Great Hill Partners is based out of Boston. Great Hill Partners is a hedge fund with 34 clients and discretionary assets under management (AUM) of $13,526,193,000 (Form ADV from 2024-03-28). Their last reported 13F filing for Q2 2024 included $147,059,330 in managed 13F securities
and a top 10 holdings concentration of 100.0%. Great Hill Partners's largest holding is Wayfair Inc Class A with shares held of 2,788,912. Whalewisdom has at least 35 13F filings, and 1 13D filings
Business Description
The advisory business includes costs associated with consummated transactions, including break-up and termination fees. It also covers expenses related to "search entities" and "industry segment initiatives," as well as activities involving "executive in residence" programs. These costs encompass a wide range of services, including legal, tax, accounting, advisory, financing, retained search, travel and entertainment, research and consulting, and retainer costs.
Additionally, the advisory business encompasses expenses related to portfolio companies and investments. These include costs associated with attending board or management meetings, finding, developing, visiting, negotiating, researching, diligencing, and structuring acquisitions, market research and mapping, researching, contacting, and meeting with consultants, retained search firms, investment banks, accountants, and other professional service providers, and trading, monitoring, holding, and disposing of investments and portfolio company securities.
Investment Strategy
GHP utilizes a proprietary research program and targeted outbound calling efforts to identify and cultivate relationships with rapidly growing middle market companies in its targeted sectors. These companies possess the potential to appeal to corporate strategic buyers, large private equity funds, and IPO investors. By establishing relationships prior to planned capital raises or sale events, GHP can identify desirable companies, monitor their growth and development over time, and position itself to aggressively pursue deals that align with its interests.
GHP's model emphasizes value creation through a combination of organic growth, accretive acquisitions, and company-building tactics. This strategy involves identifying and implementing potential operating improvements within portfolio companies, which can be a challenging and uncertain process. The success of this strategy hinges on the ability to effect these improvements, as well as the need for potential follow-on investments to support the growth of portfolio companies.
Known Email Addresses
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Other Contact Information
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2024-06-30
Top Buys (13F)
| Name | % Change |
|---|
2024-06-30
Top Sells (13F)
| Name | % Change |
|---|---|
| INTA Intapp Inc | 54.93% |
2024-06-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| W Wayfair Inc Class A | 100% |
2024-06-30
13F Activity
| Market Value | $147m, Prior: $420m |
| Inflows (Outflows) as % of Total MV | (-54.931)% |
| New Purchases | 0 stocks |
| Added To | 0 stocks |
| Sold out of | 1 stocks |
| Reduced holdings in | 0 stocks |
| Top 10 Holdings % | 100% |
| Turnover %[1] | 50% |
| Turnover Alt %[2] | 0% |
| Time Held Top 20 | 8 quarters |
| Time Held Top 10 | 8 quarters |
| Time Held All | 8 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-06-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-06-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-06-30