# Lyon Street Capital, LLC

> Institutional holdings reported to the SEC as of Q1 2022 on Form 13F. CIK 1570598. Source: https://holderbook.com/funds/1570598-lyon-street-capital-llc/

- Reported value: $67.0M
- Positions: 84
- Weight of the ten largest: 21.8%
- Filed: 2022-05-16

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NEXPOINT DIVERSIFIED REL ET | [NXDT](https://holderbook.com/stocks/NXDT/) | $2.4M | 150,954 | 3.6% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.6M | 500 | 2.4% | 10 |
| TELEDYNE TECHNOLOGIES INC | [TDY](https://holderbook.com/stocks/TDY/) | $1.4M | 3,000 | 2.1% | 5 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.4M | 500 | 2.1% | 10 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.4M | 4,400 | 2.0% | 10 |
| GRAND CANYON ED INC | [LOPE](https://holderbook.com/stocks/LOPE/) | $1.3M | 13,500 | 2.0% | 10 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.3M | 2,250 | 1.9% | 1 |
| OSI SYSTEMS INC | [OSIS](https://holderbook.com/stocks/OSIS/) | $1.3M | 15,060 | 1.9% | 2 |
| RIDENOW GROUP INC | [RDNW](https://holderbook.com/stocks/RDNW/) | $1.3M | 37,487 | 1.9% | 2 |
| CHARLES RIV LABS INTL INC | [CRL](https://holderbook.com/stocks/CRL/) | $1.3M | 4,500 | 1.9% | 3 |
| PDC ENERGY INC | [PDCE](https://holderbook.com/stocks/PDCE/) | $1.2M | 17,000 | 1.8% | 2 |
| ULTRA CLEAN HLDGS INC | [UCTT](https://holderbook.com/stocks/UCTT/) | $1.2M | 29,000 | 1.8% | 4 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.2M | 7,000 | 1.8% | 3 |
| NV5 GLOBAL INC | [NVEE](https://holderbook.com/stocks/NVEE/) | $1.2M | 8,900 | 1.8% | 2 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $1.1M | 1,800 | 1.7% | 2 |
| FRANCHISE GROUP INC | [FRG](https://holderbook.com/stocks/FRG/) | $1.1M | 27,000 | 1.7% | 2 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $1.1M | 750 | 1.7% | 1 |
| FRANKLIN COVEY CO | [FC](https://holderbook.com/stocks/FC/) | $1.1M | 23,408 | 1.6% | 2 |
| WALKER & DUNLOP INC | [WD](https://holderbook.com/stocks/WD/) | $1.0M | 8,000 | 1.5% | 6 |
| JACK IN THE BOX INC | [JACK](https://holderbook.com/stocks/JACK/) | $934.0K | 10,000 | 1.4% | 5 |
| LAM RESEARCH CORP | [LRCXXXXX](https://holderbook.com/stocks/LRCXXXXX/) | $916.0K | 1,704 | 1.4% | 5 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $913.0K | 9,000 | 1.4% | 3 |
| NEXPOINT REAL ESTATE FIN INC | [NREF](https://holderbook.com/stocks/NREF/) | $904.0K | 39,989 | 1.3% | 5 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $889.0K | 4,000 | 1.3% | 10 |
| CABOT CORP | [CBT](https://holderbook.com/stocks/CBT/) | $888.0K | 12,986 | 1.3% | 2 |
| BOX INC | [BOX](https://holderbook.com/stocks/BOX/) | $887.0K | 30,510 | 1.3% | 1 |
| CARGURUS INC | [CARG](https://holderbook.com/stocks/CARG/) | $884.0K | 20,811 | 1.3% | 2 |
| INSPIRED ENTMT INC | [INSE](https://holderbook.com/stocks/INSE/) | $880.0K | 71,536 | 1.3% | 2 |
| BUILDERS FIRSTSOURCE INC | [BLDR](https://holderbook.com/stocks/BLDR/) | $854.0K | 13,229 | 1.3% | 3 |
| GOLDEN ENTMT INC | [GDEN](https://holderbook.com/stocks/GDEN/) | $846.0K | 14,572 | 1.3% | 1 |
| POOL CORP | [POOL](https://holderbook.com/stocks/POOL/) | $846.0K | 2,000 | 1.3% | 5 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $822.0K | 6,000 | 1.2% | 1 |
| TRACTOR SUPPLY CO | [TSCO](https://holderbook.com/stocks/TSCO/) | $817.0K | 3,500 | 1.2% | 2 |
| GREEN PLAINS PARTNERS LP | [GPP](https://holderbook.com/stocks/GPP/) | $813.0K | 57,446 | 1.2% | 2 |
| WESCO INTL INC | [WCC](https://holderbook.com/stocks/WCC/) | $781.0K | 6,000 | 1.2% | 2 |
| BRC GROUP HOLDINGS INC | [RILY](https://holderbook.com/stocks/RILY/) | $770.0K | 11,000 | 1.1% | 2 |
| AMERESCO INC | [AMRC](https://holderbook.com/stocks/AMRC/) | $762.0K | 9,591 | 1.1% | 2 |
| JACOBS ENGR GROUP INC | [JXXXX](https://holderbook.com/stocks/JXXXX/) | $758.0K | 5,500 | 1.1% | 2 |
| NATIONAL STORAGE AFFILIATES | [NSA](https://holderbook.com/stocks/NSA/) | $753.0K | 12,000 | 1.1% | 2 |
| CROWN HLDGS INC | [CCK](https://holderbook.com/stocks/CCK/) | $751.0K | 6,000 | 1.1% | 2 |
| EVERI HLDGS INC | [EVRI](https://holderbook.com/stocks/EVRI/) | $750.0K | 35,730 | 1.1% | 4 |
| MKS INC. | [MKSI](https://holderbook.com/stocks/MKSI/) | $750.0K | 5,000 | 1.1% | 2 |
| MASTERCRAFT BOAT HLDGS INC | [MCFT](https://holderbook.com/stocks/MCFT/) | $714.0K | 29,000 | 1.1% | 4 |
| CSW INDUSTRIALS INC | [CSW](https://holderbook.com/stocks/CSW/) | $706.0K | 6,000 | 1.1% | 2 |
| HERBALIFE LTD | [HLF](https://holderbook.com/stocks/HLF/) | $702.0K | 23,130 | 1.0% | 2 |
| BELLRING BRANDS INC | [BRBR](https://holderbook.com/stocks/BRBR/) | $692.0K | 30,000 | 1.0% | 1 |
| MGP INGREDIENTS INC NEW | [MGPI](https://holderbook.com/stocks/MGPI/) | $685.0K | 8,000 | 1.0% | 2 |
| INMODE LTD | [INMD](https://holderbook.com/stocks/INMD/) | $683.0K | 18,500 | 1.0% | 2 |
| NEXPOINT RESIDENTIAL TR INC | [NXRT](https://holderbook.com/stocks/NXRT/) | $677.0K | 7,500 | 1.0% | 2 |
| SOMNIGROUP INTERNATIONAL INC | [SGI](https://holderbook.com/stocks/SGI/) | $675.0K | 24,177 | 1.0% | 10 |
| CAVCO INDS INC DEL | [CVCO](https://holderbook.com/stocks/CVCO/) | $662.0K | 2,750 | 1.0% | 1 |
| AKAMAI TECHNOLOGIES INC | [AKAM](https://holderbook.com/stocks/AKAM/) | $657.0K | 5,500 | 1.0% | 2 |
| WILLSCOT HLDGS CORP | [WSC](https://holderbook.com/stocks/WSC/) | $646.0K | 16,500 | 1.0% | 1 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $637.0K | 3,000 | 1.0% | 2 |
| ENCORE WIRE CORP | [WIRE](https://holderbook.com/stocks/WIRE/) | $627.0K | 5,500 | 0.9% | 2 |
| LOVESAC CO | [LOVE](https://holderbook.com/stocks/LOVE/) | $622.0K | 11,500 | 0.9% | 1 |
| FORTRESS TRANS INFRST INVS L | [FTAIXXXX](https://holderbook.com/stocks/FTAIXXXX/) | $618.0K | 24,000 | 0.9% | 2 |
| SONIC AUTOMOTIVE INC | [SAH](https://holderbook.com/stocks/SAH/) | $617.0K | 14,504 | 0.9% | 2 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $606.0K | 4,500 | 0.9% | 2 |
| VALMONT INDS INC | [VMI](https://holderbook.com/stocks/VMI/) | $597.0K | 2,500 | 0.9% | 1 |
| HENRY JACK & ASSOC INC | [JKHY](https://holderbook.com/stocks/JKHY/) | $591.0K | 3,000 | 0.9% | 2 |
| NVR INC | [NVR](https://holderbook.com/stocks/NVR/) | $581.0K | 130 | 0.9% | 3 |
| POST HLDGS INC | [POST](https://holderbook.com/stocks/POST/) | $554.0K | 8,000 | 0.8% | 2 |
| HAPPEN INC | [HAPN](https://holderbook.com/stocks/HAPN/) | $552.0K | 35,000 | 0.8% | 2 |
| U S PHYSICAL THERAPY | [USPH](https://holderbook.com/stocks/USPH/) | $547.0K | 5,500 | 0.8% | 2 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $539.0K | 500 | 0.8% | 2 |
| M/I HOMES INC | [MHO](https://holderbook.com/stocks/MHO/) | $534.0K | 12,040 | 0.8% | 3 |
| ZUORA INC | [ZUO](https://holderbook.com/stocks/ZUO/) | $524.0K | 35,000 | 0.8% | 1 |
| CHURCHILL DOWNS INC | [CHDN](https://holderbook.com/stocks/CHDN/) | $521.0K | 2,350 | 0.8% | 2 |
| CAESARS ENTERTAINMENT INC NE | [CZR](https://holderbook.com/stocks/CZR/) | $503.0K | 6,500 | 0.8% | 2 |
| MITEK SYS INC | [MITK](https://holderbook.com/stocks/MITK/) | $484.0K | 33,000 | 0.7% | 1 |
| WORKDAY INC | [WDAY](https://holderbook.com/stocks/WDAY/) | $479.0K | 2,000 | 0.7% | 2 |
| GOODRX HLDGS INC | [GDRX](https://holderbook.com/stocks/GDRX/) | $464.0K | 24,000 | 0.7% | 1 |
| DANAOS CORPORATION | [DAC](https://holderbook.com/stocks/DAC/) | $462.0K | 4,500 | 0.7% | 2 |
| ZETA GLOBAL HOLDINGS CORP | [ZETA](https://holderbook.com/stocks/ZETA/) | $459.0K | 36,000 | 0.7% | 2 |
| TANDEM DIABETES CARE INC | [TNDM](https://holderbook.com/stocks/TNDM/) | $436.0K | 3,750 | 0.7% | 3 |
| CENTURY COMMUNITIES INC | [CCS](https://holderbook.com/stocks/CCS/) | $434.0K | 8,103 | 0.6% | 6 |
| BLUELINX HLDGS INC | [BXC](https://holderbook.com/stocks/BXC/) | $431.0K | 6,000 | 0.6% | 3 |
| D R HORTON INC | [DHI](https://holderbook.com/stocks/DHI/) | $410.0K | 5,500 | 0.6% | 2 |
| TYLER TECHNOLOGIES INC | [TYL](https://holderbook.com/stocks/TYL/) | $400.0K | 900 | 0.6% | 3 |
| CAPRI HOLDINGS LIMITED | [CPRI](https://holderbook.com/stocks/CPRI/) | $360.0K | 7,000 | 0.5% | 2 |
| VICTORIAS SECRET AND CO | [VSXY](https://holderbook.com/stocks/VSXY/) | $308.0K | 6,000 | 0.5% | 2 |
| BATH & BODY WORKS INC | [BBWI](https://holderbook.com/stocks/BBWI/) | $263.0K | 5,500 | 0.4% | 2 |
| BJS WHSL CLUB HLDGS INC | [BJ](https://holderbook.com/stocks/BJ/) | $256.0K | 3,793 | 0.4% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2022 | -11.3% | -4.9% | -6.4% | 99% |
| Q4 2020 | +23.1% | +11.6% | +11.5% | 100% |
| Q3 2020 | +7.5% | +8.6% | -1.1% | 97% |
| Q2 2020 | +37.8% | +19.6% | +18.1% | 100% |
| Q1 2020 | -24.4% | -19.9% | -4.5% | 100% |
| Q4 2019 | +11.4% | +8.5% | +3.0% | 99% |
| Q3 2019 | -8.2% | +1.3% | -9.5% | 100% |
| Q2 2019 | +5.5% | +3.7% | +1.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2022 | $67.0M | 84 |
| Q4 2021 | $100.5M | 92 |
| Q3 2020 | $33.6M | 55 |
| Q2 2020 | $49.8M | 64 |
| Q1 2020 | $62.9M | 60 |
| Q4 2019 | $58.7M | 56 |
| Q3 2019 | $54.3M | 56 |
| Q2 2019 | $58.8M | 54 |
| Q1 2019 | $32.5M | 44 |
| Q4 2018 | $99.5M | 46 |