13F HOLDINGS REPORT
Spence Asset Management
Quarter ended Q3 2025 · Filed October 14, 2025 · Accession 0001729269-25-000009
Total Value
$478,738
Positions
37
Other Managers
0
Confidential Omitted
No
Holdings (37)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VISA INC COM CL A | V | 116,481 | $39,764 | 8.31% |
| 2 | MASTERCARD INCORPORATED CL A | MA | 69,154 | $39,336 | 8.22% |
| 3 | AMAZON COM INC COM | AMZN | 142,760 | $31,346 | 6.55% |
| 4 | MICROSOFT CORP COM | MSFT | 59,971 | $31,062 | 6.49% |
| 5 | ALPHABET INC CAP STK CL C | GOOG | 123,694 | $30,126 | 6.29% |
| 6 | GOLDMAN SACHS GROUP INC COM | GSCE | 33,535 | $26,706 | 5.58% |
| 7 | INTUITIVE SURGICAL INC COM NEW | ISRG | 55,377 | $24,766 | 5.17% |
| 8 | SERVICENOW INC COM | NOW | 24,756 | $22,782 | 4.76% |
| 9 | IDEXX LABS INC COM | 45168D104 | 31,141 | $19,896 | 4.16% |
| 10 | SAMSARA INC COM CL A | IOT | 525,687 | $19,582 | 4.09% |
| 11 | GUIDEWIRE SOFTWARE INC COM | GWRE | 78,847 | $18,123 | 3.79% |
| 12 | NETFLIX INC COM | NFLX | 13,554 | $16,251 | 3.39% |
| 13 | WAYSTAR HLDG CORP COM | WAY | 420,897 | $15,960 | 3.33% |
| 14 | UBER TECHNOLOGIES INC COM | UBER | 159,278 | $15,604 | 3.26% |
| 15 | TYLER TECHNOLOGIES INC COM | TYL | 27,136 | $14,196 | 2.97% |
| 16 | BOSTON SCIENTIFIC CORP COM | BSX | 141,343 | $13,799 | 2.88% |
| 17 | MERCADOLIBRE INC COM | MELI | 5,498 | $12,848 | 2.68% |
| 18 | SPDR PORTFOLIO S&P 500 ETF | 78464A854 | 148,862 | $11,662 | 2.44% |
| 19 | FAIR ISAAC CORP COM | FICO | 7,008 | $10,488 | 2.19% |
| 20 | UNIVERSAL TECHNICAL INST INC COM | UTI | 317,407 | $10,332 | 2.16% |
| 21 | SPOTIFY TECHNOLOGY S A SHS | SPOT | 12,914 | $9,014 | 1.88% |
| 22 | ARCH CAP GROUP LTD ORD | G0450A105 | 98,457 | $8,933 | 1.87% |
| 23 | VERTEX INC CL A | VERX | 337,013 | $8,355 | 1.75% |
| 24 | TEXAS PACIFIC LAND CORPORATION COM | TPL | 7,148 | $6,674 | 1.39% |
| 25 | TEMPUS AI INC CL A | TEM | 72,402 | $5,844 | 1.22% |
| 26 | TR ACTIVEBETA US SMALL CAP EQUITY ETF | NVGLF | 40,890 | $3,062 | 0.64% |
| 27 | ISHARES U.S. INDUSTRIALS ETF | 464287754 | 15,989 | $2,332 | 0.49% |
| 28 | ISHARES MSCI USA MOMENTUM FACTOR ETF | 46432F396 | 9,058 | $2,323 | 0.49% |
| 29 | VANGUARD REAL ESTATE ETF | 922908553 | 17,580 | $1,607 | 0.34% |
| 30 | ISHARES EXPANDED TECH-SOFTWARE SECTOR ETF | 464287515 | 13,863 | $1,594 | 0.33% |
| 31 | ISHARES U.S. CONSUMER DISCRETIONARY ETF | 464287580 | 12,578 | $1,318 | 0.28% |
| 32 | SPDR S&P 500 ETF TRUST | SPY | 1,879 | $1,252 | 0.26% |
| 33 | VANGUARD CORE PLUS BOND ETF | 922020755 | 9,742 | $766 | 0.16% |
| 34 | ALPHABET INC CAP STK CL A | GOOG | 1,764 | $429 | 0.09% |
| 35 | SPDR S&P CAPITAL MARKETS ETF | 78464A771 | 17,670 | $270 | 0.06% |
| 36 | ISHARES RUSSELL MIDCAP ETF | 464287499 | 1,943 | $188 | 0.04% |
| 37 | WISDOMTREE EUROPE HEDGED EQUITY FUND | WT | 2,933 | $148 | 0.03% |