13F filing recap · Q3 2024

What did ShawSpring Partners buy in Q3 2024?

Reported stock-position changes between this filing and the previous one.

Stock value

$791.59M

Positions

Estimated turnover

33.8%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Quarter in review

ShawSpring Partners trimmed Shift4 Payments slightly and reduced Monday.com, IAC, and Intuit. It added to Sea Limited and substantially cut Hilton Worldwide. The firm dramatically increased its Procore Technologies and Ncino stakes, while modestly trimming Coupang and Blend Labs.

Increased positions

SESea Limited$88.92Mreported value+94.4K shares+11.1%PCORProcore Technologies, Inc.$88.76Mreported value+1.20M shares+493.3%NCNONcino, Inc.$83.83Mreported value+1.42M shares+115.9%

Reduced positions

FOURShift4 Payments, Inc.$116.94Mreported value-82.6K shares-5.9%MNDYMonday.com Ltd.$97.37Mreported value-64.1K shares-15.5%PPLIIac Inc.$85.03Mreported value-765.4K shares-32.6%CPNGCoupang, Inc.$72.75Mreported value-247.1K shares