Hut 8
106 hedge funds and large institutions have $114M invested in Hut 8 in 2023 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 38 increasing their positions, 26 reducing their positions, and 34 closing their positions.
97% more capital invested
Capital invested by funds: $57.9M → $114M (+$56.4M)
46% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 26
40% more call options, than puts
Call options by funds: $91.6M | Put options by funds: $65.6M
6.89% more ownership
Funds ownership: 2.67% → 9.56% (+6.9%)
9% less funds holding
Funds holding: 117 → 106 (-11)
26% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.11M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.83M |
| 3 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$5.33M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.72M |
| 5 |
BC
BIT Capital
Berlin,
Germany
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$6.12M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$5.22M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$3.43M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$3.3M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.27M |
HUT Hedge Fund Activity: Q4 2023 in Review
106 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Hut 8 (HUT) for Q4 2023, worth a combined $114M — up 97% from $57.9M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of HUT and 25 opened new positions — a net loss of 9 holders — while 26 trimmed existing stakes and 38 added.
The largest buyer was Morgan Stanley, adding an estimated $6.11M. The largest seller was State Street, cutting an estimated $6.12M.
- 106 institutional investors held Hut 8 (HUT) as of Q4 2023, down from 117 in Q3 2023.
- Funds reported $114M of Hut 8 stock for Q4 2023, up 97% quarter-over-quarter.
- 25 funds opened new Hut 8 positions in Q4 2023 and 34 closed out, a net change of -9 holders.
- The largest Hut 8 buyer in Q4 2023 was Morgan Stanley, an estimated $6.11M added.
- The largest Hut 8 seller in Q4 2023 was State Street, an estimated $6.12M sold.
Based on aggregated 13F filings for Q4 2023.