Kabouter Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Kabouter Management, LLC reported 15 stock positions worth $23.7 million. Its top holding was iShares MSCI Eafe Small-Cap (SCZ) at 37.9% of the portfolio, followed by Open Text (OTEX, 17.4%) and Nice Ltd. - Spon ADR (NICE, 15.2%). Compared with Q4 2023, it added to 2 and reduced 6. The biggest buy was iShares MSCI Emerging MKT SM (EEMS, shares +26%) and the biggest sale iShares MSCI Eafe ETF (EFA, shares −97%).
- Most Recent 13F
- Q3 2024
- Location
- Chicago, IL
- CIK
- 0001605429
- Portfolio Value
- $23.7M (Q1 2024)
- SEC Filing
- 0000950123-24-004185 ↗ filed May 9, 2024
Holdings Value
Holdings 15 stocks · $23.7M
| SCZ iShares MSCI Eafe Small-Cap | 37.94% | 141,932 | $9.0M | Reduce -80.4% |
| OTEX Open Text Corp. | 17.37% | 105,976 | $4.1M | Reduce -27.1% |
| NICE Nice Ltd. - Spon ADR | 15.21% | 13,822 | $3.6M | Reduce -20.0% |
| STE Steris PLC | 11.06% | 11,650 | $2.6M | Reduce -20.0% |
| EFA iShares MSCI Eafe ETF | 8.44% | 25,041 | $2.0M | Reduce -97.0% |
| EEMS iShares MSCI Emerging MKT SM | 3.07% | 12,349 | $727K | Add +25.6% |
| WNS WNS Holdings Ltd.-ADR filed as WNS HLDGS LTD | 2.48% | 11,641 | $588K | Add +24.9% |
| EEM iShares MSCI Emerging Market | 1.82% | 10,506 | $432K | Reduce -46.0% |
| ATHM Autohome Inc.-ADR | 1.35% | 12,206 | $320K | No change |
| LPG Dorian LPG Ltd. | 0.91% | 5,600 | $215K | No change |
| SMIN iShares MSCI India Small-Cap | 0.17% | 576 | $40K | No change |
| EWT iShares MSCI Taiwan ETF | 0.08% | 379 | $18K | No change |
| EWY iShares MSCI South Korea ETF | 0.04% | 156 | $10K | No change |
| EWZS iShares MSCI Brazil Small-Ca | 0.03% | 563 | $8K | No change |
| ACWX iShares MSCI Acwi Ex US ETF | 0.02% | 109 | $6K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| EFA iShares MSCI Eafe ETF | Reduce -97.0% | 8.44% | −42.74 |
| EEM iShares MSCI Emerging Market | Reduce -46.0% | 1.82% | +1.19 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -80.4% | 37.94% | +1.64 |
| STE Steris PLC | Reduce -20.0% | 11.06% | +8.44 |
| NICE Nice Ltd. - Spon ADR | Reduce -20.0% | 15.21% | +12.39 |
| OTEX Open Text Corp. | Reduce -27.1% | 17.37% | +12.40 |