Kennedy Capital Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Kennedy Capital Management LLC reported 531 stock positions worth $4.7 billion. Its top holding was Valmont Industries (VMI) at 1.4% of the portfolio, followed by QCR (QCRH, 1.3%) and Chefs' Warehouse (CHEF, 1.1%). Compared with Q3 2025, it opened 39 new positions, sold out of 63, added to 250 and reduced 220. The biggest buy was a new position in Standardaero (SARO) and the biggest sale an exit from Genpact (G).
- Most Recent 13F
- Q2 2026
- Location
- ST LOUIS, MO
- CIK
- 0000884589
- Portfolio Value
- $4.7B (Q4 2025)
- SEC Filing
- 0000884589-26-000003 ↗ filed Feb 13, 2026
Holdings Value
Holdings 531 stocks · $4.7B
| VMI Valmont Industries | 1.40% | 163,754 | $65.9M | Add +47.9% |
| QCRH QCR Holdings Inc. | 1.34% | 762,068 | $63.5M | Add +9.7% |
| CHEF The Chefs' Warehouse Inc. | 1.08% | 816,088 | $50.9M | Reduce -10.6% |
| MRCY Mercury Systems Inc. | 1.04% | 670,489 | $49.0M | Add +2.0% |
| SF Stifel Financial Corp. | 1.02% | 384,332 | $48.1M | Reduce -2.8% |
| GMED Globus Medical Inc. Class A | 0.91% | 492,641 | $43.0M | Add +0.3% |
| ENS Enersys | 0.82% | 262,793 | $38.6M | Reduce -15.6% |
| FUL H.B. Fuller Co. filed as FULLER H B CO | 0.79% | 630,194 | $37.5M | Add +43.4% |
| OZK Bank Ozk | 0.72% | 740,531 | $34.1M | Add +6.1% |
| ATRC Atricure Inc. | 0.70% | 837,326 | $33.1M | Add +0.1% |
| WTFC Wintrust Financial Corp. | 0.70% | 236,060 | $33.0M | Add +7.3% |
| GTES Gates Industrial Corp. UK Ltd. | 0.69% | 1,528,525 | $32.8M | Add +6.7% |
| REVG Rev Group Inc. | 0.67% | 518,333 | $31.5M | Add +1.2% |
| PIPR Piper Sandler Cos | 0.66% | 92,339 | $31.4M | Add +11.8% |
| ALG Alamo Group Inc. | 0.65% | 183,065 | $30.7M | Add +16.2% |
| HOMB Home Bancshares Inc. | 0.65% | 1,106,228 | $30.7M | Add +16.4% |
| HALO Halozyme Therapeutics Inc. | 0.62% | 433,766 | $29.2M | Add +13.1% |
| CR Crane Co. | 0.62% | 157,738 | $29.1M | Add +0.5% |
| ONTO Onto Innovation Inc. | 0.62% | 184,005 | $29.0M | Add +237.7% |
| SEI Solaris Energy Infrastructur | 0.61% | 629,747 | $28.9M | Add +98.2% |
| CPRX Catalyst Pharmaceuticals Inc. | 0.60% | 1,209,692 | $28.2M | Add +14.1% |
| SARO Standardaero Inc. | 0.60% | 981,533 | $28.2M | New |
| AX Axos Financial Inc. | 0.56% | 308,935 | $26.6M | Add +12.3% |
| OBK Origin Bancorp Inc. | 0.56% | 706,235 | $26.6M | Add +13.5% |
| PATK Patrick Industries Inc. | 0.55% | 238,981 | $25.9M | Add +14.2% |
| AZZ Azz Inc. | 0.55% | 240,271 | $25.8M | Add +13.8% |
| AVDL Avadel Pharmaceuticals Ltd. | 0.55% | 1,194,197 | $25.7M | Reduce -26.6% |
| FR First Industrial Realty TR | 0.54% | 444,051 | $25.4M | Add +47.5% |
| UFPI Ufp Industries Inc. | 0.53% | 273,818 | $24.9M | Add +11.8% |
| DCO Ducommun Inc. | 0.53% | 262,003 | $24.9M | Reduce -8.8% |
| RRC Range Resources Corp. | 0.52% | 702,104 | $24.8M | Add +66.2% |
| OSBC Old Second Bancorp Inc. | 0.52% | 1,267,042 | $24.7M | Add +15.9% |
| OSK Oshkosh Corp. | 0.52% | 195,276 | $24.5M | Add +41.1% |
| HLIO Helios Technologies Inc. | 0.52% | 457,526 | $24.5M | Reduce -39.6% |
| BOOT Boot Barn Holdings Inc. | 0.52% | 138,112 | $24.4M | Reduce -0.5% |
| EXP Eagle Materials Inc. | 0.51% | 117,442 | $24.3M | Add +7.8% |
| GBCI Glacier Bancorp Inc. | 0.51% | 548,536 | $24.2M | Add +27.1% |
| TRS Trimas Corp. | 0.51% | 678,672 | $24.1M | Reduce -12.9% |
| AHCO Adapthealth Corp. | 0.51% | 2,408,038 | $24.0M | Add +15.2% |
| ITGR Integer Holdings Corp. | 0.50% | 300,462 | $23.6M | New |
| BLD Topbuild Corp. | 0.50% | 56,296 | $23.5M | Reduce -9.7% |
| ADUS Addus Homecare Corp. | 0.50% | 218,341 | $23.4M | Add +11.0% |
| MTSI Macom Technology Solutions H | 0.50% | 136,819 | $23.4M | Reduce -0.1% |
| MGNI Magnite Inc. | 0.49% | 1,435,970 | $23.3M | Add +18.3% |
| MKSI MKS Inc. | 0.49% | 144,139 | $23.0M | Reduce -16.0% |
| LLY Eli Lilly & Co. | 0.48% | 21,160 | $22.7M | Reduce -28.1% |
| CNOB Connectone Bancorp Inc. | 0.48% | 863,983 | $22.7M | Add +13.0% |
| REZI Resideo Technologies Inc. | 0.48% | 642,829 | $22.6M | Add +33.0% |
| DINO HF Sinclair Corp. | 0.46% | 473,389 | $21.8M | Add +13.1% |
| FROG Jfrog Ltd. | 0.46% | 348,779 | $21.8M | Reduce -0.1% |
| PENG Penguin Solutions Inc. | 0.46% | 1,108,336 | $21.7M | Add +11.7% |
| NBN Northeast Bank | 0.45% | 202,156 | $21.0M | Reduce -1.0% |
| SXI Standex International Corp. | 0.44% | 95,841 | $20.8M | Add +14.3% |
| SNX TD Synnex Corp. | 0.44% | 137,877 | $20.7M | Reduce -11.4% |
| MTRN Materion Corp. | 0.43% | 164,750 | $20.5M | Add +7.4% |
| LMAT Lemaitre Vascular Inc. | 0.43% | 247,907 | $20.1M | Add +14.8% |
| AIZ Assurant Inc. | 0.43% | 83,391 | $20.1M | Reduce -7.6% |
| AORT Artivion Inc. | 0.42% | 438,745 | $20.0M | Add +0.2% |
| SRCE 1ST Source Corp. | 0.42% | 318,733 | $19.9M | Add +19.9% |
| KRG Kite Realty Group Trust | 0.42% | 829,404 | $19.9M | Add +6.9% |
| TCBI Texas Capital Bancshares Inc. | 0.42% | 218,542 | $19.8M | Add +31.7% |
| NSIT Insight Enterprises Inc. | 0.42% | 242,104 | $19.7M | Add +36.7% |
| BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN | 0.42% | 819,695 | $19.7M | Add +37.0% |
| ITT Itt Inc. | 0.41% | 112,201 | $19.5M | Reduce -0.7% |
| CWST Casella Waste Systems Inc. Class A | 0.41% | 197,970 | $19.4M | Reduce -3.7% |
| CCB Coastal Financial Corp. | 0.41% | 168,825 | $19.3M | Add +19.0% |
| SSB Southstate Bank Corp. | 0.41% | 205,551 | $19.3M | Add +8.0% |
| PTGX Protagonist Therapeutics Inc. | 0.41% | 221,444 | $19.3M | Add +6.2% |
| TXNM TXNM Energy Inc. | 0.41% | 327,115 | $19.3M | Add +9.2% |
| NBHC National Bank Hold Class A | 0.41% | 505,333 | $19.2M | Add +39.0% |
| JXN Jackson Financial Inc. Class A | 0.41% | 179,390 | $19.1M | Add +14.9% |
| TBBK The Bancorp Inc. | 0.40% | 281,469 | $19.0M | Add +0.1% |
| NOG Northern Oil and Gas Inc. | 0.40% | 884,006 | $19.0M | Add +17.0% |
| PFBC Preferred Bank/Los Angeles | 0.40% | 199,419 | $18.8M | Add +19.9% |
| PFGC Performance Food Group Co. | 0.39% | 207,351 | $18.6M | Add +7.3% |
| AVY Avery Dennison Corp. | 0.39% | 100,998 | $18.4M | Add +7.3% |
| ICUI Icu Medical Inc. | 0.39% | 128,039 | $18.3M | Add +0.6% |
| DAN Dana Inc. | 0.38% | 756,015 | $18.0M | Add +19.9% |
| IDA Idacorp Inc. | 0.38% | 141,776 | $17.9M | Add +19.9% |
| ATMU Atmus Filtration Technologie | 0.38% | 343,848 | $17.8M | Reduce -2.2% |
| CVCO Cavco Industries Inc. | 0.37% | 29,876 | $17.6M | Reduce -0.4% |
| TCBX Third Coast Bancshares Inc. | 0.37% | 458,617 | $17.4M | Add +0.1% |
| GOLF Acushnet Holdings Corp. | 0.37% | 217,803 | $17.4M | Add +11.5% |
| EPRT Essential Properties Realty | 0.37% | 582,586 | $17.3M | Add +12.6% |
| ANIP Ani Pharmaceuticals Inc. | 0.36% | 213,801 | $16.9M | Add +12.3% |
| BHE Benchmark Electronics Inc. | 0.36% | 394,698 | $16.9M | Add +8.5% |
| AHR American Healthcare REIT Inc. | 0.36% | 358,610 | $16.9M | Add +4.9% |
| CADE Cadence Bank | 0.36% | 391,355 | $16.8M | Add +66.3% |
| CHCT Community Healthcare Trust I | 0.35% | 1,019,810 | $16.7M | Add +26.4% |
| ACLS Axcelis Technologies Inc. | 0.35% | 205,737 | $16.5M | Add +12.4% |
| ICHR Ichor Holdings Ltd. | 0.35% | 892,524 | $16.4M | Add +20.9% |
| AIT Applied Industrial Tech Inc. | 0.35% | 63,864 | $16.4M | Add +13.3% |
| UGI Ugi Corp. | 0.34% | 430,703 | $16.1M | Add +20.3% |
| KWR Quaker Chemical Corporation | 0.34% | 116,887 | $16.0M | Add +6.2% |
| COHR Coherent Corp. | 0.34% | 86,422 | $16.0M | Reduce -4.4% |
| SIGI Selective Insurance Group | 0.34% | 189,838 | $15.9M | Reduce -11.7% |
| LXP LXP Industrial Trust | 0.33% | 318,409 | $15.8M | Reduce -78.2% |
| FSBC Five Star Bancorp | 0.33% | 438,831 | $15.7M | Add +14.8% |
| AAOI Applied Optoelectronics Inc. | 0.33% | 447,109 | $15.6M | New |
| GRBK Green Brick Partners Inc. | 0.33% | 248,037 | $15.5M | Add +19.9% |
Portfolio Sells Q3 2025 → Q4 2025
| G Genpact Ltd. | Sold out | 0.00% | −0.46 |
| HLIO Helios Technologies Inc. | Reduce -39.6% | 0.52% | −0.35 |
| MRC MRC Global Inc. | Sold out | 0.00% | −0.31 |
| KNF Knife River Corp. | Reduce -75.0% | 0.09% | −0.31 |
| SLGN Silgan Holdings Inc. | Sold out | 0.00% | −0.28 |
| WNS WNS Holdings Ltd. | Sold out | 0.00% | −0.25 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.25 |
| FOUR SHIFT4 Payments Inc. Class A | Reduce -65.5% | 0.09% | −0.24 |
| WH Wyndham Hotels & Resorts Inc. | Sold out | 0.00% | −0.24 |
| AAON Aaon Inc. | Reduce -29.9% | 0.28% | −0.23 |
| VRNA Verona Pharma Ltd. | Sold out | 0.00% | −0.23 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.22 |
| TDY Teledyne Technologies Inc. | Reduce -31.3% | 0.29% | −0.22 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.20 |
| RRX Regal Rexnord Corp. | Reduce -55.8% | 0.14% | −0.20 |
| KMPR Kemper Corp. | Sold out | 0.00% | −0.20 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.19 |
| CYBR Cyberark Software Ltd./Israel | Reduce -85.3% | 0.03% | −0.18 |
| FMC FMC Corp. | Sold out | 0.00% | −0.18 |
| WCC Wesco International Inc. | Reduce -51.5% | 0.20% | −0.17 |
| POST Post Holdings Inc. | Reduce -27.5% | 0.31% | −0.17 |
| SM SM Energy Co. | Reduce -32.7% | 0.15% | −0.16 |
| AAPL Apple Inc. | Sold out | 0.00% | −0.16 |
| AIN Albany Intl Corp. Class A | Sold out | 0.00% | −0.16 |
| FBK FB Financial Corp. | Sold out | 0.00% | −0.16 |
| TRS Trimas Corp. | Reduce -12.9% | 0.51% | −0.16 |
| EGP Eastgroup Properties Inc. | Sold out | 0.00% | −0.15 |
| RS Reliance Inc. | Reduce -41.2% | 0.20% | −0.15 |
| CCC CCC Intelligent Solutions Ho | Sold out | 0.00% | −0.14 |
| ARIS WATER SOLUTIONS INC-A | Sold out | 0.00% | −0.13 |
| OPRX Optimizerx Corp. | Reduce -0.1% | 0.17% | −0.13 |
| KRYS Krystal Biotech Inc. | Reduce -88.5% | 0.02% | −0.13 |
| SNX TD Synnex Corp. | Reduce -11.4% | 0.44% | −0.12 |
| CSL Carlisle Cos Inc. | Reduce -43.9% | 0.13% | −0.12 |
| NCLH Norwegian Cruise Line Holdin | Sold out | 0.00% | −0.11 |
| PCH Potlatchdeltic Corp. | Reduce -30.2% | 0.21% | −0.11 |
| ADPT Adaptive Biotechnologies | Reduce -29.3% | 0.31% | −0.11 |
| GNRC Generac Holdings Inc. | Reduce -27.6% | 0.14% | −0.11 |
| GDDY GoDaddy Inc. Class A | Sold out | 0.00% | −0.11 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.10 |
| CHEF The Chefs' Warehouse Inc. | Reduce -10.6% | 1.08% | −0.10 |
| FTDR Frontdoor Inc. | Reduce -20.4% | 0.18% | −0.10 |
| ALE Allete Inc. | Sold out | 0.00% | −0.10 |
| AMTB Amerant Bancorp Inc. | Sold out | 0.00% | −0.10 |
| ORRF Orrstown Finl Services Inc. | Reduce -44.9% | 0.12% | −0.09 |
| UNH Unitedhealth Group Inc. | Reduce -34.5% | 0.14% | −0.09 |
| PRAX Praxis Precision Medicines I | Sold out | 0.00% | −0.09 |
| EPAC Enerpac Tool Group Corp. | Reduce -24.5% | 0.18% | −0.09 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.08 |
| DCO Ducommun Inc. | Reduce -8.8% | 0.53% | −0.08 |
Portfolio Buys Q3 2025 → Q4 2025
| SARO Standardaero Inc. | New | 0.60% | +0.60 |
| ITGR Integer Holdings Corp. | New | 0.50% | +0.50 |
| ONTO Onto Innovation Inc. | Add +237.7% | 0.62% | +0.46 |
| VMI Valmont Industries | Add +47.9% | 1.40% | +0.45 |
| SEI Solaris Energy Infrastructur | Add +98.2% | 0.61% | +0.33 |
| AAOI Applied Optoelectronics Inc. | New | 0.33% | +0.33 |
| GMED Globus Medical Inc. Class A | Add +0.3% | 0.91% | +0.29 |
| DNOW Dnow Inc. | New | 0.28% | +0.28 |
| STRL Sterling Infrastructure Inc. | New | 0.24% | +0.24 |
| FUL H.B. Fuller Co. | Add +43.4% | 0.79% | +0.22 |
| HL Hecla Mining Co. | New | 0.20% | +0.20 |
| CUZ Cousins Properties Inc. | New | 0.20% | +0.20 |
| FR First Industrial Realty TR | Add +47.5% | 0.54% | +0.20 |
| RXO Rxo Inc. | New | 0.19% | +0.19 |
| QCRH QCR Holdings Inc. | Add +9.7% | 1.34% | +0.18 |
| RRC Range Resources Corp. | Add +66.2% | 0.52% | +0.17 |
| AIOT Powerfleet Inc. | Add +292.3% | 0.22% | +0.16 |
| CADE Cadence Bank | Add +66.3% | 0.36% | +0.16 |
| VOYG Voyager Technologies Inc. Class A | New | 0.15% | +0.15 |
| CPRX Catalyst Pharmaceuticals Inc. | Add +14.1% | 0.60% | +0.14 |
| CWK Cushman & Wakefield Ltd. | Add +83.0% | 0.30% | +0.13 |
| Q Qnity Electronics Inc. | New | 0.13% | +0.13 |
| BAH Booz Allen Hamilton Holdings | Add +220.7% | 0.20% | +0.13 |
| OSK Oshkosh Corp. | Add +41.1% | 0.52% | +0.12 |
| APLD Applied Digital Corp. | New | 0.12% | +0.12 |
| DV Doubleverify Holdings Inc. | New | 0.12% | +0.12 |
| ACMR Acm Research Inc. Class A | New | 0.12% | +0.12 |
| RAPP Rapport Therapeutics Inc. | New | 0.11% | +0.11 |
| MOD Modine Manufacturing Co. | Add +72.1% | 0.32% | +0.11 |
| WLTH Wealthfront Corp. | New | 0.11% | +0.11 |
| ICFI Icf International Inc. | Add +80.7% | 0.29% | +0.11 |
| TCBI Texas Capital Bancshares Inc. | Add +31.7% | 0.42% | +0.11 |
| CRS Carpenter Technology | New | 0.11% | +0.11 |
| OSBC Old Second Bancorp Inc. | Add +15.9% | 0.52% | +0.11 |
| YETI Yeti Holdings Inc. | Add +19.9% | 0.30% | +0.10 |
| PTGX Protagonist Therapeutics Inc. | Add +6.2% | 0.41% | +0.10 |
| DAN Dana Inc. | Add +19.9% | 0.38% | +0.10 |
| LINE Lineage Inc. | New | 0.10% | +0.10 |
| AEO American Eagle Outfitters | Add +10.1% | 0.25% | +0.10 |
| NBHC National Bank Hold Class A | Add +39.0% | 0.41% | +0.10 |
| SMRT Smartrent Inc. | New | 0.09% | +0.09 |
| AHCO Adapthealth Corp. | Add +15.2% | 0.51% | +0.09 |
| ANF Abercrombie & Fitch Co. Class A | New | 0.09% | +0.09 |
| JLL Jones Lang Lasalle Inc. | Add +173.7% | 0.14% | +0.09 |
| APGE Apogee Therapeutics Inc. | Add +0.8% | 0.20% | +0.09 |
| OBK Origin Bancorp Inc. | Add +13.5% | 0.56% | +0.09 |
| DXCM Dexcom Inc. | Add +593.1% | 0.10% | +0.09 |
| ADMA Adma Biologics Inc. | Add +24.5% | 0.26% | +0.09 |
| OMF Onemain Holdings Inc. | New | 0.08% | +0.08 |
| AUB Atlantic Union Bankshares Co. | Add +39.5% | 0.33% | +0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 543 | $5.6B | MRCY, VMI, CHEF, RAL, QCRH |
| Q1 2026 | 535 | $4.7B | VMI, QCRH, MRCY, CHEF, GMED |
| Q4 2025 | 531 | $4.7B | VMI, QCRH, CHEF, MRCY, SF |
| Q3 2025 | 555 | $4.5B | CHEF, QCRH, MRCY, SF, VMI |
| Q2 2025 | 581 | $4.2B | CHEF, SF, NVDA, MSFT, VMI |
| Q1 2025 | 642 | $4.2B | CHEF, AAPL, SF, LLY, MSFT |
| Q4 2024 | 669 | $4.5B | NVDA, AAPL, MSFT, SF, CHEF |
| Q3 2024 | 687 | $4.5B | SF, NVDA, MSFT, AAPL, CR |
| Q2 2024 | 695 | $4.7B | SF, NVDA, MSFT, BARNES GROUP INC, CR |
| Q1 2024 | 723 | $4.9B | SF, HOMB, WTFC, MSFT, CR |