Coinbase
COIN
569 hedge funds and large institutions have $3.78B invested in Coinbase in 2022 Q4 according to their latest regulatory filings, with 105 funds opening new positions, 162 increasing their positions, 186 reducing their positions, and 139 closing their positions.
4.24% less ownership
Funds ownership: 60.78% → 56.53% (-4.2%)
8% less funds holding
Funds holding: 620 → 569 (-51)
10% less funds holding in top 10
Funds holding in top 10: 29 → 26 (-3)
13% less repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 186
16% less call options, than puts
Call options by funds: $810M | Put options by funds: $965M
24% less first-time investments, than exits
New positions opened: 105 | Existing positions closed: 139
45% less capital invested
Capital invested by funds: $6.93B → $3.78B (-$3.15B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAMA
Nikko Asset Management Americas
New York
|
+$94.9M |
| 2 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$93.6M |
| 3 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$77.6M |
| 4 |
Two Sigma Investments
New York
|
+$59.9M |
| 5 |
Renaissance Technologies
New York
|
+$25.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$116M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$38.2M |
| 3 |
SPC
Slate Path Capital
New York
|
-$31.9M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$27.8M |
| 5 |
BlackRock
New York
|
-$26.7M |
COIN Hedge Fund Activity: Q4 2022 in Review
569 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Coinbase (COIN) for Q4 2022, worth a combined $3.78B — down 45% from $6.93B a quarter earlier.
Sellers outnumbered buyers: 139 funds closed out of COIN and 105 opened new positions — a net loss of 34 holders — while 186 trimmed existing stakes and 162 added.
The largest buyer was Nikko Asset Management Americas, adding an estimated $94.9M. The largest seller was Morgan Stanley, cutting an estimated $116M.
- 569 institutional investors held Coinbase (COIN) as of Q4 2022, down from 620 in Q3 2022.
- Funds reported $3.78B of Coinbase stock for Q4 2022, down 45% quarter-over-quarter.
- 105 funds opened new Coinbase positions in Q4 2022 and 139 closed out, a net change of -34 holders.
- The largest Coinbase buyer in Q4 2022 was Nikko Asset Management Americas, an estimated $94.9M added.
- The largest Coinbase seller in Q4 2022 was Morgan Stanley, an estimated $116M sold.
Based on aggregated 13F filings for Q4 2022.