COINBASE GLOBAL INC COIN
COM CL A · Common Stock · CUSIP 19260Q107 · ISIN US19260Q1076
American company that operates a cryptocurrency exchange platform
- SectorFinancials
- IndustryFinance Services
- HeadquartersNew York, NY
- Founded2012
- Websitecoinbase.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($646.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $222.23. Options: 55 managers hold calls ($5.8bn notional), 46 hold puts ($4.1bn).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 619 |
| Q4 2022 | 569 |
| Q1 2023 | 617 |
| Q2 2023 | 623 |
| Q3 2023 | 612 |
| Q4 2023 | 828 |
| Q1 2024 | 925 |
| Q2 2024 | 917 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 228 | 323 |
| Q1 2023 | 280 | 243 |
| Q2 2023 | 284 | 218 |
| Q3 2023 | 249 | 263 |
| Q4 2023 | 421 | 256 |
| Q1 2024 | 473 | 400 |
| Q2 2024 | 481 | 375 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.6bn | $1.9bn | 1.16 |
| Q4 2023 | $5.1bn | $7.3bn | 1.43 |
| Q1 2024 | $7.5bn | $5.4bn | 0.72 |
| Q2 2024 | $5.8bn | $4.1bn | 0.70 |
Biggest buyers
| a16z Perennial Management, L.P. | Added | +1.8m |
| BlackRock Inc. | Added | +1.8m |
| JANE STREET GROUP, LLC | Added | +1.4m |
| JPMORGAN CHASE & CO | Added | +898.0k |
| FMR LLC | Added | +805.5k |
| VANGUARD GROUP INC | Added | +750.8k |
| Clear Street Derivatives LLC | Added | +735.1k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +691.3k |
| Quadrature Capital Ltd | New | +456.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +454.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -7.5m |
| ARK Investment Management LLC | Reduced | -862.3k |
| NATIXIS | Reduced | -685.3k |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -496.9k |
| APEIRON CAPITAL Ltd | Sold out | -409.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -405.4k |
| SG Americas Securities, LLC | Reduced | -398.3k |
| IEQ CAPITAL, LLC | Reduced | -375.7k |
| Mirae Asset Global Investments Co., Ltd. | Reduced | -356.9k |
| Amova Asset Management Americas, Inc. | Reduced | -328.3k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $1.3bn5.7m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.2bn5.5m shares |
| CITADEL ADVISORS LLC | Added | $1.1bn4.9m shares |
| IMC-Chicago, LLC | Reduced | $529.3m2.4m shares |
| Walleye Trading LLC | Reduced | $235.2m1.1m shares |
| WOLVERINE TRADING, LLC | Reduced | $224.5m1.0m shares |
| SIMPLEX TRADING, LLC | Reduced | $195.9m881.3k shares |
| CTC LLC | Reduced | $140.6m6.3k shares |
| CITIGROUP INC | Added | $134.4m605.0k shares |
| GROUP ONE TRADING LLC | Added | $122.7m552.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.1bn4.8m shares |
| CITADEL ADVISORS LLC | Reduced | $664.6m3.0m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $259.3m1.2m shares |
| a16z Perennial Management, L.P. | New | $251.6m1.1m shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $205.8m926.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $182.3m820.1k shares |
| CTC LLC | Reduced | $176.1m7.9k shares |
| Twin Tree Management, LP | Added | $154.4m695.0k shares |
| TWO SIGMA INVESTMENTS, LP | Added | $144.9m652.0k shares |
| NATIXIS | Added | $144.5m650.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Armstrong Brian 13G · exempt (held before listing) filed 2025-02-14 | 13.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.3% |
| BlackRock, Inc. 13G · institution filed 2025-07-16 | 6.9% |
Fell to 5% or below in the last year: SUSQUEHANNA SECURITIES, LLC (4.2%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 1 | $2.9m | 1 | $595.5k | — |
| Q4 2022 | 2 | $4.9m | 4 | $15.9m | — |
| Q1 2023 | 1 | $2.2m | 5 | $25.2m | $4.3m |
| Q2 2023 | 1 | $50.0m | 5 | $16.7m | $16.7m |
| Q3 2023 | 0 | — | 5 | $24.2m | $24.0m |
| Q4 2023 | 0 | — | 9 | $164.7m | $164.7m |
| Q1 2024 | 0 | — | 10 | $433.3m | $433.3m |
| Q2 2024 | 0 | — | 9 | $136.1m | $126.3m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-28 | Choi Emilie PRESIDENT & COO | Sold plan | $335.9k1.5k shares |
| 2024-06-25 | Grewal Paul Chief Legal Officer | Sold plan | $2.2m10.0k shares |
| 2024-06-17 | HAAS ALESIA J Chief Financial Officer | Sold plan | $1.0m4.3k shares |
| 2024-06-14 | Choi Emilie President & COO | Sold plan | $369.2k1.5k shares |
| 2024-06-10 | Armstrong Brian +1 Chairman and CEO, director · By The Brian Armstrong Living Trust | Sold plan | $5.7m23.1k shares |
| 2024-06-05 | WILSON FREDERICK R Director · By the Fred and Joanne Wilson 2012 Delaware Trust | Sold plan | $20.1m80.5k shares |
| 2024-06-05 | Brock Lawrence J Chief People Officer | Sold plan | $1.2m4.6k shares |
| 2024-06-05 | Jones Jennifer N. Chief Accounting Officer | Sold plan | $131.0k526 shares |
| 2024-06-03 | Armstrong Brian +1 Chairman and CEO, director · By The Brian Armstrong Living Trust | Sold plan | $5.3m23.1k shares |
| 2024-06-03 | Choi Emilie President & COO | Sold plan | $1.8m8.0k shares |
| 2024-06-03 | Jones Jennifer N. Chief Accounting Officer | Sold | $104.7k450 shares |
| 2024-05-31 | Choi Emilie President & COO | Sold plan | $358.6k1.5k shares |
| 2024-05-28 | Grewal Paul Chief Legal Officer | Sold plan | $4.2m17.4k shares |
| 2024-05-28 | WILSON FREDERICK R Director · By the Fred and Joanne Wilson 2012 Delaware Trust | Sold plan | $3.6m15.0k shares |
| 2024-05-23 | Brock Lawrence J Chief People Officer | Sold plan | $3.7m16.5k shares |
| 2024-05-20 | Brock Lawrence J Chief People Officer | Sold | $3.0m14.2k shares |
| 2024-05-20 | Choi Emilie President & COO | Sold | $2.8m13.2k shares |
| 2024-05-20 | Grewal Paul Chief Legal Officer | Sold | $2.4m11.4k shares |
| 2024-05-20 | HAAS ALESIA J Chief Financial Officer | Sold | $824.8k3.9k shares |
| 2024-05-20 | Jones Jennifer N. Chief Accounting Officer | Sold | $622.0k2.9k shares |
| 2024-05-16 | Rajaram Gokul Director | Sold plan | $246.0k1.1k shares |
| 2024-05-15 | HAAS ALESIA J Chief Financial Officer | Sold plan | $1.1m5.0k shares |
| 2024-05-14 | Ehrsam Frederick Ernest III Director · By The Frederick Ernest Ehrsam III Living Trust | Sold plan | $23.1m114.2k shares |
| 2024-05-14 | Choi Emilie President & COO | Sold plan | $293.9k1.5k shares |
| 2024-05-13 | Armstrong Brian +1 Chairman and CEO, director · By The Brian Armstrong Living Trust | Sold plan | $4.7m23.1k shares |
| 2024-05-08 | Ehrsam Frederick Ernest III Director · By The Frederick Ernest Ehrsam III Living Trust | Sold plan | $3.5m16.4k shares |
| 2024-05-03 | Armstrong Brian +1 Chairman and CEO, director · By The Brian Armstrong Living Trust | Sold plan | $5.2m23.1k shares |
| 2024-05-01 | Ehrsam Frederick Ernest III Director · By The Frederick Ernest Ehrsam III Living Trust | Sold plan | $3.4m16.4k shares |
| 2024-05-01 | Choi Emilie President & COO | Sold plan | $1.7m8.0k shares |
| 2024-04-30 | Choi Emilie President & COO | Sold plan | $322.5k1.5k shares |
The latest 30 of 43 trades.
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 17.7m $3.9bn | Added +750.8k |
| FMR LLC 0.16% of their portfolio | 11.0m $2.5bn | Added +805.5k |
| BlackRock Inc. 0.06% of their portfolio | 11.0m $2.4bn | Added +1.8m |
| Paradigm Operations LP 100.00% of their portfolio | 4.5m $1.0bn | Unchanged |
| STATE STREET CORP 0.04% of their portfolio | 4.1m $920.7m | Added +347.3k |
| a16z Perennial Management, L.P. 44.36% of their portfolio | 3.7m $827.8m | Added +1.8m |
| ARK Investment Management LLC 7.02% of their portfolio | 3.6m $790.9m | Reduced -862.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.51% of their portfolio | 3.1m $695.5m | Reduced -298.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 3.1m $690.8m | Added +289.0k |
| JANE STREET GROUP, LLC 0.73% of their portfolio | 3.0m $676.0m | Added +1.4m |
| Amova Asset Management Americas, Inc. 6.90% of their portfolio | 2.7m $597.5m | Reduced -328.3k |
| MORGAN STANLEY 0.04% of their portfolio | 2.5m $555.1m | Reduced -7.5m |
| NORGES BANK 0.07% of their portfolio | 2.1m $463.7m | Added +108.4k |
| Clear Street Derivatives LLC 6.92% of their portfolio | 2.0m $447.2m | Added +735.1k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 1.8m $407.8m | Added +898.0k |
| COWEN AND COMPANY, LLC 9.16% of their portfolio | 1.5m $330.9m | Reduced -52.9k |
| Sozo Ventures GP II, L.P. 99.03% of their portfolio | 1.1m $241.1m | Unchanged |
| Multicoin Capital Management, LLC 77.03% of their portfolio | 1.1m $237.3m | Added +248.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.40% of their portfolio | 1.1m $236.3m | Added +691.3k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 1.0m $225.8m | Added +91.3k |
| DEUTSCHE BANK AG\ 0.10% of their portfolio | 992.2k $220.5m | Added +404.8k |
| Legal & General Group Plc 0.06% of their portfolio | 944.2k $209.8m | Added +149.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.34% of their portfolio | 877.4k $195.0m | Added +454.8k |
| LORD, ABBETT & CO. LLC 0.32% of their portfolio | 874.2k $194.3m | Added +19.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 866.2k $192.5m | Added +14.3k |
| TWO SIGMA ADVISERS, LP 0.40% of their portfolio | 809.4k $179.9m | Added +445.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.05% of their portfolio | 761.1k $169.1m | Added +194.1k |
| CAPITAL FUND MANAGEMENT S.A. 1.73% of their portfolio | 684.4k $152.1m | Added +405.3k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 1.60% of their portfolio | 684.2k $152.4m | Added +16.0k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 641.5k $142.6m | Added +70.0k |
| NATIONAL BANK OF CANADA /FI/ 0.22% of their portfolio | 617.6k $144.1m | Added +145.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 569.2k $126.5m | Reduced -405.4k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 518.3k $115.2m | Added +68.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 476.9k $106.0m | Added +86.2k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 474.2k $105.4m | Added +435.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.38% of their portfolio | 466.0k $103.6m | Reduced -135.6k |
| Quadrature Capital Ltd 1.70% of their portfolio | 456.4k $101.4m | New |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 442.0k $98.2m | Added +84.6k |
| Invesco Ltd. 0.02% of their portfolio | 418.9k $93.1m | Reduced -55.5k |
| SVB FINANCIAL GROUP 64.87% of their portfolio | 415.8k $92.4m | Unchanged |
| Squarepoint Ops LLC 0.34% of their portfolio | 415.5k $92.3m | Added +195.7k |
| Ribbit Management Company, LLC 5.82% of their portfolio | 376.4k $83.7m | Unchanged |
| Allen Investment Management, LLC 0.97% of their portfolio | 358.3k $79.6m | Added +40.3k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 352.6k $78.4m | Reduced -40.0k |
| NATIXIS 0.48% of their portfolio | 345.1k $76.7m | Reduced -685.3k |
| California Public Employees Retirement System 0.06% of their portfolio | 338.0k $75.1m | Added +34.4k |
| IDG Technology Venture Investment IV, LLC 100.00% of their portfolio | 332.9k $74.0m | Unchanged |
| DGS Capital Management, LLC 20.46% of their portfolio | 327.9k $72.9m | Reduced -57 |
| BARCLAYS PLC 0.03% of their portfolio | 319.3k $71.0m | Reduced -20.8k |
| Compound Planning, Inc. 5.23% of their portfolio | 317.9k $70.6m | Reduced -6.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.30% of their portfolio | 316.5k $70.3m | Added +51.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio | 312.0k $69.3m | Added +120.6k |
| NOMURA HOLDINGS INC 0.44% of their portfolio | 312.0k $69.3m | Added +186.2k |
| CULLINAN ASSOCIATES INC 3.78% of their portfolio | 300.6k $66.8m | Reduced -1.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.08% of their portfolio | 300.5k $66.8m | Added +24.0k |
| Parcion Private Wealth LLC 6.03% of their portfolio | 296.7k $65.9m | Unchanged |
| GROUP ONE TRADING LLC 1.99% of their portfolio | 284.2k $63.2m | Added +50.6k |
| TWO SIGMA INVESTMENTS, LP 0.15% of their portfolio | 279.3k $62.1m | Added +182.9k |
| Kemnay Advisory Services Inc. 12.63% of their portfolio | 273.4k $60.8m | Unchanged |
| Qube Research & Technologies Ltd 0.11% of their portfolio | 273.1k $60.7m | New |
| UBS Group AG 0.02% of their portfolio | 273.0k $60.7m | Added +155.8k |
| IEQ CAPITAL, LLC 0.77% of their portfolio | 257.8k $57.3m | Reduced -375.7k |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 256.6k $57.0m | Added +53.2k |
| EAGLE ASSET MANAGEMENT INC 0.32% of their portfolio | 256.3k $59.8m | New |
| Man Group plc 0.14% of their portfolio | 244.6k $54.4m | Reduced -138.0k |
| National Pension Service 0.06% of their portfolio | 229.8k $51.1m | Reduced -24.0k |
| Paragon Capital Management Ltd 9.11% of their portfolio | 223.4k $49.6m | Reduced -8.3k |
| Contrarius Investment Management Ltd 3.06% of their portfolio | 220.0k $48.9m | Reduced -8.1k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 218.4k $48.5m | Reduced -55.7k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 203.7k $45.0m | Added +123.5k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.22% of their portfolio | 203.3k $45.2m | New |
| WOLVERINE TRADING, LLC 0.72% of their portfolio | 197.7k $43.9m | Added +108.0k |
| Tidal Investments LLC 0.60% of their portfolio | 195.3k $43.4m | Added +48.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.08% of their portfolio | 191.8k $42.6m | Added +3.5k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 190.8k $42.4m | Reduced -201.6k |
| Amundi 0.02% of their portfolio | 188.1k $42.3m | Added +16.0k |
| Patient Capital Management, LLC 2.11% of their portfolio | 179.2k $39.8m | Reduced -38.7k |
| SpiderRock Advisors, LLC 1.01% of their portfolio | 172.6k $38.4m | Added +6.3k |
| OSAIC HOLDINGS, INC. 0.09% of their portfolio | 169.7k $37.7m | Reduced -38.3k |
| IMC-Chicago, LLC 1.21% of their portfolio | 169.3k $37.6m | Added +122.8k |
| CITIGROUP INC 0.03% of their portfolio | 163.9k $36.4m | Added +54.0k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 162.5k $36.1m | Added +143.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.08% of their portfolio | 150.4k $33.4m | First filing |
| Hel Ved Capital Management Ltd 10.64% of their portfolio | 138.0k $30.7m | Reduced -56.8k |
| TORONTO DOMINION BANK 0.05% of their portfolio | 137.5k $30.6m | Added +117.0k |
| Twin Tree Management, LP 0.90% of their portfolio | 137.2k $30.5m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 137.1k $30.5m | Added +16.0k |
| Banco Santander, S.A. 0.36% of their portfolio | 132.2k $29.4m | New |
| Three Bridge Wealth Advisors, LLC 10.96% of their portfolio | 124.4k $27.6m | Added +52 |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 121.5k $27.0m | Added +108.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 115.7k $25.7m | Added +18.5k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.23% of their portfolio | 115.7k $25.7m | Added +25.6k |
| LPL Financial LLC 0.01% of their portfolio | 112.6k $25.0m | Added +11.2k |
| TD Asset Management Inc 0.02% of their portfolio | 111.6k $24.8m | Reduced -61.0k |
| STOREBRAND ASSET MANAGEMENT AS 0.08% of their portfolio | 108.4k $24.1m | Added +23.8k |
| INTECH INVESTMENT MANAGEMENT LLC 0.30% of their portfolio | 107.4k $23.9m | Added +66.8k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 105.5k $23.4m | Added +2.4k |
| TWINBEECH CAPITAL LP 0.45% of their portfolio | 103.5k $23.0m | New |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 103.2k $22.9m | Added +85.9k |
| Azora Capital LP 1.30% of their portfolio | 102.8k $22.8m | Added +76.0k |