Institutional
Multicoin Capital Management, LLC
CIK 0002017172
$75.9M
Reported AUM
3
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Multicoin Capital Management, LLC · Q1 2026
AI · grounded in 13F
Multicoin Capital Management, LLC closed its position in FORWARD INDS INC N Y 23I, reducing exposure by $52.5M. The fund established a new position in ROBINHOOD MKTS INC HOOD valued at $47.1M and added FORWARD INDUSTRIES INC FWDI with a $7.9M investment. Additionally, the fund exited its holdings in GRAYSCALE BITCOIN TRUST ETF GBTC and GRAYSCALE BITCOIN MINI TRET BTC, totaling a combined reduction of $30.9M.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HOOD | ROBINHOOD MKTS INC | $82.47 | -6.63% | 10.14% | 86.08% | $47.1M | 62.08% | +680,100 | NEW |
| 2 | BSOL | BITWISE SOLANA STAKING ETF | $8.59 | -8.03% | -65.10% | -52.25% | $20.9M | 27.51% | — | HELD |
| 3 | FWDI | FORWARD INDUSTRIES INC | $3.69 | -7.05% | -43.92% | -85.92% | $7.9M | 10.41% | +1,783,519 | NEW |
| 4 | 23I | FORWARD INDS INC N Y | — | — | — | — | — | — | −7,947,843 | EXITED |
| 5 | GBTC | GRAYSCALE BITCOIN TRUST ETF | $46.80 | -5.15% | -43.09% | 49.15% | — | — | −302,251 | EXITED |
| 6 | BTC | GRAYSCALE BITCOIN MINI TRET | $26.69 | -5.02% | -42.22% | 2.65% | — | — | −264,361 | EXITED |
Source: SEC EDGAR · accession 0002017172-26-000004. 13F discloses long positions only — shorts, foreign equities, and options are excluded.