Lapides Asset Management, LLC

CIK

1357993

Location

GREENWICH, CT

Portfolio Value

Small $148,953,509

Diversification

Diversified

Filing Date

Global Rank

#5,325 / 7,034 ▼ 116 · as of Jun 2023

Top Industry

Software - Application 11.9%

Period ended 3 years ago

Filed Aug 4, 2023 · 3y

14 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2023, never from the firm's own description.

Style

Diversified active

Top 10 weight 40.0%, 36.0 effective positions, active share 95.7% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

36.7% over the last four quarters (30% to under 100%)

Horizon

Horizon unknown

The value-weighted holding period is at least 9.0 quarters, but 34.3% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 95.7%; sector active share 29.3% against the combined 13F book's sector weights.

Over time 14 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

51 tracked positions · as of Jun 30, 2023 · Δ vs Mar 31, 2023

Top Position

5.3%

−0.4 pts

Top 5

23.1%

−2.0 pts

Top 10

40.0%

−3.1 pts

HHI

278

Diversified−37

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2023

Sector	% Portfolio	Value	Positions
Technology	41.7%	$62,153,660	20
Healthcare	15.5%	$23,114,078	8
Unclassified	9.9%	$14,754,398	5
Consumer Defensive	8.1%	$12,019,521	3
Industrials	6.9%	$10,318,386	3
Basic Materials	6.5%	$9,694,517	4
Communication Services	6.1%	$9,057,398	2
Consumer Cyclical	5.3%	$7,841,551	6

Last Quarter's Activity

Export CSV

Jun 30, 2023 vs Mar 31, 2023

Added To

Positions the filer increased

8 positions

Ticker	Company	Δ Shares	Shares	Value
ADT	ADT Inc.	+180,400	924,000	$5,571,720
ADTN	ADTRAN Holdings, Inc.	+149,500	490,300	$5,162,859
ANGO	Angiodynamics Inc	+132,400	430,600	$4,491,158
—		+39,000	480,300	$2,180,562
MGNI	Magnite, Inc.	+21,700	172,400	$2,353,260
ADEA	Adeia Inc.	+7,674	215,800	$2,375,958
VFC	V F Corp	+500	115,900	$2,212,531
—		+200	39,800	$2,099,052
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ARAY	Accuray Inc	−148,000	492,000	$1,904,040
UEIC	Universal Electronics Inc	−129,300	334,000	$3,213,080
LSPD	Lightspeed Commerce Inc.	−92,200	127,800	$2,162,376
—		−86,778	60,960	$2,307,336
VYX	NCR Voyix Corp	−68,400	143,700	$3,621,234
CRTO	Criteo S.A.	−67,500	198,700	$6,704,138
PUBM	PubMatic, Inc.	−62,800	87,500	$1,599,500
AUDC	Audiocodes Ltd	−51,900	187,700	$1,713,701
KN	Knowles Corp	−49,100	379,600	$6,855,576
HUN	Huntsman CORP	−42,600	85,500	$2,310,210
XRAY	DENTSPLY SIRONA Inc.	−37,900	127,600	$5,106,552
FTDR	Frontdoor, Inc.	−30,600	66,100	$2,108,590
AVD	American Vanguard Corp	−30,100	261,100	$4,665,857
LRN	Stride, Inc.	−29,856	98,700	$3,674,601
CMTL	Comtech Telecommunications Corp	−26,500	13,900	$127,046
XPER	Xperi Inc.	−24,700	347,270	$4,566,600
NTAP	NetApp, Inc.	−20,200	33,800	$2,582,320
FC	Franklin Covey Co	−15,100	83,300	$3,638,544
ARW	Arrow Electronics, Inc.	−9,700	16,200	$2,320,326
BALL	BALL Corp	−8,600	10,500	$611,205
FMC	Fmc Corp	−7,100	2,500	$260,850
—		−6,800	116,000	$0
EEFT	Euronet Worldwide, Inc.	−4,300	67,400	$7,910,738
—		−4,000	110,300	$3,206,421
TTEK	Tetra Tech Inc	−4,000	7,900	$1,293,546
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
IWM	iShares Russell 2000 ETF	37,700	$7,060,079
CMRC	Commerce.com, Inc.	194,900	$1,939,255
QGEN	Qiagen N.V.	32,000	$1,487,059
BL	Blackline, Inc.	21,800	$1,173,276
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
IMAX	Imax Corp	64,000	$1,227,520
PRPL	Purple Innovation, Inc.	75,400	$199,056
—		100,500	$2,374
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

51 tracked positions · $148,953,509 total · filing declares 51 positions · $152,974,376 · as of Jun 30, 2023

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

Showing 1–50 of 51 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
EEFT	Euronet Worldwide, Inc. Technology	Reduced	67,400	-4,300	$7,910,738	−1.4%	11	$117.97	5.31%
IWM	iShares Russell 2000 ETF	NEW	37,700	NEW	$7,060,079	NEW	1	unpriced	4.74%
KN	Knowles Corp Technology	Reduced	379,600	-49,100	$6,855,576	−5.9%	14+	before history	4.60%
CRTO	Criteo S.A. Communication Services	Reduced	198,700	-67,500	$6,704,138	−20.1%	6	$28.43	4.50%
ITGR	Integer Holdings Corp Healthcare	Reduced	66,400	-2,600	$5,883,704	+10.0%	12	$67.35	3.95%
ADT	ADT Inc. Industrials	Added	924,000	+180,400	$5,571,720	+3.6%	6	$6.95	3.74%
ADTN	ADTRAN Holdings, Inc. Technology	Added	490,300	+149,500	$5,162,859	−4.5%	5	$15.61	3.47%
XRAY	DENTSPLY SIRONA Inc. Healthcare	Reduced	127,600	-37,900	$5,106,552	−21.4%	14+	before history	3.43%
LOPE	Grand Canyon Education, Inc. Consumer Defensive	Held	45,600	0	$4,706,376	−9.4%	8	$86.49	3.16%
AVD	American Vanguard Corp Basic Materials	Reduced	261,100	-30,100	$4,665,857	−26.8%	14+	before history	3.13%
XPER	Xperi Inc. Technology	Reduced	347,270	-24,700	$4,566,600	+12.3%	3	$11.44	3.07%
ANGO	Angiodynamics Inc Healthcare	Added	430,600	+132,400	$4,491,158	+45.7%	14+	before history	3.02%
ST	Sensata Technologies Holding plc Technology	Held	96,000	0	$4,319,040	−10.1%	14+	before history	2.90%
DXC	DXC Technology Co Technology	Held	156,500	0	$4,181,680	+4.5%	9	$31.54	2.81%
LRN	Stride, Inc. Consumer Defensive	Reduced	98,700	-29,856	$3,674,601	−27.2%	11	$25.72	2.47%
FC	Franklin Covey Co Consumer Defensive	Reduced	83,300	-15,100	$3,638,544	−3.9%	14+	before history	2.44%
VYX	NCR Voyix Corp Technology	Reduced	143,700	-68,400	$3,621,234	−27.6%	7	$37.27	2.43%
BBSI	Barrett Business Services Inc Industrials	Reduced	39,600	-2,000	$3,453,120	−6.4%	9	$72.22	2.32%
UEIC	Universal Electronics Inc Technology	Reduced	334,000	-129,300	$3,213,080	−31.6%	14+	before history	2.16%
		Reduced	110,300	-4,000	$3,206,421	+91959.2%	14+	before history	2.15%
NTAP	NetApp, Inc. Technology	Reduced	33,800	-20,200	$2,582,320	−25.1%	12	$46.24	1.73%
ESI	Element Solutions Inc Basic Materials	Reduced	128,000	-2,000	$2,457,600	−2.1%	14+	before history	1.65%
ADEA	Adeia Inc. Technology	Added	215,800	+7,674	$2,375,958	+28.8%	3	$10.14	1.60%
MGNI	Magnite, Inc. Communication Services	Added	172,400	+21,700	$2,353,260	+68.6%	2	$10.71	1.58%
CIEN	Ciena Corp Technology	Held	55,200	0	$2,345,448	−19.1%	5	$49.50	1.57%
ARW	Arrow Electronics, Inc. Technology	Reduced	16,200	-9,700	$2,320,326	−28.3%	14+	before history	1.56%
HUN	Huntsman CORP Basic Materials	Reduced	85,500	-42,600	$2,310,210	−34.1%	14+	before history	1.55%
		Reduced	60,960	-86,778	$2,307,336	+54719.1%	14+	before history	1.55%
VFC	V F Corp Consumer Cyclical	Added	115,900	+500	$2,212,531	−16.3%	3	$27.89	1.49%
		Added	480,300	+39,000	$2,180,562	+93849.2%	14+	before history	1.46%
LSPD	Lightspeed Commerce Inc. Technology	Reduced	127,800	-92,200	$2,162,376	−35.3%	3	$16.30	1.45%
FTDR	Frontdoor, Inc. Consumer Cyclical	Reduced	66,100	-30,600	$2,108,590	−21.8%	7	$33.48	1.42%
		Added	39,800	+200	$2,099,052	+98586.0%	7	unpriced	1.41%
CMRC	Commerce.com, Inc. Technology	NEW	194,900	NEW	$1,939,255	NEW	1	$8.34	1.30%
ARAY	Accuray Inc Healthcare	Reduced	492,000	-148,000	$1,904,040	+0.2%	14+	before history	1.28%
TOST	Toast, Inc. Technology	Held	83,500	0	$1,884,595	+27.2%	2	$19.72	1.27%
AUDC	Audiocodes Ltd Technology	Reduced	187,700	-51,900	$1,713,701	−52.6%	6	$25.57	1.15%
PUBM	PubMatic, Inc. Technology	Reduced	87,500	-62,800	$1,599,500	−23.0%	5	$19.88	1.07%
GRFS	Grifols SA Healthcare	Held	169,900	0	$1,556,284	+24.3%	11	$15.56	1.04%
LEVI	Levi Strauss & Co Consumer Cyclical	Held	105,900	0	$1,528,137	−20.8%	13	$15.48	1.03%
QGEN	Qiagen N.V. Healthcare	NEW	32,000	NEW	$1,487,059	NEW	1	$46.91	1.00%
TFX	Teleflex Inc Healthcare	Held	5,700	0	$1,379,571	−4.5%	3	$220.63	0.93%
HSIC	Henry Schein Inc Healthcare	Held	16,100	0	$1,305,710	−0.5%	4	$74.28	0.88%
TTEK	Tetra Tech Inc Industrials	Reduced	7,900	-4,000	$1,293,546	−26.0%	14+	before history	0.87%
CCK	Crown Holdings, Inc. Consumer Cyclical	Held	13,600	0	$1,181,432	+5.0%	3	$79.88	0.79%
BL	Blackline, Inc. Technology	NEW	21,800	NEW	$1,173,276	NEW	1	$55.51	0.79%
BALL	BALL Corp Consumer Cyclical	Reduced	10,500	-8,600	$611,205	−41.9%	14+	before history	0.41%
FMC	Fmc Corp Basic Materials	Reduced	2,500	-7,100	$260,850	−77.8%	14+	before history	0.18%
AMBP	Ardagh Metal Packaging S.A. Consumer Cyclical	Held	53,100	0	$199,656	−7.8%	8	$9.89	0.13%
CMTL	Comtech Telecommunications Corp Technology	Reduced	13,900	-26,500	$127,046	−74.8%	6	$14.20	0.09%

Showing the top 50 of 51 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.