SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Kent Lake Capital LLC

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

Reported Value
$161M
Q1 2022
Positions
39
Filings on Record
16
2019–present window
Filed
May 16, 2022
original filing

Summary

Kent Lake Capital LLC reported $161M in U.S.-listed holdings across 39 positions for Q1 2022.

Its largest position, Franchise, represents 6.4% of the portfolio.

Compared with Q4 2021, the fund opened 22 new positions and exited 19.

Portfolio Metrics

Turnover
+37.8%
vs prior filed quarter
Top-10 Concentration
+50.8%
share of reported value
Largest Position
+6.4%
Franchise
New / Exited
22 / 19
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: 92.3%Other: 5.3%ETP: 2.4%
  • Common Stock · 92.3% · $149M
  • Other · 5.3% · $9M
  • ETP · 2.4% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BABYEURNATUS MED INC DELNEW+215.0K215.0K+$6M$6M
TMDXTRANSMEDICS GROUP INCNEW+200.0K200.0K+$5M$5M
AMEDAMEDISYS INCNEW+30.0K30.0K+$5M$5M
CSIIEURCARDIOVASCULAR SYS INC DELNEW+175.0K175.0K+$4M$4M
ISHARES TR RUSSELL 2000 ETFNEW+18.6K18.6K+$4M$4M
SWCHFSIERRA WIRELESS INCNEW+190.0K190.0K+$3M$3M
THTARGET HOSPITALITY CORPNEW+550.0K550.0K+$3M$3M
FCFRANKLIN COVEY CONEW+70.0K70.0K+$3M$3M

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

Holdings — Q1 2022

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1FRANCHISE GROUP INCCOM6.44%$10M250.0K
2XPELXPEL INChistory →COM5.98%$10M182.8K
3ENSGENSIGN GROUP INChistory →COM5.59%$9M100.0K
4LHCGUSDLHC GROUP INChistory →COM5.24%$8M50.0K
5G2CEVERI HLDGS INChistory →COM5.16%$8M395.0K
6EGANEGAIN CORPhistory →COM NEW4.93%$8M685.1K
7EHCENCOMPASS HEALTH CORPhistory →COM4.86%$8M110.0K
8ADUSADDUS HOMECARE CORPhistory →COM4.64%$7M80.0K
9ITGRINTEGER HLDGS CORPhistory →COM4.03%$6M80.4K
10UPWKUPWORK INChistory →COM3.97%$6M275.0K
11PRGSPROGRESS SOFTWARE CORPhistory →COM3.80%$6M129.7K
12BABYEURNATUS MED INC DELhistory →COM3.51%$6M215.0K
13TMDXTRANSMEDICS GROUP INChistory →COM3.35%$5M200.0K
14AMEDAMEDISYS INChistory →COM3.21%$5M30.0K
15MCRIMONARCH CASINO & RESORT INChistory →COM3.00%$5M55.3K
16ALTIMETER GROWTH CORP 2COM CL A2.87%$5M469.9K
17PFMTUSDPERFORMANT FINL CORPhistory →COM2.74%$4M1.42M
18SSTKSHUTTERSTOCK INChistory →COM2.60%$4M45.0K
19CSIIEURCARDIOVASCULAR SYS INC DELhistory →COM2.46%$4M175.0K
20ISHARES TR RUSSELL 2000 ETFUNIT2.37%$4M18.6K
21SWCHFSIERRA WIRELESS INChistory →COM2.13%$3M190.0K
22THTARGET HOSPITALITY CORPhistory →COM2.05%$3M550.0K
23FCFRANKLIN COVEY COhistory →COM1.97%$3M70.0K
24AORTARTIVION INChistory →COM1.59%$3M120.0K
25TREMOR INTL LTDADS1.51%$2M159.9K
26ODP1THE ODP CORPhistory →COM1.42%$2M50.0K
27CALYCALLAWAY GOLF COhistory →COM1.09%$2M75.0K
28NOANORTH AMERN CONSTR GROUP LTDhistory →COM1.08%$2M120.0K
29DESPEGAR COM CORP ORDORD SHS0.95%$2M125.0K
30RMNIRIMINI STR INC DELCOM0.82%$1M227.6K
31TOSTTOAST INCCL A0.81%$1M60.0K
32AXGNAXOGEN INCCOM0.74%$1M150.0K
33DHXDHI GROUP INCCOM0.74%$1M200.0K
34ATENA10 NETWORKS INCCOM0.65%$1M75.0K
35APYXAPYX MEDICAL CORPORATIONCOM0.55%$882,000135.0K
36ARLOARLO TECHNOLOGIES INCCOM0.41%$665,00075.0K
37RDVTRED VIOLET INCCOM0.35%$570,00020.0K
38TTITETRA TECHNOLOGIES INC DELCOM0.26%$411,000100.0K
39S7VSALLY BEAUTY HLDGS INCCOM0.13%$216,00013.8K

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 ↗.