Who owns Grayscale CoinDesk Crypto 5 ETF (GDLC)
Which tracked institutional funds hold GDLC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See GDLC company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-25). 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
11 tracked funds added or opened GDLC while 8 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
GDLC’s largest tracked holder by dollar value, Bullish, sizes it at 33.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 33.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in GDLC 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 70 tracked filers holding GDLC, 28 increased or opened the position and 39 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 GDLC 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 3
- DWM Financial Group, Inc.$2M
- KMT WEALTH MANAGEMENT, LLC$963K
- Professional Financial Advisors, LLC$553K
Full exits 1
- U.S. Capital Wealth Advisors, LLC$2M
Largest adds
- BIP Wealth, LLC$1M
- Arax Advisory Partners$1M
- ENVESTNET ASSET MANAGEMENT INC$824K
- Rehmann Capital Advisory Group$487K
- Kingsbury Capital Investment Advisors LLC$363K
- Aries Wealth Management$351K
Largest trims
- Bullish$11M
- Pasadena Private Wealth, LLC$6M
- Pathstone Holdings, LLC$3M
- Cetera Investment Advisers$1M
- INDEPENDENT FINANCIAL GROUP, LLC$1M
- Modern Wealth Management, LLC$315K
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 |
|---|---|---|---|---|
| Bullish | 2,255,000 | $60M | 28.0% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 191,900 | $5M | 2.4% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 148,162 | $4M | 1.8% | 2026-Q2 |
| Rehmann Capital Advisory Group added | 146,490 | $4M | 1.8% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 118,960 | $3M | 1.5% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 84,720 | $2M | 1.1% | 2026-Q2 |
| DWM Financial Group, Inc. new | 48,359 | $2M | 0.9% | 2026-Q2 |
| Hartmann Taylor Wealth Management, LLC trimmed | 58,757 | $2M | 0.9% | 2026-Q2 |
| BIP Wealth, LLC added | 65,344 | $2M | 0.8% | 2026-Q2 |
| Pasadena Private Wealth, LLC trimmed | 62,492 | $2M | 0.8% | 2026-Q2 |
| Pathstone Holdings, LLC trimmed | 62,204 | $2M | 0.8% | 2026-Q2 |
| Arax Advisory Partners added | 52,113 | $1M | 0.6% | 2026-Q2 |
| Wealthspire Advisors, LLC added | 48,014 | $1M | 0.6% | 2026-Q2 |
| Aries Wealth Management added | 46,080 | $1M | 0.6% | 2026-Q2 |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | 45,567 | $1M | 0.6% | 2026-Q2 |
| Mariner, LLC added | 41,771 | $1M | 0.5% | 2026-Q2 |
| HORIZON KINETICS ASSET MANAGEMENT LLC | 41,029 | $1M | 0.5% | 2026-Q2 |
| Kingsbury Capital Investment Advisors LLC added | 36,504 | $963K | 0.5% | 2026-Q2 |
| KMT WEALTH MANAGEMENT, LLC new | 36,504 | $963K | 0.5% | 2026-Q2 |
| Keystone Financial Services, LLC added | 34,604 | $913K | 0.4% | 2026-Q2 |
| DeDora Capital, Inc. added | 32,787 | $865K | 0.4% | 2026-Q2 |
| Elyxium Wealth, LLC added | 26,690 | $704K | 0.3% | 2026-Q2 |
| Modern Wealth Management, LLC trimmed | 21,793 | $575K | 0.3% | 2026-Q2 |
| Professional Financial Advisors, LLC new | 20,944 | $553K | 0.3% | 2026-Q2 |
| Fortis Group Advisors, LLC trimmed | 18,745 | $495K | 0.2% | 2026-Q2 |
| MATHER GROUP, LLC. trimmed | 16,115 | $425K | 0.2% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 15,374 | $406K | 0.2% | 2026-Q2 |
| Rossmore Private Capital | 13,650 | $360K | 0.2% | 2026-Q2 |
| FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC new | 12,400 | $327K | 0.2% | 2026-Q2 |
| Formidable Asset Management, LLC trimmed | 10,368 | $323K | 0.2% | 2026-Q2 |
| Soltis Investment Advisors LLC | 11,661 | $308K | 0.1% | 2026-Q2 |
| Creative Planning trimmed | 11,442 | $302K | 0.1% | 2026-Q2 |
| Visionary Wealth Advisors added | 11,020 | $291K | 0.1% | 2026-Q2 |
| Fort Point Capital Partners LLC new | 9,373 | $247K | 0.1% | 2026-Q2 |
| MONETA GROUP INVESTMENT ADVISORS LLC new | 8,548 | $226K | 0.1% | 2026-Q2 |
| Alesco Advisors, LLC, An ESL Co | 8,289 | $219K | 0.1% | 2026-Q2 |
| Balboa Wealth Partners added | 7,954 | $210K | 0.1% | 2026-Q2 |
| Claro Advisors Inc. trimmed | 7,929 | $209K | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 7,589 | $200K | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 6,527 | $172K | 0.1% | 2026-Q2 |
| OAKWORTH CAPITAL, INC. | 4,606 | $124K | 0.1% | 2026-Q2 |
| Benson Wealth Management INC trimmed | 3,847 | $102K | 0.0% | 2026-Q2 |
| MCF Advisors LLC | 3,663 | $97K | 0.0% | 2026-Q2 |
| WOLFF WIESE MAGANA LLC trimmed | 2,801 | $74K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC added | 2,050 | $54K | 0.0% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec | 2,000 | $52K | 0.0% | 2026-Q2 |
| Noble Wealth Management PBC | 1,346 | $36K | 0.0% | 2026-Q2 |
| JFS WEALTH ADVISORS, LLC | 1,159 | $31K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. | 1,075 | $28K | 0.0% | 2026-Q2 |
| ROTHSCHILD INVESTMENT LLC | 1,000 | $26K | 0.0% | 2026-Q2 |
| WPG Advisers, LLC new | 861 | $23K | 0.0% | 2026-Q2 |
| SOA Wealth Advisors, LLC. | 719 | $19K | 0.0% | 2026-Q2 |
| Clearstead Advisors, LLC | 695 | $18K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA | 656 | $17K | 0.0% | 2026-Q2 |
| US BANCORP \DE\ | 626 | $17K | 0.0% | 2026-Q2 |
| Center for Financial Planning, Inc. | 480 | $13K | 0.0% | 2026-Q2 |
| Wilkerson Advisory Group LLC added | 479 | $13K | 0.0% | 2026-Q2 |
| Allworth Financial LP trimmed | 472 | $12K | 0.0% | 2026-Q2 |
| Larson Financial Group LLC | 393 | $10K | 0.0% | 2026-Q2 |
| SIMS INVESTMENT MANAGEMENT, LLC new | 385 | $10K | 0.0% | 2026-Q2 |
| Ameritas Advisory Services, LLC | 362 | $10K | 0.0% | 2026-Q2 |
| MCGUIRE CAPITAL ADVISORS INC | 330 | $9K | 0.0% | 2026-Q2 |
| Sankala Group LLC | 284 | $8K | 0.0% | 2026-Q2 |
| Manchester Capital Management LLC | 300 | $8K | 0.0% | 2026-Q2 |
| Truvestments Capital LLC | 269 | $7K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 245 | $6K | 0.0% | 2026-Q2 |
| Financial Perspectives, Inc | 221 | $6K | 0.0% | 2026-Q2 |
| Parallel Advisors, LLC new | 180 | $5K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc | 135 | $4K | 0.0% | 2026-Q2 |
| ASSETMARK, INC new | 2 | $53 | 0.0% | 2026-Q2 |
| U.S. Capital Wealth Advisors, LLC new | 52,069 | $2M | 0.8% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. added | 10,406 | $325K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| 3EDGE Asset Management, LP new | 9,671 | $302K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| AE Wealth Management LLC added | 8,793 | $274K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Duncan Williams Asset Management, LLC new | 8,722 | $272K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| CAPTRUST FINANCIAL ADVISORS added | 7,530 | $235K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT trimmed | 423,129 | $17M | 8.2% | 2025-Q4 stale (2 quarters behind) |
| RIVERSEDGE ADVISORS, LLC new | 112,313 | $5M | 2.2% | 2025-Q4 stale (2 quarters behind) |
| JANE STREET GROUP, LLC trimmed | 63,233 | $3M | 1.2% | 2025-Q4 stale (2 quarters behind) |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 21,963 | $975K | 0.5% | 2025-Q4 stale (2 quarters behind) |
| CITADEL ADVISORS LLC added | 17,454 | $721K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| Prosperity Wealth Management, Inc. new | 12,900 | $533K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| Cherry Creek Investment Advisors, Inc. trimmed | 8,637 | $357K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| Gallacher Capital Management LLC new | 8,509 | $352K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| Aptus Capital Advisors, LLC new | 5,665 | $234K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| GUARDIAN WEALTH ADVISORS, LLC / NC new | 5,582 | $231K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Focus Partners Wealth new | 5,544 | $229K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| FARALLON CAPITAL MANAGEMENT LLC new | 851,193 | $48M | 22.4% | 2025-Q3 stale (3 quarters behind) |
| Yarbrough Capital, LLC new | 222,000 | $12M | 5.8% | 2025-Q3 stale (3 quarters behind) |
| Virtu Financial LLC new | 186,930 | $10M | 4.9% | 2025-Q3 stale (3 quarters behind) |
| FLOW TRADERS U.S. LLC new | 32,497 | $2M | 0.9% | 2025-Q3 stale (3 quarters behind) |
| NAPA WEALTH MANAGEMENT new | 17,873 | $999K | 0.5% | 2025-Q3 stale (3 quarters behind) |
| CreativeOne Wealth, LLC new | 10,978 | $614K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| Moloney Securities Asset Management, LLC new | 8,953 | $500K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| EAGLE GLOBAL ADVISORS LLC new | 8,907 | $498K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| OLD MISSION CAPITAL LLC new | 7,282 | $407K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Miracle Mile Advisors, LLC new | 6,723 | $376K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| LPL Financial LLC new | 6,257 | $350K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Qube Research & Technologies Ltd new | 5,008 | $279K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| United Capital Management of KS, Inc. new | 4,331 | $242K | 0.1% | 2025-Q3 stale (3 quarters behind) |
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.