CIK 1089755
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Machinery | 15.06% | 5 |
| Chemicals | 12.69% | 4 |
| Specialty Retail | 12.49% | 3 |
| Automobiles & Components | 9.37% | 4 |
| Food Products | 6.99% | 1 |
| Paper & Forest Products | 5.12% | 1 |
| Technology Hardware & Equipment | 5.02% | 1 |
| Banks | 4.95% | 1 |
| Health Care Providers & Services | 4.78% | 1 |
| Transportation Infrastructure | 4.76% | 1 |
| Metals & Mining | 4.30% | 1 |
| Health Care Equipment & Supplies | 4.05% | 1 |
| Commercial Services & Supplies | 2.57% | 2 |
| Beverages | 2.50% | 1 |
| Semiconductors & Semiconductor Equipment | 2.20% | 1 |
| Electrical Equipment & Components | 1.38% | 1 |
| Distributors | 0.98% | 1 |
| Capital Markets | 0.77% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | DAR | DARLING INGREDIENTS INC. | Consumer Staples | 6.99% |
| 2 | MUSA | Murphy USA Inc. | Consumer Discretionary | 6.07% |
| 3 | BOOT | Boot Barn Holdings, Inc. | Consumer Discretionary | 5.78% |
| 4 | LPX | LOUISIANA-PACIFIC CORP | Materials | 5.12% |
| 5 | EXTR | EXTREME NETWORKS INC | Information Technology | 5.02% |
| 6 | LOB | Live Oak Bancshares, Inc. | Financials | 4.95% |
| 7 | USPH | U S PHYSICAL THERAPY INC /NV | Health Care | 4.78% |
| 8 | BCO | BRINKS CO | Industrials | 4.76% |
| 9 | CXT | Crane NXT, Co. | Industrials | 4.61% |
| 10 | BDC | BELDEN INC. | Materials | 4.30% |
31/31 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 100.0%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 90.9% of book weight (28/31 names) · unclassified 9.1%: EXTR, NGVT, APG. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | DARDARLING INGREDIENTS INC | 780,110 | $48M | 7.0% | TRIM −31% |
| 2 | MUSAMURPHY USA INC | 84,797 | $42M | 6.1% | TRIM −8% |
| 3 | BOOTBOOT BARN HLDGS INC | 272,348 | $40M | 5.8% | ADD 41% |
| 4 | LPXLOUISIANA PAC CORP | 485,869 | $35M | 5.1% | ADD 6% |
| 5 | EXTREXTREME NETWORKS INC | 2,297,933 | $35M | 5.0% | ADD 17% |
| 6 | LOBLIVE OAK BANCSHARES INC | 1,033,539 | $34M | 5.0% | HOLD |
| 7 | USPHU S PHYSICAL THERAPY | 439,904 | $33M | 4.8% | TRIM −8% |
| 8 | BCOBRINKS CO | 316,643 | $33M | 4.8% | TRIM −24% |
| 9 | CXTCRANE NXT CO | 783,808 | $32M | 4.6% | ADD 17% |
| 10 | BDCBELDEN INC | 258,377 | $30M | 4.3% | TRIM −8% |
| 11 | AGCOAGCO CORP | 247,276 | $29M | 4.2% | TRIM −8% |
| 12 | MSAMSA SAFETY INC | 170,520 | $28M | 4.1% | TRIM −8% |
| 13 | AWIARMSTRONG WORLD INDS INC NEW | 168,278 | $28M | 4.0% | HOLD |
| 14 | DORMDORMAN PRODS INC | 246,521 | $26M | 3.7% | ADD 29% |
| 15 | EPACENERPAC TOOL GROUP CORP | 664,874 | $24M | 3.5% | ADD 11% |
| 16 | MODMODINE MFG CO | 110,286 | $24M | 3.5% | TRIM −56% |
| 17 | CSWCSW INDUSTRIALS INC | 88,336 | $23M | 3.3% | ADD 32% |
| 18 | SCLSTEPAN CO | 378,799 | $19M | 2.7% | TRIM −7% |
| 19 | NGVTINGEVITY CORP | 251,051 | $18M | 2.6% | TRIM −8% |
| 20 | SAMBOSTON BEER INC | 74,816 | $17M | 2.5% | HOLD |
| 21 | AEISADVANCED ENERGY INDS | 47,108 | $15M | 2.2% | TRIM −62% |
| 22 | KAIKADANT INC | 43,018 | $13M | 1.8% | TRIM −4% |
| 23 | THOTHOR INDS INC | 131,107 | $10M | 1.5% | TRIM −8% |
| 24 | APGAPI GROUP CORP | 255,298 | $10M | 1.5% | HOLD |
| 25 | GNRCGENERAC HLDGS INC | 48,743 | $10M | 1.4% | TRIM −13% |
| 26 | BRBROADRIDGE FINL SOLUTIONS IN | 45,254 | $7M | 1.1% | HOLD |
| 27 | WSOWATSCO INC | 18,646 | $7M | 1.0% | HOLD |
| 28 | VMIVALMONT INDS INC | 16,597 | $7M | 1.0% | TRIM −18% |
| 29 | SEICSEI INVTS CO | 67,403 | $5M | 0.8% | HOLD |
| 30 | OSKOSHKOSH CORP | 30,980 | $5M | 0.7% | ADD 54% |
| 31 | FNDFLOOR & DECOR HLDGS INC | 87,374 | $4M | 0.6% | ADD 16% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| DARDARLING INGREDIENTS INC | 1.6M | 1.4M | 1.3M | 1.2M | 1.1M | 780K | $48M |
| MUSAMURPHY USA INC | 70K | 66K | 75K | 96K | 92K | 85K | $42M |
| BOOTBOOT BARN HLDGS INC | 301K | 349K | 263K | 216K | 193K | 272K | $40M |
| LPXLOUISIANA PAC CORP | 484K | 458K | 433K | 428K | 457K | 486K | $35M |
| EXTREXTREME NETWORKS INC | — | 584K | 1.1M | 1.3M | 2.0M | 2.3M | $35M |
| LOBLIVE OAK BANCSHARES INC | 797K | 872K | 900K | 894K | 1.0M | 1.0M | $34M |
| USPHU S PHYSICAL THERAPY | 572K | 544K | 508K | 505K | 480K | 440K | $33M |
| BCOBRINKS CO | 598K | 570K | 485K | 479K | 416K | 317K | $33M |
| CXTCRANE NXT CO | — | — | 320K | 552K | 668K | 784K | $32M |
| BDCBELDEN INC | 475K | 444K | 320K | 292K | 281K | 258K | $30M |
| AGCOAGCO CORP | 410K | 400K | 352K | 256K | 270K | 247K | $29M |
| MSAMSA SAFETY INC | — | — | 140K | 170K | 186K | 171K | $28M |
| AWIARMSTRONG WORLD INDS INC NEW | 249K | 234K | 177K | 175K | 167K | 168K | $28M |
| DORMDORMAN PRODS INC | 253K | 223K | 228K | 200K | 191K | 247K | $26M |
| EPACENERPAC TOOL GROUP CORP | 843K | 697K | 492K | 632K | 601K | 665K | $24M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
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