BIT Capital GmbH
"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.
13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.
We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 22 quarters, returned +3.7% per quarter — versus +2.9% per quarter from simply owning every 13F stock. It beat that baseline in only 54.5% of quarters (excess t = -0.39, not statistically significant). Its filings tell you what it bought — not what you should buy.
Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)
Top 20 holdings of 76 · 2026 Q1
| Ticker | Value | Weight | QoQ |
|---|---|---|---|
| IREN | $224M | | TRIM |
| AMZN | $162M | | ADD |
| GOOGL | $136M | | ADD |
| TSM | $113M | | TRIM |
| MU | $104M | | TRIM |
| AMD | $93M | | ADD |
| HNGE | $89M | | TRIM |
| HUT | $89M | | TRIM |
| NVDA | $86M | | ADD |
| FIGR | $85M | | ADD |
| OSCR | $73M | | ADD |
| INTC | $66M | | ADD |
| FCX | $55M | | NEW |
| LMND | $37M | | TRIM |
| WULF | $35M | | ADD |
| BE | $34M | | NEW |
| RUN | $31M | | NEW |
| NOK | $27M | | NEW |
| TSEM | $27M | | NEW |
| BMNR | $20M | | ADD |
QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.
New positions in 2026 Q1
Method & Limitations
Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.