Paul Tudor Jones's Tudor Investment Increases BlackRock Bitcoin ETF Stake
Tudor Investment Corporation disclosed a larger position in BlackRock's spot bitcoin ETF in its latest 13F filing, worth approximately $22.9 million. Edelman Financial Engines also increased its stake, reported at roughly $34 million.
BY MARISOL VEGA4 MIN READ
What the filings show
Tudor Investment Corporation, the macro hedge fund founded by Paul Tudor Jones, disclosed a position in BlackRock's iShares Bitcoin Trust (IBIT) worth approximately $22.9 million in its latest 13F filing — an increase from the fund's prior quarter's stake. Edelman Financial Engines, a large registered investment advisor, disclosed a bigger position of its own, reported at roughly $34 million.
Two different kinds of buyer
Jones has been publicly bullish on bitcoin as an inflation hedge since 2020, so an increased IBIT position fits a thesis he's stated before. Edelman's position is a different animal — a wealth manager building client portfolios rather than a macro fund expressing a directional view, and its allocation likely reflects client demand for bitcoin exposure inside diversified portfolios rather than a standalone conviction call. Both filings arrive in the same window as increases from Susquehanna, Invesco, Wells Fargo, and Norway's sovereign pension fund into Strategy (MSTR), part of a broader pattern of institutional 13Fs showing more bitcoin-linked exposure this reporting season.
What the filings don't tell you
A 13F filing discloses holdings as of the end of the prior calendar quarter, filed within 45 days after quarter-end — meaning the size and existence of any position is already weeks or months old by the time the public sees it. Filings also don't distinguish between conviction buying, index rebalancing, options-related hedging, or client-driven flows, so an increased headline number doesn't by itself say why a fund made the trade or what it holds today.
WHY IT MATTERS
A well-known macro investor and a large wealth manager both increasing IBIT exposure is a genuine data point about where institutional demand for bitcoin ETFs sits. It isn't proof either firm has special insight into where price goes next — the filings are backward-looking and mix very different investment motives under the same disclosure format.
What to watch next
1.Whether next quarter's 13F season shows Tudor Investment and Edelman continuing to add to their IBIT positions.
2.Whether daily ETF flow data shows sustained buying from institutions of this size, rather than a one-quarter blip.
3.Whether other macro funds and wealth managers disclose similar increases as more Q2 13Fs are filed.
Frequently asked questions
How much IBIT does Paul Tudor Jones hold?
Tudor Investment Corporation's latest 13F filing shows a position in BlackRock's iShares Bitcoin Trust (IBIT) worth approximately $22.9 million, an increase from its prior quarter's disclosed stake.
Does a 13F filing show current holdings?
No. A 13F filing discloses U.S. equity holdings as of the end of the prior calendar quarter, filed within 45 days after quarter-end. It reflects a snapshot from weeks or months earlier, not the fund's position today.
Who else increased their bitcoin ETF position alongside Tudor Investment?
Edelman Financial Engines disclosed a larger IBIT position as well, reported at roughly $34 million in its latest 13F filing.
SOURCES & DATA
SEC EDGAR — 13F-HR filings database ↗
Bloomberg — Tudor Investment increases IBIT position in Q2 13F ↗
Education, not financial advice. See our editorial process and corrections policy.
TERMS IN THIS STORY
Marisol Vega
Bitcoin Almanack's editorial byline for Bitcoin markets, spot ETF flows, institutional activity, regulation, and daily news.
For the latest completed session and fund-by-fund capital movements, see our Bitcoin ETF Flow Tracker. Historical figures in this article retain their original reporting dates.
Sources, standards & corrections
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