DEEPWATER ASSET MANAGEMENT, LLC

CIK

1964171

Location

Minneapolis, MN

Portfolio Value

Small $156,367,380

Diversification

Diversified

Filing Date

Global Rank

#4,411 / 8,232 ▼ 1281

Top Industry

Software - Application 16.9%

3Y Alpha vs SPY

-6.0%

Period ended 2 months ago

Filed May 14, 2026 · 30d

14 quarters · since Dec 2022

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+51.5%

SPY

+76.5%

Annualised alpha

-6.0%

Max drawdown

−32.6%

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

38 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.7%

+0.6 pts

Top 5

24.3%

−0.2 pts

Top 10

42.0%

−3.5 pts

HHI

331

Diversified+5

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	51.0%	$79,726,868	23
Industrials	17.1%	$26,726,836	5
Communication Services	11.1%	$17,398,759	3
Consumer Cyclical	6.9%	$10,841,220	3
Financial Services	4.8%	$7,566,753	1
Energy	3.0%	$4,731,920	1
Healthcare	3.0%	$4,726,069	1
Utilities	3.0%	$4,648,955	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

9 positions

Ticker	Company	Δ Shares	Shares	Value
DDOG	Datadog, Inc.	+19,566	51,023	$6,023,265
SNOW	Snowflake Inc.	+6,134	27,674	$4,173,792
STRL	Sterling Infrastructure, Inc.	+5,565	20,695	$8,428,452
CRWV	CoreWeave, Inc.	+4,605	15,614	$1,209,616
TTWO	Take Two Interactive Software Inc	+3,949	23,575	$4,656,062
AMZN	Amazon Com Inc	+3,813	6,951	$1,447,684
AAPL	Apple Inc.	+1,804	5,409	$1,372,750
VST	Vistra Corp.	+1,710	30,925	$4,648,955
AXON	Axon Enterprise, Inc.	+277	9,051	$3,843,869
No positions match the current search.

Trimmed

Positions the filer reduced

20 positions

Ticker	Company	Δ Shares	Shares	Value
NU	Nu Holdings Ltd.	−471,324	526,566	$7,566,753
GLBE	Global-E Online Ltd.	−247,864	144,199	$4,448,539
FOUR	Shift4 Payments, Inc.	−99,107	107,110	$4,683,920
UBER	Uber Technologies, Inc	−94,812	86,754	$6,240,215
RBRK	Rubrik, Inc.	−75,194	88,506	$4,334,138
TEAM	Atlassian Corp	−29,486	61,676	$4,209,387
ISRG	Intuitive Surgical Inc	−14,958	10,252	$4,726,069
APP	AppLovin Corp	−14,924	9,783	$3,893,634
MRCY	Mercury Systems Inc	−10,837	56,624	$4,128,455
VRT	Vertiv Holdings Co	−9,874	24,670	$6,181,808
CCJ	Cameco Corp	−9,822	43,568	$4,731,920
AVAV	AeroVironment Inc	−6,245	22,640	$4,144,252
COHR	Coherent Corp.	−6,059	20,053	$4,776,825
LRCX	Lam Research Corp	−5,859	23,963	$5,119,934
MELI	Mercadolibre Inc	−4,905	2,860	$4,944,997
RDDT	Reddit, Inc.	−4,434	65,719	$8,849,063
MU	Micron Technology Inc	−3,751	3,454	$1,166,899
NVDA	Nvidia Corp	−1,486	7,716	$1,345,670
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−1,479	4,322	$1,460,619
ASML	Asml Holding NV	−535	3,795	$5,012,549
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
CRDO	Credo Technology Group Holding Ltd	73,433	$6,893,155
MRVL	Marvell Technology, Inc.	54,612	$5,409,318
RMBS	Rambus Inc	58,036	$4,992,837
SHOP	Shopify Inc.	37,902	$4,495,935
NET	Cloudflare, Inc.	7,425	$1,532,074
PCOR	Procore Technologies, Inc.	22,771	$1,297,947
TOST	Toast, Inc.	46,180	$1,224,231
No positions match the current search.

Sold Out

Positions the filer fully exited

13 positions

Ticker	Company	Shares	Value
CVNA	Carvana Co.	26,879	$11,343,475
META	Meta Platforms, Inc.	16,675	$11,007,000
BROS	Dutch Bros Inc.	179,106	$10,964,869
FRPT	Freshpet, Inc.	158,792	$9,675,196
WDAY	Workday, Inc.	43,483	$9,339,278
NTRA	Natera, Inc.	39,645	$9,082,273
FWRG	First Watch Restaurant Group, Inc.	576,166	$8,688,583
ALAB	Astera Labs, Inc.	51,428	$8,555,562
RBLX	Roblox Corp	82,841	$6,712,606
FSLR	First Solar, Inc.	25,126	$6,563,664
LNG	Cheniere Energy, Inc.	24,169	$4,698,211
GTLB	Gitlab Inc.	124,217	$4,661,864
SE	Sea Ltd	12,219	$1,558,777
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

38 positions · $156,367,380 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Energy Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
RDDT	Reddit, Inc. Communication Services	Reduced	65,719	-4,434	$8,849,063	−45.1%	5.66%
STRL	Sterling Infrastructure, Inc. Industrials	Added	20,695	+5,565	$8,428,452	+81.9%	5.39%
NU	Nu Holdings Ltd. Financial Services	Reduced	526,566	-471,324	$7,566,753	−54.7%	4.84%
CRDO	Credo Technology Group Holding Ltd Technology	NEW	73,433	NEW	$6,893,155	NEW	4.41%
UBER	Uber Technologies, Inc Technology	Reduced	86,754	-94,812	$6,240,215	−57.9%	3.99%
VRT	Vertiv Holdings Co Industrials	Reduced	24,670	-9,874	$6,181,808	+10.5%	3.95%
DDOG	Datadog, Inc. Technology	Added	51,023	+19,566	$6,023,265	+40.8%	3.85%
MRVL	Marvell Technology, Inc. Technology	NEW	54,612	NEW	$5,409,318	NEW	3.46%
LRCX	Lam Research Corp Technology	Reduced	23,963	-5,859	$5,119,934	+0.3%	3.27%
ASML	Asml Holding NV Technology	Reduced	3,795	-535	$5,012,549	+8.2%	3.21%
RMBS	Rambus Inc Technology	NEW	58,036	NEW	$4,992,837	NEW	3.19%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	2,860	-4,905	$4,944,997	−68.4%	3.16%
COHR	Coherent Corp. Technology	Reduced	20,053	-6,059	$4,776,825	−0.9%	3.05%
CCJ	Cameco Corp Energy	Reduced	43,568	-9,822	$4,731,920	−3.1%	3.03%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	10,252	-14,958	$4,726,069	−66.9%	3.02%
FOUR	Shift4 Payments, Inc. Technology	Reduced	107,110	-99,107	$4,683,920	−63.9%	3.00%
TTWO	Take Two Interactive Software Inc Communication Services	Added	23,575	+3,949	$4,656,062	−7.3%	2.98%
VST	Vistra Corp. Utilities	Added	30,925	+1,710	$4,648,955	−1.4%	2.97%
SHOP	Shopify Inc. Technology	NEW	37,902	NEW	$4,495,935	NEW	2.88%
GLBE	Global-E Online Ltd. Consumer Cyclical	Reduced	144,199	-247,864	$4,448,539	−71.1%	2.84%
RBRK	Rubrik, Inc. Technology	Reduced	88,506	-75,194	$4,334,138	−65.4%	2.77%
TEAM	Atlassian Corp Technology	Reduced	61,676	-29,486	$4,209,387	−71.5%	2.69%
SNOW	Snowflake Inc. Technology	Added	27,674	+6,134	$4,173,792	−11.7%	2.67%
AVAV	AeroVironment Inc Industrials	Reduced	22,640	-6,245	$4,144,252	−40.7%	2.65%
MRCY	Mercury Systems Inc Industrials	Reduced	56,624	-10,837	$4,128,455	−16.2%	2.64%
APP	AppLovin Corp Communication Services	Reduced	9,783	-14,924	$3,893,634	−76.6%	2.49%
AXON	Axon Enterprise, Inc. Industrials	Added	9,051	+277	$3,843,869	−22.9%	2.46%
NET	Cloudflare, Inc. Technology	NEW	7,425	NEW	$1,532,074	NEW	0.98%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	4,322	-1,479	$1,460,619	−17.1%	0.93%
AMZN	Amazon Com Inc Consumer Cyclical	Added	6,951	+3,813	$1,447,684	+99.9%	0.93%
SNPS	Synopsys Inc Technology	Held	3,551	0	$1,407,900	−15.6%	0.90%
AAPL	Apple Inc. Technology	Added	5,409	+1,804	$1,372,750	+40.1%	0.88%
NVDA	Nvidia Corp Technology	Reduced	7,716	-1,486	$1,345,670	−21.6%	0.86%
AVGO	Broadcom Inc. Technology	Held	4,342	0	$1,343,892	−10.6%	0.86%
PCOR	Procore Technologies, Inc. Technology	NEW	22,771	NEW	$1,297,947	NEW	0.83%
TOST	Toast, Inc. Technology	NEW	46,180	NEW	$1,224,231	NEW	0.78%
CRWV	CoreWeave, Inc. Technology	Added	15,614	+4,605	$1,209,616	+53.4%	0.77%
MU	Micron Technology Inc Technology	Reduced	3,454	-3,751	$1,166,899	−43.3%	0.75%