Palogic Value Management, L.P. 13F holdings, Q4 2023
Palogic Value Management, L.P. disclosed 159 US equity positions worth $225.8m in its Q4 2023 13F filing. Its largest position is AAPL at 4.5% of the reported book, followed by MSFT and AVGO. Versus Q3 2023 it opened 16 new positions, added to 58, reduced 39 and exited 11.
- $226m
- Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
- 159
- Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
- 4.5%
- Largest position The largest single position as a share of the reported equity book.
- 25.2%
- Top 10 weight The ten largest positions together, as a share of the reported equity book.
- 73
- Effective positions 1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
- 15
- Quarters on file since Q4 2022 Quarters for which this manager's 13F holdings are on record.
Holdings
Against Q3 2023: 16 new, 58 added, 39 reduced, 11 exited
| AAPL APPLE INC | 4.5% | −0.1% | held |
| MSFT MICROSOFT CORP | 2.9% | 0.0% | held |
| AVGO BROADCOM INC | 2.8% | −5.2% | reduced |
| GOOG ALPHABET INC | 2.5% | +0.1% | held |
| BHP BHP BILLITON LIMITED | 2.5% | +0.7% | added |
| EXMOC EXXON MOBIL CORP | 2.2% | 0.0% | held |
| VERX VERTEX INC | 2.1% | −22% | reduced |
| BAND BANDWIDTH INC | 1.9% | +17% | added |
| SHEL SHELL PLC | 1.9% | −12% | reduced |
| CNNE CANNAE HLDGS INC | 1.9% | −21% | reduced |
| CMCO COLUMBUS MCKINNON CORP N Y | 1.8% | −4.5% | reduced |
| DOMO DOMO INC | 1.8% | −19% | reduced |
| ZUOUSD ZUORA INC | 1.7% | +18% | added |
| TRIP TRIPADVISOR INC | 1.6% | −2.9% | reduced |
| FNF FIDELITY NATIONAL FINANCIAL | 1.6% | +2.5% | added |
| VRRM VERRA MOBILITY CORP | 1.5% | 0.0% | held |
| LPROGBP OPEN LENDING CORP | 1.5% | +82% | added |
| LPSN LIVEPERSON INC | 1.4% | +120% | added |
| HYG ISHARES TR | 1.4% | +9.2% | added |
| ASPN ASPEN AEROGELS INC | 1.4% | −33% | reduced |
| CALY CALLAWAY GOLF CO | 1.3% | +11% | added |
| ABBV ABBVIE INC | 1.3% | 0.0% | held |
| OLOGBX OLO INC | 1.3% | – | new |
| NFE NEW FORTRESS ENERGY INC | 1.3% | −29% | reduced |
| AMZN AMAZON COM INC | 1.2% | 0.0% | held |
| VMEO* VIMEO INC | 1.2% | −11% | reduced |
| SRLN SSGA ACTIVE ETF TR | 1.2% | +10% | added |
| WTTR SELECT WATER SOLUTIONS INC | 1.1% | +28% | added |
| IIIV I3 VERTICALS INC | 1.1% | +66% | added |
| LSPD LIGHTSPEED COMMERCE INC | 1.1% | −17% | reduced |
| NPO ENPRO INC | 1.1% | 0.0% | held |
| BC BRUNSWICK CORP | 1.1% | +1.5% | added |
| TAP MOLSON COORS BEVERAGE CO | 1.1% | +3.3% | added |
| EB4 EVENTBRITE INC | 1.1% | −6.6% | reduced |
| ADBE ADOBE INC | 1.0% | 0.0% | held |
| MQ MARQETA INC | 1.0% | 0.0% | held |
| VCLT VANGUARD SCOTTSDALE FDS | 1.0% | +11% | added |
| AMGN AMGEN INC | 0.9% | +1.7% | added |
| EXFY EXPENSIFY INC | 0.9% | +33% | added |
| WAL WESTERN ALLIANCE BANCORP | 0.9% | 0.0% | held |
| ALITEUR ALIGHT INC | 0.9% | +13% | added |
| ARCC ARES CAPITAL CORP | 0.8% | +0.7% | added |
| PFSI PENNYMAC FINL SVCS INC NEW | 0.8% | −11% | reduced |
| PEB PEBBLEBROOK HOTEL TR | 0.8% | 0.0% | held |
| 07S SECUREWORKS CORP | 0.8% | +2.7% | added |
| PG PROCTER & GAMBLE CO | 0.8% | −2.5% | reduced |
| NUVEEN AMT FREE MUN CR INC F no ticker | 0.7% | +43% | added |
| INTEVAC INC no ticker | 0.7% | +22% | added |
| BAC BANK OF AMER CORP | 0.7% | +4.6% | added |
| BMY BRISTOL-MYERS SQUIBB CO | 0.7% | +2.4% | added |
Exited since Q3 2023
| UPLD UPLAND SOFTWARE INC | 1.3% | $2.7m |
| BSQUARE CORP no ticker | 0.9% | $1.9m |
| ONTF ON24 INC | 0.9% | $1.7m |
| LBRT LIBERTY ENERGY INC | 0.5% | $1.1m |
| YEXT YEXT INC | 0.5% | $950k |
| NUVEEN PFD & INCOME SECS FD no ticker | 0.3% | $641k |
| EDGIO INC no ticker | 0.2% | $469k |
| SWN1EUR SOUTHWESTERN ENERGY CO | 0.1% | $273k |
| BNY MELLON STRATEGIC MUNS IN no ticker | 0.08% | $160k |
| CLF CLEVELAND CLIFFS INC | 0.08% | $156k |
| BNY MELLON STRATEGIC MUN BD no ticker | 0.06% | $124k |
Sector mix
Book over time
Concentration and tenure
- 4.6%
- Median largest position, all quarters The largest single position as a share of the reported equity book.
- 27.6%
- Median top 10 weight, all quarters The ten largest positions together, as a share of the reported equity book.
- Diversified
- Style, by median largest position
- 4
- Median completed holding, quarters