Coinbase
COIN
868 hedge funds and large institutions have $19.7B invested in Coinbase in 2024 Q3 according to their latest regulatory filings, with 102 funds opening new positions, 330 increasing their positions, 267 reducing their positions, and 138 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 330 | Existing positions reduced: 267
7% less call options, than puts
Call options by funds: $5.34B | Put options by funds: $5.72B
1.49% less ownership
Funds ownership: 55.81% → 54.32% (-1.5%)
3% less funds holding in top 10
Funds holding in top 10: 29 → 28 (-1)
5% less funds holding
Funds holding: 912 → 868 (-44)
21% less capital invested
Capital invested by funds: $24.8B → $19.7B (-$5.13B)
26% less first-time investments, than exits
New positions opened: 102 | Existing positions closed: 138
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$235M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$224M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$152M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$127M |
| 5 |
HF
HRT Financial
New York
|
+$94.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$859M |
| 2 |
APM
a16z Perennial Management
Menlo Park,
California
|
-$414M |
| 3 |
Renaissance Technologies
New York
|
-$236M |
| 4 |
Two Sigma Advisers
New York
|
-$147M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$97.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1001
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$4.45K | -20 | Closed |
|
|
UWS
1002
Unique Wealth Strategies
Burr Ridge,
Illinois
| – | -$5.3K | -20 | Closed |
|
|
VAG
1003
VisionPoint Advisory Group
Dallas,
Texas
| – | -$2.89K | -13 | Closed |
|
|
CP
1004
Castleview Partners
Dallas,
Texas
| – | -$2.67K | -12 | Closed |
|
|
BHWM
1005
Beaird Harris Wealth Management
Dallas,
Texas
| – | -$2.41K | -11 | Closed |
|
|
SIM
1006
Studio Investment Management
Chicago,
Illinois
| – | -$2.22K | -10 | Closed |
|
|
RFG
1007
RFP Financial Group
Atlanta,
Georgia
| – | -$1.78K | -8 | Closed |
|
|
RFA
1008
Register Financial Advisors
Atlanta,
Georgia
| – | -$1.33K | -6 | Closed |
|
|
TWP
1009
Triad Wealth Partners
Lawrence,
Kansas
| – | -$1.33K | -6 | Closed |
|
COIN Hedge Fund Activity: Q3 2024 in Review
868 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Coinbase (COIN) for Q3 2024, worth a combined $19.7B — down 21% from $24.8B a quarter earlier.
Sellers outnumbered buyers: 138 funds closed out of COIN and 102 opened new positions — a net loss of 36 holders — while 267 trimmed existing stakes and 330 added.
The largest buyer was Susquehanna International Group, adding an estimated $235M. The largest seller was Fidelity Investments, cutting an estimated $859M.
- 868 institutional investors held Coinbase (COIN) as of Q3 2024, down from 912 in Q2 2024.
- Funds reported $19.7B of Coinbase stock for Q3 2024, down 21% quarter-over-quarter.
- 102 funds opened new Coinbase positions in Q3 2024 and 138 closed out, a net change of -36 holders.
- The largest Coinbase buyer in Q3 2024 was Susquehanna International Group, an estimated $235M added.
- The largest Coinbase seller in Q3 2024 was Fidelity Investments, an estimated $859M sold.
Based on aggregated 13F filings for Q3 2024.