Trellus Management Company, LLC
Filing Date
Global Rank
#5,211
/ 6,898
▲ 109
· as of Sep 2023
Top Industry
Auto Parts
17.0%
3Y Alpha vs SPY
+26.0%
Period ended 2 years ago
Filed Oct 24, 2023 · 2y
15 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+144.8%
SPY
+76.5%
Annualised alpha
+13.9%
Max drawdown
−34.6%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
41 positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023Top Position
17.1%
−5.1 pts
Top 5
57.5%
−2.2 pts
Top 10
75.0%
+3.2 pts
HHI
810
Diversified−149
Portfolio Trend
15 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 25.6% | $16,028,452 |
| Unclassified | 25.3% | $15,830,500 |
| Consumer Cyclical | 15.9% | $9,959,611 |
| Healthcare | 13.9% | $8,719,039 |
| Utilities | 8.1% | $5,072,448 |
| Industrials | 6.1% | $3,833,350 |
| Communication Services | 2.7% | $1,684,660 |
| Energy | 1.2% | $727,700 |
| Basic Materials | 0.6% | $356,000 |
| Consumer Defensive | 0.5% | $338,880 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
9 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| APPS | Digital Turbine, Inc. | +245,900 | 400,000 | $2,420,000 | |
| WGS | GeneDx Holdings Corp. | +54,976 | 155,012 | $564,243 | |
| PACB | Pacific Biosciences Of California, Inc. | +22,500 | 111,000 | $926,850 | |
| WPRT | Westport Fuel Systems Inc. | +20,238 | 83,238 | $504,422 | |
| PACK | Ranpak Holdings Corp. | +20,000 | 208,817 | $1,135,964 | |
| INDI | indie Semiconductor, Inc. | +8,776 | 110,000 | $693,000 | |
| DOCU | Docusign, Inc. | +5,000 | 10,000 | $420,000 | |
| APLD | Applied Digital Corp. | +4,126 | 80,000 | $499,200 | |
| AVNW | Aviat Networks, Inc. | +4,000 | 31,500 | $982,800 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
4 positions
New Positions
Positions the filer opened this quarter
16 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| GLD | Spdr Gold Trust | 30,000 | $5,143,500 | |
| QDEL | QuidelOrtho Corp | 46,600 | $3,403,664 | |
| FLGT | Fulgent Genetics, Inc. | 43,100 | $1,152,494 | |
| CECO | Ceco Environmental Corp | 48,763 | $778,745 | |
| NSC | Norfolk Southern Corp | 3,500 | $689,255 | |
| ENS | EnerSys | 5,000 | $473,350 | |
| CHWY | Chewy, Inc. | 20,000 | $365,200 | |
| PEP | Pepsico Inc | 2,000 | $338,880 | |
| BILL | BILL Holdings, Inc. | 3,000 | $325,710 | |
| MTCH | Match Group, Inc. | 8,000 | $313,400 | |
| FSLY | Fastly, Inc. | 14,600 | $279,882 | |
| LGIH | LGI Homes, Inc. | 2,500 | $248,725 | |
| DCGO | DocGo Inc. | 35,570 | $189,588 | |
| LTH | Life Time Group Holdings, Inc. | 10,000 | $152,100 | |
| CCL | Carnival Corp Ltd. | 10,000 | $137,200 | |
| GNSS | Genasys Inc. | 60,000 | $120,600 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
15 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| RMNI | Rimini Street, Inc. | 350,000 | $1,676,500 | |
| SMTC | Semtech Corp | 40,000 | $1,018,400 | |
| GIS | General Mills Inc | 10,000 | $767,000 | |
| BLZE | Backblaze, Inc. | 160,000 | $692,800 | |
| HAL | Halliburton Co | 20,000 | $659,800 | |
| CALX | Calix, Inc | 12,935 | $645,585 | |
| SABR | Sabre Corp | 160,000 | $510,400 | |
| SBSW | Sibanye Stillwater Ltd | 80,000 | $499,200 | |
| CTLP | Cantaloupe, Inc. | 59,254 | $471,661 | |
| XPOF | Xponential Fitness, Inc. | 20,000 | $345,000 | |
| RNG | RingCentral, Inc. | 10,000 | $327,300 | |
| MRVL | Marvell Technology, Inc. | 5,000 | $298,900 | |
| CNH | CNH Industrial N.V. | 11,312 | $162,892 | |
| OPK | Opko Health, Inc. | 74,388 | $161,421 | |
| FENC | Fennec Pharmaceuticals Inc. | 10,561 | $93,253 | |
| No positions match the current search. | ||||
41 positions ·
$62,550,640 total
· as of Sep 30, 2023
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Healthcare
Industrials
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SPY |
Spdr S&P 500 ETF Trust
|
Reduced | 25,000 | $10,687,000 | 17.09% | |
| VICR |
Vicor Corp
Technology
|
Held | 129,945 | $7,652,461 | 12.23% | |
| PRTS |
CarParts.com, Inc.
Consumer Cyclical
|
Held | 180,000 | $7,416,000 | 11.86% | |
| GLD |
Spdr Gold Trust
|
NEW | 30,000 | $5,143,500 | 8.22% | |
| AWK |
American Water Works Company, Inc.
Utilities
|
Held | 40,963 | $5,072,448 | 8.11% | |
| QDEL |
QuidelOrtho Corp
Healthcare
|
NEW | 46,600 | $3,403,664 | 5.44% | |
| APPS |
Digital Turbine, Inc.
Technology
|
Added | 400,000 | $2,420,000 | 3.87% | |
| CNC |
Centene Corp
Healthcare
|
Held | 30,000 | $2,066,400 | 3.30% | |
| ASPN |
Aspen Aerogels Inc
Industrials
|
Held | 220,000 | $1,892,000 | 3.02% | |
| FLGT |
Fulgent Genetics, Inc.
Healthcare
|
NEW | 43,100 | $1,152,494 | 1.84% | |
| PACK |
Ranpak Holdings Corp.
Consumer Cyclical
|
Added | 208,817 | $1,135,964 | 1.82% | |
| DIS |
Walt Disney Co
Communication Services
|
Held | 13,200 | $1,069,860 | 1.71% | |
| AVNW |
Aviat Networks, Inc.
Technology
|
Added | 31,500 | $982,800 | 1.57% | |
| PACB |
Pacific Biosciences Of California, Inc.
Healthcare
|
Added | 111,000 | $926,850 | 1.48% | |
| ADSK |
Autodesk, Inc.
Technology
|
Held | 4,000 | $827,640 | 1.32% | |
| CECO |
Ceco Environmental Corp
Industrials
|
NEW | 48,763 | $778,745 | 1.24% | |
| CLNE |
Clean Energy Fuels Corp.
Energy
|
Held | 190,000 | $727,700 | 1.16% | |
| INDI |
indie Semiconductor, Inc.
Technology
|
Added | 110,000 | $693,000 | 1.11% | |
| NSC |
Norfolk Southern Corp
Industrials
|
NEW | 3,500 | $689,255 | 1.10% | |
| WGS |
GeneDx Holdings Corp.
Healthcare
|
Added | 155,012 | $564,243 | 0.90% | |
| UBER |
Uber Technologies, Inc
Technology
|
Reduced | 11,560 | $531,644 | 0.85% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Held | 5,000 | $514,100 | 0.82% | |
| WPRT |
Westport Fuel Systems Inc.
Consumer Cyclical
|
Added | 83,238 | $504,422 | 0.81% | |
| APLD |
Applied Digital Corp.
Technology
|
Added | 80,000 | $499,200 | 0.80% | |
| ENS |
EnerSys
Industrials
|
NEW | 5,000 | $473,350 | 0.76% | |
| XYZ |
Block, Inc.
Technology
|
Held | 10,000 | $442,600 | 0.71% | |
| DOCU |
Docusign, Inc.
Technology
|
Added | 10,000 | $420,000 | 0.67% | |
| CDXS |
Codexis, Inc.
Healthcare
|
Reduced | 220,000 | $415,800 | 0.66% | |
| CHWY |
Chewy, Inc.
Consumer Cyclical
|
NEW | 20,000 | $365,200 | 0.58% | |
| MOS |
Mosaic Co
Basic Materials
|
Held | 10,000 | $356,000 | 0.57% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
NEW | 2,000 | $338,880 | 0.54% | |
| BILL |
BILL Holdings, Inc.
Technology
|
NEW | 3,000 | $325,710 | 0.52% | |
| DDOG |
Datadog, Inc.
Technology
|
Reduced | 3,500 | $318,815 | 0.51% | |
| MTCH |
Match Group, Inc.
Communication Services
|
NEW | 8,000 | $313,400 | 0.50% | |
| GENI |
Genius Sports Ltd
Communication Services
|
Held | 56,548 | $301,400 | 0.48% | |
| FSLY |
Fastly, Inc.
Technology
|
NEW | 14,600 | $279,882 | 0.45% | |
| LGIH |
LGI Homes, Inc.
Consumer Cyclical
|
NEW | 2,500 | $248,725 | 0.40% | |
| DCGO |
DocGo Inc.
Healthcare
|
NEW | 35,570 | $189,588 | 0.30% | |
| LTH |
Life Time Group Holdings, Inc.
Consumer Cyclical
|
NEW | 10,000 | $152,100 | 0.24% | |
| CCL |
Carnival Corp Ltd.
Consumer Cyclical
|
NEW | 10,000 | $137,200 | 0.22% | |
| GNSS |
Genasys Inc.
Technology
|
NEW | 60,000 | $120,600 | 0.19% |