Investment Firm Wildcat Capital Management Shows Promising Q3 to Q4 13F Holdings Growth

Wildcat Capital Management, LLC, a San Francisco-based investment firm, recently revealed its 13F holdings for Q3 and Q4 of 2022, showcasing promising growth in several companies. The report highlights the number of shares the firm holds, value, and percentage change in Wildcat's position from Q3 to Q4. Let's dive into the top-performing holdings to see what's driving the growth.

RLX Technology Inc.

RLX Technology Inc. remains Wildcat's largest holding, with the firm maintaining its position of over 30 million shares. However, the value of Wildcat's position in RLX Tech saw a significant jump from $32 million to $71 million, representing a 119% increase. RLX Tech designs and sells e-cigarettes and vaping accessories in China, and their stock has risen steadily since the company's IPO in January 2021.

Coupang Inc.

Coupang Inc., a South Korean e-commerce company, had the most significant growth in Wildcat's holdings, with a staggering 40.8% change in position. Wildcat increased its holdings from 859,817 shares to 1,371,669 shares, and the value also grew from $14 million to $20 million. Coupang's stock has performed well in 2021, with a steady rise from around $25 per share at the beginning of the year to a high of over $60 in November.

Zillow Group Inc.

Zillow Group Inc., the Seattle-based real estate company, also saw a substantial increase in holdings. Wildcat added over 193 thousand shares, bringing the total number to over 407 thousand shares. The value of Wildcat's position rose from $6 million to $13 million, representing an impressive 114% change. Despite hitting a recent slump after the company's pause on homebuying in September 2021, Zillow's stock has been on the rise since November.

DoorDash Inc.

DoorDash Inc., the US-based food delivery service, saw the second-largest growth percentage-wise, with Wildcat increasing its holdings by 70.7%. The firm held 11,825 shares in Q3 and added an additional 8,635 shares in Q4, bringing the total to 20,460 shares. The value of Wildcat's position increased from $585 thousand to $998 thousand, a 70.7% increase. DoorDash's stock has been volatile since its IPO, but the company's Q3 earnings report shows an increase in year-over-year revenue.

European Wax Center Inc.

European Wax Center Inc., a US beauty and skincare company, had the most significant increase in percentage change in Wildcat's holdings, with a 714.9% change in position. The firm added over 606 thousand shares, bringing the total number of shares to over 661 thousand. The value of Wildcat's position increased from $1 million to $8 million. European Wax Center is a fast-growing company driven by a recent focus on expanding its online presence and e-commerce capabilities.

Conclusion

The report by Wildcat Capital Management shows impressive growth in several companies in its 13F holdings from Q3 to Q4 of 2022. While the growth in holdings and value is impressive, investors should note that this report only reveals what Wildcat held during that time and not if they made any significant trades after Q4. However, the growth seen in these companies indicates they have promising futures ahead.