Stocks/Funds/CIK 2017172

Multicoin Capital Management, LLC

microcap filerconcentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 2017172
Assets
$76M
-20.7% YoY
Holdings
3
Lifetime alpha vs market
+0.00% annual
Average hold time
0.3 yr
median 0.3 yr

Quarterly history

Cum return +21% vs S&P +20% · α +1% lifetimeAUM $76M · peak $374MFlow $-39M (-34%)2023-122024-062024-122025-062025-122026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+7.77%
adds when stocks drop
when a holding falls −10%+
Middle response
Rally response
+7.04%
adds into rallies
when a holding rises +10%+

Top positions · 3

Ticker$ value% portYoYHold time
HOODRobinhood Markets, Inc.$47M62.1%+66.5%0.3 yr
BSOLBitwise Solana Staking E$21M27.5%0.5 yr
FWDIForward Industries, Inc.$8M10.4%0.3 yr

Portfolio composition (YoY)

Industry mix
Financial - Capital Markets62.1%$47M
Asset Management27.5%+17.4pp$21M
Apparel - Footwear & Accessories10.4%$8M
Country
US100.0%+0.0pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %

Losers

TickerPrev $PnLYoY %

Top buys this quarter · 2

HOOD Robinhood Markets, Inc.new+$47M
FWDI Forward Industries, Inc.new+$8M

Top sells this quarter · 3

FORD Forward Industries, Inc.exit$0M
GBTC Grayscale Bitcoin Trust ETFexit$0M
BTC Grayscale Bitcoin Mini Trust Eexit$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$76M3-0.04B
2025-12-31$114M4-0.16B
2025-09-30$274M3+0.15B
2025-06-30$125M2+0.03B
2025-03-31$96M2-20.60%+8.30%-28.91%-0.22B
2024-12-31$374M3+42.72%+24.89%+17.84%+0.01B
2024-09-30$264M3-19.78%+5.75%-25.53%+0.02B
2024-06-30$308M3-16.14%+4.38%-20.51%+0.06B
2024-03-31$301M3+52.22%+10.39%+41.83%+0.13B
2023-12-31$113M3