BARD ASSOCIATES INC

CHICAGO, IL · CIK 1105907 · 13F filing filed 2026-08-12

SEC-registered investment adviser since 1987 · corporation

Assets managed$416.2m
Staff10 · 4 in investment roles
Main clients (by assets)High net worth individuals 88%, Individuals 8%, Private funds 5%
Private funds1 (1 hedge) · $19.2m gross assets
Form ADV · 2026-05-22SEC adviser record

$450.5m reported value +13.1% vs Q1 2026

293positions

37.3%in top 10

53 new 98 added 78 reduced 53 sold out vs Q1 2026

Holdings, Q2 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	JANUS DETROIT STR TR HENDRSON AAA CL JAAA	JAAA	502,312	$25.5m5.65%	5.65%	Added +2.4k	+2,420 0.5%
2	ISHARES TR PFD AND INCM SEC PFF	PFF	693,046	$21.1m4.69%	4.69%	Added +1.2k	+1,162 0.2%
3	COHERENT CORP COM COHR	COHR	53,200	$21.0m4.66%	4.66%	Reduced -435	-435 -0.8%
4	FLAHERTY & CRUMRINE PFD SECS COM XFFCX	XFFCX	1,227,796	$20.0m4.44%	4.44%	Added +11.8k	+11,775 1.0%
5	SCHWAB STRATEGIC TR SHT TM US TRES SCHO	SCHO	653,377	$15.8m3.50%	3.50%	Added +144.5k	+144,529 28.4%
6	AEHR TEST SYS COM AEHR	AEHR	156,900	$15.1m3.35%	3.35%	Reduced -22.2k	-22,227 -12.4%
7	ISHARES TR RESIDENTIAL MULT REZ	REZ	147,066	$13.9m3.09%	3.09%	Added +946	+946 0.7%
8	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	139,298	$13.4m2.98%	2.98%	Added +131	+131 0.1%
9	MAMAS CREATIONS INC COM MAMA	MAMA	676,338	$12.1m2.68%	2.68%	Reduced -13.3k	-13,283 -1.9%
10	AMPLITECH GROUP INC COM NEW AMPG	AMPG	1,477,265	$10.3m2.28%	2.28%	Reduced -119.9k	-119,930 -7.5%
11	OIL DRI CORP AMER COM ODC	ODC	98,537	$10.1m2.24%	2.24%	Reduced -1.6k	-1,649 -1.6%
12	ONE STOP SYS INC COM OSS	OSS	526,370	$9.6m2.12%	2.12%	Reduced -14.3k	-14,296 -2.6%
13	ALPS ETF TR ALERIAN MLP AMLP	AMLP	171,562	$8.9m1.97%	1.97%	Reduced -1.1k	-1,120 -0.7%
14	KAYNE ANDERSON ENERGY INFRST COM KYN	KYN	624,480	$8.6m1.92%	1.92%	Added +38.2k	+38,219 6.5%
15	TORTOISE ENERGY INFRA CORP COM TYG	TYG	196,455	$8.4m1.87%	1.87%	Reduced -71	-71 -0.0%
16	ENSIGN GROUP INC COM ENSG	ENSG	49,450	$7.9m1.76%	1.76%	Reduced -30	-30 -0.1%
17	ARCHROCK INC COM AROC	AROC	180,128	$7.3m1.63%	1.63%	Reduced -2.3k	-2,263 -1.2%
18	NEXTERA ENERGY INC COM NEE	NEE	76,691	$6.7m1.49%	1.49%	Reduced -613	-613 -0.8%
19	BK TECHNOLOGIES CORPORATION COM NEW BKTI	BKTI	68,735	$5.9m1.31%	1.31%	Reduced -375	-375 -0.5%
20	TORTOISE CAPITAL SERIES TRUS POWER ENRGY INFR TPZ	TPZ	253,897	$5.6m1.23%	1.23%	Reduced -810	-810 -0.3%
21	FTAI INFRASTRUCTURE INC COMMON STOCK FIP	FIP	1,196,467	$5.6m1.23%	1.23%	Reduced -8.1k	-8,126 -0.7%
22	VANGUARD WORLD FD UTILITIES ETF VPU	VPU	27,133	$5.3m1.18%	1.18%	Added +288	+288 1.1%
23	LEGACY ED INC COM LGCY	LGCY	444,279	$5.2m1.16%	1.16%	Reduced -4.2k	-4,201 -0.9%
24	ACME UTD CORP COM ACU	ACU	108,195	$5.2m1.15%	1.15%	Reduced -1.2k	-1,214 -1.1%
25	OR ROYALTIES INC. COM SHS OR	OR	161,823	$5.1m1.14%	1.14%	Reduced -2.0k	-2,040 -1.2%
26	ASCENT INDUSTRIES CO COM ACNT	ACNT	321,984	$4.8m1.07%	1.07%	Reduced -3.6k	-3,598 -1.1%
27	USA COMPRESSION PARTNERS LP COMUNIT LTDPAR USAC	USAC	183,250	$4.8m1.07%	1.07%	Reduced -598	-598 -0.3%
28	BRANCHOUT FOOD INC COM BOF	BOF	1,030,329	$4.7m1.05%	1.05%	Reduced -4.3k	-4,271 -0.4%
29	LEGACY HOUSING CORP COM LEGH	LEGH	179,679	$4.7m1.05%	1.05%	Reduced -631	-631 -0.3%
30	WHEATON PRECIOUS METALS CORP COM WPM	WPM	41,037	$4.6m1.02%	1.02%	Reduced -502	-502 -1.2%
31	ETHOS TECHNOLOGIES INC CL A LIFE	LIFE	248,220	$4.5m1.00%	1.00%	New
32	COMPOSECURE INC COM CL A GPGI	GPGI	283,514	$4.5m1.00%	1.00%	Reduced -1.6k	-1,599 -0.6%
33	FLOTEK INDS INC DEL COM NEW FTK	FTK	190,348	$4.5m0.99%	0.99%	Reduced -296	-296 -0.2%
34	M-TRON INDS INC COM MPTI	MPTI	44,578	$4.4m0.98%	0.98%	Reduced -40.9k	-40,940 -47.9%
35	CLIMB GLOBAL SOLUTIONS INC COM CLMB	CLMB	180,561	$4.2m0.93%	0.93%	Added +178.3k	+178,305 7903.6%
36	VANECK ETF TRUST JUNIOR GOLD MINE GDXJ	GDXJ	41,699	$4.1m0.91%	0.91%	Added +921	+921 2.3%
37	VIEMED HEALTHCARE INC COM VMD	VMD	339,672	$3.9m0.86%	0.86%	Reduced -269	-269 -0.1%
38	INTEST CORP COM INTT	INTT	210,598	$3.8m0.85%	0.85%	Reduced -988	-988 -0.5%
39	EQUINOX GOLD CORP COM EQX	EQX	387,156	$3.8m0.84%	0.84%	Reduced -4.4k	-4,357 -1.1%
40	FREIGHTOS LTD ORD SHS CRGO	CRGO	2,452,274	$3.7m0.83%	0.83%	Added +1.7m	+1,668,285 212.8%
41	CARRIAGE SVCS INC COM CSV	CSV	97,068	$3.7m0.83%	0.83%	Reduced -1.5k	-1,457 -1.5%
42	ELAUWIT CONNECTION INC COM ELWT	ELWT	506,039	$3.6m0.81%	0.81%	Added +90.7k	+90,657 21.8%
43	TECOGEN INC NEW COM NEW TGEN	TGEN	682,221	$3.6m0.79%	0.79%	Reduced -6.1k	-6,088 -0.9%
44	KRATOS DEFENSE & SEC SOLUTIO COM NEW KTOS	KTOS	69,698	$3.5m0.77%	0.77%	Reduced -900	-900 -1.3%
45	CORE MOLDING TECHNOLOGIES IN COM CMT	CMT	143,550	$3.4m0.75%	0.75%	Reduced -1.6k	-1,638 -1.1%
46	LGL GROUP INC COM LGL	LGL	488,923	$3.4m0.75%	0.75%	Reduced -934	-934 -0.2%
47	A-MARK PRECIOUS METALS INC COM GOLD	GOLD	80,754	$3.4m0.75%	0.75%	Reduced -1.2k	-1,250 -1.5%
48	PURE CYCLE CORP COM NEW PCYO	PCYO	311,023	$3.3m0.74%	0.74%	Reduced -2.8k	-2,792 -0.9%
49	KINGSWAY FINL SVCS INC COM NEW KWY	KWY	279,274	$2.9m0.65%	0.65%	Added +1.4k	+1,416 0.5%
50	U S PHYSICAL THERAPY COM USPH	USPH	42,368	$2.9m0.65%	0.65%	Reduced -582	-582 -1.4%
51	ROYAL GOLD INC COM RGLD	RGLD	13,916	$2.8m0.62%	0.62%	Reduced -148	-148 -1.1%
52	CREXENDO INC COM CXDO	CXDO	359,974	$2.7m0.60%	0.60%	Reduced -242.9k	-242,949 -40.3%
53	QUAKER HOUGHTON COM KWR	KWR	16,506	$2.6m0.58%	0.58%	Reduced -252	-252 -1.5%
54	BUDA JUICE INC COM BUDA	BUDA	293,061	$2.5m0.55%	0.55%	Reduced -259	-259 -0.1%
55	SMITH MIDLAND CORP COM SMID	SMID	79,875	$2.3m0.51%	0.51%	Reduced -458	-458 -0.6%
56	ALICO INC COM ALCO	ALCO	55,606	$2.3m0.51%	0.51%	Reduced -23	-23 -0.0%
57	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	4,430	$2.2m0.49%	0.49%	Added +5	+5 0.1%
58	MOBILICOM LTD ORD SHS NEW MOB	MOB	424,407	$2.2m0.48%	0.48%	Reduced -4.2k	-4,242 -1.0%
59	TARGA RES CORP COM TRGP	TRGP	7,773	$2.1m0.46%	0.46%	Unchanged
60	FRANCO NEV CORP COM FNV	FNV	9,455	$2.0m0.44%	0.44%	Reduced -138	-138 -1.4%
61	INTELLINETICS INC COM INLX	INLX	333,341	$1.8m0.41%	0.41%	Added +1.0k	+1,038 0.3%
62	ROYCE MICRO-CAP TR INC COM RMT	RMT	123,838	$1.8m0.40%	0.40%	Added +34.5k	+34,483 38.6%
63	HARROW INC COM HROW	HROW	40,409	$1.7m0.38%	0.38%	Added +12	+12 0.0%
64	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	21,676	$1.6m0.36%	0.36%	Added +1.3k	+1,300 6.4%
65	INVESCO EXCH TRADED FD TR II S&P SMLCP UTIL PSCU	PSCU	23,579	$1.6m0.35%	0.35%	Reduced -48	-48 -0.2%
66	IDEX CORP COM IEX	IEX	6,593	$1.5m0.33%	0.33%	Unchanged
67	RESEARCH SOLUTIONS INC COM RSSS	RSSS	608,979	$1.4m0.31%	0.31%	Added +577	+577 0.1%
68	NEWMONT CORP COM NEM	NEM	14,530	$1.4m0.30%	0.30%	Reduced -4	-4 -0.0%
69	GLOBAL X FDS US INFR DEV ETF PAVE	PAVE	21,996	$1.3m0.29%	0.29%	Added +7.9k	+7,855 55.5%
70	UTAH MED PRODS INC COM UTMD	UTMD	18,455	$1.3m0.28%	0.28%	Added +94	+94 0.5%
71	BRIDGELINE DIGITAL INC COM BLIN	BLIN	1,030,267	$1.2m0.27%	0.27%	Reduced -47.5k	-47,503 -4.4%
72	PACER FDS TR INDUSTRIAL RELET INDS	INDS	28,651	$1.2m0.26%	0.26%	Added +6.9k	+6,873 31.6%
73	CELSIUS HLDGS INC COM NEW CELH	CELH	38,800	$1.1m0.25%	0.25%	Unchanged
74	RIMINI STR INC DEL COM RMNI	RMNI	256,770	$1.1m0.24%	0.24%	Added +7.6k	+7,591 3.0%
75	POWERFLEET INC COM AIOT	AIOT	267,917	$1.0m0.23%	0.23%	Reduced -13.6k	-13,633 -4.8%
76	GLOBAL WTR RES INC COM GWRS	GWRS	129,332	$936.4k0.21%	0.21%	Added +11.0k	+11,000 9.3%
77	NEUROONE MED TECHNOLOGIES CO COM NMTC	NMTC	305,428	$928.5k0.21%	0.21%	New
78	PENNANT GROUP INC COM PNTG	PNTG	25,000	$923.8k0.21%	0.21%	Reduced -48	-48 -0.2%
79	PROSHARES TR PSHS ULTRUSS2000 UWM	UWM	13,200	$887.4k0.20%	0.20%	Reduced -1.7k	-1,700 -11.4%
80	ISSUER DIRECT CORP COM NEW ACCS	ACCS	127,215	$826.9k0.18%	0.18%	Reduced -1.6k	-1,553 -1.2%
81	AMERIS BANCORP COM ABCB	ABCB	8,709	$787.8k0.17%	0.17%	Reduced -170	-170 -1.9%
82	WHERE FOOD COMES FROM INC COM NEW WFCF	WFCF	58,459	$760.6k0.17%	0.17%	Added +400	+400 0.7%
83	HENRY JACK & ASSOC INC COM JKHY	JKHY	5,150	$709.4k0.16%	0.16%	Unchanged
84	MILLER INDS INC TENN COM NEW MLR	MLR	13,797	$705.7k0.16%	0.16%	Reduced -230	-230 -1.6%
85	JAPAN SMALLER CAPITALIZATION COM JOF	JOF	58,289	$686.6k0.15%	0.15%	Added +19.1k	+19,067 48.6%
86	NEOGENOMICS INC COM NEW NEO	NEO	46,865	$683.8k0.15%	0.15%	Unchanged
87	PEMBINA PIPELINE CORP COM PBA	PBA	14,580	$674.3k0.15%	0.15%	Reduced -99	-99 -0.7%
88	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	1,310	$626.9k0.14%	0.14%	Added +7	+7 0.5%
89	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	2,920	$621.3k0.14%	0.14%	New
90	TRANSACT TECHNOLOGIES INC COM TACT	TACT	102,310	$597.5k0.13%	0.13%	Added +2.3k	+2,289 2.3%
91	CECO ENVIRONMENTAL CORP COM CECO	CECO	6,365	$577.6k0.13%	0.13%	Reduced -419	-419 -6.2%
92	PRO-DEX INC COLO COM NEW PDEX	PDEX	9,799	$573.7k0.13%	0.13%	Reduced -767	-767 -7.3%
93	OOMA INC COM OOMA	OOMA	29,021	$557.8k0.12%	0.12%	Added +1.3k	+1,281 4.6%
94	RED VIOLET INC COM RDVT	RDVT	8,034	$511.9k0.11%	0.11%	Added +270	+270 3.5%
95	ALPHABET INC CAP STK CL C GOOG	GOOG	1,371	$484.6k0.11%	0.11%	Added +9	+9 0.7%
96	COEUR MNG INC COM NEW CDE	CDE	28,856	$470.9k0.10%	0.10%	Unchanged
97	MODULAR MED INC COM NEW MODD	MODD	101,744	$457.8k0.10%	0.10%	Added +2.3k	+2,254 2.3%
98	INDEPENDENCE RLTY TR INC COM IRT	IRT	27,100	$457.2k0.10%	0.10%	Reduced -132	-132 -0.5%
99	C H ROBINSON WORLDWIDE INC COM NEW CHRW	CHRW	2,392	$452.1k0.10%	0.10%	Added +15	+15 0.6%
100	CARETRUST REIT INC COM CTRE	CTRE	10,764	$438.5k0.10%	0.10%	Reduced -44	-44 -0.4%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
NEUROONE MED TECHNOLOGIES CO		1,840,498	$1.4m1.8m shares
PERFECT MOMENT LTD PMNT	PMNT	4,294,552	$1.1m4.3m shares
WELLTOWER INC WELL	WELL	4,277	$845.6k4.3k shares
J P MORGAN EXCHANGE TRADED F JPST	JPST	717	$36.3k717 shares
PIMCO ETF TR MINT	MINT	268	$27.0k268 shares
AVINO SILVER & GOLD MINES LT ASM	ASM	2,998	$18.9k3.0k shares
PGIM ETF TR PULS	PULS	325	$16.1k325 shares
WILLDAN GROUP INC WLDN	WLDN	200	$15.3k200 shares
J P MORGAN EXCHANGE TRADED F JPLD	JPLD	261	$13.6k261 shares
VANGUARD BD INDEX FDS BSV	BSV	137	$10.7k137 shares
VANGUARD BD INDEX FDS VUSB	VUSB	209	$10.4k209 shares
TUCOWS INC TCX	TCX	550	$9.4k550 shares
VANGUARD SCOTTSDALE FDS VGSH	VGSH	145	$8.5k145 shares
BANK AMERICA CORP BAC	BAC	145	$7.1k145 shares
RAYONIER INC RYN	RYN	276	$5.7k276 shares
CONOCOPHILLIPS COP	COP	41	$5.4k41 shares
CHEVRON CORP NEW CVX	CVX	25	$5.2k25 shares
DEERE & CO DE	DE	8	$4.5k8 shares
MORGAN STANLEY MS	MS	27	$4.4k27 shares
SCHWAB CHARLES CORP SCHW	SCHW	47	$4.4k47 shares
BANK NEW YORK MELLON CORP BNY	BNY	37	$4.4k37 shares
AIR PRODS & CHEMS INC APD	APD	14	$4.1k14 shares
WALMART INC WMT	WMT	32	$4.0k32 shares
GENERAL DYNAMICS CORP GD	GD	11	$3.8k11 shares
EOG RES INC EOG	EOG	26	$3.8k26 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
BRIDGELINE DIGITAL INC BLIN · 13G · filed 2026-02-13	BLIN	9.7%≈ $1.3m	-1.5 pts	13G	2026-02-13
AMPLITECH GROUP INC AMPG · 13G · filed 2025-01-08	AMPG	8.8%≈ $12.1m		13G	2025-01-08
BRANCHOUT FOOD INC BOF · 13G · filed 2025-12-03	BOF	7.7%≈ $4.8m	new	13G	2025-12-03
INTELLINETICS INC INLX · 13G · filed 2026-05-14	INLX	7.5%	new	13G	2026-05-14
ELAUWIT CONNECTION INC ELWT · 13G · filed 2026-05-13	ELWT	7.2%≈ $3.4m	new	13G	2026-05-13
MODULAR MED INC 13G · filed 2025-07-02		5.6%	new	13G	2025-07-02