Jul. 2 at 8:50 PM
Whale Rock Capital Management's flagship hedge fund surged 72.5% through the first half of 2026, placing the
$19 billion technology-focused firm among the year's best-performing hedge funds. According to Bloomberg, the flagship fund gained 9.2% in June, while its long-only strategy advanced 9.4%, boosting its year-to-date return to an impressive 82%.
The strong performance was fueled by outsized gains in semiconductor and technology holdings. Sandisk soared more than 850% during the first half of the year, SK Hynix climbed over 300%, and printed circuit board manufacturer TTM Technologies advanced roughly 170%, making them some of the fund's biggest contributors.
Whale Rock also benefited from its investment in artificial intelligence startup Anthropic, whose latest funding round reportedly valued the company at
$965 billion, allowing it to surpass OpenAI in valuation for the first time.
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