Stablecoin Development Corp
SDEV
2 hedge funds and large institutions have $42.6K invested in Stablecoin Development Corp in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 2 closing their positions.
0.04% less ownership
Funds ownership: 0.04% → 0.01% (-0.04%)
33% less funds holding
Funds holding: 3 → 2 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
84% less capital invested
Capital invested by funds: $272K → $42.6K (-$230K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$26.8K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$11.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
-$240K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$309 |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$5 |
SDEV Hedge Fund Activity: Q2 2023 in Review
2 institutional investors reported a position in Stablecoin Development Corp (SDEV) for Q2 2023, worth a combined $42.6K — down 84% from $272K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SDEV and 1 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 1 added.
The largest buyer was Renaissance Technologies, adding an estimated $26.8K. The largest seller was Armistice Capital, exiting entirely with an estimated $240K sold.
- 2 institutional investors held Stablecoin Development Corp (SDEV) as of Q2 2023, down from 3 in Q1 2023.
- Funds reported $42.6K of Stablecoin Development Corp stock for Q2 2023, down 84% quarter-over-quarter.
- 1 fund opened new Stablecoin Development Corp positions in Q2 2023 and 2 closed out, a net change of -1 holder.
- The largest Stablecoin Development Corp buyer in Q2 2023 was Renaissance Technologies, an estimated $26.8K added.
- The largest Stablecoin Development Corp seller in Q2 2023 was Armistice Capital, an estimated $240K sold.
Based on aggregated 13F filings for Q2 2023.