Whale Rock Capital Management
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Alex Sacerdote's Whale Rock Capital Management reported 32 stock positions worth $7.8 billion. Its top holding was Alphabet Class A (GOOGL) at 8.4% of the portfolio, followed by Celestica (CLS, 7.1%) and AppLovin Class A (APP, 7.0%). Compared with Q3 2025, it opened 3 new positions, sold out of 7, added to 14 and reduced 12. The biggest buy was Alphabet Class A (GOOGL, shares +80%) and the biggest sale Nvidia (NVDA, shares −62%).
- Most Recent 13F
- Q2 2026
- Notable People
- Alex Sacerdote
- Location
- Boston, MA
- CIK
- 0001387322
- Portfolio Value
- $7.8B (Q4 2025)
- SEC Filing
- 0001172661-26-001153 ↗ filed Feb 17, 2026
Holdings Value
Holdings 32 stocks · $7.8B
| GOOGL Alphabet Inc. Class A | 8.41% | 2,100,923 | $657.6M | Add +79.5% |
| CLS Celestica Inc. | 7.12% | 1,882,391 | $556.5M | Reduce -37.1% |
| APP AppLovin Corp. Class A | 6.97% | 808,356 | $544.7M | Reduce -16.8% |
| CVNA Carvana Co. | 5.78% | 1,070,802 | $451.9M | Add +88.6% |
| AMZN Amazon.com Inc. | 5.48% | 1,857,878 | $428.8M | Add +28.3% |
| AVGO Broadcom Inc. | 4.57% | 1,031,732 | $357.1M | Reduce -27.9% |
| RBLX Roblox Corp. Class A | 4.25% | 4,105,113 | $332.6M | Add +10.4% |
| FROG Jfrog Ltd. | 4.23% | 5,297,812 | $330.9M | Add +82.2% |
| META Meta Platforms Inc. Class A | 3.96% | 469,713 | $310.1M | Reduce -35.6% |
| TTMI TTM Technologies | 3.77% | 4,276,320 | $295.1M | Add +112.1% |
| SMTC Semtech Corp. | 3.68% | 3,901,469 | $287.5M | Add +11.3% |
| FN Fabrinet | 3.59% | 616,047 | $280.5M | Reduce -9.7% |
| MDB Mongodb Inc. | 3.22% | 599,970 | $251.8M | Add +8.7% |
| SITM Sitime Corp. | 3.15% | 698,539 | $246.7M | Add +45.4% |
| SNDK Sandisk Corp. | 3.05% | 1,003,566 | $238.2M | New |
| GLW Corning Inc. | 2.99% | 2,669,780 | $233.8M | Add +1.8% |
| NVDA Nvidia Corp. | 2.87% | 1,201,695 | $224.1M | Reduce -62.3% |
| CIEN Ciena Corp. | 2.67% | 893,483 | $209.0M | Reduce -33.2% |
| COHR Coherent Corp. | 2.58% | 1,094,757 | $202.1M | Add +138.3% |
| MELI MercadoLibre Inc. | 2.53% | 98,175 | $197.7M | Add +61.1% |
| TSM Taiwan Semiconductor-SP ADR | 2.30% | 592,941 | $180.2M | Reduce -18.4% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 2.30% | 10,755,918 | $180.1M | Reduce -13.4% |
| PI Impinj Inc. | 1.97% | 887,272 | $154.4M | Reduce -27.6% |
| DUOL Duolingo | 1.97% | 876,646 | $153.9M | Add +1.0% |
| MTSI Macom Technology Solutions H | 1.72% | 783,305 | $134.2M | New |
| BE Bloom Energy Corp. Class A | 1.49% | 1,339,623 | $116.4M | Reduce -71.4% |
| KVYO Klaviyo Inc. Class A | 1.27% | 3,057,889 | $99.3M | Add +0.0% |
| HUBS HubSpot Inc. | 0.77% | 149,246 | $59.9M | No change |
| HPE Hewlett Packard Enterprise | 0.59% | 1,908,017 | $45.8M | No change |
| OKTA Okta Inc. | 0.48% | 434,854 | $37.6M | No change |
| WLTH Wealthfront Corp. | 0.28% | 1,600,000 | $21.7M | New |
| CHYM Chime Financial Inc. Class A | 0.00% | 10,572 | $266K | Reduce -99.2% |
Portfolio Sells Q3 2025 → Q4 2025
| NVDA Nvidia Corp. | Reduce -62.3% | 2.87% | −4.14 |
| NFLX Netflix Inc. | Sold out | 0.00% | −3.26 |
| BE Bloom Energy Corp. Class A | Reduce -71.4% | 1.49% | −3.17 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −2.44 |
| META Meta Platforms Inc. Class A | Reduce -35.6% | 3.96% | −2.35 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −1.83 |
| CLS Celestica Inc. | Reduce -37.1% | 7.12% | −1.57 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −1.34 |
| APP AppLovin Corp. Class A | Reduce -16.8% | 6.97% | −1.25 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −1.14 |
| AVGO Broadcom Inc. | Reduce -27.9% | 4.57% | −0.99 |
| PI Impinj Inc. | Reduce -27.6% | 1.97% | −0.63 |
| CHYM Chime Financial Inc. Class A | Reduce -99.2% | 0.00% | −0.33 |
| CPNG Coupang Inc. | Sold out | 0.00% | −0.29 |
| HNGE Hinge Health Inc. Class A | Sold out | 0.00% | −0.10 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -18.4% | 2.30% | −0.09 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -13.4% | 2.30% | −0.04 |
| CIEN Ciena Corp. | Reduce -33.2% | 2.67% | +0.38 |
| FN Fabrinet | Reduce -9.7% | 3.59% | +0.66 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +79.5% | 8.41% | +5.06 |
| CVNA Carvana Co. | Add +88.6% | 5.78% | +3.26 |
| SNDK Sandisk Corp. | New | 3.05% | +3.05 |
| FROG Jfrog Ltd. | Add +82.2% | 4.23% | +2.61 |
| TTMI TTM Technologies | Add +112.1% | 3.77% | +2.41 |
| COHR Coherent Corp. | Add +138.3% | 2.58% | +2.00 |
| AMZN Amazon.com Inc. | Add +28.3% | 5.48% | +1.74 |
| MTSI Macom Technology Solutions H | New | 1.72% | +1.72 |
| SITM Sitime Corp. | Add +45.4% | 3.15% | +1.45 |
| MDB Mongodb Inc. | Add +8.7% | 3.22% | +1.20 |
| MELI MercadoLibre Inc. | Add +61.1% | 2.53% | +0.85 |
| SMTC Semtech Corp. | Add +11.3% | 3.68% | +0.73 |
| GLW Corning Inc. | Add +1.8% | 2.99% | +0.46 |
| WLTH Wealthfront Corp. | New | 0.28% | +0.28 |
| KVYO Klaviyo Inc. Class A | Add +0.0% | 1.27% | +0.27 |
| DUOL Duolingo | Add +1.0% | 1.97% | −1.32 |
| RBLX Roblox Corp. Class A | Add +10.4% | 4.25% | −1.81 |
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 |