Institutional Investors' Sentiment on Riot Platforms Revealed

2024-03-12

Riot Platforms, a company that was being closely monitored on sharkstracker.com, had garnered significant attention from institutional investors. By the end of the last quarter in 2023, there had been 272 Hedge Funds collectively holding 129,395,278 RIOT shares, with an additional 19 ETFs possessing 8,388,902 RIOT shares. Among the top institutional holders were Vanguard Group Inc. and BlackRock Inc.

During the same quarter, 135 Hedge Funds had been actively purchasing RIOT, acquiring a total of 27,899,395 shares. Conversely, 54 Hedge Funds were selling off RIOT shares, amounting to 4,673,267 shares being offloaded. Noteworthy was the fact that 36 Hedge Funds had doubled their position on RIOT, indicating a strong sense of confidence in the company's performance.

Further analysis of the data had shed light on the most optimistic and pessimistic institutions regarding RIOT. Among the most optimistic were Jane Street Group, BlackRock Inc., and Vanguard Group Inc., while the most pessimistic included Squarepoint Ops LLC and JPMorgan Chase & Co.

This data-driven insight into the market had provided investors with valuable information to make well-informed decisions regarding RIOT. For those seeking more comprehensive details and insights, the complete report was made available on sharkstracker.com.