Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Hut 8 Corp (HUT)

334 + Investors. Track Smart Money conviction in HUT. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +22
Streak
3Q ▲
Buyers last Q
56%

Smart Money Signals — HUT

Based on 337 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added HUT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
337 hedge funds hold HUT right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +62% more funds vs a year ago

fund count last 6Q
+129 new funds entered over the past year (+62% 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 — 56% buying

217 buying171 selling
Last quarter: 217 funds bought or added vs 171 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 (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 40 → 102 → 100 → 89. 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.
🔄

Mostly new holders — 47% entered in last year

■ 18% conviction (2yr+) ■ 35% medium ■ 47% new
Only 60 funds (18%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares -7%, value -43%

Value
-42%
Shares
-6%
Last quarter: funds added -7% more shares while total portfolio value only changed -43%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

47 → 40 → 102 → 100 → 89 new funds/Q
New funds entering each quarter: 40 → 102 → 100 → 89. A growing number of institutions are discovering HUT each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊

Mixed cohorts — 21% veterans, 51% new entrants

■ 21% veterans ■ 28% 1-2yr ■ 51% new
Of 368 current holders: 76 (21%) held 2+ years, 103 held 1–2 years, 189 (51%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 29% AUM from major funds

29% from top-100 AUM funds
46 of 326 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.1
out of 10
Moderate Exit Risk
Exit risk score 5.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — HUT

In 2026 Q1, 217 hedge funds were net buyers of HUT (89 opened a new position, 128 added to an existing one), while 171 reduced or exited (104 trimmed, 67 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 29% of total institutional value in HUT is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +22 funds (more new holders than closures). Total institutional holders: 337.

Hedge Fund Ownership: HUT

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

Market Analysis: HUT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HUT

-- --

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

Is It Too Late to Buy Hut 8 Corp (HUT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HUT 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 · 79d ago
HUT
+163.6%
XLF
+9.5%

HUT outperformed XLF by +154.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
HUT
+20.7%
XLF
+5.8%

Since the filing became public, HUT outperformed XLF by +14.9% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

27 top-rated funds 7 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: HUT
334 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 334 315 6.03%
13F Shares 100M 107M -6.9%
Total Value $4.54B $7.92B -42.69%
New Positions 87 100 -13
Increased Positions 116 101 +15
Closed Positions 68 55 +13
Reduced Positions 100 87 +13
Total Calls 24 31 -22.58%
Total Puts 18 22 -18.18%
PUT/CALL Ratio 0.75 0.71 Neutral

Statistics: HUT

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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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
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

334 + investors

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

QUARTER:
Top 25 HUT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Newbrook Capital Advisors LP 9.10% 1,086,251 $51.0M
2 Steadview Capital Management LLC 8.95% 432,480 $20.3M
3 Oasis Management Co Ltd. 6.85% 2,507,683 $117.6M
4 Dayah Capital LLC 5.80% 217,920 $10.2M
5 BIT Capital GmbH 4.28% 1,890,159 $88.7M
6 Beartown Capital Management, LLC 4.05% 180,000 $8.4M
7 Thames Capital Management LLC 3.58% 425,337 $20.0M
8 Galaxy Digital Capital Management GP LLC 3.52% 70,940 $3.3M
9 Vennlight Capital Management, LP 3.27% 69,001 $3.2M
10 Northern Right Capital Management, L.P. 3.01% 180,269 $8.5M
11 Dendur Capital LP 2.99% 869,420 $40.8M
12 Engle Capital Management, L.P. 2.39% 149,800 $7.0M
13 Azora Capital LP 2.36% 764,573 $35.9M
14 Lone Pine Capital LLC 2.27% 6,078,951 $285.2M
15 Third Point LLC 1.96% 869,563 $40.8M
16 Alight Capital Management LP 1.69% 150,000 $7.0M
17 Intrinsic Edge Capital Management LLC 1.56% 200,000 $9.4M
18 Stenham Asset Management Ltd 1.54% 67,550 $3.2M
19 SRS Investment Management, LLC 1.53% 3,084,905 $144.7M
20 Feynman Point Asset Management LLC 1.45% 25,000 $1.2M
21 Yaupon Capital Management LP 1.33% 906,316 $42.5M
22 Savior LLC 1.18% 7,075 $332K
23 Scoggin Management LP 1.13% 250,000 $11.7M
24 Moody Aldrich Partners LLC 1.12% 132,584 $6.2M
25 Tactive Advisors, LLC 0.97% 73,281 $3.4M
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 — Hut 8 Corp (HUT)

What does the Smart Money Trend signal show for HUT?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added HUT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for HUT?

Slight buying edge — 56% buying: Last quarter: 217 funds bought or added vs 171 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 HUT holders?

Strong quality — 29% AUM from major funds: 46 of 326 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held HUT?

Mostly new holders — 47% entered in last year: Only 60 funds (18%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Hut 8 Corp (HUT) following the 2026 Q1 hedge fund 13F filings?

As of today, HUT has moved +20.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of +14.9%. Since the quarter end (March 31, 2026), HUT has gained +163.6% vs +9.5% for XLF. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to 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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