GBTC Institutional Ownership & Shareholders
GRAYSCALE BITCOIN TRUST BTC (GBTC) is currently held by 634 institutional investors tracked by InsiderSet, with a combined reported market value of approximately $1.33B based on the latest available SEC Form 13F filings for the quarter ended June 30, 2026.
Horizon Kinetics Asset Management Llc is currently the largest disclosed institutional shareholder of GBTC tracked by InsiderSet, reporting ownership valued at approximately $552.61M in its June 30, 2026 SEC Form 13F filing. Based on current market prices and the latest disclosed share count, the position is now estimated to be worth approximately $717.72M, representing an estimated gain of +29.88% since the filing period.
The top 10 institutional shareholders tracked on this page collectively account for approximately 55% of the total disclosed GBTC value among the investors covered in this analysis. Major shareholders include Horizon Kinetics Asset Management Llc, Lpl Financial Llc, Mad River Investors, and several other long-term asset managers with concentrated positions in GRAYSCALE BITCOIN TRUST BTC (GBTC).
This page ranks the largest institutional GBTC shareholders using publicly disclosed SEC Form 13F data, including reported values, estimated current holding values, portfolio allocation percentages, ownership concentration metrics, and historical holding changes across major hedge funds and investment firms.
Institutional Holders
634
Total Reported Value
$1.33B
Largest Holder
Horizon Kinetics Asset Management Llc
Largest Position
$552.61M
Insider Transactions (90d)
0
Latest Filing Quarter
Q2 2026
New Institutional Positions
39
Funds Exiting Positions
0
| Name | Investor/Manager | Portfolio % | Quantity | Reported Balance | Current Estimated Value | Gain/loss Since Filing | Estimated Portfolio Performance |
|---|---|---|---|---|---|---|---|
| Horizon Kinetics Asset Management Llc | 6.27% | 12,139,990 | $552,612,345 | $717,716,209 | +$165,103,864 | +29.88% | |
| Lpl Financial Llc | 0.01% | 876,469 | $39,896,851 | $51,816,847 | +$11,919,996 | +29.88% | |
| Mad River Investors | 9.36% | 355,444 | $22,958,128 | $21,013,849 | -$1,944,279 | -8.47% | |
| Msrh, Llc | 19.61% | 419,620 | $22,139,151 | $24,807,934 | +$2,668,783 | +12.05% | |
| Kingswood Wealth Advisors, Llc | 0.69% | 275,448 | $17,791,157 | $16,284,486 | -$1,506,671 | -8.47% | |
| Virtu Financial Llc | 0.52% | 360,930 | $16,429,000 | $21,338,182 | +$4,909,182 | +29.88% | |
| Eagleclaw Capital Managment, Llc | 2.19% | 358,216 | $16,305,992 | $21,177,730 | +$4,871,738 | +29.88% | |
| Beaumont Financial Advisors, Llc | 0.99% | 242,947 | $15,691,973 | $14,363,027 | -$1,328,946 | -8.47% | |
| Jane Street Group, Llc | 0.01% | 340,363 | $15,493,324 | $20,122,261 | +$4,628,937 | +29.88% | |
| Citadel Advisors Llc | 0.01% | 314,985 | $14,338,117 | $18,621,913 | +$4,283,796 | +29.88% | |
| Moors & Cabot, Inc. | 0.54% | 303,753 | $13,826,837 | $17,957,877 | +$4,131,040 | +29.88% | |
| Mariner, Llc | 0.01% | 278,538 | $12,679,050 | $16,467,167 | +$3,788,117 | +29.88% | |
| Wealthfront Advisers Llc | 0.02% | 265,593 | $12,089,793 | $15,701,858 | +$3,612,065 | +29.88% | |
| One Charles Private Wealth Services, Llc | 2.72% | 259,750 | $11,823,810 | $15,356,420 | +$3,532,610 | +29.88% | |
| Cresset Asset Management, Llc | 0.04% | 231,216 | $10,524,958 | $13,669,490 | +$3,144,532 | +29.88% | |
| Quadrature Capital Ltd | 0.08% | 193,414 | $8,804,205 | $11,434,636 | +$2,630,431 | +29.88% | |
| Focus Partners Wealth | 0.01% | 190,971 | $8,693,001 | $11,290,206 | +$2,597,205 | +29.88% | |
| Sloy Dahl & Holst, Llc | 1.18% | 127,073 | $8,207,647 | $7,512,556 | -$695,091 | -8.47% | |
| Commonwealth Equity Services, Llc | 0.01% | 117,017 | $7,558,115 | $6,918,045 | -$640,070 | -8.47% | |
| Slt Holdings Llc | 4.55% | 116,930 | $7,552,509 | $6,912,902 | -$639,607 | -8.47% | |
| Cetera Investment Advisers | 0.01% | 164,245 | $7,476,429 | $9,710,164 | +$2,233,735 | +29.88% | |
| Creative Planning | 0.00% | 110,574 | $7,141,975 | $6,537,135 | -$604,840 | -8.47% | |
| Once Capital Management, Llc | 1.38% | 107,700 | $6,956,343 | $6,367,224 | -$589,119 | -8.47% | |
| Rbf Capital, Llc | 0.29% | 150,000 | $6,828,000 | $8,868,000 | +$2,040,000 | +29.88% | |
| Wealth Enhancement Advisory Services, Llc | 0.01% | 101,177 | $6,385,295 | $5,981,584 | -$403,711 | -6.32% | |
| Atlas Wealth Partners, Llc | 6.94% | 139,612 | $6,355,138 | $8,253,861 | +$1,898,723 | +29.88% | |
| Kestra Advisory Services, Llc | 0.02% | 97,781 | $6,315,675 | $5,780,813 | -$534,862 | -8.47% | |
| Lido Advisors, Llc | 0.02% | 138,522 | $6,305,532 | $8,189,421 | +$1,883,889 | +29.88% | |
| Birch Hill Investment Advisors Llc | 0.26% | 96,150 | $6,210,328 | $5,684,388 | -$525,940 | -8.47% | |
| Lakewood Capital Management, Lp | 0.29% | 123,500 | $5,621,720 | $7,301,320 | +$1,679,600 | +29.88% | |
| Foundations Investment Advisors, Llc | 0.06% | 121,134 | $5,514,040 | $7,161,442 | +$1,647,402 | +29.88% | |
| Traphagen Investment Advisors Llc | 0.37% | 82,915 | $5,355,500 | $4,901,935 | -$453,565 | -8.47% | |
| Pasadena Private Wealth, Llc | 0.68% | 117,609 | $5,353,545 | $6,953,044 | +$1,599,499 | +29.88% | |
| Claro Advisors Inc. | 0.52% | 82,246 | $5,312,286 | $4,862,384 | -$449,902 | -8.47% | |
| Fielder Capital Group Llc | 1.10% | 111,292 | $5,066,012 | $6,579,583 | +$1,513,571 | +29.88% | |
| Citrine Capital Llc | 1.65% | 75,952 | $4,905,740 | $4,490,282 | -$415,458 | -8.47% | |
| Larson Financial Group Llc | 0.13% | 107,435 | $4,890,441 | $6,351,557 | +$1,461,116 | +29.88% | |
| Blair William & Co/Il | 0.01% | 106,864 | $4,864,449 | $6,317,800 | +$1,453,351 | +29.88% | |
| Farther Finance Advisors, Llc | 0.03% | 75,047 | $4,847,286 | $4,436,779 | -$410,507 | -8.47% | |
| Haven Private, Llc | 1.83% | 71,936 | $4,646,346 | $4,252,856 | -$393,490 | -8.47% | |
| Iconiq Capital, Llc | 0.13% | 101,575 | $4,623,694 | $6,005,114 | +$1,381,420 | +29.88% | |
| Variant Private Wealth, Llc | 4.10% | 71,518 | $4,619,328 | $4,228,144 | -$391,184 | -8.47% | |
| Millennium Management Llc | 0.00% | 100,000 | $4,552,000 | $5,912,000 | +$1,360,000 | +29.88% | |
| Sequoia Financial Advisors | 0.02% | 96,213 | $4,379,617 | $5,688,113 | +$1,308,496 | +29.88% | |
| Wealthcare Asset Management, Llc | 3.76% | 67,296 | $4,346,645 | $3,978,540 | -$368,105 | -8.47% | |
| Red Door Wealth Management, Llc | 0.39% | 94,987 | $4,323,808 | $5,615,631 | +$1,291,823 | +29.88% | |
| Osaic Holdings, Inc. | 0.00% | 89,673 | $4,081,896 | $5,301,468 | +$1,219,572 | +29.88% | |
| Pekin Hardy Strauss, Inc. | 0.32% | 56,774 | $3,667,033 | $3,356,479 | -$310,554 | -8.47% | |
| Morgan Stanley | 0.00% | 78,170 | $3,558,299 | $4,621,410 | +$1,063,111 | +29.88% | |
| Legacy Wealth Asset Management, Llc | 0.77% | 54,395 | $3,513,373 | $3,215,832 | -$297,541 | -8.47% |
Frequently asked questions about GBTC
Who are the largest institutional holders of GBTC?
The largest institutional holders of GBTC reported in the latest SEC Form 13F filings include Horizon Kinetics Asset Management Llc, Lpl Financial Llc, Mad River Investors, Msrh, Llc, and Kingswood Wealth Advisors, Llc. InsiderSet ranks institutional holders by their latest reported GBTC position.
What is GBTC institutional ownership?
This page tracks GBTC positions reported by institutional investment managers through SEC Form 13F. GRAYSCALE BITCOIN TRUST BTC (GBTC) institutional ownership on InsiderSet reflects disclosed 13F holdings among the managers we analyze, not every shareholder of the stock.
How many institutions own GBTC?
InsiderSet currently tracks 634 institutional managers reporting GBTC holdings in the latest available 13F data. This count reflects institutions included in the SEC Form 13F filings analyzed by InsiderSet and should not be interpreted as the total number of GBTC shareholders.
How much GBTC stock do institutions own?
Institutional investment managers disclosed approximately $1.33B in GBTC holdings for Q2 2026. This figure is reported 13F value as of the filing period, not necessarily today's market value.
When was GBTC institutional ownership last updated?
The latest GBTC institutional ownership data on InsiderSet is based on SEC Form 13F filings for the quarter ended June 30, 2026. Form 13F filings are generally reported after the quarter ends, so the holdings shown represent the latest publicly disclosed positions rather than real-time institutional holdings.
Are institutional GBTC holdings real-time?
No. Form 13F data is not real-time. It represents positions reported by institutional investment managers as of the end of the reporting quarter. An institution may have changed its GBTC position after the reporting date.
Are institutions buying or selling GBTC?
Institutional buying and selling can be analyzed by comparing GBTC positions across consecutive 13F reporting periods. InsiderSet's GBTC Ownership Changes page shows institutions that increased, reduced, initiated, or exited positions based on reported 13F holdings. View GBTC ownership changes.
How has GBTC institutional ownership changed over time?
InsiderSet tracks GBTC institutional holdings across multiple 13F reporting periods, allowing investors to compare institutional holder counts, reported value, and reported shares over time.