47% buyers of institutions opening or closing positions this quarter
1 more exits than new buyers, ownership fell 6.15 percentage points vs the prior quarter, and 1 well-known fund manager in the top 25.
47% buyers of institutions opening or closing positions this quarter
53.5% institutional ownership
Wealthspring Capital LLC portfolio allocation
Institutional ownership vs industry peers
No Form 4 insider transactions on file
Latest positioning in BDCI across 13F flow, ownership shift, marquee holders, and holder-count growth.
Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in BDCI held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | TORONTO DOMINION BANK | 1.4M | $13.9M | +4.7% | 4.015% | 0.02% |
| 2 | LINDEN ADVISORS LP | 1.1M | $11.2M | 0.0% | 3.238% | 0.06% |
| 3 | TENOR CAPITAL MANAGEMENT Co., L.P. | 1.1M | $11.2M | 0.0% | 3.238% | 0.17% |
| 4 | LMR Partners LLP | 1.0M | $10.2M | 0.0% | 2.950% | 0.02% |
| 5 | ADAGE CAPITAL PARTNERS GP, L.L.C. | 1.0M | $10.0M | 0.0% | 2.878% | 0.02% |
| 6 | CNH PARTNERS LLC | 862K | $8.6M | -3.0% | 2.481% | 0.14% |
| 7 | Verition Fund Management LLC | 840K | $8.4M | +2.6% | 2.418% | 0.05% |
| 8 | Magnetar Financial LLC | 750K | $7.5M | 0.0% | 2.159% | 0.08% |
| 9 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 750K | $7.5M | 0.0% | 2.159% | 0.01% |
| 10 | Vivaldi Asset Management, LLC | 739K | $7.4M | -1.5% | 2.126% | 0.39% |
| 11 | Radcliffe Capital Management, L.P. | 651K | $6.5M | +12.0% | 1.875% | 0.49% |
| 12 | Alberta Investment Management Corp | 525K | $5.2M | 0.0% | 1.511% | 0.03% |
| 13 | PERISCOPE CAPITAL INC. | 450K | $4.5M | -8.9% | 1.295% | 0.50% |
| 14 | Shaolin Capital Management LLC | 450K | $4.5M | +13.3% | 1.295% | 0.17% |
| 15 | Saba Capital Management, L.P. | 405K | $4.0M | -22.8% | 1.166% | 0.11% |
| 16 | ARISTEIA CAPITAL LLC | 400K | $4.0M | 0.0% | 1.151% | 0.08% |
| 17 | MOORE CAPITAL MANAGEMENT, LP | 400K | $4.0M | 0.0% | 1.151% | 0.08% |
| 18 | Hudson Bay Capital Management LP | 400K | $4.0M | 0.0% | 1.151% | 0.01% |
| 19 | TWO SIGMA INVESTMENTS, LP | 396K | $4.0M | 0.0% | 1.141% | 0.00% |
| 20 | MILLENNIUM MANAGEMENT LLC | 394K | $3.9M | +5.6% | 1.133% | 0.00% |
| 21 | Context Capital Management, LLC | 350K | $3.5M | 0.0% | 1.007% | 0.08% |
| 22 | WOLVERINE ASSET MANAGEMENT LLC | 343K | $3.4M | +1614.9% | 0.987% | 0.03% |
| 23 | Centiva Capital, LP | 314K | $3.1M | +527.0% | 0.902% | 0.02% |
| 24 | Wealthspring Capital LLC | 313K | $3.1M | -6.4% | 0.900% | 0.74% |
| 25 | JPMORGAN CHASE & CO | 300K | $3.0M | — | 0.863% | 0.10% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in BDCI — a direct measure of their conviction.
Filings activity in BDCI during Q1 2026, grouped by how each filer changed its position.
3 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 51 | 1.9% | 53.50% | 6.15 pp | $187M | 10% |
| Q4 2025 | 52 | +5100% | 59.65% | +59.65 pp | $208M | +2603802% |
| Q3 2018 | 1 | — | 0.00% | — | $0M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
No recent Form 4 insider transactions on file for BDCI.
Quick answers to the most common questions about buying BDCI stock.
Based on Q1 2026 13F filings, institutional ownership of BTC Development Corp. Class A Ordinary Shares stands at 53.5%, held across 51 reporting institutions.
TORONTO DOMINION BANK is the largest reported institutional holder of BDCI, with approximately 1,395,000 shares worth $0.01B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of BDCI, including TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for BDCI is 34 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
8 institutions opened new positions in BDCI during Q1 2026, while 9 fully exited. 9 added to existing positions and 34 trimmed.
BDCI institutional ownership fell by 6.15 percentage points quarter-over-quarter, with a net change of -1 holders.
The top 10 institutions account for 51.4% of all reported 13F value in BDCI, and the top 25 account for 84.0%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.