REINHART PARTNERS, LLC.

MEQUON, WI · CIK 1080298 · 13F filing filed 2026-04-13

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)

$3.5bn reported value +4.2% vs Q4 2025

70positions

37.5%in top 10

3 new 33 added 32 reduced 7 sold out vs Q4 2025

Also in the report of:

Dorsey & Whitney Trust CO LLC – $271.1k of shares are in both reports

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

Holdings, Q1 2026

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	AXCELIS TECHNOLOGIES INC COM NEW ACLS	ACLS	1,657,745	$154.3m4.44%	4.44%	Added +67.8k	+67,847 4.3%
2	FIRST CTZNS BANCSHARES INC N CL A FCNCA	FCNCA	78,297	$147.6m4.24%	4.24%	Added +483	+483 0.6%
3	SILICON MOTION TECHNOLOGY CO SPONSORED ADR SIMO	SIMO	1,314,039	$147.6m4.24%	4.24%	Reduced -259.3k	-259,316 -16.5%
4	MODINE MFG CO COM MOD	MOD	601,200	$130.3m3.75%	3.75%	Reduced -61.0k	-60,994 -9.2%
5	INTERDIGITAL INC COM IDCC	IDCC	422,289	$127.5m3.67%	3.67%	Added +4.7k	+4,650 1.1%
6	PAYCOM SOFTWARE INC COM PAYC	PAYC	1,015,715	$123.5m3.55%	3.55%	Added +417.4k	+417,392 69.8%
7	SKYWARD SPECIALTY INS GROUP COM SKWD	SKWD	2,780,784	$121.5m3.49%	3.49%	Added +364.0k	+364,031 15.1%
8	ADAPTHEALTH CORP COMMON STOCK AHCO	AHCO	10,081,983	$120.0m3.45%	3.45%	Added +2.0m	+1,981,198 24.5%
9	LANTHEUS HLDGS INC COM LNTH	LNTH	1,564,878	$118.7m3.41%	3.41%	Added +2.3k	+2,302 0.1%
10	YETI HLDGS INC COM YETI	YETI	3,118,339	$114.1m3.28%	3.28%	Added +82.8k	+82,778 2.7%
11	FORMFACTOR INC COM FORM	FORM	1,159,698	$112.5m3.23%	3.23%	Reduced -992.6k	-992,650 -46.1%
12	GRAND CANYON ED INC COM LOPE	LOPE	644,988	$109.7m3.15%	3.15%	Added +126.1k	+126,074 24.3%
13	LANDSTAR SYS INC COM LSTR	LSTR	682,536	$109.4m3.15%	3.15%	Added +21.5k	+21,458 3.2%
14	ASSURED GUARANTY LTD COM AGO	AGO	1,287,173	$104.9m3.01%	3.01%	Added +24.5k	+24,475 1.9%
15	EURONET WORLDWIDE INC COM EEFT	EEFT	1,490,528	$98.9m2.84%	2.84%	Added +142.2k	+142,188 10.6%
16	V2X INC COM VVX	VVX	1,440,959	$98.7m2.84%	2.84%	Added +11.7k	+11,748 0.8%
17	HILLMAN SOLUTIONS CORP COM HLMN	HLMN	11,443,162	$95.2m2.74%	2.74%	Added +54.6k	+54,644 0.5%
18	FIRST AMERN FINL CORP COM FAF	FAF	1,524,700	$91.9m2.64%	2.64%	Added +10.3k	+10,258 0.7%
19	ACI WORLDWIDE INC COM ACIW	ACIW	2,234,814	$91.7m2.63%	2.63%	Added +1.1m	+1,103,405 97.5%
20	ONESPAWORLD HOLDINGS LIMITED COM OSW	OSW	3,884,788	$89.2m2.56%	2.56%	Added +1.7m	+1,697,822 77.6%
21	FRONTDOOR INC COM FTDR	FTDR	1,619,504	$85.6m2.46%	2.46%	Reduced -9.6k	-9,648 -0.6%
22	WHITE MTNS INS GROUP LTD COM WTM	WTM	37,374	$82.1m2.36%	2.36%	Reduced -6.6k	-6,599 -15.0%
23	U HAUL HOLDING COMPANY COM SER N UHAL.B	UHAL.B	1,833,018	$81.9m2.35%	2.35%	Added +10.4k	+10,441 0.6%
24	INSPERITY INC COM NSP	NSP	2,947,709	$79.7m2.29%	2.29%	Added +202.7k	+202,674 7.4%
25	WINTRUST FINL CORP COM WTFC	WTFC	524,560	$72.9m2.10%	2.10%	Reduced -11	-11 0.0%
26	MADISON SQUARE GRDN SPRT COR CL A MSGS	MSGS	224,969	$72.3m2.08%	2.08%	Added +10.1k	+10,078 4.7%
27	CADRE HLDGS INC COM CDRE	CDRE	2,237,897	$68.7m1.97%	1.97%	Added +67.5k	+67,548 3.1%
28	FIRST HAWAIIAN INC COM FHB	FHB	2,641,899	$65.1m1.87%	1.87%	Added +50.3k	+50,340 1.9%
29	RYMAN HOSPITALITY PPTYS INC COM RHP	RHP	699,112	$64.5m1.85%	1.85%	Added +27.1k	+27,148 4.0%
30	ASGN INC COM EFOR	EFOR	1,650,955	$63.9m1.84%	1.84%	Added +444.0k	+444,015 36.8%
31	MAXIMUS INC COM MMS	MMS	855,069	$54.8m1.58%	1.58%	Added +129.8k	+129,800 17.9%
32	INTERNATIONAL BANCSHARES COR COM IBOC	IBOC	745,696	$50.2m1.44%	1.44%	Added +6.4k	+6,356 0.9%
33	INDEPENDENT BK CORP MASS COM INDB	INDB	649,296	$48.8m1.40%	1.40%	Added +26.3k	+26,339 4.2%
34	ENCOMPASS HEALTH CORP COM EHC	EHC	427,200	$41.3m1.19%	1.19%	Added +54.4k	+54,436 14.6%
35	AMERICOLD REALTY TRUST INC COM COLD	COLD	3,402,232	$39.0m1.12%	1.12%	Added +3.1m	+3,128,105 1141.1%
36	ELEMENT SOLUTIONS INC COM ESI	ESI	976,283	$33.3m0.96%	0.96%	Reduced -270.6k	-270,634 -21.7%
37	COCA COLA CONS INC COM COKE	COKE	42,135	$8.1m0.23%	0.23%	Reduced -2.9k	-2,943 -6.5%
38	AFFILIATED MANAGERS GROUP IN COM AMG	AMG	26,285	$7.3m0.21%	0.21%	Reduced -2.0k	-1,998 -7.1%
39	TRANSUNION COM TRU	TRU	98,061	$6.8m0.20%	0.20%	Reduced -8.2k	-8,182 -7.7%
40	SMITH A O CORP COM AOS	AOS	102,686	$6.8m0.19%	0.19%	Added +7.7k	+7,748 8.2%
41	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	23,923	$6.8m0.19%	0.19%	Reduced -12.4k	-12,414 -34.2%
42	TAPESTRY INC COM TPR	TPR	46,372	$6.5m0.19%	0.19%	Reduced -3.6k	-3,645 -7.3%
43	LIVE NATION ENTERTAINMENT IN COM LYV	LYV	42,689	$6.5m0.19%	0.19%	Reduced -3.0k	-2,968 -6.5%
44	XCEL ENERGY INC COM XEL	XEL	79,117	$6.3m0.18%	0.18%	Reduced -6.0k	-6,019 -7.1%
45	SENSATA TECHNOLOGIES HLDG PL SHS ST	ST	171,966	$6.1m0.17%	0.17%	Reduced -12.5k	-12,482 -6.8%
46	DOLLAR GEN CORP NEW COM DG	DG	50,684	$6.0m0.17%	0.17%	Reduced -3.1k	-3,130 -5.8%
47	LPL FINL HLDGS INC COM LPLA	LPLA	19,751	$5.9m0.17%	0.17%	Reduced -1.1k	-1,125 -5.4%
48	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	37,228	$5.9m0.17%	0.17%	Added +6.5k	+6,513 21.2%
49	ACUITY INC COM AYI	AYI	19,902	$5.6m0.16%	0.16%	New
50	MICROCHIP TECHNOLOGY INC. COM MCHP	MCHP	83,444	$5.4m0.15%	0.15%	Reduced -6.1k	-6,147 -6.9%
51	REXFORD INDL RLTY INC COM REXR	REXR	160,416	$5.3m0.15%	0.15%	Reduced -10.8k	-10,805 -6.3%
52	FIDELITY NATIONAL FINANCIAL FNF GROUP COM FNF	FNF	112,522	$5.2m0.15%	0.15%	Added +8.8k	+8,752 8.4%
53	SPROUTS FMRS MKT INC COM SFM	SFM	67,304	$5.2m0.15%	0.15%	New
54	AMERICAN FINL GROUP INC OHIO COM AFG	AFG	40,473	$5.2m0.15%	0.15%	Added +15.0k	+14,969 58.7%
55	M & T BK CORP COM MTB	MTB	24,039	$5.0m0.14%	0.14%	Reduced -2.1k	-2,094 -8.0%
56	CAMDEN PPTY TR SH BEN INT CPT	CPT	50,688	$5.0m0.14%	0.14%	Reduced -3.5k	-3,522 -6.5%
57	BJS WHSL CLUB HLDGS INC COM BJ	BJ	49,926	$4.9m0.14%	0.14%	Reduced -4.5k	-4,526 -8.3%
58	LKQ CORP COM LKQ	LKQ	155,390	$4.6m0.13%	0.13%	Reduced -9.0k	-8,951 -5.5%
59	BAKER HUGHES COMPANY CL A BKR	BKR	74,425	$4.5m0.13%	0.13%	Reduced -5.6k	-5,611 -7.0%
60	EAGLE MATLS INC COM EXP	EXP	23,698	$4.5m0.13%	0.13%	Reduced -1.8k	-1,778 -7.0%
61	SS&C TECHNOLOGIES HLDGS INC COM SSNC	SSNC	66,062	$4.5m0.13%	0.13%	Reduced -27.5k	-27,531 -29.4%
62	ALLISON TRANSMISSION HLDGS I COM ALSN	ALSN	37,779	$4.4m0.13%	0.13%	Reduced -23.9k	-23,915 -38.8%
63	COGNIZANT TECHNOLOGY SOLUTIO CL A CTSH	CTSH	57,569	$3.5m0.10%	0.10%	Reduced -6.4k	-6,381 -10.0%
64	BOK FINL CORP COM NEW BOKF	BOKF	27,510	$3.5m0.10%	0.10%	Reduced -2.7k	-2,680 -8.9%
65	FIDELITY NATL INFORMATION SV COM FIS	FIS	66,780	$3.1m0.09%	0.09%	Reduced -7.5k	-7,509 -10.1%
66	MARRIOTT INTL INC NEW CL A MAR	MAR	9,108	$3.0m0.09%	0.09%	Reduced -604	-604 -6.2%
67	PROGRESSIVE CORP COM PGR	PGR	12,502	$2.5m0.07%	0.07%	Reduced -591	-591 -4.5%
68	DUOLINGO INC CL A COM DUOL	DUOL	20,911	$2.1m0.06%	0.06%	New
69	ISHARES TR CORE S&P500 ETF IVV	IVV	2,245	$1.5m0.04%	0.04%	Unchanged
70	SPDR SER TR PORTFOLIO SHORT SPSB	SPSB	9,500	$285.7k0.01%	0.01%	Unchanged

Sold out since Q4 2025

Security	Ticker	Shares held before	Value then
PAR TECHNOLOGY CORP PAR	PAR	1,309,860	$47.5m1.3m shares
AVANTOR INC AVTR	AVTR	484,963	$5.6m485.0k shares
ZIMMER BIOMET HOLDINGS INC ZBH	ZBH	49,362	$4.4m49.4k shares
ISHARES TR IWM	IWM	17,135	$4.2m17.1k shares
GLOBAL PMTS INC GPN	GPN	51,327	$4.0m51.3k shares
SNAP ON INC SNA	SNA	8,477	$2.9m8.5k shares
ISHARES TR IWS	IWS	4,055	$572.0k4.1k 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