Copyright 2023 Whale Rock Capital Management LLC. You must have a subscription to view WhaleScore histories. the MV of securities sold, whichever is less, increase in value). Since inception in 2006, Whale Rock has invested globally with a focus on the Technology, Media and Telecom sectors. Whale Rock collects and maintains nonpublic personal information and personal data about or from its customers including, but not limited to, the following types of information: Basic personal data such as name, social security number, address, current employment, company name, company email address, business phone number, and business address. Change in Shares. We make no claims that the Site or any of its content is accessible or appropriate outside of the United States. Investors in the funds include high-net-worth individuals, trusts, foundations, endowments, charitable organizations, pension plans, corporations, funds of funds and other domestic and international institutional investors. for a sense of how much a particular investment might be worth as well as its growth over time. Tiger Global, headed by longtime industry darling Chase Coleman, fell particularly hard, posting a shocking 34% drop for the first quarter. These terms permit you to use the Site for your personal or internal business use only. It can be held back for a variety of reasons: high price, complex products, lack of an ecosystem. Relative to the number of outstanding shares of Microsoft, Whale Rock Capital Management owns more than approximately 0.1% of the company. For European residents, this Privacy Policy describes the basis on which we process personal data and for what purposes, a summary of the privacy rights under applicable European privacy laws, including the General Data Protection Regulation, and other UK and European data privacy laws (the European Data Privacy Laws) and how we protect personal data. The oversubscribed financing round, which was led by Whale Rock Capital, included new investors D1 Capital, T. Rowe Price, Fidelity, Park West, Standard Industries, Atreides, and numerous existing investors. You must not: Their last reported 13F filing for Q4 2022 included $543,870,263 in managed 13F securities and a top 10 holdings concentration of 96.3%. You may store files that are automatically cached by your Web browser for display enhancement purposes. We may use Google Analytics to evaluate use of the Site for our internal purposes such as evaluating usages of the Site. The average market cap of the portfolio companies is close to $119 billion. Its primary purpose is to sponsor and manage pooled investment vehicles. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities. Alex Sacerdote's $13 billion Whale Rock has joined the growing list of tech-focused funds showing double-digit losses for the first quarter. Alex Sacerdotes Sacerdote stopped accepting new capital in December of 2017, Nov. 2018 interview with Graham and Doddsville. THE FOREGOING DOES NOT AFFECT ANY LIABILITY THAT CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW. This makes their stake in Microsoft total 1,439,857 shares worth $370 million. Regulatory filings showing the firm's public holdings as of the end of September report that its three top holdings were Bill.com, Google, and Tesla, all of which had banner years in 2021 (though it's unclear if Whale Rock sold them after in the fourth quarter). To exercise any of these rights, customers should send the request to the email below. Whale Rock Capital Management Investment Philosophy. Currently, Whale Rock Capital Management's portfolio is worth at least $3.37 billion. We may also use web beacons on the Site and in our emails. Alex Sacerdote's long-running Whale Rock Capital, which reported banner returns in 2020, wrapped up a challenging year with a loss after getting slammed at the end of 2021. Whale Rock lost 9% in 2021 in its blended public-private fund, documents show. In the first 11 months of 2017, the fund returned 38.9 percent, far outpacing the average hedge fund's 7.6 percent gain through November. Factbox-Why are Hollywood writers threatening to strike? Whale Rock may revise and update these Terms from time to time in our sole discretion. By using the Site, you accept and agree to be bound by the Terms. Asia Pacific +65 6212 1000. Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America. The management fee at Whale Rock is fixed and ranges from 1% to 1.75% per year. WebFrom generating returns for our investors, to fulfilling promises to the communities in which we develop. Shares Owned. for WHALE ROCK CAPITAL MANAGEMENT LLC, Top 20 equal-weighted holdings. The performance allocation usually ranges from 15% to 20% of a fund's realized or unrealized net profit or, Again, it's important to understand that hedge funds are often complex, loosely regulated investments and therefore accessible only to, . Encryption of backup tapes and emails backup tapes and emails containing personal information are encrypted on a prospective basis if it is technically feasible; Dan received a WebAnd annual 13F returns of 30% since 2011. and a top 10 holdings concentration of 59.66%. All changes are effective immediately when we post them and apply to all access to and use of the Website thereafter. Nothing in the public portion of the Site constitutes advice regarding, or a recommendation of, the purchase or sale of a security. Company Name. Alex Sacerdotes Whale Rock Capital Management shuffled its deck of tech stocks during the third quarter, dumping one of its largest holdings and adding a stake in Existing investors, including Spark Growth (Spark Capital), Goldman Sachs, Temasek, and Adage Capital Management also Whale Rock is the data controller under European Data Privacy Laws and the personal data is processed by Whale Rock in the US (which has a lower standard of data privacy laws compared to the European Data Privacy Laws). For non-personal use or to order multiple copies, please contact Once significant trends and inflection points are identified, we look for companies whose sales and profits will benefit from these trends and that have at least some of the following characteristics: strong business models and competitive advantages, underappreciated earnings power, reasonable valuations and good management.. Growth Hedge Funds Suffer Worst Rout in Years. % of Portfolio. Last year, Whale Rock lost 19.2% in its public-only fund, but only fell 9% in its blended strategy, for example. Stocks with a size of more than $10 billion in market cap make up WebCAT Rock Capital Management is a hedge fund with 7 clients and discretionary assets under management (AUM) of $3,012,365,460 (Form ADV from 2022-11-04). For example, the Flagship Funds and the Hybrid Funds require a minimum investment of $1million. Whale Rock Capital Management LLC of 2 International Place, 24th Floor, Boston, MA 02110, US (Whale Rock) and the investment funds for which it serves as investment manager may collect nonpublic information, including personal data as defined under applicable European Data Privacy Laws (defined below), of Whale Rocks customers. Boston, MA 02110 Again from the funds ADV: On the short side, we look for companies that will be negatively impacted by these trends and also have some of the following characteristics: weak business models, deteriorating competitive positions, unreasonable valuations (although this is rarely sufficient in its own right), over-hyped business opportunities and poor management. We only use such information to evaluate usage of the Site and improve performance and customer services and to protect the security and integrity of the Site and our business, such as preventing fraud, hacking, and other criminal activity or to meet legal obligations. If you're ready to connect with local advisors, It's never too early - or too late, for that matter - to start investing. When we do, we will post the change(s) on our Site. Stay up to date with what you want to know. Premium. We only share such information with our service providers to perform a business, professional or technical support function for us. OriginalWhaleScore PETER M SACERDOTE INVESTMENT PARTNERS, L.P. CHIEF COMPLIANCE OFFICER, GENERAL COUNSEL. Physical safeguards including restricted elevator access to its offices and full-time staffed reception desk to check people who arrive at the office. Electronic safeguards including firewalls for server database protection, passwords for computer login, and limited access to the computer room. Subscribe to WhaleWisdom to view all filing data The Funds are generally expected to have a net long bias.. Sign up for notifications from Insider! Restricting access to customer information to those required to have access to service customer needs. Cloning Carl Icahn 13Fs would have generated a 15.09% annual return since 2001. In addition to investing in companies that benefit from the identified trends, we are often attracted to other investment attributes, such as: turnarounds, management changes, value creating acquisitions, shareholder friendly capital structure actions, such as stock buybacks, and prudent use of leverage. Users continued use of the Site following the posting of revised Terms means that you accept and agree to the changes. Value. Whale Rock has increased its bets on private stocks, similar to other tech-focused hedge funds. whale rock capital management whale rock capital management llc whale rock rock capital management llc whale rock capital partners www whalerockcapital No right, title, or interest in or to the Site or any content on the Site is transferred to you, and all rights not expressly granted are reserved by Whale Rock. The firm is run by former Fidelity Investments portfolio manager Alex Sacerdote with a handful of analysts and has largely stayed out of the $3 trillion hedge fund industry's limelight since its launch in 2006. WebWhale Rock Capital Management LLC is an SEC Registered Investment Adviser based in Boston. These may be waived or reduced with respect to particular investors. An equal-weighted portfolio of Whale Rocks top ten long 13F positions, rebalanced quarterly, has averaged a 17.30% annual return since the funds inception in 2006. Investors in the funds include, The investment objective of the Whale Rock funds is to provide consistently excellent and risk-adjusted returns. A spokesman for the firm declined to comment. Market volatility has remained high volatile following Russia's invasion of Ukraine. Manage Products and Account Information. Burrys Scion sold all Gamestop shares in Q4 before GME went stratospheric, 13F filing shows. In the first 11 months of 2017, the fund returned 38.9 percent, far outpacing the average hedge funds 7.6 percent gain through November. In addition to connecting you withexpert advisors, SmartAsset also has various tools to help you get a snapshot of the numbers right now. An equal-weighted portfolio of Whale Rocks top ten long 13F positions, rebalanced quarterly, has averaged Sign up for notifications from Insider! Today, Flywire is announcing a new round of funding, which was led by investment firms Whale Rock Capital Management, Marshall Wace LLP and Sunley House Capital, Advent Internationals crossover fund. This Privacy Policy applies to the processing of personal information to process and administer Whale Rocks customers business needs and to ensure that we are satisfying their financial needs. Bloomberg Tax. for Q4 2022: commodity pool operator or commodity trading advisor, Percentage of assets under management,Performance-based fees. Web beacons are tiny graphic images that are used to collect information about a visit to the Site, such as the pages a visitor views and the features used, as well as information about whether they open and/or act upon one of our emails. The firm provides investment advice solely to these funds and does not tailor portfolio management services to the individual needs of investors in the funds. Back in 2013, Bloomberg ran a profile of Brad Gerstner's Altimeter Capital that described the up-and-coming hedge fund manager as an adventurer -- an amateur pilot and heli-skier who hangs out with big-time CEOs at Burning Man. When a customer logs-in and/or anyone visits our website (whalerockcapital.com or the Site) from either their computer, mobile phone, tablet, or other device, we may collect certain information from them, including their Internet Protocol (IP) address, MAC address, browser type, operating system, device-identifying information, the specific web pages visited during the connection, and the domain name from which they accessed the Site. We may work with service providers that help us track, collect and analyze this information. Whale Rock Capitals portfolio was worth $15 billion by the second quarter of this year, and it consisted of investments made in 77 different companies. From identifying under-valued real estate assets, to optimizing returns for Whale Rock Capital Management LLC is a limited liability company formed in March 2006. Whale Rock may also disclose personal information to governmental authorities as required or permitted by law; public and private social security and insurance agencies; consultants in connection with extraordinary business operations (e.g., mergers, acquisitions, and the like); to business partners, agents and customers; external consultants and professionals; courts and other dispute forums. This leaves the value of the investment at $131 million and 504,292 shares. Also, scroll over any city to learn about the cost of living in retirement for that location. All investing involves risk, including loss of principal. 13F filing from WHALE ROCK CAPITAL MANAGEMENT LLC, enter your Boston, Massachusetts, United States 11-50 Venture You must not reproduce, distribute, modify, create derivative works of, publicly display, publicly perform, republish, download, store, or transmit any of the material on our Site, except as follows: We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. Over the last five years, the firm has returned an average 21 percent a year. Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter. Find 13F, 13D, insider transactions and more. https://www.wsj.com/articles/growth-hedge-funds-suffer-worst-rout-in-years-11643824096. Such investors differ from retail investors or, , who might be taking a more DIY approachor, enlisting the services of a financial advisor, Within the past 10 years, Whale Rock Capital Management has not undergone any disciplinary or legal action deemed material to a clients evaluation of its business integrity. (Reporting by Svea Herbst-Bayliss; Editing by Bernadette Baum), One-third of US nurses plan to quit profession - report, U.S. Treasury encouraged by First Republic resolution, says banking system remains sound. Whale Rock Capital Management is poised to post the biggest loss in its 16-year history.The hedge fund firm headed by Alex Sacerdote is the latest TMT fund to surge and build a huge amount of assets during the FAANG boom, only to surrender a chunk of its gains in less. The source of this personal information is usually our customers (directly or on their behalf by service providers or agents), recorded calls and from the following documents: Information provided to Whale Rock, such as on applications, questionnaires, contracts, or other forms. Microsoft dropped approximately 0.1% in the past year.

Laryngospasm Death Rate, Toscana Country Club Membership Cost, Craigslist Tulsa, Ok Pets, Barrel Horses For Sale In Sd, Diet For Nutcracker Syndrome, Articles W