American Bitcoin Corp
ABTC
19 hedge funds and large institutions have $3.43M invested in American Bitcoin Corp in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
46% more funds holding
Funds holding: 13 → 19 (+6)
0.01% less ownership
Funds ownership: 0.11% → 0.1% (-0.01%)
26% less capital invested
Capital invested by funds: $4.61M → $3.43M (-$1.18M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$388K |
| 2 |
BlackRock
New York
|
+$116K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$40.5K |
| 4 |
GSC
Ground Swell Capital
Folly Beach,
South Carolina
|
+$25.9K |
| 5 |
State Street
Boston,
Massachusetts
|
+$20K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$971K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$13.1K |
| 3 |
NS
NBC Securities
Birmingham,
Alabama
|
-$4K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4 |
| 5 |
HGERS
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
|
-$1 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KPF
26
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$971K | -8,685 | Closed |
|
|
NS
27
NBC Securities
Birmingham,
Alabama
| – | -$4K | -36 | Closed |
|
|
HGERS
28
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| – | -$1 | – | – |
|
|
29
Wells Fargo
San Francisco,
California
| – | -$4 | – | – |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$632 | +6 | New |
|
ABTC Hedge Fund Activity: Q2 2024 in Review
19 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in American Bitcoin Corp (ABTC) for Q2 2024, worth a combined $3.43M — down 26% from $4.61M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ABTC positions and 2 closed out — a net gain of 6 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $388K. The largest seller was K2 Principal Fund, exiting entirely with an estimated $971K sold.
- 19 institutional investors held American Bitcoin Corp (ABTC) as of Q2 2024, up from 13 in Q1 2024.
- Funds reported $3.43M of American Bitcoin Corp stock for Q2 2024, down 26% quarter-over-quarter.
- 8 funds opened new American Bitcoin Corp positions in Q2 2024 and 2 closed out, a net change of +6 holders.
- The largest American Bitcoin Corp buyer in Q2 2024 was Millennium Management, an estimated $388K added.
- The largest American Bitcoin Corp seller in Q2 2024 was K2 Principal Fund, an estimated $971K sold.
Based on aggregated 13F filings for Q2 2024.