Verde Servicos Internacionais S.A. Has $23.08 Million Stock Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Verde Servicos Internacionais S.A. boosted its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 3,525.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 435,100 shares of the company’s stock after acquiring an additional 423,100 shares during the quarter. iShares Bitcoin Trust comprises about 9.9% of Verde Servicos Internacionais S.A.’s investment portfolio, making the stock its 2nd biggest position. Verde Servicos Internacionais S.A. owned 0.07% of iShares Bitcoin Trust worth $23,082,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IBIT. IMC Chicago LLC purchased a new stake in iShares Bitcoin Trust in the 3rd quarter worth about $323,337,000. Horizon Kinetics Asset Management LLC boosted its holdings in iShares Bitcoin Trust by 11.9% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company’s stock valued at $29,114,000 after acquiring an additional 85,763 shares during the period. Parallax Volatility Advisers L.P. grew its position in 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 acquiring an additional 370,000 shares during the last quarter. Clear Street Derivatives LLC bought a new position in iShares Bitcoin Trust in the 3rd quarter valued at $23,686,000. Finally, LMR Partners LLP increased 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 during the period.

iShares Bitcoin Trust Price Performance

Shares of IBIT opened at $57.85 on Tuesday. iShares Bitcoin Trust has a 12-month low of $23.88 and a 12-month high of $61.75. The firm has a fifty day moving average price of $55.77 and a 200-day moving average price of $43.45.

iShares Bitcoin Trust 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.