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
+23.47%
1 Year Est. Return
-27.09%
3 Year Est. Return
-3.53%
5 Year Est. Return
-58.38%
10 Year Est. Return
–
AUM
$759M
AUM Growth
+$129M
Cap. Flow
-$5.89M
Cap. Flow %
-0.78%
Top 10 Hldgs %
100%
Holding
7
New
–
Increased
5
Reduced
2
Closed
–

Top Buys

Rank Stock Value
1
CPNG icon
Coupang
CPNG
+$41.3M
2
PPLI
People Inc
PPLI
+$12.4M
3
HLT icon
Hilton Worldwide
HLT
+$5.78M
4
INTU icon
Intuit
INTU
+$5.34M
5
BLND icon
Blend Labs
BLND
+$702K

Top Sells

Rank Stock Value
1
SE icon
Sea Limited
SE
+$60.8M
2
SNOW icon
Snowflake
SNOW
+$10.6M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 52.29%
2 Communication Services 29.03%
3 Technology 18.68%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PPLI
1
People Inc
PPLI
$2.86B
$220M 29.03%
5,204,880
+290,178
+6% +$12.4M
SE icon
2
Sea Limited
SE
$72B
$160M 21.02%
1,843,068
-889,977
-33% -$60.8M
CPNG icon
3
Coupang
CPNG
$29.6B
$144M 18.95%
8,990,248
+2,661,976
+42% +$41.3M
HLT icon
4
Hilton Worldwide
HLT
$73.5B
$93.5M 12.32%
663,713
+41,033
+7% +$5.78M
INTU icon
5
Intuit
INTU
$100B
$92.9M 12.24%
208,393
+13,012
+7% +$5.34M
SNOW icon
6
Snowflake
SNOW
$115B
$38.5M 5.07%
249,626
-72,456
-22% -$10.6M
BLND icon
7
Blend Labs
BLND
$360M
$10.3M 1.36%
10,386,061
+457,899
+5% +$702K

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 Q1 2023 Portfolio in Review

As of Q1 2023, Dennis Hong held 7 positions worth $759M, up 21% from $630M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Trading was light in Q1 2023: portfolio turnover was 0%. Dennis Hong opened no new positions and made no exits, leaving the 7-position portfolio largely intact.

By sector, the portfolio is most concentrated in Consumer Discretionary at 52% of assets, up from 50% a quarter earlier, followed by Communication Services and Technology.

  • Dennis Hong added most to Coupang in Q1 2023, an estimated $41.3M increase.
  • Dennis Hong's biggest Q1 2023 reduction was Sea Limited, cutting an estimated $60.8M.
  • Dennis Hong's ten largest holdings make up 100% of its $759M portfolio in Q1 2023.
  • Dennis Hong opened 0 new positions and closed 0 in Q1 2023.
  • Dennis Hong's portfolio value rose 21% quarter-over-quarter to $759M.

Based on ShawSpring Partners's 13F filing for Q1 2023, filed 12 May 2023.