SEC 13F Intelligence

Managers / Q3 2023 · view latest →

HS Management Partners, LLC

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

Reported Value
$2.1B
Q3 2023
Positions
22
Filings on Record
32
2019–present window
Filed
Oct 5, 2023
original filing

Summary

Hs Management Partners, LLC reported $2.1B in U.S.-listed holdings across 22 positions for Q3 2023.

Its largest position, SCHW, represents 6.3% of the portfolio.

Compared with Q2 2023, the fund opened 1 new position and exited 1.

Portfolio Metrics

Turnover
+7.6%
vs prior filed quarter
Top-10 Concentration
+55.5%
share of reported value
Largest Position
+6.3%
Schwab Charles
New / Exited
1 / 1
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: 95.7%ADR: 4.3%
  • Common Stock · 95.7% · $2.0B
  • ADR · 4.3% · $91M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MATMATTEL INCNEW+3.79M3.79M+$83M$83M
UPSUNITED PARCEL SERVICE INCSOLD OUT−413.3K0−$74M$0
MARMARRIOTT INTL INC NEWTRIMMED−339.7K209.0K−$60M$41M
SLBSCHLUMBERGER LTDTRIMMED−1.86M1.17M−$81M$68M
SBUXSTARBUCKS CORPADDED+331.9K1.01M+$25M$92M
DKSDICKS SPORTING GOODS INCADDED+221.3K1.12M+$3M$121M
MCDMCDONALDS CORPTRIMMED−63.7K208.1K−$26M$55M
PYPLPAYPAL HLDGS INCADDED+340.3K1.97M+$6M$115M

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

Holdings — Q3 2023

22 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SCHWSCHWAB CHARLES CORPhistory →COM6.26%$132M2.40M
2NKENIKE INChistory →CL B5.99%$126M1.32M
3GOOGALPHABET INChistory →CAP STK CL C5.83%$123M929.8K
4DKSDICKS SPORTING GOODS INChistory →COM5.76%$121M1.12M
5PYPLPAYPAL HLDGS INChistory →COM5.49%$115M1.97M
6RLRALPH LAUREN CORPhistory →CL A5.37%$113M971.9K
7YUMYUM BRANDS INChistory →COM5.27%$111M887.5K
8LMTLOCKHEED MARTIN CORPhistory →COM5.23%$110M269.1K
9PEPPEPSICO INChistory →COM5.17%$109M641.2K
10MDLZMONDELEZ INTL INChistory →CL A5.09%$107M1.54M
11PGPROCTER AND GAMBLE COhistory →COM4.75%$100M684.4K
12MSFTMICROSOFT CORPhistory →COM4.48%$94M298.2K
13WSMWILLIAMS SONOMA INChistory →COM4.39%$92M594.1K
14SBUXSTARBUCKS CORPhistory →COM4.39%$92M1.01M
15DGEDDIAGEO PLChistory →SPON ADR NEW4.31%$91M607.4K
16BLKCHFBLACKROCK INChistory →COM4.26%$90M138.5K
17KOCOCA COLA COhistory →COM4.14%$87M1.55M
18MATMATTEL INChistory →COM3.97%$83M3.79M
19SLBSCHLUMBERGER LTDhistory →COM STK3.23%$68M1.17M
20MCDMCDONALDS CORPhistory →COM2.61%$55M208.1K
21VVISA INChistory →COM CL A2.06%$43M187.9K
22MARMARRIOTT INTL INC NEWhistory →CL A1.95%$41M209.0K

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 ↗.