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

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

Type / Class
Equity / Common Stock, par value $0.001 per share (the "Shares")
Symbol
WULF on Nasdaq
Shares outstanding
422,218,722
Price per share
$11.49
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
267,849,442
Total reported value
$3,059,385,749
% of total 13F portfolios
0.01%
Share change
+55,830,967
Value change
+$727,868,948
Number of holders
325
Price from insider filings
$11.49
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

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

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
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
JANE STREET GROUP, LLC 5.1% $236,840,899 20,739,133 JANE STREET GROUP, LLC 04 Nov 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

As of 30 Sep 2025, 325 institutional investors reported holding 267,849,442 shares of TERAWULF INC. - Common Stock, par value $0.001 per share (the "Shares") (WULF). This represents 63% of the company’s total 422,218,722 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of TERAWULF INC. - Common Stock, par value $0.001 per share (the "Shares") (WULF) together control 44% 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
BlackRock, Inc. 6.2% 26,007,649 +5.2% 0.01% $297,007,353
VANGUARD GROUP INC 5.8% 24,480,051 +2.8% 0% $279,562,183
D. E. Shaw & Co., Inc. 3.1% 13,175,589 0.12% $150,465,226
Driehaus Capital Management LLC 2.1% 9,006,964 +169% 0.74% $102,859,529
MORGAN STANLEY 2.1% 8,916,923 +8.3% 0.01% $101,831,273
TWO SIGMA INVESTMENTS, LP 2.1% 8,686,120 +56% 0.15% $99,195,490
JANE STREET GROUP, LLC 2% 8,340,790 +62% 0.11% $95,251,822
GEODE CAPITAL MANAGEMENT, LLC 1.9% 8,058,747 -3.3% 0.01% $92,043,345
TWO SIGMA ADVISERS, LP 1.9% 7,907,600 +1150% 0.18% $90,304,792
STATE STREET CORP 1.7% 7,050,863 -4.1% 0% $80,520,855
SCOGGIN MANAGEMENT LP 1.6% 6,850,000 +30% 30% $78,227,000
BANK OF AMERICA CORP /DE/ 1.4% 6,064,947 -58% 0.01% $69,261,694
VOLORIDGE INVESTMENT MANAGEMENT, LLC 1.4% 6,042,526 0.23% $69,005,647
JPMORGAN CHASE & CO 1.1% 4,478,088 +380% 0% $51,139,766
PRICE T ROWE ASSOCIATES INC /MD/ 0.96% 4,053,887 +1512% 0% $46,297,000
MILLENNIUM MANAGEMENT LLC 0.95% 4,016,701 -9.6% 0.04% $45,870,725
GOLDMAN SACHS GROUP INC 0.93% 3,944,083 -14% 0.01% $45,041,428
WELLINGTON MANAGEMENT GROUP LLP 0.92% 3,901,878 +36193% 0.01% $44,559,447
Two Seas Capital LP 0.91% 3,851,188 +68% 2.6% $43,980,567
CITIGROUP INC 0.9% 3,789,979 +3053% 0.03% $43,281,560
Hodges Capital Management Inc. 0.9% 3,785,713 -6.8% 3.7% $43,232,842
P SCHOENFELD ASSET MANAGEMENT LP 0.83% 3,510,574 11% $40,090,755
CITADEL ADVISORS LLC 0.73% 3,075,871 +37% 0.03% $35,126,447
Tidal Investments LLC 0.72% 3,052,914 +14% 0.15% $34,864,278
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.7% 2,976,023 +12% 0.05% $33,988,609

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

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 2,608,768 $31,318,825 -$1,147,335 $11.49 20
2025 Q3 267,849,442 $3,059,385,749 +$727,868,948 $11.42 325
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