Spence Asset Management
- SEC CIK
- 0001729269
- Latest filing
- Jul 15, 2026
Holdings in Q1 2025
Holdings as of Mar 31, 2025, filed Apr 24, 2025. Long positions only; changes compare share counts with Q4 2024.
- Positions
- 38
- −2 vs. Q4 2024
- Portfolio value
- $401.8M
- −$56.5M (−12.3%) vs. Q4 2024
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| VVisa Inc. | Stock | 116,107 | $40.7M | 10.1% | +406+0.4% | Added | History |
| MAMastercard Inc | Stock | 69,299 | $38.0M | 9.5% | +545+0.8% | Added | History |
| ISRGIntuitive Surgical Inc | COM NEW | 54,237 | $26.9M | 6.7% | +180+0.3% | Added | History |
| TYLTyler Technologies Inc | COM | 46,201 | $26.9M | 6.7% | +313+0.7% | Added | History |
| AMZNAmazon Com Inc | Stock | 139,771 | $26.6M | 6.6% | +3,355+2.5% | Added | History |
| GSGoldman Sachs Group Inc | Stock | 40,667 | $22.2M | 5.5% | +40,447+18,385.0% | Added | History |
| MSFTMicrosoft Corp | Stock | 58,815 | $22.1M | 5.5% | +1,263+2.2% | Added | History |
| IOTSamsara Inc. | Stock | 512,461 | $19.6M | 4.9% | +135,994+36.1% | Added | History |
| GOOGAlphabet Inc. | Stock | 123,224 | $19.3M | 4.8% | +2,670+2.2% | Added | History |
| IDXXIDEXX Laboratories Inc | COM | 45,836 | $19.2M | 4.8% | +1,174+2.6% | Added | History |
| NOWServiceNow, Inc. | Stock | 23,958 | $19.1M | 4.7% | +827+3.6% | Added | History |
| WAYWaystar Holding Corp. | COM | 415,045 | $15.5M | 3.9% | +415,045 | New | History |
| GWREGuidewire Software, Inc. | COM | 78,495 | $14.7M | 3.7% | +1,944+2.5% | Added | History |
| MSCIMSCI Inc. | Stock | 22,473 | $12.7M | 3.2% | +330+1.5% | Added | History |
| FICOFair Isaac Corp | COM | 6,758 | $12.5M | 3.1% | −24−0.4% | Reduced | History |
| VERXVertex, Inc. | Stock | 334,502 | $11.7M | 2.9% | +147,650+79.0% | Added | History |
| CRMSalesforce, Inc. | Stock | 42,551 | $11.4M | 2.8% | +1,739+4.3% | Added | History |
| ACGLArch Capital Group Ltd. | Stock | 94,401 | $9.08M | 2.3% | +3,038+3.3% | Added | History |
| State Street SPDR Portfolio S&P 500 ETF78464A854 | ETF | 133,421 | $8.77M | 2.2% | +17,047+14.6% | Added | – |
| TTDTrade Desk, Inc. | Stock | 131,776 | $7.21M | 1.8% | −1,315−1.0% | Reduced | History |
| TEMTempus AI, Inc. | CL A | 72,647 | $3.50M | 0.9% | +72,647 | New | History |
| Goldman Sachs ETF Tr381430602 | ACTIVEBETA US | 36,570 | $2.32M | 0.6% | +1,106+3.1% | Added | – |
| SPDR Series Trust78464A771 | ST STR SP CAPMKT | 16,465 | $2.08M | 0.5% | +52+0.3% | Added | – |
| Vanguard Real Estate ETF922908553 | ETF | 22,920 | $2.08M | 0.5% | −1,162−4.8% | Reduced | – |
| iShares U.S. Regional Banks ETF464288778 | ETF | 35,165 | $1.64M | 0.4% | +13,966+65.9% | Added | – |
| iShares Tr464287515 | EXPANDED TECH | 12,449 | $1.11M | 0.3% | −193−1.5% | Reduced | – |
| SPYSPDR S&P 500 ETF Trust | ETF | 1,900 | $1.06M | 0.3% | −50,043−96.3% | Reduced | History |
| iShares Tr464287549 | EXPND TEC SC ETF | 11,006 | $998.0K | 0.2% | +230+2.1% | Added | – |
| iShares Tr464287580 | US CONSUM DISCRE | 10,775 | $952.0K | 0.2% | +10,775 | New | – |
| Vanguard Malvern FDS922020755 | CORE-PLUS BD ETF | 8,027 | $623.0K | 0.2% | +740+10.2% | Added | – |
| Vanguard S&P 500 Growth ETF921932505 | ETF | 1,105 | $370.0K | 0.1% | −383−25.7% | Reduced | – |
| GOOGLAlphabet Inc. | Stock | 1,743 | $270.0K | 0.1% | +128+7.9% | Added | History |
| Vanguard S&P 500 ETF922908363 | ETF | 400 | $206.0K | 0.1% | +15+3.9% | Added | – |
| iShares Russell Midcap ETF464287499 | ETF | 1,943 | $165.0K | <0.1% | 00.0% | Unchanged | – |
| WisdomTree Tr97717X701 | EUROPE HEDGED EQ | 2,844 | $135.0K | <0.1% | +2,844 | New | – |
| iShares Tr464288430 | ASIA 50 ETF | 1,233 | $89.0K | <0.1% | +1,233 | New | – |
| State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663 | ETF | 600 | $55.0K | <0.1% | −2−0.3% | Reduced | – |
| Invesco Nasdaq 100 ETF46138G649 | ETF | 140 | $27.0K | <0.1% | +140 | New | – |
Sold out since Q4 2024 (8)
Positions held at the end of Q4 2024 that are gone from this filing.
| Security | Class | Shares in Q4 2024 | Value in Q4 2024 | % of portfolio in Q4 2024 | History |
|---|---|---|---|---|---|
| APPFAppfolio Inc | COM CL A | 77,583 | $19.1M | 4.2% | History |
| ITGartner Inc | COM | 29,538 | $14.3M | 3.1% | History |
| CSGPCostar Group, Inc. | COM | 170,564 | $12.2M | 2.7% | History |
| SNPSSynopsys Inc | COM | 21,709 | $10.5M | 2.3% | History |
| Kraneshares Trust500767306 | CSI CHI INTERNET | 32,880 | $961.0K | 0.2% | – |
| SPDR Series Trust78464A540 | ST STR SP TELCO | 4,900 | $524.0K | 0.1% | – |
| ADBEAdobe Inc. | Stock | 812 | $361.0K | 0.1% | History |
| ANSSAnsys Inc | COM | 398 | $134.0K | <0.1% | History |