Ophir Asset Management Pty Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Ophir Asset Management Pty Ltd reported 32 stock positions worth $891.6 million. Its top holding was V2X (VVX) at 5.6% of the portfolio, followed by Aar (AIR, 5.1%) and Silicon Motion Technol-ADR (SIMO, 4.9%). Compared with Q3 2025, it opened 10 new positions, sold out of 7, added to 11 and reduced 11. The biggest buy was a new position in Marex UK (MRX) and the biggest sale an exit from Powell Industries (POWL).
- Most Recent 13F
- Q2 2026
- Location
- SYDNEY, C3
- CIK
- 0001844640
- Portfolio Value
- $891.6M (Q4 2025)
- SEC Filing
- 0001844640-26-000002 ↗ filed Feb 17, 2026
Holdings Value
Holdings 32 stocks · $891.6M
| VVX V2X Inc. | 5.58% | 912,274 | $49.8M | Add +10.9% |
| AIR Aar Corp. | 5.10% | 549,520 | $45.5M | Reduce -16.9% |
| SIMO Silicon Motion Technol-ADR | 4.86% | 467,564 | $43.3M | Reduce -7.5% |
| HURN Huron Consulting Group Inc. | 4.74% | 244,302 | $42.2M | Reduce -18.9% |
| MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC | 4.68% | 1,087,160 | $41.7M | New |
| GENI Genius Sports Ltd. | 4.66% | 3,771,695 | $41.6M | Add +28.9% |
| DCO Ducommun Inc. | 4.58% | 429,204 | $40.8M | Reduce -5.8% |
| REZI Resideo Technologies Inc. | 4.41% | 1,119,007 | $39.3M | Add +28.6% |
| ANDE The Andersons Inc. | 4.35% | 728,724 | $38.7M | New |
| MGNI Magnite Inc. | 4.34% | 2,384,187 | $38.7M | New |
| PNTG The Pennant Group Inc. | 4.19% | 1,326,850 | $37.4M | Add +24.1% |
| RDVT Red Violet Inc. | 4.08% | 638,598 | $36.4M | Add +0.7% |
| LRN Stride Inc. | 3.92% | 537,915 | $34.9M | Add +165.0% |
| NCNO Ncino Inc. | 3.81% | 1,325,484 | $34.0M | New |
| DSGX The Descartes Systems Grp | 3.29% | 334,391 | $29.3M | Add +61.3% |
| BGSI Boyd Group Services Inc. | 2.83% | 158,549 | $25.3M | New |
| XZO Exzeo Group Inc. | 2.68% | 985,845 | $23.9M | New |
| CDNL Cardinal Infrastructure GR-A | 2.68% | 986,985 | $23.9M | New |
| PENG Penguin Solutions Inc. | 2.66% | 1,211,612 | $23.7M | Add +234.3% |
| IESC Ies Holdings Inc. filed as IES HLDGS INC | 2.60% | 59,575 | $23.2M | Reduce -7.7% |
| JBI Janus International Group Inc. | 2.55% | 3,479,005 | $22.8M | New |
| IRTC Irhythm Holdings Inc. | 2.54% | 127,697 | $22.7M | Add +25.7% |
| ZETA Zeta Global Holdings Corp. Class A | 2.39% | 1,048,509 | $21.3M | Reduce -46.2% |
| PDFS PDF Solutions Inc. | 2.31% | 723,127 | $20.6M | New |
| UNFI United Natural Foods Inc. | 2.01% | 531,027 | $17.9M | Reduce -60.5% |
| CDNA Caredx Inc. | 1.96% | 925,433 | $17.4M | Reduce -57.9% |
| REAL BROKERAGE INC/THE filed as THE REAL BROKERAGE INC | 1.62% | 3,952,949 | $14.4M | Add +24.9% |
| TRS Trimas Corp. | 1.29% | 323,742 | $11.5M | Add +45.9% |
| VIAV Viavi Solutions Inc. | 1.26% | 629,466 | $11.2M | Reduce -33.4% |
| ADTN Adtran Holdings Inc. | 1.04% | 1,069,420 | $9.3M | Reduce -11.2% |
| BRCB Black Rock Coffee Bar Inc. Class A | 0.69% | 274,688 | $6.1M | New |
| KRUS Kura Sushi USA Inc. Class A | 0.32% | 55,193 | $2.9M | Reduce -76.5% |
Portfolio Sells Q3 2025 → Q4 2025
| POWL Powell Industries Inc. | Sold out | 0.00% | −4.56 |
| UNFI United Natural Foods Inc. | Reduce -60.5% | 2.01% | −4.24 |
| DFIN Donnelley Financial Solution | Sold out | 0.00% | −3.38 |
| TREX Trex Company Inc. | Sold out | 0.00% | −2.55 |
| WLY Wiley (john) & Sons Class A | Sold out | 0.00% | −2.47 |
| ZETA Zeta Global Holdings Corp. Class A | Reduce -46.2% | 2.39% | −2.39 |
| ADMA Adma Biologics Inc. | Sold out | 0.00% | −2.27 |
| AIR Aar Corp. | Reduce -16.9% | 5.10% | −2.22 |
| AORT Artivion Inc. | Sold out | 0.00% | −2.16 |
| CDNA Caredx Inc. | Reduce -57.9% | 1.96% | −1.99 |
| KRUS Kura Sushi USA Inc. Class A | Reduce -76.5% | 0.32% | −1.40 |
| NGVC Natural Grocers BY Vitamin C | Sold out | 0.00% | −1.12 |
| SIMO Silicon Motion Technol-ADR | Reduce -7.5% | 4.86% | −1.06 |
| DCO Ducommun Inc. | Reduce -5.8% | 4.58% | −0.83 |
| HURN Huron Consulting Group Inc. | Reduce -18.9% | 4.74% | −0.73 |
| IESC Ies Holdings Inc. | Reduce -7.7% | 2.60% | −0.57 |
| ADTN Adtran Holdings Inc. | Reduce -11.2% | 1.04% | −0.35 |
| VIAV Viavi Solutions Inc. | Reduce -33.4% | 1.26% | −0.22 |
Portfolio Buys Q3 2025 → Q4 2025
| MRX Marex UK Holdings Ltd. | New | 4.68% | +4.68 |
| ANDE The Andersons Inc. | New | 4.35% | +4.35 |
| MGNI Magnite Inc. | New | 4.34% | +4.34 |
| NCNO Ncino Inc. | New | 3.81% | +3.81 |
| BGSI Boyd Group Services Inc. | New | 2.83% | +2.83 |
| XZO Exzeo Group Inc. | New | 2.68% | +2.68 |
| CDNL Cardinal Infrastructure GR-A | New | 2.68% | +2.68 |
| JBI Janus International Group Inc. | New | 2.55% | +2.55 |
| PDFS PDF Solutions Inc. | New | 2.31% | +2.31 |
| PENG Penguin Solutions Inc. | Add +234.3% | 2.66% | +1.48 |
| DSGX The Descartes Systems Grp | Add +61.3% | 3.29% | +0.87 |
| PNTG The Pennant Group Inc. | Add +24.1% | 4.19% | +0.86 |
| BRCB Black Rock Coffee Bar Inc. Class A | New | 0.69% | +0.69 |
| IRTC Irhythm Holdings Inc. | Add +25.7% | 2.54% | +0.38 |
| TRS Trimas Corp. | Add +45.9% | 1.29% | +0.23 |
| GENI Genius Sports Ltd. | Add +28.9% | 4.66% | +0.19 |
| LRN Stride Inc. | Add +165.0% | 3.92% | +0.18 |
| RDVT Red Violet Inc. | Add +0.7% | 4.08% | −0.01 |
| REAL BROKERAGE INC/THE | Add +24.9% | 1.62% | −0.02 |
| REZI Resideo Technologies Inc. | Add +28.6% | 4.41% | −0.23 |
| VVX V2X Inc. | Add +10.9% | 5.58% | −0.32 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 36 | $1.2B | MRX, SXI, VVX, AIR, SIMO |
| Q1 2026 | 34 | $858.7M | AIR, VVX, MRX, SXI, EZPW |
| Q4 2025 | 32 | $891.6M | VVX, AIR, SIMO, HURN, MRX |
| Q3 2025 | 29 | $809.7M | AIR, UNFI, SIMO, VVX, HURN |
| Q2 2025 | 27 | $628.7M | REZI, POWL, AIR, GENI, VVX |
| Q1 2025 | 31 | $572.5M | AIR, WLY, GENI, IRTC, CDNA |
| Q4 2024 | 30 | $671.6M | GENI, WLY, IRTC, AIR, WLFC |
| Q3 2024 | 31 | $649.9M | WLY, OSIS, GENI, VVX, OLLI |
| Q2 2024 | 33 | $564.3M | PENG, OSIS, LRN, HQY, CACI |
| Q1 2024 | 32 | $570.8M | GDDY, SN, LRN, KRUS, REVG |