Managers / Q3 2023
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 $49M in U.S.-listed holdings across 18 positions for Q3 2023.
Its largest position, MHO, represents 13.1% of the portfolio.
Compared with Q2 2023, the fund opened 5 new positions and exited 15.
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 · 91.7% · $45M
- US DOMESTIC · 7.2% · $4M
- Other · 1.1% · $539,575
Quarter-over-Quarter Changes full breakdown →
vs Q2 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| MEDMEDIFAST INC | NEW | +50.0K | 50.0K | +$4M | $4M |
| ALTERYX INC | NEW | +79.9K | 79.9K | +$3M | $3M |
| JOEST JOE CO | NEW | +53.2K | 53.2K | +$3M | $3M |
| PLTRPALANTIR TECHNOLOGIES INC | NEW | +150.0K | 150.0K | +$2M | $2M |
| RDVTRED VIOLET INC | NEW | +20.9K | 20.9K | +$417,469 | $417,469 |
| WCCWESCO INTL INC | SOLD OUT | −28.5K | 0 | −$5M | $0 |
| BTMDBIOTE CORP | SOLD OUT | −712.5K | 0 | −$5M | $0 |
| BZHBEAZER HOMES USA INC | SOLD OUT | −141.8K | 0 | −$4M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | MHOM/I HOMES INChistory → | COM | 13.11% | $6M | 75.9K |
| 2 | FORFORESTAR GROUP INChistory → | COM | 11.68% | $6M | 211.0K |
| 3 | UBERUBER TECHNOLOGIES INChistory → | COM | 10.68% | $5M | 113.0K |
| 4 | SKAASKECHERS U S A INChistory → | CL A | 7.26% | $4M | 72.2K |
| 5 | ALTERYX INC | COM CL A | 6.19% | $3M | 79.9K |
| 6 | JOEST JOE COhistory → | COM | 5.94% | $3M | 53.2K |
| 7 | BXCBLUELINX HLDGS INChistory → | COM NEW | 5.79% | $3M | 34.3K |
| 8 | WAYFAIR INC | NOTE 0.625%10/0 | 4.44% | $2M | 2.50M |
| 9 | METAMETA PLATFORMS INChistory → | CL A | 4.07% | $2M | 6.6K |
| 10 | MTHMERITAGE HOMES CORPhistory → | COM | 3.82% | $2M | 15.2K |
| 11 | PLPCPREFORMED LINE PRODS COhistory → | COM | 3.34% | $2M | 10.0K |
| 12 | RLGTRADIANT LOGISTICS INChistory → | COM | 3.31% | $2M | 285.5K |
| 13 | SPLUNK INC | COM | 3.00% | $1M | 10.0K |
| 14 | CHEGG INC | NOTE 0.125% 3/1 | 2.78% | $1M | 1.50M |
| 15 | CONSTELLATION ACQUISITN CORP | UNIT 99/99/9999 | 1.11% | $539,575 | 50.0K |
| 16 | RDVTRED VIOLET INC | COM | 0.86% | $417,469 | 20.9K |
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 ↗.