Hut 8
204 hedge funds and large institutions have $1.05B invested in Hut 8 in 2024 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 60 increasing their positions, 49 reducing their positions, and 27 closing their positions.
167% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 27
103% more call options, than puts
Call options by funds: $196M | Put options by funds: $96.7M
72% more capital inflows, than outflows
Capital inflows: $312M | Capital outflows: $182M
28% more funds holding
Funds holding: 160 → 204 (+44)
22% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 49
3.71% more ownership
Funds ownership: 50.84% → 54.55% (+3.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jericho Capital Asset Management
New York
|
+$37.3M |
| 2 |
D.E. Shaw & Co
New York
|
+$27M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
+$24.1M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$22.9M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAT Capital Management
Greenwich,
Connecticut
|
-$32.2M |
| 2 |
Moore Capital Management
New York
|
-$13.6M |
| 3 |
D1 Capital Partners
New York
|
-$11.2M |
| 4 |
Lone Pine Capital
Greenwich,
Connecticut
|
-$11M |
| 5 |
Westend Capital Management
Sausalito,
California
|
-$10.1M |
HUT Hedge Fund Activity: Q4 2024 in Review
204 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Hut 8 (HUT) for Q4 2024, worth a combined $1.05B — up 83% from $571M a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new HUT positions and 27 closed out — a net gain of 45 holders — while 60 added to existing stakes and 49 trimmed.
The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $37.3M. The largest seller was JAT Capital Management, cutting an estimated $32.2M.
- 204 institutional investors held Hut 8 (HUT) as of Q4 2024, up from 160 in Q3 2024.
- Funds reported $1.05B of Hut 8 stock for Q4 2024, up 83% quarter-over-quarter.
- 72 funds opened new Hut 8 positions in Q4 2024 and 27 closed out, a net change of +45 holders.
- The largest Hut 8 buyer in Q4 2024 was Jericho Capital Asset Management, an estimated $37.3M added.
- The largest Hut 8 seller in Q4 2024 was JAT Capital Management, an estimated $32.2M sold.
Based on aggregated 13F filings for Q4 2024.