First Growth Investment Manager LP

CIK

1859691

Location

SAN FRANCISCO, CA

Portfolio Value

Micro $54,350,165

Diversification

Diversified

Filing Date

Global Rank

#5,445 / 6,897 ▼ 8

Top Industry

Software - Application 67.8%

3Y Alpha vs SPY

-28.3%

Period ended 2 years ago

Filed Aug 2, 2023 · 2y

11 quarters · since Dec 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

-20.8%

SPY

+76.5%

Annualised alpha

-28.3%

Max drawdown

−46.4%

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

21 positions · as of Jun 30, 2023 · Δ vs Mar 31, 2023

Top Position

8.3%

−2.3 pts

Top 5

40.4%

−1.9 pts

Top 10

69.0%

−1.7 pts

HHI

605

Diversified−24

Portfolio Trend

11 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2023

Sector	% Portfolio	Value	Positions
Technology	81.3%	$44,198,475	17
Consumer Cyclical	14.0%	$7,603,430	3
Communication Services	4.7%	$2,548,260	1

Last Quarter's Activity

Export CSV

Jun 30, 2023 vs Mar 31, 2023

Added To

Positions the filer increased

10 positions

Ticker	Company	Δ Shares	Shares	Value
TTD	Trade Desk, Inc.	+19,250	33,000	$2,548,260
PCOR	Procore Technologies, Inc.	+18,000	48,500	$3,155,895
FIVN	Five9, Inc.	+17,250	54,500	$4,493,525
SHOP	Shopify Inc.	+2,250	65,150	$4,208,690
BL	Blackline, Inc.	+2,000	80,500	$4,332,510
MELI	Mercadolibre Inc	+1,350	2,800	$3,316,880
HUBS	Hubspot Inc	+500	5,200	$2,766,868
WDAY	Workday, Inc.	+300	19,850	$4,483,916
SNOW	Snowflake Inc.	+250	16,350	$2,877,273
PAYC	Paycom Software, Inc.	+50	13,900	$4,465,236
No positions match the current search.

Trimmed

Positions the filer reduced

7 positions

Ticker	Company	Δ Shares	Shares	Value
MMYT	MakeMyTrip Ltd	−100,000	61,500	$1,659,270
GTM	ZoomInfo Technologies Inc.	−17,000	61,000	$1,548,790
TWLO	Twilio Inc	−10,950	3,300	$209,946
ADSK	Autodesk, Inc.	−9,600	5,000	$1,023,050
ABNB	Airbnb, Inc.	−2,750	20,500	$2,627,280
NOW	ServiceNow, Inc.	−1,950	8,150	$916,011
TEAM	Atlassian Corp	−750	20,350	$3,414,933
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
DSGX	Descartes Systems Group Inc	21,750	$1,742,392
TYL	Tyler Technologies Inc	3,950	$1,645,056
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
ZM	Zoom Communications, Inc.	31,750	$2,344,420
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

21 positions · $54,350,165 total · as of Jun 30, 2023

All sectors Communication Services Consumer Cyclical Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
FIVN	Five9, Inc. Technology	Added	54,500	+17,250	$4,493,525	+66.9%	8.27%
WDAY	Workday, Inc. Technology	Added	19,850	+300	$4,483,916	+11.0%	8.25%
PAYC	Paycom Software, Inc. Technology	Added	13,900	+50	$4,465,236	+6.0%	8.22%
BL	Blackline, Inc. Technology	Added	80,500	+2,000	$4,332,510	−17.8%	7.97%
SHOP	Shopify Inc. Technology	Added	65,150	+2,250	$4,208,690	+39.6%	7.74%
TEAM	Atlassian Corp Technology	Reduced	20,350	-750	$3,414,933	−5.4%	6.28%
MELI	Mercadolibre Inc Consumer Cyclical	Added	2,800	+1,350	$3,316,880	+73.6%	6.10%
PCOR	Procore Technologies, Inc. Technology	Added	48,500	+18,000	$3,155,895	+65.2%	5.81%
SNOW	Snowflake Inc. Technology	Added	16,350	+250	$2,877,273	+15.8%	5.29%
HUBS	Hubspot Inc Technology	Added	5,200	+500	$2,766,868	+37.3%	5.09%
MDB	MongoDB, Inc. Technology	Held	6,500	0	$2,671,435	+76.3%	4.92%
ABNB	Airbnb, Inc. Consumer Cyclical	Reduced	20,500	-2,750	$2,627,280	−9.2%	4.83%
TTD	Trade Desk, Inc. Communication Services	Added	33,000	+19,250	$2,548,260	+204.3%	4.69%
DSGX	Descartes Systems Group Inc Technology	NEW	21,750	NEW	$1,742,392	NEW	3.21%
MMYT	MakeMyTrip Ltd Consumer Cyclical	Reduced	61,500	-100,000	$1,659,270	−58.0%	3.05%
TYL	Tyler Technologies Inc Technology	NEW	3,950	NEW	$1,645,056	NEW	3.03%
GTM	ZoomInfo Technologies Inc. Technology	Reduced	61,000	-17,000	$1,548,790	−19.6%	2.85%
ADSK	Autodesk, Inc. Technology	Reduced	5,000	-9,600	$1,023,050	−66.3%	1.88%
NOW	ServiceNow, Inc. Technology	Reduced	8,150	-1,950	$916,011	−2.4%	1.69%
CRM	Salesforce, Inc. Technology	Held	1,150	0	$242,949	+5.7%	0.45%
TWLO	Twilio Inc Technology	Reduced	3,300	-10,950	$209,946	−77.9%	0.39%