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Institutional Ownership · SEC Form 13F

Who owns TeraWulf Inc. (WULF)


Which tracked institutional funds hold WULF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See WULF company fundamentals →

Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

446
Institutional holders
313M
Shares held (tracked funds)
74.4%
Of shares outstanding

How the tape is positioned

182 tracked funds added or opened WULF while 73 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

WULF’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes WULF more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in WULF divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 445 tracked filers holding WULF, 268 increased or opened the position and 208 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in WULF between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 46

  • VANGUARD PORTFOLIO MANAGEMENT LLC$324M
  • LONE PINE CAPITAL LLC$287M
  • VANGUARD CAPITAL MANAGEMENT LLC$226M
  • Value Aligned Research Advisors, LLC$113M
  • JENNISON ASSOCIATES LLC$53M
  • Troluce Capital Advisors LLC$33M

Full exits 30

  • VANGUARD GROUP INC$382M
  • Covalis Capital LLP$28M
  • TWO SIGMA ADVISERS, LP$25M
  • Caption Management, LLC$19M
  • 1832 Asset Management L.P.$14M
  • Nishkama Capital, LLC$12M

Largest adds

  • MARSHALL WACE, LLP$99M
  • PRICE T ROWE ASSOCIATES INC /MD/$69M
  • TWO SIGMA INVESTMENTS, LP$68M
  • GOLDMAN SACHS GROUP INC$46M
  • Engle Capital Management, L.P.$38M
  • SCOGGIN MANAGEMENT LP$36M

Largest trims

  • D. E. Shaw & Co., Inc.$117M
  • JANE STREET GROUP, LLC$65M
  • CITADEL ADVISORS LLC$47M
  • Point72 Asset Management, L.P.$28M
  • MORGAN STANLEY$25M
  • Merewether Investment Management, LP$24M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. trimmed24,063,394$347M7.5%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new22,462,422$324M7.0%2026-Q1
LONE PINE CAPITAL LLC added19,921,430$287M6.2%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new15,627,257$226M4.9%2026-Q1
MARSHALL WACE, LLP added9,374,298$135M2.9%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added8,523,976$123M2.7%2026-Q1
Value Aligned Research Advisors, LLC added7,848,232$113M2.4%2026-Q1
TWO SIGMA INVESTMENTS, LP added7,837,097$113M2.4%2026-Q1
STATE STREET CORP added7,613,660$110M2.4%2026-Q1
SCOGGIN MANAGEMENT LP added7,500,000$108M2.3%2026-Q1
Driehaus Capital Management LLC added6,063,000$87M1.9%2026-Q1
MORGAN STANLEY trimmed5,929,982$86M1.8%2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed5,859,417$85M1.8%2026-Q1
BANK OF AMERICA CORP /DE/ added5,777,458$83M1.8%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added5,046,536$73M1.6%2026-Q1
GOLDMAN SACHS GROUP INC added4,628,175$67M1.4%2026-Q1
FMR LLC trimmed4,549,197$66M1.4%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed4,254,957$61M1.3%2026-Q1
D. E. Shaw & Co., Inc. trimmed4,214,041$61M1.3%2026-Q1
Two Seas Capital LP trimmed4,024,005$58M1.3%2026-Q1
JENNISON ASSOCIATES LLC new3,701,895$53M1.2%2026-Q1
Invesco Ltd. added3,696,662$53M1.1%2026-Q1
Squarepoint Ops LLC added3,529,055$51M1.1%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. added3,290,744$47M1.0%2026-Q1
Point72 Asset Management, L.P. trimmed3,133,122$45M1.0%2026-Q1
NOMURA HOLDINGS INC added3,117,152$45M1.0%2026-Q1
Engle Capital Management, L.P. added2,950,100$43M0.9%2026-Q1
Tidal Investments LLC added2,913,697$42M0.9%2026-Q1
CITADEL ADVISORS LLC trimmed2,824,634$41M0.9%2026-Q1
NORTHERN TRUST CORP added2,720,251$39M0.8%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed2,670,704$39M0.8%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD2,600,057$38M0.8%2026-Q1
Hodges Capital Management Inc. trimmed2,501,589$36M0.8%2026-Q1
BIT Capital GmbH added2,454,054$35M0.8%2026-Q1
UBS Group AG trimmed2,426,811$35M0.8%2026-Q1
VAN ECK ASSOCIATES CORP added2,326,542$34M0.7%2026-Q1
Troluce Capital Advisors LLC new2,300,000$33M0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new2,298,028$33M0.7%2026-Q1
CITIGROUP INC trimmed2,264,978$33M0.7%2026-Q1
LORD, ABBETT & CO. LLC added2,188,848$32M0.7%2026-Q1
JANE STREET GROUP, LLC trimmed2,004,351$29M0.6%2026-Q1
Forest Avenue Capital Management LP new1,970,984$28M0.6%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added1,892,064$28M0.6%2026-Q1
MILLENNIUM MANAGEMENT LLC trimmed1,659,697$24M0.5%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed1,603,852$23M0.5%2026-Q1
Beartown Capital Management, LLC trimmed1,575,000$23M0.5%2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed1,521,415$22M0.5%2026-Q1
Vident Advisory, LLC added1,427,534$21M0.4%2026-Q1
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added1,424,933$21M0.4%2026-Q1
Marex Group plc trimmed1,280,072$18M0.4%2026-Q1
Park West Asset Management LLC trimmed1,248,801$18M0.4%2026-Q1
EXCHANGE TRADED CONCEPTS, LLC trimmed1,139,569$16M0.4%2026-Q1
Centiva Capital, LP added1,058,691$15M0.3%2026-Q1
Wasserstein Management, L.P. new1,056,639$15M0.3%2026-Q1
ARDSLEY ADVISORY PARTNERS LP trimmed1,050,000$15M0.3%2026-Q1
BARCLAYS PLC added1,041,991$15M0.3%2026-Q1
Nuveen, LLC trimmed1,038,586$15M0.3%2026-Q1
BOOTHBAY FUND MANAGEMENT, LLC added1,017,873$15M0.3%2026-Q1
AXXCESS WEALTH MANAGEMENT, LLC added1,000,013$14M0.3%2026-Q1
Public Sector Pension Investment Board added994,382$14M0.3%2026-Q1
Bank of New York Mellon Corp trimmed967,804$14M0.3%2026-Q1
Clearline Capital LP added962,755$14M0.3%2026-Q1
RR Advisors, LLC trimmed909,972$13M0.3%2026-Q1
FIRST TRUST ADVISORS LP trimmed821,483$12M0.3%2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed809,436$12M0.3%2026-Q1
J. Goldman & Co LP added803,943$12M0.2%2026-Q1
THAMES CAPITAL MANAGEMENT LLC added785,938$11M0.2%2026-Q1
Brevan Howard Capital Management LP added775,366$11M0.2%2026-Q1
LMR Partners LLP added775,000$11M0.2%2026-Q1
Engineers Gate Manager LP added773,271$11M0.2%2026-Q1
Man Group plc trimmed770,285$11M0.2%2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbH added730,779$11M0.2%2026-Q1
SOROS CAPITAL MANAGEMENT LLC trimmed712,516$10M0.2%2026-Q1
GROUP ONE TRADING LLC added710,394$10M0.2%2026-Q1
NEXT CENTURY GROWTH INVESTORS LLC trimmed694,476$10M0.2%2026-Q1
Marnell Management LLC added686,762$10M0.2%2026-Q1
Spear Advisors LLC added674,206$10M0.2%2026-Q1
Zweig-DiMenna Associates LLC trimmed667,830$10M0.2%2026-Q1
JPMORGAN CHASE & CO trimmed688,201$9M0.2%2026-Q1
Clearbridge Investments, LLC trimmed649,805$9M0.2%2026-Q1
MYDA Advisors LLC added625,000$9M0.2%2026-Q1
Swiss National Bank added622,100$9M0.2%2026-Q1
P SCHOENFELD ASSET MANAGEMENT LP trimmed616,000$9M0.2%2026-Q1
HRT FINANCIAL LP trimmed595,400$9M0.2%2026-Q1
DEUTSCHE BANK AG\ added570,264$8M0.2%2026-Q1
VOYA INVESTMENT MANAGEMENT LLC trimmed562,890$8M0.2%2026-Q1
VANGUARD GROUP INC added33,228,012$382M8.2%2025-Q4 stale
Covalis Capital LLP added2,427,296$28M0.6%2025-Q4 stale
TWO SIGMA ADVISERS, LP trimmed2,137,800$25M0.5%2025-Q4 stale
Caption Management, LLC added1,664,636$19M0.4%2025-Q4 stale
1832 Asset Management L.P. added1,194,848$14M0.3%2025-Q4 stale
Nishkama Capital, LLC trimmed1,019,138$12M0.3%2025-Q4 stale
Cubist Systematic Strategies, LLC added1,015,560$12M0.2%2025-Q3 stale
Covalis (Gibraltar) Ltd new939,911$11M0.2%2025-Q4 stale
BALYASNY ASSET MANAGEMENT L.P. added944,436$11M0.2%2025-Q3 stale
Alyeska Investment Group, L.P. trimmed871,700$10M0.2%2025-Q3 stale
COOPER CREEK PARTNERS MANAGEMENT LLC new2,043,070$9M0.2%2025-Q2 stale
Yaupon Capital Management LP new772,695$9M0.2%2025-Q3 stale
Goodlander Investment Management, LLC new2,000,000$9M0.2%2025-Q2 stale
MOORE CAPITAL MANAGEMENT, LP trimmed740,198$9M0.2%2025-Q4 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership