EMERGENCE GP PARTNERS, LLC

Fundamental diversified ★Signal technology specialist (100%) CIK 1589115
Long book
$111.5M
Q1 2026
Positions
4
Top-10 weight
100%
concentration
Last quarter
+9.1%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

EMERGENCE GP PARTNERS, LLC is a diversified fundamental manager, specialised in technology (100% of the long book), running a $111.5M US long book across 4 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VEEVA SYSTEMS INC-CLASS A, DOXIMITY INC-CLASS A, SERVICETITAN INC-A, BLEND LABS INC-A.

Over the last 9 quarters its long book ran on average 5.2pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-19.4%
Q2 2024
+20.9%
Q3 2024
+3.8%
Q4 2024
+7.2%
Q1 2025
+18.7%
Q2 2025
+5.3%
Q3 2025
-24.7%
Q4 2025
-27.7%
Q1 2026
+9.1%

Sector allocation

Technology
100%

Long book by quarter

$266.3M
Q1 2024
$214.7M
Q2 2024
$259.6M
Q3 2024
$271.1M
Q4 2024
$163.6M
Q1 2025
$194.3M
Q2 2025
$204.5M
Q3 2025
$154.1M
Q4 2025
$111.5M
Q1 2026

What does EMERGENCE GP own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
VEEV VEEVA SYSTEMS INC-CLASS ATechnology500.0K$87.8M78.8%Held
DOCS DOXIMITY INC-CLASS ATechnology387.5K$9.0M8.1%Held
TTAN SERVICETITAN INC-ATechnology116.5K$7.4M6.6%Held
BLND BLEND LABS INC-ATechnology4.2M$7.2M6.5%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 8, 20264$111.5M canonicalSEC ↗
Q4 202513F-HRFeb 6, 20264$154.1M canonicalSEC ↗
Q3 202513F-HRNov 12, 20254$204.5M canonicalSEC ↗
Q2 202513F-HRAug 13, 20254$194.3M canonicalSEC ↗
Q1 202513F-HRMay 5, 20254$163.6M canonicalSEC ↗
Q4 202413F-HRFeb 13, 20254$271.1M canonicalSEC ↗
Q3 202413F-HRNov 8, 20243$259.6M canonicalSEC ↗
Q2 202413F-HRAug 5, 20243$214.7M canonicalSEC ↗
Q1 202413F-HRAug 5, 20243$266.3M canonicalSEC ↗