Vault-13

Pacific Ridge Capital Partners, LLC

LAKE OSWEGO, OR · CIK 1591546 · 13F filing filed 2026-08-12

SEC-registered investment adviser since 2013 · limited liability company

$551.0m reported value +19.3% vs Q1 2026
134positions
23.3%in top 10
8 new 46 added 80 reduced 11 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).

#SecurityTickerShares Value% of portfolioChangeShares change
1 NORTHEAST BK PORTLAND ME COM NBN NBN 119,173 $15.8m2.87% 2.87% ReducedShares held: Q3 2025 121.0k, Q4 2025 127.3k, Q1 2026 127.5k, Q2 2026 119.2k -8.4k -8,361 -6.6%
2 RED ROBIN GOURMET BURGERS IN COM RRGB RRGB 1,779,173 $14.2m2.58% 2.58% ReducedShares held: Q3 2025 1.3m, Q4 2025 1.4m, Q1 2026 1.8m, Q2 2026 1.8m -13.8k -13,817 -0.8%
3 VERSABANK NEW COM VBNK VBNK 585,516 $13.6m2.47% 2.47% ReducedShares held: Q3 2025 602.5k, Q4 2025 585.1k, Q1 2026 590.0k, Q2 2026 585.5k -4.5k -4,497 -0.8%
4 NATURAL GAS SVCS GROUP INC COM NGS NGS 303,023 $13.1m2.37% 2.37% ReducedShares held: Q3 2025 391.3k, Q4 2025 345.7k, Q1 2026 305.4k, Q2 2026 303.0k -2.4k -2,351 -0.8%
5 HERITAGE INSURANCE HLDGS INC COM HRTG HRTG 500,463 $13.1m2.37% 2.37% AddedShares held: Q3 2025 458.9k, Q4 2025 372.0k, Q1 2026 405.9k, Q2 2026 500.5k +94.6k +94,603 23.3%
6 TWIN DISC INC COM TWIN TWIN 526,488 $12.2m2.22% 2.22% ReducedShares held: Q3 2025 544.8k, Q4 2025 527.8k, Q1 2026 530.6k, Q2 2026 526.5k -4.1k -4,078 -0.8%
7 DHI GROUP INC COM DHX DHX 3,228,701 $12.0m2.17% 2.17% ReducedShares held: Q3 2025 3.1m, Q4 2025 3.4m, Q1 2026 3.6m, Q2 2026 3.2m -400.4k -400,426 -11.0%
8 MOTORCAR PTS AMER INC COM MPAA MPAA 766,467 $11.7m2.13% 2.13% ReducedShares held: Q3 2025 669.3k, Q4 2025 692.5k, Q1 2026 772.4k, Q2 2026 766.5k -6.0k -5,954 -0.8%
9 ALICO INC COM ALCO ALCO 283,139 $11.7m2.13% 2.13% ReducedShares held: Q3 2025 292.9k, Q4 2025 284.5k, Q1 2026 285.3k, Q2 2026 283.1k -2.2k -2,193 -0.8%
10 KIMBALL ELECTRONICS INC COM KE KE 439,224 $11.2m2.04% 2.04% AddedShares held: Q3 2025 331.0k, Q4 2025 321.5k, Q1 2026 322.5k, Q2 2026 439.2k +116.7k +116,727 36.2%
11 AMERICAN INTEGRITY INS GROUP COM AII AII 579,444 $10.9m1.98% 1.98% AddedShares held: Q3 2025 250.3k, Q4 2025 310.3k, Q1 2026 389.4k, Q2 2026 579.4k +190.0k +190,024 48.8%
12 CPI CARD GROUP INC COM NEW PMTS PMTS 507,681 $10.5m1.91% 1.91% AddedShares held: Q3 2025 391.3k, Q4 2025 442.5k, Q1 2026 466.0k, Q2 2026 507.7k +41.6k +41,646 8.9%
13 LAKELAND INDS INC COM LAKE LAKE 975,881 $10.4m1.89% 1.89% AddedShares held: Q3 2025 475.8k, Q4 2025 772.0k, Q1 2026 929.0k, Q2 2026 975.9k +46.9k +46,900 5.0%
14 JAKKS PAC INC COM NEW JAKK JAKK 433,495 $10.1m1.83% 1.83% ReducedShares held: Q3 2025 341.1k, Q4 2025 406.3k, Q1 2026 436.9k, Q2 2026 433.5k -3.4k -3,444 -0.8%
15 CAPITAL BANCORP INC MD COM CBNK CBNK 286,371 $10.1m1.83% 1.83% AddedShares held: Q3 2025 200.2k, Q4 2025 194.4k, Q1 2026 231.3k, Q2 2026 286.4k +55.1k +55,085 23.8%
16 BANKWELL FINL GROUP INC COM BWFG BWFG 166,709 $9.8m1.78% 1.78% ReducedShares held: Q3 2025 172.5k, Q4 2025 167.6k, Q1 2026 168.0k, Q2 2026 166.7k -1.3k -1,291 -0.8%
17 AVIAT NETWORKS INC COM NEW AVNW AVNW 441,141 $9.8m1.78% 1.78% AddedShares held: Q3 2025 311.3k, Q4 2025 371.3k, Q1 2026 383.2k, Q2 2026 441.1k +57.9k +57,900 15.1%
18 PARKE BANCORP INC COM PKBK PKBK 291,183 $9.7m1.75% 1.75% ReducedShares held: Q3 2025 301.1k, Q4 2025 292.4k, Q1 2026 293.4k, Q2 2026 291.2k -2.3k -2,256 -0.8%
19 REPAY HLDGS CORP COM CL A RPAY RPAY 2,240,738 $9.4m1.71% 1.71% AddedShares held: Q3 2025 617.5k, Q4 2025 1.1m, Q1 2026 1.4m, Q2 2026 2.2m +827.4k +827,361 58.5%
20 KELLY SVCS INC CL A KELYA KELYA 763,886 $9.4m1.70% 1.70% AddedShares held: Q3 2025 86.7k, Q4 2025 117.5k, Q1 2026 547.2k, Q2 2026 763.9k +216.6k +216,641 39.6%
21 UNITY BANCORP INC COM UNTY UNTY 157,618 $9.3m1.68% 1.68% ReducedShares held: Q3 2025 154.1k, Q4 2025 149.7k, Q1 2026 158.8k, Q2 2026 157.6k -1.2k -1,231 -0.8%
22 FS BANCORP INC COM FSBW FSBW 206,499 $9.0m1.63% 1.63% ReducedShares held: Q3 2025 213.6k, Q4 2025 207.5k, Q1 2026 208.1k, Q2 2026 206.5k -1.6k -1,595 -0.8%
23 FIRST BUSINESS FINL SVCS INC COM FBIZ FBIZ 139,808 $8.8m1.60% 1.60% ReducedShares held: Q3 2025 144.6k, Q4 2025 140.5k, Q1 2026 140.9k, Q2 2026 139.8k -1.1k -1,084 -0.8%
24 BUILD-A-BEAR WORKSHOP INC COM BBW BBW 284,811 $8.7m1.58% 1.58% AddedShares held: Q3 2025 157.6k, Q4 2025 165.7k, Q1 2026 216.0k, Q2 2026 284.8k +68.8k +68,836 31.9%
25 RIMINI STR INC DEL COM RMNI RMNI 2,044,428 $8.7m1.58% 1.58% AddedShares held: Q3 2025 1.7m, Q4 2025 1.9m, Q1 2026 1.9m, Q2 2026 2.0m +130.9k +130,904 6.8%
26 RCM TECHNOLOGIES INC COM NEW RCMT RCMT 305,070 $8.6m1.56% 1.56% AddedShares held: Q3 2025 183.5k, Q4 2025 258.2k, Q1 2026 285.6k, Q2 2026 305.1k +19.5k +19,461 6.8%
27 HORIZON BANCORP INC COM HBNC HBNC 425,352 $8.5m1.54% 1.54% ReducedShares held: Q3 2025 440.5k, Q4 2025 427.0k, Q1 2026 428.6k, Q2 2026 425.4k -3.3k -3,295 -0.8%
28 FIVE STAR BANCORP COM FSBC FSBC 172,850 $8.4m1.53% 1.53% ReducedShares held: Q3 2025 201.6k, Q4 2025 195.6k, Q1 2026 176.8k, Q2 2026 172.8k -3.9k -3,901 -2.2%
29 BOWMAN CONSULTING GROUP LTD COM BWMN BWMN 276,963 $8.1m1.47% 1.47% AddedShares held: Q3 2025 252.1k, Q4 2025 244.8k, Q1 2026 245.6k, Q2 2026 277.0k +31.4k +31,411 12.8%
30 HAMILTON BEACH BRANDS HLDG C COM CL A HBB HBB 341,468 $7.9m1.43% 1.43% ReducedShares held: Q3 2025 327.4k, Q4 2025 340.5k, Q1 2026 344.1k, Q2 2026 341.5k -2.6k -2,641 -0.8%
31 AMERICAN PUB ED INC COM APEI APEI 144,579 $7.8m1.41% 1.41% ReducedShares held: Q3 2025 172.2k, Q4 2025 167.3k, Q1 2026 167.7k, Q2 2026 144.6k -23.1k -23,072 -13.8%
32 COMMERCIAL BANCGROUP INC COM CBK CBK 223,763 $7.2m1.31% 1.31% ReducedShares held: Q3 2025 0, Q4 2025 139.6k, Q1 2026 225.5k, Q2 2026 223.8k -1.7k -1,743 -0.8%
33 USCB FINANCIAL HOLDINGS INC CLASS A COM USCB USCB 339,688 $7.0m1.26% 1.26% ReducedShares held: Q3 2025 351.3k, Q4 2025 341.2k, Q1 2026 342.3k, Q2 2026 339.7k -2.6k -2,632 -0.8%
34 MILLER INDS INC TENN COM NEW MLR MLR 135,738 $6.9m1.26% 1.26% ReducedShares held: Q3 2025 121.3k, Q4 2025 135.3k, Q1 2026 136.8k, Q2 2026 135.7k -1.1k -1,081 -0.8%
35 METROPOLITAN BK HLDG CORP COM MCB MCB 67,775 $6.7m1.21% 1.21% ReducedShares held: Q3 2025 133.9k, Q4 2025 131.4k, Q1 2026 136.8k, Q2 2026 67.8k -69.0k -69,005 -50.5%
36 J JILL INC COM JILL JILL 417,667 $6.6m1.20% 1.20% AddedShares held: Q3 2025 0, Q4 2025 182.5k, Q1 2026 357.4k, Q2 2026 417.7k +60.3k +60,301 16.9%
37 HACKETT GROUP INC COM HCKT HCKT 608,663 $6.6m1.19% 1.19% AddedShares held: Q3 2025 39.3k, Q4 2025 52.4k, Q1 2026 67.5k, Q2 2026 608.7k +541.1k +541,121 801.2%
38 COLONY BANKCORP INC COM CBAN CBAN 319,367 $6.4m1.16% 1.16% ReducedShares held: Q3 2025 391.4k, Q4 2025 380.1k, Q1 2026 321.8k, Q2 2026 319.4k -2.5k -2,481 -0.8%
39 ORRSTOWN FINL SVCS INC COM ORRF ORRF 146,302 $6.0m1.08% 1.08% ReducedShares held: Q3 2025 151.4k, Q4 2025 147.1k, Q1 2026 147.4k, Q2 2026 146.3k -1.1k -1,132 -0.8%
40 FORRESTER RESH INC COM FORR FORR 705,344 $5.9m1.08% 1.08% ReducedShares held: Q3 2025 432.3k, Q4 2025 588.9k, Q1 2026 710.8k, Q2 2026 705.3k -5.5k -5,503 -0.8%
41 ASURE SOFTWARE INC COM ASUR ASUR 696,002 $5.5m1.00% 1.00% ReducedShares held: Q3 2025 714.7k, Q4 2025 698.7k, Q1 2026 701.8k, Q2 2026 696.0k -5.8k -5,776 -0.8%
42 ALPINE INCOME PPTY TR INC COM PINE PINE 264,271 $5.5m1.00% 1.00% ReducedShares held: Q3 2025 273.3k, Q4 2025 264.1k, Q1 2026 266.3k, Q2 2026 264.3k -2.0k -2,049 -0.8%
43 SHOE CARNIVAL INC COM SHOE SHOE 368,360 $5.5m0.99% 0.99% AddedShares held: Q3 2025 0, Q4 2025 152.4k, Q1 2026 309.5k, Q2 2026 368.4k +58.9k +58,880 19.0%
44 MISTRAS GROUP INC COM MG MG 282,880 $4.9m0.90% 0.90% ReducedShares held: Q3 2025 290.6k, Q4 2025 283.8k, Q1 2026 285.3k, Q2 2026 282.9k -2.4k -2,394 -0.8%
45 CHIRON REAL ESTATE INC COM NEW XRN XRN 130,529 $4.9m0.89% 0.89% ReducedShares held: Q3 2025 133.5k, Q4 2025 129.0k, Q1 2026 131.6k, Q2 2026 130.5k -1.1k -1,081 -0.8%
46 INTEST CORP COM INTT INTT 248,275 $4.5m0.82% 0.82% ReducedShares held: Q3 2025 538.8k, Q4 2025 517.5k, Q1 2026 502.3k, Q2 2026 248.3k -254.0k -254,024 -50.6%
47 DMC GLOBAL INC COM BOOM BOOM 758,983 $4.4m0.80% 0.80% ReducedShares held: Q3 2025 670.4k, Q4 2025 643.1k, Q1 2026 804.6k, Q2 2026 759.0k -45.6k -45,635 -5.7%
48 LIFETIME BRANDS INC COM LCUT LCUT 491,911 $4.2m0.76% 0.76% ReducedShares held: Q3 2025 514.5k, Q4 2025 482.1k, Q1 2026 495.7k, Q2 2026 491.9k -3.8k -3,826 -0.8%
49 SUNRISE RLTY TR INC COM SUNS SUNS 529,714 $4.2m0.76% 0.76% AddedShares held: Q3 2025 372.8k, Q4 2025 352.1k, Q1 2026 403.0k, Q2 2026 529.7k +126.7k +126,679 31.4%
50 RIVERVIEW BANCORP INC COM RVSB RVSB 749,544 $4.1m0.74% 0.74% ReducedShares held: Q3 2025 699.5k, Q4 2025 723.7k, Q1 2026 755.4k, Q2 2026 749.5k -5.8k -5,811 -0.8%
51 MARCUS CORP DEL COM MCS MCS 166,613 $3.9m0.71% 0.71% ReducedShares held: Q3 2025 0, Q4 2025 167.3k, Q1 2026 167.9k, Q2 2026 166.6k -1.3k -1,297 -0.8%
52 HURCO CO COM HURC HURC 169,747 $3.9m0.71% 0.71% ReducedShares held: Q3 2025 175.6k, Q4 2025 165.5k, Q1 2026 171.1k, Q2 2026 169.7k -1.3k -1,314 -0.8%
53 ACACIA RESH CORP ACACIA TCH COM ACTG ACTG 810,962 $3.8m0.69% 0.69% ReducedShares held: Q3 2025 839.2k, Q4 2025 810.3k, Q1 2026 817.2k, Q2 2026 811.0k -6.3k -6,280 -0.8%
54 PARK DENTAL PARTNERS INC COM PARK PARK 172,748 $3.7m0.68% 0.68% AddedShares held: Q3 2025 0, Q4 2025 156.9k, Q1 2026 135.5k, Q2 2026 172.7k +37.2k +37,248 27.5%
55 COOPER STD HLDGS INC COM CPS CPS 130,423 $3.5m0.64% 0.64% ReducedShares held: Q3 2025 156.3k, Q4 2025 151.8k, Q1 2026 131.4k, Q2 2026 130.4k -1.0k -1,017 -0.8%
56 CORE MOLDING TECHNOLOGIES IN COM CMT CMT 143,189 $3.4m0.61% 0.61% ReducedShares held: Q3 2025 148.2k, Q4 2025 145.0k, Q1 2026 144.3k, Q2 2026 143.2k -1.1k -1,107 -0.8%
57 TILLYS INC CL A TLYS TLYS 803,638 $3.4m0.61% 0.61% AddedShares held: Q3 2025 487.5k, Q4 2025 692.6k, Q1 2026 693.3k, Q2 2026 803.6k +110.3k +110,318 15.9%
58 HOME BANCORP INC COM HBCP HBCP 47,786 $3.3m0.59% 0.59% ReducedShares held: Q3 2025 83.6k, Q4 2025 81.2k, Q1 2026 49.8k, Q2 2026 47.8k -2.0k -1,980 -4.0%
59 P A M TRANSN SVCS INC COM PAMT PAMT 193,151 $2.7m0.49% 0.49% ReducedShares held: Q3 2025 179.6k, Q4 2025 193.9k, Q1 2026 194.6k, Q2 2026 193.2k -1.5k -1,488 -0.8%
60 SILVERCREST ASSET MGMT GROUP CL A SAMG SAMG 245,859 $2.5m0.45% 0.45% AddedShares held: Q3 2025 212.1k, Q4 2025 205.9k, Q1 2026 206.7k, Q2 2026 245.9k +39.2k +39,173 18.9%
61 SHIMMICK CORPORATION COM SHIM SHIM 542,440 $2.5m0.45% 0.45% AddedShares held: Q3 2025 451.7k, Q4 2025 430.0k, Q1 2026 439.8k, Q2 2026 542.4k +102.7k +102,662 23.3%
62 GENASYS INC COM GNSS GNSS 1,440,921 $2.4m0.44% 0.44% ReducedShares held: Q3 2025 1.1m, Q4 2025 1.3m, Q1 2026 1.5m, Q2 2026 1.4m -11.2k -11,238 -0.8%
63 SENSUS HEALTHCARE INC COM SRTS SRTS 789,675 $2.4m0.43% 0.43% ReducedShares held: Q3 2025 573.4k, Q4 2025 698.6k, Q1 2026 796.1k, Q2 2026 789.7k -6.4k -6,397 -0.8%
64 BGSF INC COM BGSF BGSF 381,083 $2.2m0.39% 0.39% ReducedShares held: Q3 2025 394.4k, Q4 2025 356.5k, Q1 2026 384.0k, Q2 2026 381.1k -3.0k -2,954 -0.8%
65 PHOTRONICS INC COM PLAB PLAB 63,210 $2.1m0.37% 0.37% AddedShares held: Q3 2025 71.4k, Q4 2025 55.3k, Q1 2026 51.6k, Q2 2026 63.2k +11.6k +11,569 22.4%
66 DXP ENTERPRISES INC COM NEW DXPE DXPE 11,619 $2.0m0.36% 0.36% ReducedShares held: Q3 2025 11.2k, Q4 2025 11.7k, Q1 2026 11.8k, Q2 2026 11.6k -131 -131 -1.1%
67 RESOURCES CONNECTION INC COM RGP RGP 454,533 $1.9m0.35% 0.35% AddedShares held: Q3 2025 50.0k, Q4 2025 52.3k, Q1 2026 52.3k, Q2 2026 454.5k +402.2k +402,203 768.6%
68 KOPPERS HOLDINGS INC COM KOP KOP 42,995 $1.9m0.35% 0.35% ReducedShares held: Q3 2025 37.8k, Q4 2025 39.6k, Q1 2026 43.5k, Q2 2026 43.0k -494 -494 -1.1%
69 UNIVERSAL ELECTRS INC COM UEIC UEIC 399,404 $1.9m0.35% 0.35% AddedShares held: Q3 2025 360.6k, Q4 2025 339.1k, Q1 2026 350.9k, Q2 2026 399.4k +48.5k +48,504 13.8%
70 COASTAL FINL CORP WA COM NEW CCB CCB 24,221 $1.9m0.34% 0.34% AddedShares held: Q3 2025 16.7k, Q4 2025 15.7k, Q1 2026 20.4k, Q2 2026 24.2k +3.8k +3,823 18.7%
71 WABASH NATL CORP COM WNC WNC 138,996 $1.9m0.34% 0.34% AddedShares held: Q3 2025 88.2k, Q4 2025 112.2k, Q1 2026 112.2k, Q2 2026 139.0k +26.8k +26,792 23.9%
72 HEALTHCARE SVCS GROUP INC COM HCSG HCSG 74,094 $1.8m0.33% 0.33% ReducedShares held: Q3 2025 94.5k, Q4 2025 98.8k, Q1 2026 98.8k, Q2 2026 74.1k -24.7k -24,687 -25.0%
73 STAGWELL INC COM CL A STGW STGW 240,354 $1.8m0.32% 0.32% ReducedShares held: Q3 2025 250.9k, Q4 2025 262.6k, Q1 2026 243.1k, Q2 2026 240.4k -2.8k -2,766 -1.1%
74 CARTERS INC COM CRI CRI 42,813 $1.8m0.32% 0.32% ReducedShares held: Q3 2025 36.7k, Q4 2025 43.3k, Q1 2026 43.3k, Q2 2026 42.8k -485 -485 -1.1%
75 PERDOCEO ED CORP COM PRDO PRDO 54,217 $1.7m0.31% 0.31% ReducedShares held: Q3 2025 44.0k, Q4 2025 50.4k, Q1 2026 54.8k, Q2 2026 54.2k -628 -628 -1.1%
76 PATHWARD FINANCIAL INC COM CASH CASH 19,516 $1.7m0.31% 0.31% ReducedShares held: Q3 2025 16.2k, Q4 2025 19.7k, Q1 2026 19.7k, Q2 2026 19.5k -224 -224 -1.1%
77 DOUGLAS DYNAMICS INC COM PLOW PLOW 31,437 $1.7m0.31% 0.31% ReducedShares held: Q3 2025 30.4k, Q4 2025 31.8k, Q1 2026 31.8k, Q2 2026 31.4k -356 -356 -1.1%
78 HELEN OF TROY LTD COM HELE HELE 56,727 $1.6m0.30% 0.30% ReducedShares held: Q3 2025 44.0k, Q4 2025 50.5k, Q1 2026 57.4k, Q2 2026 56.7k -653 -653 -1.1%
79 CONNECTONE BANCORP INC COM CNOB CNOB 48,922 $1.6m0.30% 0.30% ReducedShares held: Q3 2025 47.2k, Q4 2025 49.5k, Q1 2026 49.5k, Q2 2026 48.9k -553 -553 -1.1%
80 NN INC COM NNBR NNBR 410,352 $1.5m0.27% 0.27% ReducedShares held: Q3 2025 426.7k, Q4 2025 400.3k, Q1 2026 413.6k, Q2 2026 410.4k -3.2k -3,204 -0.8%
81 HURON CONSULTING GROUP INC COM HURN HURN 16,329 $1.5m0.27% 0.27% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 16.3k
82 BARRETT BUSINESS SVCS INC COM BBSI BBSI 41,121 $1.5m0.27% 0.27% AddedShares held: Q3 2025 33.2k, Q4 2025 38.4k, Q1 2026 38.5k, Q2 2026 41.1k +2.7k +2,666 6.9%
83 EPLUS INC COM PLUS PLUS 17,525 $1.5m0.26% 0.26% AddedShares held: Q3 2025 9.9k, Q4 2025 10.4k, Q1 2026 10.4k, Q2 2026 17.5k +7.1k +7,128 68.6%
84 FIRST FINANCIAL CORPORATION COM THFF THFF 18,604 $1.4m0.26% 0.26% ReducedShares held: Q3 2025 18.0k, Q4 2025 18.8k, Q1 2026 18.8k, Q2 2026 18.6k -210 -210 -1.1%
85 BUSINESS FIRST BANCSHARES IN COM BFST BFST 46,854 $1.4m0.26% 0.26% ReducedShares held: Q3 2025 45.3k, Q4 2025 47.4k, Q1 2026 47.4k, Q2 2026 46.9k -529 -529 -1.1%
86 MERCHANTS BANCORP IND COM MBIN MBIN 28,425 $1.4m0.26% 0.26% ReducedShares held: Q3 2025 15.2k, Q4 2025 21.9k, Q1 2026 28.8k, Q2 2026 28.4k -328 -328 -1.1%
87 GBANK FINL HLDGS INC COM GBFH GBFH 46,602 $1.4m0.26% 0.26% AddedShares held: Q3 2025 20.0k, Q4 2025 28.3k, Q1 2026 40.2k, Q2 2026 46.6k +6.4k +6,392 15.9%
88 CRA INTL INC COM CRAI CRAI 9,862 $1.4m0.25% 0.25% AddedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 2.5k, Q2 2026 9.9k +7.3k +7,350 292.6%
89 ONESPAN INC COM OSPN OSPN 90,142 $1.3m0.23% 0.23% AddedShares held: Q3 2025 0, Q4 2025 40.9k, Q1 2026 71.4k, Q2 2026 90.1k +18.7k +18,718 26.2%
90 GRID DYNAMICS HLDGS INC CL A GDYN GDYN 227,680 $1.3m0.23% 0.23% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 227.7k
91 BRIDGEWATER BANCSHARES INC COM BWB BWB 59,005 $1.2m0.23% 0.23% ReducedShares held: Q3 2025 68.9k, Q4 2025 72.0k, Q1 2026 72.0k, Q2 2026 59.0k -13.0k -13,012 -18.1%
92 QCR HOLDINGS INC COM QCRH QCRH 12,290 $1.2m0.22% 0.22% ReducedShares held: Q3 2025 13.3k, Q4 2025 13.9k, Q1 2026 12.4k, Q2 2026 12.3k -141 -141 -1.1%
93 AEBI SCHMIDT HLDG AG COM AEBI AEBI 94,936 $1.2m0.22% 0.22% AddedShares held: Q3 2025 77.1k, Q4 2025 80.7k, Q1 2026 80.7k, Q2 2026 94.9k +14.2k +14,223 17.6%
94 CALERES INC COM CAL CAL 92,712 $1.1m0.21% 0.21% ReducedShares held: Q3 2025 55.9k, Q4 2025 72.4k, Q1 2026 93.8k, Q2 2026 92.7k -1.1k -1,071 -1.1%
95 HYSTER-YALE INC CL A HY HY 31,218 $1.1m0.20% 0.20% AddedShares held: Q3 2025 8.9k, Q4 2025 20.1k, Q1 2026 27.8k, Q2 2026 31.2k +3.4k +3,375 12.1%
96 NATIONAL CINEMEDIA INC COM NEW NCMI NCMI 284,148 $1.1m0.20% 0.20% AddedShares held: Q3 2025 119.2k, Q4 2025 124.6k, Q1 2026 157.4k, Q2 2026 284.1k +126.8k +126,753 80.5%
97 DESIGNER BRANDS INC CL A DBI DBI 180,979 $1.1m0.19% 0.19% AddedShares held: Q3 2025 175.0k, Q4 2025 161.5k, Q1 2026 161.5k, Q2 2026 181.0k +19.5k +19,483 12.1%
98 ACCO BRANDS CORP COM ACCO ACCO 248,314 $1.0m0.19% 0.19% ReducedShares held: Q3 2025 212.5k, Q4 2025 251.1k, Q1 2026 251.2k, Q2 2026 248.3k -2.9k -2,857 -1.1%
99 HERITAGE FINL CORP WASH COM HFWA HFWA 34,627 $1.0m0.19% 0.19% ReducedShares held: Q3 2025 42.0k, Q4 2025 43.9k, Q1 2026 35.0k, Q2 2026 34.6k -400 -400 -1.1%
100 ENNIS INC COM EBF EBF 48,021 $1.0m0.19% 0.19% ReducedShares held: Q3 2025 39.1k, Q4 2025 48.6k, Q1 2026 48.6k, Q2 2026 48.0k -557 -557 -1.1%

Sold out since Q1 2026

SecurityTickerShares held beforeValue then
NWPX INFRASTRUCTURE INC NWPX NWPX 110,144 $8.6m110.1k shares
AMTECH SYS INC ASYS ASYS 405,371 $4.7m405.4k shares
SLEEP NUMBER CORP SNBRQ SNBRQ 1,767,445 $3.2m1.8m shares
COHU INC COHU COHU 45,990 $1.4m46.0k shares
PENGUIN SOLUTIONS INC PENG PENG 66,272 $1.2m66.3k shares
GLOBAL NET LEASE INC GNL GNL 78,171 $731.7k78.2k shares
EDGEWELL PERS CARE CO EPC EPC 28,682 $612.1k28.7k shares
ULTRA CLEAN HLDGS INC UCTT UCTT 9,172 $570.3k9.2k shares
SMITH MICRO SOFTWARE INC 519,799 $374.0k519.8k shares
TRUEBLUE INC TBI TBI 74,470 $291.2k74.5k shares
ALIGHT INC ALIT ALIT 335,781 $195.7k335.8k 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.

CompanyTickerStakeChange ScheduleLast filed
LAKELAND INDS INC LAKE · 13G · filed 2026-02-06 LAKE 7.9%≈ $8.3m +4.0 pts 13G 2026-02-06
RED ROBIN GOURMET BURGERS IN RRGB · 13G · filed 2026-02-06 RRGB 7.7%≈ $11.1m +0.9 pts 13G 2026-02-06
DHI GROUP INC DHX · 13G · filed 2026-02-04 DHX 7.3%≈ $12.8m +0.6 pts 13G 2026-02-04