American Bitcoin Corp
ABTC
36 hedge funds and large institutions have $18M invested in American Bitcoin Corp in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 10 closing their positions.
119% more call options, than puts
Call options by funds: $7.38M | Put options by funds: $3.37M
0% less ownership
Funds ownership: 0% → 0% (-0%)
5% less funds holding
Funds holding: 38 → 36 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
36% less capital invested
Capital invested by funds: $28M → $18M (-$10.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
+$1.63M |
| 2 |
Millennium Management
New York
|
+$625K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$375K |
| 4 |
E
Ergoteles
New York
|
+$375K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$375K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.63M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$1M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$750K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$500K |
ABTC Hedge Fund Activity: Q2 2021 in Review
36 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in American Bitcoin Corp (ABTC) for Q2 2021, worth a combined $18M — down 36% from $28M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ABTC and 9 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 7 added.
The largest buyer was Millrace Asset Group, opening a new position worth an estimated $1.63M. The largest seller was BlackRock, cutting an estimated $3.63M.
- 36 institutional investors held American Bitcoin Corp (ABTC) as of Q2 2021, down from 38 in Q1 2021.
- Funds reported $18M of American Bitcoin Corp stock for Q2 2021, down 36% quarter-over-quarter.
- 9 funds opened new American Bitcoin Corp positions in Q2 2021 and 10 closed out, a net change of -1 holder.
- The largest American Bitcoin Corp buyer in Q2 2021 was Millrace Asset Group, an estimated $1.63M added.
- The largest American Bitcoin Corp seller in Q2 2021 was BlackRock, an estimated $3.63M sold.
Based on aggregated 13F filings for Q2 2021.