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Coinbase

1,262 hedge funds and large institutions have $33.4B invested in Coinbase in 2025 Q4 according to their latest regulatory filings, with 192 funds opening new positions, 509 increasing their positions, 409 reducing their positions, and 228 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more call options, than puts

Call options by funds: $ | Put options by funds: $

less ownership

Funds ownership:

less funds holding

Funds holding:

16% less first-time investments, than exits

New positions opened: 192 | Existing positions closed: 228

18% less funds holding in top 10

Funds holding in top 10: 4033 (-7)

30% less capital invested

Capital invested by funds: $47.8B → $33.4B (-$14.4B)

Holders
1,262
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
33
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$11.7B
Puts
$10.1B
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Truist Financial
176
Truist Financial
North Carolina
$14.2M
LF
177
Lansforsakringar Fondforvaltning
Sweden
$14.2M
IC
178
Iconiq Capital
California
$14.2M
CIBC World Market
179
CIBC World Market
Ontario, Canada
$14.1M
RAM
180
Resona Asset Management
Japan
$13.9M
GAM
181
Gotham Asset Management
New York
$13.7M
CNB
182
Czech National Bank
Czech Republic
$13.6M
SA
183
SJBenen ADVISORY
North Carolina
$13.5M
SOMRS
184
State of Michigan Retirement System
Michigan
$13.5M
Hudson Bay Capital Management
185
Hudson Bay Capital Management
Connecticut
$13.5M
WT
186
Whittier Trust
California
$13.3M
RWM
187
Refined Wealth Management
Utah
$13.2M
ASRS
188
Arizona State Retirement System
Arizona
$12.9M
TAF
189
Tredje AP-fonden
Sweden
$12.9M
CM
190
Caption Management
Oklahoma
$12.8M
National Bank of Canada
191
National Bank of Canada
Quebec, Canada
$12.7M
MIM
192
MetLife Investment Management
New Jersey
$12.6M
Commonwealth Equity Services
193
Commonwealth Equity Services
Massachusetts
$12.5M
BNP Paribas Asset Management
194
BNP Paribas Asset Management
France
$12.4M
CIAM
195
Caitong International Asset Management
Hong Kong
$12.3M
Mirae Asset Global Investments
196
Mirae Asset Global Investments
South Korea
$12.1M
BC
197
BIT Capital
Germany
$12.1M
COPPSERS
198
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$12M
CIBC Asset Management
199
CIBC Asset Management
Ontario, Canada
$11.9M
MG
200
Marex Group
$11.8M