Equal-WT
WhaleScore 2.0
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Shannon River Fund Management is based out of New York. Shannon River Fund Management is a hedge fund with 6 clients and discretionary assets under management (AUM) of $722,754,167 (Form ADV from 2024-04-25). Their last reported 13F filing for Q1 2025 included $383,228,663 in managed 13F securities
and a top 10 holdings concentration of 87.29%. Shannon River Fund Management's largest holding is InterDigital, Inc with shares held of 225,002. Whalewisdom has at least 76 13F filings, 5 13D filings, and 24 13G filings
Investment Strategy
The investment strategy for the Private Funds is a sector-specific long/short equity approach, primarily focused on Technology, Media, and Telecommunications. The objective is to achieve significant capital appreciation through exposure to these sectors while maintaining sound risk management. This involves identifying and analyzing significant technology trends and targeting companies believed to be well-positioned for building shareholder value. The process includes extensive due diligence, meetings with management, customers, and partners, and attendance at industry events, all while maintaining a disciplined value approach with a focus on asset value and cash generation potential.
The investment program is not broadly diversified across securities, countries, or industries, which may lead to more rapid changes in portfolio value. While the Private Funds generally have a long bias, they may become more aggressive in hedging the portfolio by shorting equities, tracking stocks, and stock index futures during periods when the securities in their focus industries are considered over-priced. Factors considered for short opportunities include overextended valuations, increasing balance sheet risk, unfavorable marketplace developments, management instability, customer concentration, speculative market moves, and deteriorating industry conditions.
Owners
- ZURL, ROBERT, L - CHIEF COMPLIANCE OFFICER AND CHIEF FINANCIAL OFFICER
- WAXMAN, SPENCER, MARSHAL - MANAGING MEMBER Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
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Other Contact Information
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2025-03-31
Top Buys (13F)
| Name | % Change |
|---|---|
| QRVO Qorvo Inc | 8.37% |
| ESTC Elastic NV | 8.35% |
| GWRE Guidewire Software, | 5.67% |
| WIX Wix.com Ltd | 5.04% |
| PLTR Palantir Technologie | 4.28% |
2025-03-31
Top Sells (13F)
| Name | % Change |
|---|---|
| SPY SPDR S&P 500 ETF TRU (PUT) | 12.97% |
| DEBT-WIX WIX COM LTD NOTE 8/1 (PRN) | 9.54% |
| MRVL Marvell Technology I | 5.31% |
| MRVL Marvell Technology I (PUT) | 3.54% |
| PYPL PayPal Holdings Inc | 3.39% |
2025-03-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| IDCC InterDigital, Inc | 12.14% |
| PEGA Pegasystems Inc | 11.51% |
| TSEM Tower Semiconductor | 11.1% |
| CWAN Clearwater Analytics | 9.56% |
| FLEX Flex Ltd | 8.75% |
2025-03-31
13F Activity
| Market Value | $383m, Prior: $0.68b |
| Inflows (Outflows) as % of Total MV | (-27.0943)% |
| New Purchases | 5 stocks |
| Added To | 4 stocks |
| Sold out of | 10 stocks |
| Reduced holdings in | 5 stocks |
| Top 10 Holdings % | 87.29% |
| Turnover %[1] | 62.5% |
| Turnover Alt %[2] | 33.42% |
| Time Held Top 20 | 3.9286 quarters |
| Time Held Top 10 | 4.5 quarters |
| Time Held All | 5.21 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.
2025-03-31
13F Sector Allocation Over Time
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2025-03-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2025-03-31