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Grayscale Bitcoin Trust

660 hedge funds and large institutions have $2.66B invested in Grayscale Bitcoin Trust in 2024 Q2 according to their latest regulatory filings, with 123 funds opening new positions, 125 increasing their positions, 220 reducing their positions, and 96 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more first-time investments, than exits

New positions opened: 123 | Existing positions closed: 96

2% more funds holding

Funds holding: 647660 (+13)

1.86% less ownership

Funds ownership: 19.7%17.85% (-1.9%)

29% less funds holding in top 10

Funds holding in top 10: 2820 (-8)

38% less capital invested

Capital invested by funds: $4.3B → $2.66B (-$1.65B)

43% less repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 220

Holders
660
Holders Change
+13
Holders Change %
+2.01%
% of All Funds
9.53%
Holding in Top 10
20
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-28.57%
% of All Funds
0.29%
New
123
Increased
125
Reduced
220
Closed
96
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HKAM
1
Horizon Kinetics Asset Management
New York
$794M -$3.31M -62,810 -0.4%
Susquehanna International Group
2
Susquehanna International Group
Pennsylvania
$533M -$423M -8,035,535 -42%
Millennium Management
3
Millennium Management
New York
$82M -$96.6M -1,834,665 -52%
MCM
4
Multicoin Capital Management
Texas
$70.4M
LPL Financial
5
LPL Financial
California
$54.9M +$4.01M +76,049 +7%
BFM
6
Boothbay Fund Management
New York
$46.6M -$13.1M -248,032 -20%
HighTower Advisors
7
HighTower Advisors
Illinois
$37.8M +$31.7K +601 +0.1%
Goldman Sachs
8
Goldman Sachs
New York
$35.1M +$38.5M +730,823 New
BSW
9
Buckingham Strategic Wealth
Missouri
$32.1M -$1.03M -19,570 -3%
DCM
10
Discovery Capital Management
Connecticut
$32.1M -$46.3M -878,294 -57%
GWM
11
Greenwich Wealth Management
Connecticut
$28.7M -$123K -2,334 -0.4%
Wealthfront Advisers
12
Wealthfront Advisers
California
$28.3M +$31M +587,840 New
ECM
13
EagleClaw Capital Management
Massachusetts
$24.8M -$159K -3,017 -0.6%
Focus Partners Wealth
14
Focus Partners Wealth
Massachusetts
$24.4M +$15.1M +285,797 +129%
SDH
15
Sloy Dahl & Holst
Washington
$20.8M -$7.6M -144,254 -25%
MC
16
Moors & Cabot
Massachusetts
$19.6M -$1.13M -21,431 -5%
BFA
17
Beaumont Financial Advisors
Massachusetts
$19.4M +$21.2M +402,434 New
OCM
18
Ovata Capital Management
Hong Kong
$18.2M
Jane Street
19
Jane Street
New York
$16.6M -$90.2M -1,712,153 -83%
MRI
20
Mad River Investors
Massachusetts
$16.4M -$5.37M -102,029 -23%
OCPWS
21
One Charles Private Wealth Services
Massachusetts
$16M -$152K -2,884 -0.9%
KWA
22
Kingswood Wealth Advisors
California
$15.7M -$54.7K -1,039 -0.3%
FTUS
23
Flow Traders U.S.
New York
$15.4M +$10.7M +203,628 +176%
Cetera Investment Advisers
24
Cetera Investment Advisers
Illinois
$15.4M -$4.03M -76,433 -19%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$15.3M -$3.1M -58,883 -16%