Alex Sacerdote Whale Rock Capital Management
Alex Sacerdote is the founder of Whale Rock Capital Management, a technology-focused long/short equity firm. The firm researches software, internet, semiconductors, and other innovation-driven industries with an emphasis on fundamental change. Whale Rock’s holdings often surface in discussions of high-growth technology leadership and cyclical tech opportunity.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Monolithic Power Systems
MPWR
|
+$331M |
| 2 |
Arista Networks
ANET
|
+$289M |
| 3 |
Marvell Technology
MRVL
|
+$276M |
| 4 |
Oracle
ORCL
|
+$264M |
| 5 |
Datadog
DDOG
|
+$257M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$737M |
| 2 |
Meta Platforms (Facebook)
META
|
+$585M |
| 3 |
Carvana
CVNA
|
+$544M |
| 4 |
BILL Holdings
BILL
|
+$535M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$389M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 73.25% |
| 2 | Consumer Discretionary | 15.05% |
| 3 | Communication Services | 6.89% |
| 4 | Financials | 3.31% |
| 5 | Industrials | 0.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
NVIDIA
NVDA
$5.2T
| $94.3M | 1.17% |
3,454,410
-3,949,290
| -53% | -$99M |
|
27
Flywire
FLYW
$2.38B
| $87.2M | 1.08% |
2,852,543
-177,435
| -6% | -$5.05M |
|
28
Advanced Micro Devices
AMD
$773B
| $81.8M | 1.01% |
747,716
-1,349,888
| -64% | -$161M |
|
29
Intuit
INTU
$100B
| $80.8M | 1% |
+167,989
| New | +$86M |
|
30
Enovix
ENVX
$742M
| $78.5M | 0.97% |
6,286,144
-1,905,725
| -23% | -$26.7M |
|
|
TWKS
31
DELISTED
Thoughtworks Holding, Inc. Common Stock
TWKS
| $76.5M | 0.95% |
3,675,404
-50,437
| -1% | -$1.1M |
|
32
Coinbase
COIN
$49.2B
| $74.7M | 0.93% |
+393,693
| New | +$76.9M |
|
|
CFLT
33
DELISTED
Confluent
CFLT
| $73.4M | 0.91% |
1,791,081
-1,034,939
| -37% | -$53.9M |
|
|
CCC
34
CCC Intelligent Solutions
CCC
$4.39B
| $50.7M | 0.63% |
4,590,182
-4,790,606
| -51% | -$50.3M |
|
35
DoorDash
DASH
$96.8B
| $48M | 0.59% |
409,295
-1,963,519
| -83% | -$212M |
|
|
KNBE
36
DELISTED
KnowBe4, Inc. Class A Common Stock
KNBE
| $46.1M | 0.57% |
2,000,590
+750,477
| +60% | +$16.1M |
|
37
Wayfair
W
$13.9B
| $45M | 0.56% |
405,920
-354,800
| -47% | -$49.9M |
|
38
monday.com
MNDY
$3.84B
| $42.8M | 0.53% |
270,741
-936,801
| -78% | -$176M |
|
39
Doximity
DOCS
$4.51B
| $42M | 0.52% |
805,973
-4,825,403
| -86% | -$243M |
|
|
DCT
40
DELISTED
Duck Creek Technologies, Inc. Common Stock
DCT
| $39.7M | 0.49% |
1,794,390
-439,059
| -20% | -$10.5M |
|
41
Calix
CALX
$2.53B
| $38.1M | 0.47% |
887,366
-1,342,318
| -60% | -$67.9M |
|
42
Okta
OKTA
$23.5B
| $35.2M | 0.44% |
233,018
| – | – |
|
43
Toast
TOST
$21.2B
| $28.8M | 0.36% |
1,323,044
+1,036,452
| +362% | +$23.4M |
|
44
UiPath
PATH
$8.49B
| $24.2M | 0.3% |
1,122,665
| – | – |
|
45
Sprout Social
SPT
$607M
| $19.8M | 0.25% |
+246,706
| New | +$16.9M |
|
|
HCP
46
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $18.2M | 0.23% |
336,476
-5,244
| -2% | -$305K |
|
|
AYX
47
DELISTED
Alteryx Inc
AYX
| $16M | 0.2% |
+224,244
| New | +$13.2M |
|
48
Braze
BRZE
$3.5B
| $8.29M | 0.1% |
200,000
| – | – |
|
49
Amplitude
AMPL
$1.66B
| $1.16M | 0.01% |
+63,006
| New | +$1.91M |
|
|
50
Carvana
CVNA
$76.9B
| – | – |
-11,737,975
| Closed | -$544M |
|
Similar funds
Alex Sacerdote's Q1 2022 Portfolio in Review
As of Q1 2022, Alex Sacerdote held 68 positions worth $8.07B, down 32% from $11.8B the previous quarter. Its ten largest holdings account for 49% of the portfolio.
Alex Sacerdote withdrew a net $2.36B in Q1 2022, closing 19 positions and reducing 24 holdings. Its most notable exit was Meta Platforms (Facebook), an estimated $585M position sold in full.
By sector, the portfolio is most concentrated in Technology at 73% of assets, up from 53% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Alex Sacerdote opened a new position in Monolithic Power Systems worth $369M.
- Alex Sacerdote's largest Q1 2022 buy was Monolithic Power Systems: 759,534 shares worth $369M.
- Alex Sacerdote added most to Amazon in Q1 2022, an estimated $241M increase.
- Alex Sacerdote's biggest Q1 2022 reduction was Tesla, cutting an estimated $737M.
- Alex Sacerdote fully exited Meta Platforms (Facebook) in Q1 2022, selling an estimated $585M.
- Alex Sacerdote's ten largest holdings make up 49% of its $8.07B portfolio in Q1 2022.
- Alex Sacerdote opened 19 new positions and closed 19 in Q1 2022.
- Alex Sacerdote's portfolio value fell 32% quarter-over-quarter to $8.07B.
Based on Whale Rock Capital Management's 13F filing for Q1 2022, filed 16 May 2022.