Hotchkis & Wiley Capital Management LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Hotchkis & Wiley Capital Management LLC reported 459 stock positions worth $33.4 billion. Its top holding was Workday Class A (WDAY) at 4.3% of the portfolio, followed by F5 (FFIV, 4.2%) and Citigroup (C, 2.7%). Compared with Q3 2025, it opened 5 new positions, sold out of 11, added to 210 and reduced 207. The biggest buy was Mondelez International Class A (MDLZ, shares +1920%) and the biggest sale an exit from Warner Bros Discovery (WBD).

Most Recent 13F
Q2 2026
Location
Los Angeles, CA
CIK
0001164833
Portfolio Value
$33.4B (Q4 2025)
SEC Filing
0001172661-26-001081 ↗ filed Feb 17, 2026

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 Q3 2025 Q4 2025: $33.4B $33.4B Q4 2025 Q1 2026: $32.3B Q1 2026 Q2 2026: $34.3B Q2 2026

Holdings 459 stocks · $33.4B

WDAY Workday Inc. Class A 4.35% 6,757,472 $1.5B Add +15.7%
FFIV F5 Inc. 4.19% 5,473,375 $1.4B Add +13.2%
C Citigroup Inc. 2.67% 7,641,714 $891.7M Reduce -5.1%
ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS 2.66% 92,132,605 $889.1M Reduce -4.4%
AIG American International Group 2.63% 10,270,323 $878.6M Add +0.1%
APA Apa Corp. 2.60% 35,446,644 $867.0M Reduce -0.9%
GM General Motors Co. 2.53% 10,391,542 $845.0M Reduce -5.3%
CMCSA Comcast Corp. Class A 2.49% 27,768,597 $830.0M Add +33.0%
CRM Salesforce Inc. 2.23% 2,804,312 $742.9M Add +37.1%
GEHC GE Healthcare Technology 2.22% 9,032,745 $740.9M Add +7.1%
ELV Elevance Health Inc. 2.15% 2,051,150 $719.0M Add +0.3%
D Dominion Energy Inc. 2.05% 11,704,010 $685.7M Add +14.4%
FDX FedEx Corp. 1.93% 2,233,225 $645.1M Reduce -0.1%
USB US Bancorp 1.86% 11,657,432 $622.0M Add +0.5%
WFC Wells Fargo & Co. 1.82% 6,535,687 $609.1M Reduce -4.3%
PPG PPG Industries Inc. 1.80% 5,877,095 $602.2M Add +48.9%
STT State Street Corp. 1.70% 4,386,744 $565.9M Reduce -3.5%
MGA Magna International Inc. 1.57% 9,854,052 $525.2M Reduce -9.0%
NOV Nov Inc. 1.52% 32,465,667 $507.4M Reduce -18.3%
UNH Unitedhealth Group Inc. 1.44% 1,460,213 $482.0M Add +3.4%
SHEL Shell PLC-ADR 1.39% 6,316,607 $464.1M Reduce -0.8%
MDT Medtronic PLC 1.39% 4,820,704 $463.1M Reduce -17.2%
CMI Cummins Inc. 1.37% 893,268 $456.0M Reduce -29.5%
SLB SLB Ltd. filed as SLB LIMITED 1.35% 11,747,332 $450.9M Reduce -2.0%
OMC Omnicom Group 1.33% 5,518,055 $445.6M Add +7.8%
GOOGL Alphabet Inc. Class A 1.33% 1,419,534 $444.3M Reduce -30.5%
PCAR Paccar Inc. 1.32% 4,023,118 $440.6M Add +21.3%
CFG Citizens Financial Group 1.17% 6,675,233 $389.9M Reduce -9.9%
KHC The Kraft Heinz Co. 1.15% 15,804,586 $383.3M Add +3.1%
HUM Humana Inc. 1.05% 1,363,528 $349.2M Add +0.1%
OVV Ovintiv Inc. 1.03% 8,770,993 $343.7M Add +1.1%
TFC Truist Financial Corp. 1.01% 6,843,349 $336.8M Add +42.0%
CNH CNH Industrial NV 0.97% 35,219,823 $324.7M Add +35.1%
OLN Olin Corp. 0.95% 15,278,245 $318.2M Add +20.4%
MDLZ Mondelez International Inc. Class A 0.89% 5,531,030 $297.7M Add +1919.5%
APTV Aptiv PLC 0.83% 3,619,797 $275.4M Reduce -0.1%
CRBG Corebridge Financial Inc. 0.81% 8,950,160 $270.0M Add +30.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.75% 4,547,256 $250.1M Reduce -14.4%
STZ Constellation Brands Inc. Class A 0.74% 1,787,066 $246.5M Add +7.4%
PPL PPL Corp. 0.73% 6,986,449 $244.7M Reduce -11.7%
SWK Stanley Black & Decker Inc. 0.72% 3,228,247 $239.8M Add +4.0%
CVS CVS Health Corp. 0.69% 2,893,377 $229.6M Add +0.5%
WPP WPP PLC-Sponsored ADR 0.68% 10,097,072 $226.8M Reduce -0.9%
NSC Norfolk Southern Corp. 0.67% 770,668 $222.5M Add +0.8%
FIS Fidelity National Info Serv 0.65% 3,274,593 $217.6M Add +1.5%
CTSH Cognizant Tech Solutions-A 0.64% 2,584,740 $214.5M Reduce -1.8%
COP Conocophillips 0.64% 2,287,674 $214.1M Add +10.1%
HCA HCA Healthcare Inc. 0.62% 444,067 $207.3M Reduce -42.1%
FCNCA First Citizens Bcshs Class A 0.62% 96,152 $206.4M Add +0.5%
FTV Fortive Corp. 0.61% 3,672,300 $202.7M Reduce -1.3%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.60% 2,057,630 $201.3M Add +300.9%
BKR Baker Hughes Co. 0.58% 4,262,778 $194.1M Reduce -42.1%
HIG Hartford Insurance Group Inc. 0.58% 1,400,394 $193.0M Add +0.8%
BA The Boeing Co. 0.58% 885,587 $192.3M Add +5.3%
TEL Te Connectivity PLC 0.56% 826,537 $188.0M Reduce -34.0%
LAD Lithia Motors Inc. 0.54% 546,171 $181.5M Add +28.2%
GSK GSK PLC-Spon ADR 0.54% 3,657,931 $179.4M Reduce -20.5%
UL Unilever PLC-Sponsored ADR 0.53% 2,723,620 $178.1M Add +7.7%
TKR Timken Co. 0.46% 1,843,942 $155.1M Add +6.7%
ZBH Zimmer Biomet Holdings Inc. 0.46% 1,724,601 $155.1M Add +7.1%
MUR Murphy Oil Corp. 0.46% 4,941,152 $154.4M Reduce -4.0%
UHAL.B U-Haul Holding Co.-Non Voting 0.45% 3,226,832 $150.8M Add +1.3%
FISV Fiserv Inc. 0.43% 2,158,790 $145.0M Add +9.8%
FLR Fluor Corp. 0.43% 3,587,735 $142.2M Add +3.3%
CI The Cigna Group 0.43% 516,425 $142.1M Add +12.3%
DE Deere & Co. 0.42% 304,670 $141.8M Add +52.5%
GD General Dynamics Corp. 0.42% 417,712 $140.6M Reduce -22.5%
CNC Centene Corp. 0.39% 3,193,209 $131.4M Reduce -3.5%
SOLV Solventum Corp. 0.39% 1,630,872 $129.2M Reduce -8.2%
CAG Conagra Brands Inc. 0.36% 6,975,548 $120.7M Add +14.0%
SLM SLM Corp. 0.35% 4,374,421 $118.4M Add +21.2%
STGW Stagwell Inc. 0.32% 22,075,107 $107.9M Add +5.0%
WK Workiva Inc. 0.30% 1,170,160 $100.9M Add +14.1%
BWA Borgwarner Inc. 0.30% 2,201,074 $99.2M Reduce -0.8%
BUD Anheuser-Busch Inbev-SPN ADR 0.29% 1,501,890 $96.2M Reduce -0.7%
RTX RTX Corp. 0.29% 524,431 $96.2M Reduce -10.8%
AVT Avnet Inc. 0.28% 1,973,911 $94.9M Reduce -1.9%
SNY Sanofi-ADR 0.28% 1,938,207 $93.9M Add +21.0%
ECVT Ecovyst Inc. 0.28% 9,568,392 $93.1M Add +8.1%
LH Labcorp Holdings Inc. 0.28% 368,938 $92.6M Reduce -2.1%
EEFT Euronet Worldwide Inc. 0.23% 1,021,153 $77.7M Add +4.8%
BPOP Popular Inc. 0.22% 591,656 $73.7M Reduce -21.1%
FHB First Hawaiian Inc. 0.22% 2,876,812 $72.8M Reduce -5.3%
DOX Amdocs Ltd. 0.21% 877,606 $70.7M Add +26.9%
VAC Marriott Vacations World 0.20% 1,161,395 $67.0M Add +12.2%
HII Huntington Ingalls Industrie 0.20% 192,719 $65.5M Reduce -18.4%
LIVN Livanova PLC 0.19% 1,040,481 $64.0M Reduce -1.9%
LEA Lear Corp. 0.19% 540,602 $62.0M Reduce -4.3%
WEX Wex Inc. 0.17% 381,331 $56.8M Add +9.9%
SF Stifel Financial Corp. 0.16% 414,099 $51.9M Reduce -10.7%
ADNT Adient PLC 0.15% 2,542,760 $48.7M Reduce -0.9%
NTB Bank of N.T. Butterfield&son 0.13% 899,070 $44.8M Reduce -4.9%
RUSHA Rush Enterprises Inc. Class A 0.13% 826,345 $44.6M Add +5.1%
BCO The Brink's Co. 0.13% 371,573 $43.4M Reduce -11.0%
CRC California Resources Corp. 0.12% 932,164 $41.7M Add +135.2%
OGE Oge Energy Corp. 0.11% 864,496 $36.9M Reduce -9.1%
EFOR Everforth Inc. filed as ASGN INC 0.10% 710,805 $34.2M Reduce -0.6%
AVA Avista Corp. 0.10% 864,319 $33.3M Reduce -6.3%
CRGY Crescent Energy Inc. Class A 0.10% 3,893,760 $32.7M Add +58.0%
JLL Jones Lang Lasalle Inc. 0.09% 90,540 $30.5M Reduce -55.0%
GBLI Global Indemnity Group LLC-A 0.08% 950,933 $27.0M Reduce -2.4%
ASB Associated Banc-Corp. 0.08% 1,038,701 $26.8M Reduce -5.8%
BKH Black Hills Corp. 0.08% 380,574 $26.4M Reduce -5.8%
MSFT Microsoft Corp. 0.08% 53,604 $25.9M Add +1.6%
NCMI National Cinemedia Inc. 0.07% 5,937,913 $23.1M Reduce -3.5%
XPRO Expro Group Holdings NV 0.07% 1,726,856 $23.1M Reduce -5.0%
MDU Mdu Resources Group Inc. 0.07% 1,177,200 $23.0M Reduce -16.6%
TSM Taiwan Semiconductor-SP ADR 0.07% 73,263 $22.3M Reduce -0.8%
HMN Horace Mann Educators 0.06% 468,557 $21.6M Reduce -2.6%
MAN Manpowergroup Inc. 0.06% 709,730 $21.1M Reduce -10.0%
MLR Miller Industries Inc. 0.06% 552,241 $20.6M Reduce -2.5%
JAZZ Jazz Pharmaceuticals PLC 0.06% 118,982 $20.2M Reduce -13.8%
WFRD Weatherford International PL 0.06% 235,850 $18.5M Reduce -2.8%
GBX Greenbrier Companies Inc. 0.06% 392,878 $18.4M Reduce -0.7%
KOS Kosmos Energy Ltd. 0.05% 20,110,881 $18.2M Reduce -4.2%
SAH Sonic Automotive Inc. Class A 0.05% 286,384 $17.7M Reduce -12.4%
KALU Kaiser Aluminum Corp. 0.05% 149,470 $17.2M Reduce -12.0%
PLAB Photronics Inc. 0.05% 529,249 $16.9M Reduce -11.5%
BTE Baytex Energy Corp. 0.05% 5,103,473 $16.5M Reduce -59.4%
FLS Flowserve Corp. 0.05% 236,103 $16.4M Reduce -0.3%
THR Thermon Group Holdings Inc. 0.05% 437,552 $16.3M Reduce -11.2%
BANC Banc of California Inc. 0.05% 804,824 $15.5M Reduce -1.2%
TNL Travel + Leisure Co. 0.05% 218,161 $15.4M Reduce -0.3%
PEB Pebblebrook Hotel Trust 0.05% 1,339,847 $15.2M Add +0.3%
ATMU Atmus Filtration Technologie 0.05% 291,153 $15.1M Reduce -45.4%
LNTH Lantheus Holdings Inc. 0.04% 224,496 $14.9M Add +0.6%
BKU Bankunited Inc. 0.04% 332,750 $14.8M Reduce -1.5%
BC Brunswick Corp. 0.04% 199,057 $14.8M Reduce -1.2%
BFH Bread Financial Holdings Inc. 0.04% 199,228 $14.7M Reduce -0.6%
SRG Seritage Growth Prop- A 0.04% 4,520,040 $14.7M Reduce -2.2%
POR Portland General Electric Co. 0.04% 305,371 $14.7M Reduce -2.3%
RHI Robert Half Inc. 0.04% 536,871 $14.6M Add +53.4%
NWE Northwestern Energy Group Inc. 0.04% 225,467 $14.6M Reduce -2.4%
TALO Talos Energy Inc. 0.04% 1,317,432 $14.5M Reduce -7.3%
AXTA Axalta Coating Systems Ltd. 0.04% 448,984 $14.5M Add +8.3%
WAFD Wafd Inc. 0.04% 452,517 $14.5M Add +1.6%
CMCO Columbus McKinnon Corp. 0.04% 822,625 $14.2M Reduce -0.9%
CNO Cno Financial Group Inc. 0.04% 332,621 $14.1M Reduce -1.0%
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 0.04% 345,944 $14.1M Add +7.1%
ACT Enact Holdings Inc. 0.04% 354,301 $14.0M Add +0.0%
WTM White Mountains Insurance GP 0.04% 6,752 $14.0M Reduce -5.0%
CNOB Connectone Bancorp Inc. 0.04% 530,812 $13.9M Reduce -0.8%
NBBK NB Bancorp Inc. 0.04% 701,992 $13.9M Add +1.0%
NEXT Nextdecade Corp. 0.04% 2,629,144 $13.9M Add +35.1%
KFRC Kforce Inc. 0.04% 447,105 $13.8M Add +9.2%
NBN Northeast Bank 0.04% 132,961 $13.8M Add +5.7%
TCBK Trico Bancshares 0.04% 291,483 $13.8M Add +0.7%
CFFN Capitol Federal Financial Inc. 0.04% 2,024,268 $13.8M Reduce -1.3%
HCSG Healthcare Services Group 0.04% 720,386 $13.8M Reduce -3.0%
EGBN Eagle Bancorp Inc. 0.04% 640,727 $13.7M Reduce -0.7%
FLG Flagstar Bank NA 0.04% 1,086,301 $13.7M Reduce -0.7%
ARW Arrow Electronics Inc. 0.04% 123,964 $13.7M Add +0.0%
ST Sensata Technologies Holdplc 0.04% 408,920 $13.6M Reduce -1.0%
REX Rex American Resources Corp. 0.04% 420,772 $13.6M Reduce -4.3%
NWN Northwest Natural Holding Co. 0.04% 289,275 $13.5M Reduce -6.3%
ADEA Adeia Inc. 0.04% 780,361 $13.5M Reduce -6.1%
PFS Provident Financial Services 0.04% 676,761 $13.4M Reduce -1.1%
COLB Columbia Banking System Inc. 0.04% 477,176 $13.3M Reduce -33.3%
MBIN Merchants Bancorp 0.04% 391,068 $13.3M Add +0.3%
CWK Cushman & Wakefield Ltd. 0.04% 819,212 $13.3M Reduce -1.2%
HTH Hilltop Holdings Inc. 0.04% 390,565 $13.3M Add +0.8%
ESNT Essent Group Ltd. 0.04% 203,811 $13.2M Add +1.1%
BBT Beacon Financial Corp. 0.04% 500,742 $13.2M Reduce -44.9%
RDN Radian Group Inc. 0.04% 365,709 $13.2M Add +1.2%
PFBC Preferred Bank/Los Angeles 0.04% 138,935 $13.1M Add +0.4%
HGV Hilton Grand Vacations Inc. 0.04% 292,358 $13.1M Add +2.2%
SR Spire Inc. 0.04% 157,882 $13.1M Reduce -8.1%
HBAN Huntington Bancshares Inc. 0.04% 749,919 $13.0M New
HUN Huntsman Corp. 0.04% 1,294,140 $12.9M Add +18.4%
HOPE Hope Bancorp Inc. 0.04% 1,180,465 $12.9M Reduce -0.2%
DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC 0.04% 428,714 $12.9M Reduce -0.9%
NAVI Navient Corp. 0.04% 988,464 $12.9M Add +1.2%
LOB Live Oak Bancshares Inc. 0.04% 370,859 $12.7M Reduce 0.0%
BUSE First Busey Corp. 0.04% 534,535 $12.7M Reduce -0.5%
PARR Par Pacific Holdings Inc. 0.04% 361,718 $12.7M Reduce -9.2%
INMD Inmode Ltd. 0.04% 864,140 $12.7M Reduce -3.9%
FHI Federated Hermes Inc. 0.04% 243,424 $12.7M Add +0.8%
NJR New Jersey Resources Corp. 0.04% 274,689 $12.7M Reduce -0.9%
HI Hillenbrand Inc. 0.04% 399,327 $12.7M Reduce -24.0%
OCFC Oceanfirst Financial Corp. 0.04% 704,025 $12.6M Reduce -1.1%
REYN Reynolds Consumer Products I 0.04% 548,717 $12.6M Reduce -1.0%
FRME First Merchants Corp. 0.04% 333,596 $12.5M Add +3.8%
FUL H.B. Fuller Co. filed as FULLER H B CO 0.04% 210,257 $12.5M Reduce -0.2%
HTO H2O America 0.04% 254,823 $12.5M Add +0.6%
FBIN Fortune Brands Innovations I 0.04% 249,391 $12.5M Add +9.7%
SFNC Simmons First Natl Corp. Class A 0.04% 656,587 $12.4M Add +3.8%
WGO Winnebago Industries 0.04% 304,243 $12.3M Add +4.0%
NOG Northern Oil and Gas Inc. 0.04% 572,961 $12.3M Add +13.7%
THO Thor Industries Inc. 0.04% 118,908 $12.2M Add +0.2%
MSM MSC Industrial Direct Co. Class A 0.04% 145,079 $12.2M Add +2.6%
EGY Vaalco Energy Inc. 0.04% 3,325,520 $12.1M Reduce -0.4%
BRSL Brightstar Lottery PLC 0.04% 780,554 $12.1M Reduce -3.2%
INVX Innovex International Inc. 0.04% 551,703 $12.1M Reduce -1.6%
PK Park Hotels & Resorts Inc. 0.04% 1,140,329 $11.9M Add +1.1%
MYE Myers Industries Inc. 0.04% 634,699 $11.9M Reduce -1.2%
PLUS Eplus Inc. 0.04% 134,899 $11.8M Reduce -1.4%
WKC World Kinect Corp. 0.03% 497,234 $11.7M Add +0.7%
HTBK Heritage Commerce Corp. 0.03% 969,474 $11.6M Reduce -1.0%
OIS Oil States International Inc. filed as OIL STS INTL INC 0.03% 1,703,901 $11.5M Reduce -5.8%
SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD 0.03% 272,562 $11.3M Reduce -19.8%
PBF PBF Energy Inc. Class A 0.03% 417,885 $11.3M Reduce -14.8%
TRST Trustco Bank Corp. NY 0.03% 272,999 $11.3M Add +0.5%
DK Delek US Holdings Inc. 0.03% 380,010 $11.3M Reduce -11.0%
FISI Financial Institutions Inc. 0.03% 361,452 $11.3M Reduce -1.0%
VLY Valley National Bancorp 0.03% 958,681 $11.2M Reduce -1.1%
LNC Lincoln National Corp. 0.03% 250,852 $11.2M Add +0.6%
GNTX Gentex Corp. 0.03% 478,953 $11.1M Add +3.8%
RMR RMR Group Inc./the - A 0.03% 743,525 $11.1M Add +0.7%
FIBK First Interstate Bancsys-A 0.03% 318,450 $11.0M Reduce -0.8%
PUMP Propetro Holding Corp. 0.03% 1,156,295 $11.0M Reduce -15.6%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.03% 94,630 $11.0M Reduce -14.0%
VRTS Virtus Investment Partners 0.03% 67,172 $11.0M Reduce -0.8%
KMPR Kemper Corp. 0.03% 267,456 $10.8M Add +10.8%
QCRH QCR Holdings Inc. 0.03% 129,656 $10.8M Reduce -0.2%
AMPH Amphastar Pharmaceuticals Inc. 0.03% 402,563 $10.8M Add +23.4%
MLKN Millerknoll Inc. 0.03% 588,937 $10.8M Add +12.4%
SNV Synovus Financial Corp. 0.03% 214,360 $10.7M Reduce -2.1%
HAFC Hanmi Financial Corporation 0.03% 394,646 $10.7M Reduce -1.1%
JBSS John B. Sanfilippo & Son Inc. filed as SANFILIPPO JOHN B & SON INC 0.03% 150,857 $10.7M Reduce -0.5%
HVT Haverty Furniture 0.03% 452,251 $10.6M Add +2.1%
SM SM Energy Co. 0.03% 564,730 $10.6M Add +16.2%
LBRT Liberty Energy Inc. 0.03% 570,790 $10.5M Reduce -13.4%
HIFS Hingham Institution for SVGS 0.03% 37,086 $10.5M Reduce -1.2%
INDB Independent Bank Corp. 0.03% 142,405 $10.4M Add +0.3%
FFWM First Foundation Inc. 0.03% 1,689,030 $10.4M Add +0.4%
ACEL Accel Entertainment Inc. 0.03% 910,430 $10.4M Add +6.2%
HTLD Heartland Express Inc. 0.03% 1,149,008 $10.4M Reduce -0.4%
WASH Washington Trust Bancorp 0.03% 350,893 $10.4M Add +3.2%
SANM Sanmina Corp. 0.03% 69,076 $10.4M Reduce -16.3%
ASTH Astrana Health Inc. 0.03% 416,930 $10.3M Reduce -1.1%
AHL Aspen Insurance Holdings Class A 0.03% 278,410 $10.3M Reduce -4.5%
UVSP Univest Financial Corp. 0.03% 314,159 $10.3M Reduce -0.3%
PM Philip Morris International 0.03% 64,030 $10.3M Reduce -15.0%
OBK Origin Bancorp Inc. 0.03% 272,729 $10.3M Add +4.7%
HBNC Horizon Bancorp Inc. 0.03% 602,985 $10.2M Add +0.2%
VC Visteon Corp. 0.03% 106,878 $10.2M Reduce -0.7%
EE Excelerate Energy Inc. Class A 0.03% 362,147 $10.2M Reduce -8.8%
MMS Maximus Inc. 0.03% 117,523 $10.1M Reduce -0.7%
THG Hanover Insurance Group Inc./ 0.03% 55,265 $10.1M Reduce -0.5%
CPF Central Pacific Financial Co. 0.03% 322,929 $10.1M Add +0.6%
SIGI Selective Insurance Group 0.03% 118,999 $10.0M Reduce -2.2%
VOD Vodafone Group PLC-SP ADR 0.03% 752,504 $9.9M No change
ATKR Atkore Inc. 0.03% 155,724 $9.8M Reduce -6.5%
GT Goodyear Tire & Rubber Co. 0.03% 1,116,546 $9.8M Add +17.1%
MBWM Mercantile Bank Corp. 0.03% 202,623 $9.7M Add +0.5%
FG F&G Annuities & Life Inc. 0.03% 314,594 $9.7M Add +6.9%
SRCE 1ST Source Corp. 0.03% 154,289 $9.6M Add +2.0%
SAIC Science Applications Inte 0.03% 95,605 $9.6M Add +15.7%
HOG Harley-Davidson Inc. 0.03% 468,436 $9.6M Add +0.7%
IOSP Innospec Inc. 0.03% 125,062 $9.6M Add +12.2%
HALO Halozyme Therapeutics Inc. 0.03% 141,148 $9.5M Add +4.8%
VOYA Voya Financial Inc. 0.03% 127,482 $9.5M Add +0.7%
CATY Cathay General Bancorp 0.03% 195,982 $9.5M Reduce -1.0%
AMTB Amerant Bancorp Inc. 0.03% 484,718 $9.5M Add +4.3%
STC Stewart Information Services 0.03% 133,707 $9.4M Add +0.1%
PII Polaris Inc. 0.03% 147,842 $9.4M Reduce -20.3%
ACIW Aci Worldwide Inc. 0.03% 195,329 $9.3M Reduce -1.0%
CVI CVR Energy Inc. 0.03% 365,790 $9.3M Reduce -16.7%
UFPI Ufp Industries Inc. 0.03% 101,796 $9.3M Add +8.3%
MICC The Magnum Ice Cream Co. NV 0.03% 581,506 $9.2M Add +2.1%
KE Kimball Electronics Inc. 0.03% 330,321 $9.2M Reduce -0.3%
TITN Titan Machinery Inc. 0.03% 608,301 $9.1M Add +22.1%
TPH Tri Pointe Homes Inc. 0.03% 288,405 $9.1M Add +5.3%
CXT Crane NXT Co. 0.03% 192,644 $9.1M Reduce -11.1%
ZION Zions Bancorp NA 0.03% 154,540 $9.0M New
CON Concentra Group Holdings Par 0.03% 458,503 $9.0M Add +8.7%
DENN Denny's Corp. 0.03% 1,442,118 $9.0M Reduce -0.2%
ABG Asbury Automotive Group 0.03% 38,573 $9.0M Reduce -0.5%
TRS Trimas Corp. 0.03% 252,963 $9.0M Reduce -0.2%
EFSC Enterprise Financial Service 0.03% 165,454 $8.9M Add +0.7%
MEI Methode Electronics Inc. 0.03% 1,339,993 $8.9M Add +0.1%
APOG Apogee Enterprises Inc. 0.03% 243,271 $8.9M Add +7.5%
PRKS United Parks & Resorts Inc. 0.03% 243,990 $8.9M Reduce -0.4%
CLB Core Laboratories Inc. 0.03% 551,115 $8.8M Reduce -1.5%
VSH Vishay Intertechnology Inc. 0.03% 605,155 $8.8M Reduce -6.6%
DHIL Diamond Hill Investment Grp 0.03% 51,513 $8.7M Reduce -22.5%
VNT Vontier Corp. 0.03% 234,442 $8.7M Add +0.1%
SCSC Scansource Inc. 0.03% 222,905 $8.7M Reduce -0.4%
TNC Tennant Co. 0.03% 117,775 $8.7M Reduce -0.9%
DEI Douglas Emmett Inc. 0.03% 789,790 $8.7M Add +7.9%
TMP Tompkins Financial Corp. 0.03% 118,599 $8.6M Reduce -0.1%
ABM Abm Industries Inc. 0.03% 202,726 $8.6M Add +2.2%
NESR National Energy Services Reu 0.03% 543,610 $8.5M Reduce -13.1%
OXM Oxford Industries Inc. 0.03% 248,212 $8.5M Add +10.6%
GPI Group 1 Automotive Inc. 0.03% 21,509 $8.5M Add +0.6%
JBI Janus International Group Inc. 0.03% 1,293,448 $8.5M Reduce -1.0%
CSTM Constellium SE 0.03% 448,180 $8.4M Reduce -1.2%
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.03% 189,920 $8.4M Add +0.3%
XRN Chiron Real Estate Inc. filed as GLOBAL MED REIT INC 0.03% 247,330 $8.3M Add +6.9%
HELE Helen of Troy Ltd. 0.03% 392,665 $8.3M Add +16.1%
RES RPC Inc. 0.02% 1,528,158 $8.3M Reduce -1.1%
AMWD American Woodmark Corp. 0.02% 152,915 $8.2M Reduce -1.0%
LAUR Laureate Education Inc. 0.02% 244,656 $8.2M Reduce -1.1%
IVZ Invesco Ltd. 0.02% 312,980 $8.2M Reduce -7.1%
LEG Leggett & Platt Inc. 0.02% 741,920 $8.2M Add +1.8%
WHD Cactus Inc. Class A 0.02% 174,970 $8.0M Add +8.4%
ALLY Ally Financial Inc. 0.02% 174,597 $7.9M Reduce -5.8%
BLBD Blue Bird Corp. 0.02% 167,670 $7.9M Reduce -1.0%
MSBI Midland States Bancorp Inc. 0.02% 371,784 $7.9M Add +9.9%
MATX Matson Inc. 0.02% 63,541 $7.9M Add +5.5%
KRNY Kearny Financial Corp. 0.02% 1,057,280 $7.8M Reduce -1.3%
PHIN Phinia Inc. 0.02% 124,299 $7.8M Add +3.2%
AMTM Amentum Holdings Inc. 0.02% 268,375 $7.8M Add +0.1%
AAT American Assets Trust Inc. 0.02% 410,729 $7.8M Add +0.8%
ACHC Acadia Healthcare Co. Inc. 0.02% 546,391 $7.8M Reduce -4.8%
REZI Resideo Technologies Inc. 0.02% 219,022 $7.7M Reduce -16.0%
FFIC Flushing Financial Corp. 0.02% 504,028 $7.6M Reduce -0.1%
CRI Carter's Inc. 0.02% 233,432 $7.6M Reduce -5.9%
THFF First Financial Corp. 0.02% 122,851 $7.4M Add +2.0%
GIII G-III Apparel Group Ltd. 0.02% 254,758 $7.4M Reduce -0.1%
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.02% 49,715 $7.4M Add +5.5%
CAC Camden National Corp. 0.02% 169,420 $7.3M Add +6.0%
SNDR Schneider National Inc. Class B 0.02% 275,995 $7.3M Add +8.8%
UNF Unifirst Corp. 0.02% 37,919 $7.3M Add +4.7%
HLF Herbalife Ltd. 0.02% 563,210 $7.3M Reduce -2.5%
DRH Diamondrock Hospitality Co. 0.02% 809,237 $7.3M No change
AGO Assured Guaranty Ltd. 0.02% 80,285 $7.2M Add +0.0%
NGVT Ingevity Corp. 0.02% 120,630 $7.1M Add +1.4%
JHG Janus Henderson Group PLC 0.02% 149,778 $7.1M Reduce -1.2%
NVST Envista Holdings Corp. 0.02% 325,200 $7.1M Add +0.4%
BMRC Bank of Marin Bancorp filed as BANK MARIN BANCORP 0.02% 270,166 $7.0M Reduce -1.1%
MAT Mattel Inc. 0.02% 349,880 $6.9M Reduce -1.1%
HBCP Home Bancorp Inc. 0.02% 119,913 $6.9M Add +0.7%
TPC Tutor Perini Corp. 0.02% 103,280 $6.9M Reduce -4.7%
SEM Select Medical Holdings Corp. 0.02% 464,559 $6.9M Reduce -1.0%
NFBK Northfield Bancorp Inc. 0.02% 603,076 $6.9M Add +1.7%
SHBI Shore Bancshares Inc. 0.02% 389,779 $6.9M Add +0.8%
BRSP Brightspire Capital Inc. 0.02% 1,224,540 $6.9M Add +0.9%
GSBC Great Southern Bancorp Inc. 0.02% 111,235 $6.8M No change
LOCO El Pollo Loco Holdings Inc. 0.02% 652,433 $6.8M Add +3.4%
SLVM Sylvamo Corp. 0.02% 141,587 $6.8M Add +1.2%
UHS Universal Health Services-B 0.02% 31,205 $6.8M Reduce -30.8%
MTG Mgic Investment Corp. 0.02% 232,800 $6.8M No change
PLOW Douglas Dynamics Inc. 0.02% 207,244 $6.8M No change
OTTR Otter Tail Corp. 0.02% 83,569 $6.8M Add +0.3%
SON Sonoco Products Co. 0.02% 154,618 $6.7M Add +11.8%
PLXS Plexus Corp. 0.02% 45,851 $6.7M Reduce -1.2%
IMXI International Money Express 0.02% 437,390 $6.7M Add +0.0%
INGM Ingram Micro Holding Corp. 0.02% 314,395 $6.7M Reduce -1.2%
BYD Boyd Gaming Corp. 0.02% 78,660 $6.7M No change
HFWA Heritage Financial Corp. 0.02% 282,819 $6.7M Add +0.8%
VAL Valaris Ltd. 0.02% 132,548 $6.7M Reduce -1.2%
COLM Columbia Sportswear Co. 0.02% 120,080 $6.6M Add +2.4%
FMBH First Mid Bancshares Inc. 0.02% 169,444 $6.6M Add +5.2%
EIG Employers Holdings Inc. 0.02% 152,959 $6.6M Add +2.3%
BHRB Burke & Herbert Financial SE 0.02% 105,644 $6.6M Add +0.7%
QUAD Quad Graphics Inc. 0.02% 1,048,520 $6.6M Reduce -1.9%
CTBI Community Trust Bancorp Inc. 0.02% 115,806 $6.5M Add +2.5%
OGS One Gas Inc. 0.02% 84,368 $6.5M Reduce -1.2%
GIC Global Industrial Co. 0.02% 222,834 $6.5M Add +2.0%
FSUN Firstsun Capital Bancorp 0.02% 172,658 $6.5M No change
AWI Armstrong World Industries 0.02% 33,990 $6.5M Add +0.9%
DIOD Diodes Inc. 0.02% 131,606 $6.5M Reduce -1.7%
ACDC Profrac Holding Corp. Class A 0.02% 1,666,290 $6.5M Add +12.2%
HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I 0.02% 1,033,103 $6.5M Reduce -1.1%
PGC Peapack Gladstone Finl Corp. 0.02% 231,880 $6.5M Reduce -1.5%
ACRE Ares Commercial Real Estate 0.02% 1,347,342 $6.4M Add +2.4%
TGNA Tegna Inc. 0.02% 331,319 $6.4M Add +0.2%
NRC NRC Health filed as NATIONAL RESH CORP 0.02% 342,400 $6.4M Add +17.1%
TBI Trueblue Inc. 0.02% 1,399,565 $6.4M Add +10.9%
UTL Unitil Corp. 0.02% 131,129 $6.4M Reduce -1.1%
HZO Marinemax Inc. 0.02% 259,845 $6.3M Reduce -1.0%
CENT Central Garden & Pet Co. 0.02% 195,796 $6.3M Add +9.4%
UCB United Community Banks 0.02% 200,347 $6.3M No change
WNC Wabash National Corp. 0.02% 714,832 $6.2M Add +12.3%
NE Noble Corp. PLC 0.02% 218,829 $6.2M Reduce -1.0%
ARI Apollo Commercial Real Estat 0.02% 635,462 $6.2M No change
UTMD Utah Medical Products Inc. 0.02% 109,001 $6.1M No change
TOWN Towne Bank 0.02% 182,009 $6.1M Add +3.9%
JAKK Jakks Pacific Inc. 0.02% 359,306 $6.1M Reduce -1.2%
AVNW Aviat Networks Inc. 0.02% 282,308 $6.0M Reduce -1.3%
WTTR Select Water Solutions Inc. 0.02% 570,591 $6.0M Reduce -25.6%
KFY Korn Ferry 0.02% 90,029 $5.9M Add +3.0%
ANIP Ani Pharmaceuticals Inc. 0.02% 74,780 $5.9M Add +0.4%
DOUG Douglas Elliman Inc. 0.02% 2,479,633 $5.9M Add +0.2%
MMI Marcus & Millichap Inc. 0.02% 213,376 $5.8M Add +3.5%
SIG Signet Jewelers Ltd. 0.02% 69,942 $5.8M Reduce -8.8%
CMTG Claros Mortgage Trust Inc. 0.02% 1,820,745 $5.6M Add +0.8%
PVH PVH Corp. 0.02% 82,820 $5.6M Add +0.6%
BLMN Bloomin' Brands Inc. 0.02% 899,002 $5.5M Reduce -1.2%
GTES Gates Industrial Corp. UK Ltd. 0.02% 257,490 $5.5M Reduce -1.2%
AIN Albany Intl Corp. Class A 0.02% 107,763 $5.5M Add +6.0%
EPC Edgewell Personal Care Co. 0.02% 314,146 $5.4M Add +16.9%
NSP Insperity Inc. 0.02% 134,315 $5.2M Add +1.7%
ENR Energizer Holdings Inc. 0.02% 259,667 $5.2M Add +7.8%
SIGA Siga Technologies Inc. 0.01% 819,447 $5.0M Reduce -1.0%
BBWI Bath & Body Works Inc. 0.01% 244,780 $4.9M Add +12.8%
BDN Brandywine Realty Trust 0.01% 1,642,149 $4.8M Add +4.7%
ESRT Empire State Realty Trust-A 0.01% 728,780 $4.8M Add +0.3%
WHR Whirlpool Corp. 0.01% 62,901 $4.5M Add +18.8%
ONEW Onewater Marine Inc. Class A 0.01% 408,888 $4.4M Add +6.8%
UFCS United Fire Group Inc. 0.01% 117,098 $4.3M No change
SNCY Sun Country Airlines Holding filed as SUN CTRY AIRLS HLDGS INC 0.01% 293,149 $4.2M Add +1.4%
ARDT Ardent Health Inc. 0.01% 475,806 $4.2M Reduce -1.1%
REVG Rev Group Inc. 0.01% 67,670 $4.1M Reduce -0.1%
BWB Bridgewater Bancshares Inc. 0.01% 230,944 $4.0M Reduce -1.8%
NXT Nextpower Inc. 0.01% 45,974 $4.0M Reduce -1.7%
RGP Resources Connection Inc. 0.01% 787,448 $4.0M No change
PLAY Dave & Buster's Entertainmen 0.01% 243,940 $4.0M Add +22.5%
HAL Halliburton Co. 0.01% 136,853 $3.9M Reduce -11.5%
RBB RBB Bancorp 0.01% 186,303 $3.8M Add +0.1%
KMT Kennametal Inc. 0.01% 134,664 $3.8M No change
FSTR Foster (lb) Co. Class A 0.01% 140,817 $3.8M Reduce -0.8%
CARE Carter Bankshares Inc. 0.01% 191,238 $3.8M No change
INSW International Seaways Inc. 0.01% 75,639 $3.7M No change
AROW Arrow Financial Corp. 0.01% 116,889 $3.7M Add +3.7%
BSRR Sierra Bancorp 0.01% 111,409 $3.6M No change
BCML Baycom Corp. 0.01% 122,493 $3.6M Add +1.4%
MYFW First Western Financial Inc. 0.01% 130,798 $3.5M No change
MPB Mid Penn Bancorp Inc. 0.01% 112,287 $3.5M Add +2.5%
FNB FNB Corp. 0.01% 201,380 $3.4M No change
WCC Wesco International Inc. 0.01% 13,993 $3.4M Reduce -21.8%
CIVB Civista Bancshares Inc. 0.01% 153,728 $3.4M No change
MHO M/I Homes Inc. 0.01% 26,486 $3.4M Add +6.4%
AZZ Azz Inc. 0.01% 31,300 $3.4M Add +2.8%
CCNE CNB Financial Corp. 0.01% 128,155 $3.4M No change
MCRI Monarch Casino & Resort Inc. 0.01% 34,720 $3.3M No change
SMBC Southern Missouri Bancorp 0.01% 55,871 $3.3M Add +0.2%
CBAN Colony Bankcorp 0.01% 185,081 $3.3M No change
CASS Cass Information Systems Inc. 0.01% 79,312 $3.3M Add +12.0%
MRTN Marten Transport Ltd. 0.01% 288,702 $3.3M Add +19.3%
NPK National Presto Inds Inc. 0.01% 30,530 $3.3M No change
MCHB Mechanics Bancorp Class A 0.01% 222,657 $3.3M No change
MGRC McGrath Rentcorp 0.01% 30,844 $3.2M Add +2.7%
TDW Tidewater Inc. 0.01% 64,030 $3.2M No change
FSBC Five Star Bancorp 0.01% 89,710 $3.2M Add +6.7%
ASO Academy Sports & Outdoors Inc. 0.01% 63,375 $3.2M No change
KBH KB Home 0.01% 54,365 $3.1M Add +8.4%
TAP Molson Coors Beverage Co. Class B 0.01% 65,500 $3.1M New
GPMT Granite Point Mortgage Trust 0.01% 1,269,557 $3.0M Add +0.8%
CCS Century Communities Inc. 0.01% 51,140 $3.0M Add +8.0%
INBK First Internet Bancorp 0.01% 145,106 $3.0M Add +3.0%
EBF Ennis Inc. 0.01% 167,593 $3.0M Add +2.0%
ARTNA Artesian Resources Corp. Class A 0.01% 93,520 $3.0M No change
CBNK Capital Bancorp Inc. 0.01% 104,834 $3.0M Add +1.6%
GRBK Green Brick Partners Inc. 0.01% 46,838 $2.9M No change
LEGH Legacy Housing Corp. 0.01% 150,330 $2.9M Add +0.1%
BSVN BANK7 Corp. 0.01% 71,587 $2.9M No change
FMNB Farmers Natl Banc Corp. 0.01% 220,176 $2.9M Add +0.1%
FC Franklin Covey Co. 0.01% 172,493 $2.9M Add +7.8%
CNXN PC Connection Inc. 0.01% 50,104 $2.9M Add +3.8%
PWP Perella Weinberg Partners 0.01% 165,640 $2.9M Reduce -23.5%
FORR Forrester Research Inc. 0.01% 349,239 $2.8M Add +4.6%
CBT Cabot Corp. 0.01% 41,800 $2.8M Add +3.3%
CPRI Capri Holdings Ltd. 0.01% 108,700 $2.7M No change
EEX Emerald Holding Inc. 0.01% 586,376 $2.6M No change
PETS Petmed Express Inc. 0.01% 788,103 $2.5M No change
ASIX Advansix Inc. 0.01% 145,626 $2.5M Add +1.5%
NRG NRG Energy Inc. 0.01% 15,500 $2.5M Reduce -11.9%
AVD American Vanguard Corp. 0.01% 579,606 $2.2M No change
AGCO Agco Corp. 0.01% 19,836 $2.1M Reduce -13.4%
ICLR Icon PLC 0.01% 11,200 $2.0M New
UPBD Upbound Group Inc. 0.00% 62,000 $1.1M New
NTRS Northern Trust Corp. 0.00% 5,100 $697K Reduce -74.8%
CCL Carnival Corp. 0.00% 21,200 $647K No change
MS Morgan Stanley 0.00% 3,100 $550K No change
CMA Comerica Inc. 0.00% 5,700 $496K Reduce -91.0%
STRR Star Equity Holdings Inc. 0.00% 11,920 $134K No change
SRI Stoneridge Inc. 0.00% 14,500 $84K No change

Options reported separately and not counted above: UPS puts ($56.0M), DLR puts ($7.0M), MTUM puts ($1.6M).

Other holdings (3): bonds, preferreds, convertibles and warrants · $34.1M (not counted above)
SecurityClassShares / PrincipalValueChange
VGLT Vanguard Long-Term Treasury LONG TERM TREAS · principal 264,300$14.7MNew
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 176,322$12.2MNo change
PEBBLEBROOK HOTEL TRUST (PEB 6.3 PERP F) 6.3 CUM PFD SR F 377,137$7.2MAdd +0.1%

Total filed on the 13F, all lines: $33.4B.

Portfolio Sells Q3 2025 → Q4 2025

WBD Warner Bros Discovery Inc. Sold out 0.00% −1.11
BKR Baker Hughes Co. Reduce -42.1% 0.58% −0.53
HCA HCA Healthcare Inc. Reduce -42.1% 0.62% −0.39
MDT Medtronic PLC Reduce -17.2% 1.39% −0.33
CMI Cummins Inc. Reduce -29.5% 1.37% −0.29
TEL Te Connectivity PLC Reduce -34.0% 0.56% −0.29
GOOGL Alphabet Inc. Class A Reduce -30.5% 1.33% −0.21
PPL PPL Corp. Reduce -11.7% 0.73% −0.18
GD General Dynamics Corp. Reduce -22.5% 0.42% −0.15
APTV Aptiv PLC Reduce -0.1% 0.83% −0.14
NOV Nov Inc. Reduce -18.3% 1.52% −0.11
WPP WPP PLC-Sponsored ADR Reduce -0.9% 0.68% −0.11
BAC Bank of America Corp. Reduce -14.4% 0.75% −0.10
APA Apa Corp. Reduce -0.9% 2.60% −0.10
JLL Jones Lang Lasalle Inc. Reduce -55.0% 0.09% −0.10
GSK GSK PLC-Spon ADR Reduce -20.5% 0.54% −0.08
BPOP Popular Inc. Reduce -21.1% 0.22% −0.07
LH Labcorp Holdings Inc. Reduce -2.1% 0.28% −0.06
CFG Citizens Financial Group Reduce -9.9% 1.17% −0.05
KOS Kosmos Energy Ltd. Reduce -4.2% 0.05% −0.05
VGLT Vanguard Long-Term Treasury Sold out 0.00% −0.05
ADNT Adient PLC Reduce -0.9% 0.15% −0.05
GS Goldman Sachs Group Inc. Sold out 0.00% −0.04
AVT Avnet Inc. Reduce -1.9% 0.28% −0.04
BTE Baytex Energy Corp. Reduce -59.4% 0.05% −0.04
VBTX Veritex Holdings Inc. Sold out 0.00% −0.04
HSII Heidrick & Struggles Intl Sold out 0.00% −0.04
BRY Berry Corp. Sold out 0.00% −0.04
VTLE Vital Energy Inc. Sold out 0.00% −0.04
MAN Manpowergroup Inc. Reduce -10.0% 0.06% −0.03
ATMU Atmus Filtration Technologie Reduce -45.4% 0.05% −0.03
BBT Beacon Financial Corp. Reduce -44.9% 0.04% −0.03
OGE Oge Energy Corp. Reduce -9.1% 0.11% −0.03
SAH Sonic Automotive Inc. Class A Reduce -12.4% 0.05% −0.02
SHEL Shell PLC-ADR Reduce -0.8% 1.39% −0.02
CVI CVR Energy Inc. Reduce -16.7% 0.03% −0.02
BCO The Brink's Co. Reduce -11.0% 0.13% −0.02
ACHC Acadia Healthcare Co. Inc. Reduce -4.8% 0.02% −0.02
MGA Magna International Inc. Reduce -9.0% 1.57% −0.02
CXT Crane NXT Co. Reduce -11.1% 0.03% −0.02
COLB Columbia Banking System Inc. Reduce -33.3% 0.04% −0.02
RTX RTX Corp. Reduce -10.8% 0.29% −0.02
NCMI National Cinemedia Inc. Reduce -3.5% 0.07% −0.02
SRG Seritage Growth Prop- A Reduce -2.2% 0.04% −0.02
FHB First Hawaiian Inc. Reduce -5.3% 0.22% −0.02
SOLV Solventum Corp. Reduce -8.2% 0.39% −0.02
HII Huntington Ingalls Industrie Reduce -18.4% 0.20% −0.01
JBI Janus International Group Inc. Reduce -1.0% 0.03% −0.01
PRKS United Parks & Resorts Inc. Reduce -0.4% 0.03% −0.01
PBF PBF Energy Inc. Class A Reduce -14.8% 0.03% −0.01

Portfolio Buys Q3 2025 → Q4 2025

MDLZ Mondelez International Inc. Class A Add +1919.5% 0.89% +0.84
CRM Salesforce Inc. Add +37.1% 2.23% +0.72
PPG PPG Industries Inc. Add +48.9% 1.80% +0.52
CMCSA Comcast Corp. Class A Add +33.0% 2.49% +0.45
SJM The JM Smucker Co. Add +300.9% 0.60% +0.43
TFC Truist Financial Corp. Add +42.0% 1.01% +0.33
PCAR Paccar Inc. Add +21.3% 1.32% +0.31
GEHC GE Healthcare Technology Add +7.1% 2.22% +0.25
DE Deere & Co. Add +52.5% 0.42% +0.14
AIG American International Group Add +0.1% 2.63% +0.13
CRBG Corebridge Financial Inc. Add +30.4% 0.81% +0.13
LAD Lithia Motors Inc. Add +28.2% 0.54% +0.13
USB US Bancorp Add +0.5% 1.86% +0.12
D Dominion Energy Inc. Add +14.4% 2.05% +0.11
ELV Elevance Health Inc. Add +0.3% 2.15% +0.10
CNH CNH Industrial NV Add +35.1% 0.97% +0.10
FCNCA First Citizens Bcshs Class A Add +0.5% 0.62% +0.09
TKR Timken Co. Add +6.7% 0.46% +0.06
CRC California Resources Corp. Add +135.2% 0.12% +0.06
SNY Sanofi-ADR Add +21.0% 0.28% +0.05
SLM SLM Corp. Add +21.2% 0.35% +0.04
STZ Constellation Brands Inc. Class A Add +7.4% 0.74% +0.04
OMC Omnicom Group Add +7.8% 1.33% +0.04
HBAN Huntington Bancshares Inc. New 0.04% +0.04
ECVT Ecovyst Inc. Add +8.1% 0.28% +0.04
DOX Amdocs Ltd. Add +26.9% 0.21% +0.04
COP Conocophillips Add +10.1% 0.64% +0.03
CRGY Crescent Energy Inc. Class A Add +58.0% 0.10% +0.03
WK Workiva Inc. Add +14.1% 0.30% +0.03
ZION Zions Bancorp NA New 0.03% +0.03
CI The Cigna Group Add +12.3% 0.43% +0.01
CVS CVS Health Corp. Add +0.5% 0.69% +0.01
CAG Conagra Brands Inc. Add +14.0% 0.36% +0.01
BA The Boeing Co. Add +5.3% 0.58% +0.01
UL Unilever PLC-Sponsored ADR Add +7.7% 0.53% +0.01
LNTH Lantheus Holdings Inc. Add +0.6% 0.04% +0.01
TAP Molson Coors Beverage Co. Class B New 0.01% +0.01
HUN Huntsman Corp. Add +18.4% 0.04% +0.01
NRC NRC Health Add +17.1% 0.02% +0.01
GT Goodyear Tire & Rubber Co. Add +17.1% 0.03% +0.01
RHI Robert Half Inc. Add +53.4% 0.04% +0.01
AXTA Axalta Coating Systems Ltd. Add +8.3% 0.04% +0.01
WGO Winnebago Industries Add +4.0% 0.04% +0.01
ICLR Icon PLC New 0.01% +0.01
MSBI Midland States Bancorp Inc. Add +9.9% 0.02% +0.01
YETI Yeti Holdings Inc. Add +0.3% 0.03% +0.01
AMPH Amphastar Pharmaceuticals Inc. Add +23.4% 0.03% +0.01
SNDR Schneider National Inc. Class B Add +8.8% 0.02% +0.01
MATX Matson Inc. Add +5.5% 0.02% +0.01
HRI Herc Holdings Inc. Add +5.5% 0.02% +0.01

Options Activity Q3 2025 → Q4 2025

QQQ Invesco QQQ Trust Series 1 put Sold out 98,000 $58.8Mbefore exit

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

Notes & Other Activity Q3 2025 → Q4 2025

VGLT Vanguard Long-Term Treasury LONG TERM TREAS · principal New 264,300 $14.7M
PEBBLEBROOK HOTEL TRUST (PEB 6.3 PERP F) 6.3 CUM PFD SR F Add +0.1% 377,137 $7.2M

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