Managers / Q4 2021 · view latest →
Springhouse Capital Management, LP
CIK 0001660086 · 18 BURR FARMS ROAD, WESTPORT, CT, 06880 · 212-319-2570
Summary
Springhouse Capital Management, LP reported $142M in U.S.-listed holdings across 33 positions for Q4 2021.
Its largest position, GOOGL, represents 14.2% of the portfolio.
Compared with Q3 2021, the fund opened 11 new positions and exited 4.
Portfolio Metrics
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 59.5% · $85M
- Other · 32.5% · $46M
- ADR · 4.3% · $6M
- MLP · 3.7% · $5M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SPORTS ENTERTAINMENT ACQU CO | NEW | +1.67M | 1.67M | +$17M | $17M |
| FINTECH ACQUISITION CORP V | NEW | +575.2K | 575.2K | +$6M | $6M |
| GAPGAP INC | NEW | +317.0K | 317.0K | +$6M | $6M |
| NORTHERN STAR INVSTMNT CORP | NEW | +236.6K | 236.6K | +$2M | $2M |
| GMEGAMESTOP CORP NEW | NEW | +8.5K | 8.5K | +$1M | $1M |
| NORDSTROM INC | NEW | +53.5K | 53.5K | +$1M | $1M |
| TMETENCENT MUSIC ENTMT GROUP | NEW | +82.2K | 82.2K | +$563,000 | $563,000 |
| AUSTERLITZ ACQUISITION CORP | NEW | +45.7K | 45.7K | +$444,000 | $444,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2021
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 14.20% | $20M | 7.0K |
| 2 | GBLIGLOBAL INDEMNITY GROUP LLChistory → | COM CL A | 13.18% | $19M | 745.6K |
| 3 | SPORTS ENTERTAINMENT ACQU CO | COM CL A | 11.63% | $17M | 1.67M |
| 4 | G WILLI FOOD INTL LTD | ORD | 8.96% | $13M | 669.7K |
| 5 | PERSHING SQUARE TONTINE HLDG | COM CL A · *W EXP 07/24/202 | 7.75% | $11M | 583.0K |
| 6 | BP MIDSTREAM PARTNERS LP | UNIT LTD PTNR | 5.61% | $8M | 521.2K |
| 7 | METAMETA PLATFORMS INChistory → | CL A | 5.44% | $8M | 23.0K |
| 8 | CREDIT SUISSE GROUP | SPONSORED ADR | 4.20% | $6M | 619.0K |
| 9 | FINTECH ACQUISITION CORP V | COM CL A | 4.01% | $6M | 575.2K |
| 10 | GAPGAP INChistory → | COM | 3.94% | $6M | 317.0K |
| 11 | AMZNAMAZON COM INChistory → | COM | 3.61% | $5M | 1.5K |
| 12 | CALUMET SPECIALTY PRODS PART | UT LTD PARTNER | 1.94% | $3M | 209.1K |
| 13 | NORTHERN STAR INVSTMNT CORP | COM CLASS A | 1.61% | $2M | 236.6K |
| 14 | TWITTER INC | COM | 1.52% | $2M | 50.0K |
| 15 | BABAALIBABA GROUP HLDG LTDhistory → | SPONSORED ADS | 1.42% | $2M | 17.0K |
| 16 | BIDUBAIDU INChistory → | SPON ADR REP A | 1.32% | $2M | 12.6K |
| 17 | VIPSVIPSHOP HOLDINGS LIMITEDhistory → | SPONSORED ADS A | 1.21% | $2M | 205.1K |
| 18 | BURBURFORD CAP LTDhistory → | ORD SHS | 1.14% | $2M | 153.7K |
| 19 | CCITIGROUP INC | COM NEW | 0.88% | $1M | 20.8K |
| 20 | SHELL MIDSTREAM PARTNERS L P | UNIT LTD INT | 0.87% | $1M | 107.3K |
| 21 | GELGENESIS ENERGY L P | UNIT LTD PARTN | 0.86% | $1M | 114.8K |
| 22 | NORDSTROM INC | COM | 0.85% | $1M | 53.5K |
| 23 | VTRSVIATRIS INC | COM | 0.67% | $947,000 | 70.0K |
| 24 | GRPNGROUPON INC | COM NEW | 0.52% | $737,000 | 31.8K |
| 25 | OLLIOLLIES BARGAIN OUTLET HLDGS | COM | 0.40% | $563,000 | 11.0K |
| 26 | TMETENCENT MUSIC ENTMT GROUP | SPON ADS | 0.40% | $563,000 | 82.2K |
| 27 | AUSTERLITZ ACQUISITION CORP | SHS CL A | 0.31% | $444,000 | 45.7K |
| 28 | BRIGHTCOVE INC | COM | 0.31% | $440,000 | 43.1K |
| 29 | REDBALL ACQUISITION CORP | COM CL A | 0.23% | $324,000 | 32.7K |
| 30 | COHN ROBBINS HOLDINGS CORP | COM CL A | 0.13% | $180,000 | 18.3K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2023 | $55M | 22 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $60M | 22 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $75M | 27 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $75M | 32 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $150M | 47 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $202M | 57 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $157M | 44 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $142M | 33 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $106M | 26 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $111M | 23 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $100M | 19 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $104M | 21 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020REVEALED | $83M | 16 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $83M | 15 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $81M | 18 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $105M | 12 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $149M | 17 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $178M | 19 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $154M | 18 | May 15, 2019 | 13F-HR | changes · 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 ↗.