HHR Asset Management, LLC

CIK

1397545

Location

BERKELEY HEIGHTS, NJ

Portfolio Value

Small $552,324,016

Diversification

Diversified

Reports for

HHR ATLAS MASTER, L.P. NOVEM TITAN PARTNERS LP

Filing Date

Global Rank

#2,638 / 6,901 ▼ 501 · as of Mar 2022

Top Industry

Software - Application 29.6%

Period ended 4 years ago

Filed Apr 13, 2022 · 4y

9 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Mar 31, 2022, never from the firm's own description.

Style

Diversified active

Top 10 weight 48.3%, 23.5 effective positions, active share 75.6% against the Nasdaq-100 as of 2022-03-31; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

45.7% over the last four quarters (30% to under 100%)

Horizon

Horizon unknown

The value-weighted holding period is at least 6.7 quarters, but 54.3% of the book was already held when coverage starts

Closest benchmark: the Nasdaq-100 as of 2022-03-31, active share 75.6%; sector active share 39.7% against the combined 13F book's sector weights.

Over time 9 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

28 tracked positions · as of Mar 31, 2022 · Δ vs Dec 31, 2021

Top Position

5.2%

+0.4 pts

Top 5

24.8%

+2.1 pts

Top 10

48.3%

+3.5 pts

HHI

426

Diversified+40

Portfolio Trend

9 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2022

Sector	% Portfolio	Value	Positions
Technology	29.7%	$163,846,912	8
Consumer Cyclical	26.0%	$143,515,007	6
Communication Services	21.6%	$119,132,709	7
Unclassified	15.7%	$86,462,000	4
Financial Services	4.9%	$27,138,544	1
Industrials	1.1%	$6,289,026	1
Healthcare	1.1%	$5,939,818	1

Last Quarter's Activity

Export CSV

Mar 31, 2022 vs Dec 31, 2021

Added To

Positions the filer increased

8 positions

Ticker	Company	Δ Shares	Shares	Value
—		+715,152	823,399	$23,508,000
ESTC	Elastic N.V.	+214,869	271,636	$24,162,020
—		+89,243	143,119	$6,246,000
RH	Rh	+48,543	66,035	$21,533,351
PYPL	PayPal Holdings, Inc.	+38,246	234,661	$27,138,544
AXON	Axon Enterprise, Inc.	+13,931	45,662	$6,289,026
HCAT	Health Catalyst, Inc.	+8,034	227,318	$5,939,818
NFLX	Netflix Inc	+5,215	65,364	$24,484,699
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
—		−124,910	400,335	$28,636,000
—		−98,421	725,551	$28,072,000
PD	PagerDuty, Inc.	−66,867	167,636	$5,731,474
KMX	Carmax Inc	−56,264	232,278	$22,410,180
GWRE	Guidewire Software, Inc.	−46,120	281,252	$26,612,063
SBUX	Starbucks Corp	−43,123	280,020	$25,473,417
NKE	NIKE, Inc.	−39,616	174,845	$23,527,142
WDAY	Workday, Inc.	−36,186	102,406	$24,522,139
TMUS	T-Mobile US, Inc.	−34,987	52,584	$6,749,156
QTWO	Q2 Holdings, Inc.	−31,532	100,720	$6,209,387
MSFT	Microsoft Corp	−26,633	84,513	$26,056,201
MTCH	Match Group, Inc.	−23,539	61,459	$6,683,051
CRM	Salesforce, Inc.	−10,076	125,312	$26,606,242
BKNG	Booking Holdings Inc.	−4,455	11,027	$25,896,357
ADBE	Adobe Inc.	−4,141	52,560	$23,947,386
GOOG	Alphabet Inc.	−3,152	9,441	$26,369,000
AMZN	Amazon Com Inc	−2,983	7,569	$24,674,560
META	Meta Platforms, Inc.	−1,581	117,006	$26,017,453
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
Z	Zillow Group, Inc.	455,579	$22,455,488
ROKU	Roku, Inc	50,881	$6,373,862
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
V	Visa Inc.	171,223	$37,105,735
BA	Boeing Co	176,523	$35,537,609
PVH	Pvh Corp.	328,102	$34,992,077
JD	JD.com, Inc.	474,160	$33,224,390
LYV	Live Nation Entertainment, Inc.	100,914	$12,078,395
UBER	Uber Technologies, Inc	263,139	$11,033,417
RCL	Royal Caribbean Cruises Ltd	130,155	$10,008,918
SE	Sea Ltd	33,411	$7,474,373
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

28 tracked positions · $552,324,016 total · filing declares 76 positions · $552,323,000 · as of Mar 31, 2022

All sectors Communication Services Consumer Cyclical Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
		Reduced	400,335	-124,910	$28,636,000	−9.9%	6	unpriced	5.18%
		Reduced	725,551	-98,421	$28,072,000	−21.2%	4	unpriced	5.08%
PYPL	PayPal Holdings, Inc. Financial Services	Added	234,661	+38,246	$27,138,544	−26.7%	9+	before history	4.91%
GWRE	Guidewire Software, Inc. Technology	Reduced	281,252	-46,120	$26,612,063	−28.4%	5	$116.28	4.82%
CRM	Salesforce, Inc. Technology	Reduced	125,312	-10,076	$26,606,242	−22.7%	9+	before history	4.82%
GOOG	Alphabet Inc. Communication Services	Reduced	9,441	-3,152	$26,369,000	−27.6%	9+	before history	4.77%
MSFT	Microsoft Corp Technology	Reduced	84,513	-26,633	$26,056,201	−30.3%	9+	before history	4.72%
META	Meta Platforms, Inc. Communication Services	Reduced	117,006	-1,581	$26,017,453	−34.8%	9+	before history	4.71%
BKNG	Booking Holdings Inc. Consumer Cyclical	Reduced	11,027	-4,455	$25,896,357	−30.3%	9+	before history	4.69%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	280,020	-43,123	$25,473,417	−32.6%	9+	before history	4.61%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	7,569	-2,983	$24,674,560	−29.9%	9+	before history	4.47%
WDAY	Workday, Inc. Technology	Reduced	102,406	-36,186	$24,522,139	−35.2%	8	$169.63	4.44%
NFLX	Netflix Inc Communication Services	Added	65,364	+5,215	$24,484,699	−32.4%	9+	before history	4.43%
ESTC	Elastic N.V. Technology	Added	271,636	+214,869	$24,162,020	+245.8%	2	$102.28	4.37%
ADBE	Adobe Inc. Technology	Reduced	52,560	-4,141	$23,947,386	−25.5%	5	$467.43	4.34%
NKE	NIKE, Inc. Consumer Cyclical	Reduced	174,845	-39,616	$23,527,142	−34.2%	9+	before history	4.26%
		Added	823,399	+715,152	$23,508,000	+513.5%	2	unpriced	4.26%
Z	Zillow Group, Inc. Communication Services	NEW	455,579	NEW	$22,455,488	NEW	1	$53.76	4.07%
KMX	Carmax Inc Consumer Cyclical	Reduced	232,278	-56,264	$22,410,180	−40.4%	9+	before history	4.06%
RH	Rh Consumer Cyclical	Added	66,035	+48,543	$21,533,351	+129.7%	9+	before history	3.90%
TMUS	T-Mobile US, Inc. Communication Services	Reduced	52,584	-34,987	$6,749,156	−33.5%	5	$126.02	1.22%
MTCH	Match Group, Inc. Communication Services	Reduced	61,459	-23,539	$6,683,051	−40.5%	3	$152.26	1.21%
ROKU	Roku, Inc Communication Services	NEW	50,881	NEW	$6,373,862	NEW	1	$146.75	1.15%
AXON	Axon Enterprise, Inc. Industrials	Added	45,662	+13,931	$6,289,026	+26.2%	2	$158.51	1.14%
		Added	143,119	+89,243	$6,246,000	+72.2%	2	unpriced	1.13%
QTWO	Q2 Holdings, Inc. Technology	Reduced	100,720	-31,532	$6,209,387	−40.9%	2	$80.70	1.12%
HCAT	Health Catalyst, Inc. Healthcare	Added	227,318	+8,034	$5,939,818	−31.6%	7	$33.85	1.08%
PD	PagerDuty, Inc. Technology	Reduced	167,636	-66,867	$5,731,474	−29.7%	4	$41.10	1.04%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.