SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Spouting Rock Asset Management, LLC

CIK 0001771174 · 925 W. LANCASTER AVENUE, SUITE 250, BRYN MAWR, PA, 19010 · 610-788-2128

Reported Value
$209M
Q3 2020
Positions
134
Filings on Record
17
2019–present window
Filed
Nov 16, 2020
original filing

Summary

Spouting Rock Asset Management, LLC reported $209M in U.S.-listed holdings across 134 positions for Q3 2020.

Its largest position, AMZN, represents 7.6% of the portfolio.

Compared with Q2 2020, the fund opened 35 new positions and exited 35.

Portfolio Metrics

Turnover
+25.0%
vs prior filed quarter
Top-10 Concentration
+36.3%
share of reported value
Largest Position
+7.6%
Amazon Com
New / Exited
35 / 35
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 ’20: $392MQ1 ’20Q2 ’20: $210MQ3 ’20: $209MQ3 ’20Q4 ’20: $316MQ1 ’21: $323MQ1 ’21Q2 ’21: $326MQ3 ’21: $201MQ3 ’21Q4 ’21: $128MQ1 ’22: $120MQ1 ’22Q2 ’22: $154MQ3 ’22: $130MQ3 ’22Q4 ’22: $135MQ1 ’23: $284MQ1 ’23Q2 ’23: $276MQ3 ’23: $313MQ3 ’23Q4 ’23: $273Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 81.7%REIT: 12.9%Other: 3.0%ADR: 1.7%ETP: 0.7%
  • Common Stock · 81.7% · $171M
  • REIT · 12.9% · $27M
  • Other · 3.0% · $6M
  • ADR · 1.7% · $3M
  • ETP · 0.7% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DNKNDUNKIN BRANDS GROUP INCNEW+22.5K22.5K+$2M$2M
DKNG1USDDRAFTKINGS INCNEW+26.8K26.8K+$2M$2M
ORCLORACLE CORPNEW+23.9K23.9K+$1M$1M
MTNVAIL RESORTS INCNEW+6.4K6.4K+$1M$1M
DEDEERE & CONEW+6.1K6.1K+$1M$1M
NUSNU SKIN ENTERPRISES INCNEW+26.8K26.8K+$1M$1M
COSTCOSTCO WHSL CORP NEWNEW+3.7K3.7K+$1M$1M
BRK/BBERKSHIRE HATHAWAY INC DELNEW+5.9K5.9K+$1M$1M

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

Holdings — Q3 2020

133 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AMZNAMAZON COM INChistory →COM7.59%$16M5.0K
28CWCROWN CASTLE INTL CORP NEWhistory →COM5.98%$13M75.1K
3MAMASTERCARD INCORPORATEDhistory →CL A5.51%$12M34.1K
4GOOGLALPHABET INCCAP STK CL A · CAP STK CL C4.95%$10M7.1K
5AAPLAPPLE INChistory →COM3.04%$6M54.8K
6AMTAMERICAN TOWER CORP NEWhistory →COM2.52%$5M21.8K
7RNGRINGCENTRAL INChistory →CL A2.07%$4M15.8K
8HUBSHUBSPOT INChistory →COM2.05%$4M14.7K
9MSFTMICROSOFT CORPhistory →COM1.32%$3M13.1K
10NDLSUSDNOODLES & COhistory →COM CL A1.29%$3M393.2K
11XPOXPO LOGISTICS INChistory →COM1.28%$3M31.7K
12FMCF M C CORPhistory →COM NEW1.26%$3M25.0K
13PLDPROLOGIS INC.history →COM1.23%$3M25.6K
14CB1ACONSTELLATION BRANDS INChistory →CL A1.18%$2M13.0K
15TTWOTAKE-TWO INTERACTIVE SOFTWARhistory →COM1.03%$2M13.0K
16AMDADVANCED MICRO DEVICES INChistory →COM1.02%$2M25.9K
17EXKEXACT SCIENCES CORPCOM1.00%$2M20.5K
18ATVIEURACTIVISION BLIZZARD INCCOM0.98%$2M25.4K
19IRTINDEPENDENCE RLTY TR INCCOM0.93%$2M167.9K
20LCIILCI INDSCOM0.93%$2M18.2K
21OPCHOPTION CARE HEALTH INCCOM NEW0.93%$2M145.0K
22DNKNDUNKIN BRANDS GROUP INCCOM0.88%$2M22.5K
23UNHUNITEDHEALTH GROUP INCCOM0.85%$2M5.7K
24TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.84%$2M21.8K
25DYHTARGET CORPCOM0.84%$2M11.1K
26KTOSKRATOS DEFENSE & SEC SOLUTIOCOM NEW0.83%$2M90.0K
27DHRDANAHER CORPORATIONCOM0.83%$2M8.1K
28QCOMQUALCOMM INCCOM0.83%$2M14.7K
29WCNWASTE CONNECTIONS INCCOM0.82%$2M16.6K
30IMAIMAX CORPCOM0.80%$2M139.3K
31APDAIR PRODS & CHEMS INCCOM0.80%$2M5.6K
32AXONAXON ENTERPRISE INCCOM0.78%$2M17.9K
33LGNDLIGAND PHARMACEUTICALS INCCOM NEW0.77%$2M16.9K
34DKNG1USDDRAFTKINGS INCCOM CL A0.76%$2M26.8K
35DWDMORGAN STANLEYCOM NEW0.76%$2M32.7K
36NMI1EURKIRKLAND LAKE GOLD LTDCOM0.75%$2M32.0K
37SAMBOSTON BEER INCCL A0.74%$2M1.8K
38ABBVABBVIE INCCOM0.73%$2M17.5K
39CHDCHURCH & DWIGHT INCCOM0.71%$1M15.8K
40ORCLORACLE CORPCOM0.68%$1M23.9K
41FIRST INDL RLTY TR INCCOM0.68%$1M35.6K
42TNDMTANDEM DIABETES CARE INCCOM NEW0.67%$1M12.3K
43UNFIUNITED NAT FOODS INCCOM0.66%$1M92.7K
44TTDTHE TRADE DESK INCCOM CL A0.66%$1M2.7K
45MTNVAIL RESORTS INCCOM0.65%$1M6.4K
46DEDEERE & COCOM0.65%$1M6.1K
47NVDANVIDIA CORPORATIONCOM0.65%$1M2.5K
48NUSNU SKIN ENTERPRISES INCCL A0.64%$1M26.8K
49COSTCOSTCO WHSL CORP NEWCOM0.63%$1M3.7K
50EASTERLY GOVT PPTYS INCCOM0.62%$1M57.9K
51AMEAMETEK INCCOM0.61%$1M12.9K
52BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.60%$1M5.9K
53TOLTOLL BROTHERS INCCOM0.60%$1M25.8K
54SNAPSNAP INCCL A0.59%$1M47.5K
55AARONS INCCOM PAR $0.500.58%$1M21.5K
56ECLECOLAB INCCOM0.57%$1M6.0K
57OREALTY INCOME CORPCOM0.57%$1M19.7K
58TAKEDA PHARMACEUTICAL CO LTDSPONSORED ADS0.56%$1M65.5K
59PLUNPLUG POWER INCCOM NEW0.56%$1M86.7K
60LABORATORY CORP AMER HLDGSCOM NEW0.56%$1M6.2K
61THOTHOR INDS INCCOM0.55%$1M12.1K
62KOCOCA COLA COCOM0.54%$1M22.8K
63UNPUNION PAC CORPCOM0.54%$1M5.7K
64JPMJPMORGAN CHASE & COCOM0.54%$1M11.7K
65PEPPEPSICO INCCOM0.53%$1M7.9K
66MMM3M COCOM0.51%$1M6.7K
67DWDPEURDUPONT DE NEMOURS INCCOM0.50%$1M19.0K
68AVALONBAY CMNTYS INCCOM0.50%$1M6.9K
69GARMIN LTDSHS0.49%$1M10.9K
70LOWLOWES COS INCCOM0.49%$1M6.2K
71EPAMEPAM SYS INCCOM0.49%$1M3.2K
72LPROOPEN LENDING CORPCOM CL A0.48%$999,00039.2K
73ZTSZOETIS INCCL A0.47%$985,0006.0K
74EGHT8X8 INC NEWCOM0.47%$982,00063.2K
75LOVELOVESAC COMPANYCOM0.46%$958,00034.6K
76ETSYETSY INCCOM0.45%$941,0007.7K
77BCBRUNSWICK CORPCOM0.44%$925,00015.7K
78AAWWUSDATLAS AIR WORLDWIDE HLDGS INCOM NEW0.44%$921,00015.1K
79GNMKGENMARK DIAGNOSTICS INCCOM0.44%$919,00064.7K
80LPXLOUISIANA PAC CORPCOM0.44%$913,00030.9K
81METAFACEBOOK INCCL A0.43%$898,0003.4K
82CRWDCROWDSTRIKE HLDGS INCCL A0.43%$897,0006.5K
83DOCUDOCUSIGN INCCOM0.42%$868,0004.0K
84ZSZSCALER INCCOM0.41%$867,0006.2K
85WMTWALMART INCCOM0.41%$867,0006.2K
86AMHAMERICAN HOMES 4 RENTCL A0.41%$864,00030.3K
87PYPLPAYPAL HLDGS INCCOM0.41%$858,0004.4K
88SLVISHARES SILVER TRISHARES0.39%$822,00038.0K
89ASGNEURASGN INCCOM0.39%$813,00012.8K
90PPGPPG INDS INCCOM0.39%$809,0006.6K
91GSGOLDMAN SACHS GROUP INCCOM0.39%$809,0004.0K
92HAINHAIN CELESTIAL GROUP INCCOM0.37%$778,00022.7K
93GDOTGREEN DOT CORPCL A0.37%$765,00015.1K
94SPWHSPORTSMANS WHSE HLDGS INCCOM0.36%$763,00053.3K
95TJXTJX COS INC NEWCOM0.36%$760,00013.7K
96CDNSCADENCE DESIGN SYSTEM INCCOM0.36%$750,0007.0K
97DCHAMERICAN AXLE & MFG HLDGS INCOM0.36%$746,000129.3K
98GENERAL ELECTRIC COCOM0.36%$746,000119.7K
99BMYBRISTOL-MYERS SQUIBB COCOM0.34%$714,00011.8K
100VRTXVERTEX PHARMACEUTICALS INCCOM0.33%$691,0002.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2023$273M118Feb 16, 202413F-HRchanges · EDGAR ↗
Q3 2023$313M152Nov 15, 202313F-HRchanges · EDGAR ↗
Q2 2023$276M157Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$284M175May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$135M140Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$130M142Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$154M133Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$120M56May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$128M59Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$201M101Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$326M204Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$323M207May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$316M173Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$209M134Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$210M134Aug 3, 202013F-HRchanges · EDGAR ↗
Q1 2020$392M150May 14, 202013F-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 ↗.