GRAYSCALE BITCOIN TRUST BTC (GBTC) Institutional Ownership Changes & 13F Activity
GRAYSCALE BITCOIN TRUST BTC (GBTC). Institutional ownership data tracks hedge funds, asset managers, and other institutional investors based on recent SEC Form 13F filings (Q4 2025). This page analyzes institutional buying and selling activity, new holdings, and sold-out positions in the latest reporting period. Notable filers include Msrh, Llc, Virtu Financial Llc, Osbon Capital Management Llc, Seal Cove Capital, Llc, and Oaktrust Wealth Advisors, Llc.
| Institution | Type | Change in shares | Change Position % | Shares | Reported stock balance | Portfolio quarter | Filing date |
|---|---|---|---|---|---|---|---|
| Redwood Investment Management, Llc | Sell | -2,568 | -100.0% | 0 | $0.00 | Q4 2025 | Aug 26, 2026 |
| Dakota Wealth Management | Sell | -9 | -0.1% | 11,922 | $814.99K | Q4 2025 | Aug 26, 2026 |
| Kerr Financial Planning Corp | Buy | +400 | +26.8% | 1,890 | $96.49K | Q4 2025 | Jul 01, 2026 |
| Seal Cove Capital, Llc | Buy | +24,516 | — | 24,516 | $1.68M | Q4 2025 | May 15, 2026 |
| Independent Financial Group, Llc | Sell | -1,989 | -3.6% | 53,929 | $3.69M | Q4 2025 | May 15, 2026 |
| National Philanthropic Trust | Buy | +500 | +4.0% | 12,889 | $881.09K | Q4 2025 | May 15, 2026 |
| Walsh & Associates, Llc | Buy | +1,000 | — | 1,000 | $68.36K | Q4 2025 | May 14, 2026 |
| Westco Advisory Services Inc | Buy | +8,648 | — | 8,648 | $591.18K | Q4 2025 | May 13, 2026 |
| Strategic Wealth Partners, Ltd. | Buy | +7,834 | — | 7,834 | $535.53K | Q4 2025 | May 12, 2026 |
| Vision Retirement, Llc | Buy | +1,417 | — | 1,417 | $96.87K | Q4 2025 | May 07, 2026 |
| Medallion Wealth Advisors, Llc | Sell | -10 | -8.5% | 108 | $7.38K | Q4 2025 | Apr 24, 2026 |
| Northern Lights Advisors, Inc. | Buy | +6,240 | — | 6,240 | $426.57K | Q4 2025 | Apr 20, 2026 |
| Red Reef Advisors Llc | Buy | +5,490 | — | 5,490 | $375.30K | Q4 2025 | Apr 08, 2026 |
| Unify Financial Advisors | Buy | +2,970 | — | 2,970 | $203.03K | Q4 2025 | Apr 08, 2026 |
| Estate Planners Group, Llc | Buy | +342 | — | 342 | $23.38K | Q4 2025 | Apr 07, 2026 |
| Msrh, Llc | Buy | +422,078 | — | 422,078 | $28.85M | Q4 2025 | Apr 06, 2026 |
| Financial Insights, Inc. | Sell | -2,616 | -100.0% | 0 | $0.00 | Q4 2025 | Apr 01, 2026 |
| Fell Capital Management | Buy | +3,390 | — | 3,390 | $231.74K | Q4 2025 | Mar 27, 2026 |
| Bison Wealth, Llc | Buy | +7,740 | — | 7,740 | $422.99K | Q4 2025 | Mar 24, 2026 |
| Osbon Capital Management Llc | Buy | +27,485 | — | 27,485 | $1.88M | Q4 2025 | Mar 16, 2026 |
| Fund Advisors Of America Inc/Fl | Buy | +12,160 | — | 12,160 | $831.26K | Q4 2025 | Mar 13, 2026 |
| Compass Financial Group, Inc. (Ohio) | Buy | +3,121 | — | 3,121 | $213.35K | Q4 2025 | Mar 04, 2026 |
| Shp Wealth Management | Buy | +4 | — | 4 | $273.00 | Q4 2025 | Mar 04, 2026 |
| Ncm Capital Management, Llc | Buy | +6,823 | — | 6,823 | $466.42K | Q4 2025 | Mar 02, 2026 |
| Oaktrust Wealth Advisors, Llc | Buy | +18,627 | — | 18,627 | $1.27M | Q4 2025 | Feb 27, 2026 |
| Strategic Investment Solutions, Inc. | Buy | +209 | — | 209 | $14.29K | Q4 2025 | Feb 27, 2026 |
| Tru Independence Asset Management 2, Llc | Buy | +5,050 | — | 5,050 | $345.22K | Q4 2025 | Feb 24, 2026 |
| Virtu Financial Llc | Buy | +55,584 | — | 55,584 | $3.80M | Q4 2025 | Feb 23, 2026 |
| Beaird Harris Wealth Management, Llc | Buy | +7,861 | — | 7,861 | $537.38K | Q4 2025 | Feb 23, 2026 |
| Mv Capital Management, Inc. | Buy | +12 | — | 12 | $821.00 | Q4 2025 | Feb 23, 2026 |
Frequently asked questions about GBTC activity
Which institutional owners are buying GBTC?
Institutional owners buying GBTC include investors who have either initiated new positions or increased their existing holdings based on recent SEC 13F filings. The activity table above highlights which funds added shares in the latest reporting periods and how their positions changed over time.
What does "buy" mean in GBTC activity?
"Buy" means an investor increased their reported position in GBTC compared to the prior reporting period. This reflects growing exposure to GRAYSCALE BITCOIN TRUST BTC (GBTC) rather than necessarily a brand-new position (though new positions also appear as buys when prior quantity was zero).
Is institutional interest in GBTC increasing?
Institutional interest in GBTC can be assessed by comparing the number of tracked funds adding or increasing positions versus those trimming or exiting across the periods shown. A higher number of additions typically signals increasing participation among large filers, but it should be read alongside position sizes and the full table.