CIK 2009885
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 | 44.92% | 3 |
| Commercial Services & Supplies | 22.03% | 1 |
| Transportation Infrastructure | 18.33% | 1 |
| Food Products | 9.46% | 1 |
| Household Durables | 5.26% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | HLMN | Hillman Solutions Corp. | Industrials | 22.75% |
| 2 | MGRC | MCGRATH RENTCORP | Industrials | 22.03% |
| 3 | LIND | LINDBLAD EXPEDITIONS HOLDINGS, INC. | Industrials | 18.33% |
| 4 | SXI | STANDEX INTERNATIONAL CORP/DE/ | Industrials | 15.45% |
| 5 | VITL | Vital Farms, Inc. | Consumer Staples | 9.46% |
| 6 | JBI | Janus International Group, Inc. | Industrials | 6.72% |
| 7 | KN | Knowles Corp | Consumer Discretionary | 5.26% |
7/7 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: 81.7% of book weight (6/7 names) · unclassified 18.3%: LIND. 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 | HLMNHILLMAN SOLUTIONS CORP | 2,535,478 | $21M | 22.8% | ADD 33% |
| 2 | MGRCMCGRATH RENTCORP | 185,211 | $20M | 22.0% | ADD 28% |
| 3 | LINDLINDBLAD EXPEDITIONS HLDGS I | 982,348 | $17M | 18.3% | TRIM −49% |
| 4 | SXISTANDEX INTL CORP | 56,214 | $14M | 15.5% | TRIM −26% |
| 5 | VITLVITAL FARMS INC | 620,825 | $9M | 9.5% | ADD 22% |
| 6 | JBIJANUS INTERNATIONAL GROUP IN | 1,209,226 | $6M | 6.7% | HOLD |
| 7 | KNKNOWLES CORP | 189,817 | $5M | 5.3% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| HLMNHILLMAN SOLUTIONS CORP | — | — | 700K | 1.4M | 1.9M | 2.5M | $21M |
| MGRCMCGRATH RENTCORP | — | 57K | 85K | 109K | 145K | 185K | $20M |
| LINDLINDBLAD EXPEDITIONS HLDGS I | 1.5M | 1.6M | 1.8M | 1.9M | 1.9M | 982K | $17M |
| SXISTANDEX INTL CORP | — | 56K | 68K | 98K | 76K | 56K | $14M |
| VITLVITAL FARMS INC | 404K | 283K | 358K | 358K | 507K | 621K | $9M |
| JBIJANUS INTERNATIONAL GROUP IN | 360K | 357K | 357K | 555K | 1.2M | 1.2M | $6M |
| KNKNOWLES CORP | — | — | — | — | — | 190K | $5M |
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.
Where this firm's principals came from and which firms its alumni went on to found.
