BTC Institutional Ownership
Who owns Grayscale Bitcoin Mini Trust ETF and what the big funds did with it last quarter, from every SEC 13F filing. 462 funds reported holding BTC at Jun 30, 2026, together owning 26.7% of the company.
- ●179 buying vs 180 selling
- ▲Held by funds +2.5 pts
- ▼Funds holding -29
- ▼Superinvestors: 1 added, 2 cut
- ●Put/call not meaningful
What the filings show, not a forecast. Positions can be up to 45 days old and leave out short sales.
Funds holding and ownership
8 quartersQuarter over quarter
all 13F filers| Q2 2026 | This quarter | Q1 2026 | Change |
|---|---|---|---|
| Funds holding | 462 | 491 | −5.9% |
| In funds' top 10 | 7 | 8 | −12.5% |
| 13F shares | 35.6M | 32.3M | +10.2% |
| Held by funds | 26.7% | 24.2% | +2.5 pts |
| New positions | 40 | 58 | −31.0% |
| Increased | 139 | 168 | −17.3% |
| Reduced | 114 | 99 | +15.2% |
| Sold out | 66 | 80 | −17.5% |
| Calls (shares) | 0 | 800 | −100.0% |
| Puts (shares) | 0 | 0 | – |
| Put/call ratio | – | 0.00 | – |
Buyers vs sellers
adding or new vs cutting or sold outSuperinvestors in BTC
All superinvestors →
Who owns BTC
share of fund held shares- Index and passive funds0.0%
- Active managers and hedge funds83.3%
- Banks and brokers12.4%
- Pensions, insurers and other4.2%
The top 10 holders own 56.1% of all BTC shares that funds reported. Groups are our own grouping of filers by name.
Put/call ratio
funds' options, market makers left outAbove 1 means funds hold more puts than calls, a sign of hedging or bets on a fall. Options are valued at the underlying shares.
Filed so far for Q3 2026
163 funds changed their position- SteelPeak Wealth, LLCSold out−586K sh
- GFS Advisors, LLCSold out−422K sh
- Cambridge Investment Research Advisors, Inc.Trimmed−186K sh
- Pacific Excel Wealth Advisors, Inc.Sold out−205K sh
- Tuttle Capital Management, LLCNew+90K sh
🔒 Free account: see all 20.
Top holders
Q2 2026| # | Fund | Of company | Shares | Value | Change |
|---|---|---|---|---|---|
| 1 | Horizon Kinetics Asset Management LLC | 4.56% | 6.1M | $157M | +3.1M |
| 2 | Bullish | 3.40% | 4.5M | $117M | 0 |
| 3 | Wells Fargo & Company/mn | 1.93% | 2.6M | $66.6M | +486K |
| 4 | Emory University | 1.02% | 1.4M | $35.1M | 0 |
| 5 | Paragon Advisors, LLC | 0.98% | 1.3M | $33.9M | +233K |
| 6 | Tidal Investments LLC | 0.82% | 1.1M | $28.4M | +103K |
| 7 | Sloy Dahl & Holst, LLC | 0.72% | 955K | $24.8M | +104K |
| 8 | Morgan Stanley | 0.64% | 859K | $22.3M | +140K |
| 9 | Kaleidoscope Capital LP | 0.48% | 638K | $16.5M | +26K |
| 10 | SteelPeak Wealth, LLC | 0.44% | 586K | $15.2M | −14K |
- Horizon Kinetics Asset Management LLC+3.1M sh+$79.5M
- Wells Fargo & Company/mn+486K sh+$12.6M
- GFS Advisors, LLC+422K sh+$11M
- Verde Capital Management+312K sh+$8.1M
- Paragon Advisors, LLC+233K sh+$6M
- Pacific Excel Wealth Advisors, Inc.+205K sh+$5.3M
- Virtu Financial LLC+165K sh+$4.3M
- Cambridge Investment Research Advisors, Inc.+148K sh+$3.8M
- Steward Partners Investment Advisory, LLC−843K sh−$21.9M
- Susquehanna International Group, LLP−838K sh−$21.8M
- Millennium Management LLC−576K sh−$14.9M
- Beacon Pointe Advisors, LLC−250K sh−$6.5M
- Riversedge Advisors, LLC−228K sh−$5.9M
- Jane Street Group, LLC−195K sh−$5.8M
- Gem Investment Advisors, LLC−104K sh−$2.7M
- Beck Capital Management, LLC−77K sh−$2.3M
BTC institutional ownership FAQ
Who owns the most BTC stock?
In Q2 2026 13F filings the largest holder of BTC was Horizon Kinetics Asset Management LLC, followed by Bullish and Wells Fargo & Company/mn. Index fund managers are usually the biggest holders of large companies.
What percentage of BTC is owned by institutions?
Funds that file 13F reports held 26.7% of BTC's shares at Jun 30, 2026, compared with 24.2% a quarter earlier. That counts every manager with more than $100 million in US stocks.
Are hedge funds buying BTC?
In Q2 2026, 179 funds bought BTC (40 of them new positions) and 180 sold (66 sold out completely). Among well known investors, 1 added and 2 cut. Our fund sentiment for BTC is neutral.
What is BTC's institutional put/call ratio?
Too few option positions were reported for a meaningful ratio.
How current is this BTC ownership data?
13F filings show holdings at the end of each quarter and are due within 45 days, so positions can be up to six weeks old when they appear. We add each new filing within minutes, and the "filed so far" list shows funds that have already reported the next quarter.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Fund sentiment summarises what 13F filings show and is not a forecast. Holdings come from SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.