SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Islet Management, LP

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

Reported Value
$2.4B
Q1 2022
Positions
120
Filings on Record
20
2019–present window
Filed
May 13, 2022
original filing

Summary

Islet Management, LP reported $2.4B in U.S.-listed holdings across 120 positions for Q1 2022.

Its largest position, ENOV, represents 2.4% of the portfolio.

Compared with Q4 2021, the fund opened 38 new positions and exited 93.

Portfolio Metrics

Turnover
+34.4%
vs prior filed quarter
Top-10 Concentration
+11.1%
share of reported value
Largest Position
+2.4%
Colfax
New / Exited
38 / 93
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
ETP: 45.2%Common Stock: 44.7%Other: 5.7%ADR: 2.3%REIT: 2.1%Equity WRT: 0.0%
  • ETP · 45.2% · $1.1B
  • Common Stock · 44.7% · $1.1B
  • Other · 5.7% · $139M
  • ADR · 2.3% · $56M
  • REIT · 2.1% · $52M
  • Equity WRT · 0.0% · $258,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ZENDESK INCNEW+700.0K700.0K+$84M$84M
ENOVCOLFAX CORPNEW+1.20M1.20M+$82M$82M
SRJSPARTANNASH CONEW+1.40M1.40M+$46M$46M
MSFTMICROSOFT CORPNEW+115.0K115.0K+$35M$35M
VYXNCR CORP NEWNEW+825.0K825.0K+$33M$33M
MOMENTIVE GLOBAL INCNEW+2.00M2.00M+$33M$33M
EPAMEPAM SYS INCNEW+93.5K93.5K+$28M$28M
SHELSHELL PLCNEW+400.0K400.0K+$22M$22M

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

Holdings — Q1 2022

83 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ENOVCOLFAX CORPhistory →COM2.38%$58M850.0K
2BRSLINTERNATIONAL GAME TECHNOLOGhistory →SHS USD1.21%$30M1.20M
3PPCPILGRIMS PRIDE CORPhistory →COM1.20%$29M1.17M
4VYXNCR CORP NEWhistory →COM1.11%$27M675.0K
5KSSKOHLS CORPhistory →COM0.99%$24M400.0K
6LESLIES INCCOM0.99%$24M1.25M
7USFDUS FOODS HLDG CORPhistory →COM0.85%$21M550.0K
8MSFTMICROSOFT CORPhistory →COM0.82%$20M65.0K
9LXP INDUSTRIAL TRUSTCOM0.80%$20M1.25M
10IRINGERSOLL RAND INChistory →COM0.77%$19M375.0K
11PING IDENTITY HLDG CORPCOM0.71%$17M631.6K
12AGILON HEALTH INCCOM0.67%$16M650.0K
13TIXTTELUS INTL CDA INChistory →SUB VTG SHS0.67%$16M660.4K
14AMZNAMAZON COM INChistory →COM0.67%$16M5.0K
15BKRBAKER HUGHES COMPANYhistory →CL A0.63%$15M423.1K
16AVTRAVANTOR INChistory →COM0.61%$15M437.1K
17UBERUBER TECHNOLOGIES INChistory →COM0.58%$14M400.0K
18LOGISTICS INNOVTN TECHNLGS CUNIT 06/10/20260.58%$14M1.43M
19GOOGLALPHABET INChistory →CAP STK CL A0.57%$14M5.0K
20INVHINVITATION HOMES INChistory →COM0.56%$14M343.4K
21EPAMEPAM SYS INChistory →COM0.53%$13M43.5K
22ASOACADEMY SPORTS & OUTDOORS INhistory →COM0.52%$13M325.0K
23UNITI GROUP INCCOM0.52%$13M923.4K
24APGAPI GROUP CORPhistory →COM STK0.51%$12M590.0K
25HEALTHCARE TR AMER INCCL A NEW0.51%$12M400.0K
26ZENDESK INCCOM0.49%$12M100.0K
27BMBLBUMBLE INChistory →COM CL A0.47%$12M400.0K
28FDXFEDEX CORPhistory →COM0.47%$12M50.0K
29TMHCTAYLOR MORRISON HOME CORPhistory →COM0.47%$12M425.0K
30OXYOCCIDENTAL PETE CORPhistory →COM0.46%$11M200.0K
31GTESGATES INDL CORP PLChistory →ORD SHS0.45%$11M735.0K
32BWINBRP GROUP INChistory →COM CL A0.44%$11M400.0K
33FCNCAFIRST CTZNS BANCSHARES INC NCL A0.41%$10M15.0K
34VRRMVERRA MOBILITY CORPCOM0.40%$10M596.2K
35CZRCAESARS ENTERTAINMENT INC NECOM0.40%$10M125.0K
36GRAFTECH INTL LTDCOM0.39%$10M1.00M
37SESEA LTDSPONSORD ADS0.39%$10M80.0K
38TBCHTURTLE BEACH CORPCOM NEW0.38%$9M440.0K
39SOUTHWESTERN ENERGY COCOM0.37%$9M1.25M
40MISTER CAR WASH INCCOM0.36%$9M600.0K
41CHDNCHURCHILL DOWNS INCCOM0.36%$9M40.0K
42IRTCIRHYTHM TECHNOLOGIES INCCOM0.35%$9M55.0K
43DLOCAL LTDCLASS A COM0.35%$9M274.8K
44MQMARQETA INCCLASS A COM0.34%$8M750.0K
45SHELSHELL PLCSPON ADS0.34%$8M150.0K
46TMUST-MOBILE US INCCOM0.32%$8M60.0K
47TPRTAPESTRY INCCOM0.30%$7M200.0K
48BVBRIGHTVIEW HLDGS INCCOM0.29%$7M527.4K
49TECKTECK RESOURCES LTDCL B0.29%$7M175.0K
50ALGMALLEGRO MICROSYSTEMS INCCOM0.28%$7M245.0K
51WSCWILLSCOT MOBIL MINI HLDNG COCOM CL A0.28%$7M175.0K
52PCORPROCORE TECHNOLOGIES INCCOM0.27%$7M115.0K
53NEW RELIC INCCOM0.25%$6M90.0K
54VRTVERTIV HOLDINGS COCOM CL A0.24%$6M425.0K
55UNHUNITEDHEALTH GROUP INCCOM0.21%$5M10.0K
56SRJSPARTANNASH COCOM0.20%$5M150.0K
57EXPEEXPEDIA GROUP INCCOM NEW0.20%$5M25.0K
58ESTCELASTIC N VORD SHS0.18%$4M50.0K
59EVERBRIDGE INCCOM0.18%$4M100.0K
60AMERICAN WELL CORPCL A0.17%$4M990.8K
61HESMHESS MIDSTREAM LPCL A SHS0.17%$4M140.0K
62IGM BIOSCIENCES INCCOM0.14%$4M131.7K
63WAVERLEY CAPITAL ACQUIS CORPSHS CL A · *W EXP 07/15/2020.14%$3M516.7K
64HRUSDHEALTHCARE RLTY TRCOM0.14%$3M125.0K
65WGSWWSEMA4 HOLDINGS CORPCOM CL A · *W EXP 07/22/2020.11%$3M1.06M
66PSTLPOSTAL REALTY TRUST INCCL A0.11%$3M160.1K
67DISRUPTIVE ACQUISITION CORPCLASS A ORD SHS · *W EXP 03/06/2020.10%$2M330.7K
68NCNONCINO INCCOM0.08%$2M50.0K
69CLVTCLARIVATE PLCORD SHS0.08%$2M121.8K
70VCTRVICTORY CAP HLDGS INCCOM CL A0.07%$2M59.8K
71CNMCORE & MAIN INCCL A0.05%$1M50.0K
72NEOGAMES S ASHS0.04%$941,00061.0K
73AVDXAVIDXCHANGE HOLDINGS INCCOM0.02%$403,00050.0K
74SOMALOGIC INC*W EXP 08/31/2020.01%$286,000140.0K
75BOXED INC*W EXP 12/08/2020.01%$268,000250.0K
76EQRX INC*W EXP 12/17/2020.01%$165,000200.0K
77RGTIWRIGETTI COMPUTING INC*W EXP 99/99/9990.00%$114,00087.5K
78JAWS MUSTANG ACQUISITION COR*W EXP 01/30/2020.00%$53,000108.4K
79CAZOO GROUP LTD*W EXP 08/26/2020.00%$47,000125.0K
80MEDTECH ACQUISITION CORP*W EXP 12/22/2020.00%$42,000164.0K
81BABYLON HLDGS LTD*W EXP 10/21/2020.00%$40,00075.5K
82SVF INVESTMENT CORP*W EXP 12/20/2020.00%$40,00071.3K
83THUNDER BRIDGE CAP PRTNRS II*W EXP 02/01/2020.00%$26,00050.0K

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 ↗.