Cloverdale 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, 2020, never from the firm's own description.
Closest benchmark: the S&P MidCap 400 as of 2020-06-30, active share 97.8%; sector active share 44.4% against the combined 13F book's sector weights.
Over time 2 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
30 tracked positions · as of Jun 30, 2020 · Δ vs Mar 31, 2020Portfolio Trend
Sector Breakdown
As of Jun 30, 2020| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 23.3% | $27,389,040 |
| Industrials | 20.3% | $23,855,797 |
| Technology | 15.7% | $18,494,442 |
| Financial Services | 12.8% | $15,014,707 |
| Unclassified | 10.3% | $12,127,000 |
| Consumer Defensive | 9.4% | $11,062,920 |
| Basic Materials | 3.4% | $3,939,600 |
| Utilities | 2.5% | $2,898,000 |
| Healthcare | 2.3% | $2,702,752 |
Last Quarter's Activity
Export CSVTrimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| UPBD | Upbound Group, Inc. | −934,306 | 204,687 | $5,694,392 | |
| MITK | Mitek Systems Inc | −793,241 | 508,191 | $4,883,715 | |
| ADUS | Addus HomeCare Corp | −330,038 | 29,200 | $2,702,752 | |
| RM | Regional Management Corp. | −104,104 | 401,700 | $7,114,107 | |
| BNED | Barnes & Noble Education, Inc. | −29,164 | 706,469 | $1,130,350 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CSL | Carlisle Companies Inc | 56,000 | $6,701,520 | |
| ULTA | Ulta Beauty, Inc. | 30,000 | $6,102,600 | |
| DBX | Dropbox, Inc. | 270,000 | $5,877,900 | |
| DHI | Horton D R Inc | 100,000 | $5,545,000 | |
| EVR | Evercore Inc. | 75,000 | $4,419,000 | |
| HXL | Hexcel Corp | 90,000 | $4,069,800 | |
| CF | CF Industries Holdings, Inc. | 140,000 | $3,939,600 | |
| SEB | Seaboard Corp | 1,300 | $3,813,966 | |
| PRSU | Pursuit Attractions & Hospitality, Inc. | 198,384 | $3,773,263 | |
| CBRL | Cracker Barrel Old Country Store, Inc | 34,000 | $3,770,940 | |
| GD | General Dynamics Corp | 25,000 | $3,736,500 | |
| TRU | TransUnion | 40,000 | $3,481,600 | |
| — | 142,000 | $3,399,000 | ||
| WOR | Worthington Enterprises, Inc. | 85,000 | $3,170,499 | |
| — | 15,050 | $2,988,000 | ||
| — | 16,880 | $2,943,000 | ||
| AES | Aes Corp | 200,000 | $2,898,000 | |
| — | 80,000 | $2,797,000 | ||
| LUV | Southwest Airlines Co | 69,149 | $2,363,512 | |
| — | 28,121 | $2,127,000 | ||
| HPE | Hewlett Packard Enterprise Co | 209,500 | $2,038,435 | |
| — | 103,486 | $0 | ||
| — | 20 | $0 | ||
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| LNTH | Lantheus Holdings, Inc. | 862,556 | $11,006,214 | |
| BBSI | Barrett Business Services Inc | 254,951 | $10,106,257 | |
| — | 279,999 | $5,079,000 | ||
| XPEL | XPEL, Inc. | 323,467 | $3,241,139 | |
| APEI | American Public Education Inc | 122,967 | $2,942,600 | |
| — | 225,932 | $2,691,000 | ||
| AEO | American Eagle Outfitters Inc | 277,994 | $2,210,052 | |
| PRDO | PERDOCEO EDUCATION Corp | 192,316 | $2,075,089 | |
| TTWO | Take Two Interactive Software Inc | 17,000 | $2,016,370 | |
| URBN | Urban Outfitters Inc | 138,229 | $1,968,380 | |
| GRPN | Groupon, Inc. | 1,750,000 | $1,715,000 | |
| DIN | Dine Brands Global, Inc. | 51,000 | $1,462,680 | |
| PLCE | Childrens Place, Inc. | 34,593 | $676,639 | |
| CVEO | Civeo Corp | 1,339,803 | $551,998 | |
| — | 82,677 | $136,000 | ||
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| USFD |
US Foods Holding Corp.
Consumer Defensive
|
Added | 561,000 | $11,062,920 | 9.42% | |
| RM |
Regional Management Corp.
Financial Services
|
Reduced | 401,700 | $7,114,107 | 6.06% | |
| CSL |
Carlisle Companies Inc
Industrials
|
NEW | 56,000 | $6,701,520 | 5.70% | |
| ULTA |
Ulta Beauty, Inc.
Consumer Cyclical
|
NEW | 30,000 | $6,102,600 | 5.19% | |
| DBX |
Dropbox, Inc.
Technology
|
NEW | 270,000 | $5,877,900 | 5.00% | |
| UPBD |
Upbound Group, Inc.
Technology
|
Reduced | 204,687 | $5,694,392 | 4.85% | |
| DHI |
Horton D R Inc
Consumer Cyclical
|
NEW | 100,000 | $5,545,000 | 4.72% | |
| CTRN |
Citi Trends Inc
Consumer Cyclical
|
Added | 244,307 | $4,939,887 | 4.20% | |
| MITK |
Mitek Systems Inc
Technology
|
Reduced | 508,191 | $4,883,715 | 4.16% | |
| EVR |
Evercore Inc.
Financial Services
|
NEW | 75,000 | $4,419,000 | 3.76% | |
| HXL |
Hexcel Corp
Industrials
|
NEW | 90,000 | $4,069,800 | 3.46% | |
| CF |
CF Industries Holdings, Inc.
Basic Materials
|
NEW | 140,000 | $3,939,600 | 3.35% | |
| SEB |
Seaboard Corp
Industrials
|
NEW | 1,300 | $3,813,966 | 3.25% | |
| PRSU |
Pursuit Attractions & Hospitality, Inc.
Consumer Cyclical
|
NEW | 198,384 | $3,773,263 | 3.21% | |
| CBRL |
Cracker Barrel Old Country Store, Inc
Consumer Cyclical
|
NEW | 34,000 | $3,770,940 | 3.21% | |
| GD |
General Dynamics Corp
Industrials
|
NEW | 25,000 | $3,736,500 | 3.18% | |
| TRU |
TransUnion
Financial Services
|
NEW | 40,000 | $3,481,600 | 2.96% | |
|
|
NEW | 142,000 | $3,399,000 | 2.89% | ||
| WOR |
Worthington Enterprises, Inc.
Industrials
|
NEW | 85,000 | $3,170,499 | 2.70% | |
|
|
NEW | 15,050 | $2,988,000 | 2.54% | ||
|
|
NEW | 16,880 | $2,943,000 | 2.51% | ||
| AES |
Aes Corp
Utilities
|
NEW | 200,000 | $2,898,000 | 2.47% | |
|
|
NEW | 80,000 | $2,797,000 | 2.38% | ||
| ADUS |
Addus HomeCare Corp
Healthcare
|
Reduced | 29,200 | $2,702,752 | 2.30% | |
| LUV |
Southwest Airlines Co
Industrials
|
NEW | 69,149 | $2,363,512 | 2.01% | |
|
|
NEW | 28,121 | $2,127,000 | 1.81% | ||
| HPE |
Hewlett Packard Enterprise Co
Technology
|
NEW | 209,500 | $2,038,435 | 1.74% | |
| BNED |
Barnes & Noble Education, Inc.
Consumer Cyclical
|
Reduced | 706,469 | $1,130,350 | 0.96% | |
|
|
NEW | 103,486 | $0 | 0.00% | ||
|
|
NEW | 20 | $0 | 0.00% |
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.