Managers / Q2 2023 · view latest →
DEEPWATER ASSET MANAGEMENT, LLC
CIK 0001964171 · 21 N. THIRD STREET, #250, MINNEAPOLIS, MN, 55401 · 3302777888
Summary
Deepwater Asset Management, LLC reported $235M in U.S.-listed holdings across 31 positions for Q2 2023.
Its largest position, XYZ, represents 5.5% of the portfolio.
Compared with Q1 2023, the fund opened 7 new positions and exited 3.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 89.2% · $210M
- Other · 10.0% · $24M
- ETP · 0.8% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ETSYETSY INC | NEW | +138.3K | 138.3K | +$12M | $12M |
| FOURSHIFT4 PMTS INC | NEW | +66.7K | 66.7K | +$5M | $5M |
| INVESCO EXCHANGE TRADED FD T | NEW | +7.8K | 7.8K | +$1M | $1M |
| ISHARES TR | NEW | +3.8K | 3.8K | +$719,520 | $719,520 |
| JAMFJAMF HLDG CORP | NEW | +36.5K | 36.5K | +$712,539 | $712,539 |
| EB4EVENTBRITE INC | NEW | +72.3K | 72.3K | +$690,571 | $690,571 |
| ADBEADOBE SYSTEMS INCORPORATED | NEW | +818 | 818 | +$399,994 | $399,994 |
| CPNGCOUPANG INC | ADDED | +499.5K | 749.8K | +$9M | $13M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | XYZBLOCK INChistory → | CL A | 5.55% | $13M | 196.1K |
| 2 | CPNGCOUPANG INChistory → | CL A | 5.54% | $13M | 749.8K |
| 3 | NU HLDGS LTD | ORD SHS CL A | 5.54% | $13M | 1.65M |
| 4 | CRWDCROWDSTRIKE HLDGS INChistory → | CL A | 5.38% | $13M | 86.2K |
| 5 | METAMETA PLATFORMS INChistory → | CL A | 5.32% | $13M | 43.6K |
| 6 | RHRHhistory → | COM | 5.32% | $13M | 38.0K |
| 7 | FRPTFRESHPET INChistory → | COM | 5.07% | $12M | 181.2K |
| 8 | AFWALIGN TECHNOLOGY INChistory → | COM | 5.05% | $12M | 33.6K |
| 9 | KMXCARMAX INChistory → | COM | 4.97% | $12M | 139.9K |
| 10 | ETSYETSY INChistory → | COM | 4.97% | $12M | 138.3K |
| 11 | GOOGALPHABET INC | CAP STK CL C · CAP STK CL A | 4.97% | $12M | 96.8K |
| 12 | LULULULULEMON ATHLETICA INChistory → | COM | 4.79% | $11M | 29.8K |
| 13 | FIVEFIVE BELOW INChistory → | COM | 4.79% | $11M | 57.3K |
| 14 | WDAYWORKDAY INChistory → | CL A | 4.77% | $11M | 49.7K |
| 15 | ZZILLOW GROUP INChistory → | CL C CAP STK | 4.74% | $11M | 222.1K |
| 16 | EVBGEUREVERBRIDGE INChistory → | COM | 4.68% | $11M | 409.1K |
| 17 | PGNYPROGYNY INChistory → | COM | 4.59% | $11M | 274.8K |
| 18 | ACVAACV AUCTIONS INChistory → | COM CL A | 4.55% | $11M | 620.5K |
| 19 | ELASTIC N V | ORD SHS | 4.46% | $10M | 163.5K |
| 20 | FOURSHIFT4 PMTS INChistory → | CL A | 1.93% | $5M | 66.7K |
| 21 | TTWOTAKE-TWO INTERACTIVE SOFTWAR | COM | 0.66% | $2M | 10.5K |
| 22 | INVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | 0.49% | $1M | 7.8K |
| 23 | ISHARES TR | RUSSELL 2000 ETF | 0.31% | $719,520 | 3.8K |
| 24 | JAMFJAMF HLDG CORP | COM | 0.30% | $712,539 | 36.5K |
| 25 | EB4EVENTBRITE INC | COM CL A | 0.29% | $690,571 | 72.3K |
| 26 | UBERUBER TECHNOLOGIES INC | COM | 0.28% | $662,574 | 15.3K |
| 27 | PLTRPALANTIR TECHNOLOGIES INC | CL A | 0.26% | $617,018 | 40.2K |
| 28 | ATVIEURACTIVISION BLIZZARD INC | COM | 0.19% | $449,404 | 5.3K |
| 29 | ADBEADOBE SYSTEMS INCORPORATED | COM | 0.17% | $399,994 | 818 |
| 30 | FTCHQFARFETCH LTD | ORD SH CL A | 0.07% | $161,570 | 26.8K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $158M | 39 | May 14, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $343M | 46 | Feb 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $251M | 31 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $253M | 20 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $236M | 21 | May 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $306M | 23 | Jan 24, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $285M | 23 | Oct 24, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $275M | 23 | Aug 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $265M | 26 | Apr 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $252M | 29 | Jan 17, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $218M | 31 | Oct 26, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $235M | 31 | Jul 18, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $211M | 27 | May 2, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $176M | 25 | Feb 3, 2023 | 13F-HR | changes · 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 ↗.