Tensile Capital Management LP: VERTEX INC (VERX): Quarterly 13F Position History
As of Q1 2026, Tensile Capital Management LP reported 3,398,563 shares of VERTEX INC (VERX), worth $40.4M and representing 5.8% of its 13F equity book. Quarter-over-quarter share count change: 21,431 (-0.6%) . The position first appeared in Q3 2020 and has been disclosed across 23 13F-HR filings in Pactolio's tracked window.
- 3,398,563Shares Held (Latest Filing)
- $40.4MReported Market Value (Latest Filing)
- 5.8%Portfolio Weight (% of 13F Equity Book)
- 21,431Quarter-over-Quarter Share Change
- -$27.9MQuarter-over-Quarter Value Change
- 5,970,258Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 23 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 3,398,563 | 21,431 | -0.6% | $40.4M | 5.8% | $11.9 |
| Q4 2025 | 3,419,994 | 384,415 | -10.1% | $68.3M | 8.8% | $20.0 |
| Q3 2025 | 3,804,409 | +160,559 | +4.4% | $94.3M | 11.8% | $24.8 |
| Q2 2025 | 3,643,850 | 16,624 | -0.5% | $128.8M | 15.5% | $35.3 |
| Q1 2025 | 3,660,474 | 109,076 | -2.9% | $128.2M | 16.3% | $35.0 |
| Q4 2024 | 3,769,550 | 284,000 | -7.0% | $201.1M | 20.9% | $53.3 |
| Q3 2024 | 4,053,550 | 580,000 | -12.5% | $156.1M | 16.9% | $38.5 |
| Q2 2024 | 4,633,550 | 127,000 | -2.7% | $167.0M | 18.4% | $36.0 |
| Q1 2024 | 4,760,550 | 354,255 | -6.9% | $151.2M | 16.5% | $31.8 |
| Q4 2023 | 5,114,805 | 691,912 | -11.9% | $137.8M | 16.1% | $26.9 |
| Q3 2023 | 5,806,717 | 60,000 | -1.0% | $134.1M | 16.9% | $23.1 |
| Q2 2023 | 5,866,717 | 103,541 | -1.7% | $114.4M | 14.8% | $19.5 |
| Q1 2023 | 5,970,258 | 0 | — | $123.5M | 16.8% | $20.7 |
| Q4 2022 | 5,970,258 | +750,000 | +14.4% | $86.6M | 13.6% | $14.5 |
| Q3 2022 | 5,220,258 | +4,500,000 | +624.8% | $71.4M | 11.0% | $13.7 |
| Q2 2022 | 720,258 | +25,526 | +3.7% | $8.2M | 1.4% | $11.3 |
| Q1 2022 | 694,732 | 56,147 | -7.5% | $10.7M | 1.5% | $15.3 |
| Q4 2021 | 750,879 | 73,821 | -9.0% | $11.9M | 1.4% | $15.9 |
| Q3 2021 | 824,700 | 20,000 | -2.4% | $15.9M | 1.8% | $19.2 |
| Q2 2021 | 844,700 | 20,000 | -2.3% | $18.5M | 2.1% | $21.9 |
| Q1 2021 | 864,700 | 107,300 | -11.0% | $19.0M | 2.5% | $22.0 |
| Q4 2020 | 972,000 | 60,000 | -5.8% | $33.9M | 4.0% | $34.8 |
| Q3 2020 | 1,032,000 | — | — | $23.7M | 3.2% | $23.0 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Tensile Capital Management LP first disclose a VERX position in 13F-HR filings?
Tensile Capital Management LP first reported VERTEX INC (VERX) on its 13F-HR filing for the period ending 2020-09-30 (Q3 2020). The position has appeared on 23 reported quarters within Pactolio's tracked window.
What was Tensile Capital Management LP's most recent quarter-over-quarter share-count change in VERX?
Between Q4 2025 and Q1 2026, Tensile Capital Management LP reduced its VERX position by 21,431 shares (-0.6%), leaving 3,398,563 shares at a market value of $40.4M.
Does the implied price-per-share represent Tensile Capital Management LP's cost basis in VERX?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.