Spruce House Partnership LLC
CIK
1797827
Location
New York, NY
Portfolio Value
Mid
$3,397,564,696
Diversification
Highly concentrated
Filing Date
Mar 31, 2021
Global Rank
#614
/ 5,905
· as of Mar 2021
Top Industry
Internet Retail
44.5%
3Y Alpha vs SPY
+0.4%
Period ended 5 years ago
Filed May 17, 2021 · 5y
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+345.5%
SPY
+76.0%
Annualised alpha
+43.8%
Max drawdown
−42.6%
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
6 positions · as of Mar 31, 2021Top Position
44.5%
of portfolio value
Top 5
99.4%
of portfolio value
Top 10
100.0%
of portfolio value
HHI
3,238
Highly concentrated
Sector Breakdown
As of Mar 31, 2021| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 75.1% | $2,550,812,691 |
| Real Estate | 16.6% | $562,438,048 |
| Industrials | 7.6% | $257,518,957 |
| Communication Services | 0.8% | $26,795,000 |
6 positions ·
$3,397,564,696 total
· as of Mar 31, 2021
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| W |
Wayfair Inc.
Consumer Cyclical
|
First | 4,800,000 | $1,510,800,000 | 44.47% | |
| CVNA |
Carvana Co.
Consumer Cyclical
|
First | 3,963,463 | $1,040,012,691 | 30.61% | |
| CIGI |
Colliers International Group Inc.
Real Estate
|
First | 5,725,143 | $562,438,048 | 16.55% | |
| CMPR |
CIMPRESS plc
Industrials
|
First | 2,358,904 | $236,197,057 | 6.95% | |
| SPOT |
Spotify Technology S.A.
Communication Services
|
First | 100,000 | $26,795,000 | 0.79% | |
| XPO |
XPO, Inc.
Industrials
|
First | 500,000 | $21,321,900 | 0.63% |