CAT ROCK CAPITAL MANAGEMENT LP's Q4 2023 13F: 2 new positions, 4 exits
Form 13F-HR for the quarter ended Dec 31, 2023 · filed Feb 14, 2024 · 10 reported positions · accession 0001214659-24-002848
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | SPRINKLR INC (CXM) | 7.6% | — | −7.6 pts | −3.7M sh | −100% |
| New | ARES MANAGEMENT CORPORATION (ARES) | — | 5.8% | +5.8 pts | +319K sh | new |
| Exited | ENGAGESMART INC (ESMT) | 5.6% | — | −5.6 pts | −2.11M sh | −100% |
| Reduced | BLUE OWL CAPITAL INC (OWL) | 5.9% | 1.7% | −4.2 pts | −2.29M sh | −75% |
| Exited | AXON ENTERPRISE INC (AXON) | 4.4% | — | −4.4 pts | −150K sh | −100% |
| Reduced | MICROSOFT CORP (MSFT) | 10.9% | 10.7% | −0.2 pts | −44,500 sh | −19% |
| Reduced | DOCEBO INC (DCBO) | 14.4% | 16.1% | +1.6 pts | −192K sh | −8% |
| Reduced | ALPHABET INC (GOOG) | 9.6% | 9.7% | 0.0 pts | −37,500 sh | −8% |
| Increased | FIRST ADVANTAGE CORP NEW (FA) | 6.2% | 8.4% | +2.1 pts | +303K sh | +10% |
| Increased | SEMRUSH HLDGS INC (SEMR) | 10.4% | 17.8% | +7.4 pts | +358K sh | +4% |
| Exited | TRANSDIGM GROUP INC (TDG) | 0.6% | — | −0.6 pts | −4,438 sh | −100% |
| New | STRIDE INC (LRN) | — | 0.3% | +0.3 pts | +35,000 sh | new |
| Increased | META PLATFORMS INC (META) | 22.7% | 27.5% | +4.8 pts | +4,600 sh | +1% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 100.0% of the equity book
Changes in the top 10 this quarter: ARES entered · DOCU entered · LRN entered · CXM left · ESMT left · AXON left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | META PLATFORMS INC (META) | 22.7% | 27.5% | |
| 2 | SEMRUSH HLDGS INC (SEMR) | 10.4% | 17.8% | |
| 3 | DOCEBO INC (DCBO) | 14.4% | 16.1% | |
| 4 | MICROSOFT CORP (MSFT) | 10.9% | 10.7% | |
| 5 | ALPHABET INC (GOOG) | 9.6% | 9.7% | |
| 6 | FIRST ADVANTAGE CORP NEW (FA) | 6.2% | 8.4% | |
| 7 | ARES MANAGEMENT CORPORATION (ARES) | 0.0% | 5.8% | Entered the top 10 |
| 8 | DOCUSIGN INC (DOCU) | 1.4% | 2.1% | Entered the top 10 |
| 9 | BLUE OWL CAPITAL INC (OWL) | 5.9% | 1.7% | |
| 10 | STRIDE INC (LRN) | 0.0% | 0.3% | Entered the top 10 |
| — | SPRINKLR INC (CXM) | 7.6% | 0.0% | Left the top 10 |
| — | ENGAGESMART INC (ESMT) | 5.6% | 0.0% | Left the top 10 |
| — | AXON ENTERPRISE INC (AXON) | 4.4% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).