Who owns TeraWulf (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-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on WULF is one-sided between 2026-Q1 and 2026-Q2: 266 added or opened and 71 trimmed or exited — on balance accumulating.
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, LONE PINE CAPITAL LLC, sizes it at 3.6% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 3.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
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 2026-Q1 and 2026-Q2, across 474 tracked filers holding WULF, 290 increased or opened the position and 229 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
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 2026-Q1 and 2026-Q2 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 69
- NORGES BANK$120M
- Capital World Investors$87M
- Valiant Capital Management, L.P.$72M
- XN LP$65M
- Qube Research & Technologies Ltd$63M
- Hood River Capital Management LLC$42M
Full exits 40
- Troluce Capital Advisors LLC$33M
- LORD, ABBETT & CO. LLC$32M
- Clearline Capital LP$14M
- J. Goldman & Co LP$12M
- HRT FINANCIAL LP$11M
- NEXT CENTURY GROWTH INVESTORS LLC$10M
Largest adds
- LONE PINE CAPITAL LLC$309M
- FMR LLC$291M
- BlackRock, Inc.$231M
- VANGUARD PORTFOLIO MANAGEMENT LLC$227M
- VANGUARD CAPITAL MANAGEMENT LLC$217M
- MORGAN STANLEY$208M
Largest trims
- MARSHALL WACE, LLP$100M
- Marex Group Ltd$17M
- Park West Asset Management LLC$8M
- GOLDMAN SACHS GROUP INC$7M
- MYDA Advisors LLC$7M
- Brevan Howard Capital Management LP$6M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| LONE PINE CAPITAL LLC added | 24,144,625 | $596M | 6.8% | 2026-Q2 |
| BlackRock, Inc. trimmed | 23,392,928 | $578M | 6.6% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 22,295,667 | $551M | 6.3% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 17,896,846 | $442M | 5.1% | 2026-Q2 |
| FMR LLC added | 14,444,267 | $357M | 4.1% | 2026-Q2 |
| Value Aligned Research Advisors, LLC added | 12,263,135 | $303M | 3.5% | 2026-Q2 |
| MORGAN STANLEY added | 11,894,191 | $294M | 3.4% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 11,495,860 | $284M | 3.3% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 7,916,252 | $234M | 2.7% | 2026-Q2 |
| SCOGGIN MANAGEMENT LP added | 7,825,000 | $193M | 2.2% | 2026-Q2 |
| Invesco Ltd. added | 7,107,793 | $176M | 2.0% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 7,095,725 | $175M | 2.0% | 2026-Q2 |
| STATE STREET CORP trimmed | 6,923,671 | $171M | 2.0% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC added | 6,882,819 | $170M | 1.9% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 6,322,828 | $156M | 1.8% | 2026-Q2 |
| Driehaus Capital Management LLC added | 6,163,879 | $152M | 1.7% | 2026-Q2 |
| Squarepoint Ops LLC added | 6,034,956 | $149M | 1.7% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 5,670,334 | $140M | 1.6% | 2026-Q2 |
| NOMURA HOLDINGS INC added | 5,518,091 | $136M | 1.6% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 5,173,625 | $128M | 1.5% | 2026-Q2 |
| NORGES BANK added | 4,859,227 | $120M | 1.4% | 2026-Q2 |
| JENNISON ASSOCIATES LLC added | 4,469,069 | $110M | 1.3% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 3,714,411 | $92M | 1.1% | 2026-Q2 |
| Capital World Investors new | 3,523,551 | $87M | 1.0% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 3,516,511 | $87M | 1.0% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 3,511,404 | $87M | 1.0% | 2026-Q2 |
| FEDERATED HERMES, INC. added | 3,491,881 | $86M | 1.0% | 2026-Q2 |
| Forest Avenue Capital Management LP added | 3,423,682 | $85M | 1.0% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 3,367,041 | $83M | 1.0% | 2026-Q2 |
| UBS Group AG added | 3,288,065 | $81M | 0.9% | 2026-Q2 |
| Valiant Capital Management, L.P. new | 2,896,756 | $72M | 0.8% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 2,849,139 | $70M | 0.8% | 2026-Q2 |
| BIT Capital GmbH added | 2,808,687 | $69M | 0.8% | 2026-Q2 |
| Engle Capital Management, L.P. trimmed | 2,695,200 | $67M | 0.8% | 2026-Q2 |
| XN LP new | 2,646,914 | $65M | 0.7% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 2,580,241 | $64M | 0.7% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 2,550,798 | $63M | 0.7% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 2,518,286 | $62M | 0.7% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 2,508,580 | $62M | 0.7% | 2026-Q2 |
| Two Seas Capital LP trimmed | 2,493,139 | $62M | 0.7% | 2026-Q2 |
| Tidal Investments LLC trimmed | 2,490,667 | $62M | 0.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 2,400,907 | $59M | 0.7% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 2,337,918 | $58M | 0.7% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 2,274,291 | $56M | 0.6% | 2026-Q2 |
| Hodges Capital Management Inc. trimmed | 2,225,348 | $55M | 0.6% | 2026-Q2 |
| BARCLAYS PLC added | 2,151,514 | $53M | 0.6% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 2,100,892 | $52M | 0.6% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 2,005,730 | $50M | 0.6% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP trimmed | 2,005,207 | $50M | 0.6% | 2026-Q2 |
| CITIGROUP INC trimmed | 1,987,132 | $49M | 0.6% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 1,959,166 | $43M | 0.5% | 2026-Q2 |
| Hood River Capital Management LLC new | 1,710,463 | $42M | 0.5% | 2026-Q2 |
| Public Sector Pension Investment Board added | 1,700,464 | $42M | 0.5% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 1,601,057 | $40M | 0.5% | 2026-Q2 |
| Beartown Capital Management, LLC trimmed | 1,500,000 | $37M | 0.4% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 1,420,942 | $35M | 0.4% | 2026-Q2 |
| Centiva Capital, LP added | 1,386,278 | $34M | 0.4% | 2026-Q2 |
| Wasserstein Management, L.P. added | 1,366,639 | $34M | 0.4% | 2026-Q2 |
| WESTFIELD CAPITAL MANAGEMENT CO LP new | 1,336,673 | $33M | 0.4% | 2026-Q2 |
| ExodusPoint Capital Management, LP added | 1,285,372 | $32M | 0.4% | 2026-Q2 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main trimmed | 1,264,097 | $31M | 0.4% | 2026-Q2 |
| Cartenna Capital, LP new | 1,250,000 | $31M | 0.4% | 2026-Q2 |
| Trexquant Investment LP added | 1,206,519 | $30M | 0.3% | 2026-Q2 |
| Nearwater Capital Markets, Ltd new | 1,200,000 | $30M | 0.3% | 2026-Q2 |
| CLEARFIELD CAPITAL MANAGEMENT LP added | 1,164,000 | $29M | 0.3% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC added | 1,113,162 | $27M | 0.3% | 2026-Q2 |
| THAMES CAPITAL MANAGEMENT LLC added | 1,090,203 | $27M | 0.3% | 2026-Q2 |
| Walleye Capital LLC added | 1,016,625 | $25M | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp added | 1,003,480 | $25M | 0.3% | 2026-Q2 |
| AXXCESS WEALTH MANAGEMENT, LLC added | 1,000,059 | $25M | 0.3% | 2026-Q2 |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC new | 990,640 | $24M | 0.3% | 2026-Q2 |
| Newbrook Capital Advisors LP new | 984,710 | $24M | 0.3% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 976,767 | $24M | 0.3% | 2026-Q2 |
| ARDSLEY ADVISORY PARTNERS LP trimmed | 966,000 | $24M | 0.3% | 2026-Q2 |
| Empyrean Capital Partners, LP new | 882,000 | $22M | 0.2% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 875,224 | $22M | 0.2% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC new | 839,903 | $20M | 0.2% | 2026-Q2 |
| Ranger Investment Management, L.P. added | 838,560 | $21M | 0.2% | 2026-Q2 |
| ALGERT GLOBAL LLC added | 808,637 | $20M | 0.2% | 2026-Q2 |
| EXCHANGE TRADED CONCEPTS, LLC trimmed | 799,713 | $20M | 0.2% | 2026-Q2 |
| Bitwise Funds Trust new | 799,713 | $20M | 0.2% | 2026-Q2 |
| Jump Financial, LLC added | 789,279 | $19M | 0.2% | 2026-Q2 |
| Zimmer Partners, LP added | 789,000 | $19M | 0.2% | 2026-Q2 |
| MAPLELANE CAPITAL, LLC new | 780,000 | $19M | 0.2% | 2026-Q2 |
| Northern Right Capital Management, L.P. new | 773,594 | $19M | 0.2% | 2026-Q2 |
| SOROS CAPITAL MANAGEMENT LLC added | 761,887 | $19M | 0.2% | 2026-Q2 |
| Swiss National Bank added | 761,700 | $19M | 0.2% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 754,419 | $19M | 0.2% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 753,721 | $19M | 0.2% | 2026-Q2 |
| SEVEN GRAND MANAGERS, LLC new | 750,000 | $19M | 0.2% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 740,140 | $18M | 0.2% | 2026-Q2 |
| LMR Partners LLP trimmed | 733,973 | $18M | 0.2% | 2026-Q2 |
| Hel Ved Capital Management Ltd added | 727,670 | $18M | 0.2% | 2026-Q2 |
| IMC-Chicago, LLC added | 726,847 | $18M | 0.2% | 2026-Q2 |
| RR Advisors, LLC trimmed | 713,772 | $18M | 0.2% | 2026-Q2 |
| Vident Advisory, LLC trimmed | 687,013 | $17M | 0.2% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 675,557 | $17M | 0.2% | 2026-Q2 |
| Nuveen, LLC trimmed | 668,537 | $17M | 0.2% | 2026-Q2 |
| Assenagon Asset Management S.A. new | 668,022 | $17M | 0.2% | 2026-Q2 |
| Zweig-DiMenna Associates LLC trimmed | 637,982 | $16M | 0.2% | 2026-Q2 |
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.
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.