Bit Digital
BTBT
60 hedge funds and large institutions have $37.2M invested in Bit Digital in 2022 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 9 reducing their positions, and 23 closing their positions.
144% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 9
17% less funds holding
Funds holding: 72 → 60 (-12)
19.51% less ownership
Funds ownership: 34.22% → 14.71% (-20%)
20% less call options, than puts
Call options by funds: $8.22M | Put options by funds: $10.2M
43% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 23
74% less capital invested
Capital invested by funds: $144M → $37.2M (-$106M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| 1 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$1.36M |
| 2 |
State Street
Boston,
Massachusetts
|
+$739K |
| 3 |
VanEck Associates
New York
|
+$714K |
| 4 |
JP Morgan Chase
New York
|
+$713K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$251K |
Top Sellers
| 1 |
AC
Armistice Capital
New York
|
-$25.6M |
| 2 |
SM
Sabby Management
Miami Beach,
Florida
|
-$17.7M |
| 3 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$7.3M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$7.27M |
| 5 |
M
Murchinson
Toronto,
Ontario, Canada
|
-$5.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Koshinski Asset Management
Decatur,
Illinois
| – | -$1.22K | -200 | Closed |
|
|
QC
77
Quent Capital
New York
| – | +$34 | +8 | New |
|
78
Lazard Asset Management
New York
| – | +$92 | +22 | New |
|
|
GRP
79
Global Retirement Partners
San Rafael,
California
| – | +$924 | +220 | New |
|
BTBT Hedge Fund Activity: Q1 2022 in Review
60 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Bit Digital (BTBT) for Q1 2022, worth a combined $37.2M — down 74% from $144M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of BTBT and 13 opened new positions — a net loss of 10 holders — while 9 trimmed existing stakes and 22 added.
The largest buyer was Vident Investment Advisory, adding an estimated $1.36M. The largest seller was Armistice Capital, exiting entirely with an estimated $25.6M sold.
- 60 institutional investors held Bit Digital (BTBT) as of Q1 2022, down from 72 in Q4 2021.
- Funds reported $37.2M of Bit Digital stock for Q1 2022, down 74% quarter-over-quarter.
- 13 funds opened new Bit Digital positions in Q1 2022 and 23 closed out, a net change of -10 holders.
- The largest Bit Digital buyer in Q1 2022 was Vident Investment Advisory, an estimated $1.36M added.
- The largest Bit Digital seller in Q1 2022 was Armistice Capital, an estimated $25.6M sold.
Based on aggregated 13F filings for Q1 2022.