Corbyn Investment Management Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Corbyn Investment Management Inc. reported 55 stock positions worth $221.2 million. Its top holding was Republic Services (RSG) at 9.9% of the portfolio, followed by Emcor (EME, 9.1%) and MYR Group Inc./Delaware (MYRG, 6.6%). Compared with Q1 2025, it opened 1 new position, sold out of 2, added to 11 and reduced 33. The biggest buy was a new position in Roper Technologies (ROP) and the biggest sale an exit from Dun & Bradstreet (DNB).
- Most Recent 13F
- Q2 2026
- Location
- Lutherville, MD
- CIK
- 0000919538
- Portfolio Value
- $221.2M (Q2 2025)
- SEC Filing
- 0000919538-25-000003 ↗ filed Aug 8, 2025
Holdings Value
Holdings 55 stocks · $221.2M
| RSG Republic Services Inc. | 9.91% | 88,929 | $21.9M | Reduce -6.1% |
| EME Emcor Group Inc. | 9.08% | 37,538 | $20.1M | Reduce -3.2% |
| MYRG MYR Group Inc./Delaware | 6.59% | 80,364 | $14.6M | Reduce -2.7% |
| KBR KBR Inc. | 6.19% | 285,686 | $13.7M | Reduce -0.9% |
| PRMB Primo Brands Corp. | 4.91% | 366,703 | $10.9M | Reduce -0.3% |
| JCI Johnson Controls Internation | 4.59% | 96,159 | $10.2M | Reduce -0.9% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 4.31% | 129,907 | $9.5M | Reduce -1.1% |
| GOOG Alphabet Inc. Class C | 3.85% | 48,030 | $8.5M | Reduce -1.9% |
| DD Dupont DE Nemours Inc. | 2.67% | 86,097 | $5.9M | Reduce -0.4% |
| ALIT Alight Inc. Class A | 2.33% | 909,362 | $5.1M | Add +7.7% |
| EOG EOG Resources Inc. | 2.25% | 41,548 | $5.0M | Reduce -0.8% |
| TMUS T-Mobile US Inc. | 2.16% | 20,080 | $4.8M | Reduce -13.9% |
| V Visa Inc. Class A | 2.11% | 13,168 | $4.7M | Reduce -3.1% |
| AMZN Amazon.com Inc. | 2.10% | 21,144 | $4.6M | Reduce -1.6% |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 2.07% | 84,083 | $4.6M | Reduce -0.5% |
| LEVI Levi Strauss & Co. Class A | 1.95% | 233,359 | $4.3M | Reduce -2.5% |
| ZD Ziff Davis Inc. | 1.85% | 135,223 | $4.1M | Add +19.0% |
| CB Chubb Ltd. | 1.78% | 13,615 | $3.9M | Reduce -12.0% |
| FLEX Flex Ltd. | 1.69% | 74,846 | $3.7M | No change |
| KVUE Kenvue Inc. | 1.66% | 175,936 | $3.7M | Add +3.5% |
| NEE Nextera Energy Inc. | 1.64% | 52,328 | $3.6M | Reduce -0.3% |
| AMH American Homes 4 Rent- A | 1.63% | 99,894 | $3.6M | Reduce -0.8% |
| EMR Emerson Electric Co. | 1.62% | 26,940 | $3.6M | Add +0.2% |
| DOX Amdocs Ltd. | 1.58% | 38,347 | $3.5M | Reduce -1.3% |
| MDT Medtronic PLC | 1.52% | 38,615 | $3.4M | Reduce -4.9% |
| BLKB Blackbaud Inc. | 1.44% | 49,583 | $3.2M | Add +11.4% |
| FRST Primis Financial Corp. | 1.43% | 291,000 | $3.2M | Reduce -5.2% |
| ZBH Zimmer Biomet Holdings Inc. | 1.36% | 33,047 | $3.0M | Add +1.8% |
| SHBI Shore Bancshares Inc. | 1.12% | 157,529 | $2.5M | Reduce -0.1% |
| TFX Teleflex Inc. | 0.94% | 17,549 | $2.1M | Reduce -11.2% |
| WH Wyndham Hotels & Resorts Inc. | 0.90% | 24,542 | $2.0M | Add +0.3% |
| USFD US Foods Holding Corp. | 0.86% | 24,613 | $1.9M | No change |
| WMS Advanced Drainage Systems Inc. | 0.84% | 16,189 | $1.9M | Add +2.4% |
| WSFS WSFS Financial Corp. | 0.84% | 33,685 | $1.9M | Reduce -0.2% |
| MTX Minerals Technologies Inc. | 0.76% | 30,438 | $1.7M | No change |
| NVT Nvent Electric PLC | 0.75% | 22,786 | $1.7M | No change |
| SHW The Sherwin-Williams Co. | 0.68% | 4,374 | $1.5M | Reduce -0.9% |
| RUSHA Rush Enterprises Inc. Class A | 0.65% | 28,058 | $1.4M | Add +0.9% |
| UPS United Parcel Service Class B | 0.64% | 14,117 | $1.4M | Reduce -2.5% |
| ABT Abbott Laboratories | 0.64% | 10,375 | $1.4M | Reduce -8.8% |
| CDRE Cadre Holdings Inc. | 0.61% | 42,449 | $1.4M | Add +2.2% |
| AKAM Akamai Technologies Inc. | 0.51% | 14,198 | $1.1M | No change |
| RUSHB Rush Enterprises Inc. Class B | 0.41% | 17,328 | $909K | No change |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.35% | 13,289 | $765K | Add +7.5% |
| CNNE Cannae Holdings Inc. | 0.29% | 30,599 | $638K | No change |
| DAR Darling Ingredients Inc. | 0.28% | 16,353 | $620K | Reduce -45.1% |
| ROP Roper Technologies Inc. | 0.26% | 1,001 | $567K | New |
| OCFC Oceanfirst Financial Corp. | 0.24% | 30,012 | $529K | No change |
| JNJ Johnson & Johnson | 0.22% | 3,138 | $479K | Reduce -0.3% |
| VGT Vanguard Info Tech ETF | 0.21% | 692 | $459K | Reduce -2.5% |
| PSX Phillips 66 | 0.19% | 3,441 | $411K | No change |
| AVGO Broadcom Inc. | 0.18% | 1,407 | $388K | No change |
| MSFT Microsoft Corp. | 0.15% | 680 | $338K | Reduce -0.7% |
| KO The Coca-Cola Co. | 0.10% | 3,212 | $227K | Reduce -0.6% |
| SHLS Shoals Technologies Group -A | 0.10% | 50,737 | $216K | Reduce -64.2% |
Other holdings (8): bonds, preferreds, convertibles and warrants · $76.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 15,699,000 | $15.2M | Add +26.8% |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | 15,425,000 | $15.0M | Add +107.0% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 14,562,000 | $13.8M | Add +3.9% |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | 10,452,000 | $10.3M | Add +2947.2% |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 10,977,000 | $9.9M | New |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 6,979,000 | $6.3M | Reduce -1.9% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 5,590,000 | $5.2M | Reduce -64.4% |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 746,000 | $719K | Add +2.2% |
Total filed on the 13F, all lines: $297.7M.
Portfolio Sells Q1 2025 → Q2 2025
| DNB Dun & Bradstreet Holdings Inc. | Sold out | 0.00% | −1.44 |
| PRMB Primo Brands Corp. | Reduce -0.3% | 4.91% | −1.18 |
| RSG Republic Services Inc. | Reduce -6.1% | 9.91% | −0.78 |
| TMUS T-Mobile US Inc. | Reduce -13.9% | 2.16% | −0.74 |
| KBR KBR Inc. | Reduce -0.9% | 6.19% | −0.51 |
| CB Chubb Ltd. | Reduce -12.0% | 1.78% | −0.40 |
| TAN Invesco Solar ETF | Sold out | 0.00% | −0.35 |
| DD Dupont DE Nemours Inc. | Reduce -0.4% | 2.67% | −0.34 |
| TFX Teleflex Inc. | Reduce -11.2% | 0.94% | −0.34 |
| EOG EOG Resources Inc. | Reduce -0.8% | 2.25% | −0.26 |
| MDT Medtronic PLC | Reduce -4.9% | 1.52% | −0.18 |
| DAR Darling Ingredients Inc. | Reduce -45.1% | 0.28% | −0.15 |
| AMH American Homes 4 Rent- A | Reduce -0.8% | 1.63% | −0.15 |
| SHLS Shoals Technologies Group -A | Reduce -64.2% | 0.10% | −0.12 |
| V Visa Inc. Class A | Reduce -3.1% | 2.11% | −0.11 |
| UPS United Parcel Service Class B | Reduce -2.5% | 0.64% | −0.10 |
| NEE Nextera Energy Inc. | Reduce -0.3% | 1.64% | −0.09 |
| DOX Amdocs Ltd. | Reduce -1.3% | 1.58% | −0.08 |
| ABT Abbott Laboratories | Reduce -8.8% | 0.64% | −0.07 |
| WRB WR Berkley Corp. | Reduce -1.1% | 4.31% | −0.05 |
| SHW The Sherwin-Williams Co. | Reduce -0.9% | 0.68% | −0.04 |
| JNJ Johnson & Johnson | Reduce -0.3% | 0.22% | −0.03 |
| KO The Coca-Cola Co. | Reduce -0.6% | 0.10% | −0.01 |
| WSFS WSFS Financial Corp. | Reduce -0.2% | 0.84% | +0.02 |
| VGT Vanguard Info Tech ETF | Reduce -2.5% | 0.21% | +0.03 |
| FRST Primis Financial Corp. | Reduce -5.2% | 1.43% | +0.03 |
| MSFT Microsoft Corp. | Reduce -0.7% | 0.15% | +0.03 |
| SHBI Shore Bancshares Inc. | Reduce -0.1% | 1.12% | +0.12 |
| AMZN Amazon.com Inc. | Reduce -1.6% | 2.10% | +0.19 |
| LEVI Levi Strauss & Co. Class A | Reduce -2.5% | 1.95% | +0.21 |
| GOOG Alphabet Inc. Class C | Reduce -1.9% | 3.85% | +0.28 |
| NXT Nextpower Inc. | Reduce -0.5% | 2.07% | +0.40 |
| JCI Johnson Controls Internation | Reduce -0.9% | 4.59% | +0.96 |
| MYRG MYR Group Inc./Delaware | Reduce -2.7% | 6.59% | +2.24 |
| EME Emcor Group Inc. | Reduce -3.2% | 9.08% | +2.39 |
Portfolio Buys Q1 2025 → Q2 2025
| ROP Roper Technologies Inc. | New | 0.26% | +0.26 |
| EMR Emerson Electric Co. | Add +0.2% | 1.62% | +0.25 |
| BLKB Blackbaud Inc. | Add +11.4% | 1.44% | +0.15 |
| P Everpure Inc. Class A | Add +7.5% | 0.35% | +0.09 |
| WMS Advanced Drainage Systems Inc. | Add +2.4% | 0.84% | +0.04 |
| CDRE Cadre Holdings Inc. | Add +2.2% | 0.61% | +0.04 |
| ALIT Alight Inc. Class A | Add +7.7% | 2.33% | −0.01 |
| RUSHA Rush Enterprises Inc. Class A | Add +0.9% | 0.65% | −0.04 |
| WH Wyndham Hotels & Resorts Inc. | Add +0.3% | 0.90% | −0.13 |
| ZD Ziff Davis Inc. | Add +19.0% | 1.85% | −0.14 |
| KVUE Kenvue Inc. | Add +3.5% | 1.66% | −0.24 |
| ZBH Zimmer Biomet Holdings Inc. | Add +1.8% | 1.36% | −0.35 |
Notes & Other Activity Q1 2025 → Q2 2025
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | Add +26.8% | 15,699,000 | $15.2M |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | Add +107.0% | 15,425,000 | $15.0M |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | Add +3.9% | 14,562,000 | $13.8M |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | Add +2947.2% | 10,452,000 | $10.3M |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | New | 10,977,000 | $9.9M |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | Reduce -1.9% | 6,979,000 | $6.3M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Reduce -64.4% | 5,590,000 | $5.2M |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | Add +2.2% | 746,000 | $719K |
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 |