Scge Management, L.P.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Scge Management, L.P. reported 20 stock positions worth $4.8 billion. Its top holding was Meta Platforms Class A (META) at 15.0% of the portfolio, followed by Palo Alto Networks (PANW, 8.1%) and Broadcom (AVGO, 7.4%). Compared with Q1 2025, it opened 8 new positions, sold out of 3, added to 1 and reduced 6. The biggest buy was a new position in Oracle (ORCL) and the biggest sale an exit from Shopify Class A (SHOP).
- Most Recent 13F
- Q2 2026
- Location
- MENLO PARK, CA
- CIK
- 0001537530
- Portfolio Value
- $4.8B (Q2 2025)
- SEC Filing
- 0000905148-25-002966 ↗ filed Aug 14, 2025
Holdings Value
Holdings 20 stocks · $4.8B
| META Meta Platforms Inc. Class A | 14.98% | 968,000 | $714.5M | No change |
| PANW Palo Alto Networks Inc. | 8.09% | 1,885,000 | $385.7M | No change |
| AVGO Broadcom Inc. | 7.37% | 1,275,500 | $351.6M | Add +5.7% |
| NVDA Nvidia Corp. | 7.15% | 2,158,000 | $340.9M | Reduce -7.6% |
| ORCL Oracle Corp. | 6.11% | 1,332,000 | $291.2M | New |
| SE Sea Ltd.-ADR | 5.89% | 1,755,000 | $280.7M | Reduce -18.8% |
| DASH DoorDash Inc. Class A | 5.61% | 1,085,000 | $267.5M | New |
| NOW ServiceNow Inc. | 5.26% | 244,000 | $250.9M | Reduce -43.9% |
| AMZN Amazon.com Inc. | 5.26% | 1,143,000 | $250.8M | Reduce -32.4% |
| SPOT Spotify Technology SA | 5.25% | 326,000 | $250.2M | New |
| CPNG Coupang Inc. | 4.88% | 7,767,000 | $232.7M | No change |
| MSFT Microsoft Corp. | 4.79% | 459,000 | $228.3M | New |
| CDNS Cadence Design SYS Inc. | 3.94% | 609,000 | $187.7M | New |
| DT Dynatrace Inc. | 3.27% | 2,823,000 | $155.9M | New |
| CHYM Chime Financial Inc. Class A | 3.20% | 4,420,841 | $152.6M | New |
| SNOW Snowflake Inc. | 2.95% | 628,000 | $140.5M | New |
| TTAN Servicetitan Inc. Class A | 2.76% | 1,229,285 | $131.8M | No change |
| TSM Taiwan Semiconductor-SP ADR | 2.64% | 556,000 | $125.9M | Reduce -30.6% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.34% | 1,176,507 | $16.1M | Reduce -76.4% |
| CART Maplebear Inc. | 0.27% | 280,037 | $12.7M | No change |
Portfolio Sells Q1 2025 → Q2 2025
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −9.32 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −6.09 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −4.87 |
| NOW ServiceNow Inc. | Reduce -43.9% | 5.26% | −4.72 |
| AMZN Amazon.com Inc. | Reduce -32.4% | 5.26% | −4.01 |
| SE Sea Ltd.-ADR | Reduce -18.8% | 5.89% | −2.23 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -30.6% | 2.64% | −1.19 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -76.4% | 0.34% | −1.13 |
| NVDA Nvidia Corp. | Reduce -7.6% | 7.15% | −0.14 |
Portfolio Buys Q1 2025 → Q2 2025
| ORCL Oracle Corp. | New | 6.11% | +6.11 |
| DASH DoorDash Inc. Class A | New | 5.61% | +5.61 |
| SPOT Spotify Technology SA | New | 5.25% | +5.25 |
| MSFT Microsoft Corp. | New | 4.79% | +4.79 |
| CDNS Cadence Design SYS Inc. | New | 3.94% | +3.94 |
| DT Dynatrace Inc. | New | 3.27% | +3.27 |
| CHYM Chime Financial Inc. Class A | New | 3.20% | +3.20 |
| SNOW Snowflake Inc. | New | 2.95% | +2.95 |
| AVGO Broadcom Inc. | Add +5.7% | 7.37% | +1.55 |
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 |