Spark Investment Management 13F annual report

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.

$16.7 billion Assets Under Management (AUM)

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.

Careers at Spark Investment Management

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.

Recent trades

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.

One of the smallest hedge funds

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.

Glenn Dropkin investment strategy

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.

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

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