Alex Sacerdote - Whale Rock Capital Management 13F Activity & Position Changes (Q1 2023)

According to the SEC 13F filed on May 15, 2023, the Whale Rock Capital Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2023. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2023, the filing reported:

New Buys - Axcelis Technologies, Inc., Amazon.com, Inc., Alibaba Group Holding Limited, BILL Holdings, Inc., KANZHUN LIMITED - American Depo, and 9 more

Increases - Arista Networks, Inc., ALTERYX INC - CLASS A, Elastic, Fortinet, Inc., Meta Platforms, Inc., and 7 more

Reductions - Datadog, Inc., Fabrinet, Alphabet Inc., HubSpot, Inc., Intuit Inc., and 9 more

Complete Exits - Advanced Micro Devices, Inc., CrowdStrike Holdings, Inc., JFrog Ltd., HashiCorp, Inc., Juniper Networks, Inc., and 7 more

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Showing 30 of 52 transactions.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2023	ACLS Axcelis Technologies, Inc.	Axcelis Technologies, Inc.	Buy - Position Entry	+251,165	-	$33.47M	251,165
Q1 2023	AMD Advanced Micro Devices, Inc.	Advanced Micro Devices, Inc.	Sell - Position Exit	-493,193	-100.0%	$0.00	-
Q1 2023	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy - Position Entry	+1,120,024	-	$115.69M	1,120,024
Q1 2023	ANET Arista Networks, Inc.	Arista Networks, Inc.	Buy	+497,969	+87.3%	$179.37M	1,068,547
Q1 2023	AYXEUR ALTERYX INC - CLASS A	ALTERYX INC - CLASS A	Buy	+143,664	+169.3%	$13.45M	228,515
Q1 2023	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy - Position Entry	+1,011,360	-	$103.34M	1,011,360
Q1 2023	BILL BILL Holdings, Inc.	BILL Holdings, Inc.	Buy - Position Entry	+10,255	-	$832.09K	10,255
Q1 2023	BZ KANZHUN LIMITED - American Depo	KANZHUN LIMITED - American Depo	Buy - Position Entry	+1,242,277	-	$23.64M	1,242,277
Q1 2023	CRM Salesforce, Inc.	Salesforce, Inc.	Buy - Position Entry	+743,794	-	$148.60M	743,794
Q1 2023	CRWD CrowdStrike Holdings, Inc.	CrowdStrike Holdings, Inc.	Sell - Position Exit	-72,329	-100.0%	$0.00	-
Q1 2023	CYBR CyberArk	CyberArk	Buy - Position Entry	+136,306	-	$20.17M	136,306
Q1 2023	DDOG Datadog, Inc.	Datadog, Inc.	Sell	-134,645	-34.5%	$18.55M	255,327
Q1 2023	DUOL Duolingo, Inc.	Duolingo, Inc.	Buy - Position Entry	+1,320,092	-	$188.23M	1,320,092
Q1 2023	ESTC Elastic	Elastic	Buy	+230,505	+115.3%	$24.93M	430,484
Q1 2023	FN Fabrinet	Fabrinet	Sell	-172,658	-48.6%	$21.68M	182,560
Q1 2023	FROG JFrog Ltd.	JFrog Ltd.	Sell - Position Exit	-556,019	-100.0%	$0.00	-
Q1 2023	FTNT Fortinet, Inc.	Fortinet, Inc.	Buy	+1,542,951	+417.1%	$127.13M	1,912,868
Q1 2023	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-121,648	-20.3%	$49.65M	478,648
Q1 2023	HCP HashiCorp, Inc.	HashiCorp, Inc.	Sell - Position Exit	-454,475	-100.0%	$0.00	-
Q1 2023	HUBS HubSpot, Inc.	HubSpot, Inc.	Sell	-123,366	-20.5%	$205.04M	478,222
Q1 2023	INTU Intuit Inc.	Intuit Inc.	Sell	-103,748	-22.6%	$158.40M	355,289
Q1 2023	JBL Jabil Inc.	Jabil Inc.	Buy - Position Entry	+1,621,621	-	$142.96M	1,621,621
Q1 2023	JNPR Juniper Networks, Inc.	Juniper Networks, Inc.	Sell - Position Exit	-3,930,116	-100.0%	$0.00	-
Q1 2023	LRCX Lam Research Corporation	Lam Research Corporation	Sell - Position Exit	-120,689	-100.0%	$0.00	-
Q1 2023	MDB MongoDB, Inc.	MongoDB, Inc.	Sell	-96,666	-41.5%	$31.75M	136,213
Q1 2023	MELI MercadoLibre, Inc.	MercadoLibre, Inc.	Buy - Position Entry	+66,539	-	$87.70M	66,539
Q1 2023	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+1,238,980	+253.7%	$366.08M	1,727,304
Q1 2023	MNDY monday.com Ltd.	monday.com Ltd.	Sell - Position Exit	-308,475	-100.0%	$0.00	-
Q1 2023	MPWR Monolithic Power Systems, Inc.	Monolithic Power Systems, Inc.	Buy	+155,555	+294.0%	$104.35M	208,472
Q1 2023	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+704,794	+412.3%	$252.48M	875,738