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SVB Capital Management, LLC

CIK:0002011811
Venture Capital
$10B AUM
11 holdings
Menlo Park, CA, US
Founded:1999
50 employees
Latest filing:Jun 30, 2025

SVB Capital Management, LLC is a multi-strategy investment platform originally founded in 1999 as a division of SVB Financial Group. Headquartered in Menlo Park, California, it specializes in venture capital fund of funds, direct venture, and private credit investing, with a primary focus on the innovation economy globally. Following a 2024 acquisition, it is now affiliated with Pinegrove Capital Partners, with permanent capital backing from Brookfield Asset Management and Sequoia Heritage. SVB Capital serves institutional investors and top venture capital and technology companies, managing approximately $10 billion in assets.

Investment Strategy

SVB Capital invests globally across the innovation economy through a combination of fund-of-funds, direct venture capital, and private credit strategies. The firm targets top-tier venture capital funds, as well as direct investments in leading private technology and life sciences companies, aiming for differentiated access to sought-after opportunities in emerging and growth-stage businesses. Through its relationships and expertise, SVB Capital helps investors access successful managers and companies at critical growth stages, with a focus on delivering flexible, innovative capital solutions.

Latest 13F Filing Activity

SVB Capital Management, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 11 equity positions with a total 13F market value of $63M. The fund increased holdings in Nu HLDGS LTD, Samsara Inc., Doordash Inc. among other positions. SVB Capital Management, LLC reduced exposure to Axsome Therapeutics Inc., Pacific Biosciences Calif in, Skillz Inc. among others.

Top Buys
N
NUNU HLDGS LTD
+$15.6M
I
IOTSAMSARA INC
+$15.2M
D
DASHDOORDASH INC
+$3.5M
C
COINCOINBASE GLOBAL INC
+$1.6M
C
CRWDCROWDSTRIKE HLDGS INC
+$749.7K
Top Sells
I
IOTSAMSARA INC
+$15.2M
D
DASHDOORDASH INC
+$3.5M
C
COINCOINBASE GLOBAL INC
+$1.6M
C
CRWDCROWDSTRIKE HLDGS INC
+$749.7K
C
CXMSPRINKLR INC
+$746.4K

Top Holdings

N
NUNU HLDGS LTD
+54.4%$34.1M
I
IOTSAMSARA INC
+24.2%$15.2M
D
DASHDOORDASH INC
+5.6%$3.5M
A
AXSMAXSOME THERAPEUTICS INC
+5.6%$3.5M
C
COINCOINBASE GLOBAL INC
+4.9%$3.1M

Equity Positions (11)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
NU HLDGS LTD54.38%$34.1M2,487,395$11.18$13.72+$15.6M
SAMSARA INC24.16%$15.2M381,171$39.78$39.78+$15.2M
DOORDASH INC5.65%$3.5M14,375$246.51$246.51+$3.5M
AXSOME THERAPEUTICS INC5.63%$3.5M33,849$89.87$104.39-$414.3K
COINBASE GLOBAL INC4.93%$3.1M8,832$178.17$350.49+$1.6M

Industry Allocation

SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN
+65.3%
PHARMACEUTICAL PREPARATIONS
+13.0%
FINANCE SERVICES
+9.4%
RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT
+7.0%
SERVICES-PREPACKAGED SOFTWARE
+4.8%