Stablecoin Development Corp
SDEV
11 hedge funds and large institutions have $1.08M invested in Stablecoin Development Corp in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 5 closing their positions.
50% more capital invested
Capital invested by funds: $725K → $1.08M (+$360K)
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
0% more ownership
Funds ownership: 0% → 0% (+0%)
21% less funds holding
Funds holding: 14 → 11 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$306K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$262K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$75K |
| 4 |
Squarepoint
New York
|
+$37.5K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$12.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$279K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$42K |
| 3 |
VF
Virtu Financial
New York
|
-$25K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$14K |
| 5 |
RFA
Reilly Financial Advisors
La Mesa,
California
|
-$12K |
SDEV Hedge Fund Activity: Q1 2021 in Review
11 institutional investors reported a position in Stablecoin Development Corp (SDEV) for Q1 2021, worth a combined $1.08M — up 50% from $725K a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SDEV and 2 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Bridgeway Capital Management, adding an estimated $306K. The largest seller was Renaissance Technologies, exiting entirely with an estimated $279K sold.
- 11 institutional investors held Stablecoin Development Corp (SDEV) as of Q1 2021, down from 14 in Q4 2020.
- Funds reported $1.08M of Stablecoin Development Corp stock for Q1 2021, up 50% quarter-over-quarter.
- 2 funds opened new Stablecoin Development Corp positions in Q1 2021 and 5 closed out, a net change of -3 holders.
- The largest Stablecoin Development Corp buyer in Q1 2021 was Bridgeway Capital Management, an estimated $306K added.
- The largest Stablecoin Development Corp seller in Q1 2021 was Renaissance Technologies, an estimated $279K sold.
Based on aggregated 13F filings for Q1 2021.