Coinshares Bitcoin ETF
BRRR
13 hedge funds and large institutions have $180M invested in Coinshares Bitcoin ETF in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 1 closing their positions.
774% more capital invested
Capital invested by funds: $20.6M → $180M (+$159M)
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
63% more funds holding
Funds holding: 8 → 13 (+5)
31.99% more ownership
Funds ownership: 3.86% → 35.85% (+32%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Marex Group
London,
|
+$167M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.48M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$3.38M |
| 4 |
EC
Elequin Capital
New York
|
+$975K |
| 5 |
Jane Street
New York
|
+$908K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$242K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4.17K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MG
1
Marex Group
London,
| $153M | +$167M | +9,000,000 | New |
|
|
2
Jane Street
New York
| $8.15M | +$908K | +48,835 | +11% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $6.45M | +$3.48M | +187,348 | +97% |
|
|
4
IMC Chicago
Chicago,
Illinois
| $5.34M | +$3.38M | +181,665 | +137% |
|
|
EC
5
Elequin Capital
New York
| $4.31M | +$975K | +52,481 | +26% |
|
|
FTUS
6
Flow Traders U.S.
New York
| $660K | +$722K | +38,866 | New |
|
7
Renaissance Technologies
New York
| $603K | +$660K | +35,500 | New |
|
|
KWM
8
Keebeck Wealth Management
Chicago,
Illinois
| $514K | – | – | – |
|
|
9
Citadel Advisors
Miami,
Florida
| $389K | -$242K | -12,996 | -36% |
|
|
VF
10
Virtu Financial
New York
| $339K | +$370K | +19,933 | New |
|
11
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $322K | +$353K | +18,974 | New |
|
|
CA
12
CoreCap Advisors
Southfield,
Michigan
| $10.2K | – | – | – |
|
13
Wells Fargo
San Francisco,
California
| $21 | +$19 | +1 | New |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| – | -$4.17K | -207 | Closed |
|
BRRR Hedge Fund Activity: Q2 2024 in Review
13 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Coinshares Bitcoin ETF (BRRR) for Q2 2024, worth a combined $180M — up 774% from $20.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BRRR positions and 1 closed out — a net gain of 5 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Marex Group, opening a new position worth an estimated $167M. The largest seller was Citadel Advisors, cutting an estimated $242K.
- 13 institutional investors held Coinshares Bitcoin ETF (BRRR) as of Q2 2024, up from 8 in Q1 2024.
- Funds reported $180M of Coinshares Bitcoin ETF stock for Q2 2024, up 774% quarter-over-quarter.
- 6 funds opened new Coinshares Bitcoin ETF positions in Q2 2024 and 1 closed out, a net change of +5 holders.
- The largest Coinshares Bitcoin ETF buyer in Q2 2024 was Marex Group, an estimated $167M added.
- The largest Coinshares Bitcoin ETF seller in Q2 2024 was Citadel Advisors, an estimated $242K sold.
Based on aggregated 13F filings for Q2 2024.