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
↓ -60
Streak
3Q ▼
Buyers last Q
43%

Smart Money Signals — COIN

Based on 1127 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 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 — 85% of 3.0Y peak

85% of all-time peak
1,127 funds currently hold this stock — 85% of the 3.0-year high of 1,319 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 10% fewer funds vs a year ago

fund count last 6Q
123 fewer hedge funds hold COIN compared to a year ago (-10% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 43% buying

508 buying673 selling
Last quarter: 673 funds reduced or exited vs 508 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-31 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 233 → 190 → 155 → 124. 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.
🔒

55% of holders stayed for 2+ years

■ 55% conviction (2yr+) ■ 27% medium ■ 18% new
621 out of 1,127 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 +23%, value -15%

Value
-15%
Shares
+22%
Last quarter: funds added +23% more shares while total portfolio value only changed -15%. 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

387 → 233 → 190 → 155 → 124 new funds/Q
New funds entering each quarter: 233 → 190 → 155 → 124. 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.
🏛️

Veteran-anchored — 61% veterans vs 25% newcomers

■ 61% veterans ■ 14% 1-2yr ■ 25% new
Entry-cohort mix of 1,242 holders: 762 (61%) are 2+ year veterans, 168 entered 1–2 years ago, and 312 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 53% AUM from top-100 funds

53% from top-100 AUM funds
67 of 1113 holders are among the 100 largest funds by AUM, controlling 53% 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 Q2, 508 hedge funds were net buyers of COIN (124 opened a new position, 384 added to an existing one), while 673 reduced or exited (489 trimmed, 184 sold completely) — a 43% buyer ratio, indicating roughly balanced activity. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 53% of total institutional value in COIN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -60 funds (more exits than new entries). Total institutional holders: 1127.

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 Q2 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 June 30, 2026 · 81d ago
COIN
+32.9%
XLF
+4.2%

COIN outperformed XLF by +28.7% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 36d ago
COIN
+30.8%
XLF
-4.0%

Since the filing became public, COIN outperformed XLF by +34.8% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

36 top-rated funds 8 high-conviction
Consensus
6.8
/ 10
breadth
×
Elite
3.5
/ 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 Q2) Prior (2026 Q1) Change
Funds Holding 1101 1187 -7.25%
13F Shares 214M 213M 0.5%
Total Value $31.88B $37.91B -15.91%
New Positions 119 155 -36
Increased Positions 357 487 -130
Closed Positions 191 223 -32
Reduced Positions 451 383 +68
Total Calls 64 67 -4.48%
Total Puts 64 67 -4.48%
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) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
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Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q2)

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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Cria, Inc. 58.04% 491,661 $71.9M
2 Paradigm Operations LP 45.15% 3,185,297 $465.7M
3 Pinegrove Venture Partners, LLC 17.44% 8,832 $1.3M
4 a16z Perennial Management, L.P. 17.42% 1,473,831 $215.5M
5 Bitwise Funds Trust 9.10% 281,497 $41.2M
6 Kemnay Advisory Services Inc. 5.45% 295,121 $43.1M
7 Refined Wealth Management 5.20% 58,894 $8.6M
8 WIM INVESTMENT MANAGEMENT Ltd 4.99% 104,216 $15.2M
9 Militia Capital Management LLC 4.94% 279,700 $48.8M
10 Sjbenen Advisory, LLC 4.49% 50,300 $7.9M
11 Bitwise Funds Trust 3.66% 113,200 $16.5M
12 Paragon Capital Management Ltd 3.04% 109,786 $16.0M
13 Amova Asset Management Americas, Inc. 3.01% 1,596,804 $233.4M
14 Southpoint Capital Advisors LP 2.99% 900,000 $131.6M
15 Three Bridge Wealth Advisors, LLC 2.72% 74,173 $10.8M
16 Ruffer LLP 2.58% 499,000 $72.9M
17 Sloy Dahl & Holst, LLC 2.55% 141,537 $20.7M
18 Woodson Capital Management, LP 2.45% 100,002 $14.6M
19 Ribbit Management Company, LLC 2.45% 343,300 $50.2M
20 ARK Investment Management LLC 2.38% 2,511,319 $367.1M
21 Patient Capital Management, LLC 2.21% 462,016 $67.5M
22 Vienna Asset Management LLC 2.13% 20,865 $3.1M
23 Whetstone Capital Advisors, LLC 1.81% 47,048 $6.9M
24 Consolidated Capital Management, LLC 1.71% 43,904 $6.4M
25 Titan Wealth (CI) Ltd 1.65% 30,448 $4.5M
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 — 3 quarters in a row: For 3 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?

More sellers than buyers — 43% buying: Last quarter: 673 funds reduced or exited vs 508 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for COIN holders?

Elite ownership — 53% AUM from top-100 funds: 67 of 1113 holders are among the 100 largest funds by AUM, controlling 53% 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?

55% of holders stayed for 2+ years: 621 out of 1,127 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 Q2 hedge fund 13F filings?

As of today, COIN has moved +30.8% since the 2026 Q2 13F filing date (August 14, 2026), compared to -4.0% for the XLF sector ETF — an outperformance of +34.8%. Since the quarter end (June 30, 2026), COIN has gained +32.9% vs +4.2% for XLF. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

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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