Hut 8
106 hedge funds and large institutions have $29.7M invested in Hut 8 in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 31 reducing their positions, and 22 closing their positions.
128% more capital invested
Capital invested by funds: $13M → $29.7M (+$16.7M)
48% more call options, than puts
Call options by funds: $11.3M | Put options by funds: $7.67M
6% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 31
0.08% less ownership
Funds ownership: 1.55% → 1.47% (-0.08%)
9% less funds holding
Funds holding: 116 → 106 (-10)
36% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$1.64M |
| 2 |
BC
BIT Capital
Berlin,
Germany
|
+$1.44M |
| 3 |
Jane Street
New York
|
+$1.15M |
| 4 |
SNT
SIG North Trading
Bala Cynwyd,
Pennsylvania
|
+$432K |
| 5 |
Two Sigma Investments
New York
|
+$358K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$1M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$989K |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$589K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$512K |
| 5 |
Swiss National Bank
Zurich,
Switzerland
|
-$384K |
HUT Hedge Fund Activity: Q1 2023 in Review
106 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Hut 8 (HUT) for Q1 2023, worth a combined $29.7M — up 128% from $13M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of HUT and 14 opened new positions — a net loss of 8 holders — while 31 trimmed existing stakes and 33 added.
The largest buyer was American Century Companies, adding an estimated $1.64M. The largest seller was Mirae Asset Global Investments, cutting an estimated $1M.
- 106 institutional investors held Hut 8 (HUT) as of Q1 2023, down from 116 in Q4 2022.
- Funds reported $29.7M of Hut 8 stock for Q1 2023, up 128% quarter-over-quarter.
- 14 funds opened new Hut 8 positions in Q1 2023 and 22 closed out, a net change of -8 holders.
- The largest Hut 8 buyer in Q1 2023 was American Century Companies, an estimated $1.64M added.
- The largest Hut 8 seller in Q1 2023 was Mirae Asset Global Investments, an estimated $1M sold.
Based on aggregated 13F filings for Q1 2023.