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

Holdings (18)

VERX VERTEX INC 16.3%

Value $128M Shares 3,660,474 Est. Cost $14.45 Unrealized +216.1%

DKS DICKS SPORTING GOODS 9.7%

Value $76.36M Shares 378,844 Est. Cost $46.55 Unrealized +368.7%

LAD LITHIA MTRS INC 8.8%

Value $69.14M Shares 235,527 Est. Cost $168.11 Unrealized +102.6%

QTWO Q2 HOLDINGS INC 8.8%

Value $68.95M Shares 861,767 Est. Cost $31.39 Unrealized +181.0%

VVV VALVOLINE INC 8.7%

Value $68.41M Shares 1,965,179 Est. Cost $26.47 Unrealized +37.9%

CCK CROWN HOLDINGS INC COM STK 6.9%

Value $54.04M Shares 605,430 Est. Cost $61.22 Unrealized +41.1%

USFD US FOODS HLDG CORP 6.9%

Value $53.94M Shares 824,042 Est. Cost $41.09 Unrealized +66.3%

NCNO NCINO INC 5.7%

Value $44.74M Shares 1,628,734 Est. Cost $30.79 Unrealized +2.7%

BL BLACKLINE INC 5.4%

Value $42.2M Shares 871,485 Est. Cost $57.41 Unrealized -4.6%

ALIT ALIGHT INC. 4.9%

Value $38.8M Shares 6,542,676 Est. Cost $8.97 Unrealized -29.5%

BATRK ATLANTA BRAVES HOLDINGS INC 4.5%

Value $35.37M Shares 883,907 Est. Cost $37.85 Unrealized +3.1%

VAL VALARIS LTD 3.3%

Value $25.91M Shares 660,000 Est. Cost $42.87 Unrealized 0.0%

EQIX EQUINIX INC 2.7%

Value $21.11M Shares 25,892 Est. Cost $481.70 Unrealized +82.8%

— PRO HOLDINGS INC 2.5%

Value $19.27M Shares 1,012,362 Est. Cost $21.33 Unrealized —

WK WORKIVA INC 2.1%

Value $16.34M Shares 215,269 Est. Cost $80.87 Unrealized +16.8%

ASO ACADEMY SPORTS & OUTDOORS 1.6%

Value $12.86M Shares 282,039 Est. Cost $39.73 Unrealized +27.9%

HLX HELIX ENERGY SOLUTIONS GRP I 0.8%

Value $6.425M Shares 773,162 Est. Cost $8.42 Unrealized 0.0%

RUSHA RUSH ENTERPRISES INC 0.2%

Value $1.835M Shares 34,354 Est. Cost $49.60 Unrealized +15.6%

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