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Center Lake Capital Management, LLC Buys Elastic NV, Microsoft Corp, ServiceNow Inc, Sells Meta Platforms Inc, Peloton Interactive Inc, Mastercard Inc

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Nov 16, 2021
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Investment company Center Lake Capital Management, LLC (Current Portfolio) buys Elastic NV, Microsoft Corp, ServiceNow Inc, Shopify Inc, Snowflake Inc, sells Meta Platforms Inc, Peloton Interactive Inc, Mastercard Inc, Coupa Software Inc, Chegg Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Center Lake Capital Management, LLC. As of 2021Q3, Center Lake Capital Management, LLC owns 16 stocks with a total value of $615 million. These are the details of the buys and sells.

For the details of Center Lake Capital Management, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/center+lake+capital+management%2C+llc/current-portfolio/portfolio

These are the top 5 holdings of Center Lake Capital Management, LLC
  1. Microsoft Corp (MSFT) - 320,000 shares, 14.67% of the total portfolio. Shares added by 20.75%
  2. Alphabet Inc (GOOGL) - 33,000 shares, 14.35% of the total portfolio. Shares added by 6.45%
  3. Adobe Inc (ADBE) - 120,000 shares, 11.23% of the total portfolio. Shares reduced by 7.69%
  4. Elastic NV (ESTC) - 450,000 shares, 10.90% of the total portfolio. Shares added by 56.33%
  5. Amazon.com Inc (AMZN) - 17,500 shares, 9.35% of the total portfolio. Shares reduced by 12.5%
New Purchase: Shopify Inc (SHOP)

Center Lake Capital Management, LLC initiated holding in Shopify Inc. The purchase prices were between $1346.55 and $1643.32, with an estimated average price of $1498.75. The stock is now traded at around $1688.850000. The impact to a portfolio due to this purchase was 1.6%. The holding were 7,250 shares as of 2021-09-30.

New Purchase: Snowflake Inc (SNOW)

Center Lake Capital Management, LLC initiated holding in Snowflake Inc. The purchase prices were between $236.75 and $324.08, with an estimated average price of $284.09. The stock is now traded at around $400.000000. The impact to a portfolio due to this purchase was 1.38%. The holding were 28,000 shares as of 2021-09-30.

New Purchase: Opendoor Technologies Inc (OPEN)

Center Lake Capital Management, LLC initiated holding in Opendoor Technologies Inc. The purchase prices were between $14.17 and $21, with an estimated average price of $16.75. The stock is now traded at around $21.580000. The impact to a portfolio due to this purchase was 1.17%. The holding were 350,000 shares as of 2021-09-30.

New Purchase: Netflix Inc (NFLX)

Center Lake Capital Management, LLC initiated holding in Netflix Inc. The purchase prices were between $510.72 and $610.34, with an estimated average price of $550.68. The stock is now traded at around $679.010000. The impact to a portfolio due to this purchase was 0.99%. The holding were 10,000 shares as of 2021-09-30.

Added: Elastic NV (ESTC)

Center Lake Capital Management, LLC added to a holding in Elastic NV by 56.33%. The purchase prices were between $138.84 and $171.49, with an estimated average price of $153.95. The stock is now traded at around $185.815000. The impact to a portfolio due to this purchase was 3.93%. The holding were 450,000 shares as of 2021-09-30.

Added: Microsoft Corp (MSFT)

Center Lake Capital Management, LLC added to a holding in Microsoft Corp by 20.75%. The purchase prices were between $271.6 and $305.22, with an estimated average price of $290.9. The stock is now traded at around $337.850100. The impact to a portfolio due to this purchase was 2.52%. The holding were 320,000 shares as of 2021-09-30.

Added: ServiceNow Inc (NOW)

Center Lake Capital Management, LLC added to a holding in ServiceNow Inc by 50.00%. The purchase prices were between $545.17 and $678.63, with an estimated average price of $605.78. The stock is now traded at around $686.155000. The impact to a portfolio due to this purchase was 2.02%. The holding were 60,000 shares as of 2021-09-30.

Added: Atlassian Corporation PLC (TEAM)

Center Lake Capital Management, LLC added to a holding in Atlassian Corporation PLC by 32.65%. The purchase prices were between $258.43 and $413.94, with an estimated average price of $333.64. The stock is now traded at around $438.500000. The impact to a portfolio due to this purchase was 1.02%. The holding were 65,000 shares as of 2021-09-30.

Added: Cloudflare Inc (NET)

Center Lake Capital Management, LLC added to a holding in Cloudflare Inc by 21.28%. The purchase prices were between $102.66 and $136.97, with an estimated average price of $119.44. The stock is now traded at around $210.020000. The impact to a portfolio due to this purchase was 0.92%. The holding were 285,000 shares as of 2021-09-30.

Sold Out: Meta Platforms Inc (FB)

Center Lake Capital Management, LLC sold out a holding in Meta Platforms Inc. The sale prices were between $336.95 and $382.18, with an estimated average price of $360.33.

Sold Out: Peloton Interactive Inc (PTON)

Center Lake Capital Management, LLC sold out a holding in Peloton Interactive Inc. The sale prices were between $85.4 and $126.43, with an estimated average price of $110.52.

Sold Out: Mastercard Inc (MA)

Center Lake Capital Management, LLC sold out a holding in Mastercard Inc. The sale prices were between $337.38 and $393.26, with an estimated average price of $363.45.

Sold Out: Coupa Software Inc (COUP)

Center Lake Capital Management, LLC sold out a holding in Coupa Software Inc. The sale prices were between $207.9 and $277.8, with an estimated average price of $235.75.

Sold Out: Chegg Inc (CHGG)

Center Lake Capital Management, LLC sold out a holding in Chegg Inc. The sale prices were between $67.96 and $89.9, with an estimated average price of $81.51.

Sold Out: Twilio Inc (TWLO)

Center Lake Capital Management, LLC sold out a holding in Twilio Inc. The sale prices were between $312.8 and $409.84, with an estimated average price of $364.56.



Here is the complete portfolio of Center Lake Capital Management, LLC. Also check out:

1. Center Lake Capital Management, LLC's Undervalued Stocks
2. Center Lake Capital Management, LLC's Top Growth Companies, and
3. Center Lake Capital Management, LLC's High Yield stocks
4. Stocks that Center Lake Capital Management, LLC keeps buying
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