NR

North Run Capital, LP

Quality / disciplined sizingLong-term holder

Total reported value

$43.5M

Reporting period: 2022-12-31 · Number of holdings: 25

NORTH RUN CAPITAL, LP disclosed 25 holdings in its latest 13F filing for the period ending 2022-12-31, with total reported value of $43.5M and a quarterly turnover rate of 0.0%.

Personality snowflake

Concentration
28.88
Portfolio Stability
0
Momentum/Contrarian
50
Sector conviction
0
Diversification
50
Sizing Uniformity
90.84

Recent moves

  • New buy SMWB

  • Add VRNS

    +306.7%　$2.1M

  • Trim SILC

    -60.8%　-$2.8M

  • Sold out 15957P105

  • Trim LNSR

    +17.3%　-$1.9M

  • Trim AIRG

    -28.2%　-$1.4M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1AIOTPowerfleet INCStock-Other16.65%+1.84%+13.86%
2SQNSSequans Communications S.A.Stock-Other9.69%+0.80%+3.66%
3LNSRLensar INCStock-Other7.45%-3.09%+17.32%
4VRNSVaronis Systems INCStock-Tech6.71%+5.09%+306.67%
5AIRGAirgain INCStock-Other5.92%-2.15%-28.16%
6MXCTMaxcyte INCStock-Other5.67%-1.68%-18.85%
7SUMO2EURSumo Logic INCStock-Other5.67%+1.32%+6.65%
8SILCSilicom Ltd.Stock-Other5.56%-4.95%-60.77%
9SMWBSimilarweb Ltd.Stock-Other5.54%+5.54%NEW
10PEGAPegasystems INCStock-Tech5.19%+0.92%+0.76%
1135OBSculptor Capital ManagementStock-Other4.46%+0.40%-0.91%
12OLOGBXOlo INC - Class AStock-Other2.72%-0.52%-6.19%
13CSTMConstellium SEStock-Other2.53%+0.62%+0.81%
14SMTISanara Medtech INCStock-Other2.51%+1.06%—
15KLR1USDKaleyra INCStock-Other2.27%-0.29%+0.70%
16SAC-WTSafeguard Acquisition Corp. WTStock-Other1.98%-0.12%+0.16%
17✓ Cyberark Software LTDStock-Other1.88%-0.04%—
18NEWREURNew Relic INCStock-Other1.84%+0.18%—
19STXSStereotaxis INCStock-Other1.53%+0.61%+28.50%
20MXMagnachip Semiconductor CORPStock-Other1.36%+0.05%—
217AR0Charah Solutions INCStock-Other1.15%+1.15%NEW
22BKDBrookdale Senior Living INCStock-Other0.92%-0.35%—
23IVCUSDInvacare CORPStock-Other0.43%-0.27%—
24PFSWUSDPfsweb INCStock-Other0.39%-0.97%-61.98%
25✓ Kaleyra INC - Cw23Stock-Other0.01%——

Holding changes this quarter

North Run Capital, LP's most significant position changes for 2022-12-31: New buy: Similarweb Ltd. (SMWB); Sold out: Charah Solutions INC; Sold out: ; New buy: Charah Solutions INC (7AR0); Add: Varonis Systems INC (VRNS) — shares +306.67%.

Position changes disclosed by North Run Capital, LP for the quarter ending 2022-12-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1SMWBSimilarweb Ltd.+5.5%NEWNew buy
2VRNSVaronis Systems INC+5.1%+306.67%Add
3AIOTPowerfleet INC+1.8%+13.86%Add
4SUMO2EURSumo Logic INC+1.3%+6.65%Add
57AR0Charah Solutions INC+1.2%NEWNew buy
6SMTISanara Medtech INC+1.1%—Unchanged
7PEGAPegasystems INC+0.9%+0.76%Add
8SQNSSequans Communications S.A.+0.8%+3.66%Add
9CSTMConstellium SE+0.6%+0.81%Add
10STXSStereotaxis INC+0.6%+28.50%Add
1135OBSculptor Capital Management+0.4%-0.91%Trim
12NEWREURNew Relic INC+0.2%—Unchanged
13MXMagnachip Semiconductor CORP+0.1%—Unchanged
14✓ Kaleyra INC - Cw23——Unchanged
15✓ Cyberark Software LTD0%—Unchanged
16SAC-WTSafeguard Acquisition Corp. WT-0.1%+0.16%Add
17IVCUSDInvacare CORP-0.3%—Unchanged
18KLR1USDKaleyra INC-0.3%+0.70%Add
19BKDBrookdale Senior Living INC-0.4%—Unchanged
20OLOGBXOlo INC - Class A-0.5%-6.19%Trim
21PFSWUSDPfsweb INC-1%-61.98%Trim
22✓ -1.3%EXITSold out
23MXCTMaxcyte INC-1.7%-18.85%Trim
24AIRGAirgain INC-2.2%-28.16%Trim
25LNSRLensar INC-3.1%+17.32%Add
26✓ Charah Solutions INC-3.9%EXITSold out
27SILCSilicom Ltd.-5%-60.77%Trim

FAQ

What is North Run Capital, LP and what type of investor is it?
North Run Capital, LP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2022-12-31), the firm manages a tracked equity portfolio valued at approximately $43.5M, spread across 25 disclosed positions.
What are North Run Capital, LP's largest equity positions?
Based on the latest 13F filing, North Run Capital, LP's top holdings by market value are: 1. Powerfleet INC (AIOT) — $7.2M (16.6%) 2. Sequans Communications S.A. (SQNS) — $4.2M (9.7%) 3. Lensar INC (LNSR) — $3.2M (7.5%) 4. Varonis Systems INC (VRNS) — $2.9M (6.7%) 5. Airgain INC (AIRG) — $2.6M (5.9%)
What changes did North Run Capital, LP make in its most recent portfolio filing?
In the latest reported quarter, North Run Capital, LP made 20 notable position adjustments: 2 new positions were initiated, 10 existing holdings were added to, 6 positions were partially reduced, and 2 were completely exited. The largest of these moves: New buy: Similarweb Ltd. (SMWB); Sold out: Charah Solutions INC; Sold out: ; New buy: Charah Solutions INC (7AR0); Add: Varonis Systems INC (VRNS) — shares +306.67%
What sectors does North Run Capital, LP focus on?
North Run Capital, LP is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 100.0%