Cypress Point Investment Management LP
MILL VALLEY, CA
$552m in 33 US stocks at the end of 30 June 2026. The top 10 are 49.3% of the money. It changed about 25.0% of the portfolio this quarter.
Value
$552m
Stocks
33
Top 10 share
49.3%
Turnover
25.0%
What changed this quarter
New
Bought for the first time this quarter.
- CourseraCOUR4.7% of the fund
- Alkami TechnologyALKT3.1% of the fund
- Commvault SystemsCVLT1.6% of the fund
- AutodeskADSK1.4% of the fund
- Veeva SystemsVEEV1.2% of the fund
Added
Bought more of a stock they already held.
- Sportradar Group AGSRAD5.4% of the fund+21%
- Q2 HoldingsQTWO4.8% of the fund+12%
- Genius SportsGENI4.6% of the fund+5%
- SnowflakeSNOW4.3% of the fund+49%
- Paymentus HoldingsPAY3.9% of the fund+5%
- Procore TechnologiesPCOR3.8% of the fund+6%
- Unity SoftwareU3.6% of the fund+812%
- DraftKingsDKNG3.4% of the fund+148%
- CompassCOMP2.4% of the fund+39%
- Akamai TechnologiesAKAM2.4% of the fund+15%
- SailPointSAIL2.3% of the fund+63%
- VertexVERX2.0% of the fund+78%
- SoFi TechnologiesSOFI1.6% of the fund+77%
- nCinoNCNO1.5% of the fund+79%
- CloudflareNET1.2% of the fund+6%
Cut
Sold some of their stake.
- BandwidthBAND8.9% of the fund-51%
- SentinelOneS3.9% of the fund-6%
- ServiceTitanTTAN3.8% of the fund-26%
- JFrogFROG3.1% of the fund-59%
- ElasticESTC2.8% of the fund-12%
- DynatraceDT2.3% of the fund-5%
- Planet Labs PBCPL1.9% of the fund-27%
- DatadogDDOG1.6% of the fund-71%
- MongoDBMDB1.6% of the fund-20%
- Nebius GroupNBIS0.3% of the fund-76%
Sold out
Sold their entire stake.
- Udemy-100%
- Guidewire SoftwareGWRE-100%
- WorkivaWK-100%
- AirbnbABNB-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| BandwidthBAND | 8.9% | $49m | 775,581 | -51% |
| Sportradar Group AGSRAD | 5.4% | $30m | 1,994,698 | +21% |
| Q2 HoldingsQTWO | 4.8% | $26m | 548,929 | +12% |
| CourseraCOUR | 4.7% | $26m | 4,551,747 | New |
| Genius SportsGENI | 4.6% | $25m | 4,151,812 | +5% |
| FreshworksFRSH | 4.6% | $25m | 2,481,388 | Held |
| Blend LabsBLND | 4.4% | $24m | 14,297,425 | Held |
| SnowflakeSNOW | 4.3% | $24m | 93,160 | +49% |
| SentinelOneS | 3.9% | $21m | 1,266,790 | -6% |
| Paymentus HoldingsPAY | 3.9% | $21m | 881,115 | +5% |
| ServiceTitanTTAN | 3.8% | $21m | 300,394 | -26% |
| Procore TechnologiesPCOR | 3.8% | $21m | 513,203 | +6% |
| Unity SoftwareU | 3.6% | $20m | 690,070 | +812% |
| DraftKingsDKNG | 3.4% | $19m | 748,649 | +148% |
| JFrogFROG | 3.1% | $17m | 190,770 | -59% |
| Alkami TechnologyALKT | 3.1% | $17m | 936,985 | New |
| ElasticESTC | 2.8% | $16m | 274,030 | -12% |
| CompassCOMP | 2.4% | $13m | 1,070,527 | +39% |
| Akamai TechnologiesAKAM | 2.4% | $13m | 111,332 | +15% |
| DynatraceDT | 2.3% | $13m | 289,001 | -5% |
| SailPointSAIL | 2.3% | $13m | 861,578 | +63% |
| VertexVERX | 2.0% | $11m | 952,212 | +78% |
| Planet Labs PBCPL | 1.9% | $10m | 313,568 | -27% |
| WayfairW | 1.8% | $10m | 108,812 | Held |
| DatadogDDOG | 1.6% | $9m | 33,688 | -71% |
| MongoDBMDB | 1.6% | $9m | 25,863 | -20% |
| SoFi TechnologiesSOFI | 1.6% | $9m | 483,640 | +77% |
| Commvault SystemsCVLT | 1.6% | $9m | 60,851 | New |
| nCinoNCNO | 1.5% | $8m | 492,329 | +79% |
| AutodeskADSK | 1.4% | $8m | 40,517 | New |
| Veeva SystemsVEEV | 1.2% | $7m | 38,236 | New |
| CloudflareNET | 1.2% | $6m | 26,422 | +6% |
| Nebius GroupNBIS | 0.3% | $2m | 6,640 | -76% |
Over time and by industry
Value over time
Dec '25
Jun '26
Value is up 18.6% since 31 December 2025.
Where the money is
Technology85.0%
Retail & consumer9.8%
Real estate2.4%
Financial services1.6%
Health care1.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.