SEC 13F Intelligence

Managers / Q3 2021 · view latest →

Spouting Rock Asset Management, LLC

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

Reported Value
$201M
Q3 2021
Positions
101
Filings on Record
17
2019–present window
Filed
Nov 15, 2021
original filing

Summary

Spouting Rock Asset Management, LLC reported $201M in U.S.-listed holdings across 101 positions for Q3 2021.

Its largest position, MA, represents 4.3% of the portfolio.

Compared with Q2 2021, the fund opened 19 new positions and exited 122.

Portfolio Metrics

Turnover
+15.3%
vs prior filed quarter
Top-10 Concentration
+25.4%
share of reported value
Largest Position
+4.3%
Mastercard Incorporated
New / Exited
19 / 122
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
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: 84.6%REIT: 11.3%Other: 3.2%ETP: 0.8%ADR: 0.1%
  • Common Stock · 84.6% · $170M
  • REIT · 11.3% · $23M
  • Other · 3.2% · $6M
  • ETP · 0.8% · $2M
  • ADR · 0.1% · $216,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SAHSONIC AUTOMOTIVE INCNEW+79.0K79.0K+$4M$4M
GTNGRAY TELEVISION INCNEW+159.0K159.0K+$4M$4M
CRCCALIFORNIA RES CORPNEW+56.0K56.0K+$2M$2M
T77LENDINGTREE INC NEWNEW+15.8K15.8K+$2M$2M
MAKEMYTRIP LIMITED MAURITIUSNEW+75.7K75.7K+$2M$2M
EASTERLY GOVT PPTYS INCNEW+83.1K83.1K+$2M$2M
G3VGREEN PLAINS INCNEW+48.4K48.4K+$2M$2M
GXOGXO LOGISTICS INCORPORATEDNEW+17.0K17.0K+$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 2021

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MAMASTERCARD INCORPORATEDhistory →CL A4.32%$9M24.9K
28CWCROWN CASTLE INTL CORP NEWhistory →COM4.30%$9M49.7K
3AAPLAPPLE INChistory →COM2.75%$6M39.0K
4DARDARLING INGREDIENTS INChistory →COM2.13%$4M59.4K
5MSFTMICROSOFT CORPhistory →COM2.11%$4M15.0K
6SAHSONIC AUTOMOTIVE INChistory →CL A2.07%$4M79.0K
7SKYWSKYWEST INChistory →COM1.98%$4M80.5K
8MEDPMEDPACE HLDGS INChistory →COM1.95%$4M20.7K
9PRFTUSDPERFICIENT INChistory →COM1.95%$4M33.8K
10TNDMTANDEM DIABETES CARE INChistory →COM NEW1.83%$4M30.7K
11GTNGRAY TELEVISION INChistory →COM1.81%$4M159.0K
12RCMEURR1 RCM INChistory →COM1.77%$4M161.1K
131S4HARBORONE BANCORP INC NEWhistory →COM NEW1.74%$3M248.7K
14PAHUSDELEMENT SOLUTIONS INChistory →COM1.72%$3M158.9K
15RGENREPLIGEN CORPhistory →COM1.71%$3M11.9K
16NVEEUSDNV5 GLOBAL INChistory →COM1.70%$3M34.6K
17ABBVABBVIE INChistory →COM1.69%$3M31.3K
18MGPIMGP INGREDIENTS INC NEWhistory →COM1.66%$3M51.1K
19AZTABROOKS AUTOMATION INC NEWhistory →COM1.65%$3M32.3K
20TENBTENABLE HLDGS INChistory →COM1.60%$3M69.7K
21PLDPROLOGIS INC.history →COM1.58%$3M25.3K
22ADCAGREE RLTY CORPhistory →COM1.57%$3M47.5K
23PINGUSDPING IDENTITY HLDG CORPhistory →COM1.56%$3M127.4K
24FCNFTI CONSULTING INChistory →COM1.56%$3M23.2K
25NDLSUSDNOODLES & COhistory →COM CL A1.53%$3M260.6K
26AXONAXON ENTERPRISE INChistory →COM1.52%$3M17.4K
27PRIMPRIMORIS SVCS CORPhistory →COM1.47%$3M120.4K
28HASIHANNON ARMSTRONG SUST INFR Chistory →COM1.44%$3M54.0K
29DWDMORGAN STANLEYhistory →COM NEW1.37%$3M28.2K
30LHCGUSDLHC GROUP INChistory →COM1.36%$3M17.4K
31AMDADVANCED MICRO DEVICES INChistory →COM1.35%$3M26.4K
32RNGRINGCENTRAL INChistory →CL A1.33%$3M12.2K
33ROCKGIBRALTAR INDS INChistory →COM1.29%$3M37.3K
34FBCUSDFLAGSTAR BANCORP INChistory →COM PAR .0011.20%$2M47.4K
35CRCCALIFORNIA RES CORPhistory →COM STOCK1.14%$2M56.0K
36MTZMASTEC INChistory →COM1.10%$2M25.7K
37T77LENDINGTREE INC NEWhistory →COM1.10%$2M15.8K
38WCNWASTE CONNECTIONS INChistory →COM1.04%$2M16.6K
39TTWOTAKE-TWO INTERACTIVE SOFTWARhistory →COM1.03%$2M13.4K
40MAKEMYTRIP LIMITED MAURITIUSSHS1.03%$2M75.7K
41BCBRUNSWICK CORPhistory →COM1.01%$2M21.3K
42IRTINDEPENDENCE RLTY TR INCCOM0.95%$2M93.5K
43SNAPSNAP INCCL A0.93%$2M25.2K
44LCIILCI INDSCOM0.91%$2M13.5K
45NOMAD FOODS LTDUSD ORD SHS0.90%$2M65.5K
46PFEPFIZER INCCOM0.88%$2M40.9K
47EASTERLY GOVT PPTYS INCCOM0.86%$2M83.1K
48ROFKFORCE INCCOM0.85%$2M28.7K
49TTDTHE TRADE DESK INCCOM CL A0.83%$2M23.7K
50XPOXPO LOGISTICS INCCOM0.80%$2M20.2K

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 ↗.