Vault-13

EXCHANGE TRADED CONCEPTS TRU

BITWISE CRYPTO · ETP · CUSIP 301505624

68 institutional holders +1 vs Q4 2023
2,995,7453.0m shares reported held*
$39.4mreported value*
12 new 19 added 18 reduced 11 sold out net sold ≈ $9.7m (-748.7k 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 ≈ $13.16. Options: 2 managers hold calls ($1.2m notional), 1 hold puts ($138.2k).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 54Q4 22: 58Q1 23: 55Q2 23: 58Q3 23: 60Q4 23: 67Q1 24: 6868Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202254
Q4 202258
Q1 202355
Q2 202358
Q3 202360
Q4 202367
Q1 202468

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 23Q3 23: 24 bought or addedQ3 23: 21 cut or sold outQ3 23Q4 23: 32 bought or addedQ4 23: 23 cut or sold outQ4 23Q1 24: 31 bought or addedQ1 24: 29 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222826
Q1 20232126
Q2 20231926
Q3 20232421
Q4 20233223
Q1 20243129

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ2 23 calls: $126.4kQ2 23 puts: $86.9kQ2 23P/C 0.69Q3 23 calls: $34.8kQ3 23 puts: $22.8kQ3 23P/C 0.65Q4 23 calls: $508.8kQ4 23 puts: $34.8kQ4 23P/C 0.07Q1 24 calls: $1.2mQ1 24 puts: $138.2kQ1 24P/C 0.11
Numbers
QuarterCallsPutsP/C
Q2 2023$126.4k$86.9k0.69
Q3 2023$34.8k$22.8k0.65
Q4 2023$508.8k$34.8k0.07
Q1 2024$1.2m$138.2k0.11

Biggest buyers

Cetera Investment Advisers Added +315,498+315.5k
JANE STREET GROUP, LLC Added +198,632+198.6k
Atria Investments, Inc Added +38,154+38.2k
Mariner, LLC Added +37,274+37.3k
Cambridge Investment Research Advisors, Inc. Added +13,615+13.6k
HighTower Advisors, LLC New +13,216+13.2k
Orion Portfolio Solutions, LLC New +11,225+11.2k
Orion Porfolio Solutions, LLC New +11,225+11.2k
SIMPLEX TRADING, LLC Added +10,934+10.9k
Realta Investment Advisors New +8,141+8.1k

Biggest sellers

INDEPENDENT FINANCIAL GROUP, LLC Reduced -649,654-649.7k
Cetera Advisors LLC Sold out -291,436-291.4k
One Charles Private Wealth Services, LLC Sold out -105,696-105.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -94,234-94.2k
Betterment LLC Sold out -89,816-89.8k
ENVESTNET ASSET MANAGEMENT INC Reduced -52,232-52.2k
FAGAN ASSOCIATES, INC. Sold out -31,474-31.5k
AE Wealth Management LLC Sold out -24,711-24.7k
Cetera Advisor Networks LLC Sold out -23,523-23.5k
Wellspring Financial Advisors, LLC Reduced -19,902-19.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $663.3k50.4k shares
CITADEL ADVISORS LLC Added $579.0k44.0k shares

Biggest puts

CITADEL ADVISORS LLC Added $138.2k10.5k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Main Management ETF Advisors, LLC 0.64% of their portfolio SAN FRANCISCO, CA 914,820914.8k $12.0m $12.0m 0.64% Added +5.9k +5,925
2 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 329,436329.4k $4.3m $4.3m 0.01% Added +315.5k +315,498
3 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 266,170266.2k $3.5m $3.5m 0.00% Added +198.6k +198,632
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 254,476254.5k $3.3m $3.3m 0.00% Reduced -4.8k -4,850
5 Atria Investments, Inc 0.03% of their portfolio Charlotte, NC 140,193140.2k $1.8m $1.8m 0.03% Added +38.2k +38,154
6 Mariner, LLC 0.00% of their portfolio Overland Park, KS 138,374138.4k $1.8m $1.8m 0.00% Added +37.3k +37,274
7 CORA CAPITAL ADVISORS LLC 0.77% of their portfolio MARLTON, NJ 108,995109.0k $1.4m $1.4m 0.77% Added +4.0k +4,049
8 Gainplan LLC 0.53% of their portfolio BLOOMFIELD HILLS, MI 83,90283.9k $1.1m $1.1m 0.53% Reduced -30 -30
9 Strategic Family Wealth Counselors, L.L.C. 0.40% of their portfolio FAIRFIELD, NJ 77,69277.7k $1.0m $1.0m 0.40% Unchanged
10 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 56,67656.7k $745.9k $745.9k 0.00% Added +6.2k +6,204
11 Apeiron RIA LLC 0.21% of their portfolio Dallas, TX 55,09855.1k $725.1k $725.1k 0.21% Reduced -5.2k -5,156
12 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 52,61252.6k $692.0k $692.0k 0.00% Added +13.6k +13,615
13 Wellspring Financial Advisors, LLC 0.06% of their portfolio CLEVELAND, OH 31,20931.2k $410.7k $410.7k 0.06% Reduced -19.9k -19,902
14 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 28,45028.4k $374.4k $374.4k 0.02% Reduced -649.7k -649,654
15 Soltis Investment Advisors LLC 0.04% of their portfolio ST. GEORGE, UT 26,47926.5k $348.5k $348.5k 0.04% Reduced -8.6k -8,601
16 AdvisorNet Financial, Inc 0.03% of their portfolio MINNETONKA, MN 25,18725.2k $331.5k $331.5k 0.03% Reduced -2.5k -2,543
17 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 25,01725.0k $329.2k $329.2k 0.00% Reduced -52.2k -52,232
18 BRANDYWINE OAK PRIVATE WEALTH LLC 0.03% of their portfolio Kennett Square, PA 24,86224.9k $327.2k $327.2k 0.03% Unchanged
19 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 24,71824.7k $325.3k $325.3k 0.01% Reduced -292 -292
20 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 23,21023.2k $305.0k $305.0k 0.00% Added +6.8k +6,790
21 Arete Wealth Advisors, LLC 0.03% of their portfolio CHICAGO, IL 22,40022.4k $294.8k $294.8k 0.03% Added +300 +300
22 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 20,22820.2k $266.0k $266.0k 0.00% Added +4.4k +4,412
23 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 20,06920.1k $264.0k $264.0k 0.00% Reduced -4.6k -4,580
24 Balboa Wealth Partners 0.08% of their portfolio SCOTTSDALE, AZ 19,75019.8k $259.9k $259.9k 0.08% Added +750 +750
25 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 19,64219.6k $258.0k $258.0k 0.01% Added +10.9k +10,934
26 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 19,63119.6k $258.3k $258.3k 0.00% Reduced -600 -600
27 Bordeaux Wealth Advisors LLC 0.08% of their portfolio MENLO PARK, CA 17,82417.8k $234.6k $234.6k 0.08% Unchanged
28 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 16,62016.6k $218.7k $218.7k 0.00% Reduced -2.4k -2,403
29 Claro Advisors Inc. 0.04% of their portfolio BOSTON, MA 16,31116.3k $214.7k $214.7k 0.04% Reduced -1 -1
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 14,56714.6k $192.0k $192.0k 0.00% Added +7.1k +7,102
31 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 13,21613.2k $173.0k $173.0k 0.00% New
32 Oxinas Partners, LLC 0.10% of their portfolio JEFFERSONVILLE, IN 12,00012.0k $157.9k $157.9k 0.10% Reduced -8.0k -8,000
33 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 11,90011.9k $156.6k $156.6k 0.00% Reduced -1.6k -1,600
34 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 11,22511.2k $147.7k $147.7k 0.00% New
35 Orion Portfolio Solutions, LLC 0.00% of their portfolio Omaha, NE 11,22511.2k $147.7k $147.7k 0.00% New
36 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 10,12710.1k $133.3k $133.3k 0.00% Reduced -247 -247
37 Realta Investment Advisors 0.02% of their portfolio WILMINGTON, DE 8,1418.1k $107.1k $107.1k 0.02% New
38 Sunbelt Securities, Inc. 0.01% of their portfolio HOUSTON, TX 6,3646.4k $83.8k $83.8k 0.01% New
39 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 5,6155.6k $73.9k $73.9k 0.00% Reduced -12.3k -12,300
40 Advantage Trust Co 0.04% of their portfolio SALINA, KS 4,5004.5k $59.2k $59.2k 0.04% Unchanged
41 Main Management LLC 0.00% of their portfolio SAN FRANCISCO, CA 3,8903.9k $51.0k $51.0k 0.00% Unchanged
42 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 3,6573.7k $48.1k $48.1k 0.00% Added +698 +698
43 MCF Advisors LLC 0.00% of their portfolio LEXINGTON, KY 3,4323.4k $45.2k $45.2k 0.00% New
44 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 2,2782.3k $30.0k $30.0k 0.00% New
45 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,0642.1k $27.2k $27.2k 0.00% New
46 Peoples Bank/KS 0.01% of their portfolio PRATT, KS 1,4221.4k $18.7k $18.7k 0.01% Unchanged
47 Clearstead Trust, LLC 0.00% of their portfolio PORTLAND, ME 1,1561.2k $15.2k $15.2k 0.00% New
48 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,1301.1k $14.9k $14.9k 0.00% Unchanged
49 DHJJ Financial Advisors, Ltd. 0.01% of their portfolio NAPERVILLE, IL 1,1231.1k $14.8k $14.8k 0.01% Added +18 +18
50 Cornerstone Planning Group LLC 0.00% of their portfolio FAIRFIELD, NJ 1,0001.0k $11.0k $11.0k 0.00% Unchanged
51 Glen Eagle Advisors, LLC 0.00% of their portfolio KINGSTON, NJ 941941 $12.4k $12.4k 0.00% Unchanged
52 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 800800 $10.2k $10.2k 0.00% Unchanged
53 AllSquare Wealth Management LLC 0.01% of their portfolio ALBANY, NY 772772 $10.2k $10.2k 0.01% Unchanged
54 Asset Dedication, LLC 0.00% of their portfolio SAN FRANCISCO, CA 758758 $10.0k $10.0k 0.00% Unchanged
55 JNBA Financial Advisors 0.00% of their portfolio BLOOMINGTON, MN 550550 $7.2k $7.2k 0.00% Unchanged
56 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 468468 $6.4k $6.4k 0.00% Unchanged
57 Caitlin John, LLC 0.00% of their portfolio BRIGHTON, MI 378378 $5.0k $5.0k 0.00% Reduced -76 -76
58 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 291291 $3.8k $3.8k 0.00% Added +111 +111
59 Tradewinds Capital Management, LLC 0.00% of their portfolio BELLINGHAM, WA 200200 $2.6k $2.6k 0.00% Unchanged
60 REAP Financial Group, LLC 0.00% of their portfolio AUSTIN, TX 170170 $2.2k $2.2k 0.00% Unchanged
61 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 157157 $2.1k $2.1k 0.00% Added +2 +2
62 FMR LLC 0.00% of their portfolio BOSTON, MA 119119 $1.6k $1.6k 0.00% Added +1 +1
63 Abich Financial Wealth Management LLC 0.00% of their portfolio ASHBURN, VA 3434 $447 $447 0.00% Unchanged
64 TFC Financial Management, Inc. 0.00% of their portfolio BOSTON, MA 1010 $132 $132 0.00% New
65 Robbins Farley 0.00% of their portfolio BEDFORD, NH 1010 $132 $132 0.00% Unchanged
66 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 44 $53 $53 0.00% New
67 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged
68 Compagnie Lombard Odier SCmA 0.00% of their portfolio 1204 GENEVA, V8 00 $0 $0 0.00% New