Whale Rock Capital Management 13F, Q1 2024
Whale Rock Capital · quarter ending 31 March 2024 · filed 15 May 2024 · SEC CIK 1387322
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2024
The 25 largest of 33 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2023 filing.
| Company | Ticker | Value | % of book | vs Q4 2023 |
|---|---|---|---|---|
| NVIDIA CORPORATION | NVDA | $742.67M | 11.0% | +62% shares |
| AMAZON COM INC | AMZN | $656.32M | 9.8% | +99% shares |
| META PLATFORMS INC | META | $625.99M | 9.3% | -6% shares |
| MICROSOFT CORP | MSFT | $532.98M | 7.9% | +10% shares |
| NU HLDGS LTD | $298.31M | 4.4% | unchanged | |
| SALESFORCE INC | CRM | $286.34M | 4.3% | new |
| DUOLINGO INC | DUOL | $281.28M | 4.2% | +24% shares |
| DRAFTKINGS INC NEW | DKNG | $280.58M | 4.2% | -19% shares |
| OKTA INC | OKTA | $238.09M | 3.5% | -5% shares |
| HUBSPOT INC | HUBS | $223.22M | 3.3% | -15% shares |
| APPLOVIN CORP | APP | $195.13M | 2.9% | new |
| MARVELL TECHNOLOGY INC | MRVL | $181.56M | 2.7% | new |
| TOAST INC | TOST | $179.11M | 2.7% | new |
| CELESTICA INC | $169.64M | 2.5% | -10% shares | |
| EXPEDIA GROUP INC | EXPE | $164.52M | 2.4% | -24% shares |
| GUIDEWIRE SOFTWARE INC | GWRE | $148.32M | 2.2% | +23% shares |
| PDD HOLDINGS INC | PDD | $143.99M | 2.1% | -28% shares |
| JABIL INC | JBL | $129.60M | 1.9% | -23% shares |
| MICRON TECHNOLOGY INC | MU | $124.79M | 1.9% | new |
| COHERENT CORP | COHR | $123.75M | 1.8% | new |
| HASHICORP INC | $123.05M | 1.8% | +293% shares | |
| MERCADOLIBRE INC | MELI | $122.29M | 1.8% | -25% shares |
| CYBERARK SOFTWARE LTD | $122.14M | 1.8% | +22% shares | |
| FABRINET | $117.36M | 1.7% | -4% shares | |
| ELASTIC N V | $115.00M | 1.7% | -53% shares |
What changed since Q4 2023
Against the Q4 2023 filing, Whale Rock Capital Management opened 7 new positions, added to 9, 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.
Exited
- AMDwas $206.14M
- ZSwas $128.54M
- ONwas $93.28M
- SUPER MICRO COMPUTER INCwas $89.19M
- DDOGwas $60.04M
- SHOPwas $56.52M
- DOCSwas $42.54M
- IOTwas $39.71M
and 4 more
Other quarters
Source: SEC Form 13F-HR, accession 0001387322-24-000004, 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.