Pacific Ridge Capital Partners, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Pacific Ridge Capital Partners, LLC reported 136 stock positions worth $455.8 million. Its top holding was Barrett Business SVCS (BBSI) at 2.9% of the portfolio, followed by Build-A-Bear Workshop (BBW, 2.8%) and Natural Gas Services (NGS, 2.5%). Compared with Q4 2023, it opened 3 new positions, sold out of 4, added to 19 and reduced 114. The biggest buy was a new position in Office Properties Income Tru (OPITQ) and the biggest sale an exit from iShares Russell 2000 Value E (IWN).

Most Recent 13F
Q2 2026
Location
LAKE OSWEGO, OR
CIK
0001591546
Portfolio Value
$455.8M (Q1 2024)
SEC Filing
0001591546-24-000008 ↗ filed May 9, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $455.8M $455.8M Q1 2024 Q2 2024: $416.1M Q2 2024 Q3 2024: $422.0M Q3 2024 Q4 2024: $435.7M Q4 2024 Q1 2025: $379.3M Q1 2025 Q2 2025: $418.3M Q2 2025 Q3 2025: $455.0M Q3 2025 Q4 2025: $455.6M Q4 2025 Q1 2026: $461.8M Q1 2026 Q2 2026: $551.0M Q2 2026

Holdings 136 stocks · $455.8M

BBSI Barrett Business SVCS Inc. 2.93% 105,270 $13.3M Reduce -13.7%
BBW Build-A-Bear Workshop Inc. 2.78% 423,628 $12.7M Reduce -5.0%
NGS Natural Gas Services Group 2.51% 589,681 $11.5M Reduce -4.9%
NBN Northeast Bank 2.42% 199,712 $11.1M Reduce -5.6%
NWPX NWPX Infrastructure Inc. filed as NORTHWEST PIPE CO 2.30% 302,419 $10.5M Reduce -4.6%
MCB Metropolitan Bank Holding Co. 2.25% 266,521 $10.3M Add +1.4%
BWMN Bowman Consulting Group Ltd. 2.19% 286,636 $10.0M Reduce -5.0%
LAKE Lakeland Industries Inc. 2.11% 525,615 $9.6M Reduce -4.1%
HBB Hamilton Beach Brand-A 2.04% 382,251 $9.3M Reduce -4.9%
TWIN Twin Disc Inc. 1.98% 545,145 $9.0M Reduce -4.9%
FSBW FS Bancorp Inc. 1.93% 254,070 $8.8M Reduce -5.0%
MLR Miller Industries Inc. 1.74% 158,457 $7.9M Reduce -5.0%
CRAI Cra International Inc. 1.70% 51,716 $7.7M Reduce -16.7%
KE Kimball Electronics Inc. 1.66% 349,910 $7.6M Reduce -5.0%
HRTG Heritage Insurance Holdings 1.61% 687,393 $7.3M Reduce -24.1%
FSBC Five Star Bancorp 1.53% 310,479 $7.0M Add +42.3%
MPAA Motorcar Parts of America Inc. 1.49% 842,557 $6.8M Add +3.3%
PKBK Parke Bancorp Inc. 1.40% 371,714 $6.4M Add +3.9%
FBIZ First Business Financial Ser 1.40% 169,903 $6.4M Add +1.7%
LCUT Lifetime Brands Inc. 1.38% 600,953 $6.3M Reduce -2.3%
MNTX Manitex International Inc. 1.38% 914,604 $6.3M Reduce -4.9%
UTI Universal Technical Institut 1.35% 385,201 $6.1M Reduce -20.9%
ORRF Orrstown Finl Services Inc. 1.34% 228,449 $6.1M Add +3.9%
BOOM DMC Global Inc. 1.33% 311,493 $6.1M Add +15.8%
ALCO Alico Inc. 1.30% 202,273 $5.9M Reduce -2.9%
UNTY Unity Bancorp Inc. 1.30% 214,000 $5.9M Reduce -4.9%
RRGB Red Robin Gourmet Burgers 1.29% 767,048 $5.9M Add +20.3%
CPS Cooper-Standard Holding 1.24% 341,844 $5.7M Reduce -7.8%
CIVB Civista Bancshares Inc. 1.24% 366,501 $5.6M Reduce -6.6%
ACTG Acacia Research Corp. 1.23% 1,049,727 $5.6M Reduce -6.7%
CBAN Colony Bankcorp 1.22% 484,256 $5.6M Reduce -3.3%
ASUR Asure Software Inc. 1.19% 698,893 $5.4M Reduce -6.2%
XRN Global Medical REIT Inc. 1.19% 619,783 $5.4M Reduce -7.0%
AXTI Axt Inc. 1.17% 1,160,582 $5.3M Reduce -2.3%
DXLG Destination XL Group Inc. 1.15% 1,452,329 $5.2M Reduce -3.5%
BGSF BGSF Inc. 1.11% 487,496 $5.1M Reduce -2.2%
INTT Intest Corp. 1.09% 374,282 $5.0M Add +5.1%
USCB Uscb Financial Holdings Inc. 1.09% 434,603 $5.0M Reduce -4.8%
LINC Lincoln Educational Services 1.08% 475,889 $4.9M Reduce -4.9%
ESQ Esquire Financial Holdings I 1.07% 102,947 $4.9M Reduce -5.0%
PINE Alpine Income Property Trust 1.05% 312,237 $4.8M Reduce -4.4%
HBNC Horizon Bancorp Inc. 1.04% 370,304 $4.8M Reduce -3.8%
STRT Strattec Security Corp. 1.03% 196,927 $4.7M Reduce -2.3%
FMNB Farmers Natl Banc Corp. 0.98% 333,972 $4.5M Reduce -4.9%
HURC Hurco Companies Inc. 0.96% 216,603 $4.4M Add +16.7%
WTBA West Bancorporation 0.95% 243,982 $4.4M Reduce -7.5%
RMNI Rimini Street Inc. 0.94% 1,320,644 $4.3M Reduce -4.6%
DHX Dhi Group Inc. 0.93% 1,653,745 $4.2M Add +26.3%
SAMG Silvercrest Asset Manageme-A 0.91% 262,456 $4.1M Reduce -4.9%
TLYS Tilly's Inc. Class A SHRS 0.90% 602,361 $4.1M Reduce -3.8%
ASYS Amtech Systems Inc. 0.88% 739,821 $4.0M Reduce -1.9%
FNWB First Northwest Bancorp 0.85% 246,729 $3.9M Reduce -4.9%
CBNK Capital Bancorp Inc. 0.83% 182,273 $3.8M Reduce -4.9%
UEIC Universal Electronics Inc. 0.80% 365,457 $3.7M Reduce -4.0%
ARC Arc Document Solutions Inc. 0.80% 1,311,990 $3.6M Reduce -4.8%
MG Mistras Group Inc. 0.76% 362,751 $3.5M Reduce -6.6%
RVSB Riverview Bancorp Inc. 0.74% 711,823 $3.4M Reduce -3.8%
BWFG Bankwell Financial Group Inc. 0.73% 128,266 $3.3M Reduce -5.0%
PFIE Profire Energy Inc. 0.67% 1,647,774 $3.0M Add +4.1%
JAKK Jakks Pacific Inc. 0.62% 113,771 $2.8M Reduce -4.9%
RITHM PPTY TR INC filed as GREAT AJAX CORP 0.58% 699,399 $2.7M Reduce -5.1%
NNBR NN Inc. 0.55% 527,645 $2.5M Reduce -4.2%
GNSS Genasys Inc. 0.54% 1,031,478 $2.4M Reduce -2.2%
EBMT Eagle Bancorp Montana Inc. 0.53% 186,852 $2.4M Reduce -3.2%
SHIM Shimmick Corp. 0.49% 384,899 $2.2M Reduce -1.5%
PAMT Pamt Corp. filed as P A M TRANSN SVCS INC 0.43% 121,400 $2.0M Reduce -4.5%
WNC Wabash National Corp. 0.42% 64,362 $1.9M Reduce -20.8%
OPITQ Office Properties Income Tru 0.42% 938,723 $1.9M New
CUBI Customers Bancorp Inc. 0.42% 35,935 $1.9M Reduce -20.8%
STGW Stagwell Inc. 0.40% 294,957 $1.8M Add +6.2%
OSS One Stop Systems Inc. 0.39% 545,995 $1.8M Reduce -2.8%
STRL Sterling Infrastructure Inc. 0.38% 15,544 $1.7M Reduce -39.4%
PRDO Perdoceo Education Corp. 0.37% 94,800 $1.7M Reduce -20.6%
UCTT Ultra Clean Holdings Inc. 0.36% 36,070 $1.7M Reduce -20.7%
CHEF The Chefs' Warehouse Inc. 0.35% 42,818 $1.6M Reduce -10.2%
FREE Whole Earth Brands Inc. 0.35% 331,968 $1.6M Reduce -66.4%
CMTL Comtech Telecommunications 0.35% 461,662 $1.6M Reduce -3.5%
BANC Banc of California Inc. 0.35% 103,547 $1.6M Add +5.7%
PLUS Eplus Inc. 0.34% 19,804 $1.6M Reduce -20.6%
PLAB Photronics Inc. 0.34% 54,867 $1.6M Reduce -20.8%
SP SP Plus Corp. 0.33% 29,184 $1.5M Reduce -20.7%
GPGI Gpgi Inc. filed as COMPOSECURE INC 0.31% 197,011 $1.4M New
COHU Cohu Inc. 0.28% 38,295 $1.3M Reduce -20.6%
KELYA Kelly Services Inc. Class A 0.27% 49,981 $1.3M Reduce -20.6%
CNOB Connectone Bancorp Inc. 0.27% 63,620 $1.2M Reduce -20.8%
ACCO Acco Brands Corp. 0.27% 219,660 $1.2M Reduce -12.3%
PATK Patrick Industries Inc. 0.27% 10,292 $1.2M Reduce -20.3%
BFST Business First Bancshares 0.27% 54,952 $1.2M Reduce -8.3%
ICHR Ichor Holdings Ltd. 0.27% 31,410 $1.2M Reduce -20.8%
BHE Benchmark Electronics Inc. 0.26% 39,377 $1.2M Reduce -20.6%
HSII Heidrick & Struggles Intl 0.26% 35,068 $1.2M Reduce -20.5%
KOP Koppers Holdings Inc. 0.25% 21,054 $1.2M Reduce -38.7%
DBI Designer Brands Inc. Class A 0.25% 103,075 $1.1M Reduce -20.8%
HCSG Healthcare Services Group 0.25% 90,194 $1.1M Reduce -20.7%
BWB Bridgewater Bancshares Inc. 0.24% 95,863 $1.1M Reduce -20.7%
CAL Caleres Inc. 0.24% 27,071 $1.1M Reduce -52.3%
CASH Pathward Financial Inc. 0.24% 21,848 $1.1M Reduce -20.6%
HFWA Heritage Financial Corp. 0.24% 56,722 $1.1M Reduce -6.4%
THFF First Financial Corp. 0.24% 28,362 $1.1M Reduce -20.6%
QCRH QCR Holdings Inc. 0.24% 17,890 $1.1M Reduce -20.9%
HBI Hanesbrands Inc. 0.23% 184,067 $1.1M Reduce -20.6%
BMTX BM Technologies Inc. 0.23% 634,986 $1.0M Reduce -1.7%
EPC Edgewell Personal Care Co. 0.21% 25,226 $975K Reduce -20.6%
FLWS 1-800-Flowers.com Inc. Class A 0.21% 89,298 $967K Reduce -20.6%
CMCO Columbus McKinnon Corp. 0.20% 20,476 $914K Reduce -20.6%
RGP Resources Connection Inc. 0.19% 67,479 $888K Reduce -20.6%
HDSN Hudson Technologies Inc. 0.19% 79,790 $878K Add +26.4%
HTBK Heritage Commerce Corp. 0.19% 99,301 $852K Add +3.2%
CNXN PC Connection Inc. 0.18% 12,660 $835K Reduce -20.8%
DXPE DXP Enterprises Inc. 0.18% 15,113 $812K Reduce -20.8%
EBF Ennis Inc. 0.17% 38,506 $790K Reduce -20.6%
GNL Global Net Lease Inc. 0.17% 100,907 $784K Reduce -7.4%
QMCO Quantum Corp. 0.17% 1,316,467 $783K Reduce -1.7%
UVSP Univest Financial Corp. 0.17% 37,363 $778K Reduce -20.6%
BDN Brandywine Realty Trust 0.17% 159,597 $766K Add +57.6%
WWW Wolverine World Wide Inc. 0.17% 67,482 $756K Add +29.1%
PRAA Pra Group Inc. 0.16% 28,383 $740K Reduce -20.6%
SMSI Smith Micro Software Inc. 0.16% 2,092,510 $720K New
RMR RMR Group Inc./the - A 0.16% 29,537 $709K Reduce -20.8%
MTRX Matrix Service Co. 0.14% 48,117 $627K Reduce -20.5%
DAKT Daktronics Inc. 0.13% 60,324 $601K Reduce -20.6%
EAT Brinker International Inc. 0.13% 11,886 $590K Reduce -20.4%
NVEE NV5 Global Inc. 0.12% 5,612 $550K Reduce -20.4%
NTGR Netgear Inc. 0.12% 33,966 $536K Reduce -20.5%
TBI Trueblue Inc. 0.11% 41,482 $519K Reduce -20.7%
PENG Penguin Solutions Inc. filed as SMART GLOBAL HLDGS INC 0.11% 19,467 $512K Reduce -20.8%
SMP Standard Motor Prods 0.11% 14,663 $492K Reduce -20.7%
ULH Universal Logistics Holdings 0.11% 13,280 $490K Reduce -20.8%
RBBN Ribbon Communications Inc. 0.10% 148,591 $475K Add +7.1%
NPKI NPK International Inc. filed as NEWPARK RES INC 0.10% 65,696 $474K Reduce -20.6%
ZUMZ Zumiez Inc. 0.10% 28,623 $435K Reduce -20.7%
BLMN Bloomin' Brands Inc. 0.10% 15,113 $433K Reduce -20.8%
EPAC Enerpac Tool Group Corp. 0.08% 10,664 $380K Reduce -21.0%
SHYF The Shyft Group Inc. 0.08% 29,877 $371K Reduce -20.5%
SYSTEM1 INC 0.08% 185,671 $364K Reduce -20.6%
CAKE The Cheesecake Factory Inc. 0.08% 9,952 $360K Reduce -20.9%

Portfolio Sells Q4 2023 → Q1 2024

IWN iShares Russell 2000 Value E Sold out 0.00% −0.57
CMTL Comtech Telecommunications Reduce -3.5% 0.35% −0.47
SMSI Smith Micro Software Inc. Sold out 0.00% −0.36
KE Kimball Electronics Inc. Reduce -5.0% 1.66% −0.35
FREE Whole Earth Brands Inc. Reduce -66.4% 0.35% −0.33
MNTX Manitex International Inc. Reduce -4.9% 1.38% −0.33
GCT Gigacloud Technology Inc. Class A Sold out 0.00% −0.31
XRN Global Medical REIT Inc. Reduce -7.0% 1.19% −0.31
ASUR Asure Software Inc. Reduce -6.2% 1.19% −0.25
JAKK Jakks Pacific Inc. Reduce -4.9% 0.62% −0.25
CIVB Civista Bancshares Inc. Reduce -6.6% 1.24% −0.23
CPS Cooper-Standard Holding Reduce -7.8% 1.24% −0.23
RVSB Riverview Bancorp Inc. Reduce -3.8% 0.74% −0.22
RITHM PPTY TR INC Reduce -5.1% 0.58% −0.21
DXLG Destination XL Group Inc. Reduce -3.5% 1.15% −0.20
WTBA West Bancorporation Reduce -7.5% 0.95% −0.18
CBAN Colony Bankcorp Reduce -3.3% 1.22% −0.13
ARC Arc Document Solutions Inc. Reduce -4.8% 0.80% −0.12
CUBI Customers Bancorp Inc. Reduce -20.8% 0.42% −0.11
CAL Caleres Inc. Reduce -52.3% 0.24% −0.11
CBNK Capital Bancorp Inc. Reduce -4.9% 0.83% −0.11
PAMT Pamt Corp. Reduce -4.5% 0.43% −0.10
KOP Koppers Holdings Inc. Reduce -38.7% 0.25% −0.10
CNOB Connectone Bancorp Inc. Reduce -20.8% 0.27% −0.10
PLAB Photronics Inc. Reduce -20.8% 0.34% −0.10
BWFG Bankwell Financial Group Inc. Reduce -5.0% 0.73% −0.10
EBMT Eagle Bancorp Montana Inc. Reduce -3.2% 0.53% −0.09
BWB Bridgewater Bancshares Inc. Reduce -20.7% 0.24% −0.09
STRL Sterling Infrastructure Inc. Reduce -39.4% 0.38% −0.08
CHS Chico's Fas Inc. Sold out 0.00% −0.08
HBNC Horizon Bancorp Inc. Reduce -3.8% 1.04% −0.08
PINE Alpine Income Property Trust Reduce -4.4% 1.05% −0.07
THFF First Financial Corp. Reduce -20.6% 0.24% −0.07
FSBW FS Bancorp Inc. Reduce -5.0% 1.93% −0.07
COHU Cohu Inc. Reduce -20.6% 0.28% −0.07
PLUS Eplus Inc. Reduce -20.6% 0.34% −0.06
PRDO Perdoceo Education Corp. Reduce -20.6% 0.37% −0.06
TLYS Tilly's Inc. Class A SHRS Reduce -3.8% 0.90% −0.06
RMR RMR Group Inc./the - A Reduce -20.8% 0.16% −0.06
UNTY Unity Bancorp Inc. Reduce -4.9% 1.30% −0.06
CASH Pathward Financial Inc. Reduce -20.6% 0.24% −0.05
ZUMZ Zumiez Inc. Reduce -20.7% 0.10% −0.05
FMNB Farmers Natl Banc Corp. Reduce -4.9% 0.98% −0.05
RGP Resources Connection Inc. Reduce -20.6% 0.19% −0.05
SP SP Plus Corp. Reduce -20.7% 0.33% −0.05
TBI Trueblue Inc. Reduce -20.7% 0.11% −0.05
USCB Uscb Financial Holdings Inc. Reduce -4.8% 1.09% −0.05
GNL Global Net Lease Inc. Reduce -7.4% 0.17% −0.05
EBF Ennis Inc. Reduce -20.6% 0.17% −0.04
SAMG Silvercrest Asset Manageme-A Reduce -4.9% 0.91% −0.04

Portfolio Buys Q4 2023 → Q1 2024

OPITQ Office Properties Income Tru New 0.42% +0.42
FSBC Five Star Bancorp Add +42.3% 1.53% +0.37
GPGI Gpgi Inc. New 0.31% +0.31
BOOM DMC Global Inc. Add +15.8% 1.33% +0.30
DHX Dhi Group Inc. Add +26.3% 0.93% +0.24
SMSI Smith Micro Software Inc. New 0.16% +0.16
HURC Hurco Companies Inc. Add +16.7% 0.96% +0.15
INTT Intest Corp. Add +5.1% 1.09% +0.10
PFIE Profire Energy Inc. Add +4.1% 0.67% +0.09
BANC Banc of California Inc. Add +5.7% 0.35% +0.08
WWW Wolverine World Wide Inc. Add +29.1% 0.17% +0.07
BDN Brandywine Realty Trust Add +57.6% 0.17% +0.06
FBIZ First Business Financial Ser Add +1.7% 1.40% +0.04
STGW Stagwell Inc. Add +6.2% 0.40% +0.03
ORRF Orrstown Finl Services Inc. Add +3.9% 1.34% +0.02
RBBN Ribbon Communications Inc. Add +7.1% 0.10% +0.02
HDSN Hudson Technologies Inc. Add +26.4% 0.19% +0.02
HTBK Heritage Commerce Corp. Add +3.2% 0.19% −0.01
MPAA Motorcar Parts of America Inc. Add +3.3% 1.49% −0.06
PKBK Parke Bancorp Inc. Add +3.9% 1.40% −0.07
RRGB Red Robin Gourmet Burgers Add +20.3% 1.29% −0.33
MCB Metropolitan Bank Holding Co. Add +1.4% 2.25% −0.70

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 134$551.0MNBN, RRGB, VBNK, NGS, HRTG
Q1 2026 137$461.8MNBN, ALCO, NGS, MCB, HRTG
Q4 2025 138$455.6MNBN, NGS, HRTG, ALCO, BBW
Q3 2025 135$455.0MNBN, HRTG, MPAA, NWPX, NGS
Q2 2025 133$418.3MBBW, MCB, NBN, NGS, MPAA
Q1 2025 136$379.3MNBN, HRTG, BBSI, MPAA, MCB
Q4 2024 139$435.7MBBSI, NBN, NGS, BBW, MCB
Q3 2024 137$422.0MNBN, BBSI, BBW, MCB, NWPX
Q2 2024 139$416.1MBBSI, NBN, MCB, NWPX, NGS
Q1 2024 136$455.8MBBSI, BBW, NGS, NBN, NWPX