Panoramic Investment Advisors LLC Boosts Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Panoramic Investment Advisors LLC increased its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 3.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 52,213 shares of the company’s stock after purchasing an additional 1,497 shares during the quarter. iShares Bitcoin Trust accounts for 1.8% of Panoramic Investment Advisors LLC’s portfolio, making the stock its 16th largest position. Panoramic Investment Advisors LLC’s holdings in iShares Bitcoin Trust were worth $2,770,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. IMC Chicago LLC acquired a new stake in shares of iShares Bitcoin Trust during the third quarter worth approximately $323,337,000. Horizon Kinetics Asset Management LLC increased its position in shares of iShares Bitcoin Trust by 11.9% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company’s stock worth $29,114,000 after purchasing an additional 85,763 shares during the last quarter. Parallax Volatility Advisers L.P. raised its stake in shares of iShares Bitcoin Trust by 127.6% in the 3rd quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock valued at $23,846,000 after purchasing an additional 370,000 shares in the last quarter. Clear Street Derivatives LLC bought a new position in shares of iShares Bitcoin Trust during the third quarter worth about $23,686,000. Finally, LMR Partners LLP grew its stake in iShares Bitcoin Trust by 350.0% in the third quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock worth $22,762,000 after purchasing an additional 490,000 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

Shares of NASDAQ IBIT opened at $57.71 on Monday. The stock’s 50 day moving average price is $56.19 and its two-hundred day moving average price is $44.22. iShares Bitcoin Trust has a 52-week low of $24.13 and a 52-week high of $61.75.

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.