Vault-13

EXCHANGE TRADED CONCEPTS TRU

BITWISE CRYPTO · ETP · CUSIP 301505624

79 institutional holders -7 vs Q4 2024
3,678,1963.7m shares reported held*
$45.2mreported value*
4 new 36 added 14 reduced 11 sold out net bought ≈ $11.7m (+964.2k 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 ≈ $12.29. Options: 2 managers hold calls ($696.8k notional), 2 hold puts ($483.2k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 54Q4 22: 58Q1 23: 55Q2 23: 58Q3 23: 60Q4 23: 67Q1 24: 68Q2 24: 74Q3 24: 69Q4 24: 86Q1 25: 7979Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202254
Q4 202258
Q1 202355
Q2 202358
Q3 202360
Q4 202367
Q1 202468
Q2 202474
Q3 202469
Q4 202486
Q1 202579

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q2 23: 19 bought or addedQ2 23: 26 cut or sold outQ3 23: 24 bought or addedQ3 23: 21 cut or sold outQ3 23Q4 23: 32 bought or addedQ4 23: 23 cut or sold outQ1 24: 31 bought or addedQ1 24: 29 cut or sold outQ1 24Q2 24: 32 bought or addedQ2 24: 27 cut or sold outQ3 24: 29 bought or addedQ3 24: 22 cut or sold outQ3 24Q4 24: 45 bought or addedQ4 24: 18 cut or sold outQ1 25: 40 bought or addedQ1 25: 25 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20231926
Q3 20232421
Q4 20233223
Q1 20243129
Q2 20243227
Q3 20242922
Q4 20244518
Q1 20254025

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ2 24 calls: $928.8kQ2 24 puts: $91.7kQ2 24P/C 0.10Q3 24 calls: $499.9kQ3 24 puts: $40.0kQ3 24P/C 0.08Q4 24 calls: $550.6kQ4 24 puts: $32.1kQ4 24P/C 0.06Q1 25 calls: $696.8kQ1 25 puts: $483.2kQ1 25P/C 0.69
Numbers
QuarterCallsPutsP/C
Q2 2024$928.8k$91.7k0.10
Q3 2024$499.9k$40.0k0.08
Q4 2024$550.6k$32.1k0.06
Q1 2025$696.8k$483.2k0.69

Biggest buyers

ROYAL BANK OF CANADA Added +272,433+272.4k
STIFEL FINANCIAL CORP Added +200,395+200.4k
Orion Portfolio Solutions, LLC Added +167,867+167.9k
Cetera Investment Advisers Added +125,605+125.6k
JANE STREET GROUP, LLC Added +89,587+89.6k
Janney Montgomery Scott LLC Added +72,809+72.8k
CITIGROUP INC Added +70,660+70.7k
GTS SECURITIES LLC Added +54,539+54.5k
Orion Porfolio Solutions, LLC Added +50,747+50.7k
Sanctuary Advisors, LLC Added +41,815+41.8k

Biggest sellers

CORA CAPITAL ADVISORS LLC Sold out -101,224-101.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -61,672-61.7k
Mirae Asset Global Investments Co., Ltd. Sold out -31,688-31.7k
Salus Financial Advisors, LLC Reduced -19,678-19.7k
Bordeaux Wealth Advisors LLC Sold out -17,824-17.8k
Atria Investments, Inc Reduced -15,492-15.5k
Mariner, LLC Reduced -12,800-12.8k
NewEdge Advisors, LLC Sold out -11,370-11.4k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -10,444-10.4k
OLD MISSION CAPITAL LLC Sold out -10,375-10.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $505.0k41.6k shares
CITADEL ADVISORS LLC Reduced $191.8k15.8k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $352.1k29.0k shares
CITADEL ADVISORS LLC Added $131.1k10.8k 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 392,290392.3k $4.8m $4.8m 0.01% Added +125.6k +125,605
2 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 319,036319.0k $3.9m $3.9m 0.00% Added +272.4k +272,433
3 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 304,442304.4k $3.7m $3.7m 0.00% Added +200.4k +200,395
4 Orion Portfolio Solutions, LLC 0.02% of their portfolio Omaha, NE 284,987285.0k $4.0m $4.0m 0.02% Added +167.9k +167,867
5 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 247,948247.9k $3.0m $3.0m 0.02% Added +41.8k +41,815
6 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 167,867167.9k $2.0m $2.0m 0.02% Added +50.7k +50,747
7 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 165,186165.2k $2.0m $2.0m 0.00% Added +28.8k +28,828
8 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 137,377137.4k $1.7m $1.7m 0.00% Added +70.7k +70,660
9 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 118,217118.2k $1.4m $1.4m 0.00% Added +89.6k +89,587
10 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 107,162107.2k $1.3m $1.3m 0.00% Reduced -8.2k -8,206
11 Mariner, LLC 0.00% of their portfolio Overland Park, KS 105,737105.7k $1.3m $1.3m 0.00% Reduced -12.8k -12,800
12 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 103,309103.3k $1.3m $1.3m 0.00% Added +72.8k +72,809
13 Atria Investments, Inc 0.02% of their portfolio Charlotte, NC 103,000103.0k $1.3m $1.3m 0.02% Reduced -15.5k -15,492
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 102,879102.9k $1.2m $1.2m 0.00% Added +403 +403
15 Salus Financial Advisors, LLC 0.82% of their portfolio COLORADO SPRINGS, CO 89,81089.8k $1.1m $1.1m 0.82% Reduced -19.7k -19,678
16 Gainplan LLC 0.67% of their portfolio BLOOMFIELD HILLS, MI 85,07385.1k $1.0m $1.0m 0.67% Added +816 +816
17 GTS SECURITIES LLC 0.04% of their portfolio NEW YORK, NY 82,71482.7k $1.0m $1.0m 0.04% Added +54.5k +54,539
18 Strategic Family Wealth Counselors, L.L.C. 0.31% of their portfolio FAIRFIELD, NJ 79,39279.4k $963.8k $963.8k 0.31% Added +1.7k +1,700
19 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 55,08555.1k $668.7k $668.7k 0.00% Reduced -6.0k -5,993
20 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 48,46148.5k $588.3k $588.3k 0.00% Added +29.0k +28,978
21 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 47,40247.4k $575.0k $575.0k 0.00% Added +11.4k +11,394
22 Founders Capital Management 0.37% of their portfolio HOUSTON, TX 46,95747.0k $570.1k $570.1k 0.37% Added +319 +319
23 Soltis Investment Advisors LLC 0.04% of their portfolio ST. GEORGE, UT 37,28037.3k $452.6k $452.6k 0.04% Added +9.5k +9,518
24 AdvisorNet Financial, Inc 0.03% of their portfolio MINNETONKA, MN 32,50932.5k $394.7k $394.7k 0.03% Added +3.7k +3,695
25 Wellspring Financial Advisors, LLC 0.04% of their portfolio CLEVELAND, OH 31,48731.5k $382.3k $382.3k 0.04% Added +278 +278
26 COMPASS CAPITAL CORP /MA/ /ADV 0.19% of their portfolio BRAINTREE, MA 30,49130.5k $362.2k $362.2k 0.19% Added +1.8k +1,818
27 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 27,52227.5k $334.0k $334.0k 0.00% Reduced -10.4k -10,444
28 BRANDYWINE OAK PRIVATE WEALTH LLC 0.03% of their portfolio Kennett Square, PA 26,08726.1k $316.7k $316.7k 0.03% Unchanged
29 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 25,29125.3k $307.0k $307.0k 0.00% Added +10.4k +10,370
30 ROTHSCHILD INVESTMENT LLC 0.02% of their portfolio CHICAGO, IL 24,25024.2k $294.4k $294.4k 0.02% Added +6.0k +6,000
31 Essex Financial Services, Inc. 0.02% of their portfolio ESSEX, CT 21,86421.9k $265.4k $265.4k 0.02% Reduced -1.3k -1,336
32 Arete Wealth Advisors, LLC 0.02% of their portfolio CHICAGO, IL 21,15021.1k $257.0k $257.0k 0.02% Unchanged
33 Betterment LLC 0.00% of their portfolio NEW YORK, NY 20,84420.8k $253.0k $253.0k 0.00% Added +5.1k +5,102
34 RMR Wealth Builders 0.02% of their portfolio Montclair, NJ 18,42118.4k $223.6k $223.6k 0.02% New
35 Claro Advisors Inc. 0.02% of their portfolio BOSTON, MA 15,20615.2k $184.6k $184.6k 0.02% Reduced -122 -122
36 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 15,09315.1k $183.2k $183.2k 0.00% Added +613 +613
37 Oxinas Partners, LLC 0.11% of their portfolio JEFFERSONVILLE, IN 15,00015.0k $182.1k $182.1k 0.11% Reduced -2.9k -2,930
38 Apeiron RIA LLC 0.05% of their portfolio Dallas, TX 14,27314.3k $173.3k $173.3k 0.05% Added +748 +748
39 Wealthcare Advisory Partners LLC 0.00% of their portfolio WEST CHESTER, PA 12,02512.0k $146.0k $146.0k 0.00% Unchanged
40 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 12,01812.0k $145.9k $145.9k 0.00% Added +755 +755
41 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 11,90011.9k $144.5k $144.5k 0.00% Unchanged
42 Balboa Wealth Partners 0.03% of their portfolio SCOTTSDALE, AZ 11,23011.2k $136.3k $136.3k 0.03% Reduced -15 -15
43 MCF Advisors LLC 0.01% of their portfolio LEXINGTON, KY 10,36710.4k $125.9k $125.9k 0.01% Added +6.9k +6,935
44 Sunbelt Securities, Inc. 0.01% of their portfolio HOUSTON, TX 6,8636.9k $83.3k $83.3k 0.01% Added +3 +3
45 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 4,1224.1k $50.0k $50.0k 0.00% Unchanged
46 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 3,7533.8k $46.8k $46.8k 0.00% Unchanged
47 Main Management LLC 0.00% of their portfolio SAN FRANCISCO, CA 3,2863.3k $40.0k $40.0k 0.00% Unchanged
48 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3,0213.0k $36.7k $36.7k 0.00% Reduced -3.3k -3,285
49 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 2,8632.9k $36.4k $36.4k 0.00% Added +109 +109
50 AllSquare Wealth Management LLC 0.02% of their portfolio ALBANY, NY 2,7992.8k $34.0k $34.0k 0.02% Added +265 +265
51 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 2,7582.8k $33.5k $33.5k 0.00% Added +11 +11
52 Clearstead Trust, LLC 0.01% of their portfolio PORTLAND, ME 2,3522.4k $28.6k $28.6k 0.01% Added +40 +40
53 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,1552.2k $26.2k $26.2k 0.00% Reduced -1.5k -1,548
54 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,6831.7k $20.4k $20.4k 0.00% New
55 Peoples Bank/KS 0.01% of their portfolio PRATT, KS 1,4221.4k $17.3k $17.3k 0.01% Unchanged
56 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,3791.4k $16.7k $16.7k 0.00% Added +59 +59
57 SJS Investment Consulting Inc. 0.00% of their portfolio SYLVANIA, OH 1,2001.2k $14.6k $14.6k 0.00% Unchanged
58 DHJJ Financial Advisors, Ltd. 0.01% of their portfolio NAPERVILLE, IL 1,1421.1k $13.9k $13.9k 0.01% Unchanged
59 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 1,0441.0k $12.7k $12.7k 0.00% Unchanged
60 Cornerstone Planning Group LLC 0.00% of their portfolio FAIRFIELD, NJ 1,0091.0k $13.4k $13.4k 0.00% Unchanged
61 Comprehensive Financial Planning, Inc./PA 0.01% of their portfolio EAST PETERSBURG, PA 1,0001.0k $12.1k $12.1k 0.01% Unchanged
62 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 950950 $11.5k $11.5k 0.00% Unchanged
63 Glen Eagle Advisors, LLC 0.00% of their portfolio KINGSTON, NJ 941941 $11.4k $11.4k 0.00% Unchanged
64 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 780780 $9.5k $9.5k 0.00% New
65 Asset Dedication, LLC 0.00% of their portfolio SAN FRANCISCO, CA 758758 $9.2k $9.2k 0.00% Unchanged
66 JNBA Financial Advisors 0.00% of their portfolio BLOOMINGTON, MN 550550 $6.7k $6.7k 0.00% Unchanged
67 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 531531 $6.5k $6.5k 0.00% Reduced -1 -1
68 FMR LLC 0.00% of their portfolio BOSTON, MA 345345 $4.2k $4.2k 0.00% Added +185 +185
69 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 250250 $3.1k $3.1k 0.00% Unchanged
70 Tradewinds Capital Management, LLC 0.00% of their portfolio BELLINGHAM, WA 200200 $2.4k $2.4k 0.00% Unchanged
71 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 158158 $2.2k $2.2k 0.00% Reduced -174 -174
72 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 8484 $1.0k $1.0k 0.00% Unchanged
73 CWM, LLC 0.00% of their portfolio OMAHA, NE 7171 $1.0k $1.0k 0.00% Unchanged
74 Aspect Partners, LLC 0.00% of their portfolio FAIRFAX, VA 4545 $546 $546 0.00% New
75 Graney & King, LLC 0.00% of their portfolio LATHAM, NY 2626 $316 $316 0.00% Unchanged
76 TFC Financial Management, Inc. 0.00% of their portfolio BOSTON, MA 88 $98 $98 0.00% Unchanged
77 Frazier Financial Advisors, LLC 0.00% of their portfolio COLUMBUS, OH 77 $85 $85 0.00% Unchanged
78 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 22 $28 $28 0.00% Added +1 +1
79 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged