Top 6 Stock Picks of Dennis Hong's ShawSpring Partners
In this article, we will be taking a look at the Top 6 Stock Picks of Dennis Hong’s ShawSpring Partners.
ShawSpring Partners is a Boston-based investment firm founded in 2014. The firm manages capital for a select group of global institutions, including university and hospital endowments, charitable foundations, family investment offices, and high-net-worth individuals.
Dennis Hong, the managing partner and founder of ShawSpring Partners, began his investment career as a Financial Analyst at the Yale University Investments Office after earning his B.A. from Yale in 2005. He then worked as an Associate at Matrix Capital for two years before moving to Altimeter Capital as a Principal. Hong attended Harvard University for an MBA program but left after one year to establish ShawSpring Partners.
ShawSpring Partners manages discretionary assets totaling $932.3 million for eight clients, according to the Form ADV dated March 2024. Their Q1 2024 13F filing reported $778.7 million in managed securities, with a top 10 holdings concentration of 100%. The firm's largest holding is IAC/InterActiveCorp, with 3,086,866 shares.
