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
-19.71%
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
$580M
AUM Growth
-$108M
(-16%)
Cap. Flow
+$45.7M
Cap. Flow
% of AUM
7.88%
Top 10 Holdings %
Top 10 Hldgs %
87.97%
Holding
18
New
1
Increased
9
Reduced
1
Closed
2
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AVLR
Avalara, Inc.
AVLR
|
+$16M |
| 2 |
Take-Two Interactive
TTWO
|
+$12M |
| 3 |
COUP
Coupa Software Incorporated
COUP
|
+$9.17M |
| 4 |
Alight
ALIT
|
+$9.06M |
| 5 |
Academy Sports + Outdoors
ASO
|
+$7.87M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cannae Holdings
CNNE
|
+$13.2M |
| 2 |
VTNR
Vertex Energy, Inc
VTNR
|
+$11.1M |
| 3 |
Equinix
EQIX
|
+$7.13M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 53.29% |
| 2 | Technology | 31.53% |
| 3 | Communication Services | 10.74% |
| 4 | Real Estate | 3.19% |
| 5 | Consumer Staples | 1.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Lithia Motors
LAD
$8.3B
| $76.9M | 13.26% |
279,912
| – | – |
|
|
AVLR
2
DELISTED
Avalara, Inc.
AVLR
| $74.4M | 12.82% |
1,053,408
+194,800
| +23% | +$16M |
|
3
Crown Holdings
CCK
$12.9B
| $67.1M | 11.57% |
728,055
+55,000
| +8% | +$5.88M |
|
4
Valvoline
VVV
$4.36B
| $66M | 11.38% |
2,288,655
+149,320
| +7% | +$4.59M |
|
|
5
Academy Sports + Outdoors
ASO
$2.98B
| $48.9M | 8.44% |
1,377,039
+215,000
| +19% | +$7.87M |
|
6
Dick's Sporting Goods
DKS
$18.1B
| $45.5M | 7.84% |
603,188
| – | – |
|
|
7
Take-Two Interactive
TTWO
$46.2B
| $42.2M | 7.28% |
344,475
+94,000
| +38% | +$12M |
|
|
8
Alight
ALIT
$372M
| $33.9M | 5.85% |
251,294
+55,285
| +28% | +$9.06M |
|
|
COUP
9
DELISTED
Coupa Software Incorporated
COUP
| $29.9M | 5.15% |
523,224
+118,979
| +29% | +$9.17M |
|
|
CHNG
10
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $25.3M | 4.37% |
1,097,844
| – | – |
|
11
Atlanta Braves Holdings Series B
BATRK
$3.44B
| $20.1M | 3.46% |
835,535
| – | – |
|
|
12
Equinix
EQIX
$109B
| $18.5M | 3.19% |
28,142
-10,300
| -27% | -$7.13M |
|
|
EVBG
13
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $11.2M | 1.93% |
402,168
+186,300
| +86% | +$7.55M |
|
14
Vertex
VERX
$2.06B
| $8.16M | 1.41% |
720,258
+25,526
| +4% | +$323K |
|
|
TUEM
15
DELISTED
Tuesday Morning Corp
TUEM
| $7.26M | 1.25% |
671,953
| – | – |
|
16
Asbury Automotive
ABG
$3.78B
| $4.61M | 0.8% |
+27,233
| New | +$4.72M |
|
|
17
Cannae Holdings
CNNE
$635M
| – | – |
-553,331
| Closed | -$13.2M |
|
|
VTNR
18
DELISTED
Vertex Energy, Inc
VTNR
| – | – |
-1,112,728
| Closed | -$11.1M |
|
Similar funds
SC
CGIC
CPA
WC
LCP
SAM
DCM
ACGDR
Tensile Capital Management's Q2 2022 Portfolio in Review
As of Q2 2022, Tensile Capital Management held 18 positions worth $580M, down 16% from $688M the previous quarter. Its ten largest holdings account for 88% of the portfolio.
Tensile Capital Management deployed $45.7M of net new capital in Q2 2022, opening 1 new position and adding to 9 existing holdings. Its largest new stake was Asbury Automotive: 27,233 shares worth $4.61M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 53% of assets, up from 52% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was Equinix, an estimated $7.13M trimmed.
- Tensile Capital Management's largest Q2 2022 buy was Asbury Automotive: 27,233 shares worth $4.61M.
- Tensile Capital Management added most to Avalara, Inc. in Q2 2022, an estimated $16M increase.
- Tensile Capital Management's biggest Q2 2022 reduction was Equinix, cutting an estimated $7.13M.
- Tensile Capital Management fully exited Cannae Holdings in Q2 2022, selling an estimated $13.2M.
- Tensile Capital Management's ten largest holdings make up 88% of its $580M portfolio in Q2 2022.
- Tensile Capital Management opened 1 new position and closed 2 in Q2 2022.
- Tensile Capital Management's portfolio value fell 16% quarter-over-quarter to $580M.
Based on Tensile Capital Management's 13F filing for Q2 2022, filed 15 Aug 2022.