Latest Spyglass Capital Management LLC Stock Portfolio

Spyglass Capital Management LLC Performance:

2024 Q4: 13.71%YTD: 24.67%2023: 39.22%

Performance for 2024 Q4 is 13.71%, and YTD is 24.67%, and 2023 is 39.22%.

About Spyglass Capital Management LLC and 13F Hedge Fund Stock Holdings

Spyglass Capital Management LLC is a hedge fund based in SAN FRANCISCO, CA. On 03-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.3 Billions. In it's latest 13F Holdings report, Spyglass Capital Management LLC reported an equity portfolio of $1.8 Billions as of 31 Dec, 2024.

The top stock holdings of Spyglass Capital Management LLC are AFRM, APP, FOUR. The fund has invested 5.8% of it's portfolio in AFFIRM HLDGS INC and 5.7% of portfolio in APPLOVIN CORP.

The fund managers got completely rid off ASCENDIS PHARMA A/S and TRANSDIGM GROUP INC (TDG) stocks. They significantly reduced their stock positions in APPLOVIN CORP (APP), ASTERA LABS INC and AFFIRM HLDGS INC (AFRM). Spyglass Capital Management LLC opened new stock positions in ILLUMINA INC (ILMN) and CYBERARK SOFTWARE LTD. The fund showed a lot of confidence in some stocks as they added substantially to MEDPACE HLDGS INC (MEDP), COSTAR GROUP INC (CSGP) and WILLSCOT HLDGS CORP (WSC).

Spyglass Capital Management LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Spyglass Capital Management LLC made a return of 13.71% in the last quarter. In trailing 12 months, it's portfolio return was 24.67%.

New Buys

Ticker	$ Bought
illumina inc	71,855,000
cyberark software ltd	38,719,000

New stocks bought by Spyglass Capital Management LLC

Additions

Ticker	% Inc.
medpace hldgs inc	85.13
costar group inc	47.36
willscot hldgs corp	40.52
veeva sys inc	37.32
kinsale cap group inc	35.71
shift4 pmts inc	22.68
hubspot inc	14.17
api group corp	12.86

Additions to existing portfolio by Spyglass Capital Management LLC

Reductions

Ticker	% Reduced
applovin corp	-61.49
astera labs inc	-38.15
affirm hldgs inc	-27.52
godaddy inc	-24.45
duolingo inc	-18.59
spotify technology s a	-2.5
doordash inc	-1.26
floor & decor hldgs inc	-1.24

Spyglass Capital Management LLC reduced stake in above stock

Sold off

Ticker	$ Sold
ascendis pharma a/s	-97,475,700
transdigm group inc	-34,829,100

Spyglass Capital Management LLC got rid off the above stocks

Sector Distribution

Spyglass Capital Management LLC has about 39.2% of it's holdings in Technology sector.

Sector	%
Technology	39.2
Healthcare	17.5
Others	12.4
Consumer Cyclical	10.2
Industrials	7.6
Communication Services	5.2
Real Estate	4.9
Financial Services	3.1

Market Cap. Distribution

Spyglass Capital Management LLC has about 54.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	54.3
MID-CAP	33.3
UNALLOCATED	12.4

Stocks belong to which Index?

About 22.9% of the stocks held by Spyglass Capital Management LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	77.1
RUSSELL 2000	13.9
S&P 500	9

Top 5 Winners (%)		%
APP	applovin corp	132.6 %
AFRM	affirm hldgs inc	46.0 %
SNOW	snowflake inc	33.8 %
HUBS	hubspot inc	26.7 %
GDDY	godaddy inc	23.6 %

Top 5 Winners ($)		$
APP	applovin corp	141.7 M
AFRM	affirm hldgs inc	44.1 M
SNOW	snowflake inc	22.5 M
HUBS	hubspot inc	15.7 M
DASH	doordash inc	13.9 M

Top 5 Losers (%)		%
FND	floor & decor hldgs inc	-19.7 %
EXAS	exact sciences corp	-16.8 %
MDB	mongodb inc	-13.9 %
WSC	willscot hldgs corp	-10.1 %
SG	sweetgreen inc	-9.7 %

Top 5 Losers ($)		$
EXAS	exact sciences corp	-17.5 M
FND	floor & decor hldgs inc	-10.9 M
MDB	mongodb inc	-9.4 M
SG	sweetgreen inc	-7.9 M
WSC	willscot hldgs corp	-6.9 M

Spyglass Capital Management LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Spyglass Capital Management LLC

Spyglass Capital Management LLC has 25 stocks in it's portfolio. About 51.1% of the portfolio is in top 10 stocks. EXAS proved to be the most loss making stock for the portfolio. APP was the most profitable stock for Spyglass Capital Management LLC last quarter.

Last Reported on: 14 Feb, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	AFRM	affirm hldgs inc	5.83	1,702,000	103,652,000	reduced	-27.52
Historical Trend of AFFIRM HLDGS INC Position Held By Spyglass Capital Management LLC What % of Portfolio is AFRM?: Number of AFRM shares held: Change in No. of Shares Held:
	APP	applovin corp	5.74	315,061	102,026,000	reduced	-61.49

	FOUR	shift4 pmts inc	5.73	981,859	101,897,000	added	22.68

	DASH	doordash inc	5.15	546,239	91,631,600	reduced	-1.26

	SNOW	snowflake inc	5.01	577,034	89,099,800	added	5.33

	CSGP	costar group inc	4.92	1,221,610	87,454,800	added	47.36

	MEDP	medpace hldgs inc	4.91	262,660	87,263,500	added	85.13

	EXAS	exact sciences corp	4.86	1,539,440	86,500,900	added	10.19

		global e online ltd	4.56	1,487,340	81,104,400	added	6.8

	PCOR	procore technologies inc	4.42	1,048,150	78,538,200	added	11.99

	APG	api group corp	4.19	2,070,040	74,459,400	added	12.86

	HUBS	hubspot inc	4.18	106,551	74,241,500	added	14.17

	SG	sweetgreen inc	4.14	2,296,890	73,638,400	added	12.01

	ILMN	illumina inc	4.04	537,716	71,855,000	new

	VEEV	veeva sys inc	3.64	307,801	64,715,200	added	37.32

	ACVA	acv auctions inc	3.54	2,916,590	62,998,300	added	11.57

	WSC	willscot hldgs corp	3.44	1,829,240	61,188,200	added	40.52

		astera labs inc	3.39	455,312	60,306,100	reduced	-38.15

	MDB	mongodb inc	3.27	249,683	58,128,700	added	5.81

	KNSL	kinsale cap group inc	3.14	119,895	55,766,800	added	35.71