Zebra Capital Management LLC

CIK

1316915

Location

Stamford, CT

Portfolio Value

Micro $570,356

Diversification

Diversified

Filing Date

Global Rank

#6,300 / 6,871 ▲ 23

Top Industry

Biotechnology 10.1%

3Y Alpha vs SPY

-7.0%

Period ended 3 years ago

Filed May 15, 2023 · 3y

13 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

+47.3%

SPY

+76.3%

Annualised alpha

-7.0%

Max drawdown

−23.7%

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

53 positions · as of Mar 31, 2023 · Δ vs Dec 31, 2022

Top Position

4.5%

−1.8 pts

Top 5

21.1%

−6.1 pts

Top 10

38.4%

−7.9 pts

HHI

261

Diversified−63

Portfolio Trend

13 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2023

Sector	% Portfolio	Value	Positions
Technology	20.8%	$3,203,974	10
Healthcare	18.1%	$2,783,611	8
Industrials	15.2%	$2,339,824	7
Consumer Cyclical	12.6%	$1,943,054	10
Energy	9.8%	$1,507,418	4
Financial Services	6.8%	$1,055,436	4
Basic Materials	4.8%	$747,543	2
Real Estate	4.8%	$744,302	2
Consumer Defensive	3.7%	$570,356	3
Utilities	1.8%	$281,631	1
Communication Services	1.6%	$242,270	2

Last Quarter's Activity

Export CSV

Mar 31, 2023 vs Dec 31, 2022

Added To

Positions the filer increased

14 positions

Ticker	Company	Δ Shares	Shares	Value
SSP	E.W. SCRIPPS Co	+13,542	26,596	$188,172
RMNI	Rimini Street, Inc.	+7,029	24,580	$101,269
RLGT	Radiant Logistics, Inc	+5,455	17,567	$115,239
KELYA	Kelly Services Inc	+4,439	24,960	$414,086
LCUT	Lifetime Brands, Inc	+2,675	13,959	$82,078
RUSHA	Rush Enterprises Inc \Tx\	+1,742	10,618	$386,495
ACEL	Accel Entertainment, Inc.	+1,442	11,645	$106,085
CNXN	Pc Connection Inc	+932	14,625	$657,540
III	Information Services Group Inc.	+738	14,269	$72,629
HALO	Halozyme Therapeutics, Inc.	+653	6,695	$255,682
CVLT	Commvault Systems Inc	+322	3,647	$206,930
HUBG	Hub Group, Inc.	+295	4,875	$204,603
CHRD	Chord Energy Corp	+173	2,736	$368,265
ACT	Enact Holdings, Inc.	+26	24,668	$563,910
No positions match the current search.

Trimmed

Positions the filer reduced

19 positions

Ticker	Company	Δ Shares	Shares	Value
AMKR	Amkor Technology, Inc.	−16,240	24,453	$636,267
INNV	InnovAge Holding Corp.	−14,720	63,904	$509,953
SCSC	Scansource, Inc.	−12,718	9,611	$292,558
TEAD	Teads Holding Co.	−12,414	13,099	$54,098
VIR	Vir Biotechnology, Inc.	−10,339	27,110	$630,849
MBIN	Merchants Bancorp	−4,594	9,789	$254,905
MMI	Marcus & Millichap, Inc.	−4,024	8,499	$272,902
RES	Rpc Inc	−3,459	19,776	$152,077
ACAD	Acadia Pharmaceuticals Inc	−3,019	11,599	$218,293
OTTR	Otter Tail Corp	−2,978	7,746	$559,803
DXLG	Destination XL Group, Inc.	−2,512	10,801	$59,513
ALKS	Alkermes plc.	−2,490	18,178	$512,437
WMK	Weis Markets Inc	−2,038	2,878	$243,680
UFPI	Ufp Industries Inc	−1,105	7,900	$627,813
MGEE	Mge Energy Inc	−771	3,626	$281,631
COKE	Coca-Cola Consolidated, Inc.	−551	600	$32,104
CRVL	Corvel Corp	−484	1,733	$109,918
DIOD	Diodes Inc /Del/	−313	5,695	$528,268
KRO	Kronos Worldwide Inc	−9	13,000	$119,730
No positions match the current search.

New Positions

Positions the filer opened this quarter

20 positions

Ticker	Company	Shares	Value
CVI	Cvr Energy Inc	21,227	$695,821
AEIS	Advanced Energy Industries Inc	5,049	$494,802
NMRK	Newmark Group, Inc.	66,582	$471,400
PATK	Patrick Industries Inc	8,280	$379,830
RYZ	Ryerson Holding Corp	10,293	$374,459
PTCT	Ptc Therapeutics, Inc.	6,600	$319,704
IMKTA	Ingles Markets Inc	3,321	$294,572
CSGS	Csg Systems International Inc	5,461	$293,255
CRGY	Crescent Energy Co	25,752	$291,255
CVCO	Cavco Industries, Inc.	878	$278,975
GOLF	Acushnet Holdings Corp.	5,068	$258,163
ONEW	OneWater Marine Inc.	7,987	$223,396
ALRM	Alarm.com Holdings, Inc.	4,363	$219,371
OFIX	Orthofix Medical Inc.	11,923	$199,710
RBBN	Ribbon Communications Inc.	57,277	$195,887
DLX	Deluxe Corp	11,052	$176,832
FOLD	AMICUS THERAPEUTICS, INC.	12,352	$136,983
HBNC	Horizon Bancorp Inc /In/	11,456	$126,703
TILE	Interface Inc	12,770	$103,692
DLTH	Duluth Holdings Inc.	10,161	$64,827
No positions match the current search.

Sold Out

Positions the filer fully exited

15 positions

Ticker	Company	Shares	Value
WFRD	Weatherford International plc	18,434	$938,659
PLUS	Eplus Inc	8,978	$397,545
MTDR	Matador Resources Co	6,706	$383,851
AIT	Applied Industrial Technologies Inc	2,544	$320,620
RMR	Rmr Group Inc.	10,125	$286,031
AD	Array Digital Infrastructure, Inc.	12,326	$256,997
OSIS	Osi Systems Inc	3,137	$249,454
HRMY	Harmony Biosciences Holdings, Inc.	4,414	$243,211
MGY	Magnolia Oil & Gas Corp	9,904	$232,248
SRCE	1St Source Corp	4,213	$223,668
SHOO	Steven Madden, Ltd.	6,642	$212,278
BWB	Bridgewater Bancshares Inc	11,663	$206,901
MLI	Mueller Industries Inc	4,665	$137,617
AXGN	Axogen, Inc.	10,612	$105,907
ZYXIQ	ZYNEX INC	11,309	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

3 positions · $570,356 total · Consumer Defensive only · as of Mar 31, 2023

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
IMKTA	Ingles Markets Inc Consumer Defensive	NEW	3,321	NEW	$294,572	NEW	51.65%
WMK	Weis Markets Inc Consumer Defensive	Reduced	2,878	-2,038	$243,680	−39.8%	42.72%
COKE	Coca-Cola Consolidated, Inc. Consumer Defensive	Reduced	600	-551	$32,104	−45.6%	5.63%