Bit Digital
BTBT
115 hedge funds and large institutions have $191M invested in Bit Digital in 2024 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 44 increasing their positions, 26 reducing their positions, and 17 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 26
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
27% more call options, than puts
Call options by funds: $14.1M | Put options by funds: $11.1M
9% more capital invested
Capital invested by funds: $175M → $191M (+$16.6M)
7% more funds holding
Funds holding: 107 → 115 (+8)
6.04% less ownership
Funds ownership: 45.4% → 39.35% (-6%)
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$5.63M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.27M |
| 3 |
VanEck Associates
New York
|
+$2.99M |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$2.33M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$1.76M |
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$7.75M |
| 2 |
Millennium Management
New York
|
-$4.92M |
| 3 |
BlackRock
New York
|
-$4.47M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$3.62M |
| 5 |
Two Sigma Investments
New York
|
-$3.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WS
126
Wedbush Securities
Los Angeles,
California
| – | -$72K | -22,525 | Closed |
|
|
JF
127
Jump Financial
Chicago,
Illinois
| – | -$52.1K | -16,385 | Closed |
|
|
EI
128
Ethic Inc
New York
| – | -$45.8K | -14,401 | Closed |
|
|
TFS
129
Thoroughbred Financial Services
Brentwood,
Tennessee
| – | -$38K | -12,000 | Closed |
|
130
Principal Financial Group
Des Moines,
Iowa
| – | -$36.5K | -11,471 | Closed |
|
|
EGM
131
Engineers Gate Manager
New York
| – | -$32.6K | -10,265 | Closed |
|
132
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$13.5K | -4,000 | Closed |
|
BTBT Hedge Fund Activity: Q3 2024 in Review
115 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Bit Digital (BTBT) for Q3 2024, worth a combined $191M — up 9.5% from $175M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BTBT positions and 17 closed out — a net gain of 8 holders — while 44 added to existing stakes and 26 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $5.63M. The largest seller was Invesco, cutting an estimated $7.75M.
- 115 institutional investors held Bit Digital (BTBT) as of Q3 2024, up from 107 in Q2 2024.
- Funds reported $191M of Bit Digital stock for Q3 2024, up 9.5% quarter-over-quarter.
- 25 funds opened new Bit Digital positions in Q3 2024 and 17 closed out, a net change of +8 holders.
- The largest Bit Digital buyer in Q3 2024 was Goldman Sachs, an estimated $5.63M added.
- The largest Bit Digital seller in Q3 2024 was Invesco, an estimated $7.75M sold.
Based on aggregated 13F filings for Q3 2024.