Tensile Capital Management LP Long-Term Concentrated

Location: Larkspur, CA

CIK: 0001598843 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value: $784M (100.0% shares, 0.0% debt)

Holdings (18)

VERX VERTEX INC 16.3%

Value $128M Shares 3,660,474 Share Price $35.01 * Est. Cost/Share $14.45 Unrealized @ Report Date +216.1%

DKS DICKS SPORTING GOODS 9.7%

Value $76.36M Shares 378,844 Share Price $201.56 * Est. Cost/Share $46.55 Unrealized @ Report Date +368.7%

LAD LITHIA MTRS INC 8.8%

Value $69.14M Shares 235,527 Share Price $293.54 * Est. Cost/Share $168.11 Unrealized @ Report Date +102.6%

QTWO Q2 HOLDINGS INC 8.8%

Value $68.95M Shares 861,767 Share Price $80.01 * Est. Cost/Share $31.39 Unrealized @ Report Date +181.0%

VVV VALVOLINE INC 8.7%

Value $68.41M Shares 1,965,179 Share Price $34.81 * Est. Cost/Share $26.47 Unrealized @ Report Date +37.9%

CCK CROWN HOLDINGS INC COM STK 6.9%

Value $54.04M Shares 605,430 Share Price $89.26 * Est. Cost/Share $61.22 Unrealized @ Report Date +41.1%

USFD US FOODS HLDG CORP 6.9%

Value $53.94M Shares 824,042 Share Price $65.46 * Est. Cost/Share $41.09 Unrealized @ Report Date +66.3%

NCNO NCINO INC 5.7%

Value $44.74M Shares 1,628,734 Share Price $27.47 * Est. Cost/Share $30.79 Unrealized @ Report Date +2.7%

BL BLACKLINE INC 5.4%

Value $42.2M Shares 871,485 Share Price $48.42 * Est. Cost/Share $57.41 Unrealized @ Report Date -4.6%

ALIT ALIGHT INC. 4.9%

Value $38.8M Shares 6,542,676 Share Price $5.93 * Est. Cost/Share $8.97 Unrealized @ Report Date -29.5%

BATRK ATLANTA BRAVES HOLDINGS INC 4.5%

Value $35.37M Shares 883,907 Share Price $40.01 * Est. Cost/Share $37.85 Unrealized @ Report Date +3.1%

VAL VALARIS LTD 3.3%

Value $25.91M Shares 660,000 Share Price $39.26 * Est. Cost/Share $42.87 Unrealized @ Report Date 0.0%

EQIX EQUINIX INC 2.7%

Value $21.11M Shares 25,892 Share Price $815.35 * Est. Cost/Share $481.70 Unrealized @ Report Date +82.8%

— PRO HOLDINGS INC 2.5%

Value $19.27M Shares 1,012,362 Share Price $19.03 Est. Cost/Share $21.33 Unrealized @ Report Date —

WK WORKIVA INC 2.1%

Value $16.34M Shares 215,269 Share Price $75.91 * Est. Cost/Share $80.87 Unrealized @ Report Date +16.8%

ASO ACADEMY SPORTS & OUTDOORS 1.6%

Value $12.86M Shares 282,039 Share Price $45.61 * Est. Cost/Share $39.73 Unrealized @ Report Date +27.9%

HLX HELIX ENERGY SOLUTIONS GRP I 0.8%

Value $6.425M Shares 773,162 Share Price $8.31 Est. Cost/Share $8.42 Unrealized @ Report Date 0.0%

RUSHA RUSH ENTERPRISES INC 0.2%

Value $1.835M Shares 34,354 Share Price $53.41 * Est. Cost/Share $49.60 Unrealized @ Report Date +15.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
VERX	VERTEX INC	3,660,474	$128M	16.3%	$35.01 *	$14.45	+216.1%	CL A	92538J106
DKS	DICKS SPORTING GOODS	378,844	$76.36M	9.7%	$201.56 *	$46.55	+368.7%	COM	253393102
LAD	LITHIA MTRS INC	235,527	$69.14M	8.8%	$293.54 *	$168.11	+102.6%	COM	536797103
QTWO	Q2 HOLDINGS INC	861,767	$68.95M	8.8%	$80.01 *	$31.39	+181.0%	COM	74736L109
VVV	VALVOLINE INC	1,965,179	$68.41M	8.7%	$34.81 *	$26.47	+37.9%	COM	92047W101
CCK	CROWN HOLDINGS INC COM STK	605,430	$54.04M	6.9%	$89.26 *	$61.22	+41.1%	COM	228368106
USFD	US FOODS HLDG CORP	824,042	$53.94M	6.9%	$65.46 *	$41.09	+66.3%	COM	912008109
NCNO	NCINO INC	1,628,734	$44.74M	5.7%	$27.47 *	$30.79	+2.7%	COM	63947X101
BL	BLACKLINE INC	871,485	$42.2M	5.4%	$48.42 *	$57.41	-4.6%	COM	09239B109
ALIT	ALIGHT INC.	6,542,676	$38.8M	4.9%	$5.93 *	$8.97	-29.5%	COM CL A	01626W101
BATRK	ATLANTA BRAVES HOLDINGS INC	883,907	$35.37M	4.5%	$40.01 *	$37.85	+3.1%	COM C	047726302
VAL	VALARIS LTD	660,000	$25.91M	3.3%	$39.26 *	$42.87	0.0%	CL A	G9460G101
EQIX	EQUINIX INC	25,892	$21.11M	2.7%	$815.35 *	$481.70	+82.8%	COM	29444U700
—	PRO HOLDINGS INC	1,012,362	$19.27M	2.5%	$19.03	$21.33	—	COM	74346Y103
WK	WORKIVA INC	215,269	$16.34M	2.1%	$75.91 *	$80.87	+16.8%	COM	98139A105
ASO	ACADEMY SPORTS & OUTDOORS	282,039	$12.86M	1.6%	$45.61 *	$39.73	+27.9%	COM	00402L107
HLX	HELIX ENERGY SOLUTIONS GRP I	773,162	$6.425M	0.8%	$8.31	$8.42	0.0%	COM	42330P107
RUSHA	RUSH ENTERPRISES INC	34,354	$1.835M	0.2%	$53.41 *	$49.60	+15.6%	CL A	781846209