TERAWULF INC. - Common Stock, $0.001 par value per share (WULF) Institutional Ownership

13F Institutional Holders and Ownership History from Q4 2021 to Q4 2025

Type / Class
Equity / Common Stock, $0.001 par value per share
Symbol
WULF on Nasdaq
Shares outstanding
420,898,714
Price per share
$14.54
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
294,134,832
Total reported value
$3,380,977,870
% of total 13F portfolios
0.01%
Share change
+25,284,043
Value change
+$291,049,568
Number of holders
401
Price from insider filings
$14.54
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of TERAWULF INC. - Common Stock, $0.001 par value per share (WULF) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
VANGUARD GROUP INC 8% $386,558,173 33,643,009 The Vanguard Group 31 Dec 2025
Stammtisch Investments LLC 7% $78,795,850 26,984,880 Paul B. Prager 30 Dec 2024
Citadel Securities GP LLC 5.4% $266,301,792 22,799,811 Kenneth Griffin 01 Dec 2025
Bayshore Capital LLC 4.9% $102,387,707 20,076,021 Bryan J. Pascual 28 Aug 2025
Revolve Capital LLC 4.9% $72,712,822 18,985,071 REVOLVE CAPITAL LLC 05 Jun 2025
JANE STREET GROUP, LLC 4.2% -18% $203,117,302 -$35,175,337 17,677,746 -15% JANE STREET GROUP, LLC 31 Dec 2025

As of 31 Dec 2025, 401 institutional investors reported holding 294,134,832 shares of TERAWULF INC. - Common Stock, $0.001 par value per share (WULF). This represents 70% of the company’s total 420,898,714 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of TERAWULF INC. - Common Stock, $0.001 par value per share (WULF) together control 46% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VANGUARD GROUP INC 8% 33,643,009 +37% 0.01% $386,558,173
BlackRock, Inc. 6.6% 27,897,829 +7.3% 0.01% $320,546,057
D. E. Shaw & Co., Inc. 3.7% 15,474,258 +17% 0.14% $177,799,224
MORGAN STANLEY 2.3% 9,641,209 +8.1% 0.01% $110,777,504
GEODE CAPITAL MANAGEMENT, LLC 2% 8,377,589 +4% 0.01% $96,273,610
JANE STREET GROUP, LLC 1.9% 8,205,046 -1.6% 0.11% $94,275,979
CITADEL ADVISORS LLC 1.8% 7,621,915 +148% 0.06% $87,575,803
STATE STREET CORP 1.7% 7,349,508 +4.2% 0% $84,445,847
Point72 Asset Management, L.P. 1.5% 6,374,256 +2843% 0.11% $73,240,201
FMR LLC 1.5% 6,367,776 +124% 0% $73,165,750
SCOGGIN MANAGEMENT LP 1.5% 6,325,000 -7.7% 27% $72,674,250
VOLORIDGE INVESTMENT MANAGEMENT, LLC 1.5% 6,206,294 +2.7% 0.25% $71,310,318
Driehaus Capital Management LLC 1.4% 5,864,195 -35% 0.46% $67,379,601
BANK OF AMERICA CORP /DE/ 1.3% 5,289,274 -13% 0% $60,773,760
WELLINGTON MANAGEMENT GROUP LLP 1.1% 4,544,242 +16% 0.01% $52,213,342
Two Seas Capital LP 1.1% 4,502,794 +17% 3% $51,737,103
TWO SIGMA INVESTMENTS, LP 0.94% 3,956,129 -54% 0.07% $45,455,922
Invesco Ltd. 0.85% 3,575,310 +150% 0.01% $41,080,312
UBS Group AG 0.82% 3,471,510 +28% 0.01% $39,887,650
MARSHALL WACE, LLP 0.76% 3,186,200 +574% 0.04% $36,609,439
NOMURA HOLDINGS INC 0.71% 2,998,941 +22% 0.26% $34,457,832
Hodges Capital Management Inc. 0.68% 2,866,544 -24% 2.8% $32,936,591
SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.68% 2,848,703 +429% 0.04% $32,731,597
Squarepoint Ops LLC 0.67% 2,806,968 +412% 0.07% $32,252,062
Tidal Investments LLC 0.66% 2,766,336 -9.4% 0.13% $31,785,201

Institutional Holders of TERAWULF INC. - Common Stock, $0.001 par value per share (WULF) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 294,134,832 $3,380,977,870 +$291,049,568 $11.49 401
2025 Q3 267,862,447 $3,059,519,258 +$727,922,885 $11.42 326
2025 Q2 212,192,787 $930,091,382 +$120,977,363 $4.38 272
2025 Q1 190,031,683 $518,832,038 -$75,275,517 $2.73 268
2024 Q4 187,660,894 $1,061,946,304 +$82,450,439 $5.66 259
2024 Q3 163,963,444 $767,273,371 -$22,719,590 $4.68 216
2024 Q2 170,729,448 $760,372,313 +$437,335,352 $4.45 202
2024 Q1 69,447,467 $182,618,501 +$14,599,201 $2.63 130
2023 Q4 64,370,232 $154,474,234 +$45,461,988 $2.40 107
2023 Q3 46,776,010 $58,937,974 +$17,126,670 $1.26 97
2023 Q2 31,803,832 $55,657,074 +$14,701,771 $1.75 71
2023 Q1 24,590,617 $23,072,478 +$11,597,211 $0.94 71
2022 Q4 12,272,336 $8,171,538 +$1,443,941 $0.67 54
2022 Q3 9,238,363 $11,637,008 -$370,989 $1.26 56
2022 Q2 9,562,782 $11,477,960 +$1,668,022 $1.20 62
2022 Q1 6,557,851 $55,087,720 +$23,733,909 $8.40 49
2021 Q4 2,828,352 $41,993,040 +$41,978,040 $15.05 23