Spence Asset Management
- SEC CIK
- 0001729269
- Latest filing
- Jul 15, 2026
Holdings in Q2 2025
Holdings as of Jun 30, 2025, filed Jul 11, 2025. Long positions only; changes compare share counts with Q1 2025.
- Positions
- 40
- +2 vs. Q1 2025
- Portfolio value
- $489.2M
- +$87.4M (+21.8%) vs. Q1 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| VVisa Inc. | Stock | 115,623 | $41.1M | 8.4% | −484−0.4% | Reduced | History |
| MAMastercard Inc | Stock | 69,406 | $39.0M | 8.0% | +107+0.2% | Added | History |
| AMZNAmazon Com Inc | Stock | 141,093 | $31.0M | 6.3% | +1,322+0.9% | Added | History |
| ISRGIntuitive Surgical Inc | COM NEW | 54,391 | $29.6M | 6.0% | +154+0.3% | Added | History |
| MSFTMicrosoft Corp | Stock | 59,197 | $29.4M | 6.0% | +382+0.6% | Added | History |
| GSGoldman Sachs Group Inc | Stock | 40,830 | $28.9M | 5.9% | +163+0.4% | Added | History |
| TYLTyler Technologies Inc | COM | 46,795 | $27.7M | 5.7% | +594+1.3% | Added | History |
| NOWServiceNow, Inc. | Stock | 24,176 | $24.9M | 5.1% | +218+0.9% | Added | History |
| IDXXIDEXX Laboratories Inc | COM | 45,745 | $24.5M | 5.0% | −91−0.2% | Reduced | History |
| GOOGAlphabet Inc. | Stock | 124,836 | $22.1M | 4.5% | +1,612+1.3% | Added | History |
| IOTSamsara Inc. | Stock | 520,590 | $20.7M | 4.2% | +8,129+1.6% | Added | History |
| GWREGuidewire Software, Inc. | COM | 78,430 | $18.5M | 3.8% | −65−0.1% | Reduced | History |
| NFLXNetflix Inc | Stock | 13,270 | $17.8M | 3.6% | +13,270 | New | History |
| WAYWaystar Holding Corp. | COM | 420,081 | $17.2M | 3.5% | +5,036+1.2% | Added | History |
| MSCIMSCI Inc. | Stock | 23,125 | $13.3M | 2.7% | +652+2.9% | Added | History |
| FICOFair Isaac Corp | COM | 6,817 | $12.5M | 2.5% | +59+0.9% | Added | History |
| VERXVertex, Inc. | Stock | 339,308 | $12.0M | 2.5% | +4,806+1.4% | Added | History |
| CRMSalesforce, Inc. | Stock | 42,386 | $11.6M | 2.4% | −165−0.4% | Reduced | History |
| UTIUniversal Technical Institute Inc | COM | 307,591 | $10.4M | 2.1% | +307,591 | New | History |
| State Street SPDR Portfolio S&P 500 ETF78464A854 | ETF | 141,826 | $10.3M | 2.1% | +8,405+6.3% | Added | – |
| TTDTrade Desk, Inc. | Stock | 132,100 | $9.51M | 1.9% | +324+0.2% | Added | History |
| ACGLArch Capital Group Ltd. | Stock | 96,534 | $8.79M | 1.8% | +2,133+2.3% | Added | History |
| TPLTexas Pacific Land Corp | Stock | 6,797 | $7.18M | 1.5% | +6,797 | New | History |
| TEMTempus AI, Inc. | CL A | 73,283 | $4.66M | 1.0% | +636+0.9% | Added | History |
| Goldman Sachs ETF Tr381430602 | ACTIVEBETA US | 38,107 | $2.62M | 0.5% | +1,537+4.2% | Added | – |
| SPDR Series Trust78464A771 | ST STR SP CAPMKT | 16,901 | $2.45M | 0.5% | +436+2.6% | Added | – |
| Vanguard Real Estate ETF922908553 | ETF | 26,192 | $2.33M | 0.5% | +3,272+14.3% | Added | – |
| iShares U.S. Regional Banks ETF464288778 | ETF | 39,538 | $1.96M | 0.4% | +4,373+12.4% | Added | – |
| iShares Tr464287515 | EXPANDED TECH | 13,216 | $1.45M | 0.3% | +767+6.2% | Added | – |
| iShares Tr464287580 | US CONSUM DISCRE | 11,879 | $1.18M | 0.2% | +1,104+10.2% | Added | – |
| SPYSPDR S&P 500 ETF Trust | ETF | 1,904 | $1.18M | 0.2% | +4+0.2% | Added | History |
| iShares Tr464287754 | US INDUSTRIALS | 8,212 | $1.17M | 0.2% | +8,212 | New | – |
| Vanguard Malvern FDS922020755 | CORE-PLUS BD ETF | 9,661 | $752.0K | 0.2% | +1,634+20.4% | Added | – |
| iShares MSCI USA Momentum Factor ETF46432F396 | ETF | 2,614 | $628.0K | 0.1% | +2,614 | New | – |
| Vanguard S&P 500 Growth ETF921932505 | ETF | 995 | $395.0K | 0.1% | −110−10.0% | Reduced | – |
| GOOGLAlphabet Inc. | Stock | 1,764 | $311.0K | 0.1% | +21+1.2% | Added | History |
| iShares Russell Midcap ETF464287499 | ETF | 1,943 | $179.0K | <0.1% | 00.0% | Unchanged | – |
| State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663 | ETF | 367 | $34.0K | <0.1% | −233−38.8% | Reduced | – |
| iShares Tr464288430 | ASIA 50 ETF | 1,233 | $10.0K | <0.1% | 00.0% | Unchanged | – |
| iShares Tr464287549 | EXPND TEC SC ETF | 3 | – | – | −11,003−100.0% | Reduced | – |
Sold out since Q1 2025 (3)
Positions held at the end of Q1 2025 that are gone from this filing.
| Security | Class | Shares in Q1 2025 | Value in Q1 2025 | % of portfolio in Q1 2025 | History |
|---|---|---|---|---|---|
| Vanguard S&P 500 ETF922908363 | ETF | 400 | $206.0K | 0.1% | – |
| WisdomTree Tr97717X701 | EUROPE HEDGED EQ | 2,844 | $135.0K | <0.1% | – |
| Invesco Nasdaq 100 ETF46138G649 | ETF | 140 | $27.0K | <0.1% | – |