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Grayscale Bitcoin Trust ETF

GBTC
Exchange
NYSE
Industry
Commodity Contracts Brokers & Dealers
SEC CIK
0001588489

No open-market purchases or sales by Grayscale Bitcoin Trust ETF insiders were filed in the last 90 days; 605 institutions reported holding it in 13F filings for Q2 2026, worth $1.27B in total; no superinvestor holds it.

13F holders, Q1 2026

Institutional positions in Grayscale Bitcoin Trust ETF as of Mar 31, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
660
−69 vs. Q4 2025
Shares held
31.7M
−1.02M (−3.1%) vs. Q4 2025
Total value
$1.67B
−$565.3M (−25.3%) vs. Q4 2025
New holders
54
124 more added
Sold out
123
256 more reduced

11 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting GBTC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2026: 660 institutions
Q1 2021: 75 institutionsQ2 2021: 59 institutionsQ3 2021: 59 institutionsQ4 2021: 66 institutionsQ1 2022: 56 institutionsQ2 2022: 46 institutionsQ3 2022: 50 institutionsQ4 2022: 48 institutionsQ1 2023: 43 institutionsQ2 2023: 45 institutionsQ3 2023: 44 institutionsQ4 2023: 47 institutionsQ1 2024: 648 institutionsQ2 2024: 663 institutionsQ3 2024: 621 institutionsQ4 2024: 758 institutionsQ1 2025: 715 institutionsQ2 2025: 766 institutionsQ3 2025: 787 institutionsQ4 2025: 740 institutionsQ1 2026: 660 institutionsQ2 2026: 605 institutions
Value heldQ1 2026: $1.67B
Q1 2021: $538.7MQ2 2021: $341.2MQ3 2021: $369.9MQ4 2021: $328.8MQ1 2022: $248.1MQ2 2022: $153.6MQ3 2022: $86.4MQ4 2022: $196.5MQ1 2023: $378.0MQ2 2023: $445.7MQ3 2023: $436.3MQ4 2023: $591.8MQ1 2024: $4.28BQ2 2024: $2.68BQ3 2024: $1.82BQ4 2024: $2.61BQ1 2025: $2.25BQ2 2025: $2.99BQ3 2025: $3.02BQ4 2025: $2.25BQ1 2026: $1.67BQ2 2026: $1.27B
Institutions holding GBTC and their total value by quarter
QuarterHoldersValue
Q2 2026605$1.27B
Q1 2026660$1.67B
Q4 2025740$2.25B
Q3 2025787$3.02B
Q2 2025766$2.99B
Q1 2025715$2.25B
Q4 2024758$2.61B
Q3 2024621$1.82B
Q2 2024663$2.68B
Q1 2024648$4.28B
Q4 202347$591.8M
Q3 202344$436.3M
Q2 202345$445.7M
Q1 202343$378.0M
Q4 202248$196.5M
Q3 202250$86.4M
Q2 202246$153.6M
Q1 202256$248.1M
Q4 202166$328.8M
Q3 202159$369.9M
Q2 202159$341.2M
Q1 202175$538.7M

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding Grayscale Bitcoin Trust ETF; share changes are against Q4 2025.

Institutions holding GBTC in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Horizon Kinetics Asset Management LLC14,004,882$738.9M8.00%−108,711−0.8%Reduced
LPL Financial LLC908,340$47.9M0.01%−68,874−7.0%Reduced
HighTower Advisors, LLC614,073$32.4M0.03%−6,290−1.0%Reduced
Greenwich Wealth Management LLC633,993$31.0M1.27%−1,008−0.2%Reduced
MSRH, LLC419,620$22.1M19.61%−2,458−0.6%Reduced
Susquehanna International Group, LLP406,900$21.5M0.03%−114,172−21.9%Reduced
Mad River Investors360,139$19.0M6.86%−315−0.1%Reduced
EagleClaw Capital Managment, LLC355,791$18.8M2.63%+22,950+6.9%Added
Wealthfront Advisers LLC341,133$18.0M0.04%−13,569−3.8%Reduced
Moors & Cabot, Inc.311,393$16.4M0.70%−4,126−1.3%Reduced
Vident Advisory, LLC303,100$16.0M0.14%+301,600+20,106.7%Added
Virtu Financial LLC282,831$14.9M0.62%+227,247+408.8%Added
Kingswood Wealth Advisors, LLC279,960$14.8M0.70%−3,875−1.4%Reduced
One Charles Private Wealth Services, LLC276,992$14.6M3.66%−1,611−0.6%Reduced
Jane Street Group, LLC263,972$13.9M0.01%+240,831+1,040.7%Added
Beaumont Financial Advisors, LLC258,734$13.7M0.94%−12,733−4.7%Reduced
Cambridge Investment Research Advisors, Inc.253,269$13.4M0.03%−6,656−2.6%Reduced
Cresset Asset Management, LLC243,712$12.9M0.06%−192−0.1%Reduced
Colony Group, LLC216,502$11.4M0.01%−4,628−2.1%Reduced
Mariner, LLC186,939$9.86M0.01%+13,732+7.9%Added
Commonwealth Equity Services, LLC178,803$9.43M0.01%−28,660−13.8%Reduced
Cetera Investment Advisers174,477$9.21M0.01%−10,499−5.7%Reduced
Lido Advisors, LLC165,469$8.73M0.03%+6,174+3.9%Added
Fiduciary Alliance LLC146,098$8.53M0.51%+11,845+8.8%Added
RBF Capital, LLC150,000$7.91M0.39%00.0%Unchanged
Atlas Wealth Partners, LLC140,312$7.40M7.61%−2,400−1.7%Reduced
Sloy Dahl & Holst, LLC133,438$7.04M0.97%−992−0.7%Reduced
Creative Planning131,791$6.95M0.00%−4,199−3.1%Reduced
Foundations Investment Advisors, LLC129,027$6.81M0.08%+1,920+1.5%Added
Sequoia Financial Advisors, LLC127,176$6.71M0.04%+8,231+6.9%Added
SLT Holdings LLC124,037$6.54M4.62%+1,262+1.0%Added
Lakewood Capital Management, LP123,500$6.52M0.42%00.0%Unchanged
Pasadena Private Wealth, LLC117,623$6.21M0.86%−1,643−1.4%Reduced
Ieq Capital, LLC117,106$6.18M0.03%00.0%Unchanged
Wealth Enhancement Advisory Services, LLC115,300$6.01M0.01%−69,347−37.6%Reduced
Fielder Capital Group LLC111,292$5.87M1.28%−1,468−1.3%Reduced
Once Capital Management, LLC107,700$5.68M1.52%00.0%Unchanged
Blair William & Co107,079$5.65M0.02%−250−0.2%Reduced
Qube Research & Technologies Ltd106,452$5.62M0.01%+106,452New
Kestra Advisory Services, LLC105,842$5.58M0.02%+5,105+5.1%Added
Birch Hill Investment Advisors LLC102,850$5.43M0.24%00.0%Unchanged
Citrine Capital LLC101,811$5.37M2.33%00.0%Unchanged
ICONIQ Capital, LLC101,575$5.36M0.12%00.0%Unchanged
Millennium Management LLC100,000$5.28M0.00%00.0%Unchanged
Red Door Wealth Management, LLC95,610$5.04M0.52%−80−0.1%Reduced
Larson Financial Group LLC90,982$4.80M0.15%−1,174−1.3%Reduced
Morgan Stanley86,496$4.56M0.00%−6,945−7.4%Reduced
Traphagen Investment Advisors LLC84,556$4.46M0.36%−696−0.8%Reduced
Raymond James Financial Inc83,310$4.40M0.00%−4,213−4.8%Reduced
Claro Advisors LLC82,845$4.37M0.53%−7,345−8.1%Reduced
Advisor Group Holdings, Inc.81,188$4.28M0.01%−968−1.2%Reduced
Advisory Services Network, LLC78,172$4.12M0.05%+1,765+2.3%Added
Van Hulzen Asset Management, LLC77,634$4.10M0.30%−300−0.4%Reduced
Intellectus Partners, LLC76,470$4.03M0.82%+204+0.3%Added
SCS Capital Management LLC75,857$4.00M0.04%−100−0.1%Reduced
Mercer Global Advisors Inc73,732$3.89M0.01%+1,148+1.6%Added
Haven Private, LLC73,162$3.86M1.68%−275−0.4%Reduced
Farther Finance Advisors, LLC72,634$3.85M0.04%+564+0.8%Added
Envestnet Asset Management Inc72,383$3.82M0.00%+2,815+4.0%Added
Variant Private Wealth, LLC71,640$3.78M4.58%−260.0%Reduced
Guild Investment Management, Inc.67,640$3.57M2.55%+315+0.5%Added
Santa Monica Partners LP64,932$3.43M1.91%00.0%Unchanged
Kovitz Investment Group Partners, LLC64,322$3.39M0.08%+100+0.2%Added
Keystone Financial Group57,942$3.37M0.23%+1,630+2.9%Added
MONECO Advisors, LLC63,342$3.34M0.26%−929−1.4%Reduced
Renaissance Technologies LLC60,950$3.22M0.01%−59,150−49.3%Reduced
NewEdge Wealth, LLC60,452$3.19M0.04%−403−0.7%Reduced
Pekin Hardy Strauss, Inc.56,924$3.00M0.31%−1,495−2.6%Reduced
Smithfield Trust Co56,195$2.96M0.13%00.0%Unchanged
Seldon Capital LP56,100$2.96M1.09%−8,107−12.6%Reduced
Legacy Wealth Asset Management, LLC55,460$2.93M0.71%−849−1.5%Reduced
Independent Financial Group, LLC52,348$2.76M0.06%−1,581−2.9%Reduced
Kestra Private Wealth Services, LLC52,298$2.76M0.03%−2,710−4.9%Reduced
NTV Asset Management LLC51,294$2.71M0.30%−1,191−2.3%Reduced
Convergence Financial, LLC51,267$2.70M0.29%−193−0.4%Reduced
Verde Capital Management50,734$2.68M0.57%−588−1.1%Reduced
Brown Advisory Inc50,416$2.66M0.00%−1,200−2.3%Reduced
Ridgepath Capital Management LLC50,324$2.66M1.32%+50,324New
Interchange Capital Partners, LLC40,493$2.59M0.84%+7,311+22.0%Added
Smith, Moore & Co.48,061$2.54M0.18%+36,845+328.5%Added
Bleakley Financial Group, LLC47,819$2.52M0.04%−7,544−13.6%Reduced
Merit Financial Group, LLC47,306$2.50M0.02%−112−0.2%Reduced
Innovative Advisory Group, LLC46,714$2.46M2.17%−5,651−10.8%Reduced
Cerity Partners LLC46,244$2.44M0.00%−16,547−26.4%Reduced
Beck Capital Management, LLC45,618$2.41M0.55%−4,227−8.5%Reduced
US Bancorp45,451$2.40M0.00%−2,162−4.5%Reduced
Wealthspire Advisors, LLC44,751$2.36M0.02%+2,356+5.6%Added
The PNC Financial Services Group, Inc.43,723$2.31M0.00%−3,140−6.7%Reduced
EFG International AG43,550$2.30M0.05%−1,500−3.3%Reduced
WESCAP Management Group, Inc.43,321$2.29M0.45%−25,855−37.4%Reduced
Certior Financial Group, LLC42,990$2.27M1.44%−686−1.6%Reduced
Fagan Associates, Inc.42,379$2.24M0.31%−674−1.6%Reduced
HFG Wealth Management, LLC41,652$2.20M1.21%−1,368−3.2%Reduced
Captrust Financial Advisors39,596$2.09M0.00%+1,060+2.8%Added
Fifth Third Bancorp39,072$2.06M0.00%+38,972+38,972.0%Added
Prosperity Financial Group, Inc.38,712$2.04M0.75%−343−0.9%Reduced
Brookstone Capital Management38,378$2.02M0.02%−2,128−5.3%Reduced
We Are One Seven, LLC38,241$2.02M0.04%−1,055−2.7%Reduced
Beacon Pointe Advisors, LLC36,212$1.91M0.01%+13,666+60.6%Added
TigerOak Management, L.L.C.36,132$1.91M0.60%−300−0.8%Reduced