What did Dennis Hong buy in Q4 2025?

Dennis Hong opened 2 new positions (BABA, AMZN) and added to 1 existing holding in the Q4 2025 13F.

What did Dennis Hong sell in Q4 2025?

Dennis Hong exited 2 positions (NCNO, VERX) and trimmed 4.

What Dennis Hong bought and sold in Q4 2025

In Q4 2025, Dennis Hong (ShawSpring Partners) opened 2 new positions — including BABA (10.4%), AMZN (5.1%), added to 1, trimmed 4, exited 2 (NCNO, VERX). The book stood at $531M across 11 positions, filed Feb 13, 2026.

2New1Added4Trimmed2Exited

Share𝕏 in

New positions (2)

BABAAlibaba Group Holding-sp Adr10.4% · $55M
AMZNAmazon.com Inc5.1% · $27M

Added to (1)

FWONKLiberty Media Corp-formula-c+71% shares · 6.9% · $37M

Trimmed (4)

BRZEBraze Inc-a-20% shares · 9.5% · $51M
PCORProcore Technologies Inc-37% shares · 9.3% · $50M
MNDYMonday Com Ltd-32% shares · 7.1% · $37M
INTUIntuit Inc-56% shares · 6.3% · $34M

Exited (2)

NCNONcino Incwas 6.3% of book
VERXVertex Inc - Class Awas 4.0% of book

Dennis Hong's other filings

Q1 2026 changes Q3 2025 changes Q2 2025 changes Q1 2025 changes Q4 2024 changes

Dennis Hong's full portfolio →The whole cohort in Q4 2025 →

Changes vs the prior quarter's 13F, long US equity positions only (no shorts, options, or non-US listings). ADD/TRIM are share- count changes of ±20% or more. Sourced from SEC EDGAR. Not investment advice.