S Squared Technology 13F annual report
S Squared Technology is an investment fund managing more than $227 billion ran by Kenneth Goldblatt. There are currently 35 companies in Mr. Goldblatt’s portfolio. The largest investments include Marvell Technology Inc and Universal Display, together worth $35 billion.
$227 billion Assets Under Management (AUM)
As of 7th August 2024, S Squared Technology’s top holding is 260,357 shares of Marvell Technology Inc currently worth over $18.2 billion and making up 8.0% of the portfolio value.
Relative to the number of outstanding shares of Marvell Technology Inc, S Squared Technology owns more than approximately 0.1% of the company.
In addition, the fund holds 80,000 shares of Universal Display worth $16.8 billion, whose value fell 1.6% in the past six months.
The third-largest holding is Krystal Biotech Inc worth $15.6 billion and the next is SiTime Corp worth $13.6 billion, with 109,046 shares owned.
Currently, S Squared Technology's portfolio is worth at least $227 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 S Squared Technology
The S Squared Technology office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Kenneth Goldblatt serves as the Managing Member at S Squared Technology.
Recent trades
In the most recent 13F filing, S Squared Technology revealed that it had opened a new position in
Axcelis Technologies Inc and bought 49,000 shares worth $6.97 billion.
This means they effectively own approximately 0.1% of the company.
Axcelis Technologies Inc makes up
5.2%
of the fund's Technology sector allocation and has decreased its share price by 33.9% in the past year.
The investment fund also strengthened its position in Marvell Technology Inc by buying
10,000 additional shares.
This makes their stake in Marvell Technology Inc total 260,357 shares worth $18.2 billion.
Marvell Technology Inc soared 7.5% in the past year.
On the other hand, there are companies that S Squared Technology is getting rid of from its portfolio.
S Squared Technology closed its position in Micron Technology on 14th August 2024.
It sold the previously owned 60,000 shares for $5.12 billion.
Kenneth Goldblatt also disclosed a decreased stake in Krystal Biotech Inc by 0.2%.
This leaves the value of the investment at $15.6 billion and 85,215 shares.
One of the smallest hedge funds
The two most similar investment funds to S Squared Technology are Marks Wealth and Pcg Wealth Advisors. They manage $227 billion and $227 billion respectively.
Kenneth Goldblatt investment strategy
S Squared Technology’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 58.7% of
the total portfolio value.
The fund focuses on investments in the United States as
71.4% 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
6% of the total holdings value.
On the other hand, large-cap stocks make up only 2.9% of the portfolio.
The average market cap of the portfolio companies is close to $3.18 billion.
The complete list of S Squared Technology 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 |
|---|---|---|---|
| Marvell Technology Inc |
3.99%
260,357
|
$18,198,954,000 | 8.03% |
| Universal Display Corp. |
No change
80,000
|
$16,820,000,000 | 7.42% |
| Krystal Biotech Inc |
22.68%
85,215
|
$15,648,883,000 | 6.91% |
| SiTime Corp |
36.23%
109,046
|
$13,563,141,000 | 5.99% |
| Symbotic Inc |
27.78%
345,000
|
$12,130,200,000 | 5.35% |
| MACOM Technology Solutions Holdings Inc |
26.13%
98,946
|
$11,029,511,000 | 4.87% |
| Kratos Defense Security |
16.72%
544,475
|
$10,894,945,000 | 4.81% |
| Allegro Microsystems Inc |
9.76%
337,451
|
$9,529,616,000 | 4.21% |
| Proto Labs Inc |
11.90%
282,003
|
$8,711,073,000 | 3.84% |
| Lumentum Holdings Inc |
No change
166,463
|
$8,476,296,000 | 3.74% |
| Silicon Laboratories Inc |
6.33%
74,000
|
$8,186,620,000 | 3.61% |
| Asure Software Inc |
4.31%
934,757
|
$7,851,959,000 | 3.47% |
| Axcelis Technologies Inc |
Opened
49,000
|
$6,967,310,000 | 3.07% |
| Ichor Holdings Ltd |
9.77%
180,344
|
$6,952,261,000 | 3.07% |
| Ambarella Inc |
24.86%
125,551
|
$6,773,476,000 | 2.99% |
| Magnite Inc |
47.29%
494,505
|
$6,571,971,000 | 2.90% |
| AvePoint Inc |
Opened
572,000
|
$5,960,240,000 | 2.63% |
| Docgo Inc |
85.57%
1,901,078
|
$5,874,331,000 | 2.59% |
| Thryv Holdings Inc |
14.15%
288,093
|
$5,133,817,000 | 2.27% |
| Micron Technology Inc. |
Closed
60,000
|
$5,120,400,000 | |
| Pros Holdings Inc |
249.14%
176,339
|
$5,052,112,000 | 2.23% |
| Outbrain Inc |
16.66%
935,173
|
$4,657,162,000 | 2.06% |
| NV5 Global Inc |
Closed
40,057
|
$4,451,134,000 | |
| Power Solutions Internationa |
No change
690,074
|
$4,392,321,000 | 1.94% |
| Similarweb Ltd. |
Opened
540,210
|
$4,197,432,000 | 1.85% |
| 8X8 Inc. |
6.46%
1,646,863
|
$3,656,036,000 | 1.61% |
| Magnachip Semiconduct-dep Sh |
No change
689,715
|
$3,358,912,000 | 1.48% |
| DXC Technology Co |
No change
160,000
|
$3,054,400,000 | 1.35% |
| Grid Dynamics Holdings, Inc. |
26.16%
289,881
|
$3,046,649,000 | 1.34% |
| Gaia Inc |
No change
628,305
|
$2,770,825,000 | 1.22% |
| Nexxen International Ltd American Deposi |
Closed
328,284
|
$1,661,117,000 | |
| LendingTree Inc. |
Opened
38,704
|
$1,609,699,000 | 0.71% |
| EverQuote Inc |
Opened
67,026
|
$1,398,162,000 | 0.62% |
| Cantaloupe Inc |
No change
197,822
|
$1,305,625,000 | 0.58% |
| Zoominfo Technologies Inc-a |
Opened
85,200
|
$1,088,004,000 | 0.48% |
| Brightcove Inc |
Opened
400,319
|
$948,756,000 | 0.42% |
| Nerdy Inc |
Closed
204,786
|
$702,416,000 | |
| Allot Communications Ltd |
No change
185,860
|
$431,195,000 | 0.19% |
| Digital Turbine Inc |
47.35%
214,060
|
$355,340,000 | 0.16% |
| Arlo Technologies Inc |
Closed
30,000
|
$285,600,000 | |
| No transactions found | |||
| Showing first 500 out of 40 holdings | |||
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