WhaleCreep

Greenhaven Road Investment Management, L.P. 13F holdings, Q3 2023

Hedge fundSEC filingsCompare with another fundHoldings as of 2023-09-30, filed 2023-11-21

Greenhaven Road Investment Management, L.P. disclosed 27 US equity positions worth $2.0bn in its Q3 2023 13F filing. Its largest position is PAR at 23.4% of the reported book, followed by KKR and CLBT. Versus Q2 2023 it opened 2 new positions, added to 4, reduced 9 and exited 9.

$2.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
27
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
23.4%
Largest position
The largest single position as a share of the reported equity book.
94.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
8
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 Q2 2023: 2 new, 4 added, 9 reduced, 9 exited

27 rows
PAR PAR TECHNOLOGY CORPTechnology23.4%$466m1.21m−3.4%reduced
KKR KKR & CO INCFinancial Services17.1%$341m553,700−14%reduced
CLBT CELLEBRITE DI LTDTechnology12.2%$243m3.17m−10%reduced
BUR BURFORD CAPITAL LIMITEDFinancial Services11.1%$222m1.58m+20%added
APG API GROUP CORPIndustrials9.7%$193m745,345−3.6%reduced
LFCR LIFECORE BIOMEDICAL INCHealthcare8.3%$165m2.19m+15%added
HGTY HAGERTY INCFinancial Services4.2%$83.5m1.02m0.0%held
SPHR SPHERE ENTERTAINMENT COCommunication Services3.5%$70.7m190,211−14%reduced
BNEDUSD BARNES & NOBLE ED INC–2.8%$56.3m5.17m+0.2%held
APPS DIGITAL TURBINE INCTechnology1.7%$34.0m562,433−5.5%reduced
CELLEBRITE DI LTD no ticker–1.7%$33.7m2.66m0.0%held
HAGERTY INC no ticker–1.6%$30.9m1.36m0.0%held
KWY KINGSWAY CORP–1.2%$24.1m319,7540.0%held
INVESCO QQQ TR no ticker–0.6%$11.1m6,375–new
CLAR CLARUS CORP NEWConsumer Cyclical0.4%$7.8m103,402–new
MKTW MARKETWISE INC–0.4%$7.3m4.55m0.0%held
KALEYRA INC no ticker–0.05%$951k985,880−7.4%reduced
CC NEUBERGER PRINCIPAL HOLDN no ticker–0.05%$928k452,6770.0%held
AEYE AUDIOEYE INC–0.03%$573k11,577−95%reduced
UPHEALTH INC no ticker–0.03%$553k564,0690.0%held
JAWS MUSTANG ACQUISITION COR no ticker–0.02%$468k1.17m0.0%held
MTRX MATRIX SVC CO–0.01%$209k17,687+4.7%added
PESI PERMA-FIX ENVIRONMENTAL SVCS–0.01%$113k10,7990.0%held
MAMA MAMAS CREATIONS INC–0.0%$88.0k20,2010.0%held
DAIO DATA I O CORP–0.0%$66.0k17,315−17%reduced
RSSS RESEARCH SOLUTIONS INC–0.0%$64.0k25,701+5.5%added
UPHEALTH INC no ticker–0.0%$1.0k60,0000.0%held

Exited since Q2 2023

9 rows
GCM GROSVENOR INC no ticker0.4%$6.9m
WHOLE EARTH BRANDS INC no ticker0.06%$1.2m
BLUE WHALE ACQUISITION CORP no ticker0.02%$349k
LIBERTY MEDIA ACQUISITION CO no ticker0.01%$174k
LIGHTNING EMOTORS INC no ticker0.01%$105k
S&W SEED CO no ticker0.0%$40.0k
QRHC QUEST RESOURCE HLDG CORP0.0%$39.0k
SIFY SIFY TECHNOLOGIES LTD0.0%$35.0k
LIGHTNING EMOTORS INC no ticker0.0%$16.0k

Sector mix

  • Technology37.2%
  • Financial Services32.4%
  • Industrials9.7%
  • Unclassified8.4%
  • Healthcare8.3%
  • Communication Services3.5%
  • Consumer Cyclical0.4%

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