SEC 13F Intelligence

Managers / Q3 2021 · view latest →

Venator Capital Management Ltd.

CIK 0001630413 · 2 BLOOR STREET WEST, SUITE 901, TORONTO, A6, M4W 3E2 · 416-934-7994

Reported Value
$210M
Q3 2021
Positions
57
Filings on Record
20
2019–present window
Filed
Nov 15, 2021
original filing

Summary

Venator Capital Management Ltd. reported $210M in U.S.-listed holdings across 57 positions for Q3 2021.

Its largest position, OPRX, represents 8.2% of the portfolio.

Compared with Q2 2021, the fund opened 6 new positions and exited 20.

Portfolio Metrics

Turnover
+15.8%
vs prior filed quarter
Top-10 Concentration
+43.3%
share of reported value
Largest Position
+8.2%
Optimizerx
New / Exited
6 / 20
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: $86MQ4 ’18Q1 ’19: $97MQ2 ’19: $103MQ3 ’19: $115MQ3 ’19Q4 ’19: $103MQ1 ’20: $97MQ2 ’20: $151MQ2 ’20Q3 ’20: $188MQ4 ’20: $236MQ1 ’21: $294MQ1 ’21Q2 ’21: $294MQ3 ’21: $210MQ4 ’21: $242MQ4 ’21Q1 ’22: $183MQ2 ’22: $66MQ3 ’22: $62MQ3 ’22Q4 ’22: $68MQ1 ’23: $70MQ2 ’23: $83MQ2 ’23Q3 ’23: $49Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 61.7%ETP: 25.2%Other: 8.5%US DOMESTIC: 3.0%Unit: 0.8%GLOBAL: 0.7%
  • Common Stock · 61.7% · $130M
  • ETP · 25.2% · $53M
  • Other · 8.5% · $18M
  • US DOMESTIC · 3.0% · $6M
  • Unit · 0.8% · $2M
  • GLOBAL · 0.7% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NETCLOUDFLARE INCNEW+75.0K75.0K+$8M$8M
BDCBELDEN INCNEW+135.0K135.0K+$8M$8M
LENDINGTREE INCNEW+2.50M2.50M+$2M$2M
SPIRIT AIRLS INCNEW+2.00M2.00M+$2M$2M
AUSTERLITZ ACQUISITION CORPNEW+40.0K40.0K+$404,000$404,000
SUPERNOVA PARTN ACQ CO III LNEW+25.0K25.0K+$247,000$247,000
NOTVQINOTIV INCADDED+163.6K265.0K+$5M$8M
LOVELOVESAC COMPANYADDED+71.4K127.4K+$4M$8M

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

Holdings — Q3 2021

54 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1OPRXOPTIMIZERX CORPhistory →COM NEW8.21%$17M202.0K
2SKAASKECHERS U S A INChistory →CL A4.65%$10M232.5K
3RDVTRED VIOLET INChistory →COM4.45%$9M363.1K
4LOVELOVESAC COMPANYhistory →COM4.00%$8M127.4K
5UBERUBER TECHNOLOGIES INChistory →COM3.80%$8M178.7K
6WSCWILLSCOT MOBIL MINI HLDNG COhistory →COM CL A3.77%$8M250.0K
7BDCBELDEN INChistory →COM3.74%$8M135.0K
8NOTVQINOTIV INChistory →COM3.68%$8M265.0K
9ZIPZIPRECRUITER INChistory →CL A3.68%$8M280.4K
10LIVEPERSON INCCOM3.37%$7M120.2K
11PRCHPORCH GROUP INChistory →COM3.28%$7M390.3K
12CAESARSTONE LTDORD SHS3.01%$6M510.3K
13LOWLOWES COS INChistory →COM1.60%$3M16.6K
14SPLUNK INCCOM1.55%$3M22.5K
15KALEYRA INCCOM1.54%$3M294.0K
16SKYSKYLINE CHAMPION CORPORATIONhistory →COM1.53%$3M53.5K
17LEVILEVI STRAUSS & CO NEWhistory →CL A COM STK1.47%$3M126.3K
18MASONITE INTL CORPCOM1.26%$3M25.0K
19ANTARES PHARMA INCCOM1.22%$3M703.9K
20ALTERYX INCNOTE 1.000% 8/01.10%$2M2.50M
21LENDINGTREE INCNOTE 0.500% 7/11.02%$2M2.50M
22WWAYFAIR INCCL A0.91%$2M7.5K
23SPIRIT AIRLS INCNOTE 1.000% 5/10.90%$2M2.00M
24KKR ACQUISITION HOLDING I COUNIT 99/99/99990.71%$1M150.0K
25TILRAY INCNOTE 5.000%10/00.70%$1M1.50M
26DIGITAL TRANSFORMATN OPT CORUNIT 03/31/20280.70%$1M150.0K
27DRAGONEER GROWTH OPT CORP IICL A SHS0.65%$1M140.5K
28WARBURG PINCUS CAPTAL CORP IUNIT 99/99/99990.47%$996,000100.0K
29ACCELERATE ACQUISITION CORPUNIT 99/99/99990.24%$502,00050.0K
30BITE ACQUISITION CORPUNIT 99/99/99990.24%$499,00050.0K
31CONSTELLATION ACQUISITN CORPUNIT 99/99/99990.24%$496,00050.0K
32DHB CAPITAL CORPUNIT 03/31/20280.23%$494,00050.0K
33FORTRESS VALUE ACQUISI CORPUNIT 03/31/20280.23%$493,00050.0K
34PLUM ACQUISITION CORP IUNIT 03/15/20260.23%$491,00050.0K
35AUSTERLITZ ACQUISITION CORPUNIT 99/99/99990.19%$404,00040.0K
36AFRICAN GOLD ACQUISITION CORUNIT 99/99/99990.12%$253,00025.0K
37ROSS ACQUISITION CORP IIUNIT 99/99/99990.12%$249,00025.0K
38GORES TECHNOLOGY PARTNERS IIUNIT 03/16/20280.12%$249,00025.0K
39GORES HLDGS VIII INCUNIT 02/01/20280.12%$249,00025.0K
40ESM ACQUISITION CORPORATIONUNIT 99/99/99990.12%$248,00025.0K
41ARES ACQUISITION CORPORATIONUNIT 99/99/99990.12%$248,00025.0K
42GOLDEN ARROW MERGER CORPUNIT 07/31/20260.12%$248,00025.0K
43VIRGIN GROUP ACQUISIT CORP IUNIT 99/99/99990.12%$248,00025.0K
44ATLANTIC COASTAL ACQUISTN COUNIT 03/02/20260.12%$247,00025.0K
45ARROWROOT ACQUISITION CORPUNIT 01/29/20260.12%$247,00025.0K
46SUPERNOVA PARTN ACQ CO III LUNIT 99/99/99990.12%$247,00025.0K
47KHOSLA VENTURES ACQUT CO IIICOM CL A0.12%$245,00025.0K
48BLUERIVER ACQUISITION CORPSHS CL A0.12%$244,00025.0K
49APOLLO STRATEGIC GROWTH CAPTSHS CL A0.12%$244,00025.0K
50JACK CREEK INVESTMENT CORPCL A SHS0.12%$244,00025.0K
51MARLIN TECHNOLOGY CORPCL A SHS0.12%$244,00025.0K
52BUILD ACQUISITION CORPCOM CLASS A0.12%$243,00025.0K
53GLOBAL PARTNER ACQISTN CORPCL A SHS0.12%$243,00025.0K
54SPORTS VENTURES ACQUISIN CORCL A SHS0.12%$243,00025.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2023$49M18Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$83M28Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$70M30May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$68M33Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$62M27Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$66M38Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$183M55May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$242M61Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$210M57Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$294M71Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$294M67May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$236M36Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$188M34Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$151M40Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$97M32May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$103M26Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$115M28Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$103M30Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$97M35May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$86M32Feb 14, 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 ↗.