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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
LNWTC
451
Laird Norton Wetherby Trust Company
Washington
$1.89M
VT
452
Volterra Technologies
New York
$1.89M
OL
453
Optas LLC
Texas
$1.88M
LC
454
Longitude (Cayman)
Cayman Islands
$1.88M
ALMGDA
455
AG2R La Mondiale Gestion d'Actifs
France
$1.87M
AWM
456
AE Wealth Management
Kansas
$1.84M
TFS
457
Thoroughbred Financial Services
Tennessee
$1.83M
RW
458
Rede Wealth
Virginia
$1.83M
PF
459
Phoenix Financial
Israel
$1.8M
Belvedere Trading
460
Belvedere Trading
Illinois
$1.79M
Balyasny Asset Management
461
Balyasny Asset Management
Illinois
$1.79M
DFCM
462
Dark Forest Capital Management
Puerto Rico
$1.79M
TMAM
463
Tokio Marine Asset Management
Japan
$1.78M
IWM
464
IHT Wealth Management
Illinois
$1.77M
VRS
465
Virginia Retirement Systems
Virginia
$1.75M
RIA
466
Realta Investment Advisors
Delaware
$1.74M
BIP
467
Bouvel Investment Partners
Pennsylvania
$1.74M
CL
468
Choreo LLC
Illinois
$1.71M
RWPA
469
Richard W. Paul & Associates
Michigan
$1.71M
SIG
470
Senator Investment Group
New York
$1.66M
NMIMC
471
Northwestern Mutual Investment Management Company
Wisconsin
$1.65M
HIP
472
HUB Investment Partners
Texas
$1.63M
NDSIB
473
North Dakota State Investment Board
North Dakota
$1.63M
DP
474
DDD Partners
Washington
$1.61M
SCM
475
Shelton Capital Management
Colorado
$1.61M