Soma Equity Partners LP
CIK:0001680964
Hedge Fund
$2B AUM
15 holdings
San Francisco, CA, USA
SOMA EQUITY PARTNERS, LP is a hedge fund focused on Technology, Media & Telecommunications (TMT) sectors. It identifies non-consensus long and short positions and takes a concentrated, longer-term approach to portfolio construction.
Investment Strategy
Identifying mispriced opportunities in the TMT sector with a focus on long-term returns through both core holdings and short portfolio management.
Top Buys
M
METAMETA PLATFORMS INC+$89.6M
R
RBLXROBLOX CORP+$87.1M
U
UBERUBER TECHNOLOGIES INC+$53.6M
C
CFLTCONFLUENT INC+$52.8M
D
DDOGDATADOG INC+$34.0M
Top Sells
C
CRMSALESFORCE INC-$98.6M
N
NCNONCINO INC-$80.5M
I
ILMNILLUMINA INC-$74.1M
T
TTDTHE TRADE DESK INC-$53.6M
S
SHOPSHOPIFY INC-$22.2M
Top Holdings
R
RBLXROBLOX CORP+11.9%$240.8M
U
UBERUBER TECHNOLOGIES INC+9.1%$183.2M
M
METAMETA PLATFORMS INC+8.0%$161.6M
W
WIXWIX COM LTD+7.8%$158.2M
V
VRNSVARONIS SYS INC+7.1%$143.4M
Equity Positions (14)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
R RBLX | ROBLOX CORP | 11.94% | $240.8M | 2,288,670 | $49.72 | $105.20 | +$87.1M |
U UBER | UBER TECHNOLOGIES INC | 9.09% | $183.2M | 1,963,482 | $42.01 | $93.30 | +$53.6M |
M META | META PLATFORMS INC | 8.02% | $161.6M | 218,913 | $479.05 | $738.09 | +$89.6M |
W WIX | WIX COM LTD | 7.85% | $158.2M | 998,212 | $88.83 | $158.46 | +$21.6M |
V VRNS | VARONIS SYS INC | 7.11% | $143.4M | 2,824,647 | $30.71 | $50.75 | +$33.0M |
Options Positions (1)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | New | Put | $216.2M | 3,500 | $617.85 | $617.85 | +3,500 | +$216.2M |
Industry Allocation
SERVICES-PREPACKAGED SOFTWARE
+50.8%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+15.9%
SERVICES-BUSINESS SERVICES, NEC
+10.1%
RETAIL-CATALOG & MAIL-ORDER HOUSES
+6.8%
MOTOR VEHICLES & PASSENGER CAR BODIES
+5.7%
Investment Team (2)
| Name | Role | Location | |
|---|---|---|---|
 | Partner | San Francisco, CA , United States | |
A Andy Cohen | Partner | San Francisco, CA , United States |