SEC 13F Intelligence

Managers / Q3 2019 · view latest →

CYPRESS FUNDS LLC

CIK 0001081198 · 515 S. FLOWER ST., SUITE 4150, LOS ANGELES, CA, 90071 · 213-891-6375

Reported Value
$513M
Q3 2019
Positions
17
Filings on Record
31
2019–present window
Filed
Nov 6, 2019
original filing

Summary

Cypress Funds LLC reported $513M in U.S.-listed holdings across 17 positions for Q3 2019.

Its largest position, AMZN, represents 11.3% of the portfolio.

Compared with Q2 2019, the fund opened 4 new positions and exited 7.

Portfolio Metrics

Turnover
+27.3%
vs prior filed quarter
Top-10 Concentration
+74.8%
share of reported value
Largest Position
+11.3%
Amazon Com
New / Exited
4 / 7
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $401MQ4 ’18Q1 ’19: $630MQ2 ’19: $635MQ3 ’19: $513MQ4 ’19: $539MQ4 ’19Q1 ’20: $478MQ2 ’20: $734MQ3 ’20: $936MQ4 ’20: $1.1BQ4 ’20Q1 ’21: $1.1BQ2 ’21: $1.2BQ3 ’21: $1.2BQ4 ’21: $1.2BQ4 ’21Q1 ’22: $903MQ2 ’22: $637MQ3 ’22: $556MQ2 ’23: $796MQ2 ’23Q3 ’23: $744MQ4 ’23: $861MQ1 ’24: $932MQ2 ’24: $745MQ2 ’24Q3 ’24: $931MQ4 ’24: $922MQ1 ’25: $1.1BQ2 ’25: $1.2BQ2 ’25Q3 ’25: $763MQ4 ’25: $605MQ1 ’26: $398MQ2 ’26: $398MQ2 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 95.1%ADR: 4.9%
  • Common Stock · 95.1% · $488M
  • ADR · 4.9% · $25M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SESEA LTDNEW+820.0K820.0K+$25M$25M
DHID R HORTON INCNEW+450.0K450.0K+$24M$24M
RNGRINGCENTRAL INCNEW+180.0K180.0K+$23M$23M
PGRPROGRESSIVE CORP OHIONEW+250.0K250.0K+$19M$19M
FICOFAIR ISAAC CORPADDED+115.0K205.0K+$34M$62M
BABOEING COSOLD OUT−186.0K0−$68M$0
OKTAOKTA INCSOLD OUT−260.0K0−$32M$0
TWLOTWILIO INCSOLD OUT−230.0K0−$31M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2019

14 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AMZNAMAZON COM INChistory →COM11.33%$58M33.5K
2ROKUROKU INChistory →COM CL A8.53%$44M430.0K
3MSFTMICROSOFT CORPhistory →COM8.40%$43M310.0K
4FICOFAIR ISAAC CORPhistory →COM7.98%$41M135.0K
5LMTLOCKHEED MARTIN CORPhistory →COM7.60%$39M100.0K
6METAFACEBOOK INChistory →CL A7.46%$38M215.0K
7INTUINTUIThistory →COM7.31%$37M141.0K
8CRMSALESFORCE COM INChistory →COM5.78%$30M200.0K
9XPOXPO LOGISTICS INChistory →COM5.44%$28M390.0K
10SESEA LTDhistory →SPONSORED ADS4.94%$25M820.0K
11ZEN1EURZENDESK INChistory →COM4.76%$24M335.0K
12DHID R HORTON INChistory →COM4.62%$24M450.0K
13RNGRINGCENTRAL INChistory →CL A4.41%$23M180.0K
14PGRPROGRESSIVE CORP OHIOhistory →COM3.76%$19M250.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026$398M14Jul 9, 202613F-HRchanges · EDGAR ↗
Q1 2026$398M14May 12, 2026RESTATEMENTchanges · EDGAR ↗
Q4 2025$605M14Jan 20, 202613F-HRchanges · EDGAR ↗
Q3 2025$763M15Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.2B16Jul 16, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.1B16May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$922M15Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$931M15Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$745M13Aug 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$932M14May 9, 202413F-HRchanges · EDGAR ↗
Q4 2023$861M15Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$744M14Nov 1, 202313F-HRchanges · EDGAR ↗
Q2 2023$796M14Aug 7, 202313F-HRchanges · EDGAR ↗
Q1 2023Under review14May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review13Jan 30, 202313F-HRchanges · EDGAR ↗
Q3 2022$556M13Nov 3, 202213F-HRchanges · EDGAR ↗
Q2 2022$637M15Aug 2, 202213F-HRchanges · EDGAR ↗
Q1 2022$903M16May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.2B16Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.2B18Oct 28, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.2B18Aug 3, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.1B17May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.1B17Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$936M16Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$734M15Aug 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$478M14May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$539M15Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$513M17Nov 6, 201913F-HRchanges · EDGAR ↗
Q2 2019$635M19Aug 1, 201913F-HRchanges · EDGAR ↗
Q1 2019$630M21May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$401M14Feb 7, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.