GRAYSCALE BITCOIN TRUST BTC (GBTC) Institutional Shareholders
GRAYSCALE BITCOIN TRUST BTC (GBTC) is currently reported in institutional portfolios tracked by InsiderSet based on the latest available SEC Form 13F filings for the quarter ended June 30, 2026. The institutional investors covered on this page collectively reported approximately $1.24B in GBTC holdings during the latest filing period.
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 $717.96M, representing an estimated gain of +29.92% since the filing period.
The top 10 institutional shareholders tracked on this page collectively account for approximately 58% of the total disclosed GBTC value among the investors covered in this analysis. Major shareholders include Horizon Kinetics Asset Management Llc, Lpl Financial Llc, Msrh, Llc, 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
594
Total Reported Value
$1.24B
Largest Holder
Horizon Kinetics Asset Management Llc
Largest Position
$552.61M
Insider Transactions (90d)
0
Latest Filing Quarter
Q2 2026
New Institutional Positions
22
Funds Exiting Positions
1
| 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 | $717,959,009 | +$165,346,664 | +29.92% | |
| Lpl Financial Llc | 0.01% | 876,469 | $39,896,851 | $51,834,377 | +$11,937,526 | +29.92% | |
| Msrh, Llc | 19.61% | 419,620 | $22,139,151 | $24,816,327 | +$2,677,176 | +12.09% | |
| Virtu Financial Llc | 0.52% | 360,930 | $16,429,000 | $21,345,400 | +$4,916,400 | +29.93% | |
| Mad River Investors | 6.13% | 360,139 | $16,393,528 | $21,298,620 | +$4,905,092 | +29.92% | |
| Eagleclaw Capital Managment, Llc | 2.19% | 358,216 | $16,305,992 | $21,184,894 | +$4,878,902 | +29.92% | |
| Jane Street Group, Llc | 0.01% | 340,363 | $15,493,324 | $20,129,068 | +$4,635,744 | +29.92% | |
| Citadel Advisors Llc | 0.01% | 314,985 | $14,338,117 | $18,628,213 | +$4,290,096 | +29.92% | |
| Moors & Cabot, Inc. | 0.54% | 303,753 | $13,826,837 | $17,963,952 | +$4,137,115 | +29.92% | |
| Mariner, Llc | 0.01% | 278,538 | $12,679,050 | $16,472,737 | +$3,793,687 | +29.92% | |
| Kingswood Wealth Advisors, Llc | 0.51% | 278,391 | $12,672,358 | $16,464,044 | +$3,791,686 | +29.92% | |
| Wealthfront Advisers Llc | 0.02% | 265,593 | $12,089,793 | $15,707,170 | +$3,617,377 | +29.92% | |
| One Charles Private Wealth Services, Llc | 2.72% | 259,750 | $11,823,810 | $15,361,615 | +$3,537,805 | +29.92% | |
| Beaumont Financial Advisors, Llc | 0.72% | 249,612 | $11,362,357 | $14,762,054 | +$3,399,697 | +29.92% | |
| Cresset Asset Management, Llc | 0.04% | 231,216 | $10,524,958 | $13,674,114 | +$3,149,156 | +29.92% | |
| Quadrature Capital Ltd | 0.08% | 193,414 | $8,804,205 | $11,438,504 | +$2,634,299 | +29.92% | |
| Focus Partners Wealth | 0.01% | 190,971 | $8,693,001 | $11,294,025 | +$2,601,024 | +29.92% | |
| Commonwealth Equity Services, Llc | 0.01% | 168,831 | $7,685,196 | $9,984,665 | +$2,299,469 | +29.92% | |
| Cetera Investment Advisers | 0.01% | 164,245 | $7,476,429 | $9,713,449 | +$2,237,020 | +29.92% | |
| Rbf Capital, Llc | 0.29% | 150,000 | $6,828,000 | $8,871,000 | +$2,043,000 | +29.92% | |
| Atlas Wealth Partners, Llc | 6.94% | 139,612 | $6,355,138 | $8,256,654 | +$1,901,516 | +29.92% | |
| Lido Advisors, Llc | 0.02% | 138,522 | $6,305,532 | $8,192,191 | +$1,886,659 | +29.92% | |
| Sloy Dahl & Holst, Llc | 0.74% | 131,538 | $5,987,611 | $7,779,157 | +$1,791,546 | +29.92% | |
| Wealth Enhancement Advisory Services, Llc | 0.01% | 113,584 | $5,629,207 | $6,717,358 | +$1,088,151 | +19.33% | |
| Lakewood Capital Management, Lp | 0.29% | 123,500 | $5,621,720 | $7,303,790 | +$1,682,070 | +29.92% | |
| Foundations Investment Advisors, Llc | 0.06% | 121,134 | $5,514,040 | $7,163,865 | +$1,649,825 | +29.92% | |
| Pasadena Private Wealth, Llc | 0.68% | 117,609 | $5,353,545 | $6,955,396 | +$1,601,851 | +29.92% | |
| Slt Holdings Llc | 3.40% | 116,930 | $5,322,654 | $6,915,240 | +$1,592,586 | +29.92% | |
| Fielder Capital Group Llc | 1.10% | 111,292 | $5,066,012 | $6,581,809 | +$1,515,797 | +29.92% | |
| Once Capital Management, Llc | 0.96% | 107,700 | $4,902,504 | $6,369,378 | +$1,466,874 | +29.92% | |
| Larson Financial Group Llc | 0.13% | 107,435 | $4,890,441 | $6,353,706 | +$1,463,265 | +29.92% | |
| Blair William & Co/Il | 0.01% | 106,864 | $4,864,449 | $6,319,937 | +$1,455,488 | +29.92% | |
| Birch Hill Investment Advisors Llc | 0.19% | 102,850 | $4,681,732 | $6,082,549 | +$1,400,817 | +29.92% | |
| Convergence Financial, Llc | 0.37% | 102,534 | $4,667,352 | $6,063,861 | +$1,396,509 | +29.92% | |
| Iconiq Capital, Llc | 0.13% | 101,575 | $4,623,694 | $6,007,146 | +$1,383,452 | +29.92% | |
| Millennium Management Llc | 0.00% | 100,000 | $4,552,000 | $5,914,000 | +$1,362,000 | +29.92% | |
| Sequoia Financial Advisors | 0.02% | 96,213 | $4,379,617 | $5,690,037 | +$1,310,420 | +29.92% | |
| Red Door Wealth Management, Llc | 0.39% | 94,987 | $4,323,808 | $5,617,531 | +$1,293,723 | +29.92% | |
| Kestra Advisory Services, Llc | 0.01% | 94,966 | $4,322,852 | $5,616,289 | +$1,293,437 | +29.92% | |
| Osaic Holdings, Inc. | 0.00% | 89,673 | $4,081,896 | $5,303,261 | +$1,221,365 | +29.92% | |
| Traphagen Investment Advisors Llc | 0.27% | 83,314 | $3,792,472 | $4,927,190 | +$1,134,718 | +29.92% | |
| Claro Advisors Inc. | 0.40% | 82,836 | $3,770,707 | $4,898,921 | +$1,128,214 | +29.92% | |
| Morgan Stanley | 0.00% | 78,170 | $3,558,299 | $4,622,974 | +$1,064,675 | +29.92% | |
| Intellectus Partners, Llc | 0.60% | 76,426 | $3,478,893 | $4,519,834 | +$1,040,941 | +29.92% | |
| Mercer Global Advisors Inc | 0.00% | 76,284 | $3,472,435 | $4,511,436 | +$1,039,001 | +29.92% | |
| Advisory Services Network, Llc | 0.04% | 76,121 | $3,465,044 | $4,501,796 | +$1,036,752 | +29.92% | |
| Citrine Capital Llc | 1.28% | 75,952 | $3,457,335 | $4,491,801 | +$1,034,466 | +29.92% | |
| Scs Capital Management Llc | 0.03% | 75,857 | $3,453,011 | $4,486,183 | +$1,033,172 | +29.92% | |
| Susquehanna International Group, Llp | 0.00% | 75,774 | $3,449,232 | $4,481,274 | +$1,032,042 | +29.92% | |
| Farther Finance Advisors, Llc | 0.03% | 73,582 | $3,349,453 | $4,351,639 | +$1,002,186 | +29.92% |
Frequently asked questions about GBTC
Who owns the most GBTC stock?
The largest holders of GBTC are typically major institutional investors such as asset managers and hedge funds reporting on Form 13F. The table above ranks tracked superinvestors by reported position size using the latest available filings for GRAYSCALE BITCOIN TRUST BTC (GBTC).
Is GBTC widely held by superinvestors?
Many widely followed stocks like GBTC appear across numerous superinvestor portfolios because of liquidity, index inclusion, and fundamentals. The holder count and table above show how broadly GBTC is represented among the institutional managers we track.
What do “Current Estimated Value”, “Gain/loss Since Filing”, and “Estimated Portfolio Performance” mean?
Current Estimated Value is reported share quantity from the latest 13F times our most recent split-adjusted U.S. session close. Gain/loss Since Filing is that estimate minus the reported 13F dollar value; Estimated Portfolio Performance is that difference as a percent of the reported value. Green means the estimate is above the filing value; red means below (not purchase cost). If many filers share the same implied filing price per share, the performance % may match across rows. These are not official fund marks or live quotes.