Who owns TeraWulf (WULF)?
160 holders named in SEC filings declare between 88.4% and 108.3% of TeraWulf's shares outstanding, as of Sep 30, 2026. The largest are Vanguard (8.6%), Google LLC (8.2%) and Paul B. Prager (8.1%); the five largest hold 38.6% together. Another 347 institutions hold small positions worth 3.3%. From Mar 31, 2026 to Jun 30, 2026, institutions that filed both quarters bought 23.8% and sold 8.9% of the shares, a net purchase of 14.9%; 115 opened a position, 171 added, 136 reduced and 63 sold out. Biggest buyers: Fidelity (FMR) (+9.7M shares) and Morgan Stanley (+6.0M shares). Biggest sellers: Marshall Wace (-8.0M) and BlackRock (-4.7M). Schedule 13D/G filings since Mar 31, 2026: Google LLC crossed 5% (8.2%) on Sep 11, 2026, BANK OF NOVA SCOTIA raised its stake to 8.0% on Jun 30, 2026, BlackRock, Inc. fell below 5% (4.5% still declared) on Jun 30, 2026 and JANE STREET GROUP, LLC fell below 5% (4.0% still declared) on Jun 30, 2026. Directors and officers, from their latest Form 4: Paul B. Prager (8.1%), Nazar M. Khan (5.6%) and Kerri M. Langlais (1.1%). Over time, 491 managers declared TeraWulf in their 13F for Q2 2026, against 24 for Q4 2021: together at most 80.0% of the shares outstanding, against 0.57%.
| Holder | Filing | Share of capital | As of | Holding since (13F) |
|---|---|---|---|---|
| Vanguard | 13F | 8.6% | Jun 30, 2026 | Q4 2021 |
| Google LLC | 13G | 8.2% | Sep 11, 2026 | — |
| Paul B. Prager | Form 4 | 8.1% | Aug 27, 2026 | — |
| BANK OF NOVA SCOTIA | 13G | 8.0% | Jun 30, 2026 | — |
| Nazar M. Khan | Form 4 | 5.6% | Sep 29, 2026 | — |
| Lone Pine Capital LLC | 13F | 4.8% | Jun 30, 2026 | Q1 2026 |
| BlackRock | 13F | 4.7% | Jun 30, 2026 | Q4 2021 |
| Fidelity (FMR) | 13F | 2.9% | Jun 30, 2026 | Q2 2022 |
| Value Aligned Research Advisors, LLC | 13F | 2.5% | Jun 30, 2026 | Q1 2026 |
| Morgan Stanley | 13F | 2.4% | Jun 30, 2026 | Q4 2021 |
| Two Sigma | 13F | 2.3% | Jun 30, 2026 | Q4 2023 |
| Geode Capital | 13F | 1.6% | Jun 30, 2026 | Q4 2021 |
| SCOGGIN MANAGEMENT LP | 13F | 1.6% | Jun 30, 2026 | Q1 2024 |
| Invesco | 13F | 1.4% | Jun 30, 2026 | Q1 2022 |
| Citadel | 13F | 1.4% | Jun 30, 2026 | Q3 2023 |
| State Street | 13F | 1.4% | Jun 30, 2026 | Q1 2022 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | 13F | 1.4% | Jun 30, 2026 | Q3 2025 |
| T. Rowe Price | 13F | 1.3% | Jun 30, 2026 | Q1 2023 |
| Driehaus Capital Management LLC | 13F | 1.2% | Jun 30, 2026 | Q2 2025 |
| Squarepoint Ops LLC | 13F | 1.2% | Jun 30, 2026 | Q4 2023 |
| Bank of America | 13F | 1.1% | Jun 30, 2026 | Q4 2021 |
| NOMURA HOLDINGS INC | 13F | 1.1% | Jun 30, 2026 | Q2 2024 |
| Kerri M. Langlais | Form 4 | 1.1% | Aug 3, 2026 | — |
| Point72 | 13F | 1.0% | Jun 30, 2026 | Q2 2024 |
| Norges Bank | 13F | 0.97% | Jun 30, 2026 | Q4 2025 |
TeraWulf institutional ownership over time
| Quarter | 13F managers | Share of the company (upper bound) | Value declared | Held by stock pickers |
|---|---|---|---|---|
| Q4 2021 | 24 | 0.57% | $42.0M | 94.7% |
| Q4 2022 | 56 | 9.6% | $8.2M | 40.8% |
| Q4 2023 | 108 | 27.1% | $154.7M | 31.7% |
| Q4 2024 | 261 | 49.0% | $1.1B | 50.4% |
| Q4 2025 | 406 | 70.4% | $3.4B | 54.4% |
| Q2 2026 | 491 | 80.0% | $9.8B | 63.6% |
From SEC Form 13F, every quarter since the end of 2019, read like the current quarter: entities of a house summed, a value contradicting its share count set aside. The share of the company is an upper bound — two managers can declare the same shares — over the shares outstanding at that date.