MC
Multicoin Capital Management, LLC
High-turnover traderConcentrated strategySector-focused
Total reported value
$75.9M
Reporting period: 2026-03-31 · Number of holdings: 3
Multicoin Capital Management, LLC disclosed 3 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $75.9M and a quarterly turnover rate of 156.1%.
Personality snowflake
- Concentration
- 100
- Portfolio Stability
- 100
- Momentum/Contrarian
- 0
- Sector conviction
- 100
- Diversification
- 6
- Sizing Uniformity
- 92.1
Recent moves
Add BSOL
0.0% -$10.1M
Sold out 23I
New buy HOOD
Sold out GBTC
Sold out BTC
New buy FWDI
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | HOOD | Robinhood Markets INC - A | Stock-Financials | 62.08% | +62.08% | NEW | |
| 2 | BSOL | Bitwise Solana Staking ETF | ETF-Other | 27.51% | +0.42% | — | |
| 3 | FWDI | Forward Industries INC | Stock-Other | 10.41% | +10.41% | NEW |
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 3 | $75.9M | 100 | |
| 2025-12-31 | 4 | $114.4M | 100 | |
| 2025-09-30 | 3 | $274.3M | 89 | |
| 2025-06-30 | 2 | $124.8M | 0 | |
| 2025-03-31 | 2 | $95.8M | 0 | |
| 2024-12-31 | 3 | $374.0M | 0 | |
| 2024-09-30 | 3 | $264.4M | 0 | |
| 2024-06-30 | 2 | $307.7M | 0 | |
| 2024-03-31 | 2 | $300.6M | 0 | |
| 2023-12-31 | 2 | $112.4M | 0 | 1COIN205759B |
Holding changes this quarter
Multicoin Capital Management, LLC's most significant position changes for 2026-03-31: Sold out: Forward Industries INC (23I); New buy: Robinhood Markets INC - A (HOOD); Sold out: Grayscale Bitcoin Trust ETF (GBTC); Sold out: Grayscale Bitcoin Mini ETF (BTC); New buy: Forward Industries INC (FWDI).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | BSOL | Bitwise Solana Staking ETF | +0.4% | — | Unchanged |
| 2 | 23I | Forward Industries INC | — | EXIT | Sold out |
| 3 | HOOD | Robinhood Markets INC - A | — | NEW | New buy |
| 4 | GBTC | Grayscale Bitcoin Trust ETF | — | EXIT | Sold out |
| 5 | BTC | Grayscale Bitcoin Mini ETF | — | EXIT | Sold out |
| 6 | FWDI | Forward Industries INC | — | NEW | New buy |
FAQ
What is Multicoin Capital Management, LLC and what type of investor is it?
Multicoin Capital Management, LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $75.9M, spread across 3 disclosed positions.
What are Multicoin Capital Management, LLC's largest equity positions?
Based on the latest 13F filing, Multicoin Capital Management, LLC's top holdings by market value are:
1. Robinhood Markets INC - A (HOOD) — $47.1M (62.1%)
2. Bitwise Solana Staking ETF (BSOL) — $20.9M (27.5%)
3. Forward Industries INC (FWDI) — $7.9M (10.4%)
What changes did Multicoin Capital Management, LLC make in its most recent portfolio filing?
In the latest reported quarter, Multicoin Capital Management, LLC made 5 notable position adjustments: 2 new positions were initiated, 0 existing holdings were added to, 0 positions were partially reduced, and 3 were completely exited. The largest of these moves: Sold out: Forward Industries INC (23I); New buy: Robinhood Markets INC - A (HOOD); Sold out: Grayscale Bitcoin Trust ETF (GBTC); Sold out: Grayscale Bitcoin Mini ETF (BTC); New buy: Forward Industries INC (FWDI)
What sectors does Multicoin Capital Management, LLC focus on?
Multicoin Capital Management, LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Financials: 100.0%