Tensile Capital Management LP Long-Term Concentrated

Location: Larkspur, CA

CIK: 0001598843 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 15, 2020

Total Value: $508M (100.0% shares, 0.0% debt)

Holdings (22)

— AVALARA INC 20.3%

Value $103M Shares 1,382,789 Est. Cost $47.20 Unrealized —

EQIX EQUINIX INC 8.9%

Value $45.31M Shares 72,542 Est. Cost $309.67 Unrealized +73.1%

CCK CROWN HOLDINGS INC COM STK 8.9%

Value $45.15M Shares 777,904 Est. Cost $42.92 Unrealized +54.1%

TTWO TAKE-TWO INTERACTIVE SOFTWARE 8.8%

Value $44.49M Shares 375,098 Est. Cost $105.57 Unrealized +12.0%

VVV VALVOLINE INC 8.1%

Value $41.16M Shares 3,144,158 Est. Cost $22.61 Unrealized -15.3%

— CORNERSTONE ONDEMAND INC 6.5%

Value $32.74M Shares 1,031,270 Est. Cost $38.76 Unrealized —

— LIBERTY BRAVES GROUP -C 5.2%

Value $26.63M Shares 1,397,217 Est. Cost $21.84 Unrealized —

LAD LITHIA MOTOR CORP 4.9%

Value $24.93M Shares 304,750 Est. Cost $104.24 Unrealized +15.7%

DKS DICKS SPORTING GOODS 4.8%

Value $24.23M Shares 1,139,579 Est. Cost $30.45 Unrealized +4.6%

AAP ADVANCE AUTO PARTS INC 4.0%

Value $20.37M Shares 218,285 Est. Cost $94.26 Unrealized +21.2%

ORLY O REILLY AUTOMOTIVE INC 2.8%

Value $14.36M Shares 47,684 Est. Cost $25.56 Unrealized 0.0%

— TALENDA SA 2.8%

Value $14.31M Shares 637,976 Est. Cost $31.73 Unrealized —

EXPD EXPEDITORS INTL WASH INC 2.7%

Value $13.78M Shares 206,487 Est. Cost $43.44 Unrealized +53.1%

— PLURALSIGHT INC 2.3%

Value $11.84M Shares 1,078,107 Est. Cost $10.98 Unrealized —

— CDK GLOBAL HOLDINGS 2.1%

Value $10.63M Shares 323,697 Est. Cost $50.26 Unrealized —

PTC PTC INC 1.8%

Value $9.192M Shares 150,168 Est. Cost $37.91 Unrealized +95.3%

— ALTERYX INC 1.4%

Value $7.327M Shares 76,993 Est. Cost $33.59 Unrealized —

— TEXAS PACIFIC LAND TRUST 1.0%

Value $5.023M Shares 13,219 Est. Cost $379.98 Unrealized —

MATX MATSON INC 0.9%

Value $4.593M Shares 150,000 Est. Cost $32.29 Unrealized 0.0%

RIG TRANSOCEAN LTD 0.8%

Value $3.936M Shares 3,392,940 Est. Cost $9.05 Unrealized -56.9%

— ENTERCOM COMMUNICATIONS 0.7%

Value $3.519M Shares 2,058,060 Est. Cost $5.71 Unrealized —

— VERTEX ENERGY INC 0.2%

Value $900K Shares 1,500,000 Est. Cost $1.14 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	AVALARA INC	1,382,789	$103M	20.3%	$47.20	—	COM	05338G106
EQIX	EQUINIX INC	72,542	$45.31M	8.9%	$309.67	+73.1%	COM	29444U700
CCK	CROWN HOLDINGS INC COM STK	777,904	$45.15M	8.9%	$42.92	+54.1%	COM	228368106
TTWO	TAKE-TWO INTERACTIVE SOFTWARE	375,098	$44.49M	8.8%	$105.57	+12.0%	COM	874054109
VVV	VALVOLINE INC	3,144,158	$41.16M	8.1%	$22.61	-15.3%	COM	92047W101
—	CORNERSTONE ONDEMAND INC	1,031,270	$32.74M	6.5%	$38.76	—	COM	21925Y103
—	LIBERTY BRAVES GROUP -C	1,397,217	$26.63M	5.2%	$21.84	—	COM C BRAVES GRP	531229888
LAD	LITHIA MOTOR CORP	304,750	$24.93M	4.9%	$104.24	+15.7%	CL A	536797103
DKS	DICKS SPORTING GOODS	1,139,579	$24.23M	4.8%	$30.45	+4.6%	COM	253393102
AAP	ADVANCE AUTO PARTS INC	218,285	$20.37M	4.0%	$94.26	+21.2%	COM	00751Y106
ORLY	O REILLY AUTOMOTIVE INC	47,684	$14.36M	2.8%	$25.56	0.0%	COM	67103H107
—	TALENDA SA	637,976	$14.31M	2.8%	$31.73	—	ADS	874224207
EXPD	EXPEDITORS INTL WASH INC	206,487	$13.78M	2.7%	$43.44	+53.1%	COM	302130109
—	PLURALSIGHT INC	1,078,107	$11.84M	2.3%	$10.98	—	COM CL A	72941B106
—	CDK GLOBAL HOLDINGS	323,697	$10.63M	2.1%	$50.26	—	COM	12508E101
PTC	PTC INC	150,168	$9.192M	1.8%	$37.91	+95.3%	COM	69370C100
—	ALTERYX INC	76,993	$7.327M	1.4%	$33.59	—	COM CL A	02156B103
—	TEXAS PACIFIC LAND TRUST	13,219	$5.023M	1.0%	$379.98	—	SUB CTF PROP I T	882610108
MATX	MATSON INC	150,000	$4.593M	0.9%	$32.29	0.0%	COM	57686G105
RIG	TRANSOCEAN LTD	3,392,940	$3.936M	0.8%	$9.05	-56.9%	REG SHS	H8817H100
—	ENTERCOM COMMUNICATIONS	2,058,060	$3.519M	0.7%	$5.71	—	CL A	293639100
—	VERTEX ENERGY INC	1,500,000	$900K	0.2%	$1.14	—	COM	92534K107