Greenlea Lane Capital

Q1 2021 13F · by Josh Tarasoff, portfolio manager

As of: Mar 31, 2021
Filed: May 21, 2021
US stock: $239M · prev $267M
Positions: 9 · prev 9
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves8 since the prior filing

+2.8 pp in · +2.4 pp out

New 0 0.00 pp
Added 1 +2.84 pp
Trimmed 7 +2.42 pp
Exited 0 0.00 pp

The book

Very concentrated · behaves like 8 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 7.4% a year, about 13.6 years per position

Low
Moderate
High

Top 5 positions71% of US stock

unresolved Brookfield Asset Mgmt Inc trimmed+2.75 pp trimmed+2.7518.4%
CRM Salesforce, Inc. added+2.84 pp added+2.8417.9%
TRUP Trupanion, Inc. held held13.1%
HUBS Hubspot, Inc. trimmed+2.49 pp trimmed+2.4912.5%
AMZN Amazon.Com Inc trimmed+0.32 pp trimmed+0.329.3%

Positions9 in this filing · 0 exited


unresolvedBrookfield Asset Mgmt Inc	18.40%	986,706	$44M	trimmed−3%	+2.75 pp	10 q
CRMSalesforce, Inc.	17.88%	201,338	$43M	added+11%	+2.84 pp	5 q
TRUPTrupanion, Inc.	13.05%	408,500	$31M	held	—	10 q
HUBSHubspot, Inc.	12.46%	65,440	$30M	trimmed−3%	+2.49 pp	3 q
AMZNAmazon.Com Inc	9.27%	7,148	$22M	trimmed−3%	+0.32 pp	10 q
GOOGLAlphabet Inc. Class A	8.75%	10,119	$21M	trimmed−23%	+0.08 pp	2 q
NFLXNetFlix Inc	7.71%	35,273	$18M	trimmed−3%	+0.38 pp	10 q
WORKSlack Technologies, Inc.	6.32%	371,182	$15M	trimmed−3%	+0.29 pp	7 q
SPOTSpotify Technology S.A.	6.16%	54,878	$15M	trimmed−36%	−3.89 pp	10 q

Source

Form: 13F-HR
Reading: 0 defects · 1 unresolved
Accession: 0001420506-21-000807
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet