# 1623 Capital LLC

> Institutional holdings reported to the SEC as of Q2 2024 on Form 13F. CIK 1811034. Source: https://holderbook.com/funds/1811034-1623-capital-llc/

- Reported value: $173.1M
- Positions: 22
- Weight of the ten largest: 69.4%
- Filed: 2024-08-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VISA INC | [V](https://holderbook.com/stocks/V/) | $15.2M | 57,950 | 8.8% | 19 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $13.6M | 24,519 | 7.9% | 19 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $13.4M | 182,300 | 7.8% | 19 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $13.3M | 68,700 | 7.7% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $13.2M | 62,500 | 7.6% | 19 |
| BROADRIDGE FINL SOLUTIONS IN | [BR](https://holderbook.com/stocks/BR/) | $12.1M | 61,600 | 7.0% | 19 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $11.9M | 15,100 | 6.9% | 19 |
| NVR INC | [NVR](https://holderbook.com/stocks/NVR/) | $9.6M | 1,268 | 5.6% | 19 |
| CARLISLE COS INC | [CSL](https://holderbook.com/stocks/CSL/) | $9.3M | 23,000 | 5.4% | 5 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $8.5M | 19,350 | 4.9% | 19 |
| THE TRADE DESK INC | [TTD](https://holderbook.com/stocks/TTD/) | $8.5M | 87,000 | 4.9% | 19 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $8.3M | 63,000 | 4.8% | 19 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $7.6M | 7,450 | 4.4% | 14 |
| PAYCOM SOFTWARE INC | [PAYC](https://holderbook.com/stocks/PAYC/) | $5.9M | 40,900 | 3.4% | 19 |
| VEEVA SYS INC | [VEEV](https://holderbook.com/stocks/VEEV/) | $5.8M | 31,778 | 3.4% | 19 |
| POOL CORP | [POOL](https://holderbook.com/stocks/POOL/) | $5.0M | 16,260 | 2.9% | 7 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $5.0M | 28,800 | 2.9% | 19 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $3.9M | 0 | 2.2% | 1 |
| SUPER MICRO COMPUTER INC | [SMCIXXXX](https://holderbook.com/stocks/SMCIXXXX/) | $1.5M | 1,785 | 0.8% | 1 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $926.0K | 2,200 | 0.5% | 19 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $289.0K | 0 | 0.2% | 1 |
| BALL CORP | [BALL](https://holderbook.com/stocks/BALL/) | $240.1K | 0 | 0.1% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2024 | -1.4% | +4.0% | -5.4% | 99% |
| Q1 2024 | +5.5% | +10.0% | -4.5% | 100% |
| Q4 2023 | +12.9% | +11.2% | +1.7% | 100% |
| Q3 2023 | -6.3% | -3.6% | -2.8% | 100% |
| Q2 2023 | +8.3% | +8.3% | +0.0% | 100% |
| Q1 2023 | +5.5% | +7.0% | -1.5% | 100% |
| Q4 2022 | +3.7% | +7.1% | -3.4% | 99% |
| Q3 2022 | -5.1% | -5.3% | +0.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2024 | $173.1M | 22 |
| Q1 2024 | $186.1M | 22 |
| Q4 2023 | $182.3M | 22 |
| Q3 2023 | $234.0M | 27 |
| Q2 2023 | $230.6M | 29 |
| Q1 2023 | $156.7M | 26 |
| Q4 2022 | $138.6M | 25 |
| Q3 2022 | $161.9M | 42 |
| Q2 2022 | $160.4M | 47 |
| Q1 2022 | $199.6M | 50 |
| Q4 2021 | $268.0M | 57 |
| Q3 2021 | $255.9M | 72 |