CleanSpark

CLSK • NASDAQ

CleanSpark is a software - application company in the technology sector on NASDAQ, led by S. Matthew Schultz, with a market cap of $3.6B. As of Q3 2025, 67% of shares are held by 316 institutional investors, with BlackRock, Inc. as the largest holder at 15.81%.

President and Chief Executive OfficerS. Matthew Schultz

Market Cap$3.6B

Software - Application

Technology

Employees131.0

Websitecleanspark.com

Country

United States of America

Overview

Overview of institutional ownership in CLSK as of Q3 2025 with a market cap of $4.1B

All Institutions

Institutions: 316
Value Held: $2.7B
Shares Held: 189.0M
Avg Position: $8.7M
Median Position: $579.5K

Hedge Funds

Hedge Funds: 38
Value Held: $300.5M
Shares Held: 20.7M
Avg Position: $7.9M
Median Position: $1.7M

Ownership Breakdown

Institutional (non-HF)

59.95%

$2.4B

Hedge Funds

7.37%

$300.5M

Retail & Other

32.67%

$1.3B

Based on market cap of $4.1B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CLSK as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$644.3M 0.01% of portfolio	15.81% 44.4M shares	Q3 2020 Held for 5y 2m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$377.8M 0.01% of portfolio	9.27% 26.1M shares	Q3 2020 Held for 5y 2m	$6.69T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$159.8M 0.01% of portfolio	3.92% 11.0M shares	Q4 2020 Held for 4y 11m	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$108.6M 0.01% of portfolio	2.66% 7.5M shares	Q3 2020 Held for 5y 2m	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$91.8M 0.01% of portfolio	2.25% 6.3M shares	Q2 2020 Held for 5y 5m	$1.65T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$65.0M 0.01% of portfolio	1.59% 4.5M shares	Q2 2021 Held for 4y 5m	$633.08B
Toroso Investments, LLC ETF Provider	Guillermo Trias CEO	$63.3M 0.27% of portfolio	1.55% 4.4M shares	Q3 2022 Held for 3y 2m	$23.2B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$62.5M 0.01% of portfolio	1.53% 4.3M shares	Q3 2022 Held for 3y 2m	$466.32B
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	David Spiel Vogel CEO	$56.1M 0.19% of portfolio	1.38% 3.9M shares	Q3 2025 Held for 2 months	$29.8B
D D. E. Shaw & Co., Inc. Institution	-	$51.6M 0.04% of portfolio	1.27% 3.6M shares	Q2 2023 Held for 2y 5m	$115.81B

Net Capital Flow

Institutional buying and selling activity for CLSK in Q3 2025

Traded: +$301.6M
Buyers: 181
Sellers: 130
Total Bought: +$492.6M
Total Sold: −$191.0M
Avg Position: $7.6M

Biggest Buyers

Institution	Net Bought	Current Position
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	+$56.1M +3.9M shares	$56.1M 3.9M shares
D D. E. Shaw & Co., Inc. Institution	+$51.6M +3.6M shares	$51.6M 3.6M shares
B Beryl Capital Management LLC Hedge Fund•Event Driven	+$29.3M +2.0M shares	$29.3M 2.0M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	+$28.4M +2.0M shares	$28.4M 2.0M shares
N NOMURA HOLDINGS INC Institution	+$24.7M +1.7M shares	$24.7M 1.7M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$22.7M +1.6M shares	$62.5M 4.3M shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	+$20.7M +1.4M shares	$25.1M 1.7M shares
Azora Capital LP Hedge Fund•Long/Short	+$15.3M +1.1M shares	$15.3M 1.1M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$15.0M +1.0M shares	$23.2M 1.6M shares
S Squarepoint Ops LLC Hedge Fund•Quant	+$13.5M +929.1K shares	$23.3M 1.6M shares

Biggest Sellers

Institution	Net Sold	Current Position
MORGAN STANLEY RIA/Wealth	−$60.7M −4.2M shares	$91.8M 6.3M shares
UBS Group AG Institution	−$20.3M −1.4M shares	$28.7M 2.0M shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$13.2M −912.6K shares	$21.8M 1.5M shares
VAN ECK ASSOCIATES CORP ETF Provider	−$12.4M −853.2K shares	$30.8M 2.1M shares
R ROYAL BANK OF CANADA Institution	−$10.8M −747.9K shares	$15.6M 1.1M shares
Fort Point Capital Partners, LLC Fund of Funds	−$7.3M −504.1K shares	$16.1M 1.1M shares
Intrinsic Edge Capital Management LLC Hedge Fund•Multi-Strategy	−$6.8M −470.0K shares	$1.7M 114.7K shares
GOLDMAN SACHS GROUP INC Institution	−$4.8M −333.9K shares	$47.8M 3.3M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$4.8M −328.7K shares	$7.0M 483.6K shares
N NATIONAL BANK OF CANADA /FI/ Institution	−$4.2M −378.7K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited CLSK in Q3 2025

New Positions: 34
New Value: $60.3M
Exited Positions: 41
Exited Value: $21.8M

New Positions

Institution	Position Value
B Beryl Capital Management LLC Hedge Fund•Event Driven	$29.3M 2.0M shares
Azora Capital LP Hedge Fund•Long/Short	$15.3M 1.1M shares
Summit Financial, LLC RIA/Wealth	$4.0M 277.2K shares
Aurelius Capital Management, LP Hedge Fund•Distressed	$3.0M 207.4K shares
C Colony Group, LLC Institution	$1.9M 46.9K shares
Bridgewater Associates, LP Hedge Fund•Global Macro	$937.4K 64.6K shares
SummitTX Capital, L.P. Hedge Fund•Multi-Strategy	$800.9K 55.2K shares
A AM INVESTMENT STRATEGIES LLC RIA/Wealth	$774.3K 53.4K shares
L LPL Financial LLC Institution	$735.5K 50.7K shares
V VIRGINIA RETIREMENT SYSTEMS ET AL Institution	$578.6K 39.9K shares

Exited Positions

Institution	Previous Position
N NATIONAL BANK OF CANADA /FI/ Institution	$4.2M 378.7K shares
Private Advisor Group, LLC RIA/Wealth	$3.1M 284.5K shares
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Market Neutral	$3.1M 284.0K shares
OZ MANAGEMENT LP Hedge Fund•Multi-Strategy	$2.2M 200.0K shares
S State of New Jersey Common Pension Fund D Institution	$2.1M 190.8K shares
TITLEIST ASSET MANAGEMENT, LLC RIA/Wealth	$1.4M 126.6K shares
Scientech Research LLC Hedge Fund•Market Neutral	$709.0K 64.3K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$548.3K 49.7K shares
T TWO SIGMA SECURITIES, LLC Institution	$481.6K 43.7K shares
S Sloy Dahl & Holst, LLC RIA/Wealth	$443.1K 40.2K shares

Options Activity

Institutions with the largest Call and Put options positions in CLSK as of Q3 2025

Call Positions: 34
Call Value: $535.1M
Put Positions: 26
Put Value: $391.7M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$187.5M 129.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$107.2M 74.0K contracts
J JANE STREET GROUP, LLC Institution	$44.0M 30.4K contracts
LEUCADIA NATIONAL CORP Institution	$36.3M 25.0K contracts
W WOLVERINE TRADING, LLC Institution	$21.5M 14.5K contracts
P PEAK6 LLC Institution	$16.5M 11.4K contracts
Centiva Capital, LP Hedge Fund•Multi-Strategy	$14.2M 9.8K contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$14.1M 9.7K contracts
D D. E. Shaw & Co., Inc. Institution	$9.9M 6.8K contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$9.6M 6.6K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$119.6M 82.5K contracts
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$80.9M 55.8K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$55.9M 38.5K contracts
J JANE STREET GROUP, LLC Institution	$29.7M 20.5K contracts
GOLDMAN SACHS GROUP INC Institution	$25.4M 17.5K contracts
D D. E. Shaw & Co., Inc. Institution	$15.7M 10.8K contracts
P PEAK6 LLC Institution	$10.5M 7.3K contracts
Centiva Capital, LP Hedge Fund•Multi-Strategy	$8.6M 6.0K contracts
Walleye Trading LLC RIA/Wealth	$8.4M 5.8K contracts
W WOLVERINE TRADING, LLC Institution	$7.8M 5.2K contracts

Most Committed Institutions

Institutions with CLSK as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
B Beryl Capital Management LLC Hedge Fund•Event Driven	David Alexander Witkin CEO	56.38% $29.3M	0.72% 2.0M shares	Q3 2025 Held for 2 months	$52.0M
West Oak Capital, LLC RIA/Wealth	Lisa Tyler Snider Executive	22.87% $20.9K	0.00% 6.3K shares	Q4 2023 Held for 1y 11m	$91.2K
Aurelius Capital Management, LP Hedge Fund•Distressed	Mark David Brodsky Chairman	5.45% $3.0M	0.07% 207.4K shares	Q3 2025 Held for 2 months	$55.2M
SHARIAPORTFOLIO, INC. RIA/Wealth	Aliredha Munir Walji CEO	3.08% $8.1M	0.20% 555.8K shares	Q3 2023 Held for 2y 2m	$261.3M
Fort Point Capital Partners, LLC Fund of Funds	Timothy Todd Mcdowell Managing Partner	2.07% $16.1M	0.39% 1.1M shares	Q4 2024 Held for 11 months	$775.7M
X-Square Capital, LLC Long Only Manager	Ignacio Manuel Canto President	0.95% $2.9M	0.07% 200.0K shares	Q3 2025 Held for 2 months	$306.2M
Maridea Wealth Management LLC RIA/Wealth	Sean Yuxiang Sun President	0.83% $5.3M	0.09% 260.9K shares	Q4 2024 Held for 11 months	$640.8M
Azora Capital LP Hedge Fund•Long/Short	Ravi (Nmn) Chopra CIO	0.71% $15.3M	0.38% 1.1M shares	Q3 2025 Held for 2 months	$2.2B
N Neo Ivy Capital Management Hedge Fund•Quant	Ranting Yao CIO	0.52% $2.1M	0.05% 147.5K shares	Q1 2025 Held for 8 months	$410.0M
B BIT Capital GmbH Institution	-	0.46% $10.0M	0.25% 689.2K shares	Q4 2021 Held for 3y 11m	$2.2B

Hedge Fund Spotlight

Discover hedge funds investing in CLSK

Squarepoint Ops LLC

Hedge Fund • Quant

Portfolio ManagerMichael Gottlieb

Portfolio Value: $46.9B
Positions: 2,529
Last Reported: Q3 2025

Sector Allocation

Position in CleanSpark

Market Value: $23.3M
Shares Held: 1.6M
Portfolio Weight: 0.05%
Owned Since: 2024-Q1

Top Holding	Sector	Market Value	Weight
1 iShares Core S&P 500 ETF IVV	ETF ETF	$5.5B	11.75%
2 Amazon AMZN	Specialty Retail Consumer Cyclical	$983.1M	2.10%
3 Nvidia NVDA	Semiconductors Technology	$935.8M	2.00%