Managers / Q4 2022 · view latest →
Macellum Advisors, LP
CIK 0001536216 · 60 BROAD STREET, SUITE 3825, NEW YORK, NY, 10004 · 646-706-5192
Summary
Macellum Advisors, LP reported $139M in U.S.-listed holdings across 5 positions for Q4 2022.
The portfolio is heavily concentrated: KSS alone accounts for 98.9% of reported value.
Compared with Q3 2022, the fund opened 2 new positions and exited 0.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 100.0% · $139M
- Other · 0.0% · $18,208
Quarter-over-Quarter Changes full breakdown →
vs Q3 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| FRANCHISE GROUP INC | NEW | +2.2K | 2.2K | +$51,809 | $51,809 |
| VINTAGE WINE ESTATES INC | NEW | +5.5K | 5.5K | +$17,865 | $17,865 |
| TUESDAY MORNING CORP | TRIMMED | −14.5K | 500 | −$1,657 | $343 |
| KSSKOHLS CORP | TRIMMED | −349.5K | 5.46M | −$8M | $138M |
| CTRNCITI TRENDS INC | HELD | +0 | 57.4K | +$629,846 | $2M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | KSSKOHLS CORPhistory → | COM | 98.86% | $138M | 5.46M |
| 2 | CTRNCITI TRENDS INChistory → | COM | 1.09% | $2M | 57.4K |
| 3 | FRANCHISE GROUP INC | COM | 0.04% | $51,809 | 2.2K |
| 4 | VINTAGE WINE ESTATES INC | COM | 0.01% | $17,865 | 5.5K |
| 5 | TUESDAY MORNING CORP | COM | 0.00% | $343 | 500 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2024 | $0 | 1 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $0 | 1 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $7M | 1 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $156M | 1 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $116M | 2 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $128M | 3 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $131M | 5 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $139M | 5 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $147M | 3 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $243M | 4 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $425M | 6 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $368M | 6 | Feb 14, 2022 | 13F-HR | changes · 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 ↗.