Bit Digital
BTBT
78 hedge funds and large institutions have $81M invested in Bit Digital in 2023 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 8 closing their positions.
563% more capital invested
Capital invested by funds: $12.2M → $81M (+$68.8M)
400% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 8
187% more call options, than puts
Call options by funds: $9.33M | Put options by funds: $3.25M
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
70% more funds holding
Funds holding: 46 → 78 (+32)
14.54% more ownership
Funds ownership: 9.62% → 24.16% (+15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13M |
| 2 |
State Street
Boston,
Massachusetts
|
+$9.16M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.78M |
| 4 |
Millennium Management
New York
|
+$1.35M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$1.04M |
| 2 |
VanEck Associates
New York
|
-$1.03M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$757K |
| 4 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$601K |
| 5 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$141K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
76
Quent Capital
New York
| $32 | – | – | – |
|
|
PA
77
Parallel Advisors
San Francisco,
California
| $4 | – | – | – |
|
|
78
Citadel Advisors
Miami,
Florida
| – | -$757K | -292,675 | Closed |
|
79
Group One Trading
Chicago,
Illinois
| – | -$102K | -39,309 | Closed |
|
80
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$58K | -37,591 | Closed |
|
81
Two Sigma Investments
New York
| – | -$47.5K | -30,829 | Closed |
|
|
FAIM
82
Financial Advocates Investment Management
Olympia,
Washington
| – | -$25.9K | -16,824 | Closed |
|
83
Simplex Trading
Chicago,
Illinois
| – | -$33.2K | -12,838 | -99% |
|
|
JF
84
Jump Financial
Chicago,
Illinois
| – | -$16.9K | -11,000 | Closed |
|
|
ASN
85
Advisory Services Network
Atlanta,
Georgia
| – | -$1.57K | -1,020 | Closed |
|
|
BAM
86
Belpointe Asset Management
Reno,
Nevada
| – | -$231 | -150 | Closed |
|
87
Lazard Asset Management
New York
| – | +$365 | +141 | New |
|
BTBT Hedge Fund Activity: Q2 2023 in Review
78 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Bit Digital (BTBT) for Q2 2023, worth a combined $81M — up 563% from $12.2M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new BTBT positions and 8 closed out — a net gain of 32 holders — while 17 added to existing stakes and 10 trimmed.
The largest buyer was BlackRock, adding an estimated $13M. The largest seller was Mirae Asset Global Investments, cutting an estimated $1.04M.
- 78 institutional investors held Bit Digital (BTBT) as of Q2 2023, up from 46 in Q1 2023.
- Funds reported $81M of Bit Digital stock for Q2 2023, up 563% quarter-over-quarter.
- 40 funds opened new Bit Digital positions in Q2 2023 and 8 closed out, a net change of +32 holders.
- The largest Bit Digital buyer in Q2 2023 was BlackRock, an estimated $13M added.
- The largest Bit Digital seller in Q2 2023 was Mirae Asset Global Investments, an estimated $1.04M sold.
Based on aggregated 13F filings for Q2 2023.