Greenspring Associates, LLC

CIK

1796458

Location

OWINGS MILLS, MD

Portfolio Value

Small $382,378,084

Diversification

Highly concentrated

Filing Date

Global Rank

#2,322 / 5,923 ▲ 3153

Top Industry

Industrial Distribution 63.3%

3Y Alpha vs SPY

+12.2%

Period ended 4 years ago

Filed Aug 13, 2021 · 4y

6 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+155.7%

SPY

+76.5%

Annualised alpha

+15.9%

Max drawdown

−64.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

7 positions · as of Jun 30, 2021 · Δ vs Mar 31, 2021

Top Position

63.3%

−16.4 pts

Top 5

100.0%

−0.0 pts

Top 10

100.0%

0.0 pts

HHI

5,088

Highly concentrated−1,534

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2021

Sector	% Portfolio	Value	Positions
Industrials	63.3%	$241,936,243	1
Technology	32.7%	$125,139,083	1
Healthcare	3.9%	$15,098,187	3
Financial Services	0.0%	$118,162	1
Consumer Cyclical	0.0%	$86,409	1

Last Quarter's Activity

Export CSV

Jun 30, 2021 vs Mar 31, 2021

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
PHAT	Phathom Pharmaceuticals, Inc.	+54,338	415,277	$14,057,126
No positions match the current search.

Trimmed

Positions the filer reduced

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
FINV	FinVolution Group	−13,325	12,412	$118,162
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
XMTR	Xometry, Inc.	2,768,466	$241,936,243
PATH	UiPath, Inc.	1,842,177	$125,139,083
ARQT	Arcutis Biotherapeutics, Inc.	35,210	$960,880
SFIX	Stitch Fix, Inc.	1,433	$86,409
PGNY	Progyny, Inc.	1,359	$80,181
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
CRWD	CrowdStrike Holdings, Inc.	14,980	$2,733,999
TXG	10x Genomics, Inc.	2,821	$510,601
LUNG	Pulmonx Corp	566	$25,888
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

7 positions · $382,378,084 total · as of Jun 30, 2021

All sectors Consumer Cyclical Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
XMTR	Xometry, Inc. Industrials	NEW	2,768,466	NEW	$241,936,243	NEW	63.27%
PATH	UiPath, Inc. Technology	NEW	1,842,177	NEW	$125,139,083	NEW	32.73%
PHAT	Phathom Pharmaceuticals, Inc. Healthcare	Added	415,277	+54,338	$14,057,126	+3.7%	3.68%
ARQT	Arcutis Biotherapeutics, Inc. Healthcare	NEW	35,210	NEW	$960,880	NEW	0.25%
FINV	FinVolution Group Financial Services	Reduced	12,412	-13,325	$118,162	−34.5%	0.03%
SFIX	Stitch Fix, Inc. Consumer Cyclical	NEW	1,433	NEW	$86,409	NEW	0.02%
PGNY	Progyny, Inc. Healthcare	NEW	1,359	NEW	$80,181	NEW	0.02%