HUT 8 CORP HUT
COM · Common Stock · CUSIP 44812J104 · ISIN US44812J1043
Cryptocurrency mining company
* 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 ($2.7k this quarter). Holder counts are more reliable. Shares outstanding: 103.9m as of 2025-02-28, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $11.62. Options: 27 managers hold calls ($83.6m notional), 21 hold puts ($42.8m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2023 | 105 |
| Q1 2024 | 100 |
| Q2 2024 | 137 |
| Q3 2024 | 160 |
| Q4 2024 | 204 |
| Q1 2025 | 207 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 62 | 43 |
| Q2 2024 | 89 | 43 |
| Q3 2024 | 87 | 59 |
| Q4 2024 | 118 | 76 |
| Q1 2025 | 119 | 89 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $110.5m | $68.6m | 0.62 |
| Q3 2024 | $71.0m | $45.4m | 0.64 |
| Q4 2024 | $196.4m | $96.7m | 0.49 |
| Q1 2025 | $83.6m | $42.8m | 0.51 |
Biggest buyers
| Qube Research & Technologies Ltd | Added | +1.5m |
| JAT Capital Mgmt LP | Added | +1.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +829.5k |
| M&G PLC | New | +705.3k |
| BIT Capital GmbH | Added | +606.0k |
| Incline Global Management LLC | New | +557.6k |
| VAN ECK ASSOCIATES CORP | Added | +506.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | Added | +471.4k |
| D. E. Shaw & Co., Inc. | Added | +467.1k |
| CITADEL ADVISORS LLC | Added | +333.9k |
Biggest sellers
| Jericho Capital Asset Management L.P. | Sold out | -1.8m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -1.2m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -1.1m |
| MOORE CAPITAL MANAGEMENT, LP | Sold out | -1.1m |
| LONE PINE CAPITAL LLC | Sold out | -692.8k |
| GOLDMAN SACHS GROUP INC | Reduced | -391.0k |
| GROUP ONE TRADING LLC | Reduced | -386.6k |
| Two Seas Capital LP | Reduced | -345.0k |
| UBS Group AG | Reduced | -321.8k |
| JANE STREET GROUP, LLC | Reduced | -303.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $15.5m1.3m shares |
| CITADEL ADVISORS LLC | Reduced | $11.6m997.9k shares |
| GROUP ONE TRADING LLC | Reduced | $9.8m840.4k shares |
| JANE STREET GROUP, LLC | Reduced | $9.5m813.3k shares |
| BIT Capital GmbH | New | $6.3m540.0k shares |
| PEAK6 LLC | Added | $5.5m472.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.9m421.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $4.2m356.8k shares |
| IMC-Chicago, LLC | Added | $3.5m303.6k shares |
| SIG North Trading, ULC | Reduced | $2.1m179.3k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $8.7m745.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.2m707.2k shares |
| SIG North Trading, ULC | Added | $4.0m343.9k shares |
| JANE STREET GROUP, LLC | Added | $3.6m312.2k shares |
| PEAK6 LLC | Added | $3.4m294.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.3m194.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $2.1m182.9k shares |
| GROUP ONE TRADING LLC | Reduced | $1.8m158.4k shares |
| IMC-Chicago, LLC | Added | $1.8m157.5k shares |
| TUDOR INVESTMENT CORP ET AL | New | $1.5m129.2k 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 |
|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.6% |
| LONE PINE CAPITAL LLC 13G · passive investor new · filed 2026-03-06 | 5.6% |
Ho Michael
13D · may seek influence
filed 2026-09-30
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented as follows: The information set forth in Item 6 of this Amendment No. 1 is incorporated by reference into this Item 4. Full filing |
5.1% |
Fell to 5% or below in the last year: SUSQUEHANNA SECURITIES, LLC (2.7%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), JANE STREET GROUP, LLC (2.0%, 2026-02-02)
Insider purchases and sales in Q1 2025
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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 3 | $1.9m | — |
| Q1 2024 | 0 | — | 1 | $361.2k | — |
| Q2 2024 | 0 | — | 1 | $145.9k | — |
| Q3 2024 | 0 | — | 2 | $360.2k | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 7.4m $85.9m | Added +185.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 6.5m $76.1m | Added +87.5k |
| JAT Capital Mgmt LP 10.77% of their portfolio | 2.4m $28.2m | Added +1.4m |
| BIT Capital GmbH 3.39% of their portfolio | 2.4m $28.2m | Added +606.0k |
| STATE STREET CORP 0.00% of their portfolio | 2.4m $27.5m | Added +80.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.3m $26.2m | Added +138.8k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 2.0m $23.3m | Added +1.5m |
| MORGAN STANLEY 0.00% of their portfolio | 2.0m $23.3m | Added +305.1k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 1.8m $20.8m | Added +467.1k |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 1.5m $17.9m | Added +506.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 1.3m $15.0m | Added +829.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.03% of their portfolio | 1.1m $12.8m | Added +471.4k |
| Tidal Investments LLC 0.11% of their portfolio | 1.1m $12.6m | Added +161.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.0m $12.1m | Added +27.5k |
| Invesco Ltd. 0.00% of their portfolio | 943.5k $11.0m | Added +6.9k |
| UBS Group AG 0.00% of their portfolio | 851.4k $9.9m | Reduced -321.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 743.3k $8.6m | Reduced -391.0k |
| M&G PLC 0.04% of their portfolio | 705.3k $8.3m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 688.2k $8.0m | Reduced -29.3k |
| Northern Right Capital Management, L.P. 3.11% of their portfolio | 656.3k $7.6m | Added +201.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 618.9k $7.2m | Reduced -272.9k |
| Incline Global Management LLC 3.99% of their portfolio | 557.6k $6.5m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 493.8k $5.7m | Reduced -273.9k |
| Vident Advisory, LLC 0.08% of their portfolio | 493.5k $5.7m | Reduced -38.1k |
| DENDUR CAPITAL LP 0.65% of their portfolio | 457.0k $5.3m | Added +195.3k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 442.4k $5.1m | Added +333.9k |
| Vennlight Capital Management, LP 10.90% of their portfolio | 442.3k $5.1m | Added +324.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 330.4k $3.8m | Added +23.4k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.33% of their portfolio | 283.3k $3.3m | Added +162.1k |
| Hidden Lake Asset Management LP 3.24% of their portfolio | 282.8k $3.3m | Added +18.1k |
| TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio | 281.6k $3.3m | New |
| Yaupon Capital Management LP 0.23% of their portfolio | 275.0k $3.2m | New |
| Nishkama Capital, LLC 1.32% of their portfolio | 270.1k $3.1m | Reduced -280.0k |
| Edgestream Partners, L.P. 0.10% of their portfolio | 261.8k $3.0m | New |
| GROUP ONE TRADING LLC 0.12% of their portfolio | 252.2k $2.9m | Reduced -386.6k |
| CastleKnight Management LP 0.31% of their portfolio | 245.9k $2.9m | New |
| Trexquant Investment LP 0.03% of their portfolio | 245.3k $2.9m | Reduced -85.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 241.6k $2.8m | Reduced -3.6k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 240.0k $2.8m | Added +95.3k |
| Squarepoint Ops LLC 0.01% of their portfolio | 239.7k $2.8m | Added +215.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 217.6k $2.5m | Added +65.8k |
| Nuveen, LLC 0.00% of their portfolio | 215.8k $2.5m | First filing |
| Paloma Partners Management Co 0.44% of their portfolio | 203.3k $2.4m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 175.9k $2.0m | Added +29.4k |
| Swiss National Bank 0.00% of their portfolio | 163.4k $1.9m | Added +2.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 159.4k $1.9m | Reduced -8.1k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 142.0k $1.7m | Added +95.1k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 138.5k $1.6m | Added +87.0k |
| Two Seas Capital LP 0.24% of their portfolio | 131.8k $1.5m | Reduced -345.0k |
| Galaxy Digital Capital Management GP LLC 2.22% of their portfolio | 125.1k $1.5m | New |
| Hel Ved Capital Management Ltd 0.73% of their portfolio | 124.4k $1.4m | Reduced -68.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 123.1k $1.4m | Added +34.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 122.6k $1.4m | Reduced -5.7k |
| PEAK6 LLC 0.06% of their portfolio | 121.8k $1.4m | New |
| SIG North Trading, ULC 0.25% of their portfolio | 107.4k $1.2m | Added +7.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 103.9k $1.2m | Reduced -219.0k |
| Alight Capital Management LP 0.61% of their portfolio | 100.0k $1.2m | Reduced -10.0k |
| BARCLAYS PLC 0.00% of their portfolio | 99.1k $1.2m | Reduced -40.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 95.0k $1.1m | New |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 94.1k $1.1m | Added +30.8k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 89.2k $1.0m | Added +33.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 86.4k $1.0m | Reduced -61 |
| Verition Fund Management LLC 0.01% of their portfolio | 84.6k $982.8k | Added +9.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 84.5k $982.3k | Added +13.2k |
| Walleye Trading LLC 0.03% of their portfolio | 82.3k $956.6k | Added +13.8k |
| IMC-Chicago, LLC 0.04% of their portfolio | 79.0k $918.5k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 76.6k $889.7k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 70.2k $815.7k | Reduced -2.6k |
| Walleye Capital LLC 0.01% of their portfolio | 68.4k $794.8k | Added +59.3k |
| Weiss Asset Management LP 0.02% of their portfolio | 67.5k $784.1k | Not comparable |
| Arete Wealth Advisors, LLC 0.06% of their portfolio | 67.4k $784.0k | Added +47.7k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 66.2k $769.5k | Added +29.4k |
| CITIGROUP INC 0.00% of their portfolio | 62.8k $730.0k | Reduced -14.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 60.9k $707.9k | Added +8.4k |
| Cresset Asset Management, LLC 0.00% of their portfolio | 59.6k $692.4k | New |
| SIMPLEX TRADING, LLC 0.02% of their portfolio | 56.2k $653.0k | New |
| WOLVERINE TRADING, LLC 0.02% of their portfolio | 53.8k $630.0k | Reduced -21.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 51.8k $602.3k | Added +18.0k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.01% of their portfolio | 51.6k $600.9k | Added +37.1k |
| KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 0.15% of their portfolio | 51.2k $595.3k | Reduced -22.1k |
| Foundations Investment Advisors, LLC 0.01% of their portfolio | 51.0k $592.1k | Added +264 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 48.9k $569.0k | Added +4.9k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 48.9k $568.1k | Reduced -742 |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 48.8k $566.5k | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 47.0k $546.2k | Reduced -12.9k |
| Graham Capital Management, L.P. 0.02% of their portfolio | 46.4k $539.4k | New |
| RR Advisors, LLC 0.12% of their portfolio | 45.0k $518.0k | New |
| AM INVESTMENT STRATEGIES LLC 0.12% of their portfolio | 44.0k $511.0k | Unchanged |
| Main Management ETF Advisors, LLC 0.02% of their portfolio | 44.0k $511.0k | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 43.5k $505.4k | Added +19.1k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 43.3k $503.5k | Added +604 |
| Ninepoint Partners LP 0.09% of their portfolio | 42.8k $497.3k | Reduced -32.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 41.9k $487.2k | Reduced -303.4k |
| SG Americas Securities, LLC 0.00% of their portfolio | 40.6k $472.0k | Added +33.6k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 40.0k $469.0k | Unchanged |
| Corebridge Financial, Inc. 0.00% of their portfolio | 39.7k $461.2k | Reduced -588 |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 34.7k $403.3k | New |
| Clearline Capital LP 0.04% of their portfolio | 33.2k $385.8k | New |
| LPL Financial LLC 0.00% of their portfolio | 32.9k $382.7k | Reduced -8.1k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 31.0k $360.2k | New |