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-0.000520037702733529 -0.00175512724672545 -0.00581792179933052 -0.00812558910521013 -0.0018851366724087 -0.000812558910521013 0.0038352780576592 0.00588292651217214
Stock impact report

$8 billion hedge fund Whale Rock is off to a rough start this year after soaring in 2024. Its founder says volatility 'comes with the tech territory.' [Business Insider]

Applovin Corporation - Class A (APP) 
The firm's flagship fund was down 5.6% through the end of February, a person close to fund said. Many hedge funds have had a tough run to start the year due to the volatility introduced into global markets by President Donald Trump's administration. One of those is Alex Sacerdote's $8 billion Whale Rock Capital, whose tech-heavy portfolio has fallen. Among its top holdings at the start of 2025 was hedge fund favorite adtech firm AppLovin. A person close to the manager told Business Insider that the firm is down 5.6% through February after a 12.9% loss last month. By comparison, the average hedge fund and the S&P 500 were each up a little over 1% over the same time period. The Boston-based manager was a big winner of 2024, making more th Read more
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