13F filing recap · Q4 2025

What did ShawSpring Partners buy in Q4 2025?

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

Stock value

$531.11M

Positions

Estimated turnover

48.3%

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 opened new positions in Alibaba Group Holding and Amazon.com, while exiting Ncino and Vertex entirely. The firm trimmed Okta, Braze, and Monday.com, and substantially reduced Procore Technologies and Intuit. It also added to Liberty Media Corporation.

New positions

BABAAlibaba Group Holding Limited$55.43Mreported value+378.2K shares AMZNAmazon.com Inc$27.34Mreported value+118.4K shares

Increased positions

CSGPCostar Group, Inc.$64.39Mreported value+61.5K shares+6.9%FWONKLiberty Media Corporation$36.63Mreported value+154.3K shares+70.9%

Reduced positions

OKTAOkta, Inc.$76.39Mreported value-107.0K shares-10.8%FOURShift4 Payments, Inc.$72.34Mreported value-102.5K shares-8.2%BRZEBraze, Inc.$50.51Mreported value-375.2K shares-20.3%PCORProcore Technologies, Inc.$49.57Mreported value-396.4K shares

Exited positions

NCNONcino, Inc.$42.12Mprior reported value-1.55M shares-100.0%VERXVertex, Inc.$26.81Mprior reported value-1.08M shares-100.0%