Whale Rock Capital Management 13F holdings, Q1 2024
Holdings as of March 31, 2024 · filings on SEC EDGAR · latest filing →
Whale Rock Capital Management disclosed 33 US equity positions worth $6.7bn in its Q1 2024 13F filing. The largest position was NVDA at 11.0% of the reported book, followed by AMZN and META. Against the Q4 2023 filing, it opened 7 new positions, added to 10 and reduced 16 among the top 33 holdings.
What did Whale Rock Capital Management own in Q1 2024? Top 33 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2023 |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORPORATION | Technology | 11.0% | $742.7m | 821,936 | 62% | added |
| 2 | AMZN AMAZON COM INC | Consumer Cyclical | 9.8% | $656.3m | 3,638,560 | 99% | added |
| 3 | META META PLATFORMS INC | Communication Services | 9.3% | $626.0m | 1,289,164 | -6% | reduced |
| 4 | MSFT MICROSOFT CORP | Technology | 7.9% | $533.0m | 1,266,838 | 9% | added |
| 5 | NU NU HLDGS LTD | Financial Services | 4.4% | $298.3m | 25,004,827 | 1% | added |
| 6 | CRM SALESFORCE INC | Technology | 4.3% | $286.3m | 950,736 | – | new |
| 7 | DUOL DUOLINGO INC | Technology | 4.2% | $281.3m | 1,275,189 | 24% | added |
| 8 | DKNG DRAFTKINGS INC NEW | Consumer Cyclical | 4.2% | $280.6m | 6,178,836 | -19% | reduced |
| 9 | OKTA OKTA INC | Technology | 3.5% | $238.1m | 2,275,743 | -5% | reduced |
| 10 | HUBS HUBSPOT INC | Technology | 3.3% | $223.2m | 356,270 | -15% | reduced |
| 11 | APP APPLOVIN CORP | Communication Services | 2.9% | $195.1m | 2,818,974 | – | new |
| 12 | MRVL MARVELL TECHNOLOGY INC | Technology | 2.7% | $181.6m | 2,561,493 | – | new |
| 13 | TOST TOAST INC | Technology | 2.7% | $179.1m | 7,187,434 | – | new |
| 14 | CLS CELESTICA INC | Technology | 2.5% | $169.6m | 3,774,912 | -10% | reduced |
| 15 | EXPE EXPEDIA GROUP INC | Consumer Cyclical | 2.4% | $164.5m | 1,194,326 | -24% | reduced |
| 16 | GWRE GUIDEWIRE SOFTWARE INC | Technology | 2.2% | $148.3m | 1,270,870 | 23% | added |
| 17 | PDD PDD HOLDINGS INC | Consumer Cyclical | 2.1% | $144.0m | 1,238,584 | -28% | reduced |
| 18 | JBL JABIL INC | Technology | 1.9% | $129.6m | 967,518 | -23% | reduced |
| 19 | MU MICRON TECHNOLOGY INC | Technology | 1.9% | $124.8m | 1,058,492 | – | new |
| 20 | COHR COHERENT CORP | Technology | 1.8% | $123.7m | 2,041,374 | – | new |
| 21 | HASHICORP INC | 1.8% | $123.0m | 4,565,728 | 293% | added | |
| 22 | MELI MERCADOLIBRE INC | Consumer Cyclical | 1.8% | $122.3m | 80,879 | -25% | reduced |
| 23 | CYBERARK SOFTWARE LTD | 1.8% | $122.1m | 459,828 | 22% | added | |
| 24 | FN FABRINET | Technology | 1.7% | $117.4m | 620,879 | -3% | reduced |
| 25 | ESTC ELASTIC N V | Technology | 1.7% | $115.0m | 1,147,224 | -53% | reduced |
| 26 | MNDY MONDAY COM LTD | Technology | 1.4% | $97.4m | 431,365 | -59% | reduced |
| 27 | PANW PALO ALTO NETWORKS INC | Technology | 1.4% | $90.9m | 319,888 | -31% | reduced |
| 28 | CDNS CADENCE DESIGN SYSTEM INC | Technology | 1.0% | $66.4m | 213,297 | -3% | reduced |
| 29 | WDAY WORKDAY INC | Technology | 0.9% | $63.0m | 230,974 | -61% | reduced |
| 30 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 0.5% | $32.2m | 236,418 | – | new |
| 31 | MDB MONGODB INC | Technology | 0.3% | $19.9m | 55,485 | -3% | reduced |
| 32 | AAOI APPLIED OPTOELECTRONICS INC | Technology | 0.3% | $18.5m | 1,333,957 | 30% | added |
| 33 | KVYO KLAVIYO INC | Technology | 0.2% | $14.8m | 579,113 | 122% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.