SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Spouting Rock Asset Management, LLC

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

Reported Value
$154M
Q2 2022
Positions
133
Filings on Record
17
2019–present window
Filed
Aug 10, 2022
original filing

Summary

Spouting Rock Asset Management, LLC reported $154M in U.S.-listed holdings across 133 positions for Q2 2022.

Its largest position, 8CW, represents 4.3% of the portfolio.

Compared with Q1 2022, the fund opened 82 new positions and exited 5.

Portfolio Metrics

Turnover
+21.1%
vs prior filed quarter
Top-10 Concentration
+26.9%
share of reported value
Largest Position
+4.3%
Crown Castle Intl
New / Exited
82 / 5
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: 83.3%REIT: 11.6%Other: 3.4%ETP: 1.4%ADR: 0.3%
  • Common Stock · 83.3% · $128M
  • REIT · 11.6% · $18M
  • Other · 3.4% · $5M
  • ETP · 1.4% · $2M
  • ADR · 0.3% · $445,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AMZNAMAZON COM INCNEW+44.8K44.8K+$5M$5M
GOOGLALPHABET INCNEW+1.9K1.9K+$4M$4M
UNHUNITEDHEALTH GROUP INCNEW+5.2K5.2K+$3M$3M
GNRCGENERAC HLDGS INCNEW+12.4K12.4K+$3M$3M
R1 RCM INCNEW+123.8K123.8K+$3M$3M
DECKDECKERS OUTDOOR CORPNEW+9.8K9.8K+$3M$3M
GOOGALPHABET INCNEW+826826+$2M$2M
BRK/BBERKSHIRE HATHAWAY INC DELNEW+5.9K5.9K+$2M$2M

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

Holdings — Q2 2022

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
18CWCROWN CASTLE INTL CORP NEWhistory →COM4.28%$7M39.1K
2GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.82%$6M2.7K
3MAMASTERCARD INCORPORATEDhistory →CL A3.34%$5M16.3K
4AMZNAMAZON COM INChistory →COM3.09%$5M44.8K
5GTNGRAY TELEVISION INChistory →COM2.48%$4M226.5K
6MGPIMGP INGREDIENTS INC NEWhistory →COM2.47%$4M37.9K
7FCNFTI CONSULTING INChistory →COM2.36%$4M20.1K
8AAPLAPPLE INChistory →COM2.11%$3M23.7K
9DARDARLING INGREDIENTS INChistory →COM2.09%$3M53.7K
10NVEEUSDNV5 GLOBAL INChistory →COM2.06%$3M27.1K
11SAHSONIC AUTOMOTIVE INChistory →CL A2.04%$3M85.8K
12ADCAGREE RLTY CORPhistory →COM1.81%$3M38.5K
13TENBTENABLE HLDGS INChistory →COM1.78%$3M60.5K
14MSFTMICROSOFT CORPhistory →COM1.76%$3M10.6K
15UNHUNITEDHEALTH GROUP INChistory →COM1.73%$3M5.2K
16GNRCGENERAC HLDGS INChistory →COM1.69%$3M12.4K
17CRCCALIFORNIA RES CORPhistory →COM STOCK1.69%$3M67.4K
18R1 RCM INCCOM1.69%$3M123.8K
19RHPRYMAN HOSPITALITY PPTYS INChistory →COM1.65%$3M33.4K
20DECKDECKERS OUTDOOR CORPhistory →COM1.63%$3M9.8K
21PAHUSDELEMENT SOLUTIONS INChistory →COM1.52%$2M131.3K
22AZTAAZENTA INChistory →COM1.49%$2M31.7K
23HASIHANNON ARMSTRONG SUST INFR Chistory →COM1.43%$2M58.3K
24MEDPMEDPACE HLDGS INChistory →COM1.40%$2M14.4K
25G3VGREEN PLAINS INChistory →COM1.36%$2M77.1K
26PINGUSDPING IDENTITY HLDG CORPhistory →COM1.35%$2M114.4K
27PRFTUSDPERFICIENT INChistory →COM1.33%$2M22.4K
28HWCHANCOCK WHITNEY CORPORATIONhistory →COM1.32%$2M45.9K
29RGENREPLIGEN CORPhistory →COM1.30%$2M12.3K
301S4HARBORONE BANCORP INC NEWhistory →COM NEW1.29%$2M144.5K
31ABBVABBVIE INChistory →COM1.24%$2M12.5K
32MAKEMYTRIP LIMITED MAURITIUSSHS1.14%$2M68.6K
33PLDPROLOGIS INC.history →COM1.04%$2M13.7K
34BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.04%$2M5.9K
35TNDMTANDEM DIABETES CARE INCCOM NEW0.98%$2M25.4K
36ALPS ETF TRALERIAN MLP0.94%$1M41.9K
37GTLSCHART INDS INCCOM0.93%$1M8.6K
38ROCKGIBRALTAR INDS INCCOM0.92%$1M36.7K
39COSTCOSTCO WHSL CORP NEWCOM0.90%$1M2.9K
40HUBSHUBSPOT INCCOM0.89%$1M4.6K
41TALOTALOS ENERGY INCCOM0.88%$1M88.0K
42EXMOCEXXON MOBIL CORPCOM0.82%$1M14.8K
43FANGDIAMONDBACK ENERGY INCCOM0.82%$1M10.4K
44CRISPR THERAPEUTICS AGNAMEN AKT0.82%$1M20.7K
45CHVCHEVRON CORP NEWCOM0.81%$1M8.6K
46WCNWASTE CONNECTIONS INCCOM0.70%$1M8.7K
47AXONAXON ENTERPRISE INCCOM0.68%$1M11.2K
48CDNSCADENCE DESIGN SYSTEM INCCOM0.67%$1M6.8K
49DEDEERE & COCOM0.66%$1M3.4K

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 ↗.