SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Advantage Alpha Capital Partners LP

CIK 0001762344 · 1160 BATTERY STREET, EAST BUILDING, SUITE 100, SAN FRANCISCO, CA, 94111 · 4153437077

Reported Value
$476M
Q3 2023
Positions
93
Filings on Record
25
2020–present window
Filed
Nov 14, 2023
original filing

Summary

Advantage Alpha Capital Partners LP reported $476M in U.S.-listed holdings across 93 positions for Q3 2023.

Its largest position, LKQ, represents 2.5% of the portfolio.

Compared with Q2 2023, the fund opened 10 new positions and exited 4.

Portfolio Metrics

Turnover
+15.2%
vs prior filed quarter
Top-10 Concentration
+20.5%
share of reported value
Largest Position
+2.5%
Lkq
New / Exited
10 / 4
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 ’19: $371MQ4 ’19Q1 ’20: $281MQ2 ’20: $427MQ3 ’20: $433MQ4 ’20: $457MQ4 ’20Q1 ’21: $475MQ2 ’21: $519MQ3 ’21: $549MQ4 ’21: $702MQ4 ’21Q1 ’22: $668MQ2 ’22: $579MQ3 ’22: $544MQ4 ’22: $493MQ4 ’22Q1 ’23: $480MQ2 ’23: $500MQ3 ’23: $476MQ4 ’23: $528MQ4 ’23Q1 ’24: $532MQ2 ’24: $458MQ3 ’24: $439MQ4 ’24: $423MQ4 ’24Q1 ’25: $408MQ2 ’25: $371MQ3 ’25: $332MQ4 ’25: $0Q4 ’25filingsflow.com

Portfolio Composition

By security type
Common Stock: 95.1%Other: 4.9%
  • Common Stock · 95.1% · $453M
  • Other · 4.9% · $23M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CWSTCASELLA WASTE SYS INCNEW+92.5K92.5K+$7M$7M
GGGGRACO INCNEW+50.5K50.5K+$4M$4M
KAIKADANT INCNEW+16.0K16.0K+$4M$4M
NOVTNOVANTA INCNEW+23.8K23.8K+$3M$3M
HLITHARMONIC INCNEW+342.3K342.3K+$3M$3M
MSMMSC INDL DIRECT INCNEW+30.8K30.8K+$3M$3M
RXORXO INCNEW+129.9K129.9K+$3M$3M
CXMSPRINKLR INCNEW+165.9K165.9K+$2M$2M

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

Holdings — Q3 2023

93 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LKQLKQ CORPhistory →COM2.47%$12M237.4K
2FCFSFIRSTCASH HOLDINGS INChistory →COM2.35%$11M111.4K
3WCCWESCO INTL INChistory →COM2.14%$10M70.7K
4PLNTPLANET FITNESS INChistory →CL A2.10%$10M203.0K
5NATIONAL INSTRS CORPCOM2.03%$10M161.7K
6MIDDMIDDLEBY CORPhistory →COM1.95%$9M72.6K
7ROADCONSTRUCTION PARTNERS INChistory →COM CL A1.92%$9M249.3K
8GTMZOOMINFO TECHNOLOGIES INChistory →COMMON STOCK1.90%$9M551.5K
9FAFFIRST AMERN FINL CORPhistory →COM1.87%$9M157.9K
10AXONAXON ENTERPRISE INChistory →COM1.83%$9M43.8K
11DARDARLING INGREDIENTS INChistory →COM1.82%$9M166.2K
12RBARB GLOBAL INChistory →COM1.80%$9M137.0K
13LPLALPL FINL HLDGS INChistory →COM1.78%$8M35.6K
14GWREGUIDEWIRE SOFTWARE INChistory →COM1.77%$8M93.4K
15WSCWILLSCOT MOBIL MINI HLDNG COhistory →COM CL A1.76%$8M201.3K
16EHCENCOMPASS HEALTH CORPhistory →COM1.72%$8M122.3K
17RBCRBC BEARINGS INChistory →COM1.67%$8M33.9K
18AIZASSURANT INChistory →COM1.65%$8M54.8K
19PRIMO WATER CORPORATIONCOM1.58%$7M543.4K
20KEXKIRBY CORPhistory →COM1.53%$7M88.2K
21QUAKER HOUGHTONCOM1.51%$7M44.9K
22POWERSCHOOL HOLDINGS INCCOM CL A1.49%$7M312.7K
23CWSTCASELLA WASTE SYS INChistory →CL A1.48%$7M92.5K
24HQYHEALTHEQUITY INChistory →COM1.48%$7M96.3K
25AGILON HEALTH INCCOM1.42%$7M379.9K
26KNSLKINSALE CAP GROUP INChistory →COM1.32%$6M15.2K
27TOPBUILD CORPCOM1.24%$6M23.4K
28EYENATIONAL VISION HLDGS INChistory →COM1.21%$6M355.8K
29LFUSLITTELFUSE INChistory →COM1.21%$6M23.3K
30NCNONCINO INChistory →COM1.20%$6M180.0K
31HUBSHUBSPOT INChistory →COM1.20%$6M11.6K
32SITESITEONE LANDSCAPE SUPPLY INChistory →COM1.19%$6M34.6K
33ESABESAB CORPORATIONhistory →COM1.15%$5M77.6K
34EVENTBRITE INCCOM CL A1.13%$5M546.8K
35CWCURTISS WRIGHT CORPhistory →COM1.11%$5M27.0K
36APPNAPPIAN CORPhistory →CL A1.09%$5M113.8K
37ZETAZETA GLOBAL HOLDINGS CORPhistory →CL A1.06%$5M606.2K
38MASONITE INTL CORPCOM1.05%$5M53.7K
39BFAMBRIGHT HORIZONS FAM SOL IN Dhistory →COM1.05%$5M61.5K
40BLBLACKLINE INChistory →COM1.05%$5M89.7K
41CCOICOGENT COMMUNICATIONS HLDGShistory →COM NEW1.04%$5M79.7K
42AINALBANY INTL CORPhistory →CL A1.03%$5M56.7K
43FOXFFOX FACTORY HLDG CORPhistory →COM1.00%$5M48.1K
44VRNSVARONIS SYS INCCOM0.99%$5M153.9K
45FORWARD AIR CORPCOM0.98%$5M67.9K
46UFPIUFP INDUSTRIES INCCOM0.98%$5M45.5K
47ESEESCO TECHNOLOGIES INCCOM0.97%$5M44.3K
48STSENSATA TECHNOLOGIES HLDG PLSHS0.97%$5M122.1K
49GOGROCERY OUTLET HLDG CORPCOM0.94%$4M155.1K
50AWIARMSTRONG WORLD INDS INC NEWCOM0.93%$4M61.8K
51HIRERIGHT HOLDINGS CORPORATICOM0.92%$4M459.6K
52CLEARWATER ANALYTICS HLDGS ICL A0.90%$4M221.2K
53PFSIPENNYMAC FINL SVCS INC NEWCOM0.89%$4M63.6K
54CCCCCC INTELLIGENT SOLUTIONS HLCOM0.88%$4M312.5K
55OLO INCCL A0.84%$4M662.1K
56RDNTRADNET INCCOM0.84%$4M141.6K
57TNETTRINET GROUP INCCOM0.84%$4M34.2K
58BEACON ROOFING SUPPLY INCCOM0.83%$4M50.9K
59WKWORKIVA INCCOM CL A0.82%$4M38.6K
60ENOVENOVIS CORPORATIONCOM0.81%$4M73.4K
61CHHCHOICE HOTELS INTL INCCOM0.80%$4M31.3K
62SSDSIMPSON MFG INCCOM0.78%$4M24.9K
63ZWSZURN ELKAY WATER SOLNS CORPCOM0.78%$4M132.7K
64PAYPAYMENTUS HOLDINGS INCCOM CL A0.78%$4M222.8K
65GGGGRACO INCCOM0.77%$4M50.5K
66KAIKADANT INCCOM0.76%$4M16.0K
67PRVAPRIVIA HEALTH GROUP INCCOM0.75%$4M154.2K
68WMSADVANCED DRAIN SYS INC DELCOM0.72%$3M30.2K
69NOVTNOVANTA INCCOM0.72%$3M23.8K
70GMS INCCOM0.69%$3M51.7K
71HLITHARMONIC INCCOM0.69%$3M342.3K
72TRUPTRUPANION INCCOM0.67%$3M112.7K
73MSMMSC INDL DIRECT INCCL A0.63%$3M30.8K
74OMCLOMNICELL COMCOM0.61%$3M64.1K
75FNDFLOOR & DECOR HLDGS INCCL A0.58%$3M30.7K
76EWCZEUROPEAN WAX CTR INCCLASS A COM0.58%$3M170.6K
77STEVANATO GROUP S P AORD SHS0.57%$3M91.3K
78WSOWATSCO INCCOM0.54%$3M6.8K
79RXORXO INCCOMMON STOCK0.54%$3M129.9K
80PCORPROCORE TECHNOLOGIES INCCOM0.51%$2M37.1K
81LESLIES INCCOM0.50%$2M422.7K
82NGVTINGEVITY CORPCOM0.49%$2M49.1K
83DHDEFINITIVE HEALTHCARE CORPCLASS A COM0.49%$2M291.9K
84CXMSPRINKLR INCCL A0.48%$2M165.9K
85HLIOHELIOS TECHNOLOGIES INCCOM0.48%$2M41.1K
86HELEHELEN OF TROY LTDCOM0.48%$2M19.6K
87CERTCERTARA INCCOM0.48%$2M156.5K
88IASINTEGRAL AD SCIENCE HLDNG COCOM0.47%$2M190.1K
89TREXTREX CO INCCOM0.47%$2M36.6K
90BOOTBOOT BARN HLDGS INCCOM0.46%$2M26.8K
91UPWKUPWORK INCCOM0.43%$2M179.5K
92DVDOUBLEVERIFY HLDGS INCCOM0.36%$2M61.4K
93SWIMLATHAM GROUP INCCOM0.27%$1M464.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2025$01Jan 22, 202613F-HRchanges · EDGAR ↗
Q3 2025$332M130Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$371M119Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$408M146May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$423M153Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$439M167Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$458M154Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$532M158May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$528M154Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$476M93Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$500M88Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$480M115May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$493M101Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$544M89Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$579M115Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$668M126May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$702M130Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$549M132Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$519M131Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$475M130May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$457M106Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$433M83Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$427M88Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$281M91May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$371M90Feb 14, 202013F-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 ↗.