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Coinbase

799 hedge funds and large institutions have $14.7B invested in Coinbase in 2022 Q1 according to their latest regulatory filings, with 166 funds opening new positions, 304 increasing their positions, 193 reducing their positions, and 249 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more repeat investments, than reductions

Existing positions increased: 304 | Existing positions reduced: 193

2% more funds holding in top 10

Funds holding in top 10: 5354 (+1)

1% less call options, than puts

Call options by funds: $2.2B | Put options by funds: $2.22B

9.98% less ownership

Funds ownership: 55.47%45.49% (-10%)

10% less funds holding

Funds holding: 892799 (-93)

32% less capital invested

Capital invested by funds: $21.6B → $14.7B (-$6.87B)

33% less first-time investments, than exits

New positions opened: 166 | Existing positions closed: 249

Holders
799
Holders Change
-93
Holders Change %
-10.43%
% of All Funds
12.6%
Holding in Top 10
54
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+1.89%
% of All Funds
0.85%
New
166
Increased
304
Reduced
193
Closed
249
Calls
$2.2B
Puts
$2.22B
Net Calls
-$18.5M
Net Calls Change
+$73.3M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
26
State Street
Massachusetts
$105M +$17.8M +90,991 +20%
IC
27
IEQ Capital
California
$105M +$633K +3,240 +0.6%
USAA
28
United Services Automobile Association
Texas
$103M
BBVA
29
Banco Bilbao Vizcaya Argentaria
Spain
$102M +$1.02M +5,195 +1%
Jane Street
30
Jane Street
New York
$102M +$21.6M +110,528 +26%
Geode Capital Management
31
Geode Capital Management
Massachusetts
$93.7M +$20.2M +103,382 +26%
IVMX
32
Institutional Venture Management XV
California
$85.6M
SPC
33
Slate Path Capital
New York
$84.1M -$13.1M -67,000 -13%
Alkeon Capital Management
34
Alkeon Capital Management
New York
$81.6M -$3.93M -20,135 -4%
Robeco Institutional Asset Management
35
Robeco Institutional Asset Management
Netherlands
$80.9M +$13.9M +70,987 +20%
Deutsche Bank
36
Deutsche Bank
Germany
$75.2M +$18.7M +95,719 +32%
WRCM
37
Whale Rock Capital Management
Massachusetts
$74.7M +$76.9M +393,693 New
Invesco
38
Invesco
Georgia
$67.8M +$18.9M +96,656 +37%
AIM
39
Allen Investment Management
New York
$66M +$2.35M +12,040 +4%
BC
40
BIT Capital
Germany
$62.1M -$18.7M -95,567 -23%
MVP
41
Miller Value Partners
Florida
$60.6M +$14.5M +74,248 +30%
CIM
42
Contrarius Investment Management
Jersey
$60.3M +$26.9M +137,863 +77%
Mirae Asset Global Investments
43
Mirae Asset Global Investments
South Korea
$57.9M -$3.27M -16,746 -5%
Schroder Investment Management Group
44
Schroder Investment Management Group
United Kingdom
$57.3M +$56.9M +291,409 New
AM
45
Atreides Management
Massachusetts
$55.3M +$2.75M +14,097 +5%
ZCI
46
Zevenbergen Capital Investments
Washington
$53.4M +$3.36M +17,201 +7%
Thrivent Financial for Lutherans
47
Thrivent Financial for Lutherans
Minnesota
$53.3M +$17.5M +89,432 +47%
KAS
48
Kemnay Advisory Services
New York
$51.9M
PPW
49
Parcion Private Wealth
Washington
$51M -$2.39M -12,218 -4%
AAI
50
Accomplice Associates II
Massachusetts
$48.7M

COIN Hedge Fund Activity: Q1 2022 in Review

799 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Coinbase (COIN) for Q1 2022, worth a combined $14.7B — down 32% from $21.6B a quarter earlier.

Sellers outnumbered buyers: 249 funds closed out of COIN and 166 opened new positions — a net loss of 83 holders — while 193 trimmed existing stakes and 304 added.

The largest buyer was ARK Investment Management, adding an estimated $299M. The largest seller was Sumitomo Mitsui Trust Group, exiting entirely with an estimated $1.12B sold.

  • 799 institutional investors held Coinbase (COIN) as of Q1 2022, down from 892 in Q4 2021.
  • Funds reported $14.7B of Coinbase stock for Q1 2022, down 32% quarter-over-quarter.
  • 166 funds opened new Coinbase positions in Q1 2022 and 249 closed out, a net change of -83 holders.
  • The largest Coinbase buyer in Q1 2022 was ARK Investment Management, an estimated $299M added.
  • The largest Coinbase seller in Q1 2022 was Sumitomo Mitsui Trust Group, an estimated $1.12B sold.

Based on aggregated 13F filings for Q1 2022.