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HUT

Hut 8

117 hedge funds and large institutions have $57.9M invested in Hut 8 in 2023 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 29 increasing their positions, 32 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $11.2M | Put options by funds: $6.59M

0.28% more ownership

Funds ownership: 2.39%2.67% (+0.28%)

9% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 32

4% less funds holding

Funds holding: 122117 (-5)

15% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 20

34% less capital invested

Capital invested by funds: $87.3M → $57.9M (-$29.4M)

Holders
117
Holders Change
-5
Holders Change %
-4.1%
% of All Funds
1.86%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
17
Increased
29
Reduced
32
Closed
20
Calls
$11.2M
Puts
$6.59M
Net Calls
+$4.62M
Net Calls Change
-$3.15M
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
26
Legal & General Group
United Kingdom
$321K
HPG
27
Harvest Portfolios Group
Ontario, Canada
$298K -$14K -984 -3%
GA
28
GSG Advisors
New Jersey
$273K +$398K +28,000 New
BC
29
BIT Capital
Germany
$259K -$272K -19,128 -42%
CIBC World Market
30
CIBC World Market
Ontario, Canada
$224K +$126K +8,864 +64%
FAM
31
Flaharty Asset Management
Florida
$217K +$48.3K +3,400 +18%
Invesco
32
Invesco
Georgia
$215K -$753 -53 -0.2%
LPL Financial
33
LPL Financial
California
$190K -$6.25K -440 -2%
Mitsubishi UFJ Asset Management
34
Mitsubishi UFJ Asset Management
Japan
$181K -$16.4K -1,152 -6%
FAIM
35
Financial Advocates Investment Management
Washington
$170K -$2.39K -168 -1%
Mackenzie Financial
36
Mackenzie Financial
Ontario, Canada
$168K +$17.7K +1,245 +7%
Zurich Cantonal Bank
37
Zurich Cantonal Bank
Switzerland
$141K
Jane Street
38
Jane Street
New York
$134K -$608K -42,842 -76%
VF
39
Virtu Financial
New York
$132K -$428K -30,106 -69%
CAN
40
Cetera Advisor Networks
California
$121K -$2.34K -165 -1%
Dimensional Fund Advisors
41
Dimensional Fund Advisors
Texas
$108K +$158K +11,111 New
UBS Group
42
UBS Group
Switzerland
$108K -$69.7K -4,905 -31%
RCM
43
Requisite Capital Management
Texas
$97.5K
GIA
44
Gladstone Institutional Advisory
Florida
$84.8K -$40.6K -2,860 -25%
AWS
45
Atria Wealth Solutions
New York
$81.7K -$59.3K -4,178 -34%
Barclays
46
Barclays
United Kingdom
$79K +$1.5K +106 +1%
AWM
47
AE Wealth Management
Kansas
$76.5K +$8.45K +595 +8%
Pictet Asset Management
48
Pictet Asset Management
Switzerland
$76.4K +$110K +7,734 New
IPW
49
Impact Partnership Wealth
Georgia
$75.3K +$10.3K +728 +10%
CAPTRUST Financial Advisors
50
CAPTRUST Financial Advisors
North Carolina
$74K -$53.1K -3,742 -33%

HUT Hedge Fund Activity: Q3 2023 in Review

117 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Hut 8 (HUT) for Q3 2023, worth a combined $57.9M — down 34% from $87.3M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of HUT and 17 opened new positions — a net loss of 3 holders — while 32 trimmed existing stakes and 29 added.

The largest buyer was Citadel Advisors, adding an estimated $6.4M. The largest seller was American Century Companies, cutting an estimated $3.05M.

  • 117 institutional investors held Hut 8 (HUT) as of Q3 2023, down from 122 in Q2 2023.
  • Funds reported $57.9M of Hut 8 stock for Q3 2023, down 34% quarter-over-quarter.
  • 17 funds opened new Hut 8 positions in Q3 2023 and 20 closed out, a net change of -3 holders.
  • The largest Hut 8 buyer in Q3 2023 was Citadel Advisors, an estimated $6.4M added.
  • The largest Hut 8 seller in Q3 2023 was American Century Companies, an estimated $3.05M sold.

Based on aggregated 13F filings for Q3 2023.