Coinbase: which funds bought and sold

Institutions that bought and sold Coinbase shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 440 institutions that filed 13F reports for both quarters added to or opened positions in Coinbase, and 618 cut or closed them. Together they added a net 526K shares, +0.4% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 1.6M shares (−11.3%); index fund managers were net buyers of 333K shares (+0.5%). 91 opened a new position and 163 sold out entirely.

Bought, Q2 2026 440 institutions, 91 of them new holders Sold, Q2 2026 618 institutions, 163 of them sold out

Net change, all compared +526K shares (+0.4%)

Net change, active managers −1.6M shares (−11.3%), 32 bought, 36 sold

Buyers versus sellers

institutions compared, 1,250

440 bought 192 618 sold

Active managers and hedge funds 32 bought · 36 sold · −1.6M

Index fund managers 7 bought · 5 sold · +333K

Other institutions 401 bought · 577 sold · +1.8M

Biggest buyers

by change in shares held

Biggest buyers
Institution	Change in shares	Shares June 30, 2026	Value
Nomura Holdings Inc	+803K +264.5%	1.1M	$162M
Optiver Holding B.V.	+656K +641.8%	759K	$111M
Allspring Global Investments Holdings, LLC	+535K +3415.3%	550K	$87.6M
Jane Street Group, LLC	+453K +51.0%	1.3M	$196M
Barclays PLC	+389K +29.5%	1.7M	$250M
Blue Sparrow, LLC	+319K +394.7%	399K	$58.4M
Southpoint Capital Advisors LP Hedge fund	+300K +50.0%	900K	$132M
Squarepoint Ops LLC Hedge fund	+287K +3074.7%	296K	$43.3M
Assenagon Asset Management S.A.	+276K +833.3%	309K	$45.2M
Van Eck Associates Corp	+247K +99.3%	495K	$72.4M
Exchange Traded Concepts, LLC	+228K +222.1%	331K	$48.3M
D. E. Shaw & Co., Inc. Hedge fund	+224K +303.3%	298K	$43.6M
State Street Corp Index funds	+202K +2.2%	9.6M	$1.4B
Bank Of Montreal	+172K +15.1%	1.3M	$191M
Susquehanna International Group, LLP	+163K +40.3%	567K	$82.9M
Credit Agricole S A	+161K +80.6%	360K	$52.7M
Capula Management Ltd Hedge fund	+160K +142802.7%	160K	$23.4M
Charles Schwab Investment Management Inc Index funds	+151K +8.7%	1.9M	$276M
Harvest Portfolios Group Inc.	+150K +31.8%	623K	$91.1M
BNP Paribas Asset Management Holding S.A.	+145K +316.2%	191K	$28M

Biggest buyers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Southpoint Capital Advisors LP Hedge fund	+300K +50.0%	900K	$132M
Squarepoint Ops LLC Hedge fund	+287K +3074.7%	296K	$43.3M
D. E. Shaw & Co., Inc. Hedge fund	+224K +303.3%	298K	$43.6M
Capula Management Ltd Hedge fund	+160K +142802.7%	160K	$23.4M
ARK Investment Management LLC Active manager	+138K +5.8%	2.5M	$367M
Two Sigma Investments, LP Hedge fund	+104K +233.1%	149K	$21.8M
Renaissance Technologies LLC Hedge fund	+93K New position	93K	$13.5M
AQR Capital Management LLC Hedge fund	+73K +85.5%	158K	$23.1M
Balyasny Asset Management L.P. Hedge fund	+41K +1220.8%	44K	$6.4M
Laurion Capital Management LP Hedge fund	+37K +53397.1%	37K	$5.5M

Biggest sellers

by change in shares held

Biggest sellers
Institution	Change in shares	Shares June 30, 2026	Value
FMR LLC Active manager	−980K −79.4%	254K	$37.1M
Ruffer LLP Active manager	−937K −65.3%	499K	$72.9M
Jpmorgan Chase & Co	−560K −28.6%	1.4M	$212M
Citadel Advisors LLC Hedge fund	−481K −71.6%	191K	$27.9M
Paradigm Operations LP	−404K −11.3%	3.2M	$466M
Ribbit Management Company, LLC	−394K −53.4%	343K	$50.2M
Clear Street Group Inc.	−240K −9.4%	2.3M	$338M
UBS Group AG	−202K −8.0%	2.3M	$338M
Brevan Howard Capital Management LP Hedge fund	−186K −73.2%	68K	$10M
Citigroup Inc	−184K −20.9%	695K	$102M
Amundi	−180K −16.6%	901K	$132M
Blair William & Co	−152K −53.5%	133K	$19.4M
Evergreen Quality Fund Gp, Ltd.	−152K Sold out	0	—
Northern Trust Corp Index funds	−125K −6.4%	1.8M	$267M
Robeco Institutional Asset Management B.V.	−106K −36.9%	181K	$26.5M
Quadrature Capital Ltd Hedge fund	−106K −65.8%	55K	$8M
Danske Bank A/S	−104K −52.2%	95K	$13.9M
Peak6 LLC	−104K −66.1%	53K	$7.8M
Vontobel Holding Ltd.	−101K −53.6%	87K	$12.7M
Schroder Investment Management Group Active manager	−95K −64.1%	53K	$8.1M

Biggest sellers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
FMR LLC Active manager	−980K −79.4%	254K	$37.1M
Ruffer LLP Active manager	−937K −65.3%	499K	$72.9M
Citadel Advisors LLC Hedge fund	−481K −71.6%	191K	$27.9M
Brevan Howard Capital Management LP Hedge fund	−186K −73.2%	68K	$10M
Quadrature Capital Ltd Hedge fund	−106K −65.8%	55K	$8M
Schroder Investment Management Group Active manager	−95K −64.1%	53K	$8.1M
LMR Partners LLP Hedge fund	−66K −75.9%	21K	$3.1M
Price T Rowe Associates Inc Active manager	−54K −9.5%	514K	$75.2M
Jain Global LLC Hedge fund	−47K −70.9%	19K	$2.8M
Millennium Management LLC Hedge fund	−46K −29.8%	108K	$15.8M

New positions

largest by value

Institution	Shares	Value June 30, 2026
Simplex Trading, LLC	129K	$18.9M
Woodson Capital Management, LP	100K	$14.6M
Renaissance Technologies LLCHedge fund	93K	$13.5M
Columbus Hill Capital Management, L.P.	54K	$7.9M
Goodman Financial Corp	49K	$7.1M
Logan Capital Management Inc	48K	$7.1M
Am Investment Strategies LLC	28K	$4.1M
Fulcrum Capital LLC	20K	$2.9M
Waterloo Capital, L.P.	18K	$2.6M
Readystate Asset Management LP	18K	$2.6M

Sold out

largest by value

Institution	Shares	Value March 31, 2026
Evergreen Quality Fund Gp, Ltd.	152K	$26.5M
Meridiem Capital Partners LP	79K	$13.9M
Privium Fund Management B.V.	79K	$13.8M
Lord, Abbett & Co. LLC	63K	$10.9M
Walleye Trading LLC	61K	$10.6M
Stevens Capital Management LP	54K	$9.4M
Hunting Hill Global Capital, LLC	42K	$7.3M
Quinn Opportunity Partners LLC	33K	$5.8M
Himension Capital (Singapore) Pte. Ltd.	32K	$5.6M
Y-Intercept (Hong Kong) Ltd	31K	$5.4M

Who holds the shares

13F holdings at June 30, 2026

Institutions reporting: 1,110
Ten largest holders: 48.7%
Index fund managers: 42.2%
Active managers and hedge funds: 8.5%

Buying and selling by type of institution, March 31, 2026 to June 30, 2026
Type	Bought	Sold	New	Sold out	Net change in shares	Net %
Active managers and hedge funds	32	36	11	6	−1.6M	−11.3%
Index fund managers	7	5	0	0	+333K	+0.5%
Other institutions	401	577	80	157	+1.8M	+2.7%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

What these filings can and cannot tell you

Form 13F lists the long positions in US-listed shares held by investment managers with more than $100 million in such holdings. Managers file it up to 45 days after each quarter ends, so this page shows what funds held at the end of each quarter, not what they are doing now: a position may have changed since. Short positions, most derivatives and smaller managers are not included, and a cut can mean a fund lost clients or rebalanced rather than a view on Coinbase.

Only managers that filed a holdings report for both quarters are compared (1,250 here). 39 other holders are left out: first-time or late filers, firms that changed their SEC registration, and filings that withheld positions under confidential treatment, any of which would otherwise look like a new position or a sale. Figures are as reported by each manager in the SEC's quarterly 13F data sets; option positions are excluded.

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