Managers / Q1 2023 · view latest →
BCK CAPITAL MANAGEMENT LP
CIK 0001819275 · 1010 WASHINGTON BOULEVARD, 7TH FLOOR, STAMFORD, CT, 06901 · 203-989-9660
Reported Value
$115M
Q1 2023
Positions
86
Filings on Record
22
2019–present window
Filed
May 12, 2023
original filing
Summary
Bck Capital Management LP reported $115M in U.S.-listed holdings across 86 positions for Q1 2023.
Its largest position, National Instrs, represents 10.1% of the portfolio.
Compared with Q4 2022, the fund opened 31 new positions and exited 34.
Portfolio Metrics
Turnover
+47.5%
vs prior filed quarter
Top-10 Concentration
+61.7%
share of reported value
Largest Position
+10.1%
National Instrs
New / Exited
31 / 34
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
Portfolio Composition
By security type
- Common Stock · 81.6% · $94M
- Other · 15.1% · $17M
- ETP · 2.8% · $3M
- Equity WRT · 0.5% · $542,197
- REIT · 0.0% · $0
Quarter-over-Quarter Changes full breakdown →
vs Q4 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NATIONAL INSTRS CORP | NEW | +467.1K | 467.1K | +$12M | $12M |
| TAUSDTRAVELCENTERS OF AMERICA INC | NEW | +111.7K | 111.7K | +$10M | $10M |
| WORLD WRESTLING ENTMT INC | NEW | +190.4K | 190.4K | +$4M | $4M |
| LIFE STORAGE INC | NEW | +22.3K | 22.3K | +$3M | $3M |
| OAK STR HEALTH INC | NEW | +39.6K | 39.6K | +$2M | $2M |
| SEAGEN INC | NEW | +7.0K | 7.0K | +$1M | $1M |
| CARDIOVASCULAR SYS INC DEL | NEW | +70.6K | 70.6K | +$1M | $1M |
| KIMBALL INTL INC | NEW | +113.0K | 113.0K | +$1M | $1M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2023
70 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | NATIONAL INSTRS CORP | COM | 10.12% | $12M | 222.1K |
| 2 | SHAW COMMUNICATIONS INC | CL B CONV | 9.18% | $11M | 352.8K |
| 3 | TAUSDTRAVELCENTERS OF AMERICA INChistory → | COM NEW | 8.40% | $10M | 111.7K |
| 4 | TXNMPNM RES INChistory → | COM | 7.07% | $8M | 167.1K |
| 5 | HORIZON THERAPEUTICS PUB L | SHS | 7.05% | $8M | 74.3K |
| 6 | ACTIVISION BLIZZARD INC | COM | 6.27% | $7M | 84.3K |
| 7 | WSCWILLSCOT MOBIL MINI HLDNG COhistory → | COM CL A | 3.94% | $5M | 96.5K |
| 8 | WORLD WRESTLING ENTMT INC | CL A | 3.68% | $4M | 46.4K |
| 9 | VMWARE INC | CL A COM | 3.40% | $4M | 31.3K |
| 10 | TSEMTOWER SEMICONDUCTOR LTDhistory → | SHS NEW | 2.61% | $3M | 70.8K |
| 11 | LIFE STORAGE INC | COM | 2.54% | $3M | 22.3K |
| 12 | MAXAR TECHNOLOGIES INC | COM | 2.48% | $3M | 55.9K |
| 13 | MONEYGRAM INTL INC | COM NEW | 2.41% | $3M | 266.2K |
| 14 | HTZHERTZ GLOBAL HLDGS INC | COM NEW · *W EXP 06/30/205 | 2.16% | $2M | 166.2K |
| 15 | FORGEROCK INC | CL A | 2.00% | $2M | 111.4K |
| 16 | ITAISHARES TRhistory → | US AER DEF ETF | 1.62% | $2M | 16.2K |
| 17 | OAK STR HEALTH INC | COM | 1.33% | $2M | 39.6K |
| 18 | DNBDUN & BRADSTREET HLDGS INChistory → | COM | 1.32% | $2M | 129.2K |
| 19 | SEAGEN INC | COM | 1.23% | $1M | 7.0K |
| 20 | CARDIOVASCULAR SYS INC DEL | COM | 1.22% | $1M | 70.6K |
| 21 | KIMBALL INTL INC | CL B | 1.22% | $1M | 113.0K |
| 22 | APOLLO ENDOSURGERY INC | COM | 1.22% | $1M | 141.2K |
| 23 | ARGO GROUP INTL HLDGS LTD | COM | 1.22% | $1M | 47.8K |
| 24 | WESTROCK CO | COM | 1.06% | $1M | 40.1K |
| 25 | ARCONIC CORPORATION | COM | 0.74% | $852,265 | 32.5K |
| 26 | RENEW ENERGY GLOBAL PLC | CL A SHS | 0.70% | $805,295 | 143.3K |
| 27 | VNQVANGUARD INDEX FDS | REAL ESTATE ETF | 0.67% | $770,860 | 9.3K |
| 28 | GENIGENIUS SPORTS LIMITED | SHARES CL A | 0.64% | $739,694 | 148.5K |
| 29 | INDUS REALTY TRUST INC | COM | 0.62% | $707,248 | 10.7K |
| 30 | FOCUS FINL PARTNERS INC | COM CL A | 0.61% | $700,245 | 13.5K |
| 31 | PROVENTION BIO INC | COM | 0.61% | $698,900 | 29.0K |
| 32 | MOMENTIVE GLOBAL INC | COM | 0.60% | $689,680 | 74.0K |
| 33 | SUMO LOGIC INC | COM | 0.60% | $689,569 | 57.6K |
| 34 | MXMAGNACHIP SEMICONDUCTOR CORP | COM | 0.60% | $689,216 | 74.3K |
| 35 | CVENT HOLDING CORP | COMMON STOCK | 0.60% | $685,520 | 82.0K |
| 36 | U S XPRESS ENTERPRISES INC | COM CL A | 0.59% | $683,100 | 115.0K |
| 37 | RADIUS GLOBAL INFRASTRCTRE I | COM CL A | 0.59% | $681,671 | 46.5K |
| 38 | DIVERSEY HLDGS LTD | ORD SHS | 0.59% | $679,560 | 84.0K |
| 39 | UNIVAR SOLUTIONS INC | COM | 0.57% | $650,437 | 18.6K |
| 40 | ROGROGERS CORP | COM | 0.53% | $607,633 | 3.7K |
| 41 | IONQIONQ INC | COM · *W EXP 10/01/202 | 0.52% | $597,787 | 242.8K |
| 42 | TRUECAR INC | COM | 0.52% | $593,458 | 258.0K |
| 43 | THUNDER BRDG CAP PRTNRS IV I | CLASS A COM | 0.49% | $563,674 | 55.7K |
| 44 | VDCVANGUARD WORLD FDS | CONSUM STP ETF | 0.47% | $542,050 | 2.8K |
| 45 | ATLAS TECHNICAL CONSULTANTS | COM CLS A | 0.41% | $470,632 | 38.6K |
| 46 | DISDISNEY WALT CO | COM | 0.34% | $393,010 | 3.9K |
| 47 | TPG PACE BENEFICIAL II CORP | COMMON STOCK | 0.32% | $370,216 | 37.1K |
| 48 | POLESTAR AUTOMOTIVE HLDG UK | ADS C-1 | 0.29% | $331,568 | 399.2K |
| 49 | MCDMCDONALDS CORP | COM | 0.25% | $283,525 | 1.0K |
| 50 | QSRRESTAURANT BRANDS INTL INC | COM | 0.24% | $278,027 | 4.1K |
| 51 | CANO HEALTH INC | COM CL A | 0.24% | $270,336 | 297.1K |
| 52 | YUMYUM BRANDS INC | COM | 0.21% | $243,291 | 1.8K |
| 53 | WINGWINGSTOP INC | COM | 0.18% | $207,078 | 1.1K |
| 54 | PONTEM CORPORATION | SHS CL A | 0.17% | $191,797 | 18.6K |
| 55 | KHOSLA VENTURES ACQUISITION | CL A | 0.16% | $188,269 | 18.6K |
| 56 | AXIOS SUSTAINABLE GRW ACQ CO | CL A ORD SHS | 0.15% | $177,073 | 17.1K |
| 57 | PLPLANET LABS PBC | COM CL A | 0.13% | $145,933 | 37.1K |
| 58 | CNXXCONX CORP | COM CL A | 0.09% | $109,092 | 10.7K |
| 59 | NXDRNEXTDOOR HOLDINGS INC | COM CL A | 0.07% | $79,836 | 37.1K |
| 60 | YELLOW CORP | COM | 0.07% | $79,345 | 39.1K |
| 61 | DANIMER SCIENTIFIC INC | COM CL A | 0.05% | $60,054 | 17.4K |
| 62 | ARES ACQUISITION CORPORATION | *W EXP 02/02/202 | 0.01% | $9,806 | 11.1K |
| 63 | GOGORO INC | *W EXP 04/04/202 | 0.01% | $8,076 | 13.9K |
| 64 | KERNEL GROUP HOLDINGS INC | *W EXP 02/02/202 | 0.00% | $2,675 | 23.3K |
| 65 | CONSTELLATION ACQUISITN CORP | *W EXP 01/29/202 | 0.00% | $1,764 | 18.6K |
| 66 | BLUERIVER ACQUISITION CORP | *W EXP 01/04/202 | 0.00% | $1,387 | 37.0K |
| 67 | THUNDER BRIDGE CAP PRTNRS II | *W EXP 02/01/202 | 0.00% | $1,338 | 11.1K |
| 68 | GREENLIGHT BIOSCIENCS HLDS P | *W EXP 02/02/202 | 0.00% | $712 | 13.9K |
| 69 | 26 CAPITAL ACQUISITION CORP | *W EXP 12/31/202 | 0.00% | $384 | 13.9K |
| 70 | PEAR THERAPEUTICS INC | *W EXP 12/03/202 | 0.00% | $250 | 13.1K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $23M | 21 | May 1, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $23M | 7 | Feb 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $94M | 93 | Nov 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $116M | 84 | Aug 7, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $129M | 72 | May 8, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $138M | 70 | Feb 18, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $167M | 83 | Nov 7, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $155M | 94 | Aug 8, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $147M | 91 | May 8, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $102M | 94 | Feb 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $197M | 100 | Nov 8, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $131M | 82 | Aug 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $115M | 86 | May 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $97M | 90 | Feb 9, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $139M | 106 | Nov 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $129M | 113 | Aug 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $167M | 153 | May 5, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $148M | 132 | Feb 7, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $167M | 146 | Nov 9, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $200M | 143 | Jul 20, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $182M | 142 | May 6, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $125M | 62 | Feb 11, 2021 | 13F-HR | changes · 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 ↗.