We are live on ! Find out more
DH

Dennis Hong ShawSpring Partners

AUM $232M
1-Year Est. Return 27.09%
 

Dennis Hong is the founder of ShawSpring Partners, a concentrated investment firm focused on high-quality growth businesses, often in technology-enabled industries. The portfolio typically features a limited number of positions held with a multi-year horizon. Hong’s firm is followed by investors who track small, research-intensive growth managers.

This Fund
S&P 500
This Quarter Est. Return
-5.5%
1 Year Est. Return
-27.09%
3 Year Est. Return
-3.53%
5 Year Est. Return
-58.38%
10 Year Est. Return
–
AUM
$959M
AUM Growth
-$94M
Cap. Flow
-$35.1M
Cap. Flow %
-3.67%
Top 10 Hldgs %
100%
Holding
6
New
–
Increased
3
Reduced
2
Closed
1

Top Buys

Rank Stock Value
1
PPLI
People Inc
PPLI
+$136M
2
VMEO
Vimeo
VMEO
+$9.11M
3
ANGI icon
Angi Inc
ANGI
+$1.31M

Top Sells

Rank Stock Value
1
SE icon
Sea Limited
SE
+$105M
2
MTCH icon
Match Group
MTCH
+$62.1M
3
XYZ
Block Inc
XYZ
+$14.3M

Sector Composition

Rank Sector Weight
1 Communication Services 44.83%
2 Consumer Discretionary 30.86%
3 Technology 24.31%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PPLI
1
People Inc
PPLI
$2.86B
$379M 39.51%
3,543,477
+1,231,381
+53% +$136M
SE icon
2
Sea Limited
SE
$72B
$296M 30.86%
925,913
-342,014
-27% -$105M
XYZ
3
Block Inc
XYZ
$49.4B
$146M 15.27%
610,340
-55,500
-8% -$14.3M
VMEO
4
DELISTED
Vimeo
VMEO
$86.7M 9.05%
2,952,085
+230,999
+8% +$9.11M
ANGI icon
5
Angi Inc
ANGI
$200M
$51M 5.32%
413,312
+11,400
+3% +$1.31M
MTCH icon
6
Match Group
MTCH
$9.38B
– –
-384,962
Closed -$62.1M

Similar funds

LC
Lavelle Capital San Francisco, California $232M AUM
EMB
Elefante Mark B $232M AUM 39.33% 1-Year Est. Return
AGC
ARP Global Capital Dubai $232M AUM
JHWEPV
J.H. Whitney Equity Partners VII New Canaan, Connecticut $232M AUM 63.86% 1-Year Est. Return
TGV
TRV GP VI Boston, Massachusetts $232M AUM 247.08% 1-Year Est. Return
EM
ELCO Management New York $232M AUM 29.06% 1-Year Est. Return
2
2Xideas Kusnacht, Switzerland $232M AUM 4.22% 1-Year Est. Return
OPOWM
One Plus One Wealth Management Jupiter, Florida $232M AUM 28.06% 1-Year Est. Return

Dennis Hong's Q3 2021 Portfolio in Review

As of Q3 2021, Dennis Hong held 6 positions worth $959M, down 8.9% from $1.05B the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Dennis Hong withdrew a net $35.1M in Q3 2021, closing 1 position and reducing 2 holdings. Its most notable exit was Match Group, an estimated $62.1M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 45% of assets, up from 39% a quarter earlier, followed by Consumer Discretionary and Technology.

Against the trend, Dennis Hong added an estimated $136M to People Inc.

  • Dennis Hong added most to People Inc in Q3 2021, an estimated $136M increase.
  • Dennis Hong's biggest Q3 2021 reduction was Sea Limited, cutting an estimated $105M.
  • Dennis Hong fully exited Match Group in Q3 2021, selling an estimated $62.1M.
  • Dennis Hong's ten largest holdings make up 100% of its $959M portfolio in Q3 2021.
  • Dennis Hong opened 0 new positions and closed 1 in Q3 2021.
  • Dennis Hong's portfolio value fell 8.9% quarter-over-quarter to $959M.

Based on ShawSpring Partners's 13F filing for Q3 2021, filed 12 Nov 2021.