Grayscale Bitcoin Trust ETFGBTCETF
13F holders, Q1 2025 (March 31)713holders −43
42new positions
79sold out
3famous investors
$63.31avg. 13F price*
At the end of Q1 2025, 713 institutions reported holding Grayscale Bitcoin Trust ETF (GBTC) in their 13F filings, down 43 from Q4 2024. 42 opened new positions and 79 sold out. The largest holders were Horizon Kinetics Asset Management LLC ($957.8M), Multicoin Capital Management, LLC ($86.1M) and LPL Financial LLC ($69.2M). 3 famous investors held it, including Israel Englander (0.0% of Millennium Management's portfolio), Ken Griffin (0.0% of Citadel Advisors's portfolio) and Cathie Wood (0.0% of ARK Investment Management's portfolio).
- Company
- Grayscale Bitcoin Trust ETF
- CUSIP
- 389637109
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 42 | $27.2M |
| Exits | 79 | $64.9M |
All 13F filers, Q4 2024 → Q1 2025: 2,581,373 shares bought and 2,288,956 shares sold, net +292,417 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 713 holders
| Horizon Kinetics Asset Management LLC | 11.01% | Reduce -3.1% | 14,696,513 | $957.8M |
| Multicoin Capital Management, LLC | 89.93% | No change | 1,321,808 | $86.1M |
| LPL Financial LLC | 0.03% | Reduce -5.3% | 1,062,605 | $69.2M |
| HighTower Advisors, LLC | 0.06% | Reduce -0.4% | 666,447 | $43.4M |
| Greenwich Wealth Management LLC | 2.93% | Reduce -0.4% | 640,920 | $38.7M |
| Wealthfront Advisers LLC | 0.07% | Reduce -4.5% | 422,635 | $27.5M |
| EagleClaw Capital Managment, LLC | 4.09% | Reduce -1.1% | 399,086 | $26.0M |
| Mad River Investors | 10.28% | Reduce -3.5% | 372,481 | $24.3M |
| DRW Securities, LLC | 2.05% | Add +849.0% | 370,589 | $24.2M |
| Moors & Cabot, Inc. | 1.09% | Reduce -9.5% | 328,095 | $21.4M |
| Jane Street Group, LLC | 0.04% | Add +57.8% | 320,223 | $20.9M |
| Cresset Asset Management, LLC | 0.10% | Add +27.0% | 299,976 | $19.5M |
| Beaumont Financial Advisors, LLC | 1.52% | Reduce -11.3% | 298,045 | $19.4M |
| One Charles Private Wealth Services, LLC | 6.18% | Reduce -0.6% | 292,881 | $19.1M |
| TB Alternative Assets Ltd. | 4.39% | Add +942.4% | 290,203 | $18.9M |
| Kingswood Wealth Advisors, LLC | 1.70% | Add +0.5% | 286,374 | $18.7M |
| Cambridge Investment Research Advisors, Inc. | 0.06% | Reduce -2.6% | 272,556 | $17.8M |
| Commonwealth Equity Services, LLC | 0.02% | Add +3.1% | 256,572 | $16.7M |
| Focus Partners Wealth | 0.04% | Reduce -3.8% | 233,574 | $15.2M |
| Wealth Enhancement Advisory Services, LLC | 0.03% | Reduce -7.4% | 204,765 | $13.3M |
| Mariner, LLC | 0.02% | Add +6.3% | 165,888 | $10.8M |
| Aristides Capital LLC | 3.99% | No change | 164,931 | $10.7M |
| Atlas Wealth Partners, LLC | 12.28% | Add +0.2% | 152,868 | $10.0M |
| RBF Capital, LLC | 0.62% | No change | 150,000 | $9.8M |
| Kestra Advisory Services, LLC | 0.05% | Reduce -9.4% | 149,611 | $9.8M |
| Foundations Investment Advisors, LLC | 0.17% | Add +0.4% | 144,456 | $9.4M |
| SLT Holdings LLC | 8.92% | No change | 137,838 | $9.0M |
| Lido Advisors, LLC | 0.05% | Add +1.8% | 136,509 | $8.9M |
| Sloy Dahl & Holst, LLC | 1.54% | Reduce -0.6% | 135,466 | $8.8M |
| Pasadena Private Wealth, LLC | 1.67% | Reduce -1.8% | 132,585 | $8.6M |
| Brookstone Capital Management | 0.12% | Reduce -1.6% | 126,201 | $8.2M |
| Fielder Capital Group LLC | 2.36% | Reduce -0.2% | 125,475 | $8.2M |
| Sequoia Financial Advisors, LLC | 0.06% | Add +8.0% | 125,277 | $8.2M |
| Lakewood Capital Management, LP | 0.72% | No change | 123,500 | $8.0M |
| Virtu Financial LLC | 0.40% | Add +33.6% | 112,767 | $7.3M |
| Fiduciary Alliance LLC | 0.71% | Add +7.3% | 111,303 | $7.3M |
| Birch Hill Investment Advisors LLC | 0.34% | No change | 110,970 | $7.2M |
| Blair William & Co. | 0.02% | Reduce -1.2% | 108,066 | $7.0M |
| Once Capital Management, LLC | 3.21% | No change | 107,700 | $7.0M |
| IMC-Chicago, LLC | 0.27% | New | 106,821 | $7.0M |
| Claro Advisors Inc. | 0.91% | Reduce -2.0% | 104,669 | $6.8M |
| Citrine Capital LLC | 4.23% | Reduce -0.6% | 103,658 | $6.8M |
| Larson Financial Group LLC | 0.32% | Reduce -3.1% | 102,674 | $6.7M |
| Millennium Management | 0.01% | Reduce -39.8% | 100,000 | $6.5M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -2.1% | 99,491 | $6.5M |
| Variant Private Wealth, LLC | 6.92% | Add +2.9% | 98,870 | $6.4M |
| Red Door Wealth Management, LLC | 0.94% | No change | 97,841 | $6.4M |
| Traphagen Investment Advisors LLC | 0.63% | Reduce -2.4% | 92,986 | $6.1M |
| Blue Square Asset Management, LLC | 3.25% | Reduce -5.2% | 92,800 | $6.0M |
| Creative Planning | 0.01% | Add +12.1% | 88,403 | $5.8M |
| Van Hulzen Asset Management, LLC | 0.50% | Reduce -1.3% | 84,201 | $5.5M |
| ICONIQ Capital, LLC | 0.09% | No change | 77,932 | $5.1M |
| Fiduciary Trust Co | 0.07% | Add +0.1% | 77,150 | $5.0M |
| Intellectus Partners, LLC | 1.24% | Reduce -2.2% | 76,934 | $5.0M |
| SCS Capital Management LLC | 0.06% | New | 75,957 | $5.0M |
| Haven Private, LLC | 2.80% | Add +3.4% | 75,906 | $4.9M |
| J. Safra Sarasin Holding AG | 0.09% | Add +19.7% | 73,100 | $4.8M |
| Advisory Services Network, LLC | 0.09% | Add +27.5% | 72,467 | $4.7M |
| Moneco Advisors, LLC | 0.48% | Reduce -8.2% | 71,719 | $4.7M |
| Ascension Capital Advisors, Inc. | 2.13% | Reduce -1.0% | 71,497 | $4.7M |
| Avantax Advisory Services, Inc. | 0.03% | Add +297.1% | 71,009 | $4.6M |
| NewEdge Wealth, LLC | 0.08% | Reduce -15.8% | 68,172 | $4.4M |
| Legacy Wealth Asset Management, LLC | 1.22% | Reduce -5.7% | 67,693 | $4.4M |
| Guild Investment Management, Inc. | 4.62% | Reduce -0.2% | 67,490 | $4.4M |
| Seldon Capital LP | 2.71% | No change | 66,107 | $4.3M |
| Consolidated Portfolio Review Corp | 0.68% | Reduce -11.9% | 65,490 | $4.3M |
| Independent Financial Group, LLC | 0.15% | Reduce -43.2% | 65,384 | $4.3M |
| Keystone Financial Group | 0.43% | Reduce -1.8% | 53,751 | $4.2M |
| Merit Financial Group, LLC | 0.06% | Reduce -2.8% | 63,883 | $4.2M |
| Cerity Partners LLC | 0.01% | Add +36.4% | 62,280 | $4.1M |
| Bleakley Financial Group, LLC | 0.13% | Reduce -2.6% | 61,054 | $4.0M |
| Beck Capital Management, LLC | 1.17% | Reduce -27.4% | 61,038 | $4.0M |
| Raymond James Financial Inc. | 0.00% | Add +4.5% | 59,362 | $3.9M |
| Smithfield Trust Co | 0.18% | No change | 56,195 | $3.7M |
| HFG Wealth Management, LLC | 2.21% | Reduce -6.7% | 49,391 | $3.7M |
| Kestra Private Wealth Services, LLC | 0.06% | Reduce -0.9% | 55,940 | $3.6M |
| Innovative Advisory Group, LLC | 3.46% | Reduce -52.6% | 55,934 | $3.6M |
| Convergence Financial, LLC | 0.71% | Reduce -3.7% | 55,543 | $3.6M |
| Verde Capital Management | 1.01% | Reduce -4.8% | 54,715 | $3.6M |
| Pekin Hardy Strauss, Inc. | 0.43% | Reduce -1.8% | 54,457 | $3.5M |
| NTV Asset Management LLC | 0.46% | Reduce -7.0% | 53,487 | $3.5M |
| Ethos Financial Group, LLC | 0.33% | New | 53,212 | $3.5M |
| Brown Advisory Inc. | 0.00% | No change | 51,683 | $3.4M |
| US Bancorp \de | 0.00% | Add +5.6% | 50,715 | $3.3M |
| NewEdge Advisors, LLC | 0.02% | Add +3.0% | 49,782 | $3.2M |
| Citadel Advisors | 0.00% | Add +449.4% | 48,594 | $3.2M |
| Mercer Global Advisors Inc. | 0.01% | Reduce -27.2% | 47,206 | $3.1M |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -1.4% | 45,868 | $3.0M |
| Proficio Capital Partners LLC | 0.23% | Reduce -3.6% | 44,427 | $2.9M |
| McRae Capital Management Inc. | 0.61% | New | 44,590 | $2.9M |
| Fagan Associates, Inc. | 0.48% | Reduce -0.6% | 44,236 | $2.9M |
| Epiq Partners, LLC | 1.60% | Reduce -7.8% | 44,155 | $2.9M |
| Certior Financial Group, LLC | 2.36% | Reduce -0.2% | 43,760 | $2.9M |
| Wealthspire Advisors, LLC | 0.02% | Reduce -13.5% | 43,594 | $2.8M |
| Prosperity Financial Group, Inc. | 1.41% | Reduce -0.1% | 43,473 | $2.8M |
| Captrust Financial Advisors | 0.01% | Reduce -12.8% | 41,569 | $2.7M |
| Cyndeo Wealth Partners, LLC | 0.18% | Reduce -3.5% | 41,340 | $2.7M |
| Sowell Financial Services LLC | 0.12% | Add +0.8% | 40,147 | $2.6M |
| Watts Gwilliam & Co., LLC | 0.57% | Reduce -4.2% | 40,000 | $2.6M |
| Waverly Advisors, LLC | 0.03% | Add +4.2% | 39,478 | $2.6M |
"% of holder's portfolio" is GBTC's weight in each manager's 13F, not the share of Grayscale Bitcoin Trust ETF the manager owns.