SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Lapides Asset Management, LLC

CIK 0001357993 · 500 WEST PUTNAM AVENUE, GREENWICH, CT, 06830 · (203) 422-7202

Reported Value
$228M
Q1 2022
Positions
63
Filings on Record
19
2019–present window
Filed
Apr 28, 2022
original filing

Summary

Lapides Asset Management, LLC reported $228M in U.S.-listed holdings across 63 positions for Q1 2022.

Its largest position, EEFT, represents 4.5% of the portfolio.

Compared with Q4 2021, the fund opened 7 new positions and exited 16.

Portfolio Metrics

Turnover
+17.4%
vs prior filed quarter
Top-10 Concentration
+34.7%
share of reported value
Largest Position
+4.5%
Euronet Worldwide
New / Exited
7 / 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: $247MQ4 ’18Q1 ’19: $265MQ2 ’19: $217MQ3 ’19: $194MQ3 ’19Q4 ’19: $192MQ1 ’20: $133MQ2 ’20: $173MQ2 ’20Q3 ’20: $182MQ4 ’20: $233MQ1 ’21: $239MQ1 ’21Q2 ’21: $251MQ3 ’21: $241MQ4 ’21: $229MQ4 ’21Q1 ’22: $228MQ2 ’22: $200MQ3 ’22: $176MQ3 ’22Q1 ’23: $165Mfilingsflow.com

Portfolio Composition

By security type
Other: 55.4%Common Stock: 39.7%ADR: 4.9%
  • Other · 55.4% · $126M
  • Common Stock · 39.7% · $90M
  • ADR · 4.9% · $11M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CRTOCriteo SA Spons ADSNEW+146.2K146.2K+$4M$4M
AudioCodes LtdNEW+152.7K152.7K+$4M$4M
Hydrofarm Holdings Group IncNEW+152.0K152.0K+$2M$2M
Vertiv Holdings Co Cl ANEW+149.8K149.8K+$2M$2M
Adt IncNEW+205.1K205.1K+$2M$2M
Sotera Health CoNEW+67.6K67.6K+$1M$1M
CMTLComtech Telecommunications CpNEW+11.4K11.4K+$179,000$179,000
BTRS Holdings Inc.ADDED+236.8K256.5K+$2M$2M

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

Holdings — Q1 2022

63 positions
#IssuerClass% PortfolioValueShares
1EEFTEuronet Worldwide Inchistory →com4.54%$10M79.6K
2RXTRackspace Technology Inchistory →com4.20%$10M858.7K
3Houghton Mifflin Harcourt Compcom3.79%$9M411.5K
4AVDAmerican Vanguard Corporationhistory →com3.70%$8M415.3K
5Xperi Holding Corporationcom3.19%$7M420.7K
6GRFSGrifols SA Sp ADR B Nvthistory →adr3.19%$7M623.8K
7Verint Systems Inc.com3.16%$7M139.5K
8UEICUniversal Electronics Inc.history →com3.15%$7M230.3K
9Hanesbrands Inc.com2.98%$7M456.1K
10Stride Inc Comcom2.81%$6M176.6K
11WestRock Companycom2.79%$6M135.5K
12Cboe Global Markets Inccom2.66%$6M53.0K
13NCR Corporationcom2.63%$6M149.2K
14Plantronics Inccom2.45%$6M141.9K
15Summit Materials, Inc.com2.45%$6M179.9K
16HUNHuntsman Corporationhistory →com2.42%$6M147.0K
17Adtalem Global Ed Inccom2.28%$5M175.4K
18NetApp Inccom2.16%$5M59.5K
19FCFranklin Covey Co.history →com1.97%$5M99.6K
20Grand Canyon Ed Inccom1.95%$4M45.8K
21ARWArrow Electronics Inchistory →com1.91%$4M36.7K
22CRTOCriteo SA Spons ADShistory →adr1.75%$4M146.2K
23BBSIBarrett Business Services Inchistory →com1.74%$4M51.2K
24AudioCodes Ltdcom1.71%$4M152.7K
25Knowles Corporationcom1.49%$3M157.4K
26MTXMinerals Technologies Inc.history →com1.46%$3M50.4K
27Adtran Inccom1.43%$3M176.2K
28Frontdoor Inccom1.41%$3M108.0K
29ChannelAdvisor Corpcom1.32%$3M181.9K
30Element Solutions Inccom1.25%$3M130.0K
31Purple Innovation Inccom1.23%$3M480.4K
32CSG Systems Intl Inccom1.22%$3M43.6K
33IMAX Corporationcom1.14%$3M137.5K
34Mistras Group, Inc.com1.14%$3M392.4K
35Dxc Technology Cocom1.11%$3M77.3K
36ARAYAccuray Incorporatedhistory →com1.10%$3M759.6K
37AngioDynamics, Inc.com1.05%$2M111.4K
38DENTSPLY SIRONA Inc.com1.04%$2M48.4K
39Hydrofarm Holdings Group Inccom1.01%$2M152.0K
40Diebold Nixdorf Inc.com0.97%$2M328.9K
41Vertiv Holdings Co Cl Acom0.92%$2M149.8K
42Levi Strauss & Co Cl A Stockcom0.92%$2M105.9K
43Integer Holdings Corpcom0.89%$2M25.1K
44Cutera, Inc.com0.88%$2M29.2K
45Ardagh Metal Packaging SAcom0.88%$2M245.6K
46Tetra Tech, Inc.com0.86%$2M11.9K
47Sensata Technologies Hldng Plccom0.85%$2M38.2K
48BTRS Holdings Inc.com0.84%$2M256.5K
49SMGThe Scotts Miracle-Gro Companycom0.82%$2M15.2K
50Atento SAcom0.81%$2M67.1K
51SSPScripps E W Co Ohio Cl Acom0.81%$2M88.6K
52CommScope Holding Company, Inccom0.80%$2M231.9K
53Amdocs Ltdcom0.76%$2M21.1K
54Adt Inccom0.68%$2M205.1K
55Sotera Health Cocom0.64%$1M67.6K
56FMCFMC Corporationcom0.55%$1M9.6K
57BALLBall Corporationcom0.54%$1M13.6K
58CECelanese Corporationcom0.49%$1M7.8K
59Dirtt Environmental Solut Ltdfs0.40%$910,000649.2K
60Zeta Global Holdings Corp Cl Acom0.25%$581,00045.6K
61EGHT8x8 Inccom0.19%$442,00035.1K
62OOMAOoma Inccom0.16%$361,00024.1K
63CMTLComtech Telecommunications Cpcom0.08%$179,00011.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2023Under review51Aug 4, 202313F-HRchanges · EDGAR ↗
Q1 2023$165M50Apr 27, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review51Jan 27, 202313F-HRchanges · EDGAR ↗
Q3 2022$176M53Oct 27, 202213F-HRchanges · EDGAR ↗
Q2 2022$200M60Aug 2, 202213F-HRchanges · EDGAR ↗
Q1 2022$228M63Apr 28, 202213F-HRchanges · EDGAR ↗
Q4 2021$229M72Jan 31, 202213F-HRchanges · EDGAR ↗
Q3 2021$241M81Oct 27, 202113F-HRchanges · EDGAR ↗
Q2 2021$251M80Jul 26, 202113F-HRchanges · EDGAR ↗
Q1 2021$239M74May 3, 202113F-HRchanges · EDGAR ↗
Q4 2020$233M68Feb 4, 202113F-HRchanges · EDGAR ↗
Q3 2020$182M63Nov 2, 202013F-HRchanges · EDGAR ↗
Q2 2020$173M61Jul 30, 202013F-HRchanges · EDGAR ↗
Q1 2020$133M62May 7, 202013F-HRchanges · EDGAR ↗
Q4 2019$192M65Jan 29, 202013F-HRchanges · EDGAR ↗
Q3 2019$194M70Oct 30, 201913F-HRchanges · EDGAR ↗
Q2 2019$217M72Jul 30, 201913F-HRchanges · EDGAR ↗
Q1 2019$265M78Apr 30, 201913F-HRchanges · EDGAR ↗
Q4 2018$247M81Feb 13, 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 ↗.