$BDCI

$10.17 +$0.01 (0.1%) Close

$BDCI Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 4.2M shares outstanding

Who owns BDCI?

By type of holder

Institutions 100.0% Insiders 0.0% Everyone else 0.0%

Concentration Top 10 holders own 741.5%

Kirkwood Jonathan 122.4% · Young Bracebridge H Jr 122.4%

Institutional ownership

100.0%

0 pts vs last qtr

Institutional holders

-25 vs last qtr

Net shares bought

−24.1M

by institutions in Q2 2026

New / sold out

3 / 28

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Wolverine Asset Management LLC +784.7K
Meteora Capital, LLC +466.2K

Biggest sellers in Q2 2026

Fort Baker Capital Management LP SOLD OUT −2.7M
Highbridge Capital Management LLC −2.0M

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for BTC Development Corp. in the last 12 months.

Is your stake being diluted?

There are not yet two fiscal years of reported share counts for BTC Development Corp..

How patient are the owners?

Institutional shares by how long they've been held

5+ years0% 3–5 years0% 1–3 years66% Under 1 year34%

Quarterly turnover

28.7%

of institutional shares changed hands

Top 10 managers, median time held

1 year

Super Investors

Investment managers reporting BDCI on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
FB Fort Baker Capital Management LP	—	—	SOLD OUT	—	0.0%
Shares held by quarter Peak holding2.7M (Q1'26) Change over 8 quarters0 Fort Baker Capital Management LP's full portfolio →
TC TENOR CAPITAL MANAGEMENT Co., L.P.	1.1M	26.99%	−1.5M (−57.1%)	2025	0.2%
Shares held by quarter Peak holding2.6M (Q3'25) Change over 8 quarters+1.1M Share of the company26.990% TENOR CAPITAL MANAGEMENT Co., L.P.'s full portfolio →

Fort Baker Capital Management LP

—

% of company

—

Change vs last qtr

SOLD OUT

Held since

—

TENOR CAPITAL MANAGEMENT Co., L.P.

1.1M

% of company

26.99%

Change vs last qtr

−1.5M (−57.1%)

Held since

2025

28 more super investors behind a free account

See every manager holding BTC Development Corp., how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting BDCI on Form N-PORT; together they hold 22.0% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
FT First Trust Merger Arbitrage Fund Investment Managers Series Trust II	$6.4M	635.9K	15.26%	0.39%	June 30, 2026
FT First Trust Multi-Strategy Fund Investment Managers Series Trust II	$992K	98.6K	2.36%	0.07%	June 30, 2026

First Trust Merger Arbitrage Fund

Investment Managers Series Trust II

Position value

$6.4M

% of company

15.26%

% of the fund

0.39%

As of

June 30, 2026

First Trust Multi-Strategy Fund

Investment Managers Series Trust II

Position value

$992K

% of company

2.36%

% of the fund

0.07%

As of

June 30, 2026

5 more funds behind a free account

See every fund holding BTC Development Corp. and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
KJ Kirkwood Jonathan 5%+ holder 13D · 14.7%	5.1M	122.43%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company122.430% Disclosed stake13D · 14.7% View the 13D/G filing →
YB Young Bracebridge H Jr 5%+ holder 13D · 14.7%	5.1M	122.43%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company122.430% Disclosed stake13D · 14.7% View the 13D/G filing →

Kirkwood Jonathan

5%+ holder13D · 14.7%

5.1M

% of company

122.43%

Change vs last qtr

—

Held since

—

Young Bracebridge H Jr

5%+ holder13D · 14.7%

5.1M

% of company

122.43%

Change vs last qtr

—

Held since

—

3 more holders behind a free account

See every insider and 5%+ holder of BTC Development Corp..

Comments