Longitude Cayman Ltd. cut its holdings in Coinbase Global, Inc. (NASDAQ:COIN) by 35.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,000 shares of the cryptocurrency exchange’s stock after selling 11,000 shares during the period. Coinbase Global comprises approximately 1.0% of Longitude Cayman Ltd.’s portfolio, making the stock its 26th biggest holding. Longitude Cayman Ltd.’s holdings in Coinbase Global were worth $1,502,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its position in shares of Coinbase Global by 3.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 618,842 shares of the cryptocurrency exchange’s stock worth…
