BlockBeats News, May 17: Sovereign wealth funds, universities, and banks have successively disclosed their 13F holdings reports for the first quarter of 2026. Regarding sovereign wealth funds, Abu Dhabi's sovereign wealth fund Mubadala increased its position in BlackRock's iShares Bitcoin Trust ETF, with the number of shares held rising from 12,702,323 to 14,721,917, adding a position of over $90 million, with a total position value of nearly $660 million. ADIC, under Mubadala, maintained its IBIT position unchanged, holding 8,218,712 IBIT shares worth $315.8 million.

Reports from several university endowment funds indicated that their cryptocurrency ETF holdings remained relatively stable. Harvard University's endowment fund reported holding 3,044,612 IBIT shares worth about $117 million. This marked a 43% decrease from the 5.35 million IBIT shares held at the end of 2025, following a prior 21% reduction in the fourth quarter. IBIT is no longer its largest holding (overtaken by TSMC, Alphabet, Microsoft, and SPDR Gold Trust). Harvard University also completely divested its position in BlackRock's Ethereum Spot ETF worth $86.8 million that it acquired in the previous quarter.

Meanwhile, Brown University maintained its 212,500 IBIT shares, and Emory University consolidated its two Bitcoin funds into one. The university divested its 4,450 IBIT shares and increased its holdings of Grayscale Bitcoin Mini Trust from slightly above 1 million shares to 1,354,148 shares.

Traditional financial institutions have also actively rebalanced their positions and hedged their risks. Royal Bank of Canada (RBC) increased its direct holdings of IBIT and expanded its use of put and call options for hedging purposes. Canadian Imperial Bank of Commerce increased its IBIT holdings by 214,370 shares after divesting its Trump-related U.S. Bitcoin stocks. Barclays Bank disclosed its IBIT positions, including approximately 4.46 million spot shares and a large number of put and call options related to the ETF. Hong Kong-based Laurore reduced its IBIT holdings from 8,786,279 shares to 6,846,279 shares.