Whale Rock dives into Google, Coupang, sheds Salesforce, Marvell, others in Q2
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Contributor since / Followers
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1 month ago
Hispanolistic
- Whale Rock Capital Management took new stakes in Alphabet class A shares (NASDAQ:GOOGL) with 2.97M shares, Coupang (NYSE:CPNG) with ~8.55M shares, and Broadcom (NASDAQ:AVGO) with ~160K shares during Q2, according to its 13F filing submitted on Wednesday.
- The firm exited holdings in Salesforce (NYSE:CRM), Marvell Technology (NASDAQ:MRVL), and Expedia (NASDAQ:EXPE), among others.
- Among stakes that were increased: Nvidia (NASDAQ:NVDA) to 4.87M shares from ~822K, Celestica (NYSE:CLS) to 7.49M shares from 3.77M, and Toast (NYSE:TOST) to 7.86M shares from ~7.19M.
- The hedge fund reduced its holdings in Amazon (NASDAQ:AMZN) to 2.43M shares from ~3.64M, in Meta Platforms (NASDAQ:META) to ~839K shares from ~1.29M, in Microsoft (NASDAQ:MSFT) to ~1.09M shares from ~1.27M, and Nu Holdings (NYSE:NU) to 24.4M shares from 25.0M, according to the filing.