SEC 13F Intelligence

Managers / Q3 2021 · view latest →

Kent Lake Capital LLC

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

Reported Value
$233M
Q3 2021
Positions
31
Filings on Record
16
2019–present window
Filed
Nov 15, 2021
original filing

Summary

Kent Lake Capital LLC reported $233M in U.S.-listed holdings across 31 positions for Q3 2021.

Its largest position, SSTK, represents 11.2% of the portfolio.

Compared with Q2 2021, the fund opened 10 new positions and exited 7.

Portfolio Metrics

Turnover
+21.4%
vs prior filed quarter
Top-10 Concentration
+57.9%
share of reported value
Largest Position
+11.2%
Shutterstock
New / Exited
10 / 7
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: 83.8%Other: 14.2%ADR: 2.0%
  • Common Stock · 83.8% · $195M
  • Other · 14.2% · $33M
  • ADR · 2.0% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TREMOR INTL LTDNEW+594.7K594.7K+$11M$11M
EHCENCOMPASS HEALTH CORPNEW+110.0K110.0K+$8M$8M
SMLRSEMLER SCIENTIFIC INCNEW+60.0K60.0K+$8M$8M
ONTFON24 INCNEW+229.4K229.4K+$5M$5M
AVAHAVEANNA HEALTHCARE HLDGS INCNEW+443.1K443.1K+$4M$4M
SUPNSUPERNUS PHARMACEUTICALS INCNEW+100.0K100.0K+$3M$3M
AMEDAMEDISYS INCNEW+12.8K12.8K+$2M$2M
APRIA INCNEW+40.5K40.5K+$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 2021

31 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SSTKSHUTTERSTOCK INChistory →COM11.19%$26M229.7K
2UPWKUPWORK INChistory →COM8.04%$19M415.0K
3XPELXPEL INChistory →COM7.31%$17M224.1K
4G2CEVERI HLDGS INChistory →COM4.84%$11M465.0K
5VCELVERICEL CORPhistory →COM4.77%$11M227.4K
6TREMOR INTL LTDADS4.72%$11M594.7K
7ADUSADDUS HOMECARE CORPhistory →COM4.63%$11M135.0K
8ENSGENSIGN GROUP INChistory →COM4.35%$10M135.0K
9AHCOADAPTHEALTH CORPhistory →COMMON STOCK4.16%$10M415.0K
10FIVERR INTL LTDORD SHS3.93%$9M50.0K
11EHCENCOMPASS HEALTH CORPhistory →COM3.55%$8M110.0K
12FRANCHISE GROUP INCCOM3.27%$8M215.0K
13SMLRSEMLER SCIENTIFIC INChistory →COM3.23%$8M60.0K
14ITGRINTEGER HLDGS CORPhistory →COM3.07%$7M80.0K
15LIVEVOX HOLDING INCCOM CL A2.96%$7M1.06M
16MCRIMONARCH CASINO & RESORT INChistory →COM2.82%$7M97.8K
17STIMNEURONETICS INChistory →COM2.63%$6M930.7K
18TEN1TENNECO INChistory →CL A VTG COM STK2.40%$6M391.4K
19CRITEO S ASPONS ADS2.05%$5M129.8K
20ONTFON24 INChistory →COM1.97%$5M229.4K
21ALTIMETER GROWTH CORP 2COM CL A1.92%$4M451.4K
22GDOTGREEN DOT CORPhistory →CL A1.84%$4M85.0K
23PNTGPENNANT GROUP INChistory →COM1.83%$4M151.9K
24MGNIMAGNITE INChistory →COM1.81%$4M150.0K
25CZRCAESARS ENTERTAINMENT INC NEhistory →COM1.69%$4M35.0K
26AVAHAVEANNA HEALTHCARE HLDGS INChistory →COM1.53%$4M443.1K
27SUPNSUPERNUS PHARMACEUTICALS INChistory →COM1.15%$3M100.0K
28AMEDAMEDISYS INCCOM0.82%$2M12.8K
29APRIA INCCOM0.65%$2M40.5K
30GENNORTONLIFELOCK INCCOM0.54%$1M50.0K
31PRTSEURCARPARTS COM INCCOM0.34%$781,00050.0K

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 ↗.