Athos Capital Ltd Increases Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Athos Capital Ltd boosted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 22.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 247,360 shares of the company’s stock after purchasing an additional 46,000 shares during the period. iShares Bitcoin Trust comprises about 2.9% of Athos Capital Ltd’s portfolio, making the stock its 3rd largest holding. Athos Capital Ltd’s holdings in iShares Bitcoin Trust were worth $8,937,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. IMC Chicago LLC acquired a new stake in shares of iShares Bitcoin Trust in the third quarter valued at about $323,337,000. D. E. Shaw & Co. Inc. grew its stake in iShares Bitcoin Trust by 1,657.7% in the second quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company’s stock valued at $90,014,000 after purchasing an additional 2,486,608 shares in the last quarter. Sculptor Capital LP increased its position in shares of iShares Bitcoin Trust by 188.1% during the 2nd quarter. Sculptor Capital LP now owns 3,392,812 shares of the company’s stock worth $115,831,000 after purchasing an additional 2,215,107 shares during the last quarter. Aristeia Capital L.L.C. raised its stake in shares of iShares Bitcoin Trust by 47.2% during the 2nd quarter. Aristeia Capital L.L.C. now owns 5,940,411 shares of the company’s stock worth $202,806,000 after purchasing an additional 1,903,644 shares in the last quarter. Finally, Point72 Asset Management L.P. acquired a new stake in shares of iShares Bitcoin Trust in the 2nd quarter valued at approximately $56,965,000.

iShares Bitcoin Trust Stock Performance

Shares of IBIT opened at $55.21 on Monday. The company’s fifty day simple moving average is $42.45 and its 200 day simple moving average is $38.10. iShares Bitcoin Trust has a 1-year low of $22.02 and a 1-year high of $56.86.

iShares Bitcoin Trust Company Profile

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.