Scge Management, L.P.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Scge Management, L.P. reported 15 stock positions worth $3.5 billion. Its top holding was Meta Platforms Class A (META) at 16.1% of the portfolio, followed by ServiceNow (NOW, 10.0%) and Shopify Class A (SHOP, 9.3%). Compared with Q4 2024, it sold out of 8, added to 6 and reduced 7. The biggest buy was Sea Ltd.-ADR (SE, shares +138%) and the biggest sale ServiceNow (NOW, shares −56%).
- Most Recent 13F
- Q2 2026
- Location
- MENLO PARK, CA
- CIK
- 0001537530
- Portfolio Value
- $3.5B (Q1 2025)
- SEC Filing
- 0000905148-25-001751 ↗ filed May 15, 2025
Holdings Value
Holdings 15 stocks · $3.5B
| META Meta Platforms Inc. Class A | 16.08% | 968,000 | $557.9M | Reduce -20.3% |
| NOW ServiceNow Inc. | 9.98% | 435,000 | $346.3M | Reduce -56.0% |
| SHOP Shopify Inc. Class A | 9.32% | 3,386,000 | $323.3M | Reduce -8.0% |
| PANW Palo Alto Networks Inc. | 9.27% | 1,885,000 | $321.7M | Add +30.2% |
| AMZN Amazon.com Inc. | 9.26% | 1,690,000 | $321.5M | Reduce -16.3% |
| SE Sea Ltd.-ADR | 8.12% | 2,160,000 | $281.9M | Add +137.6% |
| NVDA Nvidia Corp. | 7.29% | 2,336,000 | $253.2M | Reduce -20.4% |
| TEAM Atlassian Corp. Class A | 6.09% | 996,000 | $211.4M | Add +17.0% |
| AVGO Broadcom Inc. | 5.82% | 1,207,000 | $202.1M | Add +7.8% |
| CPNG Coupang Inc. | 4.91% | 7,767,000 | $170.3M | Reduce -13.1% |
| RDDT Reddit Inc. Class A | 4.87% | 1,612,000 | $169.1M | Add +121.1% |
| TSM Taiwan Semiconductor-SP ADR | 3.83% | 801,000 | $133.0M | Add +50.3% |
| TTAN Servicetitan Inc. Class A | 3.37% | 1,229,285 | $116.9M | No change |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 1.47% | 4,976,507 | $51.0M | Reduce -42.5% |
| CART Maplebear Inc. | 0.32% | 280,037 | $11.2M | No change |
Portfolio Sells Q4 2024 → Q1 2025
| NOW ServiceNow Inc. | Reduce -56.0% | 9.98% | −9.38 |
| CVNA Carvana Co. | Sold out | 0.00% | −3.72 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −3.54 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −2.76 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −1.94 |
| NFLX Netflix Inc. | Sold out | 0.00% | −1.81 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −1.61 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −1.19 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −0.94 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -42.5% | 1.47% | −0.19 |
| NVDA Nvidia Corp. | Reduce -20.4% | 7.29% | +0.01 |
| AMZN Amazon.com Inc. | Reduce -16.3% | 9.26% | +1.08 |
| CPNG Coupang Inc. | Reduce -13.1% | 4.91% | +1.28 |
| SHOP Shopify Inc. Class A | Reduce -8.0% | 9.32% | +2.08 |
| META Meta Platforms Inc. Class A | Reduce -20.3% | 16.08% | +2.93 |
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 21 | $5.9B | SPCX, NVDA, GOOGL, AMZN, MSFT |
| Q1 2026 | 21 | $3.3B | NVDA, GOOGL, MSFT, AMZN, AVGO |
| Q4 2025 | 20 | $4.4B | NVDA, GOOGL, MSFT, DASH, AMZN |
| Q3 2025Amended | 24 | $5.1B | META, NVDA, PANW, DASH, MSFT |
| Q2 2025 | 20 | $4.8B | META, PANW, AVGO, NVDA, ORCL |
| Q1 2025 | 15 | $3.5B | META, NOW, SHOP, PANW, AMZN |
| Q4 2024 | 23 | $5.4B | NOW, META, AMZN, NVDA, SHOP |
| Q3 2024 | 15 | $4.6B | NOW, META, MSFT, NU, AMZN |
| Q2 2024 | 19 | $5.1B | NOW, META, MSFT, NVDA, NU |
| Q1 2024 | 19 | $5.3B | NOW, META, MSFT, NVDA, SHOP |