Investors react to every move they make. Nothing on the public portion of the Site is an offer to sell securities or a solicitation of an offer to buy securities. A spokesman for the firm declined to comment. Change in Shares. If you buy a book after clicking on one of the above links, I may received an affiliate fee. Striking PSAC workers rally in Halifax. The firm currently employs14 advisors. All text and design is copyright 2020 WhaleWisdom.com. The largest investments include Microsoft and Monolithic Pwr Sys Inc, together worth $650 million. You can view its latest. Previously, Dan was an Associate at Harvard Business Sc hool and also held positions at Citadel, Sirios Capital Management, Bessemer Venture Partners, Monitor Clipper Partners. An equal-weighted portfolio of Whale Rocks top ten long 13F positions, rebalanced quarterly, has averaged Download 13F Summary Since inception in 2006, Whale Rock has invested globally with a focus on the A full description of all fees, expenses and compensation will be included in detail in each set of offering materials or agreements. The firm's hybrid strategy which holds the bulk of the firm's assets did not perform as badly, though it still fell 21.9% in the first quarter after losing 5.4% in March. There are currently 34 companies in Mr. Sacerdotes portfolio. This includes: If you're happy with cookies click proceed. However, if youre an investor looking to invest with Whale Rock Capital, forget about it Sacerdote stopped accepting new capital in December of 2017, capping the fund at $2.5 billion. to see more advanced email alert options such as selecting any type of Whale Rock will exercise appropriate due diligence in the selection of its third-party service providers, and require that such providers maintain adequate technical and organizational security measures to safeguard personal information, and to process personal information only as instructed by Whale Rock or a member of the Whale Rocks group of affiliates. Whale Rock Capital Management LLC is a limited liability company formed in March 2006. THE WEBSITE, ITS CONTENT, AND ANY SERVICES OR ITEMS OBTAINED THROUGH THE WEBSITE ARE PROVIDED ON AN AS IS AND AS AVAILABLE BASIS, WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. Encryption of backup tapes and emails backup tapes and emails containing personal information are encrypted on a prospective basis if it is technically feasible; Whale Rocks top investments, according to a regulatory filing, include Canadian e-commerce company Shopify and Chinese e-commerce company Alibaba Group Holding Ltd. 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. But that strategy may hurt them this year, as many privately held tech companies have struggled. 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.. for a sense of how much a particular investment might be worth as well as its growth over time. If any customers have any questions or wish to raise any concerns, they can contact Whale Rock or raise a concern with the relevant supervisory authority in their country of residence in accordance with the European Data Privacy Laws (as applicable). 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. 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. Whale Rock Capital Management corporate office is located in Two International Place Fl 24, Boston, Massachusetts, 02110, United States and has 44 employees. Tiger Global Management and Whale Rock Capital Management were among stock-picking hedge funds to report September losses as equity markets tumbled. Whale Rock lost 9% in 2021 in its blended public-private fund, documents show. 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. Its primary purpose is to sponsor and manage pooled investment vehicles. In addition, the fund holds 729,061 shares of Monolithic Pwr Sys Inc worth $280 million. 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. When we do, we will post the change(s) on our Site. https://www.linkedin.com/company/whale-rock-capital-management-llc/, View Last Form Adv Compilation Report on Record, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, % of top 20 holdings the same as top 20 most commonly held by all managers. Indices. I or my associates may hold positions in the stocks discussed. 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. Whale Rock Capital Management LLC is an investment management firm with more than $15billion in assets under management (AUM). This content is from: It can be held back for a variety of reasons: high price, complex products, lack of an ecosystem. Here are the 10 most popular hedge fund managers in WhaleWisdom. GENERAL PARTNER PETER M SACERDOTE INVESTMENT PARTNERS, L.P. WHALE ROCK LONG OPPORTUNITES MASTER FUND, LP. 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. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Still there is a back door way to profit from Sacerdotes prescient moves follow the quarterly 13F filings of Whale Rock. The $13 billion firm's blended public-private fund fell 8% last month to bring its 2021 losses to 9%. Users continued use of the Site following the posting of revised Terms means that you accept and agree to the changes. BOSTON, Dec 20 (Reuters) - 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 person familiar with the hedge fund's decision said. Your European Privacy Rights: Note that browser-management tools for cookies are outside of our control and we cannot guarantee their effectiveness. Whale Rock, which lost long-time partner Dan Ramirez to Citadel's Ashler unit earlier this year, has continued to invest in start-ups this year. Massive late-stage companies like Stripe and Instacart have been devalued by other investors and, in Instacart's case, the company's own management team. Bloomberg Law. 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. When it comes to creating wealth by investing in TMT, Whale Rock Capitals returns are in a league of their own. The genius behind Whale Rock is Alexander Sacerdote, the companys founder, principal owner and portfolio manager. Is a crash imminent? Again, it's important to understand that hedge funds are often complex, loosely regulated investments and therefore accessible only toaccredited investors. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. 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. Monolithic Pwr Sys Inc and bought 729,061 shares worth $280 million. Microsoft dropped approximately 0.1% in the past year. Investment Advisor TO THE FULLEST EXTENT PROVIDED BY LAW, THE COMPANY HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT, AND FITNESS FOR PARTICULAR PURPOSE. WebWhale Rock Capital Management LLC is an SEC Registered Investment Adviser based in Boston. Nothing in the public portion of the Site constitutes advice regarding, or a recommendation of, the purchase or sale of a security. Over the last five years, the firm has returned an average 21 percent a year. Some of Whale Rock's largest holdings have lost money this year, including big drops in Shopify and Facebook parent company Meta, a regulatory filing from the end of 2021 showed. Subscribe to WhaleWisdom to view all filing data 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. The flagship at $9 billion Whale Rock, which focuses on technology, media and telecommunications, jumped 6.2%, extending this years returns to 47%. The Boston-based manager lost more than 25% for the period in its public-only portfolio, according to an investor update seen by Insider, including a 6.2% dip in March alone. SAN CARLOS, Calif. (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. In addition to connecting you withexpert advisors, SmartAsset also has various tools to help you get a snapshot of the numbers right now. 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. If you are an accredited investor and wish to become a client of Whale Rock Capital Management, you can. Sacerdote also invests in short positions within the Whale Rock portfolio. 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). WebAnd annual 13F returns of 30% since 2011. BOSTON, Dec 20 (Reuters) - 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 person familiar with the hedge funds decision said. By using the Site, you accept and agree to be bound by the Terms. Whale Rock Capital Management LLC is an investment management firm with more than $15 billion in assets under management (AUM). Stock markets .css-1h1us5y-StyledLink{color:var(--interactive-text-color);-webkit-text-decoration:underline;text-decoration:underline;}.css-1h1us5y-StyledLink:hover{-webkit-text-decoration:none;text-decoration:none;}selloff in January dealt double-digit losses to a range of hedge funds investing in technology and other fast-growing companies, sparking questions about whether a popular and lucrative strategy for these firms is running out of steam. This page contains links to SmartAssets financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals. Whale Rock Capital Management's largest holding is Netflix Inc with shares held of 899,506. These may be waived or reduced with respect to particular investors. The inflection point not only creates incredible unit growth, but it also reduces risk because one of the biggest drivers of tech company failures is faltering demand or demand well below expectations. The right to request that Whale Rock delete any personal information it has collected. In analyzing the S-curve, its important to assess both the slope of the curve as well as the height of the curve., Understanding where a technology sits along the S- curve and if you are nearing that inflection point is powerful. In this event, Whale Rock may provide additional information that it believes may be of interest, including about services, news updates, research or market commentary, conferences, or events offered by or in conjunction with Whale Rock. Sharing of personal information: our Subscriber Agreement and by copyright law. The Whale Rock Capital Management office and employees reside in Boston, Massachusetts. The funds secret? YOUR USE OF THE WEBSITE, ITS CONTENT, AND ANY SERVICES OR ITEMS OBTAINED THROUGH THE WEBSITE IS AT YOUR OWN RISK. Largest Hedge Funds Managed byWhale Rock Capital Management, Whale Rock Long Opportunities Master Fund, LP. Ownership History. When completed, an email will be sent to the email address you specify Whale Rock reserves the right to withdraw or amend this Site, and any service or material we provide on the Site, in our sole discretion without notice. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Only includes UK, France, Germany, Japan, and HKEX are presently being processed. (Reporting by Svea Herbst-Bayliss; Editing by Bernadette Baum). Growth to continue post-pandemic? increase in value). All investing involves risk, including loss of principal. Like many tech-focused investors, Whale Rock has pumped money into private company stock over the last year, which helped its blended fund avoid the same losses as its public-only portfolio. The Site and its entire contents, features, and functionality (including but not limited to all information, software, text, displays, images, video, and audio, and the design, selection, and arrangement thereof), are owned by Whale Rock, its licensors, or other providers of such material and are protected by United States and international copyright, trademark, patent, trade secret, and other intellectual property or proprietary rights laws. Growth Hedge Funds Suffer Worst Rout in Years. Whale Rock Capital Management LLC is an SEC Registered Investment Adviser based in Boston. The Funds investment strategy includes using leverage in pursuit of additional return. Performance To learn how Google Analytics collects and processes data, please visit: How Google uses data when you use our partners sites or apps located at www.google.com/policies/privacy/partners. Whalewisdom has at least 70 13F filings, 1 13D filings, 49 13G filings, and 2 Form 4 filings. Bloomberg Tax. The founder, principal owner and managing member ofWhale Rock is Alexander Sacerdote, who is also its current CEO. Such investors differ from retail investors orindividual investors, who might be taking a more DIY approachorenlisting the services of a financial advisor. We seek to analyze the relevant information to understand the longer-term valuation implications before the broader market does. Whale Rock Capitals returns have been extraordinary. 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 King's County crash injures teen. You can view its latestForm ADVon the official website of the Securities & Exchange Commission (SEC). We may also use non-personal or aggregated information for statistical analysis, research, and other purposes. WITHOUT LIMITING THE FOREGOING, NEITHER WHALE ROCK NOR ANYONE ASSOCIATED WITH THE COMPANY REPRESENTS OR WARRANTS THAT THE WEBSITE, ITS CONTENT, OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE WEBSITE WILL BE ACCURATE, RELIABLE, ERROR-FREE, OR UNINTERRUPTED, THAT DEFECTS WILL BE CORRECTED, THAT OUR SITE OR THE SERVER THAT MAKES IT AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS, OR THAT THE WEBSITE OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE WEBSITE WILL OTHERWISE MEET YOUR NEEDS OR EXPECTATIONS. These terms permit you to use the Site for your personal or internal business use only. 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. Best large hedge funds to clone?WhaleRock, SCGE and Dragoneer lead the pack. Fees at Whale Rock include fees based on AUM, or assets under management, plusperformance-based fees. 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. We may also use web beacons on the Site and in our emails. Average Retirement Savings: How Do You Compare? Also, scroll over any city to learn about the cost of living in retirement for that location. Of course, all current and potential clients should be aware that no investment strategy can guarantee againstriskof loss. 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