Tensile Capital Management - Q2 2023 holdings

$773 Million is the total value of Tensile Capital Management's 18 reported holdings in Q2 2023. The portfolio turnover from Q1 2023 to Q2 2023 was 25.0% .

 Value Shares↓ Weighting
VERX SellVERTEX INCcl a$114,400,982
-7.4%
5,866,717
-1.7%
14.80%
-11.8%
DKS BuyDICKS SPORTING GOODS INC$93,910,420
+4.8%
710,420
+12.4%
12.15%
-0.2%
CCK SellCROWN HLDGS INC$82,009,624
+0.8%
944,050
-4.1%
10.61%
-4.0%
VVV BuyVALVOLINE INC$76,270,396
+10.1%
2,033,335
+2.6%
9.87%
+4.9%
LAD SellLITHIA MTRS INC$76,000,738
+23.0%
249,912
-7.4%
9.83%
+17.2%
ASO BuyACADEMY SPORTS & OUTDOORS IN$66,745,480
-7.6%
1,234,884
+11.5%
8.64%
-12.0%
ALIT BuyALIGHT INC$57,094,283
+3.0%
6,179,035
+2.7%
7.39%
-1.8%
BATRK  LIBERTY MEDIA CORP DEL$39,327,565
+17.6%
992,6190.0%5.09%
+12.0%
BL BuyBLACKLINE INC$33,087,352
+3.5%
614,778
+29.1%
4.28%
-1.4%
SMAR BuySMARTSHEET INC$32,019,794
-1.0%
836,900
+23.6%
4.14%
-5.7%
DFIN  DONNELLEY FINL SOLUTIONS INC$27,847,696
+11.4%
611,6340.0%3.60%
+6.2%
EQIX BuyEQUINIX INC$19,709,819
+29.3%
25,142
+18.9%
2.55%
+23.2%
WK  WORKIVA INC$11,690,900
-0.7%
115,0000.0%1.51%
-5.4%
TTWO SellTAKE-TWO INTERACTIVE SOFTWAR$9,488,141
-39.0%
64,475
-50.5%
1.23%
-41.9%
QTWO NewQ2 HLDGS INC$8,783,140284,244
+100.0%
1.14%
EVBG BuyEVERBRIDGE INC$8,741,263
+29.3%
324,954
+66.7%
1.13%
+23.2%
USFD NewUS FOODS HLDNG CORP$8,629,016196,114
+100.0%
1.12%
NewNCINO INC$7,221,631239,762
+100.0%
0.93%
ExitDICKS SPORTING GOODS INCnote 3.250% 4/1$0-2,500,000
-100.0%
-1.51%
Original filings

The following EDGAR filing(s) were analyzed to create this report:

  • View 13F-HR filed 2023-08-14
Signatures

The EDGAR filing(s) were signed by:

About Tensile Capital Management

Tensile Capital Management is a San Francisco-based investment management firm that was founded in 2011 by Douglas Dossey and Mark D. Coe. The firm manages assets for a variety of clients, including high net worth individuals, family offices, and institutional investors. Tensile Capital Management focuses on long-term investments in publicly traded companies that have strong fundamentals and attractive valuations.

The firm's investment philosophy is centered around the belief that the stock market is inefficient and that there are opportunities to generate alpha by identifying mispricings in the market. Tensile Capital Management's investment team conducts extensive research and analysis to identify companies that are undervalued by the market and have the potential for long-term growth.

The firm's leadership team includes Douglas Dossey, who serves as the CEO and Chief Investment Officer, and Mark D. Coe, who serves as the COO and Chief Compliance Officer. Both Dossey and Coe have extensive experience in the finance industry, having worked at firms such as Goldman Sachs and BlackRock prior to founding Tensile Capital Management.

Overall, Tensile Capital Management is a well-respected investment management firm that has a strong track record of generating alpha for its clients. While past performance is not indicative of future results, the firm's focus on long-term investments and its experienced leadership team make it a compelling option for investors looking for exposure to the stock market.

It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.

Top long-term holdings
NameQuarters ownedLatest quarter ownedMax weighting
EQUINIX INC31Q3 20238.9%
EXPEDITORS INTL WASH INC28Q3 202014.7%
LIBERTY MEDIA CORP DELAWARE/CL C BRAVES GRP28Q2 20237.4%
VALVOLINE INC27Q3 202312.0%
CORNERSTONE ONDEMAND INC26Q3 202117.0%
DICKS SPORTING GOODS INC26Q3 202312.2%
INTERXION HOLDING N.V.25Q4 20196.2%
NEWS CORP NEW/CL A24Q3 20198.7%
PTC INC21Q1 202015.2%
CROWN HOLDINGS INC COM STK21Q3 202312.2%

View Tensile Capital Management's complete holdings history.

Latest significant ownerships (13-D/G)
Tensile Capital Management Q2 2023 significant holdings filed using form 13D/G when ownership exceeds 5% of a company's total stock issue.
FiledShares Percentage
TUESDAY MORNING CORP/DESold outAugust 11, 202300.0%

View Tensile Capital Management's complete significant-ownership history.

Latest filings
TypeFiled
13F-HR2024-05-15
13F-HR2024-02-14
SC 13G/A2024-02-14
13F-HR2023-11-14
42023-11-13
42023-10-10
42023-10-03
13F-HR2023-08-14
SC 13D/A2023-08-11
13F-HR2023-05-15

View Tensile Capital Management's complete filings history.

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