% of shares outstanding is not shown for GBTC: this is a fund line, and we hold no cover-page share count for it at any quarter — a fund's shares outstanding move with creations and redemptions rather than with issuance and buybacks, and it is not the SEC cover-page count this percentage is defined against. The figure is withheld rather than computed against a count that does not exist. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for GBTC in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| HORIZON KINETICS ASSET MANAGEMENT LLC | 15.2M | 14.7M | 14.6M | 14.2M | 14.1M | 14.0M | $739M |
| LPL Financial LLC | 1.1M | 1.1M | 1.0M | 1.0M | 977K | 908K | $48M |
| HighTower Advisors, LLC | 669K | 666K | 650K | 626K | 620K | 614K | $32M |
| Greenwich Wealth Management LLC | 644K | 641K | 637K | 637K | 635K | 634K | $31M |
| MSRH, LLC | — | — | — | — | 422K | 420K | $22M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 37K | 34K | 191K | 156K | 521K | 407K | $21M |
| MAD RIVER INVESTORS | 386K | 372K | 372K | 361K | 360K | 360K | $19M |
| EagleClaw Capital Managment, LLC | 403K | 399K | 389K | 334K | 333K | 356K | $19M |
| Wealthfront Advisers LLC | 442K | 423K | 397K | 373K | 355K | 341K | $18M |
| Moors & Cabot, Inc. | 363K | 328K | 322K | 316K | 316K | 311K | $16M |
| Vident Advisory, LLC | — | — | — | 2K | 2K | 303K | $16M |
| Virtu Financial LLC | 84K | 113K | 158K | 23K | 56K | 283K | $15M |
| KINGSWOOD WEALTH ADVISORS, LLC | 285K | 286K | 282K | 285K | 284K | 280K | $15M |
| One Charles Private Wealth Services, LLC | 295K | 293K | 292K | 289K | 279K | 277K | $15M |
| JANE STREET GROUP, LLC | 203K | 320K | 1.0M | 245K | 23K | 264K | $14M |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| Vident Advisory, LLC | +301,600 | $16M | ADD |
| JANE STREET GROUP, LLC | +240,831 | $13M | ADD |
| Virtu Financial LLC | +227,247 | $12M | ADD |
| Qube Research & Technologies Ltd | +106,452 | $6M | OPEN |
| Ridgepath Capital Management LLC | +50,324 | $3M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Multicoin Capital Management, LLC | −302,251 | $16M | CLOSE |
| DRW Securities, LLC | −232,691 | $12M | CLOSE |
| OLD MISSION CAPITAL LLC | −221,544 | $12M | CLOSE |
| RBF Capital, LLC | −150,000 | $8M | TRIM |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | −114,172 | $6M | TRIM |
The 2025-Q4 register is as-filed in ITS OWN share basis; every count below was rebased into the 2026-Q1 basis (no split in between, factor 1). Dollar figures value the SHARE delta at one price — the 2026-03-31 close — rather than differencing two filings' own reported values, which would mix the quarter's price move into the trade figure.
13Fs disclose LONG US-listed positions only — shorts, most derivatives, bonds and non-US listings are invisible here, and a filer's quarter-over-quarter change is not necessarily a trade (index rebalances, in-kind transfers and entity successions all read as flow).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 648 | 31,549,795 | — | $1.7B |
| 2025-Q4 | 736 | 33,042,910 | — | $2.3B |
| 2025-Q3 | 783 | 33,690,068 | — | $3.0B |
| 2025-Q2 | 762 | 35,195,329 | — | $3.0B |
| 2025-Q1 | 710 | 35,472,963 | — | $2.2B |
| 2024-Q4 | 753 | 35,333,905 | — | $2.6B |
| 2024-Q3 | 618 | 36,688,458 | — | $1.8B |
| 2024-Q2 | 659 | 50,127,372 | — | $2.7B |
| 2024-Q1 | 643 | 76,475,674 | — | $4.8B |
| 2023-Q4 | 46 | 17,106,479 | — | $592M |
| 2023-Q3 | 43 | 22,733,182 | — | $436M |
| 2023-Q2 | 44 | 23,229,208 | — | $446M |
| 2023-Q1 | 42 | 23,104,344 | — | $378M |
| 2022-Q4 | 47 | 23,700,056 | — | $196M |
| 2022-Q3 | 50 | 7,600,163 | — | $87M |
| 2022-Q2 | 46 | 7,962,380 | — | $154M |
| 2022-Q1 | 56 | 8,170,710 | — | $248M |
| 2021-Q4 | 66 | 9,641,514 | — | $329M |
| 2021-Q3 | 59 | 10,938,858 | — | $370M |
| 2021-Q2 | 59 | 11,486,150 | — | $342M |
| 2021-Q1 | 75 | 10,780,115 | — | $539M |
| 2020-Q4 | 42 | 9,128,689 | — | $292M |
| 2020-Q3 | 24 | 6,120,180 | — | $68M |
| 2020-Q2 | 20 | 4,388,769 | — | $42M |
| 2020-Q1 | 17 | 3,637,425 | — | $26M |
| 2019-Q4 | 12 | 2,450,231 | — | $20M |
| 2019-Q3 | 12 | 1,503,775 | — | $16M |
| 2019-Q2 | 13 | 1,770,943 | — | $27M |
| 2019-Q1 | 11 | 3,964,916 | — | $19M |
| 2018-Q4 | 6 | 3,695,343 | — | $15M |
| 2018-Q3 | 1 | 20,930 | — | $166,000 |
| 2018-Q2 | 1 | 20,930 | — | $179,000 |
| 2018-Q1 | 1 | 20,930 | — | $220,000 |
| 2017-Q4 | 1 | 223 | — | $450,000 |
| 2017-Q3 | 1 | 235 | — | $165,000 |
| 2017-Q2 | 1 | 224 | — | $87,000 |
| 2017-Q1 | 1 | 224 | — | $26,000 |
| 2016-Q1 | 1 | 1,047 | — | $4,000 |
