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 ($396.8k this quarter). Holder counts are more reliable. Shares outstanding: 105.5m as of 2025-08-06, 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 ≈ $18.60. Options: 29 managers hold calls ($199.6m notional), 21 hold puts ($132.0m).
Trends to Q2 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 |
| Q2 2025 | 202 |
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 |
| Q2 2025 | 119 | 89 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $71.0m | $45.4m | 0.64 |
| Q4 2024 | $196.4m | $96.7m | 0.49 |
| Q1 2025 | $83.6m | $42.8m | 0.51 |
| Q2 2025 | $199.6m | $132.0m | 0.66 |
Biggest buyers
| AMERIPRISE FINANCIAL INC | Added | +2.3m |
| VANGUARD GROUP INC | Added | +1.0m |
| Value Aligned Research Advisors, LLC | New | +927.0k |
| BlackRock, Inc. | Added | +656.4k |
| MILLENNIUM MANAGEMENT LLC | Added | +533.4k |
| ARDSLEY ADVISORY PARTNERS LP | New | +525.0k |
| MOORE CAPITAL MANAGEMENT, LP | New | +492.4k |
| BIT Capital GmbH | Added | +457.0k |
| Nuveen, LLC | Added | +451.9k |
| Tidal Investments LLC | Added | +447.0k |
Biggest sellers
| JAT Capital Mgmt LP | Reduced | -2.3m |
| Qube Research & Technologies Ltd | Sold out | -2.0m |
| M&G PLC | Sold out | -705.3k |
| D. E. Shaw & Co., Inc. | Reduced | -673.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -638.7k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -303.7k |
| Hidden Lake Asset Management LP | Sold out | -282.8k |
| Yaupon Capital Management LP | Sold out | -275.0k |
| Nishkama Capital, LLC | Sold out | -270.1k |
| Trexquant Investment LP | Sold out | -245.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $54.0m2.9m shares |
| CITADEL ADVISORS LLC | Added | $24.6m1.3m shares |
| GROUP ONE TRADING LLC | Added | $16.6m890.2k shares |
| PEAK6 LLC | Added | $16.4m882.4k shares |
| JANE STREET GROUP, LLC | Reduced | $15.0m802.8k shares |
| SIMPLEX TRADING, LLC | Added | $12.7m683.4k shares |
| WOLVERINE TRADING, LLC | Added | $8.8m497.1k shares |
| IMC-Chicago, LLC | Added | $7.0m376.0k shares |
| SIG North Trading, ULC | Added | $4.8m255.4k shares |
| DeepCurrents Investment Group LLC | New | $4.7m2.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $40.3m2.2m shares |
| CITADEL ADVISORS LLC | Added | $22.8m1.2m shares |
| JANE STREET GROUP, LLC | Added | $19.7m1.1m shares |
| SIMPLEX TRADING, LLC | Added | $9.1m486.6k shares |
| PEAK6 LLC | Added | $8.2m441.8k shares |
| GROUP ONE TRADING LLC | Added | $7.6m409.9k shares |
| IMC-Chicago, LLC | Added | $4.1m220.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $4.0m212.6k shares |
| Walleye Trading LLC | Added | $3.7m199.5k shares |
| Walleye Capital LLC | Added | $3.4m181.9k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2025 | 0 | — | 2 | $321.7k | $321.7k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-23 | Flinn Joseph Director | Sold plan | $174.6k11.1k shares |
| 2025-05-05 | Semah Victor Chief Legal Officer | Sold plan | $147.2k11.4k shares |
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 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 8.0m $149.7m | Added +656.4k |
| VANGUARD GROUP INC 0.00% of their portfolio | 7.6m $141.1m | Added +1.0m |
| BIT Capital GmbH 3.49% of their portfolio | 2.9m $53.6m | Added +457.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.6m $47.7m | Added +309.1k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 2.5m $46.3m | Added +2.3m |
| STATE STREET CORP 0.00% of their portfolio | 2.4m $44.5m | Added +29.9k |
| MORGAN STANLEY 0.00% of their portfolio | 2.0m $38.1m | Added +46.8k |
| VAN ECK ASSOCIATES CORP 0.03% of their portfolio | 1.6m $30.6m | Added +100.1k |
| Tidal Investments LLC 0.19% of their portfolio | 1.5m $28.4m | Added +447.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.1m $21.3m | Added +105.6k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 1.1m $20.8m | Reduced -673.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% of their portfolio | 1.1m $19.9m | Reduced -35.5k |
| Invesco Ltd. 0.00% of their portfolio | 1.1m $19.9m | Added +124.4k |
| Northern Right Capital Management, L.P. 6.19% of their portfolio | 971.9k $18.1m | Added +315.5k |
| UBS Group AG 0.00% of their portfolio | 930.5k $17.3m | Added +79.1k |
| Value Aligned Research Advisors, LLC 0.77% of their portfolio | 927.0k $17.2m | New |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 863.8k $16.1m | Added +533.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 768.3k $14.3m | Added +80.1k |
| Incline Global Management LLC 5.47% of their portfolio | 748.4k $13.9m | Added +190.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 738.8k $13.7m | Reduced -4.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 670.4k $12.5m | Added +176.5k |
| Nuveen, LLC 0.00% of their portfolio | 667.7k $12.4m | Added +451.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 648.5k $12.1m | Reduced -638.7k |
| ARDSLEY ADVISORY PARTNERS LP 1.60% of their portfolio | 525.0k $9.8m | New |
| Vident Advisory, LLC 0.10% of their portfolio | 501.1k $9.3m | Added +7.6k |
| MOORE CAPITAL MANAGEMENT, LP 0.18% of their portfolio | 492.4k $9.2m | New |
| Vennlight Capital Management, LP 9.49% of their portfolio | 465.0k $8.6m | Added +22.7k |
| DENDUR CAPITAL LP 0.81% of their portfolio | 457.0k $8.5m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 454.0k $8.4m | Added +350.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 398.2k $7.4m | Added +356.3k |
| CastleKnight Management LP 0.41% of their portfolio | 333.4k $6.2m | Added +87.5k |
| GROUP ONE TRADING LLC 0.20% of their portfolio | 328.1k $6.1m | Added +75.9k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.90% of their portfolio | 320.0k $6.0m | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 315.2k $5.9m | Reduced -303.7k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 308.0k $5.7m | New |
| Oasis Management Co Ltd. 1.34% of their portfolio | 307.8k $5.7m | New |
| Edgestream Partners, L.P. 0.15% of their portfolio | 294.6k $5.5m | Added +32.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 292.3k $5.4m | Added +50.7k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 283.9k $5.3m | Reduced -158.5k |
| Alight Capital Management LP 1.18% of their portfolio | 250.0k $4.7m | Added +150.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 237.3k $4.4m | Added +77.9k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 214.9k $4.0m | Reduced -25.1k |
| BARCLAYS PLC 0.00% of their portfolio | 200.0k $3.7m | Added +100.9k |
| Zweig-DiMenna Associates LLC 0.38% of their portfolio | 198.3k $3.7m | New |
| Swiss National Bank 0.00% of their portfolio | 188.1k $3.5m | Added +24.7k |
| Metavasi Capital LP 1.45% of their portfolio | 175.0k $3.3m | New |
| Clearline Capital LP 0.28% of their portfolio | 171.4k $3.2m | Added +138.2k |
| Aquatic Capital Management LLC 0.06% of their portfolio | 167.3k $3.1m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 150.1k $2.8m | Added +145.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 146.4k $2.7m | Added +23.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 142.2k $2.6m | Reduced -33.7k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 138.8k $2.6m | Reduced -142.8k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 125.7k $2.3m | Added +2.5k |
| Y-Intercept (Hong Kong) Ltd 0.05% of their portfolio | 103.5k $1.9m | New |
| SIG North Trading, ULC 0.39% of their portfolio | 96.3k $1.8m | Reduced -11.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 95.0k $1.8m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 93.0k $1.7m | Added +32.1k |
| Legal & General Group Plc 0.00% of their portfolio | 88.8k $1.7m | Added +18.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 86.6k $1.6m | Added +199 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 84.0k $1.6m | Reduced -499 |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.15% of their portfolio | 80.7k $1.5m | Reduced -202.5k |
| JAT Capital Mgmt LP 4.91% of their portfolio | 80.7k $1.5m | Reduced -2.3m |
| Walleye Trading LLC 0.04% of their portfolio | 77.6k $1.4m | Reduced -4.8k |
| SIMPLEX TRADING, LLC 0.04% of their portfolio | 77.1k $1.4m | Added +20.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 76.6k $1.4m | Unchanged |
| Caption Management, LLC 0.12% of their portfolio | 68.6k $1.3m | Added +57.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 68.4k $1.3m | Reduced -20.8k |
| Weiss Asset Management LP 0.02% of their portfolio | 67.5k $1.3m | Unchanged |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 67.0k $1.2m | Added +734 |
| Tactive Advisors, LLC 0.40% of their portfolio | 65.9k $1.2m | First filing |
| Verition Fund Management LLC 0.01% of their portfolio | 63.5k $1.2m | Reduced -21.1k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 62.1k $1.2m | Reduced -76.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 60.8k $1.1m | Added +11.8k |
| IMC-Chicago, LLC 0.03% of their portfolio | 59.8k $1.1m | Reduced -19.2k |
| SRN Advisors, LLC 1.00% of their portfolio | 59.3k $1.1m | New |
| Cresset Asset Management, LLC 0.01% of their portfolio | 57.3k $1.1m | Reduced -2.3k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 56.7k $1.1m | Added +7.8k |
| RR Advisors, LLC 0.24% of their portfolio | 55.0k $1.0m | Added +10.0k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 53.7k $998.5k | Added +1.8k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.01% of their portfolio | 53.1k $987.5k | Added +1.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 50.0k $928.0k | Added +37.1k |
| Harvest Portfolios Group Inc. 0.01% of their portfolio | 48.5k $440.2k | Added +20.1k |
| CITIGROUP INC 0.00% of their portfolio | 47.9k $889.7k | Reduced -15.0k |
| OP Asset Management Ltd 0.01% of their portfolio | 47.0k $874.4k | New |
| Main Management ETF Advisors, LLC 0.03% of their portfolio | 44.7k $832.0k | Added +732 |
| AM INVESTMENT STRATEGIES LLC 0.19% of their portfolio | 44.0k $818.0k | Unchanged |
| Ninepoint Partners LP 0.15% of their portfolio | 42.8k $796.0k | Unchanged |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 41.8k $777.2k | Reduced -1.5k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 41.7k $1.1m | Added +38.5k |
| LPL Financial LLC 0.00% of their portfolio | 41.6k $773.4k | Added +8.6k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 40.0k $743.8k | Unchanged |
| TOBAM 0.25% of their portfolio | 34.9k $650.0k | Added +11.5k |
| Dynamic Technology Lab Private Ltd 0.09% of their portfolio | 34.6k $644.0k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 33.6k $625.6k | Added +4.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 32.5k $605.2k | Added +5.4k |
| Belvedere Trading LLC 0.05% of their portfolio | 31.5k $585.7k | Added +607 |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 28.7k $534.7k | Added +4.6k |
| Mariner, LLC 0.00% of their portfolio | 28.2k $525.4k | Reduced -163 |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 25.6k $476.6k | Reduced -17.9k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 25.3k $471.5k | Reduced -21.7k |