Coinbase
COIN
1,029 hedge funds and large institutions have $30B invested in Coinbase in 2024 Q4 according to their latest regulatory filings, with 274 funds opening new positions, 372 increasing their positions, 261 reducing their positions, and 87 closing their positions.
215% more first-time investments, than exits
New positions opened: 274 | Existing positions closed: 87
51% more capital invested
Capital invested by funds: $19.8B → $30B (+$10.2B)
43% more repeat investments, than reductions
Existing positions increased: 372 | Existing positions reduced: 261
18% more funds holding
Funds holding: 871 → 1,029 (+158)
17% more funds holding in top 10
Funds holding in top 10: 29 → 34 (+5)
4.17% more ownership
Funds ownership: 54.78% → 58.95% (+4.2%)
7% more call options, than puts
Call options by funds: $11.4B | Put options by funds: $10.6B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$881M |
| 2 |
APM
a16z Perennial Management
Menlo Park,
California
|
+$417M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$357M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$260M |
| 5 |
BlackRock
New York
|
+$257M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$273M |
| 2 |
SVGI
Sozo Ventures GP II
Redwood City,
California
|
-$193M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$115M |
| 4 |
SCM
SVB Capital Management
Menlo Park,
California
|
-$103M |
| 5 |
PO
Paradigm Operations
San Francisco,
California
|
-$98.4M |
COIN Hedge Fund Activity: Q4 2024 in Review
1,029 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in Coinbase (COIN) for Q4 2024, worth a combined $30B — up 51% from $19.8B a quarter earlier.
Buyers outnumbered sellers: 274 funds opened new COIN positions and 87 closed out — a net gain of 187 holders — while 372 added to existing stakes and 261 trimmed.
The largest buyer was Jane Street, adding an estimated $881M. The largest seller was Susquehanna International Group, cutting an estimated $273M.
- 1,029 institutional investors held Coinbase (COIN) as of Q4 2024, up from 871 in Q3 2024.
- Funds reported $30B of Coinbase stock for Q4 2024, up 51% quarter-over-quarter.
- 274 funds opened new Coinbase positions in Q4 2024 and 87 closed out, a net change of +187 holders.
- The largest Coinbase buyer in Q4 2024 was Jane Street, an estimated $881M added.
- The largest Coinbase seller in Q4 2024 was Susquehanna International Group, an estimated $273M sold.
Based on aggregated 13F filings for Q4 2024.