We are live on
!
Find out more
TCM
Tensile Capital Management Portfolio holdings
AUM
$698M
1-Year Est. Return
2.4%
This Fund
S&P 500
This Quarter
Est. Return
-2.03%
1 Year Est. Return
-2.4%
3 Year Est. Return
+33.76%
5 Year Est. Return
+74.93%
10 Year Est. Return
+487.97%
AUM
$698M
AUM Growth
-$73.6M
(-9.5%)
Cap. Flow
-$15.6M
Cap. Flow
% of AUM
-2.23%
Top 10 Holdings %
Top 10 Hldgs %
68.69%
Holding
30
New
6
Increased
3
Reduced
11
Closed
5
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Compass
COMP
|
+$21M |
| 2 |
Tyler Technologies
TYL
|
+$19.1M |
| 3 |
Cavco Industries
CVCO
|
+$18.7M |
| 4 |
U-Haul Holding Co Series N
UHAL.B
|
+$15.1M |
| 5 |
Q2 Holdings
QTWO
|
+$11.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CWAN
Clearwater Analytics
CWAN
|
+$35.1M |
| 2 |
US Foods
USFD
|
+$19.7M |
| 3 |
Crown Holdings
CCK
|
+$18.9M |
| 4 |
Valaris
VAL
|
+$17.1M |
| 5 |
OS
OneStream Inc
OS
|
+$9.95M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 39.59% |
| 2 | Technology | 25.99% |
| 3 | Energy | 7.79% |
| 4 | Consumer Staples | 7.14% |
| 5 | Utilities | 6.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Dick's Sporting Goods
DKS
$18.1B
| $71M | 10.16% |
357,844
| – | – |
|
2
Valvoline
VVV
$4.36B
| $70.7M | 10.12% |
2,098,843
| – | – |
|
3
Lithia Motors
LAD
$8.3B
| $55.7M | 7.97% |
222,963
-1,827
| -0.8% | -$543K |
|
|
4
US Foods
USFD
$23.6B
| $49.9M | 7.14% |
541,042
-223,000
| -29% | -$19.7M |
|
5
Centuri Holdings
CTRI
$2.38B
| $46.5M | 6.65% |
1,591,243
-275,000
| -15% | -$8.01M |
|
|
6
Crown Holdings
CCK
$12.9B
| $43.6M | 6.25% |
435,165
-177,000
| -29% | -$18.9M |
|
|
7
Q2 Holdings
QTWO
$4.04B
| $42.1M | 6.03% |
889,767
+210,000
| +31% | +$11.8M |
|
8
Vertex
VERX
$2.06B
| $40.4M | 5.79% |
3,398,563
-21,431
| -0.6% | -$334K |
|
9
Atlanta Braves Holdings Series B
BATRK
$3.44B
| $32.2M | 4.61% |
753,879
| – | – |
|
10
BlackLine
BL
$1.77B
| $27.8M | 3.98% |
750,786
-40,159
| -5% | -$1.73M |
|
|
WBI
11
WaterBridge Infrastructure LLC
WBI
$1.76B
| $26.4M | 3.78% |
984,574
+455,768
| +86% | +$10.9M |
|
12
Equinix
EQIX
$109B
| $25.9M | 3.7% |
26,392
-1,500
| -5% | -$1.33M |
|
|
CWAN
13
DELISTED
Clearwater Analytics
CWAN
| $20.8M | 2.98% |
879,674
-1,485,000
| -63% | -$35.1M |
|
14
Noble Corp
NE
$7.2B
| $19.6M | 2.81% |
399,375
-130,000
| -25% | -$5.31M |
|
|
15
Tyler Technologies
TYL
$13.5B
| $17.6M | 2.52% |
+51,375
| New | +$19.1M |
|
|
16
U-Haul Holding Co Series N
UHAL.B
$12.7B
| $17M | 2.44% |
381,395
+318,000
| +502% | +$15.1M |
|
|
17
Cavco Industries
CVCO
$4.65B
| $16M | 2.29% |
+33,000
| New | +$18.7M |
|
18
Champion Homes
SKY
$5.13B
| $15.7M | 2.25% |
211,143
-37,419
| -15% | -$3.22M |
|
19
nCino
NCNO
$2.28B
| $15.1M | 2.16% |
1,005,142
-80,000
| -7% | -$1.5M |
|
|
20
Compass
COMP
$9.99B
| $14.6M | 2.09% |
+1,997,399
| New | +$21M |
|
21
Helix Energy Solutions
HLX
$1.54B
| $8.41M | 1.2% |
849,946
| – | – |
|
22
AppFolio
APPF
$7.23B
| $8.36M | 1.2% |
+53,000
| New | +$10M |
|
23
Cellebrite
CLBT
$2.79B
| $7.24M | 1.04% |
+525,202
| New | +$7.92M |
|
24
Fox Factory Holding Corp
FOXF
$883M
| $3.89M | 0.56% |
+236,512
| New | +$4.28M |
|
25
Alight
ALIT
$372M
| $2.19M | 0.31% |
188,024
| – | – |
|
Similar funds
SC
CGIC
CPA
WC
LCP
SAM
DCM
ACGDR
Tensile Capital Management's Q1 2026 Portfolio in Review
As of Q1 2026, Tensile Capital Management held 30 positions worth $698M, down 9.5% from $772M the previous quarter. Its ten largest holdings account for 69% of the portfolio.
Tensile Capital Management's Q1 2026 filing shows 6 new, 3 increased, 11 reduced and 5 closed positions. Its largest new stake was Compass: 1,997,399 shares worth $14.6M. The largest sale was Clearwater Analytics, an estimated $35.1M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 40% of assets, up from 38% a quarter earlier, followed by Technology and Energy.
- Tensile Capital Management's largest Q1 2026 buy was Compass: 1,997,399 shares worth $14.6M.
- Tensile Capital Management added most to U-Haul Holding Co Series N in Q1 2026, an estimated $15.1M increase.
- Tensile Capital Management's biggest Q1 2026 reduction was Clearwater Analytics, cutting an estimated $35.1M.
- Tensile Capital Management fully exited Valaris in Q1 2026, selling an estimated $17.1M.
- Tensile Capital Management's ten largest holdings make up 69% of its $698M portfolio in Q1 2026.
- Tensile Capital Management opened 6 new positions and closed 5 in Q1 2026.
- Tensile Capital Management's portfolio value fell 9.5% quarter-over-quarter to $698M.
Based on Tensile Capital Management's 13F filing for Q1 2026, filed 15 May 2026.