Destiny Tech100 Inc. $DXYZ Position Lowered by Kestra Advisory Services LLC

Kestra Advisory Services LLC cut its position in Destiny Tech100 Inc. (NYSE:DXYZ) by 26.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 163,581 shares of the company’s stock after selling 59,582 shares during the quarter. Kestra Advisory Services LLC owned 1.50% of Destiny Tech100 worth $5,046,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in DXYZ. Verity Asset Management Inc. grew its holdings in Destiny Tech100 by 5.2% during the 3rd quarter. Verity Asset Management Inc. now owns 16,188 shares of the company’s stock worth $499,000 after acquiring an additional 796 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of Destiny Tech100 by 20.2% during the third quarter. International Assets Investment Management LLC now owns 40,000 shares of the company’s stock valued at $1,234,000 after acquiring an additional 6,710 shares during the last quarter. Brookstone Capital Management bought a new position in shares of Destiny Tech100 during the third quarter valued at $234,000. Sowell Financial Services LLC lifted its holdings in shares of Destiny Tech100 by 99.1% during the third quarter. Sowell Financial Services LLC now owns 57,075 shares of the company’s stock worth $1,761,000 after purchasing an additional 28,410 shares during the period. Finally, AA Financial Advisors LLC lifted its holdings in shares of Destiny Tech100 by 66.9% during the third quarter. AA Financial Advisors LLC now owns 96,800 shares of the company’s stock worth $2,986,000 after purchasing an additional 38,800 shares during the period.

Destiny Tech100 Price Performance

Shares of Destiny Tech100 stock opened at $25.36 on Friday. Destiny Tech100 Inc. has a twelve month low of $19.71 and a twelve month high of $72.87. The company’s fifty day moving average is $29.35 and its 200 day moving average is $31.30.

Insider Activity at Destiny Tech100

In other news, CEO Sohail Prasad acquired 33,000 shares of Destiny Tech100 stock in a transaction dated Tuesday, September 1st. The shares were bought at an average cost of $31.40 per share, with a total value of $1,036,200.00. Following the purchase, the chief executive officer owned 41,000 shares in the company, valued at $1,287,400. This trade represents a 412.50% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders purchased 56,753 shares of company stock valued at $1,792,336 over the last quarter. 1.60% of the stock is owned by insiders.

Destiny Tech100 Inc. is a non-diversified, closed-end investment company that seeks long-term capital appreciation by investing in private technology businesses. Rather than operating technology products or services itself, the company provides investors with exposure to a portfolio of venture-backed companies. The fund focuses on high-growth technology companies and may invest through direct holdings, special-purpose vehicles and secondary-market transactions. Its portfolio is designed to include approximately 100 companies, though the number and composition of investments can change over time.