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Institutional Ownership · SEC Form 13F

Who owns BTCO


Which tracked institutional funds hold BTCO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BTCO company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

55
Institutional holders
3M
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on BTCO is one-sided between 2025-Q4 and 2026-Q1: 6 added or opened and 19 trimmed or exited — on balance reducing.

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

BTCO’s largest tracked holder by dollar value, Galaxy Group Investments LLC, sizes it at 7.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 7.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in BTCO 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 2025-Q4 and 2026-Q1, across 55 tracked filers holding BTCO, 26 increased or opened the position and 31 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 BTCO between the 2025-Q4 and 2026-Q1 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 2

  • Galaxy Digital Inc.$49M
  • JANE STREET GROUP, LLC$4M

Full exits 8

  • Galaxy Group Investments LLC$63M
  • RPO LLC$2M
  • FLOW TRADERS U.S. LLC$1M
  • Tolleson Wealth Management, Inc.$1M
  • RENAISSANCE TECHNOLOGIES LLC$1M
  • OLD MISSION CAPITAL LLC$1M

Largest adds

  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$38M
  • Virtu Financial LLC$2M
  • Arete Wealth Advisors, LLC$431K
  • MEITAV INVESTMENT HOUSE LTD$350K

Largest trims

  • WELLS FARGO & COMPANY/MN$10M
  • Gradient Investments LLC$5M
  • Cresset Asset Management, LLC$3M
  • ENVESTNET ASSET MANAGEMENT INC$2M
  • Private Advisor Group, LLC$2M
  • Cetera Investment Advisers$2M

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).

FundSharesReported value% of valueQuarter
Galaxy Digital Inc. new725,000$49M14.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added680,842$46M13.3%2026-Q1
Gradient Investments LLC added466,647$31M9.1%2026-Q1
WELLS FARGO & COMPANY/MN trimmed257,615$17M5.0%2026-Q1
Cresset Asset Management, LLC172,095$12M3.4%2026-Q1
LPL Financial LLC added93,858$6M1.8%2026-Q1
Farringdon Capital, Ltd. added74,020$5M1.4%2026-Q1
Virtu Financial LLC added68,789$5M1.3%2026-Q1
FIRST TRUST ADVISORS LP trimmed61,392$4M1.2%2026-Q1
JANE STREET GROUP, LLC added52,187$4M1.0%2026-Q1
MEITAV INVESTMENT HOUSE LTD added47,368$3M0.9%2026-Q1
Arete Wealth Advisors, LLC added46,051$3M0.9%2026-Q1
Cetera Investment Advisers trimmed45,676$3M0.9%2026-Q1
Key Client Fiduciary Advisors, LLC added25,061$2M0.5%2026-Q1
Brown Financial Advisors added23,532$2M0.5%2026-Q1
Paladin Wealth, LLC added16,537$1M0.3%2026-Q1
Fortis Group Advisors, LLC trimmed10,954$833K0.2%2026-Q1
Mattson Financial Services, LLC added10,884$734K0.2%2026-Q1
RM Financial Services, LLC added9,844$664K0.2%2026-Q1
Brookstone Capital Management trimmed9,754$658K0.2%2026-Q1
Vise Technologies, Inc.6,768$590K0.2%2026-Q1
ENVESTNET ASSET MANAGEMENT INC trimmed7,483$505K0.1%2026-Q1
Venture Visionary Partners LLC7,100$479K0.1%2026-Q1
Private Advisor Group, LLC trimmed6,634$448K0.1%2026-Q1
Watchman Group, Inc.6,210$419K0.1%2026-Q1
GREAT VALLEY ADVISOR GROUP, INC.6,000$405K0.1%2026-Q1
Milestone Asset Management Group, LLC trimmed5,925$400K0.1%2026-Q1
Harel Insurance Investments & Financial Services Ltd. added5,572$376K0.1%2026-Q1
Cambridge Investment Research Advisors, Inc. trimmed5,338$360K0.1%2026-Q1
Financial Security Advisor, Inc. trimmed4,162$281K0.1%2026-Q1
MORGAN STANLEY added3,892$263K0.1%2026-Q1
A4 Wealth Advisors LLC trimmed3,167$214K0.1%2026-Q1
HRT FINANCIAL LP trimmed3,124$210K0.1%2026-Q1
Geneos Wealth Management Inc.2,574$174K0.1%2026-Q1
TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH PZU SA added1,890$128K0.0%2026-Q1
AdvisorNet Financial, Inc trimmed1,077$73K0.0%2026-Q1
Clearstead Advisors, LLC added1,000$67K0.0%2026-Q1
Synergy Investment Management, LLC added962$65K0.0%2026-Q1
KELLEHER FINANCIAL ADVISORS520$56K0.0%2026-Q1
CWM, LLC813$55K0.0%2026-Q1
SIMPLEX TRADING, LLC trimmed760$51K0.0%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added733$49K0.0%2026-Q1
QUADRANT CAPITAL GROUP LLC94$49K0.0%2026-Q1
Western Wealth Management, LLC new598$40K0.0%2026-Q1
SALEM INVESTMENT COUNSELORS INC new402$27K0.0%2026-Q1
THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. added364$25K0.0%2026-Q1
TSFG, LLC320$22K0.0%2026-Q1
1620 INVESTMENT ADVISORS, INC. trimmed200$13K0.0%2026-Q1
HANTZ FINANCIAL SERVICES, INC. added117$8K0.0%2026-Q1
SIGNATUREFD, LLC100$7K0.0%2026-Q1
Larson Financial Group LLC100$7K0.0%2026-Q1
HARBOUR INVESTMENTS, INC.50$3K0.0%2026-Q1
Westside Investment Management, Inc.40$3K0.0%2026-Q1
Abound Wealth Management new24$2K0.0%2026-Q1
IFP Advisors, Inc1$670.0%2026-Q1
Galaxy Group Investments LLC725,000$63M18.3%2025-Q4 stale
IMC-Chicago, LLC added414,952$34M9.9%2025-Q1 stale
Tidal Investments LLC added289,594$33M9.6%2025-Q3 stale
RPO LLC20,300$2M0.5%2025-Q4 stale
FLOW TRADERS U.S. LLC added13,030$1M0.3%2025-Q4 stale
Tolleson Wealth Management, Inc.13,030$1M0.3%2025-Q4 stale
RENAISSANCE TECHNOLOGIES LLC trimmed11,900$1M0.3%2025-Q4 stale
OLD MISSION CAPITAL LLC added11,808$1M0.3%2025-Q4 stale
AVANTAX ADVISORY SERVICES, INC. added8,935$961K0.3%2025-Q2 stale
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new7,897$727K0.2%2025-Q4 stale
Gerber Kawasaki Wealth & Investment Management6,000$684K0.2%2025-Q3 stale
Valeo Financial Advisors, LLC7,086$618K0.2%2025-Q4 stale
CITADEL ADVISORS LLC trimmed5,829$479K0.1%2025-Q1 stale
AE Wealth Management LLC added4,384$471K0.1%2025-Q2 stale
KESTRA PRIVATE WEALTH SERVICES, LLC4,239$370K0.1%2025-Q4 stale
Fermata Advisors, LLC trimmed3,168$361K0.1%2025-Q3 stale
Focus Partners Advisor Solutions, LLC new2,882$305K0.1%2025-Q3 stale
Kercheville Advisors, LLC added2,600$296K0.1%2025-Q3 stale
Retirement Planning Group, LLC trimmed2,721$237K0.1%2025-Q4 stale
Mariner, LLC added2,674$233K0.1%2025-Q4 stale
CreativeOne Wealth, LLC added2,534$221K0.1%2025-Q4 stale
Fortress Financial Solutions, LLC2,420$211K0.1%2025-Q4 stale
Kestra Advisory Services, LLC new1,924$158K0.0%2025-Q1 stale
CIBC Private Wealth Group LLC1,500$131K0.0%2025-Q4 stale
Financial Management Professionals, Inc.1,322$109K0.0%2025-Q1 stale
North Capital, Inc. new1,000$108K0.0%2025-Q2 stale
NewEdge Advisors, LLC added1,040$91K0.0%2025-Q4 stale
SVB WEALTH LLC new710$58K0.0%2025-Q1 stale
RAYMOND JAMES FINANCIAL INC new508$55K0.0%2025-Q2 stale
Global Retirement Partners, LLC250$22K0.0%2025-Q4 stale
Wealthspire Advisors, LLC new100$11K0.0%2025-Q3 stale
GPS Wealth Strategies Group, LLC added64$7K0.0%2025-Q3 stale
Compass Wealth Management LLC50$4K0.0%2025-Q1 stale
Ameritas Advisory Services, LLC33$4K0.0%2025-Q3 stale
UBS Group AG23$2K0.0%2025-Q2 stale
Tower Research Capital LLC (TRC) trimmed7$7530.0%2025-Q2 stale
Valued Wealth Advisors LLC trimmed7$6110.0%2025-Q4 stale
BANK OF AMERICA CORP /DE/1$1140.0%2025-Q3 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC.00.0%2025-Q2 stale
Cloud Capital Management, LLC new40.0%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.

HoldersTotal shares

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.

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