Islet Management, LP

Registered adviser

CIK

1721508

Location

NEW YORK, NY

Portfolio Value

Micro $38,175,073

Diversification

Diversified

Filing Date

Global Rank

#6,640 / 7,031 ▼ 2343 · as of Jun 2023

Top Industry

Consumer Electronics 24.8%

Period ended 3 years ago

Filed Aug 14, 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

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 290576

Roster of Oct 1, 2026

Regulatory AUM

$108,805,629

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

1 fund · Private equity funds

Focus by fund count, roster of Oct 1, 2026

$6,724,753 gross assets

LEI

549300QZDZNVYERWWP07

Private funds on Schedule D 7.B.(1)

As filed Mar 28, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$9,642,188 gross assets in 1 fund Private equity funds $9,642,188 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$108,805,629	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$89,562,625	Pooled investment vehicles (100%)
Apr 2024 to Mar 2025	$28,752,799	Pooled investment vehicles (100%)
May 2023 to Mar 2024	$137,984,521	Pooled investment vehicles (65%)
Apr 2023	$137,984,521	Pooled investment vehicles (65%)
Apr 2022 to Mar 2023	$2,396,539,866	Pooled investment vehicles (73%)

3 earlier changes not shown.

Portfolio style

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

Style

Unknown

$5,273,924 of valued equity, under the $10,000,000 needed to band a style

Turnover

High turnover

118.2% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 2.3 quarters (under 4)

Closest benchmark: the Nasdaq-100 as of 2023-06-30, active share 98.8%; sector active share 62.0% 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 backtest

Portfolio Concentration

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

Top Position

19.5%

−31.1 pts

Top 5

70.2%

−10.7 pts

Top 10

94.1%

−1.4 pts

HHI

1,189

Diversified−1,661

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2023

Sector	% Portfolio	Value	Positions
Technology	29.9%	$11,395,825	4
Unclassified	21.3%	$8,127,000	4
Communication Services	17.8%	$6,778,448	2
Consumer Cyclical	17.1%	$6,518,000	1
Healthcare	6.9%	$2,634,000	1
Energy	3.4%	$1,308,000	1
Financial Services	2.7%	$1,028,300	1
Utilities	1.0%	$385,500	1

Last Quarter's Activity

Export CSV

Jun 30, 2023 vs Mar 31, 2023

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
FUBO	FuboTV Inc.	−3,900,000	200,000	$415,999
TBCH	Turtle Beach Corp	−251,500	90,000	$1,048,500
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
MTDR	Matador Resources Co	25,000	$1,308,000
GRPN	Groupon, Inc.	160,000	$945,600
AMD	Advanced Micro Devices Inc	7,500	$854,325
EDN	Edenor	25,000	$385,500
ALLT	Allot Ltd.	100,000	$316,000
—		50,000	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
FMX	Mexican Economic Development Inc	32,914	$3,133,083
DMRC	Digimarc Corp	92,500	$1,817,625
CRM	Salesforce, Inc.	7,500	$1,498,350
ACIW	Aci Worldwide, Inc.	12,500	$337,250
—		105,634	$0
RGTIW	Rigetti Computing, Inc.	11,575	$0
—		30,000	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

15 tracked positions · $38,175,073 total · filing declares 23 positions · $49,078,620 · as of Jun 30, 2023

All sectors Communication Services Consumer Cyclical Energy Financial Services Healthcare Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
TBCH	Turtle Beach Corp CALL + SHARES Technology	Reduced	640,000	-776,500	$7,456,000	−47.5%	7	$18.82	19.53%
AMZN	Amazon Com Inc CALL Consumer Cyclical	Held	50,000	0	$6,518,000	+26.2%	—	—	17.07%
GRPN	Groupon, Inc. CALL + SHARES Communication Services	NEW	795,000	NEW	$4,698,450	NEW	1	$4.43	12.31%
SPY	Spdr S&P 500 ETF Trust PUT	Reduced	10,000	-190,000	$4,432,800	−94.6%	—	—	11.61%
QQQ	Invesco Qqq Trust, Series 1 PUT	Reduced	10,000	-10,000	$3,694,200	−42.4%	—	—	9.68%
BMEA	Biomea Fusion, Inc. CALL Healthcare	NEW	120,000	NEW	$2,634,000	NEW	—	—	6.90%
FUBO	FuboTV Inc. CALL + SHARES Communication Services	Reduced	1,000,000	-7,100,000	$2,079,998	−78.8%	2	$1.91	5.45%
AI	C3.ai, Inc. CALL Technology	NEW	50,000	NEW	$1,821,500	NEW	—	—	4.77%
MTDR	Matador Resources Co Energy	NEW	25,000	NEW	$1,308,000	NEW	1	$48.31	3.43%
ALLT	Allot Ltd. CALL + SHARES Technology	NEW	400,000	NEW	$1,264,000	NEW	1	$2.82	3.31%
MFIN	Medallion Financial Corp CALL Financial Services	NEW	130,000	NEW	$1,028,300	NEW	—	—	2.69%
AMD	Advanced Micro Devices Inc Technology	NEW	7,500	NEW	$854,325	NEW	1	$104.00	2.24%
EDN	Edenor Utilities	NEW	25,000	NEW	$385,500	NEW	1	$10.27	1.01%
		NEW	175,000	NEW	$0	NEW	—	—	0.00%
		NEW	215,200	NEW	$0	NEW	1	unpriced	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.