DXYZ - Destiny Tech100

What this means for you

One large investor owns more than 5% of this fund but has told the regulator it is not seeking changes. That is common for banks, brokers and index funds that hold shares for their clients.

Nothing is required of you. If an investor changes its mind, it must file a new notice within days, and it will show up here.

Email me if this changes

What happened, and when

1. Aug 31, 2026

   The fund said it may sell new shares.

   Original document →

2. Aug 28, 2026

   The fund said it may sell new shares.

   Original document →

3. Aug 14, 2026

   J. Goldman & Co LP now owns 5.6%, as a passive investor.

   Original document →

4. May 26, 2026

   The fund said it may sell new shares.

   Original document →

5. May 26, 2026

   The fund said it may sell new shares.

   Original document →

About this fund

• Run by Destiny Advisors LLC. As of Dec 31, 2025, from the fund's yearly report. Original document →
• Size: about $1.63 billion of holdings, as of June 30, 2026. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund does not borrow. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 2.2% a year in management fees; 4.5% a year in total, including interest on borrowed money. Fiscal year ended Dec 31, 2025. As of Dec 31, 2025, from the fund's yearly report. Original document →
• Payouts: last fiscal year (ended Dec 31, 2024) the fund paid nothing out. Most funds announce their monthly or quarterly payout on their own website, not in a filing with the regulator, so a cut or a raise there does not show up here until the next yearly report. A few funds do file a notice about a fixed payout; those appear under What happened, and when. As of Dec 31, 2024, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (Dec 31, 2025): $19.93. The shares traded at $30.63, about 53.7% above that. As of Dec 31, 2025, from the fund's yearly report. Original document →
• How the holdings did: down 3.8% over the last three months we have (April-June 2026), before the share price is taken into account. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• First reported to the regulator in 2021.

How this has changed

• Payouts per share: nothing in the fiscal year ended Dec 31, 2024; nothing in the year ended Dec 31, 2023.As of Dec 31, 2024, from the fund's annual report. Original document →
• None of those payouts was your own money back; all of it was income or gains.As of Dec 31, 2024, from the fund's annual report. Original document →
• Size of the holdings: about $70 million at Dec 31, 2024; $52.6 million at Dec 31, 2023. From the fund's quarterly holdings reports. Original documents: Dec 31, 2024 →, Dec 31, 2023 →.
• Borrowing: none at Dec 31, 2024; none at Dec 31, 2023. From the fund's quarterly holdings reports. Original documents: Dec 31, 2024 →, Dec 31, 2023 →.
• The fund had about 10.9 million shares at Dec 31, 2024, about the same as at Dec 31, 2023.As of Dec 31, 2024, from the fund's annual report. Original document →

What these lines mean: a payout that is your own money back, what a fund costs, borrowing.

What a holder made

• The year ended Dec 31, 2024: the shares returned +613.5%, counting payouts; the holdings +33.1%. The holdings figure is what the fund's investments earned, before the share price is taken into account. As of Dec 31, 2024, from the fund's annual report. Original document →
• The year ended Dec 31, 2023: the shares returned -7.3%, counting payouts. As of Dec 31, 2023, from the fund's annual report. Original document →
• Those two years together: the shares returned +561.4%. $10,000 of shares bought at the start (Jan 1, 2023) would have become about $66,100 by Dec 31, 2024, with every payout counted, before tax. As of Dec 31, 2024, from the fund's annual report. Original document →
• The holdings over the last twelve months we have, to June 30, 2026: +142.4%. The quarterly reports carry no share price, so this is the holdings alone. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• A past year says nothing about the next one. All figures are the fund's own, from its reports to the regulator.

Why the shares and the holdings can differ: the gap between price and value. Why payouts count: a payout that is your own money back.

What the fund holds

Mostly cash and short-term holdings (57%), the rest other holdings, preferred shares and shares. About 99% issued in the U.S.

1. Cash and short-term - 57.5%
2. Magnitude ANC III, LLC (economic exposure to Anthropic PBC Series B Preferred Shares) - 14.4%
3. DXYZ SpaceX I LLC (economic exposure to Space Exploration Technologies Corp. Class A Common Stock) class A shares - 7.1%
4. Goanna Capital 26E LLC (invested in OpenAI Group PBC Series C Preferred Stock) - 2.1%
5. SP21Z Opportunities LLC (invested in OpenEvidence Inc. Common Stock) - 2.1%
6. MWAM VC SpaceX-II, LLC (economic exposure to Space Exploration Technologies Corp. Class A Common Stock) class A shares - 2%
7. Snowpoint Growth 2.5, LLC (invested in Shield AI Inc. Series F1 Preferred Stock) - 1.8%
8. Snowpoint Growth 2.6, LLC (invested in Space Exploration Technologies Corp. Class A Common Stock) class A shares - 1.5%
9. Revolut Group Holdings Ltd. - 1%
10. WH Strategic Opportunities Fund V LP (invested in Chaos Industries, Inc. Series D Preferred Stock) - 1%

As of June 30, 2026, from the fund's quarterly holdings report. Original document →