Dean Capital Management

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 16, 2025), Dean Capital Management reported 132 stock positions worth $229.5 million. Its top holding was Maximus (MMS) at 1.6% of the portfolio, followed by Alamo (ALG, 1.5%) and CSG Systems Intl (CSGS, 1.5%). Compared with Q4 2024, it opened 2 new positions, sold out of 6, added to 95 and reduced 35. The biggest buy was Broadstone Net Lease (BNL, shares +187%) and the biggest sale Boston Beer Class A (SAM, shares −60%).

Most Recent 13F
Q2 2026
Location
OVERLAND PARK, KS
CIK
0001455468
Portfolio Value
$229.5M (Q1 2025)
SEC Filing
0001455468-25-000002 ↗ filed May 16, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $171.9M Q1 2024 Q2 2024: $77.7M Q2 2024 Q3 2024: $235.5M Q3 2024 Q4 2024: $234.9M Q4 2024 Q1 2025: $229.5M $229.5M Q1 2025 Q2 2025: $243.3M Q2 2025 Q3 2025: $256.5M Q3 2025 Q4 2025: $234.7M Q4 2025 Q1 2026: $241.4M Q1 2026 Q2 2026: $276.1M Q2 2026

Holdings 132 stocks · $229.5M
MMS Maximus Inc. 1.57% 52,972 $3.6M Add +34.1%
ALG Alamo Group Inc. 1.51% 19,406 $3.5M Add +23.1%
CSGS CSG Systems Intl Inc. 1.50% 56,826 $3.4M Reduce -6.2%
AEIS Advanced Energy Industries 1.46% 35,210 $3.4M Reduce -1.2%
SR Spire Inc. 1.33% 39,118 $3.1M Add +57.4%
SLGN Silgan Holdings Inc. 1.33% 59,592 $3.0M Reduce -2.5%
HP Helmerich & Payne 1.31% 115,410 $3.0M Reduce -4.6%
BNL Broadstone Net Lease Inc. 1.24% 167,021 $2.8M Add +187.1%
ESE Esco Technologies Inc. 1.21% 17,450 $2.8M Reduce -23.4%
INVX Innovex International Inc. 1.20% 152,733 $2.7M Reduce -7.1%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.18% 32,339 $2.7M Add +2.3%
INDB Independent Bank Corp. 1.16% 42,436 $2.7M Add +31.6%
WKC World Kinect Corp. 1.14% 92,529 $2.6M Reduce -6.0%
SRCE 1ST Source Corp. 1.13% 43,313 $2.6M Add +7.3%
BELFB Bel Fuse Inc. Class B 1.12% 34,462 $2.6M Reduce -19.7%
PZZA Papa John's Intl Inc. 1.11% 62,151 $2.6M Add +45.7%
WERN Werner Enterprises Inc. 1.05% 82,501 $2.4M Add +1.6%
EIG Employers Holdings Inc. 1.05% 47,404 $2.4M Add +22.2%
AEE Ameren Corporation 1.04% 23,680 $2.4M Add +2.1%
HCKT The Hackett Group Inc. 1.03% 80,960 $2.4M Reduce -10.1%
CNP Centerpoint Energy Inc. 1.03% 65,096 $2.4M Add +2.4%
EHC Encompass Health Corp. 1.00% 22,680 $2.3M Add +2.2%
QCRH QCR Holdings Inc. 1.00% 32,050 $2.3M Add +13.5%
CRI Carter's Inc. 0.97% 54,606 $2.2M Add +25.9%
RUSHA Rush Enterprises Inc. Class A 0.96% 41,379 $2.2M Add +21.1%
SSNC Ss&c Technologies Holdings 0.96% 26,456 $2.2M Add +2.4%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.96% 19,266 $2.2M Add +2.2%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.94% 30,437 $2.2M Add +2.4%
AIZ Assurant Inc. 0.94% 10,302 $2.2M Add +2.5%
AZO AutoZone Inc. 0.94% 563 $2.1M Add +4.3%
PB Prosperity Bancshares Inc. 0.93% 29,778 $2.1M Add +2.4%
CAG Conagra Brands Inc. 0.93% 79,686 $2.1M Add +14.2%
THFF First Financial Corp. 0.92% 43,026 $2.1M Add +2.3%
JAZZ Jazz Pharmaceuticals PLC 0.89% 16,492 $2.0M Add +2.3%
VSH Vishay Intertechnology Inc. 0.89% 128,606 $2.0M Add +9.5%
HIG Hartford Insurance Group Inc. 0.88% 16,370 $2.0M Add +2.0%
AVA Avista Corp. 0.88% 47,995 $2.0M Add +69.9%
LHX L3HARRIS Technologies Inc. 0.88% 9,596 $2.0M Add +11.4%
XEL Xcel Energy Inc. 0.86% 27,929 $2.0M Add +2.4%
ATO Atmos Energy Corp. 0.86% 12,720 $2.0M Add +2.5%
DGX Quest Diagnostics Inc. 0.84% 11,448 $1.9M Add +1.9%
OGE Oge Energy Corp. 0.84% 42,013 $1.9M Reduce -21.2%
JBSS John B. Sanfilippo & Son Inc. filed as SANFILIPPO JOHN B & SON INC 0.83% 26,786 $1.9M Add +21.4%
RSG Republic Services Inc. 0.82% 7,814 $1.9M Add +2.7%
COLM Columbia Sportswear Co. 0.82% 24,956 $1.9M Add +63.4%
CAC Camden National Corp. 0.82% 46,653 $1.9M Add +0.2%
DOV Dover Corp. 0.82% 10,733 $1.9M Add +2.1%
ZBH Zimmer Biomet Holdings Inc. 0.82% 16,627 $1.9M Add +2.5%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.81% 23,948 $1.9M Add +2.5%
DG Dollar General Corp. 0.81% 21,114 $1.9M Add +2.2%
RGA Reinsurance Group of America 0.79% 9,170 $1.8M Add +2.2%
ATSG Air Transport Services Group 0.78% 80,218 $1.8M Add +0.3%
CATY Cathay General Bancorp 0.78% 41,492 $1.8M Reduce -8.5%
CNMD Conmed Corp. 0.77% 29,303 $1.8M Add +14.6%
MOH Molina Healthcare Inc. 0.76% 5,324 $1.8M Add +3.1%
REG Regency Centers Corp. 0.76% 23,597 $1.7M Add +2.2%
SPTN Spartannash Co. 0.76% 85,777 $1.7M Add +203.6%
CASY Casey's General Stores Inc. 0.75% 3,982 $1.7M Add +2.2%
HTLD Heartland Express Inc. 0.75% 185,514 $1.7M Add +111.7%
GTY Getty Realty Corp. 0.74% 54,458 $1.7M Add +38.3%
ARW Arrow Electronics Inc. 0.74% 16,353 $1.7M Add +18.8%
VIAV Viavi Solutions Inc. 0.74% 151,449 $1.7M Reduce -31.6%
AMP Ameriprise Financial Inc. 0.74% 3,489 $1.7M Add +1.3%
BR Broadridge Financial Solutio 0.74% 6,959 $1.7M Add +2.5%
SMP Standard Motor Prods 0.73% 67,537 $1.7M Add +28.1%
ETR Entergy Corp. 0.73% 19,623 $1.7M Reduce -26.8%
BKR Baker Hughes Co. 0.73% 37,889 $1.7M Add +2.3%
AVB Avalonbay Communities Inc. 0.72% 7,740 $1.7M Add +2.9%
GPN Global Payments Inc. 0.72% 16,918 $1.7M Add +23.7%
AVY Avery Dennison Corp. 0.72% 9,247 $1.6M Add +15.9%
STBA S & T Bancorp Inc. 0.71% 44,227 $1.6M Add +7.6%
SAFT Safety Insurance Group Inc. 0.71% 20,765 $1.6M Add +171.9%
TTWO Take-Two Interactive Softwre 0.71% 7,888 $1.6M Reduce -12.9%
RF Regions Financial Corp. 0.71% 74,817 $1.6M Add +2.3%
BWA Borgwarner Inc. 0.71% 56,723 $1.6M Add +2.3%
STAG Stag Industrial Inc. 0.70% 44,383 $1.6M Add +2.2%
GSBC Great Southern Bancorp Inc. 0.70% 28,883 $1.6M Add +2.3%
PLOW Douglas Dynamics Inc. 0.69% 68,622 $1.6M Add +40.8%
PR Permian Resources Corp. Class A 0.69% 115,085 $1.6M Add +2.3%
OGS One Gas Inc. 0.69% 20,910 $1.6M Add +21.5%
USFD US Foods Holding Corp. 0.69% 24,097 $1.6M Add +2.3%
JOUT Johnson Outdoors Inc. Class A 0.69% 63,466 $1.6M Add +27.1%
TGNA Tegna Inc. 0.69% 86,349 $1.6M Reduce -30.6%
RJF Raymond James Financial Inc. 0.68% 11,303 $1.6M Reduce -23.0%
CBRE CBRE Group Inc. Class A 0.68% 11,940 $1.6M Reduce -22.9%
MTX Minerals Technologies Inc. 0.67% 24,227 $1.5M Reduce -32.7%
LFUS Littelfuse Inc. 0.67% 7,816 $1.5M Add +21.6%
WY Weyerhaeuser Co. 0.67% 52,383 $1.5M Add +2.3%
AGCO Agco Corp. 0.66% 16,282 $1.5M Add +2.1%
SFNC Simmons First Natl Corp. Class A 0.65% 72,833 $1.5M Reduce -18.9%
CTRA Coterra Energy Inc. 0.65% 51,608 $1.5M Add +2.3%
ASTE Astec Industries Inc. 0.65% 43,187 $1.5M Reduce -1.9%
DHIL Diamond Hill Investment Grp 0.65% 10,381 $1.5M Reduce -37.5%
OMC Omnicom Group 0.64% 17,854 $1.5M Add +2.1%
PRGO Perrigo Co. PLC 0.64% 52,664 $1.5M Add +219.1%
CPB The Campbell's Company 0.64% 36,542 $1.5M New
CMCO Columbus McKinnon Corp. 0.63% 85,617 $1.4M Add +65.0%
ITT Itt Inc. 0.63% 11,149 $1.4M Add +2.6%
YUMC Yum China Holdings Inc. 0.62% 27,278 $1.4M Add +2.2%
HLIT Harmonic Inc. 0.61% 145,075 $1.4M Add +51.3%
MCHP Microchip Technology Inc. 0.59% 28,077 $1.4M Add +20.1%
GTES Gates Industrial Corp. UK Ltd. 0.57% 71,196 $1.3M Add +2.3%
KNX Knight-Swift Transportation 0.56% 29,499 $1.3M Add +2.4%
HAS Hasbro Inc. 0.56% 20,826 $1.3M Add +37.5%
FULT Fulton Financial Corp. 0.56% 70,571 $1.3M Reduce -30.3%
LAD Lithia Motors Inc. 0.55% 4,339 $1.3M Add +1.9%
PHM Pultegroup Inc. 0.54% 12,079 $1.2M Add +2.6%
CUZ Cousins Properties Inc. 0.51% 39,429 $1.2M Reduce -1.1%
AWR American States Water Co. filed as AMER STATES WTR CO 0.51% 14,748 $1.2M Add +48.4%
PDCO Patterson Cos Inc. 0.49% 36,347 $1.1M Add +0.3%
RRX Regal Rexnord Corp. 0.49% 9,886 $1.1M Add +2.0%
PRG Prog Holdings Inc. 0.48% 41,669 $1.1M Add +2.6%
SKX Skechers USA Inc. Class A 0.48% 19,352 $1.1M Add +2.1%
SPB Spectrum Brands Holdings Inc. 0.45% 14,447 $1.0M Reduce -2.3%
POR Portland General Electric Co. 0.45% 23,170 $1.0M Add +52.9%
FHI Federated Hermes Inc. 0.45% 25,120 $1.0M Reduce -64.1%
SAM Boston Beer Company Inc. Class A 0.44% 4,213 $1.0M Reduce -59.6%
NWE Northwestern Energy Group Inc. 0.42% 16,483 $954K Add +65.3%
BRC Brady Corporation Class A 0.40% 13,088 $925K Reduce -18.2%
LEG Leggett & Platt Inc. 0.39% 113,878 $901K Add +149.2%
DMC Del Monte Corp. filed as FRESH DEL MONTE PRODUCE INC 0.37% 27,686 $854K Reduce -24.4%
KMT Kennametal Inc. 0.36% 38,524 $821K Reduce -62.6%
FC Franklin Covey Co. 0.35% 29,492 $815K Reduce -11.5%
MBUU Malibu Boats Inc. Class A 0.35% 26,487 $813K Reduce -47.0%
SCL Stepan Co. 0.35% 14,749 $812K Add +76.0%
HCSG Healthcare Services Group 0.29% 65,608 $661K Reduce -56.6%
VRRM Verra Mobility Corp. 0.28% 28,433 $640K Reduce -9.5%
HUN Huntsman Corp. 0.26% 37,466 $592K New
OEC Orion SA 0.26% 45,749 $592K Add +50.8%
WGO Winnebago Industries 0.23% 15,501 $534K Reduce -59.6%
COHU Cohu Inc. 0.23% 35,351 $520K Reduce -49.3%
NWN Northwest Natural Holding Co. 0.20% 10,556 $451K Add +43.7%

Portfolio Sells Q4 2024 → Q1 2025
SAM Boston Beer Company Inc. Class A Reduce -59.6% 0.44% −0.89
FHI Federated Hermes Inc. Reduce -64.1% 0.45% −0.78
KMT Kennametal Inc. Reduce -62.6% 0.36% −0.70
LW Lamb Weston Holdings Inc. Sold out 0.00% −0.57
COHU Cohu Inc. Reduce -49.3% 0.23% −0.57
WGO Winnebago Industries Reduce -59.6% 0.23% −0.55
MTX Minerals Technologies Inc. Reduce -32.7% 0.67% −0.50
CALM Cal-Maine Foods Inc. Sold out 0.00% −0.47
HCSG Healthcare Services Group Reduce -56.6% 0.29% −0.46
DHIL Diamond Hill Investment Grp Reduce -37.5% 0.65% −0.45
MBUU Malibu Boats Inc. Class A Reduce -47.0% 0.35% −0.45
WEN The Wendy's Co. Sold out 0.00% −0.43
BELFB Bel Fuse Inc. Class B Reduce -19.7% 1.12% −0.38
PJT PJT Partners Inc. Class A Sold out 0.00% −0.35
WAFD Wafd Inc. Sold out 0.00% −0.35
HP Helmerich & Payne Reduce -4.6% 1.31% −0.34
AEIS Advanced Energy Industries Reduce -1.2% 1.46% −0.29
RJF Raymond James Financial Inc. Reduce -23.0% 0.68% −0.29
TGNA Tegna Inc. Reduce -30.6% 0.69% −0.28
FULT Fulton Financial Corp. Reduce -30.3% 0.56% −0.27
VIAV Viavi Solutions Inc. Reduce -31.6% 0.74% −0.21
SFNC Simmons First Natl Corp. Class A Reduce -18.9% 0.65% −0.20
WSBF Waterstone Financial Inc. Sold out 0.00% −0.19
CBRE CBRE Group Inc. Class A Reduce -22.9% 0.68% −0.19
FC Franklin Covey Co. Reduce -11.5% 0.35% −0.18
HCKT The Hackett Group Inc. Reduce -10.1% 1.03% −0.15
DMC Del Monte Corp. Reduce -24.4% 0.37% −0.15
CATY Cathay General Bancorp Reduce -8.5% 0.78% −0.14
ETR Entergy Corp. Reduce -26.8% 0.73% −0.13
BRC Brady Corporation Class A Reduce -18.2% 0.40% −0.10
OGE Oge Energy Corp. Reduce -21.2% 0.84% −0.09
ESE Esco Technologies Inc. Reduce -23.4% 1.21% −0.08
SPB Spectrum Brands Holdings Inc. Reduce -2.3% 0.45% −0.08
VRRM Verra Mobility Corp. Reduce -9.5% 0.28% −0.04
SLGN Silgan Holdings Inc. Reduce -2.5% 1.33% −0.03
CUZ Cousins Properties Inc. Reduce -1.1% 0.51% −0.01
WKC World Kinect Corp. Reduce -6.0% 1.14% −0.01
TTWO Take-Two Interactive Softwre Reduce -12.9% 0.71% +0.00
ASTE Astec Industries Inc. Reduce -1.9% 0.65% +0.02
CSGS CSG Systems Intl Inc. Reduce -6.2% 1.50% +0.18
INVX Innovex International Inc. Reduce -7.1% 1.20% +0.22

Portfolio Buys Q4 2024 → Q1 2025
BNL Broadstone Net Lease Inc. Add +187.1% 1.24% +0.85
CPB The Campbell's Company New 0.64% +0.64
SR Spire Inc. Add +57.4% 1.33% +0.62
SPTN Spartannash Co. Add +203.6% 0.76% +0.54
PRGO Perrigo Co. PLC Add +219.1% 0.64% +0.46
SAFT Safety Insurance Group Inc. Add +171.9% 0.71% +0.45
AVA Avista Corp. Add +69.9% 0.88% +0.43
PZZA Papa John's Intl Inc. Add +45.7% 1.11% +0.37
HTLD Heartland Express Inc. Add +111.7% 0.75% +0.33
MMS Maximus Inc. Add +34.1% 1.57% +0.32
COLM Columbia Sportswear Co. Add +63.4% 0.82% +0.28
INDB Independent Bank Corp. Add +31.6% 1.16% +0.28
ALG Alamo Group Inc. Add +23.1% 1.51% +0.26
HUN Huntsman Corp. New 0.26% +0.26
BJ Bj's Wholesale Club Holdings Add +2.2% 0.96% +0.24
GTY Getty Realty Corp. Add +38.3% 0.74% +0.23
LEG Leggett & Platt Inc. Add +149.2% 0.39% +0.21
PLOW Douglas Dynamics Inc. Add +40.8% 0.69% +0.20
WRB WR Berkley Corp. Add +2.4% 0.94% +0.20
EIG Employers Holdings Inc. Add +22.2% 1.05% +0.20
AZO AutoZone Inc. Add +4.3% 0.94% +0.20
HAS Hasbro Inc. Add +37.5% 0.56% +0.20
NWE Northwestern Energy Group Inc. Add +65.3% 0.42% +0.19
OGS One Gas Inc. Add +21.5% 0.69% +0.18
AWR American States Water Co. Add +48.4% 0.51% +0.18
RSG Republic Services Inc. Add +2.7% 0.82% +0.17
POR Portland General Electric Co. Add +52.9% 0.45% +0.17
CNP Centerpoint Energy Inc. Add +2.4% 1.03% +0.17
RUSHA Rush Enterprises Inc. Class A Add +21.1% 0.96% +0.17
AEE Ameren Corporation Add +2.1% 1.04% +0.16
BNY Bank of New York Mellon Corp. Add +2.3% 1.18% +0.15
DG Dollar General Corp. Add +2.2% 0.81% +0.14
HIG Hartford Insurance Group Inc. Add +2.0% 0.88% +0.13
SSNC Ss&c Technologies Holdings Add +2.4% 0.96% +0.13
EHC Encompass Health Corp. Add +2.2% 1.00% +0.13
SRCE 1ST Source Corp. Add +7.3% 1.13% +0.13
MOH Molina Healthcare Inc. Add +3.1% 0.76% +0.12
SCL Stepan Co. Add +76.0% 0.35% +0.12
DGX Quest Diagnostics Inc. Add +1.9% 0.84% +0.12
ATO Atmos Energy Corp. Add +2.5% 0.86% +0.12
LHX L3HARRIS Technologies Inc. Add +11.4% 0.88% +0.10
CAG Conagra Brands Inc. Add +14.2% 0.93% +0.10
CTRA Coterra Energy Inc. Add +2.3% 0.65% +0.10
CASY Casey's General Stores Inc. Add +2.2% 0.75% +0.10
THFF First Financial Corp. Add +2.3% 0.92% +0.09
ZBH Zimmer Biomet Holdings Inc. Add +2.5% 0.82% +0.09
BR Broadridge Financial Solutio Add +2.5% 0.74% +0.08
AVY Avery Dennison Corp. Add +15.9% 0.72% +0.08
BKR Baker Hughes Co. Add +2.3% 0.73% +0.08
XEL Xcel Energy Inc. Add +2.4% 0.86% +0.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 112$276.1MJAZZ, AWR, HTLD, EIG, SIGI
Q1 2026 111$241.4MLFUS, HP, JBSS, VIAV, PBH
Q4 2025 117$234.7MHP, BELFB, SHOO, VIAV, AEIS
Q3 2025 121$256.5MLFUS, AEIS, ESE, BELFB, VC
Q2 2025 124$243.3MLFUS, BELFB, ALG, AEIS, ESE
Q1 2025 132$229.5MMMS, ALG, CSGS, AEIS, SR
Q4 2024 136$234.9MAEIS, HP, BELFB, SLGN, SAM
Q3 2024 137$235.5MCSGS, OGS, AWR, WERN, DMC
Q2 2024 79$77.7MSR, HTLD, AVA, SEB, POR
Q1 2024 126$171.9MPPC, SR, PBH, AVA, SLGN