SEC 13F Intelligence

Managers / Q3 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
Q3 2022
Positions
54
Filings on Record
20
2019–present window
Filed
Oct 25, 2022
original filing

Summary

Trellus Management Company, LLC reported $82M in U.S.-listed holdings across 54 positions for Q3 2022.

Its largest position, Vertex Energy, represents 16.0% of the portfolio.

Compared with Q2 2022, the fund opened 15 new positions and exited 16.

Portfolio Metrics

Turnover
+36.9%
vs prior filed quarter
Top-10 Concentration
+49.7%
share of reported value
Largest Position
+16.0%
Vertex Energy
New / Exited
15 / 16
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: 64.0%ETP: 32.2%Other: 2.0%ADR: 1.8%
  • Common Stock · 64.0% · $53M
  • ETP · 32.2% · $27M
  • Other · 2.0% · $2M
  • ADR · 1.8% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TSLATESLA INCNEW+9.0K9.0K+$2M$2M
AGENUS INCNEW+600.0K600.0K+$1M$1M
NEOGNEOGEN CORPNEW+40.0K40.0K+$559,000$559,000
ARANTERO RESOURCES CORPNEW+15.0K15.0K+$458,000$458,000
SPOTSPOTIFY TECHNOLOGY S ANEW+5.0K5.0K+$432,000$432,000
PROSHARES TRNEW+18.1K18.1K+$407,000$407,000
KTOSKRATOS DEFENSE & SEC SOLUTIONEW+40.0K40.0K+$406,000$406,000
PROSHARES TR IINEW+7.3K7.3K+$392,000$392,000

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

Holdings — Q3 2022

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VERTEX ENERGY INCCOM16.05%$13M2.12M
2VICRVICOR CORPhistory →COM9.33%$8M129.9K
3AWKAMERICAN WTR WKS CO INC NEWhistory →COM6.48%$5M41.0K
4TLTISHARES TRhistory →20 YR TR BD ETF6.39%$5M51.3K
5EIGER BIOPHARMACEUTICALS INCCOM2.74%$2M300.0K
6EBIX INCCOM NEW2.53%$2M110.0K
7RMNIRIMINI STR INC DELhistory →COM1.83%$2M324.0K
8DISDISNEY WALT COhistory →COM1.51%$1M13.2K
9AGENUS INCCOM NEW1.49%$1M600.0K
10ALTERYX INCCOM CL A1.36%$1M20.0K
11ASPNASPEN AEROGELS INChistory →COM1.19%$982,000106.5K
12UCOPROSHARES TR IIULTRA BLOOMBERG · ULTA BLMBG 2017 · ULTRA VIX SHORT0.97%$800,00028.6K
13SBSWSIBANYE STILLWATER LTDSPONSORED ADR0.93%$763,00081.8K
14GEGGREAT ELM GROUP INCCOM NEW0.93%$762,000381.0K
15PARATEK PHARMACEUTICALS INCCOM0.92%$758,000295.0K
16ADSKAUTODESK INCCOM0.91%$747,0004.0K
17CARPARTS COM INCCOM0.88%$724,000140.0K
18TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.83%$686,00010.0K
19PACBPACIFIC BIOSCIENCES CALIF INCOM0.78%$639,000110.0K
20OKTAOKTA INCCL A0.69%$569,00010.0K
21NEOGNEOGEN CORPCOM0.68%$559,00040.0K
22WESTPORT FUEL SYSTEMS INCCOM NEW0.67%$549,000630.0K
23EDGIO INCCOM0.59%$487,000175.2K
24ARANTERO RESOURCES CORPCOM0.56%$458,00015.0K
25DDOGDATADOG INCCL A COM0.54%$444,0005.0K
26SPOTSPOTIFY TECHNOLOGY S ASHS0.52%$432,0005.0K
27PROSHARES TRULTRAPRO SHORT S0.49%$407,00018.1K
28KTOSKRATOS DEFENSE & SEC SOLUTIOCOM NEW0.49%$406,00040.0K
29LIVEPERSON INCCOM0.49%$404,00042.9K
30APPSDIGITAL TURBINE INCCOM NEW0.49%$403,00028.0K
31SNOWSNOWFLAKE INCCL A0.48%$397,0002.3K
32SEMA4 HOLDINGS CORPCOM CL A0.47%$389,000442.9K
33UBERUBER TECHNOLOGIES INCCOM0.47%$386,00014.6K
34SICPSILVERGATE CAP CORPCL A0.46%$377,0005.0K
35PERFORMANT FINL CORPCOM0.41%$341,000184.3K
36BFHBREAD FINANCIAL HOLDINGS INCCOM0.38%$315,00010.0K
37TWLOTWILIO INCCL A0.34%$277,0004.0K
38GENIGENIUS SPORTS LIMITEDSHARES CL A0.33%$275,00075.0K
39PAGSPAGSEGURO DIGITAL LTDCOM CL A0.32%$265,00020.0K
40MOSMOSAIC CO NEWCOM0.29%$242,0005.0K
41ZUORA INCCOM CL A0.27%$221,00030.0K
42COINCOINBASE GLOBAL INCCOM CL A0.25%$206,0003.2K
43COUPA SOFTWARE INCCOM0.25%$206,0003.5K
44PLBYPLBY GROUP INCCOM0.25%$202,00050.0K
45DANIMER SCIENTIFIC INCCOM CL A0.24%$194,00065.6K
46PACKRANPAK HOLDINGS CORPCOM CL A0.23%$190,00055.5K
47CANTALOUPE INCCOM0.12%$102,00029.2K
48CODIAK BIOSCIENCES INCCOM0.06%$51,00064.6K
49LAKESHORE ACQUISITION I CORP*W EXP 07/15/2020.01%$6,00037.5K

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 ↗.