Optimus Prime Fund Management Co Ltd's Q1 2023 13F: 3 new positions, 14 exits
Form 13F-HR for the quarter ended Mar 31, 2023 · filed May 15, 2023 · 27 reported positions · accession 0001732539-23-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 17.4% | 8.1% | −9.3 pts | −1.25M sh | −67% |
| Exited | SERVICENOW INC (NOW) | 5.2% | — | −5.2 pts | −106K sh | −100% |
| Increased | ZSCALER INC (ZS) | 0.4% | 4.1% | +3.7 pts | +219K sh | +731% |
| Exited | OKTA INC (OKTA) | 3.0% | — | −3.0 pts | −355K sh | −100% |
| Reduced | TESLA INC (TSLA) | 5.4% | 7.3% | +1.9 pts | −100K sh | −29% |
| Exited | MONDAY COM LTD (MNDY) | 2.2% | — | −2.2 pts | −146K sh | −100% |
| Exited | ATLASSIAN CORPORATION (TEAM) | 2.1% | — | −2.1 pts | −129K sh | −100% |
| Exited | MONGODB INC (MDB) | 2.0% | — | −2.0 pts | −80,000 sh | −100% |
| Increased | JFROG LTD (FROG) | 4.8% | 6.8% | +2.1 pts | +680K sh | +38% |
| Increased | CONFLUENT INC (CFLT) | 3.4% | 6.0% | +2.6 pts | +551K sh | +45% |
| Increased | HASHICORP INC (HCP) | 0.6% | 2.4% | +1.8 pts | +420K sh | +255% |
| Increased | ZOOM VIDEO COMMUNICATIONS IN (ZM) | 2.1% | 4.1% | +2.0 pts | +150K sh | +60% |
| Exited | AMAZON COM INC (AMZN) | 1.3% | — | −1.3 pts | −120K sh | −100% |
| Increased | CLOUDFLARE INC (NET) | 8.0% | 13.1% | +5.1 pts | +97,448 sh | +7% |
| Exited | PAGERDUTY INC (PD) | 0.7% | — | −0.7 pts | −225K sh | −100% |
| Exited | QUALTRICS INTL INC (XM) | 0.7% | — | −0.7 pts | −540K sh | −100% |
| Exited | ALIBABA GROUP HLDG LTD (BABA) | 0.7% | — | −0.7 pts | −60,000 sh | −100% |
| Exited | CROWDSTRIKE HLDGS INC (CRWD) | 0.7% | — | −0.7 pts | −50,000 sh | −100% |
| Reduced | RINGCENTRAL INC (RNG) | 0.8% | 0.2% | −0.5 pts | −115K sh | −68% |
| Increased | SNOWFLAKE INC (SNOW) | 9.0% | 11.3% | +2.3 pts | +20,000 sh | +4% |
| Exited | UIPATH INC (PATH) | 0.2% | — | −0.2 pts | −151K sh | −100% |
| Increased | DATADOG INC (DDOG) | 6.1% | 6.9% | +0.8 pts | +15,000 sh | +2% |
| New | MICROSOFT CORP (MSFT) | — | 0.1% | +0.1 pts | +3,100 sh | new |
| New | NVIDIA CORPORATION (NVDA) | — | 0.1% | +0.1 pts | +3,024 sh | new |
| Exited | WALKME LTD (WKME) | 0.1% | — | −0.1 pts | −80,000 sh | −100% |
| New | ADVANCED MICRO DEVICES INC (AMD) | — | 0.1% | +0.1 pts | +7,700 sh | new |
| Exited | ASANA INC (ASAN) | 0.1% | — | −0.1 pts | −60,000 sh | −100% |
| Reduced | LYFT INC (LYFT) | 0.6% | 0.5% | −0.1 pts | −70,000 sh | −16% |
| Exited | SPRINKLR INC (CXM) | 0.1% | — | −0.1 pts | −85,000 sh | −100% |
| Reduced | EXPENSIFY INC (EXFY) | 0.3% | 0.2% | −0.1 pts | −75,000 sh | −32% |
| Reduced | MARQETA INC (MQ) | 0.3% | 0.2% | −0.1 pts | −90,000 sh | −27% |
| Reduced | AGORA INC (API) | 0.1% | 0.1% | 0.0 pts | −10,000 sh | −8% |
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 — 77.8% of the equity book
Changes in the top 10 this quarter: ZM entered · NOW left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | CLOUDFLARE INC (NET) | 8.0% | 13.1% | |
| 2 | SNOWFLAKE INC (SNOW) | 9.0% | 11.3% | |
| 3 | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 17.4% | 8.1% | |
| 4 | TESLA INC (TSLA) | 5.4% | 7.3% | |
| 5 | TWILIO INC (TWLO) | 4.8% | 7.3% | |
| 6 | DATADOG INC (DDOG) | 6.1% | 6.9% | |
| 7 | JFROG LTD (FROG) | 4.8% | 6.8% | |
| 8 | ELASTIC N V (ESTC) | 5.3% | 6.7% | |
| 9 | CONFLUENT INC (CFLT) | 3.4% | 6.0% | |
| 10 | ZOOM VIDEO COMMUNICATIONS IN (ZM) | 2.1% | 4.1% | Entered the top 10 |
| — | SERVICENOW INC (NOW) | 5.2% | 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).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Exited | ATLASSIAN CORPORATION (TEAM) | Call | 60,000 | 0 | $0 |
| Exited | TWILIO INC (TWLO) | Call | 90,000 | 0 | $0 |
| Reduced | JFROG LTD (FROG) | Call | 500K | 350K | $6.9M |
| Exited | DOCUSIGN INC (DOCU) | Call | 60,000 | 0 | $0 |
| Exited | QUALTRICS INTL INC (XM) | Call | 200K | 0 | $0 |
| Exited | CONFLUENT INC (CFLT) | Call | 30,000 | 0 | $0 |