Grayscale Digital Large Cap Fund LLC $GDLC Shares Sold by Formidable Asset Management LLC

Formidable Asset Management LLC reduced its position in shares of Grayscale Digital Large Cap Fund LLC (OTCMKTS:GDLC) by 62.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,168 shares of the company’s stock after selling 18,657 shares during the period. Formidable Asset Management LLC’s holdings in Grayscale Digital Large Cap Fund were worth $348,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Farallon Capital Management LLC acquired a new position in shares of Grayscale Digital Large Cap Fund during the third quarter valued at approximately $47,582,000. Virtu Financial LLC acquired a new stake in shares of Grayscale Digital Large Cap Fund in the third quarter worth approximately $10,449,000. Riversedge Advisors LLC acquired a new stake in shares of Grayscale Digital Large Cap Fund in the fourth quarter worth approximately $4,641,000. Rehmann Capital Advisory Group increased its position in shares of Grayscale Digital Large Cap Fund by 8.6% during the fourth quarter. Rehmann Capital Advisory Group now owns 107,338 shares of the company’s stock worth $4,431,000 after purchasing an additional 8,542 shares in the last quarter. Finally, Pathstone Holdings LLC purchased a new stake in shares of Grayscale Digital Large Cap Fund during the third quarter worth approximately $3,363,000.

Grayscale Digital Large Cap Fund Price Performance

OTCMKTS GDLC opened at $27.07 on Tuesday. The business has a fifty day moving average price of $32.17 and a 200 day moving average price of $34.84. Grayscale Digital Large Cap Fund LLC has a one year low of $25.97 and a one year high of $61.89.

Grayscale Digital Large Cap Fund Company Profile

Grayscale Digital Large Cap Fund (OTCMKTS: GDLC) is a digital asset investment vehicle designed to offer investors diversified exposure to large-cap cryptocurrencies through a single, publicly traded instrument. Managed by Grayscale Investments, the fund seeks to track a market-capitalization-weighted index of leading digital assets, providing access to a basket of prominent tokens such as Bitcoin, Ethereum and other top-tier digital currencies. Shares of the fund are traded over the counter, allowing both institutional and individual investors to gain regulated exposure to the crypto asset class without directly holding underlying tokens.

As an open-end grantor trust, GDLC acquires and securely stores its portfolio of digital assets on behalf of shareholders, leveraging custodial arrangements and institutional-grade security protocols.