Tensile Capital Management LP Long-Term Concentrated

Location: Larkspur, CA

CIK: 0001598843 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value: $855M (100.0% shares, 0.0% debt)

Holdings (18)

VERX VERTEX INC 16.1%

Value $138M Shares 5,114,805 Share Price $26.94 * Est. Cost/Share $14.45 Unrealized @ Report Date +77.4%

VVV VALVOLINE INC 9.5%

Value $81.63M Shares 2,172,060 Share Price $37.58 * Est. Cost/Share $25.52 Unrealized @ Report Date +31.2%

DKS DICKS SPORTING GOODS INC 9.2%

Value $78.39M Shares 533,420 Share Price $146.95 * Est. Cost/Share $46.55 Unrealized @ Report Date +148.6%

LAD LITHIA MTRS INC 8.0%

Value $68.81M Shares 208,975 Share Price $329.28 * Est. Cost/Share $140.00 Unrealized @ Report Date +96.0%

CCK CROWN HLDGS INC 7.2%

Value $61.53M Shares 668,174 Share Price $92.09 * Est. Cost/Share $58.97 Unrealized @ Report Date +40.4%

ASO ACADEMY SPORTS & OUTDOORS IN 7.1%

Value $60.99M Shares 924,039 Share Price $66.00 * Est. Cost/Share $39.73 Unrealized @ Report Date +25.2%

ALIT ALIGHT INC 6.4%

Value $54.79M Shares 6,422,638 Share Price $8.53 * Est. Cost/Share $9.18 Unrealized @ Report Date -23.1%

— SMARTSHEET INC 6.3%

Value $53.77M Shares 1,124,516 Share Price $47.82 Est. Cost/Share $39.68 Unrealized @ Report Date —

USFD US FOODS HLDG CORP 5.6%

Value $47.97M Shares 1,056,314 Share Price $45.41 * Est. Cost/Share $41.09 Unrealized @ Report Date +0.6%

QTWO Q2 HLDGS INC 5.0%

Value $42.98M Shares 990,017 Share Price $43.41 * Est. Cost/Share $31.39 Unrealized @ Report Date +13.2%

BATRK ATLANTA BRAVES HLDGS INC 4.5%

Value $38.5M Shares 972,619 Share Price $39.58 * Est. Cost/Share $37.85 Unrealized @ Report Date -3.6%

NCNO NCINO INC 3.5%

Value $30.26M Shares 899,698 Share Price $33.63 * Est. Cost/Share $29.15 Unrealized @ Report Date +2.1%

EQIX EQUINIX INC 3.0%

Value $25.69M Shares 31,892 Share Price $805.39 * Est. Cost/Share $481.70 Unrealized @ Report Date +52.3%

DFIN DONNELLEY FINL SOLUTIONS INC 2.6%

Value $21.9M Shares 351,209 Share Price $62.37 * Est. Cost/Share $39.16 Unrealized @ Report Date +45.6%

BL BLACKLINE INC 2.4%

Value $20.9M Shares 334,729 Share Price $62.44 * Est. Cost/Share $61.11 Unrealized @ Report Date -7.5%

— EVERBRIDGE INC 1.7%

Value $14.92M Shares 613,813 Share Price $24.31 Est. Cost/Share $30.91 Unrealized @ Report Date —

CNH CNH INDL N V 1.3%

Value $11.38M Shares 934,432 Share Price $12.18 * Est. Cost/Share $10.52 Unrealized @ Report Date 0.0%

— PROS HOLDINGS INC 0.3%

Value $2.98M Shares 76,834 Share Price $38.79 Est. Cost/Share $38.79 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
VERX	VERTEX INC	5,114,805	$138M	16.1%	$26.94 *	$14.45	+77.4%	CL A	92538J106
VVV	VALVOLINE INC	2,172,060	$81.63M	9.5%	$37.58 *	$25.52	+31.2%	COM	92047W101
DKS	DICKS SPORTING GOODS INC	533,420	$78.39M	9.2%	$146.95 *	$46.55	+148.6%	COM	253393102
LAD	LITHIA MTRS INC	208,975	$68.81M	8.0%	$329.28 *	$140.00	+96.0%	COM	536797103
CCK	CROWN HLDGS INC	668,174	$61.53M	7.2%	$92.09 *	$58.97	+40.4%	COM	228368106
ASO	ACADEMY SPORTS & OUTDOORS IN	924,039	$60.99M	7.1%	$66.00 *	$39.73	+25.2%	COM	00402L107
ALIT	ALIGHT INC	6,422,638	$54.79M	6.4%	$8.53 *	$9.18	-23.1%	COM CL A	01626W101
—	SMARTSHEET INC	1,124,516	$53.77M	6.3%	$47.82	$39.68	—	COM CL A	83200N103
USFD	US FOODS HLDG CORP	1,056,314	$47.97M	5.6%	$45.41 *	$41.09	+0.6%	COM	912008109
QTWO	Q2 HLDGS INC	990,017	$42.98M	5.0%	$43.41 *	$31.39	+13.2%	COM	74736L109
BATRK	ATLANTA BRAVES HLDGS INC	972,619	$38.5M	4.5%	$39.58 *	$37.85	-3.6%	COM SER C	047726302
NCNO	NCINO INC	899,698	$30.26M	3.5%	$33.63 *	$29.15	+2.1%	COM	63947X101
EQIX	EQUINIX INC	31,892	$25.69M	3.0%	$805.39 *	$481.70	+52.3%	COM	29444U700
DFIN	DONNELLEY FINL SOLUTIONS INC	351,209	$21.9M	2.6%	$62.37 *	$39.16	+45.6%	COM	25787G100
BL	BLACKLINE INC	334,729	$20.9M	2.4%	$62.44 *	$61.11	-7.5%	COM	09239B109
—	EVERBRIDGE INC	613,813	$14.92M	1.7%	$24.31	$30.91	—	COM	29978A104
CNH	CNH INDL N V	934,432	$11.38M	1.3%	$12.18 *	$10.52	0.0%	SHS	N20944109
—	PROS HOLDINGS INC	76,834	$2.98M	0.3%	$38.79	$38.79	—	COM	74346Y103