Bit Digital
BTBT
65 hedge funds and large institutions have $121M invested in Bit Digital in 2021 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 21 closing their positions.
225% more capital invested
Capital invested by funds: $37.2M → $121M (+$83.9M)
48% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 21
19.84% more ownership
Funds ownership: 11.05% → 30.89% (+20%)
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
16% more funds holding
Funds holding: 56 → 65 (+9)
4% more call options, than puts
Call options by funds: $17.6M | Put options by funds: $16.9M
Top Buyers
| 1 |
SM
Sabby Management
Miami Beach,
Florida
|
+$40.7M |
| 2 |
AC
Armistice Capital
New York
|
+$40.7M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$12M |
| 4 |
CH
CVI Holdings
Wilmington,
Delaware
|
+$11.6M |
| 5 |
M
Murchinson
Toronto,
Ontario, Canada
|
+$8.14M |
Top Sellers
| 1 |
Renaissance Technologies
New York
|
-$2.96M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$2.85M |
| 3 |
Morgan Stanley
New York
|
-$2.6M |
| 4 |
TAA
TB Alternative Assets
Grand Cayman,
Cayman Islands
|
-$2.05M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$1.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$176K | -25,838 | Closed |
|
|
GSC
77
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$96K | -13,996 | Closed |
|
78
Goldman Sachs
New York
| – | -$79K | -11,622 | Closed |
|
79
JP Morgan Chase
New York
| – | -$63K | -9,158 | Closed |
|
|
ASN
80
Advisory Services Network
Atlanta,
Georgia
| – | -$7K | -1,020 | Closed |
|
|
PI
81
PEAK6 Investments
Chicago,
Illinois
| – | -$6K | -901 | Closed |
|
|
QT
82
Quantbot Technologies
New York
| – | -$3K | -496 | Closed |
|
|
PFGIA
83
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$676 | -70 | -82% |
|
|
PA
84
Parallel Advisors
San Francisco,
California
| – | +$10 | +1 | New |
|
BTBT Hedge Fund Activity: Q3 2021 in Review
65 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Bit Digital (BTBT) for Q3 2021, worth a combined $121M — up 225% from $37.2M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new BTBT positions and 21 closed out — a net gain of 10 holders — while 14 added to existing stakes and 12 trimmed.
The largest buyer was Sabby Management, opening a new position worth an estimated $40.7M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $2.96M sold.
- 65 institutional investors held Bit Digital (BTBT) as of Q3 2021, up from 56 in Q2 2021.
- Funds reported $121M of Bit Digital stock for Q3 2021, up 225% quarter-over-quarter.
- 31 funds opened new Bit Digital positions in Q3 2021 and 21 closed out, a net change of +10 holders.
- The largest Bit Digital buyer in Q3 2021 was Sabby Management, an estimated $40.7M added.
- The largest Bit Digital seller in Q3 2021 was Renaissance Technologies, an estimated $2.96M sold.
Based on aggregated 13F filings for Q3 2021.