# Dennis Hong — ShawSpring Partners

Portfolio USD 232,082,000 · 11 positions · 2026 Q2 · history from 2019 Q1.
Source: quarterly 13F filings via dataroma.com. Page: https://gigainvestors.com/SP

## Positions (2026 Q2)

| Ticker | Company | % of portfolio | Value | This quarter | Holders |
|---|---|---:|---:|---|---:|
| BABA | Alibaba Group Holdings | 17% | USD 39,271,000 | +40.96% |  |
| AMZN | Amazon.com Inc. | 16% | USD 37,424,000 | -15.81% |  |
| OKTA | Okta Inc. | 14% | USD 32,031,000 | -58.46% |  |
| ZS | Zscaler Inc. | 10% | USD 23,615,000 | -16.52% |  |
| CR | Crane Co | 7.8% | USD 18,151,000 | new |  |
| MSFT | Microsoft Corp. | 7.3% | USD 16,971,000 | new |  |
| FWONK | Liberty Media Corp Formula One Series C | 7.0% | USD 16,250,000 | -15.83% |  |
| CPNG | Coupang Inc. | 6.9% | USD 15,982,000 | +1.52% |  |
| BRZE | Braze Inc A | 6.0% | USD 13,907,000 | -42.34% |  |
| GDS | GDS Holdings Ltd | 4.9% | USD 11,414,000 | +71.37% |  |
| CEG | Constellation Energy Corp. | 3.0% | USD 7,066,000 | +22.81% |  |

## Moves this quarter (14)

- BABA Alibaba Group Holdings: +40.96% (USD 39,271,000)
- AMZN Amazon.com Inc.: -15.81% (USD 37,424,000)
- OKTA Okta Inc.: -58.46% (USD 32,031,000)
- ZS Zscaler Inc.: -16.52% (USD 23,615,000)
- CR Crane Co: new (USD 18,151,000)
- INTU Intuit Inc.: sold (USD 17,700,795)
- MSFT Microsoft Corp.: new (USD 16,971,000)
- FWONK Liberty Media Corp Formula One Series C: -15.83% (USD 16,250,000)
- CPNG Coupang Inc.: +1.52% (USD 15,982,000)
- BRZE Braze Inc A: -42.34% (USD 13,907,000)
- CSGP CoStar Group Inc.: sold (USD 13,678,528)
- PCOR Procore Technologies Inc.: sold (USD 12,355,092)
- GDS GDS Holdings Ltd: +71.37% (USD 11,414,000)
- CEG Constellation Energy Corp.: +22.81% (USD 7,066,000)

## Portfolio value by quarter

- 2019 Q1: USD 158,982,834 (4 positions)
- 2019 Q2: USD 170,689,432 (5 positions)
- 2019 Q3: USD 153,117,904 (5 positions)
- 2019 Q4: USD 249,554,088 (5 positions)
- 2020 Q1: USD 282,691,556 (5 positions)
- 2020 Q2: USD 446,420,092 (6 positions)
- 2020 Q3: USD 492,074,616 (5 positions)
- 2020 Q4: USD 708,475,116 (5 positions)
- 2021 Q1: USD 802,139,347 (5 positions)
- 2021 Q2: USD 1,052,583,927 (6 positions)
- 2021 Q3: USD 958,433,249 (5 positions)
- 2021 Q4: USD 810,919,793 (4 positions)
- 2022 Q1: USD 726,906,177 (4 positions)
- 2022 Q2: USD 564,685,888 (6 positions)
- 2022 Q3: USD 720,549,087 (7 positions)
- 2022 Q4: USD 629,555,109 (7 positions)
- 2023 Q1: USD 759,064,789 (7 positions)
- 2023 Q2: USD 734,040,802 (6 positions)
- 2023 Q3: USD 597,391,754 (6 positions)
- 2023 Q4: USD 609,222,064 (6 positions)
- 2024 Q1: USD 778,595,438 (8 positions)
- 2024 Q2: USD 693,194,221 (10 positions)
- 2024 Q3: USD 791,671,307 (10 positions)
- 2024 Q4: USD 754,993,355 (11 positions)
- 2025 Q1: USD 727,809,956 (10 positions)
- 2025 Q2: USD 792,377,988 (10 positions)
- 2025 Q3: USD 672,534,350 (11 positions)
- 2025 Q4: USD 531,055,474 (11 positions)
- 2026 Q1: USD 267,607,940 (12 positions)
- 2026 Q2: USD 232,082,000 (11 positions)