Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Coinbase Global Inc (COIN)

1K + Investors. Track Smart Money conviction in COIN. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -71
Streak
2Q ▼
Buyers last Q
52%

Smart Money Signals — COIN

Based on 1183 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their COIN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 90% of 3.0Y peak

90% of all-time peak
1,183 funds currently hold this stock — 90% of the 3.0-year high of 1,316 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +21% more funds vs a year ago

fund count last 6Q
+205 new funds entered over the past year (+21% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 52% buying

680 buying635 selling
Last quarter: 680 funds bought or added vs 635 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-36 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 385 → 232 → 189 → 153. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

51% of holders stayed for 2+ years

■ 51% conviction (2yr+) ■ 29% medium ■ 21% new
600 out of 1,183 hedge funds have held COIN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -6%, value -29%

Value
-29%
Shares
-6%
Last quarter: funds added -6% more shares while total portfolio value only changed -29%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

166 → 385 → 232 → 189 → 153 new funds/Q
New funds entering each quarter: 385 → 232 → 189 → 153. COIN is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 57% of holders stayed 2+ years

■ 57% veterans ■ 15% 1-2yr ■ 28% new
Of 1,298 current holders: 737 (57%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 54% AUM from top-100 funds

54% from top-100 AUM funds
61 of 1183 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in COIN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — COIN

In 2026 Q1, 680 hedge funds were net buyers of COIN (153 opened a new position, 527 added to an existing one), while 635 reduced or exited (411 trimmed, 224 sold completely) — a 52% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 54% of total institutional value in COIN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -71 funds (more exits than new entries). Total institutional holders: 1183.

Hedge Fund Ownership: COIN

How many hedge funds hold COIN — quarterly history vs. share price
Quarterly hedge fund ownership of COIN vs. share price

Market Analysis: COIN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: COIN

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Coinbase Global Inc (COIN) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much COIN has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 73d ago
COIN
-8.1%
XLF
+6.6%

COIN outperformed XLF by -14.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 28d ago
COIN
-17.9%
XLF
+3.0%

Since the filing became public, COIN outperformed XLF by -20.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

74 top-rated funds 17 high-conviction
Consensus
8.1
/ 10
breadth
×
Elite
5.1
/ 10
conviction
Hedge Fund Positioning: COIN
1K + Investors

Track Smart Money conviction in COIN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1175 1254 -6.3%
13F Shares 210M 225M -6.67%
Total Value $36.26B $53.09B -31.7%
New Positions 152 189 -37
Increased Positions 483 505 -22
Closed Positions 231 251 -20
Reduced Positions 380 412 -32
Total Calls 66 76 -13.16%
Total Puts 66 76 -13.16%
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: COIN

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Diluted EPS (ttm) --
Total Cash (mrq) --
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Institutional Holders (2026 Q1)

1K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in COIN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 COIN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Pinegrove Venture Partners, LLC 74.41% 8,832 $1.5M
2 Paradigm Operations LP 65.69% 3,589,428 $626.8M
3 Cria, Inc. 62.33% 491,661 $85.8M
4 a16z Perennial Management, L.P. 21.33% 1,470,995 $256.9M
5 Ruffer LLP 10.29% 1,435,990 $251.5M
6 Sjbenen Advisory, LLC 8.29% 56,900 $9.9M
7 Kemnay Advisory Services Inc. 8.28% 295,187 $51.5M
8 Ribbit Management Company, LLC 7.66% 737,300 $128.7M
9 Refined Wealth Management 6.52% 59,151 $10.3M
10 Step Capital Management Pte. Ltd. 6.37% 90,800 $15.9M
11 CTC Alternative Strategies, Ltd. 6.12% 15,423 $2.7M
12 DGS Capital Management, LLC 5.74% 200,306 $35.0M
13 Hunting Hill Global Capital, LLC 5.67% 41,922 $7.3M
14 BLKBRD Asset Management, LP 5.63% 12,338 $2.2M
15 WIM INVESTMENT MANAGEMENT Ltd 5.39% 104,216 $18.2M
16 Paragon Capital Management Ltd 4.03% 109,786 $19.2M
17 Amova Asset Management Americas, Inc. 3.92% 1,589,152 $277.4M
18 Three Bridge Wealth Advisors, LLC 3.56% 74,173 $13.0M
19 ARK Investment Management LLC 3.22% 2,372,884 $414.3M
20 Sloy Dahl & Holst, LLC 3.08% 128,591 $22.5M
21 Privium Fund Management B.V. 2.87% 79,000 $13.8M
22 Patient Capital Management, LLC 2.75% 430,405 $75.2M
23 Consolidated Capital Management, LLC 2.43% 43,075 $7.5M
24 Vienna Asset Management LLC 2.29% 16,862 $2.9M
25 Parcion Private Wealth LLC 2.17% 200,508 $35.0M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Coinbase Global Inc (COIN)

What does the Smart Money Trend signal show for COIN?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their COIN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for COIN?

Slight buying edge — 52% buying: Last quarter: 680 funds bought or added vs 635 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for COIN holders?

Elite ownership — 54% AUM from top-100 funds: 61 of 1183 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in COIN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held COIN?

51% of holders stayed for 2+ years: 600 out of 1,183 hedge funds have held COIN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Coinbase Global Inc (COIN) following the 2026 Q1 hedge fund 13F filings?

As of today, COIN has moved -17.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.0% for the XLF sector ETF — an outperformance of -20.9%. Since the quarter end (March 31, 2026), COIN has gained -8.1% vs +6.6% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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