Bard Associates Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), Bard Associates Inc. reported 172 stock positions worth $294.0 million. Its top holding was Ensign (ENSG) at 4.1% of the portfolio, followed by Tort Electf Infra ETF-Usd (TPZ, 3.2%) and Coherent (COHR, 2.9%). Compared with Q3 2024, it opened 11 new positions, sold out of 8, added to 37 and reduced 96. The biggest buy was a new position in Tort Electf Infra ETF-Usd (TPZ) and the biggest sale an exit from Tortoise Pipeline & Energy (XTTPX).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001105907
- Portfolio Value
- $294.0M (Q4 2024)
- SEC Filing
- 0001105907-25-000001 ↗ filed Feb 6, 2025
Holdings Value
Holdings 172 stocks · $294.0M
| ENSG The Ensign Group Inc. | 4.06% | 89,752 | $11.9M | Reduce -2.7% |
| TPZ Tort Electf Infra ETF-Usd Inc. filed as TORTOISE CAPITAL SERIES TRUS | 3.23% | 473,321 | $9.5M | New |
| COHR Coherent Corp. | 2.95% | 91,450 | $8.7M | Reduce -1.7% |
| AMPG Amplitech Group Inc. | 2.93% | 1,673,101 | $8.6M | Reduce -15.9% |
| FIP Ftai Infrastructure Inc. | 2.81% | 1,138,465 | $8.3M | Reduce -1.8% |
| MAMA Mama's Creations Inc. | 2.13% | 786,759 | $6.3M | Reduce -0.0% |
| WLDN Willdan Group Inc. | 1.74% | 134,682 | $5.1M | Reduce -0.5% |
| AROC Archrock Inc. | 1.74% | 205,280 | $5.1M | Reduce -0.5% |
| ODC Oil-Dri Corp. of America | 1.72% | 57,704 | $5.1M | Reduce -0.2% |
| LEGH Legacy Housing Corp. | 1.68% | 199,548 | $4.9M | Add +1.1% |
| BKTI BK Technologies Corp. | 1.65% | 141,528 | $4.9M | Reduce -1.3% |
| PCYO Pure Cycle Corp. | 1.60% | 369,843 | $4.7M | Add +1.3% |
| USAC USA Compression Partners LP | 1.59% | 198,920 | $4.7M | Reduce -0.1% |
| GPGI Gpgi Inc. filed as COMPOSECURE INC | 1.59% | 305,247 | $4.7M | No change |
| CSV Carriage Services Inc. | 1.51% | 111,351 | $4.4M | Reduce -0.5% |
| ACU Acme United Corp. filed as ACME UTD CORP | 1.49% | 117,567 | $4.4M | Reduce -1.6% |
| USPH U.S. Physical Therapy Inc. | 1.47% | 48,554 | $4.3M | Reduce -2.7% |
| MPTI M-Tron Industries Inc. | 1.47% | 88,937 | $4.3M | Reduce -0.3% |
| TRGP Targa Resources Corp. | 1.42% | 23,409 | $4.2M | Reduce -2.2% |
| LGCY Legacy Education Inc. | 1.42% | 500,600 | $4.2M | Add +0.1% |
| OR Osisko Gold Royalties Ltd. | 1.34% | 217,161 | $3.9M | Reduce -0.1% |
| SMID Smith-Midland Corp. | 1.30% | 85,671 | $3.8M | Reduce -0.8% |
| FSK FS KKR Capital Corp. | 1.24% | 167,957 | $3.6M | Reduce -1.6% |
| OSS One Stop Systems Inc. | 1.19% | 1,044,697 | $3.5M | Add +2.5% |
| WPM Wheaton Precious Metals Corp. | 1.19% | 61,963 | $3.5M | Reduce -0.1% |
| SELF Global Self Storage Inc. | 1.17% | 646,988 | $3.4M | Reduce -1.8% |
| LGL The LGL Group Inc. | 1.10% | 539,700 | $3.2M | Add +1.5% |
| GDXJ Vaneck Junior Gold Miners | 1.09% | 75,182 | $3.2M | Reduce -1.3% |
| BXSL Blackstone Secured Lending F | 1.07% | 95,519 | $3.2M | Reduce -0.7% |
| RWAY Runway Growth Finance Corp. | 1.06% | 284,036 | $3.1M | Reduce -1.2% |
| CXDO Crexendo Inc. | 1.05% | 588,125 | $3.1M | Reduce -2.7% |
| PSCU Invesco S&P S C U&C Ser ETF | 1.01% | 50,062 | $3.0M | Reduce -0.8% |
| MODULAR MED INC | 1.00% | 2,152,464 | $2.9M | Add +47.1% |
| VMD Viemed Healthcare Inc. | 0.95% | 349,526 | $2.8M | Add +1.3% |
| INUV Inuvo Inc. | 0.93% | 4,228,497 | $2.7M | Reduce -0.1% |
| RSSS Research Solutions Inc. | 0.92% | 649,321 | $2.7M | Add +3.6% |
| IRT Independence Realty Trust Inc. | 0.91% | 133,951 | $2.7M | Reduce -0.1% |
| GOLD Gold.com Inc. filed as A-MARK PRECIOUS METALS INC | 0.88% | 94,344 | $2.6M | Add +1.0% |
| PCH Potlatchdeltic Corp. | 0.86% | 64,722 | $2.5M | Reduce -4.0% |
| KTOS Kratos Defense & Security | 0.86% | 95,398 | $2.5M | Reduce -2.5% |
| KWR Quaker Chemical Corporation | 0.85% | 17,673 | $2.5M | No change |
| KWY Kingsway Corp. | 0.84% | 296,059 | $2.5M | Add +2.8% |
| RGLD Royal Gold Inc. | 0.83% | 18,463 | $2.4M | Reduce -0.5% |
| MOBILICOM LTD | 0.81% | 624,496 | $2.4M | Add +199.9% |
| EQX Equinox Gold Corp. | 0.80% | 466,975 | $2.3M | Add +1.7% |
| AIOT Powerfleet Inc. | 0.79% | 348,720 | $2.3M | Add +3.5% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.78% | 77,697 | $2.3M | No change |
| BRT BRT Apartments Corp. | 0.74% | 119,152 | $2.2M | Reduce -0.4% |
| LOAN Manhattan Bridge Capital Inc. | 0.71% | 364,817 | $2.1M | No change |
| PSTL Postal Realty Trust Inc. Class A | 0.70% | 157,674 | $2.1M | Reduce -0.2% |
| ATOM Atomera Inc. | 0.67% | 168,875 | $2.0M | Reduce -1.1% |
| HROW Harrow Inc. | 0.66% | 57,500 | $1.9M | Reduce -2.0% |
| GWRS Global Water Resources Inc. | 0.65% | 165,739 | $1.9M | Reduce -1.7% |
| VMBS Vanguard Mortgage-Backed Sec | 0.65% | 41,880 | $1.9M | Reduce -6.1% |
| VENU Venu Holding Corp. filed as VENU HLDG CORP | 0.63% | 203,390 | $1.9M | New |
| ECC Eagle Point Credit Co. | 0.62% | 206,667 | $1.8M | Reduce -7.9% |
| INTT Intest Corp. | 0.61% | 210,491 | $1.8M | Add +5.7% |
| WELL Welltower Inc. | 0.61% | 14,334 | $1.8M | Reduce -0.3% |
| EIC Eagle Point Income Co.-USA Inc. | 0.59% | 110,925 | $1.7M | Reduce -9.9% |
| DUOT Duos Technologies Group Inc. | 0.58% | 285,866 | $1.7M | Reduce -28.7% |
| NEWT Newtekone Inc. | 0.56% | 127,657 | $1.7M | Add +6.1% |
| NEE Nextera Energy Inc. | 0.54% | 22,239 | $1.6M | Add +0.4% |
| INLX Intellinetics Inc. | 0.54% | 115,668 | $1.6M | Add +4.6% |
| VPU Vanguard Utilities ETF | 0.53% | 9,584 | $1.6M | Add +3.0% |
| MDV Modiv Industrial Inc. | 0.53% | 103,940 | $1.6M | Reduce -1.9% |
| ALCO Alico Inc. | 0.52% | 58,429 | $1.5M | Add +6.8% |
| RMT Royce Micro-Cap Trust Inc. | 0.51% | 154,001 | $1.5M | Reduce -14.2% |
| IEX Idex Corp. | 0.49% | 6,850 | $1.4M | No change |
| LAND Gladstone Land Corp. | 0.48% | 130,786 | $1.4M | Reduce -9.9% |
| POLA Polar Power Inc. | 0.47% | 431,945 | $1.4M | Add +0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.47% | 3,037 | $1.4M | Reduce -15.3% |
| FNV Franco-Nevada Corp. | 0.46% | 11,580 | $1.4M | Reduce -0.5% |
| MULTISENSOR AI HOLDINGS INC | 0.44% | 710,000 | $1.3M | Reduce -0.7% |
| DTST Data Storage Corp. | 0.44% | 307,359 | $1.3M | Reduce -0.1% |
| CELH Celsius Holdings Inc. | 0.44% | 48,800 | $1.3M | No change |
| GENK Gen Restaurant Group Inc. | 0.43% | 168,201 | $1.3M | Reduce -4.3% |
| UTMD Utah Medical Products Inc. | 0.42% | 20,030 | $1.2M | Add +1.3% |
| ACCS Access Newswire Inc. filed as ISSUER DIRECT CORP | 0.40% | 132,931 | $1.2M | Reduce -0.7% |
| EPM Evolution Petroleum Corp. | 0.40% | 223,117 | $1.2M | Reduce -4.5% |
| ASUR Asure Software Inc. | 0.38% | 119,815 | $1.1M | Reduce -10.5% |
| PBA Pembina Pipeline Corp. | 0.37% | 29,758 | $1.1M | Reduce -1.0% |
| AIRG Airgain Inc. | 0.37% | 153,830 | $1.1M | Reduce -0.9% |
| MLR Miller Industries Inc. | 0.37% | 16,440 | $1.1M | Reduce -1.2% |
| OBDC Blue Owl Capital Corp. | 0.36% | 68,310 | $1.1M | Reduce -6.4% |
| GDX Vaneck Gold Miners ETF | 0.34% | 29,505 | $1.0M | Reduce -3.0% |
| XFFCX Flaherty & Crumrine Pref Inc. | 0.34% | 63,843 | $991K | No change |
| XAI OCTAGN FLT RAT & ALT INM | 0.34% | 149,247 | $991K | Reduce -5.5% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.32% | 5,400 | $947K | No change |
| UMH Umh Properties Inc. filed as UMH PPTYS INC | 0.31% | 48,985 | $925K | Reduce -0.5% |
| SLV iShares Silver Trust | 0.31% | 35,087 | $924K | Reduce -3.9% |
| BHR Braemar Hotels & Resorts Inc. | 0.31% | 298,390 | $910K | Reduce -5.3% |
| BANX Arrowmark Financial Corp. | 0.31% | 41,810 | $904K | No change |
| WFCF Where Food Comes From Inc. | 0.30% | 66,552 | $881K | Add +10.5% |
| CTRE Caretrust REIT Inc. | 0.30% | 31,905 | $872K | No change |
| KYN Kayne Anderson Energy Infra | 0.29% | 66,954 | $851K | Add +23.5% |
| PAVE Global X US Infrastructure | 0.29% | 20,675 | $838K | Add +3.0% |
| NEO Neogenomics Inc. | 0.27% | 47,405 | $781K | Reduce -0.4% |
| JYNT The Joint Corp. | 0.26% | 73,275 | $779K | Reduce -12.8% |
| RMNI Rimini Street Inc. | 0.26% | 286,507 | $765K | Reduce -17.0% |
| UWM Proshares Ultra RUSSELL2000 | 0.26% | 18,015 | $754K | Reduce -9.1% |
Other holdings (8): bonds, preferreds, convertibles and warrants · $293K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MOBBW Mobilicom Ltd. -27 | *W EXP 08/31/202 | 151,650 | $121K | Reduce -23.3% |
| AMPGW Amplitech Group Inc.-CW26 | *W EXP 02/26/202 | 83,865 | $73K | Reduce -1.4% |
| DTSTW Data Storage Corp. -CW26 | *W EXP 05/18/202 | 159,021 | $60K | Reduce -0.9% |
| PXSAW Pyxis Tankers Inc. -CW25 | *W EXP 10/13/202 | 77,200 | $15K | No change |
| BFRIW Biofrontera Inc. -CW26 | *W EXP 10/27/202 | 179,900 | $11K | No change |
| EDBLW Edible Garden AG Inc.-CW27 | *W EXP 99/99/999 | 157,525 | $6K | Reduce -0.6% |
| NCPLW Netcapital Inc. -27 | *W EXP 07/12/202 | 217,573 | $4K | Reduce -0.4% |
| BNCWW Cea Industries Inc. -CW27 | *W EXP 02/11/202 | 229,475 | $2K | Reduce -1.3% |
Total filed on the 13F, all lines: $294.3M.
Portfolio Sells Q3 2024 → Q4 2024
| XTTPX Tortoise Pipeline & Energy | Sold out | 0.00% | −1.75 |
| XTPZX Tortoise Power & Enrgy Infra | Sold out | 0.00% | −1.25 |
| SOWG Sow Good Inc. | Sold out | 0.00% | −0.97 |
| FIP Ftai Infrastructure Inc. | Reduce -1.8% | 2.81% | −0.89 |
| SAND Sandstorm Gold Ltd. | Reduce -88.6% | 0.10% | −0.85 |
| DEA Easterly Govt Pptys Inc. | Sold out | 0.00% | −0.82 |
| ITI Iteris Inc. | Sold out | 0.00% | −0.82 |
| FPI Farmland Partners Inc. | Sold out | 0.00% | −0.71 |
| SRCL Stericycle Inc. | Sold out | 0.00% | −0.49 |
| ENSG The Ensign Group Inc. | Reduce -2.7% | 4.06% | −0.47 |
| SACH Sachem Capital Corp. | Reduce -6.7% | 0.25% | −0.25 |
| HROW Harrow Inc. | Reduce -2.0% | 0.66% | −0.24 |
| LAND Gladstone Land Corp. | Reduce -9.9% | 0.48% | −0.21 |
| ACU Acme United Corp. | Reduce -1.6% | 1.49% | −0.20 |
| GDXJ Vaneck Junior Gold Miners | Reduce -1.3% | 1.09% | −0.18 |
| PCH Potlatchdeltic Corp. | Reduce -4.0% | 0.86% | −0.17 |
| WLDN Willdan Group Inc. | Reduce -0.5% | 1.74% | −0.15 |
| SMIN iShares MSCI India Small-Cap | Sold out | 0.00% | −0.14 |
| ACCS Access Newswire Inc. | Reduce -0.7% | 0.40% | −0.14 |
| ECC Eagle Point Credit Co. | Reduce -7.9% | 0.62% | −0.13 |
| WPM Wheaton Precious Metals Corp. | Reduce -0.1% | 1.19% | −0.11 |
| NEM Newmont Corp. | Reduce -0.7% | 0.22% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -15.3% | 0.47% | −0.09 |
| HBIO Harvard Bioscience Inc. | Reduce -14.3% | 0.19% | −0.09 |
| EIC Eagle Point Income Co.-USA Inc. | Reduce -9.9% | 0.59% | −0.09 |
| PSTL Postal Realty Trust Inc. Class A | Reduce -0.2% | 0.70% | −0.09 |
| PNTG The Pennant Group Inc. | Reduce -0.7% | 0.24% | −0.09 |
| MULTISENSOR AI HOLDINGS INC | Reduce -0.7% | 0.44% | −0.08 |
| MDV Modiv Industrial Inc. | Reduce -1.9% | 0.53% | −0.08 |
| GENK Gen Restaurant Group Inc. | Reduce -4.3% | 0.43% | −0.08 |
| RMT Royce Micro-Cap Trust Inc. | Reduce -14.2% | 0.51% | −0.08 |
| GWRS Global Water Resources Inc. | Reduce -1.7% | 0.65% | −0.08 |
| ASM Avino Silver & Gold Mines | Reduce -7.3% | 0.21% | −0.07 |
| GDX Vaneck Gold Miners ETF | Reduce -3.0% | 0.34% | −0.07 |
| VMBS Vanguard Mortgage-Backed Sec | Reduce -6.1% | 0.65% | −0.07 |
| JYNT The Joint Corp. | Reduce -12.8% | 0.26% | −0.06 |
| TACT Transact Technologies Inc. | Reduce -9.9% | 0.20% | −0.06 |
| JOF Japan Smaller Capitalization | Reduce -27.0% | 0.13% | −0.06 |
| RGLD Royal Gold Inc. | Reduce -0.5% | 0.83% | −0.06 |
| TCX Tucows Inc. Class A | Reduce -19.1% | 0.12% | −0.06 |
| URBAN-GRO INC | Reduce -13.5% | 0.08% | −0.06 |
| SOHO Sotherly Hotels Inc. | Reduce -8.8% | 0.13% | −0.06 |
| ACRE Ares Commercial Real Estate | Reduce -2.5% | 0.23% | −0.05 |
| PBA Pembina Pipeline Corp. | Reduce -1.0% | 0.37% | −0.05 |
| WHF Whitehorse Finance Inc. | Reduce -22.2% | 0.09% | −0.04 |
| BEEM Beam Global | Reduce -20.7% | 0.05% | −0.04 |
| HASI Ha Sustainable Infrastructur | Reduce -0.8% | 0.15% | −0.04 |
| SLV iShares Silver Trust | Reduce -3.9% | 0.31% | −0.04 |
| CLFD Clearfield Inc. | Reduce -2.0% | 0.13% | −0.04 |
| OR Osisko Gold Royalties Ltd. | Reduce -0.1% | 1.34% | −0.04 |
Portfolio Buys Q3 2024 → Q4 2024
| TPZ Tort Electf Infra ETF-Usd Inc. | New | 3.23% | +3.23 |
| MOBILICOM LTD | Add +199.9% | 0.81% | +0.73 |
| VENU Venu Holding Corp. | New | 0.63% | +0.63 |
| LGCY Legacy Education Inc. | Add +0.1% | 1.42% | +0.63 |
| OSS One Stop Systems Inc. | Add +2.5% | 1.19% | +0.36 |
| RSSS Research Solutions Inc. | Add +3.6% | 0.92% | +0.33 |
| PCYO Pure Cycle Corp. | Add +1.3% | 1.60% | +0.25 |
| AIOT Powerfleet Inc. | Add +3.5% | 0.79% | +0.22 |
| INTT Intest Corp. | Add +5.7% | 0.61% | +0.12 |
| INLX Intellinetics Inc. | Add +4.6% | 0.54% | +0.12 |
| TYG Tortoise Energy Infrastruct | Add +75.3% | 0.23% | +0.11 |
| RDVT Red Violet Inc. | New | 0.10% | +0.10 |
| ESBA Empire State Realty Op LP-Es | New | 0.10% | +0.10 |
| VNQ Vanguard Real Estate ETF | New | 0.09% | +0.09 |
| VMD Viemed Healthcare Inc. | Add +1.3% | 0.95% | +0.09 |
| META Meta Platforms Inc. Class A | New | 0.09% | +0.09 |
| CECO Ceco Environmental Corp. | New | 0.09% | +0.09 |
| KYN Kayne Anderson Energy Infra | Add +23.5% | 0.29% | +0.08 |
| WFCF Where Food Comes From Inc. | Add +10.5% | 0.30% | +0.08 |
| BIZD Vaneck BDC Income ETF | Add +44.2% | 0.24% | +0.07 |
| PFF iShares Preferred & Income S | Add +60.2% | 0.22% | +0.07 |
| FITLIFE BRANDS INC | New | 0.07% | +0.07 |
| TIP iShares Tips Bond ETF | New | 0.07% | +0.07 |
| SANG Sangoma Technologies Corp. | Add +2.3% | 0.22% | +0.06 |
| NEWT Newtekone Inc. | Add +6.1% | 0.56% | +0.05 |
| OOMA Ooma Inc. | Add +31.1% | 0.13% | +0.05 |
| DLPN Dolphin Entertainment Inc. | New | 0.04% | +0.04 |
| AMLP Alerian MLP ETF | Add +23.3% | 0.17% | +0.03 |
| KWY Kingsway Corp. | Add +2.8% | 0.84% | +0.03 |
| FLOT iShares Floating Rate Bond E | Add +27.9% | 0.13% | +0.03 |
| ROLR High Roller Technologies Inc. | New | 0.02% | +0.02 |
| SOTK Sono-Tek Corp. | Add +5.6% | 0.08% | +0.00 |
| PAVE Global X US Infrastructure | Add +3.0% | 0.29% | +0.00 |
| NNDM Nano Dimension Ltd. - ADR | Add +1.5% | 0.09% | +0.00 |
| PAYS Paysign Inc. | Add +19.7% | 0.03% | −0.00 |
| REZ Ishars Res and Multi Reales | Add +9.0% | 0.20% | −0.00 |
| ALCO Alico Inc. | Add +6.8% | 0.52% | −0.01 |
| EVI Evi Industries Inc. | Add +6.7% | 0.07% | −0.01 |
| LGL The LGL Group Inc. | Add +1.5% | 1.10% | −0.02 |
| INDS Pacer Industrial Real Estate | Add +10.8% | 0.17% | −0.02 |
| POLA Polar Power Inc. | Add +0.5% | 0.47% | −0.02 |
| VPU Vanguard Utilities ETF | Add +3.0% | 0.53% | −0.02 |
| UTMD Utah Medical Products Inc. | Add +1.3% | 0.42% | −0.03 |
| NEE Nextera Energy Inc. | Add +0.4% | 0.54% | −0.10 |
| MODULAR MED INC | Add +47.1% | 1.00% | −0.12 |
| EQX Equinox Gold Corp. | Add +1.7% | 0.80% | −0.16 |
| LEGH Legacy Housing Corp. | Add +1.1% | 1.68% | −0.17 |
| GOLD Gold.com Inc. | Add +1.0% | 0.88% | −0.53 |
Notes & Other Activity Q3 2024 → Q4 2024
| MOBBW Mobilicom Ltd. -27 | *W EXP 08/31/202 | Reduce -23.3% | 151,650 | $121K |
| AMPGW Amplitech Group Inc.-CW26 | *W EXP 02/26/202 | Reduce -1.4% | 83,865 | $73K |
| DTSTW Data Storage Corp. -CW26 | *W EXP 05/18/202 | Reduce -0.9% | 159,021 | $60K |
| EDBLW Edible Garden AG Inc.-CW27 | *W EXP 99/99/999 | Reduce -0.6% | 157,525 | $6K |
| NCPLW Netcapital Inc. -27 | *W EXP 07/12/202 | Reduce -0.4% | 217,573 | $4K |
| BNCWW Cea Industries Inc. -CW27 | *W EXP 02/11/202 | Reduce -1.3% | 229,475 | $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 |