Battery Management 13F annual report

Battery Management is an investment fund managing more than $453 billion ran by Christopher Schiavo. There are currently 5 companies in Mr. Schiavo’s portfolio. The largest investments include Braze Inc and Sprinklr, together worth $337 billion.

$453 billion Assets Under Management (AUM)

As of 1st May 2024, Battery Management’s top holding is 4,715,119 shares of Braze Inc currently worth over $209 billion and making up 46.1% of the portfolio value. In addition, the fund holds 10,409,759 shares of Sprinklr worth $128 billion, whose value fell 18.3% in the past six months. The third-largest holding is Amplitude Inc worth $97.4 billion and the next is Champions Oncology Inc worth $11.9 billion, with 2,421,673 shares owned.

Currently, Battery Management's portfolio is worth at least $453 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 Battery Management

The Battery Management office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Christopher Schiavo serves as the Chief Financial Officer at Battery Management.

Recent trades

In the most recent 13F filing, Battery Management revealed that it had increased its stake in Amplitude Inc and bought 2,874,959 additional shares worth around .

On the other hand, there are companies that Battery Management is getting rid of from its portfolio. Battery Management closed its position in Sumo Logic on 8th May 2024. It sold the previously owned 4,257,435 shares for $34.5 billion. Christopher Schiavo also disclosed a decreased stake in Braze Inc by 0.1%. This leaves the value of the investment at $209 billion and 4,715,119 shares.

One of the average hedge funds

The two most similar investment funds to Battery Management are Gries Financial and Citizens Business Bank. They manage $453 billion and $454 billion respectively.

Christopher Schiavo investment strategy

Battery Management’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Technology — making up 28.2% of the total portfolio value. The fund focuses on investments in the United States as 40.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are small-cap stocks. Stocks with a size of more than $100 million in market cap make up 20% of the total holdings value. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $1.2 billion.

The complete list of Battery Management trades based on 13F SEC filings

These positions were updated on May 8th 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
Braze Inc	10.69% 4,715,119	$208,879,772,000	46.06%
Sprinklr, Inc.	55.01% 10,409,759	$127,727,743,000	28.17%
Amplitude Inc	47.31% 8,951,304	$97,390,188,000	21.48%
Sumo Logic, Inc.	Closed 4,257,435	$34,485,224,000
Olo Inc.	Closed 2,837,147	$17,732,169,000
Champions Oncology Inc	No change 2,421,673	$11,866,198,000	2.62%
Wag Group Co	No change 3,853,840	$7,630,603,000	1.68%
Affirm Holdings, Inc.	Closed 617,560	$5,971,805,000
No transactions found
Showing first 500 out of 8 holdings