Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIDELITY WISE ORIGIN BITCOIN (FBTC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -8
Streak
1Q ▼
Buyers last Q
62%

Smart Money Signals — FBTC

Based on 622 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

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

At the ownership peak (99% of max)

99% of all-time peak
622 hedge funds hold FBTC 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 — +28% more funds vs a year ago

fund count last 6Q
+136 new funds entered over the past year (+28% 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 — 62% buying

408 buying249 selling
Last quarter: 408 funds were net buyers (105 opened a brand new position + 303 added to an existing one). Only 249 were sellers (136 trimmed + 113 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+12 vs last Q)

new funds entering per quarter
Funds opening a new FBTC position: 73 → 118 → 93 → 105. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 30% entered in last year

■ 2% conviction (2yr+) ■ 67% medium ■ 30% new
Only 15 funds (2%) 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 -7%, value -30%

Value
-29%
Shares
-7%
Last quarter: funds added -7% more shares while total portfolio value only changed -30%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~105 new funds/quarter

189 → 73 → 118 → 93 → 105 new funds/Q
New funds entering each quarter: 73 → 118 → 93 → 105. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 1% veterans, 54% new entrants

■ 1% veterans ■ 45% 1-2yr ■ 54% new
Of 632 current holders: 6 (1%) held 2+ years, 286 held 1–2 years, 340 (54%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds
16 of 622 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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.

Hedge Fund Ownership: FBTC

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

Market Analysis: FBTC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FBTC

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

48 top-rated funds 14 high-conviction
Consensus
7.3
/ 10
breadth
×
Elite
5.3
/ 10
conviction
Hedge Fund Positioning: FBTC
2026 Q1 Stats Unlock in 19 days 632 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 632 648 -2.47%
13F Shares 49M 53M -7.29%
Total Value $3.72B $5.30B -29.82%
New Positions 105 94 +11
Increased Positions 316 350 -34
Closed Positions 117 42 +75
Reduced Positions 153 129 +24
Total Calls 6 10 -40.0%
Total Puts 7 11 -36.36%
PUT/CALL Ratio 1.17 1.1 Neutral

Statistics: FBTC

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
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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) --
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Institutional Holders (2026 Q1)

632 + investors

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

Top 25 institutional holders of FBTC — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Atlas Wealth Partners, LLC 12.89% 212,416 $12.5M
2 Consolidated Portfolio Review Corp 4.50% 834,367 $49.3M
3 Legacy Wealth Asset Management, LLC 4.34% 302,229 $17.8M
4 Citrine Capital LLC 3.54% 138,176 $8.2M
5 KDK Private Wealth Management, LLC 2.86% 53,019 $3.1M
6 ARBOR CAPITAL MANAGEMENT INC /ADV 2.69% 52,922 $3.3M
7 AVAII WEALTH MANAGEMENT, LLC 2.43% 118,105 $7.0M
8 Wealth Quarterback LLC 2.41% 103,605 $6.1M
9 DecisionMap Wealth Management, LLC 2.33% 60,909 $3.6M
10 BNC WEALTH MANAGEMENT, LLC 2.22% 135,225 $8.0M
11 Great Point Wealth Advisors, LLC 1.79% 164,297 $9.7M
12 PTM WEALTH MANAGEMENT, LLC 1.63% 50,522 $3.1M
13 LIBRA WEALTH LLC 1.56% 93,717 $5.5M
14 MEANS INVESTMENT CO., INC. 1.54% 298,606 $17.6M
15 MAD RIVER INVESTORS 1.49% 70,339 $4.2M
16 VISTA INVESTMENT PARTNERS II, LLC 1.47% 55,386 $3.3M
17 Compass Ion Advisors, LLC 1.41% 250,799 $14.8M
18 Eaton Financial Holdings Company, LLC 1.39% 71,748 $4.2M
19 Holland Advisory Services, Inc. 1.35% 17,060 $1.0M
20 Guild Investment Management, Inc. 1.28% 30,351 $1.8M
21 Berman McAleer LLC 1.27% 157,241 $9.3M
22 QTR Family Wealth, LLC 1.17% 43,284 $2.8M
23 Bayshore Capital Advisors, LLC 1.03% 41,173 $2.4M
24 Madison Park Capital Advisors, LLC 1.01% 21,693 $1.3M
25 EVEXIA WEALTH LLC 0.99% 56,511 $3.6M
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 — FIDELITY WISE ORIGIN BITCOIN (FBTC)

What does the Smart Money Trend signal show for FBTC?

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

More buyers than sellers — 62% buying: Last quarter: 408 funds were net buyers (105 opened a brand new position + 303 added to an existing one). Only 249 were sellers (136 trimmed + 113 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for FBTC holders?

Smaller funds dominant — 4% AUM from top-100: 16 of 622 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held FBTC?

Mostly new holders — 30% entered in last year: Only 15 funds (2%) 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.