UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
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:
NORTH RUN CAPITAL, LP
Address:
867 BOYLSTON STREET
5TH FLOOR, #1361
BOSTON, MA 02116
Form 13F File Number:
028-11182

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:
Thomas B. Ellis and Todd B. Hammer, Members of North Run Advisors, LLC,
Title:
the General Partner of North Run Capital, LP
Phone:
617.310.6130


Signature, Place, and Date of Signing:

/s/ Michael Fisher, Attorney-in-Fact, Pursuant to Power of Attorney dated 2/15/18
                         [Signature]
Boston, MASSACHUSETTS
                 [City, State]
02-14-2023
                           [Date]
                          

Report Type (Check only one.):

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

☐ 13F NOTICE. (Check here if no holdings reported are 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:
25
Form 13F Information table Value Total:
43536359
          (thousands)

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


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
AIRGAIN INCCOM00938A1042,576,665395,801SHSOLE395,801 0 0
BROOKDALE SR LIVING INCCOM112463104400,355146,650SHSOLE146,650 0 0
CHARAH SOLUTIONS INCCOM15957P303499,60892,520SHSOLE92,520 0 0
CONSTELLIUM SECL A SHSF211071011,102,79393,220SHSOLE93,220 0 0
CYBERARK SOFTWARE LTDSHSM2682V108818,7406,315SHSOLE6,315 0 0
INVACARE CORPCOM461203101186,367443,730SHSOLE443,730 0 0
KALEYRA INC*W EXP 11/25/2024833791112,70540,372SHSOLE40,372 0 0
KALEYRA INCCOM483379103986,1291,305,958SHSOLE1,305,958 0 0
LENSAR INCCOM52634L1083,245,3621,096,406SHSOLE1,096,406 0 0
MAGNACHIP SEMICONDUCTOR CORPCOM55933J203592,60363,110SHSOLE63,110 0 0
MAXCYTE INCCOM57777K1062,467,702451,960SHSOLE451,960 0 0
NEW RELIC INCCOM64829B100801,59014,200SHSOLE14,200 0 0
OLO INCCL A68134L1091,184,500189,520SHSOLE189,520 0 0
PEGASYSTEMS INCCOM7055731032,257,44365,930SHSOLE65,930 0 0
PFSWEB INCCOM NEW717098206168,08027,330SHSOLE27,330 0 0
POWERFLEET INCCOM73931J1097,248,5982,694,646SHSOLE2,694,646 0 0
SAFEGUARD SCIENTIFICS INCCOM NEW786449207860,957277,728SHSOLE277,728 0 0
SANARA MEDTECH INCCOM79957L1001,092,00024,000SHSOLE24,000 0 0
SCULPTOR CAP MGMTCOM CL A8112461071,940,758224,106SHSOLE224,106 0 0
SEQUANS COMMUNICATIONS S ASPONSORED ADS8173232074,216,5131,270,034SHSOLE1,270,034 0 0
SILICOM LTDORDM841161082,420,33757,422SHSOLE57,422 0 0
SIMILARWEB LTDSHSM841371042,411,250375,000SHSOLE375,000 0 0
STEREOTAXIS INCCOM NEW85916J409668,093322,750SHSOLE322,750 0 0
SUMO LOGIC INCCOM86646P1032,466,531304,510SHSOLE304,510 0 0
VARONIS SYS INCCOM9222801022,920,680122,000SHSOLE122,000 0 0