Envoi LLC

CIK

2019125

Location

Minneapolis, MN

Portfolio Value

Micro $31,507,145

Diversification

Highly concentrated

Files via

TIMUCUAN ASSET MANAGEMENT INC/FL PARAMETRIC PORTFOLIO ASSOCIATES LLC WCM INVESTMENT MANAGEMENT, LLC SEGALL BRYANT & HAMILL, LLC

Filing Date

Global Rank

#7,276 / 7,436 ▼ 48 · as of Jun 2024

Top Industry

Medical Devices 83.3%

Period ended 2 years ago

Filed Aug 13, 2024 · 2y

18 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

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2024, never from the firm's own description.

Style

Concentrated

The top 10 positions are 99.3% of the book (60%+)

Turnover

Low turnover

9.5% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 15.6 quarters (12+), a floor since 77.8% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 93.7%; sector active share 65.8% against the combined 13F book's sector weights.

Over time 18 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

11 tracked positions · as of Jun 30, 2024 · Δ vs Mar 31, 2024

Top Position

74.9%

+13.2 pts

Top 5

91.0%

+16.3 pts

Top 10

99.3%

+14.8 pts

HHI

5,711

Highly concentrated+1,827

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2024

Sector	% Portfolio	Value	Positions
Healthcare	74.9%	$23,613,000	1
Industrials	10.2%	$3,202,430	2
Unclassified	10.1%	$3,174,719	5
Financial Services	2.6%	$813,600	1
Technology	1.6%	$493,879	1
Consumer Defensive	0.7%	$209,517	1

Last Quarter's Activity

Export CSV

Jun 30, 2024 vs Mar 31, 2024

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
DY	Dycom Industries Inc	+3,016	13,653	$2,304,080
No positions match the current search.

Trimmed

Positions the filer reduced

3 positions

Ticker	Company	Δ Shares	Shares	Value
MSFT	Microsoft Corp	−2,695	1,105	$493,879
BRK-B	Berkshire Hathaway Inc	−1,251	2,000	$813,600
IWV	iShares Russell 3000 ETF	−205	1,441	$444,793
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

20 positions

Ticker	Company	Shares	Value
AAPL	Apple Inc.	5,869	$1,006,416
NVDA	Nvidia Corp	887	$801,457
AMZN	Amazon Com Inc	3,213	$579,560
GOOG	Alphabet Inc.	2,942	$447,948
META	Meta Platforms, Inc.	783	$380,209
PGR	Progressive Corp	1,790	$370,207
GOOGL	Alphabet Inc.	2,416	$364,646
FND	Floor & Decor Holdings, Inc.	2,750	$356,455
BKNG	Booking Holdings Inc.	98	$355,532
SCHW	Schwab Charles Corp	4,325	$312,870
AXP	American Express Co	1,350	$307,381
SGI	Somnigroup International Inc.	5,290	$300,577
ADI	Analog Devices Inc	1,365	$269,983
AVGO	Broadcom Inc.	200	$265,082
THO	Thor Industries Inc	2,182	$256,035
JPM	Jpmorgan Chase & Co	1,201	$240,560
LLY	ELI LILLY & Co	306	$238,055
MC	Moelis & Co	4,115	$233,608
ANET	Arista Networks, Inc.	735	$213,135
AWI	Armstrong World Industries Inc	1,715	$213,037
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

11 tracked positions · $31,507,145 total · filing declares 11 positions · $31,507,150 · as of Jun 30, 2024

All sectors Consumer Defensive Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
MDT	Medtronic plc Healthcare	Held	300,000	0	$23,613,000	−9.7%	18+	before history	74.94%
DY	Dycom Industries Inc Industrials	Added	13,653	+3,016	$2,304,080	+50.9%	13	$106.90	7.31%
QQQ	Invesco Qqq Trust, Series 1	Held	2,180	0	$1,044,459	+7.9%	4	$370.83	3.31%
CSL	Carlisle Companies Inc Industrials	Held	2,217	0	$898,350	+3.4%	18+	before history	2.85%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	2,000	-1,251	$813,600	−40.5%	4	$369.61	2.58%
SPY	Spdr S&P 500 ETF Trust	Held	1,406	0	$765,173	+4.0%	4	$444.77	2.43%
RSP	Victory Portfolios II	Held	3,270	0	$537,195	−3.0%	4	$149.38	1.70%
MSFT	Microsoft Corp Technology	Reduced	1,105	-2,695	$493,879	−69.1%	6	$358.52	1.57%
IWV	iShares Russell 3000 ETF	Reduced	1,441	-205	$444,793	−9.9%	4	unpriced	1.41%
VOO	VANGUARD 500 INDEX FUND	Held	766	0	$383,099	+4.0%	4	unpriced	1.22%
GIS	General Mills Inc Consumer Defensive	Held	3,312	0	$209,517	−9.6%	11	$63.53	0.66%

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.