# EDGAR Filing Document

**Accession Number:** 0001762344
**File Stem:** 0001420506-23-000534
**Filing Date:** 2023-2
**Character Count:** 13554
**Document Hash:** fe38ec9eb1404e57719d51972ee5e380
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-23-000534.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001420506-23-000534

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Advantage Alpha Capital Partners LP
- **CENTRAL INDEX KEY:** 0001762344
- **IRS NUMBER:** 830663607
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20021
- **FILM NUMBER:** 23623381

**BUSINESS ADDRESS:**
- **STREET 1:** 1160 BATTERY STREET
- **STREET 2:** EAST BUILDING, SUITE 100
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94111
- **BUSINESS PHONE:** 4153437077

**MAIL ADDRESS:**
- **STREET 1:** 1160 BATTERY STREET
- **STREET 2:** EAST BUILDING, SUITE 100
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94111

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Advantage Alpha Capital Partners LP<br>**Address:** 1160 BATTERY STREET<br>EAST BUILDING SUITE 100<br>SAN FRANCISCO, CA 94111

**Form 13F File Number:** 028-20021

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Joseph Welsh<br>**Title:** Chief Compliance Officer<br>**Phone:** 4153437074

**Signature, Place, and Date of Signing:**

Joseph Welsh Chief Compliance Officer  SAN FRANCISCO, CA  02-07-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 101

**Form 13F Information Table Value Total:** $493383000

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADVANCED DRAIN SYS INC DEL | COM | 00790R104 |  | 2044086 | 24937 | SH |  | SOLE |  | 24937 | 0 | 0 |
| AGILON HEALTH INC | COM | 00857U107 |  | 1637645 | 101465 | SH |  | SOLE |  | 101465 | 0 | 0 |
| ALBANY INTL CORP | CL A | 012348108 |  | 6440392 | 65325 | SH |  | SOLE |  | 65325 | 0 | 0 |
| AMEDISYS INC | COM | 023436108 |  | 6216963 | 74419 | SH |  | SOLE |  | 74419 | 0 | 0 |
| AMERESCO INC | CL A | 02361E108 |  | 749163 | 13111 | SH |  | SOLE |  | 13111 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 1231419 | 39736 | SH |  | SOLE |  | 39736 | 0 | 0 |
| APPIAN CORP | PUT | 03782L951 |  | 2311760 | 710 | SH | Put | SOLE |  | 710 | 0 | 0 |
| APPIAN CORP | CL A | 03782L101 |  | 4747964 | 145822 | SH |  | SOLE |  | 145822 | 0 | 0 |
| ARCOSA INC | COM | 039653100 |  | 771900 | 14205 | SH |  | SOLE |  | 14205 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 9555245 | 57586 | SH |  | SOLE |  | 57586 | 0 | 0 |
| BEACON ROOFING SUPPLY INC | COM | 073685109 |  | 3768045 | 71378 | SH |  | SOLE |  | 71378 | 0 | 0 |
| BLACKLINE INC | COM | 09239B109 |  | 2564400 | 38121 | SH |  | SOLE |  | 38121 | 0 | 0 |
| BOOT BARN HLDGS INC | COM | 099406100 |  | 3254354 | 52053 | SH |  | SOLE |  | 52053 | 0 | 0 |
| BRIGHT HORIZONS FAM SOL IN D | COM | 109194100 |  | 2940965 | 46608 | SH |  | SOLE |  | 46608 | 0 | 0 |
| CACTUS INC | CL A | 127203107 |  | 892417 | 17756 | SH |  | SOLE |  | 17756 | 0 | 0 |
| CARTERS INC | COM | 146229109 |  | 2282245 | 30589 | SH |  | SOLE |  | 30589 | 0 | 0 |
| CCC INTELLIGENT SOLUTIONS HL | COM | 12510Q100 |  | 6873470 | 790054 | SH |  | SOLE |  | 790054 | 0 | 0 |
| CERTARA INC | COM | 15687V109 |  | 2433496 | 151431 | SH |  | SOLE |  | 151431 | 0 | 0 |
| CHAMPIONX CORPORATION | COM | 15872M104 |  | 855524 | 29511 | SH |  | SOLE |  | 29511 | 0 | 0 |
| CHOICE HOTELS INTL INC | COM | 169905106 |  | 3373230 | 29947 | SH |  | SOLE |  | 29947 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 1528031 | 11169 | SH |  | SOLE |  | 11169 | 0 | 0 |
| CNX RES CORP | COM | 12653C108 |  | 853788 | 50700 | SH |  | SOLE |  | 50700 | 0 | 0 |
| COGENT COMMUNICATIONS HLDGS | COM NEW | 19239V302 |  | 4068605 | 71279 | SH |  | SOLE |  | 71279 | 0 | 0 |
| CONSTRUCTION PARTNERS INC | COM CL A | 21044C107 |  | 12250737 | 459001 | SH |  | SOLE |  | 459001 | 0 | 0 |
| COUPA SOFTWARE INC | COM | 22266L106 |  | 9280149 | 117218 | SH |  | SOLE |  | 117218 | 0 | 0 |
| COUPA SOFTWARE INC | PUT | 22266L956 |  | 4512690 | 570 | SH | Put | SOLE |  | 570 | 0 | 0 |
| CURTISS WRIGHT CORP | COM | 231561101 |  | 13435013 | 80454 | SH |  | SOLE |  | 80454 | 0 | 0 |
| CVR ENERGY INC | COM | 12662P108 |  | 1322611 | 42202 | SH |  | SOLE |  | 42202 | 0 | 0 |
| DARLING INGREDIENTS INC | COM | 237266101 |  | 8810106 | 140759 | SH |  | SOLE |  | 140759 | 0 | 0 |
| DELEK US HLDGS INC NEW | COM | 24665A103 |  | 1169694 | 43322 | SH |  | SOLE |  | 43322 | 0 | 0 |
| DENBURY INC | COM | 24790A101 |  | 799453 | 9187 | SH |  | SOLE |  | 9187 | 0 | 0 |
| DIGITALOCEAN HLDGS INC | PUT | 25402D952 |  | 4156704 | 1632 | SH | Put | SOLE |  | 1632 | 0 | 0 |
| DIGITALOCEAN HLDGS INC | COM | 25402D102 |  | 4487967 | 176206 | SH |  | SOLE |  | 176206 | 0 | 0 |
| DRIL-QUIP INC | COM | 262037104 |  | 668681 | 24611 | SH |  | SOLE |  | 24611 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 16390512 | 274043 | SH |  | SOLE |  | 274043 | 0 | 0 |
| ENOVIS CORPORATION | COM | 194014502 |  | 9973720 | 186355 | SH |  | SOLE |  | 186355 | 0 | 0 |
| ESAB CORPORATION | COM | 29605J106 |  | 2916244 | 62139 | SH |  | SOLE |  | 62139 | 0 | 0 |
| ESCO TECHNOLOGIES INC | COM | 296315104 |  | 7372181 | 84215 | SH |  | SOLE |  | 84215 | 0 | 0 |
| EVENTBRITE INC | COM CL A | 29975E109 |  | 4983285 | 850390 | SH |  | SOLE |  | 850390 | 0 | 0 |
| EVOQUA WATER TECHNOLOGIES CO | COM | 30057T105 |  | 3080286 | 77785 | SH |  | SOLE |  | 77785 | 0 | 0 |
| FIRST AMERN FINL CORP | COM | 31847R102 |  | 8518230 | 162748 | SH |  | SOLE |  | 162748 | 0 | 0 |
| FIRSTCASH HOLDINGS INC | COM | 33768G107 |  | 17468215 | 200992 | SH |  | SOLE |  | 200992 | 0 | 0 |
| FLOOR  DECOR HLDGS INC | CL A | 339750101 |  | 2043710 | 29351 | SH |  | SOLE |  | 29351 | 0 | 0 |
| FOX FACTORY HLDG CORP | COM | 35138V102 |  | 2690464 | 29491 | SH |  | SOLE |  | 29491 | 0 | 0 |
| GMS INC | COM | 36251C103 |  | 2620127 | 52613 | SH |  | SOLE |  | 52613 | 0 | 0 |
| GROCERY OUTLET HLDG CORP | COM | 39874R101 |  | 4228288 | 144854 | SH |  | SOLE |  | 144854 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 |  | 5516854 | 88185 | SH |  | SOLE |  | 88185 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | PUT | 40171V950 |  | 1814240 | 290 | SH | Put | SOLE |  | 290 | 0 | 0 |
| HEALTHEQUITY INC | COM | 42226A107 |  | 4742643 | 76941 | SH |  | SOLE |  | 76941 | 0 | 0 |
| HELIOS TECHNOLOGIES INC | COM | 42328H109 |  | 2731364 | 50172 | SH |  | SOLE |  | 50172 | 0 | 0 |
| HUBSPOT INC | COM | 443573100 |  | 10985205 | 37994 | SH |  | SOLE |  | 37994 | 0 | 0 |
| HUBSPOT INC | PUT | 443573950 |  | 6216295 | 215 | SH | Put | SOLE |  | 215 | 0 | 0 |
| INGEVITY CORP | COM | 45688C107 |  | 3020045 | 42874 | SH |  | SOLE |  | 42874 | 0 | 0 |
| KIRBY CORP | COM | 497266106 |  | 5217755 | 81084 | SH |  | SOLE |  | 81084 | 0 | 0 |
| LITTELFUSE INC | COM | 537008104 |  | 5370017 | 24387 | SH |  | SOLE |  | 24387 | 0 | 0 |
| LKQ CORP | COM | 501889208 |  | 10066770 | 188481 | SH |  | SOLE |  | 188481 | 0 | 0 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 5276926 | 24411 | SH |  | SOLE |  | 24411 | 0 | 0 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 |  | 1099688 | 46895 | SH |  | SOLE |  | 46895 | 0 | 0 |
| MASONITE INTL CORP | COM | 575385109 |  | 3964077 | 49176 | SH |  | SOLE |  | 49176 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 1251610 | 21866 | SH |  | SOLE |  | 21866 | 0 | 0 |
| MIDDLEBY CORP | COM | 596278101 |  | 4679694 | 57279 | SH |  | SOLE |  | 57279 | 0 | 0 |
| MIDDLEBY CORP | COM | 596278101 |  | 3741166 | 27940 | SH |  | SOLE |  | 27940 | 0 | 0 |
| NATIONAL INSTRS CORP | COM | 636518102 |  | 7353026 | 199269 | SH |  | SOLE |  | 199269 | 0 | 0 |
| NATIONAL VISION HLDGS INC | COM | 63845R107 |  | 3495338 | 90179 | SH |  | SOLE |  | 90179 | 0 | 0 |
| NCINO INC | COM | 63947X101 |  | 6384361 | 241466 | SH |  | SOLE |  | 241466 | 0 | 0 |
| NCINO INC | PUT | 63947X951 |  | 4034744 | 1526 | SH | Put | SOLE |  | 1526 | 0 | 0 |
| OMNICELL COM | COM | 68213N109 |  | 3049402 | 60480 | SH |  | SOLE |  | 60480 | 0 | 0 |
| OVINTIV INC | COM | 69047Q102 |  | 931492 | 18369 | SH |  | SOLE |  | 18369 | 0 | 0 |
| PDC ENERGY INC | COM | 69327R101 |  | 963880 | 15184 | SH |  | SOLE |  | 15184 | 0 | 0 |
| PENNYMAC FINL SVCS INC NEW | COM | 70932M107 |  | 4742385 | 83699 | SH |  | SOLE |  | 83699 | 0 | 0 |
| PLANET FITNESS INC | CL A | 72703H101 |  | 10872272 | 137973 | SH |  | SOLE |  | 137973 | 0 | 0 |
| POWERSCHOOL HOLDINGS INC | COM CL A | 73939C106 |  | 8157903 | 353462 | SH |  | SOLE |  | 353462 | 0 | 0 |
| PRIMO WATER CORPORATION | COM | 74167P108 |  | 9854176 | 634122 | SH |  | SOLE |  | 634122 | 0 | 0 |
| PRIVIA HEALTH GROUP INC | COM | 74276R102 |  | 1423940 | 62701 | SH |  | SOLE |  | 62701 | 0 | 0 |
| QUAKER HOUGHTON | COM | 747316107 |  | 2873517 | 17217 | SH |  | SOLE |  | 17217 | 0 | 0 |
| RADNET INC | COM | 750491102 |  | 7689494 | 408364 | SH |  | SOLE |  | 408364 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 899844 | 35965 | SH |  | SOLE |  | 35965 | 0 | 0 |
| RBC BEARINGS INC | COM | 75524B104 |  | 2502507 | 11938 | SH |  | SOLE |  | 11938 | 0 | 0 |
| RITCHIE BROS AUCTIONEERS | COM | 767744105 |  | 10001740 | 172974 | SH |  | SOLE |  | 172974 | 0 | 0 |
| SEMRUSH HLDGS INC | CL A COM | 81686C104 |  | 2876578 | 353388 | SH |  | SOLE |  | 353388 | 0 | 0 |
| SENSATA TECHNOLOGIES HLDG PL | SHS | G8060N102 |  | 5700929 | 141182 | SH |  | SOLE |  | 141182 | 0 | 0 |
| SIMPSON MFG INC | COM | 829073105 |  | 2291418 | 25845 | SH |  | SOLE |  | 25845 | 0 | 0 |
| SITEONE LANDSCAPE SUPPLY INC | COM | 82982L103 |  | 4190084 | 35715 | SH |  | SOLE |  | 35715 | 0 | 0 |
| SLM CORP | COM | 78442P106 |  | 3737241 | 225135 | SH |  | SOLE |  | 225135 | 0 | 0 |
| SPDR SER TR | S BIOTECH | 78464A870 |  | 14731089 | 177483 | SH |  | SOLE |  | 177483 | 0 | 0 |
| STEVANATO GROUP S P A | ORD SHS | T9224W109 |  | 11472695 | 638436 | SH |  | SOLE |  | 638436 | 0 | 0 |
| TOPBUILD CORP | COM | 89055F103 |  | 2501180 | 15983 | SH |  | SOLE |  | 15983 | 0 | 0 |
| TRINET GROUP INC | COM | 896288107 |  | 2105597 | 31056 | SH |  | SOLE |  | 31056 | 0 | 0 |
| TRUPANION INC | COM | 898202106 |  | 4164151 | 87611 | SH |  | SOLE |  | 87611 | 0 | 0 |
| UFP INDUSTRIES INC | COM | 90278Q108 |  | 2642750 | 33343 | SH |  | SOLE |  | 33343 | 0 | 0 |
| UNIVAR SOLUTIONS INC | COM | 91336L107 |  | 9213891 | 289745 | SH |  | SOLE |  | 289745 | 0 | 0 |
| UPWORK INC | COM | 91688F104 |  | 2867941 | 274707 | SH |  | SOLE |  | 274707 | 0 | 0 |
| VARONIS SYS INC | COM | 922280102 |  | 3723508 | 155535 | SH |  | SOLE |  | 155535 | 0 | 0 |
| WATSCO INC | COM | 942622200 |  | 5748670 | 23050 | SH |  | SOLE |  | 23050 | 0 | 0 |
| WATTS WATER TECHNOLOGIES INC | CL A | 942749102 |  | 4338790 | 29671 | SH |  | SOLE |  | 29671 | 0 | 0 |
| WESCO INTL INC | COM | 95082P105 |  | 8548656 | 68280 | SH |  | SOLE |  | 68280 | 0 | 0 |
| WILLSCOT MOBIL MINI HLDNG CO | COM CL A | 971378104 |  | 10282860 | 227648 | SH |  | SOLE |  | 227648 | 0 | 0 |
| WORKIVA INC | COM CL A | 98139A105 |  | 9140218 | 108851 | SH |  | SOLE |  | 108851 | 0 | 0 |
| WORLD FUEL SVCS CORP | COM | 981475106 |  | 692460 | 25337 | SH |  | SOLE |  | 25337 | 0 | 0 |
| ZETA GLOBAL HOLDINGS CORP | CL A | 98956A105 |  | 3144911 | 384934 | SH |  | SOLE |  | 384934 | 0 | 0 |
| ZURN ELKAY WATER SOLNS CORP | COM | 98983L108 |  | 3768839 | 178204 | SH |  | SOLE |  | 178204 | 0 | 0 |

---