Latest Shannon River Fund Management LLC Stock Portfolio
Shannon River Fund Management LLC Performance:
2024 Q4: 17%YTD: 38.37%2023: 60.39%
Performance for 2024 Q4 is 17%, and YTD is 38.37%, and 2023 is 60.39%.
About Shannon River Fund Management LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Shannon River Fund Management LLC reported an equity portfolio of $677.6 Millions as of 31 Dec, 2024.
The top stock holdings of Shannon River Fund Management LLC are PEGA, IDCC, MRVL. The fund has invested 11% of it's portfolio in PEGASYSTEMS INC and 10.9% of portfolio in INTERDIGITAL INC.
The fund managers got completely rid off WIX COM LTD, COGNEX CORP (CGNX) and ADOBE INC (ADBE) stocks. They significantly reduced their stock positions in GUIDEWIRE SOFTWARE INC (GWRE), INFORMATICA INC (INFA) and TALKSPACE INC (TALK). Shannon River Fund Management LLC opened new stock positions in BLACKLINE INC (BL), GLOBAL PMTS INC (GPN) and CONFLUENT INC (CFLT). The fund showed a lot of confidence in some stocks as they added substantially to PEGASYSTEMS INC (PEGA).
The top stock holdings of Shannon River Fund Management LLC are PEGA, IDCC, MRVL. The fund has invested 11% of it's portfolio in PEGASYSTEMS INC and 10.9% of portfolio in INTERDIGITAL INC.
The fund managers got completely rid off WIX COM LTD, COGNEX CORP (CGNX) and ADOBE INC (ADBE) stocks. They significantly reduced their stock positions in GUIDEWIRE SOFTWARE INC (GWRE), INFORMATICA INC (INFA) and TALKSPACE INC (TALK). Shannon River Fund Management LLC opened new stock positions in BLACKLINE INC (BL), GLOBAL PMTS INC (GPN) and CONFLUENT INC (CFLT). The fund showed a lot of confidence in some stocks as they added substantially to PEGASYSTEMS INC (PEGA).
Shannon River Fund Management LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Shannon River Fund Management LLC made a return of 17% in the last quarter. In trailing 12 months, it's portfolio return was 38.37%.
New Buys
| Ticker | $ Bought |
|---|---|
| wix com ltd | 64,675,200 |
| blackline inc | 19,826,800 |
| global pmts inc | 17,745,400 |
| confluent inc | 10,038,200 |
| ncr atleos corporation | 9,938,560 |
| docusign inc | 899,400 |
New stocks bought by Shannon River Fund Management LLC
Additions
| Ticker | % Inc. |
|---|---|
| pegasystems inc | 1.27 |
Additions to existing portfolio by Shannon River Fund Management LLC
Reductions
| Ticker | % Reduced |
|---|---|
| guidewire software inc | -62.58 |
| informatica inc | -61.14 |
| talkspace inc | -34.14 |
| clearwater analytics hldgs i | -23.93 |
| flex ltd | -21.00 |
| interdigital inc | -19.17 |
| tower semiconductor ltd | -18.86 |
| marvell technology inc | -6.4 |
Shannon River Fund Management LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| cognex corp | -43,291,800 |
| celestica inc | -28,291,100 |
| dynatrace inc | -26,817,100 |
| wix com ltd | -49,551,000 |
| squarespace inc | -12,274,200 |
| universal technical inst inc. | -3,377,560 |
| adobe inc | -40,065,300 |
Shannon River Fund Management LLC got rid off the above stocks
Sector Distribution
Shannon River Fund Management LLC has about 58.6% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 58.6 |
| Others | 16.6 |
| Communication Services | 14.8 |
| Financial Services | 4.6 |
| Industrials | 3.5 |
| Healthcare | 2 |
Market Cap. Distribution
Shannon River Fund Management LLC has about 32.4% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 49 |
| LARGE-CAP | 32.4 |
| UNALLOCATED | 16.6 |
| SMALL-CAP | 2 |
Stocks belong to which Index?
About 26.8% of the stocks held by Shannon River Fund Management LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 73.2 |
| RUSSELL 2000 | 18.7 |
| S&P 500 | 8.1 |
Shannon River Fund Management LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Shannon River Fund Management LLC
Shannon River Fund Management LLC has 16 stocks in it's portfolio. About 65.5% of the portfolio is in top 10 stocks. GWRE proved to be the most loss making stock for the portfolio. MRVL was the most profitable stock for Shannon River Fund Management LLC last quarter.
Last Reported on: 13 Feb, 2025| Ticker | Namesorted descending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| PEGA | pegasystems inc | 10.98 | 798,356 | 74,406,800 | added | 1.27 | ||
| IDCC | interdigital inc | 10.91 | 381,645 | 73,932,300 | reduced | -19.17 | ||
| MRVL | marvell technology inc | 10.63 | 652,207 | 72,036,300 | reduced | -6.4 | ||
| wix com ltd | 9.54 | 301,446 | 64,675,200 | new | ||||
| TSEM | tower semiconductor ltd | 8.25 | 1,085,890 | 55,934,200 | reduced | -18.86 | ||
| CWAN | clearwater analytics hldgs i | 7.57 | 1,862,810 | 51,264,600 | reduced | -23.93 | ||
| FLEX | flex ltd | 5.72 | 1,009,060 | 38,737,700 | reduced | -21.00 | ||
| PYPL | paypal hldgs inc | 3.39 | 269,470 | 22,999,300 | reduced | -3.38 | ||
| BL | blackline inc | 2.93 | 326,313 | 19,826,800 | new | |||
| GPN | global pmts inc | 2.62 | 158,356 | 17,745,400 | new | |||
| maplebear inc | 2.53 | 414,065 | 17,150,600 | reduced | -5.97 | |||
| INFA | informatica inc | 2.38 | 622,431 | 16,139,600 | reduced | -61.14 | ||
| CFLT | confluent inc | 1.48 | 359,019 | 10,038,200 | new | |||
| GWRE | guidewire software inc | 1.48 | 59,532 | 10,035,900 | reduced | -62.58 | ||
| TALK | talkspace inc | 1.47 | 3,226,600 | 9,970,190 | reduced | -34.14 | ||
| ncr atleos corporation | 1.47 | 293,000 | 9,938,560 | new | ||||
| DOCU | docusign inc | 0.13 | 10,000 | 899,400 | new | |||
| wix com ltd | 0.00 | 0.00 | 0.00 | sold off | -100 | |||
| UTI | universal technical inst inc. | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| SQSP | squarespace inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
