We are live on ! Find out more
GBTC icon

Grayscale Bitcoin Trust
GBTC

647 hedge funds and large institutions have $4.3B invested in Grayscale Bitcoin Trust in 2024 Q1 according to their latest regulatory filings, with 647 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed

19.7% more ownership

Funds ownership: 0% → 19.7% (+20%)

Holders
647
Holders Change
+647
Holders Change %
–
% of All Funds
9.32%
Holding in Top 10
28
Holding in Top 10 Change
+28
Holding in Top 10 Change %
% of All Funds
0.4%
New
647
Increased
–
Reduced
–
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$841M
2
HKAM
Horizon Kinetics Asset Management
New York
+$729M
3
Morgan Stanley
Morgan Stanley
New York
+$208M
4
Millennium Management
Millennium Management
New York
+$156M
5
Jane Street
Jane Street
New York
+$90.5M

Top Sellers

No sellers this quarter
Name Holding Trade Value Shares
Change 		Change in
Stake
JIC
401
Joel Isaacson & Co
New York
$291K +$224K +5,101 New
APWA
402
Atlas Private Wealth Advisors
New Jersey
$291K +$224K +5,093 New
GSIAS
403
Garden State Investment Advisory Services
New Jersey
$289K +$223K +5,062 New
SW
404
SteelPeak Wealth
California
$287K +$221K +5,029 New
NAMNJ
405
NorthStar Asset Management (New Jersey)
New Jersey
$287K +$221K +5,027 New
AF
406
Allworth Financial
California
$286K +$220K +5,007 New
CB
407
Commerce Bank
Missouri
$286K +$220K +5,005 New
GC
408
GFG Capital
Florida
$284K +$219K +4,982 New
PA
409
Parallel Advisors
California
$283K +$218K +4,963 New
NHC
410
Nicholas Hoffman & Company
Georgia
$282K +$218K +4,945 New
AWA
411
Arkadios Wealth Advisors
Georgia
$281K +$217K +4,929 New
MCCA
412
Mill Creek Capital Advisors
Pennsylvania
$280K +$216K +4,910 New
CFS
413
Coordinated Financial Services
Colorado
$278K +$214K +4,871 New
SF
414
Summit Financial
New Jersey
$277K +$214K +4,855 New
CWG
415
Cornerstone Wealth Group
North Carolina
$276K +$213K +4,831 New
CCFM
416
Clear Creek Financial Management
Washington
$275K +$212K +4,823 New
ECG
417
Edge Capital Group
Georgia
$275K +$212K +4,823 New
LA
418
Lifeworks Advisors
Michigan
$272K +$210K +4,768 New
TS
419
Tamar Securities
California
$272K +$210K +4,762 New
TC
420
Trilogy Capital
California
$272K +$209K +4,760 New
RWM
421
Revisor Wealth Management
Ohio
$271K +$270K +6,146 New
SAM
422
SignalPoint Asset Management
Missouri
$269K +$207K +4,712 New
BWA
423
BlueChip Wealth Advisors
Georgia
$268K +$207K +4,705 New
OCM
424
Objective Capital Management
Ohio
$268K +$207K +4,705 New
MCIA
425
Mountain Capital Investment Advisors
Colorado
$268K +$213K +4,831 New
15 16
17
18 19

GBTC Hedge Fund Activity: Q1 2024 in Review

647 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Grayscale Bitcoin Trust (GBTC) for Q1 2024, worth a combined $4.3B.

Buyers outnumbered sellers: 647 funds opened new GBTC positions and 0 closed out — a net gain of 647 holders — while 0 added to existing stakes and 0 trimmed.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $841M.

  • 647 institutional investors held Grayscale Bitcoin Trust (GBTC) as of Q1 2024, up from 0 in Q4 2023.
  • Funds reported $4.3B of Grayscale Bitcoin Trust stock for Q1 2024.
  • 647 funds opened new Grayscale Bitcoin Trust positions in Q1 2024 and 0 closed out, a net change of +647 holders.
  • The largest Grayscale Bitcoin Trust buyer in Q1 2024 was Susquehanna International Group, an estimated $841M added.

Based on aggregated 13F filings for Q1 2024.