BTC Digital
BTCT
7 hedge funds and large institutions have $57.9K invested in BTC Digital in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, increasing their positions, reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
17% more funds holding
Funds holding: 6 → 7 (+1)
1.52% less ownership
Funds ownership: 2.29% → 0.78% (-1.5%)
71% less capital invested
Capital invested by funds: $201K → $57.9K (-$143K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$62.7K |
| 2 |
JP Morgan Chase
New York
|
+$1.7K |
| 3 |
RG
Retirement Group
San Diego,
California
|
+$16 |
| 4 |
Amundi
Paris,
France
|
+$4 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Sabby Management
Miami Beach,
Florida
|
-$140K |
| 2 |
Renaissance Technologies
New York
|
-$61K |
| 3 |
SC
Stephens Consulting
Flint,
Michigan
|
-$44 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $56.2K | +$62.7K | +16,064 | New |
|
|
2
JP Morgan Chase
New York
| $1.52K | +$1.7K | +434 | New |
|
3
Osaic Holdings
Scottsdale,
Arizona
| $119 | – | – | – |
|
4
Bank of America
Charlotte,
North Carolina
| $35 | – | – | – |
|
|
RG
5
Retirement Group
San Diego,
California
| $14 | +$16 | +4 | New |
|
|
TIM
6
Thompson Investment Management
Madison,
Wisconsin
| $3 | – | – | – |
|
|
7
Amundi
Paris,
France
| $3 | +$4 | +1 | New |
|
|
SM
8
Sabby Management
Miami Beach,
Florida
| – | -$140K | -29,073 | Closed |
|
|
9
Renaissance Technologies
New York
| – | -$61K | -12,613 | Closed |
|
|
SC
10
Stephens Consulting
Flint,
Michigan
| – | -$44 | -9 | Closed |
|
BTCT Hedge Fund Activity: Q1 2024 in Review
7 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in BTC Digital (BTCT) for Q1 2024, worth a combined $57.9K — down 71% from $201K a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BTCT positions and 3 closed out — a net gain of 1 holder — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $62.7K. The largest seller was Sabby Management, exiting entirely with an estimated $140K sold.
- 7 institutional investors held BTC Digital (BTCT) as of Q1 2024, up from 6 in Q4 2023.
- Funds reported $57.9K of BTC Digital stock for Q1 2024, down 71% quarter-over-quarter.
- 4 funds opened new BTC Digital positions in Q1 2024 and 3 closed out, a net change of +1 holder.
- The largest BTC Digital buyer in Q1 2024 was Susquehanna International Group, an estimated $62.7K added.
- The largest BTC Digital seller in Q1 2024 was Sabby Management, an estimated $140K sold.
Based on aggregated 13F filings for Q1 2024.