LC

Lucha Capital Management, LP

High-turnover traderContrarianQuality / disciplined sizing

Total reported value

$327.1M

Reporting period: 2019-09-30 · Number of holdings: 27

Lucha Capital Management, LP disclosed 27 holdings in its latest 13F filing for the period ending 2019-09-30, with total reported value of $327.1M and a quarterly turnover rate of 107.7%.

Personality snowflake

Concentration
16.35
Portfolio Stability
100
Momentum/Contrarian
0
Sector conviction
82.18
Diversification
54
Sizing Uniformity
96.72

Recent moves

  • Trim AKAM

    -72.3%　-$13.9M

  • Add PLANUSD

    +173.2%　$7.1M

  • Add TWLO

    +265.2%　$7.1M

  • Add TEAM

    +190.9%　$6.8M

  • Add TTWO

    +11.2%　$2.5M

  • Trim EA

    -34.4%　-$8.4M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1DBXDropbox Inc-class AStock-Tech6.58%+6.58%NEW
2PEverpure Inc-aStock-Tech6.32%+6.32%NEW
3HQYHealthequity INCStock-Healthcare5.91%+1.24%+18.75%
4RPRealpage INCStock-Other5.10%+1.01%-4.21%
5NXPINXP Semiconductors N.V.Stock-Tech4.85%+4.85%NEW
6EAElectronic Arts INCStock-Comm Services4.43%-1.30%-34.37%
7TTWOTake-two Interactive SoftwreStock-Comm Services4.16%+1.38%+11.23%
8STXSeagate Technology Holdings plcStock-Tech4.11%+4.11%NEW
9GDDYGodaddy INC - Class AStock-Tech4.09%-0.53%-22.93%
10PYPLPaypal Holdings INCStock-Financials4.00%-0.65%-21.98%
11PLANUSDAnaplan INCStock-Other3.60%+2.44%+173.16%
12CIENCiena CORPStock-Tech3.59%-0.64%-26.97%
13EEFTEuronet Worldwide INCStock-Tech3.49%-0.05%-7.00%
14BKNGBooking Holdings INCStock-Consumer Disc3.42%-0.20%-26.08%
15TWLOTwilio INC - AStock-Tech3.29%+2.37%+265.20%
16TEAMAtlassian CorporationStock-Tech3.22%+2.27%+190.92%
17PLTEURPlantronics INCStock-Other3.21%+3.21%NEW
18ITGartner INCStock-Tech3.20%+3.20%NEW
19SPGIS&p Global INCStock-Financials3.11%+0.06%-22.13%
20MTCHEURMatch Group INCStock-Other3.09%+1.12%+20.93%
21FICOFair Isaac CORPStock-Tech2.98%+0.04%-13.99%
22XLNXEURXilinx INCStock-Other2.93%+2.93%NEW
23FISFidelity National Info ServStock-Tech2.81%+2.81%NEW
24WWayfair Inc- Class AStock-Consumer Disc2.61%+2.61%NEW
25MDBMongodb INCStock-Tech2.14%+2.14%NEW
26AKAMAkamai Technologies INCStock-Tech1.95%-3.12%-72.32%
27CRWDCrowdstrike Holdings INC - AStock-Tech1.79%+1.79%NEW

Holding changes this quarter

Lucha Capital Management, LP's most significant position changes for 2019-09-30: New buy: Dropbox Inc-class A (DBX); New buy: Everpure Inc-a (P); Sold out: Proto Labs INC (PRLB); Sold out: Micron Technology INC (MU); Sold out: Cisco Systems INC (CSCO).

Position changes disclosed by Lucha Capital Management, LP for the quarter ending 2019-09-30, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1PLANUSDAnaplan INC+2.4%+173.16%Add
2TWLOTwilio INC - A+2.4%+265.20%Add
3TEAMAtlassian Corporation+2.3%+190.92%Add
4TTWOTake-two Interactive Softwre+1.4%+11.23%Add
5HQYHealthequity INC+1.2%+18.75%Add
6MTCHEURMatch Group INC+1.1%+20.93%Add
7RPRealpage INC+1%-4.21%Trim
8SPGIS&p Global INC+0.1%-22.13%Trim
9FICOFair Isaac CORP0%-13.99%Trim
10EEFTEuronet Worldwide INC-0.1%-7.00%Trim
11BKNGBooking Holdings INC-0.2%-26.08%Trim
12GDDYGodaddy INC - Class A-0.5%-22.93%Trim
13CIENCiena CORP-0.6%-26.97%Trim
14PYPLPaypal Holdings INC-0.7%-21.98%Trim
15EAElectronic Arts INC-1.3%-34.37%Trim
16AKAMAkamai Technologies INC-3.1%-72.32%Trim
17DBXDropbox Inc-class A—NEWNew buy
18PEverpure Inc-a—NEWNew buy
19PRLBProto Labs INC—EXITSold out
20MUMicron Technology INC—EXITSold out
21CSCOCisco Systems INC—EXITSold out
22NXPINXP Semiconductors N.V.—NEWNew buy
23ZEN1EURZendesk INC—EXITSold out
24WPWorldpay Inc-class A—EXITSold out
25✓ —EXITSold out
26✓ —EXITSold out
27GWREGuidewire Software INC—EXITSold out
28STXSeagate Technology Holdings plc—NEWNew buy
29AAPLApple INC—EXITSold out
30WIXWix.com Ltd.—EXITSold out
31PLTEURPlantronics INC—NEWNew buy
32ITGartner INC—NEWNew buy
33XLNXEURXilinx INC—NEWNew buy
34FISFidelity National Info Serv—NEWNew buy
35I8RIrobot CORP—EXITSold out
36WWayfair Inc- Class A—NEWNew buy
37HUBSHubspot INC—EXITSold out
38VCRAUSDVocera Communications INC—EXITSold out
39MDBMongodb INC—NEWNew buy
40CRWDCrowdstrike Holdings INC - A—NEWNew buy
41SMARGBPSmartsheet Inc-class A—EXITSold out
42WDAYWorkday Inc-class A—EXITSold out
43✓ Carbon Black INC—EXITSold out

FAQ

What is Lucha Capital Management, LP and what type of investor is it?
Lucha Capital Management, 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 (2019-09-30), the firm manages a tracked equity portfolio valued at approximately $327.1M, spread across 27 disclosed positions.
What are Lucha Capital Management, LP's largest equity positions?
Based on the latest 13F filing, Lucha Capital Management, LP's top holdings by market value are: 1. Dropbox Inc-class A (DBX) — $21.5M (6.6%) 2. Everpure Inc-a (P) — $20.7M (6.3%) 3. Healthequity INC (HQY) — $19.3M (5.9%) 4. Realpage INC (RP) — $16.7M (5.1%) 5. NXP Semiconductors N.V. (NXPI) — $15.9M (4.8%)
What changes did Lucha Capital Management, LP make in its most recent portfolio filing?
In the latest reported quarter, Lucha Capital Management, LP made 43 notable position adjustments: 11 new positions were initiated, 6 existing holdings were added to, 10 positions were partially reduced, and 16 were completely exited. The largest of these moves: New buy: Dropbox Inc-class A (DBX); New buy: Everpure Inc-a (P); Sold out: Proto Labs INC (PRLB); Sold out: Micron Technology INC (MU); Sold out: Cisco Systems INC (CSCO)
What sectors does Lucha Capital Management, LP focus on?
Lucha Capital Management, LP is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 32.7% • Financials: 32.5% • Communication Services: 19.1% • Consumer Discretionary: 15.7%