GRAYSCALE BITCOIN TRUST ETF (GBTC)
Institutional ownership reported to the SEC as of Q3 2026, across 32 quarters.
30
Reporting holders
$15.1M
Reported value
0.1%
Calls
0.0%
Puts
-580
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| Farther Finance Advisors, LLC | $4.8M | 75,047 | 0.03% | 11q | +2.0%+$94.6K |
| Legacy Wealth Asset Management, LLC | $3.5M | 54,395 | 0.77% | 11q | -1.4%-$48.7K |
| EPIQ PARTNERS, LLC | $834.7K | 12,723 | 0.36% | 11q | -15.9%-$157.5K |
| Private Capital Advisors, Inc. | $697.4K | 10,798 | 0.06% | 3q | -22.9%-$206.7K |
| Montz Harcus Wealth Management LLC | $629.2K | 9,741 | 0.22% | 11q | HELD |
| Horrell Capital Management, Inc. | $572.7K | 8,867 | 0.30% | 31q | +3.5%+$19.4K |
| Apella Capital, LLC | $563.8K | 8,756 | 0.01% | 3q | +0.9%+$4.8K |
| Taylor & Morgan Wealth Management, LLC | $534.4K | 8,274 | 0.26% | 4q | HELD |
| DOLIVER ADVISORS, LP | $461.1K | 7,139 | 0.10% | 11q | -20.2%-$116.6K |
| RVW Wealth, LLC | $443.9K | 6,872 | 0.03% | 10q | HELD |
| Valeo Financial Advisors, LLC | $431.0K | 6,673 | 0.01% | 11q | HELD |
| SAPIENT CAPITAL LLC | $396.8K | 6,143 | 0.01% | 11q | -50.0%-$396.8K |
| ROCKLAND TRUST CO | $239.0K | 3,700 | 0.01% | new | NEW |
| FELL CAPITAL MANAGEMENT /ADV | $219.0K | 3,390 | 0.19% | new | NEW |
| TrueWealth Advisors, LLC | $205.7K | 3,185 | 0.05% | new | NEW |
| Bullock Wealth Management Group | $108.6K | 1,659 | 0.05% | 11q | +1.0%+$1.1K |
| TOMPKINS FINANCIAL CORP | $73.7K | 1,141 | 0.01% | 10q | HELD |
| Planning Strategies Inc. | $72.7K | 1,125 | 0.04% | 2q | HELD |
| CoreCap Advisors, LLC | $66.6K | 1,031 | 0.00% | 5q | -13.7%-$10.5K |
| ATWOOD & PALMER INC | $63.7K | 986 | 0.00% | 10q | HELD |
| Trust Co | $50.1K | 776 | 0.00% | 10q | HELD |
| Noble Wealth Management PBC | $32.5K | 503 | 0.01% | 4q | HELD |
| TOTH FINANCIAL ADVISORY CORP | $29.3K | 453 | 0.00% | 11q | +0.7% |
| MassMutual Private Wealth & Trust, FSB | $14.7K | 227 | 0.00% | 22q | -52.4%-$16.1K |
| Versant Capital Management, Inc | $9.8K | 151 | 0.00% | 10q | HELD |
| FIRST COMMUNITY TRUST NA | $7.6K | 118 | 0.00% | new | NEW |
| ARMSTRONG ADVISORY GROUP, INC | $6.5K | 100 | 0.00% | 10q | HELD |
| AMERICAN NATIONAL BANK & TRUST | $5.6K | 86 | 0.00% | 8q | HELD |
| GK Wealth Management LLC | $2.4K | 37 | 0.00% | new | NEW |
| Coastline Trust Co | $1.4K | 22 | 0.00% | 9q | HELD |
| CX Institutional | $105 | 1,625 | 0.00% | new | NEW |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 30 | $15.1M | 234,118 | 5 | 5 | 7 | 0.1% |
| Q2 2026 | 610 | $1.5B | 28,597,456 | 31 | 91 | 193 | 13.3% |
| Q1 2026 | 664 | $1.8B | 31,592,580 | 45 | 113 | 232 | 8.3% |
| Q4 2025 | 747 | $2.5B | 33,040,687 | 47 | 150 | 208 | 10.8% |
| Q3 2025 | 790 | $3.3B | 33,816,505 | 75 | 150 | 210 | 8.1% |
| Q2 2025 | 770 | $3.2B | 35,191,896 | 94 | 132 | 220 | 6.7% |
| Q1 2025 | 718 | $2.4B | 34,504,846 | 42 | 158 | 223 | 4.5% |
| Q4 2024 | 760 | $2.7B | 35,394,439 | 144 | 149 | 215 | 4.6% |
| Q3 2024 | 618 | $1.8B | 36,693,231 | 37 | 131 | 191 | 0.0% |
| Q2 2024 | 659 | $2.7B | 50,136,649 | 119 | 113 | 204 | 0.0% |
| Q1 2024 | 645 | $4.8B | 76,485,586 | 600 | 7 | 15 | 0.0% |
| Q4 2023 | 46 | $591.6M | 17,102,406 | 8 | 6 | 7 | 0.0% |
| Q3 2023 | 43 | $436.2M | 22,730,553 | 2 | 6 | 9 | 0.0% |
| Q2 2023 | 44 | $445.7M | 23,226,518 | 2 | 10 | 8 | 0.0% |
| Q1 2023 | 42 | $377.9M | 23,101,715 | 3 | 5 | 9 | 0.0% |
| Q4 2022 | 46 | $196.5M | 23,697,327 | 8 | 7 | 13 | 0.0% |
| Q3 2022 | 49 | $86.7M | 7,595,459 | 9 | 8 | 8 | 0.0% |
| Q2 2022 | 45 | $153.6M | 7,957,341 | 5 | 5 | 18 | 0.0% |
| Q1 2022 | 54 | $248.0M | 8,165,701 | 6 | 19 | 12 | 0.0% |
| Q4 2021 | 65 | $328.7M | 9,637,731 | 10 | 19 | 16 | 0.0% |
| Q3 2021 | 58 | $369.9M | 10,927,051 | 8 | 21 | 13 | 0.0% |
| Q2 2021 | 58 | $342.4M | 11,486,137 | 6 | 28 | 14 | 0.0% |
| Q1 2021 | 75 | $538.7M | 10,780,115 | 36 | 23 | 11 | 0.0% |
| Q4 2020 | 41 | $288.2M | 9,006,395 | 18 | 12 | 3 | 0.0% |
| Q3 2020 | 24 | $67.5M | 6,120,180 | 8 | 6 | 2 | 0.0% |
| Q2 2020 | 20 | $42.1M | 4,388,769 | 6 | 10 | 1 | 0.0% |
| Q1 2020 | 16 | $25.9M | 3,637,375 | 6 | 5 | 1 | 0.0% |
| Q4 2019 | 12 | $20.1M | 2,450,231 | 1 | 4 | 1 | 0.0% |
| Q3 2019 | 12 | $15.9M | 1,503,775 | 0 | 3 | 2 | 0.0% |
| Q2 2019 | 13 | $26.8M | 1,770,943 | 4 | 3 | 2 | 0.0% |
| Q1 2019 | 10 | $19.0M | 3,964,825 | 5 | 1 | 2 | 0.0% |
| Q4 2018 | 6 | $14.7M | 3,695,343 | 0 | 0 | 0 | 0.0% |