Corbyn Investment Management Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 6, 2024), Corbyn Investment Management Inc. reported 60 stock positions worth $225.6 million. Its top holding was Republic Services (RSG) at 10.3% of the portfolio, followed by KBR (KBR, 8.2%) and Emcor (EME, 7.1%). Compared with Q4 2023, it opened 4 new positions, sold out of 2, added to 4 and reduced 44. The biggest buy was a new position in Blackbaud (BLKB) and the biggest sale Leslies (shares −82%).
- Most Recent 13F
- Q2 2026
- Location
- Lutherville, MD
- CIK
- 0000919538
- Portfolio Value
- $225.6M (Q1 2024)
- SEC Filing
- 0000919538-24-000002 ↗ filed May 6, 2024
Holdings Value
Holdings 60 stocks · $225.6M
| RSG Republic Services Inc. | 10.29% | 121,248 | $23.2M | Reduce -4.2% |
| KBR KBR Inc. | 8.20% | 290,386 | $18.5M | Reduce -0.5% |
| EME Emcor Group Inc. | 7.08% | 45,587 | $16.0M | Reduce -12.5% |
| MYRG MYR Group Inc./Delaware | 6.67% | 85,122 | $15.0M | Reduce -2.9% |
| GOOG Alphabet Inc. Class C | 3.74% | 55,430 | $8.4M | Reduce -3.0% |
| JCI Johnson Controls Internation | 3.66% | 126,232 | $8.2M | Reduce -0.6% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 3.41% | 86,919 | $7.7M | Reduce -0.7% |
| TMUS T-Mobile US Inc. | 3.30% | 45,557 | $7.4M | Reduce -6.4% |
| DD Dupont DE Nemours Inc. | 3.03% | 89,067 | $6.8M | Reduce -1.2% |
| PRMW Primo Water Corp. | 3.00% | 371,842 | $6.8M | Reduce -0.6% |
| ZD Ziff Davis Inc. | 2.83% | 101,078 | $6.4M | Add +6.7% |
| ALIT Alight Inc. Class A | 2.76% | 631,915 | $6.2M | Reduce -0.5% |
| EOG EOG Resources Inc. | 2.40% | 42,269 | $5.4M | Reduce -0.5% |
| LEVI Levi Strauss & Co. Class A | 2.38% | 268,793 | $5.4M | Reduce -30.3% |
| MDT Medtronic PLC | 2.13% | 55,204 | $4.8M | Reduce -7.0% |
| WH Wyndham Hotels & Resorts Inc. | 1.98% | 58,096 | $4.5M | Reduce -0.6% |
| CB Chubb Ltd. | 1.90% | 16,502 | $4.3M | Reduce -10.4% |
| V Visa Inc. Class A | 1.83% | 14,800 | $4.1M | Reduce -5.1% |
| AMZN Amazon.com Inc. | 1.82% | 22,807 | $4.1M | Reduce -1.0% |
| FRST Primis Financial Corp. | 1.79% | 332,316 | $4.0M | Reduce -11.2% |
| DNB Dun & Bradstreet Holdings Inc. | 1.70% | 381,330 | $3.8M | Add +29.9% |
| AMH American Homes 4 Rent- A | 1.69% | 103,890 | $3.8M | Reduce -2.5% |
| NEE Nextera Energy Inc. | 1.65% | 58,232 | $3.7M | Reduce -3.3% |
| KVUE Kenvue Inc. | 1.63% | 171,103 | $3.7M | Reduce -0.4% |
| DOX Amdocs Ltd. | 1.45% | 36,236 | $3.3M | Reduce -0.7% |
| EMR Emerson Electric Co. | 1.39% | 27,639 | $3.1M | Reduce -2.8% |
| TAN Invesco Solar ETF | 1.17% | 58,000 | $2.6M | Reduce -1.5% |
| FLEX Flex Ltd. | 0.96% | 76,041 | $2.2M | Reduce -0.1% |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.95% | 38,226 | $2.2M | Add +271.3% |
| BLKB Blackbaud Inc. | 0.93% | 28,338 | $2.1M | New |
| MTX Minerals Technologies Inc. | 0.93% | 27,728 | $2.1M | Reduce -6.1% |
| UPS United Parcel Service Class B | 0.91% | 13,771 | $2.0M | Reduce -0.5% |
| SHBI Shore Bancshares Inc. | 0.87% | 170,549 | $2.0M | Add +6.9% |
| NVT Nvent Electric PLC | 0.79% | 23,536 | $1.8M | Reduce -0.3% |
| WSFS WSFS Financial Corp. | 0.70% | 35,060 | $1.6M | Reduce -0.1% |
| SHW The Sherwin-Williams Co. | 0.69% | 4,484 | $1.6M | Reduce -32.9% |
| RUSHA Rush Enterprises Inc. Class A | 0.68% | 28,477 | $1.5M | Reduce -1.4% |
| DAR Darling Ingredients Inc. | 0.60% | 29,221 | $1.4M | No change |
| USFD US Foods Holding Corp. | 0.59% | 24,486 | $1.3M | No change |
| ABT Abbott Laboratories | 0.57% | 11,406 | $1.3M | Reduce -5.4% |
| WMS Advanced Drainage Systems Inc. | 0.56% | 7,316 | $1.3M | No change |
| AKAM Akamai Technologies Inc. | 0.52% | 10,874 | $1.2M | New |
| JNJ Johnson & Johnson | 0.51% | 7,284 | $1.2M | Reduce -12.2% |
| VGT Vanguard Info Tech ETF | 0.46% | 1,973 | $1.0M | Reduce -4.5% |
| RUSHB Rush Enterprises Inc. Class B | 0.41% | 17,328 | $923K | No change |
| CNNE Cannae Holdings Inc. | 0.30% | 30,599 | $681K | No change |
| SHLS Shoals Technologies Group -A | 0.26% | 52,007 | $581K | New |
| PSX Phillips 66 | 0.25% | 3,441 | $562K | Reduce -2.1% |
| OCFC Oceanfirst Financial Corp. | 0.22% | 30,012 | $492K | No change |
| VHT Vanguard Health Care ETF | 0.21% | 1,722 | $466K | Reduce -1.3% |
| VCR Vanguard Consumer Discre ETF | 0.18% | 1,267 | $403K | Reduce -1.5% |
| LESLIES INC | 0.18% | 61,689 | $401K | Reduce -81.8% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.14% | 6,195 | $322K | No change |
| AVGO Broadcom Inc. | 0.12% | 212 | $281K | Reduce -1.9% |
| HOLX Hologic Inc. | 0.12% | 3,460 | $270K | No change |
| JPM JPMorgan Chase & Co. | 0.12% | 1,336 | $268K | Reduce -1.0% |
| CIBR First Trust Nasdaq Cybersecu | 0.12% | 4,598 | $259K | Reduce -2.6% |
| IAI iShares U.S. Broker-Dealers | 0.11% | 2,145 | $249K | Reduce -1.3% |
| KO The Coca-Cola Co. | 0.10% | 3,607 | $221K | Reduce -0.4% |
| DOC Healthpeak Properties Inc. | 0.09% | 10,911 | $205K | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $468K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 510,000 | $468K | No change |
Total filed on the 13F, all lines: $226.0M.
Portfolio Sells Q4 2023 → Q1 2024
| LESLIES INC | Reduce -81.8% | 0.18% | −0.94 |
| NVST Envista Holdings Corp. | Sold out | 0.00% | −0.85 |
| LEVI Levi Strauss & Co. Class A | Reduce -30.3% | 2.38% | −0.68 |
| FRST Primis Financial Corp. | Reduce -11.2% | 1.79% | −0.48 |
| TMUS T-Mobile US Inc. | Reduce -6.4% | 3.30% | −0.45 |
| TAN Invesco Solar ETF | Reduce -1.5% | 1.17% | −0.34 |
| SHW The Sherwin-Williams Co. | Reduce -32.9% | 0.69% | −0.31 |
| DD Dupont DE Nemours Inc. | Reduce -1.2% | 3.03% | −0.30 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -0.6% | 1.98% | −0.28 |
| MDT Medtronic PLC | Reduce -7.0% | 2.13% | −0.21 |
| FLEX Flex Ltd. | Reduce -0.1% | 0.96% | −0.15 |
| KVUE Kenvue Inc. | Reduce -0.4% | 1.63% | −0.15 |
| AMH American Homes 4 Rent- A | Reduce -2.5% | 1.69% | −0.15 |
| UPS United Parcel Service Class B | Reduce -0.5% | 0.91% | −0.14 |
| GOOG Alphabet Inc. Class C | Reduce -3.0% | 3.74% | −0.12 |
| V Visa Inc. Class A | Reduce -5.1% | 1.83% | −0.12 |
| JNJ Johnson & Johnson | Reduce -12.2% | 0.51% | −0.11 |
| PHYSICIANS REALTY TRUST | Sold out | 0.00% | −0.11 |
| NEE Nextera Energy Inc. | Reduce -3.3% | 1.65% | −0.10 |
| CB Chubb Ltd. | Reduce -10.4% | 1.90% | −0.10 |
| DOX Amdocs Ltd. | Reduce -0.7% | 1.45% | −0.09 |
| MTX Minerals Technologies Inc. | Reduce -6.1% | 0.93% | −0.09 |
| WSFS WSFS Financial Corp. | Reduce -0.1% | 0.70% | −0.07 |
| EOG EOG Resources Inc. | Reduce -0.5% | 2.40% | −0.07 |
| ABT Abbott Laboratories | Reduce -5.4% | 0.57% | −0.06 |
| RUSHA Rush Enterprises Inc. Class A | Reduce -1.4% | 0.68% | −0.02 |
| VGT Vanguard Info Tech ETF | Reduce -4.5% | 0.46% | −0.02 |
| VCR Vanguard Consumer Discre ETF | Reduce -1.5% | 0.18% | −0.01 |
| CIBR First Trust Nasdaq Cybersecu | Reduce -2.6% | 0.12% | −0.01 |
| KO The Coca-Cola Co. | Reduce -0.4% | 0.10% | −0.00 |
| VHT Vanguard Health Care ETF | Reduce -1.3% | 0.21% | −0.00 |
| IAI iShares U.S. Broker-Dealers | Reduce -1.3% | 0.11% | −0.00 |
| JPM JPMorgan Chase & Co. | Reduce -1.0% | 0.12% | +0.01 |
| AVGO Broadcom Inc. | Reduce -1.9% | 0.12% | +0.01 |
| PSX Phillips 66 | Reduce -2.1% | 0.25% | +0.02 |
| EMR Emerson Electric Co. | Reduce -2.8% | 1.39% | +0.06 |
| NVT Nvent Electric PLC | Reduce -0.3% | 0.79% | +0.12 |
| AMZN Amazon.com Inc. | Reduce -1.0% | 1.82% | +0.14 |
| JCI Johnson Controls Internation | Reduce -0.6% | 3.66% | +0.14 |
| ALIT Alight Inc. Class A | Reduce -0.5% | 2.76% | +0.16 |
| RSG Republic Services Inc. | Reduce -4.2% | 10.29% | +0.27 |
| PRMW Primo Water Corp. | Reduce -0.6% | 3.00% | +0.30 |
| KBR KBR Inc. | Reduce -0.5% | 8.20% | +0.43 |
| WRB WR Berkley Corp. | Reduce -0.7% | 3.41% | +0.44 |
| MYRG MYR Group Inc./Delaware | Reduce -2.9% | 6.67% | +0.58 |
| EME Emcor Group Inc. | Reduce -12.5% | 7.08% | +1.69 |
Portfolio Buys Q4 2023 → Q1 2024
| BLKB Blackbaud Inc. | New | 0.93% | +0.93 |
| NXT Nextpower Inc. | Add +271.3% | 0.95% | +0.72 |
| AKAM Akamai Technologies Inc. | New | 0.52% | +0.52 |
| SHLS Shoals Technologies Group -A | New | 0.26% | +0.26 |
| DOC Healthpeak Properties Inc. | New | 0.09% | +0.09 |
| DNB Dun & Bradstreet Holdings Inc. | Add +29.9% | 1.70% | +0.05 |
| SHBI Shore Bancshares Inc. | Add +6.9% | 0.87% | −0.22 |
| ZD Ziff Davis Inc. | Add +6.7% | 2.83% | −0.23 |
Notes & Other Activity Q4 2023 → Q1 2024
| HERBALIFE LTD (HLF 2.625 03/15/24) | NOTE 2.625% 3/1 · principal | Sold out | 3,561,000 | $3.5Mbefore 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 | 53 | $247.7M | MYRG, EME, RSG, GOOG, JCI |
| Q1 2026 | 51 | $213.7M | EME, RSG, MYRG, JCI, GOOG |
| Q4 2025 | 54 | $212.0M | EME, RSG, MYRG, GOOG, KBR |
| Q3 2025 | 52 | $220.0M | EME, RSG, MYRG, KBR, GOOG |
| Q2 2025 | 55 | $221.2M | RSG, EME, MYRG, KBR, PRMB |
| Q1 2025 | 56 | $214.3M | RSG, KBR, EME, PRMB, WRB |
| Q4 2024 | 60 | $225.5M | RSG, EME, KBR, MYRG, PRMB |
| Q3 2024 | 60 | $226.1M | RSG, KBR, EME, JCI, PRMW |
| Q2 2024 | 60 | $217.5M | RSG, KBR, EME, MYRG, GOOG |
| Q1 2024 | 60 | $225.6M | RSG, KBR, EME, MYRG, GOOG |