Snow Lake Management LP
CIK
1974834
Location
Menlo Park, CA
Portfolio Value
Micro
$90,645,914
Diversification
Highly concentrated
Filing Date
Global Rank
#5,019
/ 7,317
▼ 572
Top Industry
Education & Training Services
100.0%
3Y Alpha vs SPY
-23.6%
Period ended 2 years ago
Filed Feb 14, 2024 · 2y
4 quarters · since Mar 2023
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
-8.1%
SPY
+76.3%
Annualised alpha
-23.6%
Max drawdown
−51.3%
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
1 positions · as of Dec 31, 2023 · Δ vs Sep 30, 2023Top Position
100.0%
+35.5 pts
Top 5
100.0%
0.0 pts
Top 10
100.0%
0.0 pts
HHI
10,000
Highly concentrated+5,234
Portfolio Trend
4 quarters · across all stocks
Sector Breakdown
As of Dec 31, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Defensive | 100.0% | $90,645,914 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedNo qualifying positions this quarter.
Trimmed
Positions the filer reducedNo qualifying positions this quarter.
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exited
4 positions
1 positions ·
$90,645,914 total
· as of Dec 31, 2023
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| TAL |
TAL Education Group
Consumer Defensive
|
Held | 7,177,032 | $90,645,914 | 100.00% |