SEC 13F Intelligence

Horizon Kinetics Asset Management LLC / GBTC

Horizon Kinetics Asset Management LLC’s Grayscale Bitcoin Trust Etf Position

Does Horizon Kinetics Asset Management LLC own Grayscale Bitcoin Trust Etf (GBTC)? Yes14.00M shares worth $739M (+8.00% of its 13F portfolio) as of Q1 2026, down from 14.11M shares the prior filed quarter.

Position Value
$739M
Q1 2026
Shares
14.00M
% of Portfolio
+8.00%
Quarters Held
14
currently held

Position History GBTC

Reported value by quarter
Q4 ’22: $131MQ4 ’22Q1 ’23: $259MQ2 ’23: $303MQ2 ’23Q3 ’23: $303MQ4 ’23: $540MQ4 ’23Q1 ’24: $946MQ2 ’24: $794MQ2 ’24Q3 ’24: $768MQ4 ’24: $1.1BQ4 ’24Q1 ’25: $958MQ2 ’25: $1.2BQ2 ’25Q3 ’25: $1.3BQ4 ’25: $965MQ4 ’25Q1 ’26: $739Mfilingsflow.com
QuarterSharesValue% of Portfolio
Q1 202614.00M$739M+8.00%
Q4 202514.11M$965M+13.05%
Q3 202514.18M$1.3B+15.52%
Q2 202514.55M$1.2B+14.64%
Q1 202514.70M$958M+10.87%
Q4 202415.17M$1.1B+13.98%
Q3 202415.21M$768M+11.49%
Q2 202414.92M$794M+13.88%
Q1 202414.97M$946M+17.89%
Q4 202315.60M$540M+11.31%
Q3 202315.78M$303M+6.00%
Q2 202315.80M$303M+6.53%
Q1 202315.84M$259M+4.98%
Q4 202215.81M$131M+2.16%

Common-stock position only; options are excluded. Quarters where the fund filed no 13F or reported no position are absent. See Horizon Kinetics Asset Management LLC’s full portfolio or all institutional holders of GBTC.