Westerly Capital Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Westerly Capital Management, LLC reported 40 stock positions worth $176.1 million. Its top holding was Asana Class A (ASAN) at 9.4% of the portfolio, followed by Matrix Service (MTRX, 7.2%) and Hippo (HIPO, 5.5%). Compared with Q2 2024, it opened 10 new positions, sold out of 10, added to 10 and reduced 18. The biggest buy was Adtran (ADTN, shares +130%) and the biggest sale Xperi (XPER, shares −76%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001546172
- Portfolio Value
- $176.1M (Q3 2024)
- SEC Filing
- 0001546172-24-000008 ↗ filed Nov 14, 2024
Holdings Value
Holdings 40 stocks · $176.1M
| ASAN Asana Inc. Class A | 9.38% | 1,425,000 | $16.5M | Add +7.5% |
| MTRX Matrix Service Co. | 7.20% | 1,100,000 | $12.7M | Add +1.9% |
| HIPO Hippo Holdings Inc. | 5.53% | 577,000 | $9.7M | Add +11.2% |
| VIAV Viavi Solutions Inc. | 5.38% | 1,050,000 | $9.5M | Reduce -20.8% |
| ADTN Adtran Holdings Inc. | 4.45% | 1,320,000 | $7.8M | Add +129.6% |
| MRVL Marvell Technology Inc. | 4.30% | 105,000 | $7.6M | Reduce -30.0% |
| CSGS CSG Systems Intl Inc. | 3.87% | 140,000 | $6.8M | Reduce -30.0% |
| HDSN Hudson Technologies Inc. | 3.84% | 810,000 | $6.8M | Add +20.0% |
| GLW Corning Inc. | 3.64% | 142,000 | $6.4M | Reduce -2.1% |
| WDAY Workday Inc. Class A | 3.47% | 25,000 | $6.1M | Reduce -16.7% |
| ANGI Angi Inc. | 3.44% | 2,350,000 | $6.1M | Reduce -2.1% |
| AMBA Ambarella Inc. | 3.20% | 100,000 | $5.6M | Add +13.6% |
| BABA Alibaba Group Holding-SP ADR | 3.01% | 50,000 | $5.3M | Reduce -44.4% |
| NXDR Nextdoor Holdings Inc. | 2.96% | 2,100,000 | $5.2M | Reduce -16.0% |
| CGNT Cognyte Software Ltd. | 2.87% | 745,000 | $5.1M | Reduce -16.3% |
| HHS Harte-Hanks Inc. | 2.64% | 625,000 | $4.7M | Reduce -10.6% |
| AFRM Affirm Holdings Inc. | 2.55% | 110,000 | $4.5M | New |
| AMD Advanced Micro Devices | 2.33% | 25,000 | $4.1M | Add +92.3% |
| CIEN Ciena Corp. | 2.27% | 65,000 | $4.0M | Reduce -35.0% |
| ESTC Elastic NV | 2.18% | 50,000 | $3.8M | New |
| PDFS PDF Solutions Inc. | 2.07% | 115,000 | $3.6M | No change |
| CEVA Ceva Inc. | 1.92% | 140,000 | $3.4M | Add +21.7% |
| LYFT LYFT Inc. Class A | 1.81% | 250,000 | $3.2M | New |
| FRSH Freshworks Inc. Class A | 1.79% | 275,000 | $3.2M | Add +37.5% |
| VMEO Vimeo Inc. | 1.58% | 550,000 | $2.8M | Reduce -42.1% |
| BIDU Baidu Inc. - Spon ADR | 1.50% | 25,000 | $2.6M | New |
| AIP Arteris Inc. | 1.43% | 325,000 | $2.5M | Reduce -17.1% |
| PRO Pros Holdings Inc. | 1.42% | 135,000 | $2.5M | New |
| ALAB Astera Labs Inc. | 1.34% | 45,000 | $2.4M | New |
| SCOR Comscore Inc. | 1.20% | 310,000 | $2.1M | No change |
| XPER Xperi Inc. | 1.05% | 200,000 | $1.8M | Reduce -76.5% |
| NWPX NWPX Infrastructure Inc. filed as NORTHWEST PIPE CO | 0.90% | 35,000 | $1.6M | Reduce -36.4% |
| ACTG Acacia Research Corp. | 0.73% | 275,000 | $1.3M | Add +10.0% |
| MGM MGM Resorts International | 0.67% | 30,000 | $1.2M | New |
| DBRG Digitalbridge Group Inc. | 0.52% | 65,000 | $918K | New |
| ZUO Zuora Inc. Class A | 0.50% | 103,000 | $888K | Reduce -31.3% |
| BL Blackline Inc. | 0.44% | 14,000 | $772K | Reduce -84.4% |
| LSCC Lattice Semiconductor Corp. | 0.30% | 10,000 | $531K | New |
| FLR Fluor Corp. | 0.27% | 10,000 | $477K | New |
| IVAC Intevac Inc. | 0.05% | 25,000 | $85K | Reduce -73.9% |
Options reported separately and not counted above: ASANA INC calls ($1.9M).
Portfolio Sells Q2 2024 → Q3 2024
| XPER Xperi Inc. | Reduce -76.5% | 1.05% | −2.74 |
| BL Blackline Inc. | Reduce -84.4% | 0.44% | −1.93 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −1.73 |
| UBSFY Ubisoft Entertain-Unspon ADR | Sold out | 0.00% | −1.58 |
| MRVL Marvell Technology Inc. | Reduce -30.0% | 4.30% | −1.40 |
| CPTN Cepton Inc. | Sold out | 0.00% | −1.34 |
| MU Micron Technology Inc. | Sold out | 0.00% | −1.21 |
| INTC Intel Corp. | Sold out | 0.00% | −1.01 |
| GENI Genius Sports Ltd. | Sold out | 0.00% | −0.89 |
| GWRE Guidewire Software Inc. | Sold out | 0.00% | −0.82 |
| CGNT Cognyte Software Ltd. | Reduce -16.3% | 2.87% | −0.82 |
| NXDR Nextdoor Holdings Inc. | Reduce -16.0% | 2.96% | −0.82 |
| MSOS Advisorshares Pure US Cann | Sold out | 0.00% | −0.70 |
| CSGS CSG Systems Intl Inc. | Reduce -30.0% | 3.87% | −0.60 |
| BABA Alibaba Group Holding-SP ADR | Reduce -44.4% | 3.01% | −0.51 |
| HHS Harte-Hanks Inc. | Reduce -10.6% | 2.64% | −0.44 |
| GTBIF Green Thumb Industries Inc. | Sold out | 0.00% | −0.39 |
| VMEO Vimeo Inc. | Reduce -42.1% | 1.58% | −0.35 |
| CIEN Ciena Corp. | Reduce -35.0% | 2.27% | −0.34 |
| VRNOF Verano Holdings Corp. | Sold out | 0.00% | −0.33 |
| ZUO Zuora Inc. Class A | Reduce -31.3% | 0.50% | −0.30 |
| AIP Arteris Inc. | Reduce -17.1% | 1.43% | −0.17 |
| WDAY Workday Inc. Class A | Reduce -16.7% | 3.47% | −0.17 |
| IVAC Intevac Inc. | Reduce -73.9% | 0.05% | −0.15 |
| NWPX NWPX Infrastructure Inc. | Reduce -36.4% | 0.90% | −0.12 |
| VIAV Viavi Solutions Inc. | Reduce -20.8% | 5.38% | +0.43 |
| GLW Corning Inc. | Reduce -2.1% | 3.64% | +0.58 |
| ANGI Angi Inc. | Reduce -2.1% | 3.44% | +0.94 |
Portfolio Buys Q2 2024 → Q3 2024
| ADTN Adtran Holdings Inc. | Add +129.6% | 4.45% | +2.80 |
| AFRM Affirm Holdings Inc. | New | 2.55% | +2.55 |
| ESTC Elastic NV | New | 2.18% | +2.18 |
| LYFT LYFT Inc. Class A | New | 1.81% | +1.81 |
| BIDU Baidu Inc. - Spon ADR | New | 1.50% | +1.50 |
| PRO Pros Holdings Inc. | New | 1.42% | +1.42 |
| MTRX Matrix Service Co. | Add +1.9% | 7.20% | +1.38 |
| ALAB Astera Labs Inc. | New | 1.34% | +1.34 |
| AMD Advanced Micro Devices | Add +92.3% | 2.33% | +1.18 |
| CEVA Ceva Inc. | Add +21.7% | 1.92% | +0.72 |
| HIPO Hippo Holdings Inc. | Add +11.2% | 5.53% | +0.69 |
| MGM MGM Resorts International | New | 0.67% | +0.67 |
| AMBA Ambarella Inc. | Add +13.6% | 3.20% | +0.62 |
| HDSN Hudson Technologies Inc. | Add +20.0% | 3.84% | +0.61 |
| DBRG Digitalbridge Group Inc. | New | 0.52% | +0.52 |
| FRSH Freshworks Inc. Class A | Add +37.5% | 1.79% | +0.41 |
| LSCC Lattice Semiconductor Corp. | New | 0.30% | +0.30 |
| FLR Fluor Corp. | New | 0.27% | +0.27 |
| ACTG Acacia Research Corp. | Add +10.0% | 0.73% | +0.05 |
| ASAN Asana Inc. Class A | Add +7.5% | 9.38% | −0.69 |
Options Activity Q2 2024 → Q3 2024
| CALL ASAN 17.5 07/19/24 | call | Sold out | 960,000 | $16.8Mbefore exit |
| ASANA INC | call | New | 150,000 | $1.9M |
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 |