SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Lapides Asset Management, LLC

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

Reported Value
$165M
Q1 2023
Positions
50
Filings on Record
19
2019–present window
Filed
Apr 27, 2023
original filing

Summary

Lapides Asset Management, LLC reported $165M in U.S.-listed holdings across 50 positions for Q1 2023.

Its largest position, CRTO, represents 5.1% of the portfolio.

Compared with Q4 2022, the fund opened 2 new positions and exited 3.

Portfolio Metrics

Turnover
+5.3%
vs prior filed quarter
Top-10 Concentration
+38.2%
share of reported value
Largest Position
+5.1%
Criteo SA Spons Ads
New / Exited
2 / 3
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: 60.4%Common Stock: 33.8%ADR: 5.8%
  • Other · 60.4% · $100M
  • Common Stock · 33.8% · $56M
  • ADR · 5.8% · $10M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TOSTToast Inc Cl ANEW+83.5K83.5K+$1M$1M
Magnite IncNEW+150.7K150.7K+$1M$1M
Cutera IncADDED+64.5K100.5K+$782,000$2M
CBOE Global Mkts IncSOLD OUT−39.6K0−$5M$0
Mistras Group IncSOLD OUT−448.5K0−$2M$0
Vivint Smart Home Inc Cl ASOLD OUT−22.1K0−$263,000$0
VFCVF CorpADDED+54.5K115.4K+$963,000$3M
Purple Innovation IncTRIMMED−426.4K75.4K−$2M$199,000

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

Holdings — Q1 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CRTOCriteo SA Spons ADShistory →ADR5.09%$8M266.2K
2EEFTEuronet Worldwide Inchistory →com4.86%$8M71.7K
3Knowles Corpcom4.42%$7M428.7K
4DENTSPLY Sirona Inccom3.94%$7M165.5K
5AVDAmerican Vanguard Corphistory →com3.86%$6M291.2K
6Adtran Holdings Inccom3.28%$5M340.8K
7Adt Inccom3.26%$5M743.6K
8Integer Holdings Corpcom3.24%$5M69.0K
9Grand Canyon Ed Inccom3.15%$5M45.6K
10Stride Inccom3.06%$5M128.6K
11NCR Corpcom3.03%$5M212.1K
12Sensata Technologies Holding Pcom2.91%$5M96.0K
13UEICUniversal Electronics Inchistory →com2.85%$5M463.3K
14Verint Systems Inccom2.77%$5M122.8K
15Summit Materials Inc Cl Acom2.55%$4M147.7K
16Xperi Inc Common Stockcom2.47%$4M372.0K
17Dxc Technology Cocom2.43%$4M156.5K
18FCFranklin Covey Cohistory →com2.30%$4M98.4K
19BBSIBarrett Business Services Inchistory →com2.24%$4M41.6K
20AudioCodes Ltdcom2.19%$4M239.6K
21HUNHuntsman Corphistory →com2.13%$4M128.1K
22Westrock Cocom2.11%$3M114.3K
23NetApp Inccom2.09%$3M54.0K
24Lightspeed Commerce Inc Sub Vtcom2.03%$3M220.0K
25ARWArrow Electronics Inchistory →com1.96%$3M25.9K
26AngioDynamics Inccom1.87%$3M298.2K
27CIENCiena Corp Newhistory →com1.76%$3M55.2K
28Frontdoor Inccom1.63%$3M96.7K
29VFCVF Corphistory →com1.60%$3M115.4K
30Element Solutions Inccom1.52%$3M130.0K
31Cutera Inccom1.44%$2M100.5K
32Hanesbrands Inccom1.41%$2M441.3K
33CSG Systems Intl Inccom1.29%$2M39.6K
34Pubmatic Inc Cl Acom1.26%$2M150.3K
35Levi Strauss & Co Cl A Stockcom1.17%$2M105.9K
36ARAYAccuray Inchistory →com1.15%$2M640.0K
37Adeia Inccom1.12%$2M208.1K
38Tetra Tech Inccom1.06%$2M11.9K
39TOSTToast Inc Cl Acom0.90%$1M83.5K
40TFXTeleflex Incorporatedcom0.88%$1M5.7K
41Magnite Inccom0.85%$1M150.7K
42HSICHenry Schein, Inc.com0.80%$1M16.1K
43GRFSGrifols SA Sp ADR Rep B NvtADR0.76%$1M169.9K
44IMAX Corpcom0.74%$1M64.0K
45FMCFMC Corp Newcom0.71%$1M9.6K
46CCKCrown Holdings Inccom0.68%$1M13.6K
47BALLBall Corpcom0.64%$1M19.1K
48CMTLComtech Telecom Corpcom0.31%$504,00040.4K
49Ardagh Metal Packaging SAcom0.13%$217,00053.1K
50Purple Innovation Inccom0.12%$199,00075.4K

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 ↗.