Tensile Capital Management LP
Tensile Capital Management LP is a hedge fund investment adviser headquartered in Larkspur, California. Founded in 2012, the firm manages assets primarily for institutional investors and high net worth individuals, providing fundamental long/short equity strategies. With approximately 11 employees, the firm is known for its focused, research-driven approach.
Investment Strategy
Tensile Capital Management LP utilizes a fundamental, value-oriented long/short equity strategy with a focus on U.S. and select global equities. The firm employs intensive research to identify mispriced companies offering both upside potential and downside protection. Portfolio construction emphasizes concentration on high-conviction investments, risk management, and capital preservation.
Top Holdings
Equity Positions (21)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VERX | VERTEX INC | 15.54% | $128.8M | 3,643,850 | $14.85 | $35.34 | +$602.0K |
V VVV | VALVOLINE INC | 9.33% | $77.3M | 2,040,179 | $26.47 | $37.87 | +$8.9M |
D DKS | DICKS SPORTING GOODS | 9.14% | $75.7M | 382,844 | $55.14 | $197.81 | -$630.0K |
L LAD | LITHIA MTRS INC | 9.11% | $75.5M | 223,527 | $158.98 | $337.82 | +$6.4M |
Q QTWO | Q2 HOLDINGS INC | 8.81% | $73.0M | 779,767 | $33.04 | $93.59 | +$4.0M |
Industry Allocation
Investment Team (1)
| Name | Role | Location | |
|---|---|---|---|
T Ted Crockin | Principal | San Francisco, CA , United States |