Westerly Capital Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Westerly Capital Management, LLC reported 40 stock positions worth $184.1 million. Its top holding was Asana Class A (ASAN) at 10.1% of the portfolio, followed by Matrix Service (MTRX, 5.8%) and Marvell Technology (MRVL, 5.7%). Compared with Q1 2024, it opened 8 new positions, sold out of 10, added to 18 and reduced 12. The biggest buy was Asana Class A (ASAN, shares +121%) and the biggest sale Hippo (HIPO, shares −37%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001546172
- Portfolio Value
- $184.1M (Q2 2024)
- SEC Filing
- 0001546172-24-000006 ↗ filed Aug 14, 2024
Holdings Value
Holdings 40 stocks · $184.1M
| ASAN Asana Inc. Class A | 10.07% | 1,325,000 | $18.5M | Add +120.8% |
| MTRX Matrix Service Co. | 5.83% | 1,080,000 | $10.7M | Add +22.7% |
| MRVL Marvell Technology Inc. | 5.70% | 150,000 | $10.5M | Add +25.0% |
| VIAV Viavi Solutions Inc. | 4.95% | 1,325,000 | $9.1M | Add +89.3% |
| HIPO Hippo Holdings Inc. | 4.85% | 519,000 | $8.9M | Reduce -36.7% |
| CSGS CSG Systems Intl Inc. | 4.47% | 200,000 | $8.2M | Add +81.8% |
| XPER Xperi Inc. | 3.79% | 850,000 | $7.0M | Add +21.4% |
| NXDR Nextdoor Holdings Inc. | 3.78% | 2,500,000 | $7.0M | Reduce -9.1% |
| CGNT Cognyte Software Ltd. | 3.69% | 890,000 | $6.8M | Reduce -3.8% |
| WDAY Workday Inc. Class A | 3.64% | 30,000 | $6.7M | Add +20.0% |
| BABA Alibaba Group Holding-SP ADR | 3.52% | 90,000 | $6.5M | New |
| HDSN Hudson Technologies Inc. | 3.22% | 675,000 | $5.9M | Add +14.4% |
| HHS Harte-Hanks Inc. | 3.08% | 699,000 | $5.7M | No change |
| GLW Corning Inc. | 3.06% | 145,000 | $5.6M | Add +16.0% |
| CIEN Ciena Corp. | 2.62% | 100,000 | $4.8M | Reduce -13.0% |
| AMBA Ambarella Inc. | 2.58% | 88,000 | $4.7M | Reduce -49.7% |
| ANGI Angi Inc. | 2.50% | 2,400,000 | $4.6M | Reduce -23.9% |
| SCOR Comscore Inc. | 2.39% | 310,000 | $4.4M | No change |
| BL Blackline Inc. | 2.37% | 90,000 | $4.4M | New |
| PDFS PDF Solutions Inc. | 2.27% | 115,000 | $4.2M | Add +11.7% |
| VMEO Vimeo Inc. | 1.93% | 950,000 | $3.5M | Add +8.6% |
| QCOM Qualcomm Inc. | 1.73% | 16,000 | $3.2M | New |
| ADTN Adtran Holdings Inc. | 1.64% | 575,000 | $3.0M | New |
| AIP Arteris Inc. | 1.60% | 392,000 | $2.9M | Add +24.4% |
| UBSFY Ubisoft Entertain-Unspon ADR | 1.58% | 675,000 | $2.9M | Add +17.4% |
| FRSH Freshworks Inc. Class A | 1.38% | 200,000 | $2.5M | New |
| CPTN Cepton Inc. | 1.34% | 917,000 | $2.5M | Add +4.2% |
| MU Micron Technology Inc. | 1.21% | 17,000 | $2.2M | New |
| CEVA Ceva Inc. | 1.21% | 115,000 | $2.2M | Add +475.0% |
| AMD Advanced Micro Devices | 1.15% | 13,000 | $2.1M | Reduce -48.0% |
| NWPX NWPX Infrastructure Inc. filed as NORTHWEST PIPE CO | 1.02% | 55,000 | $1.9M | Reduce -26.7% |
| INTC Intel Corp. | 1.01% | 60,000 | $1.9M | Reduce -60.0% |
| GENI Genius Sports Ltd. | 0.89% | 300,000 | $1.6M | Add +50.0% |
| GWRE Guidewire Software Inc. | 0.82% | 11,000 | $1.5M | Reduce -63.3% |
| ZUO Zuora Inc. Class A | 0.81% | 150,000 | $1.5M | New |
| MSOS Advisorshares Pure US Cann | 0.70% | 175,000 | $1.3M | New |
| ACTG Acacia Research Corp. | 0.68% | 250,000 | $1.3M | Reduce -16.7% |
| GTBIF Green Thumb Industries Inc. | 0.39% | 60,000 | $719K | Add +50.0% |
| VRNOF Verano Holdings Corp. | 0.33% | 170,000 | $611K | Add +70.0% |
| IVAC Intevac Inc. | 0.20% | 95,822 | $370K | Reduce -65.8% |
Options reported separately and not counted above: CALL ASAN 17.5 07/19/24 calls ($16.8M).
Portfolio Sells Q1 2024 → Q2 2024
| HIPO Hippo Holdings Inc. | Reduce -36.7% | 4.85% | −2.97 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −2.87 |
| TDC Teradata Corp. | Sold out | 0.00% | −2.82 |
| INTC Intel Corp. | Reduce -60.0% | 1.01% | −2.45 |
| AMBA Ambarella Inc. | Reduce -49.7% | 2.58% | −2.06 |
| EVBG Everbridge Inc. | Sold out | 0.00% | −1.82 |
| ANGI Angi Inc. | Reduce -23.9% | 2.50% | −1.81 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −1.78 |
| AMD Advanced Micro Devices | Reduce -48.0% | 1.15% | −1.21 |
| TER Teradyne Inc. | Sold out | 0.00% | −1.06 |
| GWRE Guidewire Software Inc. | Reduce -63.3% | 0.82% | −1.00 |
| MTTR Matterport Inc. | Sold out | 0.00% | −0.94 |
| SNAP Snap Inc. Class A | Sold out | 0.00% | −0.90 |
| ENVX Enovix Corp. | Sold out | 0.00% | −0.84 |
| IVAC Intevac Inc. | Reduce -65.8% | 0.20% | −0.36 |
| CIEN Ciena Corp. | Reduce -13.0% | 2.62% | −0.35 |
| NWPX NWPX Infrastructure Inc. | Reduce -26.7% | 1.02% | −0.34 |
| CASSQ Casa Systems Inc. | Sold out | 0.00% | −0.31 |
| CGNT Cognyte Software Ltd. | Reduce -3.8% | 3.69% | −0.30 |
| TSLXX Blckrck Liq FD Trsry-Sel | Sold out | 0.00% | −0.20 |
| ACTG Acacia Research Corp. | Reduce -16.7% | 0.68% | −0.15 |
| NXDR Nextdoor Holdings Inc. | Reduce -9.1% | 3.78% | +0.55 |
Portfolio Buys Q1 2024 → Q2 2024
| ASAN Asana Inc. Class A | Add +120.8% | 10.07% | +5.22 |
| BABA Alibaba Group Holding-SP ADR | New | 3.52% | +3.52 |
| BL Blackline Inc. | New | 2.37% | +2.37 |
| QCOM Qualcomm Inc. | New | 1.73% | +1.73 |
| ADTN Adtran Holdings Inc. | New | 1.64% | +1.64 |
| VIAV Viavi Solutions Inc. | Add +89.3% | 4.95% | +1.63 |
| CSGS CSG Systems Intl Inc. | Add +81.8% | 4.47% | +1.52 |
| FRSH Freshworks Inc. Class A | New | 1.38% | +1.38 |
| MRVL Marvell Technology Inc. | Add +25.0% | 5.70% | +1.26 |
| MU Micron Technology Inc. | New | 1.21% | +1.21 |
| CEVA Ceva Inc. | Add +475.0% | 1.21% | +0.97 |
| GLW Corning Inc. | Add +16.0% | 3.06% | +0.91 |
| ZUO Zuora Inc. Class A | New | 0.81% | +0.81 |
| MSOS Advisorshares Pure US Cann | New | 0.70% | +0.70 |
| PDFS PDF Solutions Inc. | Add +11.7% | 2.27% | +0.46 |
| AIP Arteris Inc. | Add +24.4% | 1.60% | +0.40 |
| UBSFY Ubisoft Entertain-Unspon ADR | Add +17.4% | 1.58% | +0.33 |
| GENI Genius Sports Ltd. | Add +50.0% | 0.89% | +0.29 |
| GTBIF Green Thumb Industries Inc. | Add +50.0% | 0.39% | +0.09 |
| WDAY Workday Inc. Class A | Add +20.0% | 3.64% | +0.09 |
| CPTN Cepton Inc. | Add +4.2% | 1.34% | +0.06 |
| VMEO Vimeo Inc. | Add +8.6% | 1.93% | +0.06 |
| VRNOF Verano Holdings Corp. | Add +70.0% | 0.33% | +0.02 |
| MTRX Matrix Service Co. | Add +22.7% | 5.83% | −0.16 |
| HDSN Hudson Technologies Inc. | Add +14.4% | 3.22% | −0.17 |
| XPER Xperi Inc. | Add +21.4% | 3.79% | −0.61 |
Options Activity Q1 2024 → Q2 2024
| PUT QQQ 425 05/17/24 | put | Sold out | 140,000 | $59.5Mbefore exit |
| CALL ASAN 17.5 07/19/24 | call | New | 960,000 | $16.8M |
| CALL ASAN 17.5 06/21/24 | call | Sold out | 300,000 | $5.3Mbefore exit |
| PUT RILY 15 04/19/24 | put | Sold out | 280,000 | $3.7Mbefore exit |
| CALL MTRX 10 05/17/24 | call | Sold out | 250,000 | $2.5Mbefore exit |
| PUT RILY 7.5 04/19/24 | put | Sold out | 150,000 | $1.1Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 46 | $541.8M | INVESCO QQQ TR, COUR, VIAV, ANET, ASAN |
| Q1 2026 | 36 | $324.5M | UDMY, MRVL, HDSN, CSCO, LUMN |
| Q4 2025 | 40 | $332.5M | UDMY, VIAV, AIP, HDSN, MRVL |
| Q3 2025 | 39 | $315.2M | VIAV, PRO, LUMN, HDSN, UDMY |
| Q2 2025 | 38 | $236.0M | VIAV, HDSN, PRO, LUMN, MTRX |
| Q1 2025 | 37 | $208.8M | VIAV, LUMN, MTRX, CGNT, BIDU |
| Q4 2024 | 44 | $216.6M | INVESCO QQQ TR, ASAN, VIAV, MTRX, HIPO |
| Q3 2024 | 40 | $176.1M | ASAN, MTRX, HIPO, VIAV, ADTN |
| Q2 2024 | 40 | $184.1M | ASAN, MTRX, MRVL, VIAV, HIPO |
| Q1 2024 | 42 | $191.7M | HIPO, MTRX, ASAN, AMBA, MRVL |