BIT Capital GmbH

Fundamental diversified ★Signal CIK 2053305
League rank
#2
in Fundamental diversified · #22 overall
Long book
$1.79B
Q1 2026
Positions
76
Top-10 weight
66%
concentration
Last quarter
+59.0%
SPY +14.8%
Turnover
52%
of book per quarter

Strategy in plain words

auto-generated from filings

BIT Capital GmbH is a diversified fundamental manager, running a $1.79B US long book across 76 positions.

The portfolio is concentrated: the top 10 names carry 66% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: IREN LTD, AMAZON.COM INC, ALPHABET INC-CL A, TAIWAN SEMICONDUCTOR-SP ADR, MICRON TECHNOLOGY INC.

Over the last 9 quarters its long book ran on average 13.7pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+9.9%
Q2 2024
+1.9%
Q3 2024
+17.1%
Q4 2024
-12.9%
Q1 2025
+53.1%
Q2 2025
+55.7%
Q3 2025
-7.2%
Q4 2025
-12.6%
Q1 2026
+59.0%

Sector allocation

Technology
42%
Financials
39%
Consumer discretionary
10%
Materials
5%
Industrials
2%
Healthcare
1%
Other
1%
Services media
0%

Long book by quarter

$1.13B
Q1 2024
$1.10B
Q2 2024
$1.04B
Q3 2024
$1.14B
Q4 2024
$830.4M
Q1 2025
$1.53B
Q2 2025
$2.19B
Q3 2025
$2.29B
Q4 2025
$1.79B
Q1 2026

What does BIT Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
IREN IREN LTDFinancials6.5M$223.7M12.5%-6.0%
AMZN AMAZON.COM INCConsumer discretionary776.6K$161.8M9.0%+526.4%
GOOGL ALPHABET INC-CL ATechnology472.1K$135.8M7.6%+3.1%
MU MICRON TECHNOLOGY INCTechnology306.8K$103.7M5.8%-25.3%
AMD ADVANCED MICRO DEVICESTechnology457.3K$93.0M5.2%+485.7%
HNGE HINGE HEALTH INC-ATechnology2.3M$89.1M5.0%-30.3%
HUT HUT 8 CORPFinancials1.9M$88.7M4.9%-9.5%
NVDA NVIDIA CORPTechnology491.0K$85.6M4.8%+28.7%
FIGR FIGURE TECHNOLOGY SOLUT-CL AFinancials2.5M$84.9M4.7%+851.5%
OSCR OSCAR HEALTH INC - CLASS AFinancials6.3M$72.5M4.0%+2.2%
INTC INTEL CORPTechnology1.5M$66.1M3.7%+135.0%
FCX FREEPORT-MCMORAN INCMaterials940.3K$55.3M3.1%New
LMND LEMONADE INCFinancials583.8K$36.6M2.0%-68.0%
WULF TERAWULF INCFinancials2.5M$35.4M2.0%+112.0%
BE BLOOM ENERGY CORP- AIndustrials254.1K$34.4M1.9%New
RUN SUNRUN INCTechnology2.3M$31.0M1.7%New
TSEM TOWER SEMICONDUCTOR LTDTechnology153.7K$27.0M1.5%New
BMNR BITMINE IMMERSION TECHNOLOGIFinancials1.0M$20.5M1.1%+191.6%
ALB ALBEMARLE CORPMaterials95.6K$17.2M1.0%+696.4%
LITE LUMENTUM HOLDINGS INCTechnology20.4K$14.4M0.8%-4.6%
MSTR STRATEGY INCFinancials106.3K$13.3M0.7%New
1B2 BITFARMS LTD/CANADA5.7M$11.2M0.6%+35.0%
RIOT RIOT PLATFORMS INCFinancials813.8K$10.1M0.6%-2.8%
APLD APPLIED DIGITAL CORPTechnology396.1K$9.4M0.5%-7.0%
PCSC PERCEPTIVE CAPITAL SOLUTIONSHealthcare740.3K$8.1M0.5%Held
COIN COINBASE GLOBAL INC -CLASS AFinancials44.2K$7.7M0.4%-17.1%
CIFR CIPHER DIGITAL INCFinancials597.8K$7.7M0.4%-35.5%
HOOD ROBINHOOD MARKETS INC - AFinancials87.2K$6.0M0.3%-89.6%
DFTX DEFINIUM THERAPEUTICS INCMaterials277.5K$5.2M0.3%New
GRND GRINDR INCTechnology417.8K$5.1M0.3%-68.0%
BTDR BITDEER TECHNOLOGIES GROUP-AFinancials561.4K$4.9M0.3%+263.9%
GLXY GALAXY DIGITAL INC-AFinancials230.8K$4.3M0.2%-2.1%
META META PLATFORMS INC-CLASS ATechnology6.9K$4.0M0.2%-92.7%
AEM AGNICO EAGLE MINES LTDMaterials19.0K$3.9M0.2%New
NAVN NAVAN INC-CL ATechnology229.8K$3.0M0.2%New
AFRM AFFIRM HOLDINGS INCFinancials52.2K$2.4M0.1%+260.4%
CRCL CIRCLE INTERNET GROUP INCFinancials23.7K$2.3M0.1%-2.0%
NKTR NEKTAR THERAPEUTICSHealthcare21.1K$1.5M0.1%Held
JPM JPMORGAN CHASE & COFinancials5.1K$1.5M0.1%-15.9%
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials74.7K$1.1M0.1%-19.3%
NEM NEWMONT CORPMaterials9.7K$1.1M0.1%New
DNTH DIANTHUS THERAPEUTICS INCHealthcare12.0K$1.0M0.1%-20.0%
AVGO BROADCOM INCTechnology3.2K$977K0.1%-91.8%
AXON AXON ENTERPRISE INCIndustrials1.9K$819K0.0%-92.9%
NFLX NETFLIX INCServices media6.9K$667K0.0%-9.2%
SPOT SPOTIFY TECHNOLOGY SACommunications1.4K$665K0.0%New
ATAI ATAIBECKLEY INCHealthcare182.6K$646K0.0%New
RVMD REVOLUTION MEDICINES INCHealthcare5.7K$554K0.0%-69.0%
TRVI TREVI THERAPEUTICS INCHealthcare45.0K$537K0.0%-65.4%
BAP CREDICORP LTDFinancials1.4K$491K0.0%-91.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 202692$2.07B canonicalSEC ↗
Q4 202513F-HRFeb 11, 2026109$2.72B canonicalSEC ↗
Q3 202513F-HRNov 10, 2025111$2.92B canonicalSEC ↗
Q2 202513F-HRAug 8, 202592$1.73B canonicalSEC ↗
Q1 202513F-HRMay 9, 2025116$1.17B canonicalSEC ↗
Q4 202413F-HRFeb 12, 2025113$1.26B canonicalSEC ↗
Q3 202413F-HRFeb 12, 2025109$1.08B canonicalSEC ↗
Q2 202413F-HRFeb 12, 2025102$1.28B canonicalSEC ↗
Q1 202413F-HRFeb 12, 2025108$1.35B canonicalSEC ↗