Skip to main content
Livermore
Livermore
ZHEN

Whetstone Capital Advisors, LLC

SEC CIK
0001607278
Latest filing
Aug 14, 2026

The latest 13F from Whetstone Capital Advisors, LLC covers Q2 2026 (filed Aug 14, 2026): 67 long positions worth $377.4M. The top 10 holdings make up 71.9% of the portfolio, and the largest is Dave Inc. (DAVE) at 22.0%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
22
Est. +$63.9M
Added
8
Est. +$8.43M
Reduced
14
Est. −$28.8M
Sold out
9
Est. −$17.6M

Top 5 holdings

Share of this quarter's portfolio value

  1. DAVEDave Inc.
    22.0%$83.1MHistory
  2. NETCloudflare, Inc.
    19.0%$71.8MHistory
  3. GOOGAlphabet Inc.
    10.8%$40.9MHistory
  4. AMZNAmazon Com Inc
    4.4%$16.5MHistory
  5. FRMIFermi Inc.
    3.2%$12.0MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. FRMIFermi Inc.
    +$12.0MNewHistory
  2. SESea Ltd
    +$8.19MNewHistory
  3. BETRBetter Home & Finance Holding Co
    +$6.98MNewHistory
  4. FIGRFigure Technology Solutions, Inc.
    +$6.94MNewHistory
  5. ORCLOracle Corp
    +$6.10MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. FRMIFermi Inc.
    +3.18 pp0.0% → 3.2%History
  2. SESea Ltd
    +2.17 pp0.0% → 2.2%History
  3. BETRBetter Home & Finance Holding Co
    +1.85 pp0.0% → 1.9%History
  4. FIGRFigure Technology Solutions, Inc.
    +1.84 pp0.0% → 1.8%History
  5. ORCLOracle Corp
    +1.62 pp0.0% → 1.6%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. HCATHealth Catalyst, Inc.
    −$8.16MReducedHistory
  2. RPAYRepay Holdings Corp
    −$8.09MReducedHistory
  3. AMZNAmazon Com Inc
    −$5.68MReducedHistory
  4. BLZEBackblaze, Inc.
    −$5.24MSold outHistory
  5. LPROOpen Lending Corp
    −$4.75MSold outHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. NETCloudflare, Inc.
    −3.71 pp22.7% → 19.0%History
  2. AMZNAmazon Com Inc
    −2.92 pp7.3% → 4.4%History
  3. GOOGAlphabet Inc.
    −1.98 pp12.8% → 10.8%History
  4. BLZEBackblaze, Inc.
    −1.97 pp2.0% → 0.0%History
  5. HCATHealth Catalyst, Inc.
    −1.95 pp2.0% → 0.1%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$377.4M
+$111.6M (+42.0%) vs. prior quarter
Positions
67
+13 vs. prior quarter
Top 10 concentration
71.9%
Top 10 as share of value
Turnover
14.4%
Q2 2026, one quarter
Average holding period
11.9 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $567.9M (Q3 2021)

Q1 2021: $470.4MQ2 2021: $535.7MQ3 2021: $567.9MQ4 2021: $483.9MQ1 2022: $296.1MQ2 2022: $170.6MQ3 2022: $162.1MQ4 2022: $115.4MQ1 2023: $155.1MQ2 2023: $179.2MQ3 2023: $180.8MQ4 2023: $198.8MQ1 2024: $228.4MQ2 2024: $215.5MQ3 2024: $207.5MQ4 2024: $262.7MQ1 2025: $226.3MQ2 2025: $354.0MQ3 2025: $361.1MQ4 2025: $320.5MQ1 2026: $265.8MQ2 2026: $377.4M
Q1 2021Q2 2026
13F filings of Whetstone Capital Advisors, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 202667$377.4MDAVENETGOOGvs. Q1 2026SEC
Q1 2026May 15, 202654$265.8MNETDAVEGOOGvs. Q4 2025SEC
Q4 2025Feb 13, 202654$320.5MDAVENETGOOGvs. Q3 2025SEC
Q3 2025Nov 14, 202556$361.1MNETDAVEGOOGvs. Q2 2025SEC
Q2 2025Aug 14, 202532$354.0MDAVENETMNDYvs. Q1 2025SEC
Q1 2025May 14, 202528$226.3MNETDAVEGOOGvs. Q4 2024SEC
Q4 2024Feb 13, 202528$262.7MNETGOOGDAVEvs. Q3 2024SEC
Q3 2024Nov 13, 202437$207.5MNETMNDYGOOGvs. Q2 2024SEC
Q2 2024Aug 14, 202438$215.5MNETGOOGMNDYvs. Q1 2024SEC
Q1 2024May 14, 202431$228.4MNETGOOGMNDYvs. Q4 2023SEC
Q4 2023Feb 14, 202430$198.8MNETGOOGPROvs. Q3 2023SEC
Q3 2023Nov 14, 202335$180.8MNETGOOGMNDYvs. Q2 2023SEC
Q2 2023Aug 14, 202337$179.2MNETGOOGMNDYvs. Q1 2023SEC
Q1 2023May 15, 202338$155.1MNETGOOGMNDYvs. Q4 2022SEC
Q4 2022Feb 14, 202332$115.4MGOOGNETAMZNvs. Q3 2022SEC
Q3 2022Nov 14, 202224$162.1MGOOGNETAMZNvs. Q2 2022SEC
Q2 2022Aug 15, 202222$170.6MGOOGAMZNDOMOvs. Q1 2022SEC
Q1 2022May 16, 202224$296.1MNETDOMOAMZNvs. Q4 2021SEC
Q4 2021Feb 14, 202226$483.9MNETAMZNDOMOvs. Q3 2021SEC
Q3 2021Nov 12, 202129$567.9MDOMONETASANvs. Q2 2021SEC
Q2 2021Aug 13, 202126$535.7MDOMONETTWLOvs. Q1 2021SEC
Q1 2021May 12, 202130$470.4MTWLODOMONET–SEC

13D and 13G filings

Companies where Whetstone Capital Advisors, LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

2 companies, largest stake first.

Companies where Whetstone Capital Advisors, LLC owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
SERASera Prognostics, Inc.13G/A8.60%3.31M shares−0.60 ppfrom 9.20%Sep 8, 20253 filingsMay 1, 2026SEC
OPRXOptimizeRx Corp13D/A8.20%1.51M shares0.00 ppfrom 8.20%Feb 5, 20253 filingsApr 21, 2025SEC

Latest filings

18 filings on file made by Whetstone Capital Advisors, LLC or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Whetstone Capital Advisors, LLC
CompanyFiled (ET)FormStakeChangeEvent dateFiling
HCATHealth Catalyst, Inc.Jun 8, 20267:12 PM ET13D/A4.50%3.29M shares−3.70 ppfrom 8.20%Below 5%Jun 4, 2026SEC
BODIBeachbody Company, Inc.May 1, 20265:22 PM ET13G/A2.40%102.2K shares−4.40 ppfrom 6.80%Below 5%Mar 31, 2026SEC
LPROOpen Lending CorpMay 1, 20265:03 PM ET13G/A3.20%3.80M shares−1.90 ppfrom 5.10%Below 5%Mar 31, 2026SEC
SERASera Prognostics, Inc.May 1, 20264:49 PM ET13G/A8.60%3.31M shares−0.60 ppfrom 9.20%Mar 31, 2026SEC
HCATHealth Catalyst, Inc.Feb 18, 20261:04 PM ET13D/A8.20%5.78M shares+0.80 ppfrom 7.40%Feb 17, 2026SEC
HCATHealth Catalyst, Inc.Jan 21, 20268:39 AM ET13D7.40%5.27M shares+2.10 ppfrom 5.30%Jan 15, 2026SEC
LPROOpen Lending CorpJan 16, 20263:19 PM ET13G5.10%6.01M sharesNewDec 31, 2025SEC
BODIBeachbody Company, Inc.Jan 16, 20262:56 PM ET13G/A6.80%297.6K shares−1.50 ppfrom 8.30%Dec 31, 2025SEC
SERASera Prognostics, Inc.Jan 16, 20262:45 PM ET13G/A9.20%3.46M shares−0.70 ppfrom 9.90%Dec 31, 2025SEC
HCATHealth Catalyst, Inc.Jan 14, 20268:27 PM ET13G/A5.30%3.75M shares−0.10 ppfrom 5.40%Dec 31, 2025SEC
BODIBeachbody Company, Inc.Sep 8, 20255:11 PM ET13G8.30%354.5K sharesNewJun 30, 2025SEC
SERASera Prognostics, Inc.Sep 8, 20254:52 PM ET13G9.90%3.63M sharesNewJun 30, 2025SEC
HCATHealth Catalyst, Inc.Sep 8, 20254:52 PM ET13G5.40%3.73M sharesNewJun 30, 2025SEC
OPRXOptimizeRx CorpApr 21, 20252:47 PM ET13D/A8.20%1.51M shares0.00 ppfrom 8.20%Apr 18, 2025SEC
OPRXOptimizeRx CorpMar 10, 20255:29 PM ET13D/A8.20%1.51M shares0.00 ppfrom 8.20%Mar 6, 2025SEC
OPRXOptimizeRx CorpFeb 5, 202511:41 AM ET13D8.20%1.51M sharesNewFeb 3, 2025SEC
BLZEBackblaze, Inc.Feb 9, 202313G/AOld format–––SEC
BLZEBackblaze, Inc.Feb 11, 202213GOld format–New–SEC