North Run Capital, LP
- SEC CIK
- 0001212897
- Latest filing
- Feb 14, 2023
The latest 13F from North Run Capital, LP covers Q4 2022 (filed Feb 14, 2023): 25 long positions worth $43.5M. The top 10 holdings make up 74.0% of the portfolio, and the largest is Powerfleet, Inc. (AIOT) at 16.6%. Livermore has 9 filings on Form 13F from this institution, going back to Q1 2021.
What changed in Q4 2022
Share counts compared with Q3 2022: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.
- New
- 1
- Est. +$2.41M
- Added
- 10
- Est. +$4.05M
- Reduced
- 7
- Est. −$5.77M
- Sold out
- 1
- Est. −$623.0K
Top 5 holdings
Share of this quarter's portfolio value
Biggest buys
New and added positions, by estimated amount bought
Largest weight increases
New and added positions, by percentage points of the portfolio gained
Biggest sells
Reduced and sold-out positions, by estimated amount sold
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
Metrics
13F metrics for Q4 2022, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $43.5M
- −$5.69M (−11.6%) vs. prior quarter
- Positions
- 25
- 0 vs. prior quarter
- Top 10 concentration
- 74.0%
- Top 10 as share of value
- Turnover
- 13.8%
- Q4 2022, one quarter
- Average holding period
- 6.3 quarters
- Weighted by value
How these are calculated
- Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
- Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
- Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
- Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.
13F filings by quarter
8 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $146.7M (Q2 2021)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q4 2022 | Feb 14, 2023 | 25 | $43.5M | AIOTSQNSLNSR | vs. Q3 2022 | SEC |
| Q3 2022 | Nov 14, 2022 | 25 | $49.2M | AIOTLNSRSILC | vs. Q2 2022 | SEC |
| Q2 2022 | Aug 15, 2022 | 23 | $48.7M | LNSRAIOTSILC | vs. Q1 2022 | SEC |
| Q1 2022 | May 16, 2022 | 21 | $68.0M | CHRAAIOTLNSR | vs. Q4 2021 | SEC |
| Q4 2021 | Feb 14, 2022 | 20 | $130.1M | NEWRKLRSILC | vs. Q3 2021 | SEC |
| Q3 2021 | Nov 15, 2021 | 21 | $138.7M | AIOTKLRSILC | vs. Q2 2021 | SEC |
| Q2 2021 | Aug 17, 2021Amended | 19 | $146.7M | KLRAIOTCyberark Software Ltd | vs. Q1 2021 | SECSEC |
| Q1 2021 | May 17, 2021 | 19 | $135.7M | MXAIOTKLR | – | SEC |
13D and 13G filings
Companies where North Run Capital, LP reports owning 5% or more on Schedule 13D or 13G, and its latest filings.
Current stakes of 5% or more
3 companies, largest stake first.
| Company | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| LNSRLENSAR, Inc. | 13D/A | 55.90%13.5M shares | – | Feb 14, 20224 filings | Mar 25, 2025 | SEC |
| SCNDScientific Industries Inc | 13G/A | 9.99%1.19M shares | 0.00 ppfrom 9.99% | Feb 14, 20245 filings | Nov 13, 2025 | SEC |
| TELATELA Bio, Inc. | 13G/A | 9.30%3.68M shares | +4.30 ppfrom 5.00% | May 30, 20252 filings | May 30, 2025 | SEC |
Latest filings
23 filings on file made by North Run Capital, LP or listing it as a reporting person; the latest 20 are shown.
| Company | Filed (ET) | Form | Stake | Change | Event date | Filing |
|---|---|---|---|---|---|---|
| SCNDScientific Industries Inc | Nov 13, 20259:25 AM ET | 13G/A | 9.99%1.19M shares | 0.00 ppfrom 9.99% | Sep 30, 2025 | SEC |
| SCNDScientific Industries Inc | Aug 13, 20258:37 AM ET | 13G/A | 9.99%1.19M shares | 0.00 ppfrom 9.99% | Jun 30, 2025 | SEC |
| TELATELA Bio, Inc. | May 30, 20254:03 PM ET | 13G/A | 9.30%3.68M shares | +4.30 ppfrom 5.00% | Mar 31, 2025 | SEC |
| TELATELA Bio, Inc. | May 30, 20254:00 PM ET | 13G | 5.00%1.98M shares | New | Jan 24, 2025 | SEC |
| LNSRLENSAR, Inc. | Mar 25, 20259:52 PM ET | 13D/A | 55.90%13.5M shares | – | Mar 23, 2025 | SEC |
| SCNDScientific Industries Inc | Feb 13, 20259:37 PM ET | 13G/A | 9.99%1.09M shares | – | Dec 31, 2024 | SEC |
| AIOTPowerfleet, Inc. | Nov 4, 2024 | 13G/AOld format | – | – | – | SEC |
| SCNDScientific Industries Inc | Mar 21, 2024 | 13G/AOld format | – | – | – | SEC |
| AIOTPowerfleet, Inc. | Feb 14, 2024 | 13G/AOld format | – | – | – | SEC |
| SCNDScientific Industries Inc | Feb 14, 2024 | 13GOld format | – | New | – | SEC |
| LNSRLENSAR, Inc. | May 19, 2023 | 13DOld format | – | – | – | SEC |
| SFESSafeguard Scientifics Inc | Feb 13, 2023 | 13G/AOld format | – | – | – | SEC |
| AIRGAirgain Inc | Feb 13, 2023 | 13G/AOld format | – | – | – | SEC |
| AIOTPowerfleet, Inc. | Feb 13, 2023 | 13G/AOld format | – | – | – | SEC |
| CHRACharah Solutions, Inc. | Feb 13, 2023 | 13G/AOld format | – | – | – | SEC |
| LNSRLENSAR, Inc. | Feb 13, 2023 | 13G/AOld format | – | – | – | SEC |
| CHRACharah Solutions, Inc. | Feb 14, 2022 | 13G/AOld format | – | – | – | SEC |
| LNSRLENSAR, Inc. | Feb 14, 2022 | 13GOld format | – | New | – | SEC |
| AIRGAirgain Inc | Feb 14, 2022 | 13GOld format | – | New | – | SEC |
| SFESSafeguard Scientifics Inc | Feb 14, 2022 | 13GOld format | – | New | – | SEC |