CIK 1541536
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 |
|---|---|---|
| Banks | 14.16% | 20 |
| Unclassified | 13.82% | 4 |
| Health Care Equipment & Supplies | 10.92% | 2 |
| Metals & Mining | 9.27% | 2 |
| Aerospace & Defense | 8.91% | 3 |
| Machinery | 7.14% | 1 |
| Leisure Products | 6.29% | 1 |
| Household Durables | 5.99% | 1 |
| Commercial Services & Supplies | 5.32% | 2 |
| Media & Entertainment | 3.92% | 2 |
| Marine | 3.70% | 1 |
| Technology Hardware & Equipment | 3.02% | 1 |
| Textiles, Apparel & Luxury Goods | 2.90% | 1 |
| Insurance | 1.87% | 3 |
| Distributors | 1.51% | 1 |
| Chemicals | 0.53% | 1 |
| Software & IT Services | 0.46% | 1 |
| Media & Publishing | 0.25% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | GLDD | GREAT LAKES DREDGE & DOCK CO | Unclassified | 11.30% |
| 2 | TG | TREDEGAR CORP | Materials | 8.55% |
| 3 | INFU | InfuSystem Holdings, Inc | Health Care | 7.17% |
| 4 | EML | EASTERN CO | Industrials | 7.14% |
| 5 | ESCA | ESCALADE INC | Consumer Discretionary | 6.29% |
| 6 | VIRC | VIRCO MFG CORPORATION | Consumer Discretionary | 5.99% |
| 7 | DLHC | DLH Holdings Corp. | Industrials | 4.18% |
| 8 | SIF | SIFCO INDUSTRIES INC | Industrials | 4.13% |
| 9 | UTMD | UTAH MEDICAL PRODUCTS INC | Health Care | 3.75% |
| 10 | NVGS | Navigator Holdings Ltd. | Industrials | 3.70% |
44/48 names classified · sector 86.2% of weight · industry 86.2% · mkt cap 81.6%; 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: 86.2% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 71.3% of book weight (34/48 names) · unclassified 28.7%: GLDD, SIF, NVGS, SSP, CRD.B, CTGO, CPBI, DGICA, UIS, LSBK +4 more. 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 | GLDDGREAT LAKES DREDGE & DOCK CO | 1,029,703 | $18M | 11.3% | TRIM −26% |
| 2 | TGTREDEGAR CORP | 1,665,607 | $13M | 8.5% | HOLD |
| 3 | INFUINFUSYSTEM HLDGS INC | 1,204,105 | $11M | 7.2% | ADD 12% |
| 4 | EMLEASTERN CO | 546,402 | $11M | 7.1% | ADD 3% |
| 5 | ESCAESCALADE INC | 567,621 | $10M | 6.3% | HOLD |
| 6 | VIRCVIRCO MFG CO | 1,517,452 | $9M | 6.0% | ADD 5% |
| 7 | DLHCDLH HLDGS CORP | 1,113,037 | $6M | 4.2% | HOLD |
| 8 | SIFSIFCO INDS INC | 480,650 | $6M | 4.1% | HOLD |
| 9 | UTMDUTAH MED PRODS INC | 93,615 | $6M | 3.7% | HOLD |
| 10 | NVGSNAVIGATOR HLDGS LTD | 296,212 | $6M | 3.7% | HOLD |
| 11 | SSPSCRIPPS E W CO OHIO | 1,526,490 | $6M | 3.7% | ADD 10% |
| 12 | ATROASTRONICS CORP | 70,340 | $5M | 3.0% | TRIM −31% |
| 13 | KEQUKEWAUNEE SCIENTIFIC CORP | 136,705 | $5M | 3.0% | ADD 12% |
| 14 | UFIUNIFI INC | 1,258,626 | $4M | 2.9% | ADD 3% |
| 15 | CACCAMDEN NATL CORP | 89,568 | $4M | 2.7% | HOLD |
| 16 | PBHCPATHFINDER BANCORP INC MD | 262,204 | $3M | 2.2% | HOLD |
| 17 | CRD.BCRAWFORD & CO | 288,178 | $3M | 1.9% | HOLD |
| 18 | RAILFREIGHTCAR AMER INC | 341,023 | $3M | 1.8% | ADD 28% |
| 19 | FSTRFOSTER L B CO | 83,965 | $2M | 1.5% | HOLD |
| 20 | KELYAKELLY SVCS INC | 199,796 | $2M | 1.1% | ADD 242% |
| 21 | MPBMID PENN BANCORP INC | 54,177 | $2M | 1.1% | HOLD |
| 22 | NODKNI HLDGS INC | 129,900 | $2M | 1.1% | HOLD |
| 23 | CFGCITIZENS FINL GROUP INC | 21,485 | $1M | 0.8% | HOLD |
| 24 | EBCEASTERN BANKSHARES INC | 62,576 | $1M | 0.8% | HOLD |
| 25 | CTGOCONTANGO ORE INC | 59,647 | $1M | 0.7% | TRIM −22% |
| 26 | FNBF N B CORP | 64,075 | $1M | 0.7% | HOLD |
| 27 | CZNCCITIZENS & NORTHN CORP | 42,900 | $958,386 | 0.6% | HOLD |
| 28 | FRMEFIRST MERCHANTS CORP | 23,662 | $916,430 | 0.6% | ADD 140% |
| 29 | NWFLNORWOOD FINANCIAL CORP | 28,580 | $840,824 | 0.5% | ADD 109% |
| 30 | CPBICENTRAL PLAINS BANCSHARES IN | 49,117 | $840,392 | 0.5% | HOLD |
| 31 | ECBKECB BANCORP INC | 49,940 | $835,496 | 0.5% | HOLD |
| 32 | FMCF M C CORP | 48,000 | $826,560 | 0.5% | HOLD |
| 33 | DGICADONEGAL GROUP INC | 46,490 | $798,699 | 0.5% | HOLD |
| 34 | MBBCMARATHON BANCORP INC | 58,976 | $797,946 | 0.5% | HOLD |
| 35 | UISUNISYS CORP | 345,347 | $714,868 | 0.5% | HOLD |
| 36 | LSBKLAKE SHORE BANCORP INC | 44,259 | $671,852 | 0.4% | HOLD |
| 37 | FRBAFIRST BK WILLIAMSTOWN NEW JE | 41,143 | $658,288 | 0.4% | HOLD |
| 38 | CLBKCOLUMBIA FINL INC | 33,794 | $591,733 | 0.4% | HOLD |
| 39 | HBNCHORIZON BANCORP INC | 35,052 | $580,816 | 0.4% | HOLD |
| 40 | NWBINORTHWEST BANCSHARES INC MD | 38,000 | $482,220 | 0.3% | HOLD |
| 41 | FCFFIRST COMWLTH FINL CORP PA | 25,560 | $449,345 | 0.3% | HOLD |
| 42 | EBMTEAGLE BANCORP MONT INC | 21,098 | $434,197 | 0.3% | HOLD |
| 43 | PRAPROASSURANCE CORP | 17,234 | $426,024 | 0.3% | HOLD |
| 44 | RMBIRICHMOND MUT BANCORPORATION | 30,224 | $410,140 | 0.3% | HOLD |
| 45 | THRYTHRYV HLDGS INC | 144,329 | $395,461 | 0.3% | TRIM −3% |
| 46 | DLXDELUXE CORP MEDIUM TERM NTS | 13,900 | $382,806 | 0.2% | HOLD |
| 47 | DGICBDONEGAL GROUP INC | 17,856 | $315,873 | 0.2% | HOLD |
| 48 | ASRVAMERISERV FINL INC | 58,200 | $210,684 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| GLDDGREAT LAKES DREDGE & DOCK CO | 1.3M | 1.4M | 1.4M | 1.4M | 1.4M | 1.0M | $18M |
| TGTREDEGAR CORP | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | $13M |
| INFUINFUSYSTEM HLDGS INC | 847K | 911K | 995K | 1.0M | 1.1M | 1.2M | $11M |
| EMLEASTERN CO | 501K | 506K | 525K | 530K | 529K | 546K | $11M |
| ESCAESCALADE INC | 538K | 538K | 538K | 550K | 568K | 568K | $10M |
| VIRCVIRCO MFG CO | 1.2M | 1.2M | 1.3M | 1.4M | 1.4M | 1.5M | $9M |
| DLHCDLH HLDGS CORP | 848K | 1.0M | 1.1M | 1.1M | 1.1M | 1.1M | $6M |
| SIFSIFCO INDS INC | 467K | 467K | 467K | 467K | 489K | 481K | $6M |
| UTMDUTAH MED PRODS INC | 78K | 87K | 93K | 93K | 94K | 94K | $6M |
| NVGSNAVIGATOR HLDGS LTD | 306K | 301K | 301K | 301K | 301K | 296K | $6M |
| SSPSCRIPPS E W CO OHIO | 1.2M | 1.3M | 1.3M | 1.4M | 1.4M | 1.5M | $6M |
| ATROASTRONICS CORP | 463K | 463K | 256K | 195K | 102K | 70K | $5M |
| KEQUKEWAUNEE SCIENTIFIC CORP | 109K | 74K | 77K | 80K | 122K | 137K | $5M |
| UFIUNIFI INC | 855K | 908K | 1.1M | 1.2M | 1.2M | 1.3M | $4M |
| CACCAMDEN NATL CORP | 90K | 90K | 90K | 90K | 90K | 90K | $4M |
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.
