Bard Associates Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Bard Associates Inc. reported 167 stock positions worth $277.6 million. Its top holding was Ensign (ENSG) at 4.2% of the portfolio, followed by Ftai Infrastructure (FIP, 3.4%) and Coherent (COHR, 2.4%). Compared with Q4 2023, it opened 11 new positions, sold out of 8, added to 25 and reduced 110. The biggest buy was a new position in Gpgi (GPGI) and the biggest sale Smith-Midland (SMID, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001105907
- Portfolio Value
- $277.6M (Q1 2024)
- SEC Filing
- 0001105907-24-000019 ↗ filed May 13, 2024
Holdings Value
Holdings 167 stocks · $277.6M
| ENSG The Ensign Group Inc. | 4.21% | 93,901 | $11.7M | Reduce -1.5% |
| FIP Ftai Infrastructure Inc. | 3.40% | 1,493,868 | $9.4M | Reduce -0.7% |
| COHR Coherent Corp. | 2.43% | 111,300 | $6.7M | No change |
| USPH U.S. Physical Therapy Inc. | 2.08% | 50,854 | $5.8M | Reduce -0.5% |
| ACU Acme United Corp. filed as ACME UTD CORP | 2.05% | 120,898 | $5.7M | Reduce -2.3% |
| MAMA Mama's Creations Inc. | 2.02% | 1,119,524 | $5.6M | Reduce -3.4% |
| USAC USA Compression Partners LP | 1.95% | 203,050 | $5.4M | Reduce -0.8% |
| SMID Smith-Midland Corp. | 1.74% | 102,705 | $4.8M | Reduce -49.5% |
| AROC Archrock Inc. | 1.71% | 240,680 | $4.7M | Reduce -1.8% |
| ODC Oil-Dri Corp. of America | 1.59% | 59,163 | $4.4M | Reduce -2.3% |
| LEGH Legacy Housing Corp. | 1.52% | 196,389 | $4.2M | Reduce -0.8% |
| CELH Celsius Holdings Inc. | 1.51% | 50,600 | $4.2M | Reduce -53.0% |
| WLDN Willdan Group Inc. | 1.45% | 139,248 | $4.0M | Reduce -1.1% |
| XTTPX Tortoise Pipeline & Energy | 1.45% | 127,277 | $4.0M | Reduce -3.7% |
| KWR Quaker Chemical Corporation | 1.31% | 17,673 | $3.6M | Reduce -0.3% |
| OR Osisko Gold Royalties Ltd. | 1.30% | 218,415 | $3.6M | Reduce -1.3% |
| RWAY Runway Growth Finance Corp. | 1.29% | 295,004 | $3.6M | Reduce -1.4% |
| PCYO Pure Cycle Corp. | 1.26% | 369,196 | $3.5M | Reduce -0.4% |
| FSK FS KKR Capital Corp. | 1.23% | 173,229 | $3.4M | Reduce -0.5% |
| PCH Potlatchdeltic Corp. | 1.23% | 72,708 | $3.4M | Reduce -7.0% |
| OSS One Stop Systems Inc. | 1.23% | 1,044,381 | $3.4M | Reduce -1.5% |
| LGL The LGL Group Inc. | 1.21% | 529,451 | $3.4M | Add +26.7% |
| XTPZX Tortoise Power & Enrgy Infra | 1.21% | 215,571 | $3.4M | Reduce -3.5% |
| VMD Viemed Healthcare Inc. | 1.16% | 342,215 | $3.2M | Add +1.1% |
| BXSL Blackstone Secured Lending F | 1.13% | 98,159 | $3.1M | Reduce -0.8% |
| CSV Carriage Services Inc. | 1.10% | 112,561 | $3.0M | Reduce -0.5% |
| GDXJ Vaneck Junior Gold Miners | 1.09% | 77,872 | $3.0M | Reduce -0.3% |
| SELF Global Self Storage Inc. | 1.07% | 670,552 | $3.0M | Reduce -1.3% |
| WPM Wheaton Precious Metals Corp. | 1.07% | 62,887 | $3.0M | Reduce -1.4% |
| CXDO Crexendo Inc. | 1.06% | 612,662 | $2.9M | Reduce -1.8% |
| GOLD Gold.com Inc. filed as A-MARK PRECIOUS METALS INC | 1.03% | 93,080 | $2.9M | Add +1.2% |
| EQX Equinox Gold Corp. | 1.00% | 462,670 | $2.8M | Add +2.4% |
| SAND Sandstorm Gold Ltd. | 1.00% | 528,709 | $2.8M | Reduce -1.4% |
| SACH Sachem Capital Corp. | 1.00% | 620,668 | $2.8M | Reduce -1.6% |
| TRGP Targa Resources Corp. | 0.97% | 24,116 | $2.7M | Reduce -2.4% |
| MPTI M-Tron Industries Inc. | 0.97% | 89,662 | $2.7M | Reduce -6.3% |
| PSCU Invesco S&P S C U&C Ser ETF | 0.94% | 50,568 | $2.6M | Reduce -1.6% |
| INTT Intest Corp. | 0.93% | 193,790 | $2.6M | Reduce -0.6% |
| FPI Farmland Partners Inc. | 0.90% | 224,419 | $2.5M | Reduce -2.1% |
| ECC Eagle Point Credit Co. | 0.88% | 241,981 | $2.4M | Reduce -5.1% |
| KWY Kingsway Corp. | 0.86% | 287,690 | $2.4M | Add +1.4% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.86% | 79,342 | $2.4M | Reduce -0.3% |
| RGLD Royal Gold Inc. | 0.84% | 19,183 | $2.3M | Reduce -0.5% |
| PSTL Postal Realty Trust Inc. Class A | 0.83% | 161,449 | $2.3M | Reduce -1.4% |
| IRT Independence Realty Trust Inc. | 0.80% | 136,386 | $2.2M | Reduce -0.7% |
| GWRS Global Water Resources Inc. | 0.79% | 171,352 | $2.2M | Reduce -1.7% |
| GPGI Gpgi Inc. filed as COMPOSECURE INC | 0.79% | 304,200 | $2.2M | New |
| VMBS Vanguard Mortgage-Backed Sec | 0.76% | 46,255 | $2.1M | Reduce -0.6% |
| BKTI BK Technologies Corp. | 0.76% | 144,282 | $2.1M | Add +4.1% |
| LAND Gladstone Land Corp. | 0.76% | 157,561 | $2.1M | Reduce -1.3% |
| EIC Eagle Point Income Co.-USA Inc. | 0.75% | 125,300 | $2.1M | Reduce -3.5% |
| BRT BRT Apartments Corp. | 0.75% | 121,452 | $2.1M | Reduce -0.2% |
| DEA Easterly Govt Pptys Inc. | 0.74% | 179,350 | $2.1M | Reduce -0.6% |
| GENK Gen Restaurant Group Inc. | 0.73% | 173,470 | $2.0M | New |
| RSSS Research Solutions Inc. | 0.71% | 621,545 | $2.0M | Add +1.2% |
| LOAN Manhattan Bridge Capital Inc. | 0.67% | 369,767 | $1.9M | Reduce -1.9% |
| KTOS Kratos Defense & Security | 0.66% | 100,173 | $1.8M | Reduce -3.2% |
| MDV Modiv Industrial Inc. | 0.65% | 106,965 | $1.8M | Reduce -0.5% |
| DUOT Duos Technologies Group Inc. | 0.65% | 413,923 | $1.8M | Reduce -1.0% |
| DTST Data Storage Corp. | 0.65% | 313,186 | $1.8M | Reduce -1.6% |
| AIOT Powerfleet Inc. | 0.64% | 333,706 | $1.8M | Reduce -1.6% |
| RMT Royce Micro-Cap Trust Inc. | 0.64% | 188,501 | $1.8M | Reduce -16.1% |
| ITI Iteris Inc. | 0.63% | 353,294 | $1.7M | Reduce -1.7% |
| IEX Idex Corp. | 0.60% | 6,850 | $1.7M | No change |
| SP SP Plus Corp. | 0.57% | 30,525 | $1.6M | Reduce -2.5% |
| ALCO Alico Inc. | 0.57% | 53,783 | $1.6M | New |
| POLA Polar Power Inc. | 0.56% | 2,787,723 | $1.5M | Reduce -0.7% |
| MODULAR MED INC | 0.55% | 824,000 | $1.5M | New |
| ACCS Access Newswire Inc. filed as ISSUER DIRECT CORP | 0.55% | 117,615 | $1.5M | Add +0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.53% | 3,527 | $1.5M | Reduce -3.0% |
| EPM Evolution Petroleum Corp. | 0.52% | 234,217 | $1.4M | Reduce -5.8% |
| WELL Welltower Inc. | 0.50% | 14,987 | $1.4M | Reduce -0.2% |
| MRTN Marten Transport Ltd. | 0.50% | 75,387 | $1.4M | Reduce -1.4% |
| NEWT Newtekone Inc. | 0.50% | 124,240 | $1.4M | Reduce -2.0% |
| FNV Franco-Nevada Corp. | 0.50% | 11,652 | $1.4M | Reduce -2.8% |
| UTMD Utah Medical Products Inc. | 0.50% | 19,419 | $1.4M | Add +7.7% |
| INUV Inuvo Inc. | 0.49% | 3,990,657 | $1.4M | Add +3.5% |
| SRCL Stericycle Inc. | 0.48% | 25,060 | $1.3M | Reduce -2.3% |
| NEE Nextera Energy Inc. | 0.45% | 19,466 | $1.2M | New |
| HBIO Harvard Bioscience Inc. | 0.45% | 291,320 | $1.2M | Add +2.1% |
| VPU Vanguard Utilities ETF | 0.42% | 8,170 | $1.2M | New |
| OBDC Blue Owl Capital Corp. | 0.42% | 73,210 | $1.2M | Reduce -0.2% |
| XAI OCTAGN FLT RAT & ALT INM | 0.41% | 159,647 | $1.1M | Reduce -4.5% |
| PBA Pembina Pipeline Corp. | 0.41% | 31,858 | $1.1M | Reduce -3.1% |
| JYNT The Joint Corp. | 0.40% | 85,934 | $1.1M | Add +8.0% |
| ASUR Asure Software Inc. | 0.39% | 140,500 | $1.1M | Reduce -3.2% |
| ATOM Atomera Inc. | 0.39% | 175,200 | $1.1M | Reduce -2.5% |
| RMNI Rimini Street Inc. | 0.38% | 324,750 | $1.1M | Add +4.7% |
| GDX Vaneck Gold Miners ETF | 0.35% | 30,915 | $978K | Add +3.3% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.34% | 5,400 | $938K | Reduce -3.6% |
| ACRE Ares Commercial Real Estate | 0.34% | 121,353 | $934K | Reduce -3.0% |
| HROW Harrow Inc. | 0.33% | 69,880 | $925K | Add +5.8% |
| AIRG Airgain Inc. | 0.33% | 169,045 | $921K | Reduce -2.3% |
| SLV iShares Silver Trust | 0.32% | 39,195 | $892K | Reduce -2.9% |
| CRWS Crown Crafts Inc. | 0.31% | 165,717 | $858K | Reduce -2.2% |
| XFFCX Flaherty & Crumrine Pref Inc. | 0.30% | 56,818 | $844K | Reduce -0.2% |
| MLR Miller Industries Inc. | 0.30% | 16,640 | $834K | Reduce -0.3% |
| UWM Proshares Ultra RUSSELL2000 | 0.29% | 20,025 | $818K | No change |
| PAVE Global X US Infrastructure | 0.29% | 20,375 | $811K | Reduce -0.1% |
| BANX Arrowmark Financial Corp. | 0.29% | 42,610 | $809K | Reduce -2.5% |
Other holdings (9): bonds, preferreds, convertibles and warrants · $529K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PYXIS TANKERS (PXS 7.75 PERP A) | 7.75% CNV PFD A | 8,825 | $218K | No change |
| DTSTW Data Storage Corp. -CW26 | *W EXP 05/18/202 | 161,865 | $123K | Reduce -2.7% |
| PXSAW Pyxis Tankers Inc. -CW25 | *W EXP 10/13/202 | 77,200 | $89K | No change |
| MOBBW Mobilicom Ltd. -27 | *W EXP 08/31/202 | 199,449 | $65K | Reduce -1.3% |
| AMPGW Amplitech Group Inc.-CW26 | *W EXP 02/26/202 | 86,065 | $12K | Reduce -3.0% |
| BFRIW Biofrontera Inc. -CW26 | *W EXP 10/27/202 | 183,900 | $12K | Reduce -2.1% |
| NCPLW Netcapital Inc. -27 | *W EXP 07/12/202 | 219,573 | $4K | Reduce -2.3% |
| BNCWW Cea Industries Inc. -CW27 | *W EXP 02/11/202 | 235,375 | $3K | Reduce -2.2% |
| EDBLW Edible Garden AG Inc.-CW27 | *W EXP 99/99/999 | 159,125 | $2K | Reduce -2.0% |
Total filed on the 13F, all lines: $278.1M.
Portfolio Sells Q4 2023 → Q1 2024
| SMID Smith-Midland Corp. | Reduce -49.5% | 1.74% | −1.32 |
| CELH Celsius Holdings Inc. | Reduce -53.0% | 1.51% | −0.72 |
| LEGH Legacy Housing Corp. | Reduce -0.8% | 1.52% | −0.38 |
| MPTI M-Tron Industries Inc. | Reduce -6.3% | 0.97% | −0.33 |
| RITHM PPTY TR INC | Sold out | 0.00% | −0.32 |
| FTAI Ftai Aviation Ltd. | Sold out | 0.00% | −0.30 |
| SILVERSUN TECHNOLOGIES INC | Sold out | 0.00% | −0.27 |
| PCH Potlatchdeltic Corp. | Reduce -7.0% | 1.23% | −0.23 |
| PCYO Pure Cycle Corp. | Reduce -0.4% | 1.26% | −0.21 |
| FPI Farmland Partners Inc. | Reduce -2.1% | 0.90% | −0.20 |
| DEA Easterly Govt Pptys Inc. | Reduce -0.6% | 0.74% | −0.18 |
| NEWT Newtekone Inc. | Reduce -2.0% | 0.50% | −0.17 |
| LPTH Lightpath Technologies Inc. Class A | Sold out | 0.00% | −0.17 |
| ACRE Ares Commercial Real Estate | Reduce -3.0% | 0.34% | −0.17 |
| RMT Royce Micro-Cap Trust Inc. | Reduce -16.1% | 0.64% | −0.15 |
| RWAY Runway Growth Finance Corp. | Reduce -1.4% | 1.29% | −0.15 |
| MAMA Mama's Creations Inc. | Reduce -3.4% | 2.02% | −0.15 |
| KTOS Kratos Defense & Security | Reduce -3.2% | 0.66% | −0.14 |
| FSK FS KKR Capital Corp. | Reduce -0.5% | 1.23% | −0.13 |
| KWR Quaker Chemical Corporation | Reduce -0.3% | 1.31% | −0.13 |
| ASUR Asure Software Inc. | Reduce -3.2% | 0.39% | −0.13 |
| WPM Wheaton Precious Metals Corp. | Reduce -1.4% | 1.07% | −0.13 |
| EYPT Eyepoint Inc. | Sold out | 0.00% | −0.13 |
| BRT BRT Apartments Corp. | Reduce -0.2% | 0.75% | −0.13 |
| TACT Transact Technologies Inc. | Reduce -1.6% | 0.29% | −0.12 |
| SELF Global Self Storage Inc. | Reduce -1.3% | 1.07% | −0.12 |
| LAND Gladstone Land Corp. | Reduce -1.3% | 0.76% | −0.12 |
| PSCU Invesco S&P S C U&C Ser ETF | Reduce -1.6% | 0.94% | −0.12 |
| VICI Vici Properties Inc. | Reduce -0.3% | 0.86% | −0.11 |
| MRTN Marten Transport Ltd. | Reduce -1.4% | 0.50% | −0.11 |
| RCMT RCM Technologies Inc. | Reduce -3.4% | 0.22% | −0.11 |
| NEPH Nephros Inc. | Reduce -4.2% | 0.14% | −0.10 |
| ATOM Atomera Inc. | Reduce -2.5% | 0.39% | −0.09 |
| CXDO Crexendo Inc. | Reduce -1.8% | 1.06% | −0.09 |
| INTT Intest Corp. | Reduce -0.6% | 0.93% | −0.08 |
| PLL Piedmont Lithium Inc. | Sold out | 0.00% | −0.08 |
| ITI Iteris Inc. | Reduce -1.7% | 0.63% | −0.08 |
| BHR Braemar Hotels & Resorts Inc. | Reduce -2.0% | 0.24% | −0.08 |
| GWRS Global Water Resources Inc. | Reduce -1.7% | 0.79% | −0.07 |
| PSTL Postal Realty Trust Inc. Class A | Reduce -1.4% | 0.83% | −0.07 |
| MOBILICOM LTD | Reduce -3.3% | 0.09% | −0.07 |
| VMBS Vanguard Mortgage-Backed Sec | Reduce -0.6% | 0.76% | −0.06 |
| DLPN Dolphin Entertainment Inc. | Reduce -4.6% | 0.20% | −0.06 |
| CIMG INC | Reduce -3.4% | 0.05% | −0.06 |
| NEM Newmont Corp. | Reduce -2.3% | 0.23% | −0.06 |
| TCSGQ Container Store Group Inc. | Sold out | 0.00% | −0.06 |
| LOAN Manhattan Bridge Capital Inc. | Reduce -1.9% | 0.67% | −0.05 |
| HOUR Hour Loop Inc. | Sold out | 0.00% | −0.05 |
| RGLD Royal Gold Inc. | Reduce -0.5% | 0.84% | −0.05 |
| NETCAPITAL INC | Reduce -3.4% | 0.05% | −0.04 |
Portfolio Buys Q4 2023 → Q1 2024
| GPGI Gpgi Inc. | New | 0.79% | +0.79 |
| GENK Gen Restaurant Group Inc. | New | 0.73% | +0.73 |
| ALCO Alico Inc. | New | 0.57% | +0.57 |
| MODULAR MED INC | New | 0.55% | +0.55 |
| NEE Nextera Energy Inc. | New | 0.45% | +0.45 |
| VPU Vanguard Utilities ETF | New | 0.42% | +0.42 |
| LGL The LGL Group Inc. | Add +26.7% | 1.21% | +0.24 |
| INLX Intellinetics Inc. | New | 0.17% | +0.17 |
| EQX Equinox Gold Corp. | Add +2.4% | 1.00% | +0.16 |
| VMD Viemed Healthcare Inc. | Add +1.1% | 1.16% | +0.15 |
| DPSI Decisionpoint Systems Inc. | New | 0.12% | +0.12 |
| BKTI BK Technologies Corp. | Add +4.1% | 0.76% | +0.11 |
| JYNT The Joint Corp. | Add +8.0% | 0.40% | +0.11 |
| AE Adams Resources & Energy Inc. | New | 0.11% | +0.11 |
| RSSS Research Solutions Inc. | Add +1.2% | 0.71% | +0.10 |
| PDEX Pro-Dex Inc. | New | 0.07% | +0.07 |
| HROW Harrow Inc. | Add +5.8% | 0.33% | +0.05 |
| GENERATION INCOME PPTYS INC | New | 0.04% | +0.04 |
| SOTK Sono-Tek Corp. | Add +60.7% | 0.07% | +0.02 |
| DAIO Data I/O Corp. | Add +0.4% | 0.03% | +0.00 |
| CLFD Clearfield Inc. | Add +1.8% | 0.13% | +0.00 |
| JOF Japan Smaller Capitalization | Add +0.2% | 0.20% | −0.00 |
| GDX Vaneck Gold Miners ETF | Add +3.3% | 0.35% | −0.00 |
| AMPG Amplitech Group Inc. | Add +5.8% | 0.25% | −0.00 |
| RMNI Rimini Street Inc. | Add +4.7% | 0.38% | −0.00 |
| BBCP Concrete Pumping Holdings Inc. | Add +3.9% | 0.23% | −0.01 |
| GOLD Gold.com Inc. | Add +1.2% | 1.03% | −0.03 |
| SLI Standard Lithium Ltd. | Add +1.2% | 0.04% | −0.03 |
| TCX Tucows Inc. Class A | Add +23.7% | 0.13% | −0.03 |
| INFU Infusystem Holdings Inc. | Add +7.7% | 0.18% | −0.04 |
| KWY Kingsway Corp. | Add +1.4% | 0.86% | −0.04 |
| WFCF Where Food Comes From Inc. | Add +10.4% | 0.19% | −0.04 |
| UTMD Utah Medical Products Inc. | Add +7.7% | 0.50% | −0.08 |
| INUV Inuvo Inc. | Add +3.5% | 0.49% | −0.13 |
| HBIO Harvard Bioscience Inc. | Add +2.1% | 0.45% | −0.14 |
| ACCS Access Newswire Inc. | Add +0.7% | 0.55% | −0.26 |
Notes & Other Activity Q4 2023 → Q1 2024
| DTSTW Data Storage Corp. -CW26 | *W EXP 05/18/202 | Reduce -2.7% | 161,865 | $123K |
| MOBBW Mobilicom Ltd. -27 | *W EXP 08/31/202 | Reduce -1.3% | 199,449 | $65K |
| AMPGW Amplitech Group Inc.-CW26 | *W EXP 02/26/202 | Reduce -3.0% | 86,065 | $12K |
| BFRIW Biofrontera Inc. -CW26 | *W EXP 10/27/202 | Reduce -2.1% | 183,900 | $12K |
| NCPLW Netcapital Inc. -27 | *W EXP 07/12/202 | Reduce -2.3% | 219,573 | $4K |
| BNCWW Cea Industries Inc. -CW27 | *W EXP 02/11/202 | Reduce -2.2% | 235,375 | $3K |
| EDBLW Edible Garden AG Inc.-CW27 | *W EXP 99/99/999 | Reduce -2.0% | 159,125 | $2K |
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 | 287 | $450.2M | JAAA, PFF, COHR, XFFCX, SCHO |
| Q1 2026 | 287 | $398.2M | JAAA, PFF, XFFCX, COHR, SCHO |
| Q4 2025 | 233 | $388.9M | PFF, XFFCX, JAAA, COHR, VNQ |
| Q3 2025 | 152 | $375.9M | PFF, XFFCX, BIZD, ENSG, COHR |
| Q2 2025 | 164 | $310.9M | ENSG, BIZD, WLDN, COHR, XFFCX |
| Q1 2025 | 171 | $267.9M | ENSG, TPZ, COHR, BKTI, WLDN |
| Q4 2024 | 172 | $294.0M | ENSG, TPZ, COHR, AMPG, FIP |
| Q3 2024 | 169 | $293.2M | ENSG, FIP, COHR, MAMA, WLDN |
| Q2 2024 | 164 | $261.0M | ENSG, FIP, COHR, MAMA, AROC |
| Q1 2024 | 167 | $277.6M | ENSG, FIP, COHR, USPH, ACU |