SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Kent Lake Capital LLC

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

Reported Value
$153M
Q3 2022
Positions
37
Filings on Record
16
2019–present window
Filed
Nov 14, 2022
original filing

Summary

Kent Lake Capital LLC reported $153M in U.S.-listed holdings across 37 positions for Q3 2022.

Its largest position, TH, represents 8.2% of the portfolio.

Compared with Q2 2022, the fund opened 10 new positions and exited 20.

Portfolio Metrics

Turnover
+28.1%
vs prior filed quarter
Top-10 Concentration
+56.4%
share of reported value
Largest Position
+8.2%
Target Hospitality
New / Exited
10 / 20
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: 95.3%Other: 4.7%
  • Common Stock · 95.3% · $145M
  • Other · 4.7% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INNVINNOVAGE HLDG CORPNEW+925.9K925.9K+$5M$5M
EP3ORASURE TECHNOLOGIES INCNEW+1.26M1.26M+$5M$5M
QTRXQUANTERIX CORPNEW+293.2K293.2K+$3M$3M
GEGGEO GROUP INC NEWNEW+250.0K250.0K+$2M$2M
L1SLIQUIDITY SVCS INCNEW+103.6K103.6K+$2M$2M
WALKME LTDNEW+150.0K150.0K+$1M$1M
AZZAZZ INCNEW+33.7K33.7K+$1M$1M
STIMNEURONETICS INCNEW+383.7K383.7K+$1M$1M

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

Holdings — Q3 2022

37 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1THTARGET HOSPITALITY CORPhistory →COM8.24%$13M996.0K
2XPELXPEL INChistory →COM8.02%$12M190.0K
3TMDXTRANSMEDICS GROUP INChistory →COM6.84%$10M250.0K
4ENSGENSIGN GROUP INChistory →COM6.51%$10M125.0K
5LHCGUSDLHC GROUP INChistory →COM5.36%$8M50.0K
6DXPEDXP ENTERPRISES INChistory →COM NEW4.66%$7M300.0K
7G2CEVERI HLDGS INChistory →COM4.36%$7M410.0K
8SMLRSEMLER SCIENTIFIC INChistory →COM4.36%$7M177.0K
9FCFRANKLIN COVEY COhistory →COM4.21%$6M141.7K
10EGANEGAIN CORPhistory →COM NEW3.85%$6M800.0K
11INNVINNOVAGE HLDG CORPhistory →COM3.57%$5M925.9K
12ATENA10 NETWORKS INChistory →COM3.50%$5M402.2K
13ABT2EURABSOLUTE SOFTWARE CORPhistory →COM3.42%$5M450.0K
14EP3ORASURE TECHNOLOGIES INChistory →COM3.14%$5M1.26M
15APYXAPYX MEDICAL CORPORATIONhistory →COM3.09%$5M1.05M
16ALTIMETER GROWTH CORP 2COM CL A3.05%$5M469.9K
17ADUSADDUS HOMECARE CORPhistory →COM2.78%$4M44.6K
18FRANCHISE GROUP INCCOM2.26%$3M142.2K
19QTRXQUANTERIX CORPhistory →COM2.12%$3M293.2K
20MCRIMONARCH CASINO & RESORT INChistory →COM2.03%$3M55.3K
21SWCHFSIERRA WIRELESS INChistory →COM1.99%$3M100.0K
22ITGRINTEGER HLDGS CORPhistory →COM1.80%$3M44.1K
23PFMTUSDPERFORMANT FINL CORPhistory →COM1.31%$2M1.08M
24GEGGEO GROUP INC NEWhistory →COM1.26%$2M250.0K
25SSTKSHUTTERSTOCK INChistory →COM1.15%$2M35.0K
26L1SLIQUIDITY SVCS INChistory →COM1.10%$2M103.6K
27NEOGAMES S ASHS0.85%$1M100.0K
28WALKME LTDORD SHS0.84%$1M150.0K
29AZZAZZ INCCOM0.81%$1M33.7K
30STIMNEURONETICS INCCOM0.80%$1M383.7K
31ARLOARLO TECHNOLOGIES INCCOM0.80%$1M261.7K
32CUTREURCUTERA INCCOM0.48%$736,00016.1K
335TCTRUECAR INCCOM0.46%$706,000467.7K
34FNDFLOOR & DECOR HLDGS INCCL A0.46%$703,00010.0K
35DCTHDELCATH SYS INCCOM NEW0.20%$302,00094.5K
36NOANORTH AMERN CONSTR GROUP LTDCOM0.17%$254,00026.6K
37PMTSCPI CARD GROUP INCCOM NEW0.15%$231,00014.7K

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 ↗.