Spyglass Growth Fund Institutional Shares (SPYGX) Fund Details & Analysis

Fund Information

Fund Category Mid-Cap Growth

Fund Family Spyglass Capital Management

Fund Style Large

ISIN US56170L7038

CUSIP 56170L703

Inception Date 2017-12-29

Domicile United States

Country USA

Fiscal Year End December

NAV Chart

Fund Metrics

Net Assets $1.01 Billion

Share Class Net Assets $1.01 Billion

Expense Ratio 1.00%

Expense Ratio Date 2026-04-30

Dividend Yield 0.00%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return -%

1-Year Return -7.77%

3-Year Return 22.34%

5-Year Return 0.43%

NAV $21.13

Previous Close Price $21.03

Last Update 2026-09-30

Dividend Information

Dividend Yield 0.00%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Spyglass Growth Fund Institutional Shares

The fund seeks to achieve its investment objective by investing in a non-diversified portfolio of common stocks of U.S. growth companies. It may also invest in other equity securities, including stocks offered in initial public offerings ("IPOs") and shares of real estate investment trusts ("REITs"). The fund is non-diversified.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 22281.20%

Giant 0.00%

Large 8.44%

Medium 54.90%

Micro 0.00%

Small 35.54%

Value & Growth Metrics

Book-Value Growth % 6.83%

Cash-Flow Growth % 14.47%

Dividend Yield % 0.02%

Historical Earnings % 3.61%

Long-Term Earnings % 15.87%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	0.13%	0.00%
Cash	1.12%	1.12%	0.00%	1.25%	0.00%
Non US Stock	0.00%	0.00%	0.00%	3.83%	1.86%
Not Classified	0.00%	0.00%	0.00%	0.01%	0.00%
Other	0.00%	0.00%	0.00%	0.90%	0.00%
US Stock	98.88%	98.88%	0.00%	94.26%	98.14%

Top Holdings

Name	Weight	Owned	Change
Ascendis Pharma A/S	5.90%	-	-
Shift4 Payments Inc	4.78%	-	-
AppLovin Corp	5.28%	-	-
Sweetgreen Inc	5.76%	-	-
API Group Corp	4.38%	-	-
Affirm Holdings Inc	6.72%	-	-
Procore Technologies Inc	4.19%	-	-
CoStar Group Inc	4.09%	-	-
DoorDash Inc	4.44%	-	-
Exact Sciences Corp	6.15%	-	-
Snowflake Inc	4.50%	-	-
Medpace Holdings Inc	5.02%	-	-
Kinsale Capital Group Inc	5.01%	-	-
MongoDB Inc	4.34%	-	-
HubSpot Inc	5.37%	-	-
AAON Inc	5.27%	-	-
Global-e Online Ltd	5.25%	-	-
Duolingo Inc	4.58%	-	-
Cadence Design Systems Inc	4.54%	-	-
Samsara Inc	5.36%	-	-
Fair Isaac Corp	4.79%	-	-
Credo Technology Group Holding Ltd	5.85%	-	-
Illumina Inc	4.32%	-	-

See the full breakdown of SPYGX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	89.20%	100.00%	0.00%
Bond Sector	Corporate	0.00%	0.52%	0.00%	0.00%
Bond Sector	Derivative	0.00%	0.93%	0.00%	0.00%
Bond Sector	Government	0.00%	6.46%	0.00%	0.00%
Bond Sector	Municipal	0.00%	0.00%	0.00%	0.00%
Bond Sector	Securitized	0.00%	2.89%	0.00%	0.00%
Cyclical	Basic Materials	0.00%	1.93%	0.00%	6.49%
Cyclical	Consumer Cyclical	11.20%	12.65%	0.00%	11.30%
Cyclical	Financial Services	6.79%	8.49%	0.00%	12.08%
Cyclical	Real Estate	4.13%	1.47%	0.00%	3.70%
Defensive	Consumer Defensive	0.00%	1.25%	0.00%	2.08%
Defensive	Healthcare	10.92%	15.59%	0.00%	8.20%
Defensive	Utilities	0.00%	1.24%	0.00%	2.94%
Sensitive	Communication Services	5.33%	3.78%	0.00%	1.96%
Sensitive	Energy	0.00%	3.40%	0.00%	3.40%
Sensitive	Industrials	16.21%	23.18%	0.00%	23.02%
Sensitive	Technology	45.42%	27.01%	0.00%	24.84%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.62%	-	0.52%
Americas	North America	97.63%	100.00%	98.14%
Greater Asia	Asia Developed	0.16%	-	-
Greater Asia	Asia Emerging	0.19%	-	0.51%
Greater Asia	Australasia	0.03%	-	-
Greater Asia	Japan	0.08%	-	-
Greater Europe	Africa/Middle East	0.12%	-	-
Greater Europe	Europe Developed	0.74%	-	0.42%
Greater Europe	Europe Emerging	-	-	-
Greater Europe	United Kingdom	0.42%	-	0.42%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2022-12-15	$0.000	$0.000	None	-	-	-	-
2021-12-15	$0.000	$0.000	None	-	-	-	-
2020-12-16	$0.000	$0.000	None	-	-	-	-
2019-12-18	$0.000	$0.000	None	-	-	-	-
2018-12-18	$0.000	$0.000	None	-	-	-	-

View the full dividend history for SPYGX.

Spyglass Growth Fund Institutional Shares NMFQS:SPYGX