Whale Rock Capital Management 13F, Q3 2023
Whale Rock Capital · quarter ending 30 September 2023 · filed 14 November 2023 · SEC CIK 1387322
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2023
The 25 largest of 40 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $433.39M | 8.8% | +7% shares |
| META PLATFORMS INC | META | $386.29M | 7.8% | -26% shares |
| NVIDIA CORPORATION | NVDA | $338.21M | 6.8% | -20% shares |
| SPLUNK INC | $258.43M | 5.2% | +9% shares | |
| DRAFTKINGS INC NEW | DKNG | $245.06M | 5.0% | +3% shares |
| HUBSPOT INC | HUBS | $242.91M | 4.9% | -12% shares |
| ALPHABET INC | GOOGL | $206.74M | 4.2% | +314% shares |
| NU HLDGS LTD | $181.67M | 3.7% | +3% shares | |
| DUOLINGO INC | DUOL | $179.98M | 3.6% | -18% shares |
| ON SEMICONDUCTOR CORP | ON | $173.75M | 3.5% | +4% shares |
| PDD HOLDINGS INC | PDD | $163.87M | 3.3% | +99% shares |
| ORACLE CORP | ORCL | $145.99M | 3.0% | -4% shares |
| PALO ALTO NETWORKS INC | PANW | $143.25M | 2.9% | -28% shares |
| WORKDAY INC | WDAY | $142.20M | 2.9% | +2% shares |
| JABIL INC | JBL | $136.40M | 2.8% | +30% shares |
| FORTINET INC | FTNT | $135.05M | 2.7% | -12% shares |
| DATADOG INC | DDOG | $127.34M | 2.6% | +24% shares |
| SALESFORCE INC | CRM | $116.01M | 2.3% | -6% shares |
| SUPER MICRO COMPUTER INC | $108.02M | 2.2% | -11% shares | |
| RAMBUS INC DEL | RMBS | $105.17M | 2.1% | +147% shares |
| ELASTIC N V | $98.68M | 2.0% | new | |
| ZSCALER INC | ZS | $92.88M | 1.9% | -23% shares |
| CYBERARK SOFTWARE LTD | $85.53M | 1.7% | -38% shares | |
| AXCELIS TECHNOLOGIES INC | ACLS | $84.31M | 1.7% | +9% shares |
| MERCADOLIBRE INC | MELI | $75.67M | 1.5% | -11% shares |
What changed since Q2 2023
Against the Q2 2023 filing, Whale Rock Capital Management opened 11 new positions, added to 15, trimmed 14, left 0 unchanged and exited 12. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- ELASTIC N V$98.68M
- AKAM$49.43M
- FABRINET$45.30M
- CPNG$43.42M
- CAMTEK LTD$42.28M
- CELESTICA INC$33.94M
- ONTO$22.97M
- SPHR$16.39M
and 3 more
Exited
- NFLXwas $334.14M
- MONDAY COM LTDwas $140.69M
- AMDwas $133.68M
- ARISTA NETWORKS INCwas $114.27M
- 8QRwas $105.59M
- MPWRwas $71.05M
- Pwas $62.50M
- AMZNwas $60.73M
and 4 more
Other quarters
Source: SEC Form 13F-HR, accession 0001387322-23-000007, filed by Whale Rock Capital Management LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.