| SMHI Seacor Marine Holdings Inc. | 6.88% | 581,221 | $7.8M | Reduce -1.0% |
| BBW Build-A-Bear Workshop Inc. | 6.13% | 276,355 | $7.0M | No change |
| AEM Agnico Eagle Mines Ltd. | 5.63% | 98,074 | $6.4M | Reduce -1.8% |
| BRT BRT Apartments Corp. | 5.33% | 347,679 | $6.1M | Reduce -0.0% |
| TAYD Taylor Devices Inc. | 4.96% | 125,594 | $5.6M | No change |
| HURC Hurco Companies Inc. | 4.53% | 338,065 | $5.2M | Add +9.6% |
| GLD SPDR Gold Shares | 4.25% | 22,518 | $4.8M | No change |
| CSCO Cisco Systems Inc. | 3.61% | 86,430 | $4.1M | Reduce -0.1% |
| DO Diamond Offshore Drilling Inc. | 3.60% | 265,000 | $4.1M | No change |
| GLW Corning Inc. | 3.45% | 101,271 | $3.9M | Reduce -0.1% |
| PFE Pfizer Inc. | 3.38% | 137,460 | $3.8M | Reduce -5.1% |
| AGI Alamos Gold Inc. Class A | 3.26% | 236,845 | $3.7M | No change |
| NGD New Gold Inc. | 2.90% | 1,692,870 | $3.3M | No change |
| UHAL.B U-Haul Holding Co.-Non Voting | 2.60% | 49,353 | $3.0M | No change |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 2.34% | 93,368 | $2.7M | No change |
| NEM Newmont Corp. | 2.19% | 59,485 | $2.5M | No change |
| INTC Intel Corp. | 2.17% | 79,910 | $2.5M | Reduce -1.7% |
| OR Osisko Gold Royalties Ltd. | 2.14% | 156,395 | $2.4M | No change |
| TRC Tejon Ranch Co. | 1.97% | 131,681 | $2.2M | Add +2.1% |
| SENEA Seneca Foods Corp. Class A | 1.77% | 35,090 | $2.0M | New |
| BVFL BV Financial Inc. filed as BV FINL INC | 1.57% | 150,000 | $1.8M | No change |
| CPBI Central Plains Bancshares Inc. | 1.55% | 175,000 | $1.8M | No change |
| HTB Hometrust Bancshares Inc. | 1.41% | 53,408 | $1.6M | No change |
| SFBC Sound Financial Bancorp Inc. | 1.36% | 35,945 | $1.5M | No change |
| ESSA Essa Bancorp Inc. | 1.33% | 86,175 | $1.5M | No change |
| OEC Orion SA | 1.28% | 66,200 | $1.5M | No change |
| SVT Servotronics Inc. | 1.26% | 120,727 | $1.4M | Add +11.7% |
| GLDD Great Lakes Dredge & Dock Co. | 1.19% | 154,645 | $1.4M | Reduce -60.8% |
| AXR Amrep Corp. | 1.18% | 70,950 | $1.3M | No change |
| HL Hecla Mining Co. | 1.17% | 275,795 | $1.3M | No change |
| NBBK NB Bancorp Inc. | 1.10% | 82,999 | $1.3M | No change |
| SILV Silvercrest Metals Inc. | 1.09% | 152,405 | $1.2M | No change |
| PBHC Pathfinder Bancorp Inc. | 1.06% | 91,915 | $1.2M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 0.82% | 5,100 | $929K | No change |
| WMPN William Penn Bancorp | 0.75% | 75,000 | $855K | No change |
| TCBS Texas Community Bancshares | 0.68% | 54,485 | $776K | No change |
| IROQ If Bancorp Inc. | 0.63% | 44,350 | $718K | No change |
| CNH CNH Industrial NV | 0.63% | 70,600 | $715K | Add +58.3% |
| DRIL-QUIP INC | 0.62% | 37,700 | $701K | Add +59.1% |
| ECBK Ecb Bancorp Inc. | 0.60% | 55,000 | $686K | No change |
| CEF Sprott Physical Gold and Sil | 0.60% | 31,055 | $685K | Reduce -7.0% |
| FHN First Horizon Corp. | 0.55% | 40,000 | $631K | No change |
| ASRV Ameriserv Financial Inc. | 0.54% | 274,583 | $621K | No change |
| TCBC TC Bancshares Inc. | 0.51% | 43,000 | $581K | No change |
| NVEC Nve Corp. | 0.51% | 7,702 | $575K | New |
| GDX Vaneck Gold Miners ETF | 0.46% | 15,445 | $524K | Reduce -1.3% |
| MRAM Everspin Technologies Inc. | 0.43% | 82,000 | $491K | Add +32.3% |
| RMBI Richmond Mutual Bancorporati | 0.41% | 40,000 | $470K | No change |
| UHAL U-Haul Holding Co. | 0.34% | 6,215 | $384K | No change |
| B Barrick Gold Corp. | 0.28% | 18,800 | $314K | New |
| TDW Tidewater Inc. | 0.27% | 3,270 | $311K | No change |
| CULL Cullman Bancorp Inc. | 0.23% | 25,000 | $257K | No change |
| MUX McEwen Inc. | 0.18% | 22,782 | $209K | No change |
| XOM Exxon Mobil Corp. | 0.18% | 1,800 | $207K | No change |
| ENGCQ Englobal Corp. | 0.07% | 59,675 | $78K | No change |
| TPHS Trinity Place Holdings Inc. | 0.06% | 600,000 | $70K | Reduce -2.6% |