Venrock Partners Management V 13F annual report

Venrock Partners Management V is an investment fund managing more than $101 million ran by David Stepp. There are currently 3 companies in Mr. Stepp’s portfolio. The largest investments include Cloudflare and Constellation Pharmaceuticals, together worth $99.7 million.

$101 million Assets Under Management (AUM)

As of 7th October 2020, Venrock Partners Management V’s top holding is 2,662,046 shares of Cloudflare currently worth over $95.7 million and making up 95.0% of the portfolio value. Relative to the number of outstanding shares of Cloudflare, Venrock Partners Management V owns more than approximately 0.1% of the company. In addition, the fund holds 132,026 shares of Constellation Pharmaceuticals worth $3.97 million, whose value fell 31.7% in the past six months. The third-largest holding is Castlight Health worth $1.07 million.

Currently, Venrock Partners Management V's portfolio is worth at least $101 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Venrock Partners Management V

The Venrock Partners Management V office and employees reside in Palo Alto, California. According to the last 13-F report filed with the SEC, David Stepp serves as the Authorized Signatory at Venrock Partners Management V.

Recent trades

In the most recent 13F filing, Venrock Partners Management V revealed that it had opened a new position in Cloudflare and bought 2,662,046 shares worth $95.7 million.

One of the smallest hedge funds

The two most similar investment funds to Venrock Partners Management V are Core Wealth Advisors and Braun-bostich & Associates. They manage $101 million and $101 million respectively.

David Stepp investment strategy

Venrock Partners Management V’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Technology — making up 95.0% of the total portfolio value. The fund focuses on investments in the United States as 100.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 33% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $4.76 billion.

The complete list of Venrock Partners Management V trades based on 13F SEC filings

These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Cloudflare, Inc.	Opened 2,662,046	$95,701,000	95.00%
Constellation Pharmaceuticals, Inc.	Opened 132,026	$3,967,000	3.94%
Castlight Health, Inc.	Opened 1,287,135	$1,068,000	1.06%
No transactions found
Showing first 500 out of 3 holdings