Hut 8
137 hedge funds and large institutions have $645M invested in Hut 8 in 2024 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 18 closing their positions.
217% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 18
201% more capital invested
Capital invested by funds: $215M → $645M (+$431M)
61% more call options, than puts
Call options by funds: $111M | Put options by funds: $68.6M
44% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 25
37% more funds holding
Funds holding: 100 → 137 (+37)
25.75% more ownership
Funds ownership: 21.89% → 47.65% (+26%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$55.7M |
| 2 |
MCM
Moore Capital Management
New York
|
+$30.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.1M |
| 4 |
CHP
Castle Hook Partners
New York
|
+$24M |
| 5 |
State Street
Boston,
Massachusetts
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$26M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$13.2M |
| 3 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$2.76M |
| 4 |
Goldman Sachs
New York
|
-$1.91M |
| 5 |
BC
BIT Capital
Berlin,
Germany
|
-$1.75M |
HUT Hedge Fund Activity: Q2 2024 in Review
137 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Hut 8 (HUT) for Q2 2024, worth a combined $645M — up 201% from $215M a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new HUT positions and 18 closed out — a net gain of 39 holders — while 36 added to existing stakes and 25 trimmed.
The largest buyer was BlackRock, adding an estimated $55.7M. The largest seller was Fidelity Investments, exiting entirely with an estimated $26M sold.
- 137 institutional investors held Hut 8 (HUT) as of Q2 2024, up from 100 in Q1 2024.
- Funds reported $645M of Hut 8 stock for Q2 2024, up 201% quarter-over-quarter.
- 57 funds opened new Hut 8 positions in Q2 2024 and 18 closed out, a net change of +39 holders.
- The largest Hut 8 buyer in Q2 2024 was BlackRock, an estimated $55.7M added.
- The largest Hut 8 seller in Q2 2024 was Fidelity Investments, an estimated $26M sold.
Based on aggregated 13F filings for Q2 2024.