Kent Lake Capital LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Kent Lake Capital LLC reported 43 stock positions worth $229.1 million. Its top holding was Zimvie (ZIMV) at 7.2% of the portfolio, followed by Xponential Fitness Class A (XPOF, 6.4%) and Forrester Research (FORR, 5.0%). Compared with Q4 2023, it opened 15 new positions, sold out of 19, added to 8 and reduced 14. The biggest buy was Xponential Fitness Class A (XPOF, shares +276%) and the biggest sale an exit from Veradigm (MDRX).
- Most Recent 13F
- Q2 2024
- Location
- RENO, NV
- CIK
- 0001777141
- Portfolio Value
- $229.1M (Q1 2024)
- SEC Filing
- 0001777141-24-000008 ↗ filed May 15, 2024
Holdings Value
Holdings 43 stocks · $229.1M
| ZIMV Zimvie Inc. | 7.20% | 1,000,000 | $16.5M | No change |
| XPOF Xponential Fitness Inc. Class A | 6.37% | 882,443 | $14.6M | Add +276.0% |
| FORR Forrester Research Inc. | 5.01% | 532,152 | $11.5M | New |
| VAL Valaris Ltd. | 4.93% | 150,000 | $11.3M | New |
| PNTG The Pennant Group Inc. | 4.71% | 550,000 | $10.8M | Reduce -10.6% |
| VCEL Vericel Corp. | 4.54% | 200,000 | $10.4M | Reduce -33.3% |
| ENSG The Ensign Group Inc. | 4.34% | 80,000 | $10.0M | No change |
| KD Kyndryl Holdings Inc. | 3.80% | 400,000 | $8.7M | Reduce -27.3% |
| NPCE Neuropace Inc. | 3.71% | 643,629 | $8.5M | Reduce -4.1% |
| INNV Innovage Holding Corp. | 3.39% | 1,750,000 | $7.8M | Add +3.7% |
| GDOT Green Dot Corp. Class A | 3.26% | 800,000 | $7.5M | New |
| FVRR Fiverr International Ltd. | 3.22% | 350,000 | $7.4M | Add +7.7% |
| EVBG Everbridge Inc. | 3.04% | 200,000 | $7.0M | Reduce -20.0% |
| CVGW Calavo Growers Inc. | 3.03% | 250,000 | $7.0M | Reduce -16.7% |
| SIBN Si-Bone Inc. | 3.01% | 421,305 | $6.9M | Add +5.3% |
| ADV Advantage Solutions Inc. | 2.77% | 1,465,876 | $6.3M | Reduce -9.3% |
| VMD Viemed Healthcare Inc. | 2.43% | 589,251 | $5.6M | New |
| TH Target Hospitality Corp. | 2.37% | 500,000 | $5.4M | No change |
| EHAB Enhabit Inc. | 2.26% | 444,874 | $5.2M | New |
| VMEO Vimeo Inc. | 2.23% | 1,250,000 | $5.1M | New |
| STIM Neuronetics Inc. | 2.12% | 1,021,151 | $4.9M | Reduce -8.5% |
| PHIN Phinia Inc. | 2.10% | 125,000 | $4.8M | Reduce -37.5% |
| LUCK Lucky Strike Entertainment C filed as BOWLERO CORP | 2.09% | 350,000 | $4.8M | Reduce -30.0% |
| SILC Silicom Ltd. | 2.04% | 315,000 | $4.7M | Add +5.0% |
| CDLX Cardlytics Inc. | 1.58% | 250,000 | $3.6M | New |
| EGHT 8X8 Inc. | 1.58% | 1,338,319 | $3.6M | Reduce -51.3% |
| XPEL Xpel Inc. | 1.41% | 60,000 | $3.2M | No change |
| NRDY Nerdy Inc. | 1.27% | 1,000,000 | $2.9M | Reduce -61.5% |
| CCSI Consensus Cloud Solution | 1.01% | 145,762 | $2.3M | New |
| TMDX Transmedics Group Inc. | 0.97% | 30,000 | $2.2M | Reduce -45.5% |
| CDXS Codexis Inc. | 0.96% | 629,399 | $2.2M | New |
| CDMO Avid Bioservices Inc. | 0.82% | 280,504 | $1.9M | New |
| STLN Starling Oncology Inc. filed as THE ONCOLOGY INSTITUTE INC | 0.82% | 1,186,713 | $1.9M | Add +9.4% |
| QTRX Quanterix Corp. | 0.77% | 75,000 | $1.8M | Reduce -60.3% |
| OABI Omniab Inc. | 0.71% | 300,000 | $1.6M | No change |
| AXGN Axogen Inc. | 0.71% | 200,348 | $1.6M | New |
| PAR Par Technology Corp. | 0.71% | 35,615 | $1.6M | New |
| UEIC Universal Electronics Inc. | 0.69% | 158,611 | $1.6M | New |
| SEER Seer Inc. | 0.62% | 750,000 | $1.4M | New |
| AVNW Aviat Networks Inc. | 0.44% | 26,021 | $998K | No change |
| LFWD Lifeward Ltd. filed as REWALK ROBOTICS LTD | 0.36% | 157,361 | $823K | Add +66.5% |
| EKSO BIONICS HOLDINGS INC | 0.35% | 596,050 | $811K | Add +322.3% |
| PHLT Performant Healthcare Inc. | 0.26% | 200,000 | $588K | New |
Portfolio Sells Q4 2023 → Q1 2024
| MDRX Veradigm Inc. | Sold out | 0.00% | −6.08 |
| FARO Faro Technologies Inc. | Sold out | 0.00% | −4.05 |
| UPWK Upwork Inc. | Sold out | 0.00% | −3.45 |
| CDNA Caredx Inc. | Sold out | 0.00% | −2.87 |
| EGHT 8X8 Inc. | Reduce -51.3% | 1.58% | −2.44 |
| NRDY Nerdy Inc. | Reduce -61.5% | 1.27% | −2.17 |
| LSPD Lightspeed Commerce Inc. | Sold out | 0.00% | −2.03 |
| VSTS Vestis Corp. | Sold out | 0.00% | −1.61 |
| SLGC Somalogic Inc. | Sold out | 0.00% | −1.52 |
| QTRX Quanterix Corp. | Reduce -60.3% | 0.77% | −1.22 |
| MODVQ Modivcare Inc. | Sold out | 0.00% | −1.19 |
| TCMD Tactile Systems Technology I | Sold out | 0.00% | −1.13 |
| BVS Bioventus Inc. Class A | Sold out | 0.00% | −1.08 |
| INGN Inogen Inc. | Sold out | 0.00% | −0.97 |
| GILT Gilat Satellite Networks Ltd. | Sold out | 0.00% | −0.86 |
| ILMN Illumina Inc. | Sold out | 0.00% | −0.81 |
| MYGN Myriad Genetics Inc. | Sold out | 0.00% | −0.80 |
| TMDX Transmedics Group Inc. | Reduce -45.5% | 0.97% | −0.71 |
| IHRT Iheartmedia Inc. Class A | Sold out | 0.00% | −0.67 |
| LUCK Lucky Strike Entertainment C | Reduce -30.0% | 2.09% | −0.64 |
| KD Kyndryl Holdings Inc. | Reduce -27.3% | 3.80% | −0.61 |
| SNCE Science 37 Holdings Inc. | Sold out | 0.00% | −0.57 |
| CVGW Calavo Growers Inc. | Reduce -16.7% | 3.03% | −0.37 |
| BTMD Biote Corp. Class A | Sold out | 0.00% | −0.34 |
| VISN Vistance Networks Inc. | Sold out | 0.00% | −0.27 |
| PHIN Phinia Inc. | Reduce -37.5% | 2.10% | −0.24 |
| AKYA Akoya Biosciences Inc. | Sold out | 0.00% | −0.22 |
| VCEL Vericel Corp. | Reduce -33.3% | 4.54% | +0.42 |
| ADV Advantage Solutions Inc. | Reduce -9.3% | 2.77% | +0.51 |
| EVBG Everbridge Inc. | Reduce -20.0% | 3.04% | +0.69 |
| STIM Neuronetics Inc. | Reduce -8.5% | 2.12% | +0.87 |
| NPCE Neuropace Inc. | Reduce -4.1% | 3.71% | +1.04 |
| PNTG The Pennant Group Inc. | Reduce -10.6% | 4.71% | +1.41 |
Portfolio Buys Q4 2023 → Q1 2024
| XPOF Xponential Fitness Inc. Class A | Add +276.0% | 6.37% | +5.20 |
| FORR Forrester Research Inc. | New | 5.01% | +5.01 |
| VAL Valaris Ltd. | New | 4.93% | +4.93 |
| GDOT Green Dot Corp. Class A | New | 3.26% | +3.26 |
| VMD Viemed Healthcare Inc. | New | 2.43% | +2.43 |
| EHAB Enhabit Inc. | New | 2.26% | +2.26 |
| VMEO Vimeo Inc. | New | 2.23% | +2.23 |
| CDLX Cardlytics Inc. | New | 1.58% | +1.58 |
| CCSI Consensus Cloud Solution | New | 1.01% | +1.01 |
| CDXS Codexis Inc. | New | 0.96% | +0.96 |
| CDMO Avid Bioservices Inc. | New | 0.82% | +0.82 |
| AXGN Axogen Inc. | New | 0.71% | +0.71 |
| PAR Par Technology Corp. | New | 0.71% | +0.71 |
| UEIC Universal Electronics Inc. | New | 0.69% | +0.69 |
| SEER Seer Inc. | New | 0.62% | +0.62 |
| PHLT Performant Healthcare Inc. | New | 0.26% | +0.26 |
| EKSO BIONICS HOLDINGS INC | Add +322.3% | 0.35% | +0.22 |
| LFWD Lifeward Ltd. | Add +66.5% | 0.36% | +0.15 |
| STLN Starling Oncology Inc. | Add +9.4% | 0.82% | −0.04 |
| SILC Silicom Ltd. | Add +5.0% | 2.04% | −0.06 |
| FVRR Fiverr International Ltd. | Add +7.7% | 3.22% | −0.20 |
| SIBN Si-Bone Inc. | Add +5.3% | 3.01% | −0.23 |
| INNV Innovage Holding Corp. | Add +3.7% | 3.39% | −0.52 |