Managers / Q2 2022 · view latest →
Springhouse Capital Management, LP
CIK 0001660086 · 18 BURR FARMS ROAD, WESTPORT, CT, 06880 · 212-319-2570
Summary
Springhouse Capital Management, LP reported $202M in U.S.-listed holdings across 57 positions for Q2 2022.
Its largest position, Pershing Square Tontine Hldg, represents 10.0% of the portfolio.
Compared with Q1 2022, the fund opened 19 new positions and exited 7.
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
- Other · 44.7% · $90M
- Common Stock · 44.2% · $89M
- MLP · 7.8% · $16M
- ADR · 3.1% · $6M
- US DOMESTIC · 0.2% · $320,000
Quarter-over-Quarter Changes full breakdown →
vs Q1 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| BRIGHT LIGHTS ACQUISITION CO | NEW | +643.4K | 643.4K | +$6M | $6M |
| TUFIN SOFTWARE TECHNOLOGIE | NEW | +361.1K | 361.1K | +$5M | $5M |
| SPIRIT AIRLS INC | NEW | +152.8K | 152.8K | +$4M | $4M |
| EXPEEXPEDIA GROUP INC | NEW | +34.0K | 34.0K | +$3M | $3M |
| E MERGE TECHNOLOGY ACQUISITI | NEW | +314.9K | 314.9K | +$3M | $3M |
| SOCIAL CAPITAL HEDOSOPHA HLD | NEW | +241.2K | 241.2K | +$2M | $2M |
| VY GLOBAL GROWTH | NEW | +123.2K | 123.2K | +$1M | $1M |
| A K A BRANDS HLDG CORP | NEW | +440.3K | 440.3K | +$1M | $1M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | PERSHING SQUARE TONTINE HLDG | COM CL A | 10.03% | $20M | 1.01M |
| 2 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 8.46% | $17M | 7.8K |
| 3 | GBLIGLOBAL INDEMNITY GROUP LLChistory → | COM CL A | 6.68% | $13M | 521.1K |
| 4 | SHELL MIDSTREAM PARTNERS L P | UNIT LTD INT | 6.47% | $13M | 928.1K |
| 5 | FAR PEAK ACQUISITION CORP | SHS CL A | 5.89% | $12M | 1.21M |
| 6 | FINTECH ACQUISITION CORP V | COM CL A | 5.27% | $11M | 1.08M |
| 7 | G WILLI FOOD INTL LTD | ORD | 5.14% | $10M | 658.3K |
| 8 | ALTIMETER GROWTH CORP 2 | COM CL A | 4.00% | $8M | 818.3K |
| 9 | HORIZON ACQUISITION CORPORAT | SHS CL A | 3.96% | $8M | 805.9K |
| 10 | BRIGHT LIGHTS ACQUISITION CO | COM CL A | 3.14% | $6M | 643.4K |
| 11 | HEALTH ASSURN ACQUISITION CO | COM CL A | 2.69% | $5M | 549.2K |
| 12 | CNXXCONX CORPhistory → | COM CL A | 2.60% | $5M | 530.1K |
| 13 | TWITTER INC | COM | 2.57% | $5M | 138.8K |
| 14 | B RILEY PRINCIPAL 150 MERGER | COM CL A | 2.54% | $5M | 515.0K |
| 15 | CCITIGROUP INChistory → | COM NEW | 2.42% | $5M | 106.3K |
| 16 | TUFIN SOFTWARE TECHNOLOGIE | SHS | 2.25% | $5M | 361.1K |
| 17 | PINE IS ACQUISITION CORP | CL A | 1.99% | $4M | 407.1K |
| 18 | SPIRIT AIRLS INC | COM | 1.81% | $4M | 152.8K |
| 19 | EXPEEXPEDIA GROUP INChistory → | COM NEW | 1.60% | $3M | 34.0K |
| 20 | E MERGE TECHNOLOGY ACQUISITI | COM CL A | 1.56% | $3M | 314.9K |
| 21 | CREDIT SUISSE GROUP | SPONSORED ADR | 1.46% | $3M | 519.0K |
| 22 | NORTHERN STAR INVSTMNT CORP | COM CLASS A | 1.41% | $3M | 289.9K |
| 23 | SOCIAL CAPITAL HEDOSOPHA HLD | SHS CL A | 1.19% | $2M | 241.2K |
| 24 | CALUMET SPECIALTY PRODS PART | UT LTD PARTNER | 1.08% | $2M | 209.1K |
| 25 | METAMETA PLATFORMS INChistory → | CL A | 1.04% | $2M | 13.0K |
| 26 | VIPSVIPSHOP HOLDINGS LIMITEDhistory → | SPONSORED ADS A | 1.01% | $2M | 205.1K |
| 27 | BABAALIBABA GROUP HLDG LTD | SPONSORED ADS | 0.96% | $2M | 17.0K |
| 28 | AMZNAMAZON COM INC | COM | 0.94% | $2M | 17.8K |
| 29 | BIDUBAIDU INC | SPON ADR REP A | 0.93% | $2M | 12.6K |
| 30 | BURBURFORD CAP LTD | ORD SHS | 0.79% | $2M | 158.8K |
| 31 | VY GLOBAL GROWTH | COM CL A | 0.60% | $1M | 123.2K |
| 32 | A K A BRANDS HLDG CORP | COM | 0.60% | $1M | 440.3K |
| 33 | POSHMARK INC | COM CL A | 0.59% | $1M | 117.1K |
| 34 | TPG PACE BEN FIN CORP | CL A COM | 0.56% | $1M | 113.9K |
| 35 | NFLXNETFLIX INC | COM | 0.54% | $1M | 6.2K |
| 36 | CC NEUBERGER PRIN HLDGS II | SHS CL A | 0.49% | $989,000 | 99.0K |
| 37 | LIBERTY MEDIA ACQUISITION CO | COM SR A | 0.48% | $959,000 | 97.5K |
| 38 | RHRH | COM | 0.43% | $874,000 | 4.1K |
| 39 | AVANTI ACQUISITION CORP | SHS CL A | 0.43% | $860,000 | 86.8K |
| 40 | ALTITUDE ACQUISITION CORP | COM CL A | 0.37% | $738,000 | 74.5K |
| 41 | VTRSVIATRIS INC | COM | 0.36% | $733,000 | 70.0K |
| 42 | DPCM CAP INC | COM CL A | 0.35% | $716,000 | 72.2K |
| 43 | ANFABERCROMBIE & FITCH CO | CL A | 0.34% | $677,000 | 40.0K |
| 44 | GELGENESIS ENERGY L P | UNIT LTD PARTN | 0.30% | $600,000 | 74.8K |
| 45 | FOSLFOSSIL GROUP INC | COM | 0.25% | $509,000 | 98.5K |
| 46 | ACVAACV AUCTIONS INC | COM CL A | 0.25% | $508,000 | 77.7K |
| 47 | COHN ROBBINS HOLDINGS CORP | COM CL A | 0.25% | $507,000 | 51.0K |
| 48 | CNDTCONDUENT INC | COM | 0.22% | $442,000 | 102.4K |
| 49 | TMETENCENT MUSIC ENTMT GROUP | SPON ADS | 0.20% | $413,000 | 82.2K |
| 50 | WAYFAIR INC | NOTE 1.000% 8/1 | 0.16% | $320,000 | 500.0K |
| 51 | BRIGHTCOVE INC | COM | 0.13% | $272,000 | 43.1K |
| 52 | REALTHE REALREAL INC | COM | 0.11% | $216,000 | 86.9K |
| 53 | RIBBIT LEAP LTD | SHS CL A | 0.06% | $120,000 | 12.1K |
| 54 | EPIPHANY TECHNOLOGY ACQUISIT | COM CL A | 0.05% | $107,000 | 10.9K |
| 55 | MANA CAP ACQUISITION CORP | RIGHT 06/01/2024 | 0.00% | $6,000 | 32.6K |
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 ↗ |
| Q4 2018 | $207M | 22 | Feb 14, 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 ↗.