Spouting Rock Asset Management 13F annual report
Spouting Rock Asset Management is an investment fund managing more than $313 billion ran by Jennifer Shields. There are currently 151 companies in Mrs. Shields’s portfolio. The largest investments include NVIDIA Corp and Mastercard, together worth $51.9 billion.
$313 billion Assets Under Management (AUM)
As of 8th November 2023, Spouting Rock Asset Management’s top holding is 59,792 shares of NVIDIA Corp currently worth over $26 billion and making up 8.3% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Spouting Rock Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 65,291 shares of Mastercard worth $25.8 billion, whose value grew 3.7% in the past six months.
The third-largest holding is Amazon.com worth $22.3 billion and the next is Unitedhealth Inc worth $21.9 billion, with 43,530 shares owned.
Currently, Spouting Rock Asset Management's portfolio is worth at least $313 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Spouting Rock Asset Management
The Spouting Rock Asset Management office and employees reside in Bryn Mawr, Pennsylvania. According to the last 13-F report filed with the SEC, Jennifer Shields serves as the Chief Compliance Officer at Spouting Rock Asset Management.
Recent trades
In the most recent 13F filing, Spouting Rock Asset Management revealed that it had opened a new position in
Match and bought 61,951 shares worth $2.43 billion.
This means they effectively own approximately 0.1% of the company.
Match makes up
2.8%
of the fund's Technology sector allocation and has decreased its share price by 40.7% in the past year.
The investment fund also strengthened its position in NVIDIA Corp by buying
19,751 additional shares.
This makes their stake in NVIDIA Corp total 59,792 shares worth $26 billion.
NVIDIA Corp soared 197.9% in the past year.
On the other hand, there are companies that Spouting Rock Asset Management is getting rid of from its portfolio.
Spouting Rock Asset Management closed its position in Clean Harbors on 15th November 2023.
It sold the previously owned 11,699 shares for $1.92 billion.
Jennifer Shields also disclosed a decreased stake in Adobe Inc by approximately 0.1%.
This leaves the value of the investment at $9.15 billion and 17,938 shares.
One of the average hedge funds
The two most similar investment funds to Spouting Rock Asset Management are Decheng Capital Management Iii (cayman) and Versant Capital Management, Inc. They manage $313 billion and $313 billion respectively.
Jennifer Shields investment strategy
Spouting Rock Asset Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 27.7% of
the total portfolio value.
The fund focuses on investments in the United States as
68.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
36% of the total holdings value.
On the other hand, small-cap stocks make up only 2.0% of the portfolio.
The average market cap of the portfolio companies is close to $108 billion.
The complete list of Spouting Rock Asset Management trades based on 13F SEC filings
These positions were updated on November 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| NVIDIA Corp |
49.33%
59,792
|
$26,009,071,000 | 8.31% |
| Mastercard Incorporated |
31.07%
65,291
|
$25,849,343,000 | 8.26% |
| Amazon.com Inc. |
29.03%
175,661
|
$22,330,026,000 | 7.14% |
| Unitedhealth Group Inc |
35.49%
43,530
|
$21,947,410,000 | 7.01% |
| Alphabet Inc |
31.79%
198,922
|
$26,189,372,000 | 8.37% |
| Floor & Decor Holdings Inc |
38.39%
137,084
|
$12,406,102,000 | 3.96% |
| Intuitive Surgical Inc |
43.20%
41,847
|
$12,231,460,000 | 3.91% |
| Adobe Inc |
9.13%
17,938
|
$9,146,513,000 | 2.92% |
| Apple Inc |
11.04%
50,168
|
$8,589,263,000 | 2.74% |
| Disney Walt Co |
30.91%
95,669
|
$7,753,980,000 | 2.48% |
| Parker-Hannifin Corp. |
29.94%
19,126
|
$7,449,839,000 | 2.38% |
| Costco Whsl Corp New |
72.90%
12,762
|
$7,209,831,000 | 2.30% |
| Dominos Pizza Inc |
81.48%
16,495
|
$6,247,993,000 | 2.00% |
| Abbott Labs |
58.89%
48,491
|
$4,696,331,000 | 1.50% |
| Danaher Corp. |
67.86%
18,915
|
$4,692,772,000 | 1.50% |
| Microsoft Corporation |
26.89%
14,825
|
$4,681,145,000 | 1.50% |
| Crown Castle Inc |
0.97%
38,727
|
$3,564,046,000 | 1.14% |
| MSCI Inc |
95.59%
6,791
|
$3,484,093,000 | 1.11% |
| RH |
69.27%
11,155
|
$2,948,936,000 | 0.94% |
| Axon Enterprise Inc |
2.87%
14,570
|
$2,899,284,000 | 0.93% |
| Thermo Fisher Scientific Inc. |
132.95%
5,232
|
$2,647,978,000 | 0.85% |
| Match Group Inc. |
Opened
61,951
|
$2,426,930,000 | 0.78% |
| HubSpot Inc |
13.17%
4,798
|
$2,363,015,000 | 0.76% |
| Alps Etf Tr |
4.43%
53,918
|
$2,275,340,000 | 0.73% |
| Automatic Data Processing In |
6.25%
8,977
|
$2,159,686,000 | 0.69% |
| Clean Harbors, Inc. |
Closed
11,699
|
$1,923,667,000 | |
| California Res Corp |
30.00%
33,257
|
$1,862,725,000 | 0.60% |
| Barrick Gold Corp. |
No change
120,000
|
$1,746,000,000 | 0.56% |
| Ryman Hospitality Pptys Inc |
30.01%
20,450
|
$1,703,076,000 | 0.54% |
| Rapid7 Inc |
34.35%
35,361
|
$1,618,827,000 | 0.52% |
| Exxon Mobil Corp. |
8.14%
13,739
|
$1,615,432,000 | 0.52% |
| MGP Ingredients, Inc. |
30.01%
15,206
|
$1,603,929,000 | 0.51% |
| Ansys Inc. |
25.64%
4,900
|
$1,457,995,000 | 0.47% |
| Prologis Inc |
5.16%
12,973
|
$1,455,700,000 | 0.47% |
| Eli Lilly & Co |
6.16%
2,681
|
$1,440,046,000 | 0.46% |
| Super Micro Computer Inc |
28.73%
5,074
|
$1,391,392,000 | 0.44% |
| Green Plains Inc |
30.01%
45,871
|
$1,380,717,000 | 0.44% |
| Berkshire Hathaway Inc. |
6.99%
3,875
|
$1,357,532,000 | 0.43% |
| Chevron Corp. |
33.84%
7,922
|
$1,335,808,000 | 0.43% |
| Tenable Holdings Inc |
30.43%
29,745
|
$1,332,576,000 | 0.43% |
| FTI Consulting Inc. |
30.03%
7,440
|
$1,327,370,000 | 0.42% |
| Ametek Inc |
3.95%
8,850
|
$1,307,676,000 | 0.42% |
| Talos Energy Inc |
30.02%
77,180
|
$1,268,839,000 | 0.41% |
| Gibraltar Inds Inc |
30.00%
17,935
|
$1,210,792,000 | 0.39% |
| Makemytrip Limited Mauritius |
30.01%
28,843
|
$1,168,718,000 | 0.37% |
| Waste Connections Inc |
No change
8,691
|
$1,167,201,000 | 0.37% |
| Medpace Holdings Inc |
30.02%
4,813
|
$1,165,372,000 | 0.37% |
| Weatherford Intl Plc |
62.59%
12,755
|
$1,152,159,000 | 0.37% |
| Brown & Brown, Inc. |
2.65%
16,361
|
$1,142,652,000 | 0.37% |
| Howmet Aerospace Inc. |
29.37%
23,088
|
$1,067,820,000 | 0.34% |
| Papa Johns Intl Inc |
25.29%
15,636
|
$1,066,688,000 | 0.34% |
| Gray Television, Inc. |
30.01%
151,815
|
$1,050,560,000 | 0.34% |
| Sonic Automotive, Inc. |
30.01%
21,981
|
$1,049,813,000 | 0.34% |
| Alta Equipment Group Inc |
13.05%
86,053
|
$1,037,799,000 | 0.33% |
| Constellation Brands, Inc. |
6.45%
4,015
|
$1,009,090,000 | 0.32% |
| MongoDB Inc |
14.79%
2,880
|
$996,077,000 | 0.32% |
| Perficient Inc. |
30.02%
16,988
|
$982,926,000 | 0.31% |
| Cadence Design System Inc |
7.41%
4,134
|
$968,596,000 | 0.31% |
| Abbvie Inc |
1.98%
6,469
|
$964,269,000 | 0.31% |
| Visa Inc |
Opened
4,146
|
$953,688,000 | 0.30% |
| Amerisourcebergen Corp |
Closed
4,939
|
$950,402,000 | |
| NV5 Global Inc |
29.59%
9,859
|
$948,732,000 | 0.30% |
| Pool Corporation |
Opened
2,443
|
$869,952,000 | 0.28% |
| Accenture Plc Ireland |
Opened
2,804
|
$861,136,000 | 0.28% |
| Hannon Armstrong Sust Infr C |
22.21%
39,751
|
$842,721,000 | 0.27% |
| Epr Pptys |
2.73%
20,186
|
$838,526,000 | 0.27% |
| ServiceNow Inc |
5.52%
1,489
|
$832,090,000 | 0.27% |
| Algonquin Pwr Utils Corp |
24.20%
139,650
|
$826,728,000 | 0.26% |
| ON Semiconductor Corp. |
Closed
8,709
|
$823,697,000 | |
| Healthequity Inc |
1.54%
11,227
|
$820,132,000 | 0.26% |
| Raytheon Technologies Corp |
Closed
7,995
|
$783,190,000 | |
| Hancock Whitney Corp. |
16.04%
21,098
|
$780,415,000 | 0.25% |
| Livent Corp |
30.03%
42,130
|
$775,613,000 | 0.25% |
| Datadog Inc |
Closed
7,868
|
$774,054,000 | |
| Snowflake Inc. |
Closed
4,301
|
$756,890,000 | |
| Exact Sciences Corp. |
30.53%
10,887
|
$742,711,000 | 0.24% |
| NextEra Energy Inc |
111.71%
12,802
|
$733,427,000 | 0.23% |
| Tandem Diabetes Care Inc |
7.17%
34,832
|
$723,461,000 | 0.23% |
| Chart Inds Inc |
Opened
4,092
|
$692,039,000 | 0.22% |
| Agree Rlty Corp |
30.03%
12,521
|
$691,660,000 | 0.22% |
| HarborOne Bancorp Inc. |
30.00%
70,728
|
$673,331,000 | 0.22% |
| Crowdstrike Holdings Inc |
38.58%
3,996
|
$668,919,000 | 0.21% |
| Trade Desk Inc |
44.94%
8,401
|
$656,538,000 | 0.21% |
| Gxo Logistics Incorporated |
Closed
10,402
|
$653,454,000 | |
| Teladoc Health Inc |
30.03%
34,440
|
$640,240,000 | 0.20% |
| Elanco Animal Health Inc |
Opened
55,873
|
$628,013,000 | 0.20% |
| Imax Corp |
30.99%
32,351
|
$625,021,000 | 0.20% |
| NNN REIT Inc |
Closed
14,324
|
$612,924,000 | |
| Wynn Resorts Ltd. |
Closed
5,729
|
$605,040,000 | |
| Royal Caribbean Group |
18.42%
6,510
|
$599,831,000 | 0.19% |
| American Express Co. |
Closed
3,407
|
$593,499,000 | |
| Zscaler Inc |
Closed
3,865
|
$565,450,000 | |
| Cummins Inc. |
Closed
2,289
|
$561,171,000 | |
| Ligand Pharmaceuticals, Inc. |
No change
9,219
|
$552,402,000 | 0.18% |
| Mcdonalds Corp |
1.22%
2,030
|
$534,783,000 | 0.17% |
| Voya Financial Inc |
Closed
7,179
|
$514,806,000 | |
| Broadcom Inc. |
121.74%
612
|
$508,315,000 | 0.16% |
| Schlumberger Ltd |
Opened
8,597
|
$501,205,000 | 0.16% |
| Dexcom Inc |
13.11%
5,340
|
$498,222,000 | 0.16% |
| Splunk Inc |
Opened
3,360
|
$491,400,000 | 0.16% |
| Ross Stores, Inc. |
Opened
4,310
|
$486,815,000 | 0.16% |
| Pepsico Inc |
4.80%
2,836
|
$480,532,000 | 0.15% |
| GitLab Inc. |
19.05%
10,568
|
$477,885,000 | 0.15% |
| Enphase Energy Inc |
Opened
3,976
|
$477,716,000 | 0.15% |
| Deere & Co. |
Opened
1,252
|
$472,592,000 | 0.15% |
| Boeing Co. |
No change
2,453
|
$470,191,000 | 0.15% |
| Samsara Inc. |
13.02%
18,609
|
$469,133,000 | 0.15% |
| Heico Corp. |
No change
2,887
|
$467,492,000 | 0.15% |
| CRISPR Therapeutics AG |
30.00%
10,008
|
$454,263,000 | 0.15% |
| Inari Med Inc |
13.91%
6,756
|
$441,842,000 | 0.14% |
| Affirm Holdings, Inc. |
7.88%
20,198
|
$429,611,000 | 0.14% |
| Spdr Gold Tr |
No change
2,500
|
$428,625,000 | 0.14% |
| Oreilly Automotive Inc |
12.52%
461
|
$418,984,000 | 0.13% |
| Microstrategy Inc. |
Opened
1,219
|
$400,173,000 | 0.13% |
| Intapp Inc |
10.38%
11,327
|
$379,681,000 | 0.12% |
| Smartsheet Inc |
18.08%
9,054
|
$366,325,000 | 0.12% |
| Paylocity Hldg Corp |
16.47%
2,008
|
$364,854,000 | 0.12% |
| Pinterest Inc |
10.08%
13,307
|
$359,688,000 | 0.11% |
| Globus Med Inc |
No change
7,168
|
$355,891,000 | 0.11% |
| Oracle Corp. |
28.81%
3,336
|
$353,349,000 | 0.11% |
| Augmedix Inc |
6.08%
63,968
|
$329,435,000 | 0.11% |
| Airbnb, Inc. |
24.12%
2,326
|
$319,150,000 | 0.10% |
| Autozone Inc. |
36.67%
123
|
$312,418,000 | 0.10% |
| Invitation Homes Inc |
Opened
9,759
|
$309,263,000 | 0.10% |
| Devon Energy Corp. |
Opened
6,319
|
$301,416,000 | 0.10% |
| Noodles & Company |
12.65%
121,396
|
$298,634,000 | 0.10% |
| Glaukos Corporation |
12.42%
3,912
|
$294,378,000 | 0.09% |
| TREX Co., Inc. |
Opened
4,766
|
$293,729,000 | 0.09% |
| Braze Inc |
0.40%
6,189
|
$289,212,000 | 0.09% |
| Blueprint Medicines Corp |
8.77%
5,643
|
$283,391,000 | 0.09% |
| Etsy Inc |
24.94%
4,078
|
$263,357,000 | 0.08% |
| Shopify Inc |
Opened
4,787
|
$261,227,000 | 0.08% |
| Schrodinger, Inc. |
39.66%
9,125
|
$257,964,000 | 0.08% |
| Symbotic Inc |
1.12%
7,531
|
$251,761,000 | 0.08% |
| Phreesia Inc |
16.50%
13,381
|
$249,957,000 | 0.08% |
| DoubleVerify Holdings, Inc. |
0.79%
8,569
|
$239,504,000 | 0.08% |
| Guardant Health Inc |
28.05%
8,075
|
$239,343,000 | 0.08% |
| Pagerduty Inc |
0.56%
10,460
|
$235,245,000 | 0.08% |
| Rxo Inc |
50.00%
11,693
|
$230,703,000 | 0.07% |
| Bio-Techne Corp |
Closed
2,799
|
$228,482,000 | |
| Micron Technology Inc. |
Opened
3,327
|
$226,336,000 | 0.07% |
| Penumbra Inc |
No change
930
|
$224,976,000 | 0.07% |
| Alteryx Inc |
0.47%
5,927
|
$223,389,000 | 0.07% |
| Shake Shack Inc |
29.06%
3,823
|
$222,002,000 | 0.07% |
| Tesla Inc |
Opened
883
|
$220,944,000 | 0.07% |
| Norwegian Cruise Line Hldg L |
68.34%
13,078
|
$215,525,000 | 0.07% |
| Doximity, Inc. |
Closed
6,257
|
$212,863,000 | |
| Netflix Inc. |
12.20%
561
|
$211,834,000 | 0.07% |
| S&P Global Inc |
Closed
528
|
$211,670,000 | |
| SoundThinking Inc |
15.95%
11,633
|
$208,231,000 | 0.07% |
| Liberty Media Corp. |
Opened
3,332
|
$207,584,000 | 0.07% |
| Copart, Inc. |
Closed
2,240
|
$204,310,000 | |
| Olo Inc |
14.71%
33,175
|
$201,041,000 | 0.06% |
| Taiwan Semiconductor Mfg Ltd |
Closed
1,991
|
$200,932,000 | |
| Tabula Rasa HealthCare Inc |
Closed
22,635
|
$186,739,000 | |
| Amplitude Inc |
12.06%
16,021
|
$185,363,000 | 0.06% |
| Tetra Technologies, Inc. |
8.32%
28,046
|
$178,933,000 | 0.06% |
| Alphatec Holdings Inc |
8.75%
13,592
|
$176,288,000 | 0.06% |
| TELA Bio, Inc. |
51.70%
21,497
|
$171,976,000 | 0.05% |
| Treace Med Concepts Inc |
Opened
11,260
|
$147,619,000 | 0.05% |
| Definitive Healthcare Corp |
No change
17,364
|
$138,738,000 | 0.04% |
| Janus International Group In |
8.28%
12,436
|
$133,065,000 | 0.04% |
| Evolv Technologies Hldngs In |
Closed
19,289
|
$115,734,000 | |
| Airsculpt Technologies Inc |
39.36%
15,634
|
$106,937,000 | 0.03% |
| Sunopta, Inc. |
Closed
15,971
|
$106,846,000 | |
| Hillman Solutions Corp |
9.02%
12,109
|
$99,899,000 | 0.03% |
| Asure Software Inc |
Opened
10,341
|
$97,826,000 | 0.03% |
| Indie Semiconductor Inc |
Opened
14,133
|
$89,038,000 | 0.03% |
| Navitas Semiconductor Corp |
13.75%
12,125
|
$84,269,000 | 0.03% |
| Aspen Aerogels Inc. |
Closed
10,672
|
$84,202,000 | |
| Assertio Holdings, Inc. |
20.44%
30,230
|
$77,389,000 | 0.02% |
| Cerus Corp. |
Closed
30,497
|
$75,023,000 | |
| PaySign, Inc. |
38.96%
38,167
|
$74,426,000 | 0.02% |
| Stitch Fix Inc |
Closed
16,619
|
$63,983,000 | |
| Porch Group Inc |
Closed
44,909
|
$61,974,000 | |
| Streamline Health Solutions, Inc |
8.93%
58,744
|
$56,835,000 | 0.02% |
| GrowGeneration Corp |
Closed
14,355
|
$48,807,000 | |
| Neuronetics Inc |
Closed
17,049
|
$36,655,000 | |
| No transactions found | |||
| Showing first 500 out of 178 holdings | |||
Hedge funds similar to Spouting Rock Asset Management
- Presilium Private Wealth
- Element Pointe Advisors
- Esl Trust Services
- Kingswood Wealth Advisors
- Genwealth
- Medicxi Ventures Management (jersey) Ltd
- Decheng Capital Management Iii (cayman)
- Versant Capital Management, Inc
- V3 Capital Management, L.P.
- Intellectus Partners
- Wrapmanager Inc
- Tri Locum Partners L.P.
- Perry Creek Capital L.P.
- Monarch Capital Management Inc/