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Coinbase

1,262 hedge funds and large institutions have $33.4B invested in Coinbase in 2025 Q4 according to their latest regulatory filings, with 192 funds opening new positions, 509 increasing their positions, 409 reducing their positions, and 228 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more call options, than puts

Call options by funds: $ | Put options by funds: $

less ownership

Funds ownership:

less funds holding

Funds holding:

16% less first-time investments, than exits

New positions opened: 192 | Existing positions closed: 228

18% less funds holding in top 10

Funds holding in top 10: 4033 (-7)

30% less capital invested

Capital invested by funds: $47.8B → $33.4B (-$14.4B)

Holders
1,262
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
33
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$11.7B
Puts
$10.1B
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Portfolio Solutions
276
Envestnet Portfolio Solutions
Illinois
$6.15M
Wellington Management Group
277
Wellington Management Group
Massachusetts
$6.12M
Cerity Partners
278
Cerity Partners
New York
$6.07M
VPIM
279
Vanguard Personalized Indexing Management
California
$6.02M
Pathstone Holdings
280
Pathstone Holdings
New Jersey
$5.95M
OPERF
281
Oregon Public Employees Retirement Fund
Oregon
$5.91M
Public Employees Retirement Association of Colorado
282
Public Employees Retirement Association of Colorado
Colorado
$5.9M
FCH
283
Freestone Capital Holdings
Washington
$5.89M
NAM
284
Nissay Asset Management
Japan
$5.84M
FIA
285
Foundations Investment Advisors
Arizona
$5.83M
PNC Financial Services Group
286
PNC Financial Services Group
Pennsylvania
$5.8M
Baird Financial Group
287
Baird Financial Group
Wisconsin
$5.75M
DekaBank Deutsche Girozentrale
288
DekaBank Deutsche Girozentrale
Germany
$5.7M
Verition Fund Management
289
Verition Fund Management
Connecticut
$5.62M
TL
290
Tradewinds LLC
North Carolina
$5.6M
SPG
291
Strategic Planning Group
Utah
$5.56M
MOACM
292
Mutual of America Capital Management
New York
$5.54M
TRSOTSOK
293
Teachers Retirement System of the State of Kentucky
Kentucky
$5.54M
AAP
294
Aristotle Atlantic Partners
Florida
$5.48M
NIM
295
NEOS Investment Management
Connecticut
$5.43M
Mackenzie Financial
296
Mackenzie Financial
Ontario, Canada
$5.39M
SS
297
SBI Securities
Japan
$5.35M
G
298
GenTrust
Florida
$5.34M
ACA
299
Aptus Capital Advisors
Alabama
$5.28M
Focus Partners Wealth
300
Focus Partners Wealth
Massachusetts
$5.18M