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 29, 2023
| Mobileye Global, Inc. (MBLY) | 4.74% | $3.912B | N/A | 45.59% | 15.49x |
| Advanced Micro Devices, Inc. (AMD) | 4.36% | $166.123B | -18.18% | 36.61% | 8.32x |
| CrowdStrike Holdings, Inc. (CRWD) | 4.35% | $37.837B | 36.71% | 74.93% | 13.93x |
| Atlassian Corp. (TEAM) | 4.27% | $30.606B | 23.59% | 81.68% | 11.93x |
| NVIDIA Corp. (NVDA) | 4.26% | $1,074.425B | 101.48% | 70.05% | 35.59x |
| Nu Holdings Ltd. (NU) | 4.24% | $26.121B | 77.36% | 68.18% | 6.05x |
| ServiceNow, Inc. (NOW) | 4.15% | $114.196B | 22.72% | 78.09% | 14.08x |
| Datadog, Inc. (DDOG) | 4.15% | $27.242B | 25.44% | 79.97% | 16.02x |
| Snowflake, Inc. (SNOW) | 4.05% | $50.368B | 35.55% | 65.93% | 22.40x |
| The Trade Desk, Inc. (TTD) | 4.03% | $34.868B | 23.16% | 81.33% | 21.58x |
| Tesla, Inc. (TSLA) | 3.92% | $794.197B | 47.20% | 18.19% | 9.51x |
| MercadoLibre, Inc. (MELI) | 3.91% | $63.511B | 31.50% | 50.37% | 4.95x |
| Procore Technologies, Inc. (PCOR) | 2.81% | $9.301B | 32.71% | 79.83% | 10.44x |
| Rivian Automotive, Inc. (RIVN) | 2.77% | $22.831B | 207.97% | -42.37% | 2.86x |
| Zscaler, Inc. (ZS) | 2.75% | $22.898B | 43.06% | 77.42% | 13.97x |
| Bill Holdings, Inc. (BILL) | 2.73% | $11.574B | 47.83% | 76.86% | 10.96x |
| monday.com Ltd. (MNDY) | 2.69% | $7.601B | 42.00% | 88.89% | 11.74x |
| HubSpot, Inc. (HUBS) | 2.65% | $24.633B | 25.46% | 83.50% | 13.23x |
| MongoDB, Inc. (MDB) | 2.63% | $24.675B | 39.56% | 74.60% | 19.73x |
| DraftKings, Inc. (DKNG) | 2.61% | $13.659B | 87.68% | 41.67% | 4.16x |
| Paycom Software, Inc. (PAYC) | 2.57% | $15.677B | 26.57% | 72.93% | 11.64x |
| Toast, Inc. (TOST) | 2.57% | $7.695B | 44.89% | 21.27% | 3.31x |
| Gitlab, Inc. (GTLB) | 2.55% | $4.707B | 38.14% | 89.50% | 13.31x |
| Samsara, Inc. (IOT) | 2.47% | $4.520B | 42.82% | 73.15% | 18.10x |
| Duolingo, Inc. (DUOL) | 1.61% | $5.868B | 43.51% | 72.39% | 13.67x |
| Sprout Social, Inc. (SPT) | 1.56% | $2.416B | 29.11% | 77.01% | 8.29x |
| Braze, Inc. (BRZE) | 1.55% | $3.140B | 33.64% | 69.18% | 9.77x |
| SentinelOne, Inc. (S) | 1.55% | $4.083B | 45.77% | 70.11% | 7.97x |
| ACV Auctions, Inc. (ACVA) | 1.51% | $2.051B | 7.95% | 45.55% | 5.27x |
| CyberArk Software Ltd. (CYBR) | 1.49% | $6.719B | 23.55% | 78.92% | 9.36x |
| Smartsheet, Inc. (SMAR) | 1.49% | $5.467B | 26.19% | 80.03% | 6.28x |
| Shift4 Payments, Inc. (FOUR) | 1.46% | $3.127B | 25.72% | 20.57% | 2.32x |
| JFrog Ltd. (FROG) | 1.45% | $2.632B | 24.13% | 77.55% | 7.67x |
| HashiCorp, Inc. (HCP) | 1.41% | $2.497B | 25.81% | 79.52% | 8.25x |
| Affirm Holdings, Inc. (AFRM) | 1.35% | $5.098B | 22.43% | 84.02% | 5.50x |
| Schrödinger, Inc. (SDGR) | 1.32% | $1.773B | -8.53% | 39.25% | 17.10x |
