Connacht Asset Management LP

CIK

1802462

Location

New York, NY

Portfolio Value

Micro $16,881,807

Diversification

Diversified

Filing Date

Global Rank

#6,891 / 7,036 ▼ 314 · as of Sep 2023

Top Industry

Oil & Gas E&P 6.4%

3Y Alpha vs SPY

+18.4%

Period ended 3 years ago

Filed Nov 14, 2023 · 2y

12 quarters · since Dec 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

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

Style

Diversified active

Top 10 weight 35.6%, 39.3 effective positions, active share 94.6% against the S&P MidCap 400 as of 2023-09-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

86.6% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 6.0 quarters (4 to under 12)

Closest benchmark: the S&P MidCap 400 as of 2023-09-30, active share 94.6%; sector active share 22.9% against the combined 13F book's sector weights.

Over time 12 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

46 tracked positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023

Top Position

5.4%

−9.8 pts

Top 5

20.9%

−24.4 pts

Top 10

35.6%

−18.4 pts

HHI

255

Diversified−304

Portfolio Trend

12 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2023

Sector	% Portfolio	Value	Positions
Industrials	17.1%	$2,878,553	5
Healthcare	14.6%	$2,469,468	7
Technology	11.9%	$2,006,203	6
Consumer Cyclical	10.7%	$1,807,398	6
Consumer Defensive	8.7%	$1,461,292	4
Energy	8.5%	$1,429,538	4
Unclassified	8.3%	$1,400,030	4
Financial Services	7.6%	$1,283,344	3
Communication Services	4.5%	$754,954	3
Basic Materials	4.3%	$724,311	2
Real Estate	3.9%	$666,716	2

Last Quarter's Activity

Export CSV

Sep 30, 2023 vs Jun 30, 2023

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
CHEF	Chefs' Warehouse, Inc.	+6,263	24,456	$517,978
ENOV	Enovis CORP	+6,206	13,028	$686,966
DV	DoubleVerify Holdings, Inc.	+3,069	12,337	$344,819
—		+2,428	26,466	$552,345
XENE	Xenon Pharmaceuticals Inc.	+2,039	8,204	$280,248
COHR	Coherent Corp.	+2,034	8,267	$269,834
MP	MP Materials Corp.	+1,643	23,162	$442,394
COLD	Americold Realty Trust	+1,316	12,183	$370,485
NOG	Northern Oil & Gas, Inc.	+1,286	15,289	$615,076
CRNC	Cerence Inc.	+634	13,680	$278,661
BLCO	Bausch & Lomb Corp	+341	24,974	$423,309
WCC	Wesco International Inc	+242	3,877	$557,590
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
DBRHP	DigitalBridge Group, Inc.	−61,239	24,680	$540,492
—		−22,549	11,986	$178,711
MGNI	Magnite, Inc.	−21,374	14,119	$106,457
MRVI	Maravai Lifesciences Holdings, Inc.	−14,876	24,155	$241,550
PUMP	ProPetro Holding Corp.	−11,825	17,477	$185,780
CALY	Callaway Golf Co	−10,991	30,533	$422,576
BJ	BJ's Wholesale Club Holdings, Inc.	−8,827	3,593	$256,432
CUBE	CubeSmart	−7,059	7,769	$296,231
FLYW	Flywire Corp	−6,482	9,050	$288,604
ALSN	Allison Transmission Holdings Inc	−5,882	5,289	$312,368
—		−5,295	6,693	$327,622
CWST	Casella Waste Systems Inc	−5,115	11,874	$905,986
—		−5,111	7,295	$216,953
WHD	Cactus, Inc.	−4,085	5,126	$257,376
EXE	EXPAND ENERGY Corp	−2,791	4,306	$371,306
ROKU	Roku, Inc	−2,249	4,302	$303,678
PLNT	Planet Fitness, Inc.	−2,060	4,968	$244,326
OLED	Universal Display Corp \Pa\	−1,775	2,728	$428,268
TKR	Timken Co	−1,761	5,357	$393,685
UTHR	UNITED THERAPEUTICS Corp	−1,330	1,356	$306,279
AXON	Axon Enterprise, Inc.	−1,264	3,826	$761,335
—		−1,236	4,221	$341,352
FIVN	Five9, Inc.	−1,149	5,382	$346,062
POST	Post Holdings, Inc.	−1,065	4,372	$374,855
EWBC	East West Bancorp Inc	−1,015	7,126	$375,611
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
SONO	Sonos Inc	30,579	$394,774
TCBI	Texas Capital Bancshares Inc	6,235	$367,241
THC	Tenet Healthcare Corp	4,768	$314,163
ELF	e.l.f. Beauty, Inc.	2,841	$312,027
BCC	BOISE CASCADE Co	2,736	$281,917
TOL	Toll Brothers, Inc.	3,582	$264,924
MTH	Meritage Homes CORP	2,162	$264,607
GFF	Griffon Corp	6,553	$259,957
No positions match the current search.

Sold Out

Positions the filer fully exited

22 positions

Ticker	Company	Shares	Value
NWE	NorthWestern Energy Group, Inc.	10,621	$602,847
SFM	Sprouts Farmers Market, Inc.	13,191	$484,505
ACHC	Acadia Healthcare Company, Inc.	5,988	$476,884
RBC	RBC Bearings INC	2,160	$469,735
—		18,431	$466,673
—		7,260	$459,703
DOCN	DigitalOcean Holdings, Inc.	11,018	$442,262
HWC	Hancock Whitney Corp	11,238	$431,314
OZK	Bank OZK	10,076	$404,652
—		9,736	$368,508
TNL	Travel & Leisure Co.	9,064	$365,641
SGRY	Surgery Partners, Inc.	8,117	$365,183
VVV	Valvoline Inc	9,638	$361,521
EE	Excelerate Energy, Inc.	13,542	$275,308
POWI	Power Integrations Inc	2,747	$260,058
LBRT	Liberty Energy Inc.	19,208	$256,810
MTSI	MACOM Technology Solutions Holdings, Inc.	3,894	$255,173
FLNC	Fluence Energy, Inc.	9,235	$246,020
—		6,798	$245,612
CYTK	Cytokinetics Inc	7,238	$236,103
ATMU	Atmus Filtration Technologies Inc.	10,034	$220,346
BKD	Brookdale Senior Living Inc.	41,000	$173,020
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

46 tracked positions · $16,881,807 total · filing declares 47 positions · $16,871,374 · as of Sep 30, 2023

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
CWST	Casella Waste Systems Inc Industrials	Reduced	11,874	-5,115	$905,986	−41.0%	12	before history	5.37%
AXON	Axon Enterprise, Inc. Industrials	Reduced	3,826	-1,264	$761,335	−23.3%	10	$185.35	4.51%
ENOV	Enovis CORP Healthcare	Added	13,028	+6,206	$686,966	+57.0%	2	$57.58	4.07%
NOG	Northern Oil & Gas, Inc. Energy	Added	15,289	+1,286	$615,076	+28.0%	2	$32.99	3.64%
WCC	Wesco International Inc Industrials	Added	3,877	+242	$557,590	−14.3%	3	$150.55	3.30%
		Added	26,466	+2,428	$552,345	+21.8%	11	unpriced	3.27%
DBRHP	DigitalBridge Group, Inc. Financial Services	Reduced	24,680	-61,239	$540,492	−70.2%	10	unpriced	3.20%
CHEF	Chefs' Warehouse, Inc. Consumer Defensive	Added	24,456	+6,263	$517,978	−20.4%	10	$33.14	3.07%
MP	MP Materials Corp. Basic Materials	Added	23,162	+1,643	$442,394	−10.1%	7	$32.05	2.62%
OLED	Universal Display Corp \Pa\ Technology	Reduced	2,728	-1,775	$428,268	−34.0%	8	$152.16	2.54%
BLCO	Bausch & Lomb Corp Healthcare	Added	24,974	+341	$423,309	−14.4%	6	$16.49	2.51%
CALY	Callaway Golf Co Consumer Cyclical	Reduced	30,533	-10,991	$422,576	−48.7%	11	$29.13	2.50%
SONO	Sonos Inc Technology	NEW	30,579	NEW	$394,774	NEW	1	$14.83	2.34%
TKR	Timken Co Industrials	Reduced	5,357	-1,761	$393,685	−39.6%	3	$80.90	2.33%
EWBC	East West Bancorp Inc Financial Services	Reduced	7,126	-1,015	$375,611	−12.6%	12	before history	2.22%
POST	Post Holdings, Inc. Consumer Defensive	Reduced	4,372	-1,065	$374,855	−20.4%	8	unpriced	2.22%
EXE	EXPAND ENERGY Corp Energy	Reduced	4,306	-2,791	$371,306	−37.5%	8	$81.19	2.20%
COLD	Americold Realty Trust Real Estate	Added	12,183	+1,316	$370,485	+5.6%	5	$30.41	2.19%
TCBI	Texas Capital Bancshares Inc Financial Services	NEW	6,235	NEW	$367,241	NEW	1	$60.50	2.18%
FIVN	Five9, Inc. Technology	Reduced	5,382	-1,149	$346,062	−35.7%	9	$137.26	2.05%
DV	DoubleVerify Holdings, Inc. Communication Services	Added	12,337	+3,069	$344,819	−4.4%	4	$28.07	2.04%
		Reduced	4,221	-1,236	$341,352	−9.8%	3	unpriced	2.02%
		Reduced	6,693	-5,295	$327,622	−48.1%	3	unpriced	1.94%
THC	Tenet Healthcare Corp Healthcare	NEW	4,768	NEW	$314,163	NEW	1	$74.76	1.86%
ALSN	Allison Transmission Holdings Inc Consumer Cyclical	Reduced	5,289	-5,882	$312,368	−50.5%	6	$40.81	1.85%
ELF	e.l.f. Beauty, Inc. Consumer Defensive	NEW	2,841	NEW	$312,027	NEW	1	$121.46	1.85%
UTHR	UNITED THERAPEUTICS Corp Healthcare	Reduced	1,356	-1,330	$306,279	−48.3%	6	$217.11	1.81%
ROKU	Roku, Inc Communication Services	Reduced	4,302	-2,249	$303,678	−27.5%	6	$88.66	1.80%
KRUS	Kura Sushi USA, Inc. Consumer Cyclical	Reduced	4,516	-42	$298,597	−29.5%	2	$73.85	1.77%
CUBE	CubeSmart Real Estate	Reduced	7,769	-7,059	$296,231	−55.3%	4	$42.17	1.75%
FLYW	Flywire Corp Technology	Reduced	9,050	-6,482	$288,604	−40.1%	4	$22.37	1.71%
BCC	BOISE CASCADE Co Basic Materials	NEW	2,736	NEW	$281,917	NEW	1	$102.90	1.67%
XENE	Xenon Pharmaceuticals Inc. Healthcare	Added	8,204	+2,039	$280,248	+18.1%	3	$37.06	1.66%
CRNC	Cerence Inc. Technology	Added	13,680	+634	$278,661	−26.9%	8	$44.79	1.65%
COHR	Coherent Corp. Technology	Added	8,267	+2,034	$269,834	−15.1%	5	$46.14	1.60%
TOL	Toll Brothers, Inc. Consumer Cyclical	NEW	3,582	NEW	$264,924	NEW	1	$78.94	1.57%
MTH	Meritage Homes CORP Consumer Cyclical	NEW	2,162	NEW	$264,607	NEW	1	$137.46	1.57%
GFF	Griffon Corp Industrials	NEW	6,553	NEW	$259,957	NEW	1	$41.01	1.54%
WHD	Cactus, Inc. Energy	Reduced	5,126	-4,085	$257,376	−34.0%	10	$40.10	1.52%
BJ	BJ's Wholesale Club Holdings, Inc. Consumer Defensive	Reduced	3,593	-8,827	$256,432	−67.2%	4	$71.50	1.52%
PLNT	Planet Fitness, Inc. Consumer Cyclical	Reduced	4,968	-2,060	$244,326	−48.5%	4	$71.74	1.45%
MRVI	Maravai Lifesciences Holdings, Inc. Healthcare	Reduced	24,155	-14,876	$241,550	−50.2%	9	$22.83	1.43%
		Reduced	7,295	-5,111	$216,953	−3.0%	6	$19.95	1.29%
PUMP	ProPetro Holding Corp. Energy	Reduced	17,477	-11,825	$185,780	−23.1%	12	before history	1.10%
		Reduced	11,986	-22,549	$178,711	−52.7%	3	unpriced	1.06%
MGNI	Magnite, Inc. Communication Services	Reduced	14,119	-21,374	$106,457	−78.0%	12	before history	0.63%

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.