We are live on
!
Find out more
SGM
Scalar Gauge Management Portfolio holdings
AUM
$104M
1-Year Est. Return
74.68%
This Fund
S&P 500
This Quarter
Est. Return
+6.47%
1 Year Est. Return
+74.68%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$152M
AUM Growth
-$44.9M
(-23%)
Cap. Flow
-$51.1M
Cap. Flow
% of AUM
-33.72%
Top 10 Holdings %
Top 10 Hldgs %
68.76%
Holding
48
New
16
Increased
4
Reduced
12
Closed
16
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Zscaler
ZS
|
+$7.06M |
| 2 |
Arista Networks
ANET
|
+$6.19M |
| 3 |
SiTime
SITM
|
+$5.01M |
| 4 |
Aaon
AAON
|
+$4.71M |
| 5 |
Applied Optoelectronics
AAOI
|
+$4.09M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Comfort Systems
FIX
|
+$13.2M |
| 2 |
PagerDuty
PD
|
+$8.86M |
| 3 |
AutoZone
AZO
|
+$7.29M |
| 4 |
Fabrinet
FN
|
+$7.18M |
| 5 |
Broadcom
AVGO
|
+$6.97M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 84.09% |
| 2 | Industrials | 7.74% |
| 3 | Communication Services | 4.71% |
| 4 | Utilities | 1.58% |
| 5 | Healthcare | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CWAN
26
DELISTED
Clearwater Analytics
CWAN
| $1.33M | 0.88% |
+55,000
| New | +$1.1M |
|
27
Amazon
AMZN
$2.96T
| $692K | 0.46% |
+3,000
| New | +$686K |
|
28
OneSpan
OSPN
$618M
| $535K | 0.35% |
41,641
-173,359
| -81% | -$2.35M |
|
|
JAMF
29
CALL
DELISTED
Jamf
JAMF
| $348K | 0.23% |
+700
| New | +$8.49K |
|
30
CALL
Celestica
CLS
$36.5B
| $264K | 0.17% |
+100
| New | +$30.1K |
|
31
CALL
BlackLine
BL
$1.72B
| $88K | 0.06% |
207
-100
| -33% | -$5.51K |
|
32
CALL
Marvell Technology
MRVL
$196B
| $64.5K | 0.04% |
+100
| New | +$8.75K |
|
|
33
AutoZone
AZO
$51.1B
| – | – |
-1,700
| Closed | -$7.29M |
|
34
Cellebrite
CLBT
$3.99B
| – | – |
-92,210
| Closed | -$1.71M |
|
35
Cisco
CSCO
$479B
| – | – |
-30,000
| Closed | -$2.05M |
|
36
Emcor
EME
$36B
| – | – |
-10,500
| Closed | -$6.82M |
|
37
F5
FFIV
$22.7B
| – | – |
-1,000
| Closed | -$323K |
|
|
38
Comfort Systems
FIX
$59.6B
| – | – |
-16,000
| Closed | -$13.2M |
|
39
JFrog
FROG
$10.8B
| – | – |
-58,000
| Closed | -$2.75M |
|
40
Guidewire Software
GWRE
$14.2B
| – | – |
-23,000
| Closed | -$5.29M |
|
41
Howmet Aerospace
HWM
$113B
| – | – |
-13,000
| Closed | -$2.55M |
|
42
Motorcar Parts of America
MPAA
$258M
| – | – |
-53,000
| Closed | -$877K |
|
43
N-able
NABL
$940M
| – | – |
-500,534
| Closed | -$3.9M |
|
|
44
CALL
PagerDuty
PD
$902M
| – | – |
-491
| Closed | -$240K |
|
|
45
PagerDuty
PD
$902M
| – | – |
-536,504
| Closed | -$8.86M |
|
|
PRO
46
DELISTED
PROS Holdings
PRO
| – | – |
-60,000
| Closed | -$1.37M |
|
47
CALL
Similarweb
SMWB
$658M
| – | – |
-200
| Closed | -$4K |
|
|
48
Similarweb
SMWB
$658M
| – | – |
-441,742
| Closed | -$4.11M |
|
Similar funds
RFPS
SPM
FI
RI
DI
SAM
JMA
EEL
Scalar Gauge Management's Q4 2025 Portfolio in Review
As of Q4 2025, Scalar Gauge Management held 48 positions worth $152M, down 23% from $197M the previous quarter. Its ten largest holdings account for 69% of the portfolio.
Scalar Gauge Management withdrew a net $51.1M in Q4 2025, closing 16 positions and reducing 12 holdings. Its most notable exit was Comfort Systems, an estimated $13.2M position sold in full.
By sector, the portfolio is most concentrated in Technology at 84% of assets, up from 68% a quarter earlier, followed by Industrials and Communication Services.
Against the trend, Scalar Gauge Management opened a new position in Zscaler worth $5.62M.
- Scalar Gauge Management's largest Q4 2025 buy was Zscaler: 25,000 shares worth $5.62M.
- Scalar Gauge Management added most to SiTime in Q4 2025, an estimated $5.01M increase.
- Scalar Gauge Management's biggest Q4 2025 reduction was Fabrinet, cutting an estimated $7.18M.
- Scalar Gauge Management fully exited Comfort Systems in Q4 2025, selling an estimated $13.2M.
- Scalar Gauge Management's ten largest holdings make up 69% of its $152M portfolio in Q4 2025.
- Scalar Gauge Management opened 16 new positions and closed 16 in Q4 2025.
- Scalar Gauge Management's portfolio value fell 23% quarter-over-quarter to $152M.
Based on Scalar Gauge Management's 13F filing for Q4 2025, filed 17 Feb 2026.