Arkolith/Funds/Whetstone Capital Advisors, LLC

Whetstone Capital Advisors, LLC

CIK 1607278
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Whetstone Capital Advisors, LLC holds a concentrated book of 54 stocks worth $265.8M as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Phreesia Inc and trimmed Dave Inc. Their largest long position is Cloudflare Inc - Class A at 23% of the equity book. They also disclosed $20.6M in put options (a bearish bet) and $1.9M in call options (bullish), shown separately below and excluded from the equity book.

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Use Arkolith to show Whetstone Capital Advisors, LLC's latest
holdings, largest changes, and filing provenance.
Opened
10
new positions
Added to
22
existing
Trimmed
15
reduced
Sold out
10
exited

Concentration

Top-heavy: concentrated book

Top 5 holdings
61%
Top 10 holdings
75%
Top 20 holdings
94%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

97% mapped to company sectors

Information Technology
49%
Financials
27%
Consumer Discretionary
8%
Industrials
7%
Health Care
4%
ETF / fund or unclassified
3%
Real Estate
2%
Materials
0%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

54 positions
#SecurityValueShares% PortLast moveHistory
1Cloudflare Inc
CL A COM
$60.5M293.0K
22.7%
Held
2Dave Inc
CLASS A COM NEW
$39.0M224.2K
14.7%
−18%
Reduced · −48K sh
3Alphabet Inc
CAP STK CL C
$34.0M118.6K
12.8%
−9.0%
Reduced · −12K sh
4Amazon Com Inc
COM
$19.4M93.1K
7.3%
Held
5Optimizerx Corp
COM NEW
$9.5M1.51M
3.6%
Held
6Toast Inc
CL A
$8.9M336.0K
3.4%
Held
7Phreesia Inc
COM
$8.0M953.9K
3.0%
New
New position
8Block Inc
CL A
$7.5M123.8K
2.8%
+7.3%
Added · +8K sh
9Repay Hldgs Corp
COM CL A
$7.0M2.69M
2.6%
−1.4%
Reduced · −38K sh
10Sera Prognostics Inc
CLASS A COM
$6.7M3.31M
2.5%
−4.4%
Reduced · −153K sh
11Klarna Group PLC
SHS
$6.7M509.9K
2.5%
New
New position
12Exzeo Group Inc
COM SHS
$6.0M411.4K
2.3%
+123%
Added · +227K sh
13Health Catalyst Inc
COM
$5.4M4.27M
2.0%
+14%
Added · +518K sh
14Backblaze Inc
COM CL A
$5.2M1.52M
2.0%
Held
15Wealthfront Corp
COM
$5.1M546.4K
1.9%
New
New position
16Open Lending Corp
COM
$4.7M3.80M
1.8%
−37%
Reduced · −2.2M sh
17Coinbase Global Inc
COM CL A
$4.4M25.3K
1.7%
New
New position
18Etoro Group Ltd
SHS CL A
$4.2M139.1K
1.6%
New
New position
19The Real Brokerage Inc
COM NEW
$4.1M1.65M
1.6%
+737%
Added · +1.5M sh
20Robinhood MKTS Inc
COM CL A
$3.5M50.3K
1.3%
New
New position
21Pagaya Technologies Ltd
CL A NEW
$3.4M296.0K
1.3%
New
New position
22Asana Inc
CL A
$2.4M381.7K
0.9%
Held
23Lifemd Inc
COM
$1.3M360.3K
0.5%
−49%
Reduced · −343K sh
24The Beachbody Company Inc
COM CL A NEW
$1.1M102.2K
0.4%
−66%
Reduced · −195K sh
25Meridian Holdings Inc
COM
$457K63.3K
0.2%
New
New position
26Alphabet Inc
CAP STK CL A
$348K1.2K
0.1%
Held
27Lyondellbasell Industries NV
SHS - A -
$286K3.5K
0.1%
−32%
Reduced · −2K sh
28Sanofi Sa
SPONSORED ADR
$278K5.8K
0.1%
+21%
Added · +1K sh
29Phillips 66
COM
$268K1.5K
0.1%
−16%
Reduced · −290 sh
30GSK PLC
SPONSORED ADR
$263K4.8K
0.1%
+1.4%
Added · +67 sh
31Blackstone Inc
COM
$263K2.3K
0.1%
+56%
Added · +819 sh
32Johnson & Johnson
COM
$262K1.1K
0.1%
−2.5%
Reduced · −28 sh
33Apollo Global Mgmt Inc
COM
$261K2.3K
0.1%
+53%
Added · +815 sh
34Booz Allen Hamilton Hldg Cor
CL A
$258K3.3K
0.1%
+25%
Added · +655 sh
35Carlyle Group Inc
COM
$257K5.3K
0.1%
+44%
Added · +2K sh
36The Cigna Group
COM
$257K963
0.1%
+16%
Added · +134 sh
37NextEra Energy Inc
COM
$255K2.7K
0.1%
−3.5%
Reduced · −101 sh
38Blue Owl Capital Inc
COM CL A
$255K27.9K
0.1%
New
New position
39Brookfield Asset Managmt Ltd
CL A LMT VTG SHS
$254K5.7K
0.1%
New
New position
40Canadian Nat Res Ltd Med Ter
COM
$253K5.2K
0.1%
−26%
Reduced · −2K sh
41Restaurant Brands Intl Inc
COM
$250K3.4K
0.1%
+4.3%
Added · +138 sh
42Altria Group Inc
COM
$250K3.8K
0.1%
−2.7%
Reduced · −106 sh
43Medtronic PLC
SHS
$249K2.9K
0.1%
+23%
Added · +538 sh
443M Co
COM
$249K1.7K
0.1%
+20%
Added · +282 sh
45Outfront Media Inc
COM NEW
$248K9.3K
0.1%
−0.9%
Reduced · −86 sh
46Kenvue Inc
COM
$247K14.3K
0.1%
+6.4%
Added · +864 sh
47Scotts Miracle-Gro Co
CL A
$247K4.1K
0.1%
+5.6%
Added · +215 sh
48Watsco Inc
COM
$243K668
0.1%
+1.8%
Added · +12 sh
49Philip Morris Intl Inc
COM
$242K1.5K
0.1%
+2.3%
Added · +33 sh
50Unitedhealth Group Inc
COM
$240K888
0.1%
+26%
Added · +185 sh
Showing 50 of 54 positions

Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$20.6M
Call notional (bullish)$1.9M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishCLOUDFLARE INC - CLASS ANET$20.6M100K
CALL · bullishHEALTH CATALYST INCHCAT$1.9M1.5M

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 202656$288.4M13F-HR
Q4 2025Dec 31, 2025Feb 13, 202654$320.5M13F-HR
Q3 2025Sep 30, 2025Nov 14, 202556$361.1M13F-HR
Q2 2025Jun 30, 2025Aug 14, 202532$354.0M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.