Trellus Management Company, LLC

CIK

1307877

Location

New York, NY

Portfolio Value

Micro $338,880

Diversification

Diversified

Filing Date

Global Rank

#5,355 / 6,895 ▲ 118

Top Industry

Electronic Components 19.1%

3Y Alpha vs SPY

+25.5%

Period ended 2 years ago

Filed Oct 24, 2023 · 2y

15 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+213.2%

SPY

+76.3%

Annualised alpha

+25.5%

Max drawdown

−35.0%

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, 2023

Top Position

19.1%

−5.9 pts

Top 5

57.2%

+0.8 pts

Top 10

72.7%

+4.1 pts

HHI

840

Diversified−178

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2023

Sector	% Portfolio	Value	Positions
Technology	28.7%	$16,028,452	14
Unclassified	28.3%	$15,830,500	2
Healthcare	15.6%	$8,719,039	7
Utilities	9.1%	$5,072,448	1
Industrials	6.9%	$3,833,350	4
Consumer Cyclical	5.9%	$3,285,211	7
Communication Services	3.0%	$1,684,660	3
Energy	1.3%	$727,700	1
Basic Materials	0.6%	$356,000	1
Consumer Defensive	0.6%	$338,880	1

Last Quarter's Activity

Export CSV

Sep 30, 2023 vs Jun 30, 2023

Added To

Positions the filer increased

9 positions

Ticker	Company	Δ Shares	Shares	Value
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

Ticker	Company	Δ Shares	Shares	Value
CDXS	Codexis, Inc.	−31,460	220,000	$415,800
SPY	Spdr S&P 500 ETF Trust	−5,000	25,000	$10,687,000
UBER	Uber Technologies, Inc	−3,000	11,560	$531,644
DDOG	Datadog, Inc.	−1,500	3,500	$318,815
No positions match the current search.

New Positions

Positions the filer opened this quarter

16 positions

Ticker	Company	Shares	Value
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
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.

Portfolio Positions

Compact Export CSV View 13F filing

1 positions · $338,880 total · Consumer Defensive only · as of Sep 30, 2023

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio	History
PEP	Pepsico Inc Consumer Defensive	NEW	2,000	NEW	$338,880	NEW	100.00%