Whale Rock Capital Management 13F, Q1 2025
Whale Rock Capital · quarter ending 31 March 2025 · filed 15 May 2025 · SEC CIK 1387322
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2025
The 25 largest of 32 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2024 filing.
| Company | Ticker | Value | % of book | vs Q4 2024 |
|---|---|---|---|---|
| CELESTICA INC | CLS | $541.13M | 9.4% | +16% shares |
| APPLOVIN CORP | APP | $487.31M | 8.5% | +2% shares |
| AMAZON COM INC | AMZN | $480.08M | 8.3% | -28% shares |
| META PLATFORMS INC | META | $390.81M | 6.8% | -17% shares |
| DUOLINGO INC | DUOL | $281.67M | 4.9% | -23% shares |
| ALPHABET INC | GOOGL | $268.03M | 4.7% | +21% shares |
| OKTA INC | OKTA | $267.59M | 4.6% | +213% shares |
| FABRINET | $254.42M | 4.4% | +53% shares | |
| NU HLDGS LTD | $250.48M | 4.3% | +11% shares | |
| ROBLOX CORP | RBLX | $243.97M | 4.2% | -12% shares |
| CARVANA CO | CVNA | $240.58M | 4.2% | -5% shares |
| BROADCOM INC | AVGO | $240.42M | 4.2% | -44% shares |
| DRAFTKINGS INC NEW | DKNG | $202.65M | 3.5% | +23% shares |
| MICROSOFT CORP | MSFT | $201.75M | 3.5% | +2068% shares |
| NVIDIA CORPORATION | NVDA | $201.46M | 3.5% | -38% shares |
| SEMTECH CORP | SMTC | $136.02M | 2.4% | +21% shares |
| KLAVIYO INC | KVYO | $131.02M | 2.3% | +12% shares |
| IMPINJ INC | PI | $111.73M | 1.9% | new |
| HUBSPOT INC | HUBS | $103.59M | 1.8% | unchanged |
| MERCADOLIBRE INC | MELI | $90.98M | 1.6% | -48% shares |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $87.06M | 1.5% | +110% shares |
| VERTIV HOLDINGS CO | VRT | $84.01M | 1.5% | -3% shares |
| WIX COM LTD | $79.57M | 1.4% | -55% shares | |
| BLOOM ENERGY CORP | BE | $77.75M | 1.4% | new |
| MONGODB INC | MDB | $72.44M | 1.3% | new |
What changed since Q4 2024
Against the Q4 2024 filing, Whale Rock Capital Management opened 5 new positions, added to 11, trimmed 14, left 2 unchanged and exited 11. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Exited
- CRMwas $276.36M
- RDDTwas $204.05M
- TEAMwas $170.94M
- CPNGwas $153.22M
- CYBERARK SOFTWARE LTDwas $150.70M
- AAPLwas $145.30M
- TWLOwas $111.31M
- CRWDwas $82.94M
and 3 more
Other quarters
Source: SEC Form 13F-HR, accession 0001172661-25-002342, 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.