Boardman Bay Capital Management 13F annual report
Boardman Bay Capital Management is an investment fund managing more than $55.3 million ran by Ken Brown. There are currently 38 companies in Mr. Brown’s portfolio. The largest investments include NeoPhotonics and Ii-Vi, together worth $9.2 million.
$55.3 million Assets Under Management (AUM)
As of 7th February 2022, Boardman Bay Capital Management’s top holding is 603,999 shares of NeoPhotonics currently worth over $5.26 million and making up 9.5% of the portfolio value.
Relative to the number of outstanding shares of NeoPhotonics, Boardman Bay Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 66,355 shares of Ii-Vi worth $3.94 million, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Lumentum Inc worth $3.9 million and the next is CIENA worth $3.5 million, with 68,093 shares owned.
Currently, Boardman Bay Capital Management's portfolio is worth at least $55.3 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 Boardman Bay Capital Management
The Boardman Bay Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Ken Brown serves as the Chief Compliance Officer at Boardman Bay Capital Management.
Recent trades
In the most recent 13F filing, Boardman Bay Capital Management revealed that it had opened a new position in
Doubledown Interactive Co Lt and bought 93,398 shares worth $1.65 million.
The investment fund also strengthened its position in NeoPhotonics by buying
110,809 additional shares.
This makes their stake in NeoPhotonics total 603,999 shares worth $5.26 million.
NeoPhotonics dropped approximately 0.1% in the past year.
On the other hand, there are companies that Boardman Bay Capital Management is getting rid of from its portfolio.
Boardman Bay Capital Management closed its position in Western Digital on 14th February 2022.
It sold the previously owned 22,500 shares for $1.6 million.
Ken Brown also disclosed a decreased stake in CIENA by 0.3%.
This leaves the value of the investment at $3.5 million and 68,093 shares.
One of the smallest hedge funds
The two most similar investment funds to Boardman Bay Capital Management are Spectrum Asset Management and Usa Mutuals Advisors, Inc. They manage $55.2 million and $55 million respectively.
Ken Brown investment strategy
Boardman Bay Capital Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 76.0% of
the total portfolio value.
The fund focuses on investments in the United States as
71.1% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
26% of the total holdings value.
On the other hand, small-cap stocks make up only 2.6% of the portfolio.
The average market cap of the portfolio companies is close to $74.9 billion.
The complete list of Boardman Bay Capital Management trades based on 13F SEC filings
These positions were updated on February 14th 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 |
|---|---|---|---|
| NeoPhotonics Corporation |
22.47%
603,999
|
$5,261,000 | 9.52% |
| Ii-Vi Inc. |
26.68%
66,355
|
$3,939,000 | 7.13% |
| Lumentum Holdings Inc |
78.27%
46,738
|
$3,904,000 | 7.06% |
| CIENA Corp. |
25.17%
68,093
|
$3,497,000 | 6.33% |
| Marvell Technology Inc |
16.30%
57,086
|
$3,443,000 | 6.23% |
| MaxLinear Inc |
35.22%
62,500
|
$3,078,000 | 5.57% |
| Viavi Solutions Inc |
0.27%
182,500
|
$2,873,000 | 5.20% |
| Bandwidth Inc |
175.00%
27,500
|
$2,483,000 | 4.49% |
| Akoustis Technologies Inc |
8.78%
233,461
|
$2,265,000 | 4.10% |
| Tower Semiconductor Ltd. |
6.25%
75,000
|
$2,243,000 | 4.06% |
| Commscope Hldg Co Inc |
10.71%
155,000
|
$2,106,000 | 3.81% |
| Harmonic, Inc. |
5.73%
221,528
|
$1,938,000 | 3.51% |
| nLIGHT Inc |
37.84%
62,028
|
$1,749,000 | 3.16% |
| Arista Networks Inc |
14.65%
5,088
|
$1,748,000 | 3.16% |
| Doubledown Interactive Co Lt |
Opened
93,398
|
$1,645,000 | 2.98% |
| Western Digital Corp. |
Closed
22,500
|
$1,601,000 | |
| Applied Optoelectronics Inc |
4.36%
190,601
|
$1,369,000 | 2.48% |
| Workday Inc |
Closed
5,000
|
$1,194,000 | |
| Palo Alto Networks Inc |
22.02%
2,380
|
$1,140,000 | 2.06% |
| Micron Technology Inc. |
Closed
12,500
|
$1,062,000 | |
| Casa Sys Inc |
7.04%
152,000
|
$1,031,000 | 1.87% |
| Advanced Micro Devices Inc. |
Closed
10,000
|
$939,000 | |
| Hemisphere Media Group Inc |
1.35%
76,059
|
$926,000 | 1.68% |
| Splunk Inc |
25.00%
6,000
|
$868,000 | 1.57% |
| Calix Inc |
Opened
16,405
|
$811,000 | 1.47% |
| Peloton Interactive Inc |
70.00%
8,500
|
$740,000 | 1.34% |
| Twilio Inc |
Opened
2,000
|
$638,000 | 1.15% |
| Alibaba Group Hldg Ltd |
Closed
2,585
|
$586,000 | |
| NVIDIA Corp |
Closed
722
|
$578,000 | |
| DocuSign Inc |
Closed
2,040
|
$570,000 | |
| American Vrtual Cloud Tech I |
Opened
202,517
|
$565,000 | 1.02% |
| Alphabet Inc |
Opened
200
|
$535,000 | 0.97% |
| NetFlix Inc |
103.39%
840
|
$513,000 | 0.93% |
| Box Inc |
Closed
20,000
|
$511,000 | |
| Himax Technologies |
66.67%
45,000
|
$480,000 | 0.87% |
| Uber Technologies Inc |
68.75%
10,000
|
$448,000 | 0.81% |
| Gan Ltd |
40.00%
30,000
|
$446,000 | 0.81% |
| Tenable Holdings Inc |
10.00%
9,000
|
$415,000 | 0.75% |
| AvePoint Inc |
Opened
44,573
|
$378,000 | 0.68% |
| Sequans Communications S.A |
13.43%
84,448
|
$371,000 | 0.67% |
| Gambling Com Group Limited |
Opened
37,740
|
$345,000 | 0.62% |
| Sonos Inc |
78.57%
7,500
|
$243,000 | 0.44% |
| Palantir Technologies Inc. |
Opened
9,960
|
$239,000 | 0.43% |
| Origin Materials Inc |
Opened
34,571
|
$235,000 | 0.43% |
| Ambarella Inc |
Closed
2,000
|
$213,000 | |
| Vuzix Corporation |
Closed
10,000
|
$184,000 | |
| Velodyne Lidar, Inc. |
14.29%
30,000
|
$178,000 | 0.32% |
| FireEye Inc |
63.64%
10,000
|
$178,000 | 0.32% |
| NavSight Holdings, Inc. |
Closed
10,000
|
$100,000 | |
| No transactions found | |||
| Showing first 500 out of 49 holdings | |||
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