What is the 13F Pro Quality Score for WULF?

13F Pro ranks TERAWULF INC. (WULF) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View WULF's current score at https://13fpro.ai/research/WULF (free sign-up required for the full ranking).

Which hedge funds own the most WULF stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of WULF include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, JANE STREET GROUP,. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/WULF as soon as new 13F filings post.

Where does 13F Pro source WULF data?

All TERAWULF INC. fundamentals and ownership data come directly from SEC EDGAR. TERAWULF INC. files with the SEC under CIK 1083301. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is WULF in?

TERAWULF INC. (WULF) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

How often is WULF research updated on 13F Pro?

WULF's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

TERAWULF INC.(WULF)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Financials →Nasdaq

Institutional-grade research for retail investors

SEC EDGAR: CIK 1083301 WULF stock profile & AI dashboard →

13F Pro Quality Score

25.2/100

Rank #2,557 of 2,879 stocks

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

84.8/100

Profitability

3.1/100

Balance Sheet

13.9/100

Earnings Quality

30.0/100

Free Cash Flow

2.6/100

Institutional Flow

5.9/100

Revenue Scale

20.5/100

Dilution Risk

6.5/100

WULF Stock Analysis & AI Quality Score

AI stock analysis and institutional research for TERAWULF INC. (WULF), a Financials sector company. 13F Pro's AI-powered ranking engine scores WULF at 25.2/100 on a 32-signal composite quality model, placing it at rank #2,557 of 2,879 stocks — the bottom half of the AI-ranked universe. WULF scores in the top quartile across revenue growth (84.8). Areas of concern include free cash flow (2.6) and profitability (3.1), which score below median versus the broader universe. Shareholder dilution risk is elevated at 6.5/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), TERAWULF INC. reports quarterly revenue of $34.0M, net income of $-427.6M, free cash flow of $-540.5M. Top institutional holders of WULF by reported 13-F value include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, JANE STREET GROUP,, based on the most recent SEC filings. WULF trades on the Nasdaq exchange and files with the SEC under CIK 1083301. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate WULF daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for TERAWULF INC. directly from SEC EDGAR. TERAWULF INC.'s 13F Pro composite quality score has ranged between 7 and 90 since 2022, currently 25.2 — an improving long-term trajectory across 40 quarterly and live scoring snapshots.

✦

Fun facts about TERAWULF INC.

Quirks, history, and lore behind WULF — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. company in the digital asset space · listed on Nasdaq · headquartered in Maryland · operates in the energy-intensive computing sector.
2
The Numbers
The company runs hundreds of megawatts of contracted power capacity, aiming to be one of the largest bitcoin miners in North America by installed hashrate.
3
The History
Founded around 2021, it was built from the ground up during the crypto boom with a focus on sourcing low-cost, sustainable power rather than chasing hardware alone.
4
The Secret
Its secret weapon is a strategic partnership with a nuclear energy provider — giving it access to carbon-free baseload electricity that most rivals can only dream about.
5
The Lore
It operates a flagship mining site called Lake Mariner in New York, powered in part by the grid tied to a nuclear plant — making its bitcoin arguably the greenest around.
6
The Giveaway
Its name literally fuses tera (a nod to massive scale) with wulf — and its ticker howls just as loud: WULF.

▶ Think you know your stocks? Play the Daily Ticker

Revenue

Q1 2026

$34.0M

Net Income

Q1 2026

$-427.6M

Free Cash Flow

Q1 2026

$-540.5M

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+143.3% YoY

$168.5MFY 2025

FY21 —FY22 $15.0MFY23 $69.2MFY25 $168.5M

Net Income

-800.9% YoY

$-661.4MFY 2025

FY21 $-95.7MFY22 $-90.8MFY23 $-73.4MFY25 $-661.4M

Operating Income

-532.9% YoY

$-186.2MFY 2025

FY21 —FY22 $-43.7MFY23 $-29.4MFY25 $-186.2M

EPS (Diluted)

-374.3% YoY

$-1.66FY 2025

FY21 —FY22 $-0.82FY23 $-0.35FY25 $-1.66

Total Assets

+1634.5% YoY

$6.56BFY 2025

FY21 $264.9MFY22 $317.7MFY23 $378.1MFY25 $6.56B

Total Debt

+1173.3% YoY

$3.14BFY 2025

FY21 $94.6MFY22 $176.8MFY23 $247.0MFY25 $3.14B

Op. Cash Flow

-2989.5% YoY

$-123.2MFY 2025

FY21 —FY22 $-34.1MFY23 $4.3MFY25 $-123.2M

Metric	FY 2025	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Revenue	$168.5M +143.3%	$69.2M +360.5%	$15.0M	—	$13.4M -23.8%	$17.6M
Net Income	$-661.4M -800.9%	$-73.4M +19.1%	$-90.8M +5.1%	$-95.7M -21679.8%	$-439.3K +46.0%	$-813.6K
Operating Income	$-186.2M -532.9%	$-29.4M +32.7%	$-43.7M	—	$-1.8M -86.7%	$-956.7K
EPS (Diluted)	$-1.66 -374.3%	$-0.35 +57.3%	$-0.82	—	$-0.22 +46.3%	$-0.41
Total Assets	$6.56B +1634.5%	$378.1M +19.0%	$317.7M +19.9%	$264.9M +1616.3%	$15.4M -8.6%	$16.9M
Total Debt	$3.14B +1173.3%	$247.0M +39.7%	$176.8M +86.9%	$94.6M +3419.8%	$2.7M -11.9%	$3.1M
Operating Cash Flow	$-123.2M -2989.5%	$4.3M +112.5%	$-34.1M	—	$-398.8K +16.4%	$-477.0K

AI Insight: WULF Financial Trends

TeraWulf's equity turned negative in Q1 2026 after taking on $3.2B debt in Q4 2025, while revenue remains volatile around $35-50M.

• Revenue fluctuated between $27M-$51M across quarters with no clear growth trajectory over the 8-quarter period.

• Total debt surged from $0M to $3.2B between Q3 2024 and Q1 2026, dramatically altering capital structure.

• Equity collapsed from $386M in Q2 2024 to negative $79M in Q1 2026.

⚠ Operating losses widened significantly to $162M in Q1 2026 from $7M loss in Q2 2024.

⚠ Operating cash flow turned deeply negative at $88M outflow in Q4 2025 after positive $56M in Q1 2025.

AI Insight: WULF Ratio Trends

TeraWulf's financial metrics remain deeply negative with operating margin deteriorating from -19.0% in Q2 2024 to -171.8% on a TTM basis.

• Operating margin worsened from -19.0% in Q2 2024 to -173.3% in Q1 2025 before improving to -32.7% in Q2 2025.

• ROA declined from -9.1% in Q2 2024 to -74.2% in Q3 2025, showing persistent asset utilization challenges.

• ROIC volatility ranged from -5.1% in Q2 2024 to -84.2% in Q4 2024, indicating unstable capital returns.

⚠ Debt-to-equity ratio spiked to 22.39 in Q4 2025 from zero in prior quarters, signaling potential leverage concerns.

⚠ Missing data in recent quarters for key profitability metrics suggests reporting or operational disruptions.

Get alerted when WULF's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for TERAWULF INC. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of WULF

BlackRock, Inc.
$406.1M28,142,025 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$324.1M22,462,422 sh
JANE STREET GROUP, LLC
$288.6M20,002,000 sh
LONE PINE CAPITAL LLC
$287.5M19,921,430 sh
SUSQUEHANNA INTERNATIONAL GROUP, LLP
$236.2M16,369,600 sh
VANGUARD CAPITAL MANAGEMENT LLC
$225.5M15,627,257 sh
CITADEL ADVISORS LLC
$187.8M13,015,600 sh
JANE STREET GROUP, LLC
$163.1M11,299,400 sh
SUSQUEHANNA INTERNATIONAL GROUP, LLP
$142.6M9,881,600 sh
MARSHALL WACE, LLP
$135.3M9,374,298 sh

Fund	Value	Shares
BlackRock, Inc.	$406.1M	28,142,025
VANGUARD PORTFOLIO MANAGEMENT LLC	$324.1M	22,462,422
JANE STREET GROUP, LLC	$288.6M	20,002,000
LONE PINE CAPITAL LLC	$287.5M	19,921,430
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$236.2M	16,369,600
VANGUARD CAPITAL MANAGEMENT LLC	$225.5M	15,627,257
CITADEL ADVISORS LLC	$187.8M	13,015,600
JANE STREET GROUP, LLC	$163.1M	11,299,400
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$142.6M	9,881,600
MARSHALL WACE, LLP	$135.3M	9,374,298

More Financials Companies

View all Financials →

AAAU

Goldman Sachs Physical Gold ETF

AACB

Artius II Acquisition Inc.

AACI

Armada Acquisition Corp. III

AACO

Abony Acquisition Corp. I

AACP

Apogee Acquisition Corp

AAC-UN

Ares Acquisition Corp III

AAME

ATLANTIC AMERICAN CORP

AAMI

Acadian Asset Management Inc.

Put WULF on your watchlist

Track score changes the day TERAWULF INC. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is WULF a good stock to buy?

13F Pro's AI-powered analysis of TERAWULF INC. (WULF) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for WULF are available on the WULF stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own WULF?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling WULF. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of TERAWULF INC.'s investment landscape.