Westerly Capital Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Westerly Capital Management, LLC reported 44 stock positions worth $216.6 million. Its top holding was Invesco QQQ TR at 9.6% of the portfolio, followed by Asana Class A (ASAN, 7.0%) and Viavi Solutions (VIAV, 6.8%). Compared with Q3 2024, it opened 13 new positions, sold out of 9, added to 11 and reduced 18. The biggest buy was a new position in Invesco QQQ TR and the biggest sale Ambarella (AMBA, shares −95%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001546172
- Portfolio Value
- $216.6M (Q4 2024)
- SEC Filing
- 0001546172-25-000003 ↗ filed Feb 14, 2025
Holdings Value
Holdings 44 stocks · $216.6M
| INVESCO QQQ TR | 9.60% | 400 | $20.8M | New |
| ASAN Asana Inc. Class A | 7.02% | 750,000 | $15.2M | Reduce -47.4% |
| VIAV Viavi Solutions Inc. | 6.76% | 1,450,000 | $14.6M | Add +38.1% |
| MTRX Matrix Service Co. | 6.36% | 1,150,000 | $13.8M | Add +4.5% |
| HIPO Hippo Holdings Inc. | 4.50% | 364,215 | $9.8M | Reduce -36.9% |
| FLR Fluor Corp. | 3.87% | 170,000 | $8.4M | Add +1600.0% |
| CGNT Cognyte Software Ltd. | 3.59% | 900,000 | $7.8M | Add +20.8% |
| ADTN Adtran Holdings Inc. | 3.58% | 930,000 | $7.7M | Reduce -29.6% |
| NXDR Nextdoor Holdings Inc. | 3.39% | 3,100,000 | $7.3M | Add +47.6% |
| GWRE Guidewire Software Inc. | 3.39% | 43,504 | $7.3M | New |
| ADVANCED MICRO DEVICES INC | 3.23% | 500 | $7.0M | New |
| ASANA INC | 2.71% | 3,500 | $5.9M | New |
| HDSN Hudson Technologies Inc. | 2.62% | 1,017,580 | $5.7M | Add +25.6% |
| MRVL Marvell Technology Inc. | 2.55% | 50,000 | $5.5M | Reduce -52.4% |
| GLW Corning Inc. | 2.41% | 110,000 | $5.2M | Reduce -22.5% |
| FRSH Freshworks Inc. Class A | 2.24% | 300,000 | $4.9M | Add +9.1% |
| LYFT LYFT Inc. Class A | 2.23% | 375,000 | $4.8M | Add +50.0% |
| PRO Pros Holdings Inc. | 2.23% | 220,000 | $4.8M | Add +63.0% |
| ANGI Angi Inc. | 2.18% | 2,840,000 | $4.7M | Add +20.9% |
| OKTA Okta Inc. | 2.11% | 58,000 | $4.6M | New |
| WDAY Workday Inc. Class A | 1.79% | 15,000 | $3.9M | Reduce -40.0% |
| CIEN Ciena Corp. | 1.76% | 45,000 | $3.8M | Reduce -30.8% |
| AMD Advanced Micro Devices | 1.67% | 30,000 | $3.6M | Add +20.0% |
| BABA Alibaba Group Holding-SP ADR | 1.57% | 40,000 | $3.4M | Reduce -20.0% |
| HHS Harte-Hanks Inc. | 1.48% | 620,590 | $3.2M | Reduce -0.7% |
| PD Pagerduty Inc. | 1.26% | 150,000 | $2.7M | New |
| CEVA Ceva Inc. | 1.24% | 85,000 | $2.7M | Reduce -39.3% |
| LUMN Lumen Technologies Inc. | 1.23% | 500,000 | $2.7M | New |
| CSGS CSG Systems Intl Inc. | 1.18% | 50,000 | $2.6M | Reduce -64.3% |
| AIP Arteris Inc. | 1.18% | 250,000 | $2.5M | Reduce -23.1% |
| VMEO Vimeo Inc. | 1.03% | 350,000 | $2.2M | Reduce -36.4% |
| GENI Genius Sports Ltd. | 1.00% | 250,000 | $2.2M | New |
| AFRM Affirm Holdings Inc. | 0.98% | 35,000 | $2.1M | Reduce -68.2% |
| BIDU Baidu Inc. - Spon ADR | 0.97% | 25,000 | $2.1M | No change |
| ALAB Astera Labs Inc. | 0.92% | 15,000 | $2.0M | Reduce -66.7% |
| SCOR Comscore Inc. | 0.84% | 309,896 | $1.8M | Reduce -0.0% |
| NWPX NWPX Infrastructure Inc. filed as NORTHWEST PIPE CO | 0.78% | 35,000 | $1.7M | No change |
| FRESHWORKS INC | 0.69% | 1,000 | $1.5M | New |
| ACTG Acacia Research Corp. | 0.43% | 216,339 | $939K | Reduce -21.3% |
| LMND Lemonade Inc. | 0.42% | 25,000 | $917K | New |
| GTBIF Green Thumb Industries Inc. | 0.38% | 100,000 | $817K | New |
| CONFLUENT INC | 0.28% | 300 | $600K | New |
| VRNOF Verano Holdings Corp. | 0.17% | 300,000 | $374K | New |
| AMBA Ambarella Inc. | 0.17% | 5,000 | $364K | Reduce -95.0% |
Portfolio Sells Q3 2024 → Q4 2024
| AMBA Ambarella Inc. | Reduce -95.0% | 0.17% | −3.04 |
| CSGS CSG Systems Intl Inc. | Reduce -64.3% | 1.18% | −2.69 |
| ASAN Asana Inc. Class A | Reduce -47.4% | 7.02% | −2.36 |
| ESTC Elastic NV | Sold out | 0.00% | −2.18 |
| PDFS PDF Solutions Inc. | Sold out | 0.00% | −2.07 |
| MRVL Marvell Technology Inc. | Reduce -52.4% | 2.55% | −1.75 |
| WDAY Workday Inc. Class A | Reduce -40.0% | 1.79% | −1.68 |
| AFRM Affirm Holdings Inc. | Reduce -68.2% | 0.98% | −1.57 |
| BABA Alibaba Group Holding-SP ADR | Reduce -20.0% | 1.57% | −1.45 |
| GLW Corning Inc. | Reduce -22.5% | 2.41% | −1.23 |
| HHS Harte-Hanks Inc. | Reduce -0.7% | 1.48% | −1.17 |
| XPER Xperi Inc. | Sold out | 0.00% | −1.05 |
| HIPO Hippo Holdings Inc. | Reduce -36.9% | 4.50% | −1.03 |
| ADTN Adtran Holdings Inc. | Reduce -29.6% | 3.58% | −0.87 |
| CEVA Ceva Inc. | Reduce -39.3% | 1.24% | −0.68 |
| MGM MGM Resorts International | Sold out | 0.00% | −0.67 |
| VMEO Vimeo Inc. | Reduce -36.4% | 1.03% | −0.54 |
| DBRG Digitalbridge Group Inc. | Sold out | 0.00% | −0.52 |
| CIEN Ciena Corp. | Reduce -30.8% | 1.76% | −0.51 |
| ZUO Zuora Inc. Class A | Sold out | 0.00% | −0.50 |
| BL Blackline Inc. | Sold out | 0.00% | −0.44 |
| ALAB Astera Labs Inc. | Reduce -66.7% | 0.92% | −0.42 |
| SCOR Comscore Inc. | Reduce -0.0% | 0.84% | −0.36 |
| LSCC Lattice Semiconductor Corp. | Sold out | 0.00% | −0.30 |
| ACTG Acacia Research Corp. | Reduce -21.3% | 0.43% | −0.29 |
| AIP Arteris Inc. | Reduce -23.1% | 1.18% | −0.25 |
| IVAC Intevac Inc. | Sold out | 0.00% | −0.05 |
Portfolio Buys Q3 2024 → Q4 2024
| INVESCO QQQ TR | New | 9.60% | +9.60 |
| FLR Fluor Corp. | Add +1600.0% | 3.87% | +3.60 |
| GWRE Guidewire Software Inc. | New | 3.39% | +3.39 |
| ADVANCED MICRO DEVICES INC | New | 3.23% | +3.23 |
| ASANA INC | New | 2.71% | +2.71 |
| OKTA Okta Inc. | New | 2.11% | +2.11 |
| VIAV Viavi Solutions Inc. | Add +38.1% | 6.76% | +1.38 |
| PD Pagerduty Inc. | New | 1.26% | +1.26 |
| LUMN Lumen Technologies Inc. | New | 1.23% | +1.23 |
| GENI Genius Sports Ltd. | New | 1.00% | +1.00 |
| PRO Pros Holdings Inc. | Add +63.0% | 2.23% | +0.81 |
| CGNT Cognyte Software Ltd. | Add +20.8% | 3.59% | +0.72 |
| FRESHWORKS INC | New | 0.69% | +0.69 |
| FRSH Freshworks Inc. Class A | Add +9.1% | 2.24% | +0.45 |
| NXDR Nextdoor Holdings Inc. | Add +47.6% | 3.39% | +0.43 |
| LMND Lemonade Inc. | New | 0.42% | +0.42 |
| LYFT LYFT Inc. Class A | Add +50.0% | 2.23% | +0.42 |
| GTBIF Green Thumb Industries Inc. | New | 0.38% | +0.38 |
| CONFLUENT INC | New | 0.28% | +0.28 |
| VRNOF Verano Holdings Corp. | New | 0.17% | +0.17 |
| AMD Advanced Micro Devices | Add +20.0% | 1.67% | −0.66 |
| MTRX Matrix Service Co. | Add +4.5% | 6.36% | −0.85 |
| HDSN Hudson Technologies Inc. | Add +25.6% | 2.62% | −1.22 |
| ANGI Angi Inc. | Add +20.9% | 2.18% | −1.27 |
Options Activity Q3 2024 → Q4 2024
| ASANA INC | call | Sold out | 150,000 | $1.9Mbefore 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 |