Pacific Ridge Capital Partners, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Pacific Ridge Capital Partners, LLC reported 139 stock positions worth $435.7 million. Its top holding was Barrett Business SVCS (BBSI) at 2.8% of the portfolio, followed by Northeast Bank (NBN, 2.7%) and Natural Gas Services (NGS, 2.6%). Compared with Q3 2024, it opened 9 new positions, sold out of 7, added to 44 and reduced 43. The biggest buy was a new position in Versabank (VBNK) and the biggest sale Gpgi (GPGI, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- LAKE OSWEGO, OR
- CIK
- 0001591546
- Portfolio Value
- $435.7M (Q4 2024)
- SEC Filing
- 0001591546-25-000001 ↗ filed Feb 12, 2025
Holdings Value
Holdings 139 stocks · $435.7M
| BBSI Barrett Business SVCS Inc. | 2.82% | 282,443 | $12.3M | Reduce -11.6% |
| NBN Northeast Bank | 2.75% | 130,418 | $12.0M | Reduce -19.2% |
| NGS Natural Gas Services Group | 2.62% | 426,644 | $11.4M | Reduce -5.6% |
| BBW Build-A-Bear Workshop Inc. | 2.61% | 247,038 | $11.4M | Reduce -24.3% |
| MCB Metropolitan Bank Holding Co. | 2.45% | 182,731 | $10.7M | Reduce -13.0% |
| HRTG Heritage Insurance Holdings | 2.26% | 813,557 | $9.8M | Add +33.7% |
| NWPX NWPX Infrastructure Inc. filed as NORTHWEST PIPE CO | 2.20% | 198,728 | $9.6M | Reduce -16.6% |
| FSBW FS Bancorp Inc. | 2.11% | 223,894 | $9.2M | Reduce -1.3% |
| MPAA Motorcar Parts of America Inc. | 1.95% | 1,115,849 | $8.5M | Add +17.1% |
| ALCO Alico Inc. | 1.85% | 310,977 | $8.1M | Add +39.2% |
| JAKK Jakks Pacific Inc. | 1.85% | 285,778 | $8.0M | Add +23.8% |
| STRT Strattec Security Corp. | 1.80% | 190,077 | $7.8M | Reduce -0.6% |
| LAKE Lakeland Industries Inc. | 1.68% | 286,970 | $7.3M | Reduce -1.2% |
| UNTY Unity Bancorp Inc. | 1.68% | 168,047 | $7.3M | Reduce -12.1% |
| FBIZ First Business Financial Ser | 1.68% | 157,761 | $7.3M | Add +3.9% |
| ASUR Asure Software Inc. | 1.67% | 773,572 | $7.3M | Add +12.6% |
| CBAN Colony Bankcorp | 1.58% | 426,787 | $6.9M | Reduce -1.3% |
| BWMN Bowman Consulting Group Ltd. | 1.57% | 274,711 | $6.9M | Add +7.4% |
| USCB Uscb Financial Holdings Inc. | 1.56% | 383,097 | $6.8M | Reduce -1.3% |
| CBNK Capital Bancorp Inc. | 1.55% | 237,247 | $6.8M | Reduce -1.1% |
| HBNC Horizon Bancorp Inc. | 1.55% | 419,059 | $6.8M | Reduce -0.8% |
| SNBRQ Sleep Number Corp. | 1.55% | 442,412 | $6.7M | Add +11.1% |
| PKBK Parke Bancorp Inc. | 1.55% | 328,416 | $6.7M | Reduce -1.2% |
| KE Kimball Electronics Inc. | 1.54% | 357,300 | $6.7M | Add +14.3% |
| TWIN Twin Disc Inc. | 1.52% | 565,277 | $6.6M | Add +16.1% |
| RRGB Red Robin Gourmet Burgers | 1.35% | 1,069,632 | $5.9M | Add +8.7% |
| DHX Dhi Group Inc. | 1.32% | 3,237,947 | $5.7M | Add +9.5% |
| HBB Hamilton Beach Brand-A | 1.30% | 337,060 | $5.7M | Reduce -1.3% |
| VBNK Versabank | 1.28% | 403,463 | $5.6M | New |
| FSBC Five Star Bancorp | 1.27% | 183,608 | $5.5M | Reduce -32.1% |
| XRN Global Medical REIT Inc. | 1.26% | 712,101 | $5.5M | Add +31.9% |
| BWFG Bankwell Financial Group Inc. | 1.25% | 174,584 | $5.4M | Add +30.2% |
| LINC Lincoln Educational Services | 1.24% | 340,159 | $5.4M | Reduce -1.2% |
| MLR Miller Industries Inc. | 1.23% | 81,797 | $5.3M | Reduce -16.4% |
| ESQ Esquire Financial Holdings I | 1.21% | 66,405 | $5.3M | Reduce -27.7% |
| INTT Intest Corp. | 1.15% | 582,483 | $5.0M | Add +6.6% |
| PINE Alpine Income Property Trust | 1.15% | 297,221 | $5.0M | Add +6.6% |
| MNTX Manitex International Inc. | 1.12% | 843,302 | $4.9M | Reduce -1.3% |
| CPS Cooper-Standard Holding | 1.06% | 339,768 | $4.6M | Add +11.0% |
| WTBA West Bancorporation | 1.04% | 209,319 | $4.5M | Reduce -1.1% |
| PMTS Cpi Card Group Inc. | 1.01% | 147,238 | $4.4M | New |
| ACTG Acacia Research Corp. | 1.00% | 1,004,495 | $4.4M | Add +7.8% |
| SAMG Silvercrest Asset Manageme-A | 0.98% | 231,303 | $4.3M | Reduce -1.3% |
| AXTI Axt Inc. | 0.96% | 1,937,424 | $4.2M | Add +65.4% |
| BOOM DMC Global Inc. | 0.95% | 563,443 | $4.1M | Add +9.8% |
| RMNI Rimini Street Inc. | 0.95% | 1,545,671 | $4.1M | Add +33.8% |
| RVSB Riverview Bancorp Inc. | 0.86% | 651,442 | $3.7M | Add +2.4% |
| HURC Hurco Companies Inc. | 0.84% | 188,958 | $3.6M | Add +38.6% |
| ASYS Amtech Systems Inc. | 0.82% | 652,393 | $3.6M | Reduce -1.3% |
| UEIC Universal Electronics Inc. | 0.80% | 318,365 | $3.5M | Reduce -0.1% |
| HBCP Home Bancorp Inc. | 0.77% | 72,962 | $3.4M | Add +72.6% |
| LCUT Lifetime Brands Inc. | 0.75% | 554,805 | $3.3M | Add +3.3% |
| ORRF Orrstown Finl Services Inc. | 0.75% | 89,310 | $3.3M | Reduce -46.7% |
| CIVB Civista Bancshares Inc. | 0.73% | 150,471 | $3.2M | Reduce -34.3% |
| DXLG Destination XL Group Inc. | 0.70% | 1,127,770 | $3.0M | Reduce -12.7% |
| UTI Universal Technical Institut | 0.68% | 115,238 | $3.0M | Reduce -44.6% |
| MG Mistras Group Inc. | 0.65% | 314,417 | $2.8M | Reduce -1.1% |
| FORR Forrester Research Inc. | 0.65% | 181,158 | $2.8M | Add +39.9% |
| RCMT RCM Technologies Inc. | 0.61% | 120,386 | $2.7M | New |
| BMTX BM Technologies Inc. | 0.57% | 503,711 | $2.5M | Reduce -11.3% |
| GNSS Genasys Inc. | 0.54% | 909,007 | $2.4M | Reduce -1.3% |
| IWN iShares Russell 2000 Value E | 0.53% | 14,129 | $2.3M | New |
| APEI American Public Education | 0.52% | 106,008 | $2.3M | New |
| PAMT Pamt Corp. | 0.52% | 139,006 | $2.3M | Add +28.1% |
| TLYS Tilly's Inc. Class A SHRS | 0.51% | 524,726 | $2.2M | Reduce -2.1% |
| BGSF BGSF Inc. | 0.51% | 424,424 | $2.2M | Add +33.2% |
| CMT Core Molding Technologies Inc. | 0.46% | 120,031 | $2.0M | New |
| OPITQ Office Properties Income Tru | 0.43% | 1,866,238 | $1.9M | Add +50.5% |
| CMTL Comtech Telecommunications | 0.42% | 459,630 | $1.8M | Reduce -11.7% |
| CCB Coastal Financial Corp. | 0.41% | 20,911 | $1.8M | Add +54.3% |
| SNYRQ Synergy CHC Corp. | 0.40% | 392,666 | $1.7M | New |
| OSS One Stop Systems Inc. | 0.37% | 483,499 | $1.6M | Reduce -0.8% |
| NNBR NN Inc. | 0.35% | 465,596 | $1.5M | Reduce -1.1% |
| STGW Stagwell Inc. | 0.33% | 220,096 | $1.4M | No change |
| FMNB Farmers Natl Banc Corp. | 0.33% | 99,947 | $1.4M | Reduce -59.5% |
| PRDO Perdoceo Education Corp. | 0.29% | 47,875 | $1.3M | No change |
| CUBI Customers Bancorp Inc. | 0.29% | 25,880 | $1.3M | Add +12.1% |
| SHIM Shimmick Corp. | 0.29% | 486,160 | $1.3M | Add +41.2% |
| PLAB Photronics Inc. | 0.29% | 53,419 | $1.3M | Add +30.3% |
| HSII Heidrick & Struggles Intl | 0.28% | 27,762 | $1.2M | Add +6.1% |
| CASH Pathward Financial Inc. | 0.28% | 16,317 | $1.2M | No change |
| BANC Banc of California Inc. | 0.27% | 77,313 | $1.2M | No change |
| BFST Business First Bancshares | 0.27% | 46,329 | $1.2M | No change |
| CHEF The Chefs' Warehouse Inc. | 0.27% | 23,654 | $1.2M | Reduce -26.0% |
| HBI Hanesbrands Inc. | 0.26% | 137,876 | $1.1M | No change |
| THFF First Financial Corp. | 0.25% | 24,007 | $1.1M | No change |
| HCSG Healthcare Services Group | 0.25% | 95,235 | $1.1M | No change |
| CNOB Connectone Bancorp Inc. | 0.25% | 47,553 | $1.1M | No change |
| QCRH QCR Holdings Inc. | 0.25% | 13,383 | $1.1M | No change |
| HFWA Heritage Financial Corp. | 0.24% | 42,306 | $1.0M | No change |
| WNC Wabash National Corp. | 0.23% | 58,710 | $1.0M | Add +9.4% |
| KOP Koppers Holdings Inc. | 0.23% | 30,850 | $1000K | Add +41.3% |
| COHU Cohu Inc. | 0.23% | 37,217 | $994K | No change |
| RBBN Ribbon Communications Inc. | 0.23% | 237,325 | $987K | No change |
| ACCO Acco Brands Corp. | 0.22% | 185,461 | $974K | No change |
| DBI Designer Brands Inc. Class A | 0.22% | 176,510 | $943K | Add +24.3% |
| BWB Bridgewater Bancshares Inc. | 0.22% | 69,482 | $939K | Reduce -14.3% |
| DXPE DXP Enterprises Inc. | 0.21% | 11,293 | $933K | No change |
| GPGI Gpgi Inc. filed as COMPOSECURE INC | 0.20% | 55,575 | $852K | Reduce -87.3% |
| BHE Benchmark Electronics Inc. | 0.19% | 18,580 | $844K | Reduce -16.9% |
Portfolio Sells Q3 2024 → Q4 2024
| GPGI Gpgi Inc. | Reduce -87.3% | 0.20% | −1.26 |
| HBB Hamilton Beach Brand-A | Reduce -1.3% | 1.30% | −1.16 |
| ARC Arc Document Solutions Inc. | Sold out | 0.00% | −0.95 |
| PFIE Profire Energy Inc. | Sold out | 0.00% | −0.70 |
| ORRF Orrstown Finl Services Inc. | Reduce -46.7% | 0.75% | −0.68 |
| FSBC Five Star Bancorp | Reduce -32.1% | 1.27% | −0.64 |
| EBMT Eagle Bancorp Montana Inc. | Sold out | 0.00% | −0.62 |
| FNWB First Northwest Bancorp | Sold out | 0.00% | −0.56 |
| FMNB Farmers Natl Banc Corp. | Reduce -59.5% | 0.33% | −0.56 |
| NWPX NWPX Infrastructure Inc. | Reduce -16.6% | 2.20% | −0.35 |
| FSBW FS Bancorp Inc. | Reduce -1.3% | 2.11% | −0.28 |
| CIVB Civista Bancshares Inc. | Reduce -34.3% | 0.73% | −0.24 |
| GNSS Genasys Inc. | Reduce -1.3% | 0.54% | −0.23 |
| ESQ Esquire Financial Holdings I | Reduce -27.7% | 1.21% | −0.21 |
| DXLG Destination XL Group Inc. | Reduce -12.7% | 0.70% | −0.20 |
| NBN Northeast Bank | Reduce -19.2% | 2.75% | −0.20 |
| MG Mistras Group Inc. | Reduce -1.1% | 0.65% | −0.20 |
| MLR Miller Industries Inc. | Reduce -16.4% | 1.23% | −0.19 |
| CMTL Comtech Telecommunications | Reduce -11.7% | 0.42% | −0.17 |
| MCB Metropolitan Bank Holding Co. | Reduce -13.0% | 2.45% | −0.17 |
| STRT Strattec Security Corp. | Reduce -0.6% | 1.80% | −0.14 |
| TLYS Tilly's Inc. Class A SHRS | Reduce -2.1% | 0.51% | −0.14 |
| Smart Global Holdings | Sold out | 0.00% | −0.13 |
| UTI Universal Technical Institut | Reduce -44.6% | 0.68% | −0.12 |
| PKBK Parke Bancorp Inc. | Reduce -1.2% | 1.55% | −0.10 |
| EAT Brinker International Inc. | Sold out | 0.00% | −0.10 |
| ASYS Amtech Systems Inc. | Reduce -1.3% | 0.82% | −0.09 |
| NNBR NN Inc. | Reduce -1.1% | 0.35% | −0.09 |
| WWW Wolverine World Wide Inc. | Sold out | 0.00% | −0.07 |
| BWB Bridgewater Bancshares Inc. | Reduce -14.3% | 0.22% | −0.06 |
| CHEF The Chefs' Warehouse Inc. | Reduce -26.0% | 0.27% | −0.05 |
| BBW Build-A-Bear Workshop Inc. | Reduce -24.3% | 2.61% | −0.05 |
| PATK Patrick Industries Inc. | Reduce -34.5% | 0.06% | −0.05 |
| BHE Benchmark Electronics Inc. | Reduce -16.9% | 0.19% | −0.04 |
| UVSP Univest Financial Corp. | Reduce -20.8% | 0.15% | −0.04 |
| BBSI Barrett Business SVCS Inc. | Reduce -11.6% | 2.82% | −0.02 |
| MNTX Manitex International Inc. | Reduce -1.3% | 1.12% | −0.02 |
| CBAN Colony Bankcorp | Reduce -1.3% | 1.58% | −0.01 |
| HBNC Horizon Bancorp Inc. | Reduce -0.8% | 1.55% | −0.01 |
| SAMG Silvercrest Asset Manageme-A | Reduce -1.3% | 0.98% | +0.02 |
| WTBA West Bancorporation | Reduce -1.1% | 1.04% | +0.09 |
| CBNK Capital Bancorp Inc. | Reduce -1.1% | 1.55% | +0.09 |
| OSS One Stop Systems Inc. | Reduce -0.8% | 0.37% | +0.10 |
| UEIC Universal Electronics Inc. | Reduce -0.1% | 0.80% | +0.11 |
| BMTX BM Technologies Inc. | Reduce -11.3% | 0.57% | +0.11 |
| UNTY Unity Bancorp Inc. | Reduce -12.1% | 1.68% | +0.14 |
| USCB Uscb Financial Holdings Inc. | Reduce -1.3% | 1.56% | +0.16 |
| LINC Lincoln Educational Services | Reduce -1.2% | 1.24% | +0.26 |
| LAKE Lakeland Industries Inc. | Reduce -1.2% | 1.68% | +0.30 |
| NGS Natural Gas Services Group | Reduce -5.6% | 2.62% | +0.58 |
Portfolio Buys Q3 2024 → Q4 2024
| VBNK Versabank | New | 1.28% | +1.28 |
| PMTS Cpi Card Group Inc. | New | 1.01% | +1.01 |
| RCMT RCM Technologies Inc. | New | 0.61% | +0.61 |
| IWN iShares Russell 2000 Value E | New | 0.53% | +0.53 |
| APEI American Public Education | New | 0.52% | +0.52 |
| HRTG Heritage Insurance Holdings | Add +33.7% | 2.26% | +0.49 |
| CMT Core Molding Technologies Inc. | New | 0.46% | +0.46 |
| JAKK Jakks Pacific Inc. | Add +23.8% | 1.85% | +0.45 |
| RMNI Rimini Street Inc. | Add +33.8% | 0.95% | +0.44 |
| SNYRQ Synergy CHC Corp. | New | 0.40% | +0.40 |
| ALCO Alico Inc. | Add +39.2% | 1.85% | +0.37 |
| HBCP Home Bancorp Inc. | Add +72.6% | 0.77% | +0.33 |
| RRGB Red Robin Gourmet Burgers | Add +8.7% | 1.35% | +0.32 |
| BWFG Bankwell Financial Group Inc. | Add +30.2% | 1.25% | +0.30 |
| AXTI Axt Inc. | Add +65.4% | 0.96% | +0.29 |
| MPAA Motorcar Parts of America Inc. | Add +17.1% | 1.95% | +0.28 |
| CCB Coastal Financial Corp. | Add +54.3% | 0.41% | +0.23 |
| INTT Intest Corp. | Add +6.6% | 1.15% | +0.20 |
| ASUR Asure Software Inc. | Add +12.6% | 1.67% | +0.20 |
| PENG Penguin Solutions Inc. | New | 0.17% | +0.17 |
| KE Kimball Electronics Inc. | Add +14.3% | 1.54% | +0.17 |
| HURC Hurco Companies Inc. | Add +38.6% | 0.84% | +0.16 |
| GCT Gigacloud Technology Inc. Class A | New | 0.15% | +0.15 |
| RVSB Riverview Bancorp Inc. | Add +2.4% | 0.86% | +0.15 |
| BWMN Bowman Consulting Group Ltd. | Add +7.4% | 1.57% | +0.11 |
| SMSI Smith Micro Software Inc. | Add +122.2% | 0.16% | +0.10 |
| FORR Forrester Research Inc. | Add +39.9% | 0.65% | +0.10 |
| SHIM Shimmick Corp. | Add +41.2% | 0.29% | +0.09 |
| TWIN Twin Disc Inc. | Add +16.1% | 1.52% | +0.08 |
| HELE Helen of Troy Ltd. | Add +87.5% | 0.14% | +0.06 |
| CPS Cooper-Standard Holding | Add +11.0% | 1.06% | +0.05 |
| PLAB Photronics Inc. | Add +30.3% | 0.29% | +0.05 |
| PAMT Pamt Corp. | Add +28.1% | 0.52% | +0.05 |
| BCAL California Bancorp | Add +20.8% | 0.18% | +0.04 |
| HSII Heidrick & Struggles Intl | Add +6.1% | 0.28% | +0.04 |
| KOP Koppers Holdings Inc. | Add +41.3% | 0.23% | +0.04 |
| FBIZ First Business Financial Ser | Add +3.9% | 1.68% | +0.04 |
| CUBI Customers Bancorp Inc. | Add +12.1% | 0.29% | +0.04 |
| PLOW Douglas Dynamics Inc. | Add +46.5% | 0.17% | +0.03 |
| DHX Dhi Group Inc. | Add +9.5% | 1.32% | +0.03 |
| SHYF The Shyft Group Inc. | Add +37.4% | 0.13% | +0.02 |
| BLMN Bloomin' Brands Inc. | Add +50.3% | 0.13% | +0.01 |
| XRN Global Medical REIT Inc. | Add +31.9% | 1.26% | −0.01 |
| WNC Wabash National Corp. | Add +9.4% | 0.23% | −0.01 |
| ACTG Acacia Research Corp. | Add +7.8% | 1.00% | −0.03 |
| DBI Designer Brands Inc. Class A | Add +24.3% | 0.22% | −0.03 |
| KELYA Kelly Services Inc. Class A | Add +18.9% | 0.16% | −0.05 |
| PINE Alpine Income Property Trust | Add +6.6% | 1.15% | −0.06 |
| LCUT Lifetime Brands Inc. | Add +3.3% | 0.75% | −0.08 |
| BGSF BGSF Inc. | Add +33.2% | 0.51% | −0.13 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 134 | $551.0M | NBN, RRGB, VBNK, NGS, HRTG |
| Q1 2026 | 137 | $461.8M | NBN, ALCO, NGS, MCB, HRTG |
| Q4 2025 | 138 | $455.6M | NBN, NGS, HRTG, ALCO, BBW |
| Q3 2025 | 135 | $455.0M | NBN, HRTG, MPAA, NWPX, NGS |
| Q2 2025 | 133 | $418.3M | BBW, MCB, NBN, NGS, MPAA |
| Q1 2025 | 136 | $379.3M | NBN, HRTG, BBSI, MPAA, MCB |
| Q4 2024 | 139 | $435.7M | BBSI, NBN, NGS, BBW, MCB |
| Q3 2024 | 137 | $422.0M | NBN, BBSI, BBW, MCB, NWPX |
| Q2 2024 | 139 | $416.1M | BBSI, NBN, MCB, NWPX, NGS |
| Q1 2024 | 136 | $455.8M | BBSI, BBW, NGS, NBN, NWPX |