Scge Management, L.P. 13F annual report
Scge Management, L.P. is an investment fund managing more than $5.28 trillion ran by Michael Digrande. There are currently 19 companies in Mr. Digrande’s portfolio. The largest investments include ServiceNow Inc and Meta Platforms Inc, together worth $1.44 trillion.
$5.28 trillion Assets Under Management (AUM)
As of 8th May 2024, Scge Management, L.P.’s top holding is 988,000 shares of ServiceNow Inc currently worth over $753 billion and making up 14.3% of the portfolio value.
Relative to the number of outstanding shares of ServiceNow Inc, Scge Management, L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 1,423,000 shares of Meta Platforms Inc worth $691 billion, whose value grew 41.8% in the past six months.
The third-largest holding is Microsoft worth $631 billion and the next is NVIDIA Corp worth $485 billion, with 537,000 shares owned.
Currently, Scge Management, L.P.'s portfolio is worth at least $5.28 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Scge Management, L.P.
The Scge Management, L.P. office and employees reside in Menlo Park, California. According to the last 13-F report filed with the SEC, Michael Digrande serves as the Chief Compliance Officer at Scge Management, L.P..
Recent trades
In the most recent 13F filing, Scge Management, L.P. revealed that it had opened a new position in
NVIDIA Corp and bought 537,000 shares worth $485 billion.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
12.1%
of the fund's Technology sector allocation and has grown its share price by 215.5% in the past year.
The investment fund also strengthened its position in ServiceNow Inc by buying
52,900 additional shares.
This makes their stake in ServiceNow Inc total 988,000 shares worth $753 billion.
ServiceNow Inc soared 55.8% in the past year.
On the other hand, there are companies that Scge Management, L.P. is getting rid of from its portfolio.
Scge Management, L.P. closed its position in DoorDash Inc on 15th May 2024.
It sold the previously owned 3,532,115 shares for $172 billion.
Michael Digrande also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $631 billion and 1,500,000 shares.
One of the largest hedge funds
The two most similar investment funds to Scge Management, L.P. are Bristol John W & Co Inc ny/ and Ballentine Partners. They manage $5.28 trillion and $5.25 trillion respectively.
Michael Digrande investment strategy
Scge Management, L.P.’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Technology — making up 75.7% of
the total portfolio value.
The fund focuses on investments in the United States as
57.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
74% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $246 billion.
The complete list of Scge Management, L.P. trades based on 13F SEC filings
These positions were updated on May 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| ServiceNow Inc |
5.66%
988,000
|
$753,251,200,000 | 14.27% |
| Meta Platforms Inc |
14.30%
1,423,000
|
$690,980,340,000 | 13.09% |
| Microsoft Corporation |
6.54%
1,500,000
|
$631,080,000,000 | 11.95% |
| NVIDIA Corp |
Opened
537,000
|
$485,211,720,000 | 9.19% |
| Shopify Inc |
36.93%
5,302,000
|
$409,155,340,000 | 7.75% |
| Amazon.com Inc. |
20.42%
2,268,000
|
$409,101,840,000 | 7.75% |
| Nu Hldgs Ltd |
7.92%
33,500,000
|
$399,655,000,000 | 7.57% |
| HubSpot Inc |
20.40%
484,000
|
$303,255,040,000 | 5.74% |
| Advanced Micro Devices Inc. |
Opened
1,406,000
|
$253,768,940,000 | 4.81% |
| Lam Research Corp. |
No change
235,000
|
$228,318,950,000 | 4.32% |
| DoorDash Inc |
Closed
3,532,115
|
$172,437,854,000 | |
| Uber Technologies Inc |
Closed
6,268,000
|
$155,007,640,000 | |
| Crowdstrike Holdings Inc |
Closed
1,471,438
|
$154,927,707,000 | |
| Coupang, Inc. |
111.50%
8,653,000
|
$153,936,870,000 | 2.92% |
| PDD Holdings Inc |
938.94%
1,276,000
|
$148,335,000,000 | 2.81% |
| Sea Ltd |
Closed
2,759,987
|
$143,602,124,000 | |
| Cadence Design System Inc |
Opened
380,000
|
$118,286,400,000 | 2.24% |
| Palo Alto Networks Inc |
Opened
392,000
|
$111,378,960,000 | 2.11% |
| Snowflake Inc. |
Closed
722,012
|
$103,637,602,000 | |
| Block Inc |
Opened
910,500
|
$77,010,090,000 | 1.46% |
| Okta Inc |
Closed
893,500
|
$61,052,855,000 | |
| Sentinelone Inc |
Closed
3,936,000
|
$57,426,240,000 | |
| Fortinet Inc |
Opened
753,000
|
$51,437,430,000 | 0.97% |
| Applied Matls Inc |
Closed
517,000
|
$50,345,460,000 | |
| Twilio Inc |
Closed
868,100
|
$42,502,176,000 | |
| Zscaler Inc |
Closed
325,000
|
$36,367,500,000 | |
| Global E Online Ltd |
Opened
900,000
|
$32,715,000,000 | 0.62% |
| Taiwan Semiconductor Mfg Ltd |
Opened
90,772
|
$12,349,531,000 | 0.23% |
| Maplebear Inc |
Opened
280,037
|
$10,442,580,000 | 0.20% |
| Kanzhun Limited |
Closed
415,100
|
$8,455,587,000 | |
| Freshworks Inc |
Closed
150,000
|
$2,206,500,000 | |
| ZoomInfo Technologies Inc. |
Closed
50,000
|
$1,505,500,000 | |
| Amplitude Inc |
Closed
60,383
|
$729,427,000 | |
| No transactions found | |||
| Showing first 500 out of 33 holdings | |||
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