Multicoin Capital Management, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Multicoin Capital Management, LLC reported 3 stock positions worth $75.9 million. Its top holding was Robinhood Markets Class A (HOOD) at 62.1% of the portfolio, followed by Bitwise Solana Staking ETF (BSOL, 27.5%) and Forward Industries (FWDI, 10.4%). Compared with Q4 2025, it opened 1 new position, sold out of 2 and reduced 1. The biggest buy was a new position in Robinhood Markets Class A (HOOD) and the biggest sale Forward Industries (FWDI, shares −78%).

Most Recent 13F
Q2 2026
Location
AUSTIN, TX
CIK
0002017172
Portfolio Value
$75.9M (Q1 2026)
SEC Filing
0002017172-26-000004 ↗ filed May 15, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $300.9M Q1 2024 Q2 2024: $308.0M Q2 2024 Q3 2024: $264.4M Q3 2024 Q4 2024: $374.0M Q4 2024 Q1 2025: $95.8M Q1 2025 Q2 2025: $124.8M Q2 2025 Q3 2025: $274.3M Q3 2025 Q4 2025: $114.4M Q4 2025 Q1 2026: $75.9M $75.9M Q1 2026 Q2 2026: $165.1M Q2 2026

Holdings 3 stocks · $75.9M

HOOD Robinhood Markets Inc. Class A 62.08% 680,100 $47.1M New
BSOL Bitwise Solana Staking ETF 27.51% 1,890,000 $20.9M No change
FWDI Forward Industries Inc. 10.41% 1,783,519 $7.9M Reduce -77.6%

Portfolio Sells Q4 2025 → Q1 2026

FWDI Forward Industries Inc. Reduce -77.6% 10.41% −35.50
GBTC Grayscale Bitcoin Trust ETF Sold out 0.00% −18.06
BTC Grayscale Bitcoin Mini ETF Sold out 0.00% −8.95

Portfolio Buys Q4 2025 → Q1 2026

HOOD Robinhood Markets Inc. Class A New 62.08% +62.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2$165.1MHOOD, BSOL
Q1 2026 3$75.9MHOOD, BSOL, FWDI
Q4 2025 4$114.4MFWDI, BSOL, GBTC, BTC
Q3 2025 3$274.3MFWDI, GBTC, BTC
Q2 2025 2$124.8MGBTC, BTC
Q1 2025 2$95.8MGBTC, BTC
Q4 2024 3$374.0MCOIN, GBTC, BTC
Q3 2024 3$264.4MCOIN, GBTC, BTC
Q2 2024Amended 3$308.0MCOIN, GBTC, FOUR
Q1 2024Amended 3$300.9MCOIN, GBTC, FOUR