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Hedge Funds

Whale Rock Capital Adds To Mongodb Stake ~ Market Folly

by marketfolly.com posted 9months ago 67 views
Alex Sacerdote's hedge fund firm Whale Rock Capital has filed a 13G with the SEC regarding its stake in MongoDB (MDB). Per the filing, Whale Rock now owns 16.05% of the company with over 3.83 million shares. This is way up from the 556,862 shares they owned at the end of the first quarter. They originally disclosed the increased position in a separate 13G filing due to activity in late April, showing a 5.83% ownership stake. The most recent filing was made due to activity on May 24th, showing they've further upped their stake to now 16.05% of the company.

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