Tensile Capital Management LP Long-Term Concentrated

Location: Larkspur, CA

CIK: 0001598843 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 14, 2025

Total Value: $963M (100.0% shares, 0.0% debt)

Holdings (17)

VERX VERTEX INC 20.9%

Value $201M Shares 3,769,550 Share Price $53.35 * Est. Cost/Share $14.45 Unrealized @ Report Date +235.5%

DKS DICKS SPORTING GOODS 10.1%

Value $97.68M Shares 426,844 Share Price $228.84 * Est. Cost/Share $46.55 Unrealized @ Report Date +338.5%

QTWO Q2 HOLDINGS INC 9.1%

Value $87.34M Shares 867,767 Share Price $100.65 * Est. Cost/Share $31.39 Unrealized @ Report Date +202.6%

LAD LITHIA MTRS INC 8.7%

Value $84.18M Shares 235,527 Share Price $357.43 Est. Cost/Share $168.11 Unrealized @ Report Date +109.5%

VVV VALVOLINE INC 6.9%

Value $66.58M Shares 1,840,179 Share Price $36.18 * Est. Cost/Share $25.79 Unrealized @ Report Date +55.1%

USFD US FOODS HLDG CORP 5.9%

Value $57.09M Shares 846,314 Share Price $67.46 * Est. Cost/Share $41.09 Unrealized @ Report Date +59.7%

CCK CROWN HOLDINGS INC COM STK 5.3%

Value $50.86M Shares 615,074 Share Price $82.69 * Est. Cost/Share $61.22 Unrealized @ Report Date +46.9%

NCNO NCINO INC 5.0%

Value $47.98M Shares 1,428,734 Share Price $33.58 * Est. Cost/Share $30.67 Unrealized @ Report Date +21.4%

ALIT ALIGHT INC. 4.7%

Value $45.49M Shares 6,573,322 Share Price $6.92 Est. Cost/Share $8.97 Unrealized @ Report Date -21.7%

BL BLACKLINE INC 4.7%

Value $45.02M Shares 740,997 Share Price $60.76 Est. Cost/Share $57.88 Unrealized @ Report Date +3.0%

BATRK ATLANTA BRAVES HOLDINGS INC 3.9%

Value $37.45M Shares 978,907 Share Price $38.26 * Est. Cost/Share $37.85 Unrealized @ Report Date +5.3%

— SMARTSHEET INC 3.8%

Value $36.97M Shares 659,816 Share Price $56.03 Est. Cost/Share $39.60 Unrealized @ Report Date —

ASO ACADEMY SPORTS & OUTDOORS 3.2%

Value $30.32M Shares 527,039 Share Price $57.53 * Est. Cost/Share $39.73 Unrealized @ Report Date +31.1%

WK WORKIVA INC 2.7%

Value $26.1M Shares 238,321 Share Price $109.50 * Est. Cost/Share $80.87 Unrealized @ Report Date +14.0%

EQIX EQUINIX INC 2.5%

Value $24.41M Shares 25,892 Share Price $942.88 * Est. Cost/Share $481.70 Unrealized @ Report Date +86.3%

— PRO HOLDINGS INC 2.3%

Value $22.08M Shares 1,005,613 Share Price $21.96 Est. Cost/Share $21.33 Unrealized @ Report Date —

RUSHA RUSH ENTERPRISES INC 0.2%

Value $1.882M Shares 34,354 Share Price $54.78 * Est. Cost/Share $49.60 Unrealized @ Report Date +15.1%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
VERX	VERTEX INC	3,769,550	$201M	20.9%	$53.35 *	$14.45	+235.5%	CL A	92538J106
DKS	DICKS SPORTING GOODS	426,844	$97.68M	10.1%	$228.84 *	$46.55	+338.5%	COM	253393102
QTWO	Q2 HOLDINGS INC	867,767	$87.34M	9.1%	$100.65 *	$31.39	+202.6%	COM	74736L109
LAD	LITHIA MTRS INC	235,527	$84.18M	8.7%	$357.43	$168.11	+109.5%	COM	536797103
VVV	VALVOLINE INC	1,840,179	$66.58M	6.9%	$36.18 *	$25.79	+55.1%	COM	92047W101
USFD	US FOODS HLDG CORP	846,314	$57.09M	5.9%	$67.46 *	$41.09	+59.7%	COM	912008109
CCK	CROWN HOLDINGS INC COM STK	615,074	$50.86M	5.3%	$82.69 *	$61.22	+46.9%	COM	228368106
NCNO	NCINO INC	1,428,734	$47.98M	5.0%	$33.58 *	$30.67	+21.4%	COM	63947X101
ALIT	ALIGHT INC.	6,573,322	$45.49M	4.7%	$6.92	$8.97	-21.7%	COM CL A	01626W101
BL	BLACKLINE INC	740,997	$45.02M	4.7%	$60.76	$57.88	+3.0%	COM	09239B109
BATRK	ATLANTA BRAVES HOLDINGS INC	978,907	$37.45M	3.9%	$38.26 *	$37.85	+5.3%	COM C	047726302
—	SMARTSHEET INC	659,816	$36.97M	3.8%	$56.03	$39.60	—	COM	83200N103
ASO	ACADEMY SPORTS & OUTDOORS	527,039	$30.32M	3.2%	$57.53 *	$39.73	+31.1%	COM	00402L107
WK	WORKIVA INC	238,321	$26.1M	2.7%	$109.50 *	$80.87	+14.0%	COM	98139A105
EQIX	EQUINIX INC	25,892	$24.41M	2.5%	$942.88 *	$481.70	+86.3%	COM	29444U700
—	PRO HOLDINGS INC	1,005,613	$22.08M	2.3%	$21.96	$21.33	—	COM	74346Y103
RUSHA	RUSH ENTERPRISES INC	34,354	$1.882M	0.2%	$54.78 *	$49.60	+15.1%	CL A	781846209