SEC 13F Intelligence

Managers / Q1 2020 · view latest →

Trellus Management Company, LLC

CIK 0001307877 · 1615 S. CONGRESS AVE, SUITE 103, DELRAY BEACH, FL, 33445 · 646-561-2622

Reported Value
$56M
Q1 2020
Positions
65
Filings on Record
19
2019–present window
Filed
May 6, 2020
original filing

Summary

Trellus Management Company, LLC reported $56M in U.S.-listed holdings across 65 positions for Q1 2020.

Its largest position, AWK, represents 11.1% of the portfolio.

Compared with Q4 2019, the fund opened 32 new positions and exited 27.

Portfolio Metrics

Turnover
+31.2%
vs prior filed quarter
Top-10 Concentration
+49.9%
share of reported value
Largest Position
+11.1%
American Wtr Wks
New / Exited
32 / 27
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
Q1 ’19: $53MQ1 ’19Q2 ’19: $74MQ3 ’19: $100MQ4 ’19: $60MQ4 ’19Q1 ’20: $56MQ2 ’20: $92MQ3 ’20: $98MQ3 ’20Q4 ’20: $121MQ1 ’21: $193MQ2 ’21: $145MQ2 ’21Q3 ’21: $137MQ4 ’21: $150MQ1 ’22: $172MQ1 ’22Q2 ’22: $82MQ3 ’22: $82MQ4 ’22: $79MQ4 ’22Q1 ’23: $85MQ2 ’23: $81MQ3 ’23: $73MQ3 ’23filingsflow.com

Portfolio Composition

By security type
Common Stock: 84.5%REIT: 5.9%ADR: 5.6%Other: 3.2%ETP: 0.8%
  • Common Stock · 84.5% · $47M
  • REIT · 5.9% · $3M
  • ADR · 5.6% · $3M
  • Other · 3.2% · $2M
  • ETP · 0.8% · $452,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ITWILLINOIS TOOL WKS INCNEW+9.3K9.3K+$1M$1M
ICEINTERCONTINENTAL EXCHANGE INNEW+15.0K15.0K+$1M$1M
WABWABTECNEW+20.0K20.0K+$963,000$963,000
AKAMAKAMAI TECHNOLOGIES INCNEW+10.0K10.0K+$915,000$915,000
CICIGNA CORP NEWNEW+5.0K5.0K+$886,000$886,000
STESTERIS PLCNEW+6.2K6.2K+$869,000$869,000
FLIRFLIR SYS INCNEW+25.0K25.0K+$797,000$797,000
DYDYCOM INDS INCNEW+30.0K30.0K+$770,000$770,000

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

Holdings — Q1 2020

65 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AWKAMERICAN WTR WKS CO INC NEWhistory →COM11.07%$6M51.6K
2VICRVICOR CORPhistory →COM10.38%$6M129.9K
3AMTAMERICAN TOWER CORP NEWhistory →COM5.86%$3M15.0K
4APPSDIGITAL TURBINE INChistory →COM NEW4.47%$2M577.7K
5BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS4.36%$2M12.5K
6DARDARLING INGREDIENTS INChistory →COM3.61%$2M105.0K
7QUIDEL CORPCOM3.51%$2M20.0K
8ITWILLINOIS TOOL WKS INChistory →COM2.37%$1M9.3K
9ICEINTERCONTINENTAL EXCHANGE INhistory →COM2.17%$1M15.0K
10FSLRFIRST SOLAR INChistory →COM2.13%$1M32.9K
11EBIX INCCOM NEW2.04%$1M75.0K
12FIREEYE INCCOM1.99%$1M105.1K
13SOLENO THERAPEUTICS INCCOM NEW1.90%$1M446.2K
14EIGER BIOPHARMACEUTICALS INCCOM1.90%$1M155.8K
15JPMJPMORGAN CHASE & COhistory →COM1.78%$990,00011.0K
16WABWABTEChistory →COM1.73%$963,00020.0K
17ATARA BIOTHERAPEUTICS INCCOM1.68%$936,000110.0K
18AKAMAKAMAI TECHNOLOGIES INChistory →COM1.64%$915,00010.0K
19CICIGNA CORP NEWhistory →COM1.59%$886,0005.0K
20BLACKROCK INCCOM1.58%$880,0002.0K
21STESTERIS PLChistory →SHS USD1.56%$869,0006.2K
22BIOHAVEN PHARMACTL HLDG CO LCOM1.53%$851,00025.0K
23PRGXPRGX GLOBAL INChistory →COM NEW1.50%$838,000299.4K
24FLIRFLIR SYS INChistory →COM1.43%$797,00025.0K
25WIFIBOINGO WIRELESS INChistory →COM1.40%$781,00073.6K
26DYDYCOM INDS INChistory →COM1.38%$770,00030.0K
27PARATEK PHARMACEUTICALS INCCOM1.29%$717,000227.7K
28BIDUBAIDU INChistory →SPON ADR REP A1.25%$695,0006.9K
29RRYDER SYS INChistory →COM1.19%$661,00025.0K
30ADSKAUTODESK INChistory →COM1.12%$624,0004.0K
31SEDGSOLAREDGE TECHNOLOGIES INChistory →COM1.10%$614,0007.5K
32CMPCOMPASS MINERALS INTL INChistory →COM1.03%$577,00015.0K
33LIVEPERSON INCCOM1.02%$569,00025.0K
34TSLATESLA INCCOM0.94%$524,0001.0K
35VERTEX ENERGY INCCOM0.87%$485,000807.9K
36PIIMPINJ INCCOM0.79%$443,00026.5K
37MUMICRON TECHNOLOGY INCCOM0.76%$421,00010.0K
38COUPA SOFTWARE INCCOM0.75%$419,0003.0K
39SHOPSHOPIFY INCCL A0.75%$417,0001.0K
40WDCWESTERN DIGITAL CORP.COM0.75%$416,00010.0K
41ALTERYX INCCOM CL A0.68%$381,0004.0K
42WESTPORT FUEL SYSTEMS INCCOM NEW0.66%$367,000390.0K
43CSTMCONSTELLIUM SECL A SHS0.65%$365,00070.0K
44LGNDLIGAND PHARMACEUTICALS INCCOM NEW0.65%$364,0005.0K
45AARONS INCCOM PAR $0.500.61%$342,00015.0K
46COPCONOCOPHILLIPSCOM0.55%$308,00010.0K
47DISHDISH NETWORK CORPORATIONCL A0.54%$300,00015.0K
48MHKMOHAWK INDS INCCOM0.53%$297,0003.9K
49DIREXION SHS ETF TRDLY GOLD INDX 3X0.53%$293,00043.1K
50ASGN INCCOM0.49%$275,0007.8K
51UBERUBER TECHNOLOGIES INCCOM0.48%$267,0009.6K
52HILLENBRAND INCCOM0.46%$258,00013.5K
53AGENUS INCCOM NEW0.44%$245,000100.0K
54RNGRINGCENTRAL INCCL A0.38%$212,0001.0K
55ACCELERATE DIAGNOSTICS INCCOM0.34%$187,00022.5K
56MOTUS GI HLDGS INCCOM0.31%$175,000260.0K
57OXYOCCIDENTAL PETE CORPCOM0.31%$174,00015.0K
58AMARIN CORP PLCSPONS ADR NEW0.29%$160,00040.1K
59PROSHARES TR IIULTA BLMBG 20170.29%$159,000100.0K
60GWRSGLOBAL WTR RES INCCOM0.20%$110,00010.8K
61WNCWABASH NATL CORPCOM0.16%$89,00012.3K
62RUMBLEON INCCOM CL B0.13%$75,000358.5K
63UNITED STATES OIL FUND LPUNITS0.08%$42,00010.0K
64VERMILLION INCCOM NEW0.05%$28,00033.3K
65GSMFERROGLOBE PLCSHS0.03%$15,00033.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2023$73M55Oct 24, 202313F-HRchanges · EDGAR ↗
Q2 2023$81M57Jul 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$85M50Apr 20, 202313F-HRchanges · EDGAR ↗
Q4 2022$79M56Jan 27, 202313F-HRchanges · EDGAR ↗
Q3 2022$82M54Oct 25, 202213F-HRchanges · EDGAR ↗
Q2 2022$82M54Jul 13, 202213F-HRchanges · EDGAR ↗
Q1 2022$172M55Apr 21, 202213F-HRchanges · EDGAR ↗
Q4 2021$150M51Jan 31, 202213F-HRchanges · EDGAR ↗
Q3 2021$137M63Oct 26, 202113F-HRchanges · EDGAR ↗
Q2 2021$145M64Jul 30, 202113F-HRchanges · EDGAR ↗
Q1 2021$193M63May 3, 202113F-HRchanges · EDGAR ↗
Q4 2020$121M52Feb 10, 202113F-HRchanges · EDGAR ↗
Q3 2020$98M58Oct 20, 202013F-HRchanges · EDGAR ↗
Q2 2020$92M54Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$56M65May 6, 202013F-HRchanges · EDGAR ↗
Q4 2019$60M61Feb 20, 202013F-HRchanges · EDGAR ↗
Q3 2019$100M67Nov 1, 201913F-HRchanges · EDGAR ↗
Q2 2019$74M65Jul 31, 201913F-HRchanges · EDGAR ↗
Q1 2019$53M55Apr 23, 201913F-HRchanges · EDGAR ↗

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 ↗.