Scge Management, L.P.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Scge Management, L.P. reported 20 stock positions worth $4.4 billion. Its top holding was Nvidia (NVDA) at 14.1% of the portfolio, followed by Alphabet Class A (GOOGL, 11.4%) and Microsoft (MSFT, 9.4%). Compared with Q3 2025, it opened 3 new positions, sold out of 7, added to 7 and reduced 4. The biggest buy was a new position in Alphabet Class A (GOOGL) and the biggest sale Meta Platforms Class A (META, shares −64%).
- Most Recent 13F
- Q2 2026
- Location
- MENLO PARK, CA
- CIK
- 0001537530
- Portfolio Value
- $4.4B (Q4 2025)
- SEC Filing
- 0000905148-26-000712 ↗ filed Feb 13, 2026
Holdings Value
Holdings 20 stocks · $4.4B
| NVDA Nvidia Corp. | 14.13% | 3,325,000 | $620.1M | Add +45.8% |
| GOOGL Alphabet Inc. Class A | 11.43% | 1,603,000 | $501.7M | New |
| MSFT Microsoft Corp. | 9.39% | 852,000 | $412.0M | Add +39.4% |
| DASH DoorDash Inc. Class A | 8.22% | 1,594,000 | $361.0M | Add +32.4% |
| AMZN Amazon.com Inc. | 6.79% | 1,291,000 | $298.0M | Reduce -2.5% |
| AVGO Broadcom Inc. | 5.72% | 726,000 | $251.3M | Reduce -23.6% |
| ASML ASML Holding NV-NY Reg SHS | 5.56% | 228,000 | $243.9M | Add +76.7% |
| META Meta Platforms Inc. Class A | 5.20% | 346,000 | $228.4M | Reduce -64.3% |
| SE Sea Ltd.-ADR | 5.16% | 1,775,000 | $226.4M | Add +4.2% |
| TSLA Tesla Inc. | 4.17% | 407,000 | $183.0M | New |
| SNOW Snowflake Inc. | 3.98% | 797,000 | $174.8M | Reduce -10.8% |
| NOW ServiceNow Inc. | 3.96% | 1,135,000 | $173.9M | No change |
| KLAR Klarna Group PLC | 3.47% | 5,266,524 | $152.3M | No change |
| Z Zillow Group Inc. Class C | 3.10% | 1,998,000 | $136.3M | Add +14.9% |
| TTAN Servicetitan Inc. Class A | 2.98% | 1,229,285 | $130.9M | No change |
| CHYM Chime Financial Inc. Class A | 2.53% | 4,420,841 | $111.3M | No change |
| CVNA Carvana Co. | 2.00% | 208,000 | $87.8M | Add +37.8% |
| CRDO Credo Technology Group Holdi | 1.87% | 570,000 | $82.0M | New |
| CART Maplebear Inc. | 0.29% | 280,037 | $12.6M | No change |
| FIG Figma Inc. Class A | 0.05% | 60,000 | $2.2M | No change |
Portfolio Sells Q3 2025 → Q4 2025
| META Meta Platforms Inc. Class A | Reduce -64.3% | 5.20% | −8.67 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −7.49 |
| ORCL Oracle Corp. | Sold out | 0.00% | −6.10 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −5.06 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −3.71 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −2.47 |
| AVGO Broadcom Inc. | Reduce -23.6% | 5.72% | −0.40 |
| NTSK Netskope Inc. Class A | Sold out | 0.00% | −0.18 |
| BLSH Bullish | Sold out | 0.00% | −0.12 |
| SNOW Snowflake Inc. | Reduce -10.8% | 3.98% | +0.05 |
| AMZN Amazon.com Inc. | Reduce -2.5% | 6.79% | +1.11 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | New | 11.43% | +11.43 |
| NVDA Nvidia Corp. | Add +45.8% | 14.13% | +5.82 |
| TSLA Tesla Inc. | New | 4.17% | +4.17 |
| MSFT Microsoft Corp. | Add +39.4% | 9.39% | +3.21 |
| ASML ASML Holding NV-NY Reg SHS | Add +76.7% | 5.56% | +3.12 |
| CRDO Credo Technology Group Holdi | New | 1.87% | +1.87 |
| DASH DoorDash Inc. Class A | Add +32.4% | 8.22% | +1.83 |
| CVNA Carvana Co. | Add +37.8% | 2.00% | +0.89 |
| Z Zillow Group Inc. Class C | Add +14.9% | 3.10% | +0.49 |
| SE Sea Ltd.-ADR | Add +4.2% | 5.16% | −0.79 |
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 |