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
+4.94%
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
$380M
AUM Growth
-$15.1M
(-3.8%)
Cap. Flow
-$33.4M
Cap. Flow
% of AUM
-8.78%
Top 10 Holdings %
Top 10 Hldgs %
81.75%
Holding
20
New
1
Increased
5
Reduced
10
Closed
3
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PTC
PTC
|
+$17.1M |
| 2 |
News Corp Class B
NWS
|
+$5.2M |
| 3 |
WEB
Web.com Group, Inc.
WEB
|
+$1.02M |
| 4 |
CSG
CHAMBERS STR PPTYS COM
CSG
|
+$821K |
| 5 |
Xerox
XRX
|
+$334K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EFOR
Everforth Inc
EFOR
|
+$10.7M |
| 2 |
Constellium
CSTM
|
+$8.35M |
| 3 |
Armstrong World Industries
AWI
|
+$7.67M |
| 4 |
CST
CST Brands, Inc.
CST
|
+$5.55M |
| 5 |
WCC
WESCO International
WCC
|
+$5.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 24.26% |
| 2 | Communication Services | 19.04% |
| 3 | Technology | 17.94% |
| 4 | Real Estate | 14.41% |
| 5 | Consumer Discretionary | 7.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
INFA
1
DELISTED
INFORMATICA CORP
INFA
| $60M | 15.78% |
1,368,296
-45,000
| -3% | -$1.87M |
|
2
Expeditors International
EXPD
$24.2B
| $49.1M | 12.92% |
1,020,000
-110,000
| -10% | -$5.06M |
|
|
3
News Corp Class B
NWS
$17.9B
| $37.5M | 9.85% |
2,360,000
+330,000
| +16% | +$5.2M |
|
|
CSG
4
DELISTED
CHAMBERS STR PPTYS COM
CSG
| $31.2M | 8.21% |
3,964,184
+100,000
| +3% | +$821K |
|
|
EFOR
5
Everforth Inc
EFOR
$1.3B
| $30.1M | 7.91% |
783,706
-294,611
| -27% | -$10.7M |
|
6
Equinix
EQIX
$109B
| $23.6M | 6.2% |
101,308
-7,000
| -6% | -$1.58M |
|
|
7
Xerox
XRX
$407M
| $23.6M | 6.19% |
695,620
+9,472
| +1% | +$334K |
|
|
TUMI
8
DELISTED
TUMI HLDGS INC COM
TUMI
| $20.4M | 5.36% |
832,863
-189,663
| -19% | -$4.32M |
|
|
9
PTC
PTC
$16.2B
| $17.9M | 4.71% |
+495,100
| New | +$17.1M |
|
10
News Corp Class A
NWSA
$15.8B
| $17.6M | 4.64% |
1,101,559
-120,000
| -10% | -$1.94M |
|
|
INXN
11
DELISTED
Interxion Holding N.V.
INXN
| $17.3M | 4.56% |
615,000
-20,000
| -3% | -$586K |
|
|
WEB
12
DELISTED
Web.com Group, Inc.
WEB
| $17.3M | 4.56% |
914,952
+58,600
| +7% | +$1.02M |
|
|
WCC
13
WESCO International
WCC
$17.6B
| $16.9M | 4.44% |
241,520
-75,623
| -24% | -$5.24M |
|
|
CST
14
DELISTED
CST Brands, Inc.
CST
| $6.28M | 1.65% |
143,305
-127,928
| -47% | -$5.55M |
|
|
15
Constellium
CSTM
$4.01B
| $5.95M | 1.56% |
292,710
-445,000
| -60% | -$8.35M |
|
|
GUID
16
DELISTED
Guidance Software, Inc.
GUID
| $2.91M | 0.77% |
538,303
+6,400
| +1% | +$39.2K |
|
|
CDK
17
DELISTED
CDK Global, Inc.
CDK
| $2.71M | 0.71% |
58,000
| – | – |
|
|
18
Armstrong World Industries
AWI
$7.7B
| – | – |
-150,000
| Closed | -$7.67M |
|
19
Clean Harbors
CLH
$17B
| – | – |
-37,775
| Closed | -$1.81M |
|
|
LOV
20
DELISTED
Spark Networks SE American Depositary Shares
LOV
| – | – |
-883,797
| Closed | -$3.17M |
|
Similar funds
SC
CGIC
CPA
WC
LCP
SAM
DCM
ACGDR
Tensile Capital Management's Q1 2015 Portfolio in Review
As of Q1 2015, Tensile Capital Management held 20 positions worth $380M, down 3.8% from $396M the previous quarter. Its ten largest holdings account for 82% of the portfolio.
Tensile Capital Management withdrew a net $33.4M in Q1 2015, closing 3 positions and reducing 10 holdings. Its most notable exit was Armstrong World Industries, an estimated $7.67M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 24% of assets, down from 28% a quarter earlier, followed by Communication Services and Technology.
Against the trend, Tensile Capital Management opened a new position in PTC worth $17.9M.
- Tensile Capital Management's largest Q1 2015 buy was PTC: 495,100 shares worth $17.9M.
- Tensile Capital Management added most to News Corp Class B in Q1 2015, an estimated $5.2M increase.
- Tensile Capital Management's biggest Q1 2015 reduction was Everforth Inc, cutting an estimated $10.7M.
- Tensile Capital Management fully exited Armstrong World Industries in Q1 2015, selling an estimated $7.67M.
- Tensile Capital Management's ten largest holdings make up 82% of its $380M portfolio in Q1 2015.
- Tensile Capital Management opened 1 new position and closed 3 in Q1 2015.
- Tensile Capital Management's portfolio value fell 3.8% quarter-over-quarter to $380M.
Based on Tensile Capital Management's 13F filing for Q1 2015, filed 15 May 2015.