Hyperliquid Strategies Draws 202 Institutional Holders After 122% Surge as Index Inclusion Drives Buying
Updated
Updated · Yahoo Finance · Aug 22
Hyperliquid Strategies Draws 202 Institutional Holders After 122% Surge as Index Inclusion Drives Buying
2 articles · Updated · Yahoo Finance · Aug 22
Summary
202 institutions held Hyperliquid Strategies at quarter-end, up 122% in three months, with BlackRock and State Street among the largest disclosed holders.
Late-June inclusion in the S&P Global Broad Market Index and the Russell 2000 and 3000 appears to explain much of the jump, as benchmark-tracking funds were effectively required to buy the stock.
Several new positions may not signal active bullish bets: BlackRock filed as a passive holder, while Citadel Advisors and likely Jane Street appear to hold shares and options mainly for market-making inventory.
The filings were mixed rather than uniformly bullish, with 11 institutions cutting positions and 29 exiting entirely, though discretionary buyers such as Duquesne Family Office also appeared.
Hyperliquid Strategies holds 29.2 million HYPE tokens worth about $1.7 billion, versus a roughly $1.4 billion market value, leaving the stock at an mNAV of about 0.84.