Soma Equity Partners L.P. 13F annual report
Soma Equity Partners L.P. is an investment fund managing more than $1.74 trillion ran by Jessica Lane. There are currently 16 companies in Mrs. Lane’s portfolio. The largest investments include Uber Technologies Inc and Wix.com Ltd, together worth $337 billion.
$1.74 trillion Assets Under Management (AUM)
As of 7th August 2024, Soma Equity Partners L.P.’s top holding is 2,413,778 shares of Uber Technologies Inc currently worth over $175 billion and making up 10.1% of the portfolio value.
Relative to the number of outstanding shares of Uber Technologies Inc, Soma Equity Partners L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 1,013,803 shares of Wix.com Ltd worth $161 billion, whose value grew 22.6% in the past six months.
The third-largest holding is Take-two Interactive Softwar worth $131 billion and the next is Meta Platforms Inc worth $127 billion, with 252,267 shares owned.
Currently, Soma Equity Partners L.P.'s portfolio is worth at least $1.74 trillion. 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 Soma Equity Partners L.P.
The Soma Equity Partners L.P. office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Jessica Lane serves as the Chief Compliance Officer at Soma Equity Partners L.P..
Recent trades
In the most recent 13F filing, Soma Equity Partners L.P. revealed that it had opened a new position in
Shopify Inc and bought 1,241,959 shares worth $82 billion.
This means they effectively own approximately 0.1% of the company.
Shopify Inc makes up
7.6%
of the fund's Technology sector allocation and has grown its share price by 24.9% in the past year.
The investment fund also strengthened its position in Microsoft by buying
16,425 additional shares.
This makes their stake in Microsoft total 256,718 shares worth $115 billion.
Microsoft soared 27.8% in the past year.
On the other hand, there are companies that Soma Equity Partners L.P. is getting rid of from its portfolio.
Soma Equity Partners L.P. closed its position in Hashicorp Inc on 14th August 2024.
It sold the previously owned 2,936,438 shares for $79.1 billion.
Jessica Lane also disclosed a decreased stake in Uber Technologies Inc by approximately 0.1%.
This leaves the value of the investment at $175 billion and 2,413,778 shares.
One of the largest hedge funds
The two most similar investment funds to Soma Equity Partners L.P. are Altos Ventures Management and Ashton Thomas Private Wealth. They manage $1.74 trillion and $1.75 trillion respectively.
Jessica Lane investment strategy
Soma Equity Partners L.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 62.4% of
the total portfolio value.
The fund focuses on investments in the United States as
75.0% 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
75% 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 $201 billion.
The complete list of Soma Equity Partners L.P. trades based on 13F SEC filings
These positions were updated on August 14th 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 |
|---|---|---|---|
| Uber Technologies Inc |
1.43%
2,413,778
|
$175,433,385,000 | 10.09% |
| Wix.com Ltd |
3.23%
1,013,803
|
$161,265,643,000 | 9.28% |
| Take-two Interactive Softwar |
3.72%
842,585
|
$131,013,542,000 | 7.54% |
| Meta Platforms Inc |
16.74%
252,267
|
$127,198,067,000 | 7.32% |
| Amazon.com Inc. |
3.72%
653,938
|
$126,373,519,000 | 7.27% |
| Varonis Sys Inc |
0.44%
2,462,327
|
$118,117,826,000 | 6.80% |
| Microsoft Corporation |
6.84%
256,718
|
$114,740,110,000 | 6.60% |
| Roblox Corporation |
29.01%
2,895,832
|
$107,753,909,000 | 6.20% |
| Salesforce Inc |
3.73%
401,069
|
$103,114,840,000 | 5.93% |
| Datadog Inc |
38.00%
787,516
|
$102,132,950,000 | 5.88% |
| Rivian Automotive, Inc. |
52.50%
6,596,562
|
$88,525,862,000 | 5.09% |
| Ncino, Inc. |
5.61%
2,709,694
|
$85,219,876,000 | 4.90% |
| Illumina Inc |
8.30%
787,615
|
$82,211,254,000 | 4.73% |
| Shopify Inc |
Opened
1,241,959
|
$82,031,392,000 | 4.72% |
| Hashicorp Inc |
Closed
2,936,438
|
$79,137,004,000 | |
| Snap Inc |
13.91%
4,730,032
|
$78,565,832,000 | 4.52% |
| Match Group Inc. |
0.42%
1,792,802
|
$54,465,325,000 | 3.13% |
| Warner Music Group Corp. |
Closed
740,847
|
$24,462,768,000 | |
| No transactions found | |||
| Showing first 500 out of 18 holdings | |||
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