First Growth Capital Management 13F annual report
First Growth Capital Management is an investment fund managing more than $142 million ran by Nicolas Boullet. There are currently 25 companies in Mr. Boullet’s portfolio. The largest investments include Twilio Inc and DocuSign Inc, together worth $26.2 million.
$142 million Assets Under Management (AUM)
As of 10th February 2021, First Growth Capital Management’s top holding is 38,950 shares of Twilio Inc currently worth over $13.2 million and making up 9.3% of the portfolio value.
Relative to the number of outstanding shares of Twilio Inc, First Growth Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 58,600 shares of DocuSign Inc worth $13 million, whose value grew 27.4% in the past six months.
The third-largest holding is Shopify Inc worth $10.3 million and the next is Zoom Video Communications In worth $10.3 million, with 30,400 shares owned.
Currently, First Growth Capital Management's portfolio is worth at least $142 million. 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 First Growth Capital Management
The First Growth Capital Management office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Nicolas Boullet serves as the CCO at First Growth Capital Management.
Recent trades
In the most recent 13F filing, First Growth Capital Management revealed that it had opened a new position in Twilio Inc and bought 38,950 shares worth $13.2 million.
One of the smallest hedge funds
The two most similar investment funds to First Growth Capital Management are Total Clarity Wealth Management and Claudia M.p. Batlle, Crp (r). They manage $142 million and $143 million respectively.
Nicolas Boullet investment strategy
First Growth Capital Management’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 74.5% of
the total portfolio value.
The fund focuses on investments in the United States as
72.0% 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
76% 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 $126 billion.
The complete list of First Growth Capital Management trades based on 13F SEC filings
These positions were updated on February 17th 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 |
|---|---|---|---|
| Twilio Inc |
Opened
38,950
|
$13,185,000 | 9.25% |
| DocuSign Inc |
Opened
58,600
|
$13,027,000 | 9.14% |
| Shopify Inc |
Opened
9,110
|
$10,312,000 | 7.24% |
| Zoom Video Communications In |
Opened
30,400
|
$10,255,000 | 7.20% |
| RingCentral Inc. |
Opened
26,700
|
$10,118,000 | 7.10% |
| BlackLine Inc |
Opened
63,500
|
$8,470,000 | 5.95% |
| Autodesk Inc. |
Opened
24,450
|
$7,466,000 | 5.24% |
| Zendesk Inc |
Opened
50,000
|
$7,156,000 | 5.02% |
| Atlassian Corp Plc-class A |
Opened
29,100
|
$6,806,000 | 4.78% |
| Amazon.com Inc. |
Opened
2,025
|
$6,595,000 | 4.63% |
| Five9 Inc |
Opened
36,600
|
$6,383,000 | 4.48% |
| MakeMyTrip Ltd |
Opened
213,596
|
$6,307,000 | 4.43% |
| Paycom Software Inc |
Opened
12,950
|
$5,857,000 | 4.11% |
| ServiceNow Inc |
Opened
10,550
|
$5,807,000 | 4.08% |
| Workday Inc |
Opened
22,850
|
$5,475,000 | 3.84% |
| Coupa Software Inc |
Opened
16,000
|
$5,423,000 | 3.81% |
| Anaplan Inc |
Opened
74,000
|
$5,317,000 | 3.73% |
| Everbridge Inc |
Opened
30,500
|
$4,547,000 | 3.19% |
| Avalara Inc |
Opened
6,750
|
$1,113,000 | 0.78% |
| ZoomInfo Technologies Inc. |
Opened
15,500
|
$748,000 | 0.53% |
| Airbnb, Inc. |
Opened
3,500
|
$514,000 | 0.36% |
| HubSpot Inc |
Opened
1,250
|
$496,000 | 0.35% |
| MongoDB Inc |
Opened
1,250
|
$449,000 | 0.32% |
| MercadoLibre Inc |
Opened
250
|
$419,000 | 0.29% |
| Salesforce.Com Inc |
Opened
1,000
|
$223,000 | 0.16% |
| No transactions found | |||
| Showing first 500 out of 25 holdings | |||
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