SEC 13F Intelligence

Managers / Q2 2020 · view latest →

Trellus Management Company, LLC

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

Reported Value
$92M
Q2 2020
Positions
54
Filings on Record
20
2019–present window
Filed
Aug 12, 2020
original filing

Summary

Trellus Management Company, LLC reported $92M in U.S.-listed holdings across 54 positions for Q2 2020.

Its largest position, VICR, represents 10.1% of the portfolio.

Compared with Q1 2020, the fund opened 21 new positions and exited 33.

Portfolio Metrics

Turnover
+25.7%
vs prior filed quarter
Top-10 Concentration
+54.5%
share of reported value
Largest Position
+10.1%
Vicor
New / Exited
21 / 33
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: $44MQ4 ’18Q1 ’19: $53MQ2 ’19: $74MQ3 ’19: $100MQ3 ’19Q4 ’19: $60MQ1 ’20: $56MQ2 ’20: $92MQ2 ’20Q3 ’20: $98MQ4 ’20: $121MQ1 ’21: $193MQ1 ’21Q2 ’21: $145MQ3 ’21: $137MQ4 ’21: $150MQ4 ’21Q1 ’22: $172MQ2 ’22: $82MQ3 ’22: $82MQ3 ’22Q4 ’22: $79MQ1 ’23: $85MQ2 ’23: $81MQ2 ’23Q3 ’23: $73Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 76.2%ETP: 11.0%ADR: 5.3%REIT: 4.2%Other: 3.3%
  • Common Stock · 76.2% · $70M
  • ETP · 11.0% · $10M
  • ADR · 5.3% · $5M
  • REIT · 4.2% · $4M
  • Other · 3.3% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
OPKOPKO HEALTH INCNEW+2.55M2.55M+$9M$9M
GLDSPDR GOLD TRNEW+30.0K30.0K+$5M$5M
SPYSPDR S&P 500 ETF TRNEW+10.0K10.0K+$3M$3M
DISDISNEY WALT CONEW+15.0K15.0K+$2M$2M
TBTPROSHARES TRNEW+95.0K95.0K+$2M$2M
SONOSONOS INCNEW+83.9K83.9K+$1M$1M
BCRXBIOCRYST PHARMACEUTICALS INCNEW+160.0K160.0K+$762,000$762,000
CTSHCOGNIZANT TECHNOLOGY SOLUTIONEW+10.0K10.0K+$568,000$568,000

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

Holdings — Q2 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VICRVICOR CORPhistory →COM10.12%$9M129.9K
2OPKOPKO HEALTH INChistory →COM9.42%$9M2.55M
3APPSDIGITAL TURBINE INChistory →COM NEW7.77%$7M570.7K
4AWKAMERICAN WTR WKS CO INC NEWhistory →COM7.19%$7M51.6K
5QUIDEL CORPCOM6.48%$6M26.7K
6AMTAMERICAN TOWER CORP NEWhistory →COM4.20%$4M15.0K
7BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS2.92%$3M12.5K
8ATARA BIOTHERAPEUTICS INCCOM2.37%$2M150.0K
9TBTPROSHARES TRPSHS ULTSH 20YRS · ULTRAPRO SHORT S2.23%$2M141.2K
10EIGER BIOPHARMACEUTICALS INCCOM1.86%$2M178.8K
11EBIX INCCOM NEW1.82%$2M75.0K
12DISDISNEY WALT COhistory →COM DISNEY1.81%$2M15.0K
13PARATEK PHARMACEUTICALS INCCOM1.70%$2M300.0K
14PRGXPRGX GLOBAL INChistory →COM NEW1.63%$2M320.0K
15FIREEYE INCCOM1.39%$1M105.1K
16SONOSONOS INChistory →COM1.33%$1M83.9K
17BIDUBAIDU INChistory →SPON ADR REP A1.32%$1M10.2K
18AGENUS INCCOM NEW1.32%$1M310.0K
19BLACKROCK INCCOM1.18%$1M2.0K
20CSTMCONSTELLIUM SEhistory →CL A SHS1.16%$1M140.0K
21LIVEPERSON INCCOM1.12%$1M25.0K
22JPMJPMORGAN CHASE & COhistory →COM1.12%$1M11.0K
23ADSKAUTODESK INChistory →COM1.04%$957,0004.0K
24PIIMPINJ INChistory →COM1.03%$951,00034.6K
25SOLENO THERAPEUTICS INCCOM NEW0.88%$813,000366.4K
26BCRXBIOCRYST PHARMACEUTICALS INCCOM0.83%$762,000160.0K
27ACCELERATE DIAGNOSTICS INCCOM0.82%$758,00050.0K
28ICEINTERCONTINENTAL EXCHANGE INCOM0.74%$687,0007.5K
29ALTERYX INCCOM CL A0.71%$657,0004.0K
30VERTEX ENERGY INCCOM0.62%$574,000804.9K
31CTSHCOGNIZANT TECHNOLOGY SOLUTIOCL A0.62%$568,00010.0K
32LGNDLIGAND PHARMACEUTICALS INCCOM NEW0.61%$559,0005.0K
33GRFSGRIFOLS S ASP ADR REP B NVT0.59%$547,00030.0K
34ATLASSIAN CORP PLCCL A0.59%$541,0003.0K
35NUGTDIREXION SHS ETF TRDLY GOLD INDX 2X0.56%$517,0006.6K
36EHTHEHEALTH INCCOM0.53%$491,0005.0K
37WESTPORT FUEL SYSTEMS INCCOM NEW0.52%$484,000390.0K
38HDBHDFC BANK LTDSPONSORED ADS0.49%$455,00010.0K
39PAGSPAGSEGURO DIGITAL LTDCOM CL A0.42%$389,00011.0K
40MOTUS GI HLDGS INCCOM0.37%$343,000260.0K
41UBERUBER TECHNOLOGIES INCCOM0.32%$297,0009.6K
42DRAFTKINGS INCCOM CL A0.31%$286,0008.6K
43AMARIN CORP PLCSPONS ADR NEW0.30%$277,00040.1K
44ROKUROKU INCCOM CL A0.27%$245,0002.1K
45KNKNOWLES CORPCOM0.18%$164,00010.8K
46HL ACQUISITIONS CORPSHS0.13%$122,00010.0K
47GWRSGLOBAL WTR RES INCCOM0.12%$114,00010.8K
48MOBLMOBILEIRON INCCOM NEW0.10%$91,00018.5K
49GSMFERROGLOBE PLCSHS0.02%$16,00033.0K
50THERAPEUTICSMD INCCOM0.01%$13,00010.0K

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 ↗
Q4 2018$44M48Feb 4, 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 ↗.