EXCHANGE TRADED CONCEPTS TRU
BITWISE CRYPTO · ETP · CUSIP 301505624
67
institutional holders
+7 vs Q3 2023
3.7m
shares reported held*
$43.3mreported value*
13 new
19 added
13 reduced
10 sold out
net bought ≈ $10.1m (+1.5m 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 ≈ $11.56. Options: 2 managers hold calls ($508.8k notional), 1 hold puts ($34.8k).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 54 |
| Q4 2022 | 58 |
| Q1 2023 | 55 |
| Q2 2023 | 58 |
| Q3 2023 | 60 |
| Q4 2023 | 67 |
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 |
| Q2 2023 | 19 | 26 |
| Q3 2023 | 24 | 21 |
| Q4 2023 | 32 | 23 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $511.3k | $98.0k | 0.19 |
| Q2 2023 | $126.4k | $86.9k | 0.69 |
| Q3 2023 | $34.8k | $22.8k | 0.65 |
| Q4 2023 | $508.8k | $34.8k | 0.07 |
Biggest buyers
| Main Management ETF Advisors, LLC | Added | +768.9k |
| INDEPENDENT FINANCIAL GROUP, LLC | Added | +170.5k |
| JPMORGAN CHASE & CO | Added | +132.0k |
| Atria Investments, Inc | New | +102.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +94.2k |
| Gainplan LLC | New | +83.9k |
| JANE STREET GROUP, LLC | Added | +52.6k |
| STIFEL FINANCIAL CORP | Added | +28.3k |
| OPPENHEIMER & CO INC | New | +25.0k |
| Arete Wealth Advisors, LLC | New | +22.1k |
Biggest sellers
| AdvisorNet Financial, Inc | Reduced | -21.3k |
| Oxinas Partners, LLC | Reduced | -20.2k |
| Betterment LLC | Reduced | -19.5k |
| Kestra Advisory Services, LLC | Sold out | -13.7k |
| Precision Wealth Strategies, LLC | Sold out | -10.1k |
| Cetera Advisors LLC | Reduced | -10.0k |
| Realta Investment Advisors | Sold out | -8.1k |
| Impact Partnership Wealth, LLC | Reduced | -7.1k |
| One Charles Private Wealth Services, LLC | Reduced | -3.7k |
| Qube Research & Technologies Ltd | Sold out | -2.1k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $377.8k32.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $131.0k11.3k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $34.8k3.0k 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, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| Main Management ETF Advisors, LLC 0.62% of their portfolio | 908.9k $10.5m | Added +768.9k |
| INDEPENDENT FINANCIAL GROUP, LLC 0.42% of their portfolio | 678.1k $7.9m | Added +170.5k |
| Cetera Advisors LLC 0.05% of their portfolio | 291.4k $3.4m | Reduced -10.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 259.3k $3.0m | Added +132.0k |
| One Charles Private Wealth Services, LLC 0.65% of their portfolio | 105.7k $1.2m | Reduced -3.7k |
| CORA CAPITAL ADVISORS LLC 0.72% of their portfolio | 104.9k $1.2m | Added +7.8k |
| Atria Investments, Inc 0.02% of their portfolio | 102.0k $1.2m | New |
| Mariner, LLC 0.00% of their portfolio | 101.1k $1.2m | Added +2.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 94.2k $1.1m | New |
| Betterment LLC 0.00% of their portfolio | 89.8k $1.0m | Reduced -19.5k |
| Gainplan LLC 0.51% of their portfolio | 83.9k $972.8k | New |
| Strategic Family Wealth Counselors, L.L.C. 0.38% of their portfolio | 77.7k $900.5k | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 77.2k $895.3k | Added +16.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 67.5k $782.8k | Added +52.6k |
| Apeiron RIA LLC 0.22% of their portfolio | 60.3k $698.3k | Added +4.9k |
| Wellspring Financial Advisors, LLC 0.15% of their portfolio | 51.1k $592.4k | Added +460 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 50.5k $585.0k | Added +28.3k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 39.0k $452.0k | Reduced -1.2k |
| Soltis Investment Advisors LLC 0.05% of their portfolio | 35.1k $406.6k | Reduced -2.0k |
| FAGAN ASSOCIATES, INC. 0.08% of their portfolio | 31.5k $364.8k | Unchanged |
| AdvisorNet Financial, Inc 0.03% of their portfolio | 27.7k $321.4k | Reduced -21.3k |
| OPPENHEIMER & CO INC 0.01% of their portfolio | 25.0k $289.9k | New |
| BRANDYWINE OAK PRIVATE WEALTH LLC 0.03% of their portfolio | 24.9k $288.2k | Unchanged |
| AE Wealth Management LLC 0.00% of their portfolio | 24.7k $221.7k | Added +11.1k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 24.6k $286.0k | Reduced -1.9k |
| Cetera Advisor Networks LLC 0.00% of their portfolio | 23.5k $272.6k | Added +3.8k |
| Arete Wealth Advisors, LLC 0.02% of their portfolio | 22.1k $256.1k | New |
| LPL Financial LLC 0.00% of their portfolio | 20.2k $234.5k | Reduced -940 |
| Oxinas Partners, LLC 0.16% of their portfolio | 20.0k $231.8k | Reduced -20.2k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 19.0k $157.3k | New |
| Balboa Wealth Partners 0.07% of their portfolio | 19.0k $220.2k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 17.9k $207.6k | Added +10.8k |
| Bordeaux Wealth Advisors LLC 0.07% of their portfolio | 17.8k $206.6k | Unchanged |
| Wealth Alliance Advisory Group, LLC 0.05% of their portfolio | 17.3k $200.5k | New |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 16.4k $190.0k | New |
| Claro Advisors Inc. 0.04% of their portfolio | 16.3k $189.1k | Reduced -67 |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 15.8k $183.0k | Added +2.5k |
| Cetera Investment Advisers 0.00% of their portfolio | 13.9k $161.5k | New |
| Corient Private Wealth LP 0.00% of their portfolio | 13.5k $156.5k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 10.4k $120.2k | Added +7.0k |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 8.7k $100.0k | Added +1.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 7.5k $87.0k | New |
| Impact Partnership Wealth, LLC 0.02% of their portfolio | 4.8k $55.9k | Reduced -7.1k |
| Advantage Trust Co 0.04% of their portfolio | 4.5k $52.2k | First filing |
| Main Management LLC 0.00% of their portfolio | 3.9k $45.0k | Reduced -2.0k |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 3.0k $34.3k | Added +1.3k |
| ORG Partners LLC 0.00% of their portfolio | 2.2k $25.8k | Unchanged |
| Peoples Bank/KS 0.01% of their portfolio | 1.4k $16.5k | Added +591 |
| Parallel Advisors, LLC 0.00% of their portfolio | 1.1k $13.1k | Unchanged |
| DHJJ Financial Advisors, Ltd. 0.01% of their portfolio | 1.1k $12.8k | Unchanged |
| Cornerstone Planning Group LLC 0.00% of their portfolio | 1.0k $11.6k | New |
| Glen Eagle Advisors, LLC 0.00% of their portfolio | 941 $10.9k | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 800 $9.3k | Unchanged |
| AllSquare Wealth Management LLC 0.01% of their portfolio | 772 $8.9k | Unchanged |
| Asset Dedication, LLC 0.00% of their portfolio | 758 $9.0k | Unchanged |
| JNBA Financial Advisors 0.00% of their portfolio | 550 $6.4k | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 468 $5.4k | Unchanged |
| Caitlin John, LLC 0.00% of their portfolio | 454 $5.3k | First filing |
| Tradewinds Capital Management, LLC 0.00% of their portfolio | 200 $2.3k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 180 $2.1k | Added +90 |
| REAP Financial Group, LLC 0.00% of their portfolio | 170 $2.0k | First filing |
| Allworth Financial LP 0.00% of their portfolio | 155 $1.8k | Unchanged |
| FMR LLC 0.00% of their portfolio | 118 $1.4k | Reduced -82 |
| Abich Financial Wealth Management LLC 0.00% of their portfolio | 34 $394 | First filing |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 10 $116 | New |
| Robbins Farley 0.00% of their portfolio | 10 $116 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |