SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Trellus Management Company, LLC

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

Reported Value
$82M
Q2 2022
Positions
54
Filings on Record
20
2019–present window
Filed
Jul 13, 2022
original filing

Summary

Trellus Management Company, LLC reported $82M in U.S.-listed holdings across 54 positions for Q2 2022.

The portfolio is heavily concentrated: Vertex Energy alone accounts for 27.2% of reported value.

Compared with Q1 2022, the fund opened 13 new positions and exited 13.

Portfolio Metrics

Turnover
+8.3%
vs prior filed quarter
Top-10 Concentration
+62.5%
share of reported value
Largest Position
+27.2%
Vertex Energy
New / Exited
13 / 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
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: 88.3%ETP: 7.3%ADR: 2.4%Other: 2.1%
  • Common Stock · 88.3% · $73M
  • ETP · 7.3% · $6M
  • ADR · 2.4% · $2M
  • Other · 2.1% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AMZNAMAZON COM INCNEW+10.0K10.0K+$1M$1M
SBSWSIBANYE STILLWATER LTDNEW+65.0K65.0K+$648,000$648,000
TNDMTANDEM DIABETES CARE INCNEW+10.0K10.0K+$592,000$592,000
SICPSILVERGATE CAP CORPNEW+10.0K10.0K+$535,000$535,000
CLNECLEAN ENERGY FUELS CORPNEW+110.0K110.0K+$493,000$493,000
ACADACADIA PHARMACEUTICALS INCNEW+30.0K30.0K+$423,000$423,000
LIMELIGHT NETWORKS INCNEW+155.2K155.2K+$358,000$358,000
DDDUPONT DE NEMOURS INCNEW+5.5K5.5K+$306,000$306,000

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

Holdings — Q2 2022

51 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VERTEX ENERGY INCCOM27.22%$22M2.13M
2VICRVICOR CORPhistory →COM8.66%$7M129.9K
3AWKAMERICAN WTR WKS CO INC NEWhistory →COM7.42%$6M41.0K
4TLTISHARES TRhistory →20 YR TR BD ETF7.00%$6M50.0K
5RMNIRIMINI STR INC DELhistory →COM2.37%$2M324.0K
6EIGER BIOPHARMACEUTICALS INCCOM2.30%$2M300.0K
7EBIX INCCOM NEW2.26%$2M110.0K
8PIIMPINJ INChistory →COM1.94%$2M27.2K
9OPKOPKO HEALTH INChistory →COM1.82%$1M590.0K
10DISDISNEY WALT COhistory →COM1.52%$1M13.2K
11AMZNAMAZON COM INChistory →COM1.29%$1M10.0K
12ASPNASPEN AEROGELS INChistory →COM1.28%$1M106.5K
13CARPARTS COM INCCOM1.18%$972,000140.0K
14ALTERYX INCCOM CL A1.18%$968,00020.0K
15ATARA BIOTHERAPEUTICS INCCOM1.04%$857,000110.0K
16GEGGREAT ELM GROUP INCCOM NEW1.00%$819,000381.0K
17TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS1.00%$818,00010.0K
18SEMA4 HOLDINGS CORPCOM CL A0.94%$769,000610.0K
19ADSKAUTODESK INCCOM0.84%$688,0004.0K
20SBSWSIBANYE STILLWATER LTDSPONSORED ADR0.79%$648,00065.0K
21WESTPORT FUEL SYSTEMS INCCOM NEW0.77%$636,000630.0K
22LIVEPERSON INCCOM0.74%$606,00042.9K
23TNDMTANDEM DIABETES CARE INCCOM NEW0.72%$592,00010.0K
24PARATEK PHARMACEUTICALS INCCOM0.69%$569,000295.0K
25DANIMER SCIENTIFIC INCCOM CL A0.68%$561,000122.9K
26SICPSILVERGATE CAP CORPCL A0.65%$535,00010.0K
27CLNECLEAN ENERGY FUELS CORPCOM0.60%$493,000110.0K
28APPSDIGITAL TURBINE INCCOM NEW0.60%$489,00028.0K
29DDOGDATADOG INCCL A COM0.58%$476,0005.0K
30OKTAOKTA INCCL A0.55%$452,0005.0K
31PERFORMANT FINL CORPCOM0.54%$447,000170.0K
32LIMELIGHT NETWORKS INCCOM0.44%$358,000155.2K
33PACBPACIFIC BIOSCIENCES CALIF INCOM0.43%$354,00080.0K
34NFLXNETFLIX INCCOM0.43%$350,0002.0K
35TWLOTWILIO INCCL A0.41%$335,0004.0K
36SNOWSNOWFLAKE INCCL A0.39%$324,0002.3K
37PLBYPLBY GROUP INCCOM0.39%$320,00050.0K
38DDDUPONT DE NEMOURS INCCOM0.37%$306,0005.5K
39UBERUBER TECHNOLOGIES INCCOM0.36%$298,00014.6K
40SESEA LTDSPONSORD ADS0.32%$267,0004.0K
41RNGRINGCENTRAL INCCL A0.32%$261,0005.0K
42PROSHARES TR IIULTRA VIX SHORT0.28%$234,00016.1K
43CODIAK BIOSCIENCES INCCOM0.28%$226,00078.5K
44GENIGENIUS SPORTS LIMITEDSHARES CL A0.27%$225,000100.0K
45MARAMARATHON DIGITAL HOLDINGS INCOM0.26%$214,00040.0K
46IMMPIMMUTEP LTDSPONSORED ADS0.25%$205,000101.0K
47PAGSPAGSEGURO DIGITAL LTDCOM CL A0.25%$205,00020.0K
48AEHRAEHR TEST SYSCOM0.25%$202,00027.0K
49CANTALOUPE INCCOM0.24%$197,00035.1K
50VELO3D INCCOMMON STOCK0.20%$166,000120.0K
51LAKESHORE ACQUISITION I CORP*W EXP 07/15/2020.01%$9,00037.5K

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 ↗
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 ↗.