Institutional Manager · CIK 0002017172
Multicoin Capital Management, LLC
AUSTIN, TX · File #028-24060
Latest AUM
$114.4M
Positions
4
Top-10 Concentration
100.0%
Filings
12
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | GRAYSCALE BITCOIN TRUST ETF | GBTC | -1,019,557 | -$69.7M | -$28.3M |
| NEW | BITWISE SOLANA STAKING ETF | BSOL | +1,890,000 | +$31.0M | $0 |
| REDUCE | FORWARD INDS INC N Y | 349862409 | 0 | $0 | -$89.7M |
| REDUCE | GRAYSCALE BITCOIN MINI TRET | 389930207 | 0 | $0 | -$3.1M |
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20254 pos · $114.4M
- 13F HOLDINGS REPORTQ/E Sep 20253 pos · $274.3M
- 13F HOLDINGS REPORTQ/E Jun 20252 pos · $124.8M
- 13F HOLDINGS REPORTQ/E Mar 20252 pos · $95.8M
- 13F HOLDINGS REPORT (Amended)Q/E Dec 20241 pos · $336,627
- 13F HOLDINGS REPORT (Amended)Q/E Dec 20241 pos · $378,762
- 13F HOLDINGS REPORT (Amended)Q/E Dec 20241 pos · $373,718
- 13F HOLDINGS REPORTQ/E Dec 20243 pos · $374.0M
- 13F HOLDINGS REPORTQ/E Sep 20243 pos · $264.4M
- 13F HOLDINGS REPORTQ/E Jun 20242 pos · $307.7M
- 13F HOLDINGS REPORTQ/E Mar 20242 pos · $300.6M
- 13F HOLDINGS REPORTQ/E Mar 20242 pos · $112.4M
Top 4 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | FORWARD INDS INC N Y | 349862409 | 7,947,843 | $52.5M | 45.91% |
| 2 | BITWISE SOLANA STAKING ETF | BSOL | 1,890,000 | $31.0M | 27.09% |
| 3 | GRAYSCALE BITCOIN TRUST ETF | GBTC | 302,251 | $20.7M | 18.06% |
| 4 | GRAYSCALE BITCOIN MINI TRET | 389930207 | 264,361 | $10.2M | 8.95% |