We are live on ! Find out more
SHIM

Spruce House Investment Management Portfolio holdings

AUM $2.8B
1-Year Est. Return 65.68%
This Fund
S&P 500
This Quarter Est. Return
-40.24%
1 Year Est. Return
+65.68%
3 Year Est. Return
+1,495.01%
5 Year Est. Return
+378.3%
10 Year Est. Return
+4,584.23%
AUM
$1.58B
AUM Growth
-$1.48B
Cap. Flow
-$357M
Cap. Flow %
-22.57%
Top 10 Hldgs %
100%
Holding
7
New
–
Increased
1
Reduced
3
Closed
1

Top Buys

Rank Stock Value
1
W icon
Wayfair
W
+$19.1M

Top Sells

Rank Stock Value
1
XPO icon
XPO
XPO
+$230M
2
CVNA icon
Carvana
CVNA
+$98.9M
3
IBP icon
Installed Building Products
IBP
+$27.7M
4
CIGI icon
Colliers International
CIGI
+$19.5M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 39.5%
2 Industrials 35.22%
3 Real Estate 17.31%
4 Communication Services 7.97%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
XPO icon
1
XPO
XPO
$23.7B
$432M 27.3%
25,642,200
-8,620,819
-25% -$230M
W icon
2
Wayfair
W
$14.6B
$387M 24.46%
7,250,000
+250,000
+4% +$19.1M
CIGI icon
3
Colliers International
CIGI
$5.19B
$274M 17.31%
5,725,143
-260,100
-4% -$19.5M
CVNA icon
4
Carvana
CVNA
$77.9B
$238M 15.04%
21,611,110
-6,388,890
-23% -$98.9M
GTT
5
DELISTED
GTT Communications, Inc.
GTT
$126M 7.97%
15,875,000
– –
CMPR icon
6
Cimpress
CMPR
$2.31B
$125M 7.92%
2,358,904
– –
IBP icon
7
Installed Building Products
IBP
$6.49B
– –
-402,500
Closed -$27.7M

Similar funds

HCC
Hill City Capital Boston, Massachusetts $2.8B AUM 79.27% 1-Year Est. Return
GI
GLOBALT Investments Atlanta, Georgia $2.8B AUM 21.13% 1-Year Est. Return
AGA
Altrinsic Global Advisors Stamford, Connecticut $2.79B AUM 7.25% 1-Year Est. Return
MC
Maplelane Capital New York $2.79B AUM 52.02% 1-Year Est. Return
AF
Aviso Financial Toronto, Ontario, Canada $2.82B AUM 24.96% 1-Year Est. Return
ISL
Ingalls & Snyder LLC New York $2.83B AUM 21.61% 1-Year Est. Return
GS
GTS Securities New York $2.83B AUM 21.76% 1-Year Est. Return
SAM
Smartleaf Asset Management Boston, Massachusetts $2.77B AUM 22% 1-Year Est. Return

Spruce House Investment Management's Q1 2020 Portfolio in Review

As of Q1 2020, Spruce House Investment Management held 7 positions worth $1.58B, down 48% from $3.06B the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Spruce House Investment Management withdrew a net $357M in Q1 2020, closing 1 position and reducing 3 holdings. Its most notable exit was Installed Building Products, an estimated $27.7M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 40% of assets, up from 38% a quarter earlier, followed by Industrials and Real Estate.

Against the trend, Spruce House Investment Management added an estimated $19.1M to Wayfair.

  • Spruce House Investment Management added most to Wayfair in Q1 2020, an estimated $19.1M increase.
  • Spruce House Investment Management's biggest Q1 2020 reduction was XPO, cutting an estimated $230M.
  • Spruce House Investment Management fully exited Installed Building Products in Q1 2020, selling an estimated $27.7M.
  • Spruce House Investment Management's ten largest holdings make up 100% of its $1.58B portfolio in Q1 2020.
  • Spruce House Investment Management opened 0 new positions and closed 1 in Q1 2020.
  • Spruce House Investment Management's portfolio value fell 48% quarter-over-quarter to $1.58B.

Based on Spruce House Investment Management's 13F filing for Q1 2020, filed 15 May 2020.