Coinbase
COIN
629 hedge funds and large institutions have $5.42B invested in Coinbase in 2022 Q2 according to their latest regulatory filings, with 140 funds opening new positions, 231 increasing their positions, 138 reducing their positions, and 299 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 231 | Existing positions reduced: 138
17.11% more ownership
Funds ownership: 45.54% → 62.66% (+17%)
21% less funds holding
Funds holding: 800 → 629 (-171)
39% less call options, than puts
Call options by funds: $779M | Put options by funds: $1.28B
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: 140 | Existing positions closed: 299
63% less capital invested
Capital invested by funds: $14.7B → $5.42B (-$9.33B)
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 |
COIN Hedge Fund Activity: Q2 2022 in Review
629 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Coinbase (COIN) for Q2 2022, worth a combined $5.42B — down 63% from $14.7B a quarter earlier.
Sellers outnumbered buyers: 299 funds closed out of COIN and 140 opened new positions — a net loss of 159 holders — while 138 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 800 in Q1 2022.
- Funds reported $5.42B of Coinbase stock for Q2 2022, down 63% quarter-over-quarter.
- 140 funds opened new Coinbase positions in Q2 2022 and 299 closed out, a net change of -159 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.