Spark Investment Management is an investment fund managing more than $16.7 billion ran by Glenn Dropkin. There are currently 11 companies in Mr. Dropkin’s portfolio. The largest investments include Amazon.com and Spotify Technology S.A, together worth $12.3 billion.
As of 6th August 2024, Spark Investment Management’s top holding is 43,180 shares of Amazon.com currently worth over $8.34 billion and making up 50.0% of the portfolio value.
Relative to the number of outstanding shares of Amazon.com, Spark Investment Management owns more than approximately 0.1% of the company.
In addition, the fund holds 12,600 shares of Spotify Technology S.A worth $3.95 billion, whose value grew 43.0% in the past six months.
The third-largest holding is Monday Com Ltd worth $1.42 billion and the next is Tesla Inc worth $1.19 billion, with 6,000 shares owned.
Currently, Spark Investment Management's portfolio is worth at least $16.7 billion. 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.
The Spark Investment Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Glenn Dropkin serves as the Chief Compliance Officer at Spark Investment Management.
There are companies that Spark Investment Management is getting rid of from its portfolio.
Spark Investment Management closed its position in J.Jill Inc on 13th August 2024.
It sold the previously owned 40,000 shares for $1.28 billion.
Glenn Dropkin also disclosed a decreased stake in Grayscale Bitcoin Tr Btc by 0.5%.
This leaves the value of the investment at $453 million and 8,500 shares.
The two most similar investment funds to Spark Investment Management are Merrill Lynch And Co., Inc and Holdco Asset Management, L.P.. They manage $16.7 billion and $16.7 billion respectively.
Spark Investment Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 57.6% of
the total portfolio value.
The fund focuses on investments in the United States as
63.6% of the portfolio companies
are based in the United States.
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
36% 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 $67.7 billion.
These positions were updated on August 13th 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 |
|---|---|---|---|
| Amazon.com Inc. |
No change
43,180
|
$8,344,535,000 | 49.99% |
| Spotify Technology S.A. |
No change
12,600
|
$3,953,754,000 | 23.69% |
| Monday Com Ltd |
No change
5,900
|
$1,420,484,000 | 8.51% |
| J.Jill Inc |
Closed
40,000
|
$1,278,800,000 | |
| Tesla Inc |
No change
6,000
|
$1,187,280,000 | 7.11% |
| Jakks Pac Inc |
Closed
28,110
|
$694,317,000 | |
| Block Inc |
No change
8,700
|
$561,063,000 | 3.36% |
| Grayscale Bitcoin Tr Btc |
50.00%
8,500
|
$452,540,000 | 2.71% |
| Twilio Inc |
No change
5,200
|
$295,412,000 | 1.77% |
| SpartanNash Co |
No change
15,500
|
$290,780,000 | 1.74% |
| Pitney Bowes, Inc. |
No change
21,000
|
$106,680,000 | 0.64% |
| Fossil Group Inc |
No change
55,900
|
$80,496,000 | 0.48% |
| Sinovac Biotech Ltd. |
No change
29,100
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 13 holdings | |||