SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Trellus Management Company, LLC

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

Reported Value
$81M
Q2 2023
Positions
57
Filings on Record
20
2019–present window
Filed
Jul 14, 2023
original filing

Summary

Trellus Management Company, LLC reported $81M in U.S.-listed holdings across 57 positions for Q2 2023.

Its largest position, Vertex Energy, represents 16.4% of the portfolio.

Compared with Q1 2023, the fund opened 21 new positions and exited 13.

Portfolio Metrics

Turnover
+23.5%
vs prior filed quarter
Top-10 Concentration
+49.9%
share of reported value
Largest Position
+16.4%
Vertex Energy
New / Exited
21 / 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: 72.6%ETP: 24.8%Other: 2.0%ADR: 0.6%
  • Common Stock · 72.6% · $59M
  • ETP · 24.8% · $20M
  • Other · 2.0% · $2M
  • ADR · 0.6% · $499,200

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KOLDPROSHARES TR IINEW+30.0K30.0K+$2M$2M
SMTCSEMTECH CORPNEW+40.0K40.0K+$1M$1M
INDIINDIE SEMICONDUCTOR INCNEW+101.2K101.2K+$951,506$951,506
GISGENERAL MLS INCNEW+10.0K10.0K+$767,000$767,000
PROSHARES TRNEW+39.0K39.0K+$737,490$737,490
CDXSCODEXIS INCNEW+251.5K251.5K+$704,088$704,088
BLZEBACKBLAZE INCNEW+160.0K160.0K+$692,800$692,800
HALHALLIBURTON CONEW+20.0K20.0K+$659,800$659,800

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

Holdings — Q2 2023

52 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VERTEX ENERGY INCCOM16.36%$13M2.12M
2VICRVICOR CORPhistory →COM8.66%$7M129.9K
3AWKAMERICAN WTR WKS CO INC NEWhistory →COM7.22%$6M41.0K
4TLTISHARES TRhistory →20 YR TR BD ETF4.45%$4M35.0K
5EBIX INCCOM NEW3.42%$3M110.0K
6CNCCENTENE CORP DELhistory →COM2.50%$2M30.0K
7ASPNASPEN AEROGELS INChistory →COM2.14%$2M220.0K
8RMNIRIMINI STR INC DELhistory →COM2.07%$2M350.0K
9UCOPROSHARES TR IIULTA BLMBG 2017 · ULTRA VIX SHORT1.63%$1M61.6K
10DISDISNEY WALT COhistory →COM1.45%$1M13.2K
11PACBPACIFIC BIOSCIENCES CALIF INhistory →COM1.45%$1M88.5K
12ALTERYX INCCOM CL A1.40%$1M25.0K
13SMTCSEMTECH CORPhistory →COM1.26%$1M40.0K
14INDIINDIE SEMICONDUCTOR INChistory →CLASS A COM1.17%$951,506101.2K
15PERFORMANT FINL CORPCOM1.17%$945,000350.0K
16CLNECLEAN ENERGY FUELS CORPhistory →COM1.16%$942,400190.0K
17AVNWAVIAT NETWORKS INChistory →COM NEW1.13%$917,67527.5K
18PACKRANPAK HOLDINGS CORPhistory →COM CL A1.05%$853,453188.8K
19ADSKAUTODESK INChistory →COM1.01%$818,4404.0K
20GISGENERAL MLS INCCOM0.95%$767,00010.0K
21CARPARTS COM INCCOM0.94%$765,000180.0K
22GLOBALSTAR INCCOM0.93%$756,000700.0K
23PROSHARES TRULTRAPRO SHT QQQ0.91%$737,49039.0K
24APLDAPPLIED DIGITAL CORPCOM NEW0.88%$709,42275.9K
25CDXSCODEXIS INCCOM0.87%$704,088251.5K
26BLZEBACKBLAZE INCCOM CL A0.86%$692,800160.0K
27XYZBLOCK INCCL A0.82%$665,70010.0K
28HALHALLIBURTON COCOM0.81%$659,80020.0K
29CALXCALIX INCCOM0.80%$645,58612.9K
30UBERUBER TECHNOLOGIES INCCOM0.78%$628,55514.6K
31WGSGENEDX HOLDINGS CORPCOM CL A0.74%$596,215100.0K
32AMDADVANCED MICRO DEVICES INCCOM0.70%$569,5505.0K
33DIREXION SHS ETF TRDAILY SM CP BEAR0.65%$526,00020.0K
34SABRSABRE CORPCOM0.63%$510,400160.0K
35APPSDIGITAL TURBINE INCCOM NEW0.62%$502,04854.1K
36SBSWSIBANYE STILLWATER LTDSPONSORED ADR0.62%$499,20080.0K
37DDOGDATADOG INCCL A COM0.61%$491,9005.0K
38WPRTWESTPORT FUEL SYSTEMS INCCOM0.60%$483,21063.0K
39CANTALOUPE INCCOM0.58%$471,66259.3K
40DANIMER SCIENTIFIC INCCOM CL A0.51%$415,400174.5K
41GENIGENIUS SPORTS LIMITEDSHARES CL A0.43%$350,03256.5K
42MOSMOSAIC CO NEWCOM0.43%$350,00010.0K
43XPOFXPONENTIAL FITNESS INCCOM CL A0.43%$345,00020.0K
44RNGRINGCENTRAL INCCL A0.40%$327,30010.0K
45ENVIVA INCCOM0.37%$303,80028.0K
46MRVLMARVELL TECHNOLOGY INCCOM0.37%$298,9005.0K
47PARATEK PHARMACEUTICALS INCCOM0.35%$280,670127.0K
48DOCUDOCUSIGN INCCOM0.32%$255,4505.0K
49CNHCNH INDL N VSHS0.20%$162,89311.3K
50OPKOPKO HEALTH INCCOM0.20%$161,42274.4K
51FENCFENNEC PHARMACEUTICALS INCCOM0.12%$93,25410.6K
52PROSOMNUS INC*W EXP 04/20/2020.00%$3,01937.5K

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 ↗.