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HUT

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.

New
Increased
Maintained
Reduced
Closed

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: 117106 (-11)

26% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 34

Holders
106
Holders Change
-11
Holders Change %
-9.4%
% of All Funds
1.55%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
25
Increased
38
Reduced
26
Closed
34
Calls
$91.6M
Puts
$65.6M
Net Calls
+$26.1M
Net Calls Change
+$21.4M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$11M -$6.12M -573,751 -41%
Susquehanna International Group
2
Susquehanna International Group
Pennsylvania
$10.5M +$5.83M +546,610 +225%
Morgan Stanley
3
Morgan Stanley
New York
$10.2M +$6.11M +572,518 +300%
VanEck Associates
4
VanEck Associates
New York
$9.37M +$2.8M +262,408 +60%
Bank of Montreal
5
Bank of Montreal
Ontario, Canada
$7.18M +$4.72M +442,779 +13,301%
AFM
6
Anson Funds Management
Texas
$6.67M +$5.33M +500,000 New
Mirae Asset Global Investments
7
Mirae Asset Global Investments
South Korea
$4.91M -$3.3M -309,112 -46%
BC
8
BIT Capital
Germany
$4.85M +$3.6M +337,291 +1,270%
VA
9
Vident Advisory
Georgia
$4.36M +$1.79M +167,771 +106%
Jane Street
10
Jane Street
New York
$4.27M +$3.27M +306,677 +2,249%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$3.73M +$893K +83,671 +43%
Goldman Sachs
12
Goldman Sachs
New York
$3.71M +$1.54M +144,346 +108%
Barclays
13
Barclays
United Kingdom
$2.63M +$2.02M +189,332 +2,336%
Two Sigma Investments
14
Two Sigma Investments
New York
$2.29M +$1.83M +171,311 New
Group One Trading
15
Group One Trading
Illinois
$2.25M +$2.34K +219 +0.1%
BlackRock
16
BlackRock
New York
$2.05M +$785K +73,566 +91%
Nomura Holdings
17
Nomura Holdings
Japan
$1.77M +$1.42M +133,019 New
Millennium Management
18
Millennium Management
New York
$1.77M +$1.42M +132,800 New
First Trust Advisors
19
First Trust Advisors
Illinois
$1.68M +$296K +27,754 +28%
SL
20
Savior LLC
Massachusetts
$1.54M +$1.23M +115,671 New
Swiss National Bank
21
Swiss National Bank
Switzerland
$1.17M -$104K -9,720 -10%
SPS
22
Susquehanna Portfolio Strategies
Pennsylvania
$823K +$658K +61,660 New
Squarepoint
23
Squarepoint
New York
$794K +$635K +59,521 New
William Blair & Company
24
William Blair & Company
Illinois
$792K +$633K +59,369 New
Charles Schwab
25
Charles Schwab
California
$718K +$116K +10,848 +25%

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.