Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ishares Bitcoin Trust ETF (IBIT)

2K + Investors. Track Smart Money conviction in IBIT. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -97
Streak
1Q ▼
Buyers last Q
57%

Smart Money Signals — IBIT

Based on 1563 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 IBIT 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 — 94% of 3.0Y peak

94% of all-time peak
1,563 funds currently hold this stock — 94% of the 3.0-year high of 1,660 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +34% more funds vs a year ago

fund count last 6Q
+397 new funds entered over the past year (+34% 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.
🟡

Slight buying edge — 57% buying

973 buying723 selling
Last quarter: 973 funds bought or added vs 723 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-120 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 330 → 324 → 305 → 185. 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 — 31% entered in last year

■ 18% conviction (2yr+) ■ 51% medium ■ 31% new
Only 288 funds (18%) 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 -8%, value -37%

Value
-37%
Shares
-7%
Last quarter: funds added -8% more shares while total portfolio value only changed -37%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

243 → 330 → 324 → 305 → 185 new funds/Q
New funds entering each quarter: 330 → 324 → 305 → 185. IBIT is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
📊

Mixed cohorts — 1% veterans, 44% new entrants

■ 1% veterans ■ 55% 1-2yr ■ 44% new
Of 1,667 current holders: 17 (1%) held 2+ years, 910 held 1–2 years, 740 (44%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 27% AUM from major funds

27% from top-100 AUM funds
30 of 1536 holders rank in the top 100 by AUM, accounting for 27% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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 — IBIT

In 2026 Q1, 973 hedge funds were net buyers of IBIT (185 opened a new position, 788 added to an existing one), while 723 reduced or exited (441 trimmed, 282 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 27% of total institutional value in IBIT is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -97 funds (more exits than new entries). Total institutional holders: 1563.

Hedge Fund Ownership: IBIT

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

Market Analysis: IBIT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IBIT

-- --

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

Is It Too Late to Buy Ishares Bitcoin Trust ETF (IBIT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much IBIT 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 · 79d ago
IBIT
-3.3%
SPY
+13.9%

IBIT outperformed SPY by -17.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
IBIT
-17.1%
SPY
+0.2%

Since the filing became public, IBIT outperformed SPY by -17.3% .

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 ?
Strong Institutional Conviction

Multiple high-quality funds hold meaningful positions with strong conviction.

52 top-rated funds 48 high-conviction
Consensus
7.5
/ 10
breadth
×
Elite
6.0
/ 10
conviction
Hedge Fund Positioning: IBIT
2K + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1546 1660 -6.87%
13F Shares 634M 688M -7.83%
Total Value $24.11B $38.36B -37.14%
New Positions 179 305 -126
Increased Positions 754 778 -24
Closed Positions 293 256 +37
Reduced Positions 396 401 -5
Total Calls 71 87 -18.39%
Total Puts 59 59 -
PUT/CALL Ratio 0.83 0.68 Neutral

Statistics: IBIT

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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)

2K + investors

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

QUARTER:
Top 25 IBIT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Laurore Ltd 100.00% 6,846,279 $263.0M
2 National Mutual Funds Management Ltd 100.00% 8,760 $337K
3 Copperwood Asset Management LP 100.00% 1,415,467 $54.4M
4 Avenir Tech Ltd 88.94% 18,276,100 $702.2M
5 SkyBridge Capital II, LLC 43.85% 149,916 $5.8M
6 Mariner Investment Group LLC 34.76% 3,129,352 $120.2M
7 Abu Dhabi Investment Council Co P.J.S.C 32.39% 8,218,712 $315.8M
8 Alpine Fox Capital LLC 29.25% 1,172,200 $45.0M
9 Pilgrim Partners Asia Pte Ltd 27.13% 1,734,300 $66.6M
10 Galaxy Digital Inc. 24.82% 7,464,076 $286.8M
11 Marcho Partners LLP 16.60% 534,900 $20.6M
12 Hrtg Gpe, LLC 15.99% 3,250,731 $124.9M
13 Pinpoint Asset Management (Singapore) Pte. Ltd. 15.88% 1,787,571 $68.7M
14 Rising Stella Capital Pte. Ltd 13.95% 775,735 $29.8M
15 Fortress Investment Group LLC 12.93% 1,325,000 $50.9M
16 ParaFi Capital LP 12.15% 1,461,145 $56.1M
17 Kaleidoscope Capital LP 10.52% 711,376 $27.3M
18 Shengqi Capital (Hong Kong) Ltd 9.39% 100 $4K
19 Sjbenen Advisory, LLC 9.16% 285,600 $11.0M
20 Brevan Howard Capital Management LP 8.26% 24,304,788 $933.8M
21 Brown University 8.02% 212,500 $8.2M
22 Lalia Capital, LLC 7.95% 327,400 $12.6M
23 Consolidated Portfolio Review Corp 7.51% 2,142,185 $82.3M
24 Oxler Private Wealth LLC 6.68% 555,190 $21.3M
25 Garda Capital Partners LP 6.60% 661,085 $25.4M
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 — Ishares Bitcoin Trust ETF (IBIT)

What does the Smart Money Trend signal show for IBIT?

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

Slight buying edge — 57% buying: Last quarter: 973 funds bought or added vs 723 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for IBIT holders?

Strong quality — 27% AUM from major funds: 30 of 1536 holders rank in the top 100 by AUM, accounting for 27% 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 IBIT?

Mostly new holders — 31% entered in last year: Only 288 funds (18%) 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 Ishares Bitcoin Trust ETF (IBIT) following the 2026 Q1 hedge fund 13F filings?

As of today, IBIT has moved -17.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of -17.3%. Since the quarter end (March 31, 2026), IBIT has gained -3.3% vs +13.9% 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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