Farallon Capital Management LLC lifted its stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 404.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,259,100 shares of the company's stock after acquiring an additional 5,819,100 shares during the period. iShares Bitcoin Trust accounts for 2.0% of Farallon Capital Management LLC's portfolio, making the stock its 18th largest position. Farallon Capital Management LLC owned 1.12% of iShares Bitcoin Trust worth $385,095,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Brevan Howard Capital Management LP acquired a new position in iShares Bitcoin Trust during the 4th quarter valued at about $1,385,364,000. Symmetry Investments LP increased its position in iShares Bitcoin Trust by 3,605.8% during the 4th quarter. Symmetry Investments LP now owns 12,678,808 shares of the company's stock valued at $672,611,000 after buying an additional 12,336,673 shares in the last quarter. D. E. Shaw & Co. Inc. increased its position in iShares Bitcoin Trust by 344.8% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 9,667,431 shares of the company's stock valued at $512,857,000 after buying an additional 7,494,123 shares in the last quarter. Capula Management Ltd increased its position in iShares Bitcoin Trust by 8.7% during the 4th quarter. Capula Management Ltd now owns 9,268,886 shares of the company's stock valued at $491,714,000 after buying an additional 743,930 shares in the last quarter. Finally, Tudor Investment Corp ET AL increased its position in iShares Bitcoin Trust by 81.8% during the 4th quarter. Tudor Investment Corp ET AL now owns 8,048,552 shares of the company's stock valued at $426,976,000 after buying an additional 3,620,322 shares in the last quarter.
iShares Bitcoin Trust Trading Up 3.0%
NASDAQ:IBIT traded up $1.74 during mid-day trading on Tuesday, hitting $59.62. 37,968,807 shares of the company's stock traded hands, compared to its average volume of 44,948,328. The company has a fifty day moving average of $49.73 and a 200 day moving average of $52.12. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75.
iShares Bitcoin Trust Company Profile
(
Free Report)
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.
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