Institutional Holdings Insights
The named depth of the 2026Q1 register: the top-50 leaderboard, per-asset economics, the concentration curve, and the full first-time-filer ledger.
Live, not a PDF: every module below recomputes from the register pack. Recomputed each quarter as the SEC filings land; next refresh August 14, 2026. This snapshot: March 31, 2026.
Back to the registerThe system behind this tracker
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Meridial is the go-to-market system for digital asset companies. The intelligence reading this market for you is its first layer; two more, content and outbound, will turn it into commercial results and pipeline generated at scale for your team.
The open layer
Who holds it
N = 3,088 filers, full population (stats, not the shown table)Institutional crypto is not a crypto crowd
The most important cut of the register is who these institutions actually are. 2,673 of the 3,088 filers are investment advisers, the entire asset-management industry counted as one family. The other 415 are the named institutional types, banks first.
The other 415 filers, by type
The tell: it is traditional finance
Why the type is the segment
SEC EDGAR · snapshot 2026-03-31
The footprint
N = 3,088 filers, full population (stats, not the shown table)Where the $115B actually sits
The ETF flows story undercounts it: $93.4B of the disclosed exposure is crypto EQUITIES (miners, exchanges, treasury companies), against $21.8B in spot ETPs.
SEC EDGAR · snapshot 2026-03-31
The shape of the money
N = 3,088 filers, $115.1B disclosedETPs vs equities, and how tight it is
2,107 institutions hold spot ETPs and 2,053 hold crypto equities; 1,072 hold both. The 20 largest managers carry 48% of all disclosed value.
SEC EDGAR · snapshot 2026-03-31
The gated analysis
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The named depth: 5 more modules
The charts above are the open layer. Below sits the analysis: named leaderboards, lifecycles, and full feeds, recomputed from the register on every refresh, so nothing here ever goes stale. Free: we ask four things so we know who is using it. One unlock opens every tracker's insights.
The 50 largest holders, named
The leaderboard of disclosed crypto exposure: BlackRock at the top, then the index and quant complex, every row linked to its own SEC filing.
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Broad and thin, narrow and heavy
Per asset, two bars: how many institutions hold it, and how many dollars sit in it. The divergence between the two bars is the insight.
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The concentration curve
Cumulative share of all disclosed value by filer rank, top 1 to top 1,000. A broad register with a narrow spine.
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The new-filer ledger
First-time crypto filers by week across the filing window, and the full dated ledger. The procurement window opens here.
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Q2 lands August 14
The flow modules (who added, who trimmed, who exited, in dollars) switch on when the Q2 2026 filings land on August 14, 2026.
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Filer type is classified from the SEC CRD registration on each 13F, a curated institution map, and keyword rules, then verified by an independent adversarial agent pass. A 200-firm audit shows 98% agreement at this level. All SEC-registered investment advisers (including hedge funds) are shown as one family; banks, market makers, pensions, insurers, sovereign funds and family offices are distinct. Table shows the 1,000 largest of 3,088 disclosing managers by disclosed value; the aggregates above cover all 3,088. Reconciled to EDGAR distinct-manager counts within about 2 to 5% per instrument; counts rise slightly as late 2026Q1 filings settle. Full methodology.