Who owns ETHU
Which tracked institutional funds hold ETHU, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ETHU company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-15). 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
9 tracked funds added or opened ETHU while 8 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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
ETHU’s largest tracked holder by dollar value, CloudAlpha Capital Management Limited/Hong Kong, sizes it at 7.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 7.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ETHU 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 35 tracked filers holding ETHU, 21 increased or opened the position and 20 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 ETHU 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 5
- NKCFO LLC$894K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$743K
- UBS Group AG$670K
- GROUP ONE TRADING LLC$582K
- SIMPLEX TRADING, LLC$556K
Full exits 2
- DRW Securities, LLC$22M
- IMC-Chicago, LLC$3M
Largest adds
- CITADEL ADVISORS LLC$18M
- KEYWISE CAPITAL MANAGEMENT (HK) Ltd$2M
- Foundations Investment Advisors, LLC$821K
- SLT Holdings LLC$821K
Largest trims
- JANE STREET GROUP, LLC$11M
- FLOW TRADERS U.S. LLC$3M
- Jump Financial, LLC$2M
- Headlands Technologies LLC$2M
- Legacy Wealth Managment, LLC/ID$801K
- Virtu Financial LLC$576K
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 |
|---|---|---|---|---|
| CITADEL ADVISORS LLC added | 856,020 | $19M | 9.3% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 304,681 | $7M | 3.3% | 2026-Q1 |
| KEYWISE CAPITAL MANAGEMENT (HK) Ltd added | 141,500 | $3M | 1.5% | 2026-Q1 |
| Foundations Investment Advisors, LLC added | 123,000 | $3M | 1.3% | 2026-Q1 |
| SLT Holdings LLC added | 123,000 | $3M | 1.3% | 2026-Q1 |
| Virtu Financial LLC added | 93,063 | $2M | 1.0% | 2026-Q1 |
| FLOW TRADERS U.S. LLC trimmed | 78,651 | $2M | 0.9% | 2026-Q1 |
| NKCFO LLC new | 40,000 | $894K | 0.4% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 33,262 | $743K | 0.4% | 2026-Q1 |
| UBS Group AG added | 30,000 | $670K | 0.3% | 2026-Q1 |
| GROUP ONE TRADING LLC added | 26,033 | $582K | 0.3% | 2026-Q1 |
| Legacy Wealth Managment, LLC/ID added | 25,992 | $581K | 0.3% | 2026-Q1 |
| SIMPLEX TRADING, LLC added | 24,867 | $556K | 0.3% | 2026-Q1 |
| Jump Financial, LLC trimmed | 22,263 | $498K | 0.2% | 2026-Q1 |
| Headlands Technologies LLC trimmed | 20,036 | $448K | 0.2% | 2026-Q1 |
| DGS Capital Management, LLC new | 12,256 | $274K | 0.1% | 2026-Q1 |
| SIGNATUREFD, LLC added | 6,758 | $151K | 0.1% | 2026-Q1 |
| Richard W. Paul & Associates, LLC | 3,091 | $69K | 0.0% | 2026-Q1 |
| Parallel Advisors, LLC added | 2,450 | $55K | 0.0% | 2026-Q1 |
| Tower Research Capital LLC (TRC) added | 2,135 | $48K | 0.0% | 2026-Q1 |
| MCGUIRE CAPITAL ADVISORS INC trimmed | 1,874 | $42K | 0.0% | 2026-Q1 |
| Morse Asset Management, Inc added | 1,150 | $26K | 0.0% | 2026-Q1 |
| Trask Adam Roland new | 1,016 | $23K | 0.0% | 2026-Q1 |
| Root Financial Partners, LLC new | 944 | $21K | 0.0% | 2026-Q1 |
| Kilter Group LLC added | 550 | $12K | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 549 | $12K | 0.0% | 2026-Q1 |
| Colonial Trust Advisors added | 500 | $11K | 0.0% | 2026-Q1 |
| Clearstead Advisors, LLC | 475 | $11K | 0.0% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 451 | $11K | 0.0% | 2026-Q1 |
| Ankerstar Wealth, LLC | 44 | $983 | 0.0% | 2026-Q1 |
| Larson Financial Group LLC | 20 | $451 | 0.0% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec | 20 | $447 | 0.0% | 2026-Q1 |
| CWM, LLC | 4 | $89 | 0.0% | 2026-Q1 |
| BFSG, LLC | 3 | $68 | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 0 | $2 | 0.0% | 2026-Q1 |
| CloudAlpha Capital Management Limited/Hong Kong new | 490,300 | $64M | 30.9% | 2025-Q3 stale |
| Yong Rong (HK) Asset Management Ltd new | 280,000 | $36M | 17.6% | 2025-Q3 stale |
| DRW Securities, LLC added | 403,742 | $22M | 10.7% | 2025-Q4 stale |
| THAMES CAPITAL MANAGEMENT LLC new | 125,556 | $16M | 7.9% | 2025-Q3 stale |
| Legacy Investment Solutions, LLC new | 100,763 | $6M | 2.8% | 2025-Q2 stale |
| Pilgrim Partners Asia Pte Ltd new | 20,000 | $3M | 1.3% | 2025-Q3 stale |
| IMC-Chicago, LLC new | 47,122 | $3M | 1.3% | 2025-Q4 stale |
| WOLVERINE TRADING, LLC added | 16,778 | $2M | 1.1% | 2025-Q3 stale |
| RENAISSANCE TECHNOLOGIES LLC new | 14,850 | $2M | 0.9% | 2025-Q3 stale |
| Sassicaia Capital Advisers LLC added | 9,000 | $1M | 0.6% | 2025-Q3 stale |
| HighTower Advisors, LLC added | 8,510 | $1M | 0.5% | 2025-Q3 stale |
| FNY Investment Advisers, LLC new | 6,500 | $844K | 0.4% | 2025-Q3 stale |
| KINGSWOOD WEALTH ADVISORS, LLC new | 5,311 | $690K | 0.3% | 2025-Q3 stale |
| PEAPACK GLADSTONE FINANCIAL CORP new | 3,903 | $507K | 0.2% | 2025-Q3 stale |
| Gainplan LLC new | 7,500 | $424K | 0.2% | 2025-Q2 stale |
| Lauer Wealth, LLC added | 6,970 | $413K | 0.2% | 2025-Q4 stale |
| PRELUDE CAPITAL MANAGEMENT, LLC new | 3,000 | $390K | 0.2% | 2025-Q3 stale |
| Beaumont Financial Advisors, LLC new | 2,898 | $376K | 0.2% | 2025-Q3 stale |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 6,159 | $337K | 0.2% | 2025-Q4 stale |
| MERCER GLOBAL ADVISORS INC /ADV new | 1,960 | $255K | 0.1% | 2025-Q3 stale |
| Avidian Wealth Enterprises, LLC new | 1,898 | $246K | 0.1% | 2025-Q3 stale |
| Plancorp, LLC new | 1,875 | $243K | 0.1% | 2025-Q3 stale |
| Sanctuary Advisors, LLC new | 1,856 | $241K | 0.1% | 2025-Q3 stale |
| MGO ONE SEVEN LLC new | 4,240 | $232K | 0.1% | 2025-Q4 stale |
| NewEdge Advisors, LLC new | 1,775 | $231K | 0.1% | 2025-Q3 stale |
| Silverleafe Capital Partners, LLC | 3,933 | $215K | 0.1% | 2025-Q4 stale |
| TWO SIGMA SECURITIES, LLC new | 3,916 | $214K | 0.1% | 2025-Q4 stale |
| PURSUE WEALTH PARTNERS LLC new | 3,666 | $201K | 0.1% | 2025-Q4 stale |
| CIBC Private Wealth Group LLC new | 1,007 | $57K | 0.0% | 2025-Q2 stale |
| IFP Advisors, Inc trimmed | 643 | $35K | 0.0% | 2025-Q4 stale |
| ROYAL BANK OF CANADA trimmed | 220 | $29K | 0.0% | 2025-Q3 stale |
| SUMMIT SECURITIES GROUP LLC trimmed | 400 | $22K | 0.0% | 2025-Q4 stale |
| Belvedere Trading LLC added | 393 | $21K | 0.0% | 2025-Q4 stale |
| Valeo Financial Advisors, LLC new | 10,500 | $19K | 0.0% | 2025-Q1 stale |
| ORG Partners LLC new | 113 | $15K | 0.0% | 2025-Q3 stale |
| Wealthspire Advisors, LLC new | 7 | $910 | 0.0% | 2025-Q3 stale |
| BANK OF AMERICA CORP /DE/ | 7 | $383 | 0.0% | 2025-Q4 stale |
| Ionic Capital Management LLC | 4 | $219 | 0.0% | 2025-Q4 stale |
| West Oak Capital, LLC new | 20 | $26 | 0.0% | 2025-Q3 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. new | 0 | — | 0.0% | 2025-Q2 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.