Who owns Solana (HSDT)
Which tracked institutional funds hold HSDT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HSDT company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
3 tracked funds added or opened HSDT while 3 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
HSDT’s largest tracked holder by dollar value, ARISTEIA CAPITAL, L.L.C., sizes it at 0.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in HSDT divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 40 tracked filers holding HSDT, 19 increased or opened the position and 17 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in HSDT between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
Full exits 1
- Hel Ved Capital Management Ltd$754K
Largest adds
- Pantera Capital Partners LP$2M
- Saba Capital Management, L.P.$409K
- VANGUARD CAPITAL MANAGEMENT LLC$356K
Largest trims
- Yorkville Advisors Global, LP$1M
- Kathmere Capital Management, LLC$368K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Pantera Capital Partners LP added | 4,987,319 | $8M | 17.5% | 2026-Q2 |
| Kathmere Capital Management, LLC | 4,594,960 | $8M | 16.1% | 2026-Q2 |
| Arrington Capital Management, LLC | 658,908 | $1M | 2.3% | 2026-Q2 |
| BlackRock, Inc. added | 632,919 | $1M | 2.2% | 2026-Q2 |
| VR Advisory Services Ltd | 581,310 | $959K | 2.0% | 2026-Q2 |
| LPL Financial LLC added | 560,434 | $925K | 2.0% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 555,980 | $917K | 1.9% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 512,017 | $845K | 1.8% | 2026-Q2 |
| Saba Capital Management, L.P. added | 316,051 | $521K | 1.1% | 2026-Q2 |
| Yorkville Advisors Global, LP trimmed | 300,000 | $495K | 1.0% | 2026-Q2 |
| Avenir Tech Ltd | 290,655 | $480K | 1.0% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 255,383 | $421K | 0.9% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 244,904 | $404K | 0.9% | 2026-Q2 |
| QUATTRO FINANCIAL ADVISORS LLC | 209,000 | $345K | 0.7% | 2026-Q2 |
| STATE STREET CORP | 145,600 | $240K | 0.5% | 2026-Q2 |
| MORGAN STANLEY trimmed | 136,476 | $225K | 0.5% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 117,400 | $194K | 0.4% | 2026-Q2 |
| WOLVERINE ASSET MANAGEMENT LLC new | 114,167 | $188K | 0.4% | 2026-Q2 |
| XTX Topco Ltd added | 113,255 | $187K | 0.4% | 2026-Q2 |
| NORTHERN TRUST CORP added | 108,075 | $178K | 0.4% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 59,742 | $99K | 0.2% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 59,071 | $97K | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC new | 57,349 | $95K | 0.2% | 2026-Q2 |
| Grant Private Wealth Management Inc | 25,005 | $41K | 0.1% | 2026-Q2 |
| RED REEF ADVISORS LLC trimmed | 21,406 | $35K | 0.1% | 2026-Q2 |
| UBS Group AG added | 16,790 | $28K | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 15,700 | $26K | 0.1% | 2026-Q2 |
| CIBC WORLD MARKET INC. trimmed | 12,300 | $20K | 0.0% | 2026-Q2 |
| Vanguard Global Advisers, LLC | 12,266 | $20K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 3,483 | $6K | 0.0% | 2026-Q2 |
| SIMPLEX TRADING, LLC trimmed | 2,341 | $4K | 0.0% | 2026-Q2 |
| BARCLAYS PLC new | 1,892 | $3K | 0.0% | 2026-Q2 |
| WHITTIER TRUST CO OF NEVADA INC added | 750 | $1K | 0.0% | 2026-Q2 |
| HIGHLINE WEALTH PARTNERS LLC | 500 | $825 | 0.0% | 2026-Q2 |
| American Capital Advisory, LLC | 235 | $388 | 0.0% | 2026-Q2 |
| L1 Global Manager Pty Ltd | 203 | $334 | 0.0% | 2026-Q2 |
| Caitong International Asset Management Co., Ltd added | 192 | $317 | 0.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP | 150 | $260 | 0.0% | 2026-Q2 |
| SBI Securities Co., Ltd. added | 107 | $177 | 0.0% | 2026-Q2 |
| DANSKE BANK A/S | 1 | $2 | 0.0% | 2026-Q2 |
| Hel Ved Capital Management Ltd | 435,983 | $754K | 1.6% | 2026-Q1 stale (1 quarter behind) |
| Ghisallo Capital Management LLC trimmed | 223,051 | $386K | 0.8% | 2026-Q1 stale (1 quarter behind) |
| Polar Asset Management Partners Inc. trimmed | 125,253 | $217K | 0.5% | 2026-Q1 stale (1 quarter behind) |
| Brevan Howard Capital Management LP | 60,234 | $104K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| MARSHALL WACE, LLP trimmed | 59,607 | $103K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| GSA CAPITAL PARTNERS LLP new | 15,047 | $26K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP new | 12,583 | $22K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| PEAPACK GLADSTONE FINANCIAL CORP new | 12,000 | $21K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CITIGROUP INC added | 309 | $535 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Western Wealth Management, LLC new | 150 | $260 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Franchise GP Ltd new | 226,100 | $3M | 6.1% | 2025-Q4 stale (2 quarters behind) |
| CoinFund Management LLC new | 726,638 | $2M | 4.5% | 2025-Q4 stale (2 quarters behind) |
| VANGUARD GROUP INC new | 488,208 | $1M | 3.0% | 2025-Q4 stale (2 quarters behind) |
| Clear Street Group Inc. new | 75,559 | $218K | 0.5% | 2025-Q4 stale (2 quarters behind) |
| Aristides Capital LLC new | 47,400 | $137K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| OMERS ADMINISTRATION Corp new | 30,300 | $88K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| TWO SIGMA SECURITIES, LLC new | 10,257 | $30K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| MAI Capital Management new | 4,000 | $12K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| BANK OF AMERICA CORP /DE/ added | 252 | $728 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| ARISTEIA CAPITAL, L.L.C. new | 1,089,957 | $12M | 25.8% | 2025-Q3 stale (3 quarters behind) |
| Stonepine Capital Management, LLC new | 20,000 | $298K | 0.6% | 2025-Q3 stale (3 quarters behind) |
| Virtu Financial LLC new | 15,056 | $224K | 0.5% | 2025-Q3 stale (3 quarters behind) |
| IFP Advisors, Inc new | 66 | $983 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| CoreCap Advisors, LLC new | 13 | $2 | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.