Latest Tensile Capital Management LLC Stock Portfolio
Tensile Capital Management LLC Performance:
2024 Q3: 9.48%YTD: 14.99%2023: 28.17%
Performance for 2024 Q3 is 9.48%, and YTD is 14.99%, and 2023 is 28.17%.
About Tensile Capital Management LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Tensile Capital Management LP reported an equity portfolio of $924.9 Millions as of 30 Sep, 2024.
The top stock holdings of Tensile Capital Management LP are VERX, DKS, LAD. The fund has invested 16.9% of it's portfolio in VERTEX INC and 9.6% of portfolio in DICKS SPORTING GOODS.
The fund managers got completely rid off CNH INDL N V (CNHI), EVERBRIDGE INC (EVBG) and DRIVEN BRANDS HLDGS INC stocks. They significantly reduced their stock positions in WORKIVA INC (WK), BLACKLINE INC (BL) and SMARTSHEET INC (SMAR). Tensile Capital Management LP opened new stock positions in RUSH ENTERPRISES INC (RUSHA). The fund showed a lot of confidence in some stocks as they added substantially to PROS HOLDINGS INC (PRO), NCINO INC (NCNO) and LITHIA MTRS INC (LAD).
The top stock holdings of Tensile Capital Management LP are VERX, DKS, LAD. The fund has invested 16.9% of it's portfolio in VERTEX INC and 9.6% of portfolio in DICKS SPORTING GOODS.
The fund managers got completely rid off CNH INDL N V (CNHI), EVERBRIDGE INC (EVBG) and DRIVEN BRANDS HLDGS INC stocks. They significantly reduced their stock positions in WORKIVA INC (WK), BLACKLINE INC (BL) and SMARTSHEET INC (SMAR). Tensile Capital Management LP opened new stock positions in RUSH ENTERPRISES INC (RUSHA). The fund showed a lot of confidence in some stocks as they added substantially to PROS HOLDINGS INC (PRO), NCINO INC (NCNO) and LITHIA MTRS INC (LAD).
Tensile Capital Management LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Tensile Capital Management LP made a return of 9.48% in the last quarter. In trailing 12 months, it's portfolio return was 32.46%.
New Buys
| Ticker | $ Bought |
|---|---|
| rush enterprises inc | 1,814,920 |
New stocks bought by Tensile Capital Management LLC
Additions
| Ticker | % Inc. |
|---|---|
| pros holdings inc | 373 |
| ncino inc | 16.53 |
| lithia mtrs inc | 2.45 |
Additions to existing portfolio by Tensile Capital Management LLC
Reductions
| Ticker | % Reduced |
|---|---|
| workiva inc | -27.18 |
| blackline inc | -18.03 |
| smartsheet inc | -17.48 |
| crown hldgs inc | -13.13 |
| vertex inc | -12.52 |
| academy sports & outdoors | -12.46 |
| dicks sporting goods | -6.16 |
| valvoline inc | -3.01 |
Tensile Capital Management LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| cnh indl n v | -9,228,720 |
| driven brands hldgs inc | -5,728,500 |
| everbridge inc | -6,998,000 |
| donnelley finl solutions inc | -4,418,380 |
Tensile Capital Management LLC got rid off the above stocks
Sector Distribution
Tensile Capital Management LP has about 49.7% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 49.7 |
| Consumer Cyclical | 28.8 |
| Energy | 8.5 |
| Consumer Defensive | 6.2 |
| Others | 4.4 |
| Real Estate | 2.5 |
Market Cap. Distribution
Tensile Capital Management LP has about 24.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 45.3 |
| LARGE-CAP | 24.7 |
| SMALL-CAP | 19.2 |
| MICRO-CAP | 6.4 |
| UNALLOCATED | 4.4 |
Stocks belong to which Index?
About 33.9% of the stocks held by Tensile Capital Management LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 66.1 |
| RUSSELL 2000 | 31.4 |
| S&P 500 | 2.5 |
Tensile Capital Management LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Tensile Capital Management LLC
Tensile Capital Management LP has 17 stocks in it's portfolio. About 80.6% of the portfolio is in top 10 stocks. PRO proved to be the most loss making stock for the portfolio. QTWO was the most profitable stock for Tensile Capital Management LP last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ALIT | alight inc. | 6.42 | 8,028,670 | 59,412,100 | unchanged | 0.00 | ||
| ASO | academy sports & outdoors | 3.77 | 597,039 | 34,843,200 | reduced | -12.46 | ||
| BATRA | atlanta braves holdings inc | 4.21 | 978,907 | 38,960,500 | unchanged | 0.00 | ||
| BL | blackline inc | 3.79 | 635,997 | 35,068,900 | reduced | -18.03 | ||
| CCK | crown hldgs inc | 6.38 | 615,074 | 58,973,300 | reduced | -13.13 | ||
| CNHI | cnh indl n v | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DFIN | donnelley finl solutions inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DKS | dicks sporting goods | 9.63 | 426,844 | 89,082,300 | reduced | -6.16 | ||
| EQIX | equinix inc | 2.48 | 25,892 | 22,982,500 | unchanged | 0.00 | ||
| EVBG | everbridge inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| LAD | lithia mtrs inc | 8.98 | 261,527 | 83,071,400 | added | 2.45 | ||
| NCNO | ncino inc | 4.33 | 1,268,730 | 40,079,300 | added | 16.53 | ||
| PRO | pros holdings inc | 2.33 | 1,161,300 | 21,507,300 | added | 373 | ||
| QTWO | q2 hldgs inc | 8.04 | 932,767 | 74,406,800 | unchanged | 0.00 | ||
| RUSHA | rush enterprises inc | 0.20 | 34,354 | 1,814,920 | new | |||
| SMAR | smartsheet inc | 5.27 | 879,816 | 48,706,600 | reduced | -17.48 | ||
| USFD | us foods hldg corp | 6.19 | 931,314 | 57,275,800 | reduced | -2.61 | ||
| VERX | vertex inc | 16.88 | 4,053,550 | 156,102,000 | reduced | -12.52 | ||
| VVV | valvoline inc | 8.48 | 1,875,180 | 78,476,200 | reduced | -3.01 | ||
| WK | workiva inc | 2.61 | 304,605 | 24,100,300 | reduced | -27.18 | ||