Long Walk Management L.P. 13F annual report

Long Walk Management L.P. is an investment fund managing more than $212 billion ran by James Zimmerman. There are currently 9 companies in Mr. Zimmerman’s portfolio. The largest investments include Reddit Inc and Cloudflare Inc, together worth $66.6 billion.

$212 billion Assets Under Management (AUM)

As of 6th August 2024, Long Walk Management L.P.’s top holding is 557,500 shares of Reddit Inc currently worth over $35.6 billion and making up 16.8% of the portfolio value. In addition, the fund holds 373,500 shares of Cloudflare Inc worth $30.9 billion, whose value fell 23.3% in the past six months. The third-largest holding is Shopify Inc worth $29.6 billion and the next is Spotify Technology S.A worth $26.7 billion, with 85,000 shares owned.

Currently, Long Walk Management L.P.'s portfolio is worth at least $212 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 Long Walk Management L.P.

The Long Walk Management L.P. office and employees reside in Greenwich, Connecticut. According to the last 13-F report filed with the SEC, James Zimmerman serves as the Chief Compliance Officer at Long Walk Management L.P..

Recent trades

In the most recent 13F filing, Long Walk Management L.P. revealed that it had opened a new position in Reddit Inc and bought 557,500 shares worth $35.6 billion.

The investment fund also strengthened its position in Cloudflare Inc by buying 168,500 additional shares. This makes their stake in Cloudflare Inc total 373,500 shares worth $30.9 billion. Cloudflare Inc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Long Walk Management L.P. is getting rid of from its portfolio. Long Walk Management L.P. closed its position in Microsoft on 13th August 2024. It sold the previously owned 30,000 shares for $12.6 billion. James Zimmerman also disclosed a decreased stake in Sea Ltd by 0.1%. This leaves the value of the investment at $24.6 billion and 345,000 shares.

One of the smallest hedge funds

The two most similar investment funds to Long Walk Management L.P. are Archon Capital Management and Gs Investments. They manage $212 billion and $212 billion respectively.

James Zimmerman investment strategy

Long Walk Management L.P.’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Technology — making up 67.2% of the total portfolio value. The fund focuses on investments in the United States as 55.6% 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 44% 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 $16.4 billion.

The complete list of Long Walk Management L.P. 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
Reddit Inc	Opened 557,500	$35,618,675,000	16.82%
Cloudflare Inc	82.20% 373,500	$30,937,005,000	14.61%
Shopify Inc	7.83% 447,500	$29,557,375,000	13.96%
Spotify Technology S.A.	15.65% 85,000	$26,672,150,000	12.59%
Procore Technologies, Inc.	49.41% 382,500	$25,363,575,000	11.98%
Sea Ltd	11.54% 345,000	$24,639,900,000	11.63%
Appfolio Inc	37.41% 89,500	$21,889,015,000	10.33%
Microsoft Corporation	Closed 30,000	$12,621,600,000
RH	Closed 28,500	$9,925,410,000
Floor & Decor Holdings Inc	39.74% 92,500	$9,195,425,000	4.34%
Duolingo, Inc.	11.63% 38,000	$7,929,460,000	3.74%
No transactions found
Showing first 500 out of 11 holdings