Whetstone Capital Advisors, LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Whetstone Capital Advisors, LLC disclosed 54 US equity positions worth $320.5m in its Q4 2025 13F filing. The largest position was DAVE at 18.8% of the reported book, followed by NET and GOOG. Against the Q3 2025 filing, it opened 8 new positions, added to 17 and reduced 19 among the top 50 holdings.
What did Whetstone Capital Advisors, LLC own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | DAVE DAVE INC | Technology | 18.8% | $60.2m | 271,947 | -2% | reduced |
| 2 | NET CLOUDFLARE INC | Technology | 18.0% | $57.8m | 293,031 | -6% | reduced |
| 3 | GOOG ALPHABET INC | Communication Services | 12.8% | $40.9m | 130,373 | 0% | held |
| 4 | AMZN AMAZON COM INC | Consumer Cyclical | 6.7% | $21.5m | 93,104 | -0% | held |
| 5 | OPRX OPTIMIZERX CORP | Healthcare | 5.8% | $18.5m | 1,508,303 | 0% | held |
| 6 | TOST TOAST INC | Technology | 3.7% | $11.9m | 336,049 | 0% | held |
| 7 | SERA SERA PROGNOSTICS INC | 3.2% | $10.2m | 3,459,713 | -5% | reduced | |
| 8 | RPAY REPAY HLDGS CORP | Technology | 3.1% | $10.0m | 2,728,627 | 1832% | added |
| 9 | OPEN LENDING CORP | 2.9% | $9.3m | 6,014,667 | 34% | added | |
| 10 | HCAT HEALTH CATALYST INC | Healthcare | 2.8% | $9.0m | 3,750,377 | 1% | added |
| 11 | RELY REMITLY GLOBAL INC | Technology | 2.5% | $8.0m | 579,311 | 11% | added |
| 12 | XYZ BLOCK INC | Technology | 2.3% | $7.5m | 115,354 | – | new |
| 13 | BLZE BACKBLAZE INC | Technology | 2.2% | $7.1m | 1,520,055 | 4% | added |
| 14 | 5TC TRUECAR INC | 2.2% | $6.9m | 3,074,241 | -9% | reduced | |
| 15 | PRG PROG HOLDINGS INC | Industrials | 1.7% | $5.4m | 182,672 | -32% | reduced |
| 16 | ASAN ASANA INC | Technology | 1.6% | $5.2m | 381,716 | 0% | held |
| 17 | XZO EXZEO GROUP INC | 1.4% | $4.5m | 184,753 | – | new | |
| 18 | SEZL SEZZLE INC | Financial Services | 1.1% | $3.7m | 57,605 | 166% | added |
| 19 | BLND BLEND LABS INC | 1.1% | $3.6m | 1,171,079 | – | new | |
| 20 | OPRA OPERA LTD | Communication Services | 1.1% | $3.5m | 245,459 | 35% | added |
| 21 | BODI THE BEACHBODY COMPANY INC | 1.0% | $3.1m | 297,627 | -26% | reduced | |
| 22 | FIVERR INTL LTD | 0.8% | $2.5m | 126,391 | – | new | |
| 23 | LFMD LIFEMD INC | 0.7% | $2.4m | 703,053 | 90% | added | |
| 24 | REAX THE REAL BROKERAGE INC | Real Estate | 0.2% | $719.8k | 197,192 | – | new |
| 25 | VIVID SEATS INC | 0.2% | $595.2k | 82,559 | – | new | |
| 26 | GOOGL ALPHABET INC | Communication Services | 0.1% | $378.4k | 1,209 | -31% | reduced |
| 27 | GMGIEUR GOLDEN MATRIX GROUP INC | 0.1% | $331.1k | 413,402 | – | new | |
| 28 | CNQ CANADIAN NAT RES LTD | Energy | 0.1% | $238.8k | 7,055 | -4% | reduced |
| 29 | KVUE KENVUE INC | Consumer Defensive | 0.1% | $232.2k | 13,463 | 7% | added |
| 30 | UNH UNITEDHEALTH GROUP INC | Healthcare | 0.1% | $232.1k | 703 | 10% | added |
| 31 | SNY SANOFI SA | 0.1% | $230.4k | 4,754 | -3% | reduced | |
| 32 | GSK GSK PLC | Healthcare | 0.1% | $230.1k | 4,693 | -18% | reduced |
| 33 | UL UNILEVER PLC | Consumer Defensive | 0.1% | $229.4k | 3,508 | – | new |
| 34 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 0.1% | $229.1k | 1,428 | 0% | held |
| 35 | MMM 3M CO | Industrials | 0.1% | $228.9k | 1,430 | -4% | reduced |
| 36 | NEE NEXTERA ENERGY INC | Utilities | 0.1% | $228.6k | 2,847 | -13% | reduced |
| 37 | CI THE CIGNA GROUP | Healthcare | 0.1% | $228.2k | 829 | 5% | added |
| 38 | OUT OUTFRONT MEDIA INC | Real Estate | 0.1% | $227.3k | 9,433 | -24% | reduced |
| 39 | JNJ JOHNSON & JOHNSON | Healthcare | 0.1% | $227.2k | 1,098 | -17% | reduced |
| 40 | PSX PHILLIPS 66 | Energy | 0.1% | $227.0k | 1,759 | -2% | reduced |
| 41 | LYONDELLBASELL INDUSTRIES N | 0.1% | $226.9k | 5,241 | 17% | added | |
| 42 | BX BLACKSTONE INC | Financial Services | 0.1% | $225.8k | 1,465 | 19% | added |
| 43 | MO ALTRIA GROUP INC | Consumer Defensive | 0.1% | $224.5k | 3,893 | 8% | added |
| 44 | MDT MEDTRONIC PLC | Healthcare | 0.1% | $224.4k | 2,336 | -5% | reduced |
| 45 | SMG SCOTTS MIRACLE-GRO CO | Basic Materials | 0.1% | $224.1k | 3,841 | -3% | reduced |
| 46 | BAH BOOZ ALLEN HAMILTON HLDG | Industrials | 0.1% | $223.7k | 2,652 | 15% | added |
| 47 | QSR RESTAURANT BRANDS INTL INC | Consumer Cyclical | 0.1% | $221.4k | 3,245 | -11% | reduced |
| 48 | WSO WATSCO INC | Industrials | 0.1% | $221.0k | 656 | 11% | added |
| 49 | APO APOLLO GLOBAL MGMT INC | Financial Services | 0.1% | $220.6k | 1,524 | -5% | reduced |
| 50 | KREF KKR REAL ESTATE FIN TR INC | 0.1% | $218.7k | 26,609 | 10% | 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.