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
+10.41%
1 Year Est. Return
-27.09%
3 Year Est. Return
-3.53%
5 Year Est. Return
-58.38%
10 Year Est. Return
–
AUM
$779M
AUM Growth
+$170M
Cap. Flow
+$113M
Cap. Flow %
14.51%
Top 10 Hldgs %
100%
Holding
8
New
2
Increased
1
Reduced
5
Closed
–

Top Buys

Rank Stock Value
1
FOUR icon
Shift4
FOUR
+$120M
2
MNDY icon
monday.com
MNDY
+$92.5M
3
BLND icon
Blend Labs
BLND
+$620K

Top Sells

Rank Stock Value
1
SE icon
Sea Limited
SE
+$37.5M
2
PPLI
People Inc
PPLI
+$26.3M
3
CPNG icon
Coupang
CPNG
+$22.5M
4
INTU icon
Intuit
INTU
+$10.5M
5
HLT icon
Hilton Worldwide
HLT
+$3.44M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 39.95%
2 Technology 38.9%
3 Communication Services 21.15%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PPLI
1
People Inc
PPLI
$2.86B
$165M 21.15%
3,762,890
-609,181
-14% -$26.3M
HLT icon
2
Hilton Worldwide
HLT
$73.5B
$122M 15.63%
570,709
-17,513
-3% -$3.44M
FOUR icon
3
Shift4
FOUR
$3.78B
$105M 13.55%
+1,596,421
New +$120M
SE icon
4
Sea Limited
SE
$72B
$102M 13.04%
1,890,307
-815,007
-30% -$37.5M
MNDY icon
5
monday.com
MNDY
$3.84B
$98.5M 12.64%
+435,896
New +$92.5M
CPNG icon
6
Coupang
CPNG
$29.6B
$87.8M 11.28%
4,936,033
-1,375,159
-22% -$22.5M
INTU icon
7
Intuit
INTU
$100B
$85.3M 10.95%
131,169
-16,408
-11% -$10.5M
BLND icon
8
Blend Labs
BLND
$360M
$13.8M 1.77%
4,230,861
+230,092
+6% +$620K

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 2024 Portfolio in Review

As of Q1 2024, Dennis Hong held 8 positions worth $779M, up 28% from $609M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Dennis Hong deployed $113M of net new capital in Q1 2024, opening 2 new positions and adding to 1 existing holding. Its largest new stake was Shift4: 1,596,421 shares worth $105M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 40% of assets, down from 52% a quarter earlier, followed by Technology and Communication Services.

On the sell side, the largest reduction was Sea Limited, an estimated $37.5M trimmed.

  • Dennis Hong's largest Q1 2024 buy was Shift4: 1,596,421 shares worth $105M.
  • Dennis Hong added most to Blend Labs in Q1 2024, an estimated $620K increase.
  • Dennis Hong's biggest Q1 2024 reduction was Sea Limited, cutting an estimated $37.5M.
  • Dennis Hong's ten largest holdings make up 100% of its $779M portfolio in Q1 2024.
  • Dennis Hong opened 2 new positions and closed 0 in Q1 2024.
  • Dennis Hong's portfolio value rose 28% quarter-over-quarter to $779M.

Based on ShawSpring Partners's 13F filing for Q1 2024, filed 14 May 2024.