GRAYSCALE BITCOIN TRUST ETF GBTC
SHS REP COM UT · ETP · CUSIP 389637109
- SectorFinancials
- IndustryCommodity Contracts Brokers & Dealers
- HeadquartersStamford, CT
- FilingsSEC EDGAR
43
institutional holders
-5 vs Q4 2022
23.1m
shares reported held*
$378.0mreported value*
2 new
6 added
11 reduced
6 sold out
net sold ≈ $9.7m (-594.9k 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 ≈ $16.36.
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 50 |
| Q4 2022 | 48 |
| Q1 2023 | 43 |
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 | 14 | 25 |
| Q1 2023 | 8 | 17 |
Biggest buyers
| Aristides Capital LLC | Added | +90.0k |
| HORIZON KINETICS ASSET MANAGEMENT LLC | Added | +27.6k |
| Garde Capital, Inc. | New | +11.9k |
| First Horizon Advisors, Inc. | Added | +2.3k |
| Horrell Capital Management, Inc. | Added | +1.0k |
| THOMPSON INVESTMENT MANAGEMENT, INC. | New | +300 |
| Tradition Wealth Management, LLC | Added | +100 |
| WR Wealth Planners, LLC | Added | +85 |
Biggest sellers
| ARK Investment Management LLC | Reduced | -416.4k |
| Parkwood LLC | Sold out | -260.0k |
| HIGHLINE WEALTH PARTNERS LLC | Reduced | -13.2k |
| Benedetti & Gucer, Inc. | Reduced | -13.1k |
| Sandhill Capital Partners LLC | Sold out | -11.3k |
| Main Management LLC | Reduced | -6.7k |
| SVB WEALTH LLC | Reduced | -5.0k |
| Heritage Wealth Advisors | Sold out | -1.2k |
| Ancora Advisors LLC | Reduced | -293 |
| TUCKER ASSET MANAGEMENT LLC | Sold out | -265 |
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q1 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| HORIZON KINETICS ASSET MANAGEMENT LLC 4.98% of their portfolio | 15.8m $259.2m | Added +27.6k |
| ARK Investment Management LLC 0.69% of their portfolio | 6.1m $100.4m | Reduced -416.4k |
| Aristides Capital LLC 7.61% of their portfolio | 737.7k $12.1m | Added +90.0k |
| Benedetti & Gucer, Inc. 0.70% of their portfolio | 74.9k $1.2m | Reduced -13.1k |
| HIGHLINE WEALTH PARTNERS LLC 0.45% of their portfolio | 40.1k $655.8k | Reduced -13.2k |
| Williams Jones Wealth Management, LLC. 0.01% of their portfolio | 34.7k $568.0k | Reduced -75 |
| Canton Hathaway, LLC 0.15% of their portfolio | 27.2k $445.0k | Unchanged |
| SVB WEALTH LLC 0.01% of their portfolio | 25.7k $420.9k | Reduced -5.0k |
| First Horizon Advisors, Inc. 0.01% of their portfolio | 23.4k $382.7k | Added +2.3k |
| ROTHSCHILD INVESTMENT LLC /IL 0.03% of their portfolio | 22.5k $368.0k | Reduced -3 |
| Next Capital Management LLC 0.15% of their portfolio | 19.4k $317.8k | Unchanged |
| Formidable Asset Management, LLC 0.07% of their portfolio | 19.2k $315.0k | Reduced -194 |
| Tradition Wealth Management, LLC 0.03% of their portfolio | 16.7k $274.0k | Added +100 |
| Ancora Advisors LLC 0.01% of their portfolio | 15.8k $258.0k | Reduced -293 |
| Garde Capital, Inc. 0.02% of their portfolio | 11.9k $195.0k | New |
| First National Trust Co 0.01% of their portfolio | 10.8k $176.9k | Unchanged |
| OLD NATIONAL BANCORP /IN/ 0.01% of their portfolio | 10.3k $168.9k | Unchanged |
| Accel Wealth Management 0.06% of their portfolio | 8.7k $142.3k | Reduced -200 |
| Horrell Capital Management, Inc. 0.04% of their portfolio | 8.5k $139.0k | Added +1.0k |
| Financial Management Professionals, Inc. 0.02% of their portfolio | 6.8k $111.0k | Unchanged |
| HANTZ FINANCIAL SERVICES, INC. 0.00% of their portfolio | 3.2k $52.0k | Unchanged |
| Winch Advisory Services, LLC 0.01% of their portfolio | 1.9k $32.0k | Unchanged |
| WR Wealth Planners, LLC 0.01% of their portfolio | 1.5k $24.4k | Added +85 |
| Main Management LLC 0.00% of their portfolio | 1.3k $22.0k | Reduced -6.7k |
| PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.01% of their portfolio | 575 $9.4k | Unchanged |
| Strengthening Families & Communities, LLC 0.00% of their portfolio | 568 $9.0k | Unchanged |
| Front Row Advisors LLC 0.00% of their portfolio | 550 $9.0k | Unchanged |
| FNY Investment Advisers, LLC 0.01% of their portfolio | 500 $8.0k | Unchanged |
| Bartlett & Co. LLC 0.00% of their portfolio | 415 $7.0k | Unchanged |
| BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio | 415 $6.8k | Unchanged |
| West Oak Capital, LLC 0.00% of their portfolio | 320 $5.2k | Unchanged |
| THOMPSON INVESTMENT MANAGEMENT, INC. 0.00% of their portfolio | 300 $4.9k | New |
| ROBINSON CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 250 $4.4k | Unchanged |
| Cassady Schiller Wealth Management, LLC 0.00% of their portfolio | 246 $4.0k | Unchanged |
| MassMutual Private Wealth & Trust, FSB 0.00% of their portfolio | 227 $3.7k | Unchanged |
| ATLAS CAPITAL ADVISORS INC. 0.00% of their portfolio | 165 $2.7k | Unchanged |
| Glen Eagle Advisors, LLC 0.00% of their portfolio | 125 $2.0k | Reduced -150 |
| Global Financial Private Client, LLC 0.00% of their portfolio | 111 $1.8k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 100 $1.6k | Unchanged |
| NVWM, LLC 0.00% of their portfolio | 100 $1.6k | Unchanged |
| HBC Financial Services, PLLC 0.00% of their portfolio | 100 $1.0k | Unchanged |
| Private Ocean, LLC 0.00% of their portfolio | 14 $229 | Unchanged |
| LAFFER TENGLER INVESTMENTS, INC. 0.00% of their portfolio | 10 $163 | Unchanged |