SEC 13F Intelligence

Managers / Q1 2023 · view latest →

WESTERLY CAPITAL MANAGEMENT, LLC

CIK 0001546172 · 201 MISSION STREET, SUITE 580, SAN FRANCISCO, CA, 94105 · 415-547-9000

Reported Value
$140M
Q1 2023
Positions
47
Filings on Record
18
2019–present window
Filed
May 15, 2023
original filing

Summary

Westerly Capital Management, LLC reported $140M in U.S.-listed holdings across 47 positions for Q1 2023.

Its largest position, GWRE, represents 6.5% of the portfolio.

Compared with Q4 2022, the fund opened 12 new positions and exited 9.

Portfolio Metrics

Turnover
+23.2%
vs prior filed quarter
Top-10 Concentration
+48.6%
share of reported value
Largest Position
+6.5%
Guidewire Software
New / Exited
12 / 9
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’21: $152MQ4 ’21Q1 ’22: $135MQ2 ’22: $123MQ3 ’22: $112MQ3 ’22Q4 ’22: $127MQ1 ’23: $140MQ2 ’23: $190MQ2 ’23Q3 ’23: $142MQ4 ’23: $202MQ1 ’24: $264MQ1 ’24Q2 ’24: $201MQ3 ’24: $178MQ4 ’24: $217MQ4 ’24Q1 ’25: $231MQ2 ’25: $270MQ3 ’25: $319MQ3 ’25Q4 ’25: $455MQ1 ’26: $368Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 90.1%Other: 8.1%ADR: 1.8%
  • Common Stock · 90.1% · $126M
  • Other · 8.1% · $11M
  • ADR · 1.8% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ASANASANA INCNEW+400.0K400.0K+$8M$8M
GOOGALPHABET INCNEW+40.0K40.0K+$4M$4M
MRVLMARVELL TECHNOLOGY INCNEW+60.0K60.0K+$3M$3M
GTLBGITLAB INCNEW+75.0K75.0K+$3M$3M
ASMLFASML HOLDING NV-NY REGNEW+3.5K3.5K+$2M$2M
ENVXENOVIX CORPNEW+80.0K80.0K+$1M$1M
AMZNCALL AMZN 110 05/19/23NEW+2.0K2.0K+$674,000$674,000
AXTIAXT INCNEW+95.0K95.0K+$378,100$378,100

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2023

43 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GWREGUIDEWIRE SOFTWARE INChistory →COM6.46%$9M110.0K
2ANGI INCCOM6.21%$9M3.82M
3ASANASANA INChistory →CL A6.05%$8M400.0K
4BLKBBLACKBAUD INChistory →COM5.71%$8M115.0K
5HHSHARTE-HANKS INChistory →COM4.83%$7M716.5K
6COMSCORE INCCOM4.21%$6M4.78M
7COGNYTE SOFTWARE LTD -W/IORD SHS4.14%$6M1.71M
8METAMETA PLATFORMS INChistory →CL A3.79%$5M25.0K
9RNGRINGCENTRAL INChistory →CL A3.62%$5M165.0K
10GENIGENIUS SPORTS LTDhistory →CL A3.57%$5M1.00M
11HIPOHIPPO HOLDINGS INChistory →COM CL A3.37%$5M290.0K
12PPLIIAC INChistory →COM3.33%$5M90.0K
13VIMEO INC-WHEN ISSUEDCOM3.22%$5M1.18M
14GOOGALPHABET INChistory →CAP STK CL C2.98%$4M40.0K
15INTEVAC INCCOM2.89%$4M550.0K
16INTCINTEL CORPhistory →COM2.69%$4M115.0K
17XPERXPERI INC-W/Ihistory →COM2.39%$3M305.0K
18FAROFARO TECHNOLOGIES INChistory →COM2.29%$3M130.0K
19MWAMUELLER WATER PRODUCTS INChistory →COM2.10%$3M210.0K
20NXDRNEXTDOOR HOLDINGS INC-Ahistory →COM CL A2.00%$3M1.30M
21MTRXMATRIX SERVICE COhistory →COM SER A1.97%$3M510.0K
22NWPXNORTHWEST PIPE COMPANYhistory →COM1.90%$3M85.0K
23MRVLMARVELL TECHNOLOGY INChistory →COM1.86%$3M60.0K
24GTLBGITLAB INChistory →CL A1.84%$3M75.0K
25UBSFYUBISOFT ENTERTAIN-UNSPONhistory →ADR1.79%$2M475.0K
26ZUORA INCCL A1.77%$2M250.0K
27ASMLFASML HOLDING NV-NY REGhistory →SHS1.71%$2M3.5K
28EVERBRIDGE INCCOM1.49%$2M60.0K
29WDAYWORKDAY INC-history →CL A1.48%$2M10.0K
30HDSNHUDSON TECHNOLOGIES INChistory →COM1.25%$2M200.0K
31ACTGACACIA RESH CORPhistory →ACACIA TCH COM1.24%$2M450.0K
32ENVXENOVIX CORPCOM CL A0.85%$1M80.0K
33RBBNRIBBON COMMUNICATIONS INCCOM0.73%$1M300.0K
34CASA SYSTEMS INCCOM0.73%$1M800.0K
35CERAGON NETWORKS LTDORD0.54%$751,500450.0K
36MATTERPORT INCCOM CL A0.49%$682,500250.0K
37AIPARTERIS INCCOM0.48%$676,800160.0K
38VERANO HOLDINGS CORPCOM0.31%$438,000150.0K
39CRLBFCRESCO LABS INC-SUBORDINATECOM0.29%$402,715259.8K
40AXTIAXT INCCOM0.27%$378,10095.0K
41CEPTON INC -ACOM CL A0.22%$313,470675.0K
42GTBIFGREEN THUMB INDUSTRIES INCCOM0.22%$307,35240.0K
43CURALEAF HOLDINGS INCCOM0.15%$210,75075.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$368M37May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$455M41Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$319M44Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$270M42Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$231M38May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$217M44Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$178M41Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$201M41Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$264M48May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$202M58Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$142M43Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$190M50Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$140M47May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$127M44Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$112M41Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$123M45Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$135M42May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$152M45Feb 14, 202213F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.