Managers / Q3 2022
SARISSA CONSULTING LLC
CIK 0001915870 · 721 GEORGINA AVE, SANTA MONICA, CA, 90402 · 310-980-7688
Summary
Sarissa Consulting LLC reported $97M in U.S.-listed holdings across 51 positions for Q3 2022.
Its largest position, YUSD, represents 8.4% of the portfolio.
Compared with Q2 2022, the fund opened 24 new positions and exited 28.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 72.0% · $70M
- Other · 14.4% · $14M
- MLP · 4.6% · $4M
- ADR · 4.2% · $4M
- REIT · 3.9% · $4M
- Closed-End Fund · 1.0% · $951,000
Quarter-over-Quarter Changes full breakdown →
vs Q2 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| YUSDALLEGHANY CORP MD | NEW | +9.7K | 9.7K | +$8M | $8M |
| AVALARA INC | NEW | +39.5K | 39.5K | +$4M | $4M |
| PING IDENTITY HLDG CORP | NEW | +93.4K | 93.4K | +$3M | $3M |
| ATLAS AIR WORLDWIDE HLDGS IN | NEW | +26.0K | 26.0K | +$2M | $2M |
| 1LIFE HEALTHCARE INC | NEW | +131.7K | 131.7K | +$2M | $2M |
| ZENDESK INC | NEW | +27.6K | 27.6K | +$2M | $2M |
| IRONSOURCE LTD | NEW | +568.6K | 568.6K | +$2M | $2M |
| SHELL MIDSTREAM PARTNERS L P | NEW | +120.0K | 120.0K | +$2M | $2M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | YUSDALLEGHANY CORP MDhistory → | COM | 8.40% | $8M | 9.7K |
| 2 | NIELSEN HLDGS PLC | SHS EUR | 8.01% | $8M | 280.0K |
| 3 | CITRIX SYS INC | COM | 6.38% | $6M | 59.5K |
| 4 | CHANGE HEALTHCARE INC | COM | 3.94% | $4M | 138.7K |
| 5 | ACTIVISION BLIZZARD INC | COM | 3.75% | $4M | 48.9K |
| 6 | AVALARA INC | COM | 3.74% | $4M | 39.5K |
| 7 | ROGROGERS CORPhistory → | COM | 3.51% | $3M | 14.1K |
| 8 | TENNECO INC | COM | 3.12% | $3M | 173.8K |
| 9 | SHAW COMMUNICATIONS INC | CL B CONV | 3.05% | $3M | 121.8K |
| 10 | PING IDENTITY HLDG CORP | COM | 2.71% | $3M | 93.4K |
| 11 | SPRAGUE RES LP COM | COM UNIT REP LTD | 2.60% | $3M | 127.0K |
| 12 | ATLAS AIR WORLDWIDE HLDGS IN | COM NEW | 2.56% | $2M | 26.0K |
| 13 | TGNATEGNA INChistory → | COM | 2.53% | $2M | 118.5K |
| 14 | TSEMTOWER SEMICONDUCTOR LTDhistory → | SHS NEW | 2.38% | $2M | 52.6K |
| 15 | TWITTER INC | COM | 2.33% | $2M | 51.6K |
| 16 | 1LIFE HEALTHCARE INC | COM | 2.33% | $2M | 131.7K |
| 17 | BKOBLUEROCK RESIDENTIAL GWT REIhistory → | COM CL A | 2.29% | $2M | 83.1K |
| 18 | ZENDESK INC | COM | 2.17% | $2M | 27.6K |
| 19 | IRONSOURCE LTD | CL A ORD SHS | 2.02% | $2M | 568.6K |
| 20 | SHELL MIDSTREAM PARTNERS L P | UNIT LTD INT | 1.96% | $2M | 120.0K |
| 21 | MTBLYRENREN INChistory → | SPONSORED ADS | 1.86% | $2M | 60.8K |
| 22 | GLOBAL BLOOD THERAPEUTICS IN | COM | 1.83% | $2M | 26.0K |
| 23 | SOUTH JERSEY INDS INC | COM | 1.77% | $2M | 51.2K |
| 24 | LUCID GROUP INC | COM | 1.70% | $2M | 117.8K |
| 25 | LHC GROUP INC | COM | 1.69% | $2M | 10.0K |
| 26 | MONEYGRAM INTL INC | COM NEW | 1.64% | $2M | 153.1K |
| 27 | DUKE REALTY CORP | COM NEW | 1.59% | $2M | 32.0K |
| 28 | YRIYAMANA GOLD INChistory → | COM | 1.52% | $1M | 325.0K |
| 29 | HBANHUNTINGTON BANCSHARES INChistory → | COM | 1.49% | $1M | 109.5K |
| 30 | SIMOSILICON MOTION TECHNOLOGY COhistory → | SPONSORED ADR | 1.48% | $1M | 22.0K |
| 31 | TXNMPNM RES INChistory → | COM | 1.20% | $1M | 25.5K |
| 32 | PPLIIAC INChistory → | COM NEW | 1.17% | $1M | 20.4K |
| 33 | IROBOT CORP | COM | 1.14% | $1M | 19.6K |
| 34 | FHNFIRST HORIZON CORPORATIONhistory → | COM | 1.11% | $1M | 47.0K |
| 35 | SWITCH INC | CL A | 1.08% | $1M | 31.2K |
| 36 | NUVEEN INTER DURATION MUN TE | COM | 0.91% | $879,000 | 71.1K |
| 37 | VMWARE INC | CL A COM | 0.88% | $852,000 | 8.0K |
| 38 | INDUSTRIAS BACHOCO SAB | SPON ADR B | 0.85% | $821,000 | 17.8K |
| 39 | COVETRUS INC | COM | 0.68% | $661,000 | 31.7K |
| 40 | SPESPECIAL OPPORTUNITIES FD INC | COM | 0.68% | $660,000 | 59.5K |
| 41 | TRANSGLOBE ENERGY CORP | COM | 0.61% | $587,000 | 219.2K |
| 42 | MERIDIAN BIOSCIENCE INC | COM | 0.59% | $576,000 | 18.3K |
| 43 | TURQUOISE HILL RES LTD | COM | 0.55% | $532,000 | 18.0K |
| 44 | NUVEEN EMERGING MKTS DEBT 20 | COM | 0.50% | $488,000 | 75.9K |
| 45 | CHEMOCENTRYX INC | COM | 0.43% | $413,000 | 8.0K |
| 46 | CEDAR FAIR L P | DEPOSITRY UNIT | 0.37% | $358,000 | 8.7K |
| 47 | BLACK KNIGHT INC | COM | 0.33% | $324,000 | 5.0K |
| 48 | XEFLXEATON VANCE FLOATING RATE 20 | COM | 0.30% | $291,000 | 33.8K |
| 49 | AFRICAN GOLD ACQUISITION COR | UNIT 99/99/9999 | 0.11% | $109,000 | 11.0K |
| 50 | DSEURDRIVE SHACK INC | COM | 0.01% | $10,000 | 16.7K |
Filing History
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 ↗.