Spyglass Capital Management LLC's Q3 2023 13F: 4 new positions, 4 exits
Form 13F-HR for the quarter ended Sep 30, 2023 · filed Nov 14, 2023 · 25 reported positions · accession 0001172661-23-003882
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | ZOOMINFO TECHNOLOGIES INC (GTM) | 4.6% | — | −4.6 pts | −2.49M sh | −100% |
| Exited | MATCH GROUP INC NEW (MTCH) | 4.3% | — | −4.3 pts | −1.43M sh | −100% |
| New | PROCORE TECHNOLOGIES INC (PCOR) | — | 3.9% | +3.9 pts | +766K sh | new |
| New | SHIFT4 PMTS INC (FOUR) | — | 3.5% | +3.5 pts | +804K sh | new |
| New | DOORDASH INC (DASH) | — | 3.5% | +3.5 pts | +559K sh | new |
| New | API GROUP CORP (APG) | — | 3.0% | +3.0 pts | +1.46M sh | new |
| Exited | LESLIES INC (LESL) | 2.9% | — | −2.9 pts | −4.34M sh | −100% |
| Reduced | PALO ALTO NETWORKS INC (PANW) | 7.1% | 4.1% | −2.9 pts | −159K sh | −41% |
| Reduced | SPLUNK INC (SPLK) | 4.0% | 3.5% | −0.5 pts | −214K sh | −41% |
| Reduced | PURE STORAGE INC (PSTG) | 6.7% | 5.1% | −1.6 pts | −703K sh | −28% |
| Increased | WILLSCOT MOBIL MINI HLDNG CO (WSC) | 3.2% | 4.9% | +1.7 pts | +574K sh | +61% |
| Exited | PELOTON INTERACTIVE INC (PTON) | 1.8% | — | −1.8 pts | −3.2M sh | −100% |
| Reduced | APPLOVIN CORP (APP) | 4.5% | 5.9% | +1.3 pts | −562K sh | −23% |
| Reduced | NUTANIX INC (NTNX) | 5.2% | 5.3% | +0.2 pts | −604K sh | −24% |
| Increased | SWEETGREEN INC (SG) | 1.3% | 2.8% | +1.4 pts | +1.56M sh | +107% |
| Reduced | DATADOG INC (DDOG) | 5.3% | 4.5% | −0.8 pts | −113K sh | −15% |
| Reduced | TRANSDIGM GROUP INC (TDG) | 4.7% | 4.1% | −0.7 pts | −12,038 sh | −16% |
| Reduced | SPOTIFY TECHNOLOGY S A (SPOT) | 5.8% | 5.3% | −0.5 pts | −63,778 sh | −13% |
| Reduced | EXACT SCIENCES CORP (EXAS) | 4.5% | 2.9% | −1.6 pts | −113K sh | −17% |
| Increased | FIVE BELOW INC (FIVE) | 3.2% | 3.3% | +0.1 pts | +38,112 sh | +17% |
| Increased | GLOBAL E ONLINE LTD (GLBE) | 2.8% | 3.4% | +0.6 pts | +150K sh | +16% |
| Reduced | ASCENDIS PHARMA A/S (ASND) | 4.2% | 4.5% | +0.3 pts | −43,235 sh | −7% |
| Increased | MEDPACE HLDGS INC (MEDP) | 2.5% | 3.0% | +0.5 pts | +16,636 sh | +12% |
| Reduced | GODADDY INC (GDDY) | 4.2% | 4.2% | 0.0 pts | −51,222 sh | −7% |
| Reduced | LYFT INC (LYFT) | 2.6% | 2.9% | +0.3 pts | −247K sh | −7% |
| Reduced | VAIL RESORTS INC (MTN) | 3.2% | 2.9% | −0.3 pts | −11,708 sh | −7% |
| Increased | AFFIRM HLDGS INC (AFRM) | 3.3% | 5.0% | +1.7 pts | +42,337 sh | +1% |
| Reduced | AFFILIATED MANAGERS GROUP IN (AMG) | 4.0% | 3.8% | −0.2 pts | −1,807 sh | 0% |
| Reduced | ROKU INC (ROKU) | 4.0% | 4.7% | +0.8 pts | −2,330 sh | 0% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 49.5% of the equity book
Changes in the top 10 this quarter: AFRM entered · WSC entered · ROKU entered · ASND entered · GDDY entered · PANW left · TDG left · GTM left · EXAS left · MTCH left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | APPLOVIN CORP (APP) | 4.5% | 5.9% | |
| 2 | NUTANIX INC (NTNX) | 5.2% | 5.3% | |
| 3 | SPOTIFY TECHNOLOGY S A (SPOT) | 5.8% | 5.3% | |
| 4 | PURE STORAGE INC (PSTG) | 6.7% | 5.1% | |
| 5 | AFFIRM HLDGS INC (AFRM) | 3.3% | 5.0% | Entered the top 10 |
| 6 | WILLSCOT MOBIL MINI HLDNG CO (WSC) | 3.2% | 4.9% | Entered the top 10 |
| 7 | ROKU INC (ROKU) | 4.0% | 4.7% | Entered the top 10 |
| 8 | DATADOG INC (DDOG) | 5.3% | 4.5% | |
| 9 | ASCENDIS PHARMA A/S (ASND) | 4.2% | 4.5% | Entered the top 10 |
| 10 | GODADDY INC (GDDY) | 4.2% | 4.2% | Entered the top 10 |
| — | PALO ALTO NETWORKS INC (PANW) | 7.1% | 4.1% | Left the top 10 |
| — | TRANSDIGM GROUP INC (TDG) | 4.7% | 4.1% | Left the top 10 |
| — | ZOOMINFO TECHNOLOGIES INC (GTM) | 4.6% | 0.0% | Left the top 10 |
| — | EXACT SCIENCES CORP (EXAS) | 4.5% | 2.9% | Left the top 10 |
| — | MATCH GROUP INC NEW (MTCH) | 4.3% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).