SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Springhouse Capital Management, LP

CIK 0001660086 · 18 BURR FARMS ROAD, WESTPORT, CT, 06880 · 212-319-2570

Reported Value
$150M
Q3 2022
Positions
47
Filings on Record
20
2019–present window
Filed
Nov 14, 2022
original filing

Summary

Springhouse Capital Management, LP reported $150M in U.S.-listed holdings across 47 positions for Q3 2022.

Its largest position, GOOGL, represents 10.0% of the portfolio.

Compared with Q2 2022, the fund opened 9 new positions and exited 18.

Portfolio Metrics

Turnover
+11.5%
vs prior filed quarter
Top-10 Concentration
+67.4%
share of reported value
Largest Position
+10.0%
Alphabet
New / Exited
9 / 18
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, 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

13F Reported Value
Q1 ’19: $154MQ1 ’19Q2 ’19: $178MQ3 ’19: $149MQ4 ’19: $105MQ4 ’19Q1 ’20: $81MQ2 ’20: $83MQ3 ’20: $83MQ3 ’20Q4 ’20: $104MQ1 ’21: $100MQ2 ’21: $111MQ2 ’21Q3 ’21: $106MQ4 ’21: $142MQ1 ’22: $157MQ1 ’22Q2 ’22: $202MQ3 ’22: $150MQ4 ’22: $75MQ4 ’22Q1 ’23: $75MQ2 ’23: $60MQ3 ’23: $55MQ3 ’23filingsflow.com

Portfolio Composition

By security type
Other: 46.1%Common Stock: 38.1%MLP: 12.3%ADR: 3.3%US DOMESTIC: 0.2%
  • Other · 46.1% · $69M
  • Common Stock · 38.1% · $57M
  • MLP · 12.3% · $18M
  • ADR · 3.3% · $5M
  • US DOMESTIC · 0.2% · $311,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPNTSIRIUSPOINT LTDNEW+793.4K793.4K+$4M$4M
M D C HLDGS INCNEW+91.8K91.8K+$3M$3M
ETENERGY TRANSFER L PNEW+107.7K107.7K+$1M$1M
CRUCIBLE ACQUISITION CORPNEW+101.0K101.0K+$1M$1M
CTRNCITI TRENDS INCNEW+37.3K37.3K+$578,000$578,000
EHTHEHEALTH INCNEW+86.7K86.7K+$339,000$339,000
BIGGQBIG LOTS INCNEW+20.3K20.3K+$317,000$317,000
FDXFEDEX CORPNEW+2.0K2.0K+$297,000$297,000

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

Holdings — Q3 2022

46 positions (from 47 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGLALPHABET INCCAP STK CL A · CAP STK CL C9.97%$15M156.4K
2SHELL MIDSTREAM PARTNERS L PUNIT LTD INT9.27%$14M880.9K
3FAR PEAK ACQUISITION CORPSHS CL A7.96%$12M1.21M
4GBLIGLOBAL INDEMNITY GROUP LLChistory →COM CL A7.26%$11M494.5K
5BRIGHT LIGHTS ACQUISITION COCOM CL A6.82%$10M1.03M
6FINTECH ACQUISITION CORP VCOM CL A6.05%$9M912.3K
7G WILLI FOOD INTL LTDORD5.81%$9M650.0K
8ALTIMETER GROWTH CORP 2COM CL A5.78%$9M876.4K
9CCITIGROUP INChistory →COM NEW4.83%$7M174.3K
10HEALTH ASSURN ACQUISITION COCOM CL A3.66%$6M550.9K
11HORIZON ACQUISITION CORPORATSHS CL A3.13%$5M470.9K
12PINE IS ACQUISITION CORPCL A2.93%$4M441.5K
13SPNTSIRIUSPOINT LTDhistory →COM2.61%$4M793.4K
14EXPEEXPEDIA GROUP INChistory →COM NEW2.12%$3M34.0K
15NORTHERN STAR INVSTMNT CORPCOM CLASS A2.09%$3M317.5K
16CNXXCONX CORPhistory →COM CL A1.80%$3M271.0K
17CALUMET SPECIALTY PRODS PARTUT LTD PARTNER1.78%$3M209.1K
18M D C HLDGS INCCOM1.67%$3M91.8K
19AMZNAMAZON COM INChistory →COM1.34%$2M17.8K
20CREDIT SUISSE GROUPSPONSORED ADR1.22%$2M469.0K
21VIPSVIPSHOP HOLDINGS LIMITEDhistory →SPONSORED ADS A1.15%$2M205.1K
22BIDUBAIDU INCSPON ADR REP A0.98%$1M12.6K
23BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.90%$1M17.0K
24METAMETA PLATFORMS INCCL A0.90%$1M10.0K
25BURBURFORD CAP LTDORD SHS0.79%$1M158.8K
26ETENERGY TRANSFER L PCOM UT LTD PTN0.79%$1M107.7K
27ANFABERCROMBIE & FITCH COCL A0.79%$1M76.0K
28LIBERTY MEDIA ACQUISITION COCOM SR A0.67%$1M101.7K
29CRUCIBLE ACQUISITION CORPCOM CL A0.67%$1M101.0K
30GELGENESIS ENERGY L PUNIT LTD PARTN0.46%$688,00074.8K
31A K A BRANDS HLDG CORPCOM0.43%$646,000445.3K
32VTRSVIATRIS INCCOM0.40%$596,00070.0K
33AVANTI ACQUISITION CORPSHS CL A0.39%$589,00058.8K
34CTRNCITI TRENDS INCCOM0.38%$578,00037.3K
35ACVAACV AUCTIONS INCCOM CL A0.37%$559,00077.7K
36FOSLFOSSIL GROUP INCCOM0.25%$378,000110.6K
37EHTHEHEALTH INCCOM0.23%$339,00086.7K
38TMETENCENT MUSIC ENTMT GROUPSPON ADS0.22%$334,00082.2K
39BIGGQBIG LOTS INCCOM0.21%$317,00020.3K
40WAYFAIR INCNOTE 1.000% 8/10.21%$311,000500.0K
41FDXFEDEX CORPCOM0.20%$297,0002.0K
42BRIGHTCOVE INCCOM0.18%$272,00043.1K
43SPIRIT AIRLS INCCOM0.15%$230,00012.2K
44CHURCHILL CAPITAL CORP VCOM CL A0.08%$124,00012.5K
45EPIPHANY TECHNOLOGY ACQUISITCOM CL A0.07%$108,00010.9K
46MANA CAP ACQUISITION CORPRIGHT 06/01/20240.01%$9,00032.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2023$55M22Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$60M22Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$75M27May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$75M32Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$150M47Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$202M57Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$157M44May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$142M33Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$106M26Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$111M23Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$100M19May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$104M21Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020REVEALED$83M16Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$83M15Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$81M18May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$105M12Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$149M17Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$178M19Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$154M18May 15, 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 ↗.