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 $1.54B 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 $738.90M in its March 31, 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 $682.46M, representing an estimated loss of -7.64% since the filing period.
The top 10 institutional shareholders tracked on this page collectively account for approximately 62% of the total disclosed GBTC value among the investors covered in this analysis. Major shareholders include Horizon Kinetics Asset Management Llc, Lpl Financial Llc, Hightower Advisors, 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
616
Total Reported Value
$1.54B
Largest Holder
Horizon Kinetics Asset Management Llc
Largest Position
$738.90M
Insider Transactions (90d)
0
Latest Filing Quarter
Q2 2026
New Institutional Positions
47
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 | 8.00% | 14,004,882 | $738,897,574 | $682,457,900 | -$56,439,674 | -7.64% | |
| Lpl Financial Llc | 0.01% | 908,340 | $47,923,997 | $44,263,408 | -$3,660,589 | -7.64% | |
| Hightower Advisors, Llc | 0.03% | 614,073 | $32,398,521 | $29,923,777 | -$2,474,744 | -7.64% | |
| Msrh, Llc | 19.61% | 419,620 | $22,139,151 | $20,448,083 | -$1,691,068 | -7.64% | |
| Susquehanna International Group, Llp | 0.03% | 406,900 | $21,468,044 | $19,828,237 | -$1,639,807 | -7.64% | |
| Mad River Investors | 6.86% | 360,139 | $19,000,934 | $17,549,573 | -$1,451,361 | -7.64% | |
| Eagleclaw Capital Managment, Llc | 2.63% | 355,791 | $18,771,533 | $17,337,695 | -$1,433,838 | -7.64% | |
| Wealthfront Advisers Llc | 0.04% | 341,133 | $17,998,177 | $16,623,411 | -$1,374,766 | -7.64% | |
| Moors & Cabot, Inc. | 0.70% | 311,393 | $16,429,095 | $15,174,181 | -$1,254,914 | -7.64% | |
| Vident Advisory, Llc | 0.14% | 303,100 | $15,991,556 | $14,770,063 | -$1,221,493 | -7.64% | |
| Jane Street Group, Llc | 0.01% | 263,972 | $13,927,163 | $12,863,356 | -$1,063,807 | -7.64% | |
| Beaumont Financial Advisors, Llc | 0.94% | 258,734 | $13,650,828 | $12,608,108 | -$1,042,720 | -7.64% | |
| Cresset Asset Management, Llc | 0.06% | 243,712 | $12,858,252 | $11,876,086 | -$982,166 | -7.64% | |
| Kingswood Wealth Advisors, Llc | 0.51% | 278,391 | $12,672,358 | $13,565,993 | +$893,635 | +7.05% | |
| One Charles Private Wealth Services, Llc | 2.72% | 259,750 | $11,823,810 | $12,657,618 | +$833,808 | +7.05% | |
| Focus Partners Wealth | 0.01% | 216,502 | $11,420,223 | $10,550,142 | -$870,081 | -7.62% | |
| Mariner, Llc | 0.01% | 186,939 | $9,859,945 | $9,109,537 | -$750,408 | -7.61% | |
| Cetera Investment Advisers | 0.01% | 174,477 | $9,205,431 | $8,502,264 | -$703,167 | -7.64% | |
| Lido Advisors, Llc | 0.03% | 165,469 | $8,730,157 | $8,063,304 | -$666,853 | -7.64% | |
| Rbf Capital, Llc | 0.42% | 150,000 | $7,914,000 | $7,309,500 | -$604,500 | -7.64% | |
| Commonwealth Equity Services, Llc | 0.01% | 168,831 | $7,685,196 | $8,227,135 | +$541,939 | +7.05% | |
| Sloy Dahl & Holst, Llc | 0.97% | 133,438 | $7,040,190 | $6,502,434 | -$537,756 | -7.64% | |
| Creative Planning | 0.00% | 131,791 | $6,953,293 | $6,422,175 | -$531,118 | -7.64% | |
| Foundations Investment Advisors, Llc | 0.08% | 129,027 | $6,807,488 | $6,287,486 | -$520,002 | -7.64% | |
| Lakewood Capital Management, Lp | 0.42% | 123,500 | $6,515,860 | $6,018,155 | -$497,705 | -7.64% | |
| Atlas Wealth Partners, Llc | 6.94% | 139,612 | $6,355,138 | $6,803,293 | +$448,155 | +7.05% | |
| Pasadena Private Wealth, Llc | 0.86% | 117,623 | $6,205,770 | $5,731,769 | -$474,001 | -7.64% | |
| Ieq Capital, Llc | 0.03% | 117,106 | $6,178,513 | $5,706,575 | -$471,938 | -7.64% | |
| Fielder Capital Group Llc | 1.28% | 111,292 | $5,871,766 | $5,423,259 | -$448,507 | -7.64% | |
| Blair William & Co/Il | 0.02% | 107,079 | $5,649,488 | $5,217,960 | -$431,528 | -7.64% | |
| Wealth Enhancement Advisory Services, Llc | 0.01% | 113,584 | $5,629,207 | $5,534,948 | -$94,259 | -1.67% | |
| Qube Research & Technologies Ltd | 0.01% | 106,452 | $5,616,408 | $5,187,406 | -$429,002 | -7.64% | |
| Iconiq Capital, Llc | 0.12% | 101,575 | $5,359,097 | $4,949,750 | -$409,347 | -7.64% | |
| Slt Holdings Llc | 3.40% | 116,930 | $5,322,654 | $5,697,999 | +$375,345 | +7.05% | |
| Millennium Management Llc | 0.00% | 100,000 | $5,276,000 | $4,873,000 | -$403,000 | -7.64% | |
| Once Capital Management, Llc | 0.96% | 107,700 | $4,902,504 | $5,248,221 | +$345,717 | +7.05% | |
| Larson Financial Group Llc | 0.15% | 90,982 | $4,800,210 | $4,433,553 | -$366,657 | -7.64% | |
| Birch Hill Investment Advisors Llc | 0.19% | 102,850 | $4,681,732 | $5,011,881 | +$330,149 | +7.05% | |
| Morgan Stanley | 0.00% | 86,496 | $4,563,528 | $4,214,950 | -$348,578 | -7.64% | |
| Raymond James Financial Inc | 0.00% | 83,310 | $4,395,436 | $4,059,696 | -$335,740 | -7.64% | |
| Sequoia Financial Advisors | 0.02% | 96,213 | $4,379,617 | $4,688,459 | +$308,842 | +7.05% | |
| Red Door Wealth Management, Llc | 0.39% | 94,987 | $4,323,808 | $4,628,717 | +$304,909 | +7.05% | |
| Kestra Advisory Services, Llc | 0.01% | 94,966 | $4,322,852 | $4,627,693 | +$304,841 | +7.05% | |
| Osaic Holdings, Inc. | 0.01% | 81,188 | $4,283,460 | $3,956,291 | -$327,169 | -7.64% | |
| Advisory Services Network, Llc | 0.05% | 78,172 | $4,124,330 | $3,809,322 | -$315,008 | -7.64% | |
| Van Hulzen Asset Management, Llc | 0.30% | 77,634 | $4,095,970 | $3,783,105 | -$312,865 | -7.64% | |
| Intellectus Partners, Llc | 0.82% | 76,470 | $4,034,531 | $3,726,383 | -$308,148 | -7.64% | |
| Scs Capital Management Llc | 0.04% | 75,857 | $4,002,215 | $3,696,512 | -$305,703 | -7.64% | |
| Mercer Global Advisors Inc | 0.01% | 73,732 | $3,890,125 | $3,592,960 | -$297,165 | -7.64% | |
| Envestnet Asset Management Inc | 0.00% | 72,383 | $3,818,914 | $3,527,224 | -$291,690 | -7.64% |
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.