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Immersion Capital Portfolio holdings
AUM
$87.4M
1-Year Est. Return
12.04%
This Fund
S&P 500
This Quarter
Est. Return
-20.8%
1 Year Est. Return
+12.04%
3 Year Est. Return
+63.37%
5 Year Est. Return
+56.74%
10 Year Est. Return
+797.07%
AUM
$306M
AUM Growth
-$439M
(-59%)
Cap. Flow
-$327M
Cap. Flow
% of AUM
-106.97%
Top 10 Holdings %
Top 10 Hldgs %
100%
Holding
8
New
1
Increased
–
Reduced
3
Closed
4
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ryanair
RYAAY
|
+$41.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$102M |
| 2 |
Netflix
NFLX
|
+$88.7M |
| 3 |
ServiceNow
NOW
|
+$57.2M |
| 4 |
Salesforce
CRM
|
+$45.6M |
| 5 |
Microsoft
MSFT
|
+$36.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 58.76% |
| 2 | Communication Services | 30.35% |
| 3 | Industrials | 10.89% |
| 4 | Real Estate | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Salesforce
CRM
$151B
| $106M | 34.69% |
643,192
-258,050
| -29% | -$45.6M |
|
|
2
Alphabet (Google) Class A
GOOGL
$4.36T
| $92.9M | 30.35% |
852,520
-866,100
| -50% | -$102M |
|
|
3
Microsoft
MSFT
$3.45T
| $73.7M | 24.07% |
286,820
-133,200
| -32% | -$36.2M |
|
|
4
Ryanair
RYAAY
$30.4B
| $33.3M | 10.89% |
+1,238,750
| New | +$41.5M |
|
5
Compass
COMP
$8.51B
| – | – |
-4,575,499
| Closed | -$36M |
|
|
6
Netflix
NFLX
$299B
| – | – |
-2,368,900
| Closed | -$88.7M |
|
|
7
ServiceNow
NOW
$115B
| – | – |
-513,625
| Closed | -$57.2M |
|
8
Uber
UBER
$143B
| – | – |
-91,200
| Closed | -$3.25M |
|
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Immersion Capital's Q2 2022 Portfolio in Review
As of Q2 2022, Immersion Capital held 8 positions worth $306M, down 59% from $745M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Immersion Capital withdrew a net $327M in Q2 2022, closing 4 positions and reducing 3 holdings. Its most notable exit was Netflix, an estimated $88.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 59% of assets, up from 51% a quarter earlier, followed by Communication Services and Industrials.
Against the trend, Immersion Capital opened a new position in Ryanair worth $33.3M.
- Immersion Capital's largest Q2 2022 buy was Ryanair: 1,238,750 shares worth $33.3M.
- Immersion Capital's biggest Q2 2022 reduction was Alphabet (Google) Class A, cutting an estimated $102M.
- Immersion Capital fully exited Netflix in Q2 2022, selling an estimated $88.7M.
- Immersion Capital's ten largest holdings make up 100% of its $306M portfolio in Q2 2022.
- Immersion Capital opened 1 new position and closed 4 in Q2 2022.
- Immersion Capital's portfolio value fell 59% quarter-over-quarter to $306M.
Based on Immersion Capital's 13F filing for Q2 2022, filed 15 Aug 2022.