COIN β€” COINBASE GLOBAL INC

Ownership history in HAP Trading, LLC  Β·  48 quarters on record

This page tracks every 13F SEC filing in which HAP Trading, LLC reported a position in COINBASE GLOBAL INC (COIN). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
5.92% (2025 Q2)
πŸ“Š Avg. % of fund
0.69%
πŸ“… First filed
2021 Q2
πŸ“… Last filed
2025 Q2
⏱ Quarters held
48

Position Intelligence

HAP Trading, LLC Γ— COIN AI Analytics

πŸ“ˆ HAP Trading, LLC outperformed the S&P 500 by +17.6% annually on this COIN position. Timing score: 47% (22/47 decisions correct). Average cost basis: $192.56. Maximum drawdown during holding period: –86.0%.

πŸ“ˆ Position Alpha vs SPY
+17.6%
annualised excess return

πŸ”₯ Exceptional β€” beat the S&P 500 by 17.6% per year on this position.
47 quarters analyzed

⏱️ Timing Score
47%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
22 of 47 add/trim decisions correct

πŸ’° Entry Quality
$192.56
+82.0% vs current ($350.49)

Best entry: $35.39 (2022 Q4)  Β·  Worst: $350.49 (2025 Q2)

πŸ›‘οΈ Drawdown Resilience
–86.0%
max drawdown while held

πŸ’ͺ Held through 2 major drawdowns (>20%).

πŸ’ͺ Fund Conviction
58%
buy-side decisions

28 adds Β· 20 trims. Bought during 5 of 7 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.99% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    COIN price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q2 REDUCED 29,886 -95,814 -76.2% 0.99% $10.5M $350.49
2025 Q2 REDUCED 125,700 -400,600 -76.1% 0.10% $1.1M $350.49
2025 Q2 ADDED 526,300 +445,400 +550.6% 5.92% $62.5M $350.49
2025 Q1 ADDED 80,900 +26,492 +48.7% 0.18% $1.67B $172.23
2025 Q1 REDUCED 54,408 -384,292 -87.6% 1.00% $9.37B $172.23
2025 Q1 ADDED 438,700 +366,000 +503.4% 1.99% $18.61B $172.23
2024 Q4 ADDED 72,700 +54,394 +297.1% 0.07% $860.4M $248.30
2024 Q4 REDUCED 18,306 -431,694 -95.9% 0.39% $4.55B $248.30
2024 Q4 ADDED 450,000 +388,900 +636.5% 3.41% $39.33B $248.30
2024 Q3 ADDED 61,100 +50,183 +459.7% 0.11% $925.7M $178.17
38 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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