Whale Rock Capital Management
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Alex Sacerdote's Whale Rock Capital Management reported 38 stock positions worth $8.4 billion. Its top holding was Amazon.com (AMZN) at 9.1% of the portfolio, followed by Broadcom (AVGO, 7.0%) and AppLovin Class A (APP, 6.9%). Compared with Q3 2024, it opened 6 new positions, sold out of 4, added to 11 and reduced 20. The biggest buy was a new position in Reddit Class A (RDDT) and the biggest sale an exit from Monolithic Power Systems (MPWR).
- Most Recent 13F
- Q2 2026
- Notable People
- Alex Sacerdote
- Location
- Boston, MA
- CIK
- 0001387322
- Portfolio Value
- $8.4B (Q4 2024)
- SEC Filing
- 0001172661-25-001117 ↗ filed Feb 14, 2025
Holdings Value
Holdings 38 stocks · $8.4B
| AMZN Amazon.com Inc. | 9.08% | 3,494,020 | $766.6M | Add +21.6% |
| AVGO Broadcom Inc. | 7.04% | 2,563,881 | $594.4M | Add +25.7% |
| APP AppLovin Corp. Class A | 6.89% | 1,796,826 | $581.9M | Reduce -39.4% |
| CLS Celestica Inc. | 6.50% | 5,939,918 | $548.3M | Reduce -29.9% |
| META Meta Platforms Inc. Class A | 5.67% | 817,752 | $478.8M | Add +9.7% |
| NVDA Nvidia Corp. | 4.75% | 2,987,988 | $401.3M | Reduce -13.8% |
| DUOL Duolingo | 4.53% | 1,179,755 | $382.5M | Reduce -13.8% |
| CRM Salesforce Inc. | 3.27% | 826,614 | $276.4M | Add +264.5% |
| RBLX Roblox Corp. Class A | 3.26% | 4,755,213 | $275.1M | Add +95.8% |
| GOOGL Alphabet Inc. Class A | 3.21% | 1,430,638 | $270.8M | Reduce -40.4% |
| TOST Toast Inc. Class A | 3.14% | 7,263,710 | $264.8M | Reduce -1.9% |
| CVNA Carvana Co. | 2.93% | 1,214,679 | $247.0M | Add +29.8% |
| WIX Wix.com Ltd. | 2.72% | 1,071,565 | $229.9M | Add +55.1% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 2.71% | 22,084,794 | $228.8M | Reduce -1.9% |
| RDDT Reddit Inc. Class A | 2.42% | 1,248,492 | $204.1M | New |
| SMTC Semtech Corp. | 2.39% | 3,266,202 | $202.0M | Add +364.2% |
| COHR Coherent Corp. | 2.38% | 2,121,545 | $201.0M | Reduce -10.3% |
| DKNG Draftkings Inc. Class A | 2.19% | 4,971,886 | $185.0M | Add +9.2% |
| FN Fabrinet | 2.19% | 839,777 | $184.7M | Reduce -1.9% |
| TEAM Atlassian Corp. Class A | 2.03% | 702,369 | $170.9M | New |
| KVYO Klaviyo Inc. Class A | 1.89% | 3,868,451 | $159.5M | Add +7.4% |
| CPNG Coupang Inc. | 1.82% | 6,971,033 | $153.2M | Reduce -12.0% |
| MELI MercadoLibre Inc. | 1.80% | 89,583 | $152.3M | Reduce -1.9% |
| CYBR Cyberark Software Ltd./Israel | 1.79% | 452,351 | $150.7M | Reduce -1.9% |
| AAPL Apple Inc. | 1.72% | 580,237 | $145.3M | New |
| VRT Vertiv Holdings Co. Class A | 1.61% | 1,193,773 | $135.6M | Add +7.5% |
| PDD PDD Holdings Inc. | 1.57% | 1,370,266 | $132.9M | Reduce -10.3% |
| HUBS HubSpot Inc. | 1.50% | 181,328 | $126.3M | No change |
| TWLO Twilio Inc. Class A | 1.32% | 1,029,907 | $111.3M | New |
| MNDY Monday.com Ltd. | 1.10% | 394,928 | $93.0M | Reduce -1.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.98% | 242,400 | $82.9M | Reduce -1.9% |
| ALKT Alkami Technology Inc. | 0.93% | 2,150,440 | $78.9M | New |
| OKTA Okta Inc. | 0.76% | 813,701 | $64.1M | Reduce -62.7% |
| CRTO Criteo SA-Spon | 0.65% | 1,385,258 | $54.8M | Reduce -45.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.58% | 249,873 | $49.3M | Reduce -1.1% |
| HPE Hewlett Packard Enterprise | 0.48% | 1,906,125 | $40.7M | Reduce -49.1% |
| MSFT Microsoft Corp. | 0.12% | 24,795 | $10.5M | Reduce -93.2% |
| TTAN Servicetitan Inc. Class A | 0.05% | 40,000 | $4.1M | New |
Portfolio Sells Q3 2024 → Q4 2024
| MPWR Monolithic Power Systems Inc. | Sold out | 0.00% | −2.60 |
| GWRE Guidewire Software Inc. | Sold out | 0.00% | −2.50 |
| GOOGL Alphabet Inc. Class A | Reduce -40.4% | 3.21% | −2.37 |
| MSFT Microsoft Corp. | Reduce -93.2% | 0.12% | −2.09 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -1.9% | 2.71% | −1.60 |
| OKTA Okta Inc. | Reduce -62.7% | 0.76% | −1.52 |
| PDD PDD Holdings Inc. | Reduce -10.3% | 1.57% | −1.31 |
| NVDA Nvidia Corp. | Reduce -13.8% | 4.75% | −1.15 |
| CPNG Coupang Inc. | Reduce -12.0% | 1.82% | −0.91 |
| DUOL Duolingo | Reduce -13.8% | 4.53% | −0.88 |
| MELI MercadoLibre Inc. | Reduce -1.9% | 1.80% | −0.82 |
| CRTO Criteo SA-Spon | Reduce -45.0% | 0.65% | −0.77 |
| FN Fabrinet | Reduce -1.9% | 2.19% | −0.65 |
| NWSA News Corp. Class A | Sold out | 0.00% | −0.63 |
| HPE Hewlett Packard Enterprise | Reduce -49.1% | 0.48% | −0.59 |
| COHR Coherent Corp. | Reduce -10.3% | 2.38% | −0.57 |
| MNDY Monday.com Ltd. | Reduce -1.9% | 1.10% | −0.47 |
| AAOI Applied Optoelectronics Inc. | Sold out | 0.00% | −0.23 |
| CYBR Cyberark Software Ltd./Israel | Reduce -1.9% | 1.79% | −0.10 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -1.1% | 0.58% | −0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -1.9% | 0.98% | +0.01 |
| TOST Toast Inc. Class A | Reduce -1.9% | 3.14% | +0.20 |
| CLS Celestica Inc. | Reduce -29.9% | 6.50% | +0.43 |
| APP AppLovin Corp. Class A | Reduce -39.4% | 6.89% | +1.46 |
Portfolio Buys Q3 2024 → Q4 2024
| RDDT Reddit Inc. Class A | New | 2.42% | +2.42 |
| CRM Salesforce Inc. | Add +264.5% | 3.27% | +2.40 |
| AVGO Broadcom Inc. | Add +25.7% | 7.04% | +2.11 |
| TEAM Atlassian Corp. Class A | New | 2.03% | +2.03 |
| SMTC Semtech Corp. | Add +364.2% | 2.39% | +1.94 |
| RBLX Roblox Corp. Class A | Add +95.8% | 3.26% | +1.75 |
| AAPL Apple Inc. | New | 1.72% | +1.72 |
| AMZN Amazon.com Inc. | Add +21.6% | 9.08% | +1.58 |
| TWLO Twilio Inc. Class A | New | 1.32% | +1.32 |
| WIX Wix.com Ltd. | Add +55.1% | 2.72% | +1.10 |
| ALKT Alkami Technology Inc. | New | 0.93% | +0.93 |
| CVNA Carvana Co. | Add +29.8% | 2.93% | +0.64 |
| KVYO Klaviyo Inc. Class A | Add +7.4% | 1.89% | +0.10 |
| VRT Vertiv Holdings Co. Class A | Add +7.5% | 1.61% | +0.06 |
| TTAN Servicetitan Inc. Class A | New | 0.05% | +0.05 |
| META Meta Platforms Inc. Class A | Add +9.7% | 5.67% | −0.31 |
| DKNG Draftkings Inc. Class A | Add +9.2% | 2.19% | −0.31 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 35 | $12.5B | SNDK, AMD, GOOGL, TTMI, ALAB |
| Q1 2026 | 35 | $7.7B | GOOGL, SNDK, CLS, AMZN, TTMI |
| Q4 2025 | 32 | $7.8B | GOOGL, CLS, APP, CVNA, AMZN |
| Q3 2025 | 36 | $8.5B | CLS, APP, NVDA, META, RBLX |
| Q2 2025 | 42 | $7.2B | CLS, NVDA, META, AVGO, APP |
| Q1 2025 | 32 | $5.8B | CLS, APP, AMZN, META, DUOL |
| Q4 2024 | 38 | $8.4B | AMZN, AVGO, APP, CLS, META |
| Q3 2024 | 36 | $7.1B | AMZN, CLS, META, NVDA, GOOGL |
| Q2 2024 | 39 | $7.1B | NVDA, GOOGL, MSFT, AMZN, CLS |
| Q1 2024 | 33 | $6.7B | NVDA, AMZN, META, MSFT, NU |