WESTERLY CAPITAL MANAGEMENT, LLC

Registered adviser

CIK

1546172

Location

SAN FRANCISCO, CA

Portfolio Value

Small $407,318,142

Diversification

Diversified

Filing Date

Global Rank

#4,374 / 8,818 ▲ 247

Top Industry

Software - Application 22.8%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

19 quarters · since Dec 2021

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 140089

Roster of Oct 1, 2026

Regulatory AUM

$488,905,268

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

2 funds · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$488,905,268 gross assets

Private funds on Schedule D 7.B.(1)

As filed Mar 25, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$242,485,946 gross assets in 2 funds Hedge funds $242,485,946 (2)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$488,905,268	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$288,038,866	Pooled investment vehicles (100%)
Apr 2024 to Mar 2025	$242,485,946	Pooled investment vehicles (100%)
May 2023 to Mar 2024	$204,604,165	Pooled investment vehicles (100%)
Apr 2023	$204,604,165	Pooled investment vehicles (100%)
Aug 2022 to Mar 2023	$189,269,448	Pooled investment vehicles (100%)

1 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 49.0%, 27.6 effective positions, active share 95.1% against the Dow Jones Industrial Average as of 2026-07-31; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

126.3% over the last four quarters (100%+)

Horizon

Medium horizon

Value-weighted holding period 6.8 quarters (4 to under 12)

Closest benchmark: the Dow Jones Industrial Average as of 2026-07-31, active share 95.1%; sector active share 41.3% against the combined 13F book's sector weights.

Over time 19 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

43 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

8.4%

+2.3 pts

Top 5

30.4%

+2.3 pts

Top 10

49.0%

−1.3 pts

HHI

362

Diversified−18

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	59.6%	$242,643,322	26
Industrials	12.0%	$48,680,611	7
Consumer Defensive	8.4%	$34,319,400	1
Communication Services	7.2%	$29,382,979	4
Basic Materials	5.5%	$22,203,200	2
Financial Services	4.5%	$18,227,700	1
Consumer Cyclical	1.6%	$6,328,930	1
Utilities	1.4%	$5,532,000	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
COUR	Coursera, Inc.	+4,385,000	6,085,000	$34,319,400
ASAN	Asana, Inc.	+1,756,000	3,030,000	$21,210,000
SCOR	Comscore, Inc.	+413,961	1,310,961	$9,674,892
SPWR	SunPower Inc.	+350,000	1,000,000	$687,000
HDSN	Hudson Technologies Inc	+205,000	3,380,000	$19,401,200
GMTL	Guardian Metal Resources PLC	+199,000	200,000	$2,802,000
VIAV	Viavi Solutions Inc.	+150,000	575,000	$27,456,250
HIPO	Hippo Holdings Inc.	+145,000	645,000	$18,227,700
CGNX	Cognex Corp	+45,000	170,000	$12,311,400
FLR	Fluor Corp	+33,000	283,000	$14,826,370
HHS	Harte Hanks Inc	+8,000	635,000	$1,371,600
FSLR	First Solar, Inc.	+5,000	15,000	$3,539,400
No positions match the current search.

Trimmed

Positions the filer reduced

17 positions

Ticker	Company	Δ Shares	Shares	Value
FRSH	Freshworks Inc.	−1,100,000	800,000	$8,096,000
NOK	Nokia Corp	−800,000	1,000,000	$13,280,000
LUMN	Lumen Technologies, Inc.	−800,000	1,400,000	$10,752,000
NXDR	Nextdoor Holdings, Inc.	−650,000	4,850,000	$11,009,500
CGNT	Cognyte Software Ltd.	−480,000	760,000	$6,672,800
MTRX	Matrix Service Co	−369,070	595,930	$8,164,241
AMPL	Amplitude, Inc.	−300,000	200,000	$1,530,000
ADTN	ADTRAN Holdings, Inc.	−300,000	500,000	$6,950,000
ANGI	Angi Inc.	−174,079	440,921	$2,623,479
CSCO	Cisco Systems, Inc.	−170,000	55,000	$6,460,300
ENPH	Enphase Energy, Inc.	−125,000	275,000	$13,541,000
ESTC	Elastic N.V.	−100,000	50,000	$2,851,000
TAC	Transalta Corp	−75,000	400,000	$5,532,000
BL	Blackline, Inc.	−60,000	250,000	$7,017,500
AMBA	Ambarella Inc	−50,000	80,000	$6,864,000
BE	Bloom Energy Corp	−35,000	15,000	$4,540,500
ORN	Orion Group Holdings Inc	−25,000	415,000	$6,980,300
No positions match the current search.

New Positions

Positions the filer opened this quarter

13 positions

Ticker	Company	Shares	Value
ANET	Arista Networks, Inc.	125,000	$21,235,000
ADBE	Adobe Inc.	73,000	$14,966,460
CRM	Salesforce, Inc.	92,000	$14,412,720
NXT	Nextpower Inc.	75,000	$8,935,500
GWRE	Guidewire Software, Inc.	70,000	$8,613,500
CALX	Calix, Inc	205,000	$7,650,600
AVEX	AEVEX Corp.	340,000	$7,102,600
APH	Amphenol Corp	40,000	$7,052,800
RACE	Ferrari N.V.	17,000	$6,328,930
NVDA	Nvidia Corp	30,000	$6,002,700
AADX	Applied Aerospace & Defense, Inc.	250,000	$5,695,000
NFLX	Netflix Inc	70,000	$4,998,000
AVNW	Aviat Networks, Inc.	50,000	$1,110,000
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
—		4,300,000	$19,866,000
MRVL	Marvell Technology, Inc.	200,000	$19,810,000
AIP	Arteris, Inc.	465,000	$7,644,600
BIDU	Baidu, Inc.	55,000	$6,128,100
GLW	Corning Inc	40,000	$5,438,800
NWPX	NWPX Infrastructure, Inc.	8,000	$622,880
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

43 tracked positions · $407,318,142 total · filing declares 46 positions · $541,778,793 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
COUR	Coursera, Inc. Consumer Defensive	Added	6,085,000	+4,385,000	$34,319,400	+246.9%	6	$6.33	8.43%
VIAV	Viavi Solutions Inc. Technology	Added	575,000	+150,000	$27,456,250	+94.1%	11	$19.53	6.74%
ANET	Arista Networks, Inc. Technology	NEW	125,000	NEW	$21,235,000	NEW	1	$157.08	5.21%
ASAN	Asana, Inc. Technology	Added	3,030,000	+1,756,000	$21,210,000	+160.1%	3	$8.00	5.21%
HDSN	Hudson Technologies Inc Basic Materials	Added	3,380,000	+205,000	$19,401,200	+3.9%	19	before history	4.76%
HIPO	Hippo Holdings Inc. Financial Services	Added	645,000	+145,000	$18,227,700	+39.9%	19	before history	4.48%
ADBE	Adobe Inc. Technology	NEW	73,000	NEW	$14,966,460	NEW	1	$236.90	3.67%
FLR	Fluor Corp Industrials	Added	283,000	+33,000	$14,826,370	+27.1%	8	$48.95	3.64%
CRM	Salesforce, Inc. Technology	NEW	92,000	NEW	$14,412,720	NEW	1	$175.84	3.54%
ENPH	Enphase Energy, Inc. Technology	Reduced	275,000	-125,000	$13,541,000	−10.5%	3	$37.53	3.32%
NOK	Nokia Corp Technology	Reduced	1,000,000	-800,000	$13,280,000	−8.2%	3	$6.48	3.26%
CGNX	Cognex Corp Technology	Added	170,000	+45,000	$12,311,400	+101.0%	5	$42.56	3.02%
NXDR	Nextdoor Holdings, Inc. Communication Services	Reduced	4,850,000	-650,000	$11,009,500	+43.0%	17	$2.17	2.70%
LUMN	Lumen Technologies, Inc. Communication Services	Reduced	1,400,000	-800,000	$10,752,000	−29.7%	7	$6.69	2.64%
SCOR	Comscore, Inc. Technology	Added	1,310,961	+413,961	$9,674,892	+55.4%	19	before history	2.38%
NXT	Nextpower Inc. Technology	NEW	75,000	NEW	$8,935,500	NEW	1	$123.40	2.19%
GWRE	Guidewire Software, Inc. Technology	NEW	70,000	NEW	$8,613,500	NEW	1	$133.33	2.11%
MTRX	Matrix Service Co Industrials	Reduced	595,930	-369,070	$8,164,241	−26.3%	15	$10.17	2.00%
FRSH	Freshworks Inc. Technology	Reduced	800,000	-1,100,000	$8,096,000	−46.9%	9	$11.96	1.99%
CALX	Calix, Inc Technology	NEW	205,000	NEW	$7,650,600	NEW	1	$41.96	1.88%
AVEX	AEVEX Corp. Industrials	NEW	340,000	NEW	$7,102,600	NEW	1	$25.97	1.74%
APH	Amphenol Corp Technology	NEW	40,000	NEW	$7,052,800	NEW	1	$144.16	1.73%
BL	Blackline, Inc. Technology	Reduced	250,000	-60,000	$7,017,500	−38.8%	3	$46.56	1.72%
ORN	Orion Group Holdings Inc Industrials	Reduced	415,000	-25,000	$6,980,300	+45.5%	4	$11.09	1.71%
ADTN	ADTRAN Holdings, Inc. Technology	Reduced	500,000	-300,000	$6,950,000	−30.9%	9	$6.29	1.71%
AMBA	Ambarella Inc Technology	Reduced	80,000	-50,000	$6,864,000	+2.6%	5	$64.80	1.69%
CGNT	Cognyte Software Ltd. Technology	Reduced	760,000	-480,000	$6,672,800	−33.6%	19	before history	1.64%
CSCO	Cisco Systems, Inc. Technology	Reduced	55,000	-170,000	$6,460,300	−63.0%	2	$78.28	1.59%
RACE	Ferrari N.V. Consumer Cyclical	NEW	17,000	NEW	$6,328,930	NEW	1	$347.82	1.55%
NVDA	Nvidia Corp Technology	NEW	30,000	NEW	$6,002,700	NEW	1	$205.61	1.47%
AADX	Applied Aerospace & Defense, Inc. Industrials	NEW	250,000	NEW	$5,695,000	NEW	1	unpriced	1.40%
TAC	Transalta Corp Utilities	Reduced	400,000	-75,000	$5,532,000	−11.1%	5	$9.93	1.36%
NFLX	Netflix Inc Communication Services	NEW	70,000	NEW	$4,998,000	NEW	1	$88.07	1.23%
BE	Bloom Energy Corp Industrials	Reduced	15,000	-35,000	$4,540,500	−33.0%	4	$46.44	1.11%
FIG	Figma, Inc. Technology	Held	250,000	0	$4,522,500	−14.4%	2	$27.44	1.11%
FSLR	First Solar, Inc. Technology	Added	15,000	+5,000	$3,539,400	+79.4%	4	$206.11	0.87%
ESTC	Elastic N.V. Technology	Reduced	50,000	-100,000	$2,851,000	−62.0%	4	$82.54	0.70%
GMTL	Guardian Metal Resources PLC Basic Materials	Added	200,000	+199,000	$2,802,000	+15929.7%	2	unpriced	0.69%
ANGI	Angi Inc. Communication Services	Reduced	440,921	-174,079	$2,623,479	−37.7%	19	before history	0.64%
AMPL	Amplitude, Inc. Technology	Reduced	200,000	-300,000	$1,530,000	−55.1%	6	$11.43	0.38%
HHS	Harte Hanks Inc Industrials	Added	635,000	+8,000	$1,371,600	−3.6%	19	before history	0.34%
AVNW	Aviat Networks, Inc. Technology	NEW	50,000	NEW	$1,110,000	NEW	1	$19.59	0.27%
SPWR	SunPower Inc. Technology	Added	1,000,000	+350,000	$687,000	−16.8%	2	$1.32	0.17%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.