DXYZ
Destiny Tech100DXYZ
DXYZ
About: Destiny Tech100 Inc is a non-diversified, closed-end management investment company. It invests in a portfolio of what is believed to be 100 of the top venture-backed private technology companies.
0
Funds holding %
of 7,398 funds
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Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
576% more capital invested
Capital invested by funds: $3.5M [Q3] → $23.7M (+$20.2M) [Q4]
192% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 13
78% more funds holding
Funds holding: 32 [Q3] → 57 (+25) [Q4]
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
0.6% more ownership
Funds ownership: 3.12% [Q3] → 3.72% (+0.6%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for DXYZ.
Financial journalist opinion
Neutral
Business Wire
1 day ago
Destiny Tech100 Inc. Reports Fourth Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Destiny Tech100 Inc. (NYSE: DXYZ) recently announced financial results for the quarter ended December 31, 2024. The fund reported a net asset value (NAV) of $6.44 per share of common stock, an increase from $5.32 per share at the end of the third quarter. As of December 31, 2024, Destiny Tech100's investment portfolio had an aggregate fair value of approximately $70.9 million, including short-term investments. The fund maintains positions in a variety of privately-hel.
Negative
Seeking Alpha
1 month ago
Very Bad News For Closed-End Funds
Closed-end funds offer unique opportunities due to their discount/premium mechanisms, allowing share prices to deviate from net asset value per share in a wild manner. In general, CEFs often provide diverse exposure across equity and fixed-income portfolios, and they even offer exposure to hybrid portfolios, but also allowing for sector-specific exposure. One important note is that not all premiums or discounts indicate a buying or selling opportunity; instead, it can make more sense to examine relative value over historical periods.
Neutral
Seeking Alpha
2 months ago
Don't Overpay For SpaceX
SpaceX's recent achievements highlight a new era of innovation, making it a compelling investment but caution against overpaying is crucial. I sold my stake in Destiny due to its indefensible premium; recommend others do the same and reinvest wisely. For SpaceX exposure, consider ERShares Private-Public Crossover ETF, which offers better value and allocation compared to Destiny.
Neutral
Seeking Alpha
2 months ago
Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025
The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have seen significantly narrowed discounts along with taxable fixed-income, though municipal bond funds look relatively attractive after widening discounts in December. We are screening for funds with the deepest discounts and widest z-scores to find potential buys and funds that may be getting a bit pricey as sell candidates.
Neutral
Forbes
3 months ago
Buying SpaceX Stock Has Never Been Easier, But Beware The Risks
SpaceX, Elon Musk's visionary aerospace company, has become synonymous with innovation. From reusable rockets to the Starlink satellite internet network, SpaceX is transforming industries and cementing its place as a leader in space exploration.
Negative
Seeking Alpha
3 months ago
Destiny Tech 100: From The Dark Side To The Absurd
On September 11, 2024, I referred to Destiny Tech 100 as the Dark Side of Investment Democratization. More power to more investors is great for many, but that creates more opportunities to do more damage to more portfolios—DXYZ is now priced dangerously high. Since then, DXYZ has gotten dicier: The collective auras of Donald Trump, Elon Musk and SpaceX drove the stock to the point of violating basic mathematics.
Positive
24/7 Wall Street
4 months ago
SpaceX Is the Hottest Stock to Own. Here's How to Invest In This Private Company
Investors seeking to benefit from Elon Musk's ties to Donald Trump post-election face limited options.
Neutral
Business Wire
4 months ago
Destiny Tech100 Inc. Reports Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Destiny Tech100 Inc. (NYSE: DXYZ) today announced financial results for the quarter ended September 30, 2024. The fund reported a net asset value (NAV) of $5.32 per share of common stock, an increase from $5.15 per share at the end of the second quarter. As of September 30, 2024, Destiny Tech100's investment portfolio had an aggregate fair value of approximately $58.2 million, including short-term investments. The fund maintains positions in a variety of privately-hel.
Positive
24/7 Wall Street
4 months ago
The Ultimate Trump Trade ETF Worth Buying in November
A Donald Trump rally in the stock market is becoming evident, with a number of top companies tied to the likes of Elon Musk (and other CEOs who have supported Trump, or in sectors the re-elected president is likely to support) surging over the course of the past week.
Positive
24/7 Wall Street
4 months ago
SpaceX Stock: The Destiny Tech100 ETF Could Surge 100% Over the Next Year
Donald Trump's recent election victory has sparked a stock market surge, with most major risk assets rising as investors look to take advantage of what can only be described as a wave of euphoria hitting the tape.
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