Compass Rose Expands Portfolio Across Banks, Tech, Crypto
Compass Rose Asset Management LP disclosed new stakes in multiple public companies across the first quarter, expanding its diversified holdings. The firm took a new position in Banco Santander, S.A. with 635,000 shares valued around $7.16 million, making SAN about 0.5% of its portfolio and one of its top holdings. It also established a stake in FactSet Research Systems Inc., acquiring 25,000 shares valued at roughly $5.43 million, as the stock represented a small but notable portion of its portfolio. In addition, Compass Rose bought 25,649 shares of Hut 8 Corp., worth about $1.2 million, and added 126,000 shares of nVent Electric PLC valued near $14.9 million, highlighting continued diversification across financial services, data services, crypto mining exposure, and industrial electrical components. The investor’s activity comes alongside other institutional moves in these names, reflecting a broad strategy of incremental positions across several sectors during the period.