Lead Edge Capital Management 13F annual report
Lead Edge Capital Management is an investment fund managing more than $313 billion ran by Elisa Lenoir. There are currently 10 companies in Mrs. Lenoir’s portfolio. The largest investments include Toast and Yext Inc, together worth $126 billion.
$313 billion Assets Under Management (AUM)
As of 7th August 2024, Lead Edge Capital Management’s top holding is 2,498,900 shares of Toast currently worth over $64.4 billion and making up 20.6% of the portfolio value.
Relative to the number of outstanding shares of Toast, Lead Edge Capital Management owns less than approximately 0.1% of the company.
In addition, the fund holds 11,474,281 shares of Yext Inc worth $61.4 billion, whose value fell 21.1% in the past six months.
The third-largest holding is Instructure Hldgs Inc worth $52.5 billion and the next is Appian Corp worth $35.7 billion, with 1,156,985 shares owned.
Currently, Lead Edge Capital Management's portfolio is worth at least $313 billion. 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 Lead Edge Capital Management
The Lead Edge Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Elisa Lenoir serves as the Chief Compliance Officer at Lead Edge Capital Management.
Recent trades
In the most recent 13F filing, Lead Edge Capital Management revealed that it had opened a new position in
Appian Corp and bought 1,156,985 shares worth $35.7 billion.
This means they effectively own approximately 0.1% of the company.
Appian Corp makes up
15.6%
of the fund's Technology sector allocation and has decreased its share price by 42.2% in the past year.
The investment fund also strengthened its position in Enfusion by buying
884,584 additional shares.
This makes their stake in Enfusion total 1,735,551 shares worth $14.8 billion.
Enfusion soared 2.7% in the past year.
On the other hand, there are companies that Lead Edge Capital Management is getting rid of from its portfolio.
Lead Edge Capital Management closed its position in Everbridge Inc on 14th August 2024.
It sold the previously owned 301,345 shares for $10.5 billion.
Elisa Lenoir also disclosed a decreased stake in Toast by approximately 0.1%.
This leaves the value of the investment at $64.4 billion and 2,498,900 shares.
One of the smaller hedge funds
The two most similar investment funds to Lead Edge Capital Management are Park Place Capital Corp and Betterwealth. They manage $313 billion and $314 billion respectively.
Elisa Lenoir investment strategy
Lead Edge Capital Management’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Technology — making up 72.8% of
the total portfolio value.
The fund focuses on investments in the United States as
60.0% 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
approximately 0.1% 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 $3.21 billion.
The complete list of Lead Edge Capital Management 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 |
|---|---|---|---|
| Toast, Inc. |
9.92%
2,498,900
|
$64,396,653,000 | 20.55% |
| Yext Inc |
No change
11,474,281
|
$61,387,404,000 | 19.59% |
| Instructure Hldgs Inc |
No change
2,241,530
|
$52,474,217,000 | 16.75% |
| Appian Corp |
Opened
1,156,985
|
$35,704,557,000 | 11.39% |
| Ncr Atleos Corporation |
No change
1,199,961
|
$32,422,947,000 | 10.35% |
| Guidewire Software Inc |
15.51%
179,761
|
$24,787,244,000 | 7.91% |
| StoneCo Ltd |
30.47%
1,846,391
|
$22,138,228,000 | 7.07% |
| Enfusion, Inc. |
103.95%
1,735,551
|
$14,786,895,000 | 4.72% |
| Everbridge Inc |
Closed
301,345
|
$10,495,846,000 | |
| Docebo Inc. |
Closed
110,000
|
$5,383,334,000 | |
| Eventbrite Inc |
75.18%
1,025,280
|
$4,962,355,000 | 1.58% |
| Life360 Inc |
Opened
8,834
|
$286,133,000 | 0.09% |
| No transactions found | |||
| Showing first 500 out of 12 holdings | |||
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