BTC Development Corp. (BDCI) — Institutional Holders, Q2 2026
66 institutional investment managers reported a BDCI position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $234.0M. Every filer is listed below, ranked by position value. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
BDCI in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- METEORA CAPITALNew · +2,501,814 sh+$22.9M
- WOLVERINE ASSET MANAGEMENTAdded · +801,008 sh+$7.3M
- D. E. ShawNew · +700,000 sh+$6.4M
- MIZUHO SECURITIES USAAdded · +150,000 sh+$1.4M
- StoneX GroupNew · +107,233 sh+$979.9K
Biggest sellers
- TORONTO DOMINION BANKTrimmed · -293,290 sh-$2.7M
- Shaolin Capital ManagementTrimmed · -123,026 sh-$1.1M
- Virtu FinancialTrimmed · -54,391 sh-$497.1K
- Clear Street GroupTrimmed · -48,130 sh-$439.8K
- BERKLEY W RTrimmed · -37,204 sh-$340.0K
BDCI 13F holders ranked 1–66 of 66
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | METEORA CAPITAL#1 · 2,501,814 sh | 2,501,814 | $19.9M | 1.65% | New |
| 2 | TORONTO DOMINION BANK#2 · 2,203,826 sh | 2,203,826 | $16.3M | 0.02% | -11.7% |
| 3 | GLAZER CAPITAL#3 · 1,469,361 sh | 1,469,361 | $11.8M | 0.29% | 0.0% |
| 4 | WOLVERINE ASSET MANAGEMENT#4 · 1,148,985 sh | 1,148,985 | $11.5M | 0.10% | +230.2% |
| 5 | LINDEN ADVISORS#5 · 1,406,250 sh | 1,406,250 | $11.4M | 0.06% | 0.0% |
| 6 | TENOR CAPITAL MANAGEMENT , L.P.#6 · 1,406,250 sh | 1,406,250 | $11.4M | 0.16% | 0.0% |
| 7 | LMR Partners LLP#7 · 1,306,250 sh | 1,306,250 | $10.4M | 0.04% | 0.0% |
| 8 | ADAGE CAPITAL PARTNERS GP, L.L.C.#8 · 1,000,000 sh | 1,000,000 | $10.1M | 0.01% | 0.0% |
| 9 | AQR Arbitrage#9 · 1,106,554 sh | 1,106,554 | $8.9M | 0.13% | +2.0% |
| 10 | Verition Fund Management#10 · 1,052,355 sh | 1,052,355 | $8.5M | 0.01% | 0.0% |
| 11 | Magnetar Financial#11 · 937,500 sh | 937,500 | $7.6M | 0.07% | 0.0% |
| 12 | First Capital Management L.P.#12 · 738,849 sh | 738,849 | $7.4M | 0.43% | 0.0% |
| 13 | D. E. Shaw#13 · 700,000 sh | 700,000 | $7.0M | <0.01% | New |
| 14 | Radcliffe Capital Management, L.P.#14 · 691,486 sh | 691,486 | $6.6M | 0.50% | +0.3% |
| 15 | Alberta Investment Management#15 · 656,250 sh | 656,250 | $5.3M | 0.03% | 0.0% |
| 16 | MILLENNIUM MANAGEMENT#16 · 491,552 sh | 491,552 | $5.0M | <0.01% | 0.0% |
| 17 | PERISCOPE CAPITAL#17 · 601,576 sh | 601,576 | $4.6M | 0.40% | 0.0% |
| 18 | ARISTEIA CAPITAL, L.L.C.#18 · 499,998 sh | 499,998 | $4.1M | 0.05% | 0.0% |
| 19 | MOORE CAPITAL MANAGEMENT#19 · 500,000 sh | 500,000 | $4.1M | 0.06% | 0.0% |
| 20 | Hudson Bay Capital Management#20 · 436,642 sh | 436,642 | $4.0M | 0.01% | 0.0% |
| 21 | TWO SIGMA INVESTMENTS#21 · 396,439 sh | 396,439 | $4.0M | <0.01% | 0.0% |
| 22 | Shaolin Capital Management#22 · 729,963 sh | 729,963 | $3.3M | 0.16% | -14.4% |
| 23 | Wealthspring Capital#23 · 397,492 sh | 397,492 | $3.2M | 0.71% | 0.0% |
| 24 | Centiva Capital#24 · 313,508 sh | 313,508 | $3.2M | 0.03% | 0.0% |
| 25 | HIGHBRIDGE CAPITAL MANAGEMENT#25 · 300,403 sh | 300,403 | $3.0M | 0.07% | +0.1% |
| 26 | MIZUHO SECURITIES USA#26 · 300,000 sh | 300,000 | $3.0M | 0.03% | +100.0% |
| 27 | BNP PARIBAS FINANCIAL MARKETS#27 · 328,438 sh | 328,438 | $2.7M | <0.01% | 0.0% |
| 28 | SONA ASSET MANAGEMENT (US)#28 · 262,494 sh | 262,494 | $2.6M | 0.06% | 0.0% |
| 29 | BERKLEY W R#29 · 260,103 sh | 260,103 | $2.6M | 0.12% | -12.5% |
| 30 | CSS#30 · 399,483 sh | 399,483 | $2.4M | 0.09% | +8.0% |
| 31 | Lineage Point Capital#31 · 321,453 sh | 321,453 | $2.2M | 0.45% | 0.0% |
| 32 | HGC Investment Management#32 · 200,000 sh | 200,000 | $2.0M | 0.40% | 0.0% |
| 33 | RIVERNORTH CAPITAL MANAGEMENT#33 · 249,501 sh | 249,501 | $2.0M | 0.10% | -0.1% |
| 34 | Mint Tower Capital Management B.V.#34 · 250,000 sh | 250,000 | $2.0M | 0.23% | 0.0% |
| 35 | Governors Lane#35 · 200,000 sh | 200,000 | $2.0M | 0.17% | 0.0% |
| 36 | Polar Asset Management Partners#36 · 310,250 sh | 310,250 | $1.8M | 0.03% | +1.3% |
| 37 | Clear Street Group#37 · 260,146 sh | 260,146 | $1.8M | <0.01% | -15.6% |
| 38 | Karpus Management#38 · 143,000 sh | 143,000 | $1.5M | 0.04% | -1.9% |
| 39 | Schonfeld Strategic Advisors#39 · 130,400 sh | 130,400 | $1.2M | <0.01% | +24.5% |
| 40 | DLD Asset Management#40 · 133,100 sh | 133,100 | $1.1M | 0.07% | 0.0% |
| 41 | StoneX Group#41 · 107,233 sh | 107,233 | $1.1M | 0.04% | New |
| 42 | HRT FINANCIAL#42 · 102,793 sh | 102,793 | $1.0M | <0.01% | +2.5% |
| 43 | WHITEBOX ADVISORS#43 · 125,000 sh | 125,000 | $1.0M | 0.01% | 0.0% |
| 44 | O'Connor Alternative Investments#44 · 100,000 sh | 100,000 | $1.0M | 0.07% | 0.0% |
| 45 | STIFEL FINANCIAL#45 · 74,250 sh | 74,250 | $761.1K | <0.01% | 0.0% |
| 46 | Bulldog Investors, LLP#46 · 82,300 sh | 82,300 | $668.8K | 0.15% | -1.8% |
| 47 | OMERS ADMINISTRATION#47 · 60,651 sh | 60,651 | $621.7K | <0.01% | 0.0% |
| 48 | MARSHALL WACE, LLP#48 · 59,155 sh | 59,155 | $595.1K | <0.01% | -1.3% |
| 49 | SRS Capital Advisors#49 · 72,935 sh | 72,935 | $592.7K | <0.01% | New |
| 50 | SkyView Investment Advisors#50 · 66,625 sh | 66,625 | $542.0K | 0.42% | New |
| 51 | Westchester Capital Management#51 · 50,000 sh | 50,000 | $507.5K | 0.02% | 0.0% |
| 52 | Virtu Financial#52 · 29,955 sh | 29,955 | $301.0K | <0.01% | -64.5% |
| 53 | SUSQUEHANNA INTERNATIONAL GROUP, LLP#53 · 27,871 sh | 27,871 | $280.4K | 0.00% | 0.0% |
| 54 | READYSTATE ASSET MANAGEMENT#54 · 20,000 sh | 20,000 | $205.0K | <0.01% | 0.0% |
| 55 | PICTON MAHONEY ASSET MANAGEMENT#55 · 25,000 sh | 25,000 | $203.2K | <0.01% | 0.0% |
| 56 | ABC ARBITRAGE SA#56 · 20,000 sh | 20,000 | $201.4K | — | 0.0% |
| 57 | Quarry#57 · 15,000 sh | 15,000 | $153.0K | 0.01% | 0.0% |
| 58 | BOOTHBAY FUND MANAGEMENT#58 · 14,619 sh | 14,619 | $147.2K | <0.01% | -70.0% |
| 59 | Harraden Circle Investments#59 · 299,999 sh | 299,999 | $105.7K | 0.01% | New |
| 60 | HEALTHCARE OF ONTARIO PENSION PLAN FUND#60 · 187,500 sh | 187,500 | $84.4K | <0.01% | -80.0% |
| 61 | Saba Capital Management, L.P.#61 · 131,249 sh | 131,249 | $61.0K | <0.01% | -75.5% |
| 62 | Kepos Capital#62 · 2,900 sh | 2,900 | $29.0K | 0.04% | 0.0% |
| 63 | Decagon Asset Management LLP#63 · 79,481 sh | 79,481 | $28.0K | <0.01% | +54.4% |
| 64 | MORGAN STANLEY#64 · 43 sh | 43 | $433.00 | 0.00% | -35.8% |
| 65 | UBS Group AG#65 · 26 sh | 26 | $264.00 | 0.00% | +4.0% |
| 66 | Context Capital Management#66 · 437,500 sh | 437,500 | — | — | 0.0% |
Funds that sold out of BDCI in Q2 2026 (1)
Held BDCI at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| CITADEL ADVISORS10,073 sh | 10,073 | $101.6K |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.