Grayscale CoinDesk Crypto 5 ETF
GDLC
78 hedge funds and large institutions have $53.9M invested in Grayscale CoinDesk Crypto 5 ETF in 2026 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 26 increasing their positions, 10 reducing their positions, and 23 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 10
0.36% more ownership
Funds ownership: 13.72% → 14.08% (+0.36%)
8% less funds holding
Funds holding: 85 → 78 (-7)
13% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 23
28% less capital invested
Capital invested by funds: $75.3M → $53.9M (-$21.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPW
Pasadena Private Wealth
Pasadena,
California
|
+$8.03M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.51M |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$2.22M |
| 4 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
+$1.85M |
| 5 |
Pathstone Holdings
Englewood,
New Jersey
|
+$970K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$17.5M |
| 2 |
RA
Riversedge Advisors
Wilmington,
Delaware
|
-$4.64M |
| 3 |
Jane Street
New York
|
-$2.61M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$975K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$721K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NS
101
NBC Securities
Birmingham,
Alabama
| – | -$8.68K | -210 | Closed |
|
102
Rockefeller Capital Management
New York
| – | -$3.1K | -75 | Closed |
|
GDLC Hedge Fund Activity: Q1 2026 in Review
78 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in Grayscale CoinDesk Crypto 5 ETF (GDLC) for Q1 2026, worth a combined $53.9M — down 28% from $75.3M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of GDLC and 20 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 26 added.
The largest buyer was Pasadena Private Wealth, adding an estimated $8.03M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $17.5M sold.
- 78 institutional investors held Grayscale CoinDesk Crypto 5 ETF (GDLC) as of Q1 2026, down from 85 in Q4 2025.
- Funds reported $53.9M of Grayscale CoinDesk Crypto 5 ETF stock for Q1 2026, down 28% quarter-over-quarter.
- 20 funds opened new Grayscale CoinDesk Crypto 5 ETF positions in Q1 2026 and 23 closed out, a net change of -3 holders.
- The largest Grayscale CoinDesk Crypto 5 ETF buyer in Q1 2026 was Pasadena Private Wealth, an estimated $8.03M added.
- The largest Grayscale CoinDesk Crypto 5 ETF seller in Q1 2026 was Discovery Capital Management, an estimated $17.5M sold.
Based on aggregated 13F filings for Q1 2026.