SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Trellus Management Company, LLC

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

Reported Value
$150M
Q4 2021
Positions
51
Filings on Record
19
2019–present window
Filed
Jan 31, 2022
original filing

Summary

Trellus Management Company, LLC reported $150M in U.S.-listed holdings across 51 positions for Q4 2021.

Its largest position, VICR, represents 11.0% of the portfolio.

Compared with Q3 2021, the fund opened 16 new positions and exited 26.

Portfolio Metrics

Turnover
+32.5%
vs prior filed quarter
Top-10 Concentration
+37.5%
share of reported value
Largest Position
+11.0%
Vicor
New / Exited
16 / 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
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: 56.3%ETP: 39.6%Other: 2.2%ADR: 1.8%
  • Common Stock · 56.3% · $85M
  • ETP · 39.6% · $60M
  • Other · 2.2% · $3M
  • ADR · 1.8% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IWMISHARES TRNEW+100.0K100.0K+$22M$22M
SPYSPDR S&P 500 ETF TRNEW+30.0K30.0K+$14M$14M
XBISPDR SER TRNEW+100.0K100.0K+$11M$11M
VIACOMCBS INCNEW+60.0K60.0K+$2M$2M
SNAPSNAP INCNEW+20.0K20.0K+$941,000$941,000
SESEA LTDNEW+4.0K4.0K+$895,000$895,000
TLTISHARES TRNEW+5.7K5.7K+$845,000$845,000
NUGTDIREXION SHS ETF TRNEW+15.0K15.0K+$767,000$767,000

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

Holdings — Q4 2021

44 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VICRVICOR CORPhistory →COM10.98%$17M129.9K
2VERTEX ENERGY INCCOM6.71%$10M2.23M
3AWKAMERICAN WTR WKS CO INC NEWhistory →COM6.48%$10M51.6K
4ASPNASPEN AEROGELS INChistory →COM3.50%$5M105.6K
5EBIX INCCOM NEW2.23%$3M110.0K
6CSTMCONSTELLIUM SEhistory →CL A SHS1.79%$3M150.0K
7PIIMPINJ INChistory →COM1.60%$2M27.2K
8BLACKROCK INCCOM1.58%$2M2.6K
9DISDISNEY WALT COhistory →COM1.36%$2M13.2K
10RMNIRIMINI STR INC DELhistory →COM1.29%$2M324.0K
11TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS1.20%$2M15.0K
12CARPARTS COM INCCOM1.04%$2M140.0K
13ATARA BIOTHERAPEUTICS INCCOM1.00%$1M95.0K
14EIGER BIOPHARMACEUTICALS INCCOM0.99%$1M286.5K
15PARATEK PHARMACEUTICALS INCCOM0.88%$1M295.0K
16WESTPORT FUEL SYSTEMS INCCOM NEW0.82%$1M520.0K
17ALTERYX INCCOM CL A0.81%$1M20.0K
18ADSKAUTODESK INCCOM0.75%$1M4.0K
19DANIMER SCIENTIFIC INCCOM CL A0.66%$999,000117.3K
20AGQPROSHARES TR IIULTRA SILVER NEW0.64%$955,00027.5K
21SNAPSNAP INCCL A0.63%$941,00020.0K
22CODIAK BIOSCIENCES INCCOM0.62%$936,00084.0K
23SESEA LTDSPONSORD ADS0.60%$895,0004.0K
24DDOGDATADOG INCCL A COM0.59%$891,0005.0K
25CANTALOUPE INCCOM0.59%$884,00099.6K
26TLTISHARES TR20 YR TR BD ETF0.56%$845,0005.7K
27PACBPACIFIC BIOSCIENCES CALIF INCOM0.54%$818,00040.0K
28COINCOINBASE GLOBAL INCCOM CL A0.54%$808,0003.2K
29GEGGREAT ELM GROUP INCCOM NEW0.53%$796,000381.0K
30LIVEPERSON INCCOM0.51%$771,00021.6K
31NUGTDIREXION SHS ETF TRDLY GOLD INDX 2X0.51%$767,00015.0K
32SNOWSNOWFLAKE INCCL A0.45%$678,0002.0K
33PLBYPLBY GROUP INCCOM0.45%$677,00025.4K
34UBERUBER TECHNOLOGIES INCCOM0.41%$611,00014.6K
35FIVERR INTL LTDORD SHS0.38%$569,0005.0K
36COUPA SOFTWARE INCCOM0.37%$553,0003.5K
37GTY TECHNOLOGY HOLDINGS INCCOM0.37%$552,00082.4K
38PAGSPAGSEGURO DIGITAL LTDCOM CL A0.35%$524,00020.0K
39ROKUROKU INCCOM CL A0.30%$456,0002.0K
40DMTKQDERMTECH INCCOM0.24%$364,00023.0K
41ALTUS POWER INCCOM CL A0.24%$359,00034.4K
42STKLSUNOPTA INCCOM0.23%$348,00050.0K
43MARATHON OIL CORPCOM0.20%$294,00017.9K
44LAKESHORE ACQUISITION I CORP*W EXP 07/15/2020.02%$29,00037.5K

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 ↗.