Institutional Insights on Coinbase Global (COIN) Holdings and Trading Activities

2024-03-12

During the meeting, insights were shared from sharkstracker.com regarding the holdings and trading activities of Hedge Funds and ETFs related to Coinbase Global (COIN) as of the quarter ending on 2023-12-31.

A total of 799 Hedge Funds were reported to be holding 140,604,873 COIN shares, while 34 ETFs held 8,303,410 COIN shares. Among the top institutional holders of COIN were Vanguard Group Inc., Susquehanna International Group, LLP, and ARK Investment Management LLC.

It was noted that in the last quarter, 238 Hedge Funds bought COIN shares, with 252 selling them. Hedge Funds were reported to have bought 19,591,363 COIN shares and sold 24,703,934 shares during the same period. Additionally, 56 Hedge Funds were said to have doubled their position on COIN, while 12 sold at least 90% of their COIN shares.

The meeting also highlighted the most pessimistic institutions on COIN, which included CloudAlpha Capital Management Limited, ARK Investment Management LLC, and Sumitomo Mitsui Trust Holdings, Inc. Conversely, the most optimistic institutions on COIN were reported to be Susquehanna International Group, LLP, Jane Street Group, LLC, and Price T Rowe Associates Inc.

Overall, the data presented by sharkstracker.com provided a comprehensive view of the market dynamics related to COIN, allowing for a data-driven analysis of the company's stock holdings and trading patterns by institutional investors.