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 July 26, 2024
| Tesla, Inc. (TSLA) | 4.85% | $703.62B | 2.30% | 17.95% | 7.04 |
| ServiceNow, Inc. (NOW) | 4.46% | $169.90B | 22.19% | 78.99% | 16.10 |
| Atlassian Corp. (TEAM) | 4.41% | $28.39B | 29.90% | 81.72% | 12.05 |
| MercadoLibre, Inc. (MELI) | 4.17% | $82.39B | 42.67% | 46.71% | 4.81 |
| Nu Holdings Ltd. (NU) | 4.09% | $45.74B | 83.66% | 69.82% | 6.55 |
| Snowflake, Inc. (SNOW) | 4.08% | $43.39B | 32.89% | 65.71% | 16.11 |
| Datadog, Inc. (DDOG) | 4.07% | $37.11B | 26.89% | 81.95% | 18.68 |
| Rivian Automotive, Inc. (RIVN) | 4.06% | $16.05B | 82.15% | -8.31% | 1.53 |
| The Trade Desk, Inc. (TTD) | 3.82% | $40.46B | 28.33% | 78.90% | 20.62 |
| NVIDIA Corp. (NVDA) | 3.61% | $2.76T | 262.12% | 78.35% | 27.12 |
| Advanced Micro Devices, Inc. (AMD) | 3.51% | $223.57B | 2.24% | 39.61% | 12.84 |
| Samsara, Inc. (IOT) | 3.31% | $8.08B | 37.40% | 75.55% | 20.09 |
| Mobileye Global, Inc. (MBLY) | 3.19% | $2.00B | -47.82% | 22.59% | 13.27 |
| Gitlab, Inc. (GTLB) | 3.15% | $7.09B | 33.35% | 88.90% | 11.71 |
| MongoDB, Inc. (MDB) | 2.88% | $18.80B | 22.34% | 72.17% | 14.62 |
| Paycom Software, Inc. (PAYC) | 2.88% | $9.47B | 10.68% | 77.69% | 6.25 |
| Bill Holdings, Inc. (BILL) | 2.83% | $5.61B | 18.52% | 78.37% | 5.56 |
| Procore Technologies, Inc. (PCOR) | 2.82% | $9.90B | 26.18% | 81.74% | 11.22 |
| monday.com Ltd. (MNDY) | 2.74% | $11.75B | 33.69% | 89.19% | 13.49 |
| CrowdStrike Holdings, Inc. (CRWD) | 2.72% | $58.68B | 32.99% | 75.47% | 21.41 |
| Zscaler, Inc. (ZS) | 2.61% | $27.51B | 32.09% | 78.47% | 12.63 |
| Toast, Inc. (TOST) | 2.60% | $11.32B | 31.26% | 23.16% | 3.05 |
| DraftKings, Inc. (DKNG) | 2.24% | $17.34B | 52.67% | 39.57% | 5.32 |
| HubSpot, Inc. (HUBS) | 2.20% | $25.27B | 23.08% | 84.60% | 13.79 |
| SentinelOne, Inc. (S) | 1.83% | $6.62B | 39.70% | 73.10% | 8.49 |
| Braze, Inc. (BRZE) | 1.76% | $3.22B | 33.09% | 67.11% | 7.56 |
| Schrödinger, Inc. (SDGR) | 1.73% | $1.42B | -43.51% | 51.61% | 8.71 |
| Sprout Social, Inc. (SPT) | 1.71% | $1.90B | 28.68% | 76.83% | 9.37 |
| JFrog Ltd. (FROG) | 1.70% | $4.14B | 25.67% | 79.09% | 11.27 |
| Smartsheet, Inc. (SMAR) | 1.65% | $6.52B | 19.60% | 81.63% | 4.57 |
| HashiCorp, Inc. (HCP) | 1.46% | $5.12B | 16.38% | 81.12% | 8.56 |
| CyberArk Software Ltd. (CYBR) | 1.45% | $11.08B | 37.01% | 80.80% | 15.00 |
| ACV Auctions, Inc. (ACVA) | 1.44% | $2.58B | 21.79% | 47.62% | 5.66 |
| Shift4 Payments, Inc. (FOUR) | 1.42% | $4.25B | 29.32% | 20.21% | 2.16 |
| Affirm Holdings, Inc. (AFRM) | 1.32% | $6.98B | 51.23% | 84.69% | 7.47 |
| Duolingo, Inc. (DUOL) | 1.22% | $6.23B | 44.87% | 72.30% | 16.59 |
