Vault-13

GRAYSCALE COINDESK CRYPTO GDLC

USD SHS · ETP · CUSIP G40705108

69 institutional holders +67 vs Q2 2025
4,221,6934.2m shares reported held*
$236.0mreported value*
66 new 0 added 0 reduced 0 sold out net bought ≈ $186.1m (+3.3m 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 ≈ $55.90.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q4 22: 2Q1 23: 1Q2 23: 1Q3 23: 3Q4 23: 1Q1 24: 3Q2 24: 3Q3 24: 3Q4 24: 3Q1 25: 3Q2 25: 2Q3 25: 6969Q4 22Q3 23Q2 24Q1 25Q3 25
Numbers
QuarterHolders
Q4 20222
Q1 20231
Q2 20231
Q3 20233
Q4 20231
Q1 20243
Q2 20243
Q3 20243
Q4 20243
Q1 20253
Q2 20252
Q3 202569

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 0 bought or addedQ4 23: 3 cut or sold outQ1 24: 2 bought or addedQ1 24: 0 cut or sold outQ1 24Q2 24: 0 bought or addedQ2 24: 2 cut or sold outQ3 24: 1 bought or addedQ3 24: 1 cut or sold outQ3 24Q4 24: 1 bought or addedQ4 24: 1 cut or sold outQ1 25: 0 bought or addedQ1 25: 1 cut or sold outQ1 25Q2 25: 0 bought or addedQ2 25: 1 cut or sold outQ3 25: 66 bought or addedQ3 25: 0 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 202303
Q1 202420
Q2 202402
Q3 202411
Q4 202411
Q1 202501
Q2 202501
Q3 2025660

Biggest buyers

DISCOVERY CAPITAL MANAGEMENT, LLC / CT New +1,810,264+1.8m
Yarbrough Capital, LLC New +222,000+222.0k
Cetera Investment Advisers New +213,160+213.2k
Virtu Financial LLC New +186,930+186.9k
JANE STREET GROUP, LLC New +121,080+121.1k
Rehmann Capital Advisory Group New +98,796+98.8k
ENVESTNET ASSET MANAGEMENT INC New +90,127+90.1k
INDEPENDENT FINANCIAL GROUP, LLC New +70,645+70.6k
Hartmann Taylor Wealth Management, LLC New +64,970+65.0k
Pathstone Holdings, LLC New +60,162+60.2k

Biggest sellers

None

Insider purchases and sales in Q3 2025

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 Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DISCOVERY CAPITAL MANAGEMENT, LLC / CT 5.55% of their portfolio SOUTH NORWALK, CT 1,810,2641.8m $101.2m $101.2m 5.55% New
2 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.27% of their portfolio SAN FRANCISCO, CA 851,193851.2k $47.6m $47.6m 0.27% Not comparable
3 Yarbrough Capital, LLC 0.39% of their portfolio FRANKLIN, TN 222,000222.0k $12.4m $12.4m 0.39% New
4 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 213,160213.2k $11.9m $11.9m 0.01% New
5 Virtu Financial LLC 0.58% of their portfolio New York, NY 186,930186.9k $10.4m $10.4m 0.58% New
6 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 121,080121.1k $6.8m $6.8m 0.01% New
7 Rehmann Capital Advisory Group 0.30% of their portfolio LANSING, MI 98,79698.8k $5.5m $5.5m 0.30% New
8 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 90,12790.1k $5.0m $5.0m 0.00% New
9 INDEPENDENT FINANCIAL GROUP, LLC 0.09% of their portfolio SAN DIEGO, CA 70,64570.6k $3.9m $3.9m 0.09% New
10 Hartmann Taylor Wealth Management, LLC 2.61% of their portfolio DALLAS, TX 64,97065.0k $3.6m $3.6m 2.61% New
11 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 60,16260.2k $3.4m $3.4m 0.01% New
12 INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.39% of their portfolio CHICAGO, IL 45,56745.6k $2.5m $2.5m 0.39% New
13 HORIZON KINETICS ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 41,02941.0k $2.3m $2.3m 0.03% Unchanged
14 Pasadena Private Wealth, LLC 0.28% of their portfolio PASADENA, CA 34,91234.9k $2.0m $2.0m 0.28% New
15 FLOW TRADERS U.S. LLC 0.07% of their portfolio NEW YORK, NY 32,49732.5k $1.8m $1.8m 0.07% New
16 Modern Wealth Management, LLC 0.03% of their portfolio KANSAS CITY, MO 30,32030.3k $1.7m $1.7m 0.03% New
17 Cherry Creek Investment Advisors, Inc. 0.48% of their portfolio ENGLEWOOD, CO 19,73319.7k $1.1m $1.1m 0.48% New
18 NAPA WEALTH MANAGEMENT 0.47% of their portfolio Napa, CA 17,87317.9k $999.1k $999.1k 0.47% New
19 Soltis Investment Advisors LLC 0.04% of their portfolio ST. GEORGE, UT 11,39811.4k $637.2k $637.2k 0.04% New
20 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 10,97811.0k $613.7k $613.7k 0.01% New
21 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 10,42010.4k $582.5k $582.5k 0.00% New
22 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 9,8029.8k $547.9k $547.9k 0.01% New
23 Claro Advisors Inc. 0.08% of their portfolio BOSTON, MA 9,4039.4k $525.6k $525.6k 0.08% New
24 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 9,2239.2k $546.7k $546.7k 0.00% New
25 Moloney Securities Asset Management, LLC 0.06% of their portfolio MANCHESTER, MO 8,9539.0k $500.5k $500.5k 0.06% New
26 EAGLE GLOBAL ADVISORS LLC 0.02% of their portfolio Houston, TX 8,9078.9k $497.9k $497.9k 0.02% New
27 Alesco Advisors, LLC, An ESL Co 0.01% of their portfolio Pittsford, NY 8,2898.3k $463.4k $463.4k 0.01% New
28 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 7,9978.0k $423.3k $423.3k 0.00% New
29 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 7,9828.0k $446.0k $446.0k 0.00% New
30 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 7,2827.3k $407.1k $407.1k 0.01% New
31 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 7,0017.0k $391.4k $391.4k 0.00% New
32 Aries Wealth Management 0.09% of their portfolio PORTLAND, ME 6,9587.0k $389.0k $389.0k 0.09% New
33 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 6,8056.8k $380.4k $380.4k 0.00% New
34 Composition Wealth, LLC 0.01% of their portfolio LOS ANGELES, CA 6,7236.7k $375.8k $375.8k 0.01% New
35 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 6,6926.7k $374.0k $374.0k 0.00% New
36 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 6,2576.3k $349.8k $349.8k 0.00% New
37 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 5,0085.0k $279.4k $279.4k 0.00% New
38 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 4,9865.0k $278.7k $278.7k 0.00% New
39 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 4,7374.7k $264.8k $264.8k 0.00% New
40 OAKWORTH CAPITAL, INC. 0.01% of their portfolio BIRMINGHAM, AL 4,6064.6k $257.5k $257.5k 0.01% New
41 United Capital Management of KS, Inc. 0.03% of their portfolio SALINA, KS 4,3314.3k $242.1k $242.1k 0.03% New
42 Mariner, LLC 0.00% of their portfolio Overland Park, KS 4,3144.3k $241.1k $241.1k 0.00% New
43 RFG Advisory, LLC 0.00% of their portfolio BIRMINGHAM, AL 4,0584.1k $226.8k $226.8k 0.00% New
44 Sandbox Financial Partners, LLC 0.06% of their portfolio BETHESDA, MD 3,9453.9k $220.5k $220.5k 0.06% New
45 MITCHELL MCLEOD PUGH & WILLIAMS INC 0.03% of their portfolio MOBILE, AL 3,8973.9k $213.8k $213.8k 0.03% New
46 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,1672.2k $121.1k $121.1k 0.00% New
47 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 2,0962.1k $117.2k $117.2k 0.00% New
48 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 2,0002.0k $111.6k $111.6k 0.00% New
49 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 1,6351.6k $91.4k $91.4k 0.00% New
50 Smithfield Trust Co 0.00% of their portfolio PITTSBURGH, PA 1,4201.4k $80.0k $80.0k 0.00% New
51 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 1,3071.3k $73.1k $73.1k 0.00% New
52 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,2151.2k $68.0k $68.0k 0.00% New
53 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,1301.1k $63.2k $63.2k 0.00% New
54 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0001.0k $55.9k $55.9k 0.00% New
55 SOA Wealth Advisors, LLC. 0.01% of their portfolio NEW YORK, NY 719719 $40.2k $40.2k 0.01% New
56 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 695695 $38.9k $38.9k 0.00% New
57 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 626626 $35.0k $35.0k 0.00% New
58 Truvestments Capital LLC 0.01% of their portfolio SARASOTA, FL 619619 $34.6k $34.6k 0.01% New
59 Wealth Preservation Advisors, LLC 0.02% of their portfolio CHATTANOOGA, TN 599599 $33.5k $33.5k 0.02% Unchanged
60 WOLFF WIESE MAGANA LLC 0.02% of their portfolio CARSLBAD, CA 525525 $29.3k $29.3k 0.02% New
61 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 393393 $22.0k $22.0k 0.00% New
62 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 362362 $20.2k $20.2k 0.00% New
63 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 235235 $13.1k $13.1k 0.00% New
64 Financial Perspectives, Inc 0.00% of their portfolio MINNEAPOLIS, MN 221221 $12.4k $12.4k 0.00% New
65 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 200200 $11.2k $11.2k 0.00% New
66 Anfield Capital Management, LLC 0.00% of their portfolio IRVINE, CA 139139 $7.8k $7.8k 0.00% New
67 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 135135 $7.5k $7.5k 0.00% New
68 Atlantic Edge Private Wealth Management, LLC 0.00% of their portfolio JACKSONVILLE, FL 2525 $1.4k $1.4k 0.00% New
69 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 2020 $1.1k $1.1k 0.00% New