Bit Digital
BTBT
28 hedge funds and large institutions have $10.5M invested in Bit Digital in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
56% more funds holding
Funds holding: 18 → 28 (+10)
1% more call options, than puts
Call options by funds: $7.74M | Put options by funds: $7.69M
0.01% more ownership
Funds ownership: 1.45% → 1.46% (+0.01%)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
24% less capital invested
Capital invested by funds: $13.9M → $10.5M (-$3.39M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$2.32M |
| 2 |
Jane Street
New York
|
+$1.06M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$870K |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$697K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$575K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAA
TB Alternative Assets
Grand Cayman,
Cayman Islands
|
-$5.26M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$695K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$616K |
| 4 |
VF
Virtu Financial
New York
|
-$435K |
| 5 |
SCA
Sassicaia Capital Advisers
Jericho,
New York
|
-$362K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFGIA
26
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $1K | +$1.57K | +85 | New |
|
|
TAA
27
TB Alternative Assets
Grand Cayman,
Cayman Islands
| – | -$5.26M | -240,000 | Closed |
|
|
28
Citadel Advisors
Miami,
Florida
| – | -$695K | -37,541 | Closed |
|
|
SCA
29
Sassicaia Capital Advisers
Jericho,
New York
| – | -$362K | -16,500 | Closed |
|
|
ASN
30
Advisory Services Network
Atlanta,
Georgia
| – | -$22K | -1,000 | Closed |
|
|
GWM
31
Geneos Wealth Management
Englewood,
Colorado
| – | -$5K | -400 | Closed |
|
|
FIA
32
FNY Investment Advisers
New York
| – | -$2K | -100 | Closed |
|
|
TCM
33
Tradewinds Capital Management
Bellingham,
Washington
| – | -$2K | -100 | Closed |
|
|
CWA
34
Clearview Wealth Advisors
Salem,
Oregon
| – | -$1K | -45 | Closed |
|
35
Bank of America
Charlotte,
North Carolina
| – | +$611 | +33 | New |
|
36
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$611 | +33 | New |
|
BTBT Hedge Fund Activity: Q1 2021 in Review
28 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Bit Digital (BTBT) for Q1 2021, worth a combined $10.5M — down 24% from $13.9M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BTBT positions and 8 closed out — a net gain of 10 holders — while 5 added to existing stakes and 5 trimmed.
The largest buyer was Bank of Nova Scotia, opening a new position worth an estimated $2.32M. The largest seller was TB Alternative Assets, exiting entirely with an estimated $5.26M sold.
- 28 institutional investors held Bit Digital (BTBT) as of Q1 2021, up from 18 in Q4 2020.
- Funds reported $10.5M of Bit Digital stock for Q1 2021, down 24% quarter-over-quarter.
- 18 funds opened new Bit Digital positions in Q1 2021 and 8 closed out, a net change of +10 holders.
- The largest Bit Digital buyer in Q1 2021 was Bank of Nova Scotia, an estimated $2.32M added.
- The largest Bit Digital seller in Q1 2021 was TB Alternative Assets, an estimated $5.26M sold.
Based on aggregated 13F filings for Q1 2021.