Whale Rock Capital Management 13F, Q4 2023
Whale Rock Capital · quarter ending 31 December 2023 · filed 14 February 2024 · SEC CIK 1387322
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2023
The 25 largest of 38 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2023 filing.
| Company | Ticker | Value | % of book | vs Q3 2023 |
|---|---|---|---|---|
| META PLATFORMS INC | META | $485.42M | 8.7% | +7% shares |
| MICROSOFT CORP | MSFT | $435.23M | 7.8% | -16% shares |
| AMAZON COM INC | AMZN | $277.27M | 5.0% | new |
| ELASTIC N V | $272.89M | 4.9% | +99% shares | |
| DRAFTKINGS INC NEW | DKNG | $267.84M | 4.8% | -9% shares |
| PDD HOLDINGS INC | PDD | $251.55M | 4.5% | +3% shares |
| NVIDIA CORPORATION | NVDA | $251.08M | 4.5% | -35% shares |
| HUBSPOT INC | HUBS | $243.61M | 4.3% | -15% shares |
| EXPEDIA GROUP INC | EXPE | $238.02M | 4.3% | new |
| DUOLINGO INC | DUOL | $233.56M | 4.2% | -5% shares |
| OKTA INC | OKTA | $217.74M | 3.9% | +575% shares |
| NU HLDGS LTD | $206.59M | 3.7% | unchanged | |
| ADVANCED MICRO DEVICES INC | AMD | $206.14M | 3.7% | new |
| MONDAY COM LTD | $196.66M | 3.5% | new | |
| MERCADOLIBRE INC | MELI | $168.37M | 3.0% | +80% shares |
| WORKDAY INC | WDAY | $163.60M | 2.9% | -11% shares |
| JABIL INC | JBL | $160.63M | 2.9% | +17% shares |
| PALO ALTO NETWORKS INC | PANW | $137.10M | 2.5% | -24% shares |
| ZSCALER INC | ZS | $128.54M | 2.3% | -3% shares |
| FABRINET | $122.43M | 2.2% | +137% shares | |
| CELESTICA INC | $122.34M | 2.2% | +202% shares | |
| GUIDEWIRE SOFTWARE INC | GWRE | $112.34M | 2.0% | new |
| ON SEMICONDUCTOR CORP | ON | $93.28M | 1.7% | -40% shares |
| SUPER MICRO COMPUTER INC | $89.19M | 1.6% | -20% shares | |
| CYBERARK SOFTWARE LTD | $82.81M | 1.5% | -28% shares |
What changed since Q3 2023
Against the Q3 2023 filing, Whale Rock Capital Management opened 10 new positions, added to 11, trimmed 16, left 1 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
- AMZN$277.27M
- EXPE$238.02M
- AMD$206.14M
- MONDAY COM LTD$196.66M
- GWRE$112.34M
- SHOP$56.52M
- DOCS$42.54M
- NYT$37.47M
and 2 more
Exited
- SPLUNK INCwas $258.43M
- GOOGLwas $206.74M
- FTNTwas $135.05M
- CRMwas $116.01M
- RMBSwas $105.17M
- ACLSwas $84.31M
- TOSTwas $69.00M
- AKAMwas $49.43M
and 4 more
Other quarters
Source: SEC Form 13F-HR, accession 0001387322-24-000002, 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.