SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Zebra Capital Management LLC

CIK 0001316915 · 2187 ATLANTIC STREET, 4TH FLOOR, STAMFORD, CT, 06902 · 2038783223

Reported Value
$63M
Q4 2021
Positions
155
Filings on Record
18
2019–present window
Filed
Feb 14, 2022
original filing

Summary

Zebra Capital Management LLC reported $63M in U.S.-listed holdings across 155 positions for Q4 2021.

Its largest position, OPK, represents 2.7% of the portfolio.

Compared with Q3 2021, the fund opened 2 new positions and exited 29.

Portfolio Metrics

Turnover
+1.5%
vs prior filed quarter
Top-10 Concentration
+20.9%
share of reported value
Largest Position
+2.7%
Opko Health
New / Exited
2 / 29
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: $162MQ4 ’18Q1 ’19: $188MQ2 ’19: $193MQ3 ’19: $92MQ3 ’19Q4 ’19: $113MQ1 ’20: $62MQ2 ’20: $69MQ2 ’20Q3 ’20: $65MQ4 ’20: $79MQ1 ’21: $91MQ1 ’21Q2 ’21: $85MQ3 ’21: $83MQ4 ’21: $63MQ4 ’21Q1 ’22: $44MQ2 ’22: $34MQ3 ’22: $26MQ3 ’22Q4 ’22: $29MQ1 ’23: $20Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 92.0%Other: 5.8%REIT: 2.2%
  • Common Stock · 92.0% · $58M
  • Other · 5.8% · $4M
  • REIT · 2.2% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MCBSMETROCITY BANKSHARES INCNEW+7.6K7.6K+$209,000$209,000
INBKFIRST INTERNET BANCORPNEW+4.3K4.3K+$200,000$200,000
PEACE ARCH ENTMT GROUP INCSOLD OUT103.0K0$616,000$0
DXPEDXP ENTERPRISES INC COM STKSOLD OUT9.3K0$275,000$0
GICGLOBAL INDUSTRIAL COSOLD OUT6.5K0$248,000$0
CTBICOMMUNITY TR BANCORP INC COM SSOLD OUT5.9K0$248,000$0
USNAUSANA HEALTH SCIENCES INC COMSOLD OUT2.6K0$238,000$0
SURMODICS INC COM STKSOLD OUT4.3K0$238,000$0

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

Holdings — Q4 2021

155 positions
#IssuerClass% PortfolioValueShares
1OPKOPKO HEALTH INChistory →COM2.71%$2M351.7K
2UFPIUNIVERSAL FST PRODS INC COM SThistory →COM2.53%$2M17.2K
3CUSHMAN & WAKEFIELDCOM2.32%$1M65.3K
4XXYCROSS CTRY HEALTHCARE INC COMhistory →COM2.15%$1M48.5K
5ENSTAR GROUP LIMITED COM STKCOM2.08%$1M5.3K
6BEACON ROOFING SUPPLY INCCOM1.97%$1M21.5K
7SUPER MICRO COMPUTER INC COMCOM1.93%$1M27.4K
8COKECOCA COLA BOTTLING CO CONS COMhistory →COM1.81%$1M1.8K
9RUSHARUSH ENTERPRISES INCCL A COM Shistory →COM1.70%$1M19.1K
10AMKRAMKOR TECHNOLOGY INC COM STKhistory →COM1.67%$1M42.0K
11OTTROTTER TAIL CORP COM STKhistory →COM1.66%$1M14.5K
12LHC GROUP INC COM STKCOM1.58%$989,0007.2K
13ADUNITED STATES CELLULAR CORP COhistory →COM1.55%$970,00030.8K
14RYZRYERSON INC CASH MERGEhistory →COM1.50%$940,00036.1K
15CNXNPC CONNECTION INC COM STKhistory →COM1.47%$921,00021.4K
16EBSEMERGENT BIOSOLUTIONS INChistory →COM1.43%$895,00020.6K
17PATKPATRICK INDS INC COM STKhistory →COM1.40%$875,00010.8K
18PCHPOTLATCH HOLDINGS INC COMhistory →COM1.32%$823,00013.7K
19FORFORESTAR GROUP INC COM STKhistory →COM1.22%$765,00035.2K
20DGICADONEGAL GROUP INC-CL Ahistory →COM1.20%$753,00052.7K
21CHAMPIONX CORPCOM1.18%$738,00036.5K
22KELYAKELLY SERVICES INC CL A COM Shistory →COM1.18%$738,00044.0K
23VERITIV CORPRATNCOM1.16%$728,0005.9K
24TTECTELETECH HLDGS INC COM STKhistory →COM1.14%$711,0007.9K
25MLIMUELLER INDUSTRIES INChistory →COM1.12%$702,00011.8K
26IDTIDT CORP CL B COM Shistory →COM1.12%$702,00015.9K
27NATIONAL WESTERN LIFE INSURANCCOM1.09%$680,0003.2K
28WMKWEIS MARKETS INC COM STKhistory →COM1.06%$661,00010.0K
29MBINMERCHANTS BANCORPhistory →COM1.02%$640,00013.5K
30SSPE.W. SCRIPPS COMPANY (NEW)(OLDCOM0.98%$612,00031.6K
31PLUSEPLUS INC COM STKCOM0.96%$597,00011.1K
32BLUEPRINT MEDICINES CORPCOM0.95%$596,0005.6K
33ALKSALKERMES INC COM STKCOM0.94%$586,00025.2K
34GOLFGOLFSMITH INTL HLDGS INC COM SCOM0.91%$571,00010.8K
35MMIMOTOROLA MOBILITY HOLDINGSCOM0.88%$547,00010.6K
36KEKIMBALL ELECTRONICSCOM0.86%$540,00024.8K
37PAHCPHIBRO ANIMAL HEALTH CORPCOM0.86%$535,00026.2K
38ONEWONEWATER MARINE INCCOM0.82%$513,0008.4K
39ENCORE WIRE CORP COM STKCOM0.79%$495,0003.5K
40CRVLCORVEL CORP COM STKCOM0.77%$484,0002.3K
41SANDY SPRING BANCORP INC COM SCOM0.76%$477,0009.9K
42MGEEMGE ENERGY INC COM STKCOM0.76%$476,0005.8K
43NEXTGEN HEALTHCARE INC COCOM0.75%$471,00026.5K
44ACADACADIA PHARMCOM0.75%$468,00020.0K
45SHOOMADDEN STEVEN LTD COM STKCOM0.72%$449,0009.7K
46EYEADVANCED MEDICAL OPTICS INC COCOM0.71%$444,0009.3K
47ATLCATLANTICUS HOLDINGS CORPCOM0.70%$436,0006.1K
48CSG SYSTEMS INTERNATIONAL INCCOM0.70%$435,0007.5K
49LELANDS' END INCCOM0.69%$434,00022.1K
50OSISOSI SYSTEMS INC COM STKCOM0.66%$411,0004.4K
51ASTHAPOLLO MEDICAL HOLDING INCCOM0.66%$411,0005.6K
52KFRCKFORCE INC COM STKCOM0.64%$402,0005.3K
53RBBNRIBBON COMMUNICATIONS INCCOM0.64%$401,00066.4K
54KROKRONOS WORLDWIDE INC COM STKCOM0.63%$396,00026.4K
55MYGNMYRIAD GENETICS INC COM STKCOM0.63%$392,00014.2K
56DORMDORMAN PRODUCTS INCCOM0.62%$388,0003.4K
57LUTHER BURBANK CORPCOM0.60%$377,00026.9K
58SHOESHOE CARNIVAL INC COM STKCOM0.57%$358,0009.1K
59VLGEAVILLAGE SUPER MARKET INC COM SCOM0.55%$342,00014.6K
60VTOLBRISTOW GROUP INCCOM0.55%$341,00010.8K
61CMPRCIMPRESS PLCCOM0.54%$338,0004.7K
62DLTHDULUTH HOLDINGS INCCOM0.53%$331,00021.8K
63ALRSALERUS FINANCIAL CORPCOM0.53%$331,00011.3K
64ENTERPRISE BNCPCOM0.51%$316,0007.0K
65THRMGENTHERM INC COM STKCOM0.50%$314,0003.6K
66PTCTPTC THERAPEUTICS INCCOM0.50%$313,0007.9K
67IESCINTEGRATED ELECCOM0.49%$305,0006.0K
68VNDAVANDA PHARMACEUTICALS INC COMCOM0.49%$304,00019.4K
69CRMTAMERICAS CAR-MART INC COM STKCOM0.47%$293,0002.9K
70NATUS MEDICAL INC DEL COCOM0.47%$291,00012.2K
71ZEUSOLYMPIC STEEL INC COM STKCOM0.46%$290,00012.3K
72RMRRMR GROUP INCCOM0.46%$288,0008.3K
73MATWMATTHEWS INTL CORP CL A COM SCOM0.46%$287,0007.8K
74INVAINNOVIVA INC COM STKCOM0.46%$286,00016.6K
75GDENGOLDEN ENTERTAINMENT INCCOM0.45%$284,0005.6K
76HSTMHEALTHSTREAM INC COM STKCOM0.45%$284,00010.8K
77ULHUNIVERSAL LOGISTICS HOLDINGSCOM0.45%$282,00014.9K
78CCNECNB FINANCIAL CORP (PA) COM STCOM0.45%$282,00010.7K
79ICFIICF INTERNATIONAL INCCOM0.45%$279,0002.7K
80SMTCSEMTECH CORP COM STKCOM0.44%$278,0003.1K
81IRWDIRONWOOD PHARMACEUTICALS INCCOM0.44%$274,00023.5K
82JYNTJOINT CORP (THE)COM0.44%$273,0004.2K
83HALOHALOZYME THERAPEUTICS INC COMCOM0.44%$272,0006.8K
84PS1COMPUTER PROGRAMS & SYSTEMS INCOM0.43%$269,0009.2K
85CHRSCHARMING SHOPPESCOM0.43%$267,00016.7K
86NOVTNovanta IncCOM0.42%$261,0001.5K
87JOUTJOHNSON OUTDOORS INCCL-A COMCOM0.41%$259,0002.8K
88FELEFRANKLIN ELECTRIC CO INC COM SCOM0.41%$257,0002.7K
89MGYMAGNOLIA OIL & GAS CORPCOM0.41%$255,00013.5K
90IOSPINNOSPEC INC COMCOM0.41%$255,0002.8K
91WSBFWATERSTONE FINANCIAL COM STKCOM0.40%$252,00011.5K
92HBTHBT FINANCIAL INCCOM0.40%$248,00013.3K
93FIRST DEFIANCE FINANCIAL CORPCOM0.39%$246,0008.0K
94DAKTDAKTRONICS INC COM STKCOM0.39%$243,00048.1K
95SENEASENECA FOODS CORP CL A COM SCOM0.39%$243,0005.1K
96PS BUSINESS PARKS INC COM REITCOM0.38%$239,0001.3K
97OFIXORTHOFIX INTERNATIONAL NV COMCOM0.38%$237,0007.6K
98UVSPUNIVEST CORP OF PENNSYLVANIACOM0.38%$235,0007.8K
99FMNBFARMERS NATL BANC CORP/OHCOM0.37%$232,00012.5K
100LMATLEMAITRE VASCULAR INCCOM0.37%$232,0004.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2023$20M65May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$29M67Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$26M81Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$34M98Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$44M116May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$63M155Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$83M182Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$85M160Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$91M169May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$79M163Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$65M167Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$69M217Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$62M226May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$113M292Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$92M230Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$193M452Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$188M429May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$162M376Feb 14, 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 ↗.