Latest Spyglass Capital Management LLC Stock Portfolio
Spyglass Capital Management LLC Performance:
2025 Q4: -0.94%YTD: 4.03%2024: 32.51%
Performance for 2025 Q4 is -0.94%, and YTD is 4.03%, and 2024 is 32.51%.
About Spyglass Capital Management LLC and 13F Hedge Fund Stock Holdings
Spyglass Capital Management LLC is a hedge fund based in San Francisco, CA. On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, Spyglass Capital Management LLC reported an equity portfolio of $2 Billions as of 31 Dec, 2025.
The top stock holdings of Spyglass Capital Management LLC are MDB, AFRM, FOUR. The fund has invested 5.6% of it's portfolio in MONGODB INC and 5.4% of portfolio in AFFIRM HLDGS INC.
The fund managers got completely rid off SWEETGREEN INC (SG) and ACV AUCTIONS INC (ACVA) stocks. They significantly reduced their stock positions in EXACT SCIENCES CORP (EXAS), MEDPACE HLDGS INC (MEDP) and APPLOVIN CORP (APP). Spyglass Capital Management LLC opened new stock positions in CARVANA CO (CVNA) and CREDO TECHNOLOGY GROUP HOLDI (CRDO). The fund showed a lot of confidence in some stocks as they added substantially to CADENCE DESIGN SYSTEM INC (CDNS), FAIR ISAAC CORP (FICO) and DOORDASH INC (DASH).
The top stock holdings of Spyglass Capital Management LLC are MDB, AFRM, FOUR. The fund has invested 5.6% of it's portfolio in MONGODB INC and 5.4% of portfolio in AFFIRM HLDGS INC.
The fund managers got completely rid off SWEETGREEN INC (SG) and ACV AUCTIONS INC (ACVA) stocks. They significantly reduced their stock positions in EXACT SCIENCES CORP (EXAS), MEDPACE HLDGS INC (MEDP) and APPLOVIN CORP (APP). Spyglass Capital Management LLC opened new stock positions in CARVANA CO (CVNA) and CREDO TECHNOLOGY GROUP HOLDI (CRDO). The fund showed a lot of confidence in some stocks as they added substantially to CADENCE DESIGN SYSTEM INC (CDNS), FAIR ISAAC CORP (FICO) and DOORDASH INC (DASH).
Spyglass Capital Management LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Spyglass Capital Management LLC made a return of -0.94% in the last quarter. In trailing 12 months, it's portfolio return was 4.03%.
- Performance
- S&P 500
New Buys
| Ticker | $ Bought |
|---|---|
| carvana co | 76,245,500 |
| credo technology group holdi | 55,953,100 |
New stocks bought by Spyglass Capital Management LLC
Additions
| Ticker | % Inc. |
|---|---|
| cadence design system inc | 134 |
| fair isaac corp | 79.02 |
| doordash inc | 67.33 |
| costar group inc | 57.42 |
| affirm hldgs inc | 43.81 |
| kinsale cap group inc | 37.52 |
| shift4 pmts inc | 36.69 |
| ncino inc | 35.4 |
Additions to existing portfolio by Spyglass Capital Management LLC
Reductions
| Ticker | % Reduced |
|---|---|
| exact sciences corp | -74.6 |
| medpace hldgs inc | -54.15 |
| applovin corp | -31.42 |
| mongodb inc | -21.92 |
| snowflake inc | -12.2 |
| illumina inc | -4.88 |
| global e online ltd | -0.73 |
Spyglass Capital Management LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| sweetgreen inc | -32,371,400 |
| acv auctions inc | -30,850,000 |
Spyglass Capital Management LLC got rid off the above stocks
Sector Distribution
Spyglass Capital Management LLC has about 54.9% of it's holdings in Technology sector.
- Technology
- Others
- Industrials
- Healthcare
- Real Estate
- Financial Services
- Consumer Cyclical
- Communication Services
| Sector | % |
|---|---|
| Technology | 54.9 |
| Others | 12.8 |
| Industrials | 9 |
| Healthcare | 7.3 |
| Real Estate | 5.3 |
| Financial Services | 3.9 |
| Consumer Cyclical | 3.8 |
| Communication Services | 3.1 |
Market Cap. Distribution
Spyglass Capital Management LLC has about 63.2% of it's portfolio invested in the large-cap and mega-cap stocks.
- LARGE-CAP
- MID-CAP
- UNALLOCATED
- MICRO-CAP
- SMALL-CAP
| Category | % |
|---|---|
| LARGE-CAP | 63.2 |
| MID-CAP | 14.9 |
| UNALLOCATED | 12.8 |
| MICRO-CAP | 5.3 |
| SMALL-CAP | 3.7 |
Stocks belong to which Index?
About 34.5% of the stocks held by Spyglass Capital Management LLC either belong to S&P 500 or RUSSELL 2000 index.
- Others
- RUSSELL 2000
- S&P 500
| Index | % |
|---|---|
| Others | 65.5 |
| RUSSELL 2000 | 18.1 |
| S&P 500 | 16.4 |
Spyglass Capital Management LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Spyglass Capital Management LLC
Spyglass Capital Management LLC has 25 stocks in it's portfolio. About 49.8% of the portfolio is in top 10 stocks. DUOL proved to be the most loss making stock for the portfolio. EXAS was the most profitable stock for Spyglass Capital Management LLC last quarter.
Last Reported on: 17 Feb, 2026| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAON | aaon inc | 4.57 | 1,198,920 | 91,417,700 | added | 12.17 | ||
| ACVA | acv auctions inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AFRM | affirm hldgs inc | 5.38 | 1,443,580 | 107,446,000 | added | 43.81 | ||
| APG | api group corp | 4.38 | 2,288,560 | 87,560,200 | added | 1.19 | ||
| APP | applovin corp | 4.07 | 120,638 | 81,288,300 | reduced | -31.42 | ||
| ASND | ascendis pharma a/s | 4.43 | 415,549 | 88,611,700 | added | 6.92 | ||
| CDNS | cadence design system inc | 4.25 | 271,492 | 84,863,000 | added | 134 | ||
| CRDO | credo technology group holdi | 2.80 | 388,860 | 55,953,100 | new | |||
| CSGP | costar group inc | 5.31 | 1,578,450 | 106,135,000 | added | 57.42 | ||
| CVNA | carvana co | 3.82 | 180,668 | 76,245,500 | new | |||
| DASH | doordash inc | 3.07 | 270,570 | 61,278,700 | added | 67.33 | ||
| DUOL | duolingo inc | 2.52 | 286,873 | 50,346,200 | added | 6.75 | ||
| EXAS | exact sciences corp | 2.74 | 539,886 | 54,830,800 | reduced | -74.6 | ||
| FICO | fair isaac corp | 4.19 | 49,539 | 83,751,600 | added | 79.02 | ||
| FOUR | shift4 pmts inc | 5.35 | 1,697,920 | 106,918,000 | added | 36.69 | ||
| GLBE | global e online ltd | 5.28 | 2,683,310 | 105,481,000 | reduced | -0.73 | ||
| HUBS | hubspot inc | 5.32 | 264,929 | 106,316,000 | added | 17.63 | ||
| ILMN | illumina inc | 2.63 | 401,533 | 52,665,100 | reduced | -4.88 | ||
| IOT | samsara inc | 4.16 | 2,347,000 | 83,201,000 | added | 6.67 | ||
| KNSL | kinsale cap group inc | 3.86 | 197,186 | 77,123,400 | added | 37.52 | ||