SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Kent Lake Capital LLC

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

Reported Value
$193M
Q4 2021
Positions
37
Filings on Record
16
2019–present window
Filed
Feb 14, 2022
original filing

Summary

Kent Lake Capital LLC reported $193M in U.S.-listed holdings across 37 positions for Q4 2021.

Its largest position, SSTK, represents 11.8% of the portfolio.

Compared with Q3 2021, the fund opened 20 new positions and exited 15.

Portfolio Metrics

Turnover
+33.4%
vs prior filed quarter
Top-10 Concentration
+57.1%
share of reported value
Largest Position
+11.8%
Shutterstock
New / Exited
20 / 15
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: 97.6%Other: 2.4%
  • Common Stock · 97.6% · $188M
  • Other · 2.4% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LHCGUSDLHC GROUP INCNEW+51.9K51.9K+$7M$7M
GKDGRAND CANYON ED INCNEW+65.0K65.0K+$6M$6M
QDEL*QUIDEL CORPNEW+40.0K40.0K+$5M$5M
GTGOODYEAR TIRE & RUBR CONEW+200.0K200.0K+$4M$4M
UBERUBER TECHNOLOGIES INCNEW+100.0K100.0K+$4M$4M
PRGSPROGRESS SOFTWARE CORPNEW+85.0K85.0K+$4M$4M
EGANEGAIN CORPNEW+400.0K400.0K+$4M$4M
SPWHSPORTSMANS WHSE HLDGS INCNEW+275.0K275.0K+$3M$3M

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

Holdings — Q4 2021

36 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SSTKSHUTTERSTOCK INChistory →COM11.75%$23M204.5K
2XPELXPEL INChistory →COM7.93%$15M224.1K
3UPWKUPWORK INChistory →COM7.35%$14M415.0K
4FRANCHISE GROUP INCCOM7.30%$14M270.0K
5VCELVERICEL CORPhistory →COM4.63%$9M227.4K
6G2CEVERI HLDGS INChistory →COM4.43%$9M400.0K
7LHCGUSDLHC GROUP INChistory →COM3.69%$7M51.9K
8ENSGENSIGN GROUP INChistory →COM3.65%$7M84.0K
9ITGRINTEGER HLDGS CORPhistory →COM3.33%$6M75.0K
10MCRIMONARCH CASINO & RESORT INChistory →COM3.07%$6M80.0K
11EHCENCOMPASS HEALTH CORPhistory →COM3.04%$6M90.0K
12ADUSADDUS HOMECARE CORPhistory →COM3.00%$6M62.0K
13GKDGRAND CANYON ED INChistory →COM2.89%$6M65.0K
14QDEL*QUIDEL CORPhistory →COM2.80%$5M40.0K
15AHCOADAPTHEALTH CORPhistory →COMMON STOCK2.54%$5M200.0K
16ALTIMETER GROWTH CORP 2COM CL A2.40%$5M469.9K
17GENNORTONLIFELOCK INChistory →COM2.36%$5M175.0K
18GTGOODYEAR TIRE & RUBR COhistory →COM2.21%$4M200.0K
19UBERUBER TECHNOLOGIES INChistory →COM2.17%$4M100.0K
20PRGSPROGRESS SOFTWARE CORPhistory →COM2.13%$4M85.0K
21EGANEGAIN CORPhistory →COM NEW2.07%$4M400.0K
22SPWHSPORTSMANS WHSE HLDGS INChistory →COM1.68%$3M275.0K
23DIBS1STDIBS COM INChistory →COM1.62%$3M250.0K
24PFMTUSDPERFORMANT FINL CORPhistory →COM1.40%$3M1.12M
25HALOHALOZYME THERAPEUTICS INChistory →COM1.25%$2M60.0K
26TRLDAVITA INChistory →COM1.18%$2M20.0K
27CVCOCAVCO INDS INC DELhistory →COM1.13%$2M6.9K
28RJR1STEREOTAXIS INChistory →COM NEW1.12%$2M350.0K
29IMXIINTERNATIONAL MNY EXPRESS INhistory →COM1.03%$2M125.0K
30ODP1THE ODP CORPhistory →COM1.02%$2M50.0K
31EPAYEURBOTTOMLINE TECH DEL INCCOM0.98%$2M33.3K
32TEN1TENNECO INCCL A VTG COM STK0.88%$2M150.0K
33SMLRSEMLER SCIENTIFIC INCCOM0.71%$1M15.0K
34ARLOARLO TECHNOLOGIES INCCOM0.54%$1M100.0K
35INNVINNOVAGE HLDG CORPCOM0.52%$1M200.0K
36UTIUNIVERSAL TECHNICAL INST INCCOM0.20%$391,00050.0K

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 ↗.