SEC 13F Intelligence

Managers / Q2 2019 · view latest →

PRECEPT MANAGEMENT LLC

CIK 0001135631 · 200 CRESCENT COURT, SUITE 1450, DALLAS, TX, 75201 · 214-880-7444

Reported Value
$319M
Q2 2019
Positions
70
Filings on Record
20
2019–present window
Filed
Aug 14, 2019
original filing

Summary

Precept Management LLC reported $319M in U.S.-listed holdings across 70 positions for Q2 2019.

Its largest position, EPD, represents 6.7% of the portfolio.

Compared with Q1 2019, the fund opened 24 new positions and exited 7.

Portfolio Metrics

Turnover
+30.4%
vs prior filed quarter
Top-10 Concentration
+25.6%
share of reported value
Largest Position
+6.7%
Enterprise Prods Partners L
New / Exited
24 / 7
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $256MQ4 ’18Q1 ’19: $222MQ2 ’19: $319MQ3 ’19: $166MQ3 ’19Q4 ’19: $208MQ1 ’20: $807MQ2 ’20: $523MQ2 ’20Q3 ’20: $408MQ4 ’20: $247MQ1 ’21: $147MQ1 ’21Q2 ’21: $238MQ3 ’21: $214MQ4 ’21: $254MQ4 ’21Q1 ’22: $95MQ2 ’22: $45MQ3 ’22: $14MQ3 ’22Q4 ’22: $34MQ1 ’23: $82MQ2 ’23: $74MQ2 ’23Q3 ’23: $126Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 53.4%ETP: 36.9%MLP: 8.9%Other: 0.4%ADR: 0.4%
  • Common Stock · 53.4% · $170M
  • ETP · 36.9% · $118M
  • MLP · 8.9% · $28M
  • Other · 0.4% · $1M
  • ADR · 0.4% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PAYSPAYSIGN INCNEW+330.0K330.0K+$4M$4M
FANGDIAMONDBACK ENERGY INCNEW+38.0K38.0K+$4M$4M
SEBSEABOARD CORPNEW+800800+$3M$3M
KOSKOSMOS ENERGY LTDNEW+400.0K400.0K+$3M$3M
NV5 GLOBAL INCNEW+30.0K30.0K+$2M$2M
MCHBHOMESTREET INCNEW+80.0K80.0K+$2M$2M
GDGENERAL DYNAMICS CORPNEW+11.0K11.0K+$2M$2M
NOCNORTHROP GRUMMAN CORPNEW+6.0K6.0K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2019

54 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EPDENTERPRISE PRODS PARTNERS Lhistory →COM6.68%$21M737.6K
2AMZNAMAZON COM INChistory →COM2.97%$9M5.0K
3NOWSERVICENOW INChistory →COM2.58%$8M30.0K
4USACUSA COMPRESSION PARTNERS LPhistory →COMUNIT LTDPAR2.25%$7M403.0K
5MSFTMICROSOFT CORPhistory →COM2.23%$7M53.0K
6TYLTYLER TECHNOLOGIES INChistory →COM2.03%$6M30.0K
7UPLAND SOFTWARE INCCOM2.03%$6M142.0K
8GLUUGLU MOBILE INChistory →COM1.80%$6M798.8K
9FISFIDELITY NATL INFORMATION SVhistory →COM1.54%$5M40.0K
10ZSZSCALER INChistory →COM1.48%$5M61.6K
11AMDADVANCED MICRO DEVICES INChistory →COM1.44%$5M151.0K
12FANGDIAMONDBACK ENERGY INChistory →COM1.30%$4M38.0K
13ADBEADOBE INChistory →COM1.29%$4M14.0K
14SEBSEABOARD CORPhistory →COM1.04%$3M800
15CHARLES RIV LABS INTL INCCOM1.00%$3M22.5K
16ULTAULTA BEAUTY INCCOM0.98%$3M9.0K
17GSGOLDMAN SACHS GROUP INCCOM0.83%$3M13.0K
18CYRXCRYOPORT INCCOM PAR $0.0010.80%$3M140.0K
19KOSKOSMOS ENERGY LTDCOM0.79%$3M400.0K
20LOPEGRAND CANYON ED INCCOM0.77%$2M21.0K
21NV5 GLOBAL INCCOM0.77%$2M30.0K
22DRIDARDEN RESTAURANTS INCCOM0.76%$2M20.0K
23MCHBHOMESTREET INCCOM0.74%$2M80.0K
24FISVFISERV INCCOM0.71%$2M25.0K
25PAYCPAYCOM SOFTWARE INCCOM0.71%$2M10.0K
26VVISA INCCOM CL A0.71%$2M13.0K
27PAYSPAYSIGN INCCOM0.63%$2M150.0K
28GDGENERAL DYNAMICS CORPCOM0.63%$2M11.0K
29NOCNORTHROP GRUMMAN CORPCOM0.61%$2M6.0K
30RAYTHEON COCOM NEW0.60%$2M11.0K
31OKTAOKTA INCCL A0.58%$2M15.0K
32DYAIDYADIC INTL INC DELCOM0.57%$2M290.0K
33BOOTBOOT BARN HLDGS INCCOM0.51%$2M46.0K
34MAMASTERCARD INCCL A0.50%$2M6.0K
35EEFTEURONET WORLDWIDE INCCOM0.47%$2M9.0K
36DBXDROPBOX INCCL A0.47%$2M60.0K
37AVGOBROADCOM INCCOM0.45%$1M5.0K
38LSCCLATTICE SEMICONDUCTOR CORPCOM0.45%$1M98.0K
39BOOMDMC GLOBAL INCCOM0.44%$1M22.0K
40THGHANOVER INS GROUP INCCOM0.43%$1M10.7K
41VBTXVERITEX HLDGS INCCOM0.42%$1M52.0K
42TPBTURNING PT BRANDS INCCOM0.41%$1M27.0K
43ZIXIZIX CORPCOM0.40%$1M142.0K
44FIVNFIVE9 INCCOM0.40%$1M25.0K
45ZYNGA INCCL A0.38%$1M200.0K
46HUYAHUYA INCADS REP SHS A0.38%$1M48.5K
47DASAN ZHONE SOLUTIONS INCCOM0.33%$1M80.0K
48IDNINTELLICHECK INCCOM NEW0.23%$730,000126.1K
49CARDTRONICS PLCSHS CL A0.17%$546,00020.0K
50HEALTH INS INNOVATIONS INCCOM CL A0.17%$544,00021.0K
51CALLON PETE CO DELCOM0.16%$514,00078.0K
52LSAKNET 1 UEPS TECHNOLOGIES INCCOM NEW0.13%$400,000100.0K
53MIMECAST LTDORD SHS0.09%$280,0006.0K
54DPZDOMINOS PIZZA INCCOM0.09%$278,0001.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2023$126M28Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$74M27Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$82M26May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$34M14Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$14M22Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$45M24Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$95M46May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$254M55Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$214M82Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$238M72Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$147M48May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$247M52Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$408M66Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$523M89Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$807M125May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$208M64Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$166M54Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$319M70Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$222M52May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$256M37Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Precept Capital Management, L.P.028-17846

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.