Paul Tudor Jones disclosed that his June 30 filing showed 688,529 direct shares of BlackRock’s iShares Bitcoin Trust (IBIT), up 18.9% from the prior quarter, while his reported call equivalents fell 85% to 148,000. The quarterly Form 13F filing, released on August 14, 2026, listed the fund’s holdings as of June 30 and included three categories: direct IBIT shares, call equivalents, and put equivalents. Direct share holdings rose from 579,083 at the end of March to 688,529 at the end of June, a change of 109,446 shares. Call equivalents declined from 998,000 to 148,000, a drop of 85.2%, while put equivalents fell slightly from 725,000 to 715,000, a decline of 1.4%. At June 30, the filing valued the direct shares at $22.9 million, the call equivalents at $4.93 million, and the put equivalents at $23.8 million, based on the market price of IBIT. The ratio of put to call equivalents was about 4.8 to 1 at June 30, compared with a ratio of 1.4 to 1 three months earlier. The filing does not disclose the fund’s net Bitcoin exposure or the purpose of the position changes. The filing captures holdings only through June 30, and no further information about Tudor Investment’s Bitcoin strategy is provided, leaving its intent unresolved.