Q2 2025 · 13F-HR
Tensile Capital Management LPholdings as filed
Filed 2025-08-14 · accession 0001214659-25-012260
$828,480
Reported value
21
Positions
2025-06-30
Period end
The Brief · Tensile Capital Management LP · Q2 2025
AI · grounded in 13F
Tensile Capital Management LP established a new position in Vertex Inc VERX valued at $128,755. The fund also initiated new stakes in Valvoline Inc VVV for $77,262 and Dick's Sporting Goods DKS for $75,730. Additional new positions include Lithia Mtrs Inc LAD and Q2 Holdings Inc QTWO.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 92538J106 | VERX | VERTEX INC | $128,755 | 15.5% | 3,643,850 | Common | SOLE |
| 92047W101 | VVV | VALVOLINE INC | $77,262 | 9.33% | 2,040,179 | Common | SOLE |
| 253393102 | DKS | DICKS SPORTING GOODS | $75,730 | 9.14% | 382,844 | Common | SOLE |
| 536797103 | LAD | LITHIA MTRS INC | $75,512 | 9.11% | 223,527 | Common | SOLE |
| 74736L109 | QTWO | Q2 HOLDINGS INC | $72,978 | 8.81% | 779,767 | Common | SOLE |
| 912008109 | USFD | US FOODS HLDG CORP | $61,534 | 7.43% | 799,042 | Common | SOLE |
| 228368106 | CCK | CROWN HOLDINGS INC COM STK | $56,168 | 6.78% | 545,430 | Common | SOLE |
| 09239B109 | BL | BLACKLINE INC | $45,946 | 5.55% | 811,485 | Common | SOLE |
| 63947X101 | NCNO | NCINO INC | $37,779 | 4.56% | 1,350,704 | Common | SOLE |
| 047726302 | BATRK | ATLANTA BRAVES HOLDINGS INC | $35,260 | 4.26% | 753,907 | Common | SOLE |
| 01626W101 | ALIT | ALIGHT INC. | $35,152 | 4.24% | 6,210,676 | Common | SOLE |
| 185123106 | CWAN | CLEARWATER ANALYTICS HLDGS I | $29,781 | 3.59% | 1,357,990 | Common | SOLE |
| 29444U700 | EQIX | EQUINIX INC | $22,187 | 2.68% | 27,892 | Common | SOLE |
| G9460G101 | VAL | VALARIS LTD | $18,739 | 2.26% | 445,000 | Common | SOLE |
| 98139A105 | WK | WORKIVA INC | $12,988 | 1.57% | 189,742 | Common | SOLE |
| 00402L107 | ASO | ACADEMY SPORTS & OUTDOORS | $12,765 | 1.54% | 284,875 | Common | SOLE |
| 74346Y103 | PRO | PRO HOLDINGS INC | $12,530 | 1.51% | 800,136 | Common | SOLE |
| 42330P107 | HLX | HELIX ENERGY SOLUTIONS GRP I | $6,808 | 0.82% | 1,090,959 | Common | SOLE |
| 640491106 | NEOG | NEOGEN CORP | $4,853 | 0.59% | 1,015,295 | Common | SOLE |
| G65431127 | NE | NOBLE CORP PLC | $3,983 | 0.48% | 150,000 | Common | SOLE |
| 781846209 | RUSHA | RUSH ENTERPRISES INC | $1,770 | 0.21% | 34,354 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.