Stablecoin Development Corp
SDEV
7 hedge funds and large institutions have $45.5K invested in Stablecoin Development Corp in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 7 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
0.1% less ownership
Funds ownership: 0.1% → 0.01% (-0.1%)
46% less funds holding
Funds holding: 13 → 7 (-6)
81% less capital invested
Capital invested by funds: $242K → $45.5K (-$197K)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$32.3K |
| 2 |
TSS
Two Sigma Securities
New York
|
+$20.3K |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$1.52K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$587 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
-$147K |
| 2 |
Renaissance Technologies
New York
|
-$32K |
| 3 |
ACM
Altium Capital Management
New York
|
-$13.8K |
| 4 |
VF
Virtu Financial
New York
|
-$13K |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$11K |
SDEV Hedge Fund Activity: Q1 2024 in Review
7 of the 6,956 institutional investors tracked by Wall St. Rank reported a position in Stablecoin Development Corp (SDEV) for Q1 2024, worth a combined $45.5K — down 81% from $242K a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SDEV and 1 opened new positions — a net loss of 6 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was UBS Group, adding an estimated $32.3K. The largest seller was Armistice Capital, exiting entirely with an estimated $147K sold.
- 7 institutional investors held Stablecoin Development Corp (SDEV) as of Q1 2024, down from 13 in Q4 2023.
- Funds reported $45.5K of Stablecoin Development Corp stock for Q1 2024, down 81% quarter-over-quarter.
- 1 fund opened new Stablecoin Development Corp positions in Q1 2024 and 7 closed out, a net change of -6 holders.
- The largest Stablecoin Development Corp buyer in Q1 2024 was UBS Group, an estimated $32.3K added.
- The largest Stablecoin Development Corp seller in Q1 2024 was Armistice Capital, an estimated $147K sold.
Based on aggregated 13F filings for Q1 2024.