Zebra Capital Management LLC

Stamford, CT · CIK 1316915 · 13F filing filed 2023-05-15

Exempt reporting adviser since 2024 · limited liability company

Websitezebracapital.com
Form ADV · 2026-03-27SEC adviser record

Legal entityZEBRA CAPITAL MANAGEMENT, L.L.C. (US)

Others nearbyStamford, CT

$20.0m reported value -30.0% vs Q4 2022

65positions

30.9%in top 10

25 new 14 added 26 reduced 27 sold out vs Q4 2022

Holdings, Q1 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	CVR ENERGY INC COM CVI	CVI	21,227	$696.0k3.48%	3.48%	New
2	PC CONNECTION INC COM CNXN	CNXN	14,625	$658.0k3.29%	3.29%	Added +932	+932 6.8%
3	AMKOR TECHNOLOGY INC COM AMKR	AMKR	24,453	$636.0k3.18%	3.18%	Reduced -16.2k	-16,240 -39.9%
4	VIR BIOTECHNOLOGY INC COM VIR	VIR	27,110	$631.0k3.15%	3.15%	Reduced -10.3k	-10,339 -27.6%
5	UFP INDUSTRIES INC COM UFPI	UFPI	7,900	$628.0k3.14%	3.14%	Reduced -1.1k	-1,105 -12.3%
6	PATTERSON COS INC COM PDCO	PDCO	23,387	$626.0k3.13%	3.13%	Reduced -5.8k	-5,771 -19.8%
7	THE ODP CORP COM ODP	ODP	13,172	$592.0k2.96%	2.96%	Reduced -6.5k	-6,484 -33.0%
8	RUSH ENTERPRISES INC CL A RUSHA	RUSHA	10,618	$580.0k2.90%	2.90%	Added +1.7k	+1,742 19.6%
9	PATRICK INDS INC COM PATK	PATK	8,280	$570.0k2.85%	2.85%	New
10	ENACT HLDGS INC COM ACT	ACT	24,668	$564.0k2.82%	2.82%	Added +26	+26 0.1%
11	OTTER TAIL CORP COM OTTR	OTTR	7,746	$560.0k2.80%	2.80%	Reduced -3.0k	-2,978 -27.8%
12	DIODES INC COM DIOD	DIOD	5,695	$528.0k2.64%	2.64%	Reduced -313	-313 -5.2%
13	ALKERMES PLC SHS ALKS	ALKS	18,178	$512.0k2.56%	2.56%	Reduced -2.5k	-2,490 -12.1%
14	INNOVAGE HLDG CORP COM INNV	INNV	63,904	$510.0k2.55%	2.55%	Reduced -14.7k	-14,720 -18.7%
15	ADVANCED ENERGY INDS COM AEIS	AEIS	5,049	$495.0k2.47%	2.47%	New
16	NEWMARK GROUP INC CL A NMRK	NMRK	66,582	$471.0k2.35%	2.35%	New
17	GMS INC COM COM		7,683	$445.0k2.22%	2.22%	New
18	KELLY SVCS INC CL A KELYA	KELYA	24,960	$414.0k2.07%	2.07%	Added +4.4k	+4,439 21.6%
19	HUB GROUP INC CL A HUBG	HUBG	4,875	$409.0k2.04%	2.04%	Added +295	+295 6.4%
20	RYERSON HLDG CORP COM RYZ	RYZ	10,293	$374.0k1.87%	1.87%	New
21	CHORD ENERGY CORPORATION COM NEW CHRD	CHRD	2,736	$368.0k1.84%	1.84%	Added +173	+173 6.8%
22	CIVITAS RESOURCES INC COM NEW CIVI	CIVI	5,270	$360.0k1.80%	1.80%	Reduced -1.1k	-1,147 -17.9%
23	CORVEL CORP COM CRVL	CRVL	1,733	$330.0k1.65%	1.65%	Reduced -484	-484 -21.8%
24	COCA COLA CONS INC COM COKE	COKE	600	$321.0k1.60%	1.60%	Reduced -551	-551 -47.9%
25	NATIONAL WESTN LIFE GROUP IN CL A NWLI	NWLI	1,318	$320.0k1.60%	1.60%	Reduced -655	-655 -33.2%
26	PTC THERAPEUTICS INC COM PTCT	PTCT	6,600	$320.0k1.60%	1.60%	New
27	INGLES MKTS INC CL A IMKTA	IMKTA	3,321	$295.0k1.47%	1.47%	New
28	CSG SYS INTL INC COM COM		5,461	$293.0k1.46%	1.46%	New
29	SCANSOURCE INC COM SCSC	SCSC	9,611	$293.0k1.46%	1.46%	Reduced -12.7k	-12,718 -57.0%
30	CRESCENT ENERGY COMPANY CL A COM CRGY	CRGY	25,752	$291.0k1.45%	1.45%	New
31	MGE ENERGY INC COM MGEE	MGEE	3,626	$282.0k1.41%	1.41%	Reduced -771	-771 -17.5%
32	POTLATCHDELTIC CORPORATION COM PCH	PCH	5,658	$280.0k1.40%	1.40%	Reduced -3.2k	-3,163 -35.9%
33	CAVCO INDS INC DEL COM CVCO	CVCO	878	$279.0k1.39%	1.39%	New
34	MARCUS & MILLICHAP INC COM MMI	MMI	8,499	$273.0k1.36%	1.36%	Reduced -4.0k	-4,024 -32.1%
35	ATLANTICUS HOLDINGS CORP COM ATLC	ATLC	9,831	$267.0k1.33%	1.33%	Reduced -530	-530 -5.1%
36	ACUSHNET HLDGS CORP COM GOLF	GOLF	5,068	$258.0k1.29%	1.29%	New
37	HALOZYME THERAPEUTICS INC COM HALO	HALO	6,695	$256.0k1.28%	1.28%	Added +653	+653 10.8%
38	MERCHANTS BANCORP IND COM MBIN	MBIN	9,789	$255.0k1.27%	1.27%	Reduced -4.6k	-4,594 -31.9%
39	SCRIPPS E W CO OHIO CL A NEW SSP	SSP	26,596	$250.0k1.25%	1.25%	Added +13.5k	+13,542 103.7%
40	WEIS MKTS INC COM WMK	WMK	2,878	$244.0k1.22%	1.22%	Reduced -2.0k	-2,038 -41.5%
41	ONEWATER MARINE INC CL A COM ONEW	ONEW	7,987	$223.0k1.11%	1.11%	New
42	ALARM COM HLDGS INC COM ALRM	ALRM	4,363	$219.0k1.09%	1.09%	New
43	ACADIA PHARMACEUTICALS INC COM ACAD	ACAD	11,599	$218.0k1.09%	1.09%	Reduced -3.0k	-3,019 -20.6%
44	COMMVAULT SYS INC COM CVLT	CVLT	3,647	$207.0k1.03%	1.03%	Added +322	+322 9.7%
45	ORTHOFIX MED INC COM OFIX	OFIX	11,923	$200.0k1.00%	1.00%	New
46	RIBBON COMMUNICATIONS INC COM RBBN	RBBN	57,277	$196.0k0.98%	0.98%	New
47	PACTIV EVERGREEN INC COM PTVE	PTVE	23,551	$188.0k0.94%	0.94%	New
48	DELUXE CORP COM DLX	DLX	11,052	$177.0k0.88%	0.88%	New
49	DASEKE INC COM DSKE	DSKE	19,652	$152.0k0.76%	0.76%	New
50	RPC INC COM RES	RES	19,776	$152.0k0.76%	0.76%	Reduced -3.5k	-3,459 -14.9%
51	AMICUS THERAPEUTICS INC COM FOLD	FOLD	12,352	$137.0k0.68%	0.68%	New
52	HORIZON BANCORP INC COM HBNC	HBNC	11,456	$127.0k0.63%	0.63%	New
53	KRONOS WORLDWIDE INC COM KRO	KRO	13,000	$120.0k0.60%	0.60%	Reduced -9	-9 -0.1%
54	RADIANT LOGISTICS INC COM RLGT	RLGT	17,567	$115.0k0.57%	0.57%	Added +5.5k	+5,455 45.0%
55	ACCEL ENTERTAINMENT INC COM CL A1 ACEL	ACEL	11,645	$106.0k0.53%	0.53%	Added +1.4k	+1,442 14.1%
56	INTERFACE INC COM TILE	TILE	12,770	$104.0k0.52%	0.52%	New
57	RIMINI STR INC DEL COM RMNI	RMNI	24,580	$101.0k0.50%	0.50%	Added +7.0k	+7,029 40.0%
58	BERRY CORP COM COM		10,891	$85.0k0.42%	0.42%	New
59	LIFETIME BRANDS INC COM LCUT	LCUT	13,959	$82.0k0.41%	0.41%	Added +2.7k	+2,675 23.7%
60	INFORMATION SVCS GROUP INC COM III	III	14,269	$73.0k0.36%	0.36%	Added +738	+738 5.5%
61	DULUTH HLDGS INC COM CL B DLTH	DLTH	10,161	$65.0k0.32%	0.32%	New
62	CUMULUS MEDIA INC COM CL A COM CL A		16,742	$62.0k0.31%	0.31%	New
63	DESTINATION XL GROUP INC COM DXLG	DXLG	10,801	$60.0k0.30%	0.30%	Reduced -2.5k	-2,512 -18.9%
64	HOME PT CAPITAL INCORPORATED COM HMPT	HMPT	28,476	$55.0k0.27%	0.27%	Reduced -6.7k	-6,696 -19.0%
65	OUTBRAIN INC COM TEAD	TEAD	13,099	$54.0k0.27%	0.27%	Reduced -12.4k	-12,414 -48.7%

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
VANGUARD INDEX FDS VB	VB	12,130	$2.2m12.1k shares
VANGUARD INDEX FDS VTI	VTI	11,620	$2.2m11.6k shares
WEATHERFORD INTL PLC WFRD	WFRD	18,434	$939.0k18.4k shares
CUSHMAN WAKEFIELD PLC 9199067D	9199067D	51,861	$646.0k51.9k shares
GREIF INC GEF.B	GEF.B	7,336	$574.0k7.3k shares
TRAVELCENTERS OF AMERICA INC TA	TA	11,778	$527.0k11.8k shares
BEACON ROOFING SUPPLY INC BECN	BECN	9,701	$512.0k9.7k shares
RUSH ENTERPRISES INC RUSHB	RUSHB	7,266	$409.0k7.3k shares
EPLUS INC PLUS	PLUS	8,978	$398.0k9.0k shares
MATADOR RES CO MTDR	MTDR	6,706	$384.0k6.7k shares
NEXTGEN HEALTHCARE INC QSII	QSII	17,905	$336.0k17.9k shares
APPLIED INDL TECHNOLOGIES IN AIT	AIT	2,544	$321.0k2.5k shares
OLYMPIC STEEL INC ZEUS	ZEUS	8,942	$300.0k8.9k shares
RMR GROUP INC RMR	RMR	10,125	$286.0k10.1k shares
MUELLER INDS INC MLI	MLI	4,665	$275.0k4.7k shares
ITEOS THERAPEUTICS INC ITOS	ITOS	13,946	$272.0k13.9k shares
UNITED STATES CELLULAR CORP AD	AD	12,326	$257.0k12.3k shares
OSI SYSTEMS INC OSIS	OSIS	3,137	$249.0k3.1k shares
HARMONY BIOSCIENCES HLDGS IN HRMY	HRMY	4,414	$243.0k4.4k shares
MAGNOLIA OIL & GAS CORP MGY	MGY	9,904	$232.0k9.9k shares
1ST SOURCE CORP SRCE	SRCE	4,213	$224.0k4.2k shares
MADDEN STEVEN LTD SHOO	SHOO	6,642	$212.0k6.6k shares
ALEXANDER & BALDWIN INC NEW ALEX	ALEX	11,298	$212.0k11.3k shares
BRIDGEWATER BANCSHARES INC BWB	BWB	11,663	$207.0k11.7k shares
ZYNEX INC ZYXIQ	ZYXIQ	11,309	$157.0k11.3k shares