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. All rights reserved. First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. WebWhale Rock Capital Management LLC The Company offers portfolio management, fundamental research, strategies, investment advisory, consulting, and financial planning The fund focuses on investments in the United States as or to simply have an email sent to you whenever we receive a new 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. 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[2]: 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. the MV of securities sold, whichever is less, This will schedule a job to export all requested 13f holdings data for this filer. It currently manages a total of eight pooled investment vehicles , six of which are hedge funds . This Privacy Policy also addresses how Whale Rock complies with Massachusetts and California data security and consumer privacy regulations. Note that browser-management tools for cookies are outside of our control and we cannot guarantee their effectiveness. Over the last five years, the firm has returned an average 21 percent a year. Hedge fund Whale Rock stops taking in new money amid strong Users are expected to check this page each time you access this Site so you are aware of any changes, as they are binding. 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. Find 13F, 13D, insider transactions and more. 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. WebThe regulations of the Commodity Futures Trading Commission require that prospective clients of a CTA receive a disclosure document at or prior to the time an advisory The firm analyzes relevant information to understand the long-term valuation implications before the market even does. The current portfolio value is 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. The $13 billion firm's blended public-private fund fell 8% last month to bring its 2021 losses to 9%. Performance numbers calculated through 2022-05-16 Performance Metrics Whale S&P 500 Total Return Index 2021-5 2021-8 2021-12 2022-4 2022-8 2022-12 -40% -30% -20% -10% 0% 10% 20% 30% Backtester 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. Striking PSAC workers rally in Halifax. the total portfolio value. Tiger Global, headed by longtime industry darling Chase Coleman, fell particularly hard, posting a shocking 34% drop for the first quarter. 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. 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). 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. This article expresses my own opinions, and I am not receiving compensation for it (other than from WhaleWisdom). Alex Sacerdote also disclosed a decreased stake in MongoDB Inc by 0.6%. Collect data through automated means, such as through scrapers, spiders, robots, or other harvesting programs (collectively referred to as Auto Data Collection). 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. 44% of the total holdings value. When California residents exercise these rights and submit a request, Whale Rock will verify their identity by asking them for their email address, telephone number, and/or information about their account with Whale Rock. OriginalWhaleScore The firm currently employs14 advisors. 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: 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. If you have any questions about this Privacy Notice or to request a copy of this Privacy Notice in another format, call (617) 502-9909 or email james@whalerockcapital.com. NEITHER THE COMPANY NOR ANY PERSON ASSOCIATED WITH THE COMPANY MAKES ANY WARRANTY OR REPRESENTATION WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, QUALITY, ACCURACY, OR AVAILABILITY OF THE WEBSITE. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). For the twelve (12) month-long period prior to the date of this Privacy Notice, Whale Rock has not sold any personal information about its customers; nor does it have any plans to do so in the future. Your computer may temporarily store copies of such materials in RAM incidental to your accessing and viewing those materials. Restricting access to customer information to those required to have access to service customer needs. 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 funds secret? All changes are effective immediately when we post them and apply to all access to and use of the Website thereafter. The Long Opportunities Funds investment minimum is $5 million. Take a look at. Its larger hybrid strategy, which also invests in start-ups, fell nearly 22% in the quarter. Monolithic Pwr Sys Inc and bought 729,061 shares worth $280 million. Fees at Whale Rock include fees based on AUM, or assets under management, plusperformance-based fees. Access to the Site may not be legal by certain persons or in certain countries. You must have a subscription to view WhaleScore histories. Earlier this month, John Griffin told clients he was shuttering his $6 billion Blue Ridge Capital after 21 years and John Burbank said he would shutter the flagship fund at his firm Passport Capital. Whale Rock Capital Management LLC is an investment management firm with more than $15billion in assets under management (AUM). To continue reading, subscribe now to Premium Journalism. From time to time, Whale Rock may restrict access to some parts of the Site, or the entire Site, to Users. Whale Rock Capitals returns have been extraordinary. Nothing in the public portion of the Site constitutes advice regarding, or a recommendation of, the purchase or sale of a security. Whale Rock Capital $13 billion Whale Rock lost more than 25% for the quarter in its public-only portfolio. Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research, Whale Rock Capital Management LLC is an investment management firm with more than $15billion in assets under management (AUM). You are responsible for implementing sufficient procedures and checkpoints to satisfy your particular requirements for anti-virus protection and accuracy of data input and output, and for maintaining a means external to our Site for any reconstruction of any lost data. Bloomberg Law. Whale Rock Capital Management Portfolio | Alex Sacerdote 13F Relative to the number of outstanding shares of Microsoft, Whale Rock Capital Management owns more than approximately 0.1% of the company. 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The right to request that Whale Rock delete any personal information it has collected. BOSTON, MA 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. To submit a request to know, California residents may call Whale Rock at 617-502-9900 or visit www.whalerockcapital.com. We may also use web beacons on the Site and in our emails. Alex Sacerdotes Sacerdote stopped accepting new capital in December of 2017, Nov. 2018 interview with Graham and Doddsville. 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. Please note that Whale Rock is only required to honor such requests twice in a twelve (12) month-long period. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. 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. S-P Privacy Notice, available at: www.whalerockcapital.com. 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. 13F Filings 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 Best large hedge funds to clone?WhaleRock, SCGE and Dragoneer lead the pack. 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. Last year, Whale Rock lost 19.2% in its public-only fund, but only fell 9% in its blended strategy, for example. Microsoft dropped approximately 0.1% in the past year. Whale Rock's overall strategyseeks to identify technological, social and economic trends that are advantageous to the investment process. Alex Sacerdote of Whale Rock Capital Management At Insider Monkey we leave no stone unturned when looking for the next great investment idea. You are able to understand how fast units might grow over a three to five year period. CelLink Announces $250M in Series D Funding to Support One-Time Checkup with a Financial Advisor, Council for Community and Economic Research. To exercise any of these rights, customers should send the request to the email below. Whale Rock Capital Management: Employee Directory This leaves the value of the investment at $131 million and 504,292 shares. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. The use of such terms and logos and marks without the express written consent of Whale Rock is strictly prohibited. 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. 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.