SEC 13F Intelligence

Managers / Q4 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
$128M
Q4 2021
Positions
59
Filings on Record
17
2019–present window
Filed
Feb 10, 2022
original filing

Summary

Spouting Rock Asset Management, LLC reported $128M in U.S.-listed holdings across 59 positions for Q4 2021.

Its largest position, 8CW, represents 6.7% of the portfolio.

Compared with Q3 2021, the fund opened 7 new positions and exited 49.

Portfolio Metrics

Turnover
+5.0%
vs prior filed quarter
Top-10 Concentration
+36.7%
share of reported value
Largest Position
+6.7%
Crown Castle Intl
New / Exited
7 / 49
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: 83.4%REIT: 14.7%Other: 1.7%ADR: 0.2%
  • Common Stock · 83.4% · $106M
  • REIT · 14.7% · $19M
  • Other · 1.7% · $2M
  • ADR · 0.2% · $257,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
RHPRYMAN HOSPITALITY PPTYS INCNEW+22.5K22.5K+$2M$2M
SMARGBPSMARTSHEET INCNEW+10.2K10.2K+$786,000$786,000
IASINTEGRAL AD SCIENCE HLDNG CONEW+10.6K10.6K+$235,000$235,000
ATECALPHATEC HLDGS INCNEW+20.2K20.2K+$231,000$231,000
OLOGBXOLO INCNEW+10.5K10.5K+$218,000$218,000
HLMNHILLMAN SOLUTIONS CORPNEW+19.8K19.8K+$213,000$213,000
ATRSEURANTARES PHARMA INCNEW+56.3K56.3K+$201,000$201,000
AXONAXON ENTERPRISE INCSOLD OUT−17.4K0−$3M$0

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

Holdings — Q4 2021

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
18CWCROWN CASTLE INTL CORP NEWhistory →COM6.65%$8M40.7K
2MAMASTERCARD INCORPORATEDhistory →CL A4.82%$6M17.1K
3AAPLAPPLE INChistory →COM3.52%$4M25.3K
4SAHSONIC AUTOMOTIVE INChistory →CL A3.33%$4M85.8K
5GTNGRAY TELEVISION INChistory →COM3.28%$4M207.2K
6DARDARLING INGREDIENTS INChistory →COM3.08%$4M56.7K
7MGPIMGP INGREDIENTS INC NEWhistory →COM3.07%$4M46.1K
8NVEEUSDNV5 GLOBAL INChistory →COM3.05%$4M28.2K
9TNDMTANDEM DIABETES CARE INChistory →COM NEW2.97%$4M25.2K
10RCMEURR1 RCM INChistory →COM2.91%$4M145.9K
11SKYWSKYWEST INChistory →COM2.79%$4M90.6K
12MSFTMICROSOFT CORPhistory →COM2.75%$4M10.4K
13TENBTENABLE HLDGS INChistory →COM2.68%$3M62.1K
14PAHUSDELEMENT SOLUTIONS INChistory →COM2.54%$3M133.4K
15FCNFTI CONSULTING INChistory →COM2.49%$3M20.7K
16ADCAGREE RLTY CORPhistory →COM2.41%$3M43.0K
17MEDPMEDPACE HLDGS INChistory →COM2.39%$3M14.0K
181S4HARBORONE BANCORP INC NEWhistory →COM NEW2.33%$3M200.5K
19AZTAAZENTA INChistory →COM2.30%$3M28.4K
20RGENREPLIGEN CORPhistory →COM2.22%$3M10.7K
21PRFTUSDPERFICIENT INChistory →COM2.09%$3M20.6K
22LHCGUSDLHC GROUP INChistory →COM2.07%$3M19.3K
23PINGUSDPING IDENTITY HLDG CORPhistory →COM2.07%$3M115.4K
24CRCCALIFORNIA RES CORPhistory →COM STOCK2.01%$3M59.9K
25HASIHANNON ARMSTRONG SUST INFR Chistory →COM1.96%$3M47.2K
26T77LENDINGTREE INC NEWhistory →COM1.95%$2M20.3K
27PLDPROLOGIS INC.history →COM1.94%$2M14.7K
28G3VGREEN PLAINS INChistory →COM1.78%$2M65.2K
29ROCKGIBRALTAR INDS INChistory →COM1.76%$2M33.7K
30RHPRYMAN HOSPITALITY PPTYS INChistory →COM1.62%$2M22.5K
31ABBVABBVIE INChistory →COM1.58%$2M14.9K
32MAKEMYTRIP LIMITED MAURITIUSSHS1.49%$2M68.6K
33FBCUSDFLAGSTAR BANCORP INChistory →COM PAR .0011.42%$2M37.9K
34PFEPFIZER INChistory →COM1.26%$2M27.2K
35RXRXRECURSION PHARMACEUTICALS INhistory →CL A1.21%$2M90.2K
36FIRST INDL RLTY TR INCCOM1.19%$2M23.0K
37DWDMORGAN STANLEYhistory →COM NEW1.13%$1M14.7K
38NDLSUSDNOODLES & COhistory →COM CL A1.07%$1M150.8K
39GXOGXO LOGISTICS INCORPORATEDhistory →COMMON STOCK1.04%$1M14.6K
40ROFKFORCE INChistory →COM1.04%$1M17.6K
41AMHAMERICAN HOMES 4 RENTCL A0.88%$1M25.8K
42ONON SEMICONDUCTOR CORPCOM0.68%$868,00012.8K
43SMARGBPSMARTSHEET INCCOM CL A0.62%$786,00010.2K
44VERIVERITONE INCCOM0.55%$702,00031.2K
45CDNACAREDX INCCOM0.47%$597,00013.1K
46PINSPINTEREST INCCL A0.46%$585,00016.1K
47CARGCARGURUS INCCOM CL A0.41%$525,00015.6K
48ZUOUSDZUORA INCCOM CL A0.36%$457,00024.5K
49CHGGCHEGG INCCOM0.33%$416,00013.6K
50SSTISHOTSPOTTER INCCOM0.25%$325,00011.0K

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 ↗.