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-Q2 13F filings (latest filed 2026-08-14). 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
The tracked-fund tape on BTCO is one-sided between 2026-Q1 and 2026-Q2: 3 added or opened and 17 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 Digital Inc., sizes it at 6.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 6.7pp 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 2026-Q1 and 2026-Q2, across 45 tracked filers holding BTCO, 16 increased or opened the position and 33 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 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 2
- Quadrature Capital Ltd$737K
- WCG Wealth Advisors LLC$669K
Full exits 9
- Gradient Investments LLC$31M
- Virtu Financial LLC$5M
- JANE STREET GROUP, LLC$4M
- Arete Wealth Advisors, LLC$3M
- Brown Financial Advisors$2M
- Paladin Wealth, LLC$1M
Largest adds
- MEITAV INVESTMENT HOUSE LTD$464K
Largest trims
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$27M
- Galaxy Digital Inc.$7M
- WELLS FARGO & COMPANY/MN$5M
- Cresset Asset Management, LLC$2M
- FIRST TRUST ADVISORS LP$1M
- Key Client Fiduciary Advisors, LLC$1M
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 |
|---|---|---|---|---|
| Galaxy Digital Inc. | 725,000 | $42M | 20.8% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 316,862 | $19M | 9.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 220,083 | $13M | 6.3% | 2026-Q2 |
| Cresset Asset Management, LLC | 172,095 | $10M | 4.9% | 2026-Q2 |
| LPL Financial LLC trimmed | 93,104 | $5M | 2.7% | 2026-Q2 |
| Farringdon Capital, Ltd. added | 84,616 | $5M | 2.4% | 2026-Q2 |
| MEITAV INVESTMENT HOUSE LTD added | 62,673 | $4M | 1.8% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 50,654 | $3M | 1.5% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 35,582 | $2M | 1.0% | 2026-Q2 |
| Tolleson Wealth Management, Inc. | 21,530 | $1M | 0.6% | 2026-Q2 |
| Quadrature Capital Ltd trimmed | 12,617 | $737K | 0.4% | 2026-Q2 |
| WCG Wealth Advisors LLC new | 11,459 | $669K | 0.3% | 2026-Q2 |
| Key Client Fiduciary Advisors, LLC trimmed | 9,957 | $581K | 0.3% | 2026-Q2 |
| Brookstone Capital Management trimmed | 9,552 | $558K | 0.3% | 2026-Q2 |
| RM Financial Services, LLC trimmed | 9,296 | $543K | 0.3% | 2026-Q2 |
| Private Advisor Group, LLC added | 8,948 | $523K | 0.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 8,164 | $477K | 0.2% | 2026-Q2 |
| Venture Visionary Partners LLC | 7,100 | $415K | 0.2% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. | 6,000 | $350K | 0.2% | 2026-Q2 |
| Milestone Asset Management Group, LLC trimmed | 5,884 | $344K | 0.2% | 2026-Q2 |
| Financial Security Advisor, Inc. trimmed | 3,952 | $231K | 0.1% | 2026-Q2 |
| Geneos Wealth Management Inc. | 2,574 | $150K | 0.1% | 2026-Q2 |
| MORGAN STANLEY trimmed | 2,040 | $119K | 0.1% | 2026-Q2 |
| TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH PZU SA trimmed | 1,690 | $99K | 0.0% | 2026-Q2 |
| SIMPLEX TRADING, LLC added | 1,165 | $68K | 0.0% | 2026-Q2 |
| AdvisorNet Financial, Inc | 1,077 | $63K | 0.0% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 1,020 | $60K | 0.0% | 2026-Q2 |
| Clearstead Advisors, LLC | 1,000 | $58K | 0.0% | 2026-Q2 |
| Synergy Investment Management, LLC | 962 | $56K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 756 | $44K | 0.0% | 2026-Q2 |
| TD Waterhouse Canada Inc. new | 600 | $35K | 0.0% | 2026-Q2 |
| SALEM INVESTMENT COUNSELORS INC | 402 | $23K | 0.0% | 2026-Q2 |
| THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. trimmed | 309 | $18K | 0.0% | 2026-Q2 |
| NewEdge Advisors, LLC trimmed | 290 | $17K | 0.0% | 2026-Q2 |
| 1620 INVESTMENT ADVISORS, INC. | 200 | $12K | 0.0% | 2026-Q2 |
| IFG Advisory, LLC new | 145 | $8K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO new | 102 | $6K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 97 | $6K | 0.0% | 2026-Q2 |
| SIGNATUREFD, LLC | 100 | $6K | 0.0% | 2026-Q2 |
| Larson Financial Group LLC | 100 | $6K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. | 50 | $3K | 0.0% | 2026-Q2 |
| Westside Investment Management, Inc. | 40 | $2K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 40 | $2K | 0.0% | 2026-Q2 |
| Abound Wealth Management | 24 | $1K | 0.0% | 2026-Q2 |
| Luminist Capital LLC new | 0 | $818 | 0.0% | 2026-Q2 |
| Gradient Investments LLC added | 466,647 | $31M | 15.4% | 2026-Q1 stale (1 quarter behind) |
| Virtu Financial LLC added | 68,789 | $5M | 2.3% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC added | 52,187 | $4M | 1.7% | 2026-Q1 stale (1 quarter behind) |
| Arete Wealth Advisors, LLC added | 46,051 | $3M | 1.5% | 2026-Q1 stale (1 quarter behind) |
| Brown Financial Advisors added | 23,532 | $2M | 0.8% | 2026-Q1 stale (1 quarter behind) |
| Paladin Wealth, LLC added | 16,537 | $1M | 0.5% | 2026-Q1 stale (1 quarter behind) |
| Fortis Group Advisors, LLC trimmed | 10,954 | $833K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Mattson Financial Services, LLC added | 10,884 | $734K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Vise Technologies, Inc. | 6,768 | $590K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Watchman Group, Inc. | 6,210 | $419K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Harel Insurance Investments & Financial Services Ltd. added | 5,572 | $376K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. trimmed | 5,338 | $360K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| A4 Wealth Advisors LLC trimmed | 3,167 | $214K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| HRT FINANCIAL LP trimmed | 3,124 | $210K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| KELLEHER FINANCIAL ADVISORS | 520 | $56K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC | 813 | $55K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| QUADRANT CAPITAL GROUP LLC | 94 | $49K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Western Wealth Management, LLC new | 598 | $40K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| TSFG, LLC | 320 | $22K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| HANTZ FINANCIAL SERVICES, INC. added | 117 | $8K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| IFP Advisors, Inc | 1 | $67 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| RPO LLC | 20,300 | $2M | 0.9% | 2025-Q4 stale (2 quarters behind) |
| FLOW TRADERS U.S. LLC added | 13,030 | $1M | 0.6% | 2025-Q4 stale (2 quarters behind) |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 11,900 | $1M | 0.5% | 2025-Q4 stale (2 quarters behind) |
| OLD MISSION CAPITAL LLC added | 11,808 | $1M | 0.5% | 2025-Q4 stale (2 quarters behind) |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new | 7,897 | $727K | 0.4% | 2025-Q4 stale (2 quarters behind) |
| Valeo Financial Advisors, LLC | 7,086 | $618K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| KESTRA PRIVATE WEALTH SERVICES, LLC | 4,239 | $370K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| Retirement Planning Group, LLC trimmed | 2,721 | $237K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Mariner, LLC added | 2,674 | $233K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| CreativeOne Wealth, LLC added | 2,534 | $221K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Fortress Financial Solutions, LLC | 2,420 | $211K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| CIBC Private Wealth Group LLC | 1,500 | $131K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Global Retirement Partners, LLC | 250 | $22K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Valued Wealth Advisors LLC trimmed | 7 | $611 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Tidal Investments LLC added | 289,594 | $33M | 16.2% | 2025-Q3 stale (3 quarters behind) |
| Gerber Kawasaki Wealth & Investment Management | 6,000 | $684K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| Fermata Advisors, LLC trimmed | 3,168 | $361K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Focus Partners Advisor Solutions, LLC new | 2,882 | $305K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Kercheville Advisors, LLC added | 2,600 | $296K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Wealthspire Advisors, LLC new | 100 | $11K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| GPS Wealth Strategies Group, LLC added | 64 | $7K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Ameritas Advisory Services, LLC | 33 | $4K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| BANK OF AMERICA CORP /DE/ | 1 | $114 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Cloud Capital Management, LLC new | 4 | — | 0.0% | 2025-Q3 stale (3 quarters behind) |
| AVANTAX ADVISORY SERVICES, INC. added | 8,935 | $961K | 0.5% | 2025-Q2 stale (4 quarters behind) |
| AE Wealth Management LLC added | 4,384 | $471K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| North Capital, Inc. new | 1,000 | $108K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| RAYMOND JAMES FINANCIAL INC new | 508 | $55K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| UBS Group AG | 23 | $2K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
1 parent filing withheld from the table above, and from the coverage figures, to avoid listing one book twice: Galaxy Group Investments LLC (last filed 2025-Q4, 725,000 shares) reconciles to its 1 current affiliate (725,000 shares) — 0.000% apart.
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.