HUT Hut 8 Corp. - Common Stock
$82.70
Price · Aug 18, 2026
Fundamentals as of Aug 4, 2026
52W Range
$21–$141
52% of range
Analyst Rating
BUY
11 analysts
Price Target
$164
+98% upside
P/E (TTM)
-38.6
ROE
-18.9%
Net Profit Margin
-96.2%
HUT Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$82.70
Market Cap
$9.10B
P/E (TTM)
-38.6
EPS (TTM)
$-2.14
Revenue (TTM)
$235M
Div Yield
—
ROE
-18.9%
Debt/Equity
—
52W Range
$21 – $141
HUT Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$235M
2022-06-30
→
2025-12-31
EPS
$-2.14
2022-06-30
→
2025-12-31
Free Cash Flow
—
Margins
-96.2%
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
HUT
Peer Median
P/E (TTM)
-38.6
31.0
P/S (TTM)
38.7
8.9
P/B
6.4
9.0
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
HUT
Peer Median
Operating Margin
-136.9%
—
Net Profit Margin
-96.2%
14.8%
ROA
-10.6%
-3.7%
ROE
-18.9%
-6.5%
ROIC
-18.7%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
HUT
Peer Median
Current Ratio
1.1
1.3
Quick Ratio
0.2
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
HUT
Peer Median
Revenue YoY
44.8%
—
EPS YoY
672.7%
—
Net Income YoY
1418.9%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
HUT
Peer Median
HUT Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
11 analysts
- Strong Buy 1 9.1%
- Buy 9 81.8%
- Hold 1 9.1%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
17 analysts · 2026-08-14
Median
$154.00
← Below all targets
$82.70
Low
$120.00
High
$273.00
Median target
$154.00
+86.2%
Mean target
$163.53
+97.7%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.46%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| Sept. 30, 2024 | $-0.21 | $-0.28 | 0.07% |
| June 30, 2024 | $-0.97 | $-0.02 | -0.95% |
| March 31, 2024 | $2.76 | $0.35 | 2.4% |
| Dec. 31, 2023 | $0.14 | $-0.19 | 0.33% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| HUT | $5.06B | -21.5 | 44.8% | -96.2% | -18.9% | — |
| MANH | $10.37B | 48.1 | 3.8% | 20.3% | 74.1% | — |
| HUBS | $21.09B | 466.6 | 19.2% | 1.5% | 2.2% | 83.8% |
| SAIL | $9.16B | -30.1 | 24.3% | -25.2% | -4.0% | 64.5% |
| BSY | $11.54B | 44.9 | 11.0% | 18.5% | 24.9% | 81.5% |
| IDCC | $8.18B | 27.0 | -4.0% | 48.8% | 37.2% | — |
| PCOR | $11.04B | -108.6 | 14.8% | -7.6% | -8.1% | 79.5% |
| WULF | $4.83B | -6.9 | 20.3% | -392.6% | -420.2% | 39.2% |
| TTAN | — | -46.1 | 24.5% | -16.6% | -10.6% | 70.1% |
| PLTR | $425.03B | 282.1 | 56.2% | 36.3% | 26.2% | 82.4% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 13
| Metric | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Revenue | $235M | $162M | · | |
| Cost of Revenue | $108M | $87M | $54M | |
| SG&A Expense | $123M | $73M | $49M | |
| Operating Income | $-322M | $461M | $9M | |
| Other Non-op | $22M | $-9M | $13M | |
| Pretax Income | $-300M | $452M | $22M | |
| Income Tax | $-52M | $113M | $190.0K | |
| Net Income | $-226M | $332M | $22M | |
| EPS (Basic) | $-2.14 | $3.71 | $0.46 | |
| EPS (Diluted) | $-2.14 | $3.40 | $0.44 | |
| Shares (Basic) | 105,328,890 | 91,320,744 | 47,084,060 | |
| Shares (Diluted) | 105,328,890 | 101,047,739 | 49,121,720 | |
| EBITDA | $-322M | $461M | · |
Balance Sheet 19
| Metric | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Cash & Equivalents | $45M | $85M | $31M | |
| Receivables | $31M | $7M | $3M | |
| Current Assets | $408M | $257M | $62M | |
| Goodwill | $210M | $53M | $58M | |
| Intangibles | $11M | $13M | $17M | |
| Total Assets | $2.75B | $1.52B | $741M | |
| Accounts Payable | $41M | $11M | $15M | |
| Current Liabilities | $376M | $154M | $113M | |
| Capital Leases | $16M | $19M | $14M | |
| Deferred Tax | $130M | $111M | $609.0K | |
| Total Liabilities | $1.06B | $538M | $253M | |
| Long-term Debt | · | $301M | $187M | |
| Total Debt | · | $301M | · | |
| Common Stock | $1M | $995.0K | $889.0K | |
| Paid-in Capital | $1.43B | $790M | $576M | |
| Retained Earnings | $5M | $232M | $-100M | |
| Stockholders' Equity | $1.42B | $977M | $488M | |
| Liabilities + Equity | $2.75B | $1.52B | $741M | |
| Shares Outstanding | 110,091,358 | 99,478,012 | 88,962,964 |
Cash Flow 9
| Metric | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| D&A | $102M | $48M | $18M | |
| Stock-based Comp | $58M | $21M | $14M | |
| Deferred Tax | $-55M | $112M | $-555.0K | |
| Amort. of Intangibles | $3M | $3M | · | |
| Operating Cash Flow | $-139M | $-69M | $-22M | |
| Investing Cash Flow | $-754M | $-188M | $87M | |
| Financing Cash Flow | $856M | $312M | $-41M | |
| Net Change in Cash | $-37M | $55M | $24M | |
| Taxes Paid | $1M | $3M | $700.0K |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Operating Margin | -136.9% | 283.6% | · | |
| Net Margin | -96.2% | 204.4% | · | |
| Pretax Margin | -127.5% | 278.3% | · | |
| EBITDA Margin | -136.9% | 283.6% | · | |
| ROA | -10.6% | 29.4% | · | |
| ROE | -18.9% | 45.3% | · | |
| ROIC | -18.7% | 27.0% | · |
Liquidity & Solvency 4
| Metric | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Current Ratio | 1.1 | 1.7 | · | |
| Quick Ratio | 0.2 | 0.6 | · | |
| Debt / Equity | · | 0.3 | · | |
| LT Debt / Equity | · | 0.2 | · |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | |
| Receivables Turnover | 12.3 | 31.5 | · |
Growth Rates 3
| Metric | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Revenue YoY | 44.8% | · | · | |
| EPS YoY | · | 672.7% | · | |
| Net Income YoY | · | 1418.9% | · |
Valuation (TTM) 12
| Metric | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Revenue TTM | $235M | $162M | · | |
| Net Income TTM | $-226M | $332M | · | |
| Market Cap | $5.06B | $2.04B | · | |
| Enterprise Value | · | $2.25B | · | |
| P/E | -21.5 | 6.0 | · | |
| P/S | 21.5 | 12.6 | · | |
| P/B | 3.6 | 2.1 | · | |
| P / Tangible Book | 4.2 | 2.2 | · | |
| P / Cash Flow | -36.3 | -29.7 | · | |
| EV / EBITDA | · | 4.9 | · | |
| EV / Revenue | · | 13.9 | · | |
| Earnings Yield | -4.7% | 16.6% | · |
Income Statement 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $75M | $71M | $88M | $84M | $41M | $22M | $32M | $44M | $35M | $52M | · | $24M | $16M | |
| Cost of Revenue | $27M | $26M | $35M | $32M | $22M | $19M | $20M | $18M | $21M | $28M | $20M | $9M | $9M | |
| SG&A Expense | $76M | $82M | $46M | $26M | $30M | $21M | $19M | $16M | $18M | $20M | $33M | $12M | $6M | |
| Operating Income | $-206M | $-370M | $-435M | $73M | $188M | $-148M | $282M | $-2M | $-87M | $267M | $11M | $-67M | $-2M | |
| Interest Expense | · | · | · | · | · | · | · | · | $6M | $6M | · | $6M | $8M | |
| Interest Income | $27M | · | · | · | · | · | · | · | · | · | · | · | · | |
| Other Non-op | $-2M | $68M | $55M | $-3M | $-23M | $-7M | $-22M | $3M | $14M | $-4M | $-878.0K | $-12M | $19M | |
| Pretax Income | $-209M | $-302M | $-380M | $70M | $165M | $-155M | $260M | $1M | $-72M | $263M | $10M | $-79M | $18M | |
| Income Tax | $-31M | $-49M | $-78M | $19M | $28M | $-20M | $110M | $453.0K | $-2M | $4M | $-482.0K | $-2M | $289.0K | |
| Net Income | $-150M | $-220M | $-280M | $50M | $137M | $-134M | $152M | $647.0K | $-72M | $251M | $11M | $-77M | $17M | |
| EPS (Basic) | $-1.27 | $-1.98 | $-2.64 | $0.48 | $1.32 | $-1.30 | $1.58 | $0.01 | $-0.78 | $2.90 | $0.19 | $-1.85 | $0.41 | |
| EPS (Diluted) | $-1.27 | $-1.98 | $-2.45 | $0.43 | $1.18 | $-1.30 | $1.41 | $0.01 | $-0.78 | $2.76 | $0.17 | $-1.85 | $0.41 | |
| Shares (Basic) | 118,483,238 | 111,064,728 | -207,337,754 | 105,565,856 | 104,246,041 | 102,854,747 | -179,204,050 | 91,182,107 | 90,192,842 | 89,149,845 | -81,770,787 | -87,383,254 | 42,464,291 | |
| Shares (Diluted) | 118,483,238 | 111,064,728 | -238,306,414 | 121,761,796 | 119,018,761 | 102,854,747 | -179,249,164 | 96,407,378 | 90,192,842 | 93,696,683 | -79,809,773 | -87,459,900 | 42,540,937 | |
| EBITDA | $-206M | $-370M | · | $73M | $188M | $-148M | · | $-2M | $-87M | $267M | · | · | · |
Balance Sheet 19
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $234M | $160M | $45M | $33M | $216M | $108M | $85M | $72M | $175M | $12M | $31M | · | · | |
| Receivables | $12M | $7M | $31M | $7M | $9M | $4M | $7M | $6M | $6M | $8M | $3M | · | · | |
| Current Assets | $7.09B | $217M | $408M | $223M | $411M | $269M | $257M | $110M | $196M | $34M | $62M | · | · | |
| Goodwill | $208M | $209M | $210M | $207M | $56M | $53M | $53M | $56M | $56M | $56M | $58M | · | · | |
| Intangibles | $9M | $10M | $11M | $12M | $13M | $13M | $13M | $15M | $15M | $16M | $17M | · | · | |
| Total Assets | $9.98B | $2.61B | $2.75B | $2.69B | $2.02B | $1.57B | $1.52B | $1.10B | $1.09B | $999M | $741M | · | · | |
| Accounts Payable | $70M | $44M | $16M | $62M | $44M | $32M | $11M | $31M | $41M | $32M | $15M | · | · | |
| Current Liabilities | $366M | $252M | $376M | $310M | $227M | $213M | $154M | $110M | $117M | $108M | $113M | · | · | |
| Capital Leases | $26M | $15M | $16M | $17M | $18M | $18M | $19M | $19M | $12M | $13M | $14M | · | · | |
| Deferred Tax | $54M | $86M | $130M | $188M | $118M | $91M | $111M | $3M | $3M | $3M | $609.0K | · | · | |
| Total Liabilities | $8.22B | $920M | $1.06B | $1.03B | $633M | $584M | $538M | $387M | $419M | $258M | $253M | · | · | |
| Long-term Debt | · | · | · | · | · | · | · | $297M | $329M | $178M | $187M | · | · | |
| Total Debt | · | · | · | · | · | · | · | $297M | $329M | $178M | · | · | · | |
| Common Stock | $1M | $1M | $1M | $1M | $1M | $1M | $995.0K | $935.0K | $909.0K | $894.0K | $889.0K | · | · | |
| Paid-in Capital | $1.84B | $1.61B | $1.43B | $1.18B | $1.04B | $906M | $790M | $623M | $588M | $581M | $576M | · | · | |
| Retained Earnings | $-365M | $-214M | $5M | $285M | $235M | $98M | $232M | $79M | $79M | $151M | $-100M | · | · | |
| Stockholders' Equity | $1.44B | $1.38B | $1.42B | $1.44B | $1.27B | $960M | $977M | $704M | $660M | $732M | $488M | · | · | |
| Liabilities + Equity | $9.98B | $2.61B | $2.75B | $2.69B | $2.02B | $1.57B | $1.52B | $1.10B | $1.09B | $999M | $741M | · | · | |
| Shares Outstanding | 123,190,559 | 112,546,250 | 110,091,358 | 106,311,648 | 104,418,127 | 104,150,510 | 99,478,012 | 93,512,499 | 90,944,959 | 88,456,865 | 88,962,964 | · | · |
Cash Flow 8
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $40M | $38M | $40M | $28M | $19M | $15M | $14M | $10M | $12M | $11M | $6M | $7M | $3M | |
| Stock-based Comp | $51M | $51M | $40M | $6M | $8M | $4M | $4M | $5M | $11M | $4M | $12M | $3M | $1M | |
| Deferred Tax | $-33M | $-52M | $-81M | $19M | $28M | $-20M | $109M | $490.0K | $-226.0K | $2M | $-557.0K | $-2M | $231.0K | |
| Operating Cash Flow | $-6M | $-27M | $-57M | $770.0K | $-49M | $-34M | $-22M | $-4M | $-45M | $-26M | $-22M | $-29M | $1M | |
| Investing Cash Flow | $-584M | $-51M | $-302M | $-350M | $-43M | $-58M | $-128M | $-96M | $20M | $23M | $49M | $-12M | $6M | |
| Financing Cash Flow | $7.45B | $191M | $369M | $167M | $205M | $116M | $162M | $-3M | $168M | $-15M | $-10M | $25M | $-6M | |
| Net Change in Cash | $6.86B | $112M | $9M | $-183M | $113M | $23M | $13M | $-103M | $143M | $-19M | $18M | $-17M | $2M | |
| Taxes Paid | $-398.0K | $43.0K | $-481.0K | $2M | · | · | $1M | $199.0K | · | · | · | · | · |
Profitability 7
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | -275.4% | -521.5% | · | 87.0% | 454.9% | -676.8% | · | -3.6% | -246.2% | 515.8% | · | · | · | |
| Net Margin | -200.4% | -309.6% | · | 60.0% | 332.5% | -613.8% | · | 1.5% | -204.1% | 484.9% | · | · | · | |
| Pretax Margin | -278.4% | -425.4% | · | 83.4% | 399.7% | -708.3% | · | 3.1% | -205.4% | 507.8% | · | · | · | |
| EBITDA Margin | -275.4% | -521.5% | · | 87.0% | 454.9% | -676.8% | · | -3.6% | -246.2% | 515.8% | · | · | · | |
| ROA | -2.5% | -10.5% | · | 2.6% | 8.8% | -10.4% | · | 0.12% | -13.2% | 42.6% | · | · | · | |
| ROE | -11.1% | -18.8% | · | 4.7% | 14.2% | -15.8% | · | 0.18% | -21.8% | 66.4% | · | · | · | |
| ROIC | -12.2% | -22.5% | · | 3.7% | 12.3% | -13.4% | · | -0.10% | -8.5% | 28.8% | · | · | · |
Liquidity & Solvency 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 19.3 | 0.9 | · | 0.7 | 1.8 | 1.3 | · | 1.0 | 1.7 | 0.3 | · | · | · | |
| Quick Ratio | 0.7 | 0.7 | · | 0.1 | 1.0 | 0.5 | · | 0.7 | 1.6 | 0.2 | · | · | · | |
| Debt / Equity | · | · | · | · | · | · | · | 0.4 | 0.5 | 0.2 | · | · | · | |
| LT Debt / Equity | · | · | · | · | · | · | · | 0.3 | 0.4 | 0.2 | · | · | · | |
| Interest Coverage | · | · | · | · | · | · | · | · | -14.4 | 42.5 | · | · | · |
Efficiency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.1 | 0.1 | 0.1 | · | · | · | |
| Receivables Turnover | 7.3 | 12.2 | · | 13.1 | 5.8 | 3.6 | · | 14.4 | 12.0 | 12.6 | · | · | · |
Valuation (TTM) 12
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $271M | $218M | · | $190M | $142M | $153M | · | $152M | $130M | $116M | · | · | · | |
| Net Income TTM | $-183M | $-166M | · | $54M | $-68M | $46M | · | $175M | $170M | $240M | · | · | · | |
| Market Cap | $14.22B | $5.28B | · | $3.70B | $1.94B | $1.21B | · | $1.15B | $1.36B | $977M | · | · | · | |
| Enterprise Value | · | · | · | · | · | · | · | $1.37B | $1.52B | $1.14B | · | · | · | |
| P/E | -70.4 | -28.1 | · | 108.8 | -20.9 | 16.8 | · | 6.5 | 8.4 | 4.4 | · | · | · | |
| P/S | 52.5 | 24.3 | · | 19.4 | 13.7 | 7.9 | · | 7.5 | 10.5 | 8.4 | · | · | · | |
| P/B | 9.9 | 3.8 | · | 2.6 | 1.5 | 1.3 | · | 1.6 | 2.1 | 1.3 | · | · | · | |
| P / Tangible Book | 11.6 | 4.5 | · | 3.0 | 1.6 | 1.4 | · | 1.8 | 2.3 | 1.5 | · | · | · | |
| P / Cash Flow | · | -193.9 | · | · | · | -35.8 | · | · | · | -37.1 | · | · | · | |
| EV / EBITDA | · | · | · | · | · | · | · | -874.1 | -17.5 | 4.3 | · | · | · | |
| EV / Revenue | · | · | · | · | · | · | · | 9.0 | 11.6 | 9.9 | · | · | · | |
| Earnings Yield | -1.4% | -3.6% | · | 0.92% | -4.8% | 5.9% | · | 15.4% | 11.9% | 22.8% | · | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-06-30 | 2022-06-30 | |
|---|---|---|---|---|---|
| Revenue | $235M | $162M | — | $82M | $74M |
| Operating Margin % | -136.9% | 283.6% | — | — | — |
| Net Income | $-226M | $332M | $22M | $-66M | $-32M |
| Diluted EPS | $-2.14 | $3.40 | $0.44 | $-1.58 | $-0.94 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-06-30 | 2022-06-30 | |
|---|---|---|---|---|---|
| Debt / Equity | — | 0.3 | — | — | — |
| Current Ratio | 1.1 | 1.7 | — | — | — |
| Quick Ratio | 0.2 | 0.6 | — | — | — |
Latest News Recent headlines mentioning this company
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- Hut 8 Senior Executives Sell Company Stock
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Institutional owners (13F) 488 filers · $9.2B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 161 (+74 vs prior Q) | 45 (-14 vs prior Q) | 115 (-8 vs prior Q) | 141 (+28 vs prior Q) | +20.1M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| COATUE MANAGEMENT LLC | $1,121,603,127 | 9,715,476 | 12.20% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $719,399,904 | 6,231,538 | 7.83% | Shares |
| LONE PINE CAPITAL LLC | $666,469,180 | 5,773,045 | 7.25% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $525,800,948 | 4,554,558 | 5.72% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $309,188,256 | 2,378,482 | 3.36% | Shares |
| STATE STREET CORP | $299,295,434 | 2,592,537 | 3.26% | Shares |
| CITADEL ADVISORS LLC | $234,237,905 | 2,029,000 | 2.55% | Call option |
| D. E. Shaw & Co., Inc. | $220,722,397 | 1,912,131 | 2.40% | Shares |
| AMERIPRISE FINANCIAL INC | $199,848,287 | 1,731,112 | 2.17% | Shares |
| CITADEL ADVISORS LLC | $193,439,642 | 1,675,600 | 2.10% | Put option |
| Hood River Capital Management LLC | $190,703,018 | 1,651,895 | 2.08% | Shares |
| JANE STREET GROUP, LLC | $177,935,378 | 1,541,300 | 1.94% | Put option |
| JANE STREET GROUP, LLC | $168,607,422 | 1,460,500 | 1.83% | Call option |
| Value Aligned Research Advisors, LLC | $166,280,282 | 1,440,342 | 1.81% | Shares |
| Third Point LLC | $151,810,175 | 1,315,000 | 1.65% | Shares |
| Avala Global LP | $144,602,020 | 1,252,562 | 1.57% | Shares |
| Nearwater Capital Markets, Ltd | $134,089,368 | 1,161,500 | 1.46% | Shares |
| SRS Investment Management, LLC | $115,445,000 | 1,000,000 | 1.26% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $111,586,020 | 966,573 | 1.21% | Shares |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | $110,654,033 | 958,500 | 1.20% | Shares |
| Newbrook Capital Advisors LP | $93,571,059 | 810,525 | 1.02% | Shares |
| MOORE CAPITAL MANAGEMENT, LP | $81,556,698 | 706,455 | 0.89% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $80,373,733 | 696,208 | 0.87% | Shares |
| MONTANOVA CAPITAL, LLC | $77,348,150 | 670,000 | 0.84% | Shares |
| GOLDMAN SACHS GROUP INC | $77,000,083 | 666,985 | 0.84% | Shares |
| DENDUR CAPITAL LP | $66,034,540 | 572,000 | 0.72% | Shares |
| ALLIANCEBERNSTEIN L.P. | $64,798,519 | 1,381,337 | 0.71% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $62,567,727 | 541,970 | 0.68% | Shares |
| STEADFAST CAPITAL MANAGEMENT LP | $61,197,395 | 530,100 | 0.67% | Shares |
| Capital World Investors | $59,977,834 | 519,536 | 0.65% | Shares |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $58,891,265 | 510,124 | 0.64% | Shares |
| JANE STREET GROUP, LLC | $49,434,703 | 428,210 | 0.54% | Shares |
| MILLENNIUM MANAGEMENT LLC | $48,719,345 | 422,014 | 0.53% | Shares |
| TWO SIGMA INVESTMENTS, LP | $47,823,438 | 414,253 | 0.52% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $47,455,742 | 411,231 | 0.52% | Shares |
| MARK ASSET MANAGEMENT LP | $45,381,201 | 393,081 | 0.49% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $45,300,618 | 392,400 | 0.49% | Shares |
| Steadview Capital Management LLC | $44,826,139 | 388,290 | 0.49% | Shares |
| Caption Management, LLC | $43,372,686 | 375,700 | 0.47% | Call option |
| Columbus Hill Capital Management, L.P. | $42,611,673 | 369,108 | 0.46% | Shares |
| FMR LLC | $40,873,022 | 354,042 | 0.44% | Shares |
| THAMES CAPITAL MANAGEMENT LLC | $40,633,523 | 351,973 | 0.44% | Shares |
| Toroso Investments, LLC | $39,443,992 | 858,598 | 0.43% | Shares |
| Yaupon Capital Management LP | $37,902,787 | 328,319 | 0.41% | Shares |
| D. E. Shaw & Co., Inc. | $35,256,903 | 305,400 | 0.38% | Call option |
| RENAISSANCE TECHNOLOGIES LLC | $34,358,164 | 297,615 | 0.37% | Shares |
| Point72 Asset Management, L.P. | $33,028,004 | 286,089 | 0.36% | Shares |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | $33,017,270 | 286,000 | 0.36% | Call option |
| BNP PARIBAS FINANCIAL MARKETS | $32,701,412 | 283,264 | 0.36% | Shares |
| Oasis Management Co Ltd. | $31,421,012 | 272,173 | 0.34% | Shares |
| Merewether Investment Management, LP | $31,079,757 | 269,217 | 0.34% | Shares |
| CITADEL ADVISORS LLC | $30,816,080 | 266,933 | 0.34% | Shares |
| D. E. Shaw & Co., Inc. | $30,535,203 | 264,500 | 0.33% | Put option |
| Point72 Asset Management, L.P. | $30,315,857 | 262,600 | 0.33% | Call option |
| Parallax Volatility Advisers, L.P. | $29,565,465 | 256,100 | 0.32% | Call option |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $28,584,000 | 247,598 | 0.31% | Shares |
| Point72 Asset Management, L.P. | $27,960,779 | 242,200 | 0.30% | Put option |
| WOLVERINE TRADING, LLC | $27,862,062 | 799,600 | 0.30% | Call option |
| Value Aligned Research Advisors, LLC | $26,448,450 | 229,100 | 0.29% | Call option |
| MORGAN STANLEY | $26,149,909 | 226,514 | 0.28% | Shares |
| BANK OF AMERICA CORP /DE/ | $23,913,508 | 207,142 | 0.26% | Shares |
| UBS Group AG | $23,181,356 | 200,800 | 0.25% | Call option |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | $23,089,000 | 200,000 | 0.25% | Shares |
| Swiss National Bank | $22,931,995 | 198,640 | 0.25% | Shares |
| PEAK6 LLC | $22,292,430 | 193,100 | 0.24% | Call option |
| SCOGGIN MANAGEMENT LP | $20,202,875 | 175,000 | 0.22% | Call option |
| PEAK6 LLC | $19,660,284 | 170,300 | 0.21% | Put option |
| Beartown Capital Management, LLC | $19,625,650 | 170,000 | 0.21% | Shares |
| Clearline Capital LP | $19,549,341 | 169,339 | 0.21% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $19,403,880 | 168,079 | 0.21% | Shares |
| NEUBERGER BERMAN GROUP LLC | $18,525,806 | 160,473 | 0.20% | Shares |
| Two Seas Capital LP | $18,249,777 | 158,082 | 0.20% | Shares |
| NOMURA HOLDINGS INC | $18,217,221 | 157,800 | 0.20% | Call option |
| RHUMBLINE ADVISERS | $17,685,583 | 153,195 | 0.19% | Shares |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | $17,316,750 | 150,000 | 0.19% | Put option |
| GOLDMAN SACHS GROUP INC | $17,316,750 | 150,000 | 0.19% | Put option |
| VAN ECK ASSOCIATES CORP | $16,957,097 | 146,891 | 0.18% | Shares |
| Toroso Investments, LLC | $16,212,226 | 352,900 | 0.18% | Put option |
| Driehaus Capital Management LLC | $16,129,398 | 139,715 | 0.18% | Shares |
| BlackRock, Inc. | $16,074,215 | 139,237 | 0.17% | Shares |
| Northern Right Capital Management, L.P. | $15,857,063 | 137,356 | 0.17% | Shares |
| BIT Capital GmbH | $15,474,363 | 134,041 | 0.17% | Shares |
| CastleKnight Management LP | $15,354,185 | 133,000 | 0.17% | Shares |
| Engle Capital Management, L.P. | $15,046,986 | 130,339 | 0.16% | Shares |
| Clearbridge Investments, LLC | $14,986,770 | 129,823 | 0.16% | Shares |
| Squarepoint Ops LLC | $14,846,227 | 128,600 | 0.16% | Call option |
| DIMENSIONAL FUND ADVISORS LP | $14,799,018 | 128,191 | 0.16% | Shares |
| COMPASS ROSE ASSET MANAGEMENT, LP | $14,430,000 | 125,000 | 0.16% | Call option |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $14,254,340 | 123,473 | 0.16% | Shares |
| Zimmer Partners, LP | $14,015,023 | 121,400 | 0.15% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $13,906,504 | 120,460 | 0.15% | Shares |
| ALGERT GLOBAL LLC | $13,800,295 | 119,540 | 0.15% | Shares |
| Walleye Trading LLC | $13,541,698 | 117,300 | 0.15% | Call option |
| MARSHALL WACE, LLP | $13,474,041 | 116,719 | 0.15% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $13,195,825 | 114,304 | 0.14% | Shares |
| Wealth High Governance Capital Ltda | $12,752,401 | 110,463 | 0.14% | Shares |
| BW Gestao de Investimentos Ltda. | $12,752,401 | 110,463 | 0.14% | Shares |
| SIMPLEX TRADING, LLC | $12,586,044 | 109,022 | 0.14% | Shares |
| Hel Ved Capital Management Ltd | $12,550,026 | 108,710 | 0.14% | Shares |
| Capital International Investors | $11,962,526 | 103,621 | 0.13% | Shares |
Company insiders 14 insiders · 7 officers · 10 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Asher Genoot | Chief Executive Officer | March 26, 2024 A | 3,308,850 | 0 | 0 | $0 |
| Jaime Leverton | Chief Executive Officer | Jan. 12, 2024 S | 269,415 | 0 | 0 | $0 |
| Sean Joseph Glennan | Chief Financial Officer | June 11, 2026 A | 6,295 | 0 | 1 | $-133,865 |
| Shenif Visram | Chief Financial Officer | July 31, 2024 M | 43,959 | 0 | 0 | $0 |
| Victor Semah | Chief Legal Officer | June 17, 2026 S | 31,378 | 0 | 1 | $-1,250,000 |
| Michael Ho | Chief Strategy Officer | March 26, 2024 A | 6,326,412 | 0 | 0 | $0 |
| Aniss Amdiss | Chief Legal Officer | Dec. 22, 2023 S | 23,333 | 0 | 0 | $0 |
| Rick Rickertsen | Director | June 11, 2026 A | 14,775 | 0 | 0 | $0 |
| Joseph Flinn | Director | June 11, 2026 M | 10,519 | 0 | 8 | $-4,720,202 |
| Amy Marie Wilkinson | Director | June 11, 2026 A | 277,849 | 0 | 0 | $0 |
| Stanley E Oneal | Director | June 11, 2026 A | 50,654 | 0 | 0 | $0 |
| Mayo A Shattuck III | Director | June 11, 2026 A | 109,408 | 0 | 0 | $0 |
| William Tai | Director | June 11, 2026 A | 189,901 | 0 | 0 | $0 |
| Alexia Hefti | Director | June 21, 2024 M | 16,211 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 1 position
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Michael Ho | Dec. 7, 2023 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 63 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| BLOX · Tidal Trust II | 7.37% | 260,389 NS | April 30, 2026 | N-PORT |
| BKCH · Global X Funds | 5.86% | 182,492 NS | May 31, 2026 | N-PORT |
| IBLC · iShares Trust | 5.41% | 47,604 SH | Aug. 8, 2026 | Daily |
| LFGY · Tidal Trust II | 5.12% | 84,521 NS | April 30, 2026 | N-PORT |
| GPTY · Tidal Trust II | 4.16% | 50,565 NS | April 30, 2026 | N-PORT |
| HECO · SSGA Active Trust | 2.57% | 27,679 NS | April 30, 2026 | N-PORT |
| TIME · Tidal Trust II | 2.56% | 2,939 NS | May 31, 2026 | N-PORT |
| DECO · SSGA Active Trust | 2.55% | 5,311 NS | April 30, 2026 | N-PORT |
| FINX · Global X Funds | 2.47% | 38,574 NS | May 31, 2026 | N-PORT |
| GVIP · Goldman Sachs ETF Trust | 2.32% | 106,046 NS | May 31, 2026 | N-PORT |
| SATO · Invesco Exchange-Traded Fund Trust … | 1.95% | 1,569 SH | Aug. 8, 2026 | Daily |
| TCAI · Tortoise Capital Series Trust | 1.69% | 29,414 NS | May 31, 2026 | N-PORT |
| TEKX · SSGA Active Trust | 1.01% | 807 NS | April 30, 2026 | N-PORT |
| AIPO · Tidal Trust II | 0.76% | 45,919 NS | May 31, 2026 | N-PORT |
| ANEW · ProShares Trust | 0.63% | 393 NS | May 31, 2026 | N-PORT |
| AIQ · Global X Funds | 0.53% | 463,296 NS | May 31, 2026 | N-PORT |
| FSCC · Federated Hermes ETF Trust | 0.49% | 10,903 NS | May 31, 2026 | N-PORT |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.37% | 58,240 SH | Aug. 8, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.36% | 594,695 SH | Aug. 8, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.36% | 42,686 SH | Aug. 8, 2026 | Daily |
| BKSE · BNY Mellon ETF Trust | 0.33% | 3,555 NS | April 30, 2026 | N-PORT |
| VBK · VANGUARD INDEX FUNDS | 0.32% | 1,342,505 SH | Aug. 8, 2026 | Daily |
| IGV · iShares Trust | 0.32% | 488,985 SH | Aug. 8, 2026 | Daily |
| ITWO · ProShares Trust | 0.31% | 4,616 NS | May 31, 2026 | N-PORT |
| IWO · iShares Trust | 0.31% | 494,566 SH | Aug. 8, 2026 | Daily |
| IWM · iShares Trust | 0.29% | 2,626,297 SH | Aug. 8, 2026 | Daily |
| ISCG · iShares Trust | 0.29% | 31,822 SH | Aug. 8, 2026 | Daily |
| IWN · iShares Trust | 0.28% | 455,881 SH | Aug. 8, 2026 | Daily |
| SCHA · SCHWAB STRATEGIC TRUST | 0.25% | 462,435 NS | May 31, 2026 | N-PORT |
| VFMO · VANGUARD WELLINGTON FUND | 0.25% | 42,841 SH | Aug. 8, 2026 | Daily |
| RSSL · Global X Funds | 0.23% | 42,573 NS | April 30, 2026 | N-PORT |
| GSSC · Goldman Sachs ETF Trust | 0.21% | 16,382 NS | May 31, 2026 | N-PORT |
| UWM · ProShares Trust | 0.18% | 3,609 NS | May 31, 2026 | N-PORT |
| GINN · Goldman Sachs ETF Trust | 0.16% | 2,764 NS | May 31, 2026 | N-PORT |
| ISCB · iShares Trust | 0.14% | 4,515 SH | Aug. 8, 2026 | Daily |
| ESML · iShares Trust | 0.14% | 45,113 SH | Aug. 8, 2026 | Daily |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.14% | 37,874 NS | April 30, 2026 | N-PORT |
| VB · VANGUARD INDEX FUNDS | 0.14% | 2,324,211 SH | Aug. 8, 2026 | Daily |
| DFIS · Dimensional ETF Trust | 0.13% | 96,770 NS | April 30, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.13% | 1,149,844 SH | Aug. 8, 2026 | Daily |
| URTY · ProShares Trust | 0.13% | 3,656 NS | May 31, 2026 | N-PORT |
| FTEC · FIDELITY COVINGTON TRUST | 0.13% | 304,318 NS | April 30, 2026 | N-PORT |
| AVDS · AMERICAN CENTURY ETF TRUST | 0.12% | 2,927 NS | May 31, 2026 | N-PORT |
| VGT · VANGUARD WORLD FUND | 0.10% | 1,477,077 SH | Aug. 8, 2026 | Daily |
| WSML · iShares Trust | 0.08% | 6,137 SH | Aug. 8, 2026 | Daily |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.06% | 3,836 NS | May 31, 2026 | N-PORT |
| HDG · ProShares Trust | 0.05% | 92 NS | May 31, 2026 | N-PORT |
| IGM · iShares Trust | 0.04% | 47,026 SH | Aug. 8, 2026 | Daily |
| ONEQ · Fidelity Commonwealth Trust | 0.03% | 28,429 NS | May 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.02% | 3,217,897 SH | Aug. 8, 2026 | Daily |