WhaleCreep

Greenhaven Road Investment Management, L.P. 13F holdings, Q4 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-12-31, filed 2022-02-15

Greenhaven Road Investment Management, L.P. disclosed 47 US equity positions worth $443.9m in its Q4 2021 13F filing. Its largest position is APPS at 19.2% of the reported book, followed by KKR and PAR. Versus Q3 2021 it opened 11 new positions, added to 13, reduced 4 and exited 12.

$444m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
47
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
19.2%
Largest position
The largest single position as a share of the reported equity book.
87.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
10
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
27
Quarters on file since Q4 2019
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2021: 11 new, 13 added, 4 reduced, 12 exited

47 rows
APPS DIGITAL TURBINE INCTechnology19.2%$85.4m1.40m0.0%held
KKR KKR & CO INCFinancial Services14.3%$63.3m850,0000.0%held
PAR PAR TECHNOLOGY CORPTechnology13.9%$61.8m1.17m+7.3%added
ESTC ELASTIC N VTechnology10.3%$45.5m369,981−7.5%reduced
TDOC TELADOC HEALTH INCHealthcare6.2%$27.5m300,000–new
RICK RCI HOSPITALITY HLDGS INCConsumer Cyclical6.2%$27.5m353,474−18%reduced
NYT NEW YORK TIMES COCommunication Services5.4%$24.1m500,0000.0%held
PPLI PEOPLE INCCommunication Services4.4%$19.6m150,000+20%added
MKTW MARKETWISE INC–4.2%$18.9m2.50m0.0%held
BNEDUSD BARNES & NOBLE ED INC–3.2%$14.2m2.09m+13%added
MARKETWISE INC no ticker–2.3%$10.1m10.65m0.0%held
CLBT CELLEBRITE DI LTDTechnology2.1%$9.5m1.18m–new
HAGERTY INC no ticker–1.4%$6.2m1.42m–new
DIBS 1STDIBS COM INC–1.3%$5.8m466,766–new
CELLEBRITE DI LTD no ticker–1.1%$4.8m2.72m+6.2%added
AEYE AUDIOEYE INC–0.9%$4.0m564,471−17%reduced
GCM GROSVENOR INC no ticker–0.7%$3.1m2.06m+132%added
KALEYRA INC no ticker–0.7%$3.0m1.27m−0.1%held
KKR ACQUISITION HOLDING I CO no ticker–0.4%$1.7m1.72m0.0%held
APOLLO STRATEGIC GRWT CPTL I no ticker–0.2%$895k942,626+0.4%held
LIVEVOX HOLDING INC no ticker–0.2%$773k150,000–new
WHOLE EARTH BRANDS INC no ticker–0.2%$695k593,8990.0%held
JAWS MUSTANG ACQUISITION COR no ticker–0.1%$658k638,8910.0%held
LAZARD GROWTH ACQUISITION CO no ticker–0.1%$581k664,412+45%added
HUDSON EXECUTIVE INVES III no ticker–0.1%$546k691,8410.0%held
LIVEVOX HOLDING INC no ticker–0.1%$503k826,336+0.8%added
AVANTI ACQUISITION CORP no ticker–0.10%$433k731,660+3.8%added
WARBURG PINCUS CAPTAL CORP I no ticker–0.10%$427k414,324+82%added
VY GLOBAL GROWTH no ticker–0.07%$327k281,9350.0%held
CC NEUBERGER PRINCIPAL HOLDN no ticker–0.07%$319k292,256+4.7%added
BYTE ACQUISITION CORP no ticker–0.06%$256k404,0310.0%held
BLUE WHALE ACQUISITION CORP no ticker–0.05%$220k258,716−74%reduced
WARBURG PINCUS CAPTAL CORP I no ticker–0.04%$186k190,625+201%added
QRHC QUEST RESOURCE HLDG CORP–0.04%$168k24,220–new
CHURCHILL CAPITAL CORP V no ticker–0.03%$123k125,630–new
GORES TECHNOLOGY PARTNERS IN no ticker–0.02%$105k76,1540.0%held
DAIO DATA I O CORP–0.02%$89.0k19,316+0.9%added
MONEYLION INC no ticker–0.02%$87.0k140,0000.0%held
PESI PERMA-FIX ENVIRONMENTAL SVCS–0.01%$65.0k10,254–new
SKYDECK ACQUISITION CORP no ticker–0.01%$63.0k76,821–new
SIFY SIFY TECHNOLOGIES LTD–0.01%$56.0k17,2670.0%held
LIGHTNING EMOTORS INC no ticker–0.01%$50.0k61,7360.0%held
SENIOR CONNECT ACQUISITN COR no ticker–0.01%$47.0k88,989–new
TCW SPECIAL PURPOSE ACQU COR no ticker–0.01%$33.0k54,8000.0%held
THE ONCOLOGY INSTITUTE INC no ticker–0.01%$32.0k47,003–new
S&W SEED CO no ticker–0.01%$31.0k11,228+3.8%added
GLASS HOUSES ACQUISITION COR no ticker–0.0%$9.0k14,6930.0%held

Exited since Q3 2021

12 rows
SE SEA LTD6.3%$32.1m
ROKU ROKU INC5.6%$28.2m
VMEO* VIMEO INC1.2%$6.0m
ALDEL FINANCIAL INC no ticker0.4%$2.2m
APOLLO STRATEGIC GROWTH CAPT no ticker0.2%$1.2m
CAZOO GROUP LTD no ticker0.2%$1.1m
TALK TALKSPACE INC0.2%$992k
LIGHTNING EMOTORS INC no ticker0.1%$704k
CC NEUBERGER PRIN HLDGS II no ticker0.08%$413k
DGX QUEST DIAGNOSTICS INC0.03%$173k
CTEKUSD CYNERGISTEK INC0.01%$59.0k
SKYDECK ACQUISITION CORP no ticker0.01%$52.0k

Sector mix

  • Technology45.5%
  • Unclassified17.9%
  • Financial Services14.3%
  • Communication Services9.9%
  • Healthcare6.2%
  • Consumer Cyclical6.2%

Book over time

Every quarter on file (27)
QuarterPositionsEquity book
Q2 202617$154m
Q1 202617$145m
Q4 202515$231m
Q3 202515$242m
Q2 202518$285m
Q1 202517$243m
Q4 202416$259m
Q3 202415$235m
Q2 202418$216m
Q1 202419$236m
Q4 202321$238m
Q3 202327$2.0bn
Q2 202334$2.0bn
Q1 202337$1.7bn
Q4 202233$155m
Q3 202242$166m
Q2 202250$195m
Q1 202256$306m
Q4 202147$444m
Q3 202148$506m
Q2 202137$488m
Q1 202124$448m
Q4 202026$392m
Q3 202022$259m
Q2 202023$151m
Q1 202015$79.8m
Q4 201916$114m

Where Greenhaven Road Investment Management, L.P. was early

12 rows
ROKU ROKU INCQ1 202013 of 2057.7%8.5%7Exited by Q4 2021+258%
RICK RCI HOSPITALITY HLDGS INCQ2 20202 of 533.2%8.2%8Exited by Q2 2022+343%
BXC BLUELINX HLDGS INCQ2 20206 of 802.4%2.5%3Exited by Q1 2021+241%
AEYE AUDIOEYE INCQ3 20201 of 404.6%5.6%13Exited by Q4 2023−66%
VMEO* VIMEO INCQ2 20218 of 1162.0%2.0%2Exited by Q4 2021−40%
PPLI IAC INTERACTIVECORP NEWQ2 202112 of 1564.0%4.4%3Exited by Q1 2022−15%
MKTW MARKETWISE INCQ3 20211 of 284.1%6.0%14Exited by Q1 2025−93%
CLBT CELLEBRITE DI LTDQ4 20214 of 852.1%16.8%19Held at last filing, Q2 2026+82%
HGTY HAGERTY INCQ2 20221 of 323.8%17.2%17Held at last filing, Q2 2026+3.7%
NXDR NEXTDOOR HOLDINGS CL AQ2 20225 of 821.1%1.1%4Exited by Q2 2023−35%
BUR BURFORD CAP LTDQ1 20237 of 996.8%11.1%14Held at last filing, Q2 2026−63%
SOC SABLE OFFSHORE CORPQ3 20244 of 1015.0%6.3%5Exited by Q4 2025−26%

Concentration and tenure

20.4%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
92.8%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
3
Median completed holding, quarters