In a notable portfolio shift, Whale Rock Capital has liquidated its entire stake in ARM Holdings, according to a recent SEC filing. The disclosure, which reflects holdings as of June 30, 2026, shows the sale of all 452.38K shares, previously valued at approximately $68.44 million. This move represents a complete exit from a position that accounted for 0.88% of the major tech investor's reported portfolio in the prior quarter.
Investors should note that 13F filings are submitted to the SEC quarterly and released with a delay, so this trade occurred sometime between April and June 2026. During the second quarter, ARM reported strong earnings driven by demand for its technology in AI applications, though concerns over future smartphone royalty growth also emerged. Whale Rock, known for its research-driven, long-term approach to the tech sector, has not publicly commented on the specific reasons for this trade.