Dennis Hong - ShawSpring Partners Investment Strategy (Sep 30, 2025)
As of Sep 30, 2025, the ShawSpring Partners portfolio managed by Dennis Hong demonstrates a sophisticated investment approach with 16 positions and an average holding period of 655 quarters. The strategy focuses on Communication Services, Consumer Cyclical, Real Estate, Technology sectors with a typical position size of 11.8% of the portfolio.
The portfolio's risk management approach includes a maximum position size of 11.76% and sector diversification of 4%, exemplified by the case study of SHIFT4 PMTS INC (FOUR). This strategic framework provides insights into Dennis Hong's investment philosophy, risk management practices, and long-term value creation approach.
Investment Strategy Metrics
Key metrics revealing investment style, risk management, and performance characteristics
| Metric | Value | Category | Description |
|---|---|---|---|
| Holding Period | 1.8 years | Style | Average duration positions are maintained |
| Position Count | 16 | Style | Number of active positions in portfolio |
| Position Size | 11.8% | Risk | Typical allocation per position |
| Win Rate | 50.0% | Performance | Percentage of profitable positions |
| Average Return | 6.2% | Performance | Mean return across positions |
| Sharpe Ratio | 0.11 | Performance | Return per unit of risk taken |
Investment Case Study: SHIFT4 PMTS INC (FOUR)
3/31/2024 - 12/27/2025
Performance Metrics
Total Return: 0.83%
Holding Period: 636 days
Max Position Size: $116,941,279.00
Position Weight: 12.96%
Key Events
Investment Thesis
Entry Context: Initial position established based on fundamental analysis
Sector Conditions: Favorable market conditions in the sector
- Market volatility
- Sector-specific risks
Key Learnings
- Position sizing is critical for portfolio management
- Important to monitor sector exposure