Hotchkis & Wiley Capital Management LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Hotchkis & Wiley Capital Management LLC reported 464 stock positions worth $32.2 billion. Its top holding was F5 (FFIV) at 4.8% of the portfolio, followed by Workday Class A (WDAY, 4.4%) and Apa (APA, 2.7%). Compared with Q2 2025, it opened 51 new positions, sold out of 56, added to 132 and reduced 276. The biggest buy was a new position in Salesforce (CRM) and the biggest sale an exit from Capital One Financial (COF).

Most Recent 13F
Q2 2026
Location
Los Angeles, CA
CIK
0001164833
Portfolio Value
$32.2B (Q3 2025)
SEC Filing
0001172661-25-005049 ↗ filed Nov 14, 2025

Holdings Value

0$10.0B$20.0B$30.0B$40.0B Q1 2024: $30.0B Q1 2024 Q2 2024: $28.6B Q2 2024 Q3 2024: $30.1B Q3 2024 Q4 2024: $30.0B Q4 2024 Q1 2025: $29.9B Q1 2025 Q2 2025: $30.8B Q2 2025 Q3 2025: $32.2B $32.2B Q3 2025 Q4 2025: $33.4B Q4 2025 Q1 2026: $32.3B Q1 2026 Q2 2026: $34.3B Q2 2026

Holdings 464 stocks · $32.2B

FFIV F5 Inc. 4.85% 4,835,512 $1.6B Reduce -7.5%
WDAY Workday Inc. Class A 4.36% 5,842,491 $1.4B Add +47.5%
APA Apa Corp. 2.69% 35,761,477 $868.3M Reduce -0.8%
C Citigroup Inc. 2.54% 8,052,198 $817.3M Reduce -25.8%
AIG American International Group 2.50% 10,256,290 $805.5M Add +22.0%
ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS 2.47% 96,378,011 $797.0M Reduce -0.7%
GM General Motors Co. 2.08% 10,977,062 $669.3M Reduce -14.1%
ELV Elevance Health Inc. 2.05% 2,045,480 $660.9M Add +44.2%
CMCSA Comcast Corp. Class A 2.04% 20,874,997 $655.9M Reduce -0.4%
GEHC GE Healthcare Technology 1.96% 8,432,374 $633.3M Add +17.1%
D Dominion Energy Inc. 1.94% 10,226,550 $625.6M Reduce -12.8%
WFC Wells Fargo & Co. 1.78% 6,828,303 $572.3M Reduce -24.5%
USB US Bancorp 1.74% 11,598,572 $560.6M Add +16.4%
MDT Medtronic PLC 1.72% 5,821,987 $554.5M Reduce -1.9%
CMI Cummins Inc. 1.66% 1,266,364 $534.9M Reduce -17.4%
STT State Street Corp. 1.64% 4,544,585 $527.2M Reduce -8.2%
FDX FedEx Corp. 1.64% 2,235,689 $527.2M Add +5.8%
NOV Nov Inc. 1.63% 39,746,441 $526.6M Reduce -0.4%
MGA Magna International Inc. 1.59% 10,828,985 $513.1M Reduce -13.0%
GOOGL Alphabet Inc. Class A 1.54% 2,043,219 $496.7M Reduce -16.7%
UNH Unitedhealth Group Inc. 1.51% 1,412,895 $487.9M Add +103.5%
CRM Salesforce Inc. 1.50% 2,045,787 $484.9M New
SHEL Shell PLC-ADR 1.41% 6,369,862 $455.6M Reduce -0.7%
OMC Omnicom Group 1.30% 5,120,191 $417.4M Reduce -0.8%
PPG PPG Industries Inc. 1.29% 3,946,145 $414.8M Add +15.7%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 1.28% 11,990,652 $412.1M Add +11.3%
KHC The Kraft Heinz Co. 1.24% 15,334,232 $399.3M Reduce -0.5%
CFG Citizens Financial Group 1.22% 7,406,935 $393.8M Reduce -13.1%
BKR Baker Hughes Co. 1.11% 7,367,943 $359.0M Reduce -14.8%
WBD Warner Bros Discovery Inc. 1.11% 18,344,401 $358.3M Reduce -6.8%
HUM Humana Inc. 1.10% 1,362,424 $354.5M Reduce -1.9%
OVV Ovintiv Inc. 1.09% 8,671,734 $350.2M Reduce -1.9%
HCA HCA Healthcare Inc. 1.01% 766,437 $326.7M Reduce -2.3%
PCAR Paccar Inc. 1.01% 3,315,838 $326.0M Reduce -1.2%
OLN Olin Corp. 0.98% 12,690,488 $317.1M Add +5.5%
APTV Aptiv PLC 0.97% 3,622,300 $312.3M Reduce -19.6%
PPL PPL Corp. 0.91% 7,914,114 $294.1M Reduce -19.8%
CNH CNH Industrial NV 0.88% 26,070,783 $282.9M Add +17.3%
TEL Te Connectivity PLC 0.85% 1,251,567 $274.8M Reduce -21.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.85% 5,314,236 $274.2M Reduce -5.7%
WPP WPP PLC-Sponsored ADR 0.79% 10,186,191 $255.2M Add +0.5%
FISV Fiserv Inc. 0.79% 1,966,790 $253.6M New
SWK Stanley Black & Decker Inc. 0.72% 3,103,941 $230.7M Add +9.0%
NSC Norfolk Southern Corp. 0.71% 764,463 $229.7M Reduce -6.6%
STZ Constellation Brands Inc. Class A 0.70% 1,664,151 $224.1M Add +26.8%
TFC Truist Financial Corp. 0.68% 4,817,579 $220.3M Reduce -1.5%
CRBG Corebridge Financial Inc. 0.68% 6,862,767 $220.0M Reduce -10.8%
CVS CVS Health Corp. 0.67% 2,880,247 $217.1M Reduce -48.0%
FIS Fidelity National Info Serv 0.66% 3,227,588 $212.8M Reduce -22.1%
GSK GSK PLC-Spon ADR 0.62% 4,602,201 $198.6M Add +1.0%
COP Conocophillips 0.61% 2,076,989 $196.5M Add +0.8%
HIG Hartford Insurance Group Inc. 0.57% 1,388,662 $185.2M Reduce -34.6%
GD General Dynamics Corp. 0.57% 538,977 $183.8M Reduce -2.3%
FTV Fortive Corp. 0.57% 3,719,200 $182.2M Add +205.6%
BA The Boeing Co. 0.56% 841,197 $181.6M Reduce -1.4%
CTSH Cognizant Tech Solutions-A 0.55% 2,631,890 $176.5M Add +144.3%
FCNCA First Citizens Bcshs Class A 0.53% 95,707 $171.2M Reduce -1.7%
UL Unilever PLC 0.52% 2,846,474 $168.7M Reduce -0.1%
UHAL.B U-Haul Holding Co.-Non Voting 0.50% 3,184,488 $162.1M Add +30.0%
ZBH Zimmer Biomet Holdings Inc. 0.49% 1,610,361 $158.6M Reduce -1.2%
MUR Murphy Oil Corp. 0.45% 5,148,009 $146.3M Reduce -3.0%
FLR Fluor Corp. 0.45% 3,474,382 $146.2M Reduce -4.6%
LAD Lithia Motors Inc. 0.42% 426,120 $134.7M Add +3.6%
CI The Cigna Group 0.41% 460,010 $132.6M Reduce -24.6%
TKR Timken Co. 0.40% 1,728,050 $129.9M Reduce -7.4%
SOLV Solventum Corp. 0.40% 1,776,048 $129.7M Reduce -1.6%
STGW Stagwell Inc. 0.37% 21,034,577 $118.4M Add +4.6%
CNC Centene Corp. 0.37% 3,307,963 $118.0M Add +24.2%
CAG Conagra Brands Inc. 0.35% 6,119,230 $112.0M Add +2.1%
LH Labcorp Holdings Inc. 0.34% 376,856 $108.2M Reduce -1.9%
AVT Avnet Inc. 0.33% 2,011,676 $105.2M Add +5.3%
SLM SLM Corp. 0.31% 3,608,526 $99.9M Add +55.4%
RTX RTX Corp. 0.31% 587,671 $98.3M Reduce -1.5%
BWA Borgwarner Inc. 0.30% 2,219,505 $97.6M Reduce -19.3%
BPOP Popular Inc. 0.30% 749,872 $95.2M Reduce -24.5%
DE Deere & Co. 0.28% 199,830 $91.4M Reduce -1.5%
BUD Anheuser-Busch Inbev-SPN ADR 0.28% 1,511,840 $90.1M Add +22.9%
WK Workiva Inc. 0.27% 1,025,660 $88.3M New
EEFT Euronet Worldwide Inc. 0.27% 974,860 $85.6M Add +5.1%
ECVT Ecovyst Inc. 0.24% 8,852,152 $77.5M Reduce -21.1%
SNY Sanofi-ADR 0.23% 1,601,307 $75.6M Reduce -26.5%
FHB First Hawaiian Inc. 0.23% 3,038,923 $75.5M Reduce -2.3%
VAC Marriott Vacations World 0.21% 1,035,104 $68.9M Reduce -4.3%
HII Huntington Ingalls Industrie 0.21% 236,318 $68.0M Reduce -4.3%
ADNT Adient PLC 0.19% 2,566,680 $61.8M Reduce -21.1%
JLL Jones Lang Lasalle Inc. 0.19% 201,347 $60.1M Reduce -51.7%
LEA Lear Corp. 0.18% 564,999 $56.8M Reduce -8.5%
DOX Amdocs Ltd. 0.18% 691,306 $56.7M Add +0.9%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.17% 513,220 $55.7M New
LIVN Livanova PLC 0.17% 1,061,166 $55.6M Reduce -8.5%
WEX Wex Inc. 0.17% 346,822 $54.6M Reduce -9.9%
SF Stifel Financial Corp. 0.16% 463,559 $52.6M Reduce -2.3%
BCO The Brink's Co. 0.15% 417,476 $48.8M Reduce -6.0%
OGE Oge Energy Corp. 0.14% 951,449 $44.0M Add +9.0%
RUSHA Rush Enterprises Inc. Class A 0.13% 785,998 $42.0M Add +15.5%
NTB Bank of N.T. Butterfield&son 0.13% 945,370 $40.6M Reduce -2.1%
AVA Avista Corp. 0.11% 922,141 $34.9M Add +4.2%
KOS Kosmos Energy Ltd. 0.11% 20,995,501 $34.9M Reduce -1.0%
EFOR Everforth Inc. filed as ASGN INC 0.10% 714,863 $33.8M Add +5.6%
MAN Manpowergroup Inc. 0.09% 788,330 $29.9M Reduce -13.3%
BTE Baytex Energy Corp. 0.09% 12,566,332 $29.4M Reduce -5.5%
ASB Associated Banc-Corp. 0.09% 1,103,214 $28.4M Reduce -21.2%
GBLI Global Indemnity Group LLC-A 0.09% 974,233 $28.3M Reduce -1.4%
NCMI National Cinemedia Inc. 0.09% 6,151,313 $27.7M Add +34.2%
MSFT Microsoft Corp. 0.08% 52,764 $27.3M Reduce -80.8%
MDU Mdu Resources Group Inc. 0.08% 1,411,170 $25.1M Reduce -8.2%
BKH Black Hills Corp. 0.08% 404,131 $24.9M Add +4.1%
SAH Sonic Automotive Inc. Class A 0.08% 327,055 $24.9M Reduce -42.2%
ATMU Atmus Filtration Technologie 0.07% 533,189 $24.0M Reduce -13.0%
MLR Miller Industries Inc. 0.07% 566,171 $22.9M Add +22.0%
CRGY Crescent Energy Inc. Class A 0.07% 2,464,631 $22.0M Reduce -1.1%
HMN Horace Mann Educators 0.07% 481,157 $21.7M Reduce -42.8%
XPRO Expro Group Holdings NV 0.07% 1,818,586 $21.6M Reduce -25.4%
BBT Beacon Financial Corp. 0.07% 907,952 $21.5M Add +142.1%
CRC California Resources Corp. 0.07% 396,259 $21.1M Add +61.2%
TSM Taiwan Semiconductor-SP ADR 0.06% 73,823 $20.6M Reduce -1.5%
SRG Seritage Growth Prop- A 0.06% 4,621,280 $19.6M Add +0.5%
COLB Columbia Banking System Inc. 0.06% 715,337 $18.4M Add +79.4%
GBX Greenbrier Companies Inc. 0.06% 395,528 $18.3M Reduce -15.1%
JAZZ Jazz Pharmaceuticals PLC 0.06% 138,109 $18.2M Add +364.1%
MDLZ Mondelez International Inc. Class A 0.05% 273,880 $17.1M Reduce -5.0%
WFRD Weatherford International PL 0.05% 242,700 $16.6M Add +146.3%
CVI CVR Energy Inc. 0.05% 439,040 $16.0M Reduce -24.0%
VGLT Vanguard Long-Term Treasury 0.05% 268,600 $15.3M Reduce -4.4%
PEB Pebblebrook Hotel Trust 0.05% 1,335,577 $15.2M Reduce -9.5%
ARW Arrow Electronics Inc. 0.05% 123,938 $15.0M Reduce -5.7%
PBF PBF Energy Inc. Class A 0.05% 490,695 $14.8M Reduce -26.8%
CXT Crane NXT Co. 0.05% 216,797 $14.5M Reduce -14.4%
GS Goldman Sachs Group Inc. 0.04% 18,021 $14.4M Reduce -88.0%
ACHC Acadia Healthcare Co. Inc. 0.04% 574,113 $14.2M Add +6.8%
HI Hillenbrand Inc. 0.04% 525,257 $14.2M Reduce -7.5%
PARR Par Pacific Holdings Inc. 0.04% 398,418 $14.1M Reduce -48.1%
SR Spire Inc. 0.04% 171,844 $14.0M Add +11.5%
ADEA Adeia Inc. 0.04% 830,891 $14.0M Add +12.8%
BRSL Brightstar Lottery PLC 0.04% 806,104 $13.9M Reduce -42.7%
NWN Northwest Natural Holding Co. 0.04% 308,655 $13.9M Add +12.0%
DK Delek US Holdings Inc. 0.04% 427,150 $13.8M Reduce -46.3%
POR Portland General Electric Co. 0.04% 312,609 $13.8M Add +11.4%
PLAB Photronics Inc. 0.04% 597,819 $13.7M Add +21.4%
TALO Talos Energy Inc. 0.04% 1,420,922 $13.6M Reduce -11.8%
ACT Enact Holdings Inc. 0.04% 354,171 $13.6M Add +4.9%
REYN Reynolds Consumer Products I 0.04% 554,049 $13.6M New
NWE Northwestern Energy Group Inc. 0.04% 231,051 $13.5M Add +9.0%
WAFD Wafd Inc. 0.04% 445,305 $13.5M Reduce -23.0%
BANC Banc of California Inc. 0.04% 814,554 $13.5M Reduce -11.7%
REX Rex American Resources Corp. 0.04% 439,532 $13.5M Reduce -26.8%
EGY Vaalco Energy Inc. 0.04% 3,338,250 $13.4M Reduce -1.7%
INMD Inmode Ltd. 0.04% 899,090 $13.4M Add +9.9%
NJR New Jersey Resources Corp. 0.04% 277,281 $13.4M New
CNO Cno Financial Group Inc. 0.04% 336,062 $13.3M Add +9.7%
CNOB Connectone Bancorp Inc. 0.04% 535,192 $13.3M Reduce -17.3%
NEXT Nextdecade Corp. 0.04% 1,945,794 $13.2M Add +1.2%
CWK Cushman & Wakefield UK Holdc 0.04% 829,443 $13.2M Reduce -40.2%
PFS Provident Financial Services 0.04% 683,974 $13.2M Reduce -9.2%
THR Thermon Group Holdings Inc. 0.04% 492,782 $13.2M Add +5.3%
KALU Kaiser Aluminum Corp. 0.04% 169,920 $13.1M New
RDN Radian Group Inc. 0.04% 361,261 $13.1M Reduce -5.6%
LOB Live Oak Bancshares Inc. 0.04% 370,869 $13.1M Add +14.3%
GNTX Gentex Corp. 0.04% 461,238 $13.1M Reduce -19.7%
EGBN Eagle Bancorp Inc. 0.04% 644,957 $13.0M Add +5.4%
MSM MSC Industrial Direct Co. Class A 0.04% 141,439 $13.0M Reduce -8.8%
TNL Travel + Leisure Co. 0.04% 218,845 $13.0M Reduce -20.8%
CFFN Capitol Federal Financial Inc. 0.04% 2,050,148 $13.0M Reduce -8.1%
VBTX Veritex Holdings Inc. 0.04% 387,600 $13.0M Reduce -29.0%
HOG Harley-Davidson Inc. 0.04% 465,375 $13.0M Reduce -10.2%
HTH Hilltop Holdings Inc. 0.04% 387,595 $13.0M Reduce -7.4%
HSII Heidrick & Struggles Intl 0.04% 259,554 $12.9M Add +10.6%
VC Visteon Corp. 0.04% 107,639 $12.9M Reduce -10.6%
DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC 0.04% 432,464 $12.9M Add +97.0%
BKU Bankunited Inc. 0.04% 337,922 $12.9M Reduce -11.2%
JBI Janus International Group Inc. 0.04% 1,306,168 $12.9M Reduce -21.1%
VRTS Virtus Investment Partners 0.04% 67,712 $12.9M Reduce -7.5%
TCBK Trico Bancshares 0.04% 289,483 $12.9M Add +20.7%
NAVI Navient Corp. 0.04% 976,634 $12.8M Reduce -1.6%
ESNT Essent Group Ltd. 0.04% 201,593 $12.8M Reduce -6.1%
WKC World Kinect Corp. 0.04% 493,584 $12.8M Reduce -0.1%
BC Brunswick Corp. 0.04% 201,464 $12.7M Reduce -18.3%
HOPE Hope Bancorp Inc. 0.04% 1,182,465 $12.7M Reduce -4.7%
BRY Berry Corp. 0.04% 3,368,530 $12.7M Add +73.7%
PRKS United Parks & Resorts Inc. 0.04% 244,865 $12.7M Reduce -8.7%
FLG Flagstar Bank NA 0.04% 1,094,220 $12.6M Reduce -0.1%
ST Sensata Technologies Holdplc 0.04% 413,130 $12.6M Reduce -4.8%
NBN Northeast Bank 0.04% 125,851 $12.6M Add +237.8%
FLS Flowserve Corp. 0.04% 236,754 $12.6M New
FHI Federated Hermes Inc. 0.04% 241,413 $12.5M Reduce -21.4%
OCFC Oceanfirst Financial Corp. 0.04% 711,975 $12.5M Reduce -6.0%
PFBC Preferred Bank/Los Angeles 0.04% 138,345 $12.5M Reduce -6.0%
PK Park Hotels & Resorts Inc. 0.04% 1,128,125 $12.5M Reduce -10.1%
HCSG Healthcare Services Group 0.04% 742,646 $12.5M Reduce -30.6%
NOG Northern Oil and Gas Inc. 0.04% 503,881 $12.5M Add +9.2%
FUL H.B. Fuller Co. filed as FULLER H B CO 0.04% 210,757 $12.5M New
KMPR Kemper Corp. 0.04% 241,462 $12.4M Add +16.5%
BUSE First Busey Corp. 0.04% 536,945 $12.4M Reduce -7.3%
VTLE Vital Energy Inc. 0.04% 734,301 $12.4M Add +0.2%
MBIN Merchants Bancorp 0.04% 389,878 $12.4M Add +7.5%
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 0.04% 322,908 $12.4M Reduce -6.5%
HTO H2O America 0.04% 253,233 $12.3M Add +12.3%
THO Thor Industries Inc. 0.04% 118,679 $12.3M Reduce -7.2%
KFRC Kforce Inc. 0.04% 409,575 $12.3M Add +49.6%
NBBK NB Bancorp Inc. 0.04% 694,982 $12.3M Add +27.2%
PM Philip Morris International 0.04% 75,330 $12.2M Reduce -12.2%
FBIN Fortune Brands Innovations I 0.04% 227,427 $12.1M New
SM SM Energy Co. 0.04% 486,180 $12.1M New
SFNC Simmons First Natl Corp. Class A 0.04% 632,595 $12.1M Reduce -4.0%
FRME First Merchants Corp. 0.04% 321,550 $12.1M Add +252.0%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.04% 110,070 $12.0M Reduce -12.6%
HGV Hilton Grand Vacations Inc. 0.04% 285,966 $12.0M Reduce -15.7%
ASTH Astrana Health Inc. 0.04% 421,710 $12.0M Add +44.2%
CMCO Columbus McKinnon Corp. 0.04% 829,875 $11.9M Add +100.2%
RHI Robert Half Inc. 0.04% 350,080 $11.9M New
WTM White Mountains Insurance GP 0.04% 7,106 $11.9M Add +3.5%
AXTA Axalta Coating Systems Ltd. 0.04% 414,427 $11.9M New
RMR RMR Group Inc./the - A 0.04% 738,215 $11.6M Add +0.1%
LNTH Lantheus Holdings Inc. 0.04% 223,096 $11.4M New
DEI Douglas Emmett Inc. 0.04% 732,118 $11.4M New
SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD 0.04% 339,922 $11.4M Add +18.0%
REZI Resideo Technologies Inc. 0.03% 260,803 $11.3M Reduce -61.4%
BFH Bread Financial Holdings Inc. 0.03% 200,506 $11.2M Reduce -22.3%
OIS Oil States International Inc. filed as OIL STS INTL INC 0.03% 1,809,731 $11.0M Add +11.4%
MYE Myers Industries Inc. 0.03% 642,379 $10.9M Reduce -25.5%
MMS Maximus Inc. 0.03% 118,345 $10.8M Reduce -32.3%
PII Polaris Inc. 0.03% 185,469 $10.8M Reduce -44.3%
SNV Synovus Financial Corp. 0.03% 218,990 $10.7M Add +34.3%
AHL Aspen Insurance Holdings Class A 0.03% 291,640 $10.7M New
ATKR Atkore Inc. 0.03% 166,560 $10.4M Add +9.4%
ACIW Aci Worldwide Inc. 0.03% 197,243 $10.4M New
INVX Innovex International Inc. 0.03% 560,483 $10.4M Reduce -28.1%
AMWD American Woodmark Corp. 0.03% 154,475 $10.3M Reduce -7.0%
VLY Valley National Bancorp 0.03% 969,397 $10.3M Reduce -8.1%
FIBK First Interstate Bancsys-A 0.03% 321,055 $10.2M Reduce -6.7%
MEI Methode Electronics Inc. 0.03% 1,338,173 $10.1M Reduce -7.3%
THG Hanover Insurance Group Inc./ 0.03% 55,545 $10.1M Reduce -24.6%
LNC Lincoln National Corp. 0.03% 249,254 $10.1M Add +22.5%
EE Excelerate Energy Inc. Class A 0.03% 396,922 $10.0M Add +70.2%
FISI Financial Institutions Inc. 0.03% 365,112 $9.9M Reduce -5.0%
VSH Vishay Intertechnology Inc. 0.03% 648,171 $9.9M Reduce -14.5%
HIFS Hingham Institution for SVGS 0.03% 37,546 $9.9M Reduce -3.6%
KE Kimball Electronics Inc. 0.03% 331,141 $9.9M Reduce -23.0%
HALO Halozyme Therapeutics Inc. 0.03% 134,630 $9.9M New
TRST Trustco Bank Corp. NY 0.03% 271,749 $9.9M Reduce -14.6%
APOG Apogee Enterprises Inc. 0.03% 226,391 $9.9M Add +11.2%
SIGI Selective Insurance Group 0.03% 121,629 $9.9M Add +23.8%
HAFC Hanmi Financial Corporation 0.03% 399,146 $9.9M Reduce -27.1%
SCSC Scansource Inc. 0.03% 223,705 $9.8M Reduce -37.4%
VNT Vontier Corp. 0.03% 234,195 $9.8M Add +25.7%
WASH Washington Trust Bancorp 0.03% 339,993 $9.8M Reduce -20.4%
QCRH QCR Holdings Inc. 0.03% 129,886 $9.8M New
HUN Huntsman Corp. 0.03% 1,093,230 $9.8M Add +25.2%
INDB Independent Bank Corp. 0.03% 141,905 $9.8M Reduce -12.7%
TRS Trimas Corp. 0.03% 253,513 $9.8M Reduce -40.3%
STC Stewart Information Services 0.03% 133,547 $9.8M Add +0.3%
WGO Winnebago Industries 0.03% 292,603 $9.8M New
BLBD Blue Bird Corp. 0.03% 169,380 $9.7M Reduce -13.4%
JBSS John B. Sanfilippo & Son Inc. filed as SANFILIPPO JOHN B & SON INC 0.03% 151,557 $9.7M Add +10.7%
CPF Central Pacific Financial Co. 0.03% 321,029 $9.7M Reduce -9.9%
HTBK Heritage Commerce Corp. 0.03% 979,624 $9.7M Reduce -27.8%
PLUS Eplus Inc. 0.03% 136,809 $9.7M Reduce -7.6%
HVT Haverty Furniture 0.03% 442,871 $9.7M Reduce -15.0%
HTLD Heartland Express Inc. 0.03% 1,153,238 $9.7M Add +72.8%
TNC Tennant Co. 0.03% 118,885 $9.6M Reduce -7.7%
HBNC Horizon Bancorp Inc. 0.03% 601,865 $9.6M Reduce -5.4%
EFSC Enterprise Financial Service 0.03% 164,244 $9.5M Reduce -9.3%
CATY Cathay General Bancorp 0.03% 197,969 $9.5M Add +18.8%
SANM Sanmina Corp. 0.03% 82,534 $9.5M Add +2.4%
ACEL Accel Entertainment Inc. 0.03% 857,240 $9.5M Add +8.3%
ABG Asbury Automotive Group 0.03% 38,770 $9.5M Add +49.2%
VOYA Voya Financial Inc. 0.03% 126,589 $9.5M New
UVSP Univest Financial Corp. 0.03% 314,959 $9.5M Reduce -6.9%
FFWM First Foundation Inc. 0.03% 1,682,330 $9.4M Reduce -6.3%
GPI Group 1 Automotive Inc. 0.03% 21,372 $9.4M Reduce -1.5%
SRCE 1ST Source Corp. 0.03% 151,329 $9.3M Reduce -28.6%
TPH Tri Pointe Homes Inc. 0.03% 273,921 $9.3M Reduce -7.5%
DHIL Diamond Hill Investment Grp 0.03% 66,443 $9.3M Add +47.2%
MLKN Millerknoll Inc. 0.03% 524,157 $9.3M Reduce -45.3%
UHS Universal Health Services-B 0.03% 45,123 $9.2M Add +21.9%
FG F&G Annuities & Life Inc. 0.03% 294,300 $9.2M Reduce -15.6%
ABM Abm Industries Inc. 0.03% 198,326 $9.1M Reduce -0.2%
OXM Oxford Industries Inc. 0.03% 224,352 $9.1M Reduce -8.3%
MBWM Mercantile Bank Corp. 0.03% 201,713 $9.1M Add +36.9%
OBK Origin Bancorp Inc. 0.03% 260,539 $9.0M Reduce -5.7%
AMTB Amerant Bancorp Inc. 0.03% 464,578 $9.0M Reduce -2.3%
CON Concentra Group Holdings Par 0.03% 422,013 $8.8M Reduce -3.6%
UFPI Ufp Industries Inc. 0.03% 93,954 $8.8M New
VOD Vodafone Group PLC-SP ADR 0.03% 752,504 $8.7M Add +30.0%
AMPH Amphastar Pharmaceuticals Inc. 0.03% 326,183 $8.7M Reduce -10.9%
IOSP Innospec Inc. 0.03% 111,506 $8.6M Add +58.8%
HELE Helen of Troy Ltd. 0.03% 338,135 $8.5M Add +23.9%
TITN Titan Machinery Inc. 0.03% 498,321 $8.3M Reduce -29.1%
AAT American Assets Trust Inc. 0.03% 407,249 $8.3M Add +44.9%
SAIC Science Applications Inte 0.03% 82,606 $8.2M Add +65.0%
WTTR Select Water Solutions Inc. 0.03% 767,281 $8.2M Reduce -25.4%
LBRT Liberty Energy Inc. 0.03% 659,520 $8.1M Reduce -10.3%
GIC Global Industrial Co. 0.02% 218,414 $8.0M Reduce -48.3%
TMP Tompkins Financial Corp. 0.02% 118,739 $7.9M Add +6.9%
LAUR Laureate Education Inc. 0.02% 247,376 $7.8M Reduce -46.2%
XRN Chiron Real Estate Inc. filed as GLOBAL MED REIT INC 0.02% 231,320 $7.8M New
TBI Trueblue Inc. 0.02% 1,262,495 $7.7M Reduce -3.5%
IVZ Invesco Ltd. 0.02% 337,054 $7.7M New
SIGA Siga Technologies Inc. 0.02% 827,587 $7.6M Reduce -60.0%
DENN Denny's Corp. 0.02% 1,445,248 $7.6M Reduce -37.6%
SIG Signet Jewelers Ltd. 0.02% 76,722 $7.4M Reduce -53.1%
RES RPC Inc. 0.02% 1,545,338 $7.4M Reduce -13.2%
ALLY Ally Financial Inc. 0.02% 185,245 $7.3M Add +0.0%
PUMP Propetro Holding Corp. 0.02% 1,369,225 $7.2M Reduce -21.3%
GT Goodyear Tire & Rubber Co. 0.02% 953,346 $7.1M Add +19.0%
DIOD Diodes Inc. 0.02% 133,867 $7.1M Reduce -17.8%
TPC Tutor Perini Corp. 0.02% 108,420 $7.1M Reduce -60.0%
DOUG Douglas Elliman Inc. 0.02% 2,474,443 $7.1M Add +36.6%
KRNY Kearny Financial Corp. 0.02% 1,071,080 $7.0M Reduce -26.9%
CRI Carter's Inc. 0.02% 248,122 $7.0M Add +54.9%
NFBK Northfield Bancorp Inc. 0.02% 593,076 $7.0M Reduce -36.0%
FFIC Flushing Financial Corp. 0.02% 504,378 $7.0M Reduce -49.5%
PHIN Phinia Inc. 0.02% 120,449 $6.9M Reduce -16.8%
CLB Core Laboratories Inc. 0.02% 559,625 $6.9M Add +22.2%
OGS One Gas Inc. 0.02% 85,388 $6.9M New
PVH PVH Corp. 0.02% 82,320 $6.9M Reduce -11.2%
UTMD Utah Medical Products Inc. 0.02% 109,001 $6.9M Reduce -2.6%
HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I 0.02% 1,045,003 $6.9M New
INGM Ingram Micro Holding Corp. 0.02% 318,242 $6.8M New
OTTR Otter Tail Corp. 0.02% 83,343 $6.8M Reduce -24.7%
ANIP Ani Pharmaceuticals Inc. 0.02% 74,460 $6.8M Reduce -14.0%
GSBC Great Southern Bancorp Inc. 0.02% 111,235 $6.8M Reduce -5.5%
JAKK Jakks Pacific Inc. 0.02% 363,696 $6.8M New
BYD Boyd Gaming Corp. 0.02% 78,660 $6.8M New
THFF First Financial Corp. 0.02% 120,451 $6.8M Reduce -11.9%
AGO Assured Guaranty Ltd. 0.02% 80,255 $6.8M Add +9.4%
GIII G-III Apparel Group Ltd. 0.02% 255,148 $6.8M Add +7.7%
HFWA Heritage Financial Corp. 0.02% 280,519 $6.8M Reduce -1.2%
CSTM Constellium SE 0.02% 453,580 $6.7M Add +18.0%
JHG Janus Henderson Group PLC 0.02% 151,529 $6.7M New
TGNA Tegna Inc. 0.02% 330,569 $6.7M Reduce -42.2%
PLXS Plexus Corp. 0.02% 46,406 $6.7M Reduce -35.0%
FSUN Firstsun Capital Bancorp 0.02% 172,658 $6.7M New
QUAD Quad Graphics Inc. 0.02% 1,068,920 $6.7M Reduce -2.3%
HZO Marinemax Inc. 0.02% 262,545 $6.7M Reduce -8.7%
BMRC Bank of Marin Bancorp filed as BANK MARIN BANCORP 0.02% 273,266 $6.6M Add +85.3%
AWI Armstrong World Industries 0.02% 33,700 $6.6M Reduce -48.8%
MTG Mgic Investment Corp. 0.02% 232,800 $6.6M Reduce -40.7%
NVST Envista Holdings Corp. 0.02% 323,794 $6.6M Reduce -11.7%
BRSP Brightspire Capital Inc. 0.02% 1,213,860 $6.6M Reduce -9.1%
NGVT Ingevity Corp. 0.02% 118,960 $6.6M Reduce -28.6%
AVNW Aviat Networks Inc. 0.02% 285,868 $6.6M Add +67.6%
VAL Valaris Ltd. 0.02% 134,148 $6.5M New
BDN Brandywine Realty Trust 0.02% 1,568,819 $6.5M New
BLMN Bloomin' Brands Inc. 0.02% 909,952 $6.5M Reduce -35.9%
NSP Insperity Inc. 0.02% 132,092 $6.5M Reduce -19.1%
PGC Peapack Gladstone Finl Corp. 0.02% 235,380 $6.5M Reduce -28.4%
PLOW Douglas Dynamics Inc. 0.02% 207,244 $6.5M Reduce -46.4%
LEG Leggett & Platt Inc. 0.02% 729,140 $6.5M Reduce -12.2%
BHRB Burke & Herbert Financial SE 0.02% 104,944 $6.5M Reduce -6.3%
GTES Gates Industrial Corp. UK Ltd. 0.02% 260,730 $6.5M Reduce -48.7%
HBCP Home Bancorp Inc. 0.02% 119,053 $6.5M Add +64.2%
DRH Diamondrock Hospitality Co. 0.02% 809,237 $6.4M Reduce -35.9%
ARI Apollo Commercial Real Estat 0.02% 635,462 $6.4M Reduce -6.3%
AMTM Amentum Holdings Inc. 0.02% 268,130 $6.4M New
NESR National Energy Services Reu 0.02% 625,790 $6.4M Reduce -29.8%
ARDT Ardent Health Inc. 0.02% 481,316 $6.4M New
WHD Cactus Inc. Class A 0.02% 161,400 $6.4M Add +4.8%
EIG Employers Holdings Inc. 0.02% 149,479 $6.3M Reduce -21.2%
SHBI Shore Bancshares Inc. 0.02% 386,889 $6.3M Add +62.6%
UTL Unitil Corp. 0.02% 132,529 $6.3M Add +22.0%
CTBI Community Trust Bancorp Inc. 0.02% 113,016 $6.3M Reduce -10.1%
WNC Wabash National Corp. 0.02% 636,702 $6.3M Reduce -46.9%
UCB United Community Banks 0.02% 200,347 $6.3M New
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.02% 189,270 $6.3M New
NE Noble Corp. PLC 0.02% 221,029 $6.3M New
SLVM Sylvamo Corp. 0.02% 139,967 $6.2M Add +39.6%
CAC Camden National Corp. 0.02% 159,820 $6.2M Reduce -1.9%
COLM Columbia Sportswear Co. 0.02% 117,270 $6.1M New
LOCO El Pollo Loco Holdings Inc. 0.02% 630,903 $6.1M Add +1.9%
KFY Korn Ferry 0.02% 87,448 $6.1M Reduce -54.9%
IMXI International Money Express 0.02% 437,270 $6.1M Reduce -38.3%
FMBH First Mid Bancshares Inc. 0.02% 161,024 $6.1M Add +63.3%
ONEW Onewater Marine Inc. Class A 0.02% 382,868 $6.1M Reduce -39.4%
TOWN Towne Bank 0.02% 175,189 $6.1M Add +64.8%
UNF Unifirst Corp. 0.02% 36,218 $6.1M Add +9.1%
MMI Marcus & Millichap Inc. 0.02% 206,246 $6.1M Add +7.0%
SEM Select Medical Holdings Corp. 0.02% 469,259 $6.0M Reduce -18.9%
ENR Energizer Holdings Inc. 0.02% 240,997 $6.0M Reduce -1.3%
CMTG Claros Mortgage Trust Inc. 0.02% 1,805,395 $6.0M Add +53.9%
SON Sonoco Products Co. 0.02% 138,281 $6.0M Reduce -48.9%
MAT Mattel Inc. 0.02% 353,580 $6.0M New
MATX Matson Inc. 0.02% 60,232 $5.9M New
ACRE Ares Commercial Real Estate 0.02% 1,315,902 $5.9M Add +2.9%
CENT Central Garden & Pet Co. 0.02% 178,915 $5.8M Add +1.4%
MSBI Midland States Bancorp Inc. 0.02% 338,154 $5.8M Reduce -4.4%
BBWI Bath & Body Works Inc. 0.02% 217,030 $5.6M New
ESRT Empire State Realty Trust-A 0.02% 726,680 $5.6M Reduce -49.5%
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.02% 47,145 $5.5M New
ACDC Profrac Holding Corp. Class A 0.02% 1,484,760 $5.5M Add +27.8%
EPC Edgewell Personal Care Co. 0.02% 268,726 $5.5M Add +33.3%
AIN Albany Intl Corp. Class A 0.02% 101,657 $5.4M Reduce -45.4%
SNDR Schneider National Inc. Class B 0.02% 253,678 $5.4M Reduce -3.3%
HLF Herbalife Ltd. 0.02% 577,710 $4.9M Reduce -0.7%
PWP Perella Weinberg Partners 0.01% 216,540 $4.6M Reduce -6.5%
CMA Comerica Inc. 0.01% 63,100 $4.3M Reduce -11.4%
WHR Whirlpool Corp. 0.01% 52,944 $4.2M Add +0.3%
BWB Bridgewater Bancshares Inc. 0.01% 235,244 $4.1M Reduce -16.2%
LEGH Legacy Housing Corp. 0.01% 150,220 $4.1M Reduce -44.5%
RGP Resources Connection Inc. 0.01% 787,448 $4.0M Reduce -51.8%
REVG Rev Group Inc. 0.01% 67,720 $3.8M Reduce -36.5%
FSTR Foster (lb) Co. Class A 0.01% 141,977 $3.8M Reduce -17.3%
HAL Halliburton Co. 0.01% 154,674 $3.8M Add +80.8%
WCC Wesco International Inc. 0.01% 17,898 $3.8M Reduce -75.9%
GPMT Granite Point Mortgage Trust 0.01% 1,258,947 $3.8M Reduce -12.8%
NRC NRC Health filed as NATIONAL RESH CORP 0.01% 292,400 $3.7M Add +7.9%
CARE Carter Bankshares Inc. 0.01% 191,238 $3.7M Reduce -10.2%
MCRI Monarch Casino & Resort Inc. 0.01% 34,720 $3.7M Reduce -70.2%
PLAY Dave & Buster's Entertainmen 0.01% 199,120 $3.6M Add +44.8%
MHO M/I Homes Inc. 0.01% 24,886 $3.6M Reduce -56.1%
UFCS United Fire Group Inc. 0.01% 117,098 $3.6M Reduce -7.8%
FORR Forrester Research Inc. 0.01% 333,979 $3.5M Add +20.3%
MGRC McGrath Rentcorp 0.01% 30,044 $3.5M Reduce -13.3%
RBB RBB Bancorp 0.01% 186,133 $3.5M Reduce -8.0%
INSW International Seaways Inc. 0.01% 75,639 $3.5M Reduce -59.1%
BCML Baycom Corp. 0.01% 120,823 $3.5M Reduce -4.0%
NXT Nextpower Inc. filed as NEXTRACKER INC 0.01% 46,774 $3.5M Reduce -83.5%
GRBK Green Brick Partners Inc. 0.01% 46,838 $3.5M Reduce -57.0%
NPK National Presto Inds Inc. 0.01% 30,530 $3.4M Reduce -25.1%
SNCY Sun Country Airlines Holding filed as SUN CTRY AIRLS HLDGS INC 0.01% 289,249 $3.4M Reduce -11.1%
TDW Tidewater Inc. 0.01% 64,030 $3.4M New
AVD American Vanguard Corp. 0.01% 579,606 $3.3M Reduce -10.2%
AZZ Azz Inc. 0.01% 30,450 $3.3M Reduce -13.9%
BSVN BANK7 Corp. 0.01% 71,587 $3.3M New
CBNK Capital Bancorp Inc. 0.01% 103,224 $3.3M Reduce -9.6%
FNB FNB Corp. 0.01% 201,380 $3.2M New
BSRR Sierra Bancorp 0.01% 111,409 $3.2M Reduce -8.4%
KBH KB Home 0.01% 50,165 $3.2M Reduce -54.9%
AROW Arrow Financial Corp. 0.01% 112,689 $3.2M Reduce -7.7%
FMNB Farmers Natl Banc Corp. 0.01% 220,076 $3.2M Add +42.4%
ASO Academy Sports & Outdoors Inc. 0.01% 63,375 $3.2M New
INBK First Internet Bancorp 0.01% 140,936 $3.2M Reduce -4.0%
CBAN Colony Bankcorp 0.01% 185,081 $3.1M New
MPB Mid Penn Bancorp Inc. 0.01% 109,587 $3.1M Reduce -10.1%
CIVB Civista Bancshares Inc. 0.01% 153,728 $3.1M Reduce -9.1%
FC Franklin Covey Co. 0.01% 159,943 $3.1M Add +22.8%
CCNE CNB Financial Corp. 0.01% 128,155 $3.1M Reduce -54.5%
CBT Cabot Corp. 0.01% 40,450 $3.1M Reduce -48.7%
ARTNA Artesian Resources Corp. Class A 0.01% 93,520 $3.0M New
MYFW First Western Financial Inc. 0.01% 130,798 $3.0M New
EBF Ennis Inc. 0.01% 164,313 $3.0M Reduce -5.4%
CCS Century Communities Inc. 0.01% 47,336 $3.0M Reduce -49.0%
CNXN PC Connection Inc. 0.01% 48,254 $3.0M Reduce -15.3%
EEX Emerald Holding Inc. 0.01% 586,376 $3.0M Reduce -11.3%
MCHB Mechanics Bancorp Class A 0.01% 222,657 $3.0M Reduce -11.9%
SMBC Southern Missouri Bancorp 0.01% 55,771 $2.9M Reduce -53.2%
NRG NRG Energy Inc. 0.01% 17,600 $2.9M No change
KMT Kennametal Inc. 0.01% 134,664 $2.8M Reduce -57.4%
CASS Cass Information Systems Inc. 0.01% 70,842 $2.8M Reduce -55.5%
ASIX Advansix Inc. 0.01% 143,426 $2.8M Reduce -49.1%
ODP The Odp Corp. filed as THE ODP CORP 0.01% 99,280 $2.8M Reduce -90.7%
NTRS Northern Trust Corp. 0.01% 20,200 $2.7M Reduce -47.1%
FSBC Five Star Bancorp 0.01% 84,110 $2.7M Add +69.8%
MRTN Marten Transport Ltd. 0.01% 242,102 $2.6M Add +0.0%
AGCO Agco Corp. 0.01% 22,908 $2.5M Reduce -0.1%
KEY Keycorp 0.01% 128,938 $2.4M Reduce -0.1%
CPRI Capri Holdings Ltd. 0.01% 108,700 $2.2M No change
PETS Petmed Express Inc. 0.01% 788,103 $2.0M Reduce -4.7%
CCL Carnival Corp. 0.00% 21,200 $613K No change
MS Morgan Stanley 0.00% 3,100 $493K No change
PSKY Paramount Skydance Class B 0.00% 15,956 $302K New
SAN Banco Santander SA-Spon ADR 0.00% 14,750 $155K Reduce -75.3%
STRR Star Equity Holdings Inc. 0.00% 11,920 $133K Reduce -95.9%
SRI Stoneridge Inc. 0.00% 14,500 $110K No change

Options reported separately and not counted above: QQQ puts ($58.8M), UPS puts ($47.2M), DLR puts ($7.8M), MTUM puts ($1.7M).

Other holdings (2): bonds, preferreds, convertibles and warrants · $19.9M (not counted above)
SecurityClassShares / PrincipalValueChange
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 176,322$12.3MNo change
PEBBLEBROOK HOTEL TRUST (PEB 6.3 PERP F) 6.3 CUM PFD SR F 376,917$7.6MAdd +3.7%

Total filed on the 13F, all lines: $32.2B.

Portfolio Sells Q2 2025 → Q3 2025

COF Capital One Financial Corp. Sold out 0.00% −0.73
WFC Wells Fargo & Co. Reduce -24.5% 1.78% −0.57
CVS CVS Health Corp. Reduce -48.0% 0.67% −0.57
PARAA Paramount Global Class B Sold out 0.00% −0.48
C Citigroup Inc. Reduce -25.8% 2.54% −0.46
FIS Fidelity National Info Serv Reduce -22.1% 0.66% −0.43
CMCSA Comcast Corp. Class A Reduce -0.4% 2.04% −0.39
MSFT Microsoft Corp. Reduce -80.8% 0.08% −0.36
GS Goldman Sachs Group Inc. Reduce -88.0% 0.04% −0.30
HIG Hartford Insurance Group Inc. Reduce -34.6% 0.57% −0.30
CI The Cigna Group Reduce -24.6% 0.41% −0.24
D Dominion Energy Inc. Reduce -12.8% 1.94% −0.21
CRBG Corebridge Financial Inc. Reduce -10.8% 0.68% −0.20
ERIC Ericsson (lm) Tel-SP ADR Reduce -0.7% 2.47% −0.20
PPL PPL Corp. Reduce -19.8% 0.91% −0.17
JLL Jones Lang Lasalle Inc. Reduce -51.7% 0.19% −0.16
FLR Fluor Corp. Reduce -4.6% 0.45% −0.15
FFIV F5 Inc. Reduce -7.5% 4.85% −0.15
GLW Corning Inc. Sold out 0.00% −0.11
SNY Sanofi-ADR Reduce -26.5% 0.23% −0.11
GIS General Mills Inc. Sold out 0.00% −0.09
FCNCA First Citizens Bcshs Class A Reduce -1.7% 0.53% −0.09
STT State Street Corp. Reduce -8.2% 1.64% −0.07
SAH Sonic Automotive Inc. Class A Reduce -42.2% 0.08% −0.07
RAL Ralliant Corp. Sold out 0.00% −0.06
BPOP Popular Inc. Reduce -24.5% 0.30% −0.06
ECVT Ecovyst Inc. Reduce -21.1% 0.24% −0.06
ODP The Odp Corp. Reduce -90.7% 0.01% −0.05
KHC The Kraft Heinz Co. Reduce -0.5% 1.24% −0.05
SHEL Shell PLC-ADR Reduce -0.7% 1.41% −0.05
DE Deere & Co. Reduce -1.5% 0.28% −0.05
HMN Horace Mann Educators Reduce -42.8% 0.07% −0.05
SSTK Shutterstock Inc. Sold out 0.00% −0.04
WSBC Wesbanco Inc. Sold out 0.00% −0.04
UL Unilever PLC Reduce -0.1% 0.52% −0.04
SOLV Solventum Corp. Reduce -1.6% 0.40% −0.04
PPBI Pacific Premier Bancorp Inc. Sold out 0.00% −0.04
TXNM TXNM Energy Inc. Sold out 0.00% −0.04
BROOKLINE BANCORP INC Sold out 0.00% −0.04
VAC Marriott Vacations World Reduce -4.3% 0.21% −0.04
SWX Southwest Gas Holdings Inc. Sold out 0.00% −0.04
NXT Nextpower Inc. Reduce -83.5% 0.01% −0.04
WOR Worthington Enterprises Inc. Sold out 0.00% −0.04
IPGP Ipg Photonics Corp. Sold out 0.00% −0.04
TKR Timken Co. Reduce -7.4% 0.40% −0.04
FOXF Fox Factory Holding Corp. Sold out 0.00% −0.03
LNN Lindsay Corp. Sold out 0.00% −0.03
KLG WK Kellogg Co. Sold out 0.00% −0.03
WU Western Union Co. Sold out 0.00% −0.03
WCC Wesco International Inc. Reduce -75.9% 0.01% −0.03

Portfolio Buys Q2 2025 → Q3 2025

CRM Salesforce Inc. New 1.50% +1.50
WDAY Workday Inc. Class A Add +47.5% 4.36% +1.28
UNH Unitedhealth Group Inc. Add +103.5% 1.51% +0.81
FISV Fiserv Inc. New 0.79% +0.79
FTV Fortive Corp. Add +205.6% 0.57% +0.36
USB US Bancorp Add +16.4% 1.74% +0.28
CTSH Cognizant Tech Solutions-A Add +144.3% 0.55% +0.27
WK Workiva Inc. New 0.27% +0.27
ELV Elevance Health Inc. Add +44.2% 2.05% +0.26
GEHC GE Healthcare Technology Add +17.1% 1.96% +0.23
OLN Olin Corp. Add +5.5% 0.98% +0.20
SJM The JM Smucker Co. New 0.17% +0.17
AIG American International Group Add +22.0% 2.50% +0.16
SLB SLB Ltd. Add +11.3% 1.28% +0.10
SWK Stanley Black & Decker Inc. Add +9.0% 0.72% +0.09
FDX FedEx Corp. Add +5.8% 1.64% +0.08
STGW Stagwell Inc. Add +4.6% 0.37% +0.07
UHAL.B U-Haul Holding Co.-Non Voting Add +30.0% 0.50% +0.07
SLM SLM Corp. Add +55.4% 0.31% +0.06
GSK GSK PLC-Spon ADR Add +1.0% 0.62% +0.05
JAZZ Jazz Pharmaceuticals PLC Add +364.1% 0.06% +0.05
REYN Reynolds Consumer Products I New 0.04% +0.04
NJR New Jersey Resources Corp. New 0.04% +0.04
KALU Kaiser Aluminum Corp. New 0.04% +0.04
FLS Flowserve Corp. New 0.04% +0.04
FUL H.B. Fuller Co. New 0.04% +0.04
FBIN Fortune Brands Innovations I New 0.04% +0.04
SM SM Energy Co. New 0.04% +0.04
RHI Robert Half Inc. New 0.04% +0.04
AXTA Axalta Coating Systems Ltd. New 0.04% +0.04
BBT Beacon Financial Corp. Add +142.1% 0.07% +0.04
LNTH Lantheus Holdings Inc. New 0.04% +0.04
DEI Douglas Emmett Inc. New 0.04% +0.04
WFRD Weatherford International PL Add +146.3% 0.05% +0.04
AHL Aspen Insurance Holdings Class A New 0.03% +0.03
ACIW Aci Worldwide Inc. New 0.03% +0.03
HALO Halozyme Therapeutics Inc. New 0.03% +0.03
QCRH QCR Holdings Inc. New 0.03% +0.03
WGO Winnebago Industries New 0.03% +0.03
VOYA Voya Financial Inc. New 0.03% +0.03
CRC California Resources Corp. Add +61.2% 0.07% +0.03
NBN Northeast Bank Add +237.8% 0.04% +0.03
PPG PPG Industries Inc. Add +15.7% 1.29% +0.03
UFPI Ufp Industries Inc. New 0.03% +0.03
COLB Columbia Banking System Inc. Add +79.4% 0.06% +0.03
FRME First Merchants Corp. Add +252.0% 0.04% +0.03
XRN Chiron Real Estate Inc. New 0.02% +0.02
IVZ Invesco Ltd. New 0.02% +0.02
BRY Berry Corp. Add +73.7% 0.04% +0.02
OGS One Gas Inc. New 0.02% +0.02

Options Activity Q2 2025 → Q3 2025

QQQ Invesco QQQ Trust Series 1 put New 98,000 $58.8M
UPS United Parcel Service Class B put New 565,000 $47.2M
DLR Digital Realty Trust Inc. put New 45,000 $7.8M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q2 2025 → Q3 2025

PEBBLEBROOK HOTEL TRUST (PEB 6.3 PERP F) 6.3 CUM PFD SR F Add +3.7% 376,917 $7.6M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 457$34.3BWDAY, APA, AIG, FFIV, GEHC
Q1 2026 460$32.3BWDAY, APA, FFIV, ERIC, C
Q4 2025 459$33.4BWDAY, FFIV, C, ERIC, AIG
Q3 2025 464$32.2BFFIV, WDAY, APA, C, AIG
Q2 2025 469$30.8BFFIV, WDAY, C, ERIC, CMCSA
Q1 2025 465$29.9BFFIV, C, ERIC, WDAY, AIG
Q4 2024 473$30.0BFFIV, C, ERIC, APA, WFC
Q3 2024 478$30.1BFFIV, C, ERIC, GM, CVS
Q2 2024 478$28.6BERIC, FFIV, C, WFC, APA
Q1 2024 478$30.0BC, WFC, FFIV, APA, ERIC