SEC 13F Intelligence

Managers / Q1 2021 · view latest →

Kent Lake Capital LLC

CIK 0001777141 · 1 E LIBERTY ST, STE 600 #1025, RENO, NV, 89501 · 4157992720

Reported Value
$246M
Q1 2021
Positions
30
includes revealed positions
Filings on Record
16
2019–present window
Filed
May 17, 2021
original filing

Summary

Kent Lake Capital LLC reported $246M in U.S.-listed holdings across 30 positions for Q1 2021.

Its largest position, UPWK, represents 9.1% of the portfolio.

Compared with Q4 2020, the fund opened 8 new positions and exited 10.

Portfolio Metrics

Turnover
+13.8%
vs prior filed quarter
Top-10 Concentration
+64.2%
share of reported value
Largest Position
+9.1%
Upwork
New / Exited
8 / 10
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. 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 ’20: $211MQ4 ’20Q1 ’21: $246MQ2 ’21: $261MQ2 ’21Q3 ’21: $233MQ4 ’21: $193MQ4 ’21Q1 ’22: $161MQ2 ’22: $182MQ2 ’22Q3 ’22: $153MQ4 ’22: $167MQ4 ’22Q1 ’23: $148MQ2 ’23: $218MQ2 ’23Q3 ’23: $260MQ4 ’23: $259MQ4 ’23Q1 ’24: $229MQ2 ’24: $222MQ2 ’24filingsflow.com

Portfolio Composition

By security type
Common Stock: 78.6%Other: 14.2%ADR: 5.3%ETP: 2.0%
  • Common Stock · 78.6% · $193M
  • Other · 14.2% · $35M
  • ADR · 5.3% · $13M
  • ETP · 2.0% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CRITEO S ANEW+304.8K304.8K+$11M$11M
ARK INNOVATION ETFREVEALEDNEW+40.0K40.0K+$5M$5M
ALTIMETER GROWTH CORP 2NEW+405.3K405.3K+$4M$4M
FLWS1-800-FLOWERS.COM INCNEW+100.0K100.0K+$3M$3M
TALEND S ANEW+39.4K39.4K+$3M$3M
ALTIMETER GROWTH CORPNEW+68.1K68.1K+$797,000$797,000
DEERFIELD HEALTHCARE TECH ACNEW+29.9K29.9K+$69,000$69,000
DFP HEALTHCARE ACQUISITNS CONEW+36.3K36.3K+$49,000$49,000

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

Holdings — Q1 2021REVEALED

28 positions
#IssuerClass% PortfolioValueShares
1UPWKUPWORK INChistory →COM9.11%$22M500.0K
2SSTKSHUTTERSTOCK INChistory →COM8.58%$21M236.8K
3AHCOADAPTHEALTH CORPhistory →COM CL A7.48%$18M500.0K
4VCELVERICEL CORPhistory →COM7.35%$18M325.0K
5STIMNEURONETICS INChistory →COM6.07%$15M1.21M
6ENSGENSIGN GROUP INChistory →COM5.76%$14M151.0K
7XPELXPEL INChistory →COM5.70%$14M270.0K
8PRCHPORCH GROUP INChistory →COM5.40%$13M750.1K
9FIVERR INTL LTDORD SHS4.42%$11M50.0K
10CRITEO S ASPONS ADS4.31%$11M304.8K
11DFP HEALTHCARE ACQUISITNS COCOM CL A · *W EXP 03/31/2024.08%$10M1.04M
12MFS1EURWELBILT INChistory →COM3.14%$8M475.0K
13DEERFIELD HEALTHCARE TECH ACCOM CL A · *W EXP 07/16/2022.97%$7M627.5K
14PNTGPENNANT GROUP INCREVEALEDhistory →COM2.83%$7M151.9K
15G2CEVERI HLDGS INChistory →COM2.76%$7M480.0K
16MCRIMONARCH CASINO & RESORT INChistory →COM2.35%$6M95.1K
17ADUSADDUS HOMECARE CORPREVEALEDhistory →COM2.34%$6M55.0K
18ITGRINTEGER HLDGS CORPhistory →COM2.25%$6M60.0K
19FRANCHISE GROUP INCCOM2.06%$5M140.0K
20ARK INNOVATION ETFREVEALEDUNIT1.95%$5M40.0K
21ALTIMETER GROWTH CORP 2COM CL A1.71%$4M405.3K
22GDOTGREEN DOT CORPREVEALEDhistory →CL A1.58%$4M85.0K
23HALOHALOZYME THERAPEUTICS INCREVEALEDhistory →COM1.44%$4M85.0K
24CZRCAESARS ENTERTAINMENT INC NEhistory →COM1.25%$3M35.0K
25FLWS1-800-FLOWERS.COM INChistory →CL A1.12%$3M100.0K
26TALEND S AADS1.02%$3M39.4K
27ALLOT LTDSHS0.65%$2M100.0K
28ALTIMETER GROWTH CORPCL A0.32%$797,00068.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2024$222M44Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$229M43May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$259M47Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$260M52Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$218M50Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$148M35May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$167M38Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$153M37Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$182M47Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$161M39May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$193M37Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$233M31Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$261M28Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021REVEALED$246M30May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$211M32Feb 12, 202113F-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 ↗.