WhaleCreep

Voss Capital, LP 13F holdings, Q1 2023

Hedge fundSEC filingsCompare with another fundHoldings as of 2023-03-31, filed 2023-05-12

Voss Capital, LP disclosed 42 US equity positions worth $777.6m in its Q1 2023 13F filing. Its largest position is EXTR at 14.3% of the reported book, followed by GFF and BXC. Versus Q4 2022 it opened 10 new positions, added to 22, reduced 7 and exited 13.

$778m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
42
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
14.3%
Largest position
The largest single position as a share of the reported equity book.
67.9%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
15
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 Q4 2022: 10 new, 22 added, 7 reduced, 13 exited

42 rows
EXTR EXTREME NETWORKSTechnology14.3%$111m5.80m+67%added
GFF GRIFFON CORPIndustrials13.3%$104m3.23m+12%added
BXC BLUELINX HLDGS INCIndustrials7.9%$61.2m900,491+50%added
EEFT EURONET WORLDWIDE INCTechnology5.0%$38.6m345,000+64%added
PLAYA HOTELS & RESORTS NV no ticker–5.0%$38.5m4.01m–new
IMXI INTERNATIONAL MONEY EXPRESSTechnology4.6%$36.0m1.40m+9.4%added
ABG ASBURY AUTOMOTIVE GROUP INCConsumer Cyclical4.6%$35.9m171,000+42%added
CROX CROCS INCConsumer Cyclical4.5%$35.1m277,500+28%added
ALTG ALTA EQUIPMENT GROUP INCIndustrials4.4%$34.5m2.18m+61%added
SKY CHAMPION HOMES INCConsumer Cyclical4.3%$33.7m447,500+9.2%added
WSM WILLIAMS SONOMA INCConsumer Cyclical3.9%$30.1m247,500+18%added
SSNC SS&C TECHNOLOGIES HLDGS INCTechnology3.8%$29.8m526,954+843%added
ACIW ACI WORLDWIDE INCTechnology3.8%$29.3m1.09m–new
ASO ACADEMY SPORTS & OUTDOORS INConsumer Cyclical2.7%$21.2m325,182+1263%added
KKR KKR & CO INCFinancial Services2.1%$16.5m315,000+14%added
LEGH LEGACY HOUSING CORP–2.0%$15.7m688,131+129%added
OLN OLIN CORPBasic Materials1.8%$13.6m245,516+70%added
RCM1USD R1 RCM INC–1.6%$12.2m814,403+374%added
IIIV I3 VERTICALS INCTechnology1.4%$10.6m432,191–new
PFSWUSD PFSWEB INC–1.2%$9.7m2.28m+57%added
RMNI RIMINI STR INC DEL–1.2%$9.5m2.32m+19%added
HZO MARINEMAX INC–1.0%$7.6m262,695–new
MERIDIANLINK INC no ticker–0.9%$7.1m409,477–new
CR CRANE COMPANYIndustrials0.7%$5.7m50,000–new
ATVIEUR ACTIVISION BLIZZARD INC–0.7%$5.1m60,000+71%added
SWIM LATHAM GROUP INCIndustrials0.6%$4.8m1.68m+88%added
EQT EQT CORPORATIONEnergy0.6%$4.8m150,000−31%reduced
TCN1EUR TRICON RESIDENTIAL INC–0.6%$4.7m606,403−3.6%reduced
BTU PEABODY ENERGY CORPEnergy0.5%$4.2m165,000+15%added
ASR GRUPO AEROPORTUARIO DEL SUREIndustrials0.2%$1.7m5,548–new
MDU MDU RES GROUP INCUtilities0.2%$1.5m50,000–new
OZK BANK OZK LITTLE ROCK ARKFinancial Services0.1%$855k25,000–new
DLAPQ DELTA APPAREL INC–0.09%$689k62,643−31%reduced
CUE CUE BIOPHARMA INC–0.06%$446k125,0000.0%held
INAB IN8BIO INC–0.06%$439k338,0190.0%held
BX BLACKSTONE INCFinancial Services0.06%$439k5,000−97%reduced
APTOSE BIOSCIENCES INC no ticker–0.05%$352k550,0000.0%held
CGTX COGNITION THERAPEUTICS INC–0.04%$317k159,973−4.2%reduced
TIPT TIPTREE INCFinancial Services0.03%$270k18,515−26%reduced
ALLY ALLY FINL INCFinancial Services0.03%$255k10,000−92%reduced
TWI TITAN INTL INC ILLIndustrials0.02%$181k17,238–new
POLISHED COM INC no ticker–0.0%$9.5k95,937+445%added

Exited since Q4 2022

13 rows
RADIGUSD RADIUS GLOBAL INFRASTRCTRE I4.1%$21.2m
IWM ISHARES TR1.7%$8.5m
SWCHF SIERRA WIRELESS INC1.4%$7.0m
COF CAPITAL ONE FINL CORP1.0%$5.2m
MBC MASTERBRAND INC0.6%$3.0m
SPY SPDR S&P 500 ETF Trust0.5%$2.8m
HAYW HAYWARD HLDGS INC0.5%$2.8m
PAR PAR TECHNOLOGY CORP0.3%$1.4m
CXT CRANE NXT CO0.2%$1.2m
TWLO TWILIO INC0.2%$1.0m
AVYAUSD AVAYA HLDGS CORP0.06%$315k
APLD APPLIED DIGITAL CORP0.03%$166k
POLISHED COM INC no ticker0.01%$55.9k

Sector mix

  • Technology32.8%
  • Industrials27.2%
  • Consumer Cyclical20.1%
  • Unclassified14.4%
  • Financial Services2.4%
  • Basic Materials1.8%
  • Energy1.2%
  • Utilities0.2%

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