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