Institutional investor Paul Tudor Jones adds 109,446 BlackRock Bitcoin ETF shares while cutting calls by 85%

Aug. 15, 2026 at 11:45 am GMT • 2 min read 01 Tudor Investment reported 688,529 direct IBIT shares at June 30, up 18.9% from its first-quarter filing. 02 Call equivalents fell 85.2% to 148,000, while put equivalents edged down 1.4% to 715,000. 03 The filing shows a less call-heavy mix but does not reveal Tudor Investment's strategy or net Bitcoin exposure.Tudor Investment reported 18.9% more direct shares in BlackRock's iShares Bitcoin Trust ETF at June 30 than it held three months earlier, even as its reported call-equivalent quantity fell 85.2%. Together, those moves complicate a straightforward reading that the manager simply increased its Bitcoin ETF exposure.Tudor Investment listed 688,529 direct IBIT shares in its latest SEC holdings table, up from 579,083 in its first-quarter table. The difference was 109,446 shares.Disclosed IBIT lineMarch 31June 30ChangeDirect shares579,083688,529+18.9%Call equivalents998,000148,000-85.2%Put equivalents725,000715,000-1.4%The put-equivalent quantity barely moved, edging down to 715,000 from 725,000. At June 30, the filing valued the direct shares at $22.9 million, the call line at $4.93 million and the put line at $23.8 million.How Form 13F...