Coinbase
COIN
629 hedge funds and large institutions have $5.37B invested in Coinbase in 2022 Q2 according to their latest regulatory filings, with 141 funds opening new positions, 231 increasing their positions, 137 reducing their positions, and 299 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 231 | Existing positions reduced: 137
17.16% more ownership
Funds ownership: 45.49% → 62.66% (+17%)
21% less funds holding
Funds holding: 799 → 629 (-170)
37% less call options, than puts
Call options by funds: $883M | Put options by funds: $1.39B
50% less funds holding in top 10
Funds holding in top 10: 54 → 27 (-27)
53% less first-time investments, than exits
New positions opened: 141 | Existing positions closed: 299
64% less capital invested
Capital invested by funds: $14.7B → $5.37B (-$9.36B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$660M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$443M |
| 3 |
BlackRock
New York
|
+$409M |
| 4 |
Renaissance Technologies
New York
|
+$305M |
| 5 |
Two Sigma Advisers
New York
|
+$282M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$193M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$187M |
| 3 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$74.7M |
| 4 |
Tiger Global Management
New York
|
-$65.2M |
| 5 |
HF
HRT Financial
New York
|
-$60.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
901
Allspring Global Investments
Charlotte,
North Carolina
| – | -$1K | -9 | Closed |
|
|
PFA
902
Professional Financial Advisors
North Platte,
Nebraska
| – | -$571 | -6 | -67% |
|
|
CMBA
903
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$1K | -5 | Closed |
|
|
PPWM
904
PFG Private Wealth Management
Lutz,
Florida
| – | -$476 | -5 | -50% |
|
|
SCA
905
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$476 | -5 | -45% |
|
|
BBPWM
906
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$1K | -3 | Closed |
|
|
HCM
907
Horrell Capital Management
Little Rock,
Arkansas
| – | -$1K | -3 | Closed |
|
|
PO
908
Private Ocean
San Rafael,
California
| – | -$1K | -3 | Closed |
|
|
MPWT
909
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | +$286 | +3 | New |
|
|
LFA
910
Level Financial Advisors
East Amherst,
New York
| – | +$476 | +5 | New |
|
|
BSB
911
Bangor Savings Bank
Bangor,
Maine
| – | +$571 | +6 | New |
|
|
WOSD
912
WFA of San Diego
San Diego,
California
| – | +$571 | +6 | New |
|
|
JMF
913
Johnson Midwest Financial
Glidden,
Iowa
| – | +$952 | +10 | New |
|
COIN Hedge Fund Activity: Q2 2022 in Review
629 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Coinbase (COIN) for Q2 2022, worth a combined $5.37B — down 64% from $14.7B a quarter earlier.
Sellers outnumbered buyers: 299 funds closed out of COIN and 141 opened new positions — a net loss of 158 holders — while 137 trimmed existing stakes and 231 added.
The largest buyer was Sumitomo Mitsui Trust Group, opening a new position worth an estimated $660M. The largest seller was Fidelity Investments, cutting an estimated $193M.
- 629 institutional investors held Coinbase (COIN) as of Q2 2022, down from 799 in Q1 2022.
- Funds reported $5.37B of Coinbase stock for Q2 2022, down 64% quarter-over-quarter.
- 141 funds opened new Coinbase positions in Q2 2022 and 299 closed out, a net change of -158 holders.
- The largest Coinbase buyer in Q2 2022 was Sumitomo Mitsui Trust Group, an estimated $660M added.
- The largest Coinbase seller in Q2 2022 was Fidelity Investments, an estimated $193M sold.
Based on aggregated 13F filings for Q2 2022.