Merit Financial Group’s Grayscale Bitcoin Trust GBTC Stock Holding History

Merit Financial Group’s Portfolio GBTC Stock Details GBTC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$2.04M	Sell	44,855 -2,451	-5%	-$137K	0.01%	745
2026 Q1	$2.5M	Sell	47,306 -112	-0.2%	-$6.67K	0.02%	585
2025 Q4	$3.24M	Sell	47,418 -8,231	-15%	-$645K	0.03%	478
2025 Q3	$5M	Sell	55,649 -2,194	-4%	-$197K	0.05%	319
2025 Q2	$4.91M	Sell	57,843 -6,040	-9%	-$470K	0.05%	282
2025 Q1	$4.16M	Sell	63,883 -1,855	-3%	-$137K	0.06%	253
2024 Q4	$4.87M	Buy	65,738 +27,980	+74%	+$1.84M	0.09%	191
2024 Q3	$1.91M	Sell	37,758 -23,926	-39%	-$1.16M	0.04%	285
2024 Q2	$2.97M	Hold	61,684	–	–	0.07%	219
2024 Q1	$3.08M	Buy	+61,684	New	+$2.71M	0.07%	210

Other funds holding GBTC

HKAM

Horizon Kinetics Asset Management New York $8.82B AUM 23.05% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

HighTower Advisors Chicago, Illinois $104B AUM 28.3% 1-Year Est. Return

Virtu Financial New York $3.18B AUM 65.92% 1-Year Est. Return

MRI

Mad River Investors Boston, Massachusetts $268M AUM 31.54% 1-Year Est. Return

ECM

EagleClaw Capital Management Boston, Massachusetts $745M AUM 23.99% 1-Year Est. Return

Jane Street New York $1.21T AUM 78.12% 1-Year Est. Return

Citadel Advisors Miami, Florida $875B AUM 40.89% 1-Year Est. Return

Moors & Cabot Boston, Massachusetts $2.57B AUM 37.84% 1-Year Est. Return

Mariner Overland Park, Kansas $95.2B AUM 32.92% 1-Year Est. Return

Merit Financial Group's GBTC Position: Q2 2026 in Review

Merit Financial Group reduced its Grayscale Bitcoin Trust (GBTC) stake by 5.2% in Q2 2026, selling an estimated $137K and leaving 44,855 shares worth $2.04M. The position accounts for 0.01% of the portfolio, ranked #745.

Merit Financial Group first reported a position in GBTC in Q1 2024 and has held it in 10 quarters since. The position peaked at $5M in Q3 2025. 597 funds tracked by Wall St. Rank hold GBTC as of Q2 2026.

Merit Financial Group held 44,855 shares of Grayscale Bitcoin Trust worth $2.04M as of Q2 2026.
Merit Financial Group sold 2,451 Grayscale Bitcoin Trust shares in Q2 2026, an estimated $137K.
Grayscale Bitcoin Trust made up 0.01% of Merit Financial Group's portfolio in Q2 2026, its #745 holding.
Merit Financial Group first reported a position in Grayscale Bitcoin Trust in Q1 2024 and has held it in 10 quarters since.
Merit Financial Group's Grayscale Bitcoin Trust position peaked at $5M in Q3 2025.
597 funds tracked by Wall St. Rank held Grayscale Bitcoin Trust as of Q2 2026.

Based on Merit Financial Group's 13F filing for Q2 2026, filed 17 Jul 2026.