Pacific Ridge Capital Partners, LLC

Name: Pacific Ridge Capital Partners, LLC 13F holdings, Q1 2025
Creator: Pacific Ridge Capital Partners, LLC
Published: 2025-05-09

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Pacific Ridge Capital Partners, LLC reported 136 stock positions worth $379.3 million. Its top holding was Northeast Bank (NBN) at 3.0% of the portfolio, followed by Heritage Insurance (HRTG, 3.0%) and Barrett Business SVCS (BBSI, 2.9%). Compared with Q4 2024, it opened 6 new positions, sold out of 9, added to 33 and reduced 97. The biggest buy was a new position in Aviat Networks (AVNW) and the biggest sale an exit from Manitex International (MNTX).

Most Recent 13F: Q2 2026
Location: LAKE OSWEGO, OR
CIK: 0001591546
Portfolio Value: $379.3M (Q1 2025)
SEC Filing: 0001591546-25-000013 ↗ filed May 9, 2025

Holdings Value

Holdings 136 stocks · $379.3M


NBN Northeast Bank	3.01%	124,893	$11.4M	Reduce -4.2%
HRTG Heritage Insurance Holdings	2.95%	776,095	$11.2M	Reduce -4.6%
BBSI Barrett Business SVCS Inc.	2.93%	270,387	$11.1M	Reduce -4.3%
MPAA Motorcar Parts of America Inc.	2.67%	1,066,972	$10.1M	Reduce -4.4%
MCB Metropolitan Bank Holding Co.	2.58%	174,913	$9.8M	Reduce -4.3%
ALCO Alico Inc.	2.39%	304,058	$9.1M	Reduce -2.2%
NGS Natural Gas Services Group	2.35%	406,154	$8.9M	Reduce -4.8%
BBW Build-A-Bear Workshop Inc.	2.30%	235,169	$8.7M	Reduce -4.8%
FSBW FS Bancorp Inc.	2.22%	221,648	$8.4M	Reduce -1.0%
NWPX NWPX Infrastructure Inc. filed as NORTHWEST PIPE CO	2.16%	198,425	$8.2M	Reduce -0.1%
STRT Strattec Security Corp.	1.88%	180,946	$7.1M	Reduce -4.8%
FBIZ First Business Financial Ser	1.87%	150,123	$7.1M	Reduce -4.8%
ASUR Asure Software Inc.	1.86%	739,070	$7.1M	Reduce -4.5%
USCB Uscb Financial Holdings Inc.	1.78%	364,698	$6.8M	Reduce -4.8%
JAKK Jakks Pacific Inc.	1.77%	272,592	$6.7M	Reduce -4.6%
HBB Hamilton Beach Brand-A	1.74%	339,663	$6.6M	Add +0.8%
CBAN Colony Bankcorp	1.73%	406,295	$6.6M	Reduce -4.8%
UNTY Unity Bancorp Inc.	1.72%	159,967	$6.5M	Reduce -4.8%
CBNK Capital Bancorp Inc.	1.69%	225,818	$6.4M	Reduce -4.8%
VBNK Versabank	1.61%	590,623	$6.1M	Add +46.4%
LAKE Lakeland Industries Inc.	1.60%	297,962	$6.1M	Add +3.8%
XRN Global Medical REIT Inc.	1.59%	689,339	$6.0M	Reduce -3.2%
HBNC Horizon Bancorp Inc.	1.59%	398,880	$6.0M	Reduce -4.8%
PKBK Parke Bancorp Inc.	1.55%	312,612	$5.9M	Reduce -4.8%
BWMN Bowman Consulting Group Ltd.	1.51%	261,628	$5.7M	Reduce -4.8%
KE Kimball Electronics Inc.	1.49%	343,449	$5.6M	Reduce -3.9%
RMNI Rimini Street Inc.	1.47%	1,599,149	$5.6M	Add +3.5%
BWFG Bankwell Financial Group Inc.	1.43%	179,127	$5.4M	Add +2.6%
LINC Lincoln Educational Services	1.35%	323,793	$5.1M	Reduce -4.8%
BOOM DMC Global Inc.	1.34%	603,075	$5.1M	Add +7.0%
CPS Cooper-Standard Holding	1.31%	325,256	$5.0M	Reduce -4.3%
FSBC Five Star Bancorp	1.29%	175,771	$4.9M	Reduce -4.3%
PINE Alpine Income Property Trust	1.25%	283,680	$4.7M	Reduce -4.6%
DHX Dhi Group Inc.	1.14%	3,111,143	$4.3M	Reduce -3.9%
RVSB Riverview Bancorp Inc.	1.14%	761,908	$4.3M	Add +17.0%
TWIN Twin Disc Inc.	1.13%	565,547	$4.3M	Add +0.1%
MLR Miller Industries Inc.	1.11%	98,994	$4.2M	Add +21.0%
PMTS Cpi Card Group Inc.	1.08%	140,285	$4.1M	Reduce -4.7%
RRGB Red Robin Gourmet Burgers	1.08%	1,148,813	$4.1M	Add +7.4%
ESQ Esquire Financial Holdings I	1.06%	53,151	$4.0M	Reduce -20.0%
WTBA West Bancorporation	1.05%	200,505	$4.0M	Reduce -4.2%
SNBRQ Sleep Number Corp.	1.05%	628,667	$4.0M	Add +42.1%
INTT Intest Corp.	1.03%	559,335	$3.9M	Reduce -4.0%
HBCP Home Bancorp Inc.	1.03%	86,784	$3.9M	Add +18.9%
SAMG Silvercrest Asset Manageme-A	0.95%	220,201	$3.6M	Reduce -4.8%
APEI American Public Education	0.87%	147,930	$3.3M	Add +39.5%
MG Mistras Group Inc.	0.84%	300,458	$3.2M	Reduce -4.4%
AVNW Aviat Networks Inc.	0.82%	162,756	$3.1M	New
ACTG Acacia Research Corp.	0.81%	959,401	$3.1M	Reduce -4.5%
ASYS Amtech Systems Inc.	0.79%	621,035	$3.0M	Reduce -4.8%
HURC Hurco Companies Inc.	0.75%	182,251	$2.8M	Reduce -3.5%
LCUT Lifetime Brands Inc.	0.69%	533,803	$2.6M	Reduce -3.8%
AXTI Axt Inc.	0.69%	1,862,016	$2.6M	Reduce -3.9%
ORRF Orrstown Finl Services Inc.	0.67%	84,981	$2.6M	Reduce -4.8%
RCMT RCM Technologies Inc.	0.65%	156,994	$2.4M	Add +30.4%
CMT Core Molding Technologies Inc.	0.62%	153,694	$2.3M	Add +28.1%
SUNS Sunrise Realty Trust Inc.	0.56%	193,486	$2.1M	New
FORR Forrester Research Inc.	0.52%	215,313	$2.0M	Add +18.9%
GNSS Genasys Inc.	0.52%	865,327	$2.0M	Reduce -4.8%
PAMT Pamt Corp.	0.50%	154,861	$1.9M	Add +11.4%
DXLG Destination XL Group Inc.	0.47%	1,217,985	$1.8M	Add +8.0%
UEIC Universal Electronics Inc.	0.45%	280,352	$1.7M	Reduce -11.9%
CCB Coastal Financial Corp.	0.45%	18,969	$1.7M	Reduce -9.3%
BGSF BGSF Inc.	0.40%	409,193	$1.5M	Reduce -3.6%
STGW Stagwell Inc.	0.35%	218,332	$1.3M	Reduce -0.8%
PRDO Perdoceo Education Corp.	0.35%	52,209	$1.3M	Add +9.1%
CUBI Customers Bancorp Inc.	0.34%	25,670	$1.3M	Reduce -0.8%
PLAB Photronics Inc.	0.32%	57,736	$1.2M	Add +8.1%
CASH Pathward Financial Inc.	0.31%	16,190	$1.2M	Reduce -0.8%
HSII Heidrick & Struggles Intl	0.31%	27,536	$1.2M	Reduce -0.8%
CNOB Connectone Bancorp Inc.	0.30%	47,195	$1.1M	Reduce -0.8%
TLYS Tilly's Inc. Class A SHRS	0.29%	505,862	$1.1M	Reduce -3.6%
BANC Banc of California Inc.	0.29%	76,700	$1.1M	Reduce -0.8%
OSS One Stop Systems Inc.	0.28%	461,138	$1.1M	Reduce -4.6%
HFWA Heritage Financial Corp.	0.27%	41,965	$1.0M	Reduce -0.8%
NNBR NN Inc.	0.26%	443,439	$1.0M	Reduce -4.8%
BFST Business First Bancshares	0.26%	40,375	$983K	Reduce -12.8%
BWB Bridgewater Bancshares Inc.	0.25%	68,883	$957K	Reduce -0.9%
HCSG Healthcare Services Group	0.25%	94,453	$952K	Reduce -0.8%
QCRH QCR Holdings Inc.	0.25%	13,286	$948K	Reduce -0.7%
RBBN Ribbon Communications Inc.	0.24%	235,329	$922K	Reduce -0.8%
DXPE DXP Enterprises Inc.	0.24%	11,207	$922K	Reduce -0.8%
HBI Hanesbrands Inc.	0.24%	156,836	$905K	Add +13.8%
ACCO Acco Brands Corp.	0.23%	212,523	$890K	Add +14.6%
SNYRQ Synergy CHC Corp.	0.23%	378,767	$890K	Reduce -3.5%
THFF First Financial Corp.	0.23%	17,970	$880K	Reduce -25.1%
CAL Caleres Inc.	0.23%	50,076	$863K	Add +148.2%
KOP Koppers Holdings Inc.	0.23%	30,600	$857K	Reduce -0.8%
SHIM Shimmick Corp.	0.22%	468,714	$844K	Reduce -3.6%
CMTL Comtech Telecommunications	0.21%	494,174	$791K	Add +7.5%
BCAL California Bancorp	0.21%	54,349	$779K	Add +16.3%
PENG Penguin Solutions Inc.	0.20%	42,935	$746K	Add +12.0%
PLOW Douglas Dynamics Inc.	0.19%	30,367	$705K	Reduce -0.8%
BHE Benchmark Electronics Inc.	0.18%	18,416	$700K	Reduce -0.9%
BDN Brandywine Realty Trust	0.17%	148,404	$662K	Reduce -0.8%
HCKT The Hackett Group Inc.	0.17%	22,297	$652K	Reduce -0.8%
WNC Wabash National Corp.	0.17%	58,231	$643K	Reduce -0.8%
DBI Designer Brands Inc. Class A	0.17%	174,969	$639K	Reduce -0.9%
KELYA Kelly Services Inc. Class A	0.17%	48,431	$638K	Reduce -0.9%
UVSP Univest Financial Corp.	0.16%	21,904	$621K	Reduce -0.9%
GPGI Gpgi Inc. filed as COMPOSECURE INC	0.16%	57,015	$620K	Add +2.6%
NTGR Netgear Inc.	0.16%	25,151	$615K	Reduce -0.8%
HELE Helen of Troy Ltd.	0.16%	11,483	$614K	Add +12.3%
PLUS Eplus Inc.	0.16%	9,925	$606K	Reduce -0.8%
GNL Global Net Lease Inc.	0.16%	74,666	$600K	Reduce -0.8%
CNXN PC Connection Inc.	0.15%	9,384	$586K	Reduce -0.8%
EPC Edgewell Personal Care Co.	0.15%	18,694	$583K	Reduce -0.8%
GCT Gigacloud Technology Inc. Class A	0.15%	41,053	$583K	Add +13.6%
EBF Ennis Inc.	0.15%	28,533	$573K	Reduce -0.8%
PRAA Pra Group Inc.	0.14%	26,579	$548K	Reduce -0.8%
DAKT Daktronics Inc.	0.14%	44,692	$544K	Reduce -0.8%
COHU Cohu Inc.	0.14%	36,906	$543K	Reduce -0.8%
SRTS Sensus Healthcare Inc.	0.14%	114,500	$542K	New
CHEF The Chefs' Warehouse Inc.	0.14%	9,839	$536K	Reduce -58.4%
CAKE The Cheesecake Factory Inc.	0.14%	10,677	$520K	Reduce -0.9%
GES Guess? Inc.	0.14%	46,521	$515K	New
HDSN Hudson Technologies Inc.	0.13%	78,872	$487K	Reduce -0.8%
ICHR Ichor Holdings Ltd.	0.12%	20,930	$473K	Reduce -0.8%
MTRX Matrix Service Co.	0.12%	35,635	$443K	Reduce -0.8%
UCTT Ultra Clean Holdings Inc.	0.11%	19,880	$426K	Reduce -0.8%
SMSI Smith Micro Software Inc.	0.11%	562,837	$413K	Add +8.0%
FLWS 1-800-Flowers.com Inc. Class A	0.10%	66,140	$390K	Reduce -0.8%
BLMN Bloomin' Brands Inc.	0.10%	52,967	$380K	Add +13.1%
SHYF The Shyft Group Inc.	0.10%	46,365	$375K	Reduce -0.8%
RMR RMR Group Inc./the - A	0.10%	21,896	$365K	Reduce -0.8%
ABX Abacus Global Management Inc.	0.09%	47,841	$358K	New
EPAC Enerpac Tool Group Corp.	0.09%	7,922	$355K	Reduce -0.7%
SMP Standard Motor Prods	0.09%	14,134	$352K	Add +28.9%
RGP Resources Connection Inc.	0.09%	49,970	$327K	Reduce -0.8%
CMCO Columbus McKinnon Corp.	0.09%	19,190	$325K	Reduce -0.8%
NVEE NV5 Global Inc.	0.08%	16,621	$320K	Reduce -0.8%
ZUMZ Zumiez Inc.	0.08%	21,217	$316K	Reduce -0.8%
CRI Carter's Inc.	0.08%	7,409	$303K	New
NPKI NPK International Inc.	0.07%	48,657	$283K	Reduce -0.8%
TBI Trueblue Inc.	0.07%	51,189	$272K	Add +40.4%
ULH Universal Logistics Holdings	0.07%	9,840	$258K	Reduce -0.8%

Portfolio Sells Q4 2024 → Q1 2025


MNTX Manitex International Inc.	Sold out	0.00%	−1.12
CIVB Civista Bancshares Inc.	Sold out	0.00%	−0.73
UTI Universal Technical Institut	Sold out	0.00%	−0.68
BMTX BM Technologies Inc.	Sold out	0.00%	−0.57
IWN iShares Russell 2000 Value E	Sold out	0.00%	−0.53
OPITQ Office Properties Income Tru	Sold out	0.00%	−0.43
UEIC Universal Electronics Inc.	Reduce -11.9%	0.45%	−0.35
FMNB Farmers Natl Banc Corp.	Sold out	0.00%	−0.33
BBW Build-A-Bear Workshop Inc.	Reduce -4.8%	2.30%	−0.31
AXTI Axt Inc.	Reduce -3.9%	0.69%	−0.27
NGS Natural Gas Services Group	Reduce -4.8%	2.35%	−0.27
TLYS Tilly's Inc. Class A SHRS	Reduce -3.6%	0.29%	−0.22
ACTG Acacia Research Corp.	Reduce -4.5%	0.81%	−0.19
DHX Dhi Group Inc.	Reduce -3.9%	1.14%	−0.18
SNYRQ Synergy CHC Corp.	Reduce -3.5%	0.23%	−0.16
ESQ Esquire Financial Holdings I	Reduce -20.0%	1.06%	−0.16
CHEF The Chefs' Warehouse Inc.	Reduce -58.4%	0.14%	−0.13
INTT Intest Corp.	Reduce -4.0%	1.03%	−0.12
BGSF BGSF Inc.	Reduce -3.6%	0.40%	−0.11
HURC Hurco Companies Inc.	Reduce -3.5%	0.75%	−0.09
OSS One Stop Systems Inc.	Reduce -4.6%	0.28%	−0.09
NNBR NN Inc.	Reduce -4.8%	0.26%	−0.09
COHU Cohu Inc.	Reduce -0.8%	0.14%	−0.08
CMCO Columbus McKinnon Corp.	Reduce -0.8%	0.09%	−0.08
ORRF Orrstown Finl Services Inc.	Reduce -4.8%	0.67%	−0.08
JAKK Jakks Pacific Inc.	Reduce -4.6%	1.77%	−0.07
BWMN Bowman Consulting Group Ltd.	Reduce -4.8%	1.51%	−0.07
SHIM Shimmick Corp.	Reduce -3.6%	0.22%	−0.07
WNC Wabash National Corp.	Reduce -0.8%	0.17%	−0.06
PATK Patrick Industries Inc.	Sold out	0.00%	−0.06
LCUT Lifetime Brands Inc.	Reduce -3.8%	0.69%	−0.06
UCTT Ultra Clean Holdings Inc.	Reduce -0.8%	0.11%	−0.05
DBI Designer Brands Inc. Class A	Reduce -0.9%	0.17%	−0.05
KE Kimball Electronics Inc.	Reduce -3.9%	1.49%	−0.05
NWPX NWPX Infrastructure Inc.	Reduce -0.1%	2.16%	−0.04
ULH Universal Logistics Holdings	Reduce -0.8%	0.07%	−0.04
ICHR Ichor Holdings Ltd.	Reduce -0.8%	0.12%	−0.03
DAKT Daktronics Inc.	Reduce -0.8%	0.14%	−0.03
SYSTEM1 INC	Sold out	0.00%	−0.03
SHYF The Shyft Group Inc.	Reduce -0.8%	0.10%	−0.03
SAMG Silvercrest Asset Manageme-A	Reduce -4.8%	0.95%	−0.03
ASYS Amtech Systems Inc.	Reduce -4.8%	0.79%	−0.03
GNSS Genasys Inc.	Reduce -4.8%	0.52%	−0.02
THFF First Financial Corp.	Reduce -25.1%	0.23%	−0.02
FLWS 1-800-Flowers.com Inc. Class A	Reduce -0.8%	0.10%	−0.02
BDN Brandywine Realty Trust	Reduce -0.8%	0.17%	−0.02
BFST Business First Bancshares	Reduce -12.8%	0.26%	−0.01
RGP Resources Connection Inc.	Reduce -0.8%	0.09%	−0.01
NPKI NPK International Inc.	Reduce -0.8%	0.07%	−0.01
ZUMZ Zumiez Inc.	Reduce -0.8%	0.08%	−0.01

Portfolio Buys Q4 2024 → Q1 2025


AVNW Aviat Networks Inc.	New	0.82%	+0.82
SUNS Sunrise Realty Trust Inc.	New	0.56%	+0.56
RMNI Rimini Street Inc.	Add +3.5%	1.47%	+0.52
HBB Hamilton Beach Brand-A	Add +0.8%	1.74%	+0.44
BOOM DMC Global Inc.	Add +7.0%	1.34%	+0.39
APEI American Public Education	Add +39.5%	0.87%	+0.35
VBNK Versabank	Add +46.4%	1.61%	+0.33
RVSB Riverview Bancorp Inc.	Add +17.0%	1.14%	+0.28
HBCP Home Bancorp Inc.	Add +18.9%	1.03%	+0.25
BWFG Bankwell Financial Group Inc.	Add +2.6%	1.43%	+0.18
CMT Core Molding Technologies Inc.	Add +28.1%	0.62%	+0.16
SRTS Sensus Healthcare Inc.	New	0.14%	+0.14
GES Guess? Inc.	New	0.14%	+0.14
CAL Caleres Inc.	Add +148.2%	0.23%	+0.12
ABX Abacus Global Management Inc.	New	0.09%	+0.09
CRI Carter's Inc.	New	0.08%	+0.08
PRDO Perdoceo Education Corp.	Add +9.1%	0.35%	+0.06
RCMT RCM Technologies Inc.	Add +30.4%	0.65%	+0.03
BCAL California Bancorp	Add +16.3%	0.21%	+0.03
PENG Penguin Solutions Inc.	Add +12.0%	0.20%	+0.03
PLAB Photronics Inc.	Add +8.1%	0.32%	+0.03
HELE Helen of Troy Ltd.	Add +12.3%	0.16%	+0.02
SMP Standard Motor Prods	Add +28.9%	0.09%	+0.01
ACCO Acco Brands Corp.	Add +14.6%	0.23%	+0.01
TBI Trueblue Inc.	Add +40.4%	0.07%	+0.00
GCT Gigacloud Technology Inc. Class A	Add +13.6%	0.15%	+0.00
HBI Hanesbrands Inc.	Add +13.8%	0.24%	−0.02
PAMT Pamt Corp.	Add +11.4%	0.50%	−0.03
BLMN Bloomin' Brands Inc.	Add +13.1%	0.10%	−0.03
GPGI Gpgi Inc.	Add +2.6%	0.16%	−0.03
SMSI Smith Micro Software Inc.	Add +8.0%	0.11%	−0.05
LAKE Lakeland Industries Inc.	Add +3.8%	1.60%	−0.09
MLR Miller Industries Inc.	Add +21.0%	1.11%	−0.12
FORR Forrester Research Inc.	Add +18.9%	0.52%	−0.13
CMTL Comtech Telecommunications	Add +7.5%	0.21%	−0.21
DXLG Destination XL Group Inc.	Add +8.0%	0.47%	−0.23
RRGB Red Robin Gourmet Burgers	Add +7.4%	1.08%	−0.27
TWIN Twin Disc Inc.	Add +0.1%	1.13%	−0.40
SNBRQ Sleep Number Corp.	Add +42.1%	1.05%	−0.50

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