WhaleCreep

Voss Capital, LP 13F holdings, Q3 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-09-30, filed 2021-11-18

Voss Capital, LP disclosed 33 US equity positions worth $243.5m in its Q3 2021 13F filing. Its largest position is RMNI at 11.4% of the reported book, followed by GFF and SWCHF. Versus Q2 2021 it opened 8 new positions, added to 7, reduced 17 and exited 15.

$244m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
33
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
11.4%
Largest position
The largest single position as a share of the reported equity book.
65.1%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
18
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 2021: 8 new, 7 added, 17 reduced, 15 exited

33 rows
RMNI RIMINI STR INC DEL–11.4%$27.7m2.87m−7.4%reduced
GFF GRIFFON CORPIndustrials9.6%$23.4m950,000–new
SWCHF SIERRA WIRELESS INC–7.8%$19.0m1.23m+423%added
EXTR EXTREME NETWORKSTechnology7.7%$18.9m1.92m+15%added
IMXI INTERNATIONAL MONEY EXPRESSTechnology6.9%$16.8m1.00m+31%added
BXC BLUELINX HLDGS INCIndustrials5.5%$13.4m275,114−12%reduced
AOUT AMERICAN OUTDOOR BRANDS INC–4.7%$11.5m470,000−7.8%reduced
LEGH LEGACY HOUSING CORP–4.0%$9.8m546,531−0.8%reduced
NCSUSD CORNERSTONE BLDG BRANDS INC–3.9%$9.5m650,000−9.7%reduced
LPX LOUISIANA PAC CORPIndustrials3.5%$8.6m139,375−25%reduced
ALTG ALTA EQUIPMENT GROUP INCIndustrials3.4%$8.3m605,000+10%added
KKR KKR & CO INCFinancial Services3.3%$7.9m130,200+0.2%held
LSEA LANDSEA HOMES CORP–3.1%$7.5m861,514+8.2%added
BX BLACKSTONE INCFinancial Services3.0%$7.4m63,500+5.8%added
ASO ACADEMY SPORTS & OUTDOORS INConsumer Cyclical2.7%$6.6m165,000−34%reduced
AVID TECHNOLOGY INC no ticker–2.4%$5.8m200,000−37%reduced
PFSWUSD PFSWEB INC–2.1%$5.1m395,404–new
CCS CENTURY CMNTYS INCReal Estate2.0%$4.9m80,000−1.4%reduced
GREENIDGE GENERATION HLDGS I no ticker–2.0%$4.9m190,138–new
EQT EQT CORPORATIONEnergy1.9%$4.6m225,000−31%reduced
RILY B. RILEY FINANCIAL INCFinancial Services1.6%$3.8m65,000+27%added
MITK MITEK SYS INCTechnology1.4%$3.5m190,000−37%reduced
07WA MR COOPER GROUP INC–1.2%$2.9m70,000−59%reduced
MBIN MERCHANTS BANCORP IND–1.1%$2.8m70,000−61%reduced
LGIH LGI HOMES INCConsumer Cyclical1.0%$2.5m17,500−30%reduced
PAR PAR TECHNOLOGY CORPTechnology0.8%$1.8m30,000−66%reduced
SMTSF SIERRA METALS INC–0.7%$1.7m925,000–new
TIPT TIPTREE INCFinancial Services0.3%$824k82,273–new
POLISHED COM INC no ticker–0.3%$645k205,443−77%reduced
INAB IN8BIO INC–0.2%$555k80,727–new
BLDR BUILDERS FIRSTSOURCE INCIndustrials0.2%$517k10,000–new
1847 GOEDEKER INC no ticker–0.1%$336k200,000–new
APTOSE BIOSCIENCES INC no ticker–0.06%$147k67,600−84%reduced

Exited since Q2 2021

15 rows
IMMR IMMERSION CORP1.6%$3.9m
MGIEUR MONEYGRAM INTL INC1.5%$3.5m
CTT1USD CATCHMARK TIMBER TR INC0.6%$1.5m
CUE CUE BIOPHARMA INC0.6%$1.5m
EXE EXPAND ENERGY CORPORATION0.5%$1.3m
UNIQURE NV no ticker0.5%$1.2m
INBK FIRST INTERNET BANCORP0.5%$1.2m
LIVEXLIVE MEDIA INC no ticker0.5%$1.2m
SNCREUR SYNCHRONOSS TECHNOLOGIES INC0.5%$1.2m
INSE INSPIRED ENTMT INC0.3%$830k
HOME AT HOME GROUP INC0.3%$737k
B RILEY PRINCIPAL 150 MERGER no ticker0.2%$507k
JOAN JOANN INC0.2%$487k
ONIT ONITY GROUP INC0.1%$268k
LANDSEA HOMES CORP no ticker0.01%$19.0k

Sector mix

  • Unclassified45.1%
  • Industrials22.3%
  • Technology16.8%
  • Financial Services8.2%
  • Consumer Cyclical3.7%
  • Real Estate2.0%
  • Energy1.9%

Book over time

Every quarter on file (27)
QuarterPositionsEquity book
Q2 202635$2.0bn
Q1 202639$1.7bn
Q4 202548$1.9bn
Q3 202555$1.8bn
Q2 202554$1.5bn
Q1 202556$1.3bn
Q4 202445$1.3bn
Q3 202439$1.2bn
Q2 202438$1.0bn
Q1 202433$1.2bn
Q4 202340$1.0bn
Q3 202341$795m
Q2 202347$828m
Q1 202342$778m
Q4 202245$512m
Q3 202244$350m
Q2 202238$308m
Q1 202239$318m
Q4 202137$324m
Q3 202133$244m
Q2 202140$240m
Q1 202142$240m
Q4 202041$198m
Q3 202053$175m
Q2 202041$150m
Q1 202037$72.1m
Q4 201943$168m

Where Voss Capital, LP was early

20 rows
GRWG GROWGENERATION CORPQ1 20202 of 642.3%2.3%3Exited by Q4 2020+319%
COLD AMERICOLD RLTY TRQ1 202012 of 1252.5%3.4%3Exited by Q4 2020+5.0%
LGIH LGI HOMES INCQ2 20206 of 994.9%6.4%13Held at last filing, Q2 2026−28%
ALTG ALTA EQUIPMENT GROUP INCQ3 20204 of 670.7%5.0%24Held at last filing, Q2 2026−17%
BXC BLUELINX HLDGS INCQ3 20207 of 801.6%10.1%21Exited by Q4 2025+239%
LPX LOUISIANA PAC CORPQ3 20209 of 1443.5%4.6%7Exited by Q2 2022+111%
MBIN MERCHANTS BANCORP INDQ4 20203 of 581.8%4.5%6Exited by Q2 2022+49%
07WA MR COOPER GROUP INCQ4 20209 of 1511.4%5.3%6Exited by Q2 2022+47%
ASO ACADEMY SPORTS & OUTDOORS INQ1 20212 of 1291.1%4.4%17Exited by Q2 2025+69%
LSEA LANDSEA HOMES CORPQ1 20212 of 452.6%3.1%14Exited by Q2 2025+34%
ONIT OCWEN FINL CORPQ1 20212 of 341.9%1.9%2Exited by Q3 2021+9.0%
RILY B. RILEY FINANCIAL INCQ1 20219 of 841.3%1.6%4Exited by Q1 2022+58%
IMXI INTERNATIONAL MNY EXPRESS INQ2 20215 of 1014.7%7.3%18Exited by Q4 2025−5.9%
GFF GRIFFON CORPQ3 20212 of 1139.6%21.3%20Held at last filing, Q2 2026+296%
ARHS ARHAUS INCQ1 20221 of 821.3%1.3%5Exited by Q1 2024+39%
HAYW HAYWARD HLDGS INCQ1 20224 of 1071.5%1.5%4Exited by Q1 2023−43%
KNF KNIFE RIVER CORPQ2 20235 of 891.8%2.7%4Exited by Q1 2026+62%
CLBT CELLEBRITE DI LTDQ2 20238 of 850.3%8.3%13Held at last filing, Q2 2026+103%
CRH CRH PLCQ3 20234 of 18613.8%13.8%10Exited by Q1 2026+128%
AMTM AMENTUM HOLDINGS INCQ4 202410 of 1040.7%3.1%4Exited by Q4 2025+14%

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