BlueSpruce Investments, LP

Fundamental concentrated ★Signal CIK 1600285
League rank
#594
in Fundamental concentrated · #3210 overall
Long book
$631.2M
Q1 2026
Positions
10
Top-10 weight
100%
concentration
Last quarter
+12.2%
SPY +14.8%
Turnover
27%
of book per quarter

Strategy in plain words

auto-generated from filings

BlueSpruce Investments, LP is a concentrated fundamental stock-picker, running a $631.2M US long book across 10 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: AMAZON.COM INC, META PLATFORMS INC-CLASS A, TAIWAN SEMICONDUCTOR-SP ADR, ALPHABET INC-CL A, STRYKER CORP.

Over the last 9 quarters its long book ran on average 2.2pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+0.3%
Q2 2024
+6.9%
Q3 2024
+3.1%
Q4 2024
-6.5%
Q1 2025
+11.7%
Q2 2025
+1.2%
Q3 2025
+2.4%
Q4 2025
-10.7%
Q1 2026
+12.2%

Sector allocation

Technology
41%
Consumer discretionary
25%
Services media
18%
Healthcare
16%

Long book by quarter

$5.59B
Q1 2024
$5.44B
Q2 2024
$5.42B
Q3 2024
$4.92B
Q4 2024
$4.28B
Q1 2025
$4.30B
Q2 2025
$4.35B
Q3 2025
$3.92B
Q4 2025
$631.2M
Q1 2026

What does BlueSpruce Investments, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AMZN AMAZON.COM INCConsumer discretionary620.0K$129.1M20.5%-79.6%
META META PLATFORMS INC-CLASS ATechnology194.9K$111.5M17.7%-77.7%
GOOGL ALPHABET INC-CL ATechnology244.6K$70.3M11.1%New
SYK STRYKER CORPHealthcare198.4K$65.2M10.3%-79.0%
SPGI S&P GLOBAL INCServices media142.8K$60.7M9.6%-79.1%
MA MASTERCARD INC - AServices media70.5K$35.2M5.6%-83.8%
DHR DANAHER CORPTechnology127.3K$24.1M3.8%-79.8%
BSX BOSTON SCIENTIFIC CORPHealthcare306.1K$19.2M3.0%New
MSFT MICROSOFT CORPTechnology19.3K$7.2M1.1%-98.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202610$631.2M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20269$3.92B canonicalSEC ↗
Q3 202513F-HRNov 14, 202533$4.35B canonicalSEC ↗
Q2 202513F-HRAug 14, 202534$4.30B canonicalSEC ↗
Q1 202513F-HRMay 15, 202534$4.28B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202533$4.92B canonicalSEC ↗
Q3 202413F-HRNov 14, 202435$5.42B canonicalSEC ↗
Q2 202413F-HRAug 14, 202435$5.44B canonicalSEC ↗
Q1 202413F-HRMay 15, 202412$5.59B canonicalSEC ↗