Whale Rock Capital Management’s Coupang CPNG Stock Holding History

Whale Rock Capital Management’s Portfolio CPNG Stock Details CPNG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-770,752	Closed	-$24.8M	–	33
2025 Q3	$24.8M	Sell	770,752 -2,786,812	-78%	-$84.2M	0.29%	35
2025 Q2	$107M	Buy	+3,557,564	New	+$91.1M	1.48%	19
2025 Q1	–	Sell	-6,971,033	Closed	-$153M	–	35
2024 Q4	$153M	Sell	6,971,033 -948,770	-12%	-$23.3M	1.82%	22
2024 Q3	$194M	Sell	7,919,803 -626,483	-7%	-$13.9M	2.73%	14
2024 Q2	$179M	Buy	+8,546,286	New	+$185M	2.54%	15
2023 Q4	–	Sell	-2,554,134	Closed	-$43.4M	–	42
2023 Q3	$43.4M	Buy	+2,554,134	New	+$45.9M	0.88%	31
2021 Q4	–	Sell	-958,509	Closed	-$26.7M	–	53
2021 Q3	$26.7M	Sell	958,509 -966	-0.1%	-$33.4K	0.18%	56
2021 Q2	$40.1M	Buy	959,475 +245,511	+34%	+$10.1M	0.26%	46
2021 Q1	$35.2M	Buy	+713,964	New	+$33M	0.29%	41

Other funds holding CPNG

SIAU

SB Investment Advisers (UK) London, United Kingdom $7.73B AUM 2.35% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

WCM Investment Management Laguna Beach, California $43.8B AUM 42.28% 1-Year Est. Return

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Tiger Global Management New York $22.8B AUM 30.07% 1-Year Est. Return

Whale Rock Capital Management's CPNG Position: Q4 2025 in Review

Whale Rock Capital Management sold out of Coupang (CPNG) in Q4 2025, closing a stake of 770,752 shares — an estimated $24.8M sold.

Whale Rock Capital Management first reported a position in CPNG in Q1 2021 and held it in 9 quarters. The position peaked at $194M in Q3 2024. 654 funds tracked by Wall St. Rank hold CPNG as of Q4 2025.

Whale Rock Capital Management reported no remaining Coupang position as of Q4 2025 after selling out during the quarter.
Whale Rock Capital Management sold 770,752 Coupang shares in Q4 2025, an estimated $24.8M.
Whale Rock Capital Management first reported a position in Coupang in Q1 2021 and held it in 9 quarters.
Whale Rock Capital Management's Coupang position peaked at $194M in Q3 2024.
654 funds tracked by Wall St. Rank held Coupang as of Q4 2025.

Based on Whale Rock Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.