SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Trellus Management Company, LLC

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

Reported Value
$121M
Q4 2020
Positions
52
Filings on Record
19
2019–present window
Filed
Feb 10, 2021
original filing

Summary

Trellus Management Company, LLC reported $121M in U.S.-listed holdings across 52 positions for Q4 2020.

Its largest position, VICR, represents 9.9% of the portfolio.

Compared with Q3 2020, the fund opened 18 new positions and exited 25.

Portfolio Metrics

Turnover
+34.4%
vs prior filed quarter
Top-10 Concentration
+37.8%
share of reported value
Largest Position
+9.9%
Vicor
New / Exited
18 / 25
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: 57.8%ETP: 28.9%Other: 6.5%ADR: 4.0%REIT: 2.9%
  • Common Stock · 57.8% · $70M
  • ETP · 28.9% · $35M
  • Other · 6.5% · $8M
  • ADR · 4.0% · $5M
  • REIT · 2.9% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MDYSPDR S&P MIDCAP 400 ETF TRNEW+70.0K70.0K+$29M$29M
BIOHAVEN PHARMACTL HLDG CO LNEW+29.6K29.6K+$3M$3M
INSU ACQUISITION CORP IINEW+115.5K115.5K+$2M$2M
LRNSTRIDE INCNEW+80.0K80.0K+$2M$2M
FDXFEDEX CORPNEW+4.9K4.9K+$1M$1M
ASPNASPEN AEROGELS INCNEW+73.5K73.5K+$1M$1M
PRGPROG HOLDINGS INCNEW+19.3K19.3K+$1M$1M
CRTOCRITEO S ANEW+47.0K47.0K+$964,000$964,000

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 (from 47 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VICRVICOR CORPhistory →COM9.89%$12M129.9K
2AWKAMERICAN WTR WKS CO INC NEWhistory →COM6.53%$8M51.6K
3QUIDEL CORPCOM5.90%$7M39.8K
4AMTAMERICAN TOWER CORP NEWhistory →COM2.78%$3M15.0K
5EBIX INCCOM NEW2.47%$3M79.0K
6BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS2.40%$3M12.5K
7EIGER BIOPHARMACEUTICALS INCCOM2.09%$3M206.4K
8FIREEYE INCCOM2.00%$2M105.1K
9DISDISNEY WALT COhistory →COM1.97%$2M13.2K
10PARATEK PHARMACEUTICALS INCCOM1.76%$2M340.0K
11CSTMCONSTELLIUM SEhistory →CL A SHS1.73%$2M150.0K
12INSU ACQUISITION CORP IICOM CL A1.48%$2M115.5K
13WESTPORT FUEL SYSTEMS INCCOM NEW1.45%$2M329.3K
14CARPARTS COM INCCOM1.43%$2M140.0K
15PIIMPINJ INChistory →COM1.37%$2M39.6K
16AGQPROSHARES TR IIULTRA SILVER NEW · ULTRA GOLD1.27%$2M28.2K
17BLACKROCK INCCOM1.19%$1M2.0K
18WIFIBOINGO WIRELESS INChistory →COM1.18%$1M112.8K
19JPMJPMORGAN CHASE & COhistory →COM1.15%$1M11.0K
20LIVEPERSON INCCOM1.11%$1M21.6K
21SOLENO THERAPEUTICS INCCOM NEW1.06%$1M662.6K
22FDXFEDEX CORPhistory →COM1.05%$1M4.9K
23ASPNASPEN AEROGELS INChistory →COM1.01%$1M73.5K
24ADSKAUTODESK INChistory →COM1.01%$1M4.0K
25PRGXPRGX GLOBAL INCCOM NEW0.86%$1M136.8K
26PRGPROG HOLDINGS INCCOM NPV0.86%$1M19.3K
27CRTOCRITEO S ASPONS ADS0.80%$964,00047.0K
28BIDUBAIDU INCSPON ADR REP A0.76%$927,0004.3K
29USA TECHNOLOGIES INCCOM0.74%$897,00085.6K
30ALTERYX INCCOM CL A0.73%$889,0007.3K
31RMNIRIMINI STR INC DELCOM0.73%$887,000200.2K
32SOC TELEMED INCCOM CL A0.71%$866,000110.4K
33DRAFTKINGS INCCOM CL A0.71%$866,00018.6K
34DMTKQDERMTECH INCCOM0.71%$860,00026.5K
35BIOHAVEN PHARMACTL HLDG CO LCOM0.68%$823,0009.6K
36STMPSTAMPS COM INCCOM NEW0.61%$742,0003.8K
37ATLASSIAN CORP PLCCL A0.58%$702,0003.0K
38CLDRCLOUDERA INCCOM0.46%$556,00040.0K
39VERTEX ENERGY INCCOM0.44%$532,000748.1K
40DDOGDATADOG INCCL A COM0.41%$492,0005.0K
41UBERUBER TECHNOLOGIES INCCOM0.40%$488,0009.6K
42SPYSPDR S&P 500 ETF TRTR UNIT0.40%$486,0001.3K
43ATARA BIOTHERAPEUTICS INCCOM0.35%$430,00021.9K
44DARDARLING INGREDIENTS INCCOM0.21%$260,0004.5K
45ACCELERATE DIAGNOSTICS INCCOM0.21%$249,00032.8K
46CATCHMARK TIMBER TR INCCL A0.08%$103,00011.0K

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 ↗.