NORWEST VENTURE PARTNERS XII, LP
Venture CapitalCIK
1614660
Location
PALO ALTO, CA
Portfolio Value
Micro
$75,314,243
Diversification
Highly concentrated
Filing Date
Global Rank
#4,613
/ 6,690
▼ 320
· as of Sep 2022
Top Industry
Education & Training Services
100.0%
3Y Alpha vs SPY
-45.3%
Period ended 3 years ago
Filed Nov 9, 2022 · 3y
7 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
-58.4%
SPY
+75.9%
Annualised alpha
-46.1%
Max drawdown
−73.5%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
1 positions · as of Sep 30, 2022 · Δ vs Jun 30, 2022Top Position
100.0%
0.0 pts
Top 5
100.0%
0.0 pts
Top 10
100.0%
0.0 pts
HHI
10,000
Highly concentrated0
Portfolio Trend
7 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2022| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Defensive | 100.0% | $75,314,243 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedNo qualifying positions this quarter.
Trimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| UDMY | Udemy, Inc. | −3,114,734 | 6,229,466 | $75,314,243 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
1 positions ·
$75,314,243 total
· as of Sep 30, 2022
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| UDMY |
Udemy, Inc.
Consumer Defensive
|
Reduced | 6,229,466 | $75,314,243 | 100.00% |