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

Holdings (17)

VERX VERTEX INC 20.9%

Value $201M Shares 3,769,550 Est. Cost $14.45 Unrealized +235.5%

DKS DICKS SPORTING GOODS 10.1%

Value $97.68M Shares 426,844 Est. Cost $46.55 Unrealized +338.5%

QTWO Q2 HOLDINGS INC 9.1%

Value $87.34M Shares 867,767 Est. Cost $31.39 Unrealized +202.6%

LAD LITHIA MTRS INC 8.7%

Value $84.18M Shares 235,527 Est. Cost $168.11 Unrealized +109.5%

VVV VALVOLINE INC 6.9%

Value $66.58M Shares 1,840,179 Est. Cost $25.79 Unrealized +55.1%

USFD US FOODS HLDG CORP 5.9%

Value $57.09M Shares 846,314 Est. Cost $41.09 Unrealized +59.7%

CCK CROWN HOLDINGS INC COM STK 5.3%

Value $50.86M Shares 615,074 Est. Cost $61.22 Unrealized +46.9%

NCNO NCINO INC 5.0%

Value $47.98M Shares 1,428,734 Est. Cost $30.67 Unrealized +21.4%

ALIT ALIGHT INC. 4.7%

Value $45.49M Shares 6,573,322 Est. Cost $8.97 Unrealized -21.7%

BL BLACKLINE INC 4.7%

Value $45.02M Shares 740,997 Est. Cost $57.88 Unrealized +3.0%

BATRK ATLANTA BRAVES HOLDINGS INC 3.9%

Value $37.45M Shares 978,907 Est. Cost $37.85 Unrealized +5.3%

— SMARTSHEET INC 3.8%

Value $36.97M Shares 659,816 Est. Cost $39.60 Unrealized —

ASO ACADEMY SPORTS & OUTDOORS 3.2%

Value $30.32M Shares 527,039 Est. Cost $39.73 Unrealized +31.1%

WK WORKIVA INC 2.7%

Value $26.1M Shares 238,321 Est. Cost $80.87 Unrealized +14.0%

EQIX EQUINIX INC 2.5%

Value $24.41M Shares 25,892 Est. Cost $481.70 Unrealized +86.3%

— PRO HOLDINGS INC 2.3%

Value $22.08M Shares 1,005,613 Est. Cost $21.33 Unrealized —

RUSHA RUSH ENTERPRISES INC 0.2%

Value $1.882M Shares 34,354 Est. Cost $49.60 Unrealized +15.1%

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