ShawSpring Partners

Q4 2019 13F · by Dennis Hong, portfolio manager

As of: Dec 31, 2019
Filed: Feb 10, 2020
US stock: $250M · prev $153M
Positions: 5 · prev 5
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%

Moves5 since the prior filing

−0.0 pp in · 0.0 pp out

New 0 0.00 pp
Added 5 −0.01 pp
Trimmed 0 0.00 pp
Exited 0 0.00 pp

The book

Very concentrated · behaves like 4 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 0.0% a year

Low
Moderate
High

Top 5 positions100% of US stock

SE Sea Limited added+11.19 pp added+11.1940.0%
CVNA Carvana Co. added−2.44 pp added−2.4423.6%
ANGI Angi Inc. Class A added−3.86 pp added−3.8615.5%
IACI Iac / Interactivecorp (De) Com Stk added−3.07 pp added−3.0711.7%
JD JD.com, Inc. added−1.83 pp added−1.839.2%

Positions5 in this filing · 0 exited


SESea Limited	39.96%	2,479,380	$100M	added+74%	+11.19 pp	4 q
CVNACarvana Co.	23.64%	640,785	$59M	added+6%	−2.44 pp	5 q
ANGIAngi Inc. Class A	15.46%	4,555,236	$39M	added+9%	−3.86 pp	3 q
IACIIac / Interactivecorp (De) Com Stk	11.71%	117,338	$29M	added+13%	−3.07 pp	5 q
JDJD.com, Inc.	9.23%	653,883	$23M	added+9%	−1.83 pp	5 q

Source

Form: 13F-HR
Reading: 0 defects · 0 unresolved
Accession: 0001085146-20-000662
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet