WHALE ROCK CAPITAL MANAGEMENT LLC other names

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Adviser Profile

As of Date:

04/02/2024

Adviser Type:

- Large advisory firm


Number of Employees:

32 -5.88%

of those in investment advisory functions:

12 -7.69%


Registration:

SEC, Approved, 6/9/2010

AUM:

8,723,803,391 9.65%

of that, discretionary:

8,723,803,391 9.65%

GAV:

8,723,803,391 9.64%

Avg Account Size:

545,237,712 -4.06%


SMA’s:

NO

Private Funds:

7 1

Contact Info

617 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
25B 21B 18B 14B 11B 7B 4B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Inside the Big January for Light Street and Other Tiger Cubs
02/12/2024

The S&P 500 returned 1.6% in January, but managers such as Chase Coleman's Tiger Global — up 3.2% in its hedge fund — and Alex Sacerdote's Whale Rock ...

businessinsider.com

Hedge Fund and Insider Trading News: Seth Klarman, Stanley Druckenmiller, David Tepper, Ken Griffin, David Einhorn, Elliott Management, CQS Cayman LP, Qualcomm Inc (QCOM), TXO Partners LP (TXO), and More
11/15/2023

TCI, Whale Rock and Other Hedge Funds Made Major Moves in the Third-Quarter (Institutional Investor) David Tepper’s Hedge Fund Shows Strategic Shift with New Stock Holdings (Opp.Today) Druckenmiller, Soros Cut Stakes in Nvidia After Share Surge (Money Control) Billionaire Citadel Boss Ken Griffin Sees Miami Taking Over NYC as US Finance Capital (New York Post) […]

Insider Monkey

TCI, Whale Rock and Other Hedge Funds Made Major Moves in the Third-Quarter
11/15/2023

... funds in the second quarter, held by at least 409 firms, according to SEI Novus. No other prominent hedge fund firm appears to have liquidated its ...

institutionalinvestor.com


Private Funds Structure

Fund Type Count GAV
Hedge Fund 7 $8,723,803,391

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Private Funds



Employees




Top Holdings

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443573100 HUBSPOT INC $243,605,034 4.00% 0.00% -15.00%
007903107 ADVANCED MICRO DEVICES INC $206,140,060 4.00%
26603R106 DUOLINGO INC $233,562,492 4.00% 30.00% -5.00%
M7S64H106 MONDAY COM LTD $196,664,678 4.00%

Brochure Summary

Overview

Description of the Advisory Firm Whale Rock Capital Management LLC (“Whale Rock,” the “Firm” or “We”) is a Delaware limited liability company formed in March of 2006 primarily for the purpose of sponsoring and managing pooled investment vehicles. Alexander Sacerdote is the founder, principal owner, and managing member of Whale Rock and is currently the Chief Executive Officer. We sponsor and manage pooled investment vehicles (each referred to herein as a “Fund” and collectively as the “Funds”) including: 1. The Flagship Funds include (i) Whale Rock Flagship Fund LP and Whale Rock Flagship Fund Ltd., which are feeder funds into Whale Rock Flagship Master Fund, LP and (ii) Whale Rock Flagship (AI) Fund LP (collectively the “Flagship Funds”). Whale Rock Flagship Fund LP (the “U.S. Flagship Fund”) was organized as a Delaware limited partnership in April 2006 and commenced investment operations in May 2006. Whale Rock Flagship Fund Ltd. (the “Offshore Flagship Fund”) is a Cayman Islands exempted company and commenced investment operations in July 2006. Whale Rock Flagship Master Fund, LP (the “Flagship Master Fund”) is a Cayman Islands limited partnership that commenced operations in January 2014. Whale Rock Flagship (AI) Fund LP (the “AI Fund”) was organized as a Delaware limited partnership in April 2006 and commenced investment operations in June 2006. 2. The Long Opportunities Funds include (i) Whale Rock Long Opportunities Fund LP and Whale Rock Long Opportunities Fund Ltd., which are feeder funds into Whale Rock Long Opportunities Master Fund, LP and (ii) Whale Rock Long Opportunities Fund II LP (collectively the “Long Opportunities Funds”). Whale Rock Long Opportunities Fund LP was organized as Delaware limited Funds in June 2019 (the “U.S. Long Opportunities Fund”) and commenced investment operations in January 2020. Whale Rock Long Opportunities Fund Ltd. is a Cayman Islands exempted company (the “Offshore Long Opportunities Fund”) and commenced investment operation January 2020. Whale Rock Long Opportunities Master Fund, LP (the “Long Opportunities Master Fund”) is a Cayman Islands limited partnership that commenced investment operations in January 2020. Whale Rock Long Opportunities Fund II LP was organized as Delaware limited in October 2019 (the “U.S. Long Opportunities Fund II”) and commenced investment operations in January 2020. 3. The Hybrid Funds include (i) Whale Rock Hybrid Fund LP and Whale Rock Hybrid Fund Ltd, which are feeder funds into Whale Rock Hybrid Master Fund, LP (“Hybrid Fund I”) and (ii) Whale Rock Hybrid Fund II LP and Whale Rock Hybrid Fund II Ltd., which are feeder funds into Whale
Rock Hybrid Master Fund II, LP (“Hybrid Fund II”, and collectively with Hybrid Fund I, the “Hybrid Funds”). Whale Rock Hybrid Fund LP (the “U.S. Hybrid Fund I”) was organized as a Delaware limited partnership in November 2020 and commenced operations in April 2021. The Whale Rock Hybrid Fund Ltd. (the “Offshore Hybrid Fund I”) was organized as a Cayman Islands exempted company and commenced operations in April 2021. Whale Rock Hybrid Master Fund, LP (the “Hybrid Master Fund I”) is a Cayman Islands limited partnership that commenced operations in April 2021. Whale Rock Hybrid Fund II LP (the “U.S. Hybrid Fund II”) was organized as a Delaware limited in January 2021 and commenced operations in April 2021. The Whale Rock Hybrid Fund II Ltd. (the “Offshore Hybrid Fund II”) was organized as a Cayman Islands exempted company and commenced operations in April 2021. Whale Rock Hybrid Master Fund, LP (the “Hybrid Master Fund II”) is a Cayman Islands limited that commenced operations in April 2021. Affiliated entities serve as the general partners of the U.S. feeder funds and their master funds as discussed in Item 10. The Funds offer interests (“Interests”) to certain qualified investors, as described in response to Item 7, below; such shareholders and limited partners are referred to herein as “Investors”. Description of Advisory Services We serve as the investment manager to the Funds pursuant to separate investment management agreements between each Fund and Whale Rock. The investment objective of the Funds is to provide consistently superior, risk adjusted returns. Whale Rock utilizes a fundamental, research driven approach and a disciplined investment process, and it believes that its experience and insight in these sectors provides an advantage to the Funds. Whale Rock utilizes an “S-Curve” based investment process in seeking to isolate the best aspects of investments in the global technology, media and telecommunication (“TMT”) sectors. The Funds seek to achieve their objective primarily by investing in both public and private equity securities and related instruments with a focus on issuers in the global TMT sectors. All of the Funds also have the flexibility to invest in other types of securities and in other sectors. Client Tailored Services and Client Imposed Restrictions We do not tailor portfolio management services to the individual needs of Investors in the Funds. Assets Under Management As of December 31, 2022, Whale Rock had regulatory assets under management on a discretionary basis of $7,956,104,945.00. Whale Rock does not manage any client assets on a non-discretionary basis.