SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Kent Lake Capital LLC

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

Reported Value
$261M
Q2 2021
Positions
28
Filings on Record
16
2019–present window
Filed
Aug 16, 2021
original filing

Summary

Kent Lake Capital LLC reported $261M in U.S.-listed holdings across 28 positions for Q2 2021.

Its largest position, SSTK, represents 10.1% of the portfolio.

Compared with Q1 2021, the fund opened 7 new positions and exited 9.

Portfolio Metrics

Turnover
+18.9%
vs prior filed quarter
Top-10 Concentration
+64.2%
share of reported value
Largest Position
+10.1%
Shutterstock
New / Exited
7 / 9
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 ’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: 82.0%Other: 13.6%ADR: 4.4%
  • Common Stock · 82.0% · $214M
  • Other · 13.6% · $35M
  • ADR · 4.4% · $12M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MGNIMAGNITE INCNEW+300.0K300.0K+$10M$10M
TENNECO INCNEW+300.0K300.0K+$6M$6M
LIVEVOX HOLDING INCNEW+670.3K670.3K+$6M$6M
THE ODP CORPNEW+100.0K100.0K+$5M$5M
SOCIAL CAPITAL HEDOSOPHA HLDNEW+148.4K148.4K+$2M$2M
CAREMAX INCNEW+21.1K21.1K+$272,000$272,000
CAREMAX INCNEW+29.9K29.9K+$141,000$141,000
WELBILT INCSOLD OUT475.0K0$8M$0

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

Holdings — Q2 2021

26 positions
#IssuerClass% PortfolioValueShares
1SSTKSHUTTERSTOCK INChistory →COM10.15%$27M270.0K
2UPWKUPWORK INChistory →COM9.82%$26M440.0K
3XPELXPEL INChistory →COM8.67%$23M270.0K
4STIMNEURONETICS INChistory →COM6.99%$18M1.14M
5AHCOADAPTHEALTH CORPhistory →COM CL A5.51%$14M525.0K
6ENSGENSIGN GROUP INChistory →COM5.01%$13M151.0K
7FIVERR INTL LTDORD SHS4.64%$12M50.0K
8EVERI HLDGS INCCOM4.58%$12M480.0K
9VCELVERICEL CORPhistory →COM4.42%$12M220.0K
10CRTOCRITEO S Ahistory →SPONS ADS4.41%$12M254.8K
11DFP HEALTHCARE ACQUISITNS COCOM CL A · *W EXP 03/31/2024.04%$11M1.09M
12MGNIMAGNITE INChistory →COM3.89%$10M300.0K
13PRCHPORCH GROUP INChistory →COM3.70%$10M500.0K
14MCRIMONARCH CASINO & RESORT INChistory →COM3.04%$8M120.0K
15ITGRINTEGER HLDGS CORPhistory →COM2.89%$8M80.0K
16PNTGPENNANT GROUP INChistory →COM2.38%$6M151.9K
17TENNECO INCCL A VTG COM STK2.22%$6M300.0K
18FRANCHISE GROUP INCCOM2.16%$6M160.0K
19LIVEVOX HOLDING INCCOM CL A2.14%$6M670.3K
20ALTIMETER GROWTH CORP 2COM CL A2.01%$5M511.2K
21THE ODP CORPCOM1.84%$5M100.0K
22ADUSADDUS HOMECARE CORPhistory →COM1.84%$5M55.0K
23GDOTGREEN DOT CORPhistory →CL A1.52%$4M85.0K
24CZRCAESARS ENTERTAINMENT INC NEhistory →COM1.39%$4M35.0K
25SOCIAL CAPITAL HEDOSOPHA HLDSHS CL A0.58%$2M148.4K
26CAREMAX INCCOM CL A · *W EXP 06/08/2020.16%$413,00051.0K

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 ↗.