Managers / Q2 2022 · view latest →
Nellore Capital Management LLC
CIK 0001846677 · PO BOX 1237, 855 JEFFERSON AVENUE, REDWOOD CITY, CA, 94063 · 6478608148
Summary
Nellore Capital Management LLC reported $374M in U.S.-listed holdings across 19 positions for Q2 2022.
The portfolio is heavily concentrated: CRM alone accounts for 27.3% of reported value.
Compared with Q1 2022, the fund opened 1 new position and exited 5.
Portfolio Metrics
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. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 91.2% · $341M
- Other · 7.9% · $30M
- ADR · 0.8% · $3M
- US DOMESTIC · 0.1% · $496,000
Quarter-over-Quarter Changes full breakdown →
vs Q1 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| MSFTMicrosoft Inc | NEW | +10.0K | 10.0K | +$3M | $3M |
| AMZNAmazon.com Inc | ADDED | +334.8K | 344.0K | +$6M | $37M |
| SHOPShopify Inc. | ADDED | +84.0K | 90.0K | −$2M | $2M |
| VEEVVeeva Systems Inc. | ADDED | +96.8K | 178.2K | +$18M | $35M |
| DAYCeridian HCM Holding Inc | SOLD OUT | −84.3K | 0 | −$6M | $0 |
| FOURShift4 Payments, Inc. | SOLD OUT | −79.5K | 0 | −$5M | $0 |
| Enfusion Inc | SOLD OUT | −210.5K | 0 | −$3M | $0 |
| FRSHFreshworks Inc | SOLD OUT | −100.0K | 0 | −$2M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | CRMsalesforce.com Inchistory → | CRM US EQUITY | 27.29% | $102M | 618.9K |
| 2 | GOOGAlphabet Inc | GOOG US EQUITY · GOOGL US EQUITY | 17.34% | $65M | 29.7K |
| 3 | MLB1MercadoLibre Inchistory → | MELI US EQUITY | 12.42% | $46M | 73.0K |
| 4 | AMZNAmazon.com Inchistory → | AMZN US EQUITY | 9.76% | $37M | 344.0K |
| 5 | VEEVVeeva Systems Inc.history → | BBG005845P91 | 9.43% | $35M | 178.2K |
| 6 | Just Eat Takeaway.com NV | TKWY NA EQUITY · SPONSORED ADR · TKWY 0.625 02/09/28 CORP · TKWY 1.25 04/30/26 CORP | 4.59% | $17M | 1.67M |
| 7 | DASHDoorDash Inchistory → | DASH US EQUITY | 4.42% | $17M | 257.5K |
| 8 | APPFAppfolio, Inc.history → | BBG008GC8CP6 | 4.24% | $16M | 175.3K |
| 9 | Magnet Forensics | BBG01041XK28 | 4.11% | $15M | 952.0K |
| 10 | NFLXNetflix Inchistory → | NFLX US EQUITY | 3.01% | $11M | 64.4K |
| 11 | AVLRUSDAvalara Inchistory → | AVLR US EQUITY | 1.10% | $4M | 58.2K |
| 12 | CPNGCoupang Inc | CPNG US EQUITY | 0.96% | $4M | 282.6K |
| 13 | MSFTMicrosoft Inc | MSFT US EQUITY | 0.69% | $3M | 10.0K |
| 14 | SHOPShopify Inc. | BBG008HBDB64 | 0.51% | $2M | 90.0K |
| 15 | MakeMyTrip Ltd | MMYT 0% 02/15/28 CORP | 0.13% | $496,000 | 1 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $783M | 11 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $893M | 11 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $917M | 14 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $892M | 14 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $735M | 16 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $766M | 17 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $734M | 16 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $663M | 13 | Aug 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $647M | 12 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $544M | 11 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $532M | 11 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $534M | 15 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $461M | 16 | May 22, 2023 | RESTATEMENT | changes · EDGAR ↗ |
| Q4 2022 | $406M | 16 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $395M | 18 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $374M | 19 | Aug 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $442M | 23 | May 17, 2022 | RESTATEMENT | changes · EDGAR ↗ |
| Q4 2021 | $370M | 25 | Feb 18, 2022 | RESTATEMENT | changes · EDGAR ↗ |
| Q3 2021 | $413M | 25 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $315M | 23 | Aug 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | Under review | 21 | May 18, 2021 | RESTATEMENT | changes · EDGAR ↗ |
| Q4 2020 | $116.9B | 21 | Feb 23, 2021 | 13F-HR | changes · 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 ↗.