Kent Lake Capital LLC
CIK
1777141
Location
MILL VALLEY, CA
Portfolio Value
Micro
$1,863,966
Diversification
Moderately concentrated
Filing Date
Global Rank
#2,848
/ 7,299
▼ 141
Top Industry
Advertising Agencies
46.2%
3Y Alpha vs SPY
-19.7%
Period ended 1 year ago
Filed Aug 14, 2024 · 1y
15 quarters · since Dec 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+3.3%
SPY
+76.3%
Annualised alpha
-19.7%
Max drawdown
−39.4%
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
38 positions · as of Jun 30, 2024 · Δ vs Mar 31, 2024Top Position
46.2%
+0.7 pts
Top 5
59.5%
+0.2 pts
Top 10
72.6%
+0.3 pts
HHI
2,251
Moderately concentrated+60
Portfolio Trend
15 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2024| Sector | % Portfolio | Value |
|---|---|---|
| Communication Services | 49.3% | $160,713,330 |
| Healthcare | 36.3% | $118,382,458 |
| Technology | 11.0% | $35,956,228 |
| Consumer Cyclical | 1.9% | $6,311,406 |
| Industrials | 0.8% | $2,452,011 |
| Consumer Defensive | 0.6% | $1,863,966 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
14 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| STIM | Neuronetics, Inc. | +716,951 | 1,738,102 | $3,128,583 | |
| CDXS | Codexis, Inc. | +670,601 | 1,300,000 | $4,030,000 | |
| TOI | Oncology Institute, Inc. | +563,287 | 1,750,000 | $805,000 | |
| UEIC | Universal Electronics Inc | +550,268 | 708,879 | $8,237,173 | |
| VMD | Viemed Healthcare, Inc. | +549,644 | 1,138,895 | $7,459,762 | |
| NPCE | NeuroPace Inc | +500,625 | 1,144,254 | $8,650,560 | |
| OABI | OmniAb, Inc. | +500,000 | 800,000 | $3,000,000 | |
| EHAB | Enhabit, Inc. | +438,911 | 883,785 | $7,883,362 | |
| ADV | Advantage Solutions Inc. | +403,184 | 1,869,060 | $150,459,330 | |
| SIBN | SI-BONE, Inc. | +378,695 | 800,000 | $10,344,000 | |
| CCSI | Consensus Cloud Solutions, Inc. | +194,255 | 340,017 | $5,841,492 | |
| EGHT | 8X8 Inc /De/ | +109,078 | 1,447,397 | $3,213,221 | |
| KD | Kyndryl Holdings, Inc. | +100,000 | 500,000 | $13,155,000 | |
| INNV | InnovAge Holding Corp. | +17,265 | 1,767,265 | $8,765,634 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
5 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SEER | Seer, Inc. | −250,000 | 500,000 | $840,000 | |
| PNTG | Pennant Group, Inc. | −125,000 | 425,000 | $9,855,750 | |
| VCEL | Vericel Corp | −100,000 | 100,000 | $4,588,000 | |
| FVRR | Fiverr International Ltd. | −50,000 | 300,000 | $7,029,000 | |
| XPEL | XPEL, Inc. | −25,132 | 34,868 | $1,239,906 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
14 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| TALK | Talkspace, Inc. | 4,000,000 | $9,200,000 | |
| ATRC | AtriCure, Inc. | 250,000 | $5,692,500 | |
| AHCO | AdaptHealth Corp. | 500,000 | $5,000,000 | |
| TMCI | Treace Medical Concepts, Inc. | 750,000 | $4,987,500 | |
| ANGO | Angiodynamics Inc | 750,000 | $4,537,500 | |
| UPWK | Upwork, Inc | 300,000 | $3,225,000 | |
| INGN | Inogen Inc | 289,749 | $2,355,659 | |
| LUNG | Pulmonx Corp | 328,291 | $2,081,364 | |
| EBS | Emergent BioSolutions Inc. | 300,000 | $2,046,000 | |
| ATRO | Astronics Corp | 100,000 | $2,003,000 | |
| SKIN | SkinHealth Systems Inc. | 970,816 | $1,863,966 | |
| ARAY | Accuray Inc | 1,000,000 | $1,820,000 | |
| HHS | Harte Hanks Inc | 55,297 | $449,011 | |
| ORGO | Organogenesis Holdings Inc. | 151,905 | $425,334 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
12 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| XPOF | Xponential Fitness, Inc. | 882,443 | $14,595,607 | |
| FORR | Forrester Research, Inc. | 532,152 | $11,473,197 | |
| VAL | Valaris Ltd | 150,000 | $11,289,000 | |
| GDOT | Green Dot Corp | 800,000 | $7,464,000 | |
| CVGW | Calavo Growers Inc | 250,000 | $6,952,500 | |
| TH | Target Hospitality Corp. | 500,000 | $5,435,000 | |
| PHIN | Phinia Inc. | 125,000 | $4,803,750 | |
| CDLX | Cardlytics, Inc. | 250,000 | $3,622,500 | |
| NRDY | Nerdy Inc. | 1,000,000 | $2,910,000 | |
| TMDX | TransMedics Group, Inc. | 30,000 | $2,218,200 | |
| AXGN | Axogen, Inc. | 200,348 | $1,616,808 | |
| PAR | Par Technology Corp | 35,615 | $1,615,496 | |
| No positions match the current search. | ||||
1 positions ·
$1,863,966 total
· Consumer Defensive only
· as of Jun 30, 2024
All sectors
Communication Services
Consumer Cyclical
Consumer Defensive
Healthcare
Industrials
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SKIN |
SkinHealth Systems Inc.
Consumer Defensive
|
NEW | 970,816 | $1,863,966 | 100.00% |