DEFI DEVELOPMENT CORP
WARRANT
CUSIP: 47100L111
Institutional Holders23
Total Institutional Value$1,651,656
Total Shares Held1,079,229
Avg Position$71,811
Top 5 Holders %82.4%
Alpha-Weighted Score61.8
New Positions+23
Exited Positions-0
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| NOMURA HOLDINGS INC | Moderate Conviction | Significant Flow | $654,406 (39.6%) | 430,530 | NEW |
| Pantera Capital Partners LP (CIK 0002067181) | High Conviction | Minimal Flow | $378,790 (22.9%) | 244,381 | NEW |
| POLAR SECURITIES INC. | High Conviction | Moderate Flow | $150,718 (9.1%) | 99,999 | NEW |
| WEISS CAPITAL LLC | High Conviction | Moderate Flow | $91,197 (5.5%) | 59,998 | NEW |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $86,146 (5.2%) | 55,578 | NEW |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Moderate Conviction | Market Mover | $63,191 (3.8%) | 41,573 | NEW |
| JANE STREET GROUP, LLC | Moderate Conviction | Market Mover | $61,147 (3.7%) | 39,450 | NEW |
| GROUP ONE TRADING, L.P. | Moderate Conviction | Significant Flow | $35,957 (2.2%) | 23,198 | NEW |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $30,447 (1.8%) | 19,643 | NEW |
| Jain Global LLC | High Conviction | Significant Flow | $23,019 (1.4%) | 15,144 | NEW |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $22,019 (1.3%) | 14,486 | NEW |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $19,962 (1.2%) | 12,879 | NEW |
| UBS Group AG | Moderate Conviction | Market Mover | $16,576 (1.0%) | 10,694 | NEW |
| WOLVERINE ASSET MANAGEMENT LLC | Moderate Conviction | Significant Flow | $15,374 (0.9%) | 9,919 | NEW |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $913 (0.1%) | 589 | NEW |
| BNP PARIBAS FINANCIAL MARKETS | Moderate Conviction | Market Mover | $775 (0.0%) | 500 | NEW |
| CITIGROUP INC | Moderate Conviction | Market Mover | $699 (0.0%) | 460 | NEW |
| NEWEDGE ADVISORS, LLC | High Conviction | Significant Flow | $197 (0.0%) | 126 | NEW |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $95 (0.0%) | 61 | NEW |
| JONES FINANCIAL COS LP | Elite Conviction | Market Mover | $22 (0.0%) | 14 | NEW |
| DEN DANSKE BANK AKTIESELSKAB /FI | Moderate Conviction | Significant Flow | $3 (0.0%) | 2 | NEW |
| RND RESOURCES INC | High Conviction | Moderate Flow | $3 (0.0%) | 2 | NEW |
| CWM, LLC | Moderate Conviction | Low Flow | $0 (0.0%) | 3 | NEW |
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 | 22 | $0.00B | 1,079,226 | $1.53 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.