EXCHANGE TRADED CONCEPTS TRU
BITWISE CRYPTO · ETP · CUSIP 301505624
55
institutional holders
-3 vs Q4 2022
2.6m
shares reported held*
$15.1mreported value*
7 new
14 added
17 reduced
9 sold out
net sold ≈ $549.6k (-93.6k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $5.87. Options: 2 managers hold calls ($511.3k notional), 1 hold puts ($98.0k).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 54 |
| Q4 2022 | 58 |
| Q1 2023 | 55 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 28 | 26 |
| Q1 2023 | 21 | 26 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $1.5m | $238.0k | 0.16 |
| Q4 2022 | $410.9k | $95.3k | 0.23 |
| Q1 2023 | $511.3k | $98.0k | 0.19 |
Biggest buyers
| Main Management ETF Advisors, LLC | Added | +386.3k |
| INDEPENDENT FINANCIAL GROUP, LLC | Added | +91.1k |
| FAGAN ASSOCIATES, INC. | New | +31.9k |
| JANE STREET GROUP, LLC | Added | +27.1k |
| Cetera Advisors LLC | Added | +23.4k |
| AdvisorNet Financial, Inc | Added | +23.0k |
| CORA CAPITAL ADVISORS LLC | New | +19.0k |
| Orion Porfolio Solutions, LLC | New | +15.3k |
| Orion Portfolio Solutions, LLC | New | +15.3k |
| STIFEL FINANCIAL CORP | Added | +7.6k |
Biggest sellers
| Atria Investments, Inc | Sold out | -307.9k |
| Mariner, LLC | Reduced | -183.6k |
| OLD MISSION CAPITAL LLC | Sold out | -86.9k |
| FLOW TRADERS U.S. LLC | Sold out | -65.9k |
| COMMONWEALTH EQUITY SERVICES, LLC | Reduced | -25.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -25.3k |
| GUARDIAN WEALTH ADVISORS, LLC / NC | Reduced | -15.8k |
| Aptus Capital Advisors, LLC | Reduced | -15.8k |
| Arete Wealth Advisors, LLC | Sold out | -10.8k |
| Realta Investment Advisors | Sold out | -8.1k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $322.9k55.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $188.4k32.1k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $98.0k16.7k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| Main Management ETF Advisors, LLC 0.34% of their portfolio | 681.4k $4.0m | Added +386.3k |
| Cetera Advisors LLC 0.03% of their portfolio | 291.0k $1.7m | Added +23.4k |
| INDEPENDENT FINANCIAL GROUP, LLC 0.13% of their portfolio | 282.7k $1.7m | Added +91.1k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 155.9k $915.4k | Added +7.6k |
| Betterment LLC 0.00% of their portfolio | 137.5k $807.0k | Added +6.7k |
| Mariner, LLC 0.00% of their portfolio | 117.4k $689.0k | Reduced -183.6k |
| One Charles Private Wealth Services, LLC 0.40% of their portfolio | 109.8k $644.6k | Added +2.3k |
| AdvisorNet Financial, Inc 0.05% of their portfolio | 93.4k $548.5k | Added +23.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 88.9k $522.0k | Added +27.1k |
| Strategic Family Wealth Counselors, L.L.C. 0.22% of their portfolio | 77.7k $456.1k | Unchanged |
| Apeiron RIA LLC 0.14% of their portfolio | 70.1k $411.2k | Added +6.6k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 54.3k $318.0k | Reduced -25.9k |
| Wellspring Financial Advisors, LLC 0.09% of their portfolio | 50.7k $297.3k | Unchanged |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 47.3k $278.0k | Reduced -3.9k |
| Soltis Investment Advisors LLC 0.03% of their portfolio | 39.6k $232.3k | Added +3.3k |
| FAGAN ASSOCIATES, INC. 0.05% of their portfolio | 31.9k $187.3k | New |
| BRANDYWINE OAK PRIVATE WEALTH LLC 0.02% of their portfolio | 24.9k $145.9k | Added +6.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 19.2k $112.7k | Reduced -2.1k |
| CORA CAPITAL ADVISORS LLC 0.08% of their portfolio | 19.0k $111.7k | New |
| Cetera Advisor Networks LLC 0.00% of their portfolio | 18.9k $111.1k | Reduced -70 |
| Bordeaux Wealth Advisors LLC 0.05% of their portfolio | 17.8k $104.6k | Unchanged |
| Claro Advisors Inc. 0.03% of their portfolio | 16.5k $96.9k | Reduced -896 |
| Orion Porfolio Solutions, LLC 0.00% of their portfolio | 15.3k $89.7k | New |
| Orion Portfolio Solutions, LLC 0.00% of their portfolio | 15.3k $89.7k | New |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 13.8k $81.0k | Reduced -2.1k |
| Mason & Associates Inc 0.02% of their portfolio | 13.2k $77.4k | Unchanged |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 12.2k $72.0k | Reduced -1.1k |
| Intercontinental Wealth Advisors, LLC 0.02% of their portfolio | 12.0k $70.4k | Unchanged |
| Precision Wealth Strategies, LLC 0.10% of their portfolio | 10.5k $61.9k | Reduced -193 |
| Main Management LLC 0.01% of their portfolio | 8.7k $51.0k | Added +1.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 6.1k $35.8k | Added +5.9k |
| Aptus Capital Advisors, LLC 0.00% of their portfolio | 4.4k $25.9k | Reduced -15.8k |
| GUARDIAN WEALTH ADVISORS, LLC / NC 0.00% of their portfolio | 4.4k $25.9k | Reduced -15.8k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 3.5k $20.7k | Reduced -200 |
| Advisory Services Network, LLC 0.00% of their portfolio | 3.4k $19.7k | Unchanged |
| BDO Wealth Advisors, LLC 0.00% of their portfolio | 1.8k $10.5k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 1.4k $8.5k | Added +875 |
| Parallel Advisors, LLC 0.00% of their portfolio | 1.1k $6.6k | Unchanged |
| Front Row Advisors LLC 0.00% of their portfolio | 1.0k $6.0k | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 800 $4.7k | Reduced -2.1k |
| AllSquare Wealth Management LLC 0.00% of their portfolio | 772 $4.5k | Unchanged |
| Asset Dedication, LLC 0.00% of their portfolio | 758 $4.0k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 710 $4.2k | Reduced -3.6k |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 623 $3.0k | Reduced -3.1k |
| JNBA Financial Advisors 0.00% of their portfolio | 550 $3.2k | Unchanged |
| WealthPlan Investment Management, LLC 0.00% of their portfolio | 518 $3.0k | New |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 468 $2.7k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 240 $1.0k | New |
| Tradewinds Capital Management, LLC 0.00% of their portfolio | 200 $1.2k | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 155 $908 | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 89 $522 | Reduced -150 |
| Concord Wealth Partners 0.00% of their portfolio | 53 $311 | Unchanged |
| Robbins Farley 0.00% of their portfolio | 10 $59 | Reduced -5 |
| FMR LLC 0.00% of their portfolio | 2 $12 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |