HCSF Management, LLC
CIK
1562453
Location
San Francisco, CA
Portfolio Value
Micro
$60,306,404
Diversification
Moderately concentrated
Filing Date
Global Rank
#4,947
/ 6,692
▼ 17
· as of Sep 2022
Top Industry
Software - Infrastructure
32.9%
3Y Alpha vs SPY
+7.1%
Period ended 3 years ago
Filed Nov 14, 2022 · 3y
11 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
+116.5%
SPY
+76.0%
Annualised alpha
+8.7%
Max drawdown
−37.0%
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
6 positions · as of Sep 30, 2022 · Δ vs Jun 30, 2022Top Position
32.9%
−10.2 pts
Top 5
99.3%
+0.8 pts
Top 10
100.0%
0.0 pts
HHI
2,459
Moderately concentrated−346
Portfolio Trend
11 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2022| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 52.2% | $31,497,366 |
| Industrials | 30.2% | $18,186,657 |
| Consumer Cyclical | 17.0% | $10,222,600 |
| Financial Services | 0.7% | $399,781 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| OOMA | Ooma Inc | +52,649 | 946,468 | $11,641,556 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| IMXI | International Money Express, Inc. | −492,900 | 871,251 | $19,855,810 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
6 positions ·
$60,306,404 total
· as of Sep 30, 2022
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| IMXI |
International Money Express, Inc.
Technology
|
Reduced | 871,251 | $19,855,810 | 32.92% | |
| MGRC |
Mcgrath Rentcorp
Industrials
|
Held | 190,409 | $15,967,698 | 26.48% | |
| OOMA |
Ooma Inc
Technology
|
Added | 946,468 | $11,641,556 | 19.30% | |
| MOD |
Modine Manufacturing Co
Consumer Cyclical
|
Held | 790,000 | $10,222,600 | 16.95% | |
| GVA |
Granite Construction Inc
Industrials
|
Held | 87,395 | $2,218,959 | 3.68% | |
| EHTH |
eHealth, Inc.
Financial Services
|
Held | 102,246 | $399,781 | 0.66% |