SEC 13F Intelligence

Managers / Q4 2022 · view latest →

WESTERLY CAPITAL MANAGEMENT, LLC

CIK 0001546172 · 201 MISSION STREET, SUITE 580, SAN FRANCISCO, CA, 94105 · 415-547-9000

Reported Value
$127M
Q4 2022
Positions
44
Filings on Record
18
2019–present window
Filed
Feb 14, 2023
original filing

Summary

Westerly Capital Management, LLC reported $127M in U.S.-listed holdings across 44 positions for Q4 2022.

Its largest position, BLKB, represents 7.9% of the portfolio.

Compared with Q3 2022, the fund opened 13 new positions and exited 9.

Portfolio Metrics

Turnover
+28.0%
vs prior filed quarter
Top-10 Concentration
+51.5%
share of reported value
Largest Position
+7.9%
Blackbaud
New / Exited
13 / 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. 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 ’21: $152MQ4 ’21Q1 ’22: $135MQ2 ’22: $123MQ3 ’22: $112MQ3 ’22Q4 ’22: $127MQ1 ’23: $140MQ2 ’23: $190MQ2 ’23Q3 ’23: $142MQ4 ’23: $202MQ1 ’24: $264MQ1 ’24Q2 ’24: $201MQ3 ’24: $178MQ4 ’24: $217MQ4 ’24Q1 ’25: $231MQ2 ’25: $270MQ3 ’25: $319MQ3 ’25Q4 ’25: $455MQ1 ’26: $368Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 84.5%Other: 13.7%ADR: 1.8%
  • Common Stock · 84.5% · $107M
  • Other · 13.7% · $17M
  • ADR · 1.8% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
METAMETA PLATFORMS INCNEW+60.0K60.0K+$7M$7M
EVBGEUREVERBRIDGE INCNEW+85.0K85.0K+$3M$3M
ZUOUSDZUORA INCNEW+350.0K350.0K+$2M$2M
XPERXPERI INC-W/INEW+240.0K240.0K+$2M$2M
JT5MUELLER WATER PRODUCTS INCNEW+180.0K180.0K+$2M$2M
MTRXMATRIX SERVICE CONEW+280.0K280.0K+$2M$2M
BLBLACKLINE INCNEW+25.0K25.0K+$2M$2M
RBBNRIBBON COMMUNICATIONS INCNEW+525.0K525.0K+$1M$1M

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

Holdings — Q4 2022

44 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BLKBBLACKBAUD INChistory →COM7.87%$10M170.0K
2GWREGUIDEWIRE SOFTWARE INChistory →COM6.55%$8M133.0K
3HHSHARTE-HANKS INChistory →COM6.36%$8M691.0K
4METAMETA PLATFORMS INChistory →CL A5.68%$7M60.0K
50J7QIAC INChistory →COM NEW4.72%$6M135.0K
6COGNYTE SOFTWARE LTDORD SHS4.28%$5M1.75M
7VIAVVIAVI SOLUTIONS INChistory →COM4.13%$5M500.0K
8QUALTRICS INTERNATIONALCOM CL A4.08%$5M500.0K
9SCOR1EURCOMSCORE INChistory →COM4.00%$5M4.38M
10GENIUS SPORTS LTDSHARES CL A3.83%$5M1.36M
11ANGI1EURANGI INChistory →COM CL A NEW3.70%$5M2.00M
12INTEVAC INCCOM3.56%$5M700.0K
13HDSNHUDSON TECHNOLOGIES INChistory →COM3.18%$4M400.0K
14HIPOHIPPO HOLDINGS INChistory →COM NEW2.56%$3M239.0K
15RTXRAYTHEON TECHNOLOGIES CORPhistory →COM2.54%$3M32.0K
16NWPXNORTHWEST PIPE COMPANYhistory →COM2.52%$3M95.0K
17FAROFARO TECHNOLOGIES INChistory →COM2.31%$3M100.0K
18NXDRNEXTDOOR HOLDINGS INChistory →COM CL A2.19%$3M1.35M
19VMEO*VIMEO INC-WHEN ISSUEDhistory →COMMON STOCK2.02%$3M748.0K
20EVBGEUREVERBRIDGE INChistory →COM1.98%$3M85.0K
21UBSFYUBISOFT ENTERTAIN-UNSPONhistory →ADR1.77%$2M400.0K
22ZUOUSDZUORA INChistory →COM CL A1.75%$2M350.0K
23XPERXPERI INC-W/Ihistory →COMMON STOCK1.63%$2M240.0K
24JT5MUELLER WATER PRODUCTS INChistory →COM SER A1.52%$2M180.0K
25WDAYWORKDAY INChistory →CL A1.45%$2M11.0K
26MTRXMATRIX SERVICE COhistory →COM1.37%$2M280.0K
27ACTGACACIA RESH CORPhistory →ACACIA TCH COM1.32%$2M400.0K
28BLBLACKLINE INChistory →COM1.32%$2M25.0K
29RBBNRIBBON COMMUNICATIONS INChistory →COM1.15%$1M525.0K
30INTCINTEL CORPhistory →COM1.04%$1M50.0K
31CASA1EURCASA SYS INCCOM0.81%$1M375.0K
32SMARGBPSMARTSHEET INCCOM CL A0.77%$984,00025.0K
33MATTERPORT INCCOM CL A0.77%$980,000350.0K
34VERANO HOLDINGS CORPCOM0.74%$936,000300.0K
35EDGIO INCCOM0.71%$904,000800.0K
36RNGRINGCENTRAL INCCL A0.70%$885,00025.0K
37EVCMEVERCOMMERCE INCCOM0.61%$781,200105.0K
38CERAGON NETWORKS LTDORD0.60%$764,000400.0K
39GTIIGREEN THUMB INDUSTRIES INCCOM0.54%$691,20080.0K
40CLCRESCO LABS INC-SUBORDINATECOM0.42%$540,000300.0K
418DTSQUARESPACE INCCLASS A0.40%$509,91023.0K
422XW1CURALEAF HOLDINGS INCCOM0.34%$429,730100.0K
43AIPARTERIS INCCOM0.17%$215,00050.0K
44JACK CREEK INVESTMENT CORP*W EXP 10/01/2020.02%$23,111110.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$368M37May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$455M41Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$319M44Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$270M42Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$231M38May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$217M44Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$178M41Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$201M41Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$264M48May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$202M58Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$142M43Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$190M50Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$140M47May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$127M44Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$112M41Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$123M45Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$135M42May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$152M45Feb 14, 202213F-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 ↗.