Norwest Venture Partners Xiii, L.P. 13F annual report
Norwest Venture Partners Xiii, L.P. is an investment fund managing more than $41.8 million ran by Matthew Dominicis. There are currently 3 companies in Mr. Dominicis’s portfolio. The largest investments include Talkspace Inc and Opendoor Technologies, together worth $39.5 million.
$41.8 million Assets Under Management (AUM)
As of 20th July 2022, Norwest Venture Partners Xiii, L.P.’s top holding is 14,702,972 shares of Talkspace Inc currently worth over $25 million and making up 59.8% of the portfolio value.
In addition, the fund holds 3,073,377 shares of Opendoor Technologies worth $14.5 million, whose value fell 32.7% in the past six months.
The third-largest holding is Grove Collaborative Hold Inc worth $2.32 million.
Currently, Norwest Venture Partners Xiii, L.P.'s portfolio is worth at least $41.8 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 Norwest Venture Partners Xiii, L.P.
The Norwest Venture Partners Xiii, L.P. office and employees reside in Palo Alto, California. According to the last 13-F report filed with the SEC, Matthew Dominicis serves as the Chief Financial Officer at Norwest Venture Partners Xiii, L.P..
Recent trades
In the most recent 13F filing, Norwest Venture Partners Xiii, L.P. revealed that it had opened a new position in Grove Collaborative Hold Inc and bought 500,100 shares worth $2.32 million.
One of the smallest hedge funds
The two most similar investment funds to Norwest Venture Partners Xiii, L.P. are Arrowgrass Capital Partners (us) L.P. and Water Asset Management. They manage $41.7 million and $41.9 million respectively.
Matthew Dominicis investment strategy
Norwest Venture Partners Xiii, L.P.’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Real Estate — making up 34.6% of
the total portfolio value.
The fund focuses on investments in the United States as
33.3% 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
approximately 0.1% 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 $2.91 billion.
The complete list of Norwest Venture Partners Xiii, L.P. trades based on 13F SEC filings
These positions were updated on July 27th 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 |
|---|---|---|---|
| Talkspace Inc |
No change
14,702,972
|
$24,995,000 | 59.82% |
| Opendoor Technologies Inc. |
No change
3,073,377
|
$14,476,000 | 34.64% |
| Grove Collaborative Hold Inc |
Opened
500,100
|
$2,315,000 | 5.54% |
| No transactions found | |||
| Showing first 500 out of 3 holdings | |||
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