Coinbase
COIN
621 hedge funds and large institutions have $7.84B invested in Coinbase in 2023 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 217 increasing their positions, 148 reducing their positions, and 68 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 217 | Existing positions reduced: 148
19% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 68
9% more capital invested
Capital invested by funds: $7.22B → $7.84B (+$626M)
1% more funds holding
Funds holding: 614 → 621 (+7)
0.34% more ownership
Funds ownership: 58.29% → 58.64% (+0.34%)
7% less funds holding in top 10
Funds holding in top 10: 28 → 26 (-2)
21% less call options, than puts
Call options by funds: $1.62B | Put options by funds: $2.03B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$85.9M |
| 2 |
Renaissance Technologies
New York
|
+$83.6M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
+$78.2M |
| 4 |
Two Sigma Investments
New York
|
+$70.5M |
| 5 |
Two Sigma Advisers
New York
|
+$63.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$369M |
| 2 |
Morgan Stanley
New York
|
-$83.1M |
| 3 |
Goldman Sachs
New York
|
-$67.5M |
| 4 |
MB
MUFG Bank
Tokyo 100-8388,,
Japan
|
-$59.3M |
| 5 |
Coatue Management
New York
|
-$43M |
COIN Hedge Fund Activity: Q2 2023 in Review
621 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Coinbase (COIN) for Q2 2023, worth a combined $7.84B — up 8.7% from $7.22B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new COIN positions and 68 closed out — a net gain of 13 holders — while 217 added to existing stakes and 148 trimmed.
The largest buyer was Jane Street, adding an estimated $85.9M. The largest seller was Fidelity Investments, cutting an estimated $369M.
- 621 institutional investors held Coinbase (COIN) as of Q2 2023, up from 614 in Q1 2023.
- Funds reported $7.84B of Coinbase stock for Q2 2023, up 8.7% quarter-over-quarter.
- 81 funds opened new Coinbase positions in Q2 2023 and 68 closed out, a net change of +13 holders.
- The largest Coinbase buyer in Q2 2023 was Jane Street, an estimated $85.9M added.
- The largest Coinbase seller in Q2 2023 was Fidelity Investments, an estimated $369M sold.
Based on aggregated 13F filings for Q2 2023.