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HUT

Hut 8

319 hedge funds and large institutions have $3.51B invested in Hut 8 in 2025 Q4 according to their latest regulatory filings, with 111 funds opening new positions, 96 increasing their positions, 85 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

131% more first-time investments, than exits

New positions opened: 111 | Existing positions closed: 48

88% more funds holding in top 10

Funds holding in top 10: 815 (+7)

62% more call options, than puts

Call options by funds: $927M | Put options by funds: $572M

46% more capital invested

Capital invested by funds: $2.4B → $3.51B (+$1.1B)

21% more funds holding

Funds holding: 263319 (+56)

13% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 85

6.5% more ownership

Funds ownership: 65.67%72.17% (+6.5%)

Holders
319
Holders Change
+56
Holders Change %
+21.29%
% of All Funds
3.88%
Holding in Top 10
15
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+87.5%
% of All Funds
0.18%
New
111
Increased
96
Reduced
85
Closed
48
Calls
$927M
Puts
$572M
Net Calls
+$355M
Net Calls Change
-$999K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$387M +$19.2M +436,148 +5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$367M +$11M +250,320 +3%
SIM
3
SRS Investment Management
New York
$132M +$127M +2,869,797 New
SHCM
4
Sachem Head Capital Management
New York
$130M +$125M +2,825,000 New
VARA
5
Value Aligned Research Advisors
New Jersey
$128M +$37M +839,521 +43%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$119M +$3.51M +79,591 +3%
State Street
7
State Street
Massachusetts
$114M +$795K +18,042 +0.7%
D.E. Shaw & Co
8
D.E. Shaw & Co
New York
$110M +$18.6M +420,872 +21%
OMC
9
Oasis Management Company
Cayman Islands
$106M +$88.4M +2,004,953 +662%
Ameriprise
10
Ameriprise
Minnesota
$96.4M -$39.4M -892,719 -30%
BC
11
BIT Capital
Germany
$95.9M -$3.95M -89,570 -4%
T. Rowe Price Investment Management
12
T. Rowe Price Investment Management
Maryland
$84.3M +$19.7M +445,868 +32%
Mirae Asset Global ETFs Holdings
13
Mirae Asset Global ETFs Holdings
Hong Kong
$72.2M +$620K +14,055 +0.9%
TI
14
Tidal Investments
Wisconsin
$65.7M -$16.1M -366,296 -20%
Voloridge Investment Management
15
Voloridge Investment Management
Florida
$63.9M +$17M +385,184 +38%
Charles Schwab
16
Charles Schwab
California
$50M -$869K -19,704 -2%
HRCM
17
Hood River Capital Management
Florida
$47.9M -$41.6M -943,250 -48%
Invesco
18
Invesco
Georgia
$46.3M +$2.82M +64,053 +7%
SA
19
Situational Awareness
California
$39.5M +$11.5M +261,200 +44%
Bank of America
20
Bank of America
North Carolina
$39.4M +$17.6M +399,624 +87%
Millennium Management
21
Millennium Management
New York
$38M -$21.6M -490,842 -37%
MCM
22
Moore Capital Management
New York
$34.6M -$6.63M -150,440 -17%
Northern Trust
23
Northern Trust
Illinois
$34M -$2.2M -49,881 -6%
Morgan Stanley
24
Morgan Stanley
New York
$34M -$24.4M -553,668 -43%
ACL
25
Azora Capital LP
Florida
$31.7M +$19.6M +444,949 +181%