Voce Capital Management LLC
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2023, never from the firm's own description.
Closest benchmark: the Russell 2000 as of 2023-06-30, active share 99.6%; sector active share 57.4% 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.
View clone backtestPortfolio Concentration
10 tracked positions · as of Jun 30, 2023 · Δ vs Mar 31, 2023Portfolio Trend
Sector Breakdown
As of Jun 30, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Healthcare | 55.9% | $26,714,724 |
| Unclassified | 26.3% | $12,582,562 |
| Technology | 15.6% | $7,478,634 |
| Financial Services | 1.2% | $582,598 |
| Consumer Cyclical | 0.9% | $444,619 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| DCGO | DocGo Inc. | +41,460 | 330,592 | $3,097,647 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reducedNew Positions
Positions the filer opened this quarterSold Out
Positions the filer fully exited| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
|
|
Reduced | 831,630 | $12,582,562 | 26.32% | ||
| EVH |
Evolent Health, Inc.
Healthcare
|
Reduced | 323,694 | $9,807,928 | 20.52% | |
| RDNT |
RadNet, Inc.
Healthcare
|
Reduced | 271,045 | $8,841,487 | 18.50% | |
| CALX |
Calix, Inc
Technology
|
Held | 102,895 | $5,135,489 | 10.74% | |
| VMD |
Viemed Healthcare, Inc.
Healthcare
|
Reduced | 507,941 | $4,967,662 | 10.39% | |
| DCGO |
DocGo Inc.
Healthcare
|
Added | 330,592 | $3,097,647 | 6.48% | |
| CIEN |
Ciena Corp
Technology
|
Held | 44,632 | $1,896,413 | 3.97% | |
| TREE |
LendingTree, Inc.
Financial Services
|
Held | 26,350 | $582,598 | 1.22% | |
| RBBN |
Ribbon Communications Inc.
Technology
|
Held | 160,119 | $446,732 | 0.93% | |
| CRMT |
Americas Carmart Inc
Consumer Cyclical
|
Held | 4,456 | $444,619 | 0.93% |
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.