13F

Position

Fidelity in Coinbase Global, Inc.

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark −$77.6M$3.47$1.73

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 202561.5M$341.4M0.0%
Q1 202685.2M$295.6M$3.47−$127.8M$82M0.0%
Q2 202644.4M$76.7M$1.73−$77.6M−$141.4M0.0%