SEC 13F Intelligence

Managers / Q3 2021 · view latest →

Islet Management, LP

CIK 0001721508 · 590 MADISON AVENUE, 27TH FLOOR, NEW YORK, NY, 10022 · 212.381.1990

Reported Value
$4.6B
Q3 2021
Positions
200
Filings on Record
20
2019–present window
Filed
Nov 15, 2021
original filing

Summary

Islet Management, LP reported $4.6B in U.S.-listed holdings across 200 positions for Q3 2021.

Its largest position, STT, represents 1.2% of the portfolio.

Compared with Q2 2021, the fund opened 130 new positions and exited 91.

Portfolio Metrics

Turnover
+51.5%
vs prior filed quarter
Top-10 Concentration
+9.7%
share of reported value
Largest Position
+1.2%
State Str
New / Exited
130 / 91
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: $628MQ4 ’18Q1 ’19: $866MQ2 ’19: $874MQ3 ’19: $800MQ3 ’19Q4 ’19: $1.1BQ1 ’20: $685MQ2 ’20: $879MQ2 ’20Q3 ’20: $1.5BQ4 ’20: $2.2BQ1 ’21: $4.1BQ1 ’21Q2 ’21: $3.6BQ3 ’21: $4.6BQ4 ’21: $3.7BQ4 ’21Q1 ’22: $2.4BQ2 ’22: $984MQ3 ’22: $379MQ3 ’22Q4 ’22: $148MQ1 ’23: $206MQ2 ’23: $49MQ2 ’23Q3 ’23: $0filingsflow.com

Portfolio Composition

By security type
Common Stock: 58.5%ETP: 31.2%Other: 6.0%ADR: 2.6%REIT: 1.7%
  • Common Stock · 58.5% · $2.7B
  • ETP · 31.2% · $1.4B
  • Other · 6.0% · $278M
  • ADR · 2.6% · $122M
  • REIT · 1.7% · $77M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MSFTMICROSOFT CORPNEW+250.0K250.0K+$70M$70M
ZMZOOM VIDEO COMMUNICATIONS INNEW+225.0K225.0K+$59M$59M
EXPEEXPEDIA GROUP INCNEW+350.0K350.0K+$57M$57M
STTSTATE STR CORPNEW+656.8K656.8K+$56M$56M
SESEA LTDNEW+170.0K170.0K+$54M$54M
BBWIBATH & BODY WORKS INCNEW+850.0K850.0K+$54M$54M
TMUST-MOBILE US INCNEW+400.0K400.0K+$51M$51M
WSCWILLSCOT MOBIL MINI HLDNG CONEW+1.54M1.54M+$49M$49M

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

Holdings — Q3 2021

145 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1STTSTATE STR CORPhistory →COM1.20%$56M656.8K
2SESEA LTDhistory →SPONSORD ADS1.17%$54M170.0K
3TMUST-MOBILE US INChistory →COM1.10%$51M400.0K
4WSCWILLSCOT MOBIL MINI HLDNG COhistory →COM CL A1.06%$49M1.54M
5COLFAX CORPCOM1.03%$48M1.04M
6ASOACADEMY SPORTS & OUTDOORS INhistory →COM0.86%$40M999.5K
7BRSLINTERNATIONAL GAME TECHNOLOGhistory →SHS USD0.84%$39M1.48M
8HIGHARTFORD FINL SVCS GROUP INChistory →COM0.83%$39M550.0K
9APGAPI GROUP CORPhistory →COM STK0.82%$38M1.87M
10BILLBILL COM HLDGS INChistory →COM0.78%$36M135.0K
11BURLBURLINGTON STORES INChistory →COM0.67%$31M110.0K
12AIGAMERICAN INTL GROUP INChistory →COM NEW0.65%$30M550.0K
13GLOBAL E ONLINE LTDSHS0.62%$29M402.6K
14DELLDELL TECHNOLOGIES INChistory →CL C0.62%$29M275.0K
15IRINGERSOLL RAND INChistory →COM0.60%$28M550.0K
16CRMSALESFORCE COM INChistory →COM0.59%$27M100.0K
17SSENTINELONE INChistory →CL A0.58%$27M500.0K
18IFFINTERNATIONAL FLAVORS&FRAGRAhistory →COM0.58%$27M200.0K
19DISHDISH NETWORK CORPORATIONhistory →CL A0.56%$26M600.0K
20PFGCPERFORMANCE FOOD GROUP COhistory →COM0.55%$26M550.0K
21FCNCAFIRST CTZNS BANCSHARES INC Nhistory →CL A0.55%$25M30.0K
22HEALTHCARE TR AMER INCCL A NEW0.54%$25M850.0K
23FFORD MTR CO DELhistory →COM0.53%$25M1.75M
24MTCHMATCH GROUP INC NEWhistory →COM0.51%$24M150.0K
25TIXTTELUS INTL CDA INChistory →SUB VTG SHS0.49%$23M648.3K
26SNOWSNOWFLAKE INChistory →CL A0.49%$23M75.0K
27VMWARE INCCL A COM0.48%$22M150.0K
28SNAPSNAP INChistory →CL A0.48%$22M300.0K
29AJGGALLAGHER ARTHUR J & COhistory →COM0.47%$22M145.0K
30LIBERTY MEDIA CORP DELCOM C SIRIUSXM0.47%$22M454.0K
31VICIVICI PPTYS INChistory →COM0.46%$21M750.0K
32CPNGCOUPANG INChistory →CL A0.45%$21M750.0K
33PCORPROCORE TECHNOLOGIES INChistory →COM0.43%$20M225.4K
34BMBLBUMBLE INChistory →COM CL A0.43%$20M400.0K
35RBCRBC BEARINGS INChistory →COM0.43%$20M93.7K
36CZRCAESARS ENTERTAINMENT INC NEhistory →COM0.42%$20M175.0K
37CALYCALLAWAY GOLF COhistory →COM0.42%$19M704.3K
38CHDNCHURCHILL DOWNS INChistory →COM0.41%$19M79.5K
39PPCPILGRIMS PRIDE CORPhistory →COM0.41%$19M655.0K
40UUNITY SOFTWARE INChistory →COM0.41%$19M150.0K
41BBWIBATH & BODY WORKS INChistory →COM0.41%$19M300.0K
42LYVLIVE NATION ENTERTAINMENT INhistory →COM0.39%$18M200.0K
43AFRMAFFIRM HLDGS INChistory →COM CL A0.39%$18M150.0K
44WALKME LTDORD SHS0.39%$18M600.0K
45LESLIES INCCOM0.38%$17M848.7K
46AZEKAZEK CO INChistory →CL A0.37%$17M475.0K
47MGMMGM RESORTS INTERNATIONALhistory →COM0.37%$17M400.0K
48AGILON HEALTH INCCOM0.37%$17M650.0K
49FIGSFIGS INChistory →CL A0.37%$17M458.2K
50BWINBRP GROUP INChistory →COM CL A0.36%$17M500.0K
51EXPEEXPEDIA GROUP INChistory →COM NEW0.35%$16M100.0K
52ESTCELASTIC N Vhistory →ORD SHS0.35%$16M110.0K
53SVB FINANCIAL GROUPCOM0.35%$16M25.0K
54HHYATT HOTELS CORPhistory →COM CL A0.33%$15M200.0K
55EQTEQT CORPhistory →COM0.33%$15M750.0K
56MONTROSE ENVIRONMENTAL GROUPCOM0.33%$15M245.0K
57CONFLUENT INCCLASS A COM0.32%$15M250.0K
58CSSEQCHICKEN SOUP FOR THE SOUL ENhistory →CL A0.32%$15M638.8K
59NKENIKE INChistory →CL B0.31%$15M100.0K
60MCAFEE CORPCOM CL A0.31%$14M655.0K
61CNICANADIAN NATL RY COhistory →COM0.31%$14M125.0K
62NCINO INCCOM0.31%$14M200.0K
63INVHINVITATION HOMES INChistory →COM0.28%$13M343.4K
64GTESGATES INDUSTRIAL CORPRATIN Phistory →ORD SHS0.28%$13M800.0K
65COURCOURSERA INChistory →COM0.27%$13M400.0K
66LOGISTICS INNOVTN TECHNLGS CUNIT 06/10/20260.27%$13M1.27M
67CNCCENTENE CORP DELhistory →COM0.27%$12M200.0K
68LAWCS DISCO INChistory →COM0.26%$12M250.0K
69MISTER CAR WASH INCCOM0.26%$12M650.0K
70PING IDENTITY HLDG CORPCOM0.26%$12M481.6K
71AVTRAVANTOR INChistory →COM0.25%$12M287.1K
72FOURSHIFT4 PMTS INChistory →CL A0.25%$12M150.0K
73VRTVERTIV HOLDINGS COhistory →COM CL A0.25%$11M475.0K
74TOSTTOAST INChistory →CL A0.24%$11M225.0K
75ORTHO CLINICAL DIAGNOSTICS HORD SHS0.24%$11M603.8K
76CCEPCOCA-COLA EUROPACIFIC PARTNEhistory →SHS0.24%$11M200.0K
77EVHEVOLENT HEALTH INChistory →CL A0.23%$11M350.0K
78SAFEHOLD INCCOM0.23%$11M150.0K
79DTDYNATRACE INChistory →COM NEW0.23%$11M149.2K
80OMFONEMAIN HLDGS INChistory →COM0.23%$11M190.0K
81BKRBAKER HUGHES COMPANYhistory →CL A0.23%$10M423.1K
82GRAFTECH INTL LTDCOM0.22%$10M1.00M
831LIFE HEALTHCARE INCCOM0.22%$10M505.0K
84RHRHhistory →COM0.22%$10M15.0K
85BLMNBLOOMIN BRANDS INChistory →COM0.22%$10M400.0K
86SEMA4 HOLDINGS CORPCOM CL A0.21%$10M1.30M
87KNOWBE4 INCCL A0.20%$9M431.5K
88EVCMEVERCOMMERCE INCCOM0.20%$9M550.0K
89AMERICAN WELL CORPCL A0.19%$9M990.8K
90UBERUBER TECHNOLOGIES INCCOM0.19%$9M200.0K
91FIVEFIVE BELOW INCCOM0.19%$9M50.0K
92DLOCAL LTDCLASS A COM0.19%$9M158.9K
93CLVTCLARIVATE PLCORD SHS0.18%$8M384.1K
94OPTUALTICE USA INCCL A0.18%$8M400.0K
95IRWDIRONWOOD PHARMACEUTICALS INCCOM CL A0.17%$8M600.0K
96LILI AUTO INCSPONSORED ADS0.17%$8M600.0K
97BVBRIGHTVIEW HLDGS INCCOM0.17%$8M527.4K
98SOMALOGIC INCCLASS A COM0.17%$8M625.0K
99TCOMTRIP COM GROUP LTDADS0.15%$7M230.0K
100JELDJELD-WEN HLDG INCCOM0.15%$7M281.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2023$01Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$49M23Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$206M32May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$148M55Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$379M74Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$984M116Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.4B120May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.7B180Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$4.6B200Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$3.6B156Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$4.1B167May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.2B113Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.5B107Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$879M94Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$685M105May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.1B97Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$800M64Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$874M89Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$866M86May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$628M62Feb 13, 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 ↗.