Friess Associates 13F annual report

Friess Associates is an investment fund managing more than $59.9 million ran by Renae Leonard. There are currently 32 companies in Mrs. Leonard’s portfolio. The largest investments include Amphastar Pharmaceutcials Inc. and ACM Research Inc, together worth $6.4 million.

Limited to 30 biggest holdings

$59.9 million Assets Under Management (AUM)

As of 8th August 2022, Friess Associates’s top holding is 97,760 shares of Amphastar Pharmaceutcials Inc. currently worth over $3.4 million and making up 5.7% of the portfolio value. In addition, the fund holds 178,368 shares of ACM Research Inc worth $3 million, whose value fell 77.0% in the past six months. The third-largest holding is Stratasys Ltd worth $2.94 million and the next is Kura Sushi USA worth $2.84 million, with 57,237 shares owned.

Currently, Friess Associates's portfolio is worth at least $59.9 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 Friess Associates

The Friess Associates office and employees reside in Greenville, Delaware. According to the last 13-F report filed with the SEC, Renae Leonard serves as the Operations at Friess Associates.

Recent trades

In the most recent 13F filing, Friess Associates revealed that it had opened a new position in Amphastar Pharmaceutcials Inc. and bought 97,760 shares worth $3.4 million.

The investment fund also strengthened its position in ACM Research Inc by buying 107,399 additional shares. This makes their stake in ACM Research Inc total 178,368 shares worth $3 million. ACM Research Inc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Friess Associates is getting rid of from its portfolio. Friess Associates closed its position in Sonic Automotive on 15th August 2022. It sold the previously owned 145,690 shares for $7.66 million. Renae Leonard also disclosed a decreased stake in Stratasys Ltd by 0.2%. This leaves the value of the investment at $2.94 million and 156,867 shares.

One of the smallest hedge funds

The two most similar investment funds to Friess Associates are Jayhawk Capital Management, L.L.C and Edward Jones Trust. They manage $59.9 million and $60.1 million respectively.


Renae Leonard investment strategy

Friess Associates’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Technology — making up 22.7% of the total portfolio value. The fund focuses on investments in the United States as 65.6% of the portfolio companies are based in the United States.

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 3% 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 $817 million.

The complete list of Friess Associates trades based on 13F SEC filings

These positions were updated on August 15th 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
Sonic Automotive, Inc.
Closed
145,690
$7,655,000
CryoPort Inc
Closed
110,998
$7,382,000
PLx Pharma Inc.
Closed
376,558
$7,268,000
Bonanza Creek Energy Inc
Closed
141,754
$6,790,000
Hovnanian Enterprises, Inc.
Closed
68,672
$6,619,000
Kirkland's Inc.
Closed
314,592
$6,043,000
GrowGeneration Corp
Closed
228,075
$5,627,000
Apollo Medical Holdings Inc
Closed
55,553
$5,058,000
Sientra Inc
Closed
882,119
$5,055,000
Identiv Inc
Closed
264,731
$4,988,000
Scorpio Tankers Inc
Closed
266,261
$4,936,000
Academy Sports & Outdoors, Inc.
Closed
118,915
$4,759,000
CRA International Inc.
Closed
46,623
$4,632,000
Aspira Women's Health Inc.
Closed
1,382,045
$4,492,000
Chesapeake Energy Corp.
Closed
71,855
$4,426,000
Information Services Group, In
Closed
605,159
$4,345,000
iHeartMedia, Inc.
Closed
157,554
$3,942,000
YETI Holdings Inc
Closed
40,935
$3,508,000
Driven Brands Holdings Inc.
Closed
120,258
$3,474,000
FIGS, Inc.
Closed
92,503
$3,436,000
Amphastar Pharmaceutcials Inc.
Opened
97,760
$3,401,000 5.68%
Inotiv Inc.
Closed
108,853
$3,183,000
Pixelworks Inc
Closed
647,819
$3,097,000
Tilly's Inc.
Closed
216,084
$3,027,000
Kornit Digital Ltd
Closed
20,781
$3,008,000
ACM Research Inc
151.33%
178,368
$3,002,000 5.01%
Magnite Inc
Closed
105,355
$2,950,000
Stratasys Ltd
18.32%
156,867
$2,940,000 4.91%
Hub Group, Inc.
Closed
42,530
$2,924,000
Kura Sushi USA, Inc.
6.62%
57,237
$2,835,000 4.73%
Calix Inc
Closed
56,993
$2,817,000
Voyager Digital Ltd.
Closed
278,274
$2,783,000
Bellring Brands Inc
Closed
90,393
$2,780,000
Penske Automotive Group Inc
Closed
26,980
$2,714,000
Netflix Inc.
Closed
4,178
$2,550,000
Booking Holdings Inc
Closed
1,069
$2,538,000
DHI Group Inc
Opened
482,884
$2,400,000 4.01%
Amazon.com Inc.
Closed
724
$2,378,000
Electronic Arts, Inc.
Closed
16,671
$2,371,000
Information Services Group, In
Opened
348,781
$2,358,000 3.94%
Tecnoglass Inc
36.06%
132,880
$2,332,000 3.89%
Titan Machinery Inc
35.51%
102,661
$2,301,000 3.84%
Caleres Inc
Opened
86,900
$2,280,000 3.81%
Mosaic Company
Closed
63,611
$2,272,000
Assertio Holdings, Inc.
Opened
766,650
$2,262,000 3.78%
Walt Disney Co (The)
Closed
13,232
$2,238,000
Generac Holdings Inc
Closed
5,464
$2,233,000
Chicken Soup For The Soul
Closed
96,680
$2,211,000
Roblox Corp. - Class A
Closed
28,753
$2,172,000
Crocs Inc
Closed
15,119
$2,169,000
Daseke Inc
42.98%
335,923
$2,147,000 3.58%
Catalyst Pharmaceuticals Inc
Opened
305,148
$2,139,000 3.57%
TravelCenters of America Inc
Closed
42,638
$2,123,000
DoorDash Inc
Closed
10,303
$2,122,000
Advanced Micro Devices Inc.
Closed
20,213
$2,080,000
Axogen Inc.
5.24%
253,546
$2,077,000 3.47%
Encore Wire Corp.
Closed
21,425
$2,032,000
Target Corp
Closed
8,659
$1,981,000
Napco Security Technologies In
Opened
96,000
$1,977,000 3.30%
Ulta Beauty Inc
Closed
5,465
$1,972,000
Carriage Services, Inc.
Opened
49,556
$1,965,000 3.28%
Floor & Decor Holdings Inc
Closed
16,110
$1,946,000
Silicon Motion Technology Corp
Closed
27,863
$1,922,000
Aehr Test Systems
Opened
255,208
$1,914,000 3.19%
Marinemax, Inc.
18.58%
51,904
$1,875,000 3.13%
SiTime Corp
Closed
9,126
$1,863,000
Thermo Fisher Scientific Inc.
Closed
3,242
$1,852,000
Infinera Corp.
Opened
342,602
$1,836,000 3.06%
Edgio Inc.
Opened
775,823
$1,792,000 2.99%
Caredx Inc
Closed
28,270
$1,791,000
Semtech Corp.
Closed
22,780
$1,776,000
Ooma Inc
15.96%
145,372
$1,721,000 2.87%
Micromatrix Medical Inc.
Closed
246,323
$1,714,000
Holley Inc.
Opened
162,427
$1,705,000 2.85%
Ultra Clean Hldgs Inc
Closed
39,718
$1,692,000
Bioceres Crop Solutions Corp
37.41%
121,129
$1,661,000 2.77%
Lantronix Inc
Opened
299,497
$1,611,000 2.69%
Clearfield Inc
Opened
23,600
$1,462,000 2.44%
Quantum Corp
Closed
277,728
$1,439,000
Infusystem Holding Inc.
4.40%
147,893
$1,424,000 2.38%
SIGA Technologies Inc
Opened
121,225
$1,404,000 2.34%
NV5 Global Inc
42.05%
11,600
$1,354,000 2.26%
Agriforce Growing Systems Lt
Opened
452,015
$1,044,000 1.74%
Momentive Global Inc
Closed
51,571
$1,011,000
Capital One Financial Corp.
Closed
5,934
$961,000
Freeport-McMoRan Inc
Closed
25,874
$842,000
AXT Inc
Opened
140,300
$822,000 1.37%
Omniq Corp.
39.54%
136,538
$751,000 1.25%
Qualtek Services Inc.
Opened
424,700
$629,000 1.05%
Electromed Inc.
Opened
50,614
$488,000 0.81%
Marvell Technology Group Ltd.
Closed
6,460
$390,000
Avantor, Inc.
Closed
9,094
$372,000
Herc Holdings Inc
Closed
2,237
$366,000
Trade Desk Inc
Closed
5,031
$354,000
ArcBest Corp
Closed
4,300
$352,000
Ford Motor Co.
Closed
21,300
$302,000
Applied Materials Inc.
Closed
2,240
$288,000
Teradyne, Inc.
Closed
2,452
$268,000
United States Steel Corp.
Closed
11,933
$262,000
Exact Sciences Corp.
Closed
2,383
$227,000
Adobe Inc
Closed
364
$210,000
Diamondback Energy Inc
Closed
1,230
$116,000
Spotify Technology Sa
Closed
397
$89,000
Ingersoll Rand Inc.
Closed
1,640
$83,000
No transactions found
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