Grayscale Bitcoin Trust ETFGBTCETF
13F holders, Q2 2025 (June 30)765holders +52
89new positions
46sold out
2famous investors
$84.74avg. 13F price*
At the end of Q2 2025, 765 institutions reported holding Grayscale Bitcoin Trust ETF (GBTC) in their 13F filings, up 52 from Q1 2025. 89 opened new positions and 46 sold out. The largest holders were Horizon Kinetics Asset Management LLC ($1.2B), Multicoin Capital Management, LLC ($112.1M) and LPL Financial LLC ($88.4M). 2 famous investors held it, including Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- Grayscale Bitcoin Trust ETF
- CUSIP
- 389637109
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 89 | $44.0M |
| Exits | 46 | $24.1M |
All 13F filers, Q1 2025 → Q2 2025: 2,191,993 shares bought and 2,574,448 shares sold, net −382,455 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 765 holders
| Horizon Kinetics Asset Management LLC | 14.64% | Reduce -1.0% | 14,551,191 | $1.2B |
| Multicoin Capital Management, LLC | 89.88% | No change | 1,321,808 | $112.1M |
| LPL Financial LLC | 0.03% | Reduce -1.9% | 1,041,987 | $88.4M |
| Jane Street Group, LLC | 0.14% | Add +218.6% | 1,020,326 | $86.6M |
| HighTower Advisors, LLC | 0.07% | Reduce -2.5% | 649,801 | $55.1M |
| Greenwich Wealth Management LLC | 2.43% | Reduce -0.6% | 637,137 | $50.1M |
| Wealthfront Advisers LLC | 0.09% | Reduce -6.1% | 396,907 | $33.7M |
| EagleClaw Capital Managment, LLC | 4.93% | Reduce -2.5% | 388,961 | $33.0M |
| Mad River Investors | 14.15% | Reduce -0.0% | 372,381 | $31.6M |
| IMC-Chicago, LLC | 0.77% | Add +239.6% | 362,801 | $30.8M |
| Moors & Cabot, Inc. | 1.27% | Reduce -1.8% | 322,061 | $27.3M |
| One Charles Private Wealth Services, LLC | 6.95% | Reduce -0.4% | 291,784 | $24.8M |
| Beaumont Financial Advisors, LLC | 1.76% | Reduce -4.0% | 285,961 | $24.3M |
| Kingswood Wealth Advisors, LLC | 1.89% | Reduce -1.4% | 282,255 | $23.9M |
| Cambridge Investment Research Advisors, Inc. | 0.07% | Reduce -0.6% | 270,931 | $23.0M |
| Cresset Asset Management, LLC | 0.11% | Reduce -12.8% | 261,473 | $22.2M |
| Commonwealth Equity Services, LLC | 0.03% | Reduce -3.5% | 247,459 | $21.0M |
| TB Alternative Assets Ltd. | 3.69% | Reduce -19.1% | 234,675 | $19.9M |
| Focus Partners Wealth | 0.04% | Reduce -6.5% | 218,342 | $18.5M |
| Wealth Enhancement Advisory Services, LLC | 0.03% | Reduce -6.9% | 190,564 | $16.4M |
| Susquehanna International Group, LLP | 0.02% | Add +453.3% | 190,657 | $16.2M |
| Mariner, LLC | 0.02% | Add +2.0% | 169,276 | $14.4M |
| Aristides Capital LLC | 4.46% | No change | 164,931 | $14.0M |
| Virtu Financial LLC | 0.69% | Add +39.9% | 157,710 | $13.4M |
| RBF Capital, LLC | 0.63% | No change | 150,000 | $12.7M |
| Atlas Wealth Partners, LLC | 14.48% | Reduce -3.2% | 147,923 | $12.5M |
| Sloy Dahl & Holst, LLC | 1.60% | Reduce -0.0% | 135,449 | $11.5M |
| Lido Advisors, LLC | 0.06% | Reduce -1.6% | 134,358 | $11.4M |
| Fiduciary Alliance LLC | 0.82% | Add +15.7% | 128,807 | $10.9M |
| Fielder Capital Group LLC | 2.83% | Reduce -0.1% | 125,287 | $10.6M |
| Pasadena Private Wealth, LLC | 1.82% | Reduce -5.6% | 125,161 | $10.6M |
| Foundations Investment Advisors, LLC | 0.17% | Reduce -13.4% | 125,142 | $10.6M |
| Kestra Advisory Services, LLC | 0.05% | Reduce -16.6% | 124,707 | $10.6M |
| Brookstone Capital Management | 0.14% | Reduce -1.6% | 124,216 | $10.5M |
| Lakewood Capital Management, LP | 0.80% | No change | 123,500 | $10.5M |
| Sequoia Financial Advisors, LLC | 0.07% | Reduce -3.0% | 121,538 | $10.3M |
| SLT Holdings LLC | 7.71% | Reduce -14.0% | 118,492 | $10.1M |
| Ieq Capital, LLC | 0.06% | Add +400.6% | 113,310 | $9.6M |
| Birch Hill Investment Advisors LLC | 0.41% | Reduce -1.6% | 109,150 | $9.3M |
| Once Capital Management, LLC | 2.83% | No change | 107,700 | $9.1M |
| Blair William & Co. | 0.03% | Reduce -0.4% | 107,600 | $9.1M |
| Citrine Capital LLC | 4.66% | Reduce -0.1% | 103,505 | $8.8M |
| Larson Financial Group LLC | 0.35% | Reduce -0.1% | 102,625 | $8.7M |
| ICONIQ Capital, LLC | 0.15% | Add +30.3% | 101,575 | $8.6M |
| Millennium Management | 0.01% | No change | 100,000 | $8.5M |
| Variant Private Wealth, LLC | 8.70% | Reduce -0.1% | 98,809 | $8.4M |
| Red Door Wealth Management, LLC | 0.99% | Reduce -0.2% | 97,685 | $8.3M |
| Creative Planning | 0.01% | Add +8.9% | 96,247 | $8.2M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -6.9% | 92,664 | $7.9M |
| Traphagen Investment Advisors LLC | 0.74% | Reduce -0.5% | 92,501 | $7.8M |
| Claro Advisors Inc. | 1.29% | Reduce -12.0% | 92,107 | $7.8M |
| Blue Square Asset Management, LLC | 3.58% | Reduce -2.9% | 90,101 | $7.6M |
| Renaissance Technologies | 0.01% | New | 80,100 | $6.8M |
| Van Hulzen Asset Management, LLC | 0.56% | Reduce -5.4% | 79,622 | $6.8M |
| Intellectus Partners, LLC | 1.40% | Reduce -0.7% | 76,371 | $6.5M |
| SCS Capital Management LLC | 0.07% | No change | 75,957 | $6.4M |
| Haven Private, LLC | 2.84% | Reduce -0.7% | 75,396 | $6.4M |
| Advisory Services Network, LLC | 0.10% | Reduce -5.8% | 68,287 | $6.3M |
| WESCAP Management Group, Inc. | 1.41% | New | 72,972 | $6.2M |
| Consolidated Portfolio Review Corp | 0.86% | Add +11.3% | 72,900 | $6.2M |
| Raymond James Financial Inc. | 0.00% | Add +22.7% | 72,811 | $6.2M |
| Fiduciary Trust Co | 0.08% | Reduce -6.5% | 72,150 | $6.1M |
| Osaic Holdings, Inc. | 0.01% | Add +180.4% | 70,124 | $5.9M |
| Ascension Capital Advisors, Inc. | 2.48% | Reduce -2.2% | 69,908 | $5.9M |
| Moneco Advisors, LLC | 0.55% | Reduce -3.1% | 69,519 | $5.9M |
| Farther Finance Advisors, LLC | 0.12% | Add +275.2% | 68,650 | $5.8M |
| Guild Investment Management, Inc. | 4.96% | Reduce -0.3% | 67,300 | $5.7M |
| Seldon Capital LP | 2.44% | No change | 66,107 | $5.6M |
| NewEdge Wealth, LLC | 0.09% | Reduce -11.2% | 60,571 | $5.6M |
| Legacy Wealth Asset Management, LLC | 1.39% | Reduce -4.8% | 64,467 | $5.5M |
| Old Mission Capital LLC | 0.15% | New | 64,382 | $5.5M |
| Global Retirement Partners, LLC | 0.13% | — | 63,629 | $5.4M |
| Bleakley Financial Group, LLC | 0.13% | Reduce -1.8% | 59,964 | $5.1M |
| Keystone Financial Group | 0.45% | Add +1.1% | 54,331 | $5.0M |
| Merit Financial Group, LLC | 0.05% | Reduce -9.4% | 57,843 | $4.9M |
| Smithfield Trust Co | 0.23% | No change | 56,195 | $4.8M |
| Independent Financial Group, LLC | 0.13% | Reduce -14.1% | 56,158 | $4.8M |
| Kestra Private Wealth Services, LLC | 0.07% | Add +0.3% | 56,098 | $4.8M |
| Cerity Partners LLC | 0.01% | Reduce -11.5% | 55,106 | $4.7M |
| Beck Capital Management, LLC | 1.15% | Reduce -10.7% | 54,527 | $4.6M |
| Innovative Advisory Group, LLC | 3.91% | Reduce -3.7% | 53,842 | $4.6M |
| Pekin Hardy Strauss, Inc. | 0.52% | Reduce -1.4% | 53,708 | $4.6M |
| Verde Capital Management | 1.12% | Reduce -2.0% | 53,620 | $4.5M |
| NewEdge Advisors, LLC | 0.02% | Add +7.6% | 53,577 | $4.5M |
| NTV Asset Management LLC | 0.54% | No change | 53,487 | $4.5M |
| Ethos Financial Group, LLC | 0.39% | No change | 53,212 | $4.5M |
| Convergence Financial, LLC | 0.75% | Reduce -7.0% | 51,639 | $4.4M |
| Brown Advisory Inc. | 0.01% | Reduce -0.1% | 51,616 | $4.4M |
| US Bancorp \de | 0.01% | Reduce -0.0% | 50,701 | $4.3M |
| Corient Private Wealth LP | 0.01% | Add +203.6% | 49,653 | $4.2M |
| PNC Financial Services Group, Inc. | 0.00% | Add +7.9% | 49,489 | $4.2M |
| Mainstay Capital Management LLC | 0.20% | Add +100.0% | 48,096 | $4.1M |
| Mercer Global Advisors Inc. | 0.01% | Reduce -0.5% | 46,963 | $4.0M |
| Fagan Associates, Inc. | 0.60% | Add +4.2% | 46,103 | $3.9M |
| Private Advisor Group, LLC | 0.02% | Add +14.5% | 45,040 | $3.8M |
| Proficio Capital Partners LLC | 0.23% | No change | 44,427 | $3.8M |
| Prosperity Financial Group, Inc. | 1.58% | Add +0.9% | 43,873 | $3.7M |
| Certior Financial Group, LLC | 2.85% | No change | 43,760 | $3.7M |
| Wealthspire Advisors, LLC | 0.02% | Reduce -0.0% | 43,589 | $3.7M |
| Watts Gwilliam & Co., LLC | 0.61% | No change | 40,000 | $3.7M |
"% of holder's portfolio" is GBTC's weight in each manager's 13F, not the share of Grayscale Bitcoin Trust ETF the manager owns.