Dennis Hong - ShawSpring Partners 13F Activity & Position Changes (Q2 2025)

According to the SEC 13F filed on Aug 14, 2025, the ShawSpring Partners portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2025. 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 Q2 2025, the filing reported:

New Buys - Okta, Inc.

Increases - Braze, Inc., CoStar Group, Inc., Procore Technologies, Inc., Vertex, Inc.

Reductions - Shift4 Payments, Inc., Intuit Inc., Monday.com, nCino, Inc.

Complete Exits - Hilton Worldwide Holdings 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
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
Q2 2025	NCNO nCino, Inc.	nCino, Inc.	Sell	-764,152	-20.9%	$80.77M	2,887,766
Q2 2025	OKTA Okta, Inc.	Okta, Inc.	Buy - Position Entry	+954,293	-	$95.40M	954,293
Q2 2025	PCOR Procore Technologies, Inc.	Procore Technologies, Inc.	Buy	+124,282	+8.6%	$106.85M	1,561,613
Q2 2025	VERX Vertex, Inc.	Vertex, Inc.	Buy	+222,283	+45.3%	$25.17M	712,445