Terawulf Inc.: which funds bought and sold
Institutions that bought and sold Terawulf shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.
Between March 31, 2026 and June 30, 2026, 294 institutions that filed 13F reports for both quarters added to or opened positions in Terawulf, and 205 cut or closed them. Together they added a net 74.8M shares, +23.7% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 39.6M shares (+39.1%); index fund managers were net sellers of 4.5M shares (−5.0%). 114 opened a new position and 66 sold out entirely.
Bought, Q2 2026 294 institutions, 114 of them new holders Sold, Q2 2026 205 institutions, 66 of them sold out
Net change, all compared +74.8M shares (+23.7%)
Net change, active managers +39.6M shares (+39.1%), 48 bought, 30 sold
Buyers versus sellers
294 bought 51 205 sold
Active managers and hedge funds 48 bought · 30 sold · +39.6M
Index fund managers 3 bought · 9 sold · −4.5M
Other institutions 243 bought · 166 sold · +39.7M
Biggest buyers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| FMR LLC Active manager | +9.7M +201.6% | 14.4M | $357M |
| Morgan Stanley | +6.0M +100.6% | 11.9M | $294M |
| Value Aligned Research Advisors, LLC | +4.4M +56.3% | 12.3M | $303M |
| Citadel Advisors LLC Hedge fund | +4.3M +151.2% | 7.1M | $175M |
| Lone Pine Capital LLC Hedge fund | +4.2M +21.2% | 24.1M | $596M |
| Two Sigma Investments, LP Hedge fund | +3.7M +46.7% | 11.5M | $284M |
| Capital World Investors Active manager | +3.5M New position | 3.5M | $87M |
| Federated Hermes, Inc. Active manager | +3.5M +9080.0% | 3.5M | $86.2M |
| Invesco Ltd. | +3.1M +76.6% | 7.1M | $176M |
| Valiant Capital Management, L.P. Hedge fund | +2.9M New position | 2.9M | $71.5M |
| HRT Financial LP | +2.8M +1686.0% | 3.0M | $73.4M |
| Xn LP | +2.6M New position | 2.6M | $65.4M |
| Qube Research & Technologies Ltd Hedge fund | +2.6M New position | 2.6M | $63M |
| Squarepoint Ops LLC Hedge fund | +2.5M +71.0% | 6.0M | $149M |
| Bank Of Montreal | +2.5M +714.3% | 2.8M | $70.4M |
| Nomura Holdings Inc | +2.4M +77.0% | 5.5M | $136M |
| Ameriprise Financial Inc | +2.3M +5336.1% | 2.3M | $57.7M |
| Vanguard Capital Management LLC Index funds | +2.3M +14.5% | 17.9M | $442M |
| Point72 Asset Management, L.P. Hedge fund | +2.0M +65.1% | 5.2M | $128M |
| Susquehanna International Group, LLP | +1.9M +119.3% | 3.5M | $86.9M |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| FMR LLC Active manager | +9.7M +201.6% | 14.4M | $357M |
| Citadel Advisors LLC Hedge fund | +4.3M +151.2% | 7.1M | $175M |
| Lone Pine Capital LLC Hedge fund | +4.2M +21.2% | 24.1M | $596M |
| Two Sigma Investments, LP Hedge fund | +3.7M +46.7% | 11.5M | $284M |
| Capital World Investors Active manager | +3.5M New position | 3.5M | $87M |
| Federated Hermes, Inc. Active manager | +3.5M +9080.0% | 3.5M | $86.2M |
| Valiant Capital Management, L.P. Hedge fund | +2.9M New position | 2.9M | $71.5M |
| Qube Research & Technologies Ltd Hedge fund | +2.6M New position | 2.6M | $63M |
| Squarepoint Ops LLC Hedge fund | +2.5M +71.0% | 6.0M | $149M |
| Point72 Asset Management, L.P. Hedge fund | +2.0M +65.1% | 5.2M | $128M |
Biggest sellers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Marshall Wace, LLP Hedge fund | −8.0M −84.8% | 1.4M | $35.1M |
| Blackrock, Inc. Index funds | −4.7M −16.9% | 23.4M | $578M |
| Troluce Capital Advisors LLC | −2.3M Sold out | 0 | — |
| Goldman Sachs Group Inc | −2.2M −48.1% | 2.4M | $59.3M |
| Two Seas Capital LP Hedge fund | −1.5M −38.0% | 2.5M | $61.6M |
| Marex Group Ltd | −1.2M −94.9% | 65K | $1.6M |
| Canada Pension Plan Investment Board | −999K −38.4% | 1.6M | $39.5M |
| Clearline Capital LP Hedge fund | −963K Sold out | 0 | — |
| D. E. Shaw & Co., Inc. Hedge fund | −847K −20.1% | 3.4M | $83.2M |
| Park West Asset Management LLC Hedge fund | −835K −66.8% | 414K | $10.2M |
| J. Goldman & Co LP Hedge fund | −804K Sold out | 0 | — |
| Connor, Clark & Lunn Investment Management Ltd. | −782K −23.8% | 2.5M | $62M |
| Vident Advisory, LLC | −741K −51.9% | 687K | $17M |
| Next Century Growth Investors LLC | −694K Sold out | 0 | — |
| State Street Corp Index funds | −690K −9.1% | 6.9M | $171M |
| Mirae Asset Global Etfs Holdings Ltd. | −646K −42.5% | 875K | $21.6M |
| Northern Trust Corp Index funds | −619K −22.8% | 2.1M | $51.9M |
| Geode Capital Management, LLC Index funds | −608K −7.1% | 7.9M | $234M |
| Brevan Howard Capital Management LP Hedge fund | −582K −75.0% | 194K | $4.8M |
| Boothbay Fund Management, LLC Hedge fund | −576K −56.6% | 442K | $10.9M |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Marshall Wace, LLP Hedge fund | −8.0M −84.8% | 1.4M | $35.1M |
| Two Seas Capital LP Hedge fund | −1.5M −38.0% | 2.5M | $61.6M |
| Clearline Capital LP Hedge fund | −963K Sold out | 0 | — |
| D. E. Shaw & Co., Inc. Hedge fund | −847K −20.1% | 3.4M | $83.2M |
| Park West Asset Management LLC Hedge fund | −835K −66.8% | 414K | $10.2M |
| J. Goldman & Co LP Hedge fund | −804K Sold out | 0 | — |
| Brevan Howard Capital Management LP Hedge fund | −582K −75.0% | 194K | $4.8M |
| Boothbay Fund Management, LLC Hedge fund | −576K −56.6% | 442K | $10.9M |
| Wellington Management Group LLP Active manager | −541K −12.7% | 3.7M | $91.7M |
| Franklin Resources Inc Active manager | −460K −90.2% | 50K | $1.2M |
New positions
| Institution | Shares | Value June 30, 2026 |
|---|---|---|
| Capital World InvestorsActive manager | 3.5M | $87M |
| Valiant Capital Management, L.P.Hedge fund | 2.9M | $71.5M |
| Xn LP | 2.6M | $65.4M |
| Qube Research & Technologies LtdHedge fund | 2.6M | $63M |
| Hood River Capital Management LLC | 1.7M | $42.2M |
| Westfield Capital Management Co LPActive manager | 1.3M | $33M |
| Assenagon Asset Management S.A. | 1.3M | $33M |
| Cartenna Capital, LP | 1.3M | $30.9M |
| Nearwater Capital Markets, Ltd | 1.2M | $29.6M |
| Summit Partners Public Asset Management, LLC | 991K | $24.5M |
Sold out
| Institution | Shares | Value March 31, 2026 |
|---|---|---|
| Troluce Capital Advisors LLC | 2.3M | $33.2M |
| Clearline Capital LPHedge fund | 963K | $13.9M |
| J. Goldman & Co LPHedge fund | 804K | $11.6M |
| Next Century Growth Investors LLC | 694K | $10M |
| Hidden Lake Asset Management LP | 328K | $4.7M |
| Western Standard LLC | 275K | $4M |
| Vennlight Capital Management, LP | 258K | $3.7M |
| Freemont Management S.A. | 227K | $3.3M |
| Azora Capital LPHedge fund | 225K | $3.2M |
| Headlands Technologies LLC | 194K | $2.8M |
Who holds the shares
- Institutions reporting
- 496
- Ten largest holders
- 38.7% of 13F-reported shares
- Index fund managers
- 21.7% of 13F-reported shares
- Active managers and hedge funds
- 35.5% of 13F-reported shares
| Type | Bought | Sold | New | Sold out | Net change in shares | Net % |
|---|---|---|---|---|---|---|
| Active managers and hedge funds | 48 | 30 | 19 | 8 | +39.6M | +39.1% |
| Index fund managers | 3 | 9 | 0 | 2 | −4.5M | −5.0% |
| Other institutions | 243 | 166 | 95 | 56 | +39.7M | +32.0% |