Hut 8
122 hedge funds and large institutions have $87.3M invested in Hut 8 in 2023 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 37 increasing their positions, 24 reducing their positions, and 12 closing their positions.
194% more capital invested
Capital invested by funds: $29.7M → $87.3M (+$57.6M)
142% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 12
77% more call options, than puts
Call options by funds: $17.8M | Put options by funds: $10M
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
15% more funds holding
Funds holding: 106 → 122 (+16)
0.92% more ownership
Funds ownership: 1.47% → 2.39% (+0.92%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$10.8M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$3.99M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.42M |
| 4 |
GAM
Goldentree Asset Management
New York
|
+$1.37M |
| 5 |
Morgan Stanley
New York
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.4M |
| 2 |
BC
BIT Capital
Berlin,
Germany
|
-$1.3M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$937K |
| 4 |
SNT
SIG North Trading
Bala Cynwyd,
Pennsylvania
|
-$630K |
| 5 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$434K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAM
126
Gotham Asset Management
New York
| – | -$43.9K | -4,742 | Closed |
|
|
TSS
127
Two Sigma Securities
New York
| – | -$31.7K | -3,430 | Closed |
|
|
QC
128
QCM Cayman
Houston,
Texas
| – | -$24.3K | -2,625 | Closed |
|
129
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$24K | -2,605 | Closed |
|
|
KPWG
130
KFA Private Wealth Group
Tysons,
Virginia
| – | -$21.5K | -2,324 | Closed |
|
|
KAS
131
Kestra Advisory Services
Austin,
Texas
| – | -$20.5K | -2,211 | Closed |
|
132
Rockefeller Capital Management
New York
| – | -$19K | -2,078 | Closed |
|
|
ASN
133
Advisory Services Network
Atlanta,
Georgia
| – | -$4K | -432 | Closed |
|
|
PP
134
Pacifica Partners
Surrey,
Canada
| – | -$662 | -80 | Closed |
|
HUT Hedge Fund Activity: Q2 2023 in Review
122 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Hut 8 (HUT) for Q2 2023, worth a combined $87.3M — up 194% from $29.7M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new HUT positions and 12 closed out — a net gain of 17 holders — while 37 added to existing stakes and 24 trimmed.
The largest buyer was State Street, adding an estimated $10.8M. The largest seller was Jane Street, cutting an estimated $1.4M.
- 122 institutional investors held Hut 8 (HUT) as of Q2 2023, up from 106 in Q1 2023.
- Funds reported $87.3M of Hut 8 stock for Q2 2023, up 194% quarter-over-quarter.
- 29 funds opened new Hut 8 positions in Q2 2023 and 12 closed out, a net change of +17 holders.
- The largest Hut 8 buyer in Q2 2023 was State Street, an estimated $10.8M added.
- The largest Hut 8 seller in Q2 2023 was Jane Street, an estimated $1.4M sold.
Based on aggregated 13F filings for Q2 2023.