Coinbase
COIN
913 hedge funds and large institutions have $24.8B invested in Coinbase in 2024 Q2 according to their latest regulatory filings, with 120 funds opening new positions, 378 increasing their positions, 256 reducing their positions, and 117 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 378 | Existing positions reduced: 256
2.29% more ownership
Funds ownership: 53.52% → 55.81% (+2.3%)
3% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 117
1% less funds holding
Funds holding: 922 → 913 (-9)
3% less call options, than puts
Call options by funds: $5.81B | Put options by funds: $5.99B
10% less capital invested
Capital invested by funds: $27.6B → $24.8B (-$2.79B)
45% less funds holding in top 10
Funds holding in top 10: 53 → 29 (-24)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$409M |
| 2 |
Jane Street
New York
|
+$318M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$185M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$173M |
| 5 |
CSD
Clear Street Derivatives
New York
|
+$169M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$198M |
| 2 |
Morgan Stanley
New York
|
-$193M |
| 3 |
N
Natixis
Paris,
France
|
-$158M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$114M |
| 5 |
ACL
APEIRON Capital Ltd
Hong Kong
|
-$108M |
COIN Hedge Fund Activity: Q2 2024 in Review
913 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Coinbase (COIN) for Q2 2024, worth a combined $24.8B — down 10% from $27.6B a quarter earlier.
Buyers outnumbered sellers: 120 funds opened new COIN positions and 117 closed out — a net gain of 3 holders — while 378 added to existing stakes and 256 trimmed.
The largest buyer was BlackRock, adding an estimated $409M. The largest seller was ARK Investment Management, cutting an estimated $198M.
- 913 institutional investors held Coinbase (COIN) as of Q2 2024, down from 922 in Q1 2024.
- Funds reported $24.8B of Coinbase stock for Q2 2024, down 10% quarter-over-quarter.
- 120 funds opened new Coinbase positions in Q2 2024 and 117 closed out, a net change of +3 holders.
- The largest Coinbase buyer in Q2 2024 was BlackRock, an estimated $409M added.
- The largest Coinbase seller in Q2 2024 was ARK Investment Management, an estimated $198M sold.
Based on aggregated 13F filings for Q2 2024.