SEC 13F Intelligence

Managers / Q3 2022 · view latest →

CYPRESS FUNDS LLC

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

Reported Value
$556M
Q3 2022
Positions
13
Filings on Record
31
2019–present window
Filed
Nov 3, 2022
original filing

Summary

Cypress Funds LLC reported $556M in U.S.-listed holdings across 13 positions for Q3 2022.

Its largest position, AMZN, represents 14.9% of the portfolio.

Compared with Q2 2022, the fund opened 1 new position and exited 3.

Portfolio Metrics

Turnover
+15.1%
vs prior filed quarter
Top-10 Concentration
+87.6%
share of reported value
Largest Position
+14.9%
Amazon Com
New / Exited
1 / 3
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: 95.0%ADR: 5.0%
  • Common Stock · 95.0% · $528M
  • ADR · 5.0% · $28M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DISWALT DISNEY CONEW+280.0K280.0K+$26M$26M
BABOEING COADDED+270.0K410.0K+$31M$50M
DHID R HORTON INCSOLD OUT−741.6K0−$49M$0
LENLENNAR CORPSOLD OUT−284.5K0−$20M$0
CZRCAESARS ENTERTAINMENT INC NESOLD OUT−360.0K0−$14M$0
AMZNAMAZON COM INCADDED+360.5K731.8K+$32M$83M
AAPLAPPLE INCTRIMMED−360.5K371.3K−$26M$51M
NVDANVIDIA CORPORATIONTRIMMED−120.5K295.5K−$27M$36M

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

Holdings — Q3 2022

13 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AMZNAMAZON COM INChistory →COM14.88%$83M731.8K
2MSFTMICROSOFT CORPhistory →COM14.44%$80M344.7K
3AAPLAPPLE INChistory →COM9.23%$51M371.3K
4BABOEING COhistory →COM8.93%$50M410.0K
5FICOFAIR ISAAC CORPhistory →COM7.67%$43M103.5K
6FFORD MTR COhistory →COM7.04%$39M3.49M
7QCOMQUALCOMM INCORPORATEDhistory →COM7.02%$39M345.3K
8NVDANVIDIA CORPORATIONhistory →COM6.45%$36M295.5K
9SPGIS&P GLOBAL INChistory →COM6.44%$36M117.2K
10MAMASTERCARD INCORPORATEDhistory →CL A5.51%$31M107.7K
11SESEA LTD - ADRhistory →SPONSORD ADS4.97%$28M492.9K
12DISWALT DISNEY COhistory →COM4.75%$26M280.0K
13ROKUROKU INChistory →COM CL A2.66%$15M261.9K

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 ↗.