Latest Loup Funds, LLC Stock Portfolio
$275Million– No. of Holdings #23
Loup Funds, LLC Performance:
2024 Q2: 1.53%YTD: 10.1%2023: 46.63%
Performance for 2024 Q2 is 1.53%, and YTD is 10.1%, and 2023 is 46.63%.
About Loup Funds, LLC and 13F Hedge Fund Stock Holdings
DEEPWATER ASSET MANAGEMENT, LLC is a hedge fund based in MINNEAPOLIS, MN. On 27-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $265 Millions. In it's latest 13F Holdings report, DEEPWATER ASSET MANAGEMENT, LLC reported an equity portfolio of $275.3 Millions as of 30 Jun, 2024.
The top stock holdings of DEEPWATER ASSET MANAGEMENT, LLC are FOUR, NU, NTNX. The fund has invested 5.6% of it's portfolio in SHIFT4 PMTS INC and 5.6% of portfolio in NU HLDGS LTD.
The fund managers got completely rid off RH (RH), PROGYNY INC (PGNY) and CROWDSTRIKE HLDGS INC (CRWD) stocks. They significantly reduced their stock positions in ALPHABET INC (GOOG), COUPANG INC (CPNG) and INTUITIVE SURGICAL INC (ISRG). DEEPWATER ASSET MANAGEMENT, LLC opened new stock positions in NUTANIX INC (NTNX), ARISTA NETWORKS INC (ANET) and BROADCOM INC (AVGO). The fund showed a lot of confidence in some stocks as they added substantially to VERTIV HOLDINGS CO (VRT), ONTO INNOVATION INC (ONTO) and MICRON TECHNOLOGY INC (MU).
The top stock holdings of DEEPWATER ASSET MANAGEMENT, LLC are FOUR, NU, NTNX. The fund has invested 5.6% of it's portfolio in SHIFT4 PMTS INC and 5.6% of portfolio in NU HLDGS LTD.
The fund managers got completely rid off RH (RH), PROGYNY INC (PGNY) and CROWDSTRIKE HLDGS INC (CRWD) stocks. They significantly reduced their stock positions in ALPHABET INC (GOOG), COUPANG INC (CPNG) and INTUITIVE SURGICAL INC (ISRG). DEEPWATER ASSET MANAGEMENT, LLC opened new stock positions in NUTANIX INC (NTNX), ARISTA NETWORKS INC (ANET) and BROADCOM INC (AVGO). The fund showed a lot of confidence in some stocks as they added substantially to VERTIV HOLDINGS CO (VRT), ONTO INNOVATION INC (ONTO) and MICRON TECHNOLOGY INC (MU).
Loup Funds, LLC Equity Portfolio Value
Last Reported on: 13 Aug, 2024
Loup Funds, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that DEEPWATER ASSET MANAGEMENT, LLC made a return of 1.53% in the last quarter. In trailing 12 months, it's portfolio return was 23.62%.
New Buys
| Ticker | $ Bought |
|---|---|
| nutanix inc | 15,480,100 |
| arista networks inc | 15,084,300 |
| broadcom inc | 13,913,500 |
| asml holding n v | 1,708,980 |
New stocks bought by Loup Funds, LLC
Additions
| Ticker | % Inc. |
|---|---|
| vertiv holdings co | 734 |
| onto innovation inc | 626 |
| micron technology inc | 620 |
| taiwan semiconductor mfg ltd | 597 |
| first watch restaurant group | 68.49 |
| lululemon athletica inc | 25.75 |
| take-two interactive softwar | 11.73 |
| block inc | 11.07 |
Additions to existing portfolio by Loup Funds, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| alphabet inc | -17.63 |
| alphabet inc | -17.03 |
| coupang inc | -16.00 |
| intuitive surgical inc | -12.76 |
| nu hldgs ltd | -9.38 |
| freshpet inc | -7.64 |
| mercadolibre inc | -6.31 |
| meta platforms inc | -3.07 |
Loup Funds, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| progyny inc | -14,998,700 |
| etsy inc | -12,060,800 |
| five below inc | -13,731,400 |
| unity software inc | -1,536,960 |
| crowdstrike hldgs inc | -14,610,900 |
| align technology inc | -14,467,500 |
| rh | -15,157,300 |
Loup Funds, LLC got rid off the above stocks
Sector Distribution
DEEPWATER ASSET MANAGEMENT, LLC has about 37.5% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 37.5 |
| Consumer Cyclical | 24.5 |
| Others | 11.6 |
| Communication Services | 11.6 |
| Industrials | 5.1 |
| Consumer Defensive | 5 |
| Healthcare | 4.7 |
Market Cap. Distribution
DEEPWATER ASSET MANAGEMENT, LLC has about 62.5% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 46.5 |
| MID-CAP | 21.4 |
| MEGA-CAP | 16 |
| UNALLOCATED | 11.6 |
| SMALL-CAP | 4.4 |
Stocks belong to which Index?
About 51.1% of the stocks held by DEEPWATER ASSET MANAGEMENT, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 48.9 |
| S&P 500 | 36.4 |
| RUSSELL 2000 | 14.7 |
Loup Funds, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Loup Funds, LLC
DEEPWATER ASSET MANAGEMENT, LLC has 23 stocks in it's portfolio. About 53.8% of the portfolio is in top 10 stocks. SQ proved to be the most loss making stock for the portfolio. CPNG was the most profitable stock for DEEPWATER ASSET MANAGEMENT, LLC last quarter.
Last Reported on: 13 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ACVA | acv auctions inc | 5.14 | 776,099 | 14,163,800 | reduced | -1.85 | ||
| ALGN | align technology inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ANET | arista networks inc | 5.48 | 43,039 | 15,084,300 | new | |||
| AVGO | broadcom inc | 5.05 | 86,660 | 13,913,500 | new | |||
| CIEN | ciena corp | 0.56 | 32,097 | 1,546,430 | unchanged | 0.00 | ||
| CPNG | coupang inc | 5.06 | 664,920 | 13,930,100 | reduced | -16.00 | ||
| CRWD | crowdstrike hldgs inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ETSY | etsy inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| FIVE | five below inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| FOUR | shift4 pmts inc | 5.63 | 211,429 | 15,508,300 | added | 2.2 | ||
| FRPT | freshpet inc | 4.97 | 105,677 | 13,673,500 | reduced | -7.64 | ||
| FWRG | first watch restaurant group | 4.44 | 695,649 | 12,215,600 | added | 68.49 | ||
| GOOG | alphabet inc | 4.92 | 73,908 | 13,556,200 | reduced | -17.03 | ||
| GOOG | alphabet inc | 0.60 | 9,004 | 1,640,080 | reduced | -17.63 | ||
| ISRG | intuitive surgical inc | 4.70 | 29,102 | 12,946,000 | reduced | -12.76 | ||
| LULU | lululemon athletica inc | 4.63 | 42,673 | 12,746,400 | added | 25.75 | ||
| MELI | mercadolibre inc | 5.26 | 8,815 | 14,486,600 | reduced | -6.31 | ||
| META | meta platforms inc | 5.46 | 29,802 | 15,026,800 | reduced | -3.07 | ||
| MU | micron technology inc | 4.93 | 103,304 | 13,587,600 | added | 620 | ||
| NTNX | nutanix inc | 5.62 | 272,298 | 15,480,100 | new | |||