Who owns CoinShares Bitcoin ETF (BRRR)
Which tracked institutional funds hold BRRR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BRRR company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
3 tracked funds added or opened BRRR while 4 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
BRRR’s largest tracked holder by dollar value, Marex Group Ltd, sizes it at 2.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BRRR divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 15 tracked filers holding BRRR, 9 increased or opened the position and 9 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in BRRR between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 1
- Quadrature Capital Ltd$1M
Largest adds
- JANE STREET GROUP, LLC$6M
- MEITAV INVESTMENT HOUSE LTD$463K
Largest trims
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$31M
- Marex Group Ltd$24M
- DISCOVERY CAPITAL MANAGEMENT, LLC / CT$697K
- Elequin Capital, LP$638K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Marex Group Ltd added | 18,140,000 | $300M | 90.8% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 535,235 | $9M | 2.7% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 241,111 | $4M | 1.2% | 2026-Q2 |
| MEITAV INVESTMENT HOUSE LTD added | 221,127 | $4M | 1.1% | 2026-Q2 |
| CPR Investments Inc. added | 159,280 | $3M | 0.8% | 2026-Q2 |
| Farringdon Capital, Ltd. added | 72,519 | $1M | 0.4% | 2026-Q2 |
| Quadrature Capital Ltd new | 61,952 | $1M | 0.3% | 2026-Q2 |
| Migdal Insurance & Financial Holdings Ltd. | 38,281 | $732K | 0.2% | 2026-Q2 |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT trimmed | 13,700 | $227K | 0.1% | 2026-Q2 |
| Elequin Capital, LP trimmed | 9,026 | $149K | 0.0% | 2026-Q2 |
| Ameritas Advisory Services, LLC added | 325 | $5K | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC | 229 | $4K | 0.0% | 2026-Q2 |
| Sankala Group LLC trimmed | 18 | $328 | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 1 | $24 | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA new | 15 | — | 0.0% | 2026-Q2 |
| RPO LLC | 54,159 | $2M | 0.5% | 2025-Q3 stale |
| FLOW TRADERS U.S. LLC added | 68,913 | $2M | 0.5% | 2025-Q1 stale |
| Keebeck Wealth Management added | 64,870 | $2M | 0.5% | 2025-Q4 stale |
| Virtu Financial LLC trimmed | 30,579 | $989K | 0.3% | 2025-Q3 stale |
| IMC-Chicago, LLC new | 22,050 | $422K | 0.1% | 2026-Q1 stale |
| CITADEL ADVISORS LLC trimmed | 13,605 | $415K | 0.1% | 2025-Q2 stale |
| Harel Insurance Investments & Financial Services Ltd. added | 19,656 | $376K | 0.1% | 2026-Q1 stale |
| Cambridge Investment Research Advisors, Inc. added | 14,372 | $275K | 0.1% | 2026-Q1 stale |
| OLD MISSION CAPITAL LLC new | 9,487 | $221K | 0.1% | 2025-Q1 stale |
| KERR FINANCIAL PLANNING Corp added | 1,250 | $122K | 0.0% | 2026-Q1 stale |
| SUMMIT SECURITIES GROUP LLC new | 819 | $16K | 0.0% | 2026-Q1 stale |
| TFC Financial Management, Inc. new | 400 | $13K | 0.0% | 2025-Q3 stale |
| OSAIC HOLDINGS, INC. | 5 | $116 | 0.0% | 2025-Q1 stale |
| Federation des caisses Desjardins du Quebec | 1 | $25 | 0.0% | 2025-Q4 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale |
| Cloud Capital Management, LLC new | 2 | — | 0.0% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.