Managers / Q1 2020 · view latest →
ISZO CAPITAL MANAGEMENT LP
CIK 0001607925 · 590 MADISON AVENUE, 21ST FLOOR, NEW YORK, NY, 10022 · 646-775-4394
Summary
Iszo Capital Management LP reported $65M in U.S.-listed holdings across 10 positions for Q1 2020.
The portfolio is heavily concentrated: Avid Bioservices alone accounts for 44.2% of reported value.
Compared with Q4 2019, the fund opened 7 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 · 67.5% · $44M
- Other · 32.5% · $21M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| KIRKLANDS INC | NEW | +504.4K | 504.4K | +$391,000 | $391,000 |
| BACBK OF AMERICA CORP | NEW | +5.3K | 5.3K | +$112,000 | $112,000 |
| WHEELER REAL ESTATE INVT TR | NEW | +102.4K | 102.4K | +$102,000 | $102,000 |
| CBL & ASSOC PPTYS INC | NEW | +466.8K | 466.8K | +$93,000 | $93,000 |
| CHICOS FAS INC | NEW | +39.9K | 39.9K | +$51,000 | $51,000 |
| BBBLACKBERRY LTD | NEW | +8.8K | 8.8K | +$36,000 | $36,000 |
| ICONIX BRAND GROUP INC | NEW | +27.4K | 27.4K | +$18,000 | $18,000 |
| NAM TAI PPTY INC | ADDED | +1.25M | 3.82M | −$1M | $21M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2020
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | AVID BIOSERVICES INC | COM | 44.24% | $29M | 5.65M |
| 2 | NAM TAI PPTY INC | SHS | 32.21% | $21M | 3.82M |
| 3 | XPELXPEL INChistory → | COM | 22.32% | $15M | 1.45M |
| 4 | KIRKLANDS INC | COM | 0.60% | $391,000 | 504.4K |
| 5 | BACBK OF AMERICA CORP | COM | 0.17% | $112,000 | 5.3K |
| 6 | WHEELER REAL ESTATE INVT TR | COM NEW | 0.16% | $102,000 | 102.4K |
| 7 | CBL & ASSOC PPTYS INC | COM | 0.14% | $93,000 | 466.8K |
| 8 | CHICOS FAS INC | COM | 0.08% | $51,000 | 39.9K |
| 9 | BBBLACKBERRY LTD | COM | 0.06% | $36,000 | 8.8K |
| 10 | ICONIX BRAND GROUP INC | COM NEW | 0.03% | $18,000 | 27.4K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q4 2023 | $2M | 1 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $2M | 3 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $18M | 3 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $19M | 10 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $7M | 7 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $58M | 6 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $64M | 6 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $84M | 5 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $190M | 7 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $227M | 7 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $275M | 8 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $212M | 5 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $96M | 6 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $74M | 5 | Nov 17, 2020 | RESTATEMENT | changes · EDGAR ↗ |
| Q2 2020 | $57M | 10 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $65M | 10 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $69M | 3 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $76M | 4 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $64M | 2 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $61M | 5 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $92M | 5 | Feb 14, 2019 | 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 ↗.