SEC 13F Intelligence

Managers / Q3 2021 · view latest →

HS Management Partners, LLC

CIK 0001455253 · 540 MADISON AVENUE, 24TH FLOOR, NEW YORK, NY, 10022 · 212-888-0060

Reported Value
$3.5B
Q3 2021
Positions
24
Filings on Record
32
2019–present window
Filed
Nov 12, 2021
original filing

Summary

Hs Management Partners, LLC reported $3.5B in U.S.-listed holdings across 24 positions for Q3 2021.

Its largest position, EBA, represents 6.5% of the portfolio.

Compared with Q2 2021, the fund opened 2 new positions and exited 2.

Portfolio Metrics

Turnover
+12.8%
vs prior filed quarter
Top-10 Concentration
+55.7%
share of reported value
Largest Position
+6.5%
Ebay
New / Exited
2 / 2
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: $2.8BQ4 ’18Q1 ’19: $3.0BQ2 ’19: $3.0BQ3 ’19: $3.0BQ4 ’19: $3.1BQ4 ’19Q1 ’20: $2.3BQ2 ’20: $2.7BQ3 ’20: $3.0BQ4 ’20: $3.3BQ4 ’20Q1 ’21: $3.4BQ2 ’21: $3.6BQ3 ’21: $3.5BQ4 ’21: $3.8BQ4 ’21Q1 ’22: $3.5BQ2 ’22: $2.8BQ3 ’22: $2.2BQ4 ’22: $2.2BQ4 ’22Q1 ’23: $2.3BQ2 ’23: $2.3BQ3 ’23: $2.1BQ4 ’23: $2.2BQ4 ’23Q1 ’24: $2.2BQ2 ’24: $1.8BQ3 ’24: $1.6BQ4 ’24: $1.5BQ4 ’24Q1 ’25: $1.2BQ2 ’25: $1.2BQ3 ’25: $770MQ4 ’25: $469MQ4 ’25Q1 ’26: $286Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 97.8%ADR: 2.2%
  • Common Stock · 97.8% · $3.4B
  • ADR · 2.2% · $78M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
RLRALPH LAUREN CORPNEW+1.56M1.56M+$173M$173M
KELKELLOGG CONEW+1.83M1.83M+$117M$117M
SHWSHERWIN WILLIAMS COSOLD OUT−254.4K0−$69M$0
AMZNAMAZON COM INCSOLD OUT−13.1K0−$45M$0
VVISA INCADDED+178.9K549.3K+$36M$122M
DGEDDIAGEO PLCTRIMMED−318.4K402.5K−$61M$78M
CB1ACONSTELLATION BRANDS INCADDED+220.1K780.9K+$33M$165M
DPZDOMINOS PIZZA INCTRIMMED−71.3K124.2K−$32M$59M

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

Holdings — Q3 2021

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EBAEBAY INC.history →COM6.48%$228M3.27M
2BBYBEST BUY INChistory →COM6.23%$219M2.07M
3QCOMQUALCOMM INChistory →COM6.13%$216M1.67M
4UPSUNITED PARCEL SERVICE INChistory →CL B6.09%$214M1.18M
5ATVIEURACTIVISION BLIZZARD INChistory →COM5.52%$194M2.51M
6PEPPEPSICO INChistory →COM5.37%$189M1.26M
7WSMWILLIAMS SONOMA INChistory →COM5.16%$181M1.02M
8GOOGALPHABET INChistory →CAP STK CL C4.97%$175M65.6K
9RLRALPH LAUREN CORPhistory →CL A4.92%$173M1.56M
10METAFACEBOOK INChistory →CL A4.84%$170M501.4K
11PGPROCTER AND GAMBLE COhistory →COM4.70%$165M1.18M
12CB1ACONSTELLATION BRANDS INChistory →CL A4.68%$165M780.9K
13WMTWALMART INChistory →COM4.36%$153M1.10M
14MSFTMICROSOFT CORPhistory →COM3.89%$137M484.7K
15DYHTARGET CORPhistory →COM3.82%$134M587.2K
16VVISA INChistory →COM CL A3.48%$122M549.3K
17MCDMCDONALDS CORPhistory →COM3.35%$118M488.5K
18KELKELLOGG COhistory →COM3.34%$117M1.83M
19AAPLAPPLE INChistory →COM2.53%$89M628.2K
20HDHOME DEPOT INChistory →COM2.39%$84M255.7K
21DGEDDIAGEO PLChistory →SPON ADR NEW2.21%$78M402.5K
22KOCOCA COLA COhistory →COM2.07%$73M1.38M
23NFLXNETFLIX INChistory →COM1.80%$63M103.9K
24DPZDOMINOS PIZZA INChistory →COM1.68%$59M124.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$286M24Apr 27, 202613F-HRchanges · EDGAR ↗
Q4 2025$469M24Feb 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$770M25Oct 23, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.2B25Jul 22, 2025RESTATEMENTchanges · EDGAR ↗
Q1 2025$1.2B23May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.5B23Feb 6, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.6B23Oct 29, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.8B22Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.2B23Apr 16, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.2B21Jan 11, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.1B22Oct 5, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.3B22Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.3B22May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$2.2B23Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.2B24Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.8B24Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.5B24May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.8B25Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$3.5B24Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$3.6B24Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$3.4B24May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$3.3B23Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$3.0B24Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.7B21Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.3B21May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.1B21Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$3.0B23Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$3.0B24Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$3.0B23May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.8B22Feb 13, 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 ↗.