Spyglass Capital Management LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Spyglass Capital Management LLC reported 25 stock positions worth $1.4 billion. Its top holding was Ascendis Pharma A/S (ASND) at 6.6% of the portfolio, followed by SHIFT4 Payments Class A (FOUR, 6.5%) and AppLovin Class A (APP, 6.4%). Compared with Q1 2024, it opened 3 new positions, sold out of 3, added to 11 and reduced 11. The biggest buy was a new position in Mongodb (MDB) and the biggest sale an exit from Affiliated Managers (AMG).
- Most Recent 13F
- Q2 2026
- Location
- Greenbrae, CA
- CIK
- 0001654344
- Portfolio Value
- $1.4B (Q2 2024)
- SEC Filing
- 0001172661-24-003370 ↗ filed Aug 14, 2024
Holdings Value
Holdings 25 stocks · $1.4B
| ASND Ascendis Pharma A/S | 6.62% | 662,888 | $90.4M | Add +7.9% |
| FOUR SHIFT4 Payments Inc. Class A | 6.47% | 1,204,077 | $88.3M | Add +9.3% |
| APP AppLovin Corp. Class A | 6.39% | 1,048,239 | $87.2M | Reduce -27.9% |
| SG Sweetgreen Inc. Class A | 5.54% | 2,509,615 | $75.6M | Reduce -1.3% |
| APG Api Group Corp. | 4.84% | 1,758,567 | $66.2M | Reduce -1.3% |
| AFRM Affirm Holdings Inc. | 4.75% | 2,147,646 | $64.9M | Add +30.7% |
| PCOR Procore Technologies Inc. | 4.63% | 953,380 | $63.2M | Add +11.2% |
| CSGP Costar Group Inc. | 4.57% | 841,304 | $62.4M | Add +4.4% |
| DASH DoorDash Inc. Class A | 4.47% | 561,708 | $61.1M | Add +25.1% |
| EXAS Exact Sciences Corp. | 4.39% | 1,418,591 | $59.9M | Add +33.8% |
| SNOW Snowflake Inc. | 4.36% | 441,232 | $59.6M | Add +20.9% |
| HUBS HubSpot Inc. | 4.09% | 94,764 | $55.9M | Reduce -1.3% |
| GLBE Global-E Online Ltd. | 3.75% | 1,413,886 | $51.3M | Reduce -1.3% |
| GDDY GoDaddy Inc. Class A | 3.68% | 359,675 | $50.3M | Reduce -35.0% |
| FIVE Five Below | 3.52% | 441,331 | $48.1M | Add +70.3% |
| WSC Willscot Holdings Corp. | 3.37% | 1,224,569 | $46.1M | Reduce -29.6% |
| MEDP Medpace Holdings Inc. | 3.30% | 109,416 | $45.1M | Reduce -1.3% |
| TDG Transdigm Group Inc. | 3.25% | 34,696 | $44.3M | Reduce -24.1% |
| MDB Mongodb Inc. | 2.86% | 156,515 | $39.1M | New |
| SPOT Spotify Technology SA | 2.83% | 123,274 | $38.7M | Reduce -37.0% |
| FND Floor & Decor Holdings Inc. Class A | 2.82% | 387,752 | $38.5M | Add +27.7% |
| VEEV Veeva Systems Inc. Class A | 2.82% | 210,606 | $38.5M | Add +10.5% |
| KNSL Kinsale Capital Group Inc. | 2.53% | 89,677 | $34.6M | New |
| PANW Palo Alto Networks Inc. | 2.07% | 83,545 | $28.3M | Reduce -21.6% |
| ACVA Acv Auctions Inc. Class A | 2.07% | 1,545,889 | $28.2M | New |
Portfolio Sells Q1 2024 → Q2 2024
| AMG Affiliated Managers Group | Sold out | 0.00% | −3.67 |
| ROKU Roku Inc. | Sold out | 0.00% | −2.58 |
| NTNX Nutanix Inc. Class A | Sold out | 0.00% | −2.06 |
| WSC Willscot Holdings Corp. | Reduce -29.6% | 3.37% | −2.02 |
| GDDY GoDaddy Inc. Class A | Reduce -35.0% | 3.68% | −0.69 |
| SPOT Spotify Technology SA | Reduce -37.0% | 2.83% | −0.61 |
| TDG Transdigm Group Inc. | Reduce -24.1% | 3.25% | −0.51 |
| APP AppLovin Corp. Class A | Reduce -27.9% | 6.39% | −0.32 |
| PANW Palo Alto Networks Inc. | Reduce -21.6% | 2.07% | +0.06 |
| HUBS HubSpot Inc. | Reduce -1.3% | 4.09% | +0.09 |
| APG Api Group Corp. | Reduce -1.3% | 4.84% | +0.19 |
| GLBE Global-E Online Ltd. | Reduce -1.3% | 3.75% | +0.29 |
| MEDP Medpace Holdings Inc. | Reduce -1.3% | 3.30% | +0.32 |
| SG Sweetgreen Inc. Class A | Reduce -1.3% | 5.54% | +1.26 |
Portfolio Buys Q1 2024 → Q2 2024
| MDB Mongodb Inc. | New | 2.86% | +2.86 |
| KNSL Kinsale Capital Group Inc. | New | 2.53% | +2.53 |
| ACVA Acv Auctions Inc. Class A | New | 2.07% | +2.07 |
| FOUR SHIFT4 Payments Inc. Class A | Add +9.3% | 6.47% | +1.61 |
| AFRM Affirm Holdings Inc. | Add +30.7% | 4.75% | +0.67 |
| ASND Ascendis Pharma A/S | Add +7.9% | 6.62% | +0.43 |
| SNOW Snowflake Inc. | Add +20.9% | 4.36% | +0.43 |
| FIVE Five Below | Add +70.3% | 3.52% | +0.39 |
| DASH DoorDash Inc. Class A | Add +25.1% | 4.47% | +0.35 |
| FND Floor & Decor Holdings Inc. Class A | Add +27.7% | 2.82% | +0.20 |
| PCOR Procore Technologies Inc. | Add +11.2% | 4.63% | −0.06 |
| VEEV Veeva Systems Inc. Class A | Add +10.5% | 2.82% | −0.12 |
| EXAS Exact Sciences Corp. | Add +33.8% | 4.39% | −0.49 |
| CSGP Costar Group Inc. | Add +4.4% | 4.57% | −0.62 |
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 |