CIFR CIPHER MINING INC
COMMON
CUSIP: 17253J106
FIGI: BBG00XYHY0K2
Institutional Holders364
Total Institutional Value$6,324,233,637
Total Shares Held437,251,897
Avg Position$17,374,268
Top 5 Holders %43.2%
Alpha-Weighted Score64.2
New Positions+105
Exited Positions-54
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| V3 HOLDING LTD | Elite Conviction | Minimal Flow | $905,034,403 (14.3%) | 61,316,694 | 9.2% |
| SHAW D E & CO INC | Moderate Conviction | Market Mover | $544,741,667 (8.6%) | 36,906,617 | 716.3% |
| VANGUARD GROUP INC | High Conviction | Market Mover | $482,359,545 (7.6%) | 32,680,186 | 67.9% |
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $415,568,821 (6.6%) | 28,155,069 | 37.3% |
| UBS Group AG | Moderate Conviction | Market Mover | $384,970,291 (6.1%) | 26,081,998 | 53.6% |
| JANE STREET GROUP, LLC | Moderate Conviction | Market Mover | $357,477,090 (5.7%) | 24,219,315 | 69.4% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Moderate Conviction | Market Mover | $345,940,452 (5.5%) | 23,437,700 | - |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $235,019,510 (3.7%) | 15,922,731 | 173.8% |
| CITADEL ADVISORS LLC | Moderate Conviction | Market Mover | $225,112,140 (3.6%) | 15,251,500 | 26.6% |
| Situational Awareness LP | High Conviction | Low Flow | $154,523,813 (2.4%) | 10,469,093 | NEW |
| GEODE CAPITAL MANAGEMENT, LLC | High Conviction | Market Mover | $120,519,311 (1.9%) | 8,164,226 | 25.8% |
| STATE STREET CORP | High Conviction | Market Mover | $119,237,523 (1.9%) | 8,078,423 | 29.2% |
| VALUE ALIGNED RESEARCH ADVISORS, LLC | High Conviction | Low Flow | $109,925,026 (1.7%) | 7,447,495 | 203.8% |
| CITIGROUP INC | Moderate Conviction | Market Mover | $102,063,097 (1.6%) | 6,914,844 | 1,173.9% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $83,306,125 (1.3%) | 5,644,046 | 346.6% |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | High Conviction | Significant Flow | $81,364,544 (1.3%) | 5,512,503 | 15.4% |
| TOROSO INVESTMENTS, LLC | High Conviction | Significant Flow | $71,111,480 (1.1%) | 4,817,851 | -11.1% |
| DIMENSIONAL FUND ADVISORS LP | High Conviction | Market Mover | $65,396,414 (1.0%) | 4,431,035 | 8.4% |
| JANUS HENDERSON GROUP PLC | High Conviction | Market Mover | $63,359,447 (1.0%) | 4,292,790 | 4,385.1% |
| Invesco Ltd. | Moderate Conviction | Market Mover | $58,494,042 (0.9%) | 3,963,011 | -32.2% |
| Alpine Fox Capital LLC | High Conviction | Minimal Flow | $57,888,720 (0.9%) | 3,922,000 | -12.7% |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $55,289,838 (0.9%) | 3,745,924 | 54.9% |
| SCHWAB CHARLES INVESTMENT MANAGEMENT INC | High Conviction | Market Mover | $50,731,788 (0.8%) | 3,437,113 | -14.4% |
| POINT72 ASSET MANAGEMENT, L.P. | Moderate Conviction | Market Mover | $49,871,118 (0.8%) | 3,378,802 | 551.4% |
| VIDENT ADVISORY, LLC | Moderate Conviction | Significant Flow | $49,594,427 (0.8%) | 3,360,056 | 25.6% |
| BARCLAYS PLC | High Conviction | Market Mover | $48,494,792 (0.8%) | 3,285,555 | 897.4% |
| PARALLAX VOLATILITY ADVISERS, LLC | Moderate Conviction | Significant Flow | $44,768,556 (0.7%) | 3,033,100 | -22.3% |
| AROSA CAPITAL MANAGEMENT LP | Moderate Conviction | Low Flow | $38,334,775 (0.6%) | 2,597,207 | 67.1% |
| WALLEYE TRADING LLC | Moderate Conviction | Significant Flow | $38,188,548 (0.6%) | 2,587,300 | 66.1% |
| NORTHERN TRUST CORP | High Conviction | Market Mover | $37,761,776 (0.6%) | 2,558,386 | 26.5% |
| MARSHALL WACE, LLP | Moderate Conviction | Market Mover | $35,798,374 (0.6%) | 2,425,364 | NEW |
| CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. | High Conviction | Significant Flow | $35,656,972 (0.6%) | 2,415,784 | NEW |
| CAPTION MANAGEMENT, LLC | Moderate Conviction | Significant Flow | $34,570,842 (0.5%) | 2,342,198 | 44.7% |
| GRAHAM CAPITAL MANAGEMENT, L.P. | High Conviction | Moderate Flow | $33,328,700 (0.5%) | 2,258,042 | NEW |
| PRIVATE ADVISOR GROUP, LLC | High Conviction | Significant Flow | $33,194,900 (0.5%) | 2,248,977 | 47.3% |
| SQUAREPOINT OPS LLC | Moderate Conviction | Significant Flow | $30,482,145 (0.5%) | 2,065,186 | 37.7% |
| TWENTIETH CENTURY COMPANIES INC | High Conviction | Market Mover | $30,329,911 (0.5%) | 2,054,872 | 71.2% |
| CAPITAL RESEARCH GLOBAL INVESTORS | High Conviction | Significant Flow | $29,460,148 (0.5%) | 1,995,945 | NEW |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $28,776,613 (0.5%) | 1,949,635 | 54.4% |
| DRIEHAUS CAPITAL MANAGEMENT LLC | High Conviction | Moderate Flow | $28,186,833 (0.4%) | 1,909,677 | 55.1% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | High Conviction | Significant Flow | $27,530,780 (0.4%) | 1,865,229 | -19.7% |
| JENNISON ASSOCIATES LLC | High Conviction | Significant Flow | $25,013,227 (0.4%) | 1,694,663 | NEW |
| WOLVERINE ASSET MANAGEMENT LLC | Moderate Conviction | Significant Flow | $25,010,820 (0.4%) | 1,694,500 | 17.2% |
| PEAK6 LLC | Moderate Conviction | Significant Flow | $21,437,424 (0.3%) | 1,452,400 | 5.5% |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $20,786,441 (0.3%) | 1,408,295 | -67.4% |
| TWO SIGMA INVESTMENTS, LP | Moderate Conviction | Significant Flow | $19,746,902 (0.3%) | 1,337,866 | -76.8% |
| Bank of New York Mellon Corp | High Conviction | Market Mover | $16,234,654 (0.3%) | 1,099,909 | 50.7% |
| CLEAR STREET GROUP INC. | High Conviction | Significant Flow | $14,982,817 (0.2%) | 1,015,096 | NEW |
| Nuveen, LLC | High Conviction | Market Mover | $14,612,562 (0.2%) | 990,011 | 60.5% |
| FAITHSHARES ADVISORS LLC | Moderate Conviction | Significant Flow | $13,853,721 (0.2%) | 938,599 | -19.7% |
| BIT Capital GmbH | High Conviction | Low Flow | $13,688,321 (0.2%) | 927,393 | -55.4% |
| AZORA CAPITAL LP | High Conviction | Low Flow | $13,144,680 (0.2%) | 890,561 | NEW |
| DLD ASSET MANAGEMENT, LP | Moderate Conviction | Low Flow | $11,058,750 (0.2%) | 750,000 | 10.0% |
| HIGHTOWER ADVISORS, LLC | High Conviction | Significant Flow | $9,915,406 (0.2%) | 671,775 | 35.9% |
| SWISS NATIONAL BANK | High Conviction | Market Mover | $9,155,628 (0.1%) | 620,300 | 44.3% |
| FIRST TRUST ADVISORS LP | High Conviction | Market Mover | $9,042,462 (0.1%) | 612,633 | - |
| WELLINGTON MANAGEMENT GROUP LLP | High Conviction | Market Mover | $8,998,065 (0.1%) | 609,625 | NEW |
| TREXQUANT INVESTMENT LP | High Conviction | Significant Flow | $8,947,970 (0.1%) | 606,231 | 99.0% |
| VOYA INVESTMENT MANAGEMENT LLC | Moderate Conviction | Market Mover | $8,899,291 (0.1%) | 602,933 | 76.7% |
| CASTLEKNIGHT MANAGEMENT LP | High Conviction | Low Flow | $8,546,040 (0.1%) | 579,000 | -20.9% |
| UBS GLOBAL ASSET MANAGEMENT AMERICAS INC | Moderate Conviction | Market Mover | $8,289,866 (0.1%) | 561,644 | 43.9% |
| DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN | High Conviction | Market Mover | $8,219,785 (0.1%) | 556,896 | 16.9% |
| Maridea Wealth Management LLC | High Conviction | Low Flow | $8,002,547 (0.1%) | 542,178 | -21.2% |
| TUDOR INVESTMENT CORP ET AL | Moderate Conviction | Significant Flow | $6,505,677 (0.1%) | 440,764 | -79.8% |
| FORA CAPITAL, LLC | High Conviction | Low Flow | $6,244,823 (0.1%) | 423,091 | 288.7% |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $6,168,676 (0.1%) | 417,932 | -90.4% |
| RHUMBLINE ADVISERS | High Conviction | Market Mover | $5,996,119 (0.1%) | 406,242 | 20.6% |
| DEEPCURRENTS INVESTMENT GROUP LLC | Moderate Conviction | Low Flow | $5,904,000 (0.1%) | 4,000 | NEW |
| TWO SIGMA ADVISERS, LP | High Conviction | Significant Flow | $5,809,536 (0.1%) | 393,600 | -83.3% |
| GROUP ONE TRADING, L.P. | Moderate Conviction | Significant Flow | $5,792,710 (0.1%) | 392,460 | -77.9% |
| WALLEYE TRADING ADVISORS, LLC | Moderate Conviction | Significant Flow | $5,790,009 (0.1%) | 392,277 | -10.3% |
| BREVAN HOWARD CAPITAL MANAGEMENT LP | High Conviction | Significant Flow | $5,760,666 (0.1%) | 390,289 | 293.3% |
| LMR PARTNERS LLP | High Conviction | Significant Flow | $5,691,618 (0.1%) | 385,611 | 82.8% |
| ALLIANCEBERNSTEIN L.P. | High Conviction | Market Mover | $5,472,004 (0.1%) | 370,732 | 49.4% |
| IMC-CHICAGO, LLC | Moderate Conviction | Significant Flow | $5,425,496 (0.1%) | 367,581 | -67.3% |
| CLEARFIELD CAPITAL MANAGEMENT LP | Elite Conviction | Minimal Flow | $5,402,160 (0.1%) | 366,000 | NEW |
| ROYAL BANK OF CANADA | High Conviction | Market Mover | $5,285,000 (0.1%) | 358,104 | -73.1% |
| SIMPLEX TRADING, LLC | Moderate Conviction | Market Mover | $5,135,461 (0.1%) | 347,931 | 1,937,809.8% |
| AMERIPRISE FINANCIAL INC | Moderate Conviction | Market Mover | $4,912,704 (0.1%) | 332,839 | 2,410.2% |
| LEGAL & GENERAL GROUP PLC | High Conviction | Market Mover | $4,878,299 (0.1%) | 330,508 | 30.2% |
| TWO SEAS CAPITAL LP | High Conviction | Low Flow | $4,512,959 (0.1%) | 305,756 | -22.4% |
| ALIGHT CAPITAL MANAGEMENT LP | High Conviction | Minimal Flow | $4,428,000 (0.1%) | 300,000 | 9.9% |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | High Conviction | Market Mover | $4,419,852 (0.1%) | 299,448 | 43.4% |
| Vennlight Capital Management, LP | High Conviction | Minimal Flow | $4,343,750 (0.1%) | 294,292 | 295.7% |
| DEUTSCHE BANK AG\\ | Moderate Conviction | Market Mover | $4,332,429 (0.1%) | 293,525 | 40.0% |
| MAN GROUP PLC | High Conviction | Significant Flow | $4,198,644 (0.1%) | 284,461 | NEW |
| Universal- Beteiligungs- und Servicegesellschaft mbH (CIK 0002057170) | High Conviction | Significant Flow | $4,162,406 (0.1%) | 283,058 | NEW |
| FEDERATED HERMES, INC. | High Conviction | Significant Flow | $4,071,206 (0.1%) | 275,827 | 166.8% |
| WEISS CAPITAL LLC | High Conviction | Moderate Flow | $4,068,461 (0.1%) | 275,641 | -39.6% |
| MONETA GROUP INVESTMENT ADVISORS LLC | Elite Conviction | Moderate Flow | $3,965,557 (0.1%) | 268,669 | 22.6% |
| CENTIVA CAPITAL, LP | Moderate Conviction | Significant Flow | $3,837,600 (0.1%) | 260,000 | -23.8% |
| STATE OF WISCONSIN INVESTMENT BOARD | High Conviction | Significant Flow | $3,005,225 (0.0%) | 203,606 | 157.5% |
| LPL FINANCIAL LLC | High Conviction | Market Mover | $3,004,162 (0.0%) | 203,534 | 172.5% |
| SCHONFELD STRATEGIC ADVISORS LLC | High Conviction | Significant Flow | $2,983,082 (0.0%) | 202,106 | 1,530.5% |
| EMPOWERED FUNDS, LLC | Moderate Conviction | Significant Flow | $2,967,882 (0.0%) | 201,076 | NEW |
| HARVEST PORTFOLIOS GROUP INC. | High Conviction | Moderate Flow | $2,871,838 (0.0%) | 194,569 | -18.2% |
| TORTOISE CAPITAL ADVISORS, L.L.C. | Elite Conviction | Low Flow | $2,822,407 (0.0%) | 191,220 | 54.4% |
| PICTET ASSET MANAGEMENT HOLDING SA | High Conviction | Market Mover | $2,673,006 (0.0%) | 181,098 | 411.2% |
| VGI PARTNERS PTY LTD | High Conviction | Low Flow | $2,656,800 (0.0%) | 180,000 | -11.7% |
| METLIFE INVESTMENT MANAGEMENT, LLC | High Conviction | Significant Flow | $2,645,066 (0.0%) | 179,205 | 34.9% |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 359 | $6.33B | 437,727,717 | $14.45 |
| Q3 25 | 303 | $4.50B | 367,204,008 | $12.26 |
| Q2 25 | 223 | $1.38B | 298,064,403 | $4.62 |
| Q1 25 | 196 | $0.59B | 261,785,564 | $2.26 |
| Q4 24 | 197 | $1.07B | 235,542,385 | $4.54 |
| Q3 24 | 164 | $0.43B | 115,679,269 | $3.69 |
| Q2 24 | 153 | $0.42B | 104,844,334 | $3.96 |
| Q1 24 | 126 | $0.28B | 58,082,417 | $4.77 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.