SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Islet Management, LP

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

Reported Value
$49M
Q2 2023
Positions
23
Filings on Record
19
2019–present window
Filed
Aug 14, 2023
original filing

Summary

Islet Management, LP reported $49M in U.S.-listed holdings across 23 positions for Q2 2023.

Its largest position, Fubotv, represents 9.7% of the portfolio.

Compared with Q1 2023, the fund opened 11 new positions and exited 22.

Portfolio Metrics

Turnover
+17.2%
vs prior filed quarter
Largest Position
+9.7%
Fubotv
New / Exited
11 / 22
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
Q1 ’19: $866MQ1 ’19Q2 ’19: $874MQ3 ’19: $800MQ4 ’19: $1.1BQ4 ’19Q1 ’20: $685MQ2 ’20: $879MQ3 ’20: $1.5BQ3 ’20Q4 ’20: $2.2BQ1 ’21: $4.1BQ2 ’21: $3.6BQ2 ’21Q3 ’21: $4.6BQ4 ’21: $3.7BQ1 ’22: $2.4BQ1 ’22Q2 ’22: $984MQ3 ’22: $379MQ4 ’22: $148MQ4 ’22Q1 ’23: $206MQ2 ’23: $49MQ3 ’23: $0Q3 ’23filingsflow.com

Portfolio Composition

By security type
Common Stock: 67.0%ETP: 16.6%US DOMESTIC: 8.9%Other: 6.8%ADR: 0.8%
  • Common Stock · 67.0% · $33M
  • ETP · 16.6% · $8M
  • US DOMESTIC · 8.9% · $4M
  • Other · 6.8% · $3M
  • ADR · 0.8% · $385,500

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GRPNGROUPON INCNEW+795.0K795.0K+$5M$5M
SCULPTOR CAP MGMTNEW+380.0K380.0K+$3M$3M
BMEABIOMEA FUSION INCNEW+120.0K120.0K+$3M$3M
WALKME LTDNEW+215.2K215.2K+$2M$2M
AIC3 AI INCNEW+50.0K50.0K+$2M$2M
MTDRMATADOR RES CONEW+25.0K25.0K+$1M$1M
ALLOT LTDNEW+400.0K400.0K+$1M$1M
OLO INCNEW+175.0K175.0K+$1M$1M

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

Holdings — Q2 2023

9 positions (from 10 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1FUBOTV INCNOTE 3.250% 2/1 · COM9.71%$5M7.70M
2MTDRMATADOR RES COhistory →COM2.67%$1M25.0K
3SCULPTOR CAP MGMTCOM CL A2.25%$1M125.0K
4TBCHTURTLE BEACH CORPhistory →COM NEW2.14%$1M90.0K
5GRPNGROUPON INChistory →COM NEW1.93%$945,600160.0K
6AMDADVANCED MICRO DEVICES INChistory →COM1.74%$854,3257.5K
7WALKME LTDORD SHS0.98%$480,00050.0K
8EDNEMPRESA DIST Y COMERCIAL NORSPON ADR0.79%$385,50025.0K
9ALLOT LTDSHS0.64%$316,000100.0K

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 ↗

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 ↗.