Osmium Partners 13F annual report

Osmium Partners is an investment fund managing more than $111 million ran by Adam Hoydysh. There are currently 3 companies in Mr. Hoydysh’s portfolio. The largest investments include Kirklands Inc and Spark Networks SE, together worth $8.38 billion.

$111 million Assets Under Management (AUM)

As of 3rd February 2023, Osmium Partners’s top holding is 1,580,830 shares of Kirklands Inc currently worth over $5.22 billion and making up 50.2% of the portfolio value. In addition, the fund holds 4,862,864 shares of Spark Networks SE worth $3.16 billion, whose value fell 63.5% in the past six months. The third-largest holding is Thredup Inc worth $2.01 billion.

Currently, Osmium Partners's portfolio is worth at least $111 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Osmium Partners

The Osmium Partners office and employees reside in Greenbrae, California. According to the last 13-F report filed with the SEC, Adam Hoydysh serves as the President at Osmium Partners.

Recent trades

In the most recent 13F filing, Osmium Partners revealed that it had opened a new position in Thredup Inc and bought 1,535,000 shares worth $2.01 billion.

The investment fund also strengthened its position in Kirklands Inc by buying 326,349 additional shares. This makes their stake in Kirklands Inc total 1,580,830 shares worth $5.22 billion.

On the other hand, there are companies that Osmium Partners is getting rid of from its portfolio. Osmium Partners closed its position in Tuesday Morning on 10th February 2023. It sold the previously owned 22,185,433 shares for $62.1 million.

One of the average hedge funds

The two most similar investment funds to Osmium Partners are Echo Street Capital Management and Agf Investments Inc. They manage $10.4 billion and $10.4 billion respectively.

Adam Hoydysh investment strategy

Osmium Partners’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Technology — making up 30.4% of the total portfolio value. The fund focuses on investments in the Germany as 33.3% of the portfolio companies are based in the Germany.

The majority of the companies in the fund’s portfolio are small-cap stocks. Stocks with a size of more than $100 million in market cap make up 33% of the total holdings value. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $29.8 million.

The complete list of Osmium Partners trades based on 13F SEC filings

These positions were updated on February 10th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Kirklands Inc	26.01% 1,580,830	$5,216,739,000	50.22%
Spark Networks SE	30.83% 4,862,864	$3,160,861,000	30.43%
Thredup Inc	Opened 1,535,000	$2,010,850,000	19.36%
Tuesday Morning Corp.	Closed 22,185,433	$62,119,000
Tucows, Inc.	Closed 71,444	$5,641,000
AMREP Corp.	Closed 225,407	$3,539,000
Legacy Housing Corporation	Closed 134,042	$2,409,000
Black Stone Minerals L.P.	Closed 49,470	$596,000
No transactions found
Showing first 500 out of 8 holdings