SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Lapides Asset Management, LLC

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

Reported Value
$200M
Q2 2022
Positions
60
Filings on Record
19
2019–present window
Filed
Aug 2, 2022
original filing

Summary

Lapides Asset Management, LLC reported $200M in U.S.-listed holdings across 60 positions for Q2 2022.

Its largest position, AVD, represents 4.6% of the portfolio.

Compared with Q1 2022, the fund opened 6 new positions and exited 9.

Portfolio Metrics

Turnover
+12.4%
vs prior filed quarter
Top-10 Concentration
+34.5%
share of reported value
Largest Position
+4.6%
American Vanguard Corporation
New / Exited
6 / 9
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: 57.3%Common Stock: 36.6%ADR: 6.1%
  • Other · 57.3% · $115M
  • Common Stock · 36.6% · $73M
  • ADR · 6.1% · $12M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Adtran Holdings IncNEW+392.3K392.3K+$7M$7M
Pubmatic Inc Cl ANEW+158.1K158.1K+$3M$3M
RingCentral Inc Cl ANEW+32.2K32.2K+$2M$2M
CIENCiena CorpNEW+25.7K25.7K+$1M$1M
Tremor Intl Ltd ADSNEW+80.3K80.3K+$697,000$697,000
BASFYBASF SE Sp ADRNEW+11.7K11.7K+$127,000$127,000
CMTLComtech Telecommunications CpADDED+36.5K47.9K+$255,000$434,000
Adt IncADDED+655.2K860.3K+$4M$5M

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

Holdings — Q2 2022

60 positions
#IssuerClass% PortfolioValueShares
1AVDAmerican Vanguard Corporationhistory →com4.58%$9M410.4K
2EEFTEuronet Worldwide Inchistory →com3.99%$8M79.6K
3GRFSGrifols SA Sp ADR B Nvthistory →ADR3.70%$7M623.8K
4Adtran Holdings Inccom3.43%$7M392.3K
5UEICUniversal Electronics Inc.history →com3.27%$7M256.1K
6Stride Inc Comcom3.20%$6M157.5K
7NCR Corporationcom3.20%$6M206.3K
8Hanesbrands Inc.com3.19%$6M621.6K
9Xperi Holding Corporationcom3.03%$6M420.7K
10Verint Systems Inc.com2.89%$6M136.7K
11ChannelAdvisor Corpcom2.70%$5M371.3K
12Adt Inccom2.64%$5M860.3K
13RXTRackspace Technology Inchistory →com2.57%$5M719.2K
14WestRock Companycom2.55%$5M128.4K
15Cboe Global Markets Inccom2.52%$5M44.7K
16Adtalem Global Ed Inccom2.39%$5M133.4K
17CRTOCriteo SA Spons ADShistory →ADR2.35%$5M192.7K
18FCFranklin Covey Co.history →com2.29%$5M99.6K
19AudioCodes Ltdcom2.28%$5M207.6K
20Grand Canyon Ed Inccom2.15%$4M45.8K
21Summit Materials, Inc.com2.09%$4M179.9K
22HUNHuntsman Corporationhistory →com2.08%$4M147.0K
23NetApp Inccom2.05%$4M63.1K
24ARWArrow Electronics Inchistory →com2.05%$4M36.7K
25Dxc Technology Cocom2.03%$4M134.4K
26BBSIBarrett Business Services Inchistory →com1.82%$4M50.1K
27DENTSPLY SIRONA Inc.com1.75%$4M98.2K
28Frontdoor Inccom1.62%$3M135.0K
29Sensata Technologies Hldng Plccom1.55%$3M75.4K
30Knowles Corporationcom1.55%$3M179.0K
31MTXMinerals Technologies Inc.history →com1.54%$3M50.4K
32Mistras Group, Inc.com1.44%$3M486.8K
33Pubmatic Inc Cl Acom1.25%$3M158.1K
34CSG Systems Intl Inccom1.18%$2M39.6K
35Element Solutions Inccom1.15%$2M130.0K
36AngioDynamics, Inc.com1.08%$2M111.4K
37BTRS Holdings Inc.com1.02%$2M410.7K
38Integer Holdings Corpcom0.89%$2M25.1K
39SMGThe Scotts Miracle-Gro Companycom0.87%$2M22.1K
40Levi Strauss & Co Cl A Stockcom0.86%$2M105.9K
41RingCentral Inc Cl Acom0.84%$2M32.2K
42Tetra Tech, Inc.com0.81%$2M11.9K
43Purple Innovation Inccom0.80%$2M523.0K
44Ardagh Metal Packaging SAcom0.78%$2M257.9K
45ARAYAccuray Incorporatedcom0.77%$2M787.0K
46Plantronics Inccom0.70%$1M35.2K
47Sotera Health Cocom0.66%$1M67.6K
48Cutera, Inc.com0.66%$1M35.2K
49Vertiv Holdings Co Cl Acom0.65%$1M158.3K
50Hydrofarm Holdings Group Inccom0.65%$1M372.0K
51IMAX Corporationcom0.60%$1M71.6K
52CIENCiena Corpcom0.59%$1M25.7K
53SSPScripps E W Co Ohio Cl Acom0.55%$1M88.6K
54FMCFMC Corporationcom0.51%$1M9.6K
55BALLBall Corpcom0.47%$935,00013.6K
56Dirtt Environmental Solut Ltdfs0.35%$705,000649.2K
57Tremor Intl Ltd ADSADR0.35%$697,00080.3K
58CMTLComtech Telecommunications Cpcom0.22%$434,00047.9K
59Atento SAcom0.16%$323,00032.3K
60BASFYBASF SE Sp ADRADR0.06%$127,00011.7K

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 ↗.