Cypress Growth Fund Iii L.P. 13F annual report
Cypress Growth Fund Iii L.P. is an investment fund managing more than $119 million ran by Walter Baumgartner. There are currently 31 companies in Mr. Baumgartner’s portfolio. The largest investments include Unitedhealth Inc and Five9 Inc, together worth $14.2 million.
$119 million Assets Under Management (AUM)
As of 19th October 2021, Cypress Growth Fund Iii L.P.’s top holding is 20,000 shares of Unitedhealth Inc currently worth over $7.82 million and making up 6.6% of the portfolio value.
Relative to the number of outstanding shares of Unitedhealth Inc, Cypress Growth Fund Iii L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 40,000 shares of Five9 Inc worth $6.39 million, whose value fell 10.7% in the past six months.
The third-largest holding is Intuit Inc worth $6.37 million and the next is Palo Alto Networks Inc worth $6.23 million, with 13,000 shares owned.
Currently, Cypress Growth Fund Iii L.P.'s portfolio is worth at least $119 million. 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 Cypress Growth Fund Iii L.P.
The Cypress Growth Fund Iii L.P. office and employees reside in Menlo Park, California. According to the last 13-F report filed with the SEC, Walter Baumgartner serves as the Compliance Officer at Cypress Growth Fund Iii L.P..
Recent trades
In the most recent 13F filing, Cypress Growth Fund Iii L.P. revealed that it had opened a new position in
Analog Devices and bought 20,160 shares worth $3.38 million.
On the other hand, there are companies that Cypress Growth Fund Iii L.P. is getting rid of from its portfolio.
Cypress Growth Fund Iii L.P. closed its position in Maxim Integrated Prods on 26th October 2021.
It sold the previously owned 32,000 shares for $2.92 million.
Walter Baumgartner also disclosed a decreased stake in Ooma Inc by approximately 0.1%.
This leaves the value of the investment at $1.86 million and 100,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Cypress Growth Fund Iii L.P. are Csat Investment Advisory, L.P. and Navis Wealth Advisors. They manage $119 million and $119 million respectively.
Walter Baumgartner investment strategy
Cypress Growth Fund Iii L.P.’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 70.7% of
the total portfolio value.
The fund focuses on investments in the United States as
80.6% 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
48% of the total holdings value.
On the other hand, small-cap stocks make up only 6.5% of the portfolio.
The average market cap of the portfolio companies is close to $150 billion.
The complete list of Cypress Growth Fund Iii L.P. trades based on 13F SEC filings
These positions were updated on October 26th 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 |
|---|---|---|---|
| Unitedhealth Group Inc |
No change
20,000
|
$7,815,000 | 6.57% |
| Five9 Inc |
No change
40,000
|
$6,390,000 | 5.37% |
| Intuit Inc |
No change
11,800
|
$6,366,000 | 5.35% |
| Palo Alto Networks Inc |
No change
13,000
|
$6,227,000 | 5.23% |
| Microchip Technology, Inc. |
No change
39,000
|
$5,986,000 | 5.03% |
| Arista Networks Inc |
No change
16,000
|
$5,498,000 | 4.62% |
| KLA Corp. |
No change
16,000
|
$5,352,000 | 4.50% |
| Alphabet Inc |
No change
3,203
|
$8,553,000 | 7.19% |
| Laboratory Corp Amer Hldgs |
No change
19,000
|
$5,347,000 | 4.49% |
| Broadcom Inc. |
No change
10,000
|
$4,849,000 | 4.07% |
| Nuance Communications Inc |
No change
80,000
|
$4,403,000 | 3.70% |
| RingCentral Inc. |
No change
19,000
|
$4,133,000 | 3.47% |
| CVS Health Corp |
No change
45,000
|
$3,819,000 | 3.21% |
| Workday Inc |
No change
15,000
|
$3,748,000 | 3.15% |
| FireEye Inc |
No change
210,000
|
$3,738,000 | 3.14% |
| Akamai Technologies Inc |
No change
35,000
|
$3,661,000 | 3.08% |
| Facebook Inc |
No change
10,000
|
$3,394,000 | 2.85% |
| Analog Devices Inc. |
Opened
20,160
|
$3,376,000 | 2.84% |
| Cloudera Inc |
No change
200,500
|
$3,202,000 | 2.69% |
| MaxLinear Inc |
No change
60,000
|
$2,955,000 | 2.48% |
| Maxim Integrated Prods |
Closed
32,000
|
$2,923,000 | |
| Chegg Inc |
No change
42,000
|
$2,857,000 | 2.40% |
| Crown Castle Intl |
No change
15,000
|
$2,600,000 | 2.18% |
| HMS Holdings Corp |
Closed
62,000
|
$2,292,000 | |
| New Relic Inc |
No change
30,000
|
$2,153,000 | 1.81% |
| Upwork Inc |
No change
45,000
|
$2,026,000 | 1.70% |
| Ooma Inc |
4.76%
100,000
|
$1,861,000 | 1.56% |
| Teladoc Health Inc |
Closed
10,000
|
$1,817,000 | |
| Alibaba Group Hldg Ltd |
No change
12,000
|
$1,777,000 | 1.49% |
| Green Dot Corp. |
No change
35,000
|
$1,762,000 | 1.48% |
| Natus Med Inc Del |
No change
70,000
|
$1,756,000 | 1.48% |
| Splunk Inc |
40.00%
12,000
|
$1,737,000 | 1.46% |
| Walkme Ltd |
Opened
50,000
|
$1,488,000 | 1.25% |
| Crowdstrike Holdings Inc |
Closed
6,000
|
$1,095,000 | |
| DocuSign Inc |
Closed
5,000
|
$1,012,000 | |
| Zuora Inc |
No change
12,500
|
$207,000 | 0.17% |
| No transactions found | |||
| Showing first 500 out of 36 holdings | |||
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