NPORT-EX 2 dxyz-soi.htm 5.24.24



               
Destiny Tech100 Inc.
              
Schedule of Investments
              
As of March 31, 2024 (Unaudited)
              
                   
Shares/ Principal Amount
  
Security
Acquisition Date
  
Cost
    
Fair Value
  
   
Private Investments, at fair value 101.10%
              
   
Agreement for Future Delivery of Common Shares 2.96%
              
   
Financial Technology 2.96%
              
 
1,540
  
Plaid, Inc. (a)(b)(c)(d)
02/15/22
  
$
1,110,340
    
$
284,900
  
 
49,075
  
Stripe, Inc. (a)(b)(c)(e)
01/10/22
    
3,478,813
      
1,346,618
  
     
Total Agreement for Future Delivery of Common Shares
      
4,589,153
      
1,631,518
  
                         
     
Common Stocks 67.89%
                  
     
Aviation/Aerospace 39.58%
                  
 
63,846
  
Relativity Space, LLC (a)(b)(c)(f)
12/28/21
    
1,659,996
      
1,447,389
  
 
9,100
  
Space Exploration Technologies Corp. (a)(b)(c)(g)
06/09/22
    
618,618
      
978,250
  
 
135,135
  
Space Exploration Technologies Corp. (a)(b)(c)(g)
06/27/22
    
10,009,990
      
14,527,013
  
 
47,143
  
Space Exploration Technologies Corp. (a)(b)(c)(g)
06/08/22
    
3,419,945
      
4,860,915
  
             
15,708,549
      
21,813,567
  
     
Education Services 2.89%
                  
 
106,136
  
ClassDojo, Inc. (a)(b)(c)
11/19/21
    
3,000,018
      
1,592,040
  
                         
     
Enterprise Software 4.61%
                  
 
88,885
  
Automation Anywhere, Inc. (a)(b)(c)
12/30/21
    
2,609,219
      
442,647
  
 
110,234
  
SuperHuman Labs, Inc. (a)(b)(c)
06/25/21
    
2,999,996
      
2,099,958
  
             
5,609,215
      
2,542,605
  
     
Financial Technology 13.25%
                  
 
90,952
  
CElegans Labs, Inc. (a)(b)(c)
11/23/21
    
2,999,977
      
1,251,500
  
 
3,077
  
Klarna Bank AB (a)(b)(c)
03/16/22
    
4,657,660
      
923,100
  
 
55,555
  
Public Holdings, Inc. (a)(b)(c)
07/22/21
    
999,990
      
777,770
  
 
8,200
  
Revolut Group Holdings Ltd. (a)(b)(c)
12/08/21
    
5,275,185
      
2,234,500
  
 
117,941
  
Brex, Inc. (a)(b)(c)(f)
03/02/22
    
4,130,298
      
2,122,938
  
             
18,063,110
      
7,309,808
  
     
Gaming/Entertainment 3.85%
                  
 
4,946
  
Epic Games, Inc. (a)(b)(c)(f)
12/31/21
    
6,998,590
      
2,121,834
  
                         
     
Mobile Commerce 2.99%
                  
 
44,181
  
Maplebear, Inc. (a)
09/27/23
    
6,419,399
      
1,647,509
  
                         
     
Social Media 0.53%
                  
 
1,069
  
Discord, Inc. (a)(b)(c)
03/01/22
    
724,942
      
293,975
  
                         
     
Supply Chain/Logistics 0.18%
                  
 
26,000
  
Flexport, Inc. (a)(b)(c)
03/29/22
    
520,000
      
99,060
  
     
Total Common Stocks
      
57,043,823
      
37,420,398
  
                         
     
Convertible Notes 4.38%
                  
     
Aviation/Aerospace 4.38%
                  
$
2,000,000
  
Boom Technology, Inc., 5.00% 01/09/2027 (b)(c)
02/18/22
    
2,000,000
      
2,416,000
  
     
Total Convertible Notes
      
2,000,000
      
2,416,000
  
                         
Destiny Tech100 Inc.
                  
Schedule of Investments (continued)
                  
As of March 31, 2024 (Unaudited)
                  
                         
Shares/ Principal Amount
  
Security
Acquisition Date
  
Cost
    
Fair Value
  
     
Preferred Stocks 14.83%
                  
     
Aviation/Aerospace 9.31%
                  
 
8,879
  
Axiom Space, Inc. Series C Preferred Stock (a)(b)(c)
01/18/23
  
$
1,499,929
    
$
1,499,929
  
 
21,517
  
Axiom Space, Inc. Series C-1 Preferred Stock (a)(b)(c)
12/22/21
    
3,179,754
      
3,634,867
  
             
4,679,683
      
5,134,796
  
                         
     
Financial Technology 3.65%
                  
 
45,455
  
Bolt Financial, Inc., Series C Preferred Stock (a)(b)(c)(f)
03/08/22
    
2,000,020
      
83,637
  
 
60,250
  
Chime Financial Inc. - Series A Preferred Stock (a)(b)(c)
12/30/21
    
5,150,748
      
1,180,298
  
 
176,886
  
Jeeves, Inc. - Series C Preferred Stock (a)(b)(c)
04/05/22
    
749,997
      
749,997
  
             
7,900,765
      
2,013,932
  
     
Food Products 1.22%
                  
 
52,000
  
Impossible Foods, Inc. - Series A Preferred Stock (a)(b)(c)
06/17/22
    
1,272,986
      
260,000
  
 
82,781
  
Impossible Foods, Inc. - Series H Preferred Stock (a)(b)(c)(f)
11/04/21
    
2,098,940
      
413,907
  
             
3,371,926
      
673,907
  
                         
     
Social Media 0.65%
                  
 
1,311
  
Discord, Inc. - Series G Preferred Stock (a)(b)(c)
03/01/22
    
889,055
      
360,525
  
     
Total Preferred Stocks
      
16,841,429
      
8,183,160
  
                         
     
Profit Participation Units 3.63%
                  
     
Artificial Intelligence 3.63%
                  
 
11,236
  
OpenAI Inc. (a)(b)(c)(h)
12/18/23
    
2,010,008
      
2,000,008
  
     
Total Profit Participation Units
      
2,010,008
      
2,000,008
  
                         
     
Short-Term Investments 7.39%
                  
     
Money Market 7.39%
                  
 
4,072,175
  
First American Treasury Obligations, Class X, 5.22% (i)
05/08/23
    
4,072,175
      
4,072,175
  
     
Total Short-Term Investments
      
4,072,175
      
4,072,175
  
                         
                         
                         
                         
     
Total Investments, at fair value — 101.10% (Cost $86,556,588)
            
$
55,723,259
  
     
Other Assets Less Liabilities ( -1.10%)
              
(605,393
)
     
Net Assets - 100.00%
            
$
55,117,866
  
                         
Destiny Tech100 Inc.
                  
Schedule of Investments (continued)
                  
As of March 31, 2024 (Unaudited)
                  
           
Cost
    
Fair Value
  
     
Securities by Country as a Percentage of Investments Fair Value
          
     
United States 94.33%
                  
     
Common Stocks
    
$
47,110,978
    
$
34,262,798
  
     
Convertible Notes
      
2,000,000
      
2,416,000
  
     
Preferred Stocks
      
16,841,429
      
8,183,160
  
     
Agreement for Future Delivery of Common Shares
      
4,589,153
      
1,631,518
  
     
Profit Participation Units
      
2,010,008
      
2,000,008
  
     
Money Market
      
4,072,175
      
4,072,175
  
     
Total United States
    
$
76,623,743
    
$
52,565,659
  
                         
     
United Kingdom 4.01%
                  
     
Common Stocks
      
5,275,185
      
2,234,500
  
     
Total United Kingdom
    
$
5,275,185
    
$
2,234,500
  
                         
     
Sweden 1.66%
                  
     
Common Stocks
      
4,657,660
      
923,100
  
     
Total Sweden
    
$
4,657,660
    
$
923,100
  
                         
(a) Non-income producing security.
                  
(b) Level 3 securities fair valued using significant unobservable inputs.
                  
(c) Restricted investments as to resale.
                  
(d) Investment is a Special Purpose Vehicles (“SPVs”) that holds multiple forward agreements that represent common shares of Plaid, Inc. Forward contracts involve the future delivery of shares of a portfolio company upon such securities becoming freely transferable or the removal of restrictions on transfer. The counterparties are shareholders of the portfolio company. Theaggregate total of the forward contracts for each SPV represents less than 5% of Fund’s net assets.
  
(e) Investment is a SPV that holds multiple forward agreements that represent common shares of Stripe, Inc. Forward contracts involve the future delivery of shares of a portfolio company upon such securities becoming freely transferable or the removal of restrictions on transfer. The counterparties are shareholders of the portfolio company. The aggregate total of the forward contracts represents less than 5% of the Fund’s net assets.
  
(f) These securities have been purchased through SPVs in which the Fund has a direct investment of ownership units. The shares, cost basis and fair value stated are determined based on the underlying securities purchased by the SPV and the Fund’s ownership percentage.
  
(g)These securities have been purchased through SPVs in which the Fund has a direct investment of ownership units. The shares, cost basis and fair value stated are determined based on the underlying securities purchased by the SPV and the Fund’s ownership percentage. The SPVs have either directly invested in SpaceX or indirectly invested in SpaceX through a SPV.
  
(h) This security has been purchased through an SPV in which the Fund has an indirect investment of participation units. The shares, cost basis and fair value stated are determined based on the underlying security purchased by the SPV and the Fund's ownership percentage. Prior to January 22, 2024, the security was listed under the Special Purpose Vehicles category as DXYZ OAI I LLC on the Schedule of Investments.
  
(i) Rate disclosed is the seven-day effective yield as of March 31, 2024.
                  
                         
LLC - Limited Liability Company
                  
LP - Limited Partnership
                  
Ltd. - Limited
                      



(1)
Restricted securities
 
Restricted securities are securities of privately-held companies that may be resold only upon registration under federal securities laws or in transactions exempt from such registration. In some cases, the issuer of restricted securities has agreed to register such securities for resale, at the issuer’s expense, either upon demand by the Fund or in connection with another registered offering of the securities. Many restricted securities may be resold in the secondary market in transactions exempt from registration. Such restricted securities may be determined to be liquid under criteria established by the Adviser. The restricted securities may be valued at the price provided by dealers in the secondary market or, if no market prices are available, the fair value as determined in good faith using methods approved by the Adviser. As of March 31, 2024, there is no expected date for such restrictions to be removed for the Fund’s restricted securities.
 
Additional information on each restricted investment held by the Fund on March 31, 2024 is as follows:
 
 Investments
Initial
Acquisition Date
 		  
Cost
      Fair Value     % of Net Assets
Automation Anywhere, Inc.
12/30/2021
 $
 2,609,219
   $
 442,647
  
0.80%
Axiom Space, Inc. Series C Preferred Stock
01/18/2023
  
1,499,929
    
1,499,929
  
2.72%
Axiom Space, Inc. Series C-1 Preferred Stock
12/22/2021
  
3,179,754
    
3,634,867
  
6.59%
Bolt Financial, Inc., Series C Preferred Stock
03/08/2022
  
2,000,020
    
83,637
  
0.15%
Boom Technology, Inc.
02/18/2022
  
2,000,000
    
2,416,000
  
4.38%
Brex, Inc.
03/02/2022
  
4,130,298
    
2,122,938
  
3.85%
CElegans Labs, Inc.
11/23/2021
  
2,999,977
    
1,251,500
  
2.26%
Chime Financial Inc. - Series A Preferred Stock
12/30/2021
  
5,150,748
    
1,180,298
  
2.14%
ClassDojo, Inc.
11/19/2021
  
3,000,018
    
1,592,040
  
2.89%
Discord, Inc.
03/01/2022
  
724,942
    
293,975
  
0.53%
Discord, Inc. - Series G Preferred Stock
03/01/2022
  
889,055
    
360,525
  
0.65%
Epic Games, Inc.
12/31/2021
  
6,998,590
    
2,121,834
  
3.85%
Flexport, Inc.
03/29/2022
  
520,000
    
99,060
  
0.18%
Impossible Foods, Inc. - Series A Preferred Stock
06/17/2022
  
1,272,986
    
260,000
  
0.46%
Impossible Foods, Inc. - Series H Preferred Stock
11/04/2021
  
2,098,940
    
413,907
  
0.74%
Jeeves, Inc. - Series C Preferred Stock
04/05/2022
  
749,997
    
749,997
  
1.36%
Klarna Bank AB
03/16/2022
  
4,657,660
    
923,100
  
1.67%
OpenAI Inc.
12/18/2023
  
2,010,008
    
2,000,008
  
3.63%
Plaid, Inc.
02/15/2022
  
1,110,340
    
284,900
  
0.52%
Public Holdings, Inc.
07/22/2021
  
999,990
    
777,770
  
1.41%
Relativity Space, LLC
12/28/2021
  
1,659,996
    
1,447,389
  
2.63%
Revolut Group Holdings Ltd.
12/08/2021
  
5,275,185
    
2,234,500
  
4.1%
Space Exploration Technologies Corp.
06/27/2022
  
10,009,990
    
14,527,013
  
26.36%
Space Exploration Technologies Corp., Class A and Class C
06/08/2022
  
3,419,945
    
4,860,915
  
8.82%
Space Exploration Technologies Corp., Series A
06/09/2022
  
618,618
    
978,250
  
1.77%
Stripe, Inc.
01/10/2022
  
3,478,813
    
1,346,618
  
2.44%
Superhuman Labs, Inc.
06/25/2021
  
2,999,996
    
2,099,958
  
3.81%
Total Investments
   $
 76,065,014
   $
 50,003,575
  
90.71%