# EDGAR Filing Document

**Accession Number:** 0001316915
**File Stem:** 0000950123-23-002583
**Filing Date:** 2023-2
**Character Count:** 10383
**Document Hash:** 823e70974b00e92c77432e5f8da4d602
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950123-23-002583.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0000950123-23-002583

**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:** Zebra Capital Management LLC
- **CENTRAL INDEX KEY:** 0001316915
- **IRS NUMBER:** 061614133
- **STATE OF INCORPORATION:** CT
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11061
- **FILM NUMBER:** 23628347

**BUSINESS ADDRESS:**
- **STREET 1:** 2187 ATLANTIC STREET
- **STREET 2:** 4TH FLOOR
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902
- **BUSINESS PHONE:** 2038783223

**MAIL ADDRESS:**
- **STREET 1:** 2187 ATLANTIC STREET
- **STREET 2:** 4TH FLOOR
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Zebra Capital Management, LLC
- **DATE OF NAME CHANGE:** 20050207

### 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:** Zebra Capital Management LLC<br>**Address:** 2187 Atlantic Street<br>4th Floor<br>Stamford, CT 06902

**Form 13F File Number:** 028-11061

**CRD Number (if applicable):** 000126285

**SEC File Number (if applicable):** 801-63475

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:** John J. Holmgren Jr.<br>**Title:** President COO CIO<br>**Phone:** (203) 701-5900

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

John J. Holmgren Jr  Stamford, CT  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:** 67

**Form 13F Information Table Value Total:** $28587

      (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 |
| 1ST SOURCE CORP      COM STK | COM | 336901103 |  | 224 | 4213 | SH |  | SOLE |  | 4213 | 0 | 0 |
| ACADIA PHARM | COM | 004225108 |  | 233 | 14618 | SH |  | SOLE |  | 14618 | 0 | 0 |
| ACTAVIS PLC COMMON  STOCK | COM | 29249E109 |  | 594 | 24642 | SH |  | SOLE |  | 24642 | 0 | 0 |
| ALEXNDR  BALDWN | COM | 014491104 |  | 212 | 11298 | SH |  | SOLE |  | 11298 | 0 | 0 |
| ALFACELL CORP        COM STK | COM | 00436Q106 |  | 79 | 10203 | SH |  | SOLE |  | 10203 | 0 | 0 |
| ALKERMES INC         COM STK | COM | G01767105 |  | 540 | 20668 | SH |  | SOLE |  | 20668 | 0 | 0 |
| AMKOR TECHNOLOGY INC COM STK | COM | 031652100 |  | 976 | 40693 | SH |  | SOLE |  | 40693 | 0 | 0 |
| APPLIED INDL TECHNOLOGIES INC | COM | 03820C105 |  | 321 | 2544 | SH |  | SOLE |  | 2544 | 0 | 0 |
| ATLANTICUS HOLDINGS CORP | COM | 04914Y102 |  | 271 | 10361 | SH |  | SOLE |  | 10361 | 0 | 0 |
| AXOGEN INC | COM | 05463X106 |  | 106 | 10612 | SH |  | SOLE |  | 10612 | 0 | 0 |
| BEACON ROOFING SUPPLY INC | COM | 073685109 |  | 512 | 9701 | SH |  | SOLE |  | 9701 | 0 | 0 |
| BRIDGEWATER BANCSHARES | COM | 108621103 |  | 207 | 11663 | SH |  | SOLE |  | 11663 | 0 | 0 |
| CASUAL MALE RETAIL GROUP INC C | COM | 25065K104 |  | 90 | 13313 | SH |  | SOLE |  | 13313 | 0 | 0 |
| CHORD ENERGY GROUP | COM | 674215207 |  | 351 | 2563 | SH |  | SOLE |  | 2563 | 0 | 0 |
| CIVITAS SOLUTIONS INC | COM | 17888H103 |  | 372 | 6417 | SH |  | SOLE |  | 6417 | 0 | 0 |
| COCA COLA BOTTLING CO CONS COM | COM | 191098102 |  | 590 | 1151 | SH |  | SOLE |  | 1151 | 0 | 0 |
| COMMVAULT SYSTEMS   INC | COM | 204166102 |  | 209 | 3325 | SH |  | SOLE |  | 3325 | 0 | 0 |
| CORVEL CORP          COM STK | COM | 221006109 |  | 322 | 2217 | SH |  | SOLE |  | 2217 | 0 | 0 |
| CUSHMAN  WAKEFIELD | COM | G2717B108 |  | 646 | 51861 | SH |  | SOLE |  | 51861 | 0 | 0 |
| DIODES INC           COM STK | COM | 254543101 |  | 457 | 6008 | SH |  | SOLE |  | 6008 | 0 | 0 |
| E.W. SCRIPPS COMPANY (NEW)(OLD | COM | 811054402 |  | 172 | 13054 | SH |  | SOLE |  | 13054 | 0 | 0 |
| EPLUS INC            COM STK | COM | 294268107 |  | 398 | 8978 | SH |  | SOLE |  | 8978 | 0 | 0 |
| GREIF INC  -CL A | COM | 397624206 |  | 574 | 7336 | SH |  | SOLE |  | 7336 | 0 | 0 |
| HALOZYME THERAPEUTICS INC COM | COM | 40637H109 |  | 344 | 6042 | SH |  | SOLE |  | 6042 | 0 | 0 |
| HARMONY BIOSC HOLD INC | COM | 413197104 |  | 243 | 4414 | SH |  | SOLE |  | 4414 | 0 | 0 |
| HOME POINT CAPITAL INC | COM | 43734L106 |  | 48 | 35172 | SH |  | SOLE |  | 35172 | 0 | 0 |
| HUB GROUP INC       CL A COM S | COM | 443320106 |  | 364 | 4580 | SH |  | SOLE |  | 4580 | 0 | 0 |
| INFORMATION SERVICES GROUP | COM | 45675Y104 |  | 62 | 13531 | SH |  | SOLE |  | 13531 | 0 | 0 |
| INNOVAGE HOLD CORP | COM | 45784A104 |  | 565 | 78624 | SH |  | SOLE |  | 78624 | 0 | 0 |
| ITEOS THERAPEUTICS INC | COM | 46565G104 |  | 272 | 13946 | SH |  | SOLE |  | 13946 | 0 | 0 |
| KELLY SERVICES INC  CL A COM S | COM | 488152208 |  | 347 | 20521 | SH |  | SOLE |  | 20521 | 0 | 0 |
| KRONOS WORLDWIDE INC COM STK | COM | 50105F105 |  | 122 | 13009 | SH |  | SOLE |  | 13009 | 0 | 0 |
| LIFETIME BRANDS INC  COM STK | COM | 53222Q103 |  | 86 | 11284 | SH |  | SOLE |  | 11284 | 0 | 0 |
| MADDEN STEVEN LTD    COM STK | COM | 556269108 |  | 212 | 6642 | SH |  | SOLE |  | 6642 | 0 | 0 |
| MAGNOLIA OIL  GAS CORP | COM | 559663109 |  | 232 | 9904 | SH |  | SOLE |  | 9904 | 0 | 0 |
| MATADOR RESOURCES CO | COM | 576485205 |  | 384 | 6706 | SH |  | SOLE |  | 6706 | 0 | 0 |
| MERCHANTS BANCORP | COM | 58844R108 |  | 350 | 14383 | SH |  | SOLE |  | 14383 | 0 | 0 |
| MGE ENERGY INC       COM STK | COM | 55277P104 |  | 310 | 4397 | SH |  | SOLE |  | 4397 | 0 | 0 |
| MOTOROLA MOBILITY HOLDINGS | COM | 566324109 |  | 431 | 12523 | SH |  | SOLE |  | 12523 | 0 | 0 |
| MUELLER INDUSTRIES INC | COM | 624756102 |  | 275 | 4665 | SH |  | SOLE |  | 4665 | 0 | 0 |
| NATIONAL WESTERN LIFE INSURANC | COM | 638517102 |  | 554 | 1973 | SH |  | SOLE |  | 1973 | 0 | 0 |
| NEXTGEN HEALTHCARE INC      CO | COM | 65343C102 |  | 336 | 17905 | SH |  | SOLE |  | 17905 | 0 | 0 |
| OFFICE DEPOT INC     COM STK | COM | 88337F105 |  | 895 | 19656 | SH |  | SOLE |  | 19656 | 0 | 0 |
| OLYMPIC STEEL INC    COM STK | COM | 68162K106 |  | 300 | 8942 | SH |  | SOLE |  | 8942 | 0 | 0 |
| ONEBEACON INSURANCE GROUP LTD | COM | 69002R103 |  | 92 | 25513 | SH |  | SOLE |  | 25513 | 0 | 0 |
| OSI SYSTEMS INC      COM STK | COM | 671044105 |  | 249 | 3137 | SH |  | SOLE |  | 3137 | 0 | 0 |
| OTTER TAIL CORP      COM STK | COM | 689648103 |  | 630 | 10724 | SH |  | SOLE |  | 10724 | 0 | 0 |
| PATTERSON CO | COM | 703395103 |  | 817 | 29158 | SH |  | SOLE |  | 29158 | 0 | 0 |
| PC CONNECTION INC    COM STK | COM | 69318J100 |  | 642 | 13693 | SH |  | SOLE |  | 13693 | 0 | 0 |
| POTLATCH HOLDINGS   INC COM | COM | 737630103 |  | 388 | 8821 | SH |  | SOLE |  | 8821 | 0 | 0 |
| RADIANT LOGISTICS INC | COM | 75025X100 |  | 62 | 12112 | SH |  | SOLE |  | 12112 | 0 | 0 |
| RIMINI STREET INC | COM | 76674Q107 |  | 67 | 17551 | SH |  | SOLE |  | 17551 | 0 | 0 |
| RMR GROUP INC | COM | 74967R106 |  | 286 | 10125 | SH |  | SOLE |  | 10125 | 0 | 0 |
| RPC INC              COM STK | COM | 749660106 |  | 207 | 23235 | SH |  | SOLE |  | 23235 | 0 | 0 |
| RUSH ENTERPRISE     CL B | COM | 781846308 |  | 409 | 7266 | SH |  | SOLE |  | 7266 | 0 | 0 |
| RUSH ENTERPRISES INCCL A COM S | COM | 781846209 |  | 464 | 8876 | SH |  | SOLE |  | 8876 | 0 | 0 |
| SCANSOURCE INC       COM STK | COM | 806037107 |  | 652 | 22329 | SH |  | SOLE |  | 22329 | 0 | 0 |
| TRAVELCENTRS | COM | 89421B109 |  | 527 | 11778 | SH |  | SOLE |  | 11778 | 0 | 0 |
| UNITED STATES CELLULAR CORP CO | COM | 911684108 |  | 257 | 12326 | SH |  | SOLE |  | 12326 | 0 | 0 |
| UNIVERSAL FST PRODS INC COM ST | COM | 90278Q108 |  | 714 | 9005 | SH |  | SOLE |  | 9005 | 0 | 0 |
| URBAN ONE INC | COM | 91705J204 |  | 39 | 10437 | SH |  | SOLE |  | 10437 | 0 | 0 |
| VANGUARD SMALL CAP ETF | COM | 922908751 |  | 2226 | 12130 | SH |  | SOLE |  | 12130 | 0 | 0 |
| VANGUARD STOCK MARKET ETF | COM | 922908769 |  | 2222 | 11620 | SH |  | SOLE |  | 11620 | 0 | 0 |
| VIR BIOTECHNOLOGY INC | COM | 92764N102 |  | 948 | 37449 | SH |  | SOLE |  | 37449 | 0 | 0 |
| WEATHERFORD INTL PLC | COM | G48833118 |  | 939 | 18434 | SH |  | SOLE |  | 18434 | 0 | 0 |
| WEIS MARKETS INC     COM STK | COM | 948849104 |  | 405 | 4916 | SH |  | SOLE |  | 4916 | 0 | 0 |
| ZYNEX INC | COM | 98986M103 |  | 157 | 11309 | SH |  | SOLE |  | 11309 | 0 | 0 |

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