Managers / Q1 2026
CoinFund Management LLC
CIK 0002087493 · 287 PARK AVENUE SOUTH, SUITE 520, NEW YORK, NY, 10010 · 646-934-6177
Summary
Coinfund Management LLC reported $35M in U.S.-listed holdings across 9 positions for Q1 2026.
The portfolio is heavily concentrated: ORBS alone accounts for 43.0% of reported value.
Compared with Q4 2025, the fund opened 3 new positions and exited 10.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 58.4% · $21M
- Other · 41.6% · $15M
- Equity WRT · 0.0% · $7,926
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| FUTURECREST ACQUISITION CORP | NEW | +703.8K | 703.8K | +$7M | $7M |
| MSTRSTRATEGY INC | NEW | +5.7K | 5.7K | +$708,864 | $708,864 |
| SKYAWSHARPS TECHNOLOGY INC | NEW | +215.4K | 215.4K | +$7,926 | $7,926 |
| HSDTSOLANA CO | SOLD OUT | −726.6K | 0 | −$2M | $0 |
| DYNAMIX CORP | SOLD OUT | −166.0K | 0 | −$2M | $0 |
| AVAX ONE TECHNOLOGY LTD | SOLD OUT | −1.06M | 0 | −$2M | $0 |
| IBITISHARES BITCOIN TRUST ETF | SOLD OUT | −26.3K | 0 | −$1M | $0 |
| MOUNTAIN LAKE ACQUISITION CO | SOLD OUT | −105.0K | 0 | −$1M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ORBSEIGHTCO HOLDINGS INChistory → | COM | 42.98% | $15M | 16.31M |
| 2 | FUTURECREST ACQUISITION CORP | UNIT 99/99/9999 · *W EXP 09/30/203 · CL A ORD SHS | 24.71% | $9M | 953.8K |
| 3 | MOUNTAIN LAKE ACQUISITION CO | SHS CL A | 16.85% | $6M | 566.0K |
| 4 | BMNRBITMINE IMMERSION TECNOLOGIEhistory → | COM NEW | 12.14% | $4M | 217.2K |
| 5 | MSTRSTRATEGY INChistory → | CL A NEW | 2.00% | $708,864 | 5.7K |
| 6 | BKKTBAKKT HOLDINGS INChistory → | COM CL A NEW | 1.29% | $457,034 | 62.1K |
| 7 | SKYAWSHARPS TECHNOLOGY INC | *W EXP 99/99/999 | 0.02% | $7,926 | 215.4K |
Filing History
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.