Q2 2025 Holdings
Filed 2025-08-14 | 39 holdings | $115.2M | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Bank7 Corp(BSVN) | COMM | 06652N107 | $19.5M | 467,280 | 17.0% |
| Acme United Corp(ACU) | COMM | 004816104 | $15.7M | 378,942 | 13.6% |
| DLH Holdings Corp(DLHC) | COMM | 23335Q100 | $13.8M | 2,366,765 | 12.0% |
| Ascent Industries Co(ACNT) | COMM | 871565107 | $10.1M | 800,000 | 8.8% |
| Currency Exchange Internatio(CURN) | COMM | 23131B307 | $8.7M | 599,097 | 7.5% |
| Envela Corporation(ELA) | COMM | 29402E102 | $8.0M | 1,299,523 | 6.9% |
| American Integrity Insurance(AII) | COMM | 026948109 | $7.8M | 426,540 | 6.8% |
| Astro-Med Inc(ALOT) | COMM | 04638F108 | $4.4M | 379,361 | 3.8% |
| Heritage Global Inc(HGBL) | COMM | 42727E103 | $4.1M | 1,867,021 | 3.6% |
| Friedman Industries(FRD) | COMM | 358435105 | $3.3M | 199,049 | 2.9% |
| Hudson Global Inc(STRR) | COMM | 443787205 | $2.3M | 274,496 | 2.0% |
| Crawford United Corporation(CRAWA) | COMM | 22511P100 | $2.2M | 44,864 | 1.9% |
| Electrovaya Inc(ELVA) | COMM | 28617B606 | $1.3M | 395,101 | 1.2% |
| SR Bancorp Inc(SRBK) | COMM | 85227J106 | $1.3M | 96,963 | 1.1% |
| BBX Capital Inc(BBXIA) | COMM | 073319105 | $1.3M | 400,801 | 1.1% |
| Opus Genetics Inc(IRD) | COMM | 67577R102 | $1.1M | 1,197,616 | 1.0% |
| Holley Inc(HLLY) | WRNT | 43538H103 | $1.1M | 551,738 | 1.0% |
| Natural Alternatives Intl(NAII) | COMM | 638842302 | $964.3K | 293,982 | 0.8% |
| Exagen Inc(XGN) | COMM | 30068X103 | $907.4K | 130,000 | 0.8% |
| KVH Industries Inc(KVHI) | COMM | 482738101 | $819.1K | 153,683 | 0.7% |
| Codexis Inc(CDXS) | COMM | 192005106 | $785.0K | 321,711 | 0.7% |
| Full House Resorts Inc(FLL) | COMM | 359678109 | $739.3K | 202,006 | 0.6% |
| National Vision Holdings Inc(EYE) | COMM | 63845R107 | $732.3K | 31,826 | 0.6% |
| Twin Disc Inc(TWIN) | COMM | 901476101 | $542.6K | 61,447 | 0.5% |
| Forte Biosciences Inc(FBRX) | COMM | 34962G208 | $502.9K | 38,893 | 0.4% |
| Quest Resource Holding Corp(QRHC) | COMM | 74836W203 | $404.7K | 200,333 | 0.4% |
| Kewaunee Scientific CP(KEQU) | COMM | 492854104 | $370.4K | 6,310 | 0.3% |
| Organogenesis Holdings Inc(ORGO) | COMM | 68621F102 | $339.7K | 92,826 | 0.3% |
| Salem Media Group Inc | COMM | 794093104 | $301.4K | 354,553 | 0.3% |
| Century Casinos Inc(CNTY) | COMM | 156492100 | $287.6K | 136,001 | 0.2% |
| Canterbury Park Holding Corp(CPHC) | COMM | 13811E101 | $275.0K | 14,589 | 0.2% |
| Lightpath Technologies Inc(LPTH) | COMM | 532257805 | $246.2K | 79,948 | 0.2% |
| Eton Pharmaceuticals Inc(ETON) | COMM | 29772L108 | $215.7K | 15,139 | 0.2% |
| Rimini Street Inc(RMNI) | COMM | 76674Q107 | $188.5K | 50,000 | 0.2% |
| Stran & Co Inc(SWAG) | COMM | 86260J102 | $125.0K | 86,772 | 0.1% |
| Birchtech Corp | COMM | 59833H101 | $88.4K | 131,000 | 0.1% |
| Xtant Medical Holdings Inc(XTNT) | COMM | 98420P308 | $80.9K | 109,466 | 0.1% |
| Dawson Geophysical Co(DWSN) | COMM | 239360100 | $54.7K | 37,460 | 0.0% |
| Sportsman`s Warehouse Holdin(SPWH) | COMM | 84920Y106 | $53.1K | 15,382 | 0.0% |