ShawSpring Partners

Q2 2022 13F · by Dennis Hong, portfolio manager

As of: Jun 30, 2022
Filed: Jul 21, 2022
US stock: $565M · prev $727M
Positions: 6 · prev 4
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%

Moves6 since the prior filing

+6.4 pp in · −6.4 pp out

New 2 +16.89 pp
Added 2 −10.49 pp
Trimmed 2 −6.37 pp
Exited 0 0.00 pp

The book

Very concentrated · behaves like 4 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 16% a year, about 6.2 years per position

Low
Moderate
High

Top 5 positions96% of US stock

PPLI People Incorporated trimmed−4.47 pp trimmed−4.4741.3%
SE Sea Limited added−8.16 pp added−8.1623.1%
CPNG Coupang, Inc. trimmed−1.90 pp trimmed−1.9015.2%
HLT Hilton Worldwide Holdings Inc. new+10.73 pp new+10.7310.7%
SNOW Snowflake Inc. new+6.16 pp new+6.166.2%

Positions6 in this filing · 0 exited


PPLIPeople Incorporated	41.28%	3,068,629	$233M	trimmed−7%	−4.47 pp	5 q
SESea Limited	23.06%	1,947,612	$130M	added+3%	−8.16 pp	14 q
CPNGCoupang, Inc.	15.22%	6,741,064	$86M	trimmed−4%	−1.90 pp	2 q
HLTHilton Worldwide Holdings Inc.	10.73%	543,825	$61M	new	+10.73 pp	new
SNOWSnowflake Inc.	6.16%	250,000	$35M	new	+6.16 pp	new
BLNDBlend Labs, Inc.	3.57%	8,534,033	$20M	added+13%	−2.33 pp	2 q

Source

Form: 13F-HR
Reading: 0 defects · 0 unresolved
Accession: 0001606587-22-001757
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet