# EDGAR Filing Document

**Accession Number:** 0001787596
**File Stem:** 0001172661-23-000930
**Filing Date:** 2023-2
**Character Count:** 10867
**Document Hash:** 20746fd93da2857bd750b7fc3254dde9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-23-000930.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001172661-23-000930

**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:** Aperture Investors, LLC
- **CENTRAL INDEX KEY:** 0001787596
- **IRS NUMBER:** 824044752
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19819
- **FILM NUMBER:** 23623809

**BUSINESS ADDRESS:**
- **STREET 1:** 250 W 55TH STREET, FLOOR 30
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 2125215180

**MAIL ADDRESS:**
- **STREET 1:** 250 W 55TH STREET, FLOOR 30
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

### 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:** Aperture Investors LLC<br>**Address:** 250 W 55th Street Floor 30<br>New York, NY 10019

**Form 13F File Number:** 028-19819

**CRD Number (if applicable):** 000295468

**SEC File Number (if applicable):** 801-113983

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:** Ryan MacDonald<br>**Title:** Chief Compliance Officer<br>**Phone:** 212-521-5193

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

/s/ Ryan MacDonald  New York, NY  02-14-2023<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:** 72

**Form 13F Information Table Value Total:** $613722743

      (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

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|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 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 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 8098531 | 105794 | SH |  | SOLE |  | 105794 | 0 | 0 |
| ALCON AG | ORD SHS | H01301128 |  | 693315 | 10114 | SH |  | SOLE |  | 10114 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 3022104 | 34307 | SH |  | SOLE |  | 34307 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 5167764 | 61521 | SH |  | SOLE |  | 61521 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 7391848 | 24628 | SH |  | SOLE |  | 24628 | 0 | 0 |
| ATKORE INC | COM | 047649108 |  | 11485590 | 101266 | SH |  | SOLE |  | 101266 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 1667475 | 9916 | SH |  | SOLE |  | 9916 | 0 | 0 |
| COCA-COLA EUROPACIFIC PARTNE | SHS | G25839104 |  | 7727042 | 139679 | SH |  | SOLE |  | 139679 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 2763619 | 11925 | SH |  | SOLE |  | 11925 | 0 | 0 |
| DESCARTES SYS GROUP INC | COM | 249906108 |  | 26807660 | 384945 | SH |  | SOLE |  | 384945 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 |  | 1384132 | 9786 | SH |  | SOLE |  | 9786 | 0 | 0 |
| DOUBLEVERIFY HLDGS INC | COM | 25862V105 |  | 27155846 | 1236605 | SH |  | SOLE |  | 1236605 | 0 | 0 |
| DRIVEN BRANDS HLDGS INC | COM | 26210V102 |  | 20164120 | 738342 | SH |  | SOLE |  | 738342 | 0 | 0 |
| ENPRO INDS INC | COM | 29355X107 |  | 17969609 | 165329 | SH |  | SOLE |  | 165329 | 0 | 0 |
| FEDERAL SIGNAL CORP | COM | 313855108 |  | 4338857 | 93369 | SH |  | SOLE |  | 93369 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 2002714 | 52703 | SH |  | SOLE |  | 52703 | 0 | 0 |
| FULL TRUCK ALLIANCE CO LTD | SPONSORED ADS | 35969L108 |  | 937944 | 117243 | SH |  | SOLE |  | 117243 | 0 | 0 |
| GXO LOGISTICS INCORPORATED | COMMON STOCK | 36262G101 |  | 1965789 | 46048 | SH |  | SOLE |  | 46048 | 0 | 0 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 3564982 | 52112 | SH |  | SOLE |  | 52112 | 0 | 0 |
| HILLMAN SOLUTIONS CORP | COM | 431636109 |  | 12006027 | 1665191 | SH |  | SOLE |  | 1665191 | 0 | 0 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 6990812 | 319361 | SH |  | SOLE |  | 319361 | 0 | 0 |
| INGEVITY CORP | COM | 45688C107 |  | 27310292 | 387710 | SH |  | SOLE |  | 387710 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 2887961 | 45195 | SH |  | SOLE |  | 45195 | 0 | 0 |
| JD.COM INC | SPON ADR CL A | 47215P106 |  | 3109827 | 55404 | SH |  | SOLE |  | 55404 | 0 | 0 |
| LINDBLAD EXPEDITIONS HLDGS I | COM | 535219109 |  | 12808311 | 1663417 | SH |  | SOLE |  | 1663417 | 0 | 0 |
| LINDE PLC | SHS | G5494J103 |  | 8348869 | 25533 | SH |  | SOLE |  | 25533 | 0 | 0 |
| LITHIA MTRS INC | COM | 536797103 |  | 929929 | 4542 | SH |  | SOLE |  | 4542 | 0 | 0 |
| MALIBU BOATS INC | COM CL A | 56117J100 |  | 15218962 | 285534 | SH |  | SOLE |  | 285534 | 0 | 0 |
| MARATHON OIL CORP | COM | 565849106 |  | 3745838 | 138376 | SH |  | SOLE |  | 138376 | 0 | 0 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 3895104 | 11525 | SH |  | SOLE |  | 11525 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 5302758 | 68229 | SH |  | SOLE |  | 68229 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 3796607 | 31549 | SH |  | SOLE |  | 31549 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 7062219 | 29448 | SH |  | SOLE |  | 29448 | 0 | 0 |
| MONTROSE ENVIRONMENTAL GROUP | COM | 615111101 |  | 32839234 | 739789 | SH |  | SOLE |  | 739789 | 0 | 0 |
| NEW ORIENTAL ED  TECHNOLOGY | SPON ADR | 647581206 |  | 1439598 | 41344 | SH |  | SOLE |  | 41344 | 0 | 0 |
| NEW YORK TIMES CO | CL A | 650111107 |  | 17322149 | 533646 | SH |  | SOLE |  | 533646 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 3839054 | 28366 | SH |  | SOLE |  | 28366 | 0 | 0 |
| OPTION CARE HEALTH INC | COM NEW | 68404L201 |  | 20043852 | 666130 | SH |  | SOLE |  | 666130 | 0 | 0 |
| PERIMETER SOLUTIONS SA | COMMON STOCK | L7579L106 |  | 2860820 | 313000 | SH |  | SOLE |  | 313000 | 0 | 0 |
| PERIMETER SOLUTIONS SA | COMMON STOCK | L7579L106 |  | 3656000 | 400000 | SH | Call | SOLE |  | 400000 | 0 | 0 |
| PINDUODUO INC | SPONSORED ADS | 722304102 |  | 928528 | 11386 | SH |  | SOLE |  | 11386 | 0 | 0 |
| PROGYNY INC | COM | 74340E103 |  | 21454438 | 688746 | SH |  | SOLE |  | 688746 | 0 | 0 |
| PURECYCLE TECHNOLOGIES INC | *W EXP 03/17/202 | 74623V111 |  | 569964 | 197904 | SH |  | SOLE |  | 197904 | 0 | 0 |
| RH | COM | 74967X103 |  | 2535900 | 9491 | SH |  | SOLE |  | 9491 | 0 | 0 |
| RXO INC | COMMON STOCK | 74982T103 |  | 3078284 | 178970 | SH |  | SOLE |  | 178970 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 4995965 | 14916 | SH |  | SOLE |  | 14916 | 0 | 0 |
| SAP SE | SPON ADR | 803054204 |  | 679919 | 6589 | SH |  | SOLE |  | 6589 | 0 | 0 |
| SBA COMMUNICATIONS CORP NEW | CL A | 78410G104 |  | 2721249 | 9708 | SH |  | SOLE |  | 9708 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 5511493 | 14195 | SH |  | SOLE |  | 14195 | 0 | 0 |
| SILICON MOTION TECHNOLOGY CO | SPONSORED ADR | 82706C108 |  | 860338 | 13238 | SH |  | SOLE |  | 13238 | 0 | 0 |
| SITEONE LANDSCAPE SUPPLY INC | COM | 82982L103 |  | 21647065 | 184513 | SH |  | SOLE |  | 184513 | 0 | 0 |
| SIX FLAGS ENTMT CORP NEW | COM | 83001A102 |  | 594596 | 25574 | SH |  | SOLE |  | 25574 | 0 | 0 |
| SKYLINE CHAMPION CORPORATION | COM | 830830105 |  | 23788451 | 461822 | SH |  | SOLE |  | 461822 | 0 | 0 |
| SONY GROUP CORPORATION | SPONSORED ADR | 835699307 |  | 12082142 | 158392 | SH |  | SOLE |  | 158392 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1255900 | 3284 | SH |  | SOLE |  | 3284 | 0 | 0 |
| SPROUT SOCIAL INC | COM CL A | 85209W109 |  | 24036829 | 425732 | SH |  | SOLE |  | 425732 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 3891655 | 274078 | SH |  | SOLE |  | 274078 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 5277542 | 70849 | SH |  | SOLE |  | 70849 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 697724 | 1267 | SH |  | SOLE |  | 1267 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 11643940 | 83171 | SH |  | SOLE |  | 83171 | 0 | 0 |
| TREX CO INC | COM | 89531P105 |  | 19734500 | 466206 | SH |  | SOLE |  | 466206 | 0 | 0 |
| UNIVAR SOLUTIONS INC | COM | 91336L107 |  | 2778748 | 87382 | SH |  | SOLE |  | 87382 | 0 | 0 |
| VAIL RESORTS INC | COM | 91879Q109 |  | 27847146 | 116833 | SH |  | SOLE |  | 116833 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 51040 | 2200 | SH | Call | SOLE |  | 2200 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 7501882 | 323357 | SH |  | SOLE |  | 323357 | 0 | 0 |
| WESCO INTL INC | COM | 95082P105 |  | 20729865 | 165574 | SH |  | SOLE |  | 165574 | 0 | 0 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 678028 | 5900 | SH | Put | SOLE |  | 5900 | 0 | 0 |
| WILLSCOT MOBIL MINI HLDNG CO | COM CL A | 971378104 |  | 10338826 | 228887 | SH |  | SOLE |  | 228887 | 0 | 0 |
| XOMETRY INC | CLASS A COM | 98423F109 |  | 12916753 | 400768 | SH |  | SOLE |  | 400768 | 0 | 0 |
| XPO INC | COM | 983793100 |  | 1114283 | 33472 | SH |  | SOLE |  | 33472 | 0 | 0 |
| YANDEX N V | SHS CLASS A | N97284108 |  | 392873 | 62824 | SH |  | SOLE |  | 62824 | 0 | 0 |
| YETI HLDGS INC | COM | 98585X104 |  | 11663713 | 282346 | SH |  | SOLE |  | 282346 | 0 | 0 |

---