GRAYSCALE BITCOIN TRUST ETF

Ticker: GBTC CUSIP: 389637109 Class: ETF

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
HORIZON KINETICS ASSET MANAGEMENT LLC14,113,593$964,805
LPL Financial LLC977,214$66,802
Greenwich Wealth Management LLC635,001$40
HighTower Advisors, LLC620,363$42,408
SUSQUEHANNA INTERNATIONAL GROUP, LLP521,072$35,620
MAD RIVER INVESTORS360,454$24,641
Wealthfront Advisers LLC354,702$24,247
EagleClaw Capital Managment, LLC332,841$22,753
Moors & Cabot, Inc.315,519$21,569
Multicoin Capital Management, LLC302,251$20,662
KINGSWOOD WEALTH ADVISORS, LLC283,835$19,403
One Charles Private Wealth Services, LLC278,603$19,045
Beaumont Financial Advisors, LLC271,467$18,558
Cambridge Investment Research Advisors, Inc.259,925$18
Cresset Asset Management, LLC243,904$16,673
DRW Securities, LLC232,691$15,907
OLD MISSION CAPITAL LLC221,544$15,145
Focus Partners Wealth221,130$16,929
COMMONWEALTH EQUITY SERVICES, LLC207,463$14,182
Cetera Investment Advisers184,976$12,645
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC184,647$13,331
Mariner, LLC173,207$11,840
Lido Advisors, LLC159,295$13,904
RBF Capital, LLC150,000$10,254
Atlas Wealth Partners, LLC142,712$9,756
Creative Planning135,990$9,296
Sloy Dahl & Holst, LLC134,430$9,190
Fiduciary Alliance LLC134,253$9,178
Foundations Investment Advisors, LLC127,107$8,689
LAKEWOOD CAPITAL MANAGEMENT, LP123,500$8,442
SLT Holdings LLC122,775$8,393
RENAISSANCE TECHNOLOGIES LLC120,100$8,210
Pasadena Private Wealth, LLC119,266$8,153
Sequoia Financial Advisors, LLC118,945$8,131
IEQ CAPITAL, LLC117,106$8,005
Fielder Capital Group LLC112,760$7,708
ONCE CAPITAL MANAGEMENT, LLC107,700$7,362
BLAIR WILLIAM & CO/IL107,329$7,337
Birch Hill Investment Advisors LLC102,850$7,031
Citrine Capital LLC101,811$6,960
ICONIQ Capital, LLC101,575$6,944
Kestra Advisory Services, LLC100,737$6,886
MILLENNIUM MANAGEMENT LLC100,000$6,836
Red Door Wealth Management, LLC95,690$6,541
MORGAN STANLEY93,441$6,388
Larson Financial Group LLC92,156$6,300
Claro Advisors Inc.90,190$6,165
RAYMOND JAMES FINANCIAL INC87,523$5,983
TRAPHAGEN INVESTMENT ADVISORS LLC85,252$5,828
CITADEL ADVISORS LLC83,822$5,730
OSAIC HOLDINGS, INC.82,156$5,616
Corient Private Wealth LLC80,990$3,234
Van Hulzen Asset Management, LLC77,934$5,328
Advisory Services Network, LLC76,407$5,223
Intellectus Partners, LLC76,266$5,214
SCS Capital Management LLC75,957$5,192
Haven Private, LLC73,437$5,020
MERCER GLOBAL ADVISORS INC /ADV72,584$4,962
Farther Finance Advisors, LLC72,070$4,927
Variant Private Wealth, LLC71,666$4,899
ENVESTNET ASSET MANAGEMENT INC69,568$4,756
WESCAP Management Group, Inc.69,176$4,729
Guild Investment Management, Inc.67,325$4,602
Palumbo Wealth Management LLC67,259$4,598
Ascension Capital Advisors, Inc.65,907$4,505
Global Retirement Partners, LLC64,428$4,404
MONECO Advisors, LLC64,271$4,394
Kovitz Investment Group Partners, LLC64,222$4,390
SELDON CAPITAL LP64,207$4,389
Cerity Partners LLC62,791$4,293
NewEdge Wealth, LLC60,855$4,160
BLUE SQUARE ASSET MANAGEMENT, LLC60,217$4,116
Pekin Hardy Strauss, Inc.58,419$3,994
Keystone Financial Group56,312$3,849
Legacy Wealth Asset Management, LLC56,309$3,849
Smithfield Trust Co56,195$4
Virtu Financial LLC55,584$4
Bleakley Financial Group, LLC55,363$3,785
KESTRA PRIVATE WEALTH SERVICES, LLC55,008$3,760
NTV Asset Management LLC52,485$3,588
BROWN ADVISORY INC51,616$3,528
Convergence Financial, LLC51,460$3,518
Verde Capital Management51,322$3,508
BECK CAPITAL MANAGEMENT, LLC49,845$3,407
US BANCORP \DE\47,613$3,255
Merit Financial Group, LLC47,418$3,241
PNC Financial Services Group, Inc.46,863$3,204
EFG International AG45,050$3,080
Proficio Capital Partners LLC44,162$3,019
CERTIOR FINANCIAL GROUP, LLC43,676$2,986
FAGAN ASSOCIATES, INC.43,053$2,943
HFG Wealth Management, LLC43,020$2,941
NewEdge Advisors, LLC42,652$2,916
Wealthspire Advisors, LLC42,395$2,898
Brookstone Capital Management40,506$2,769
MGO ONE SEVEN LLC39,296$2,686
Prosperity Financial Group, Inc.39,055$2,670
CAPTRUST FINANCIAL ADVISORS38,536$2,634
Cyndeo Wealth Partners, LLC37,739$2,580
Visionary Wealth Advisors36,811$2,516
620 other institutions4,890,371$320,718
Total (720 institutions)32,222,544$2,123,627