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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 3 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
Keating Financial Advisory Services, Inc.9$1030.00%+9New
SWAN Capital LLC10$1150.00%−10−50.0%Reduced
Root Financial Partners, LLC10$1150.00%+10New
Essential Partners LLC25$2870.00%+21+525.0%Added
Kerr Financial Planning Corp27$3210.00%+27New
Proathlete Wealth Management LLC40$4590.00%+2+5.3%Added
LRI Investments, LLC42$4830.00%+42New
Marquette Asset Management, LLC43$4950.00%+43New
ORG Partners LLC50$5740.00%00.0%Unchanged
Blueline Advisors LLC52$5980.00%+52New
Bare Financial Services, Inc74$8500.00%+74New
Motiv8 Investments LLC70$1.00K0.00%+70New
Basecamp Wealth Advisors LLC104$1.20K0.00%+104New
Pinnacle Wealth Planning Services, Inc.114$1.31K0.00%+114New
TD Capital Management LLC120$1.38K0.00%00.0%Unchanged
Tucker Asset Management LLC160$1.84K0.00%+160New
Valley National Advisers Inc200$2.00K0.00%+200New
Alphadyne Asset Management LP193$2.22K0.00%+193New
North Star Investment Management Corp.200$2.30K0.00%+200New
International Assets Investment Management, LLC200$2.30K0.00%+200New
Raleigh Capital Management Inc.200$2.30K0.00%+200New
McGuire Capital Advisors Inc200$2.30K0.00%+200New
Fortitude Family Office, LLC204$2.34K0.00%−1−0.5%Reduced
Quadrant Capital Group LLC207$2.38K0.00%00.0%Unchanged
Hazlett, Burt & Watson, Inc.300$3.00K0.00%00.0%Unchanged
Parkside Financial Bank & Trust274$3.15K0.00%00.0%Unchanged
Larson Financial Group LLC302$3.47K0.00%+302New
MAI Capital Management317$3.64K0.00%+208+190.8%Added
SHP Wealth Management328$3.77K0.00%+328New
Parallel Advisors, LLC358$4.11K0.00%−176−33.0%Reduced
CIBC Private Wealth Group, LLC368$4.23K0.00%+77+26.5%Added
Sound Income Strategies, LLC315$4.36K0.00%+315New
Archer Investment Corp392$4.50K0.00%−760−66.0%Reduced
EverSource Wealth Advisors, LLC428$4.92K0.00%−148−25.7%Reduced
Northwestern Mutual Wealth Management Co449$5.16K0.00%+49+12.3%Added
UMA Financial Services, Inc.466$5.36K0.00%+466New
Smartleaf Asset Management LLC535$5.96K0.00%+339+173.0%Added
Rothschild Investment LLC545$6.26K0.00%+15+2.8%Added
US Bancorp612$7.03K0.00%+148+31.9%Added
Private Trust Co NA681$7.83K0.00%−121−15.1%Reduced
CoreCap Advisors, LLC700$8.04K0.00%−7,300−91.3%Reduced
Stonehage Fleming Financial Services Holdings Ltd722$8.29K0.00%+722New
Strategic Wealth Partners, Ltd.857$9.85K0.00%+857New
N.E.W. Advisory Services LLC920$10.6K0.00%00.0%Unchanged
WPG Advisers, LLC972$11.2K0.01%00.0%Unchanged
Rossby Financial, LCC1,000$11.5K0.00%00.0%Unchanged
GHP Investment Advisors, Inc.1,000$11.5K0.00%00.0%Unchanged
Ronald Blue Trust, Inc.1,000$11.5K0.00%00.0%Unchanged
Central Trust Co1,000$11.5K0.00%+1,000New
Abound Financial, LLC1,030$11.8K0.00%+1,030New
SRS Capital Advisors, Inc.1,043$12.0K0.00%+589+129.7%Added
GPS Wealth Strategies Group, LLC1,055$12.1K0.01%−2,535−70.6%Reduced
Danske Bank A/S1,100$12.6K0.00%+1,100New
Harbor Investment Advisory, LLC1,200$13.8K0.00%−200−14.3%Reduced
Kemnay Advisory Services Inc.1,327$15.2K0.00%+1,327New
Federated Hermes, Inc.1,384$15.9K0.00%−68,020−98.0%Reduced
GAMMA Investing LLC1,385$15.9K0.00%+898+184.4%Added
MCF Advisors LLC1,438$16.5K0.00%+452+45.8%Added
Atlantic Edge Private Wealth Management, LLC1,500$17.2K0.00%00.0%Unchanged
Rockefeller Capital Management L.P.1,790$20.6K0.00%+1,790New
Federation des caisses Desjardins du Quebec1,900$21.8K0.00%+400+26.7%Added
Toth Financial Advisory Corp2,000$23.0K0.00%+2,000New
Silicon Valley Capital Partners2,000$23.0K0.00%+2,000New
SJS Investment Consulting Inc.2,142$24.6K0.00%+1,925+887.1%Added
CWM, LLC2,402$28.0K0.00%+737+44.3%Added
Optiver Holding B.V.2,595$29.8K0.00%+934+56.2%Added
Vermillion Wealth Management, Inc.2,595$29.8K0.01%+2,394+1,191.0%Added
Sterling Capital Management LLC2,840$32.6K0.00%+1,107+63.9%Added
National Bank of Canada2,860$32.7K0.00%+1,020+55.4%Added
Solstein Capital, LLC3,000$34.5K0.01%+3,000New
AdvisorNet Financial, Inc3,250$37.3K0.00%00.0%Unchanged
Harbour Investments, Inc.3,346$38.4K0.00%+289+9.5%Added
Acadian Asset Management LLC3,443$39.0K0.00%+3,443New
RiverPark Advisors, LLC3,576$41.1K0.01%+3,576New
Activest Wealth Management4,000$46.0K0.01%+4,000New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.4,126$47.0K0.00%+1,328+47.5%Added
Elequin Capital LP4,436$51.0K0.01%+4,436New
Harvest Fund Management Co., Ltd7,851$52.0K0.00%00.0%Unchanged
Torno Capital, LLC5,000$57.5K0.02%+5,000New
Gunpowder Capital Management, LLC dba Oliver Wealth Management5,370$61.7K0.05%+5,370New
Rosenberg Matthew Hamilton5,667$65.1K0.01%00.0%Unchanged
Global Retirement Partners, LLC5,702$65.5K0.00%+5,258+1,184.2%Added
Aspect Partners, LLC5,725$65.8K0.03%+195+3.5%Added
Creative Financial Designs Inc5,800$66.6K0.00%+4,800+480.0%Added
Tower Research Capital LLC (TRC)6,014$69.1K0.00%−17,172−74.1%Reduced
Advisors Asset Management, Inc.6,742$77.5K0.00%−60−0.9%Reduced
The PNC Financial Services Group, Inc.7,722$88.7K0.00%+2,376+44.4%Added
Strategic Investment Solutions, Inc.0$99.6K0.02%−58,960−100.0%Reduced
Signaturefd, LLC9,041$103.9K0.00%−223−2.4%Reduced
Amalgamated Bank9,535$110.0K0.00%+268+2.9%Added
Kestra Advisory Services, LLC9,744$112.0K0.00%−30,006−75.5%Reduced
Levin Capital Strategies, L.P.10,000$114.9K0.01%+10,000New
National Asset Management, Inc.10,000$114.9K0.01%+10,000New
Camelot Portfolios, LLC10,000$114.9K0.07%+10,000New
Stablepoint Partners, LLC10,000$114.9K0.02%+10,000New
Teacher Retirement System of Texas10,016$115.1K0.00%−30,004−75.0%Reduced
Am Investment Strategies LLC10,100$116.0K0.02%00.0%Unchanged
Perigon Wealth Management, LLC10,108$116.1K0.00%−1,200−10.6%Reduced
Mercer Global Advisors Inc10,187$117.0K0.00%+10,187New
Steward Partners Investment Advisory, LLC10,197$117.2K0.00%00.0%Unchanged