Redpoint Management 13F annual report

Redpoint Management is an investment fund managing more than $630 billion ran by Jeffrey Cheng. There are currently 6 companies in Mr. Cheng’s portfolio. The largest investments include Sentinelone Inc and Nu Hldgs Ltd, together worth $549 billion.

$630 billion Assets Under Management (AUM)

As of 6th August 2024, Redpoint Management’s top holding is 13,101,096 shares of Sentinelone Inc currently worth over $276 billion and making up 43.8% of the portfolio value. In addition, the fund holds 21,195,636 shares of Nu Hldgs Ltd worth $273 billion. The third-largest holding is Snowflake worth $67.5 billion and the next is Nextdoor worth $11.9 billion, with 4,282,910 shares owned.

Currently, Redpoint Management's portfolio is worth at least $630 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 Redpoint Management

The Redpoint Management office and employees reside in Woodside, California. According to the last 13-F report filed with the SEC, Jeffrey Cheng serves as the General Counsel at Redpoint Management.

Recent trades

There are companies that Redpoint Management is getting rid of from its portfolio. Redpoint Management closed its position in Hims & Hers Health on 13th August 2024. It sold the previously owned 7,577,016 shares for $67.4 billion. Jeffrey Cheng also disclosed a decreased stake in Nu Hldgs Ltd by 0.5%. This leaves the value of the investment at $273 billion and 21,195,636 shares.

One of the average hedge funds

The two most similar investment funds to Redpoint Management are Crestview Partners Ii Gp, L.P. and Parkside Investments. They manage $630 billion and $631 billion respectively.

Jeffrey Cheng investment strategy

Redpoint Management’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Technology — making up 10.7% of the total portfolio value. The fund focuses on investments in the United States as 33.3% 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 17% 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 $24.4 billion.

The complete list of Redpoint Management 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
Sentinelone Inc	No change 13,101,096	$275,778,071,000	43.80%
Nu Hldgs Ltd	50.00% 21,195,636	$273,211,748,000	43.39%
Snowflake Inc.	No change 499,558	$67,485,290,000	10.72%
Hims & Hers Health, Inc.	Closed 7,577,016	$67,435,442,000
Nextdoor Holdings, Inc.	No change 4,282,910	$11,906,490,000	1.89%
Neuehealth Inc	No change 189,348	$1,030,053,000	0.16%
Root, Inc.	Closed 21,694	$227,353,000
Cyngn Inc	No change 2,710,237	$197,847,000	0.03%
No transactions found
Showing first 500 out of 8 holdings