Dennis Hong - ShawSpring Partners 13F Activity & Position Changes (Q1 2023)

As of Mar 31, 2023, the ShawSpring Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 12, 2023. 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 Q1 2023, the filing reported:

New Buys - None reported

Increases - Blend Labs, Inc., Coupang, Inc., Hilton Worldwide Holdings Inc., IAC Inc., Intuit Inc.

Reductions - Sea Limited, Snowflake Inc.

Complete Exits - None reported

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
Q1 2023	BLND Blend Labs, Inc.	Blend Labs, Inc.	Buy	+457,899	+4.6%	$10.35M	10,386,061
Q1 2023	CPNG Coupang, Inc.	Coupang, Inc.	Buy	+2,661,976	+42.1%	$143.84M	8,990,248
Q1 2023	HLT Hilton Worldwide Holdings Inc.	Hilton Worldwide Holdings Inc.	Buy	+41,033	+6.6%	$93.50M	663,713
Q1 2023	IAC IAC Inc.	IAC Inc.	Buy	+238,046	+5.9%	$220.32M	4,269,795
Q1 2023	INTU Intuit Inc.	Intuit Inc.	Buy	+13,012	+6.7%	$92.91M	208,393
Q1 2023	SE Sea Limited	Sea Limited	Sell	-889,977	-32.6%	$159.52M	1,843,068
Q1 2023	SNOW Snowflake Inc.	Snowflake Inc.	Sell	-72,456	-22.5%	$38.51M	249,626