Spence Asset Management
Spence Asset Management is a regional investment advisory firm headquartered in Las Cruces, New Mexico. Founded in the early 2000s, the firm employs a team of approximately 7 professionals. Spence Asset Management primarily serves individuals (including high net worth clients), pension and profit sharing plans, and charitable organizations, focusing on personalized portfolio management and financial planning.
Investment Strategy
Spence Asset Management employs a long-term, discretionary portfolio management strategy tailored to the specific needs of each client. Its approach is centered on comprehensive financial planning and direct client relationships, with a strong focus on public equities, fixed income, and strategic opportunities funds. The firm’s portfolios are diversified across leading sectors and blue-chip companies, applying fundamental analysis to security selection and risk management for individuals, pensions, and charitable organizations.
Top Holdings
Equity Positions (37)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V V | VISA INC COM CL A | 8.31% | $39.8M | 116,481 | $262.71 | $341.38 | -$1.3M |
M MA | MASTERCARD INCORPORATED CL A | 8.22% | $39.3M | 69,154 | $314.35 | $568.81 | +$334.0K |
A AMZN | AMAZON COM INC COM | 6.55% | $31.3M | 142,760 | $187.17 | $219.57 | +$392.0K |
M MSFT | MICROSOFT CORP COM | 6.49% | $31.1M | 59,971 | $347.68 | $517.95 | +$1.6M |
G GOOG | ALPHABET INC CAP STK CL C | 6.29% | $30.1M | 123,694 | $145.60 | $243.55 | +$8.0M |