Dennis Hong Q1 2026 Portfolio Analysis: Strategic Shifts in Tech and Consumer Stocks
Dennis Hong's portfolio at ShawSpring Partners as of March 31, 2026, shows significant changes in holdings, with notable increases in Zscaler and Braze shares, decreases in Intuit and Liberty Media, and reduced allocations in several other stocks.
As of March 31, 2026, Dennis Hong, managing director at ShawSpring Partners, saw his portfolio value reach $267,608,814. This comprehensive analysis examines observable changes in his holdings during the first quarter of 2026, focusing on increases, decreases, new positions, and exits based on disclosed data.
The portfolio's allocation shifted during the quarter, with several holdings experiencing notable changes in share count and overall percentage allocation. Key movements include:
Major Purchases:
Hong significantly increased his stake in Zscaler (ZS), adding 200,416 shares during the quarter. This substantial purchase resulted in Zscaler's portfolio allocation jumping to 10.51%, making it his largest position by dollar value. Similarly, Hong increased his investment in Braze (BRZE) by acquiring 200,416 shares, pushing its allocation up to 9.81%.
Significant Sales:
The portfolio saw notable reductions in several positions. Intuit (INTU) experienced a decrease of 9,782 shares, lowering its allocation to 6.61%. Similarly, Liberty Media (FWONK) saw a reduction of 168,901 shares, decreasing its allocation to 6.45%. Other sales included decreases in Okta (OKTA), Amazon (AMZN), Alibaba (BABA), and several others, as detailed below.
Other Notable Changes:
Amazon (AMZN) saw an increase in shares, albeit from a lower base, with 68,061 more shares purchased, raising its allocation to 14.51%. Conversely, Alibaba (BABA) experienced a significant reduction, losing 87,894 shares, which decreased its allocation to 13.61%. Several other holdings showed substantial decreases, including Okta (-318,405 shares, -36.04%), Costco (CSGP) (-618,476 shares, -64.59%), and Procore Technologies (PCOR) (-464,780 shares, -68.2%).
New or Fully Exited Positions:
Based on the provided data, no new positions were disclosed to have been added, nor were any positions fully exited during this reporting period.
For a complete view of Dennis Hong's portfolio holdings and their performance, you can visit his profile on Insiderset: Dennis Hong at Insiderset. Detailed information on each stock holding, including company profiles, can be found at: Stock Details on Insiderset.