Gemini Space Station
GEMI
62 hedge funds and large institutions have $123M invested in Gemini Space Station in 2025 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 43 closing their positions.
57% more call options, than puts
Call options by funds: $28.7M | Put options by funds: $18.3M
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
1.98% more ownership
Funds ownership: 27.11% → 29.09% (+2%)
19% less funds holding
Funds holding: 77 → 62 (-15)
35% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 43
56% less capital invested
Capital invested by funds: $282M → $123M (-$159M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$24.2M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$6.99M |
| 3 |
BlackRock
New York
|
+$6.39M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$5.36M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
-$38.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$14.4M |
| 3 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$12.6M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$6.22M |
| 5 |
VanEck Associates
New York
|
-$5.92M |
GEMI Hedge Fund Activity: Q4 2025 in Review
62 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in Gemini Space Station (GEMI) for Q4 2025, worth a combined $123M — down 56% from $282M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of GEMI and 28 opened new positions — a net loss of 15 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was Morgan Stanley, adding an estimated $24.2M. The largest seller was Altimeter Capital Management, exiting entirely with an estimated $38.3M sold.
- 62 institutional investors held Gemini Space Station (GEMI) as of Q4 2025, down from 77 in Q3 2025.
- Funds reported $123M of Gemini Space Station stock for Q4 2025, down 56% quarter-over-quarter.
- 28 funds opened new Gemini Space Station positions in Q4 2025 and 43 closed out, a net change of -15 holders.
- The largest Gemini Space Station buyer in Q4 2025 was Morgan Stanley, an estimated $24.2M added.
- The largest Gemini Space Station seller in Q4 2025 was Altimeter Capital Management, an estimated $38.3M sold.
Based on aggregated 13F filings for Q4 2025.