Scalar Gauge Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Scalar Gauge Management, LLC reported 29 stock positions worth $171.9 million. Its top holding was Zuora Class A (ZUO) at 29.4% of the portfolio, followed by N-Able (NABL, 6.2%) and Solarwinds (SWI, 5.8%). Compared with Q1 2024, it opened 7 new positions, sold out of 4, added to 10 and reduced 5. The biggest buy was a new position in N-Able (NABL) and the biggest sale Alkami Technology (ALKT, shares −65%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001965542
- Portfolio Value
- $171.9M (Q2 2024)
- SEC Filing
- 0001965542-24-000004 ↗ filed Aug 14, 2024
Holdings Value
Holdings 29 stocks · $171.9M
| ZUO Zuora Inc. Class A | 29.42% | 5,091,272 | $50.6M | Add +35.4% |
| NABL N-Able Inc. | 6.20% | 699,276 | $10.6M | New |
| SWI Solarwinds Corp. | 5.85% | 834,060 | $10.1M | Add +11.3% |
| EME Emcor Group Inc. | 5.20% | 24,500 | $8.9M | Reduce -12.5% |
| WKME Walkme Ltd. | 4.60% | 565,574 | $7.9M | Add +11.8% |
| CWAN Clearwater Analytics HDS-A | 4.51% | 419,000 | $7.8M | Add +139.4% |
| TSM Taiwan Semiconductor-SP ADR | 4.45% | 44,000 | $7.6M | New |
| FIVN FIVE9 Inc. | 4.07% | 158,500 | $7.0M | New |
| CLBT Cellebrite Di Ltd. | 3.15% | 453,554 | $5.4M | Add +15.3% |
| DELL Dell Technologies -C | 3.13% | 39,000 | $5.4M | Reduce -22.0% |
| ENFN Enfusion Inc. Class A | 3.04% | 613,513 | $5.2M | Add +21.9% |
| SMWB Similarweb Ltd. | 2.69% | 593,923 | $4.6M | Add +56.8% |
| INDA iShares MSCI India ETF | 2.08% | 64,000 | $3.6M | No change |
| CTAS Cintas Corp. | 2.04% | 5,000 | $3.5M | Reduce -28.6% |
| ALKT Alkami Technology Inc. | 1.97% | 118,822 | $3.4M | Reduce -65.4% |
| CGNT Cognyte Software Ltd. | 1.89% | 425,032 | $3.2M | Add +30.8% |
| APPN Appian Corp. Class A | 1.85% | 103,000 | $3.2M | No change |
| TDC Teradata Corp. | 1.59% | 79,000 | $2.7M | No change |
| WMT Walmart Inc. | 1.54% | 39,000 | $2.6M | No change |
| SMAR Smartsheet Inc. Class A | 1.41% | 55,000 | $2.4M | Reduce -31.3% |
| WLY Wiley (john) & Sons Class A | 1.30% | 55,016 | $2.2M | No change |
| SCWX Secureworks Corp. Class A | 1.29% | 316,137 | $2.2M | Add +18.8% |
| BL Blackline Inc. | 1.27% | 45,000 | $2.2M | New |
| RPD RAPID7 Inc. | 1.13% | 45,000 | $1.9M | New |
| MRVL Marvell Technology Inc. | 0.98% | 24,000 | $1.7M | No change |
| AZEK The Azek Co. Inc. | 0.96% | 39,000 | $1.6M | New |
| BLZE Backblaze Inc. Class A | 0.90% | 250,887 | $1.5M | Add +6.4% |
| DV Doubleverify Holdings Inc. | 0.85% | 75,000 | $1.5M | New |
| GB Global Blue Group Holding AG | 0.67% | 238,883 | $1.2M | No change |
Portfolio Sells Q1 2024 → Q2 2024
| ALKT Alkami Technology Inc. | Reduce -65.4% | 1.97% | −4.53 |
| IAS Integral Ad Science Holding | Sold out | 0.00% | −2.79 |
| EME Emcor Group Inc. | Reduce -12.5% | 5.20% | −2.35 |
| ZETA Zeta Global Holdings Corp. Class A | Sold out | 0.00% | −2.20 |
| FN Fabrinet | Sold out | 0.00% | −1.89 |
| CTAS Cintas Corp. | Reduce -28.6% | 2.04% | −1.67 |
| DELL Dell Technologies -C | Reduce -22.0% | 3.13% | −1.26 |
| SMAR Smartsheet Inc. Class A | Reduce -31.3% | 1.41% | −0.96 |
| TTEC Ttec Holdings Inc. | Sold out | 0.00% | −0.56 |
Portfolio Buys Q1 2024 → Q2 2024
| NABL N-Able Inc. | New | 6.20% | +6.20 |
| TSM Taiwan Semiconductor-SP ADR | New | 4.45% | +4.45 |
| FIVN FIVE9 Inc. | New | 4.07% | +4.07 |
| ZUO Zuora Inc. Class A | Add +35.4% | 29.42% | +3.02 |
| CWAN Clearwater Analytics HDS-A | Add +139.4% | 4.51% | +2.13 |
| BL Blackline Inc. | New | 1.27% | +1.27 |
| WKME Walkme Ltd. | Add +11.8% | 4.60% | +1.25 |
| RPD RAPID7 Inc. | New | 1.13% | +1.13 |
| AZEK The Azek Co. Inc. | New | 0.96% | +0.96 |
| DV Doubleverify Holdings Inc. | New | 0.85% | +0.85 |
| SMWB Similarweb Ltd. | Add +56.8% | 2.69% | +0.06 |
| SCWX Secureworks Corp. Class A | Add +18.8% | 1.29% | −0.09 |
| CGNT Cognyte Software Ltd. | Add +30.8% | 1.89% | −0.18 |
| CLBT Cellebrite Di Ltd. | Add +15.3% | 3.15% | −0.20 |
| ENFN Enfusion Inc. Class A | Add +21.9% | 3.04% | −0.55 |
| BLZE Backblaze Inc. Class A | Add +6.4% | 0.90% | −0.96 |
| SWI Solarwinds Corp. | Add +11.3% | 5.85% | −1.43 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 26 | $181.3M | FN, CLS, FIX, ONTO, SITM |
| Q1 2026 | 25 | $103.7M | FN, CLS, LGN, FIX, ONTO |
| Q4 2025 | 28 | $150.8M | BL, SITM, CLS, CGNT, FN |
| Q3 2025 | 29 | $196.1M | BL, AVGO, FIX, FN, AXON |
| Q2 2025 | 24 | $174.9M | BL, PD, CLS, CWAN, FIVN |
| Q1 2025 | 27 | $163.4M | BL, CWAN, FIVN, SMWB, PD |
| Q4 2024 | 28 | $216.6M | BL, FIVN, AXON, MSI, CWAN |
| Q3 2024 | 25 | $188.4M | ZUO, CWAN, FIVN, NABL, MSI |
| Q2 2024 | 29 | $171.9M | ZUO, NABL, SWI, EME, WKME |
| Q1 2024 | 26 | $129.9M | ZUO, EME, SWI, ALKT, DELL |