Bit Digital
BTBT
109 hedge funds and large institutions have $121M invested in Bit Digital in 2024 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 31 increasing their positions, 35 reducing their positions, and 16 closing their positions.
135% more call options, than puts
Call options by funds: $8.26M | Put options by funds: $3.51M
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
7% more funds holding
Funds holding: 102 → 109 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8.16% less ownership
Funds ownership: 44.26% → 36.1% (-8.2%)
11% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 35
25% less capital invested
Capital invested by funds: $161M → $121M (-$39.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$7.89M |
| 2 |
BlackRock
New York
|
+$6.96M |
| 3 |
VA
Vident Advisory
Alpharetta,
Georgia
|
+$2.59M |
| 4 |
BC
BIT Capital
Berlin,
Germany
|
+$2.47M |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$7.26M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$1.58M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$1.13M |
| 4 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$1.06M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.02M |
BTBT Hedge Fund Activity: Q1 2024 in Review
109 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Bit Digital (BTBT) for Q1 2024, worth a combined $121M — down 25% from $161M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BTBT positions and 16 closed out — a net gain of 7 holders — while 31 added to existing stakes and 35 trimmed.
The largest buyer was VanEck Associates, adding an estimated $7.89M. The largest seller was Invesco, cutting an estimated $7.26M.
- 109 institutional investors held Bit Digital (BTBT) as of Q1 2024, up from 102 in Q4 2023.
- Funds reported $121M of Bit Digital stock for Q1 2024, down 25% quarter-over-quarter.
- 23 funds opened new Bit Digital positions in Q1 2024 and 16 closed out, a net change of +7 holders.
- The largest Bit Digital buyer in Q1 2024 was VanEck Associates, an estimated $7.89M added.
- The largest Bit Digital seller in Q1 2024 was Invesco, an estimated $7.26M sold.
Based on aggregated 13F filings for Q1 2024.