Advisory Research Inc.

Name: ADVISORY RESEARCH INC 13F holdings, Q2 2024
Creator: ADVISORY RESEARCH INC
Published: 2024-08-13

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q1 2024

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Advisory Research Inc. reported 160 stock positions worth $531.6 million. Its top holding was Miller Industries (MLR) at 3.9% of the portfolio, followed by Microsoft (MSFT, 3.4%) and Enstar (ESGR, 3.3%). Compared with Q1 2024, it opened 11 new positions, sold out of 7, added to 94 and reduced 44. The biggest buy was a new position in Grocery Outlet (GO) and the biggest sale Reliance (RS, shares −73%).

Most Recent 13F: Q2 2026
Location: CHICAGO, IL
CIK: 0000902584
Portfolio Value: $531.6M (Q2 2024)
SEC Filing: 0001085146-24-003758 ↗ filed Aug 13, 2024

Holdings Value

Holdings 160 stocks · $531.6M


MLR Miller Industries Inc.	3.90%	377,158	$20.8M	Add +1.6%
MSFT Microsoft Corp.	3.39%	40,359	$18.0M	Reduce -9.8%
ESGR Enstar Group Ltd.	3.33%	57,869	$17.7M	Add +1.9%
TSM Taiwan Semiconductor-SP ADR	3.05%	93,333	$16.2M	Add +39.8%
AVGO Broadcom Inc.	3.03%	10,025	$16.1M	Add +6.3%
BELFB Bel Fuse Inc. Class B	2.94%	239,390	$15.6M	Add +0.1%
TRS Trimas Corp.	2.56%	532,573	$13.6M	Add +5.1%
PRSU Pursuit Attractions and Hosp filed as VIAD CORP	2.36%	369,670	$12.6M	Add +0.1%
VZ Verizon Communications Inc.	2.36%	304,131	$12.5M	Add +4.0%
MRK Merck & Co. Inc.	2.34%	100,350	$12.4M	Add +32.7%
PHIN Phinia Inc.	2.30%	310,990	$12.2M	Add +106.5%
GO Grocery Outlet Holding Corp.	2.25%	540,890	$12.0M	New
UNH Unitedhealth Group Inc.	2.22%	23,185	$11.8M	Add +3.8%
PFGC Performance Food Group Co.	2.07%	166,139	$11.0M	Add +4.4%
TPR Tapestry Inc.	1.98%	246,423	$10.5M	Add +2.8%
GSK GSK PLC-Spon ADR	1.94%	267,919	$10.3M	Add +115.1%
GOOGL Alphabet Inc. Class A	1.86%	54,391	$9.9M	Add +316.6%
ABBV Abbvie Inc.	1.83%	56,645	$9.7M	Add +6.1%
PM Philip Morris International	1.82%	95,529	$9.7M	New
KDP Keurig Dr Pepper Inc.	1.79%	285,074	$9.5M	Add +3.4%
DVN Devon Energy Corp.	1.61%	180,187	$8.5M	Add +2.2%
JBTM JBT Marel Corp. filed as JOHN BEAN TECHNOLOGIES CORP	1.58%	88,295	$8.4M	Add +6.2%
LEGH Legacy Housing Corp.	1.53%	354,740	$8.1M	Add +4.8%
HUBB Hubbell Inc.	1.52%	22,097	$8.1M	Reduce -37.0%
AEP American Electric Power	1.46%	88,234	$7.7M	New
MCRI Monarch Casino & Resort Inc.	1.37%	106,675	$7.3M	Reduce -20.7%
ABG Asbury Automotive Group	1.29%	30,118	$6.9M	Reduce -32.0%
MTG Mgic Investment Corp.	1.24%	305,107	$6.6M	Add +185.2%
SHV iShares 0-1 Year Treasury Bo	1.21%	58,278	$6.4M	Add +13.2%
KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC	1.14%	106,818	$6.0M	Reduce -44.1%
FERG Ferguson Jersey Ltd.	1.08%	29,536	$5.7M	Reduce -30.8%
EEX Emerald Holding Inc.	0.99%	925,411	$5.3M	Add +0.6%
EME Emcor Group Inc.	0.99%	14,374	$5.2M	New
LAMR Lamar Advertising Co. Class A	0.94%	41,995	$5.0M	Add +6.8%
VUSB Vanguard Ultra Short Bond Et	0.90%	96,655	$4.8M	Add +18.6%
FLUT Flutter Entertainment PLC-Di	0.80%	23,448	$4.3M	New
HMC Honda Motor Co. Ltd.-Spons ADR	0.80%	131,940	$4.3M	New
ESI Element Solutions Inc.	0.79%	154,476	$4.2M	Reduce -1.0%
VGSH Vanguard Short-Term Treasury	0.76%	69,657	$4.0M	Add +120.7%
NIC Nicolet Bankshares Inc.	0.69%	43,935	$3.6M	Reduce -0.0%
FA First Advantage Corp.	0.68%	223,568	$3.6M	Add +0.2%
GTES Gates Industrial Corp. UK Ltd.	0.64%	213,920	$3.4M	Reduce -13.4%
VOO Vanguard S&P 500 ETF	0.61%	6,443	$3.2M	Reduce -3.2%
UL Unilever PLC	0.57%	55,479	$3.1M	New
HD Home Depot Inc.	0.51%	7,837	$2.7M	Add +6.3%
HQY Healthequity Inc.	0.50%	30,730	$2.6M	Add +0.0%
SKY Champion Homes Inc. filed as SKYLINE CHAMPION CORPORATION	0.48%	37,952	$2.6M	Reduce -0.4%
VIG Vanguard Dividend Apprec ETF	0.48%	13,985	$2.6M	Reduce -3.8%
CASS Cass Information Systems Inc.	0.47%	61,785	$2.5M	Add +0.7%
DSGR Distribution Solutions Group	0.45%	80,190	$2.4M	New
RS Reliance Inc.	0.45%	8,383	$2.4M	Reduce -73.2%
WSO Watsco Inc.	0.45%	5,146	$2.4M	Reduce -77.5%
WBS Webster Financial Corp.	0.45%	54,605	$2.4M	Reduce -0.2%
LMT Lockheed Martin Corp.	0.44%	5,023	$2.3M	Add +12.8%
VCIT Vanguard Int-Term Corporate	0.42%	27,713	$2.2M	No change
DAC Danaos Corp.	0.41%	23,838	$2.2M	Add +10.7%
OSW Onespaworld Holdings Ltd.	0.41%	141,649	$2.2M	Add +0.2%
CDW CDW Corp.	0.41%	9,657	$2.2M	Add +5.8%
SSB Southstate Bank Corp.	0.40%	27,881	$2.1M	Reduce -3.1%
JPM JPMorgan Chase & Co.	0.40%	10,404	$2.1M	Reduce -1.9%
BC Brunswick Corp.	0.38%	27,935	$2.0M	Reduce -0.9%
VCSH Vanguard S/T Corp. Bond ETF	0.38%	25,962	$2.0M	Reduce -16.7%
AZO AutoZone Inc.	0.37%	660	$2.0M	Reduce -1.5%
LRCX Lam Research Corp.	0.37%	1,824	$1.9M	Add +13.2%
STLD Steel Dynamics Inc.	0.36%	14,882	$1.9M	Add +13.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.36%	48,176	$1.9M	Reduce -1.6%
BRK.B Berkshire Hathaway Inc. Class B	0.35%	4,568	$1.9M	Reduce -1.3%
VVV Valvoline Inc.	0.35%	43,000	$1.9M	Add +0.7%
ALKT Alkami Technology Inc.	0.35%	64,901	$1.8M	Reduce -68.1%
NTAP Netapp Inc.	0.34%	14,141	$1.8M	Add +13.4%
ALTG Alta Equipment Group Inc.	0.34%	226,435	$1.8M	Add +155.8%
IPG Interpublic Group of Cos Inc.	0.34%	62,550	$1.8M	Add +13.4%
RSP Invesco S&P 500 Equal Weight	0.34%	10,997	$1.8M	Reduce -5.5%
FND Floor & Decor Holdings Inc. Class A	0.34%	18,141	$1.8M	Reduce -0.4%
IGIB iShares 5-10Y Inv Grade Corp.	0.32%	33,566	$1.7M	No change
FRME First Merchants Corp.	0.32%	51,600	$1.7M	Add +0.0%
ACN Accenture PLC Class A	0.30%	5,327	$1.6M	Add +12.7%
MBB iShares MBS ETF	0.30%	17,518	$1.6M	No change
AXP American Express Co.	0.30%	6,906	$1.6M	Reduce -13.1%
ARES Ares Management Corp. Class A	0.30%	11,905	$1.6M	Reduce -46.9%
ALG Alamo Group Inc.	0.29%	9,065	$1.6M	Add +0.8%
BELFA Bel Fuse Inc. Class A	0.29%	19,242	$1.6M	No change
IBTE iShares Ibonds Dec 2024 Term	0.29%	64,180	$1.5M	No change
EXP Eagle Materials Inc.	0.28%	6,870	$1.5M	Add +1.0%
PZZA Papa John's Intl Inc.	0.27%	30,325	$1.4M	New
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.27%	12,913	$1.4M	Reduce -1.9%
CVX Chevron Corp.	0.26%	9,001	$1.4M	Reduce -1.3%
ATR Aptargroup Inc.	0.26%	9,865	$1.4M	Add +0.5%
UNP Union Pacific Corp.	0.26%	6,052	$1.4M	Reduce -1.5%
CPK Chesapeake Utilities Corp.	0.25%	12,720	$1.4M	Reduce -1.5%
AAPL Apple Inc.	0.25%	6,191	$1.3M	Add +13.3%
HRB H&R Block Inc. filed as BLOCK H & R INC	0.24%	23,714	$1.3M	Add +7.0%
EHC Encompass Health Corp.	0.24%	14,830	$1.3M	Add +6.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.23%	5,095	$1.2M	Reduce -7.5%
ABT Abbott Laboratories	0.23%	11,733	$1.2M	Add +17.4%
PBI Pitney Bowes Inc.	0.22%	232,610	$1.2M	Add +0.1%
ORCL Oracle Corp.	0.22%	8,213	$1.2M	Add +13.8%
VEA Vanguard Ftse Developed ETF	0.21%	22,817	$1.1M	Reduce -25.9%
AEO American Eagle Outfitters	0.21%	55,437	$1.1M	Add +13.2%
COP Conocophillips	0.20%	9,457	$1.1M	Add +20.6%
BLKB Blackbaud Inc.	0.20%	14,055	$1.1M	Add +2.0%
PI Impinj Inc.	0.20%	6,814	$1.1M	Add +7.0%
MCD McDonald's Corp.	0.20%	4,152	$1.1M	Add +20.4%
UFPI Ufp Industries Inc.	0.19%	8,911	$998K	Add +6.7%
HSY The Hershey Co.	0.18%	5,223	$960K	Reduce -1.4%
LESLIES INC	0.18%	228,880	$959K	New
RRX Regal Rexnord Corp.	0.18%	7,039	$952K	Reduce -1.7%
IGSB iShares 1-5Y Inv Grade Corp.	0.17%	17,830	$914K	Add +121.1%
XBI SS SPDR S&P Biotech ETF	0.17%	9,830	$911K	Add +7.1%
VET Vermilion Energy Inc.	0.17%	81,478	$897K	Add +14.0%
BRBR Bellring Brands Inc.	0.17%	15,557	$889K	Add +7.0%
XOM Exxon Mobil Corp.	0.16%	7,506	$864K	Reduce -0.5%
WAL Western Alliance Bancorp	0.16%	13,746	$864K	Add +7.0%
ALSN Allison Transmission Holding	0.16%	11,040	$838K	Add +6.7%
JNJ Johnson & Johnson	0.15%	5,559	$813K	Add +13.3%
SHY iShares 1-3 Year Treasury Bo	0.15%	9,790	$799K	Add +41.4%
NVT Nvent Electric PLC	0.15%	10,220	$783K	Add +6.9%
UNM Unum Group	0.14%	14,975	$765K	Add +6.6%
BX Blackstone Inc.	0.14%	6,167	$763K	No change
PRGS Progress Software Corp.	0.14%	14,015	$760K	Add +7.0%
FUL H.B. Fuller Co. filed as FULLER H B CO	0.14%	9,783	$753K	New
NRG NRG Energy Inc.	0.14%	9,661	$752K	Reduce -45.1%
WSR Whitestone REIT	0.14%	54,815	$730K	Add +6.7%
ARW Arrow Electronics Inc.	0.13%	5,692	$687K	Add +7.0%
INSE Inspired Entertainment Inc.	0.13%	74,260	$679K	Add +6.8%
ARCC Ares Capital Corp.	0.13%	31,943	$666K	Reduce -1.3%
DINO HF Sinclair Corp.	0.12%	12,342	$658K	Add +6.9%
BRSL Brightstar Lottery PLC filed as INTERNATIONAL GAME TECHNOLOG	0.12%	31,668	$648K	Add +11.1%
PRFT Perficient Inc.	0.12%	8,531	$638K	Reduce -50.7%
MTDR Matador Resources Co.	0.11%	9,718	$579K	Add +7.2%
ADUS Addus Homecare Corp.	0.11%	4,924	$572K	Add +7.1%
AMPH Amphastar Pharmaceuticals Inc.	0.11%	14,270	$571K	Add +7.1%
SAIC Science Applications Inte	0.10%	4,646	$546K	Add +7.0%
OC Owens Corning	0.10%	2,988	$519K	Add +7.0%
PATK Patrick Industries Inc.	0.09%	4,524	$491K	Add +6.8%
RYZ Ryerson Holding Corp.	0.09%	24,780	$483K	Add +6.7%
NVO Novo-Nordisk A/S-Spons ADR	0.09%	3,342	$477K	Add +44.4%
NEE Nextera Energy Inc.	0.09%	6,485	$459K	No change
SUPN Supernus Pharmaceuticals Inc.	0.08%	16,766	$448K	Add +6.8%
BYD Boyd Gaming Corp.	0.08%	7,853	$433K	Add +6.9%
GENI Genius Sports Ltd.	0.08%	76,102	$415K	Add +6.9%
ACWI iShares MSCI Acwi ETF	0.07%	3,482	$391K	Add +34.3%
EVRI Everi Holdings Inc.	0.06%	41,019	$345K	Add +7.0%
SR Spire Inc.	0.06%	5,434	$330K	Add +7.0%
HI Hillenbrand Inc.	0.06%	7,990	$320K	Add +7.0%
CUE Cue Biopharma Inc.	0.06%	257,225	$319K	No change
SPY SS SPDR S&P 500 ETF Trust-US	0.06%	574	$312K	Add +33.5%
BXSL Blackstone Secured Lending F	0.06%	9,609	$294K	Reduce -1.4%
HTGC Hercules Capital Inc.	0.05%	13,997	$286K	Reduce -1.5%
MSTR Strategy Inc. filed as MICROSTRATEGY INC	0.05%	205	$282K	Add +6.8%
MAIN Main Street Capital Corp.	0.05%	5,333	$269K	Reduce -2.6%
TSLX Sixth Street Specialty Lendi	0.05%	12,099	$258K	Add +3.4%
OCSL Oaktree Specialty Lending Co.	0.04%	12,723	$239K	Add +4.6%
FSK FS KKR Capital Corp.	0.04%	11,586	$229K	Add +1.4%
STLA Stellantis NV	0.04%	10,920	$217K	Add +48.3%
NOBL Proshares S&P 500 Dividend A	0.04%	2,231	$214K	No change
FDUS Fidus Investment Corp.	0.04%	10,321	$201K	Reduce -1.6%
RWAY Runway Growth Finance Corp.	0.03%	13,424	$158K	Reduce -3.1%
BEAT Heartbeam Inc.	0.02%	50,000	$129K	No change
ATOM Atomera Inc.	0.01%	20,000	$76K	No change

Portfolio Sells Q1 2024 → Q2 2024


RS Reliance Inc.	Reduce -73.2%	0.45%	−1.63
WSO Watsco Inc.	Reduce -77.5%	0.45%	−1.52
HUBB Hubbell Inc.	Reduce -37.0%	1.52%	−1.37
CNNE Cannae Holdings Inc.	Sold out	0.00%	−1.25
OTEX Open Text Corp.	Sold out	0.00%	−1.20
KB KB Financial Group Inc.-ADR	Reduce -44.1%	1.14%	−0.84
ABG Asbury Automotive Group	Reduce -32.0%	1.29%	−0.79
FERG Ferguson Jersey Ltd.	Reduce -30.8%	1.08%	−0.78
EQNR Equinor ASA-Spon ADR	Sold out	0.00%	−0.73
ALKT Alkami Technology Inc.	Reduce -68.1%	0.35%	−0.65
MCRI Monarch Casino & Resort Inc.	Reduce -20.7%	1.37%	−0.64
CHX Championx Corp.	Sold out	0.00%	−0.37
MSFT Microsoft Corp.	Reduce -9.8%	3.39%	−0.35
TRN Trinity Industries Inc.	Sold out	0.00%	−0.31
ARES Ares Management Corp. Class A	Reduce -46.9%	0.30%	−0.29
GTES Gates Industrial Corp. UK Ltd.	Reduce -13.4%	0.64%	−0.23
FL Foot Locker Inc.	Sold out	0.00%	−0.21
SKY Champion Homes Inc.	Reduce -0.4%	0.48%	−0.16
BC Brunswick Corp.	Reduce -0.9%	0.38%	−0.16
FND Floor & Decor Holdings Inc. Class A	Reduce -0.4%	0.34%	−0.13
WBS Webster Financial Corp.	Reduce -0.2%	0.45%	−0.10
VCSH Vanguard S/T Corp. Bond ETF	Reduce -16.7%	0.38%	−0.10
NRG NRG Energy Inc.	Reduce -45.1%	0.14%	−0.10
VEA Vanguard Ftse Developed ETF	Reduce -25.9%	0.21%	−0.10
SSB Southstate Bank Corp.	Reduce -3.1%	0.40%	−0.09
RRX Regal Rexnord Corp.	Reduce -1.7%	0.18%	−0.08
PRFT Perficient Inc.	Reduce -50.7%	0.12%	−0.07
NIC Nicolet Bankshares Inc.	Reduce -0.0%	0.69%	−0.07
AXP American Express Co.	Reduce -13.1%	0.30%	−0.06
RSP Invesco S&P 500 Equal Weight	Reduce -5.5%	0.34%	−0.05
AZO AutoZone Inc.	Reduce -1.5%	0.37%	−0.05
VIG Vanguard Dividend Apprec ETF	Reduce -3.8%	0.48%	−0.05
UNP Union Pacific Corp.	Reduce -1.5%	0.26%	−0.04
VO Vngrd Mrngstr MD-Cap ETF-Usd	Reduce -7.5%	0.23%	−0.04
BRK.B Berkshire Hathaway Inc. Class B	Reduce -1.3%	0.35%	−0.04
VOO Vanguard S&P 500 ETF	Reduce -3.2%	0.61%	−0.03
GLAD Gladstone Capital Corp.	Sold out	0.00%	−0.03
JPM JPMorgan Chase & Co.	Reduce -1.9%	0.40%	−0.03
HSY The Hershey Co.	Reduce -1.4%	0.18%	−0.02
CPK Chesapeake Utilities Corp.	Reduce -1.5%	0.25%	−0.02
CVX Chevron Corp.	Reduce -1.3%	0.26%	−0.02
XOM Exxon Mobil Corp.	Reduce -0.5%	0.16%	−0.01
BAC Bank of America Corp.	Reduce -1.6%	0.36%	−0.01
ARCC Ares Capital Corp.	Reduce -1.3%	0.13%	−0.01
BXSL Blackstone Secured Lending F	Reduce -1.4%	0.06%	−0.01
RWAY Runway Growth Finance Corp.	Reduce -3.1%	0.03%	−0.00
FDUS Fidus Investment Corp.	Reduce -1.6%	0.04%	−0.00
MAIN Main Street Capital Corp.	Reduce -2.6%	0.05%	−0.00
HTGC Hercules Capital Inc.	Reduce -1.5%	0.05%	+0.00
TJX TJX Companies Inc.	Reduce -1.9%	0.27%	+0.00

Portfolio Buys Q1 2024 → Q2 2024


GO Grocery Outlet Holding Corp.	New	2.25%	+2.25
PM Philip Morris International	New	1.82%	+1.82
GOOGL Alphabet Inc. Class A	Add +316.6%	1.86%	+1.47
AEP American Electric Power	New	1.46%	+1.46
TSM Taiwan Semiconductor-SP ADR	Add +39.8%	3.05%	+1.25
PHIN Phinia Inc.	Add +106.5%	2.30%	+1.15
EME Emcor Group Inc.	New	0.99%	+0.99
GSK GSK PLC-Spon ADR	Add +115.1%	1.94%	+0.88
FLUT Flutter Entertainment PLC-Di	New	0.80%	+0.80
HMC Honda Motor Co. Ltd.-Spons ADR	New	0.80%	+0.80
MTG Mgic Investment Corp.	Add +185.2%	1.24%	+0.76
UL Unilever PLC	New	0.57%	+0.57
AVGO Broadcom Inc.	Add +6.3%	3.03%	+0.54
DSGR Distribution Solutions Group	New	0.45%	+0.45
VGSH Vanguard Short-Term Treasury	Add +120.7%	0.76%	+0.40
MRK Merck & Co. Inc.	Add +32.7%	2.34%	+0.35
PZZA Papa John's Intl Inc.	New	0.27%	+0.27
MLR Miller Industries Inc.	Add +1.6%	3.90%	+0.20
LESLIES INC	New	0.18%	+0.18
FUL H.B. Fuller Co.	New	0.14%	+0.14
ALTG Alta Equipment Group Inc.	Add +155.8%	0.34%	+0.11
KDP Keurig Dr Pepper Inc.	Add +3.4%	1.79%	+0.11
DAC Danaos Corp.	Add +10.7%	0.41%	+0.10
VUSB Vanguard Ultra Short Bond Et	Add +18.6%	0.90%	+0.10
IGSB iShares 1-5Y Inv Grade Corp.	Add +121.1%	0.17%	+0.09
LEGH Legacy Housing Corp.	Add +4.8%	1.53%	+0.08
NTAP Netapp Inc.	Add +13.4%	0.34%	+0.08
SHV iShares 0-1 Year Treasury Bo	Add +13.2%	1.21%	+0.08
BELFB Bel Fuse Inc. Class B	Add +0.1%	2.94%	+0.07
AAPL Apple Inc.	Add +13.3%	0.25%	+0.06
LRCX Lam Research Corp.	Add +13.2%	0.37%	+0.05
LMT Lockheed Martin Corp.	Add +12.8%	0.44%	+0.04
PI Impinj Inc.	Add +7.0%	0.20%	+0.04
ORCL Oracle Corp.	Add +13.8%	0.22%	+0.04
SHY iShares 1-3 Year Treasury Bo	Add +41.4%	0.15%	+0.04
OSW Onespaworld Holdings Ltd.	Add +0.2%	0.41%	+0.04
NVO Novo-Nordisk A/S-Spons ADR	Add +44.4%	0.09%	+0.03
HRB H&R Block Inc.	Add +7.0%	0.24%	+0.03
UNH Unitedhealth Group Inc.	Add +3.8%	2.22%	+0.02
PBI Pitney Bowes Inc.	Add +0.1%	0.22%	+0.02
ACWI iShares MSCI Acwi ETF	Add +34.3%	0.07%	+0.02
SPY SS SPDR S&P 500 ETF Trust-US	Add +33.5%	0.06%	+0.01
ADUS Addus Homecare Corp.	Add +7.1%	0.11%	+0.01
EHC Encompass Health Corp.	Add +6.8%	0.24%	+0.01
LAMR Lamar Advertising Co. Class A	Add +6.8%	0.94%	+0.01
WSR Whitestone REIT	Add +6.7%	0.14%	+0.01
MCD McDonald's Corp.	Add +20.4%	0.20%	+0.01
COP Conocophillips	Add +20.6%	0.20%	+0.01
OC Owens Corning	Add +7.0%	0.10%	+0.01
PRGS Progress Software Corp.	Add +7.0%	0.14%	+0.00

Notes & Other Activity Q1 2024 → Q2 2024


MIR.WS Mirion Technologies Inc.-CW25	*W EXP 10/20/202	Sold out	27,500	$62Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	136	$1.0B	MYE, OPLN, TRS, TSM, BELFB
Q1 2026	137	$813.5M	TRS, OPLN, MYE, TSM, GOOGL
Q4 2025	143	$795.7M	TRS, OPLN, TSM, DJCO, TPR
Q3 2025	149	$761.4M	TSM, OPLN, TRS, PM, AVGO
Q2 2025	142	$650.9M	BELFB, TRS, PM, AVGO, TSM
Q1 2025	148	$567.3M	BELFB, JBTM, TRS, PM, PHIN
Q4 2024	152	$601.7M	BELFB, JBTM, AVGO, PHIN, TRS
Q3 2024	156	$562.9M	MLR, BELFB, PHIN, AVGO, TSM
Q2 2024	160	$531.6M	MLR, MSFT, ESGR, TSM, AVGO
Q1 2024	156	$502.9M	MSFT, MLR, ESGR, PRSU, HUBB