Spark Growth Management Partners 13F annual report

Spark Growth Management Partners is an investment fund managing more than $591 million ran by Paul Conway. There is currently 1 company in Mr. Conway’s portfolio. The largest and only investment include Affirm worth $591 million.

$591 million Assets Under Management (AUM)

As of 7th May 2021, Spark Growth Management Partners’s top holding is 8,350,634 shares of Affirm currently worth over $591 million and making up 100.0% of the portfolio value. Relative to the number of outstanding shares of Affirm, Spark Growth Management Partners owns less than approximately 0.1% of the company.

Currently, Spark Growth Management Partners's portfolio is worth at least $591 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Spark Growth Management Partners

The Spark Growth Management Partners office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Paul Conway serves as the Chief Financial Officer at Spark Growth Management Partners.

Recent trades

In the most recent 13F filing, Spark Growth Management Partners revealed that it had opened a new position in Affirm and bought 8,350,634 shares worth $591 million.

On the other hand, there are companies that Spark Growth Management Partners is getting rid of from its portfolio. Spark Growth Management Partners closed its position in Slack Technologies Inc on 14th May 2021. It sold the previously owned 5,180,617 shares for $161 million.

One of the average hedge funds

The two most similar investment funds to Spark Growth Management Partners are Vantagepoint Investment Advisers and Formula Growth Ltd. They manage $591 million and $591 million respectively.

Paul Conway investment strategy

Spark Growth Management Partners’s portfolio is diversified across 1 sector. Currently, their heaviest sector is Technology — making up 100.0% of the total portfolio value. The fund focuses on investments in the Unknown as 100.0% of the portfolio companies are based in the Unknown.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 100% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $12.8 billion.

The complete list of Spark Growth Management Partners trades based on 13F SEC filings

These positions were updated on May 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Affirm Holdings, Inc.	Opened 8,350,634	$590,557,000	100.00%
Slack Technologies Inc	Closed 5,180,617	$161,065,000
No transactions found
Showing first 500 out of 2 holdings