SEC 13F Intelligence

Managers / Q4 2024

CIGOGNE MANAGEMENT SANEW FILER

CIK 0002047346 · 18 BOULEVARD ROYAL, LUXEMBOURG, N4, L-2449 · 0035227464682

Reported Value
$169M
Q4 2024
Positions
86
Filings on Record
1
2019–present window
Filed
Feb 14, 2025
original filing

Summary

Cigogne Management SA reported $169M in U.S.-listed holdings across 86 positions for Q4 2024.

Its largest position, Airbnb, represents 6.1% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+36.0%
share of reported value
Largest Position
+6.1%
Airbnb

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’24: $169MQ4 ’24filingsflow.com

Portfolio Composition

By security type
Common Stock: 65.1%Other: 23.0%US DOMESTIC: 10.7%ADR: 1.2%
  • Common Stock · 65.1% · $110M
  • Other · 23.0% · $39M
  • US DOMESTIC · 10.7% · $18M
  • ADR · 1.2% · $2M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
JNPJUNIPER NETWORKS INCNEW+279.7K279.7K+$10M$10M
AIRBNB INCNEW+11.00M11.00M+$10M$10M
ENDEAVOR GROUP HLDGS INCNEW+270.0K270.0K+$8M$8M
HCP2EURHASHICORP INCNEW+203.8K203.8K+$7M$7M
DEUTSCHE BANK A GNEW+375.0K375.0K+$6M$6M
ARCADIUM LITHIUM PLCNEW+1.14M1.14M+$6M$6M
SMARGBPSMARTSHEET INCNEW+97.8K97.8K+$5M$5M
FYBRFRONTIER COMMUNICATIONS PARENEW+147.4K147.4K+$5M$5M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2024

37 positions
#IssuerClass% PortfolioValueShares
1AIRBNB INCNOTE 3/16.12%$10M11.00M
2ENDEAVOR GROUP HLDGS INCCL A COM5.01%$8M270.0K
3HCP2EURHASHICORP INChistory →COM CL A4.14%$7M203.8K
4JNPJUNIPER NETWORKS INChistory →COM3.77%$6M169.7K
5SMARGBPSMARTSHEET INChistory →COM CL A3.25%$5M97.8K
6FYBRFRONTIER COMMUNICATIONS PAREhistory →COM3.03%$5M147.4K
7ZUOUSDZUORA INChistory →COM CL A2.91%$5M495.0K
8ENSTAR GROUP LIMITEDSHS2.85%$5M14.9K
9ARCADIUM LITHIUM PLCCOM SHS2.55%$4M838.5K
10FORD MTR CONOTE 3/12.30%$4M4.00M
11AGSPLAYAGS INChistory →COM2.28%$4M332.6K
12FIRST FINANCIAL NORTHWEST INCOM2.27%$4M176.1K
13G2CEVERI HLDGS INChistory →COM2.18%$4M272.4K
14SU6SURMODICS INChistory →COM1.84%$3M78.5K
15AMEDAMEDISYS INChistory →COM1.60%$3M29.6K
16PTVEUSDPACTIV EVERGREEN INChistory →COM1.55%$3M150.0K
17SRGSERITAGE GROWTH PPTYShistory →CL A1.51%$3M619.8K
18MATTERPORT INCCOM CL A1.46%$2M517.5K
19GAN LTDSHS1.40%$2M1.30M
20AVID BIOSERVICES INCCOM1.39%$2M189.1K
21MONEYLION INCCL A1.22%$2M24.0K
22AFBIAFFINITY BANCSHARES INChistory →COM1.20%$2M115.4K
23DROPBOX INCNOTE 3/01.18%$2M2.00M
2407SSECUREWORKS CORPhistory →CL A1.18%$2M234.4K
25XXYCROSS CTRY HEALTHCARE INChistory →COM1.16%$2M108.0K
26TRIPADVISOR INCNOTE 0.250% 4/01.11%$2M2.00M
27INNOVID CORPCOMMON STOCK1.10%$2M600.0K
28AEUSDADAMS RES & ENERGY INChistory →COM NEW1.07%$2M47.9K
29GRFSGRIFOLS S Ahistory →SP ADR REP B NVT1.05%$2M238.9K
30ICC HLDGS INCCOM1.02%$2M74.0K
31PDCOEURPATTERSON COS INChistory →COM1.01%$2M55.0K
32SEQUANS COMMUNICATIONS S ASPONSORED ADS0.97%$2M470.6K
33KELKELLANOVACOM0.80%$1M16.8K
34CAPRI HOLDINGS LIMITEDSHS0.72%$1M57.5K
35GATOS SILVER INCCOM0.70%$1M85.0K
36INBXINHIBRX BIOSCIENCES INCCOM0.69%$1M75.9K
37CONTEXTLOGIC INCCL A NEW0.69%$1M165.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2024$169M86Feb 14, 202513F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • Caisse Federale de Credit Mutuel
  • Groupe la Francaise

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.