Grayscale Bitcoin Trust ETF (GBTC) — Institutional Holders, Q2 2026
609 institutional investment managers reported a GBTC position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $1.3B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
GBTC in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- CITADEL ADVISORSNew · +314,985 sh+$14.3M
- Quadrature Capital LtdAdded · +184,609 sh+$8.4M
- WealthCare Asset ManagementNew · +95,422 sh+$4.3M
- MarinerAdded · +91,599 sh+$4.2M
- Virtu FinancialAdded · +78,099 sh+$3.6M
Biggest sellers
- HORIZON KINETICS ASSET MANAGEMENTTrimmed · -1,864,892 sh-$84.9M
- Greenwich Wealth ManagementTrimmed · -615,989 sh-$28.0M
- SUSQUEHANNA INTERNATIONAL GROUP, LLPTrimmed · -331,126 sh-$15.1M
- Vident AdvisoryTrimmed · -301,348 sh-$13.7M
- Fiduciary AllianceSold out · -146,098 sh-$6.7M
GBTC 13F holders ranked 1–100 of 609
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | HORIZON KINETICS ASSET MANAGEMENT#1 · 12,139,990 sh | 12,139,990 | $552.6M | 6.27% | -13.3% |
| 2 | LPL Financial#2 · 876,469 sh | 876,469 | $39.9M | <0.01% | -3.5% |
| 3 | HighTower Advisors#3 · 602,864 sh | 602,864 | $27.4M | 0.03% | -1.8% |
| 4 | Virtu Financial#4 · 360,930 sh | 360,930 | $16.4M | 0.52% | +27.6% |
| 5 | MAD RIVER INVESTORS#5 · 360,139 sh | 360,139 | $16.4M | 6.11% | 0.0% |
| 6 | EagleClaw Capital Managment#6 · 358,216 sh | 358,216 | $16.3M | 2.19% | +0.7% |
| 7 | JANE STREET GROUP#7 · 340,363 sh | 340,363 | $15.5M | <0.01% | +28.9% |
| 8 | CITADEL ADVISORS#8 · 314,985 sh | 314,985 | $14.3M | <0.01% | New |
| 9 | Moors & Cabot#9 · 303,753 sh | 303,753 | $13.8M | 0.54% | -2.5% |
| 10 | Mariner#10 · 278,538 sh | 278,538 | $12.7M | 0.01% | +49.0% |
| 11 | KINGSWOOD WEALTH ADVISORS#11 · 278,391 sh | 278,391 | $12.7M | — | -0.6% |
| 12 | Wealthfront Advisers#12 · 265,593 sh | 265,593 | $12.1M | 0.02% | -22.1% |
| 13 | One Charles Private Wealth Services#13 · 259,750 sh | 259,750 | $11.8M | 2.72% | -6.2% |
| 14 | Beaumont Financial Advisors#14 · 249,612 sh | 249,612 | $11.4M | — | -3.5% |
| 15 | Cambridge Investment Research Advisors#15 · 244,528 sh | 244,528 | $11.1M | 0.03% | -3.5% |
| 16 | Cresset Asset Management#16 · 231,216 sh | 231,216 | $10.5M | 0.04% | -5.1% |
| 17 | Quadrature Capital Ltd#17 · 193,414 sh | 193,414 | $8.8M | 0.08% | +2096.6% |
| 18 | Focus Partners Wealth#18 · 190,971 sh | 190,971 | $8.7M | <0.01% | -11.8% |
| 19 | COMMONWEALTH EQUITY SERVICES#19 · 168,831 sh | 168,831 | $7.7M | <0.01% | -5.6% |
| 20 | Cetera Investment Advisers#20 · 164,245 sh | 164,245 | $7.5M | <0.01% | -5.9% |
| 21 | RBF Capital#21 · 150,000 sh | 150,000 | $6.8M | 0.28% | 0.0% |
| 22 | Atlas Wealth Partners#22 · 139,612 sh | 139,612 | $6.4M | 6.94% | -0.5% |
| 23 | Lido Advisors#23 · 138,522 sh | 138,522 | $6.3M | 0.02% | -16.3% |
| 24 | Sloy Dahl & Holst#24 · 131,538 sh | 131,538 | $6.0M | — | -1.4% |
| 25 | Creative Planning#25 · 131,082 sh | 131,082 | $6.0M | <0.01% | -0.5% |
| 26 | WEALTH ENHANCEMENT ADVISORY SERVICES#26 · 113,584 sh | 113,584 | $5.6M | — | -1.5% |
| 27 | LAKEWOOD CAPITAL MANAGEMENT#27 · 123,500 sh | 123,500 | $5.6M | 0.29% | 0.0% |
| 28 | Foundations Investment Advisors#28 · 121,134 sh | 121,134 | $5.5M | 0.06% | -6.1% |
| 29 | Pasadena Private Wealth#29 · 117,609 sh | 117,609 | $5.4M | 0.68% | 0.0% |
| 30 | SLT#30 · 116,930 sh | 116,930 | $5.3M | — | -5.7% |
| 31 | Fielder Capital Group#31 · 111,292 sh | 111,292 | $5.1M | 1.10% | 0.0% |
| 32 | Once Capital Management#32 · 107,700 sh | 107,700 | $4.9M | 0.40% | 0.0% |
| 33 | Larson Financial Group#33 · 107,435 sh | 107,435 | $4.9M | 0.13% | +18.1% |
| 34 | BLAIR WILLIAM#34 · 106,864 sh | 106,864 | $4.9M | 0.01% | -0.2% |
| 35 | Birch Hill Investment Advisors#35 · 102,850 sh | 102,850 | $4.7M | — | 0.0% |
| 36 | Convergence Financial#36 · 102,534 sh | 102,534 | $4.7M | 0.37% | +100.0% |
| 37 | ICONIQ Capital#37 · 101,575 sh | 101,575 | $4.6M | 0.13% | 0.0% |
| 38 | MILLENNIUM MANAGEMENT#38 · 100,000 sh | 100,000 | $4.6M | <0.01% | 0.0% |
| 39 | Sequoia Financial Advisors#39 · 96,213 sh | 96,213 | $4.4M | 0.02% | -24.3% |
| 40 | WealthCare Asset Management#40 · 95,422 sh | 95,422 | $4.3M | — | New |
| 41 | Red Door Wealth Management#41 · 94,987 sh | 94,987 | $4.3M | 0.39% | -0.7% |
| 42 | Kestra Advisory Services#42 · 94,966 sh | 94,966 | $4.3M | 0.01% | -10.3% |
| 43 | OSAIC#43 · 89,673 sh | 89,673 | $4.1M | <0.01% | +10.5% |
| 44 | TRAPHAGEN INVESTMENT ADVISORS#44 · 83,314 sh | 83,314 | $3.8M | — | -1.5% |
| 45 | Claro Advisors#45 · 82,836 sh | 82,836 | $3.8M | 0.40% | 0.0% |
| 46 | MORGAN STANLEY#46 · 78,170 sh | 78,170 | $3.6M | <0.01% | -9.6% |
| 47 | Intellectus Partners#47 · 76,426 sh | 76,426 | $3.5M | 0.60% | -0.1% |
| 48 | MERCER GLOBAL ADVISORS#48 · 76,284 sh | 76,284 | $3.5M | <0.01% | +3.5% |
| 49 | Advisory Services Network#49 · 76,121 sh | 76,121 | $3.5M | 0.04% | -2.6% |
| 50 | Citrine Capital#50 · 75,952 sh | 75,952 | $3.5M | — | -25.4% |
| 51 | SCS Capital Management#51 · 75,857 sh | 75,857 | $3.5M | 0.03% | 0.0% |
| 52 | SUSQUEHANNA INTERNATIONAL GROUP, LLP#52 · 75,774 sh | 75,774 | $3.4M | <0.01% | -81.4% |
| 53 | Farther Finance Advisors#53 · 73,582 sh | 73,582 | $3.3M | — | +1.3% |
| 54 | Van Hulzen Asset Management#54 · 72,892 sh | 72,892 | $3.3M | 0.24% | -6.1% |
| 55 | Haven Private#55 · 72,261 sh | 72,261 | $3.3M | 1.25% | -1.2% |
| 56 | Variant Private Wealth#56 · 71,518 sh | 71,518 | $3.3M | — | -0.2% |
| 57 | RAYMOND JAMES FINANCIAL#57 · 71,319 sh | 71,319 | $3.2M | <0.01% | -14.4% |
| 58 | ENVESTNET ASSET MANAGEMENT#58 · 69,663 sh | 69,663 | $3.2M | <0.01% | -3.8% |
| 59 | SRS Capital Advisors#59 · 68,224 sh | 68,224 | $3.1M | 0.02% | +885.5% |
| 60 | Guild Investment Management#60 · 67,630 sh | 67,630 | $3.1M | 2.10% | 0.0% |
| 61 | SANTA MONICA PARTNERS#61 · 64,932 sh | 64,932 | $3.0M | 1.59% | 0.0% |
| 62 | Kovitz Investment Group Partners#62 · 64,322 sh | 64,322 | $2.9M | 0.06% | 0.0% |
| 63 | NewEdge Wealth#63 · 60,452 sh | 60,452 | $2.8M | 0.03% | 0.0% |
| 64 | Keystone Financial Group#64 · 59,355 sh | 59,355 | $2.7M | 0.16% | +2.4% |
| 65 | Pekin Hardy Strauss#65 · 56,924 sh | 56,924 | $2.6M | 0.23% | 0.0% |
| 66 | Legacy Wealth Asset Management#66 · 55,149 sh | 55,149 | $2.5M | — | -0.6% |
| 67 | Brookstone Capital Management#67 · 55,085 sh | 55,085 | $2.5M | — | +43.5% |
| 68 | Qube Research & Technologies Ltd#68 · 51,618 sh | 51,618 | $2.3M | <0.01% | -51.5% |
| 69 | KESTRA PRIVATE WEALTH SERVICES#69 · 50,732 sh | 50,732 | $2.3M | 0.03% | -3.0% |
| 70 | BROWN ADVISORY#70 · 50,416 sh | 50,416 | $2.3M | <0.01% | 0.0% |
| 71 | Integrated Wealth Concepts#71 · 49,755 sh | 49,755 | $2.3M | 0.01% | +47.3% |
| 72 | NTV ASSET MANAGEMENT#72 · 48,278 sh | 48,278 | $2.2M | — | -5.9% |
| 73 | INDEPENDENT FINANCIAL GROUP#73 · 48,253 sh | 48,253 | $2.2M | — | -5.4% |
| 74 | SMITH, MOORE#74 · 47,561 sh | 47,561 | $2.2M | 0.14% | -1.0% |
| 75 | Wealthspire Advisors#75 · 47,488 sh | 47,488 | $2.2M | 0.01% | +6.1% |
| 76 | Verde Capital Management#76 · 44,951 sh | 44,951 | $2.0M | 0.38% | -11.4% |
| 77 | Merit Financial Group#77 · 44,855 sh | 44,855 | $2.0M | 0.01% | -5.2% |
| 78 | EFG International AG#78 · 43,550 sh | 43,550 | $2.0M | 0.04% | 0.0% |
| 79 | WESCAP Management Group#79 · 43,321 sh | 43,321 | $2.0M | 0.37% | 0.0% |
| 80 | Innovative Advisory Group#80 · 42,627 sh | 42,627 | $1.9M | — | -8.7% |
| 81 | PNC FINANCIAL SERVICES GROUP#81 · 42,358 sh | 42,358 | $1.9M | <0.01% | -3.1% |
| 82 | FAGAN ASSOCIATES#82 · 41,822 sh | 41,822 | $1.9M | — | -1.3% |
| 83 | Cerity Partners#83 · 39,929 sh | 39,929 | $1.8M | <0.01% | -13.7% |
| 84 | CAPTRUST FINANCIAL ADVISORS#84 · 38,984 sh | 38,984 | $1.8M | <0.01% | -1.5% |
| 85 | Beacon Pointe Advisors#85 · 38,462 sh | 38,462 | $1.8M | <0.01% | +6.2% |
| 86 | Prosperity Financial Group#86 · 38,400 sh | 38,400 | $1.7M | 0.54% | -0.8% |
| 87 | Global Retirement Partners#87 · 38,151 sh | 38,151 | $1.7M | 0.03% | — |
| 88 | STATE TREASURER STATE OF MICHIGAN#88 · 37,418 sh | 37,418 | $1.7M | — | New |
| 89 | Bleakley Financial Group#89 · 36,489 sh | 36,489 | $1.7M | 0.02% | -23.7% |
| 90 | TigerOak Management, L.L.C.#90 · 36,131 sh | 36,131 | $1.6M | — | 0.0% |
| 91 | Corient Private Wealth#91 · 35,291 sh | 35,291 | $1.6M | <0.01% | -16.7% |
| 92 | Cyndeo Wealth Partners#92 · 35,130 sh | 35,130 | $1.6M | — | -0.8% |
| 93 | FIDUCIARY#93 · 35,115 sh | 35,115 | $1.6M | 0.02% | 0.0% |
| 94 | WealthPlan Investment Management#94 · 35,076 sh | 35,076 | $1.6M | — | +6.0% |
| 95 | RMB Capital Management#95 · 34,815 sh | 34,815 | $1.6M | 0.02% | +12.0% |
| 96 | Sowell Financial Services#96 · 34,320 sh | 34,320 | $1.6M | — | -0.6% |
| 97 | Pathstone#97 · 34,027 sh | 34,027 | $1.5M | <0.01% | +15.6% |
| 98 | US BANCORP \DE\#98 · 33,921 sh | 33,921 | $1.5M | <0.01% | -25.4% |
| 99 | MGO ONE SEVEN#99 · 33,764 sh | 33,764 | $1.5M | 0.03% | -11.7% |
| 100 | Compass Ion Advisors#100 · 33,188 sh | 33,188 | $1.5M | — | -0.3% |
Funds that sold out of GBTC in Q2 2026 (80)
Held GBTC at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.