Bit Digital
BTBT
82 hedge funds and large institutions have $58.9M invested in Bit Digital in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 23 increasing their positions, 23 reducing their positions, and 13 closing their positions.
171% more call options, than puts
Call options by funds: $3.39M | Put options by funds: $1.25M
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
7.22% more ownership
Funds ownership: 24.16% → 31.38% (+7.2%)
5% more funds holding
Funds holding: 78 → 82 (+4)
0% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 23
27% less capital invested
Capital invested by funds: $81M → $58.9M (-$22.1M)
Top Buyers
| 1 |
Invesco
Atlanta,
Georgia
|
+$17.2M |
| 2 |
VanEck Associates
New York
|
+$2.64M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
+$1.18M |
| 4 |
BlackRock
New York
|
+$1.12M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$895K |
Top Sellers
| 1 |
Millennium Management
New York
|
-$2.12M |
| 2 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$764K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$688K |
| 4 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$451K |
| 5 |
Jane Street
New York
|
-$392K |
BTBT Hedge Fund Activity: Q3 2023 in Review
82 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Bit Digital (BTBT) for Q3 2023, worth a combined $58.9M — down 27% from $81M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BTBT positions and 13 closed out — a net gain of 6 holders — while 23 added to existing stakes and 23 trimmed.
The largest buyer was Invesco, adding an estimated $17.2M. The largest seller was Millennium Management, exiting entirely with an estimated $2.12M sold.
- 82 institutional investors held Bit Digital (BTBT) as of Q3 2023, up from 78 in Q2 2023.
- Funds reported $58.9M of Bit Digital stock for Q3 2023, down 27% quarter-over-quarter.
- 19 funds opened new Bit Digital positions in Q3 2023 and 13 closed out, a net change of +6 holders.
- The largest Bit Digital buyer in Q3 2023 was Invesco, an estimated $17.2M added.
- The largest Bit Digital seller in Q3 2023 was Millennium Management, an estimated $2.12M sold.
Based on aggregated 13F filings for Q3 2023.