Latest Spence Asset Management Stock Portfolio
$394Million
Equity Portfolio Value
Last Reported on: 08 Apr, 2024
About Spence Asset Management and it’s 13F Hedge Fund Stock Holdings
Spence Asset Management is a hedge fund based in Las Cruces, NM. On 01-Jun-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $482.9 Millions. In it's latest 13F Holdings report, Spence Asset Management reported an equity portfolio of $366.7 Millions as of 31 Dec, 2023.
The top stock holdings of Spence Asset Management are V, MA, IDXX. The fund has invested 8.2% of it's portfolio in VISA INC COM CL A and 8% of portfolio in MASTERCARD INCORPORATED CL A.
The fund managers got completely rid off ISHARES MSCI ACWI EX U.S. ETF (AAXJ) and ISHARES RUSSELL 2000 ETF (AGG) stocks. They significantly reduced their stock positions in VEEVA SYS INC CL A COM (VEEV), ISHARES MSCI MEXICO ETF (ACWV) and GARTNER INC COM (IT). Spence Asset Management opened new stock positions in FAIR ISAAC CORP COM (FICO), SYNOPSYS INC COM (SNPS) and WISDOMTREE INDIA EARNINGS FUND (AGZD). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES 1-3 YEAR TREASURY BOND ETF (AGG), SPDR S&P OIL & GAS EXPLORATION & PRODUCTION ETF (BIL) and GOLDMAN SACHS ACTIVEBETA U.S. SMALL CAP EQUITY ETF (GBIL).
The top stock holdings of Spence Asset Management are V, MA, IDXX. The fund has invested 8.2% of it's portfolio in VISA INC COM CL A and 8% of portfolio in MASTERCARD INCORPORATED CL A.
The fund managers got completely rid off ISHARES MSCI ACWI EX U.S. ETF (AAXJ) and ISHARES RUSSELL 2000 ETF (AGG) stocks. They significantly reduced their stock positions in VEEVA SYS INC CL A COM (VEEV), ISHARES MSCI MEXICO ETF (ACWV) and GARTNER INC COM (IT). Spence Asset Management opened new stock positions in FAIR ISAAC CORP COM (FICO), SYNOPSYS INC COM (SNPS) and WISDOMTREE INDIA EARNINGS FUND (AGZD). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES 1-3 YEAR TREASURY BOND ETF (AGG), SPDR S&P OIL & GAS EXPLORATION & PRODUCTION ETF (BIL) and GOLDMAN SACHS ACTIVEBETA U.S. SMALL CAP EQUITY ETF (GBIL).
New Buys
| Ticker | $ Bought |
|---|---|
| MSCI INC COM | 12,240,000 |
| APPFOLIO INC COM CL A | 9,170,000 |
New stocks bought by Spence Asset Management
Additions
| Ticker | % Inc. |
|---|---|
| ISHARES EXPANDED TECH-SOFTWARE SECTOR ETF | 345 |
| TEXAS PACIFIC LAND CORPORATION COM | 207 |
| ALPHABET INC CAP STK CL A | 25.36 |
| ISHARES 1-3 YEAR TREASURY BOND ETF | 20.6 |
| SPDR S&P OIL & GAS EXPLORATION & PRODUCTION ETF | 12.08 |
| VANGUARD REAL ESTATE ETF | 9.48 |
| SAMSARA INC COM CL A | 5.48 |
| GOLDMAN SACHS ACTIVEBETA U.S. SMALL CAP EQUITY ETF | 3.35 |
Additions to existing portfolio by Spence Asset Management
Reductions
| Ticker | % Reduced |
|---|---|
| MEDPACE HLDGS INC COM | -29.97 |
| ALPHABET INC CAP STK CL C | -8.46 |
| INVESCO QQQ TRUST SERIES I | -6.66 |
| INTUITIVE SURGICAL INC COM NEW | -5.6 |
| INVESCO WATER RESOURCES ETF | -1.52 |
| SPDR S&P 500 ETF TRUST | -0.94 |
| MICROSOFT CORP COM | -0.77 |
| MASTERCARD INCORPORATED CL A | -0.13 |
Spence Asset Management reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| DIREXION NASDAQ-100 EQUAL WEIGHTED INDEX SHARES | -93,000 |
| VEEVA SYS INC CL A COM | -85,000 |
Spence Asset Management got rid off the above stocks
Current Stock Holdings of Spence Asset Management
Last Reported on: 08 Apr, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| ACWV | ISHARES MSCI MEXICO ETF | 0.12 | 6,872 | 476,000 | REDUCED | -0.09 | |
| ADBE | ADOBE INC COM | 4.82 | 37,700 | 19,026,000 | ADDED | 2.84 | |
| AGG | ISHARES EXPANDED TECH-SOFTWARE SECTOR ETF | 0.44 | 20,592 | 1,756,000 | ADDED | 345 | |
| AGG | ISHARES 1-3 YEAR TREASURY BOND ETF | 0.14 | 6,708 | 549,000 | ADDED | 20.6 | |
| AGG | ISHARES RUSSELL MIDCAP ETF | 0.04 | 1,943 | 163,000 | UNCHANGED | 0.00 | |
| AGG | ISHARES CORE U.S. AGGREGATE BOND ETF | 0.01 | 601 | 59,000 | UNCHANGED | 0.00 | |
| AGZD | WISDOMTREE INDIA EARNINGS FUND | 0.12 | 10,391 | 453,000 | ADDED | 1.97 | |
| ANSS | ANSYS INC COM | 4.56 | 51,908 | 18,019,000 | ADDED | 0.61 | |
| APPF | APPFOLIO INC COM CL A | 2.32 | 37,216 | 9,170,000 | NEW | ||
| BIL | SPDR S&P OIL & GAS EXPLORATION & PRODUCTION ETF | 0.27 | 6,867 | 1,064,000 | ADDED | 12.08 | |
| BRZU | DIREXION NASDAQ-100 EQUAL WEIGHTED INDEX SHARES | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| CSD | INVESCO WATER RESOURCES ETF | 0.33 | 19,568 | 1,303,000 | REDUCED | -1.52 | |
| FDS | FACTSET RESH SYS INC COM | 3.69 | 32,048 | 14,563,000 | ADDED | 1.83 | |
| FICO | FAIR ISAAC CORP COM | 2.22 | 7,032 | 8,787,000 | ADDED | 2.21 | |
| GBIL | GOLDMAN SACHS ACTIVEBETA U.S. SMALL CAP EQUITY ETF | 0.52 | 31,128 | 2,040,000 | ADDED | 3.35 | |
| GOOG | ALPHABET INC CAP STK CL C | 5.80 | 150,327 | 22,886,000 | REDUCED | -8.46 | |
| GOOG | ALPHABET INC CAP STK CL A | 0.03 | 791 | 119,000 | ADDED | 25.36 | |
| IDXX | IDEXX LABS INC COM | 5.78 | 42,269 | 22,824,000 | ADDED | 0.15 | |
| IOT | SAMSARA INC COM CL A | 2.34 | 244,750 | 9,248,000 | ADDED | 5.48 | |
| ISRG | INTUITIVE SURGICAL INC COM NEW | 5.57 | 55,105 | 21,991,000 | REDUCED | -5.6 | |
| IT | GARTNER INC COM | 5.26 | 43,561 | 20,763,000 | ADDED | 1.38 | |
| MA | MASTERCARD INCORPORATED CL A | 8.41 | 68,960 | 33,209,000 | REDUCED | -0.13 | |
| MDB | MONGODB INC CL A | 0.07 | 832 | 298,000 | UNCHANGED | 0.00 | |
| MEDP | MEDPACE HLDGS INC COM | 4.33 | 42,319 | 17,103,000 | REDUCED | -29.97 | |
| MSCI | MSCI INC COM | 3.10 | 21,869 | 12,240,000 | NEW | ||
| MSFT | MICROSOFT CORP COM | 5.97 | 56,072 | 23,590,000 | REDUCED | -0.77 | |
| PLD | PROLOGIS INC. COM | 4.87 | 147,585 | 19,219,000 | ADDED | 2.02 | |
| PLTR | PALANTIR TECHNOLOGIES INC CL A | 0.00 | 45.00 | 1,000 | UNCHANGED | 0.00 | |
| QQQ | INVESCO QQQ TRUST SERIES I | 0.48 | 4,314 | 1,915,000 | REDUCED | -6.66 | |
| ROP | ROPER TECHNOLOGIES INC COM | 5.52 | 38,884 | 21,807,000 | ADDED | 1.94 | |
| SNPS | SYNOPSYS INC COM | 2.04 | 14,120 | 8,070,000 | ADDED | 2.77 | |
| SPY | SPDR S&P 500 ETF TRUST | 1.63 | 12,285 | 6,426,000 | REDUCED | -0.94 | |
| TPL | TEXAS PACIFIC LAND CORPORATION COM | 2.25 | 15,322 | 8,871,000 | ADDED | 207 | |
| TYL | TYLER TECHNOLOGIES INC COM | 5.29 | 49,190 | 20,907,000 | ADDED | 0.96 | |
| V | VISA INC COM CL A | 8.17 | 115,641 | 32,274,000 | ADDED | 0.42 | |
| VEEV | VEEVA SYS INC CL A COM | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| VOO | VANGUARD REAL ESTATE ETF | 0.51 | 23,300 | 2,015,000 | ADDED | 9.48 | |
| VOO | VANGUARD S&P 500 ETF | 0.05 | 385 | 185,000 | UNCHANGED | 0.00 | |
| VRSK | VERISK ANALYTICS INC COM | 2.92 | 48,860 | 11,519,000 | ADDED | 2.82 |