Coinbase
COIN
609 hedge funds and large institutions have $7.77B invested in Coinbase in 2023 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 192 increasing their positions, 202 reducing their positions, and 63 closing their positions.
0% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 63
1% less capital invested
Capital invested by funds: $7.84B → $7.77B (-$75.1M)
5% less repeat investments, than reductions
Existing positions increased: 192 | Existing positions reduced: 202
2% less funds holding
Funds holding: 621 → 609 (-12)
4.17% less ownership
Funds ownership: 58.64% → 54.47% (-4.2%)
12% less funds holding in top 10
Funds holding in top 10: 26 → 23 (-3)
14% less call options, than puts
Call options by funds: $1.62B | Put options by funds: $1.88B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$189M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$61.5M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$46.8M |
| 4 |
Two Sigma Advisers
New York
|
+$44.2M |
| 5 |
Morgan Stanley
New York
|
+$43.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$162M |
| 2 |
Jane Street
New York
|
-$135M |
| 3 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$128M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$106M |
| 5 |
NAMA
Nikko Asset Management Americas
New York
|
-$103M |
COIN Hedge Fund Activity: Q3 2023 in Review
609 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Coinbase (COIN) for Q3 2023, worth a combined $7.77B — down 0.96% from $7.84B a quarter earlier.
Fund positioning in COIN was balanced in Q3 2023: 63 funds opened new positions, 63 closed out, 192 added to existing stakes and 202 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $189M. The largest seller was Renaissance Technologies, cutting an estimated $162M.
- 609 institutional investors held Coinbase (COIN) as of Q3 2023, down from 621 in Q2 2023.
- Funds reported $7.77B of Coinbase stock for Q3 2023, down 0.96% quarter-over-quarter.
- 63 funds opened new Coinbase positions in Q3 2023 and 63 closed out, a net change of 0 holders.
- The largest Coinbase buyer in Q3 2023 was Fidelity Investments, an estimated $189M added.
- The largest Coinbase seller in Q3 2023 was Renaissance Technologies, an estimated $162M sold.
Based on aggregated 13F filings for Q3 2023.