Spyglass Capital Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Spyglass Capital Management LLC reported 25 stock positions worth $1.5 billion. Its top holding was AppLovin Class A (APP) at 6.7% of the portfolio, followed by Ascendis Pharma A/S (ASND, 6.2%) and Willscot (WSC, 5.4%). Compared with Q4 2023, it opened 2 new positions, sold out of 2, added to 7 and reduced 16. The biggest buy was a new position in Veeva Systems Class A (VEEV) and the biggest sale an exit from Everpure Class A (P).
- Most Recent 13F
- Q2 2026
- Location
- Greenbrae, CA
- CIK
- 0001654344
- Portfolio Value
- $1.5B (Q1 2024)
- SEC Filing
- 0001172661-24-002406 ↗ filed May 15, 2024
Holdings Value
Holdings 25 stocks · $1.5B
| APP AppLovin Corp. Class A | 6.71% | 1,454,624 | $100.7M | Reduce -3.9% |
| ASND Ascendis Pharma A/S | 6.18% | 614,107 | $92.8M | Add +13.7% |
| WSC Willscot Holdings Corp. | 5.39% | 1,739,860 | $80.9M | Add +10.5% |
| CSGP Costar Group Inc. | 5.19% | 806,193 | $77.9M | Add +22.6% |
| EXAS Exact Sciences Corp. | 4.88% | 1,060,648 | $73.2M | Add +39.8% |
| FOUR SHIFT4 Payments Inc. Class A | 4.85% | 1,102,100 | $72.8M | Add +21.5% |
| PCOR Procore Technologies Inc. | 4.69% | 857,239 | $70.4M | Reduce -4.0% |
| APG Api Group Corp. | 4.66% | 1,780,914 | $69.9M | Reduce -3.9% |
| GDDY GoDaddy Inc. Class A | 4.37% | 553,181 | $65.7M | Reduce -3.9% |
| SG Sweetgreen Inc. Class A | 4.28% | 2,541,514 | $64.2M | Reduce -3.9% |
| DASH DoorDash Inc. Class A | 4.12% | 448,944 | $61.8M | Reduce -32.9% |
| AFRM Affirm Holdings Inc. | 4.08% | 1,642,807 | $61.2M | Add +22.7% |
| HUBS HubSpot Inc. | 4.01% | 95,969 | $60.1M | Reduce -3.9% |
| SNOW Snowflake Inc. | 3.93% | 365,034 | $59.0M | Add +41.3% |
| TDG Transdigm Group Inc. | 3.75% | 45,726 | $56.3M | Reduce -15.3% |
| AMG Affiliated Managers Group | 3.67% | 328,745 | $55.1M | Reduce -3.9% |
| GLBE Global-E Online Ltd. | 3.47% | 1,432,076 | $52.1M | Reduce -3.9% |
| SPOT Spotify Technology SA | 3.44% | 195,558 | $51.6M | Reduce -33.0% |
| FIVE Five Below | 3.13% | 259,113 | $47.0M | Reduce -3.9% |
| MEDP Medpace Holdings Inc. | 2.98% | 110,811 | $44.8M | Reduce -27.0% |
| VEEV Veeva Systems Inc. Class A | 2.94% | 190,571 | $44.2M | New |
| FND Floor & Decor Holdings Inc. Class A | 2.62% | 303,731 | $39.4M | New |
| ROKU Roku Inc. | 2.58% | 594,042 | $38.7M | Reduce -3.9% |
| NTNX Nutanix Inc. Class A | 2.06% | 500,570 | $30.9M | Reduce -59.1% |
| PANW Palo Alto Networks Inc. | 2.02% | 106,558 | $30.3M | Reduce -30.6% |
Portfolio Sells Q4 2023 → Q1 2024
| P Everpure Inc. Class A | Sold out | 0.00% | −3.31 |
| NTNX Nutanix Inc. Class A | Reduce -59.1% | 2.06% | −2.14 |
| MTN Vail Resorts Inc. | Sold out | 0.00% | −1.56 |
| ROKU Roku Inc. | Reduce -3.9% | 2.58% | −1.50 |
| PANW Palo Alto Networks Inc. | Reduce -30.6% | 2.02% | −1.24 |
| FIVE Five Below | Reduce -3.9% | 3.13% | −1.00 |
| GLBE Global-E Online Ltd. | Reduce -3.9% | 3.47% | −0.78 |
| DASH DoorDash Inc. Class A | Reduce -32.9% | 4.12% | −0.64 |
| SPOT Spotify Technology SA | Reduce -33.0% | 3.44% | −0.51 |
| MEDP Medpace Holdings Inc. | Reduce -27.0% | 2.98% | −0.36 |
| TDG Transdigm Group Inc. | Reduce -15.3% | 3.75% | −0.18 |
| HUBS HubSpot Inc. | Reduce -3.9% | 4.01% | −0.17 |
| AMG Affiliated Managers Group | Reduce -3.9% | 3.67% | −0.06 |
| GDDY GoDaddy Inc. Class A | Reduce -3.9% | 4.37% | −0.02 |
| APG Api Group Corp. | Reduce -3.9% | 4.66% | +0.05 |
| PCOR Procore Technologies Inc. | Reduce -4.0% | 4.69% | +0.25 |
| SG Sweetgreen Inc. Class A | Reduce -3.9% | 4.28% | +2.13 |
| APP AppLovin Corp. Class A | Reduce -3.9% | 6.71% | +2.37 |
Portfolio Buys Q4 2023 → Q1 2024
| VEEV Veeva Systems Inc. Class A | New | 2.94% | +2.94 |
| FND Floor & Decor Holdings Inc. Class A | New | 2.62% | +2.62 |
| ASND Ascendis Pharma A/S | Add +13.7% | 6.18% | +1.29 |
| CSGP Costar Group Inc. | Add +22.6% | 5.19% | +1.05 |
| EXAS Exact Sciences Corp. | Add +39.8% | 4.88% | +0.84 |
| WSC Willscot Holdings Corp. | Add +10.5% | 5.39% | +0.35 |
| SNOW Snowflake Inc. | Add +41.3% | 3.93% | +0.23 |
| FOUR SHIFT4 Payments Inc. Class A | Add +21.5% | 4.85% | +0.00 |
| AFRM Affirm Holdings Inc. | Add +22.7% | 4.08% | −0.66 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 25 | $1.8B | AFRM, CRDO, IOT, AAON, APP |
| Q1 2026Amended | 25 | $1.4B | IOT, ASND, HUBS, FOUR, AFRM |
| Q4 2025 | 25 | $2.0B | MDB, AFRM, FOUR, HUBS, CSGP |
| Q3 2025 | 25 | $1.9B | APP, EXAS, MDB, HUBS, AAON |
| Q2 2025 | 25 | $1.7B | AFRM, SNOW, FOUR, APP, APG |
| Q1 2025 | 25 | $1.5B | AFRM, SG, FOUR, SNOW, APP |
| Q4 2024 | 25 | $1.8B | AFRM, APP, FOUR, DASH, SNOW |
| Q3 2024 | 25 | $1.5B | APP, ASND, AFRM, EXAS, DASH |
| Q2 2024 | 25 | $1.4B | ASND, FOUR, APP, SG, APG |
| Q1 2024 | 25 | $1.5B | APP, ASND, WSC, CSGP, EXAS |