Global Alpha Capital Management Ltd.

MONTREAL, A8 · CIK 1584691 · 13F filing filed 2026-08-13

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityGLOBAL ALPHA CAPITAL MANAGEMENT LTD. (CA)

$1.7bn reported value +0.4% vs Q1 2026

48positions

44.4%in top 10

2 new 19 added 27 reduced 8 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	ORMAT TECHNOLOGIES INC COM ORA	ORA	1,359,802	$148.2m8.88%	8.88%	Reduced -431.5k	-431,546 -24.1%
2	UMB FINL CORP COM UMBF	UMBF	690,325	$98.6m5.90%	5.90%	Added +31.3k	+31,343 4.8%
3	SANMINA CORPORATION COM SANM	SANM	296,337	$75.0m4.49%	4.49%	Reduced -306.2k	-306,225 -50.8%
4	COMMVAULT SYS INC COM CVLT	CVLT	494,473	$70.1m4.20%	4.20%	Added +126.0k	+126,002 34.2%
5	GLOBUS MED INC CL A GMED	GMED	856,616	$67.7m4.06%	4.06%	Added +162.2k	+162,172 23.4%
6	AMERICOLD REALTY TRUST INC COM COLD	COLD	4,291,891	$67.5m4.04%	4.04%	Added +1.2m	+1,199,314 38.8%
7	DIODES INC COM DIOD	DIOD	578,999	$63.4m3.80%	3.80%	Reduced -258.7k	-258,655 -30.9%
8	GXO LOGISTICS INCORPORATED COMMON STOCK GXO	GXO	1,046,730	$53.1m3.18%	3.18%	Added +117.2k	+117,220 12.6%
9	RUSH ENTERPRISES INC CL A RUSHA	RUSHA	682,458	$49.8m2.98%	2.98%	Reduced -51.7k	-51,739 -7.0%
10	EAGLE MATLS INC COM EXP	EXP	214,813	$48.3m2.90%	2.90%	Reduced -1.4k	-1,406 -0.7%
11	BOSTON BEER INC CL A SAM	SAM	267,567	$47.4m2.84%	2.84%	Added +120.0k	+120,042 81.4%
12	ANI PHARMACEUTICALS INC COM ANIP	ANIP	558,003	$46.2m2.77%	2.77%	Added +196.8k	+196,763 54.5%
13	RADNET INC COM RDNT	RDNT	734,875	$45.3m2.72%	2.72%	Added +76.7k	+76,667 11.7%
14	RAYONIER INC COM RYN	RYN	2,080,000	$44.3m2.65%	2.65%	Reduced -10.3k	-10,294 -0.5%
15	FEDERAL SIGNAL CORP COM FSS	FSS	326,966	$42.0m2.52%	2.52%	Reduced -3.1k	-3,109 -0.9%
16	RLI CORP COM RLI	RLI	700,675	$41.4m2.48%	2.48%	Added +112.2k	+112,192 19.1%
17	GENTHERM INC COM THRM	THRM	1,186,720	$40.5m2.43%	2.43%	Reduced -4.8k	-4,845 -0.4%
18	EVERCORE INC CLASS A EVR	EVR	118,121	$40.3m2.42%	2.42%	Reduced -736	-736 -0.6%
19	ATN INTL INC COM ATNI	ATNI	1,444,296	$38.3m2.29%	2.29%	Reduced -12.7k	-12,702 -0.9%
20	LIMONEIRA CO COM LMNR	LMNR	2,898,549	$38.1m2.28%	2.28%	Reduced -27.7k	-27,718 -0.9%
21	DIGI INTL INC COM DGII	DGII	475,962	$35.7m2.14%	2.14%	Reduced -2.8k	-2,812 -0.6%
22	SPROTT INC COM NEW SII	SII	315,583	$35.6m2.14%	2.14%	Added +2.1k	+2,105 0.7%
23	QUAKER HOUGHTON COM KWR	KWR	216,161	$34.3m2.06%	2.06%	Added +46.4k	+46,402 27.3%
24	SERVICE CORP INTL COM SCI	SCI	434,105	$33.0m1.98%	1.98%	Added +86.5k	+86,458 24.9%
25	GULFPORT ENERGY CORP COMMON SHARES GPOR	GPOR	189,819	$32.2m1.93%	1.93%	Reduced -723	-723 -0.4%
26	BOYD GROUP SERVICES INC COM BGSI	BGSI	323,914	$30.6m1.84%	1.84%	Reduced -1.6k	-1,646 -0.5%
27	DOCUSIGN INC COM DOCU	DOCU	673,986	$29.9m1.79%	1.79%	New
28	PRA GROUP INC COM PRAA	PRAA	1,574,253	$29.9m1.79%	1.79%	Reduced -362.5k	-362,507 -18.7%
29	ALCOA CORP COM AA	AA	558,623	$29.1m1.75%	1.75%	Reduced -130.6k	-130,625 -18.9%
30	GENIUS SPORTS LIMITED SHARES CL A GENI	GENI	4,443,719	$28.2m1.69%	1.69%	Reduced -4.6k	-4,632 -0.1%
31	ARMSTRONG WORLD INDS INC NEW COM AWI	AWI	173,997	$27.9m1.67%	1.67%	Reduced -248	-248 -0.1%
32	RESIDEO TECHNOLOGIES INC COM REZI	REZI	824,926	$25.7m1.54%	1.54%	Reduced -1.9k	-1,926 -0.2%
33	DNOW INC COM DNOW	DNOW	1,622,200	$21.0m1.26%	1.26%	Reduced -1.4m	-1,385,645 -46.1%
34	SOLAREDGE TECHNOLOGIES INC COM SEDG	SEDG	346,602	$20.3m1.21%	1.21%	Added +303.5k	+303,474 703.7%
35	CLEAN ENERGY FUELS CORP COM CLNE	CLNE	9,516,240	$19.5m1.17%	1.17%	Added +2.4m	+2,389,423 33.5%
36	EURONET WORLDWIDE INC COM EEFT	EEFT	234,587	$17.2m1.03%	1.03%	Reduced -1.6k	-1,638 -0.7%
37	WERIDE INC SPONSORED ADS WRD	WRD	2,812,760	$16.4m0.98%	0.98%	Added +265.1k	+265,058 10.4%
38	ENERSYS COM ENS	ENS	25,706	$6.0m0.36%	0.36%	Reduced -3.5k	-3,487 -11.9%
39	VALMONT INDS INC COM VMI	VMI	8,347	$4.8m0.29%	0.29%	Reduced -18	-18 -0.2%
40	NEXTRACKER INC CLASS A COM NXT	NXT	32,923	$3.9m0.24%	0.24%	Reduced -1.2k	-1,188 -3.5%
41	FEDERAL AGRIC MTG CORP CL C AGM	AGM	18,367	$3.7m0.22%	0.22%	Added +1.6k	+1,557 9.3%
42	MONTROSE ENVIRONMENTAL GROUP COM ONT	ONT	173,335	$3.5m0.21%	0.21%	Added +30.3k	+30,339 21.2%
43	BALCHEM CORP COM BCPC	BCPC	20,214	$3.4m0.20%	0.20%	Reduced -45	-45 -0.2%
44	ZURN ELKAY WATER SOLNS CORP COM ZWS	ZWS	66,923	$3.4m0.20%	0.20%	Reduced -147	-147 -0.2%
45	VERICEL CORP COM VCEL	VCEL	64,141	$2.9m0.17%	0.17%	Added +14.2k	+14,183 28.4%
46	ADTALEM GLOBAL ED INC COM CVSA	CVSA	19,501	$2.4m0.15%	0.15%	Reduced -43	-43 -0.2%
47	MUELLER WTR PRODS INC COM SER A MWA	MWA	90,303	$2.3m0.14%	0.14%	Added +41.7k	+41,669 85.7%
48	POWER INTEGRATIONS INC COM POWI	POWI	11,829	$990.8k0.06%	0.06%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ACI WORLDWIDE INC ACIW	ACIW	915,665	$37.6m915.7k shares
WINTRUST FINL CORP WTFC	WTFC	234,380	$32.6m234.4k shares
CAE INC CAE	CAE	1,206,866	$31.5m1.2m shares
BRUNSWICK CORP BC	BC	373,581	$27.2m373.6k shares
CASELLA WASTE SYS INC CWST	CWST	325,827	$25.9m325.8k shares
CERTARA INC CERT	CERT	172,205	$981.6k172.2k shares
BLACKBAUD INC BLKB	BLKB	14,155	$546.5k14.2k shares
ATOUR LIFESTYLE HLDGS LTD ATAT	ATAT	5,570	$205.0k5.6k 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
LIMONEIRA CO LMNR · 13G · filed 2026-02-09	LMNR	16.2%≈ $38.4m		13G	2026-02-09
ATN INTL INC ATNI · 13G · filed 2025-01-06	ATNI	10.1%≈ $40.6m		13G	2025-01-06