Institutional Venture Management XIV, LLC
CIK
1550304
Location
Menlo Park, CA
Portfolio Value
Micro
$67,730,355
Diversification
Highly concentrated
Filing Date
Global Rank
#5,121
/ 6,900
▼ 1505
· as of Sep 2023
Top Industry
Internet Content & Information
67.5%
3Y Alpha vs SPY
-33.2%
Period ended 2 years ago
Filed Nov 9, 2023 · 2y
15 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
-36.6%
SPY
+76.5%
Annualised alpha
-34.9%
Max drawdown
−58.3%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
2 positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023Top Position
67.5%
−13.9 pts
Top 5
100.0%
0.0 pts
Top 10
100.0%
0.0 pts
HHI
5,613
Highly concentrated−1,208
Portfolio Trend
15 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Communication Services | 67.5% | $45,725,016 |
| Financial Services | 32.5% | $22,005,339 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedNo qualifying positions this quarter.
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exited
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| NRDS | Nerdwallet, Inc. | 1,113,635 | $10,479,305 | |
| No positions match the current search. | ||||
2 positions ·
$67,730,355 total
· as of Sep 30, 2023
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| ZIP |
Ziprecruiter, Inc.
Communication Services
|
Reduced | 3,813,596 | $45,725,016 | 67.51% | |
| OPRT |
Oportun Financial Corp
Financial Services
|
Reduced | 3,047,831 | $22,005,339 | 32.49% |