CoinShares ETF Trust CoinShares Bitcoin Mining ETF
WGMI
25 hedge funds and large institutions have $22.3M invested in CoinShares ETF Trust CoinShares Bitcoin Mining ETF in 2024 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
67% more funds holding
Funds holding: 15 → 25 (+10)
57% more capital invested
Capital invested by funds: $14.2M → $22.3M (+$8.11M)
26% more call options, than puts
Call options by funds: $11.5M | Put options by funds: $9.12M
2.79% more ownership
Funds ownership: 14.97% → 17.75% (+2.8%)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.48M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.04M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$574K |
| 4 |
HF
HRT Financial
New York
|
+$396K |
| 5 |
VF
VitalStone Financial
Shavano Park,
Texas
|
+$387K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.37M |
| 2 |
Belvedere Trading
Chicago,
Illinois
|
-$482K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$405K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$123K |
| 5 |
EWA
EverSource Wealth Advisors
Birmingham,
Alabama
|
-$35.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Wolverine Trading
Chicago,
Illinois
| – | -$405K | -23,735 | Closed |
|
|
EWA
27
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$35.1K | -2,500 | Closed |
|
WGMI Hedge Fund Activity: Q2 2024 in Review
25 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in CoinShares ETF Trust CoinShares Bitcoin Mining ETF (WGMI) for Q2 2024, worth a combined $22.3M — up 57% from $14.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new WGMI positions and 2 closed out — a net gain of 10 holders — while 4 added to existing stakes and 5 trimmed.
The largest buyer was Jane Street, adding an estimated $3.48M. The largest seller was Citadel Advisors, cutting an estimated $1.37M.
- 25 institutional investors held CoinShares ETF Trust CoinShares Bitcoin Mining ETF (WGMI) as of Q2 2024, up from 15 in Q1 2024.
- Funds reported $22.3M of CoinShares ETF Trust CoinShares Bitcoin Mining ETF stock for Q2 2024, up 57% quarter-over-quarter.
- 12 funds opened new CoinShares ETF Trust CoinShares Bitcoin Mining ETF positions in Q2 2024 and 2 closed out, a net change of +10 holders.
- The largest CoinShares ETF Trust CoinShares Bitcoin Mining ETF buyer in Q2 2024 was Jane Street, an estimated $3.48M added.
- The largest CoinShares ETF Trust CoinShares Bitcoin Mining ETF seller in Q2 2024 was Citadel Advisors, an estimated $1.37M sold.
Based on aggregated 13F filings for Q2 2024.