1y return−4.7%S&P 500 +20.9%
3y return+27.3%S&P 500 +68.5%
5y return+12.6%S&P 500 +74.5%
10y return+222.4%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $322 against $357 in the S&P 500.2
Tensile Capital Management LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| DKSDicks Sporting Goods Inc | $81.2M | 11.2% | |
| TYLTyler Technologies Inc | $71.7M | 9.9% | +377.0% |
| LADLithia Mtrs Inc | $64.8M | 8.9% | |
| VVVValvoline Inc | $61.4M | 8.5% | −26.0% |
| COMPCompass Inc | $49.5M | 6.8% | +100.9% |
| USFDUs Foods Hldg Corp | $45.6M | 6.3% | −17.6% |
| CTRICenturi Holdings Inc | $44.4M | 6.1% | −7.8% |
| QTWOQ2 Hldgs Inc | $41.8M | 5.8% | −2.4% |
| BATRKAtlanta Braves Hldgs Inc | $39.1M | 5.4% | |
| WBIWaterbridge Infrastructure L | $37.1M | 5.1% | +9.9% |
| CCKCrown Hldgs Inc | $33.6M | 4.6% | −31.0% |
| VERXVertex Inc | $33.3M | 4.6% | −14.7% |
| EQIXEquinix Inc | $25.4M | 3.5% | −7.6% |
| BLBlackline Inc | $19.5M | 2.7% | −7.5% |
| UHAL/BU Haul Holding Company | $18.3M | 2.5% | −17.0% |
| SKYChampion Homes Inc | $17.9M | 2.5% | −3.6% |
| NCNONcino Inc | $17.3M | 2.4% | +5.1% |
| APPFAppfolio Inc | $11.7M | 1.6% | +37.7% |
| HOSHelix Energy Solutions Grp I | $4.3M | 0.6% | −42.3% |
| VISNVistance Networks Inc | $4.0M | 0.6% | New |
| Alight IncCUSIP 01626W101 | $1.8M | 0.2% | −14.5% |
| FOXFFox Factory Hldg Corp | $688K | 0.1% | −82.8% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| DKSDicks Sporting Goods Inc | June 30, 2020 | +449.7% | $81.2M |
| USFDUs Foods Hldg Corp | June 30, 2023 | +132.4% | $45.6M |
| VVVValvoline Inc | June 30, 2020 | +104.6% | $61.4M |
| LADLithia Mtrs Inc | June 30, 2020 | +92.0% | $64.8M |
| CCKCrown Hldgs Inc | June 30, 2020 | +71.7% | $33.6M |
| COMPCompass Inc | March 31, 2026 | +68.7% | $49.5M |
| QTWOQ2 Hldgs Inc | June 30, 2023 | +55.7% | $41.8M |
| EQIXEquinix Inc | June 30, 2020 | +48.4% | $25.4M |
| BATRKAtlanta Braves Hldgs Inc | September 30, 2023 | +45.3% | $39.1M |
| CTRICenturi Holdings Inc | September 30, 2025 | +42.8% | $44.4M |
Sold off last quarter
- Clearwater Analytics Holdings IncCUSIP 185123106 was $20.8M
- Noble Corp PLCCUSIP G65431127 was $19.6M
- CVCOCavco Industries Inc was $16.0M
- Cellebrite Di LtdCUSIP M2197Q107 was $7.2M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +8.3% | +14.8% |
| March 31, 2026 | −2.2% | −4.6% |
| December 31, 2025 | −1.5% | +2.4% |
| September 30, 2025 | −8.6% | +7.8% |
| June 30, 2025 | +6.7% | +10.5% |
| March 31, 2025 | −16.3% | −4.6% |
| December 31, 2024 | +10.9% | +2.1% |
| September 30, 2024 | +10.1% | +5.4% |
| June 30, 2024 | −3.8% | +4.0% |
| March 31, 2024 | +11.2% | +10.0% |
| December 31, 2023 | +18.2% | +11.2% |
| September 30, 2023 | −3.1% | −3.6% |
| June 30, 2023 | +0.5% | +8.3% |
| March 31, 2023 | +13.9% | +7.0% |
| December 31, 2022 | +13.2% | +7.1% |
| September 30, 2022 | +3.1% | −5.3% |
| June 30, 2022 | −19.6% | −16.5% |
| March 31, 2022 | −11.7% | −4.9% |
| December 31, 2021 | −1.6% | +10.7% |
| September 30, 2021 | −5.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Tensile Capital Management LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1598843&type=13F-HR&dateb=&owner=include&count=40CIK 1598843
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1598843/000208088026000021/Filed August 14, 2026 · accession 0002080880-26-000021