ShawSpring Partners

Q1 2024 13F · by Dennis Hong, portfolio manager

Picture100.0% US stock

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

+26.3 pp in · −26.3 pp out

Very concentrated · behaves like 7 equal-sized positions

Moderate turnover · 56% a year, about 1.8 years per position


PPLIPeople Incorporated	21.15%	3,086,866	$165M	trimmed−14%	−9.69 pp	12 q
HLTHilton Worldwide Holdings Inc.	15.63%	570,709	$122M	trimmed−3%	−1.95 pp	8 q
FOURShift4 Payments, Inc.	13.55%	1,596,421	$105M	new	+13.55 pp	new
SESea Limited	13.04%	1,890,307	$102M	trimmed−30%	−4.95 pp	21 q
MNDYmonday.com Ltd.	12.64%	435,896	$98M	new	+12.64 pp	new
CPNGCoupang, Inc.	11.28%	4,936,033	$88M	trimmed−22%	−5.49 pp	9 q
INTUIntuit Inc	10.95%	131,169	$85M	trimmed−11%	−4.19 pp	7 q
BLNDBlend Labs, Inc.	1.77%	4,230,861	$14M	added+6%	+0.10 pp	9 q