SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Kent Lake Capital LLC

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

Reported Value
$182M
Q2 2022
Positions
47
Filings on Record
16
2019–present window
Filed
Aug 15, 2022
original filing

Summary

Kent Lake Capital LLC reported $182M in U.S.-listed holdings across 47 positions for Q2 2022.

Its largest position, TMDX, represents 6.9% of the portfolio.

Compared with Q1 2022, the fund opened 20 new positions and exited 12.

Portfolio Metrics

Turnover
+28.3%
vs prior filed quarter
Top-10 Concentration
+48.3%
share of reported value
Largest Position
+6.9%
Transmedics
New / Exited
20 / 12
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: 95.8%Other: 4.2%
  • Common Stock · 95.8% · $174M
  • Other · 4.2% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DXPEDXP ENTERPRISES INCNEW+261.2K261.2K+$8M$8M
SMLRSEMLER SCIENTIFIC INCNEW+250.0K250.0K+$7M$7M
CHGGCHEGG INCNEW+250.0K250.0K+$5M$5M
CNDTCONDUENT INCNEW+992.3K992.3K+$4M$4M
OXMOXFORD INDS INCNEW+30.0K30.0K+$3M$3M
ANIKANIKA THERAPEUTICS INCNEW+98.6K98.6K+$2M$2M
NEOGAMES S ANEW+150.0K150.0K+$2M$2M
INFUINFUSYSTEM HLDGS INCNEW+200.4K200.4K+$2M$2M

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

Holdings — Q2 2022

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TMDXTRANSMEDICS GROUP INChistory →COM6.92%$13M400.0K
2UPWKUPWORK INChistory →COM5.69%$10M500.0K
3EGANEGAIN CORPhistory →COM NEW5.13%$9M956.8K
4FRANCHISE GROUP INCCOM4.84%$9M250.9K
5XPELXPEL INChistory →COM4.80%$9M190.0K
6ENSGENSIGN GROUP INChistory →COM4.45%$8M110.0K
7DXPEDXP ENTERPRISES INChistory →COM NEW4.40%$8M261.2K
8LHC GROUP INCCOM4.28%$8M50.0K
9SMLRSEMLER SCIENTIFIC INChistory →COM3.88%$7M250.0K
10APYXAPYX MEDICAL CORPORATIONhistory →COM3.87%$7M1.20M
11NATUS MED INC DELCOM3.61%$7M200.0K
12EVERI HLDGS INCCOM3.54%$6M395.0K
13SWCHFSIERRA WIRELESS INChistory →COM3.41%$6M265.0K
14AMEDAMEDISYS INChistory →COM2.89%$5M50.0K
15CHGGCHEGG INChistory →COM2.58%$5M250.0K
16ALTIMETER GROWTH CORP 2COM CL A2.55%$5M469.9K
17ADUSADDUS HOMECARE CORPhistory →COM2.52%$5M55.0K
18CNDTCONDUENT INChistory →COM2.36%$4M992.3K
19PERFORMANT FINL CORPCOM2.34%$4M1.62M
20PRGSPROGRESS SOFTWARE CORPhistory →COM1.87%$3M75.0K
21THTARGET HOSPITALITY CORPhistory →COM1.81%$3M577.7K
22MCRIMONARCH CASINO & RESORT INChistory →COM1.78%$3M55.3K
23ITGRINTEGER HLDGS CORPhistory →COM1.71%$3M44.1K
24FCFRANKLIN COVEY COhistory →COM1.61%$3M63.5K
25ATENA10 NETWORKS INChistory →COM1.58%$3M200.0K
26RMNIRIMINI STR INC DELhistory →COM1.48%$3M447.6K
27OXMOXFORD INDS INChistory →COM1.46%$3M30.0K
28ANIKANIKA THERAPEUTICS INChistory →COM1.21%$2M98.6K
29NEOGAMES S ASHS1.11%$2M150.0K
30SSTKSHUTTERSTOCK INChistory →COM1.10%$2M35.0K
31INFUINFUSYSTEM HLDGS INChistory →COM1.06%$2M200.4K
32WTTRSELECT ENERGY SVCS INCCL A COM0.94%$2M251.4K
33ABSOLUTE SOFTWARE CORPCOM0.91%$2M190.8K
34ARLOARLO TECHNOLOGIES INCCOM0.87%$2M252.8K
35EVEREVERQUOTE INCCOM CL A0.72%$1M148.8K
36NOANORTH AMERN CONSTR GROUP LTDCOM0.72%$1M118.0K
37TRUECAR INCCOM0.67%$1M467.7K
38TREMOR INTL LTDADS0.58%$1M121.4K
39FETFORUM ENERGY TECHNOLOGIES INCOM0.56%$1M51.5K
40ASTLALGOMA STL GROUP INCCOM0.49%$898,000100.0K
41EHCENCOMPASS HEALTH CORPCOM0.46%$841,00015.0K
42PMTSCPI CARD GROUP INCCOM NEW0.34%$611,00036.4K
43ADMAADMA BIOLOGICS INCCOM0.30%$537,000271.1K
44DCTHDELCATH SYS INCCOM NEW0.21%$377,00094.5K
45OAK STR HEALTH INCCOM0.18%$329,00020.0K
46EHABUSDENHABIT INCCOM0.13%$230,00010.0K
47LSFLAIRD SUPERFOOD INCCOM STK0.08%$137,00071.8K

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 ↗.