Whale Rock uses a fundamental, research driven approach and a disciplined investment process. We may also use web beacons on the Site and in our emails. Here are the 10 most popular hedge fund managers in WhaleWisdom. If you are an accredited investor and wish to become a client of Whale Rock Capital Management, you canvisit the firm's websiteor call(617) 502-9900. The funds secret? Alex Sacerdotes Sacerdote stopped accepting new capital in December of 2017, Nov. 2018 interview with Graham and Doddsville. If any special categories of personal data (as defined under the European Data Privacy Laws) have been provided to Whale Rock to enable us to respond to certain requests such as access requests or scheduling of meetings or similar requirements, Whale Rock does so with consent and/or on the grounds of legal necessity. Hedge fund XN was one of 2020s largest new funds. The current portfolio value is According to the last 13-F report filed with the SEC, Alex Sacerdote serves as the Authorized Person at Whale Rock Capital Management. If a visitor chooses, they can set their browser to reject cookies or they can manually delete individual cookies or all of the cookies on their computer by following their browsers help file directions. SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. divided by the total MV of the fund. These terms, together with the Privacy Policy (collectively, the Terms of Use and Privacy Policy are referred to as Terms) govern, as a condition to accessing and using this Site, any content, functionality or services offered on or through this Site, as well as all information about you collected by this Site whether such information is collected automatically, through the use of cookies and equivalent technology, or if provided by you. First inquiry recommendations due soon. We make no claims that the Site or any of its content is accessible or appropriate outside of the United States. Take a look at. email address below and choose 'Submit'. California residents may also designate an authorized agent to make a request for deletion on their behalf on Whale Rocks website at www.whalerockcapital.com. WebWhale Rock Capital Management is an investment firm that focuses on the technology, media, and telecom sectors. Whale Rock may disclose personal information with its affiliated Whale Rock companies and brokers, banks, agents, employees, and third parties who need to know to perform services on the customers behalf and to other third parties, including but not limited to the following types of third parties: Financial service providers, such as Whale Rocks administrator, placement agent and prime broker registered broker/dealers, auditors, regulators, and transfer agents in order to service customer accounts and/or who assist Whale Rock as part of the ordinary course of servicing your investments or providing any other services to you; Legal representatives of Whale Rock, such as our counsel, accountants and auditors; Third parties who perform marketing services for Whale Rock or with whom we have entered into joint marketing agreements for services or information about services that you have requested; Parties to a dispute or litigation, and their representatives and advisors, or regulatory or governmental authorities or otherwise as permitted by law; Any other service providers. I do not have a business relationship with any company whose stock is mentioned in this article. The use of such terms and logos and marks without the express written consent of Whale Rock is strictly prohibited. Documenting responsive actions taken in connection with any incident involving information security breaches and records of corrective actions taken. 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. If you're looking fortrustedand comprehensivesupport in managing your own finances, consider speaking to aprofessional financial advisor. Their last Alex Sacerdote's $13 billion Whale Rock has joined the growing list of tech-focused funds showing double-digit losses for the first quarter. 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). whale rock capital management whale rock capital management llc whale rock rock capital management llc whale rock capital partners www whalerockcapital An equal-weighted portfolio of Whale Rocks top ten long 13F positions, rebalanced quarterly, has averaged Whale Rock's overall strategyseeks to identify technological, social and economic trends that are advantageous to the investment process. Burrys Scion sold all Gamestop shares in Q4 before GME went stratospheric, 13F filing shows. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAssets reviews. The firm currently employs14 advisors. 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. Whale Rock Capital Management is a hedge fund with 14 clients and discretionary assets under management (AUM) of $20,854,112,538 (Form ADV from 2022-03-31). Ault bought 295,000 shares 12% of NTNs float on Jan. 25-28. 729,061 shares of Monolithic Pwr Sys Inc worth $280 million, Monolithic Pwr Sys Inc and bought 729,061 shares worth $280 million, Microsoft total 1,439,857 shares worth $370 million. See here for a complete list of exchanges and delays. Whether you are an accredited or sophisticated investor or not, it never hurts to consult a professional to make sure you're doing everything you can tomanage your finances so that they can work for you. When completed, an email will be sent to the email address you specify Security Measures: All investing involves risk, including loss of principal. If any provision of these Terms is held by a court or other tribunal of competent jurisdiction to be invalid, illegal or unenforceable for any reason, such provision shall be eliminated or limited to the minimum extent such that the remaining provisions of the Terms will continue in full force and effect. Copyright in the pages and in the screens of the Site, and in the information and material therein, is proprietary material owned by Whale Rock unless otherwise indicated. All changes are effective immediately when we post them and apply to all access to and use of the Website thereafter. How do I update this listing? 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. The two most similar investment funds to Whale Rock Capital Management are First Hawaiian Bank and Junto Capital Management L.P.. Exercise of these rights will have no adverse effect on the price and quality of Whale Rocks services. 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 We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Everybody says tech is so unpredictable, but if you understand the way S-curves work, it actually can be quite predictable during certain time periods. Whale Rock Capital Management is based out of Boston. Founded by Bridgett Moore, Bridgett Moore, Elon Musk, and Samuel Hetherington in 2016, The Boring Company has now raised a total of $908.0M in total equity funding and is backed by Sequoia Capital, Craft Ventures, Valor Equity Partners, Founders Fund, and 8VC. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved, Save up to $15 with TurboTax coupon May 2023, Epic Bundle - 3x Expert Stock Recommendations, 15% Off DIY Online Tax Filing Services | H&R Block Coupon Code, 10% TopResume Discount Code for expert resume-writing services, Groupon Promo Code - 30% Off Activities, Dining, More. and a top 10 holdings concentration of 59.66%. These concentrated tech investors have both augmented and protected their returns with an increased allocation toward private companies especially late-stage tech companies in recent years. Whale Rock Capitals returns have been hard to beat. WebWhale Rock Capital Managements hedge fund lost 15.9% for the month in the share class that invests in public and private companies, following a 9% loss last year, according to a Delete or alter any copyright, trademark, or other proprietary rights notices from copies of materials from this Site. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities. In addition to connecting you withexpert advisors, SmartAsset also has various tools to help you get a snapshot of the numbers right now. Whale Rock Capital Management, which has returned nearly 40 percent this year, has stopped accepting new capital after its assets grew to $2.5 billion, a The investment fund also strengthened its position in Microsoft by buying Find 13F, 13D, insider transactions and more. Users continued use of the Site following the posting of revised Terms means that you accept and agree to the changes. BOSTON, MA on the official website of the Securities & Exchange Commission (SEC). Performance numbers calculated through 2023-02-14. 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. For example, the Flagship Funds and the Hybrid Funds require a minimum investment of $1million. Nothing in the public portion of the Site constitutes advice regarding, or a recommendation of, the purchase or sale of a security. We may also use non-personal or aggregated information for statistical analysis, research, and other purposes. We may use cookies to: (1) allow them to use the Site without having to re-enter their user name and password; (2) enhance or personalize Site usage; (3) monitor Site usage; (4) manage the Site; and (5) improve the Site and our services. Relative to the number of outstanding shares of Microsoft, Whale Rock Capital Management owns more than approximately 0.1% of the company. Assessment of information security risks on an ongoing basis; Sometimes understanding the S-curve can help you time your exit as well. the total portfolio value. Whale Rock Capital Management LLC is an SEC Registered Investment Adviser based in Boston. King's County crash injures teen. You must not: These may be waived or reduced with respect to particular investors. Subway shed more stores ahead of potential $10 billion sale: document, Hollywood writers, studios stage last-minute talks as strike deadline looms. From 02/24/08 to 02/19/21, this strategy would have produced an annualized return (CAGR) of 18.7%, significantly more than the 10.7% CAGR of the S&P 500 ETF. All text and design is copyright 2020 WhaleWisdom.com. Bloomberg Terminal. 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. Restricting access to customer information to those required to have access to service customer needs. The total portfolio value may be much higher due to cash Sacerdote also invests in short positions within the Whale Rock portfolio. Whale Rock uses a, Of course, all current and potential clients should be aware that no investment strategy can guarantee against, Fees at Whale Rock include fees based on AUM, or assets under management, plus. The Whale Rock Capital Management office and employees reside in Boston, Massachusetts. A customer/relevant individual whose email address is used for such communications has the right to unsubscribe by emailing Whale Rock (see below) or by following the instructions in any such communication, e.g. All rights reserved. Long-time Wayfair insider bought $13.6M of W on the open market. Modify copies of any materials from this Site. Whale Rock Capital Management's largest holding is Netflix Inc with shares held of 899,506. There are no guarantees that working with an adviser will yield positive returns. They manage In addition, Whale Rock may, with consent if legally required under the European Data Privacy Rights, process personal information in order to communicate with the customers for marketing purposes. Over the last five years, the firm has returned an average 21 percent a year. That said, as an SEC-registered investment manager, the firm is legally obligated to uphold itsfiduciary dutyand work in clients best interests at all times. WebWhale Rock Capital Management LLC has disclosed 39 total holdings in their latest 13F filing with the SEC for the portfolio date of 2022-12-31. Alex Sacerdote also disclosed a decreased stake in MongoDB Inc by 0.6%. These procedures include: Designation of one or more individuals responsible for maintaining and monitoring the information security program; ? for WHALE ROCK CAPITAL MANAGEMENT LLC, Top 20 equal-weighted holdings. Where the European Data Privacy Laws apply, the relevant individual whose personal data is processed by Whale Rock has certain rights relating to their personal data in accordance with and subject to the European Data Privacy Laws including to: (i) check whether Whale Rock holds personal data about them and to access such personal data; (ii) request the correction of personal data that is inaccurate; (iii) have a copy of the personal data provided to another data controller (as defined under the European Data Privacy Laws) where technically feasible; (iv) request the erasure of the personal data; and (v) request the restriction of processing the personal data. WebAnd annual 13F returns of 30% since 2011. Everything in this blog is meant for educational and informational purposes only. 87990cbe856818d5eddac44c7b1cdeb8, Continue reading your article witha WSJ subscription, Already a subscriber? It appears the firm's short book lost significant money since its long-only public-private strategy was up just over 1% for the year, according to a source close to the firm. or to simply have an email sent to you whenever we receive a new Sacerdote is definitely not a household name, but deserves to be mentioned among the elite fund managers working today. That said, as an SEC-registered investment manager, the firm is legally obligated to uphold its, and work in clients best interests at all times. Whale Rock Capital Management Investment Philosophy. Last year, Whale Rock lost 19.2% in its public-only fund, but only fell 9% in its blended strategy, for example. (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. 70.6% of the portfolio companies Melvin Capital Management and Light Street Capital Management both lost 15% following double-digit losses in 2021, clients said. Backtest and clone investor portfolios. One-Time Checkup with a Financial Advisor, Council for Community and Economic Research. Alex Sacerdote of Whale Rock Capital Management At Insider Monkey we leave no stone unturned when looking for the next great investment idea. Electronic safeguards including firewalls for server database protection, passwords for computer login, and limited access to the computer room. Bloomberg Law. Gaurav Kapadia is off to an impressive start. On the other hand, small-cap stocks make up only 5.9% of the portfolio. 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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). 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. First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. From Whale Rocks ADV: We seek to identify technological, social and economic trends that generate significant product cycles and industry inflection points and then analyze the sub-sectors and/or companies with the most exposure (both positive and negative) to these trends. A full description of all fees, expenses and compensation will be included in detail in each set of offering materials or agreements. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. You can view its latestForm ADVon the official website of the Securities & Exchange Commission (SEC). The manager was one of several who found themselves down double-digits before 2022's first month was even over, owing to market volatility that hurt high-growth tech stocks. Any use of the Site not expressly permitted by these Terms is a breach of these Terms and may violate copyright, trademark, and other laws. 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 average market cap of the portfolio companies is close to $119 billion. The right to request that Whale Rock delete any personal information it has collected. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. Do not construe anything written in this post or this blog in its entirety as a recommendation, research, or an offer to buy or sell any securities. The Funds investment strategy includes using leverage in pursuit of additional return. Sacerdotes secret is identifying an emerging technology and determining where the technology is on its S-curve. From a Nov. 2018 interview with Graham and Doddsville: All technology adoption starts very slowly. The article said Gerstner wanted to build a Venture Capital Read more Their last reported 13F filing for Q4 2022 included $2,975,015,508 in managed 13F securities 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.. If you print, copy, modify, download, or otherwise use or provide any other person with access to any part of the Site in breach of the Terms, we may restrict your right to use the Site and you must, at our option, return or destroy any copies of the materials you have made.