ParaFi Capital LP: ISHARES BITCOIN TRUST ETF (IBIT): Quarterly 13F Position History
As of Q1 2026, ParaFi Capital LP reported 1,461,145 shares of ISHARES BITCOIN TRUST ETF (IBIT), worth $56.1M and representing 17.6% of its 13F equity book. Quarter-over-quarter share count change: 13,901 (-0.9%) . The position first appeared in Q4 2024 and has been disclosed across 6 13F-HR filings in Pactolio's tracked window.
- 1,461,145Shares Held (Latest Filing)
- $56.1MReported Market Value (Latest Filing)
- 17.6%Portfolio Weight (% of 13F Equity Book)
- 13,901Quarter-over-Quarter Share Change
- -$17.1MQuarter-over-Quarter Value Change
- 1,887,501Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 6 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,461,145 | 13,901 | -0.9% | $56.1M | 17.6% | $38.4 |
| Q4 2025 | 1,475,046 | +46 | +0.0% | $73.2M | 20.5% | $49.6 |
| Q3 2025 | 1,475,000 | 400,003 | -21.3% | $95.9M | 20.8% | $65.0 |
| Q2 2025 | 1,875,003 | 12,498 | -0.7% | $114.8M | 21.0% | $61.2 |
| Q1 2025 | 1,887,501 | 0 | — | $88.4M | 43.1% | $46.8 |
| Q4 2024 | 1,887,501 | — | — | $100.1M | 24.0% | $53.0 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did ParaFi Capital LP first disclose a IBIT position in 13F-HR filings?
ParaFi Capital LP first reported ISHARES BITCOIN TRUST ETF (IBIT) on its 13F-HR filing for the period ending 2024-12-31 (Q4 2024). The position has appeared on 6 reported quarters within Pactolio's tracked window.
What was ParaFi Capital LP's most recent quarter-over-quarter share-count change in IBIT?
Between Q4 2025 and Q1 2026, ParaFi Capital LP reduced its IBIT position by 13,901 shares (-0.9%), leaving 1,461,145 shares at a market value of $56.1M.
Does the implied price-per-share represent ParaFi Capital LP's cost basis in IBIT?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.