Spyglass Investment Strategy Overview
0
Portfolio Characteristics
As of September 30, 2023
Cash
2023
2024
2025
2023-25
EBITDA + Cash
Balance
EBITDA
EBITDA
EBITDA
EBITDA
ASCENDIS PHARMA A/S - ADR
SWEETGREEN INC - CLASS A
ASND
$394
($477)
($449)
($281)
($1,206)
($811)
SG
$280
($7)
$12
$27
$32
$313
PROCORE TECHNOLOGIES INC
PCOR
$313
$16
$51
$125
$192
$504
GLOBAL-E ONLINE LTD
GLBE
$206
$90
$132
$191
$413
$619
AFFIRM HOLDINGS INC
AFRM
$892
($540)
$194
$423
$76
$968
MEDPACE HOLDINGS INC
MEDP
$39
$353
$404
$462
$1,219
$1,258
EXACT SCIENCES CORP
EXAS
$604
$180
$320
$472
$972
$1,576
LYFT INC-A
LYFT
$638
$195
$309
$447
$951
$1,590
NUTANIX INC - A
NTNX
$513
$256
$369
$537
$1,161
$1,674
ROKU INC
ROKU
$1,755
($175)
$61
$255
$140
$1,896
DATADOG INC - CLASS A
DDOG
$291
$439
$549
$783
$1,772
$2,064
FIVE BELOW
FIVE
$335
$499
$593
$771
$1,863
$2,198
SHIFT4 PAYMENTS INC-CLASS A
FOUR
$649
$447
$566
$690
$1,703
$2,352
PURE STORAGE INC-CLASS A
PSTG
$409
$575
$703
$831
$2,109
$2,518
API GROUP CORP
APG
$368
$777
$876
$980
$2,632
$3,000
SPOTIFY TECHNOLOGY SA
SPOT
$2,550
($202)
$349
$717
$865
$3,415
VAIL RESORTS INC
MTN
$563
$855
$977
$1,024
$2,856
$3,419
WILLSCOT MOBILE MINI HOLDING
WSC
$8
$1,053
$1,174
$1,264
$3,490
$3,498
AFFILIATED MANAGERS GROUP
AMG
$786
$895
$904
$953
$2,753
$3,538
GODADDY INC CLASS A
GDDY
$583
$1,072
$1,223
$1,365
$3,660
$4,243
SPLUNK INC
SPLK
$1,523
$960
$1,066
$1,358
$3,383
$4,907
APPLOVIN CORP-CLASS A
APP
$876
$1,333
$1,576
$1,739
$4,648
$5,524
DOORDASH INC - A
DASH
$1,904
$993
$1,363
$1,883
$4,239
$6,143
PALO ALTO NETWORKS INC
PANW
$1,135
$1,860
$2,639
$3,266
$7,765
$8,900
TRANSDIGM GROUP INC
TDG
$3,071
$3,516
$3,917
$4,135
$11,568
$14,639
Source: Bloomberg
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