SPRINGOWL ASSOCIATES LLC
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Sep 30, 2021, never from the firm's own description.
Closest benchmark: the Nasdaq-100 as of 2021-09-30, active share 89.8%; sector active share 36.3% against the combined 13F book's sector weights.
Over time 7 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.
View clone backtestPortfolio Concentration
23 tracked positions · as of Sep 30, 2021 · Δ vs Jun 30, 2021Portfolio Trend
Sector Breakdown
As of Sep 30, 2021| Sector | % Portfolio | Value |
|---|---|---|
| Communication Services | 30.7% | $6,739,708 |
| Financial Services | 17.1% | $3,767,540 |
| Consumer Cyclical | 16.8% | $3,698,670 |
| Technology | 13.6% | $2,989,780 |
| Unclassified | 10.2% | $2,248,000 |
| Consumer Defensive | 6.1% | $1,332,326 |
| Industrials | 5.5% | $1,199,550 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| MLCO | Melco Resorts & Entertainment LTD | +70,000 | 113,514 | $1,162,383 | |
| TIGO | Millicom International Cellular SA | +8,000 | 23,000 | $831,450 | |
| SPHR | Sphere Entertainment Co. | +5,988 | 10,988 | $798,497 | |
| GTN | Gray Media, Inc | +5,000 | 51,000 | $1,163,820 | |
| BWA | Borgwarner Inc | +4,000 | 22,000 | $950,620 | |
| WDC | Western Digital Corp | +2,000 | 14,000 | $790,159 | |
| BABA | Alibaba Group Holding Ltd | +1,500 | 5,950 | $880,897 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VLRS | Controladora Vuela Compania de Aviacion, S.A.B. de C.V. | −10,000 | 55,000 | $1,199,550 | |
| OPLN | OPENLANE, Inc. | −10,000 | 43,000 | $704,770 | |
| — | −10,000 | 40,000 | $393,000 | ||
| ATLC | Atlanticus Holdings Corp | −6,936 | 40,204 | $2,133,224 | |
| META | Meta Platforms, Inc. | −300 | 2,450 | $831,505 | |
| GOOG | Alphabet Inc. | −100 | 290 | $773,000 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| DOLE | Dole plc | 78,557 | $1,332,326 | |
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| ATLC |
Atlanticus Holdings Corp
Financial Services
|
Reduced | 40,204 | $2,133,224 | 9.71% | |
|
|
Held | 43,985 | $1,855,000 | 8.44% | ||
| DOLE |
Dole plc
Consumer Defensive
|
NEW | 78,557 | $1,332,326 | 6.06% | |
| LILAK |
Liberty Latin America Ltd.
Communication Services
|
Held | 95,000 | $1,246,000 | 5.67% | |
| VLRS |
Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Industrials
|
Reduced | 55,000 | $1,199,550 | 5.46% | |
| GTN |
Gray Media, Inc
Communication Services
|
Added | 51,000 | $1,163,820 | 5.30% | |
| MLCO |
Melco Resorts & Entertainment LTD
Consumer Cyclical
|
Added | 113,514 | $1,162,383 | 5.29% | |
|
|
Held | 6,343 | $1,095,436 | 4.98% | ||
| BWA |
Borgwarner Inc
Consumer Cyclical
|
Added | 22,000 | $950,620 | 4.33% | |
| C |
Citigroup Inc
Financial Services
|
Held | 13,099 | $919,287 | 4.18% | |
| BABA |
Alibaba Group Holding Ltd
Consumer Cyclical
|
Added | 5,950 | $880,897 | 4.01% | |
| EXTR |
Extreme Networks Inc
Technology
|
Held | 85,496 | $842,135 | 3.83% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 2,450 | $831,505 | 3.78% | |
| TIGO |
Millicom International Cellular SA
Communication Services
|
Added | 23,000 | $831,450 | 3.78% | |
| SPHR |
Sphere Entertainment Co.
Communication Services
|
Added | 10,988 | $798,497 | 3.63% | |
| WDC |
Western Digital Corp
Technology
|
Added | 14,000 | $790,159 | 3.60% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 290 | $773,000 | 3.52% | |
| MX |
MAGNACHIP SEMICONDUCTOR Corp
Technology
|
Held | 40,582 | $720,736 | 3.28% | |
| OMF |
OneMain Holdings, Inc.
Financial Services
|
Held | 12,923 | $715,029 | 3.25% | |
| OPLN |
OPENLANE, Inc.
Consumer Cyclical
|
Reduced | 43,000 | $704,770 | 3.21% | |
| AAPL |
Apple Inc.
Technology
|
Held | 4,500 | $636,750 | 2.90% | |
|
|
Reduced | 40,000 | $393,000 | 1.79% | ||
|
|
Held | 34,500 | $0 | 0.00% |
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.