SEC 13F Intelligence

Managers / Q4 2020 · view latest →

PRECEPT MANAGEMENT LLC

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

Reported Value
$247M
Q4 2020
Positions
52
Filings on Record
20
2019–present window
Filed
Feb 16, 2021
original filing

Summary

Precept Management LLC reported $247M in U.S.-listed holdings across 52 positions for Q4 2020.

Its largest position, Charles Riv Labs Intl, represents 9.1% of the portfolio.

Compared with Q3 2020, the fund opened 15 new positions and exited 19.

Portfolio Metrics

Turnover
+21.4%
vs prior filed quarter
Top-10 Concentration
+54.5%
share of reported value
Largest Position
+9.1%
Charles Riv Labs Intl
New / Exited
15 / 19
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: 92.1%MLP: 5.9%Other: 1.3%ETP: 0.7%
  • Common Stock · 92.1% · $227M
  • MLP · 5.9% · $14M
  • Other · 1.3% · $3M
  • ETP · 0.7% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PYPLPAYPAL HLDGS INCNEW+10.0K10.0K+$2M$2M
JACOBS ENGR GROUP INCNEW+18.0K18.0K+$2M$2M
KRESPDR SER TRNEW+34.0K34.0K+$2M$2M
PANWPALO ALTO NETWORKS INCNEW+4.6K4.6K+$2M$2M
UCTTULTRA CLEAN HLDGS INCNEW+45.0K45.0K+$1M$1M
APPSDIGITAL TURBINE INCNEW+24.0K24.0K+$1M$1M
INFINERA CORPNEW+119.0K119.0K+$1M$1M
CRWDCROWDSTRIKE HLDGS INCNEW+5.5K5.5K+$1M$1M

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

Holdings — Q4 2020

46 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CHARLES RIV LABS INTL INCCOM9.11%$22M90.0K
2NOWSERVICENOW INChistory →COM8.34%$21M37.4K
3AMZNAMAZON COM INChistory →COM6.60%$16M5.0K
4EPDENTERPRISE PRODS PARTNERS Lhistory →COM5.86%$14M737.6K
5CRMSALESFORCE COM INChistory →COM5.50%$14M61.0K
6TYLTYLER TECHNOLOGIES INChistory →COM5.31%$13M30.0K
7UPLAND SOFTWARE INCCOM4.01%$10M215.5K
8AMDADVANCED MICRO DEVICES INChistory →COM3.72%$9M100.0K
9FIVNFIVE9 INChistory →COM3.53%$9M50.0K
10HEIHEICO CORP NEWhistory →COM2.50%$6M46.5K
11GLUUGLU MOBILE INChistory →COM2.04%$5M559.2K
12MSFTMICROSOFT CORPhistory →COM1.62%$4M18.0K
13WDWALKER & DUNLOP INChistory →COM1.45%$4M39.0K
14LGIHLGI HOMES INChistory →COM1.33%$3M30.9K
15FISVFISERV INChistory →COM1.15%$3M25.0K
16LOPEGRAND CANYON ED INChistory →COM1.13%$3M30.0K
17GNRCGENERAC HLDGS INChistory →COM1.11%$3M12.0K
18PYPLPAYPAL HLDGS INCCOM0.95%$2M10.0K
19STMPSTAMPS COM INCCOM NEW0.87%$2M11.0K
20TFF PHARMACEUTICALS INCCOM0.87%$2M150.0K
21JACOBS ENGR GROUP INCCOM0.79%$2M18.0K
22APTOSE BIOSCIENCES INCCOM NEW0.78%$2M440.7K
23CUE BIOPHARMA INCCOM0.76%$2M150.0K
24KRESPDR SER TRS&P REGL BKG0.72%$2M34.0K
25PANWPALO ALTO NETWORKS INCCOM0.66%$2M4.6K
26UCTTULTRA CLEAN HLDGS INCCOM0.57%$1M45.0K
27APPSDIGITAL TURBINE INCCOM NEW0.55%$1M24.0K
28CYRXCRYOPORT INCCOM PAR $0.0010.54%$1M30.5K
29INFINERA CORPCOM0.51%$1M119.0K
30CRWDCROWDSTRIKE HLDGS INCCL A0.47%$1M5.5K
31TLSTELOS CORP MDCOM0.47%$1M35.0K
32FTHMFATHOM HOLDINGS INCCOM0.44%$1M30.0K
33NFLXNETFLIX INCCOM0.44%$1M2.0K
34SEAPORT GLOBAL ACQUISITN CORUNIT 99/99/99990.42%$1M100.0K
35LHC GROUP INCCOM0.41%$1M4.7K
36RILYB. RILEY FINANCIAL INCCOM0.36%$884,00020.0K
37PFSIPENNYMAC FINL SVCS INC NEWCOM0.29%$722,00011.0K
38CHEMBIO DIAGNOSTICS INCCOM NEW0.29%$713,000150.0K
39PLUGPLUG POWER INCCOM NEW0.29%$712,00021.0K
40SWBISMITH & WESSON BRANDS INCCOM0.29%$710,00040.0K
41QRHCQUEST RESOURCE HLDG CORPCOM NEW0.16%$398,000173.9K
42COHUCOHU INCCOM0.15%$382,00010.0K
43PURPLE INNOVATION INCCOM0.13%$329,00010.0K
44HEALTHCARE SERVICES ACQU CORUNIT 11/18/20230.10%$256,00025.0K
45AKTSQAKOUSTIS TECHNOLOGIES INCCOM0.10%$245,00020.0K
46GMEGAMESTOP CORP NEWCL A0.01%$19,0001.0K

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 ↗.