SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Trellus Management Company, LLC

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

Reported Value
$172M
Q1 2022
Positions
55
Filings on Record
19
2019–present window
Filed
Apr 21, 2022
original filing

Summary

Trellus Management Company, LLC reported $172M in U.S.-listed holdings across 55 positions for Q1 2022.

Its largest position, Vertex Energy, represents 12.3% of the portfolio.

Compared with Q4 2021, the fund opened 16 new positions and exited 13.

Portfolio Metrics

Turnover
+48.7%
vs prior filed quarter
Top-10 Concentration
+32.4%
share of reported value
Largest Position
+12.3%
Vertex Energy
New / Exited
16 / 13
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
ETP: 48.7%Common Stock: 48.4%Other: 2.0%ADR: 0.9%
  • ETP · 48.7% · $84M
  • Common Stock · 48.4% · $83M
  • Other · 2.0% · $3M
  • ADR · 0.9% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FDXFEDEX CORPNEW+40.0K40.0K+$9M$9M
PROSHARES TRNEW+127.1K127.1K+$2M$2M
OPKOPKO HEALTH INCNEW+422.9K422.9K+$1M$1M
PROSHARES TR IINEW+70.2K70.2K+$945,000$945,000
OKTAOKTA INCNEW+5.0K5.0K+$755,000$755,000
MARAMARATHON DIGITAL HOLDINGS INNEW+25.0K25.0K+$699,000$699,000
TWLOTWILIO INCNEW+4.0K4.0K+$659,000$659,000
APPSDIGITAL TURBINE INCNEW+15.0K15.0K+$657,000$657,000

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

Holdings — Q1 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VERTEX ENERGY INCCOM12.30%$21M2.13M
2VICRVICOR CORPhistory →COM5.34%$9M129.9K
3AWKAMERICAN WTR WKS CO INC NEWhistory →COM3.95%$7M41.0K
4EBIX INCCOM NEW2.12%$4M110.0K
5ASPNASPEN AEROGELS INChistory →COM2.12%$4M105.6K
6TLTISHARES TRhistory →20 YR TR BD ETF1.95%$3M25.3K
7EIGER BIOPHARMACEUTICALS INCCOM1.45%$2M300.0K
8RMNIRIMINI STR INC DELhistory →COM1.09%$2M324.0K
9DISDISNEY WALT COhistory →COM1.05%$2M13.2K
10PIIMPINJ INChistory →COM1.00%$2M27.2K
11PROSHARES TRULTRAPRO SHORT S0.99%$2M127.1K
12CSTMCONSTELLIUM SECL A SHS0.89%$2M85.2K
13OPKOPKO HEALTH INCCOM0.85%$1M422.9K
14ALTERYX INCCOM CL A0.83%$1M20.0K
15TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.61%$1M10.0K
16WESTPORT FUEL SYSTEMS INCCOM NEW0.58%$995,000630.0K
17PROSHARES TR IIULTRA VIX SHORT0.55%$945,00070.2K
18CARPARTS COM INCCOM0.55%$938,000140.0K
19ATARA BIOTHERAPEUTICS INCCOM0.51%$883,00095.0K
20PARATEK PHARMACEUTICALS INCCOM0.51%$876,000295.0K
21ADSKAUTODESK INCCOM0.50%$857,0004.0K
22DDOGDATADOG INCCL A COM0.44%$757,0005.0K
23OKTAOKTA INCCL A0.44%$755,0005.0K
24MARAMARATHON DIGITAL HOLDINGS INCOM0.41%$699,00025.0K
25GEGGREAT ELM GROUP INCCOM NEW0.40%$690,000381.0K
26TWLOTWILIO INCCL A0.38%$659,0004.0K
27APPSDIGITAL TURBINE INCCOM NEW0.38%$657,00015.0K
28PLBYPLBY GROUP INCCOM0.38%$655,00050.0K
29COINCOINBASE GLOBAL INCCOM CL A0.35%$608,0003.2K
30LIVEPERSON INCCOM0.31%$527,00021.6K
31CODIAK BIOSCIENCES INCCOM0.31%$527,00084.0K
32UBERUBER TECHNOLOGIES INCCOM0.30%$520,00014.6K
33SESEA LTDSPONSORD ADS0.28%$479,0004.0K
34ENVXENOVIX CORPORATIONCOM0.24%$404,00028.3K
35PAGSPAGSEGURO DIGITAL LTDCOM CL A0.23%$401,00020.0K
36NFLXNETFLIX INCCOM0.22%$375,0001.0K
37PACBPACIFIC BIOSCIENCES CALIF INCOM0.21%$364,00040.0K
38COUPA SOFTWARE INCCOM0.21%$356,0003.5K
39DANIMER SCIENTIFIC INCCOM CL A0.20%$336,00057.3K
40SNOWSNOWFLAKE INCCL A0.18%$305,0001.3K
41STKLSUNOPTA INCCOM0.18%$301,00060.0K
42CANTALOUPE INCCOM0.17%$297,00043.8K
43PERFORMANT FINL CORPCOM0.15%$266,00085.5K
44ROKUROKU INCCOM CL A0.15%$251,0002.0K
45RBLXROBLOX CORPCL A0.13%$231,0005.0K
46GORES GUGGENHEIM INCCLASS A COM0.13%$222,00019.5K
47CPSCOOPER STD HLDGS INCCOM0.13%$219,00025.0K
48GTY TECHNOLOGY HOLDINGS INCCOM0.10%$174,00053.8K
49SEMA4 HOLDINGS CORPCOM CL A0.08%$143,00046.5K
50LAKESHORE ACQUISITION I CORP*W EXP 07/15/2020.01%$13,00037.5K

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 ↗.