Q3 2025 Holdings
Filed 2025-11-12 | 135 holdings | $455.0M | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Northeast Bank(NBN) | COM | 66405S100 | $12.1M | 120,991 | 2.7% |
| Heritage Insurance Hlds Inc(HRTG) | COM | 42727J102 | $11.6M | 458,929 | 2.5% |
| MotorCar Parts of America Inc(MPAA) | COM | 620071100 | $11.1M | 669,281 | 2.4% |
| Nwpx Infrastructure(NWPX) | COM | 667746101 | $11.1M | 208,770 | 2.4% |
| Natural Gas Services Group Inc(NGS) | COM | 63886Q109 | $11.0M | 391,287 | 2.4% |
| Bowman Consulting Grp(BWMN) | COM | 103002101 | $10.7M | 252,050 | 2.3% |
| Build A Bear Workshop(BBW) | COM | 120076104 | $10.3M | 157,617 | 2.3% |
| Alico Inc(ALCO) | COM | 016230104 | $10.2M | 292,923 | 2.2% |
| Metropolitan Bank Hld(MCB) | COM | 591774104 | $10.0M | 133,859 | 2.2% |
| Kimball Electronics(KE) | COM | 49428J109 | $9.9M | 331,002 | 2.2% |
| Red Robin Gourmet Burgers(RRGB) | COM | 75689M101 | $8.8M | 1,275,939 | 1.9% |
| DHI Group(DHX) | COM | 23331S100 | $8.6M | 3,109,135 | 1.9% |
| FS Bancorp(FSBW) | COM | 30263Y104 | $8.5M | 213,641 | 1.9% |
| AXT Inc(AXTI) | COM | 00246W103 | $8.1M | 1,793,797 | 1.8% |
| Rimini Street Inc.(RMNI) | COM | 76674Q107 | $7.9M | 1,697,839 | 1.7% |
| Bankwell Financial Group(BWFG) | COM | 06654A103 | $7.6M | 172,537 | 1.7% |
| Twin Disc Inc(TWIN) | COM | 901476101 | $7.6M | 544,840 | 1.7% |
| Unity Bancorp(UNTY) | COM | 913290102 | $7.5M | 154,119 | 1.7% |
| First Business Financial Servi(FBIZ) | COM | 319390100 | $7.4M | 144,623 | 1.6% |
| Versabank(VBNK) | COM | 92512J106 | $7.4M | 602,453 | 1.6% |
| Lincoln Education Services(LINC) | COM | 533535100 | $7.3M | 312,569 | 1.6% |
| Aviat Networks Inc(AVNW) | COM | 05366Y201 | $7.1M | 311,254 | 1.6% |
| Horizon Bancorp(HBNC) | COM | 440407104 | $7.1M | 440,502 | 1.6% |
| Lakeland Industries(LAKE) | COM | 511795106 | $7.0M | 475,793 | 1.5% |
| American Public Education(APEI) | COM | 02913V103 | $6.8M | 172,225 | 1.5% |
| Colony Bankcorp(CBAN) | COM | 19623P101 | $6.7M | 391,382 | 1.5% |
| Five Star Bancorp(FSBC) | COM | 33830T103 | $6.5M | 201,592 | 1.4% |
| Parke Bancorp(PKBK) | COM | 700885106 | $6.5M | 301,126 | 1.4% |
| Jakks Pacific Inc(JAKK) | COM | 47012E403 | $6.4M | 341,133 | 1.4% |
| Capital Bancorp(CBNK) | COM | 139737100 | $6.4M | 200,189 | 1.4% |
| Uscb Financial Hlds(USCB) | COM | 90355N101 | $6.1M | 351,307 | 1.3% |
| Amtech Systems(ASYS) | COM | 032332504 | $6.0M | 646,489 | 1.3% |
| CPI Card Group(PMTS) | COM | 12634H200 | $5.9M | 391,325 | 1.3% |
| Asure Software(ASUR) | COM | 04649U102 | $5.9M | 714,684 | 1.3% |
| Cooper Standard Hlds(CPS) | COM | 21676P103 | $5.8M | 156,343 | 1.3% |
| DMC Global Inc(BOOM) | COM | 23291C103 | $5.7M | 670,390 | 1.2% |
| American Integrity Insurance(AII) | COM | 026948109 | $5.6M | 250,253 | 1.2% |
| Sleep Number Corp(SNBR) | COM | 83125X103 | $5.4M | 774,276 | 1.2% |
| Strattec Security(STRT) | COM | 863111100 | $5.3M | 78,561 | 1.2% |
| Orrstown Financial Services(ORRF) | COM | 687380105 | $5.1M | 151,427 | 1.1% |
| Miller Industries Inc(MLR) | COM | 600551204 | $4.9M | 121,261 | 1.1% |
| RCM Technologies(RCMT) | COM | 749360400 | $4.9M | 183,471 | 1.1% |
| Hamilton Beach Brands Hld(HBB) | COM | 40701T104 | $4.7M | 327,373 | 1.0% |
| Forrester Research(FORR) | COM | 346563109 | $4.6M | 432,322 | 1.0% |
| Home Bancorp, Inc(HBCP) | COM | 43689E107 | $4.5M | 83,622 | 1.0% |
| Global Medical REIT(GMRE) | COM | 37954A303 | $4.5M | 133,547 | 1.0% |
| InTest Corp(INTT) | COM | 461147100 | $4.2M | 538,822 | 0.9% |
| Sunrise Realty Trust(SUNS) | COM | 867981102 | $3.9M | 372,774 | 0.9% |
| Alpine Income Property Trust(PINE) | COM | 02083X103 | $3.9M | 273,296 | 0.9% |
| Riverview Bancorp(RVSB) | COM | 769397100 | $3.8M | 699,506 | 0.8% |