SEC 13F Intelligence

Managers / Q3 2021 · view latest →

PRECEPT MANAGEMENT LLC

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

Reported Value
$214M
Q3 2021
Positions
82
Filings on Record
20
2019–present window
Filed
Nov 15, 2021
original filing

Summary

Precept Management LLC reported $214M in U.S.-listed holdings across 82 positions for Q3 2021.

Its largest position, AMD, represents 3.8% of the portfolio.

Compared with Q2 2021, the fund opened 28 new positions and exited 26.

Portfolio Metrics

Turnover
+51.0%
vs prior filed quarter
Top-10 Concentration
+27.1%
share of reported value
Largest Position
+3.8%
Advanced Micro Devices
New / Exited
28 / 26
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: 81.0%ETP: 16.2%REIT: 2.0%Other: 0.5%ADR: 0.3%
  • Common Stock · 81.0% · $174M
  • ETP · 16.2% · $35M
  • REIT · 2.0% · $4M
  • Other · 0.5% · $1M
  • ADR · 0.3% · $652,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+200.0K200.0K+$17M$17M
XLESELECT SECTOR SPDR TRNEW+149.7K149.7K+$8M$8M
IWMISHARES TRNEW+25.0K25.0K+$5M$5M
CALLON PETE CO DELNEW+95.0K95.0K+$5M$5M
COUPA SOFTWARE INCNEW+21.0K21.0K+$5M$5M
NATIONAL STORAGE AFFILIATESNEW+83.0K83.0K+$4M$4M
XOPSPDR SER TRNEW+40.0K40.0K+$4M$4M
BOOTBOOT BARN HLDGS INCNEW+30.0K30.0K+$3M$3M

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

Holdings — Q3 2021

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AMDADVANCED MICRO DEVICES INChistory →COM3.84%$8M80.0K
2GNRCGENERAC HLDGS INChistory →COM3.81%$8M20.0K
3XLESELECT SECTOR SPDR TRhistory →ENERGY3.64%$8M149.7K
4AMZNAMAZON COM INChistory →COM2.93%$6M1.9K
5CHARLES RIV LABS INTL INCCOM2.52%$5M13.1K
6MSFTMICROSOFT CORPhistory →COM2.37%$5M18.0K
7HEIHEICO CORP NEWhistory →COM2.15%$5M35.0K
8JACOBS ENGR GROUP INCCOM2.10%$5M34.0K
9POOLPOOL CORPhistory →COM1.89%$4M9.3K
10XOPSPDR SER TRhistory →S&P OILGAS EXP1.81%$4M40.0K
11NOWSERVICENOW INChistory →COM1.68%$4M5.8K
12TYLTYLER TECHNOLOGIES INChistory →COM1.33%$3M6.2K
13CRMSALESFORCE COM INChistory →COM1.27%$3M10.0K
14LOPEGRAND CANYON ED INChistory →COM1.23%$3M30.0K
15PANWPALO ALTO NETWORKS INChistory →COM1.16%$2M5.2K
16COUPA SOFTWARE INCCOM1.13%$2M11.0K
17WDWALKER & DUNLOP INChistory →COM1.03%$2M19.5K
18BLDRBUILDERS FIRSTSOURCE INCCOM0.87%$2M36.0K
19RILYB. RILEY FINANCIAL INCCOM0.83%$2M30.0K
20TDYTELEDYNE TECHNOLOGIES INCCOM0.80%$2M4.0K
21APPSDIGITAL TURBINE INCCOM NEW0.77%$2M24.0K
22SAHSONIC AUTOMOTIVE INCCL A0.74%$2M30.0K
23FISVFISERV INCCOM0.61%$1M12.0K
24CLWCLEARWATER PAPER CORPCOM0.57%$1M32.0K
25NFLXNETFLIX INCCOM0.57%$1M2.0K
26NATIONAL STORAGE AFFILIATESCOM SHS BEN IN0.57%$1M23.0K
27AGMFEDERAL AGRIC MTG CORPCL C0.56%$1M11.0K
28UPLAND SOFTWARE INCCOM0.54%$1M34.8K
29TNDMTANDEM DIABETES CARE INCCOM NEW0.50%$1M9.0K
30SEAPORT GLOBAL ACQUISITN CORCOM CL A0.49%$1M100.0K
31CYRXCRYOPORT INCCOM PAR $0.0010.47%$998,00015.0K
32BOOTBOOT BARN HLDGS INCCOM0.41%$889,00010.0K
33LAREDO PETROLEUM INCCOM0.38%$811,00010.0K
34FIVNFIVE9 INCCOM0.37%$799,0005.0K
35BTUPEABODY ENGR CORPCOM0.35%$740,00050.0K
36VERSO CORPCL A0.32%$695,00033.5K
37SNOWSNOWFLAKE INCCL A0.32%$680,0002.3K
38DDIDOUBLEDOWN INTERACTIVE CO LTADS0.30%$652,00037.0K
39QCOMQUALCOMM INCCOM0.30%$645,0005.0K
40DPZDOMINOS PIZZA INCCOM0.29%$620,0001.3K
41FTS INTERNATIONAL INCCOM NEW CL A0.26%$558,00022.7K
42CUE BIOPHARMA INCCOM0.24%$510,00035.0K
43COINCOINBASE GLOBAL INCCOM CL A0.23%$494,0002.2K
44COSTCOSTCO WHSL CORP NEWCOM0.21%$449,0001.0K
45INTTINTEST CORPCOM0.16%$344,00030.0K
46INSEINSPIRED ENTMT INCCOM0.11%$234,00020.0K
47ANAPLAN INCCOM0.03%$61,0001.0K

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 ↗.