Quantinno Capital Management LP Boosts Coinbase Stake to $33 Million

Quantinno Capital Management LP has significantly increased its stake in Coinbase Global, Inc. (NASDAQ:COIN) by 17.2% during the first quarter, according to a recent filing with the Securities and Exchange Commission.

The fund now owns approximately 0.07% of Coinbase Global's stock, valued at $33 million. This increase is just one of several significant changes in ownership among institutional investors.

Other notable investors have also adjusted their holdings in COIN, including Formidable Asset Management LLC, which lifted its position by 2.2%, and L2 Asset Management LLC, which boosted its stake by 5%.