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Institutional Ownership · SEC Form 13F

Who owns Grayscale Ethereum Staking ETF (ETHE)


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

Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

262
Institutional holders
8M
Shares held (tracked funds)
7.4%
Of shares outstanding

How the tape is positioned

The tracked-fund tape on ETHE is one-sided between 2025-Q4 and 2026-Q1: 8 added or opened and 65 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

ETHE’s largest tracked holder by dollar value, DRW Securities, LLC, sizes it at 0.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in ETHE 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 376 tracked filers holding ETHE, 87 increased or opened the position and 148 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 ETHE 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 3

  • Manatuck Hill Partners, LLC$2M
  • SURIENCE PRIVATE WEALTH LLC$1M
  • SIMPLEX TRADING, LLC$915K

Full exits 16

  • Turner Capital Investments, LLC$36M
  • DRW Securities, LLC$12M
  • Hudson Bay Capital Management LP$4M
  • Rye Brook Capital LLC$3M
  • BAROMETER CAPITAL MANAGEMENT INC.$3M
  • Halter Ferguson Financial Inc.$2M

Largest adds

  • MORGAN STANLEY$10M
  • Integrated Advisors Network LLC$3M
  • JANE STREET GROUP, LLC$2M
  • GROUP ONE TRADING LLC$954K
  • Advisory Services Network, LLC$493K

Largest trims

  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$5M
  • STATE OF MICHIGAN RETIREMENT SYSTEM$3M
  • Wealthfront Advisers LLC$2M
  • LPL Financial LLC$2M
  • Robertson Opportunity Capital, LLC$2M
  • Pasadena Private Wealth, LLC$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
MORGAN STANLEY added586,022$10M4.7%2026-Q1
STATE OF MICHIGAN RETIREMENT SYSTEM460,000$8M3.7%2026-Q1
Integrated Advisors Network LLC added358,249$6M2.9%2026-Q1
CITADEL ADVISORS LLC added326,430$6M2.6%2026-Q1
Wealthfront Advisers LLC trimmed272,314$5M2.2%2026-Q1
LPL Financial LLC trimmed263,354$4M2.1%2026-Q1
Robertson Opportunity Capital, LLC251,643$4M2.0%2026-Q1
TITLEIST ASSET MANAGEMENT, LLC added213,968$4M1.7%2026-Q1
Pasadena Private Wealth, LLC trimmed204,878$3M1.7%2026-Q1
JANE STREET GROUP, LLC added204,630$3M1.7%2026-Q1
RBF Capital, LLC200,001$3M1.6%2026-Q1
Sloy Dahl & Holst, LLC trimmed187,658$3M1.5%2026-Q1
Focus Partners Wealth added176,610$3M1.4%2026-Q1
Verde Capital Management added164,312$3M1.3%2026-Q1
Private Advisor Group, LLC added131,872$2M1.1%2026-Q1
Mariner, LLC trimmed125,933$2M1.0%2026-Q1
Haven Private, LLC123,282$2M1.0%2026-Q1
Manatuck Hill Partners, LLC new120,000$2M1.0%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed119,868$2M1.0%2026-Q1
Fielder Capital Group LLC110,246$2M0.9%2026-Q1
GROUP ONE TRADING LLC added103,250$2M0.8%2026-Q1
Smithfield Trust Co90,250$2M0.7%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed78,893$1M0.6%2026-Q1
MONECO ADVISORS, LLC trimmed68,596$1M0.6%2026-Q1
Beacon Pointe Advisors, LLC added66,418$1M0.5%2026-Q1
SURIENCE PRIVATE WEALTH LLC added64,988$1M0.5%2026-Q1
Cetera Investment Advisers trimmed62,156$1M0.5%2026-Q1
Van Hulzen Asset Management, LLC trimmed60,657$1M0.5%2026-Q1
INTRINSIC EDGE CAPITAL MANAGEMENT LLC added60,000$1M0.5%2026-Q1
Intellectus Partners, LLC added59,853$1M0.5%2026-Q1
Cambridge Investment Research Advisors, Inc. trimmed57,579$983K0.5%2026-Q1
SIMPLEX TRADING, LLC trimmed53,616$915K0.4%2026-Q1
TRU INDEPENDENCE ASSET MANAGEMENT 2, LLC50,917$869K0.4%2026-Q1
Aristides Capital LLC added50,800$867K0.4%2026-Q1
Aurora Private Wealth, Inc.35,265$859K0.4%2026-Q1
Advisory Services Network, LLC added49,730$849K0.4%2026-Q1
Interchange Capital Partners, LLC added54,396$834K0.4%2026-Q1
TigerOak Management, L.L.C.48,300$824K0.4%2026-Q1
PYA Waltman Capital, LLC trimmed48,232$823K0.4%2026-Q1
CAPTRUST FINANCIAL ADVISORS added47,236$806K0.4%2026-Q1
Private Capital Advisors, Inc. added45,611$779K0.4%2026-Q1
Finer Wealth Management, Inc. added43,600$744K0.4%2026-Q1
Arkadios Wealth Advisors added42,956$733K0.3%2026-Q1
HighTower Advisors, LLC trimmed42,686$729K0.3%2026-Q1
Creative Planning added41,579$710K0.3%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed41,765$702K0.3%2026-Q1
Simplicity Wealth,LLC added40,057$684K0.3%2026-Q1
INSIGNEO ADVISORY SERVICES, LLC added39,366$672K0.3%2026-Q1
Pinnacle Financial Partners, Inc. added39,072$667K0.3%2026-Q1
Cresset Asset Management, LLC trimmed38,691$660K0.3%2026-Q1
Prosperity Financial Group, Inc.38,344$655K0.3%2026-Q1
Foundations Investment Advisors, LLC trimmed36,540$624K0.3%2026-Q1
Formidable Asset Management, LLC trimmed25,345$618K0.3%2026-Q1
UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed34,701$592K0.3%2026-Q1
HB Wealth Management, LLC added34,129$583K0.3%2026-Q1
Kestra Advisory Services, LLC trimmed33,923$579K0.3%2026-Q1
Aries Wealth Management32,977$563K0.3%2026-Q1
TRUIST FINANCIAL CORP32,800$560K0.3%2026-Q1
REGIONS FINANCIAL CORP added32,763$559K0.3%2026-Q1
SLT Holdings LLC trimmed32,625$557K0.3%2026-Q1
INDEPENDENT FINANCIAL GROUP, LLC trimmed31,999$546K0.3%2026-Q1
Cyndeo Wealth Partners, LLC added30,750$525K0.2%2026-Q1
KESTRA PRIVATE WEALTH SERVICES, LLC added30,471$520K0.2%2026-Q1
Illumine Investment Management, LLC trimmed30,018$512K0.2%2026-Q1
CURA WEALTH ADVISORS, LLC trimmed29,800$509K0.2%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV trimmed29,347$501K0.2%2026-Q1
KINGSWOOD WEALTH ADVISORS, LLC trimmed29,212$499K0.2%2026-Q1
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC28,715$490K0.2%2026-Q1
Turner Capital Investments, LLC new623,267$36M17.1%2025-Q4 stale
DRW Securities, LLC trimmed506,269$12M5.8%2025-Q4 stale
SCOGGIN MANAGEMENT LP230,000$8M3.7%2025-Q3 stale
Hudson Bay Capital Management LP104,306$4M1.7%2025-Q4 stale
SYNOVUS FINANCIAL CORP added99,549$3M1.6%2025-Q3 stale
Rye Brook Capital LLC trimmed139,300$3M1.6%2025-Q4 stale
BAROMETER CAPITAL MANAGEMENT INC. added130,500$3M1.2%2025-Q4 stale
Halter Ferguson Financial Inc. new75,371$2M0.9%2025-Q4 stale
EVERGREEN CAPITAL MANAGEMENT LLC trimmed72,860$2M0.8%2025-Q4 stale
Sterling Financial Group, Inc. added50,000$2M0.8%2025-Q3 stale
Everstar Asset Management, LLC new48,586$2M0.8%2025-Q3 stale
MARATHON ASSET MANAGEMENT LP new100,000$2M0.7%2025-Q1 stale
WOLVERINE TRADING, LLC added36,939$1M0.6%2025-Q3 stale
Marex Group plc trimmed81,300$1M0.6%2025-Q1 stale
Genesis Financial Group, LLC new42,905$1M0.5%2025-Q4 stale
Benson Wealth Management INC new42,480$1M0.5%2025-Q4 stale
Jump Financial, LLC trimmed41,080$1M0.5%2025-Q4 stale
CIBC Private Wealth Group LLC40,281$982K0.5%2025-Q4 stale
Verdence Capital Advisors LLC trimmed27,808$959K0.5%2025-Q3 stale
Virtu Financial LLC trimmed27,724$950K0.5%2025-Q3 stale
NewEdge Advisors, LLC trimmed35,865$874K0.4%2025-Q4 stale
NWAM LLC trimmed35,888$850K0.4%2025-Q4 stale
WESPAC Advisors, LLC new24,679$846K0.4%2025-Q3 stale
Bosman Wealth Management, LLC new23,245$797K0.4%2025-Q3 stale
IPG Investment Advisors LLC added30,830$751K0.4%2025-Q4 stale
Glaxis Capital Management, LLC new20,000$685K0.3%2025-Q3 stale
Palumbo Wealth Management LLC new28,095$685K0.3%2025-Q4 stale
AVANTAX ADVISORY SERVICES, INC. trimmed29,955$625K0.3%2025-Q2 stale
Strategic Financial Concepts, LLC trimmed17,620$604K0.3%2025-Q3 stale
Zuckerman Investment Group, LLC16,000$548K0.3%2025-Q3 stale
U.S. Capital Wealth Advisors, LLC added20,770$506K0.2%2025-Q4 stale
Atria Wealth Solutions, Inc. trimmed32,328$492K0.2%2025-Q1 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.

Learn how to read institutional ownership