Who owns VanEck Bitcoin ETF (HODL)
Which tracked institutional funds hold HODL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HODL 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.
How the tape is positioned
14 tracked funds added or opened HODL while 30 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
HODL’s largest tracked holder by dollar value, VAN ECK ASSOCIATES CORP, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in HODL 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 127 tracked filers holding HODL, 68 increased or opened the position and 67 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 HODL 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 7
- SYON CAPITAL LLC$14M
- Beacon Pointe Advisors, LLC$2M
- Darwin Wealth Management, LLC$2M
- Qube Research & Technologies Ltd$1M
- Mason & Associates Inc$704K
- Banco BTG Pactual S.A.$618K
Full exits 5
- Shelter Rock Management, LLC$2M
- FLOW TRADERS U.S. LLC$993K
- FAS Wealth Partners, Inc.$798K
- Summit Financial, LLC$607K
- CWC Advisors, LLC.$535K
Largest adds
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$18M
- Tidal Investments LLC$14M
- NORDEN GROUP LLC$3M
- Bouchey Financial Group Ltd$3M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$824K
- Steward Partners Investment Advisory, LLC$762K
Largest trims
- NEOS Investment Management LLC$31M
- JANE STREET GROUP, LLC$24M
- VAN ECK ASSOCIATES CORP$15M
- AVALON CAPITAL MANAGEMENT$4M
- RENAISSANCE TECHNOLOGIES LLC$3M
- ASSETMARK, INC$3M
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 |
|---|---|---|---|---|
| VAN ECK ASSOCIATES CORP added | 5,698,675 | $109M | 22.8% | 2026-Q1 |
| NEOS Investment Management LLC trimmed | 5,374,907 | $103M | 21.5% | 2026-Q1 |
| Tidal Investments LLC added | 2,451,058 | $47M | 9.8% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 1,459,871 | $28M | 5.8% | 2026-Q1 |
| Bouchey Financial Group Ltd added | 957,597 | $20M | 4.1% | 2026-Q1 |
| Berger Financial Group, Inc added | 858,524 | $16M | 3.4% | 2026-Q1 |
| SYON CAPITAL LLC added | 728,768 | $14M | 2.9% | 2026-Q1 |
| ASSETMARK, INC added | 626,385 | $12M | 2.5% | 2026-Q1 |
| Gradient Investments LLC added | 624,768 | $12M | 2.5% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 340,390 | $7M | 1.4% | 2026-Q1 |
| Farringdon Capital, Ltd. added | 260,621 | $5M | 1.0% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 216,749 | $4M | 0.9% | 2026-Q1 |
| Simplify Asset Management Inc. added | 209,151 | $4M | 0.8% | 2026-Q1 |
| Heck Capital Advisors, LLC added | 202,943 | $4M | 0.8% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 197,421 | $4M | 0.8% | 2026-Q1 |
| NORDEN GROUP LLC added | 186,595 | $4M | 0.7% | 2026-Q1 |
| MEITAV INVESTMENT HOUSE LTD added | 167,062 | $3M | 0.7% | 2026-Q1 |
| Addison Capital Co added | 125,192 | $2M | 0.5% | 2026-Q1 |
| STANSBERRY ASSET MANAGEMENT, LLC added | 103,660 | $2M | 0.4% | 2026-Q1 |
| Chicago Partners Investment Group LLC added | 88,654 | $2M | 0.4% | 2026-Q1 |
| Mattson Financial Services, LLC added | 96,343 | $2M | 0.4% | 2026-Q1 |
| Beacon Pointe Advisors, LLC new | 95,344 | $2M | 0.4% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 88,154 | $2M | 0.4% | 2026-Q1 |
| Darwin Wealth Management, LLC new | 78,380 | $2M | 0.3% | 2026-Q1 |
| Qube Research & Technologies Ltd new | 74,096 | $1M | 0.3% | 2026-Q1 |
| Visionary Wealth Advisors added | 60,686 | $1M | 0.2% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 57,070 | $1M | 0.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 53,970 | $1M | 0.2% | 2026-Q1 |
| Accurate Wealth Management, LLC added | 41,845 | $868K | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 43,361 | $831K | 0.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ | 42,418 | $813K | 0.2% | 2026-Q1 |
| Q Fund Management (Hong Kong) Ltd | 32,000 | $791K | 0.2% | 2026-Q1 |
| Brookstone Capital Management trimmed | 40,776 | $781K | 0.2% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 38,800 | $743K | 0.2% | 2026-Q1 |
| EAGLE GLOBAL ADVISORS LLC added | 38,400 | $736K | 0.2% | 2026-Q1 |
| Syntegra Private Wealth Group, LLC | 36,752 | $704K | 0.1% | 2026-Q1 |
| Mason & Associates Inc new | 37,425 | $704K | 0.1% | 2026-Q1 |
| AVALON CAPITAL MANAGEMENT trimmed | 36,702 | $703K | 0.1% | 2026-Q1 |
| Cambria Investment Management, L.P. added | 36,538 | $700K | 0.1% | 2026-Q1 |
| HighTower Advisors, LLC added | 34,002 | $651K | 0.1% | 2026-Q1 |
| Firestone Capital Management added | 33,510 | $642K | 0.1% | 2026-Q1 |
| Banco BTG Pactual S.A. new | 32,263 | $618K | 0.1% | 2026-Q1 |
| Csenge Advisory Group new | 27,109 | $519K | 0.1% | 2026-Q1 |
| Samalin Investment Counsel, LLC added | 25,519 | $489K | 0.1% | 2026-Q1 |
| Stratos Wealth Partners, LTD. trimmed | 25,381 | $486K | 0.1% | 2026-Q1 |
| IRON Financial LLC added | 24,679 | $473K | 0.1% | 2026-Q1 |
| Financial Partners Group, Inc added | 24,508 | $470K | 0.1% | 2026-Q1 |
| Bank of New York Mellon Corp new | 24,405 | $468K | 0.1% | 2026-Q1 |
| Apollon Wealth Management, LLC added | 24,385 | $467K | 0.1% | 2026-Q1 |
| Focus Partners Wealth trimmed | 23,820 | $454K | 0.1% | 2026-Q1 |
| FIRST FOUNDATION ADVISORS new | 22,445 | $430K | 0.1% | 2026-Q1 |
| IEQ CAPITAL, LLC new | 22,000 | $422K | 0.1% | 2026-Q1 |
| KRAEMATON INVESTMENT ADVISORS, INC added | 21,503 | $412K | 0.1% | 2026-Q1 |
| FRG Family Wealth Advisors LLC trimmed | 21,168 | $406K | 0.1% | 2026-Q1 |
| MADDEN SECURITIES Corp trimmed | 21,080 | $404K | 0.1% | 2026-Q1 |
| OneDigital Investment Advisors LLC trimmed | 19,647 | $376K | 0.1% | 2026-Q1 |
| Harel Insurance Investments & Financial Services Ltd. added | 19,603 | $376K | 0.1% | 2026-Q1 |
| Betterment LLC added | 17,443 | $334K | 0.1% | 2026-Q1 |
| Lifestyle Asset Management, Inc. added | 17,263 | $331K | 0.1% | 2026-Q1 |
| EnRich Financial Partners LLC added | 17,244 | $330K | 0.1% | 2026-Q1 |
| Atria Investments, Inc added | 16,954 | $325K | 0.1% | 2026-Q1 |
| Invst, LLC new | 15,971 | $306K | 0.1% | 2026-Q1 |
| COOKSON PEIRCE & CO INC | 15,800 | $303K | 0.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. new | 15,569 | $298K | 0.1% | 2026-Q1 |
| Advyzon Investment Management, LLC trimmed | 15,462 | $296K | 0.1% | 2026-Q1 |
| ROTHSCHILD INVESTMENT LLC trimmed | 15,000 | $287K | 0.1% | 2026-Q1 |
| IAMS WEALTH MANAGEMENT, LLC | 14,662 | $281K | 0.1% | 2026-Q1 |
| FLAGSTAR ADVISORS INC added | 14,595 | $280K | 0.1% | 2026-Q1 |
| Beaumont Financial Advisors, LLC added | 14,588 | $280K | 0.1% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 14,078 | $270K | 0.1% | 2026-Q1 |
| Hunting Hill Global Capital, LLC added | 505,015 | $16M | 3.4% | 2025-Q3 stale |
| Shelter Rock Management, LLC new | 96,442 | $2M | 0.5% | 2025-Q4 stale |
| IronOak Wealth LLC. added | 76,166 | $2M | 0.5% | 2025-Q2 stale |
| Empowered Funds, LLC new | 70,412 | $2M | 0.5% | 2025-Q3 stale |
| RPO LLC | 69,644 | $2M | 0.5% | 2025-Q3 stale |
| OLD MISSION CAPITAL LLC added | 69,613 | $2M | 0.5% | 2025-Q3 stale |
| MGB Wealth Management, LLC added | 66,637 | $2M | 0.5% | 2025-Q3 stale |
| Proficio Capital Partners LLC new | 52,650 | $2M | 0.4% | 2025-Q3 stale |
| INDEPENDENT FINANCIAL GROUP, LLC | 39,000 | $1M | 0.3% | 2025-Q3 stale |
| FLOW TRADERS U.S. LLC trimmed | 40,171 | $993K | 0.2% | 2025-Q4 stale |
| CW Advisors, LLC added | 31,474 | $959K | 0.2% | 2025-Q2 stale |
| HORIZON KINETICS ASSET MANAGEMENT LLC | 30,520 | $930K | 0.2% | 2025-Q2 stale |
| FAS Wealth Partners, Inc. trimmed | 32,279 | $798K | 0.2% | 2025-Q4 stale |
| StoneX Group Inc. trimmed | 24,540 | $794K | 0.2% | 2025-Q3 stale |
| SIH Partners, LLLP new | 25,333 | $772K | 0.2% | 2025-Q2 stale |
| Castleview Partners, LLC new | 31,767 | $740K | 0.2% | 2025-Q1 stale |
| Summit Financial, LLC added | 24,545 | $607K | 0.1% | 2025-Q4 stale |
| CWC Advisors, LLC. added | 21,625 | $535K | 0.1% | 2025-Q4 stale |
| New Harbor Financial Group, LLC new | 19,408 | $452K | 0.1% | 2025-Q1 stale |
| Strait & Sound Wealth Management LLC new | 17,320 | $428K | 0.1% | 2025-Q4 stale |
| Trek Financial, LLC trimmed | 16,734 | $414K | 0.1% | 2025-Q4 stale |
| Main Street Financial Solutions, LLC trimmed | 15,814 | $391K | 0.1% | 2025-Q4 stale |
| CITADEL ADVISORS LLC trimmed | 15,453 | $382K | 0.1% | 2025-Q4 stale |
| Balentine LLC | 11,622 | $376K | 0.1% | 2025-Q3 stale |
| Allie Family Office LLC | 11,412 | $369K | 0.1% | 2025-Q3 stale |
| Elyxium Wealth, LLC new | 14,791 | $366K | 0.1% | 2025-Q4 stale |
| PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV new | 14,718 | $364K | 0.1% | 2025-Q4 stale |
| IMC-Chicago, LLC added | 11,402 | $347K | 0.1% | 2025-Q2 stale |
| Valmark Advisers, Inc. | 9,921 | $321K | 0.1% | 2025-Q3 stale |
| Maridea Wealth Management LLC new | 8,686 | $272K | 0.1% | 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.
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.