Whale Rock Capital

Q1 2022 13F · by Alex Sacerdote, founder

As of: Mar 31, 2022
Filed: May 16, 2022
US stock: $8.1B · prev $11.8B
Positions: 49 · prev 49
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves65 since the prior filing

+49.4 pp in · −49.3 pp out

New 19 +43.37 pp
Added 3 +6.02 pp
Trimmed 24 −29.32 pp
Exited 19 −19.95 pp

The book

Focused · behaves like 26 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 188% a year, about 0.5 years per position

Low
Moderate
High

Top 5 positions32% of US stock

Positions49 in this filing · 19 exited


AMZNAmazon.Com Inc	10.64%	263,293	$858M	added+42%	+5.41 pp	29 q
GOOGLAlphabet Inc. Class A	6.32%	183,385	$510M	trimmed−44%	−1.68 pp	5 q
CRWDCrowdStrike Holdings, Inc. Class A	5.18%	1,840,741	$418M	trimmed−40%	−0.11 pp	12 q
MSFTMicrosoft Corp	5.14%	1,345,816	$415M	trimmed−11%	+0.83 pp	5 q
MPWRMonolithic Power Systems, Inc.	4.57%	759,534	$369M	new	+4.57 pp	new
ANETArista Networks	3.93%	2,283,896	$317M	new	+3.93 pp	new
MRVLMarvell Technology, Inc.	3.41%	3,833,448	$275M	new	+3.41 pp	new
ORCLOracle Corp	3.34%	3,259,764	$270M	new	+3.34 pp	new
DDOGDatadog, Inc. Class A	3.30%	1,755,907	$266M	new	+3.30 pp	new
PANWPalo Alto Networks, Inc.	3.29%	425,869	$265M	new	+3.29 pp	new
TSLATesla, Inc.	3.26%	244,313	$263M	trimmed−76%	−5.96 pp	10 q
SPLKSplunk Inc	3.00%	1,630,541	$242M	new	+3.00 pp	new
WDAYWorkday, Inc. Class A	2.97%	1,001,707	$240M	new	+2.97 pp	new
JNPJuniper Networks Inc	2.75%	5,967,181	$222M	new	+2.75 pp	new
MDBMongoDB, Inc. Class A	2.71%	493,588	$219M	trimmed−27%	−0.30 pp	17 q
SHOPShopify Inc. Class A subordinate voting shares	2.67%	318,298	$215M	trimmed−33%	−2.87 pp	26 q
CHKPCheck Point Software Technologies Ltd	2.60%	1,519,263	$210M	new	+2.60 pp	new
BILLBILL Holdings, Inc.	2.49%	884,367	$201M	trimmed−74%	−4.77 pp	10 q
FIVNFIVE9, Inc.	2.46%	1,800,555	$199M	trimmed−26%	−0.38 pp	11 q
NUNu Holdings Ltd.	2.39%	24,948,324	$193M	trimmed−8%	+0.23 pp	2 q
ASMLASML Holding NV	2.38%	287,183	$192M	new	+2.38 pp	new
PEverpure, Inc.	2.37%	5,403,904	$191M	new	+2.37 pp	new
unresolvedIi-Vi Inc	1.58%	1,757,972	$127M	new	+1.58 pp	new
AVGOBroadcom Inc.	1.49%	191,441	$121M	new	+1.49 pp	new
HUBSHubspot, Inc.	1.48%	251,591	$119M	trimmed−57%	−1.76 pp	4 q
NVDANvidia Corp	1.17%	345,441	$94M	trimmed−53%	−0.67 pp	4 q
FLYWFlywire Corporation Voting	1.08%	2,852,543	$87M	trimmed−6%	+0.11 pp	4 q
AMDAdvanced Micro Devices	1.01%	747,716	$82M	trimmed−64%	−1.54 pp	2 q
INTUIntuit Inc	1.00%	167,989	$81M	new	+1.00 pp	new
ENVXEnovix Corporation	0.97%	5,500,376	$78M	trimmed−23%	−0.68 pp	3 q
TWKSThoughtworks Holding, Inc.	0.95%	3,675,404	$76M	trimmed−1%	+0.11 pp	3 q
COINCoinbase Global, Inc. Class A	0.93%	393,693	$75M	new	+0.93 pp	new
CFLTConfluent, Inc. Class A	0.91%	1,791,081	$73M	trimmed−37%	−0.91 pp	4 q
CCCCCC Intelligent Solutions Holdings Inc.	0.63%	4,590,182	$51M	trimmed−51%	−0.27 pp	4 q
DASHDoorDash, Inc. Class A	0.59%	409,295	$48M	trimmed−83%	−2.40 pp	6 q
unresolvedKNOWBE4 Inc	0.57%	2,000,590	$46M	added+60%	+0.33 pp	4 q
WWayfair Inc.	0.56%	405,920	$45M	trimmed−47%	−0.66 pp	5 q
MNDYmonday.com Ltd.	0.53%	270,741	$43M	trimmed−78%	−2.62 pp	4 q
DOCSDoximity, Inc.	0.52%	805,973	$42M	trimmed−86%	−1.87 pp	4 q
unresolvedDuck Creek Technologies	0.49%	1,794,390	$40M	trimmed−20%	−0.08 pp	7 q
CALXCalix, Inc.	0.47%	887,366	$38M	trimmed−60%	−1.04 pp	2 q
OKTAOkta, Inc. Class A	0.44%	233,018	$35M	held	—	4 q
TOSTToast, Inc.	0.36%	1,323,044	$29M	added×4.6	+0.28 pp	3 q
PATHUiPath, Inc.	0.30%	1,122,665	$24M	held	—	4 q
SPTSprout Social, Inc Class A	0.25%	246,706	$20M	new	+0.25 pp	new
HCPHashiCorp, Inc. Class A	0.23%	336,476	$18M	trimmed−2%	−0.03 pp	2 q
AYXAlteryx, Inc.	0.20%	224,244	$16M	new	+0.20 pp	new
BRZEBraze, Inc. Class A	0.10%	200,000	$8M	held	—	2 q
AMPLAmplitude, Inc. Class A	0.01%	63,006	$1M	new	+0.01 pp	new
METAMeta Platforms, Inc. Class A	—	−1,738,284	—	exited	−4.94 pp	—
CVNACarvana Co.	—	−2,347,595	—	exited	−4.60 pp	—
DOCNDigitalOcean Holdings, Inc.	—	−3,398,517	—	exited	−2.31 pp	—
MELIMercado Libre, Inc	—	−116,128	—	exited	−1.32 pp	—
NETCloudflare, Inc. Class A, par value $0.001 per share	—	−1,130,399	—	exited	−1.26 pp	—
ZENZendesk Inc	—	−1,122,209	—	exited	−0.99 pp	—
SESea Limited	—	−486,748	—	exited	−0.92 pp	—
XYZBlock, Inc.	—	−640,849	—	exited	−0.87 pp	—
GLBEGlobal-E Online Ltd.	—	−1,379,935	—	exited	−0.74 pp	—
COUPCoupa Software Incorporated	—	−499,838	—	exited	−0.67 pp	—
RIVNRivian Automotive, Inc. Class A	—	−343,889	—	exited	−0.30 pp	—
HOODRobinhood Markets, Inc. Class A	—	−1,935,483	—	exited	−0.29 pp	—
QQQInvesco QQQ Trust, Series 1	—	−52,448	—	exited	−0.18 pp	—
PCORProcore Technologies, Inc.	—	−249,948	—	exited	−0.17 pp	—
GTLBGitLab Inc. Class A	—	−152,513	—	exited	−0.11 pp	—
unresolvedMELI Kaszek Pioneer	—	−1,000,194	—	exited	−0.10 pp	—
unresolvedCatalyst Partnrs Acquisitn C	—	−999,964	—	exited	−0.08 pp	—
XMTRXometry, Inc. Class A	—	−134,974	—	exited	−0.06 pp	—
TASKTaskUs, Inc. Class A	—	−80,038	—	exited	−0.04 pp	—