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
+10.6%
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
$747M
AUM Growth
+$86.8M
(+13%)
Cap. Flow
+$30.7M
Cap. Flow
% of AUM
4.11%
Top 10 Holdings %
Top 10 Hldgs %
84.18%
Holding
20
New
1
Increased
4
Reduced
7
Closed
1
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vertex
VERX
|
+$25.1M |
| 2 |
CSOD
Cornerstone OnDemand, Inc.
CSOD
|
+$10.9M |
| 3 |
AVLR
Avalara, Inc.
AVLR
|
+$9.59M |
| 4 |
TLND
Talend S.A. American Depositary Shares
TLND
|
+$5.4M |
| 5 |
Valvoline
VVV
|
+$318K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Expeditors International
EXPD
|
+$5.96M |
| 2 |
Matsons
MATX
|
+$5.38M |
| 3 |
Dick's Sporting Goods
DKS
|
+$4.87M |
| 4 |
Advance Auto Parts
AAP
|
+$1.51M |
| 5 |
AUD
Audacy, Inc.
AUD
|
+$878K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 39.35% |
| 2 | Technology | 36.34% |
| 3 | Communication Services | 14.46% |
| 4 | Real Estate | 7.69% |
| 5 | Industrials | 1.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AVLR
1
DELISTED
Avalara, Inc.
AVLR
| $172M | 23.04% |
1,351,959
+75,470
| +6% | +$9.59M |
|
2
Lithia Motors
LAD
$8.3B
| $70M | 9.37% |
307,136
-3,206
| -1% | -$721K |
|
3
Crown Holdings
CCK
$12.9B
| $65.1M | 8.71% |
846,990
| – | – |
|
|
4
Valvoline
VVV
$4.36B
| $60.2M | 8.05% |
3,159,559
+15,401
| +0.5% | +$318K |
|
5
Take-Two Interactive
TTWO
$46.2B
| $58.7M | 7.85% |
355,098
| – | – |
|
6
Equinix
EQIX
$109B
| $57.4M | 7.69% |
75,542
| – | – |
|
|
7
Dick's Sporting Goods
DKS
$18.1B
| $48.6M | 6.5% |
839,579
-100,000
| -11% | -$4.87M |
|
|
CSOD
8
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $35.9M | 4.8% |
986,175
+303,573
| +44% | +$10.9M |
|
|
TLND
9
DELISTED
Talend S.A. American Depositary Shares
TLND
| $33.3M | 4.46% |
852,529
+139,553
| +20% | +$5.4M |
|
10
Atlanta Braves Holdings Series B
BATRK
$3.44B
| $27.7M | 3.7% |
1,317,217
| – | – |
|
11
O'Reilly Automotive
ORLY
$73.7B
| $27.2M | 3.64% |
884,010
| – | – |
|
|
12
Vertex
VERX
$2.06B
| $23.7M | 3.18% |
+1,032,000
| New | +$25.1M |
|
|
13
Advance Auto Parts
AAP
$3.41B
| $23M | 3.07% |
149,608
-10,000
| -6% | -$1.51M |
|
|
PS
14
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $19.7M | 2.63% |
1,148,224
| – | – |
|
|
15
Expeditors International
EXPD
$24.2B
| $12.4M | 1.65% |
136,487
-70,000
| -34% | -$5.96M |
|
|
AYX
16
DELISTED
Alteryx Inc
AYX
| $6.47M | 0.87% |
56,993
-5,000
| -8% | -$681K |
|
17
Transocean
RIG
$6.43B
| $2.29M | 0.31% |
2,842,940
-400,000
| -12% | -$654K |
|
|
AUD
18
DELISTED
Audacy, Inc.
AUD
| $2M | 0.27% |
1,239,275
-586,812
| -32% | -$878K |
|
|
VTNR
19
DELISTED
Vertex Energy, Inc
VTNR
| $1.5M | 0.2% |
1,500,000
| – | – |
|
|
20
Matsons
MATX
$6.5B
| – | – |
-185,000
| Closed | -$5.38M |
|
Similar funds
SC
CGIC
CPA
WC
LCP
SAM
DCM
ACGDR
Tensile Capital Management's Q3 2020 Portfolio in Review
As of Q3 2020, Tensile Capital Management held 20 positions worth $747M, up 13% from $660M the previous quarter. Its ten largest holdings account for 84% of the portfolio.
Tensile Capital Management deployed $30.7M of net new capital in Q3 2020, opening 1 new position and adding to 4 existing holdings. Its largest new stake was Vertex: 1,032,000 shares worth $23.7M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 39% of assets, up from 38% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was Expeditors International, an estimated $5.96M trimmed.
- Tensile Capital Management's largest Q3 2020 buy was Vertex: 1,032,000 shares worth $23.7M.
- Tensile Capital Management added most to Cornerstone OnDemand, Inc. in Q3 2020, an estimated $10.9M increase.
- Tensile Capital Management's biggest Q3 2020 reduction was Expeditors International, cutting an estimated $5.96M.
- Tensile Capital Management fully exited Matsons in Q3 2020, selling an estimated $5.38M.
- Tensile Capital Management's ten largest holdings make up 84% of its $747M portfolio in Q3 2020.
- Tensile Capital Management opened 1 new position and closed 1 in Q3 2020.
- Tensile Capital Management's portfolio value rose 13% quarter-over-quarter to $747M.
Based on Tensile Capital Management's 13F filing for Q3 2020, filed 16 Nov 2020.