High Tide
HITI
24 hedge funds and large institutions have $3.27M invested in High Tide in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 7 closing their positions.
1,400% more call options, than puts
Call options by funds: $690K | Put options by funds: $46K
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
71% more capital invested
Capital invested by funds: $1.91M → $3.27M (+$1.36M)
1.63% more ownership
Funds ownership: 1.76% → 3.39% (+1.6%)
8% less funds holding
Funds holding: 26 → 24 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
AXS Investments
Port Chester,
New York
|
+$822K |
| 2 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
+$665K |
| 3 |
Millennium Management
New York
|
+$242K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$74.6K |
| 5 |
Jane Street
New York
|
+$54.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBA
Baader Bank Aktiengesellschaft
Unterschleissheim,
Germany
|
-$308K |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$24.9K |
| 3 |
VF
Virtu Financial
New York
|
-$16K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.19K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
26
Virtu Financial
New York
| – | -$16K | -10,132 | Closed |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| – | -$4K | -2,586 | Closed |
|
|
28
UBS Group
Zurich,
Switzerland
| – | -$1.19K | -771 | Closed |
|
29
Belvedere Trading
Chicago,
Illinois
| – | -$1.18K | -764 | Closed |
|
|
MCC
30
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$117 | -76 | Closed |
|
31
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$246 | +177 | New |
|
HITI Hedge Fund Activity: Q1 2023 in Review
24 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in High Tide (HITI) for Q1 2023, worth a combined $3.27M — up 71% from $1.91M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of HITI and 5 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 8 added.
The largest buyer was AXS Investments, opening a new position worth an estimated $822K. The largest seller was Baader Bank Aktiengesellschaft, exiting entirely with an estimated $308K sold.
- 24 institutional investors held High Tide (HITI) as of Q1 2023, down from 26 in Q4 2022.
- Funds reported $3.27M of High Tide stock for Q1 2023, up 71% quarter-over-quarter.
- 5 funds opened new High Tide positions in Q1 2023 and 7 closed out, a net change of -2 holders.
- The largest High Tide buyer in Q1 2023 was AXS Investments, an estimated $822K added.
- The largest High Tide seller in Q1 2023 was Baader Bank Aktiengesellschaft, an estimated $308K sold.
Based on aggregated 13F filings for Q1 2023.