Whale Rock Capital·Tech Concentrated

Alex Sacerdote / Whale Rock

AI 테크 전반에서 어느 세그먼트에 강하게 기울었는지 확인합니다.

반도체와 데이터센터 인프라 비중이 동시에 늘었습니다. AI 인프라 체인 안에서 더 물리적인 병목에 자본이 몰린 분기입니다.
13F Value
$9.87B
$730M
AI Exposure
66.4%
+8.1p
Filing
2026-05-15
Mock accession
실제 SEC 13F 캐시

Whale Rock Capital Management LLC · 2025-12-31 2026-03-31 · accession 0001172661-26-002159

13F Value
$7.74B
-$78M
Holdings
35
3
Unmapped CUSIP
15
raw rows 35

SEC Top 매수

NEW
007973100 ADVANCED ENERGY INDS
Shares +100.0%
$330M
NEW
MKSI MKS INC.
Shares +100.0%
$300M
NEW
LRCX LAM RESEARCH CORP
Shares +100.0%
$205M
NEW
M87915274 TOWER SEMICONDUCTOR LTD
Shares +100.0%
$187M
ADD
55405Y100 MACOM TECH SOLUTIONS HLDGS I
Shares +50.0%
$127M

SEC Top 매도

EXIT
816850101 SEMTECH CORP
Shares -100.0%
-$287M
TRIM
APP APPLOVIN CORP
Shares -14.0%
-$268M
EXIT
58733R102 MERCADOLIBRE INC
Shares -100.0%
-$198M
TRIM
60937P106 MONGODB INC
Shares -62.6%
-$197M
EXIT
G6683N103 NU HLDGS LTD
Shares -100.0%
-$180M

최근 4개 분기 변화

Q2 2025
Q3 2025
Q4 2025
Q1 2026

AI 세그먼트별 비중

Consumer AI14.2% · $131M
AI Networking8.1% · -$169M
Semiconductor Equipment6.5% · $505M
Data Center Infra5.5% · -$129M
Cloud Platform5.2% · -$30M
Foundry3.6% · $97M
AI Software3.6% · -$268M
AI Semiconductor3.4% · $40M
Power & Energy2.9% · $108M
Memory1.4% · $111M

전체 보유 종목 변화

TickerChangeShares NowShares PrevShares %Value NowValue ChangeWeightAI SegmentAIConvictionFreshness
미매핑
ADVANCED ENERGY INDS
NEW1,022,112N/A+100.0%$330M$330M4.3%Unmapped / Non-AI086신선도 보통
MKSI
MKS INC.
NEW1,306,724N/A+100.0%$300M$300M3.9%Semiconductor Equipment6282신선도 보통
미매핑
SEMTECH CORP
EXITN/A3,901,469-100.0%N/A-$287MN/AUnmapped / Non-AI079신선도 보통
미매핑
SANDISK CORP
TRIM799,5871,003,566-20.3%$508M$270M6.6%Unmapped / Non-AI059신선도 보통
APP
APPLOVIN CORP
TRIM695,537808,356-14.0%$277M-$268M3.6%AI Software6045신선도 보통
LRCX
LAM RESEARCH CORP
NEW957,877N/A+100.0%$205M$205M2.6%Semiconductor Equipment8267신선도 보통
미매핑
MERCADOLIBRE INC
EXITN/A98,175-100.0%N/A-$198MN/AUnmapped / Non-AI065신선도 보통
미매핑
MONGODB INC
TRIM224,648599,970-62.6%$55M-$197M0.7%Unmapped / Non-AI039신선도 보통
미매핑
TOWER SEMICONDUCTOR LTD
NEW1,066,737N/A+100.0%$187M$187M2.4%Unmapped / Non-AI064신선도 보통
미매핑
NU HLDGS LTD
EXITN/A10,755,918-100.0%N/A-$180MN/AUnmapped / Non-AI063신선도 보통
CVNA
CARVANA CO
TRIM877,5541,070,802-18.0%$276M-$176M3.6%Unmapped / Non-AI036신선도 보통
미매핑
ROBLOX CORP
TRIM3,532,1844,105,113-14.0%$200M-$133M2.6%Unmapped / Non-AI027신선도 보통
AVGO
BROADCOM INC
TRIM737,1421,031,732-28.6%$228M-$129M2.9%AI Networking9232신선도 보통
CLS
CELESTICA INC
TRIM1,518,2011,882,391-19.3%$428M-$129M5.5%Data Center Infra6640신선도 보통
미매핑
MACOM TECH SOLUTIONS HLDGS I
ADD1,174,991783,305+50.0%$261M$127M3.4%Unmapped / Non-AI039신선도 보통
CIEN
CIENA CORP
TRIM231,267893,483-74.1%$90M-$119M1.2%AI Networking6035신선도 보통
미매핑
VIAVI SOLUTIONS INC
NEW3,473,152N/A+100.0%$116M$116M1.5%Unmapped / Non-AI053신선도 보통
미매핑
IMPINJ INC
TRIM405,244887,272-54.3%$42M-$113M0.5%Unmapped / Non-AI027신선도 보통
WDC
WESTERN DIGITAL CORP
NEW412,006N/A+100.0%$111M$111M1.4%Memory5852신선도 보통
GOOGL
ALPHABET INC
ADD2,671,8212,100,923+27.2%$768M$111M9.9%Consumer AI8059신선도 보통
BE
BLOOM ENERGY CORP
ADD1,653,7881,339,623+23.5%$224M$108M2.9%Power & Energy5529신선도 보통
미매핑
DUOLINGO INC
TRIM471,764876,646-46.2%$47M-$107M0.6%Unmapped / Non-AI025신선도 보통
TSM
TAIWAN SEMICONDUCTOR MANUFAC
ADD819,445592,941+38.2%$277M$97M3.6%Foundry9034신선도 보통
GLW
CORNING INC
TRIM2,297,4242,669,780-13.9%$312M$79M4.0%AI Networking5428신선도 보통
ARM
ARM HOLDINGS PLC
NEW452,384N/A+100.0%$68M$68M0.9%AI Semiconductor7846신선도 보통
미매핑
HUBSPOT INC
EXITN/A149,246-100.0%N/A-$60MN/AUnmapped / Non-AI044신선도 보통
AMZN
AMAZON COM INC
TRIM1,819,4391,857,878-2.1%$379M-$50M4.9%Cloud Platform8325신선도 보통
미매핑
JFROG LTD
ADD6,019,7935,297,812+13.6%$283M-$48M3.6%Unmapped / Non-AI023신선도 보통
미매핑
SITIME CORP
TRIM576,933698,539-17.4%$199M-$47M2.6%Unmapped / Non-AI019신선도 보통
미매핑
TTM TECHNOLOGIES INC
TRIM3,514,5604,276,320-17.8%$342M$47M4.4%Unmapped / Non-AI027신선도 보통
미매핑
HEWLETT PACKARD ENTERPRISE C
EXITN/A1,908,017-100.0%N/A-$46MN/AUnmapped / Non-AI042신선도 보통
NVDA
NVIDIA CORPORATION
TRIM1,041,1281,201,695-13.4%$182M-$43M2.3%AI Semiconductor10017신선도 보통
미매핑
FABRINET
HOLD611,266616,047-0.8%$319M$38M4.1%Unmapped / Non-AI021신선도 보통
미매핑
OKTA INC
EXITN/A434,854-100.0%N/A-$38MN/AUnmapped / Non-AI041신선도 보통
미매핑
KLAVIYO INC
ADD6,825,2063,057,889+123.2%$133M$34M1.7%Unmapped / Non-AI035신선도 보통
미매핑
COHERENT CORP
TRIM975,0481,094,757-10.9%$232M$30M3.0%Unmapped / Non-AI018신선도 보통
AAPL
APPLE INC
NEW96,613N/A+100.0%$25M$25M0.3%Consumer AI5539신선도 보통
미매핑
WEALTHFRONT CORP
EXITN/A1,600,000-100.0%N/A-$22MN/AUnmapped / Non-AI038신선도 보통
MSFT
MICROSOFT CORP
NEW53,850N/A+100.0%$20M$20M0.3%Cloud Platform8638신선도 보통
META
META PLATFORMS INC
ADD512,569469,713+9.1%$293M-$17M3.8%Consumer AI7819신선도 보통
AMD
ADVANCED MICRO DEVICES INC
NEW69,211N/A+100.0%$14M$14M0.2%AI Semiconductor8437신선도 보통
NFLX
NETFLIX INC.
NEW131,960N/A+100.0%$13M$13M0.2%Consumer AI4637신선도 보통
미매핑
CHIME FINL INC
EXITN/A10,572-100.0%N/A-$266KN/AUnmapped / Non-AI035신선도 보통
해석 주의

대형 운용사는 여러 전략과 팀의 포지션이 합쳐질 수 있습니다. 특히 멀티전략/퀀트 펀드는 Conviction Score보다 flow/crowdedness 지표로 해석하는 편이 적절합니다.