SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Whetstone Capital Advisors, LLC

CIK 0001607278 · 2001 SHAWNEE MISSION PARKWAY, SHAWNEE MISSION, KS, 66205 · 913-951-2700

Reported Value
$155M
Q1 2023
Positions
38
Filings on Record
30
2019–present window
Filed
May 15, 2023
original filing

Summary

Whetstone Capital Advisors, LLC reported $155M in U.S.-listed holdings across 38 positions for Q1 2023.

Its largest position, NET, represents 11.7% of the portfolio.

Compared with Q4 2022, the fund opened 8 new positions and exited 2.

Portfolio Metrics

Turnover
+7.3%
vs prior filed quarter
Top-10 Concentration
+67.7%
share of reported value
Largest Position
+11.7%
Cloudflare
New / Exited
8 / 2
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 ’18: $173MQ4 ’18Q1 ’19: $247MQ2 ’19: $324MQ3 ’19: $372MQ4 ’19: $326MQ4 ’19Q1 ’20: $291MQ2 ’20: $475MQ3 ’20: $540MQ4 ’20: $484MQ4 ’20Q1 ’21: $474MQ2 ’21: $538MQ3 ’21: $572MQ4 ’21: $488MQ4 ’21Q1 ’22: $296MQ2 ’22: $171MQ3 ’22: $162MQ1 ’23: $155MQ1 ’23Q2 ’23: $179MQ3 ’23: $181MQ4 ’23: $199MQ1 ’24: $228MQ1 ’24Q2 ’24: $215MQ3 ’24: $208MQ4 ’24: $310MQ1 ’25: $226MQ1 ’25Q3 ’25: $361MQ4 ’25: $321MQ1 ’26: $288Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 96.7%Other: 3.3%
  • Common Stock · 96.7% · $150M
  • Other · 3.3% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MNDYMonday.Com LtdNEW+94.3K94.3K+$13M$13M
BILLBILL Holdings IncNEW+26.7K26.7K+$2M$2M
DAVEDave IncNEW+320.8K320.8K+$2M$2M
TrueCar IncNEW+259.9K259.9K+$598,000$598,000
WEAVWeave Communications IncNEW+113.7K113.7K+$565,000$565,000
MQMarqeta IncNEW+120.0K120.0K+$548,000$548,000
TEADOutbrain IncNEW+102.7K102.7K+$424,000$424,000
THRYThryv Holdings IncNEW+16.6K16.6K+$382,000$382,000

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

Holdings — Q1 2023

37 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NETCloudflare Inchistory →CL A COM11.66%$18M293.4K
2GOOGAlphabet IncCAP STK CL C · CAP STK CL A9.80%$15M146.2K
3MNDYMonday.Com Ltdhistory →SHS8.68%$13M94.3K
4AMZNAmazon.com Inchistory →COM7.36%$11M110.5K
5PROPros Holdings Inchistory →COM6.48%$10M367.2K
6Confluent IncCLASS A COM5.47%$8M352.8K
7ASANAsana Inchistory →CL A5.37%$8M394.0K
8DDOGDatadog Inchistory →CL A COM4.45%$7M95.1K
9HUBSHubSpot Inchistory →COM4.33%$7M15.7K
10GTLBGitLab Inchistory →CLASS A COM4.08%$6M184.6K
11OKTAOkta Inchistory →CL A3.75%$6M67.5K
12BLZEBackblaze Inchistory →COM CL A3.46%$5M1.06M
13DOMODomo Inchistory →COM CL B3.28%$5M358.0K
14SSentinelOne Inchistory →CL A3.18%$5M301.6K
15Smartsheet IncCOM CL A3.05%$5M99.1K
16ESTCElastic NVhistory →ORD SHS2.53%$4M67.8K
17SEMrush Holdings IncCL A COM1.99%$3M307.0K
18BILLBILL Holdings Inchistory →COM1.40%$2M26.7K
19DAVEDave Inchistory →CLASS A COM NEW1.25%$2M320.8K
20Doma Holdings IncCOMMON STOCK1.16%$2M4.41M
21Innovid CorpCOMMON STOCK0.71%$1M786.2K
22Vimeo IncCOMMON STOCK0.62%$960,000250.7K
23CXMSprinklr IncCL A0.58%$901,00069.5K
24AdTheorent Holding Company IncCOM0.58%$893,000528.2K
25NXDRNextdoor Holdings IncCOM CL A0.52%$803,000373.5K
26PRCHPorch Group IncCOM0.51%$790,000552.6K
27AcuityAds Holdings IncCOM0.42%$656,000412.6K
28Zenvia IncCLASS A COM0.41%$641,000640.7K
29TrueCar IncCOM0.39%$598,000259.9K
30WEAVWeave Communications IncCOM0.36%$565,000113.7K
31DSPViant Technology IncCOM CL A0.36%$564,000129.8K
32MQMarqeta IncCLASS A COM0.35%$548,000120.0K
33LAWCS Disco IncCOM0.35%$541,00081.4K
34ONTFON24 IncCOM0.31%$483,00055.1K
35TEADOutbrain IncCOM0.27%$424,000102.7K
36TBLATaboola.com LtdORD SHS0.27%$419,000154.2K
37THRYThryv Holdings IncCOM NEW0.25%$382,00016.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$288M56May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$321M54Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$361M56Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025Under review32Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$226M28May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$310M30Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$208M37Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$215M38Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$228M31May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$199M30Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$181M35Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$179M37Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$155M38May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review32Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$162M24Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$171M22Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$296M24May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$488M26Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$572M29Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$538M26Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$474M30May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$484M26Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$540M31Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$475M34Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$291M29May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$326M23Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$372M24Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$324M23Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$247M18May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$173M17Feb 14, 201913F-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 ↗.