Managers / Q3 2022 · view latest →
PRECEPT MANAGEMENT LLC
CIK 0001135631 · 200 CRESCENT COURT, SUITE 1450, DALLAS, TX, 75201 · 214-880-7444
Summary
Precept Management LLC reported $14M in U.S.-listed holdings across 22 positions for Q3 2022.
The portfolio is heavily concentrated: AMZN alone accounts for 25.9% of reported value.
Compared with Q2 2022, the fund opened 13 new positions and exited 14.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 84.9% · $12M
- REIT · 8.5% · $1M
- Other · 5.3% · $737,000
- ETP · 1.3% · $183,000
Quarter-over-Quarter Changes full breakdown →
vs Q2 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SYNCHRONOSS TECHNOLOGIES INC | NEW | +35.0K | 35.0K | +$769,000 | $769,000 |
| WTTRSELECT ENERGY SVCS INC | NEW | +55.0K | 55.0K | +$383,000 | $383,000 |
| ALTISOURCE PORTFOLIO SOLNS S | NEW | +22.0K | 22.0K | +$288,000 | $288,000 |
| WTIW & T OFFSHORE INC | NEW | +47.5K | 47.5K | +$278,000 | $278,000 |
| THE BEAUTY HEALTH COMPANY | NEW | +150.0K | 150.0K | +$180,000 | $180,000 |
| IWMISHARES TR | NEW | +500.0K | 500.0K | +$170,000 | $170,000 |
| VETVERMILION ENERGY INC | NEW | +80.0K | 80.0K | +$168,000 | $168,000 |
| IN8BIO INC | NEW | +50.0K | 50.0K | +$101,000 | $101,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | AMZNAMAZON COM INChistory → | COM | 25.86% | $4M | 32.0K |
| 2 | MSFTMICROSOFT CORPhistory → | COM | 15.66% | $2M | 9.4K |
| 3 | AEAEALTENERGY ACQUISITION CORPhistory → | COM CL A | 10.76% | $2M | 150.0K |
| 4 | AMDADVANCED MICRO DEVICES INChistory → | COM | 9.06% | $1M | 20.0K |
| 5 | NXDTNEXPOINT DIVERSIFIED REL EThistory → | COM NEW | 8.48% | $1M | 94.5K |
| 6 | WDWALKER & DUNLOP INChistory → | COM | 6.11% | $854,000 | 10.2K |
| 7 | SYNCHRONOSS TECHNOLOGIES INC | COM | 5.50% | $769,000 | 35.0K |
| 8 | BERRY CORP | COM | 3.08% | $431,000 | 57.5K |
| 9 | WTTRSELECT ENERGY SVCS INChistory → | CL A COM | 2.74% | $383,000 | 55.0K |
| 10 | KEYARCH ACQUISITION CORP | ORD SHS CL A | 2.50% | $349,000 | 35.0K |
| 11 | ALTISOURCE PORTFOLIO SOLNS S | REG SHS | 2.06% | $288,000 | 22.0K |
| 12 | WTIW & T OFFSHORE INChistory → | COM | 1.99% | $278,000 | 47.5K |
| 13 | IN8BIO INC | COM | 0.72% | $101,000 | 50.0K |
| 14 | ROC ENERGY ACQUISITION CORP | COMMON STOCK | 0.72% | $100,000 | 10.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2023 | $126M | 28 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $74M | 27 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $82M | 26 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $34M | 14 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $14M | 22 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $45M | 24 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $95M | 46 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $254M | 55 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $214M | 82 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $238M | 72 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $147M | 48 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $247M | 52 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $408M | 66 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $523M | 89 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $807M | 125 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $208M | 64 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $166M | 54 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $319M | 70 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $222M | 52 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $256M | 37 | Feb 14, 2019 | 13F-HR | changes · 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 ↗.