Vault-13

EXCHANGE TRADED CONCEPTS TRU

BITWISE CRYPTO · ETP · CUSIP 301505624

58 institutional holders +3 vs Q1 2023
2,694,8952.7m shares reported held*
$21.7mreported value*
10 new 9 added 18 reduced 8 sold out net bought ≈ $839.6k (+104.2k 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 ≈ $8.05. Options: 1 managers hold calls ($126.4k notional), 1 hold puts ($86.9k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 54Q4 22: 58Q1 23: 55Q2 23: 5858Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202254
Q4 202258
Q1 202355
Q2 202358

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 28 bought or addedQ4 22: 26 cut or sold outQ4 22Q1 23: 21 bought or addedQ1 23: 26 cut or sold outQ1 23Q2 23: 19 bought or addedQ2 23: 26 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222826
Q1 20232126
Q2 20231926

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500k$1m$1.5mQ3 22 calls: $1.5mQ3 22 puts: $238.0kQ3 22P/C 0.16Q4 22 calls: $410.9kQ4 22 puts: $95.3kQ4 22P/C 0.23Q1 23 calls: $511.3kQ1 23 puts: $98.0kQ1 23P/C 0.19Q2 23 calls: $126.4kQ2 23 puts: $86.9kQ2 23P/C 0.69
Numbers
QuarterCallsPutsP/C
Q3 2022$1.5m$238.0k0.16
Q4 2022$410.9k$95.3k0.23
Q1 2023$511.3k$98.0k0.19
Q2 2023$126.4k$86.9k0.69

Biggest buyers

INDEPENDENT FINANCIAL GROUP, LLC Added +74,244+74.2k
CORA CAPITAL ADVISORS LLC Added +69,242+69.2k
Main Management ETF Advisors, LLC Added +60,435+60.4k
Oxinas Partners, LLC New +21,500+21.5k
LPL Financial LLC New +21,418+21.4k
Wick Capital Partners, LLC New +15,177+15.2k
AE Wealth Management LLC New +11,932+11.9k
Cetera Advisor Networks LLC Added +10,833+10.8k
ENVESTNET ASSET MANAGEMENT INC Added +9,693+9.7k
Realta Investment Advisors New +8,141+8.1k

Biggest sellers

JANE STREET GROUP, LLC Sold out -88,925-88.9k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -27,433-27.4k
Mariner, LLC Reduced -15,681-15.7k
STIFEL FINANCIAL CORP Reduced -11,295-11.3k
Betterment LLC Reduced -10,737-10.7k
Cambridge Investment Research Advisors, Inc. Reduced -6,151-6.2k
JPMORGAN CHASE & CO Sold out -6,092-6.1k
One Charles Private Wealth Services, LLC Reduced -5,665-5.7k
Orion Porfolio Solutions, LLC Reduced -5,046-5.0k
Orion Portfolio Solutions, LLC Reduced -5,046-5.0k

Biggest calls

CITADEL ADVISORS LLC Reduced $126.4k15.7k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $86.9k10.8k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Main Management ETF Advisors, LLC 0.43% of their portfolio SAN FRANCISCO, CA 741,810741.8k $6.0m $6.0m 0.43% Added +60.4k +60,435
2 INDEPENDENT FINANCIAL GROUP, LLC 0.20% of their portfolio SAN DIEGO, CA 356,982357.0k $2.9m $2.9m 0.20% Added +74.2k +74,244
3 Cetera Advisors LLC 0.04% of their portfolio DENVER, CO 287,042287.0k $2.3m $2.3m 0.04% Reduced -4.0k -3,955
4 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 144,654144.7k $1.2m $1.2m 0.00% Reduced -11.3k -11,295
5 Betterment LLC 0.00% of their portfolio NEW YORK, NY 126,742126.7k $1.0m $1.0m 0.00% Reduced -10.7k -10,737
6 One Charles Private Wealth Services, LLC 0.49% of their portfolio HINGHAM, MA 104,151104.2k $838.4k $838.4k 0.49% Reduced -5.7k -5,665
7 Mariner, LLC 0.00% of their portfolio Overland Park, KS 101,741101.7k $819.0k $819.0k 0.00% Reduced -15.7k -15,681
8 AdvisorNet Financial, Inc 0.06% of their portfolio MINNETONKA, MN 90,99691.0k $732.5k $732.5k 0.06% Reduced -2.4k -2,449
9 CORA CAPITAL ADVISORS LLC 0.47% of their portfolio MARLTON, NJ 88,26488.3k $710.5k $710.5k 0.47% Added +69.2k +69,242
10 Strategic Family Wealth Counselors, L.L.C. 0.29% of their portfolio FAIRFIELD, NJ 77,69277.7k $625.4k $625.4k 0.29% Unchanged
11 Apeiron RIA LLC 0.20% of their portfolio Dallas, TX 70,88270.9k $570.6k $570.6k 0.20% Added +786 +786
12 Wellspring Financial Advisors, LLC 0.12% of their portfolio CLEVELAND, OH 50,65150.7k $407.7k $407.7k 0.12% Unchanged
13 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 41,17941.2k $331.0k $331.0k 0.00% Reduced -6.2k -6,151
14 Soltis Investment Advisors LLC 0.04% of their portfolio ST. GEORGE, UT 38,17938.2k $307.3k $307.3k 0.04% Reduced -1.4k -1,395
15 FAGAN ASSOCIATES, INC. 0.06% of their portfolio TROY, NY 31,78831.8k $255.9k $255.9k 0.06% Reduced -123 -123
16 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 29,76529.8k $239.6k $239.6k 0.00% Added +10.8k +10,833
17 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 28,90028.9k $232.6k $232.6k 0.00% Added +9.7k +9,693
18 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 26,87426.9k $216.0k $216.0k 0.00% Reduced -27.4k -27,433
19 BRANDYWINE OAK PRIVATE WEALTH LLC 0.02% of their portfolio Kennett Square, PA 24,86224.9k $200.1k $200.1k 0.02% Unchanged
20 Oxinas Partners, LLC 0.11% of their portfolio JEFFERSONVILLE, IN 21,50021.5k $173.1k $173.1k 0.11% New
21 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 21,41821.4k $172.4k $172.4k 0.00% New
22 Bordeaux Wealth Advisors LLC 0.06% of their portfolio MENLO PARK, CA 17,82417.8k $143.5k $143.5k 0.06% Unchanged
23 Claro Advisors Inc. 0.03% of their portfolio BOSTON, MA 16,42716.4k $132.2k $132.2k 0.03% Reduced -78 -78
24 Wick Capital Partners, LLC 0.07% of their portfolio WAYNE, PA 15,17715.2k $122.2k $122.2k 0.07% New
25 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 13,18713.2k $106.2k $106.2k 0.00% Reduced -620 -620
26 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 12,65112.7k $102.0k $102.0k 0.00% Added +430 +430
27 Intercontinental Wealth Advisors, LLC 0.02% of their portfolio SAN ANTONIO, TX 12,00012.0k $96.6k $96.6k 0.02% Unchanged
28 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 11,93211.9k $96.1k $96.1k 0.00% New
29 Mason & Associates Inc 0.02% of their portfolio LOS ANGELES, CA 10,52010.5k $84.7k $84.7k 0.02% Reduced -2.7k -2,658
30 Impact Partnership Wealth, LLC 0.03% of their portfolio MARIETTA, GA 10,49810.5k $84.5k $84.5k 0.03% First filing
31 Precision Wealth Strategies, LLC 0.14% of their portfolio SAINT LOUIS, MO 10,26610.3k $82.6k $82.6k 0.14% Reduced -282 -282
32 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 10,23310.2k $82.4k $82.4k 0.00% Reduced -5.0k -5,046
33 Orion Portfolio Solutions, LLC 0.00% of their portfolio Omaha, NE 10,23310.2k $82.4k $82.4k 0.00% Reduced -5.0k -5,046
34 Realta Investment Advisors 0.01% of their portfolio WILMINGTON, DE 8,1418.1k $65.5k $65.5k 0.01% New
35 Main Management LLC 0.00% of their portfolio SAN FRANCISCO, CA 5,8525.9k $47.0k $47.0k 0.00% Reduced -2.8k -2,817
36 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 5,7205.7k $46.0k $46.0k 0.00% Added +5.1k +5,097
37 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 3,8513.9k $31.0k $31.0k 0.00% New
38 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3,5173.5k $29.1k $29.1k 0.00% Unchanged
39 BDO Wealth Advisors, LLC 0.00% of their portfolio JACKSONVILLE, FL 1,7901.8k $14.4k $14.4k 0.00% Unchanged
40 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,4461.4k $11.6k $11.6k 0.00% Unchanged
41 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,1301.1k $9.1k $9.1k 0.00% Unchanged
42 Glen Eagle Advisors, LLC 0.00% of their portfolio KINGSTON, NJ 941941 $7.6k $7.6k 0.00% New
43 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 800800 $6.4k $6.4k 0.00% Unchanged
44 AllSquare Wealth Management LLC 0.00% of their portfolio ALBANY, NY 772772 $5.5k $5.5k 0.00% Unchanged
45 Asset Dedication, LLC 0.00% of their portfolio SAN FRANCISCO, CA 758758 $6.0k $6.0k 0.00% Unchanged
46 JNBA Financial Advisors 0.00% of their portfolio BLOOMINGTON, MN 550550 $4.4k $4.4k 0.00% Unchanged
47 Baker Avenue Asset Management, LP 0.00% of their portfolio SAN FRANCISCO, CA 536536 $4.3k $4.3k 0.00% New
48 WealthPlan Investment Management, LLC 0.00% of their portfolio OMAHA, NE 518518 $4.2k $4.2k 0.00% Unchanged
49 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 468468 $3.7k $3.7k 0.00% Unchanged
50 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 339339 $2.7k $2.7k 0.00% Added +250 +250
51 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 200200 $1.6k $1.6k 0.00% New
52 Tradewinds Capital Management, LLC 0.00% of their portfolio BELLINGHAM, WA 200200 $1.6k $1.6k 0.00% Unchanged
53 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 155155 $1.2k $1.2k 0.00% Unchanged
54 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 128128 $3.8k $3.8k 0.00% New
55 Concord Wealth Partners 0.00% of their portfolio ABINGDON, VA 5353 $427 $427 0.00% Unchanged
56 Robbins Farley 0.00% of their portfolio BEDFORD, NH 1010 $81 $81 0.00% Unchanged
57 FMR LLC 0.00% of their portfolio BOSTON, MA 00 $1 $1 0.00% Reduced -2 -2
58 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged