# CYPRESS GROWTH FUND III LP

> Institutional holdings reported to the SEC as of Q3 2021 on Form 13F. CIK 925824. Source: https://holderbook.com/funds/925824-cypress-growth-fund-iii-lp/

- Reported value: $119.0M
- Positions: 32
- Weight of the ten largest: 49.7%
- Filed: 2021-10-26

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $7.8M | 20,000 | 6.6% | 4 |
| FIVE9 INC | [FIVN](https://holderbook.com/stocks/FIVN/) | $6.4M | 40,000 | 5.4% | 4 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $6.4M | 11,800 | 5.3% | 4 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $6.2M | 13,000 | 5.2% | 4 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $6.0M | 39,000 | 5.0% | 4 |
| ARISTA NETWORKS INC | [ANETXXXX](https://holderbook.com/stocks/ANETXXXX/) | $5.5M | 16,000 | 4.6% | 4 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $5.4M | 16,000 | 4.5% | 4 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $5.3M | 2,000 | 4.5% | 4 |
| LABORATORY CORP AMER HLDGS | [LH](https://holderbook.com/stocks/LH/) | $5.3M | 19,000 | 4.5% | 4 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $4.8M | 10,000 | 4.1% | 4 |
| NUANCE COMMUNICATIONS INC | [NUAN](https://holderbook.com/stocks/NUAN/) | $4.4M | 80,000 | 3.7% | 4 |
| RINGCENTRAL INC | [RNG](https://holderbook.com/stocks/RNG/) | $4.1M | 19,000 | 3.5% | 4 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $3.8M | 45,000 | 3.2% | 4 |
| WORKDAY INC | [WDAY](https://holderbook.com/stocks/WDAY/) | $3.7M | 15,000 | 3.1% | 4 |
| FIREEYE INC | [FEYE](https://holderbook.com/stocks/FEYE/) | $3.7M | 210,000 | 3.1% | 4 |
| AKAMAI TECHNOLOGIES INC | [AKAM](https://holderbook.com/stocks/AKAM/) | $3.7M | 35,000 | 3.1% | 4 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $3.4M | 10,000 | 2.9% | 4 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $3.4M | 20,160 | 2.8% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.2M | 1,203 | 2.7% | 4 |
| CLOUDERA INC | [CLDR](https://holderbook.com/stocks/CLDR/) | $3.2M | 200,500 | 2.7% | 4 |
| MAXLINEAR INC | [MXL](https://holderbook.com/stocks/MXL/) | $3.0M | 60,000 | 2.5% | 4 |
| CHEGG INC | [CHGG](https://holderbook.com/stocks/CHGG/) | $2.9M | 42,000 | 2.4% | 4 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $2.6M | 15,000 | 2.2% | 4 |
| NEW RELIC INC | [NEWR](https://holderbook.com/stocks/NEWR/) | $2.2M | 30,000 | 1.8% | 4 |
| UPWORK INC | [UPWK](https://holderbook.com/stocks/UPWK/) | $2.0M | 45,000 | 1.7% | 4 |
| OOMA INC | [OOMA](https://holderbook.com/stocks/OOMA/) | $1.9M | 100,000 | 1.6% | 4 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $1.8M | 12,000 | 1.5% | 4 |
| GREEN DOT CORP | [GDOT](https://holderbook.com/stocks/GDOT/) | $1.8M | 35,000 | 1.5% | 4 |
| NATUS MED INC DEL | [NTUS](https://holderbook.com/stocks/NTUS/) | $1.8M | 70,000 | 1.5% | 4 |
| SPLUNK INC | [SPLK](https://holderbook.com/stocks/SPLK/) | $1.7M | 12,000 | 1.5% | 4 |
| WALKME LTD | [WKME](https://holderbook.com/stocks/WKME/) | $1.5M | 50,000 | 1.3% | 1 |
| ZUORA INC | [ZUO](https://holderbook.com/stocks/ZUO/) | $207.0K | 12,500 | 0.2% | 4 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2021 | -2.0% | +0.3% | -2.3% | 97% |
| Q2 2021 | +10.7% | +8.0% | +2.7% | 98% |
| Q1 2021 | +1.2% | +6.0% | -4.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2021 | $119.0M | 32 |
| Q2 2021 | $119.9M | 31 |
| Q1 2021 | $115.9M | 35 |
| Q4 2020 | $116.1M | 33 |