Alex Sacerdote - Whale Rock Capital Management 13F Activity & Position Changes (Q3 2023)

According to the SEC 13F filed on Nov 14, 2023, the Whale Rock Capital Management portfolio showed several notable changes in holdings as of quarter-end Sep 30, 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 Q3 2023, the filing reported:

New Buys - Akamai Technologies, Inc., Camtek Ltd., CELESTICA INC, Coupang, Inc., Elastic, and 6 more

Increases - Axcelis Technologies, Inc., Cadence Design Systems, Inc., Datadog, Inc., DraftKings Inc., Alphabet Inc., and 10 more

Reductions - Salesforce, Inc., CyberArk, Duolingo, Inc., Fortinet, Inc., HubSpot, Inc., and 9 more

Complete Exits - Adobe Inc., Advanced Micro Devices, Inc., Amazon.com, Inc., Arista Networks, Inc., BILL Holdings, 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
Q3 2023	ACLS Axcelis Technologies, Inc.	Axcelis Technologies, Inc.	Buy	+42,701	+9.0%	$84.31M	517,062
Q3 2023	ADBE Adobe Inc.	Adobe Inc.	Sell - Position Exit	-112,515	-100.0%	$0.00	-
Q3 2023	AKAM Akamai Technologies, Inc.	Akamai Technologies, Inc.	Buy - Position Entry	+463,930	-	$49.43M	463,930
Q3 2023	AMD Advanced Micro Devices, Inc.	Advanced Micro Devices, Inc.	Sell - Position Exit	-1,173,592	-100.0%	$0.00	-
Q3 2023	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell - Position Exit	-465,893	-100.0%	$0.00	-
Q3 2023	ANET Arista Networks, Inc.	Arista Networks, Inc.	Sell - Position Exit	-705,119	-100.0%	$0.00	-
Q3 2023	BILL BILL Holdings, Inc.	BILL Holdings, Inc.	Sell - Position Exit	-10,255	-100.0%	$0.00	-
Q3 2023	CAMT Camtek Ltd.	Camtek Ltd.	Buy - Position Entry	+679,156	-	$42.28M	679,156
Q3 2023	CDNS Cadence Design Systems, Inc.	Cadence Design Systems, Inc.	Buy	+17,439	+9.0%	$49.61M	211,738
Q3 2023	CFLT Confluent, Inc.	Confluent, Inc.	Sell - Position Exit	-2,990,484	-100.0%	$0.00	-
Q3 2023	CLSCAD CELESTICA INC	CELESTICA INC	Buy - Position Entry	+1,384,289	-	$33.94M	1,384,289
Q3 2023	CPNG Coupang, Inc.	Coupang, Inc.	Buy - Position Entry	+2,554,134	-	$43.42M	2,554,134
Q3 2023	CRM Salesforce, Inc.	Salesforce, Inc.	Sell	-38,528	-6.3%	$116.01M	572,086
Q3 2023	CYBR CyberArk	CyberArk	Sell	-314,270	-37.6%	$85.53M	522,246
Q3 2023	DDOG Datadog, Inc.	Datadog, Inc.	Buy	+265,995	+23.5%	$127.34M	1,397,994
Q3 2023	DKNG DraftKings Inc.	DraftKings Inc.	Buy	+206,387	+2.5%	$245.06M	8,324,069
Q3 2023	DUOL Duolingo, Inc.	Duolingo, Inc.	Sell	-243,682	-18.3%	$179.98M	1,085,078
Q3 2023	ESTC Elastic	Elastic	Buy - Position Entry	+1,214,723	-	$98.68M	1,214,723
Q3 2023	FN Fabrinet	Fabrinet	Buy - Position Entry	+271,876	-	$45.30M	271,876
Q3 2023	FTNT Fortinet, Inc.	Fortinet, Inc.	Sell	-305,987	-11.7%	$135.05M	2,301,531
Q3 2023	GLOB Globant	Globant	Sell - Position Exit	-145,778	-100.0%	$0.00	-
Q3 2023	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+1,198,435	+314.2%	$206.74M	1,579,841
Q3 2023	HUBS HubSpot, Inc.	HubSpot, Inc.	Sell	-67,334	-12.0%	$242.91M	493,217
Q3 2023	INTU Intuit Inc.	Intuit Inc.	Sell - Position Exit	-63,387	-100.0%	$0.00	-
Q3 2023	IOT Samsara Inc.	Samsara Inc.	Buy	+979,703	+51.5%	$72.65M	2,881,793
Q3 2023	JBL Jabil Inc.	Jabil Inc.	Buy	+244,762	+29.5%	$136.40M	1,074,928
Q3 2023	KVYO Klaviyo, Inc. Series A	Klaviyo, Inc. Series A	Buy - Position Entry	+250,000	-	$8.62M	250,000
Q3 2023	MDB MongoDB, Inc.	MongoDB, Inc.	Buy	+8,575	+9.0%	$35.96M	103,965
Q3 2023	MELI MercadoLibre, Inc.	MercadoLibre, Inc.	Sell	-7,696	-11.4%	$75.67M	59,685
Q3 2023	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-450,161	-25.9%	$386.29M	1,286,719