Managers / Q3 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 $395M in U.S.-listed holdings across 18 positions for Q3 2022.
The portfolio is heavily concentrated: CRM alone accounts for 22.6% of reported value.
Compared with Q2 2022, the fund opened 1 new position and exited 2.
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 · 89.1% · $352M
- Other · 10.2% · $40M
- ADR · 0.8% · $3M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| Copperleaf Technologies Inc | NEW | +299.3K | 299.3K | +$2M | $2M |
| GOOGAlphabet Inc | ADDED | +394.4K | 415.2K | −$5M | $40M |
| GOOGLAlphabet Inc | ADDED | +170.1K | 179.0K | −$2M | $17M |
| MSFTMicrosoft Inc | ADDED | +127.7K | 137.7K | +$30M | $32M |
| AVLRUSDAvalara Inc | SOLD OUT | −58.2K | 0 | −$4M | $0 |
| MakeMyTrip Ltd | SOLD OUT | −1 | 0 | −$496,000 | $0 |
| Just Eat Takeaway.com NV | ADDED | +230.0K | 959.3K | +$4M | $15M |
| VEEVVeeva Systems Inc. | ADDED | +39.5K | 217.7K | +$603,000 | $36M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | CRMsalesforce.com Inchistory → | CRM US EQUITY | 22.56% | $89M | 618.9K |
| 2 | GOOGAlphabet Inc | GOOG US EQUITY · GOOGL US EQUITY | 14.45% | $57M | 594.2K |
| 3 | MLB1MercadoLibre Inchistory → | MELI US EQUITY | 13.21% | $52M | 63.0K |
| 4 | VEEVVeeva Systems Inc.history → | BBG005845P91 | 9.09% | $36M | 217.7K |
| 5 | AMZNAmazon.com Inchistory → | AMZN US EQUITY | 8.65% | $34M | 302.0K |
| 6 | MSFTMicrosoft Inchistory → | MSFT US EQUITY | 8.13% | $32M | 137.7K |
| 7 | Just Eat Takeaway.com NV | TKWY NA EQUITY · SPONSORED ADR · TKWY 0.625 02/09/28 CORP · TKWY 1.25 04/30/26 CORP | 5.49% | $22M | 1.90M |
| 8 | Magnet Forensics | BBG01041XK28 | 4.99% | $20M | 972.0K |
| 9 | APPFAppfolio, Inc.history → | BBG008GC8CP6 | 4.65% | $18M | 175.3K |
| 10 | DASHDoorDash Inchistory → | DASH US EQUITY | 3.50% | $14M | 279.5K |
| 11 | NFLXNetflix Inchistory → | NFLX US EQUITY | 3.24% | $13M | 54.4K |
| 12 | CPNGCoupang Inc | CPNG US EQUITY | 0.98% | $4M | 232.6K |
| 13 | SHOPShopify Inc. | BBG008HBDB64 | 0.61% | $2M | 90.0K |
| 14 | Copperleaf Technologies Inc | BBG012R1KQ39 | 0.44% | $2M | 299.3K |
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 ↗.