Tensile Capital Management LP Long-Term Concentrated

Location: Larkspur, CA

CIK: 0001598843 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value: $736M (98.5% shares, 1.5% debt)

Holdings (16)

VERX VERTEX INC 16.8%

Value $124M Shares 5,970,258 Share Price $20.69 * Est. Cost/Share $14.45 Unrealized @ Report Date +6.7%

DKS DICKS SPORTING GOODS INC 12.2%

Value $89.65M Shares 631,804 Share Price $141.89 * Est. Cost/Share $36.40 Unrealized @ Report Date +240.3%

CCK CROWN HLDGS INC 11.1%

Value $81.39M Shares 984,050 Share Price $82.71 Est. Cost/Share $58.97 Unrealized @ Report Date +38.8%

ASO ACADEMY SPORTS & OUTDOORS IN 9.8%

Value $72.23M Shares 1,107,039 Share Price $65.25 * Est. Cost/Share $37.66 Unrealized @ Report Date +52.6%

VVV VALVOLINE INC 9.4%

Value $69.25M Shares 1,982,060 Share Price $34.94 Est. Cost/Share $23.48 Unrealized @ Report Date +48.1%

LAD LITHIA MTRS INC 8.4%

Value $61.79M Shares 269,912 Share Price $228.93 * Est. Cost/Share $140.00 Unrealized @ Report Date +73.7%

ALIT ALIGHT INC 7.5%

Value $55.41M Shares 6,016,404 Share Price $9.21 * Est. Cost/Share $9.36 Unrealized @ Report Date -6.3%

— LIBERTY MEDIA CORP DEL 4.5%

Value $33.44M Shares 992,619 Share Price $33.69 Est. Cost/Share $23.55 Unrealized @ Report Date —

— SMARTSHEET INC 4.4%

Value $32.36M Shares 676,900 Share Price $47.80 Est. Cost/Share $39.36 Unrealized @ Report Date —

BL BLACKLINE INC 4.3%

Value $31.98M Shares 476,212 Share Price $67.15 * Est. Cost/Share $62.74 Unrealized @ Report Date +9.9%

DFIN DONNELLEY FINL SOLUTIONS INC 3.4%

Value $24.99M Shares 611,634 Share Price $40.86 * Est. Cost/Share $39.16 Unrealized @ Report Date +8.6%

TTWO TAKE-TWO INTERACTIVE SOFTWAR 2.1%

Value $15.55M Shares 130,323 Share Price $119.30 * Est. Cost/Share $117.94 Unrealized @ Report Date -5.4%

EQIX EQUINIX INC 2.1%

Value $15.24M Shares 21,142 Share Price $721.04 * Est. Cost/Share $321.55 Unrealized @ Report Date +106.0%

WK WORKIVA INC 1.6%

Value $11.78M Shares 115,000 Share Price $102.41 * Est. Cost/Share $90.62 Unrealized @ Report Date 0.0%

— DICKS SPORTING GOODS INC 1.5%

Value $11.11M Shares 2,500,000 Share Price $4.44 Est. Cost/Share $4.44 Unrealized @ Report Date —

— EVERBRIDGE INC 0.9%

Value $6.759M Shares 194,954 Share Price $34.67 Est. Cost/Share $46.64 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
VERX	VERTEX INC	5,970,258	$124M	16.8%	$20.69 *	$14.45	+6.7%	CL A	92538J106
DKS	DICKS SPORTING GOODS INC	631,804	$89.65M	12.2%	$141.89 *	$36.40	+240.3%	COM	253393102
CCK	CROWN HLDGS INC	984,050	$81.39M	11.1%	$82.71	$58.97	+38.8%	COM	228368106
ASO	ACADEMY SPORTS & OUTDOORS IN	1,107,039	$72.23M	9.8%	$65.25 *	$37.66	+52.6%	COM	00402L107
VVV	VALVOLINE INC	1,982,060	$69.25M	9.4%	$34.94	$23.48	+48.1%	COM	92047W101
LAD	LITHIA MTRS INC	269,912	$61.79M	8.4%	$228.93 *	$140.00	+73.7%	COM	536797103
ALIT	ALIGHT INC	6,016,404	$55.41M	7.5%	$9.21 *	$9.36	-6.3%	COM CL A	01626W101
—	LIBERTY MEDIA CORP DEL	992,619	$33.44M	4.5%	$33.69	$23.55	—	COM C BRAVES GRP	531229888
—	SMARTSHEET INC	676,900	$32.36M	4.4%	$47.80	$39.36	—	COM CL A	83200N103
BL	BLACKLINE INC	476,212	$31.98M	4.3%	$67.15 *	$62.74	+9.9%	COM	09239B109
DFIN	DONNELLEY FINL SOLUTIONS INC	611,634	$24.99M	3.4%	$40.86 *	$39.16	+8.6%	COM	25787G100
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	130,323	$15.55M	2.1%	$119.30 *	$117.94	-5.4%	COM	874054109
EQIX	EQUINIX INC	21,142	$15.24M	2.1%	$721.04 *	$321.55	+106.0%	COM	29444U700
WK	WORKIVA INC	115,000	$11.78M	1.6%	$102.41 *	$90.62	0.0%	COM CL A	98139A105
—	DICKS SPORTING GOODS INC	2,500,000	$11.11M	1.5%	$4.44	$4.44	—	NOTE 3.250% 4/1	253393AD4
—	EVERBRIDGE INC	194,954	$6.759M	0.9%	$34.67	$46.64	—	COM	29978A104