Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Volatility Shs Tr (BITX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
2Q ▼
Buyers last Q
43%

Smart Money Signals — BITX

Based on 33 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their BITX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 57% of 3.0Y high

57% of all-time peak
Only 33 funds hold BITX today versus a peak of 58 funds at 2025 Q4 — just 57% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 38% fewer funds vs a year ago

fund count last 6Q
20 fewer hedge funds hold BITX compared to a year ago (-38% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 43% buying

20 buying26 selling
Last quarter: 26 funds reduced or exited vs 20 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.
➡️

Steady new buyers — ~11 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 13 → 29 → 10 → 11. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 30% long-term, 33% new

■ 30% conviction (2yr+) ■ 36% medium ■ 33% new
Of the 33 current holders: 10 (30%) held >2 years, 12 held 1–2 years, and 11 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💎

Buying through price weakness — shares -31%, value -50%

Value
-49%
Shares
-30%
Last quarter: funds added -31% more shares while total portfolio value only changed -50%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
⚠️

Saturation — most institutions already know this story

18 → 13 → 29 → 10 → 11 new funds/Q
New funds entering each quarter: 13 → 29 → 10 → 11. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🏛️

Veteran-anchored — 44% veterans vs 29% newcomers

■ 44% veterans ■ 27% 1-2yr ■ 29% new
Entry-cohort mix of 41 holders: 18 (44%) are 2+ year veterans, 11 entered 1–2 years ago, and 12 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 7% AUM from top-100

7% from top-100 AUM funds
5 of 31 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.0
out of 10
Low Exit Risk
Exit risk score 2.0/10 — 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 — BITX

In 2026 Q2, 20 hedge funds were net buyers of BITX (11 opened a new position, 9 added to an existing one), while 26 reduced or exited (10 trimmed, 16 sold completely) — a 43% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 33.

Hedge Fund Ownership: BITX

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

Market Analysis: BITX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BITX

-- --

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: BITX
31 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 31 38 -18.42%
13F Shares 7M 10M -30.78%
Total Value $72M $144M -49.84%
New Positions 11 10 +1
Increased Positions 8 16 -8
Closed Positions 16 29 -13
Reduced Positions 9 7 +2
Total Calls 5 4 25.0%
Total Puts 5 3 66.67%
PUT/CALL Ratio 1.0 0.75 Neutral

Statistics: BITX

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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 --
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 Q2)

31 + investors

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

QUARTER:
Top 25 BITX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Kingswood Wealth Advisors, LLC 0.11% 255,040 $2.6M
2 Financial Sense Advisors, Inc. 0.06% 30,000 $310K
3 EverSource Wealth Advisors, LLC 0.03% 74,004 $764K
4 Almanack Investment Partners, LLC. 0.02% 17,288 $178K
5 Secure Asset Management, LLC 0.02% 13,118 $135K
6 Two Sigma Securities, LLC 0.01% 12,311 $127K
7 Mcguire Capital Advisors Inc 0.01% 1,935 $20K
8 Larson Financial Group LLC 0.01% 37,911 $391K
9 Renaissance Technologies LLC 0.01% 518,000 $5.3M
10 Financial Life Planners 0.01% 1,063 $11K
11 Group One Trading LLC 0.00% 147,630 $1.5M
12 Citadel Advisors LLC 0.00% 1,105,100 $11.4M
13 Jane Street Group, LLC 0.00% 1,450,500 $15.0M
14 Susquehanna International Group, LLP 0.00% 1,172,200 $12.1M
15 Citadel Advisors LLC 0.00% 705,000 $7.3M
16 SHP Wealth Management 0.00% 1,021 $11K
17 Susquehanna International Group, LLP 0.00% 733,300 $7.6M
18 Belvedere Trading LLC 0.00% 48,400 $499K
19 Summit Securities Group LLC 0.00% 500 $5K
20 Summit Securities Group LLC 0.00% 500 $5K
21 Hurley Capital, LLC 0.00% 91 —
22 Jane Street Group, LLC 0.00% 404,000 $4.2M
23 Captrust Financial Advisors 0.00% 16,234 $168K
24 Parallel Advisors, LLC 0.00% 1,600 $17K
25 HHM Wealth Advisors, LLC 0.00% 180 $2K
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 — Volatility Shs Tr (BITX)

What does the Smart Money Trend signal show for BITX?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their BITX 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 BITX?

More sellers than buyers — 43% buying: Last quarter: 26 funds reduced or exited vs 20 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 BITX holders?

Smaller funds dominant — 7% AUM from top-100: 5 of 31 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held BITX?

Mixed — 30% long-term, 33% new: Of the 33 current holders: 10 (30%) held >2 years, 12 held 1–2 years, and 11 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

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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