BTC Digital
BTCT
14 hedge funds and large institutions have $28.5M invested in BTC Digital in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
68% more capital invested
Capital invested by funds: $17M → $28.5M (+$11.5M)
27% more funds holding
Funds holding: 11 → 14 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.75M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.66M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.02M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$745K |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$501K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
-$1.22M |
BTCT Hedge Fund Activity: Q1 2019 in Review
14 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in BTC Digital (BTCT) for Q1 2019, worth a combined $28.5M — up 68% from $17M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BTCT positions and 1 closed out — a net gain of 3 holders — while 7 added to existing stakes and 0 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $5.75M. The largest seller was Cowen Inc, exiting entirely with an estimated $1.22M sold.
- 14 institutional investors held BTC Digital (BTCT) as of Q1 2019, up from 11 in Q4 2018.
- Funds reported $28.5M of BTC Digital stock for Q1 2019, up 68% quarter-over-quarter.
- 4 funds opened new BTC Digital positions in Q1 2019 and 1 closed out, a net change of +3 holders.
- The largest BTC Digital buyer in Q1 2019 was Karpus Investment Management, an estimated $5.75M added.
- The largest BTC Digital seller in Q1 2019 was Cowen Inc, an estimated $1.22M sold.
Based on aggregated 13F filings for Q1 2019.