Managers / Q3 2020 · view latest →
Venator Capital Management Ltd.
CIK 0001630413 · 2 BLOOR STREET WEST, SUITE 901, TORONTO, A6, M4W 3E2 · 416-934-7994
Summary
Venator Capital Management Ltd. reported $188M in U.S.-listed holdings across 34 positions for Q3 2020.
Its largest position, OPRX, represents 3.5% of the portfolio.
Compared with Q2 2020, the fund opened 8 new positions and exited 14.
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
- ETP · 49.8% · $94M
- Common Stock · 39.9% · $75M
- US DOMESTIC · 8.5% · $16M
- Other · 1.7% · $3M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SPYSPDR S&P 500 ETF TR | NEW | +125.0K | 125.0K | +$42M | $42M |
| SKYYFIRST TR EXCHANGE TRADED FD | NEW | +250.0K | 250.0K | +$20M | $20M |
| WSCWILLSCOT MOBIL MINI HLDNG CO | NEW | +294.6K | 294.6K | +$5M | $5M |
| CZRCAESARS ENTERTAINMENT INC NE | NEW | +71.2K | 71.2K | +$4M | $4M |
| DRAFTKINGS INC | NEW | +50.0K | 50.0K | +$3M | $3M |
| VONAGE HLDGS CORP | NEW | +2.00M | 2.00M | +$2M | $2M |
| SOCIAL CAP HDOSPHIA HLDG CO | NEW | +116.7K | 116.7K | +$2M | $2M |
| OREUROSISKO GOLD ROYALTIES LTD | NEW | +25.0K | 25.0K | +$296,000 | $296,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2020
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | OPRXOPTIMIZERX CORPhistory → | COM NEW | 3.47% | $7M | 312.9K |
| 2 | LOWLOWES COS INChistory → | COM | 2.80% | $5M | 31.7K |
| 3 | UPLAND SOFTWARE INC | COM | 2.69% | $5M | 134.3K |
| 4 | SKAASKECHERS U S A INChistory → | CL A | 2.67% | $5M | 166.0K |
| 5 | SKYSKYLINE CHAMPION CORPORATIONhistory → | COM | 2.66% | $5M | 186.5K |
| 6 | WSCWILLSCOT MOBIL MINI HLDNG COhistory → | COM CL A | 2.61% | $5M | 294.6K |
| 7 | PLURALSIGHT INC | NOTE 0.375% 3/0 | 2.61% | $5M | 5.50M |
| 8 | LEALEAR CORPhistory → | COM NEW | 2.54% | $5M | 43.8K |
| 9 | RDVTRED VIOLET INChistory → | COM | 2.44% | $5M | 348.7K |
| 10 | MASONITE INTL CORP | COM | 2.42% | $5M | 46.3K |
| 11 | DHID R HORTON INChistory → | COM | 2.41% | $5M | 60.0K |
| 12 | CZRCAESARS ENTERTAINMENT INC NEhistory → | COM | 2.12% | $4M | 71.2K |
| 13 | METAFACEBOOK INChistory → | CL A | 2.09% | $4M | 15.0K |
| 14 | AIR TRANSPORT SERVICES GRP I | COM · NOTE 1.125%10/1 | 1.92% | $4M | 1.10M |
| 15 | DRAFTKINGS INC | COM CL A | 1.57% | $3M | 50.0K |
| 16 | WCCWESCO INTL INChistory → | COM | 1.52% | $3M | 65.0K |
| 17 | XPOXPO LOGISTICS INChistory → | COM | 1.27% | $2M | 28.1K |
| 18 | WWAYFAIR INChistory → | CL A | 1.16% | $2M | 7.5K |
| 19 | TSLATESLA INChistory → | COM | 1.14% | $2M | 5.0K |
| 20 | VONAGE HLDGS CORP | NOTE 1.750% 6/0 | 1.03% | $2M | 2.00M |
| 21 | AVAYA HLDGS CORP | NOTE 2.250% 6/1 | 1.01% | $2M | 2.00M |
| 22 | SOCIAL CAP HDOSPHIA HLDG CO | SHS CL A | 0.86% | $2M | 116.7K |
| 23 | LANDCADIA HLDGS II INC | CL A | 0.84% | $2M | 110.0K |
| 24 | ZVOIZOVIO INC | COM | 0.83% | $2M | 290.0K |
| 25 | 8X8 INC NEW | NOTE 0.500% 2/0 | 0.74% | $1M | 1.50M |
| 26 | LIGAND PHARMACEUTICALS INC | NOTE 0.750% 5/1 | 0.73% | $1M | 1.50M |
| 27 | ATLAS AIR WORLDWIDE HLDGS IN | NOTE 1.875% 6/0 | 0.65% | $1M | 1.00M |
| 28 | GUESS INC | NOTE 2.000% 4/1 | 0.65% | $1M | 1.50M |
| 29 | MARRIOTT VACTINS WORLDWID CO | NOTE 1.500% 9/1 | 0.53% | $990,000 | 1.00M |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2023 | $49M | 18 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $83M | 28 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $70M | 30 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $68M | 33 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $62M | 27 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $66M | 38 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $183M | 55 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $242M | 61 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $210M | 57 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $294M | 71 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $294M | 67 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $236M | 36 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $188M | 34 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $151M | 40 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $97M | 32 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $103M | 26 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $115M | 28 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $103M | 30 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $97M | 35 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $86M | 32 | 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 ↗.