SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Kent Lake Capital LLC

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

Reported Value
$260M
Q3 2023
Positions
52
Filings on Record
16
2019–present window
Filed
Nov 14, 2023
original filing

Summary

Kent Lake Capital LLC reported $260M in U.S.-listed holdings across 52 positions for Q3 2023.

Its largest position, TH, represents 5.0% of the portfolio.

Compared with Q2 2023, the fund opened 14 new positions and exited 14.

Portfolio Metrics

Turnover
+25.6%
vs prior filed quarter
Top-10 Concentration
+42.0%
share of reported value
Largest Position
+5.0%
Target Hospitality
New / Exited
14 / 14
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: 91.1%Other: 8.9%Equity WRT: 0.0%
  • Common Stock · 91.1% · $237M
  • Other · 8.9% · $23M
  • Equity WRT · 0.0% · $71,310

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AYXEURALTERYX INCNEW+300.0K300.0K+$11M$11M
CDNACAREDX INCNEW+1.38M1.38M+$10M$10M
NHCNATIONAL HEALTHCARE CORPNEW+120.0K120.0K+$8M$8M
EFTTECHTARGET INCNEW+225.0K225.0K+$7M$7M
AKOYA BIOSCIENCES INCNEW+746.5K746.5K+$3M$3M
SFIXSTITCH FIX INCNEW+850.0K850.0K+$3M$3M
CALAVO GROWERS INCNEW+100.0K100.0K+$3M$3M
TDUPTHREDUP INCNEW+625.6K625.6K+$3M$3M

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

Holdings — Q3 2023

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1THTARGET HOSPITALITY CORPhistory →COM5.04%$13M825.0K
2ZIMVZIMVIE INChistory →COM4.70%$12M1.30M
3AL21VERADIGM INChistory →COM4.67%$12M925.0K
4AYXEURALTERYX INChistory →COM CL A4.35%$11M300.0K
5QTRXQUANTERIX CORPhistory →COM4.17%$11M400.0K
6NRDYNERDY INChistory →CL A COM3.96%$10M2.78M
7VCELVERICEL CORPhistory →COM3.87%$10M300.0K
8FAROFARO TECHNOLOGIES INChistory →COM3.81%$10M650.0K
9KDKYNDRYL HLDGS INChistory →COMMON STOCK3.75%$10M646.1K
10UPWKUPWORK INChistory →COM3.71%$10M850.0K
11CDNACAREDX INChistory →COM3.70%$10M1.38M
12ENSGENSIGN GROUP INChistory →COM3.57%$9M100.0K
13INNVINNOVAGE HLDG CORPhistory →COM3.23%$8M1.40M
14NHCNATIONAL HEALTHCARE CORPhistory →COM2.95%$8M120.0K
15FIVERR INTL LTDORD SHS2.82%$7M300.0K
16EFTTECHTARGET INChistory →COM2.63%$7M225.0K
17BTMDBIOTE CORPhistory →CLASS A COM2.53%$7M1.28M
18PNTGPENNANT GROUP INChistory →COM2.50%$6M583.6K
19SIBNSI-BONE INChistory →COM2.45%$6M300.0K
20LUCKBOWLERO CORPhistory →CL A COM2.22%$6M600.0K
21TCMDTACTILE SYS TECHNOLOGY INChistory →COM2.16%$6M400.0K
22NPCENEUROPACE INChistory →COM2.15%$6M574.4K
23TMDXTRANSMEDICS GROUP INChistory →COM2.11%$5M100.0K
24SOMALOGIC INCCLASS A COM1.78%$5M1.94M
25XPELXPEL INChistory →COM1.78%$5M60.0K
26ADVANTAGE SOLUTIONS INCCOM CL A1.75%$5M1.60M
27MODVQMODIVCARE INChistory →COM1.51%$4M125.0K
28AKOYA BIOSCIENCES INCCOM1.33%$3M746.5K
29BVSBIOVENTUS INChistory →COM CL A1.31%$3M1.04M
30STIMNEURONETICS INChistory →COM1.21%$3M2.33M
31MLABMESA LABS INChistory →COM1.14%$3M28.2K
32SFIXSTITCH FIX INChistory →COM CL A1.13%$3M850.0K
33CALAVO GROWERS INCCOM0.97%$3M100.0K
34TDUPTHREDUP INCCL A0.96%$3M625.6K
35INGNINOGEN INCCOM0.93%$2M463.1K
36RCMTRCM TECHNOLOGIES INCCOM NEW0.93%$2M123.4K
37BARK INCCOM0.92%$2M2.00M
38GILAT SATELLITE NETWORKS LTDSHS NEW0.87%$2M350.0K
39FCFRANKLIN COVEY COCOM0.83%$2M50.0K
40OABIOMNIAB INCCOM0.79%$2M396.2K
41CDXSCODEXIS INCCOM0.39%$1M542.9K
42AVNWAVIAT NETWORKS INCCOM NEW0.31%$811,85526.0K
43DCTHDELCATH SYS INCCOM NEW0.19%$506,250125.0K
44SCIENCE 37 HOLDINGS INCCOM0.17%$433,7881.08M
45BLZEBACKBLAZE INCCOM CL A0.16%$423,06676.9K
46EP3ORASURE TECHNOLOGIES INCCOM0.15%$386,00165.1K
47TOITHE ONCOLOGY INSTITUTE INCCOM0.10%$256,501183.2K
48KORE GROUP HLDGS INCCOMMON STOCK0.08%$201,840333.6K

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 ↗.