Shannon River Fund Management's Returns, AUM and Holdings
Spencer Waxman's Shannon River Fund Management is a technology-focused New York-based hedge fund founded back in 2003.
Shannon River Capital Management, founded in January 2003 by Spencer Waxman, is a New York-based hedge fund manager. The firm employs a globally-focused long/short equity strategy, primarily investing in small to mid-cap companies within the business services, technology, media, and telecom (TMT) sectors.
Spencer Waxman, the Founder and Portfolio Manager of Shannon River Capital Management, has extensive experience from his previous roles at Shannon River Partners. He graduated from Duke University, where he studied from 1982 to 1986.
As of April 2024, Shannon River Fund Management oversees discretionary assets totaling $722.8 million for six clients. Their Q1 2024 13F filing reported $449.1 million in managed securities, with a top 10 holdings concentration of 81.09%. The firm's largest holding is Tower Semiconductor Ltd, with 1,833,336 shares.
