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Riversedge Advisors LLC Purchases New Holdings in Grayscale Digital Large Cap Fund LLC $GDLC

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Key Points

  • Riversedge Advisors LLC bought a new position of 112,313 shares in Grayscale Digital Large Cap Fund (OTCMKTS: GDLC) in Q4, valued at about $4.64 million, representing ~0.8% of Riversedge's portfolio and the firm's 23rd largest holding.
  • GDLC is an open-end Grayscale vehicle providing diversified large-cap cryptocurrency exposure (e.g., Bitcoin, Ethereum) traded OTC; shares opened at $32.25 with a 50-day/200-day moving average of $35.17/$44.04 and a 12-month range of $28.49–$61.89.
  • MarketBeat previews top five stocks to own in May.

Riversedge Advisors LLC acquired a new position in Grayscale Digital Large Cap Fund LLC (OTCMKTS:GDLC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 112,313 shares of the company's stock, valued at approximately $4,641,000. Grayscale Digital Large Cap Fund comprises approximately 0.8% of Riversedge Advisors LLC's investment portfolio, making the stock its 23rd largest position. Riversedge Advisors LLC owned 0.86% of Grayscale Digital Large Cap Fund as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of GDLC. Wolff Wiese Magana LLC acquired a new stake in shares of Grayscale Digital Large Cap Fund in the 3rd quarter valued at $29,000. US Bancorp DE bought a new stake in shares of Grayscale Digital Large Cap Fund during the third quarter worth $35,000. Clearstead Advisors LLC acquired a new position in shares of Grayscale Digital Large Cap Fund during the third quarter valued at $39,000. SOA Wealth Advisors LLC. acquired a new position in shares of Grayscale Digital Large Cap Fund during the third quarter valued at $40,000. Finally, Rothschild Investment LLC bought a new position in Grayscale Digital Large Cap Fund in the third quarter valued at about $56,000.

Grayscale Digital Large Cap Fund Trading Down 0.4%

Shares of GDLC stock opened at $32.25 on Friday. The stock has a 50-day moving average price of $35.17 and a 200 day moving average price of $44.04. Grayscale Digital Large Cap Fund LLC has a 12 month low of $28.49 and a 12 month high of $61.89.

Grayscale Digital Large Cap Fund Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Grayscale Digital Large Cap Fund (OTCMKTS:GDLC)

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