Spence Asset Management
- SEC CIK
- 0001729269
- Latest filing
- Jul 15, 2026
Holdings in Q3 2025
Holdings as of Sep 30, 2025, filed Oct 14, 2025. Long positions only; changes compare share counts with Q2 2025.
- Positions
- 37
- −3 vs. Q2 2025
- Portfolio value
- $478.7M
- −$10.4M (−2.1%) vs. Q2 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| VVisa Inc. | Stock | 116,481 | $39.8M | 8.3% | +858+0.7% | Added | History |
| MAMastercard Inc | Stock | 69,154 | $39.3M | 8.2% | −252−0.4% | Reduced | History |
| AMZNAmazon Com Inc | Stock | 142,760 | $31.3M | 6.5% | +1,667+1.2% | Added | History |
| MSFTMicrosoft Corp | Stock | 59,971 | $31.1M | 6.5% | +774+1.3% | Added | History |
| GOOGAlphabet Inc. | Stock | 123,694 | $30.1M | 6.3% | −1,142−0.9% | Reduced | History |
| GSGoldman Sachs Group Inc | Stock | 33,535 | $26.7M | 5.6% | −7,295−17.9% | Reduced | History |
| ISRGIntuitive Surgical Inc | COM NEW | 55,377 | $24.8M | 5.2% | +986+1.8% | Added | History |
| NOWServiceNow, Inc. | Stock | 24,756 | $22.8M | 4.8% | +580+2.4% | Added | History |
| IDXXIDEXX Laboratories Inc | COM | 31,141 | $19.9M | 4.2% | −14,604−31.9% | Reduced | History |
| IOTSamsara Inc. | Stock | 525,687 | $19.6M | 4.1% | +5,097+1.0% | Added | History |
| GWREGuidewire Software, Inc. | COM | 78,847 | $18.1M | 3.8% | +417+0.5% | Added | History |
| NFLXNetflix Inc | Stock | 13,554 | $16.3M | 3.4% | +284+2.1% | Added | History |
| WAYWaystar Holding Corp. | COM | 420,897 | $16.0M | 3.3% | +816+0.2% | Added | History |
| UBERUber Technologies, Inc | Stock | 159,278 | $15.6M | 3.3% | +159,278 | New | History |
| TYLTyler Technologies Inc | COM | 27,136 | $14.2M | 3.0% | −19,659−42.0% | Reduced | History |
| BSXBoston Scientific Corp | Stock | 141,343 | $13.8M | 2.9% | +141,343 | New | History |
| MELIMercadolibre Inc | COM | 5,498 | $12.8M | 2.7% | +5,498 | New | History |
| State Street SPDR Portfolio S&P 500 ETF78464A854 | ETF | 148,862 | $11.7M | 2.4% | +7,036+5.0% | Added | – |
| FICOFair Isaac Corp | COM | 7,008 | $10.5M | 2.2% | +191+2.8% | Added | History |
| UTIUniversal Technical Institute Inc | COM | 317,407 | $10.3M | 2.2% | +9,816+3.2% | Added | History |
| SPOTSpotify Technology S.A. | Stock | 12,914 | $9.01M | 1.9% | +12,914 | New | History |
| ACGLArch Capital Group Ltd. | Stock | 98,457 | $8.93M | 1.9% | +1,923+2.0% | Added | History |
| VERXVertex, Inc. | Stock | 337,013 | $8.36M | 1.7% | −2,295−0.7% | Reduced | History |
| TPLTexas Pacific Land Corp | Stock | 7,148 | $6.67M | 1.4% | +351+5.2% | Added | History |
| TEMTempus AI, Inc. | CL A | 72,402 | $5.84M | 1.2% | −881−1.2% | Reduced | History |
| Goldman Sachs ETF Tr381430602 | ACTIVEBETA US | 40,890 | $3.06M | 0.6% | +2,783+7.3% | Added | – |
| iShares Tr464287754 | US INDUSTRIALS | 15,989 | $2.33M | 0.5% | +7,777+94.7% | Added | – |
| iShares MSCI USA Momentum Factor ETF46432F396 | ETF | 9,058 | $2.32M | 0.5% | +6,444+246.5% | Added | – |
| Vanguard Real Estate ETF922908553 | ETF | 17,580 | $1.61M | 0.3% | −8,612−32.9% | Reduced | – |
| iShares Tr464287515 | EXPANDED TECH | 13,863 | $1.59M | 0.3% | +647+4.9% | Added | – |
| iShares Tr464287580 | US CONSUM DISCRE | 12,578 | $1.32M | 0.3% | +699+5.9% | Added | – |
| SPYSPDR S&P 500 ETF Trust | ETF | 1,879 | $1.25M | 0.3% | −25−1.3% | Reduced | History |
| Vanguard Malvern FDS922020755 | CORE-PLUS BD ETF | 9,742 | $766.0K | 0.2% | +81+0.8% | Added | – |
| GOOGLAlphabet Inc. | Stock | 1,764 | $429.0K | 0.1% | 00.0% | Unchanged | History |
| SPDR Series Trust78464A771 | ST STR SP CAPMKT | 17,670 | $270.0K | 0.1% | +769+4.6% | Added | – |
| iShares Russell Midcap ETF464287499 | ETF | 1,943 | $188.0K | <0.1% | 00.0% | Unchanged | – |
| WisdomTree Tr97717X701 | EUROPE HEDGED EQ | 2,933 | $148.0K | <0.1% | +2,933 | New | – |
Sold out since Q2 2025 (8)
Positions held at the end of Q2 2025 that are gone from this filing.
| Security | Class | Shares in Q2 2025 | Value in Q2 2025 | % of portfolio in Q2 2025 | History |
|---|---|---|---|---|---|
| MSCIMSCI Inc. | Stock | 23,125 | $13.3M | 2.7% | History |
| CRMSalesforce, Inc. | Stock | 42,386 | $11.6M | 2.4% | History |
| TTDTrade Desk, Inc. | Stock | 132,100 | $9.51M | 1.9% | History |
| iShares U.S. Regional Banks ETF464288778 | ETF | 39,538 | $1.96M | 0.4% | – |
| Vanguard S&P 500 Growth ETF921932505 | ETF | 995 | $395.0K | 0.1% | – |
| State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663 | ETF | 367 | $34.0K | <0.1% | – |
| iShares Tr464288430 | ASIA 50 ETF | 1,233 | $10.0K | <0.1% | – |
| iShares Tr464287549 | EXPND TEC SC ETF | 3 | – | – | – |