Funds › Voss Capital, LP › Q4 2020Voss Capital, LP 13F holdings, Q4 2020 Voss Capital, LP disclosed 41 US equity positions worth $198.2m in its Q4 2020 13F filing. Its largest position is PAR at 8.6% of the reported book, followed by EXTR and AVID TECHNOLOGY INC. Versus Q3 2020 it opened 9 new positions, added to 15, reduced 15 and exited 21.
$198m Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
41 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.6% Largest position The largest single position as a share of the reported equity book.
53.8% Top 10 weight The ten largest positions together, as a share of the reported equity book.
24 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 2020: 9 new , 15 added , 15 reduced , 21 exited
41 rows
Stock Sector Weight Value Shares Δ shares Action PAR PAR TECHNOLOGY CORP Technology 8.6% $17.1m 272,500 −26% reduced EXTR EXTREME NETWORKS Technology 7.8% $15.5m 2.25m +38% added AVID TECHNOLOGY INC no ticker – 7.2% $14.3m 899,996 +26% added RMNI RIMINI STR INC DEL – 7.0% $13.9m 3.15m +51% added EHTH EHEALTH INC Financial Services 4.4% $8.8m 124,326 +66% added LEGH LEGACY HOUSING CORP – 4.1% $8.1m 533,583 +7.5% added LPX LOUISIANA PAC CORP Industrials 3.8% $7.6m 205,000 −2.4% reduced KKR KKR & CO INC Financial Services 3.8% $7.5m 185,000 0.0% held BXC BLUELINX HLDGS INC Industrials 3.7% $7.2m 247,414 +85% added ASR GRUPO AEROPORTUARIO DEL SURE Industrials 3.3% $6.6m 40,000 −37% reduced LGIH LGI HOMES INC Consumer Cyclical 3.2% $6.4m 60,000 −37% reduced BX BLACKSTONE INC Financial Services 3.1% $6.2m 95,704 0.0% held CELH CELSIUS HLDGS INC Consumer Defensive 3.0% $6.0m 118,547 −3.2% reduced MITK MITEK SYS INC Technology 2.7% $5.3m 300,000 +12% added AX AXOS FINANCIAL INC Financial Services 2.6% $5.1m 135,000 −21% reduced ALTG ALTA EQUIPMENT GROUP INC Industrials 2.5% $5.0m 510,017 +216% added FNF FIDELITY NATIONAL FINANCIAL Financial Services 2.3% $4.6m 116,862 −43% reduced ASPU ASPEN GROUP INC – 2.1% $4.2m 381,462 +1.8% added PBI PITNEY BOWES INC Industrials 2.1% $4.2m 675,000 −18% reduced INBK FIRST INTERNET BANCORP – 2.0% $4.0m 140,773 +81% added MBIN MERCHANTS BANCORP IND – 1.8% $3.6m 130,140 – new AMERICAN WOODMARK CORPORATIO no ticker – 1.7% $3.3m 35,000 +8.4% added APTOSE BIOSCIENCES INC no ticker – 1.6% $3.1m 715,000 +4.7% added CTT1USD CATCHMARK TIMBER TR INC – 1.6% $3.1m 332,924 −31% reduced CUE CUE BIOPHARMA INC – 1.4% $2.8m 220,714 −2.6% reduced CCS CENTURY CMNTYS INC Real Estate 1.4% $2.7m 62,678 −25% reduced 07WA MR COOPER GROUP INC – 1.4% $2.7m 88,175 – new LEAF LEAF GROUP LTD – 1.3% $2.5m 535,000 +205% added BHF BRIGHTHOUSE FINL INC Financial Services 1.2% $2.4m 65,000 +2.1% added UNIQURE NV no ticker – 1.2% $2.3m 65,000 −36% reduced TLS TELOS CORP MD – 1.0% $2.0m 60,000 – new CURI CURIOSITYSTREAM INC – 0.9% $1.9m 133,697 – new LF CAP ACQUISITION CORP no ticker – 0.9% $1.7m 164,722 – new VRSUSD VERSO CORP – 0.6% $1.2m 96,475 – new MAC MACERICH CO Real Estate 0.6% $1.1m 106,980 – new FAF FIRST AMERN FINL CORP Financial Services 0.5% $1.0m 20,000 −82% reduced SXC SUNCOKE ENERGY INC Basic Materials 0.5% $968k 222,595 +345% added MRLNUSD MARLIN BUSINESS SVCS CORP – 0.4% $758k 61,878 – new GAN LTD no ticker – 0.4% $710k 35,000 – new LTRN LANTERN PHARMA INC – 0.3% $499k 25,906 −26% reduced CONTURA ENERGY INC no ticker – 0.1% $199k 17,500 −68% reduced
Exited since Q3 2020 Sector mix Unclassified 38.8% Technology 19.1% Financial Services 17.9% Industrials 15.5% Consumer Cyclical 3.2% Consumer Defensive 3.0% Real Estate 2.0% Basic Materials 0.5% Book over time Every quarter on file (27) Where Voss Capital, LP was early Concentration and tenure
11.5% Median largest position, all quarters The largest single position as a share of the reported equity book.
64.2% 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
2 Median completed holding, quarters