Dennis Hong – ShawSpring Partners Portfolio Activity & Recent Trades (Dec 31, 2025)
As of Dec 31, 2025, the ShawSpring Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 13, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q4 2025, the filing reported:
New Buys – Amazon.com, Inc., Alibaba Group Holding Limited
Increases – CoStar Group, Inc., Liberty Media Corporation - Ser
Reductions – Blend Labs, Inc., Braze, Inc., Shift4 Payments, Inc., Intuit Inc., Monday.com, and 2 more
Complete Exits – nCino, Inc., Vertex, Inc.
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Name | Type | Change Qty | % Change | Value | Remaining |
|---|---|---|---|---|---|---|---|
Q4 2025 | AMZN Amazon.com, Inc. | Amazon.com, Inc. | Buy - Position Entry | +118,438 | - | $27.34M | 118,438 |
Q4 2025 | BABA Alibaba Group Holding Limited | Alibaba Group Holding Limited | Buy - Position Entry | +378,155 | - | $55.43M | 378,155 |
Q4 2025 | BLND Blend Labs, Inc. | Blend Labs, Inc. | Sell | -816,506 | -8.3% | $27.43M | 9,024,099 |
Q4 2025 | BRZE Braze, Inc. | Braze, Inc. | Sell | -375,239 | -20.3% | $50.51M | 1,473,005 |
Q4 2025 | CSGP CoStar Group, Inc. | CoStar Group, Inc. | Buy | +61,523 | +6.9% | $64.39M | 957,557 |
Q4 2025 | FOUR Shift4 Payments, Inc. | Shift4 Payments, Inc. | Sell | -102,513 | -8.2% | $72.34M | 1,148,861 |
Q4 2025 | FWONK Liberty Media Corporation - Ser | Liberty Media Corporation - Ser | Buy | +154,306 | +70.9% | $36.63M | 371,829 |
Q4 2025 | INTU Intuit Inc. | Intuit Inc. | Sell | -63,648 | -55.7% | $33.60M | 50,721 |
Q4 2025 | MNDY Monday.com | Monday.com | Sell | -120,262 | -32.1% | $37.47M | 253,959 |
Q4 2025 | NCNO nCino, Inc. | nCino, Inc. | Sell - Position Exit | -1,553,659 | -100.0% | $0.00 | - |
Q4 2025 | OKTA Okta, Inc. | Okta, Inc. | Sell | -107,045 | -10.8% | $76.39M | 883,441 |
Q4 2025 | PCOR Procore Technologies, Inc. | Procore Technologies, Inc. | Sell | -396,377 | -36.8% | $49.57M | 681,536 |
Q4 2025 | VERX Vertex, Inc. | Vertex, Inc. | Sell - Position Exit | -1,081,446 | -100.0% | $0.00 | - |
Q3 2025 | BLND Blend Labs, Inc. | Blend Labs, Inc. | Buy | +929,566 | +10.4% | $35.92M | 9,840,605 |
Q3 2025 | BRZE Braze, Inc. | Braze, Inc. | Sell | -671,356 | -26.6% | $52.56M | 1,848,244 |
Q3 2025 | CSGP CoStar Group, Inc. | CoStar Group, Inc. | Sell | -460,026 | -33.9% | $75.60M | 896,034 |
Q3 2025 | FOUR Shift4 Payments, Inc. | Shift4 Payments, Inc. | Buy | +472,652 | +60.7% | $96.86M | 1,251,374 |
Q3 2025 | FWONK Liberty Media Corporation - Ser | Liberty Media Corporation - Ser | Buy - Position Entry | +217,523 | - | $22.72M | 217,523 |
Q3 2025 | INTU Intuit Inc. | Intuit Inc. | Sell | -24,454 | -17.6% | $78.10M | 114,369 |
Q3 2025 | MNDY Monday.com | Monday.com | Buy | +93,009 | +33.1% | $72.48M | 374,221 |
Q3 2025 | NCNO nCino, Inc. | nCino, Inc. | Sell | -1,334,107 | -46.2% | $42.12M | 1,553,659 |
Q3 2025 | OKTA Okta, Inc. | Okta, Inc. | Buy | +36,193 | +3.8% | $90.83M | 990,486 |
Q3 2025 | PCOR Procore Technologies, Inc. | Procore Technologies, Inc. | Sell | -483,700 | -31.0% | $78.60M | 1,077,913 |
Q3 2025 | VERX Vertex, Inc. | Vertex, Inc. | Buy | +369,001 | +51.8% | $26.81M | 1,081,446 |
Q2 2025 | BRZE Braze, Inc. | Braze, Inc. | Buy | +146,214 | +6.2% | $70.80M | 2,519,600 |
Q2 2025 | CSGP CoStar Group, Inc. | CoStar Group, Inc. | Buy | +207,758 | +18.1% | $109.03M | 1,356,060 |
Q2 2025 | FOUR Shift4 Payments, Inc. | Shift4 Payments, Inc. | Sell | -120,152 | -13.4% | $77.18M | 778,722 |
Q2 2025 | HLT Hilton Worldwide Holdings Inc. | Hilton Worldwide Holdings Inc. | Sell - Position Exit | -179,612 | -100.0% | $0.00 | - |
Q2 2025 | INTU Intuit Inc. | Intuit Inc. | Sell | -28,113 | -16.8% | $109.34M | 138,823 |
Q2 2025 | MNDY Monday.com | Monday.com | Sell | -97,499 | -25.7% | $88.44M | 281,212 |