HARSPRING CAPITAL MANAGEMENT, LLC

other names
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Adviser Profile
As of Date 03/27/2024
Adviser Type - Large advisory firm
Number of Employees 4
of those in investment advisory functions 3
Registration SEC, Approved, 07/15/2020
Other registrations (1)
Former registrations

HARSPRING CAPITAL MANAGEMENT, LLC

AUM* 690,801,000 2.30%
of that, discretionary 690,801,000 2.30%
Private Fund GAV* 598,871,000 5.16%
Avg Account Size 230,267,000 2.30%
SMA’s No
Private Funds 1
Contact Info 646 xxxxxxx

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
757M 649M 541M 433M 325M 216M 108M
2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$598,871,000

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Top Holdings

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Stck Ticker023135106 Stock NameAmazon.com, Inc. $ Position$32,458,686 % Position8.00% $ Change-11.00% # Change-8.00%
Stck Ticker29357K103 Stock NameEnova International, Inc. $ Position$34,353,900 % Position8.00% $ Change28.00% # Change-5.00%
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Stck Ticker65249B109 Stock NameNews Corporation $ Position$21,876,545 % Position5.00% $ Change-3.00% # Change0.00%
Stck Ticker02079K107 Stock NameAlphabet Inc. $ Position$19,669,904 % Position5.00% $ Change-9.00% # Change0.00%
Stck Ticker781846209 Stock NameRush Enterprises, Inc. $ Position$16,377,300 % Position4.00% $ Change19.00% # Change-6.00%
Stck Ticker023586506 Stock NameU-Haul Holding Company $ Position$18,360,000 % Position4.00% $ Change8.00% # Change-10.00%

Brochure Summary

Overview

Harspring Capital Management, LLC (hereinafter “Harspring”, “we”, “us”, “our” or the “Firm”) is a Delaware, limited liability company founded in February 2012. The Firm’s principal place of business is in New York, New York and Harry M. Gail is the principal owner. We are an affiliate of Harspring Capital Advisors, LLC (the “Fund General Partner”). Harspring provides discretionary investment management services to private pooled investment vehicles including Harspring Capital, LP, a Delaware, Limited Partnership (the “Master Fund”) and Harspring Capital Offshore Ltd., a Cayman Exempt Limited Company (the “Offshore Fund”). The Master Fund, the Offshore Fund, and other private funds to which we provide investment management services are each referred to as a “Fund” or “Client”, and collectively referred to as the “Funds” or the “Clients”. Our investment decisions and advice with respect to each Fund are subject to each Fund’s investment objectives and guidelines, as set forth in its respective offering documents (“Offering Documents”) and/or our investment management agreement. Limited partners or shareholders of the Funds for which a Harspring affiliate serves as the general partner, who we refer to as “Investors,” do not have the ability to impose restrictions on the Funds’ investments. Where we provide investment management services to other private
funds for which we are not the general partner, the services we provide are subject to the terms of our investment management agreement with such client, which would reflect the investment objectives and guidelines of the client. We do not currently participate in any Wrap Fee Programs. As of December 31, 2023, we have regulatory assets under management $690,801,000 managed on a discretionary basis and no assets under management on a non-discretionary basis. This Brochure does not constitute an offer to sell or a solicitation of an offer to buy any securities. The Funds’ securities are offered and sold on a private placement basis under exemptions promulgated under the “Securities Act” of 1933 and other applicable state, federal or non-U.S. laws. Significant suitability requirements apply to prospective Investors in the Funds, including requirements that they be “Accredited Investors” as defined in Securities Act and “qualified purchasers” as defined in the Investment Company Act of 1940. Persons reviewing this Brochure should not construe this as an offer to sell or a solicitation of an offer to buy the securities of any of the Funds described herein. Any such offer or solicitation will be made only by means of a confidential private placement memorandum.