Osmium Partners is an investment fund managing more than $111 million ran by Adam Hoydysh. There are currently 7 companies in Mr. Hoydysh’s portfolio. The largest investments include Tuesday Morning and Kirklands Inc, together worth $86.2 million.
As of 3rd February 2023, Osmium Partners’s top holding is 22,185,433 shares of Tuesday Morning currently worth over $62.1 million and making up 55.7% of the portfolio value.
Relative to the number of outstanding shares of Tuesday Morning, Osmium Partners owns less than 0.5% of the company.
In addition, the fund holds 1,254,481 shares of Kirklands Inc worth $24.1 million.
The third-largest holding is Spark Networks SE worth $13 million and the next is Tucows worth $5.64 million, with 71,444 shares owned.
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.
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.
In the most recent 13F filing, Osmium Partners revealed that it had opened a new position in
Legacy Housing and bought 134,042 shares worth $2.41 million.
This means they effectively own approximately 0.1% of the company.
Legacy Housing makes up
100.0%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by 16.7% in the past year.
The investment fund also strengthened its position in Kirklands Inc by buying
40,000 additional shares.
This makes their stake in Kirklands Inc total 1,254,481 shares worth $24.1 million.
On the other hand, there are companies that Osmium Partners is getting rid of from its portfolio.
Osmium Partners closed its position in Precision Drilling Corp on 10th February 2023.
It sold the previously owned 7,000 shares for $292 thousand.
Adam Hoydysh also disclosed a decreased stake in Tuesday Morning by approximately 0.1%.
This leaves the value of the investment at $62.1 million and 22,185,433 shares.
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.
Osmium Partners’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Consumer Staples — making up 55.7% of
the total portfolio value.
The fund focuses on investments in the United States as
57.1% 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
43% 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 $763 million.
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 |
|---|---|---|---|
| Tuesday Morning Corp. |
0.67%
22,185,433
|
$62,119,000 | 55.74% |
| Kirklands Inc |
3.29%
1,254,481
|
$24,099,000 | 21.62% |
| Spark Networks SE |
0.01%
3,716,842
|
$13,046,000 | 11.71% |
| Tucows, Inc. |
10.86%
71,444
|
$5,641,000 | 5.06% |
| AMREP Corp. |
14.94%
225,407
|
$3,539,000 | 3.18% |
| Legacy Housing Corporation |
Opened
134,042
|
$2,409,000 | 2.16% |
| Black Stone Minerals L.P. |
No change
49,470
|
$596,000 | 0.53% |
| Precision Drilling Corp |
Closed
7,000
|
$292,000 | |
| No transactions found | |||
| Showing first 500 out of 8 holdings | |||