Index Performance
Overview
Description
The Deepwater Public Private Index aims to track the performance of public tech companies with characteristics similar to pre-IPO private companies. The index benchmarks market optimism for new tech IPOs and late stage private valuations. The DPPI is constructed with companies that meet characteristics we believe reflect investor expectations for tech IPOs: - 20%+ forward year revenue growth - Forward year revenue over $200 million - $2 billion or greater market capitalization The DPPI is tier weighted — 50% of the index weight goes to the 1/3 of companies in the index with the largest market cap, 32% goes to the middle 1/3 of market cap, and 18% goes to the bottom 1/3 of market cap. The DPPI is reconstituted and rebalanced quarterly.
- TickerDPPI
- Inception Date08/27/2023
- WeightingCustom
- # of holdings36
What's inside?
Holdings
All holdings as of September 13, 2024
| MercadoLibre, Inc. (MELI) | 5.27% | $107.60B | 48.55% | 46.62% | 4.72 |
| Tesla, Inc. (TSLA) | 5.00% | $735.69B | 2.30% | 17.95% | 7.04 |
| Nu Holdings Ltd. (NU) | 4.78% | $54.51B | 58.42% | 70.56% | 6.15 |
| ServiceNow, Inc. (NOW) | 4.66% | $181.06B | 22.19% | 78.99% | 16.10 |
| The Trade Desk, Inc. (TTD) | 4.31% | $47.22B | 25.91% | 81.10% | 21.88 |
| Samsara, Inc. (IOT) | 4.11% | $10.63B | 36.92% | 75.56% | 17.38 |
| Atlassian Corp. (TEAM) | 4.00% | $26.20B | 23.31% | 81.30% | 10.27 |
| Advanced Micro Devices, Inc. (AMD) | 3.75% | $246.51B | 8.88% | 42.71% | 11.28 |
| NVIDIA Corp. (NVDA) | 3.74% | $2.92T | 122.40% | 75.15% | 28.91 |
| Datadog, Inc. (DDOG) | 3.69% | $33.99B | 26.66% | 80.83% | 18.49 |
| Snowflake, Inc. (SNOW) | 3.53% | $38.10B | 28.90% | 65.47% | 12.68 |
| Rivian Automotive, Inc. (RIVN) | 3.33% | $13.51B | 3.30% | -45.08% | 2.28 |
| MongoDB, Inc. (MDB) | 3.24% | $21.43B | 12.82% | 73.15% | 9.63 |
| Gitlab, Inc. (GTLB) | 3.16% | $7.44B | 30.81% | 88.30% | 11.25 |
| Paycom Software, Inc. (PAYC) | 2.93% | $9.73B | 9.07% | 72.83% | 4.37 |
| monday.com Ltd. (MNDY) | 2.89% | $12.75B | 34.40% | 89.94% | 13.42 |
| Bill Holdings, Inc. (BILL) | 2.74% | $5.54B | 21.89% | 77.29% | 3.73 |
| CrowdStrike Holdings, Inc. (CRWD) | 2.70% | $60.30B | 31.74% | 75.27% | 15.66 |
| Toast, Inc. (TOST) | 2.61% | $12.07B | 26.99% | 23.03% | 3.18 |
| Zscaler, Inc. (ZS) | 2.41% | $25.93B | 34.07% | 77.87% | 11.84 |
| Procore Technologies, Inc. (PCOR) | 2.29% | $8.57B | 24.42% | 81.74% | 8.56 |
| DraftKings, Inc. (DKNG) | 2.29% | $18.35B | 26.23% | 39.93% | 4.37 |
| HubSpot, Inc. (HUBS) | 2.16% | $25.22B | 20.43% | 85.01% | 12.16 |
| Affirm Holdings, Inc. (AFRM) | 2.11% | $11.77B | 46.29% | 85.22% | 5.88 |
| SentinelOne, Inc. (S) | 1.77% | $6.60B | 33.14% | 74.52% | 8.85 |
| Smartsheet, Inc. (SMAR) | 1.75% | $7.26B | 17.33% | 81.96% | 5.86 |
| Shift4 Payments, Inc. (FOUR) | 1.67% | $5.41B | 29.83% | 22.38% | 2.30 |
| Mobileye Global, Inc. (MBLY) | 1.61% | $1.09B | -3.30% | 47.61% | 11.61 |
| ACV Auctions, Inc. (ACVA) | 1.60% | $3.02B | 29.31% | 45.41% | 5.28 |
| Duolingo, Inc. (DUOL) | 1.58% | $8.56B | 40.59% | 72.72% | 14.40 |
| Schrödinger, Inc. (SDGR) | 1.58% | $1.32B | 34.51% | 66.20% | 5.73 |
| CyberArk Software Ltd. (CYBR) | 1.50% | $11.72B | 27.79% | 79.91% | 12.68 |
| HashiCorp, Inc. (HCP) | 1.45% | $5.31B | 15.28% | 81.71% | 8.77 |
| Braze, Inc. (BRZE) | 1.41% | $2.90B | 26.40% | 70.16% | 7.56 |
| Sprout Social, Inc. (SPT) | 1.20% | $1.40B | 25.32% | 77.46% | 5.28 |
| JFrog Ltd. (FROG) | 1.18% | $3.09B | 22.42% | 78.42% | 9.04 |
