AltraVue Capital, LLC

BELLEVUE, WA · CIK 1740837 · 13F filing filed 2026-08-13

SEC-registered investment adviser since 2018 · limited liability company

Assets managed$1.5bn
Staff5 · 3 in investment roles
Main clients (by assets)Private funds 57%, Charities 24%, Other advisers 18%
Private funds2 (2 hedge) · $871.0m gross assets
Websitealtravue.com
Form ADV · 2026-01-30SEC adviser record

Legal entityALTRAVUE CAPITAL, LLC (US)

$1.4bn reported value +19.5% vs Q1 2026

26positions

62.6%in top 10

1 new 5 added 15 reduced 2 sold out vs Q1 2026

This report includes the holdings of 1 other manager that shares the investment decisions:

Legato Capital Management LLC – files its own report too; $174.8m of shares are in both

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

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	STONEX GROUP INC COM SNEX	SNEX	1,377,144	$163.2m11.76%	11.76%	Reduced -251.9k	-251,853 -15.5%
2	VSE CORP COM VSEC	VSEC	514,157	$117.5m8.47%	8.47%	Reduced -10.6k	-10,640 -2.0%
3	TRIUMPH FINANCIAL INC COM TFIN	TFIN	1,404,817	$107.2m7.73%	7.73%	Reduced -26.9k	-26,900 -1.9%
4	EPLUS INC COM PLUS	PLUS	910,893	$75.8m5.47%	5.47%	Reduced -15.8k	-15,760 -1.7%
5	WINMARK CORP COM WINA	WINA	172,363	$72.9m5.26%	5.26%	Added +10.5k	+10,500 6.5%
6	ARGAN INC COM AGX	AGX	90,472	$72.2m5.21%	5.21%	Reduced -21.3k	-21,330 -19.1%
7	UL SOLUTIONS INC CLASS A COM SHS ULS	ULS	702,316	$71.5m5.16%	5.16%	Unchanged
8	IES HOLDINGS INC COM IESC	IESC	96,317	$70.8m5.10%	5.10%	Reduced -33.5k	-33,450 -25.8%
9	UNITEDHEALTH GROUP INC COM UNH	UNH	141,720	$58.9m4.25%	4.25%	Unchanged
10	AGILYSYS INC COM AGYS	AGYS	552,557	$57.7m4.16%	4.16%	Added +146.6k	+146,590 36.1%
11	BAKER HUGHES COMPANY CL A BKR	BKR	879,140	$48.8m3.52%	3.52%	Unchanged
12	NAYAX LTD SHS NYAX	NYAX	690,135	$45.2m3.26%	3.26%	Added +140.6k	+140,561 25.6%
13	MARRIOTT INTL INC NEW CL A MAR	MAR	119,280	$44.2m3.19%	3.19%	Unchanged
14	NVR INC COM NVR	NVR	6,070	$41.4m2.98%	2.98%	Unchanged
15	UFP TECHNOLOGIES INC COM UFPT	UFPT	147,466	$39.1m2.82%	2.82%	Reduced -6.6k	-6,600 -4.3%
16	LSI INDS INC OHIO COM LYTS	LYTS	1,391,553	$37.0m2.67%	2.67%	Reduced -62.3k	-62,310 -4.3%
17	BGC GROUP INC CL A BGC	BGC	3,344,270	$35.8m2.58%	2.58%	Reduced -149.6k	-149,620 -4.3%
18	NB BANCORP INC COM NBBK	NBBK	1,655,108	$35.0m2.52%	2.52%	Added +351.0k	+351,028 26.9%
19	OIL DRI CORP AMER COM ODC	ODC	318,770	$32.6m2.35%	2.35%	Reduced -14.3k	-14,300 -4.3%
20	FIRSTSERVICE CORP NEW COM FSV	FSV	225,625	$32.1m2.31%	2.31%	Added +99.4k	+99,370 78.7%
21	DAILY JOURNAL CORP COM DJCO	DJCO	48,316	$29.0m2.09%	2.09%	Reduced -2.2k	-2,170 -4.3%
22	ECOVYST INC COM ECVT	ECVT	2,008,430	$25.0m1.80%	1.80%	New
23	I3 VERTICALS INC COM CL A IIIV	IIIV	1,120,046	$23.9m1.72%	1.72%	Reduced -50.1k	-50,100 -4.3%
24	CLIMB GLOBAL SOLUTIONS INC COM CLMB	CLMB	939,774	$21.8m1.57%	1.57%	Reduced -42.1k	-42,150 -4.3%
25	CONSOLIDATED WATER CO INC ORD CWCO	CWCO	680,620	$20.1m1.45%	1.45%	Reduced -30.4k	-30,450 -4.3%
26	SIGA TECHNOLOGIES INC COM SIGA	SIGA	2,327,144	$8.5m0.61%	0.61%	Reduced -104.9k	-104,880 -4.3%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
TRIPADVISOR INC TRIP	TRIP	1,717,020	$18.3m1.7m shares
NOMAD FOODS LTD NOMD	NOMD	1,284,653	$12.3m1.3m 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
TRIUMPH FINANCIAL INC TFIN · 13G · filed 2026-01-14	TFIN	6.4%≈ $115.7m	+1.3 pts	13G	2026-01-14
AVID BIOSERVICES INC PPHM · 13G · filed 2025-01-14	PPHM	5.9%		13G	2025-01-14
CLIMB GLOBAL SOLUTIONS INC CLMB · 13G · filed 2026-03-03	CLMB	5.0%≈ $5.7m	new	13G	2026-03-03