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Dennis Hong

ShawSpring Partners

Value-oriented investor

$531.1M

Portfolio Value

11

Holdings

Q4 '25

Period

2026-02-13

Filed

📉

Simulated 13F Return

⚠️ Approximation

Total Return

+0.32%

Q1 '25Q4 '25

Annualized

+0.43%/yr

S&P: +26.24%/yr

Alpha (vs S&P)

-18.86%

3 quarters tracked

1-Year Return

⚠️ Approximation only. 13F filings are delayed ~45 days. Options, shorts, and intra-quarter trades not captured.

📈 Recent Activity

Changes from previous quarter

OKTAREDUCED
14.4% of portfolio
-11% shares+0.9pp
FOURREDUCED
13.6% of portfolio
-8% shares-0.8pp
CSGPINCREASED
12.1% of portfolio
+7% shares+0.9pp
BABANEW
10.4% of portfolio
New position
BRZEREDUCED
9.5% of portfolio
-20% shares+1.7pp
PCORINCREASED
9.3% of portfolio
-37% shares-2.4pp
MNDYREDUCED
7.1% of portfolio
-32% shares-3.7pp
FWONBINCREASED
6.9% of portfolio
+71% shares+3.5pp
INTUINCREASED
6.3% of portfolio
-56% shares-5.3pp
BLNDREDUCED
5.2% of portfolio
-8% shares-0.2pp
AMZNNEW
5.1% of portfolio
New position
NCNOSOLD
was 6.3%
Sold out position
Filing price: $27.11
VERXSOLD
was 4.0%
Sold out position
Filing price: $24.79

Sold Out (2)

SOLDVERXVERTEX INCwas 3.99%@$24.79
SOLDNCNONCINO INCwas 6.26%@$27.11

📊 Sector Breakdown

Portfolio allocation by sector

Unknown 63.7%Technology 36.3%

💼 Holdings

🔍

11 of 11 positions · $531.1M

This quarter: 2 new positions, increased 4, reduced 5, sold 2. Net seller.

OKTAREDUCED
14.4%
14.4% of portfolio (was 13.5%, trimmed)
Filed ~$86
📄
FOURREDUCED
13.6%
13.6% of portfolio (was 14.4%, trimmed)
Filed ~$63
📄
CSGPINCREASED
12.1%
12.1% of portfolio (was 11.2%, added)
Filed ~$67
📄
BABANEW
10.4%
10.4% of portfolio (new position)
Filed ~$147
📄
BRZEREDUCED
9.5%
9.5% of portfolio (was 7.8%, trimmed)
Filed ~$34
📄
PCORINCREASED
9.3%
9.3% of portfolio (was 11.7%, added)
Filed ~$73
📄
MNDYREDUCED
7.1%
7.1% of portfolio (was 10.8%, trimmed)
Filed ~$148
📄
FWONBINCREASED
6.9%
6.9% of portfolio (was 3.4%, added)
Filed ~$99
📄
INTUINCREASED
6.3%
6.3% of portfolio (was 11.6%, added)
Filed ~$662
📄
BLNDREDUCED
5.2%
5.2% of portfolio (was 5.3%, trimmed)
Filed ~$3
📄
AMZNNEW
5.1%
5.1% of portfolio (new position)
Filed ~$231
📄

🚫 Sold Out (2 positions)

SOLDVERXVERTEX INCwas 3.99%@$24.791081446 shares · $26.8M
SOLDNCNONCINO INCwas 6.26%@$27.111553659 shares · $42.1M