REINHART PARTNERS, LLC.

MEQUON, WI · CIK 1080298 · 13F filing filed 2024-07-18

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)

$2.4bn reported value -2.0% vs Q1 2024

81positions

35.0%in top 10

2 new 32 added 41 reduced 2 sold out vs Q1 2024

Also in the report of:

Dorsey & Whitney Trust CO LLC – $208.0k of shares are in both reports

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

Holdings, Q2 2024

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	LANTHEUS HLDGS INC COM LNTH	LNTH	1,468,657	$117.9m4.90%	4.90%	Reduced -1.7k	-1,726 -0.1%
2	FIRST CTZNS BANCSHARES INC N CL A FCNCA	FCNCA	56,382	$94.9m3.94%	3.94%	Reduced -2.2k	-2,201 -3.8%
3	INSPERITY INC COM NSP	NSP	1,013,874	$92.5m3.84%	3.84%	Added +118.9k	+118,902 13.3%
4	ACI WORLDWIDE INC COM ACIW	ACIW	2,287,849	$90.6m3.76%	3.76%	Added +18.2k	+18,229 0.8%
5	U HAUL HOLDING COMPANY COM SER N UHAL.B	UHAL.B	1,471,683	$88.3m3.67%	3.67%	Reduced -8.5k	-8,462 -0.6%
6	FRONTDOOR INC COM FTDR	FTDR	2,330,937	$78.8m3.27%	3.27%	Added +42.2k	+42,169 1.8%
7	WINTRUST FINL CORP COM WTFC	WTFC	734,151	$72.4m3.01%	3.01%	Added +2.8k	+2,806 0.4%
8	ASSURED GUARANTY LTD COM AGO	AGO	906,644	$69.9m2.91%	2.91%	Added +16.1k	+16,110 1.8%
9	WHITE MTNS INS GROUP LTD COM WTM	WTM	37,879	$68.8m2.86%	2.86%	Reduced -346	-346 -0.9%
10	AIR LEASE CORP CL A AL	AL	1,445,001	$68.7m2.85%	2.85%	Added +13.8k	+13,801 1.0%
11	HILLMAN SOLUTIONS CORP COM HLMN	HLMN	6,978,392	$61.8m2.57%	2.57%	Added +58.4k	+58,387 0.8%
12	SILICON MOTION TECHNOLOGY CO SPONSORED ADR SIMO	SIMO	754,017	$61.1m2.54%	2.54%	Added +17.6k	+17,646 2.4%
13	AXCELIS TECHNOLOGIES INC COM NEW ACLS	ACLS	419,048	$59.6m2.48%	2.48%	Added +79.5k	+79,456 23.4%
14	EURONET WORLDWIDE INC COM EEFT	EEFT	558,856	$57.8m2.40%	2.40%	Added +7.4k	+7,425 1.4%
15	ENCOMPASS HEALTH CORP COM EHC	EHC	657,490	$56.4m2.34%	2.34%	Reduced -79.3k	-79,314 -10.8%
16	SPROUTS FMRS MKT INC COM SFM	SFM	659,040	$55.1m2.29%	2.29%	Reduced -97.1k	-97,113 -12.8%
17	MARCUS & MILLICHAP INC COM MMI	MMI	1,706,366	$53.8m2.23%	2.23%	Added +236.3k	+236,324 16.1%
18	FIRST AMERN FINL CORP COM FAF	FAF	943,755	$50.9m2.12%	2.12%	Added +374.7k	+374,662 65.8%
19	ASGN INC COM EFOR	EFOR	549,392	$48.4m2.01%	2.01%	Added +1.1k	+1,092 0.2%
20	FIRST HAWAIIAN INC COM FHB	FHB	2,319,992	$48.2m2.00%	2.00%	Added +20.8k	+20,770 0.9%
21	MODINE MFG CO COM MOD	MOD	440,359	$44.1m1.83%	1.83%	Reduced -183.6k	-183,611 -29.4%
22	GRAND CANYON ED INC COM LOPE	LOPE	310,425	$43.4m1.80%	1.80%	Added +2.6k	+2,566 0.8%
23	ADAPTHEALTH CORP COMMON STOCK AHCO	AHCO	4,269,303	$42.7m1.77%	1.77%	Added +59.1k	+59,092 1.4%
24	ALEXANDER & BALDWIN INC NEW COM ALEX	ALEX	2,481,672	$42.1m1.75%	1.75%	Added +38.9k	+38,948 1.6%
25	PAR TECHNOLOGY CORP COM PAR	PAR	889,724	$41.9m1.74%	1.74%	Added +15.7k	+15,678 1.8%
26	GMS INC COM COM		495,764	$40.0m1.66%	1.66%	Added +8.2k	+8,215 1.7%
27	INTERNATIONAL BANCSHARES COR COM IBOC	IBOC	645,860	$36.9m1.54%	1.54%	Added +5.3k	+5,347 0.8%
28	GENTEX CORP COM GNTX	GNTX	1,031,494	$34.8m1.44%	1.44%	Added +24.6k	+24,635 2.5%
29	RYMAN HOSPITALITY PPTYS INC COM RHP	RHP	246,270	$34.6m1.44%	1.44%	Added +3.7k	+3,730 1.5%
30	FORMFACTOR INC COM FORM	FORM	542,479	$32.8m1.36%	1.36%	Reduced -193.4k	-193,406 -26.3%
31	ELEMENT SOLUTIONS INC COM ESI	ESI	1,174,391	$31.8m1.32%	1.32%	Added +5.3k	+5,349 0.5%
32	MAXIMUS INC COM MMS	MMS	355,914	$30.5m1.27%	1.27%	Added +124.1k	+124,095 53.5%
33	GXO LOGISTICS INCORPORATED COMMON STOCK GXO	GXO	568,405	$28.7m1.19%	1.19%	Added +13.7k	+13,719 2.5%
34	CARTERS INC COM CRI	CRI	461,190	$28.6m1.19%	1.19%	Added +185.5k	+185,458 67.3%
35	THOR INDS INC COM THO	THO	287,109	$26.8m1.11%	1.11%	Reduced -419	-419 -0.1%
36	LPL FINL HLDGS INC COM LPLA	LPLA	76,848	$21.5m0.89%	0.89%	Added +1.0k	+1,013 1.3%
37	TRINET GROUP INC COM TNET	TNET	210,993	$21.1m0.88%	0.88%	Added +4.2k	+4,182 2.0%
38	SS&C TECHNOLOGIES HLDGS INC COM SSNC	SSNC	304,687	$19.1m0.79%	0.79%	Reduced -25.7k	-25,697 -7.8%
39	LIVE NATION ENTERTAINMENT IN COM LYV	LYV	179,994	$16.9m0.70%	0.70%	Reduced -15.5k	-15,543 -8.0%
40	FIDELITY NATL INFORMATION SV COM FIS	FIS	220,668	$16.6m0.69%	0.69%	Reduced -18.7k	-18,692 -7.8%
41	AFFILIATED MANAGERS GROUP IN COM AMG	AMG	97,950	$15.3m0.64%	0.64%	Reduced -9.4k	-9,389 -8.8%
42	FIDELITY NATIONAL FINANCIAL FNF GROUP COM FNF	FNF	304,468	$15.0m0.63%	0.63%	Reduced -26.0k	-25,969 -7.9%
43	BJS WHSL CLUB HLDGS INC COM BJ	BJ	164,764	$14.5m0.60%	0.60%	Reduced -15.9k	-15,864 -8.8%
44	TRANSUNION COM TRU	TRU	189,772	$14.1m0.58%	0.58%	Reduced -16.9k	-16,893 -8.2%
45	CHARLES RIV LABS INTL INC COM CRL	CRL	67,045	$13.9m0.58%	0.58%	Reduced -4.8k	-4,779 -6.7%
46	CAMDEN PPTY TR SH BEN INT CPT	CPT	119,338	$13.0m0.54%	0.54%	Reduced -10.6k	-10,557 -8.1%
47	1ST SOURCE CORP COM SRCE	SRCE	238,254	$12.8m0.53%	0.53%	Added +818	+818 0.3%
48	M & T BK CORP COM MTB	MTB	81,603	$12.4m0.51%	0.51%	Reduced -8.4k	-8,394 -9.3%
49	BOK FINL CORP COM NEW BOKF	BOKF	134,722	$12.3m0.51%	0.51%	Reduced -12.4k	-12,399 -8.4%
50	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	90,142	$12.3m0.51%	0.51%	Reduced -7.7k	-7,685 -7.9%
51	AVANTOR INC COM AVTR	AVTR	580,178	$12.3m0.51%	0.51%	Reduced -44.2k	-44,225 -7.1%
52	AMERICOLD REALTY TRUST INC COM COLD	COLD	479,412	$12.2m0.51%	0.51%	Reduced -25.5k	-25,501 -5.0%
53	LKQ CORP COM LKQ	LKQ	294,191	$12.2m0.51%	0.51%	Added +49.1k	+49,070 20.0%
54	FMC CORP COM NEW FMC	FMC	204,880	$11.8m0.49%	0.49%	Added +81.2k	+81,206 65.7%
55	BAKER HUGHES COMPANY CL A BKR	BKR	325,621	$11.5m0.48%	0.48%	Reduced -26.1k	-26,122 -7.4%
56	GLOBAL PMTS INC COM GPN	GPN	114,435	$11.1m0.46%	0.46%	Reduced -9.6k	-9,639 -7.8%
57	REXFORD INDL RLTY INC COM REXR	REXR	247,678	$11.0m0.46%	0.46%	Added +66.6k	+66,579 36.8%
58	SENSATA TECHNOLOGIES HLDG PL SHS ST	ST	285,521	$10.7m0.44%	0.44%	Reduced -15.9k	-15,879 -5.3%
59	XCEL ENERGY INC COM XEL	XEL	194,133	$10.4m0.43%	0.43%	Reduced -9.9k	-9,889 -4.8%
60	AMERICAN FINL GROUP INC OHIO COM AFG	AFG	84,207	$10.4m0.43%	0.43%	Reduced -5.1k	-5,130 -5.7%
61	ALLISON TRANSMISSION HLDGS I COM ALSN	ALSN	136,345	$10.3m0.43%	0.43%	Reduced -11.8k	-11,829 -8.0%
62	ALEXANDRIA REAL ESTATE EQ IN COM ARE	ARE	82,471	$9.6m0.40%	0.40%	Reduced -6.8k	-6,754 -7.6%
63	COGNIZANT TECHNOLOGY SOLUTIO CL A CTSH	CTSH	141,263	$9.6m0.40%	0.40%	Reduced -10.3k	-10,317 -6.8%
64	EAGLE MATLS INC COM EXP	EXP	41,438	$9.0m0.37%	0.37%	Reduced -3.5k	-3,490 -7.8%
65	NORTHERN TR CORP COM NTRS	NTRS	106,560	$8.9m0.37%	0.37%	Reduced -5.5k	-5,529 -4.9%
66	WILLSCOT HLDGS CORP COM CL A WSC	WSC	236,583	$8.9m0.37%	0.37%	New
67	INTERPUBLIC GROUP COS INC COM IPG	IPG	297,950	$8.7m0.36%	0.36%	Reduced -18.2k	-18,155 -5.7%
68	DOLLAR GEN CORP NEW COM DG	DG	64,409	$8.5m0.35%	0.35%	New
69	PROGRESSIVE CORP COM PGR	PGR	39,853	$8.3m0.34%	0.34%	Reduced -4.3k	-4,311 -9.8%
70	LOEWS CORP COM L	L	105,113	$7.9m0.33%	0.33%	Reduced -9.5k	-9,457 -8.2%
71	SNAP ON INC COM SNA	SNA	29,711	$7.8m0.32%	0.32%	Reduced -2.6k	-2,594 -8.0%
72	WEYERHAEUSER CO MTN BE COM NEW WY	WY	264,198	$7.5m0.31%	0.31%	Reduced -30.8k	-30,842 -10.4%
73	ZIMMER BIOMET HOLDINGS INC COM ZBH	ZBH	68,610	$7.4m0.31%	0.31%	Reduced -4.7k	-4,697 -6.4%
74	LESLIES INC COM COM		1,473,569	$6.2m0.26%	0.26%	Reduced -133.8k	-133,831 -8.3%
75	STANLEY BLACK & DECKER INC COM SWK	SWK	67,605	$5.4m0.22%	0.22%	Reduced -7.6k	-7,626 -10.1%
76	ISHARES TR CORE S&P500 ETF IVV	IVV	2,245	$1.2m0.05%	0.05%	Unchanged
77	MICROSOFT CORP COM MSFT	MSFT	900	$402.3k0.02%	0.02%	Unchanged
78	INTUIT COM INTU	INTU	500	$328.6k0.01%	0.01%	Unchanged
79	PREMIER INC CL A PINC	PINC	16,610	$310.1k0.01%	0.01%	Unchanged
80	SPDR SER TR PORTFOLIO SHORT SPSB	SPSB	9,500	$282.1k0.01%	0.01%	Unchanged
81	AMERICAN EXPRESS CO COM AXP	AXP	1,100	$254.7k0.01%	0.01%	Unchanged

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
SEALED AIR CORP NEW		306,245	$11.4m306.2k shares
VENTAS INC VTR	VTR	225,212	$9.8m225.2k 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