CIK 1591546
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 | 27.81% | 32 |
| Commercial Services & Supplies | 7.79% | 12 |
| Machinery | 4.35% | 10 |
| Automobiles & Components | 4.31% | 5 |
| Insurance | 4.21% | 4 |
| Specialty Retail | 3.92% | 6 |
| Unclassified | 3.87% | 3 |
| Professional Services | 3.57% | 5 |
| Equity Real Estate Investment Trusts (REITs) | 2.95% | 5 |
| Metals & Mining | 2.76% | 2 |
| Semiconductors & Semiconductor Equipment | 2.69% | 5 |
| Oil, Gas & Consumable Fuels | 2.66% | 2 |
| Agricultural Products | 2.55% | 1 |
| Diversified Consumer Services | 2.51% | 2 |
| Household Durables | 2.48% | 4 |
| Technology Hardware & Equipment | 2.33% | 3 |
| Health Care Equipment & Supplies | 2.33% | 2 |
| Communications Equipment | 2.21% | 2 |
| Leisure Products | 2.08% | 2 |
| Media & Publishing | 1.85% | 3 |
| Software & IT Services | 1.58% | 3 |
| Capital Markets | 1.45% | 2 |
| Textiles, Apparel & Luxury Goods | 1.44% | 3 |
| Hotels, Restaurants & Leisure | 1.22% | 2 |
| Media & Entertainment | 1.06% | 3 |
| Health Care Providers & Services | 0.89% | 2 |
| Distributors | 0.84% | 4 |
| Chemicals | 0.83% | 2 |
| Road & Rail | 0.60% | 3 |
| Construction & Engineering | 0.48% | 2 |
| Paper & Forest Products | 0.36% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | NBN | NORTHEAST BK PORTLAND ME | Unclassified | 3.10% |
| 2 | ALCO | ALICO, INC. | Consumer Staples | 2.55% |
| 3 | NGS | NATURAL GAS SERVICES GROUP INC | Energy | 2.50% |
| 4 | MCB | Metropolitan Bank Holding Corp. | Financials | 2.47% |
| 5 | HRTG | Heritage Insurance Holdings, Inc. | Financials | 2.31% |
| 6 | DHX | DHI GROUP, INC. | Industrials | 2.21% |
| 7 | APEI | AMERICAN PUBLIC EDUCATION INC | Consumer Discretionary | 2.06% |
| 8 | JAKK | JAKKS PACIFIC INC | Consumer Discretionary | 1.88% |
| 9 | AVNW | AVIAT NETWORKS, INC. | Information Technology | 1.88% |
| 10 | NWPX | NWPX Infrastructure, Inc. | Materials | 1.86% |
134/137 names classified · sector 96.1% of weight · industry 96.1% · mkt cap 96.0%; 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: 96.1% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 73.9% of book weight (102/137 names) · unclassified 26.1%: NBN, DHX, VBNK, AII, HBNC, INTT, ASUR, CBK, RRGB, ASYS +25 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 | NBNNORTHEAST BK PORTLAND ME | 127,534 | $14M | 3.1% | HOLD |
| 2 | ALCOALICO INC | 285,332 | $12M | 2.5% | HOLD |
| 3 | NGSNATURAL GAS SVCS GROUP INC | 305,374 | $12M | 2.5% | TRIM −12% |
| 4 | MCBMETROPOLITAN BK HLDG CORP | 136,780 | $11M | 2.5% | ADD 4% |
| 5 | HRTGHERITAGE INSURANCE HLDGS INC | 405,860 | $11M | 2.3% | ADD 9% |
| 6 | DHXDHI GROUP INC | 3,629,127 | $10M | 2.2% | ADD 6% |
| 7 | APEIAMERICAN PUB ED INC | 167,651 | $10M | 2.1% | HOLD |
| 8 | JAKKJAKKS PAC INC | 436,939 | $9M | 1.9% | ADD 8% |
| 9 | AVNWAVIAT NETWORKS INC | 383,241 | $9M | 1.9% | ADD 3% |
| 10 | NWPXNWPX INFRASTRUCTURE INC | 110,144 | $9M | 1.9% | TRIM −27% |
| 11 | MPAAMOTORCAR PTS AMER INC | 772,421 | $9M | 1.8% | ADD 12% |
| 12 | VBNKVERSABANK NEW | 590,013 | $8M | 1.8% | HOLD |
| 13 | PKBKPARKE BANCORP INC | 293,439 | $8M | 1.8% | HOLD |
| 14 | UNTYUNITY BANCORP INC | 158,849 | $8M | 1.8% | ADD 6% |
| 15 | BWFGBANKWELL FINL GROUP INC | 168,000 | $8M | 1.8% | HOLD |
| 16 | BBWBUILD-A-BEAR WORKSHOP INC | 215,975 | $8M | 1.8% | ADD 30% |
| 17 | FSBWFS BANCORP INC | 208,094 | $8M | 1.7% | HOLD |
| 18 | TWINTWIN DISC INC | 530,566 | $8M | 1.7% | HOLD |
| 19 | KEKIMBALL ELECTRONICS INC | 322,497 | $8M | 1.7% | HOLD |
| 20 | LAKELAKELAND INDS INC | 928,981 | $8M | 1.6% | ADD 20% |
| 21 | FBIZFIRST BUSINESS FINL SVCS INC | 140,892 | $8M | 1.6% | HOLD |
| 22 | AIIAMERICAN INTEGRITY INS GROUP | 389,420 | $8M | 1.6% | ADD 25% |
| 23 | HBNCHORIZON BANCORP INC | 428,647 | $7M | 1.5% | HOLD |
| 24 | BWMNBOWMAN CONSULTING GROUP LTD | 245,552 | $7M | 1.5% | HOLD |
| 25 | CBNKCAPITAL BANCORP INC MD | 231,286 | $7M | 1.5% | ADD 19% |
| 26 | INTTINTEST CORP | 502,299 | $7M | 1.5% | TRIM −3% |
| 27 | PMTSCPI CARD GROUP INC | 466,035 | $7M | 1.5% | ADD 5% |
| 28 | FSBCFIVE STAR BANCORP | 176,751 | $7M | 1.4% | TRIM −10% |
| 29 | HBBHAMILTON BEACH BRANDS HLDG C | 344,109 | $7M | 1.4% | HOLD |
| 30 | CBANCOLONY BANKCORP INC | 321,848 | $6M | 1.4% | TRIM −15% |
| 31 | USCBUSCB FINANCIAL HOLDINGS INC | 342,320 | $6M | 1.4% | HOLD |
| 32 | RMNIRIMINI STR INC DEL | 1,913,524 | $6M | 1.4% | ADD 3% |
| 33 | MLRMILLER INDS INC TENN | 136,819 | $6M | 1.3% | HOLD |
| 34 | ASURASURE SOFTWARE INC | 701,778 | $6M | 1.3% | HOLD |
| 35 | CBKCOMMERCIAL BANCGROUP INC | 225,506 | $6M | 1.3% | ADD 62% |
| 36 | RCMTRCM TECHNOLOGIES INC | 285,609 | $5M | 1.2% | ADD 11% |
| 37 | ORRFORRSTOWN FINL SVCS INC | 147,434 | $5M | 1.2% | HOLD |
| 38 | RRGBRED ROBIN GOURMET BURGERS IN | 1,792,990 | $5M | 1.1% | ADD 29% |
| 39 | KELYAKELLY SVCS INC | 547,245 | $5M | 1.0% | ADD 366% |
| 40 | SHOESHOE CARNIVAL INC | 309,480 | $5M | 1.0% | ADD 103% |
| 41 | PINEALPINE INCOME PPTY TR INC | 266,320 | $5M | 1.0% | HOLD |
| 42 | ASYSAMTECH SYS INC | 405,371 | $5M | 1.0% | TRIM −35% |
| 43 | XRNGLOBAL MED REIT INC | 131,610 | $4M | 0.9% | ADD 2% |
| 44 | MGMISTRAS GROUP INC | 285,274 | $4M | 0.9% | HOLD |
| 45 | BOOMDMC GLOBAL INC | 804,618 | $4M | 0.9% | ADD 25% |
| 46 | RVSBRIVERVIEW BANCORP INC | 755,355 | $4M | 0.9% | ADD 4% |
| 47 | JILLJ JILL INC | 357,366 | $4M | 0.9% | ADD 96% |
| 48 | FORRFORRESTER RESH INC | 710,847 | $4M | 0.9% | ADD 21% |
| 49 | ACTGACACIA RESH CORP | 817,242 | $4M | 0.9% | HOLD |
| 50 | RPAYREPAY HLDGS CORP | 1,413,377 | $4M | 0.8% | ADD 30% |
| 51 | CPSCOOPER STD HLDGS INC | 131,440 | $4M | 0.8% | TRIM −13% |
| 52 | CMTCORE MOLDING TECHNOLOGIES IN | 144,296 | $3M | 0.7% | HOLD |
| 53 | SNBRQSLEEP NUMBER CORP | 1,767,445 | $3M | 0.7% | ADD 54% |
| 54 | SRTSSENSUS HEALTHCARE INC | 796,072 | $3M | 0.7% | ADD 14% |
| 55 | SUNSSUNRISE RLTY TR INC | 403,035 | $3M | 0.7% | ADD 14% |
| 56 | HBCPHOME BANCORP INC | 49,766 | $3M | 0.7% | TRIM −39% |
| 57 | MCSMARCUS CORP DEL | 167,910 | $3M | 0.6% | HOLD |
| 58 | LCUTLIFETIME BRANDS INC | 495,737 | $3M | 0.6% | ADD 3% |
| 59 | TLYSTILLYS INC | 693,320 | $3M | 0.6% | HOLD |
| 60 | SAMGSILVERCREST ASSET MGMT GROUP | 206,686 | $3M | 0.6% | HOLD |
| 61 | GNSSGENASYS INC | 1,452,159 | $3M | 0.6% | ADD 9% |
| 62 | HURCHURCO CO | 171,061 | $3M | 0.5% | ADD 3% |
| 63 | BGSFBGSF INC | 384,037 | $2M | 0.5% | ADD 8% |
| 64 | PARKPARK DENTAL PARTNERS INC | 135,500 | $2M | 0.5% | TRIM −14% |
| 65 | PLABPHOTRONICS INC | 51,641 | $2M | 0.5% | TRIM −7% |
| 66 | PRDOPERDOCEO ED CORP | 54,845 | $2M | 0.4% | ADD 9% |
| 67 | HCSGHEALTHCARE SVCS GROUP INC | 98,781 | $2M | 0.4% | HOLD |
| 68 | CASHPATHWARD FINANCIAL INC | 19,740 | $2M | 0.4% | HOLD |
| 69 | KOPKOPPERS HOLDINGS INC | 43,489 | $2M | 0.4% | ADD 10% |
| 70 | PAMTPAMT CORP | 194,639 | $2M | 0.4% | HOLD |
| 71 | DXPEDXP ENTERPRISES INC | 11,750 | $2M | 0.4% | HOLD |
| 72 | SHIMSHIMMICK CORPORATION | 439,778 | $2M | 0.3% | ADD 2% |
| 73 | CCBCOASTAL FINL CORP WA | 20,398 | $2M | 0.3% | ADD 30% |
| 74 | CRICARTERS INC | 43,298 | $2M | 0.3% | HOLD |
| 75 | CMTLCOMTECH TELECOMMUNICATIONS C | 463,784 | $2M | 0.3% | HOLD |
| 76 | STGWSTAGWELL INC | 243,120 | $2M | 0.3% | TRIM −7% |
| 77 | UEICUNIVERSAL ELECTRS INC | 350,900 | $1M | 0.3% | ADD 3% |
| 78 | COHUCOHU INC | 45,990 | $1M | 0.3% | HOLD |
| 79 | PLOWDOUGLAS DYNAMICS INC | 31,793 | $1M | 0.3% | HOLD |
| 80 | CNOBCONNECTONE BANCORP INC | 49,475 | $1M | 0.3% | HOLD |
| 81 | BFSTBUSINESS FIRST BANCSHARES IN | 47,383 | $1M | 0.3% | HOLD |
| 82 | BWBBRIDGEWATER BANCSHARES INC | 72,017 | $1M | 0.3% | HOLD |
| 83 | MBINMERCHANTS BANCORP IND | 28,753 | $1M | 0.3% | ADD 31% |
| 84 | THFFFIRST FINANCIAL CORPORATION | 18,814 | $1M | 0.3% | HOLD |
| 85 | PENGPENGUIN SOLUTIONS INC | 66,272 | $1M | 0.3% | ADD 9% |
| 86 | BBSIBARRETT BUSINESS SVCS INC | 38,455 | $1M | 0.2% | HOLD |
| 87 | GBFHGBANK FINL HLDGS INC | 40,210 | $1M | 0.2% | ADD 42% |
| 88 | QCRHQCR HOLDINGS INC | 12,431 | $1M | 0.2% | TRIM −11% |
| 89 | EBFENNIS INC | 48,578 | $1M | 0.2% | HOLD |
| 90 | CALCALERES INC | 93,783 | $988,473 | 0.2% | ADD 30% |
| 91 | WNCWABASH NATL CORP | 112,204 | $967,198 | 0.2% | HOLD |
| 92 | GCTGIGACLOUD TECHNOLOGY INC | 21,273 | $965,369 | 0.2% | HOLD |
| 93 | BHEBENCHMARK ELECTRS INC | 16,779 | $940,631 | 0.2% | TRIM −13% |
| 94 | DBIDESIGNER BRANDS INC | 161,496 | $918,912 | 0.2% | HOLD |
| 95 | DAKTDAKTRONICS INC | 46,811 | $915,155 | 0.2% | HOLD |
| 96 | HFWAHERITAGE FINL CORP WASH | 35,027 | $910,702 | 0.2% | TRIM −20% |
| 97 | HYHYSTER-YALE INC | 27,843 | $905,176 | 0.2% | ADD 38% |
| 98 | HCKTHACKETT GROUP INC | 67,542 | $878,721 | 0.2% | ADD 29% |
| 99 | HDSNHUDSON TECHNOLOGIES INC | 146,930 | $863,948 | 0.2% | ADD 24% |
| 100 | HELEHELEN OF TROY LTD | 57,380 | $827,420 | 0.2% | ADD 14% |
| 101 | AEBIAEBI SCHMIDT HLDG AG | 80,713 | $783,723 | 0.2% | HOLD |
| 102 | PLUSEPLUS INC | 10,397 | $782,374 | 0.2% | HOLD |
| 103 | PRAAPRA GROUP INC | 44,020 | $770,350 | 0.2% | ADD 58% |
| 104 | CUBICUSTOMERS BANCORP INC | 10,959 | $760,664 | 0.2% | TRIM −37% |
| 105 | BCALCALIFORNIA BANCORP | 42,749 | $757,512 | 0.2% | HOLD |
| 106 | ACCOACCO BRANDS CORP | 251,171 | $753,513 | 0.2% | HOLD |
| 107 | OSPNONESPAN INC | 71,424 | $752,095 | 0.2% | ADD 75% |
| 108 | CLBCORE LABORATORIES INC | 44,431 | $745,996 | 0.2% | HOLD |
| 109 | NPKINPK INTERNATIONAL INC | 50,957 | $738,367 | 0.2% | HOLD |
| 110 | GNLGLOBAL NET LEASE INC | 78,171 | $731,681 | 0.2% | HOLD |
| 111 | ULHUNIVERSAL LOGISTICS HLDGS IN | 34,158 | $722,100 | 0.2% | HOLD |
| 112 | BANCBANC OF CALIFORNIA INC | 38,771 | $681,594 | 0.1% | TRIM −49% |
| 113 | BDNBRANDYWINE RLTY TR | 247,827 | $671,611 | 0.1% | ADD 35% |
| 114 | CRD.ACRAWFORD & CO | 64,014 | $638,220 | 0.1% | ADD 28% |
| 115 | ACICAMERICAN COASTAL INS CORP | 56,527 | $635,929 | 0.1% | NEW |
| 116 | MTRXMATRIX SVC CO | 54,402 | $624,535 | 0.1% | ADD 46% |
| 117 | EPCEDGEWELL PERS CARE CO | 28,682 | $612,074 | 0.1% | HOLD |
| 118 | NNBRNN INC | 413,556 | $599,656 | 0.1% | ADD 3% |
| 119 | CNXNPC CONNECTION INC | 9,826 | $574,428 | 0.1% | HOLD |
| 120 | UCTTULTRA CLEAN HLDGS INC | 9,172 | $570,315 | 0.1% | TRIM −75% |
| 121 | JCAPJEFFERSON CAPITAL INC | 28,754 | $552,939 | 0.1% | NEW |
| 122 | RBBNRIBBON COMMUNICATIONS INC | 246,176 | $521,893 | 0.1% | HOLD |
| 123 | SMPSTANDARD MTR PRODS INC | 14,797 | $514,048 | 0.1% | HOLD |
| 124 | MNROMONRO INC | 31,726 | $508,885 | 0.1% | NEW |
| 125 | ZUMZZUMIEZ INC | 22,242 | $492,883 | 0.1% | HOLD |
| 126 | NCMINATIONAL CINEMEDIA INC | 157,395 | $480,055 | 0.1% | ADD 26% |
| 127 | HTLDHEARTLAND EXPRESS INC | 40,941 | $425,786 | 0.1% | HOLD |
| 128 | CRAICRA INTL INC | 2,512 | $406,643 | 0.1% | NEW |
| 129 | SMSISMITH MICRO SOFTWARE INC | 519,799 | $374,047 | 0.1% | ADD 3% |
| 130 | BLMNBLOOMIN BRANDS INC | 66,803 | $360,736 | 0.1% | HOLD |
| 131 | BHRBBURKE HERBERT FINL SVCS CORP | 5,650 | $351,939 | 0.1% | NEW |
| 132 | EPACENERPAC TOOL GROUP CORP | 8,324 | $303,576 | 0.1% | HOLD |
| 133 | JBIJANUS INTERNATIONAL GROUP IN | 56,758 | $292,304 | 0.1% | NEW |
| 134 | CMCOCOLUMBUS MCKINNON CORP N Y | 20,044 | $291,239 | 0.1% | HOLD |
| 135 | TBITRUEBLUE INC | 74,470 | $291,178 | 0.1% | HOLD |
| 136 | ALITALIGHT INC | 335,781 | $195,660 | 0.0% | ADD 48% |
| 137 | RGPRESOURCES CONNECTION INC | 52,330 | $195,191 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| NBNNORTHEAST BK PORTLAND ME | 130K | 125K | 123K | 121K | 127K | 128K | $14M |
| ALCOALICO INC | 311K | 304K | 300K | 293K | 284K | 285K | $12M |
| NGSNATURAL GAS SVCS GROUP INC | 427K | 406K | 400K | 391K | 346K | 305K | $12M |
| MCBMETROPOLITAN BK HLDG CORP | 183K | 175K | 157K | 134K | 131K | 137K | $11M |
| HRTGHERITAGE INSURANCE HLDGS INC | 814K | 776K | 361K | 459K | 372K | 406K | $11M |
| DHXDHI GROUP INC | 3.2M | 3.1M | 3.3M | 3.1M | 3.4M | 3.6M | $10M |
| APEIAMERICAN PUB ED INC | 106K | 148K | 204K | 172K | 167K | 168K | $10M |
| JAKKJAKKS PAC INC | 286K | 273K | 333K | 341K | 406K | 437K | $9M |
| AVNWAVIAT NETWORKS INC | — | 163K | 231K | 311K | 371K | 383K | $9M |
| NWPXNWPX INFRASTRUCTURE INC | 199K | 198K | 214K | 209K | 150K | 110K | $9M |
| MPAAMOTORCAR PTS AMER INC | 1.1M | 1.1M | 903K | 669K | 693K | 772K | $9M |
| VBNKVERSABANK NEW | 403K | 591K | 616K | 602K | 585K | 590K | $8M |
| PKBKPARKE BANCORP INC | 328K | 313K | 308K | 301K | 292K | 293K | $8M |
| UNTYUNITY BANCORP INC | 168K | 160K | 158K | 154K | 150K | 159K | $8M |
| BWFGBANKWELL FINL GROUP INC | 175K | 179K | 177K | 173K | 168K | 168K | $8M |
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.
