Latest Spence Asset Management Stock Portfolio
$426Million | No. of Holdings #87
Spence Asset Management Performance
2026 Q3+2.51%
YTD-3.72%
2025+1.13%
About Spence Asset Management and 13F Hedge Fund Stock Holdings
Westwind Capital is a hedge fund based in Las Cruces, NM. On 2026-10-08, the fund reported it's updated stock portfolio. In the 13F Holdings report, Westwind Capital reported an equity portfolio of $426.2 Millions as of 30 Sep, 2026. <br><br> The top stock holdings of Westwind Capital are VB, AMZN, GOOG. The fund has invested 6.8% of it's portfolio in VANGUARD S&P 500 ETF and 5.7% of portfolio in AMAZON COM INC COM. <br><br> The fund managers got completely rid off NEXTERA ENERGY INC COM (NEE), CIENA CORP COM NEW (CIEN) and NRG ENERGY INC COM NEW (NRG) stocks. They significantly reduced their stock positions in NETFLIX INC. COM (NFLX), VANGUARD REAL ESTATE ETF (VB) and VERTIV HOLDINGS CO COM CL A (VRT). Westwind Capital opened new stock positions in VANGUARD S&P 500 ETF (VB), CROWDSTRIKE HLDGS INC CL A (CRWD) and MARATHON PETE CORP COM (MPC). The fund showed a lot of confidence in some stocks as they added substantially to TUTTLE CAPITAL PURE PLAY PHOTONICS ETF, ISHARES U.S. REGIONAL BANKS ETF (AAXJ) and COMFORT SYS USA INC COM (FIX).
Spence Asset Management Equity Portfolio Value
Last Reported on: 08 Oct, 2026
$426Million
as of Oct 08, 2026Spence Asset Management Annual Return Estimates Vs S&P 500
Our best estimate is that Westwind Capital made a return of 2.51% in the last quarter. In trailing 12 months, it's portfolio return was -5.47%.
- Performance
- S&P 500
New Buys
| Ticker | $ Bought |
|---|---|
| vanguard s&p 500 etf | 28,944,000 |
| crowdstrike hldgs inc cl a | 7,256,000 |
| marathon pete corp com | 5,795,000 |
| stonex group inc com | 3,637,000 |
| cloudflare inc cl a com | 2,817,000 |
| state street spdr s&p north american natural resources etf | 2,274,000 |
| marvell technology inc com | 2,122,000 |
| monolithic pwr sys inc com | 1,784,000 |
New stocks bought by Spence Asset Management
Additions
| Ticker | % Inc. |
|---|---|
| tuttle capital pure play photonics etf | 48.09 |
| defiance ai & power infrastructure etf | 12.8 |
| ishares u.s. regional banks etf | 8.51 |
| comfort sys usa inc com | 8.45 |
| teradyne inc com | 8.12 |
| southwest airls co com | 5.92 |
| ebay inc. com | 5.73 |
| globe life inc com | 5.65 |
Additions to existing portfolio by Spence Asset Management
Reductions
| Ticker | % Reduced |
|---|---|
| netflix inc. com | -99.5 |
| vanguard real estate etf | -90.35 |
| vertiv holdings co com cl a | -49.8 |
| prologis inc. com | -49.04 |
| advanced micro devices inc com | -23.15 |
| marriott intl inc new cl a | -21.93 |
| texas pacific land corporation com | -15.81 |
| ishares expanded tech-software sector etf | -9.35 |
Spence Asset Management reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| nextera energy inc com | -12,150,000 |
| devon energy corp new com | -1,142,000 |
| bunge global sa com shs | -1,325,000 |
| incyte corp com | -1,405,000 |
| nrg energy inc com new | -1,799,000 |
| nucor corp com | -1,798,000 |
| electronic arts inc com | -1,404,000 |
| cboe global mkts inc com | -1,320,000 |
Spence Asset Management got rid off the above stocks
Sector Distribution
Westwind Capital has about 23% of it's holdings in Technology sector.
- Technology
- Others
- Financial Services
- Consumer Cyclical
- Healthcare
- Communication Services
- Industrials
- Consumer Defensive
- Real Estate
- Energy
| Sector | % |
|---|---|
| Technology | 23 |
| Others | 22.8 |
| Financial Services | 18.9 |
| Consumer Cyclical | 9.4 |
| Healthcare | 7.4 |
| Communication Services | 6.9 |
| Industrials | 4.5 |
| Consumer Defensive | 3.1 |
| Real Estate | 1.9 |
| Energy | 1.9 |
Market Cap. Distribution
Westwind Capital has about 76.4% of it's portfolio invested in the large-cap and mega-cap stocks.
- MEGA-CAP
- LARGE-CAP
- UNALLOCATED
| Category | % |
|---|---|
| MEGA-CAP | 44.5 |
| LARGE-CAP | 31.9 |
| UNALLOCATED | 22.8 |
Stocks belong to which Index?
About 68.3% of the stocks held by Westwind Capital either belong to S&P 500 or RUSSELL 2000 index.
- S&P 500
- Others
- RUSSELL 2000
| Index | % |
|---|---|
| S&P 500 | 64.3 |
| Others | 31.7 |
| RUSSELL 2000 | 4 |
Spence Asset Management Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Spence Asset Management
Westwind Capital has 87 stocks in it's portfolio. About 45.9% of the portfolio is in top 10 stocks. TPL proved to be the most loss making stock for the portfolio. WMT was the most profitable stock for Westwind Capital last quarter.
$426.22MTotal Value
100Positions
08 Oct, 2026Last Reported
| Expand | Holdingsorted ascending | % Portfolio | Shares Held | $ Value | % Change |
|---|---|---|---|---|---|
 AAXJ Ishares U.S. Regional Banks EtfIshares U.S. Regional Banks EtfAAXJ | 0.54% | 40,076 | $2.29M 0.54% | 8.51%increased 8.51 percentadded | |
AAXJ Ishares Asia 50 EtfIshares Asia 50 EtfAAXJ | 0.04% | 1,233 | $175.0K 0.04% | 0%unchanged 0 percentunchanged | |
 Airbnb Inc Com Cl A Spence Asset Management's holding in Airbnb Inc Com Cl A over time | 0.5% | 13,148 | $2.11M 0.5% | 0.05%decreased 0.05 percentreduced | |
 Applied Matls Inc Com Spence Asset Management's holding in Applied Matls Inc Com over time | 0.3% | 2,508 | $1.28M 0.3% | 2.56%decreased 2.56 percentreduced | |
 Advanced Micro Devices Inc Com Spence Asset Management's holding in Advanced Micro Devices Inc Com over time | 0.64% | 4,489 | $2.75M 0.64% | 23.15%decreased 23.15 percentreduced | |
 Amazon Com Inc Com Spence Asset Management's holding in Amazon Com Inc Com over time | 5.74% | 98,258 | $24.48M 5.74% | 6.48%decreased 6.48 percentreduced | |
 Arista Networks Inc Com Shs Spence Asset Management's holding in Arista Networks Inc Com Shs over time | 0.41% | 8,581 | $1.75M 0.41% | Newnew position | |
 Applovin Corp Com Cl A Spence Asset Management's holding in Applovin Corp Com Cl A over time | 0.13% | 1,853 | $538.0K 0.13% | 4.34%increased 4.34 percentadded | |
 Broadcom Inc Com Broadcom Inc ComAVGO Spence Asset Management's holding in Broadcom Inc Com over time | 0.34% | 4,109 | $1.44M 0.34% | 1.86%decreased 1.86 percentreduced | |
 Bloom Energy Corp Com Cl A Spence Asset Management's holding in Bloom Energy Corp Com Cl A over time | 2.5% | 38,470 | $10.65M 2.5% | 6.94%decreased 6.94 percentreduced | |
 Bunge Global Sa Com Shs Spence Asset Management's holding in Bunge Global Sa Com Shs over time | 0% | 0.00 | $0.00 0% | 100%decreased 100 percentsold off | |
 BIL State Street Spdr Portfolio S&P 500 EtfState Street Spdr Portfolio S&P 500 EtfBIL | 5.06% | 240,135 | $21.55M 5.06% | 2.93%decreased 2.93 percentreduced | |
 BNDD Kraneshares Public-Private Ai & Technology EtfKraneshares Public-Private Ai & Technology EtfBNDD | 0.64% | 57,001 | $2.71M 0.64% | 6.11%decreased 6.11 percentreduced | |
 Boston Scientific Corp Com Spence Asset Management's holding in Boston Scientific Corp Com over time | 0.01% | 1,369 | $60.0K 0.01% | Newnew position | |
 CGW Invesco S&P International Developed Momentum EtfInvesco S&P International Developed Momentum EtfCGW | 1.23% | 86,158 | $5.26M 1.23% | 5.18%decreased 5.18 percentreduced | |
 Ciena Corp Com New Spence Asset Management's holding in Ciena Corp Com New over time | 0% | 0.00 | $0.00 0% | 100%decreased 100 percentsold off | |
 Cummins Inc Com Spence Asset Management's holding in Cummins Inc Com over time | 0% | 0.00 | $0.00 0% | 100%decreased 100 percentsold off | |
 Crowdstrike Hldgs Inc Cl A Spence Asset Management's holding in Crowdstrike Hldgs Inc Cl A over time | 1.7% | 27,407 | $7.26M 1.7% | Newnew position | |
 Cisco Sys Inc Com Spence Asset Management's holding in Cisco Sys Inc Com over time | 0.42% | 16,431 | $1.77M 0.42% | Newnew position | |
 CWI State Street Spdr S&P North American Natural Resources EtfState Street Spdr S&P North American Natural Resources EtfCWI | 0.53% | 27,143 | $2.27M 0.53% | Newnew position | |