Bitwise Crypto Industry Innovators ETF
BITQ
54 hedge funds and large institutions have $14.8M invested in Bitwise Crypto Industry Innovators ETF in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 10 closing their positions.
421% more call options, than puts
Call options by funds: $511K | Put options by funds: $98K
2.37% less ownership
Funds ownership: 27.18% → 24.81% (-2.4%)
7% less funds holding
Funds holding: 58 → 54 (-4)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
68% less capital invested
Capital invested by funds: $45.7M → $14.8M (-$30.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
+$2.02M |
| 2 |
IFG
Independent Financial Group
San Diego,
California
|
+$476K |
| 3 |
FA
Fagan Associates
Troy,
New York
|
+$167K |
| 4 |
Jane Street
New York
|
+$141K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$36.7M |
| 2 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$1.04M |
| 3 |
Mariner
Overland Park,
Kansas
|
-$959K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$295K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$224K |
BITQ Hedge Fund Activity: Q1 2023 in Review
54 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Bitwise Crypto Industry Innovators ETF (BITQ) for Q1 2023, worth a combined $14.8M — down 68% from $45.7M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BITQ and 7 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 14 added.
The largest buyer was Main Management ETF Advisors, adding an estimated $2.02M. The largest seller was Arete Wealth Advisors, exiting entirely with an estimated $36.7M sold.
- 54 institutional investors held Bitwise Crypto Industry Innovators ETF (BITQ) as of Q1 2023, down from 58 in Q4 2022.
- Funds reported $14.8M of Bitwise Crypto Industry Innovators ETF stock for Q1 2023, down 68% quarter-over-quarter.
- 7 funds opened new Bitwise Crypto Industry Innovators ETF positions in Q1 2023 and 10 closed out, a net change of -3 holders.
- The largest Bitwise Crypto Industry Innovators ETF buyer in Q1 2023 was Main Management ETF Advisors, an estimated $2.02M added.
- The largest Bitwise Crypto Industry Innovators ETF seller in Q1 2023 was Arete Wealth Advisors, an estimated $36.7M sold.
Based on aggregated 13F filings for Q1 2023.