REINHART PARTNERS, LLC.

MEQUON, WI · CIK 1080298 · 13F filing filed 2023-04-26

SEC-registered investment adviser since 1991 · limited liability company

Assets managed$2.5bn
Staff16 · 6 in investment roles
Main clients (by assets)State and local governments 34%, Mutual funds and ETFs 27%, Companies 15%
Websitereinhartpartners.com
Form ADV · 2026-05-18SEC adviser record

Legal entityREINHART PARTNERS, LLC (US)

Kindinstitutions
Others nearbyMequon, WI

$1.8bn reported value +0.2% vs Q4 2022

76positions

29.5%in top 10

3 new 34 added 39 reduced 6 sold out vs Q4 2022

Also in the report of:

Dorsey & Whitney Trust CO LLC – $119.3k of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q1 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	INSPERITY INC COM NSP	NSP	558,134	$67.8m3.67%	3.67%	Added +17.4k	+17,352 3.2%
2	U HAUL HOLDING COMPANY COM SER N UHAL.B	UHAL.B	1,205,669	$62.5m3.38%	3.38%	Added +2.1k	+2,148 0.2%
3	LANTHEUS HLDGS INC COM LNTH	LNTH	704,725	$58.2m3.15%	3.15%	Added +129.0k	+129,005 22.4%
4	FIRST CTZNS BANCSHARES INC N CL A FCNCA	FCNCA	58,535	$57.0m3.08%	3.08%	Added +1.1k	+1,082 1.9%
5	WHITE MTNS INS GROUP LTD COM WTM	WTM	40,119	$55.3m2.99%	2.99%	Reduced -943	-943 -2.3%
6	GRAND CANYON ED INC COM LOPE	LOPE	457,281	$52.1m2.82%	2.82%	Reduced -8.7k	-8,677 -1.9%
7	ACI WORLDWIDE INC COM ACIW	ACIW	1,896,548	$51.2m2.77%	2.77%	Added +20.7k	+20,730 1.1%
8	HILLMAN SOLUTIONS CORP COM HLMN	HLMN	5,645,572	$47.5m2.57%	2.57%	Added +289.6k	+289,629 5.4%
9	AIR LEASE CORP CL A AL	AL	1,185,555	$46.7m2.53%	2.53%	Reduced -9.1k	-9,118 -0.8%
10	FRONTDOOR INC COM FTDR	FTDR	1,672,150	$46.6m2.52%	2.52%	Added +17.3k	+17,346 1.1%
11	WINTRUST FINL CORP COM WTFC	WTFC	608,700	$44.4m2.40%	2.40%	Added +158.2k	+158,159 35.1%
12	ALEXANDER & BALDWIN INC NEW COM ALEX	ALEX	2,181,458	$41.3m2.23%	2.23%	Reduced -23.2k	-23,204 -1.1%
13	ENCOMPASS HEALTH CORP COM EHC	EHC	746,588	$40.4m2.19%	2.19%	Reduced -40.5k	-40,478 -5.1%
14	TRINET GROUP INC COM TNET	TNET	490,222	$39.5m2.14%	2.14%	Added +99.8k	+99,768 25.6%
15	MARCUS & MILLICHAP INC COM MMI	MMI	1,228,047	$39.4m2.13%	2.13%	Added +114.0k	+113,968 10.2%
16	FIRST HAWAIIAN INC COM FHB	FHB	1,866,986	$38.5m2.08%	2.08%	Added +354.4k	+354,374 23.4%
17	GXO LOGISTICS INCORPORATED COMMON STOCK GXO	GXO	702,912	$35.5m1.92%	1.92%	Added +139.0k	+138,990 24.6%
18	ASSURED GUARANTY LTD COM AGO	AGO	678,469	$34.1m1.85%	1.85%	Added +6.1k	+6,143 0.9%
19	RYMAN HOSPITALITY PPTYS INC COM RHP	RHP	377,753	$33.9m1.83%	1.83%	Added +3.6k	+3,609 1.0%
20	EURONET WORLDWIDE INC COM EEFT	EEFT	266,980	$29.9m1.62%	1.62%	Added +80.3k	+80,272 43.0%
21	PREMIER INC CL A PINC	PINC	919,998	$29.8m1.61%	1.61%	Added +188.1k	+188,093 25.7%
22	ELEMENT SOLUTIONS INC COM ESI	ESI	1,541,809	$29.8m1.61%	1.61%	Added +19.3k	+19,252 1.3%
23	PAR TECHNOLOGY CORP COM PAR	PAR	854,566	$29.0m1.57%	1.57%	Added +35.7k	+35,665 4.4%
24	GMS INC COM COM		498,638	$28.9m1.56%	1.56%	Reduced -2.4k	-2,448 -0.5%
25	CARTERS INC COM CRI	CRI	400,156	$28.8m1.56%	1.56%	Added +171.7k	+171,709 75.2%
26	MAXAR TECHNOLOGIES INC COM MAXR	MAXR	519,476	$26.5m1.44%	1.44%	Reduced -643.0k	-642,958 -55.3%
27	FIRST AMERN FINL CORP COM FAF	FAF	467,312	$26.0m1.41%	1.41%	Added +203.3k	+203,333 77.0%
28	SS&C TECHNOLOGIES HLDGS INC COM SSNC	SSNC	453,748	$25.6m1.39%	1.39%	Added +83.3k	+83,305 22.5%
29	GENTEX CORP COM GNTX	GNTX	809,837	$22.7m1.23%	1.23%	Added +16.2k	+16,153 2.0%
30	THOR INDS INC COM THO	THO	280,082	$22.3m1.21%	1.21%	Reduced -9.8k	-9,764 -3.4%
31	INTERPUBLIC GROUP COS INC COM IPG	IPG	554,023	$20.6m1.12%	1.12%	Reduced -28.9k	-28,935 -5.0%
32	BAKER HUGHES COMPANY CL A BKR	BKR	706,555	$20.4m1.10%	1.10%	Reduced -33.4k	-33,428 -4.5%
33	AFFILIATED MANAGERS GROUP IN COM AMG	AMG	140,122	$20.0m1.08%	1.08%	Reduced -6.9k	-6,856 -4.7%
34	SENSATA TECHNOLOGIES HLDG PL SHS ST	ST	382,977	$19.2m1.04%	1.04%	Reduced -34.0k	-34,009 -8.2%
35	ASGN INC COM EFOR	EFOR	231,503	$19.1m1.04%	1.04%	New
36	AMERICOLD REALTY TRUST INC COM COLD	COLD	665,389	$18.9m1.02%	1.02%	Reduced -40.9k	-40,923 -5.8%
37	VISTRA CORP COM VST	VST	785,905	$18.9m1.02%	1.02%	Reduced -28.1k	-28,110 -3.5%
38	CHARLES RIV LABS INTL INC COM CRL	CRL	93,456	$18.9m1.02%	1.02%	Added +25.0k	+24,952 36.4%
39	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	178,364	$18.6m1.01%	1.01%	Added +78.8k	+78,757 79.1%
40	LIVE NATION ENTERTAINMENT IN COM LYV	LYV	264,283	$18.5m1.00%	1.00%	Added +63.9k	+63,926 31.9%
41	FORMFACTOR INC COM FORM	FORM	572,903	$18.2m0.99%	0.99%	Added +28.6k	+28,554 5.2%
42	GLOBAL PMTS INC COM GPN	GPN	172,196	$18.1m0.98%	0.98%	Added +925	+925 0.5%
43	ZIMMER BIOMET HOLDINGS INC COM ZBH	ZBH	139,344	$18.0m0.97%	0.97%	Reduced -10.8k	-10,750 -7.2%
44	COGNIZANT TECHNOLOGY SOLUTIO CL A CTSH	CTSH	292,897	$17.8m0.97%	0.97%	Reduced -12.9k	-12,896 -4.2%
45	LKQ CORP COM LKQ	LKQ	312,699	$17.7m0.96%	0.96%	Reduced -22.9k	-22,934 -6.8%
46	SEALED AIR CORP NEW COM COM		384,681	$17.7m0.96%	0.96%	Added +77.9k	+77,894 25.4%
47	TRANSUNION COM TRU	TRU	283,267	$17.6m0.95%	0.95%	New
48	BJS WHSL CLUB HLDGS INC COM BJ	BJ	228,751	$17.4m0.94%	0.94%	Reduced -17.9k	-17,888 -7.2%
49	EAGLE MATLS INC COM EXP	EXP	115,899	$17.0m0.92%	0.92%	Reduced -12.2k	-12,155 -9.5%
50	MAXIMUS INC COM MMS	MMS	203,925	$16.0m0.87%	0.87%	Reduced -36.3k	-36,293 -15.1%
51	BOK FINL CORP COM NEW BOKF	BOKF	188,699	$15.9m0.86%	0.86%	Added +25.9k	+25,901 15.9%
52	INTERNATIONAL BANCSHARES COR COM IBOC	IBOC	368,087	$15.8m0.85%	0.85%	Reduced -145.4k	-145,419 -28.3%
53	ALLISON TRANSMISSION HLDGS I COM ALSN	ALSN	345,371	$15.6m0.85%	0.85%	Reduced -26.9k	-26,850 -7.2%
54	UGI CORP NEW COM UGI	UGI	445,325	$15.5m0.84%	0.84%	Added +149.8k	+149,823 50.7%
55	FIDELITY NATIONAL FINANCIAL FNF GROUP COM FNF	FNF	439,454	$15.4m0.83%	0.83%	Reduced -19.3k	-19,289 -4.2%
56	SNAP ON INC COM SNA	SNA	61,816	$15.3m0.83%	0.83%	Reduced -4.1k	-4,131 -6.3%
57	SYNEOS HEALTH INC CL A INCR	INCR	428,426	$15.3m0.83%	0.83%	Added +18.2k	+18,160 4.4%
58	FMC CORP COM NEW FMC	FMC	113,517	$13.9m0.75%	0.75%	Reduced -5.8k	-5,841 -4.9%
59	AMERICAN FINL GROUP INC OHIO COM AFG	AFG	113,840	$13.8m0.75%	0.75%	Reduced -2.4k	-2,404 -2.1%
60	VENTAS INC COM VTR	VTR	312,460	$13.5m0.73%	0.73%	Reduced -11.8k	-11,837 -3.6%
61	CAMDEN PPTY TR SH BEN INT CPT	CPT	127,532	$13.4m0.72%	0.72%	Reduced -339	-339 -0.3%
62	CITIZENS FINL GROUP INC COM CFG	CFG	436,708	$13.3m0.72%	0.72%	Reduced -9.6k	-9,581 -2.1%
63	LPL FINL HLDGS INC COM LPLA	LPLA	64,551	$13.1m0.71%	0.71%	Reduced -8.0k	-7,968 -11.0%
64	AVANTOR INC COM AVTR	AVTR	587,959	$12.4m0.67%	0.67%	Reduced -15.6k	-15,568 -2.6%
65	NORTHERN TR CORP COM NTRS	NTRS	140,920	$12.4m0.67%	0.67%	Reduced -10.3k	-10,267 -6.8%
66	WEYERHAEUSER CO MTN BE COM NEW WY	WY	384,012	$11.6m0.63%	0.63%	Reduced -26.2k	-26,243 -6.4%
67	ADAPTHEALTH CORP COMMON STOCK AHCO	AHCO	915,959	$11.4m0.62%	0.62%	Added +419.3k	+419,281 84.4%
68	LESLIES INC COM COM		1,032,228	$11.4m0.62%	0.62%	Reduced -18.5k	-18,453 -1.8%
69	PROGRESSIVE CORP COM PGR	PGR	77,567	$11.1m0.60%	0.60%	Reduced -5.8k	-5,832 -7.0%
70	1ST SOURCE CORP COM SRCE	SRCE	221,562	$9.6m0.52%	0.52%	Reduced -22.7k	-22,653 -9.3%
71	LOEWS CORP COM L	L	146,825	$8.5m0.46%	0.46%	Reduced -12.3k	-12,334 -7.8%
72	STANLEY BLACK & DECKER INC COM SWK	SWK	102,844	$8.3m0.45%	0.45%	Reduced -1.2k	-1,247 -1.2%
73	ISHARES TR CORE S&P500 ETF IVV	IVV	2,537	$1.0m0.06%	0.06%	Added +42	+42 1.7%
74	MICROSOFT CORP COM MSFT	MSFT	900	$259.5k0.01%	0.01%	Reduced -290	-290 -24.4%
75	INTUIT COM INTU	INTU	500	$222.9k0.01%	0.01%	New
76	SIGNATURE BK NEW YORK N Y COM SBNY	SBNY	182,545	$33.4k0.00%	0.00%	Added +54.3k	+54,290 42.3%

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
AEROJET ROCKETDYNE HLDGS INC AJRD	AJRD	1,336,755	$74.8m1.3m shares
IAA INC		963,489	$38.5m963.5k shares
NATIONAL INSTRS CORP		431,551	$15.9m431.6k shares
AVISTA CORP AVA	AVA	339,535	$15.1m339.5k shares
ISHARES TR IWM	IWM	21,132	$3.7m21.1k shares
ISHARES TR IWS	IWS	17,788	$1.9m17.8k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
INSPERITY INC NSP · 13G · filed 2026-02-12	NSP	7.3%≈ $113.4m	+1.4 pts	13G	2026-02-12
SKYWARD SPECIALTY INS GROUP SKWD · 13G · filed 2026-02-12	SKWD	6.0%≈ $141.0m	new	13G	2026-02-12
CADRE HLDGS INC CDRE · 13G · filed 2026-02-12	CDRE	5.3%≈ $61.9m	new	13G	2026-02-12
YETI HLDGS INC YETI · 13G · filed 2026-10-13	YETI	5.1%≈ $192.8m	new	13G	2026-10-13
HILLMAN SOLUTIONS CORP HLMN · 13G · filed 2025-08-05	HLMN	5.1%≈ $84.8m	new	13G	2025-08-05