Scge Management, L.P.
SCGE Management, L.P. is a hedge fund and SEC-registered investment advisor headquartered in Menlo Park, California. Founded in 2009 as an extension of Sequoia Capital’s technology investing efforts into public markets, SCGE operates independently under the Sequoia brand. The firm manages a master-feeder fund structure, primarily investing in both late-stage private and public companies, with a focus on the technology, media, and telecommunications (TMT) sectors. As of December 2024, SCGE manages approximately $9.85 billion of client assets on a discretionary basis. It employs a team of investment professionals serving global institutional clients.
Investment Strategy
SCGE Management pursues a crossover investment approach, concentrating on long-term, high-conviction positions in companies spanning the global technology, media, and telecommunications (TMT) sectors. The strategy covers late-stage private companies (pre-IPO rounds) and public companies, with a flexible mandate allowing it to support portfolio companies through IPOs and into the public markets. The firm emphasizes deep fundamental research, global reach, and sustained partnerships across different stages of company growth, often investing at the crossover between private and public markets, particularly in the US, but also in fast-growing international markets.
Top Holdings
Equity Positions (20)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M META | META PLATFORMS INC | 14.98% | $714.5M | 968,000 | $150.68 | $738.09 | +$156.6M |
P PANW | PALO ALTO NETWORKS INC | 8.09% | $385.7M | 1,885,000 | $152.87 | $204.64 | +$64.1M |
A AVGO | BROADCOM INC | 7.37% | $351.6M | 1,275,500 | $229.80 | $275.65 | +$149.5M |
N NVDA | NVIDIA CORPORATION | 7.15% | $340.9M | 2,158,000 | $57.87 | $157.99 | +$87.8M |
O ORCL | ORACLE CORP | 6.11% | $291.2M | 1,332,000 | $218.63 | $218.63 | +$291.2M |