According to Deep Tide TechFlow, on November 19, The Block reported that the latest 13F filings submitted to the U.S. SEC disclosed how hedge funds and large banks adjusted their positions in major Bitcoin ETFs in the third quarter.
According to Fintel data (as of September 30), nearly 700 institutional owners and shareholders collectively held 160.2 million shares of BlackRock IBIT. The ETF manages assets totaling $42 billion. Millennium Management remains the primary holder of IBIT, increasing its position by 12.6 million shares this quarter, bringing its total holdings to 23.5 million shares, valued at $848 million.
Goldman Sachs increased its holdings by 5.77 million shares of IBIT, bringing its total holdings to 12.7 million shares, valued at $710 million, solidifying Goldman Sachs' position as the second-largest holder of IBIT.
Morgan Stanley reduced its holdings, selling 449,802 shares of IBIT, bringing its Bitcoin ETF portfolio value down to $183.39 million.
In contrast, JPMorgan only increased its holdings by 387 shares of IBIT ($13,982) and 213 shares of FBTC ($11,877), with total holdings amounting to approximately $65,000.
