SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Kent Lake Capital LLC

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

Reported Value
$218M
Q2 2023
Positions
50
Filings on Record
16
2019–present window
Filed
Aug 14, 2023
original filing

Summary

Kent Lake Capital LLC reported $218M in U.S.-listed holdings across 50 positions for Q2 2023.

Its largest position, ZIMV, represents 7.1% of the portfolio.

Compared with Q1 2023, the fund opened 25 new positions and exited 10.

Portfolio Metrics

Turnover
+16.7%
vs prior filed quarter
Top-10 Concentration
+46.3%
share of reported value
Largest Position
+7.1%
Zimvie
New / Exited
25 / 10
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: 95.7%Other: 4.2%Equity WRT: 0.0%
  • Common Stock · 95.7% · $208M
  • Other · 4.2% · $9M
  • Equity WRT · 0.0% · $26,374

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AL21VERADIGM INCNEW+821.0K821.0K+$10M$10M
FAROFARO TECHNOLOGIES INCNEW+525.0K525.0K+$9M$9M
PNTGPENNANT GROUP INCNEW+433.4K433.4K+$5M$5M
TRHCEURTABULA RASA HEALTHCARE INCNEW+599.7K599.7K+$5M$5M
FLGTFULGENT GENETICS INCNEW+100.0K100.0K+$4M$4M
MODVQMODIVCARE INCNEW+75.0K75.0K+$3M$3M
EVAUSDENVIVA INCNEW+300.0K300.0K+$3M$3M
UPWKUPWORK INCNEW+304.7K304.7K+$3M$3M

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

Holdings — Q2 2023

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ZIMVZIMVIE INChistory →COM7.11%$15M1.38M
2THTARGET HOSPITALITY CORPhistory →COM5.55%$12M900.0K
3AL21VERADIGM INChistory →COM4.75%$10M821.0K
4TMDXTRANSMEDICS GROUP INChistory →COM4.60%$10M119.1K
5ENSGENSIGN GROUP INChistory →COM4.39%$10M100.0K
6QTRXQUANTERIX CORPhistory →COM4.15%$9M400.0K
7NRDYNERDY INCCL A COM · *W EXP 08/16/2024.05%$9M2.55M
8INNVINNOVAGE HLDG CORPhistory →COM4.01%$9M1.16M
9BTMDBIOTE CORPhistory →CLASS A COM3.96%$9M1.27M
10FAROFARO TECHNOLOGIES INChistory →COM3.91%$9M525.0K
11TCMDTACTILE SYS TECHNOLOGY INChistory →COM3.72%$8M325.0K
12SIBNSI-BONE INChistory →COM3.72%$8M300.0K
13VCELVERICEL CORPhistory →COM3.71%$8M215.0K
14KDKYNDRYL HLDGS INChistory →COMMON STOCK3.57%$8M585.0K
15XPELXPEL INChistory →COM3.33%$7M86.0K
16FCFRANKLIN COVEY COhistory →COM2.81%$6M140.0K
17YEXTYEXT INChistory →COM2.60%$6M500.0K
18PNTGPENNANT GROUP INChistory →COM2.45%$5M433.4K
19TRHCEURTABULA RASA HEALTHCARE INChistory →COM2.27%$5M599.7K
20SIXEURSIX FLAGS ENTMT CORP NEWhistory →COM1.79%$4M150.0K
21FLGTFULGENT GENETICS INChistory →COM1.70%$4M100.0K
22MLABMESA LABS INChistory →COM1.67%$4M28.2K
23MODVQMODIVCARE INChistory →COM1.56%$3M75.0K
24EVAUSDENVIVA INChistory →COM1.50%$3M300.0K
25EP3ORASURE TECHNOLOGIES INChistory →COM1.38%$3M600.0K
26UPWKUPWORK INChistory →COM1.31%$3M304.7K
27CELLEBRITE DI LTDORDINARY SHARES1.27%$3M385.2K
28VMEO*VIMEO INChistory →COMMON STOCK1.20%$3M631.7K
29BVSBIOVENTUS INChistory →COM CL A1.20%$3M900.0K
30FIVERR INTL LTDORD SHS1.20%$3M100.0K
31ALTOALTO INGREDIENTS INChistory →COM1.10%$2M830.3K
32ADVANTAGE SOLUTIONS INCCOM CL A · *W EXP 10/28/2020.94%$2M941.5K
33OABIOMNIAB INCCOM0.92%$2M396.2K
34RCMTRCM TECHNOLOGIES INCCOM NEW0.86%$2M102.2K
35NSHEURSPIRE GLOBAL INCCOM CL A0.83%$2M3.50M
36STIMNEURONETICS INCCOM0.70%$2M706.3K
37DZSIQDZS INCCOM0.70%$2M382.2K
38KORE GROUP HLDGS INCCOMMON STOCK · *W EXP 09/30/2020.64%$1M1.26M
39DCTHDELCATH SYS INCCOM NEW0.59%$1M219.5K
40LUCKBOWLERO CORPCL A COM0.53%$1M100.0K
41NSTGEURNANOSTRING TECHNOLOGIES INCCOM0.47%$1M250.0K
42AVNWAVIAT NETWORKS INCCOM NEW0.40%$868,32126.0K
43NPCENEUROPACE INCCOM0.31%$669,930149.2K
44EVCMEVERCOMMERCE INCCOM0.23%$496,35641.9K
45G2CEVERI HLDGS INCCOM0.17%$361,50025.0K
46SOMALOGIC INCCLASS A COM0.14%$300,288130.0K
47GILAT SATELLITE NETWORKS LTDSHS NEW0.09%$187,36130.1K

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 ↗.