,604 $2.4M
20 Kraft, Davis & Associates, LLC 0.06% 7,540 $300K
21 WCG Wealth Advisors LLC 0.06% 63,630 $2.4M
22 Pasadena Private Wealth, LLC 0.06% 11,645 $438K
23 Revolve Wealth Partners, LLC 0.05% 13,792 $518K
24 Independent Financial Group, LLC 0.05% 71,886 $2.7M
25 Private Wealth Asset Management, LLC 0.05% 13,600 $514K
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their BITW 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 BITW?

More sellers than buyers — 43% buying: Last quarter: 63 funds reduced or exited vs 48 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 BITW holders?

Strong quality — 20% AUM from major funds: 6 of 122 holders rank in the top 100 by AUM, accounting for 20% 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 — 99% entered in last year: Only 0 funds (0%) 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.

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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