Bit Digital
BTBT
5 hedge funds and large institutions have $234K invested in Bit Digital in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
0.85% more ownership
Funds ownership: 2.34% → 3.19% (+0.85%)
38% less funds holding
Funds holding: 8 → 5 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
86% less capital invested
Capital invested by funds: $1.65M → $234K (-$1.42M)
Top Buyers
| 1 |
Jane Street
New York
|
+$271K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$14.7K |
| 3 |
Renaissance Technologies
New York
|
+$6.61K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.19K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $164K | +$271K | +217,531 | +191% |
|
|
2
Renaissance Technologies
New York
| $64K | +$6.61K | +5,300 | +4% |
|
|
3
Citadel Advisors
Miami,
Florida
| $6K | +$14.7K | +11,804 | New |
|
4
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$145K | -42,039 | Closed |
|
|
VF
5
Virtu Financial
New York
| – | -$100K | -28,980 | Closed |
|
|
AIM
6
Achmea Investment Management
Zeist,
Netherlands
| – | -$516K | -20,587 | Closed |
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$49K | -14,077 | Closed |
|
8
UBS Group
Zurich,
Switzerland
| – | -$12K | -3,336 | Closed |
|
|
PCM
9
Penserra Capital Management
Orinda,
California
| – | -$129 | -103 | -6% |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| – | +$1.19K | +951 | New |
|
BTBT Hedge Fund Activity: Q3 2019 in Review
5 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Bit Digital (BTBT) for Q3 2019, worth a combined $234K — down 86% from $1.65M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BTBT and 2 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Jane Street, adding an estimated $271K. The largest seller was Achmea Investment Management, exiting entirely with an estimated $516K sold.
- 5 institutional investors held Bit Digital (BTBT) as of Q3 2019, down from 8 in Q2 2019.
- Funds reported $234K of Bit Digital stock for Q3 2019, down 86% quarter-over-quarter.
- 2 funds opened new Bit Digital positions in Q3 2019 and 5 closed out, a net change of -3 holders.
- The largest Bit Digital buyer in Q3 2019 was Jane Street, an estimated $271K added.
- The largest Bit Digital seller in Q3 2019 was Achmea Investment Management, an estimated $516K sold.
Based on aggregated 13F filings for Q3 2019.