# Plaisance Capital LLC

> Institutional holdings reported to the SEC as of Q2 2022 on Form 13F. CIK 1761269. Source: https://holderbook.com/funds/1761269-plaisance-capital-llc/

- Reported value: $172.0M
- Positions: 21
- Weight of the ten largest: 82.1%
- Filed: 2022-08-15

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 |
|---|---|---|---|---|---|
| PURE CYCLE CORP | [PCYO](https://holderbook.com/stocks/PCYO/) | $41.6M | 3,948,787 | 24.2% | 10 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $16.6M | 0 | 9.6% | 2 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $16.5M | 0 | 9.6% | 2 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $15.2M | 0 | 8.9% | 4 |
| NOODLES & CO | [NDLS](https://holderbook.com/stocks/NDLS/) | $13.5M | 1,750,780 | 7.8% | 10 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $9.8M | 0 | 5.7% | 2 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $8.5M | 0 | 4.9% | 1 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $7.1M | 61,400 | 4.1% | 1 |
| ALASKA AIR GROUP INC | [ALK](https://holderbook.com/stocks/ALK/) | $7.0M | 0 | 4.1% | 1 |
| SKECHERS U S A INC | [SKX](https://holderbook.com/stocks/SKX/) | $5.6M | 63,645 | 3.2% | 8 |
| DELTA AIR LINES INC | [DAL](https://holderbook.com/stocks/DAL/) | $4.9M | 0 | 2.8% | 1 |
| CLARUS CORP NEW | [CLAR](https://holderbook.com/stocks/CLAR/) | $4.2M | 220,482 | 2.4% | 2 |
| UNITED AIRLS HLDGS INC | [UAL](https://holderbook.com/stocks/UAL/) | $4.1M | 0 | 2.4% | 1 |
| CROCS INC | [CROX](https://holderbook.com/stocks/CROX/) | $4.1M | 61,775 | 2.4% | 1 |
| KOHLS CORP | [KSS](https://holderbook.com/stocks/KSS/) | $3.4M | 21,500 | 2.0% | 1 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $3.0M | 0 | 1.8% | 2 |
| WAYFAIR INC | [W](https://holderbook.com/stocks/W/) | $2.6M | 0 | 1.5% | 1 |
| WINGSTOP INC | [WING](https://holderbook.com/stocks/WING/) | $1.9M | 25,530 | 1.1% | 1 |
| PROSHARES TR | [BITI](https://holderbook.com/stocks/BITI/) | $1.5M | 35,300 | 0.9% | 1 |
| TRIMBLE INC | [TRMB](https://holderbook.com/stocks/TRMB/) | $524.0K | 9,000 | 0.3% | 1 |
| SMART SAND INC | [SND](https://holderbook.com/stocks/SND/) | $380.0K | 190,000 | 0.2% | 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 |
|---|---|---|---|---|
| Q2 2022 | -12.3% | -16.5% | +4.2% | 89% |
| Q1 2022 | -11.1% | -4.9% | -6.2% | 100% |
| Q4 2021 | +4.1% | +10.7% | -6.6% | 100% |
| Q3 2021 | -5.3% | +0.3% | -5.5% | 96% |
| Q2 2021 | +8.1% | +8.0% | +0.1% | 101% |
| Q1 2021 | +16.3% | +6.0% | +10.3% | 100% |
| Q4 2020 | +31.2% | +11.6% | +19.6% | 99% |
| Q3 2020 | +5.8% | +8.6% | -2.8% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2022 | $172.0M | 21 |
| Q1 2022 | $138.3M | 17 |
| Q4 2021 | $148.5M | 33 |
| Q3 2021 | $140.2M | 30 |
| Q2 2021 | $200.7M | 46 |
| Q1 2021 | $105.8M | 33 |
| Q4 2020 | $121.5M | 44 |
| Q3 2020 | $63.6M | 22 |
| Q2 2020 | $94.3M | 33 |
| Q1 2020 | $124.2M | 66 |