Zebra Capital Management LLC's Q4 2020 13F: 4 new positions, 8 exits
Form 13F-HR for the quarter ended Dec 31, 2020 · filed Feb 16, 2021 · 163 reported positions · accession 0000950123-21-002761
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | BIOSPECIFICS TECHNOLOGIES (BSTC) | 0.7% | — | −0.7 pts | −8,881 sh | −100% |
| Exited | COLLECTORS UNIVERSE INC COM ST (CLCT) | 0.4% | — | −0.4 pts | −5,860 sh | −100% |
| New | UNIVERSAL ELECTRONICS INC COM (UEIC) | — | 0.4% | +0.4 pts | +5,271 sh | new |
| New | HIBBETT SPORTING GOODS INC COM (HIBB) | — | 0.3% | +0.3 pts | +5,901 sh | new |
| New | CALIX INC (CALX) | — | 0.3% | +0.3 pts | +8,894 sh | new |
| Exited | UNIVERSAL LOGISTICS HOLDINGS (ULH) | 0.3% | — | −0.3 pts | −10,355 sh | −100% |
| Increased | RUSH ENTERPRISES INCCL A COM S (RUSHA) | 1.1% | 1.1% | 0.0 pts | +5,985 sh | +42% |
| New | SILICON STORAGE TECHNOLOGY INC (SSTI) | — | 0.3% | +0.3 pts | +6,141 sh | new |
| Exited | ALASKA COMMUNICATIONS SYS GRO (ALSK) | 0.3% | — | −0.3 pts | −92,894 sh | −100% |
| Reduced | PRIMORIS SERVICES CORP COM (PRIM) | 1.0% | 1.0% | 0.0 pts | −6,663 sh | −18% |
| Reduced | AEGION CORP (AEGN) | 0.4% | 0.3% | −0.2 pts | −8,071 sh | −42% |
| Reduced | KENNEDY-WILSON HLDGS INC COM (KW) | 1.3% | 1.1% | −0.1 pts | −6,726 sh | −12% |
| Increased | NATERA INC (NTRA) | 1.3% | 1.6% | +0.3 pts | +1,167 sh | +10% |
| Reduced | MOOG INC CL A COM S (MOG-A) | 0.7% | 0.5% | −0.1 pts | −1,460 sh | −22% |
| Increased | VERACYTE INC (VCYT) | 1.1% | 1.6% | +0.4 pts | +2,310 sh | +10% |
| Reduced | OP BANCORP (OPBK) | 0.3% | 0.2% | −0.1 pts | −14,178 sh | −40% |
| Reduced | WD 40 CO COM STK (WDFC) | 1.7% | 1.9% | +0.1 pts | −408 sh | −7% |
| Reduced | ALARM.COM HOLDINGS INC (ALRM) | 0.7% | 0.9% | +0.2 pts | −1,021 sh | −13% |
| Reduced | SIMULATIONS PLUS INC COM STK (SLP) | 1.3% | 0.9% | −0.4 pts | −1,412 sh | −13% |
| Reduced | INNOSPEC INC COM (IOSP) | 1.2% | 1.3% | +0.1 pts | −1,107 sh | −9% |
| Reduced | SHUTTERSTOCK INC (SSTK) | 0.5% | 0.4% | −0.1 pts | −1,315 sh | −21% |
| Exited | RYERSON INC CASH MERGE (RYZ) | 0.1% | — | −0.1 pts | −13,303 sh | −100% |
| Reduced | SYKES ENTERPRISES INC COM STK (SYKE) | 1.8% | 1.5% | −0.3 pts | −2,411 sh | −7% |
| Reduced | CONTAINER STORE GROUP (TCS) | 0.2% | 0.2% | −0.1 pts | −9,069 sh | −38% |
| Reduced | AVID TECHNOLOGY INC COM STK (AVID) | 0.7% | 1.0% | +0.3 pts | −5,295 sh | −10% |
| Reduced | FRANKLIN ELECTRIC CO INC COM S (FELE) | 1.3% | 1.1% | −0.1 pts | −1,195 sh | −9% |
| Reduced | COMMVAULT SYSTEMS INC (CVLT) | 1.1% | 1.1% | 0.0 pts | −1,455 sh | −9% |
| Increased | CASTELLE COM STK (CSTL) | 1.1% | 1.3% | +0.2 pts | +1,194 sh | +8% |
| Reduced | QAD INC (QADA) | 0.7% | 0.7% | +0.1 pts | −1,252 sh | −12% |
| Reduced | CSW INDUSTRIALS INC (CSWI) | 0.6% | 0.6% | 0.0 pts | −669 sh | −13% |
| Reduced | SYSTEMAX INC COM STK (GIC) | 0.9% | 1.0% | +0.1 pts | −2,024 sh | −8% |
| Reduced | INGLES MKTS INC CL A COM S (IMKTA) | 0.8% | 0.6% | −0.1 pts | −1,499 sh | −11% |
| Reduced | MOTOROLA MOBILITY HOLDINGS (MMI) | 0.7% | 0.7% | 0.0 pts | −1,688 sh | −11% |
| Reduced | WEIS MARKETS INC COM STK (WMK) | 1.1% | 0.8% | −0.3 pts | −1,284 sh | −9% |
| Reduced | APPFOLIO INC (APPF) | 0.4% | 0.3% | −0.1 pts | −321 sh | −18% |
| Increased | AVID BIOSERVICES INC (CDMO) | 0.9% | 1.2% | +0.3 pts | +4,880 sh | +6% |
| Reduced | MACATAWA BK CORP COM STK (MCBC) | 1.2% | 1.2% | 0.0 pts | −6,553 sh | −6% |
| Reduced | ORTHOFIX INTERNATIONAL NV COM (OFIX) | 1.5% | 1.7% | +0.1 pts | −1,236 sh | −4% |
| Reduced | ESSA BANCORP (ESSA) | 0.4% | 0.3% | −0.1 pts | −3,311 sh | −17% |
| Increased | BIODELIVERY SCI (BDSI) | 0.8% | 0.8% | 0.0 pts | +11,799 sh | +9% |
| Increased | EVERQUOTE INC (EVER) | 0.5% | 0.5% | 0.0 pts | +1,313 sh | +15% |
| Reduced | INSIGHT ENTERPRISES INC COM ST (NSIT) | 1.4% | 1.4% | +0.1 pts | −625 sh | −4% |
| Reduced | OSI SYSTEMS INC COM STK (OSIS) | 1.2% | 1.1% | −0.1 pts | −502 sh | −5% |
| Increased | CORCEPT THERAPEUTIUSCOM (CORT) | 1.2% | 1.6% | +0.3 pts | +1,756 sh | +4% |
| Exited | RAMACO RESOURCES INC (METC) | 0.1% | — | −0.1 pts | −10,530 sh | −100% |
| Increased | LEGACY HOUSING CORP (LEGH) | 0.4% | 0.4% | 0.0 pts | +2,963 sh | +17% |
| Reduced | MITEK SYSTEMS INC (MITK) | 0.8% | 0.9% | +0.1 pts | −2,448 sh | −6% |
| Exited | DICE HOLDINGS INC (DHX) | 0.1% | — | −0.1 pts | −15,166 sh | −100% |
| Reduced | VILLAGE SUPER MARKET INC COM S (VLGEA) | 0.5% | 0.3% | −0.2 pts | −1,859 sh | −15% |
| Increased | HARROW HEALTH INC (HROW) | 0.4% | 0.5% | +0.1 pts | +5,912 sh | +11% |
The 50 largest of 159 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- RETROPHIN INC (TVTX): 761299106 → 89422G107, 39,800 → 44,012 shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 15.2% of the equity book
Changes in the top 10 this quarter: CORT entered · VCYT entered · TVTX entered · CSTL entered · IOSP entered · DGICA left · FELE left · KW left · SLP left · OSIS left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | WD 40 CO COM STK (WDFC) | 1.7% | 1.9% | |
| 2 | ORTHOFIX INTERNATIONAL NV COM (OFIX) | 1.5% | 1.7% | |
| 3 | NATERA INC (NTRA) | 1.3% | 1.6% | |
| 4 | CORCEPT THERAPEUTIUSCOM (CORT) | 1.2% | 1.6% | Entered the top 10 |
| 5 | VERACYTE INC (VCYT) | 1.1% | 1.6% | Entered the top 10 |
| 6 | RETROPHIN INC (TVTX) | 1.1% | 1.5% | Entered the top 10 |
| 7 | SYKES ENTERPRISES INC COM STK (SYKE) | 1.8% | 1.5% | |
| 8 | INSIGHT ENTERPRISES INC COM ST (NSIT) | 1.4% | 1.4% | |
| 9 | CASTELLE COM STK (CSTL) | 1.1% | 1.3% | Entered the top 10 |
| 10 | INNOSPEC INC COM (IOSP) | 1.2% | 1.3% | Entered the top 10 |
| — | DONEGAL GROUP INC-CL A (DGICA) | 1.4% | 1.2% | Left the top 10 |
| — | FRANKLIN ELECTRIC CO INC COM S (FELE) | 1.3% | 1.1% | Left the top 10 |
| — | KENNEDY-WILSON HLDGS INC COM (KW) | 1.3% | 1.1% | Left the top 10 |
| — | SIMULATIONS PLUS INC COM STK (SLP) | 1.3% | 0.9% | Left the top 10 |
| — | OSI SYSTEMS INC COM STK (OSIS) | 1.2% | 1.1% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).