GBTC vs AAAU overlap
115 institutions report holding both GBTC and AAAU.
GBTCAAAU
Pick 2 to 4 ETFs.
We don’t have holdings for GBTC, AAAU. Most funds that aren’t in the SEC’s N-PORT data are unit trusts, grantor trusts or very new funds. The institutions tab may still have them.
115
institutions report holding both, of 725 holding any
GBTC23.8% of its 13F dollars, 19.2% of its 598 holders
AAAU40.0% of its 13F dollars, 47.5% of its 242 holders
Largest institutions holding both
| Firm | GBTC | AAAU |
|---|---|---|
| LPL Financial LLC | $39.9M | $45.5M |
| Cambridge Investment Research Advisors, Inc. | $22.3M | $21.0M |
| Osaic Holdings, Inc. | $4.1M | $32.6M |
| Raymond James Financial Inc. | $3.2M | $32.7M |
| HighTower Advisors, LLC | $27.4M | $5.6M |
| Proficio Capital Partners LLC | $987K | $30.1M |
| Jane Street Group, LLC | $15.5M | $4.6M |
| Virtu Financial LLC | $16.4M | $3.0M |
| Cetera Investment Advisers | $7.5M | $10.9M |
| Stifel Financial Corp. | $1.3M | $16.3M |
| Citadel Advisors LLC | $14.3M | $3.2M |
| Royal Bank of Canada | $849K | $15.6M |
| Kestra Advisory Services, LLC | $4.3M | $11.2M |
| Mariner, LLC | $12.7M | $2.3M |
| Commonwealth Equity Services, LLC | $7.7M | $7.2M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: GBTC institutional holders, AAAU institutional holders.
Frequently asked questions
Do institutions hold both GBTC and AAAU?
115 Form 13F filers report positions in both, out of 725 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.