Latest Spence Asset Management Stock Portfolio
Spence Asset Management Performance:
2024 Q3: -13.18%YTD: 12.96%2023: 30.33%
Performance for 2024 Q3 is -13.18%, and YTD is 12.96%, and 2023 is 30.33%.
About Spence Asset Management and 13F Hedge Fund Stock Holdings
Westwind Capital is a hedge fund based in LAS CRUCES, NM. On 01-Jun-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $482.9 Millions. In it's latest 13F Holdings report, Westwind Capital reported an equity portfolio of $412.1 Millions as of 30 Sep, 2024.
The top stock holdings of Westwind Capital are MA, V, TYL. The fund has invested 8.3% of it's portfolio in MASTERCARD INCORPORATED CL A and 7.8% of portfolio in VISA INC COM CL A.
The fund managers got completely rid off TEXAS PACIFIC LAND CORPORATION COM (TPL), MONGODB INC CL A (MDB) and FACTSET RESH SYS INC COM (FDS) stocks. They significantly reduced their stock positions in INVESCO QQQ TRUST SERIES I (QQQ), SPDR S&P OIL & GAS EXPLORATION & PRODUCTION ETF (BIL) and PALANTIR TECHNOLOGIES INC CL A (PLTR). Westwind Capital opened new stock positions in AMAZON COM INC COM (AMZN), GUIDEWIRE SOFTWARE INC COM (GWRE) and COSTAR GROUP INC COM (CSGP). The fund showed a lot of confidence in some stocks as they added substantially to SAMSARA INC COM CL A (IOT), SPDR PORTFOLIO S&P 500 ETF (BIL) and MSCI INC COM (MSCI).
The top stock holdings of Westwind Capital are MA, V, TYL. The fund has invested 8.3% of it's portfolio in MASTERCARD INCORPORATED CL A and 7.8% of portfolio in VISA INC COM CL A.
The fund managers got completely rid off TEXAS PACIFIC LAND CORPORATION COM (TPL), MONGODB INC CL A (MDB) and FACTSET RESH SYS INC COM (FDS) stocks. They significantly reduced their stock positions in INVESCO QQQ TRUST SERIES I (QQQ), SPDR S&P OIL & GAS EXPLORATION & PRODUCTION ETF (BIL) and PALANTIR TECHNOLOGIES INC CL A (PLTR). Westwind Capital opened new stock positions in AMAZON COM INC COM (AMZN), GUIDEWIRE SOFTWARE INC COM (GWRE) and COSTAR GROUP INC COM (CSGP). The fund showed a lot of confidence in some stocks as they added substantially to SAMSARA INC COM CL A (IOT), SPDR PORTFOLIO S&P 500 ETF (BIL) and MSCI INC COM (MSCI).
Spence Asset Management Annual Return Estimates Vs S&P 500
Our best estimate is that Westwind Capital made a return of -13.18% in the last quarter. In trailing 12 months, it's portfolio return was 26.8%.
New Buys
| Ticker | $ Bought |
|---|---|
| amazon com inc com | 25,376,000 |
| guidewire software inc com | 13,765,000 |
| costar group inc com | 12,633,000 |
| arch cap group ltd ord | 9,981,000 |
| vertex inc cl a | 7,180,000 |
| spdr s&p homebuilders etf | 1,088,000 |
| spdr s&p bank etf | 1,038,000 |
| vanguard s&p 500 growth etf | 691,000 |
New stocks bought by Spence Asset Management
Additions
| Ticker | % Inc. |
|---|---|
| samsara inc com cl a | 6,293,830 |
| spdr portfolio s&p 500 etf | 26,654 |
| msci inc com | 11,578 |
| tyler technologies inc com | 7,613 |
| adobe inc com | 5,874 |
| ishares expanded tech-software sector etf | 3,226 |
| invesco water resources etf | 1,307 |
| visa inc com cl a | 726 |
Additions to existing portfolio by Spence Asset Management
Reductions
| Ticker | % Reduced |
|---|---|
| invesco qqq trust series i | -99.98 |
| spdr s&p oil & gas exploration & production etf | -99.94 |
| palantir technologies inc cl a | -99.92 |
| verisk analytics inc com | -99.91 |
| veeva sys inc cl a com | -99.09 |
| ansys inc com | -98.96 |
| ishares core u.s. aggregate bond etf | -97.28 |
| vanguard s&p 500 etf | -96.44 |
Spence Asset Management reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| mongodb inc cl a | -208,000 |
| texas pacific land corporation com | -11,036,000 |
| factset resh sys inc com | -77,000 |
Spence Asset Management got rid off the above stocks
Sector Distribution
Westwind Capital has about 44.2% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 44.2 |
| Financial Services | 21.6 |
| Healthcare | 14.6 |
| Consumer Cyclical | 6.2 |
| Others | 5.4 |
| Communication Services | 4.9 |
| Real Estate | 3.1 |
Market Cap. Distribution
Westwind Capital has about 88.4% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 50.7 |
| MEGA-CAP | 37.7 |
| UNALLOCATED | 5.4 |
| MID-CAP | 4.4 |
| SMALL-CAP | 1.7 |
Stocks belong to which Index?
About 82.2% of the stocks held by Westwind Capital either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 77.8 |
| Others | 17.7 |
| RUSSELL 2000 | 4.4 |
Spence Asset Management Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Spence Asset Management
Westwind Capital has 48 stocks in it's portfolio. About 60.5% of the portfolio is in top 10 stocks. V proved to be the most loss making stock for the portfolio. MA was the most profitable stock for Westwind Capital last quarter.
Last Reported on: 09 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ACGL | arch cap group ltd ord | 2.42 | 89,208 | 9,981,000 | new | |||
| ACWV | ishares msci mexico etf | 0.00 | 44.00 | 2,000 | reduced | -2.22 | ||
| ADBE | adobe inc com | 4.66 | 37,044 | 19,181,000 | added | 5,874 | ||
| AGZD | wisdomtree india earnings fund | 0.26 | 20,828 | 1,051,000 | reduced | -44.72 | ||
| AMZN | amazon com inc com | 6.16 | 136,188 | 25,376,000 | new | |||
| ANSS | ansys inc com | 0.03 | 443 | 142,000 | reduced | -98.96 | ||
| APPF | appfolio inc com cl a | 4.41 | 77,213 | 18,176,000 | reduced | -48.26 | ||
| BAB | invesco nasdaq 100 etf | 0.00 | 57.00 | 11,000 | reduced | -93.15 | ||
| BIL | spdr portfolio s&p 500 etf | 1.75 | 106,749 | 7,207,000 | added | 26,654 | ||
| BIL | spdr s&p homebuilders etf | 0.26 | 8,736 | 1,088,000 | new | |||
| BIL | spdr s&p bank etf | 0.25 | 19,620 | 1,038,000 | new | |||
| BIL | spdr bloomberg 1-3 month t-bill etf | 0.03 | 1,175 | 108,000 | new | |||
| BIL | spdr s&p oil & gas exploration & production etf | 0.00 | 26.00 | 3,000 | reduced | -99.94 | ||
| BNDD | kraneshares csi china internet etf | 0.12 | 14,058 | 478,000 | new | |||
| CSD | invesco water resources etf | 0.40 | 23,102 | 1,630,000 | added | 1,307 | ||
| CSGP | costar group inc com | 3.07 | 167,454 | 12,633,000 | new | |||
| FDS | factset resh sys inc com | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| FICO | fair isaac corp com | 3.26 | 6,918 | 13,445,000 | reduced | -90.08 | ||
| GBIL | tr activebeta us small cap equity etf | 0.80 | 47,468 | 3,292,000 | added | 577 | ||
| GOOG | alphabet inc cap stk cl c | 4.84 | 119,328 | 19,950,000 | added | 381 | ||