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Terawulf Inc.

WULF
Exchange
Nasdaq
Industry
Finance Services
SEC CIK
0001083301

In the last 90 days, Terawulf Inc. insiders filed 2 open-market purchases and 4 sales; 502 institutions reported holding it in 13F filings for Q2 2026, worth $9.82B in total; Lone Pine Capital is the only superinvestor holding it.

13F holders, Q4 2025

Institutional positions in Terawulf Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
410
+89 vs. Q3 2025
Shares held
294.9M
+28.7M (+10.8%) vs. Q3 2025
Total value
$3.39B
+$349.4M (+11.5%) vs. Q3 2025
New holders
129
144 more added
Sold out
40
107 more reduced

6 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting WULF on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 410 institutions
Q1 2021: 9 institutionsQ2 2021: 9 institutionsQ3 2021: 18 institutionsQ4 2021: 24 institutionsQ1 2022: 50 institutionsQ2 2022: 71 institutionsQ3 2022: 63 institutionsQ4 2022: 58 institutionsQ1 2023: 72 institutionsQ2 2023: 71 institutionsQ3 2023: 98 institutionsQ4 2023: 110 institutionsQ1 2024: 130 institutionsQ2 2024: 204 institutionsQ3 2024: 220 institutionsQ4 2024: 263 institutionsQ1 2025: 271 institutionsQ2 2025: 275 institutionsQ3 2025: 327 institutionsQ4 2025: 410 institutionsQ1 2026: 448 institutionsQ2 2026: 502 institutions
Value heldQ4 2025: $3.39B
Q1 2021: $59.0KQ2 2021: $2.24MQ3 2021: $6.83MQ4 2021: $42.0MQ1 2022: $55.1MQ2 2022: $11.5MQ3 2022: $11.6MQ4 2022: $8.18MQ1 2023: $23.1MQ2 2023: $55.7MQ3 2023: $59.0MQ4 2023: $154.7MQ1 2024: $182.9MQ2 2024: $760.4MQ3 2024: $785.0MQ4 2024: $1.07BQ1 2025: $529.4MQ2 2025: $930.1MQ3 2025: $3.06BQ4 2025: $3.39BQ1 2026: $4.57BQ2 2026: $9.82B
Institutions holding WULF and their total value by quarter
QuarterHoldersValue
Q2 2026502$9.82B
Q1 2026448$4.57B
Q4 2025410$3.39B
Q3 2025327$3.06B
Q2 2025275$930.1M
Q1 2025271$529.4M
Q4 2024263$1.07B
Q3 2024220$785.0M
Q2 2024204$760.4M
Q1 2024130$182.9M
Q4 2023110$154.7M
Q3 202398$59.0M
Q2 202371$55.7M
Q1 202372$23.1M
Q4 202258$8.18M
Q3 202263$11.6M
Q2 202271$11.5M
Q1 202250$55.1M
Q4 202124$42.0M
Q3 202118$6.83M
Q2 20219$2.24M
Q1 20219$59.0K

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Terawulf Inc.; share changes are against Q3 2025.

Institutions holding WULF in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc33,643,009$386.6M0.01%+9,162,958+37.4%Added
BlackRock, Inc.27,897,829$320.5M0.01%+1,890,180+7.3%Added
D. E. Shaw & Co., Inc.15,474,258$177.8M0.14%+2,298,669+17.4%Added
Morgan Stanley9,641,209$110.8M0.01%+724,286+8.1%Added
Geode Capital Management, LLC8,377,589$96.3M0.01%+318,842+4.0%Added
Jane Street Group, LLC8,205,046$94.3M0.11%−135,744−1.6%Reduced
Citadel Advisors LLC7,621,915$87.6M0.06%+4,546,044+147.8%Added
State Street Corp7,349,508$84.4M0.00%+298,645+4.2%Added
Point72 Asset Management, L.P.6,374,256$73.2M0.11%+6,157,677+2,843.2%Added
FMR LLC6,367,776$73.2M0.00%+3,523,507+123.9%Added
Scoggin Management LP6,325,000$72.7M27.01%−525,000−7.7%Reduced
Voloridge Investment Management, LLC6,206,294$71.3M0.25%+163,768+2.7%Added
Driehaus Capital Management LLC5,864,195$67.4M0.46%−3,142,769−34.9%Reduced
Bank of America Corp5,289,274$60.8M0.00%−775,673−12.8%Reduced
Wellington Management Group LLP4,544,242$52.2M0.01%+642,364+16.5%Added
Two Seas Capital LP4,502,794$51.7M3.03%+651,606+16.9%Added
Two Sigma Investments, LP3,956,129$45.5M0.07%−4,729,991−54.5%Reduced
Invesco Ltd.3,575,310$41.1M0.00%+2,144,209+149.8%Added
UBS Group AG3,471,510$39.9M0.01%+767,664+28.4%Added
Marshall Wace, LLP3,186,200$36.6M0.04%+2,713,587+574.2%Added
Nomura Holdings Inc2,998,941$34.5M0.10%+532,209+21.6%Added
Hodges Capital Management Inc.2,866,544$32.9M2.83%−919,169−24.3%Reduced
Susquehanna International Group, LLP2,848,703$32.7M0.04%+2,309,911+428.7%Added
Squarepoint Ops LLC2,806,968$32.3M0.07%+2,259,002+412.3%Added
Toroso Investments, LLC2,766,336$31.8M0.13%−286,578−9.4%Reduced
Charles Schwab Investment Management Inc2,697,924$31.0M0.00%+164,792+6.5%Added
Connor, Clark & Lunn Investment Management Ltd.2,653,730$30.5M0.08%+721,452+37.3%Added
Northern Trust Corp2,608,638$30.0M0.00%+5,093+0.2%Added
Canada Pension Plan Investment Board2,600,057$29.9M0.02%+2,600,057New
Covalis Capital LLP2,427,296$27.9M2.18%+2,427,296New
Citigroup Inc2,300,218$26.4M0.02%−1,489,761−39.3%Reduced
Van Eck Associates Corp2,218,217$25.5M0.02%+253,447+12.9%Added
Merewether Investment Management, LP2,164,500$24.9M0.57%+2,164,500New
Two Sigma Advisers, LP2,137,800$24.6M0.05%−5,769,800−73.0%Reduced
Beartown Capital Management, LLC2,000,000$23.0M17.97%+2,000,000New
Mirae Asset Global ETFs Holdings Ltd.1,961,009$22.5M0.03%−1,015,014−34.1%Reduced
Simplex Trading, LLC1,941,017$22.3M0.63%+1,078,795+125.1%Added
HRT Financial LP1,881,982$21.6M0.07%−318,011−14.5%Reduced
Zweig-DiMenna Associates LLC1,871,700$21.5M1.53%−12,000−0.6%Reduced
Goldman Sachs Group Inc1,846,553$21.2M0.00%−2,097,530−53.2%Reduced
Millennium Management LLC1,825,307$21.0M0.02%−2,191,394−54.6%Reduced
Marex Group plc1,776,863$20.4M0.22%+1,776,863New
Caption Management, LLC1,664,636$19.1M0.84%+1,664,636New
Park West Asset Management LLC1,423,100$16.4M1.38%+843,100+145.4%Added
Vident Advisory, LLC1,276,810$14.7M0.14%−93,530−6.8%Reduced
Nuveen, LLC1,272,245$14.5M0.00%+462,818+57.2%Added
Exchange Traded Concepts, LLC1,248,014$14.3M0.12%−259,959−17.2%Reduced
UBS Asset Management Americas Inc1,217,293$14.0M0.00%+735,893+152.9%Added
Trexquant Investment LP1,208,806$13.9M0.12%+48,284+4.2%Added
1832 Asset Management L.P.1,194,848$13.7M0.02%+1,100,893+1,171.7%Added
Next Century Growth Investors LLC1,180,535$13.6M0.94%+408,377+52.9%Added
Ardsley Advisory Partners LP1,165,000$13.4M1.70%−35,000−2.9%Reduced
BIT Capital GmbH1,157,735$13.3M0.58%+420,572+57.1%Added
Lord, Abbett & Co. LLC1,086,254$12.5M0.04%+223,317+25.9%Added
Centiva Capital, LP1,054,432$12.1M0.73%+1,054,432New
Walleye Capital LLC1,029,683$11.8M0.07%+553,562+116.3%Added
Nishkama Capital, LLC1,019,138$11.7M1.58%−128,862−11.2%Reduced
Bank of New York Mellon Corp1,002,326$11.5M0.00%+154,910+18.3%Added
Axxcess Wealth Management, LLC1,000,000$11.5M0.20%00.0%Unchanged
Public Sector Pension Investment Board974,296$11.2M0.04%+974,296New
Covalis (Gibraltar) Ltd939,911$10.8M15.22%+939,911New
RR Advisors, LLC918,972$10.6M3.30%−207,028−18.4%Reduced
First Trust Advisors LP900,000$10.3M0.01%+372,544+70.6%Added
Healthcare of Ontario Pension Plan Trust Fund885,884$10.2M0.02%+464,345+110.2%Added
Clearbridge Investments, LLC839,662$9.65M0.01%−181,754−17.8%Reduced
Barclays PLC839,323$9.64M0.00%+176,356+26.6%Added
Wealth Enhancement Advisory Services, LLC723,855$9.54M0.01%−12,406−1.7%Reduced
Man Group plc786,034$9.03M0.02%+786,034New
Thames Capital Management LLC770,267$8.85M1.29%−678,824−46.8%Reduced
Wolverine Asset Management LLC752,685$8.65M0.12%+752,685New
P Schoenfeld Asset Management LP747,000$8.58M4.21%−2,763,574−78.7%Reduced
Jump Financial, LLC741,173$8.52M0.11%−1,642,834−68.9%Reduced
Moore Capital Management, LP740,198$8.50M0.17%+740,198New
Soros Capital Management LLC726,500$8.35M2.19%+275,500+61.1%Added
JPMorgan Chase & Co726,418$8.35M0.00%−3,751,670−83.8%Reduced
Gillson Capital LP720,000$8.27M0.54%+430,300+148.5%Added
Voya Investment Management LLC689,195$7.92M0.01%+313,441+83.4%Added
Schonfeld Strategic Advisors LLC678,340$7.79M0.04%+469,905+225.4%Added
Universal- Beteiligungs- und Servicegesellschaft mbH657,953$7.41M0.01%−361,346−35.5%Reduced
Uniplan Investment Counsel, Inc.620,674$7.13M0.72%+10,432+1.7%Added
Swiss National Bank606,500$6.97M0.00%+12,100+2.0%Added
Tudor Investment Corp Et Al598,238$6.87M0.04%−1,805,656−75.1%Reduced
Hidden Lake Asset Management LP594,476$6.83M3.72%+594,476New
Spear Advisors LLC576,598$6.63M4.64%+576,598New
Marnell Management LLC565,928$6.50M4.95%+565,928New
J. Goldman & Co LP559,583$6.43M0.25%+559,583New
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main541,149$6.22M0.01%−70,241−11.5%Reduced
Deutsche Bank AG535,875$6.16M0.00%+27,005+5.3%Added
Cresset Asset Management, LLC533,791$6.13M0.03%−62,300−10.5%Reduced
Weiss Asset Management LP521,094$5.99M0.08%+409,127+365.4%Added
CastleKnight Management LP509,300$5.85M0.33%−143,000−21.9%Reduced
Engineers Gate Manager LP481,515$5.53M0.07%−507,799−51.3%Reduced
Janus Henderson Group PLC451,832$5.19M0.00%+319,442+241.3%Added
Wells Fargo & Company449,908$5.17M0.00%−533,405−54.2%Reduced
Engle Capital Management, L.P.437,500$5.03M1.94%+437,500New
Vennlight Capital Management, LP419,396$4.82M5.62%+244,270+139.5%Added
AlTi Global, Inc.409,847$4.71M0.10%+7,047+1.7%Added
FORA Capital, LLC403,284$4.63M0.56%+316,451+364.4%Added
Trivest Advisors Ltd401,875$4.62M0.21%+401,875New
Norges Bank399,600$4.59M0.00%+399,600New