Pacific Ridge Capital Partners, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 11, 2025), Pacific Ridge Capital Partners, LLC reported 133 stock positions worth $418.3 million. Its top holding was Build-A-Bear Workshop (BBW) at 2.6% of the portfolio, followed by Metropolitan Bank (MCB, 2.6%) and Northeast Bank (NBN, 2.6%). Compared with Q1 2025, it opened 3 new positions, sold out of 6, added to 44 and reduced 52. The biggest buy was Dhi (DHX, shares +5%) and the biggest sale Barrett Business SVCS (BBSI, shares −56%).

Most Recent 13F
Q2 2026
Location
LAKE OSWEGO, OR
CIK
0001591546
Portfolio Value
$418.3M (Q2 2025)
SEC Filing
0001591546-25-000014 ↗ filed Aug 11, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $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 $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 133 stocks · $418.3M

BBW Build-A-Bear Workshop Inc. 2.64% 213,935 $11.0M Reduce -9.0%
MCB Metropolitan Bank Holding Co. 2.63% 156,949 $11.0M Reduce -10.3%
NBN Northeast Bank 2.62% 123,302 $11.0M Reduce -1.3%
NGS Natural Gas Services Group 2.47% 400,243 $10.3M Reduce -1.5%
MPAA Motorcar Parts of America Inc. 2.42% 903,473 $10.1M Reduce -15.3%
ALCO Alico Inc. 2.34% 299,656 $9.8M Reduce -1.4%
DHX Dhi Group Inc. 2.32% 3,262,321 $9.7M Add +4.9%
STRT Strattec Security Corp. 2.20% 147,967 $9.2M Reduce -18.2%
HRTG Heritage Insurance Holdings 2.15% 360,683 $9.0M Reduce -53.5%
NWPX NWPX Infrastructure Inc. 2.09% 213,608 $8.8M Add +7.7%
FSBW FS Bancorp Inc. 2.06% 218,567 $8.6M Reduce -1.4%
RRGB Red Robin Gourmet Burgers 1.81% 1,305,589 $7.6M Add +13.7%
FBIZ First Business Financial Ser 1.79% 147,944 $7.5M Reduce -1.4%
UNTY Unity Bancorp Inc. 1.77% 157,593 $7.4M Reduce -1.5%
BWMN Bowman Consulting Group Ltd. 1.77% 257,848 $7.4M Reduce -1.4%
ASUR Asure Software Inc. 1.70% 729,528 $7.1M Reduce -1.3%
VBNK Versabank 1.68% 616,396 $7.0M Add +4.4%
JAKK Jakks Pacific Inc. 1.65% 332,815 $6.9M Add +22.1%
CBNK Capital Bancorp Inc. 1.64% 204,847 $6.9M Reduce -9.3%
CBAN Colony Bankcorp 1.58% 400,238 $6.6M Reduce -1.5%
LAKE Lakeland Industries Inc. 1.57% 481,568 $6.6M Add +61.6%
RMNI Rimini Street Inc. 1.56% 1,731,184 $6.5M Add +8.3%
KE Kimball Electronics Inc. 1.56% 338,578 $6.5M Reduce -1.4%
BWFG Bankwell Financial Group Inc. 1.52% 176,625 $6.4M Reduce -1.4%
PKBK Parke Bancorp Inc. 1.50% 307,868 $6.3M Reduce -1.5%
APEI American Public Education 1.49% 204,333 $6.2M Add +38.1%
HBNC Horizon Bancorp Inc. 1.44% 392,902 $6.0M Reduce -1.5%
HBB Hamilton Beach Brand-A 1.43% 334,891 $6.0M Reduce -1.4%
USCB Uscb Financial Holdings Inc. 1.42% 359,184 $5.9M Reduce -1.5%
FSBC Five Star Bancorp 1.40% 205,609 $5.9M Add +17.0%
AVNW Aviat Networks Inc. 1.33% 231,480 $5.6M Add +42.2%
LINC Lincoln Educational Services 1.29% 234,889 $5.4M Reduce -27.5%
PMTS Cpi Card Group Inc. 1.27% 223,561 $5.3M Add +59.4%
SNBRQ Sleep Number Corp. 1.26% 782,287 $5.3M Add +24.4%
CPS Cooper-Standard Holding 1.26% 245,470 $5.3M Reduce -24.5%
BBSI Barrett Business SVCS Inc. 1.20% 120,246 $5.0M Reduce -55.5%
ORRF Orrstown Finl Services Inc. 1.18% 155,002 $4.9M Add +82.4%
TWIN Twin Disc Inc. 1.18% 557,619 $4.9M Reduce -1.4%
BOOM DMC Global Inc. 1.15% 594,974 $4.8M Reduce -1.3%
XRN Global Medical REIT Inc. 1.13% 680,710 $4.7M Reduce -1.3%
HBCP Home Bancorp Inc. 1.06% 85,571 $4.4M Reduce -1.4%
RCMT RCM Technologies Inc. 1.06% 187,730 $4.4M Add +19.6%
MLR Miller Industries Inc. 1.04% 97,578 $4.3M Reduce -1.4%
PINE Alpine Income Property Trust 0.98% 279,528 $4.1M Reduce -1.5%
FORR Forrester Research Inc. 0.97% 411,434 $4.1M Add +91.1%
INTT Intest Corp. 0.96% 551,242 $4.0M Reduce -1.4%
AXTI Axt Inc. 0.92% 1,835,666 $3.8M Reduce -1.4%
AII American Integrity Insurance 0.86% 196,540 $3.6M New
ESQ Esquire Financial Holdings I 0.85% 37,501 $3.5M Reduce -29.4%
RVSB Riverview Bancorp Inc. 0.83% 633,454 $3.5M Reduce -16.9%
SAMG Silvercrest Asset Manageme-A 0.82% 216,964 $3.4M Reduce -1.5%
HURC Hurco Companies Inc. 0.81% 179,509 $3.4M Reduce -1.5%
ACTG Acacia Research Corp. 0.73% 858,313 $3.1M Reduce -10.5%
ASYS Amtech Systems Inc. 0.70% 661,367 $2.9M Add +6.5%
LCUT Lifetime Brands Inc. 0.64% 526,205 $2.7M Reduce -1.4%
BGSF BGSF Inc. 0.61% 403,209 $2.6M Reduce -1.5%
WTBA West Bancorporation 0.61% 129,808 $2.5M Reduce -35.3%
SUNS Sunrise Realty Trust Inc. 0.61% 239,166 $2.5M Add +23.6%
CMT Core Molding Technologies Inc. 0.60% 151,543 $2.5M Reduce -1.4%
UEIC Universal Electronics Inc. 0.58% 368,888 $2.4M Add +31.6%
MG Mistras Group Inc. 0.57% 296,617 $2.4M Reduce -1.3%
SRTS Sensus Healthcare Inc. 0.52% 454,761 $2.2M Add +297.2%
PAMT Pamt Corp. 0.47% 152,637 $2.0M Reduce -1.4%
GNSS Genasys Inc. 0.46% 1,106,635 $1.9M Add +27.9%
CCB Coastal Financial Corp. 0.41% 17,899 $1.7M Reduce -5.6%
OSS One Stop Systems Inc. 0.39% 454,872 $1.6M Reduce -1.4%
CUBI Customers Bancorp Inc. 0.36% 25,670 $1.5M No change
PRDO Perdoceo Education Corp. 0.34% 43,959 $1.4M Reduce -15.8%
HCSG Healthcare Services Group 0.34% 94,453 $1.4M No change
DXLG Destination XL Group Inc. 0.32% 1,200,278 $1.3M Reduce -1.4%
CASH Pathward Financial Inc. 0.31% 16,190 $1.3M No change
HSII Heidrick & Struggles Intl 0.30% 27,536 $1.3M No change
PLAB Photronics Inc. 0.30% 66,628 $1.3M Add +15.4%
CMTL Comtech Telecommunications 0.29% 486,723 $1.2M Reduce -1.5%
BANC Banc of California Inc. 0.28% 84,652 $1.2M Add +10.4%
STGW Stagwell Inc. 0.27% 250,894 $1.1M Add +14.9%
BFST Business First Bancshares 0.27% 45,264 $1.1M Add +12.1%
KOP Koppers Holdings Inc. 0.26% 34,398 $1.1M Add +12.4%
BWB Bridgewater Bancshares Inc. 0.26% 68,883 $1.1M No change
CNOB Connectone Bancorp Inc. 0.26% 47,195 $1.1M No change
HFWA Heritage Financial Corp. 0.24% 41,965 $1.0M No change
DXPE DXP Enterprises Inc. 0.23% 11,207 $982K No change
THFF First Financial Corp. 0.23% 17,970 $974K No change
BCAL California Bancorp 0.23% 60,071 $947K Add +10.5%
RBBN Ribbon Communications Inc. 0.23% 235,329 $944K No change
PENG Penguin Solutions Inc. 0.23% 47,589 $943K Add +10.8%
NNBR NN Inc. 0.22% 436,720 $917K Reduce -1.5%
QCRH QCR Holdings Inc. 0.22% 13,286 $902K No change
PLOW Douglas Dynamics Inc. 0.21% 30,367 $895K No change
GPGI Gpgi Inc. filed as COMPOSECURE INC 0.21% 63,246 $891K Add +10.9%
KELYA Kelly Services Inc. Class A 0.21% 75,670 $886K Add +56.2%
WNC Wabash National Corp. 0.21% 81,564 $867K Add +40.1%
COHU Cohu Inc. 0.20% 43,941 $845K Add +19.1%
HDSN Hudson Technologies Inc. 0.20% 103,580 $841K Add +31.3%
GES Guess? Inc. 0.20% 68,025 $822K Add +46.2%
GCT Gigacloud Technology Inc. Class A 0.19% 41,053 $812K No change
SHIM Shimmick Corp. 0.19% 461,558 $789K Reduce -1.5%
UCTT Ultra Clean Holdings Inc. 0.19% 34,540 $780K Add +73.7%
ACCO Acco Brands Corp. 0.18% 212,523 $761K No change
BDN Brandywine Realty Trust 0.18% 175,307 $752K Add +18.1%

Show all 133 holdings

Portfolio Sells Q1 2025 → Q2 2025

BBSI Barrett Business SVCS Inc. Reduce -55.5% 1.20% −1.74
HRTG Heritage Insurance Holdings Reduce -53.5% 2.15% −0.80
XRN Global Medical REIT Inc. Reduce -1.3% 1.13% −0.46
WTBA West Bancorporation Reduce -35.3% 0.61% −0.44
NBN Northeast Bank Reduce -1.3% 2.62% −0.39
USCB Uscb Financial Holdings Inc. Reduce -1.5% 1.42% −0.36
HBB Hamilton Beach Brand-A Reduce -1.4% 1.43% −0.31
RVSB Riverview Bancorp Inc. Reduce -16.9% 0.83% −0.30
MG Mistras Group Inc. Reduce -1.3% 0.57% −0.27
PINE Alpine Income Property Trust Reduce -1.5% 0.98% −0.27
MPAA Motorcar Parts of America Inc. Reduce -15.3% 2.42% −0.25
SNYRQ Synergy CHC Corp. Sold out 0.00% −0.23
ESQ Esquire Financial Holdings I Reduce -29.4% 0.85% −0.21
BOOM DMC Global Inc. Reduce -1.3% 1.15% −0.19
UVSP Univest Financial Corp. Sold out 0.00% −0.16
FSBW FS Bancorp Inc. Reduce -1.4% 2.06% −0.16
NTGR Netgear Inc. Sold out 0.00% −0.16
ASUR Asure Software Inc. Reduce -1.3% 1.70% −0.16
CBAN Colony Bankcorp Reduce -1.5% 1.58% −0.15
DXLG Destination XL Group Inc. Reduce -1.4% 0.32% −0.15
CHEF The Chefs' Warehouse Inc. Sold out 0.00% −0.14
HBNC Horizon Bancorp Inc. Reduce -1.5% 1.44% −0.14
TLYS Tilly's Inc. Class A SHRS Reduce -1.4% 0.16% −0.13
SAMG Silvercrest Asset Manageme-A Reduce -1.5% 0.82% −0.13
RMR RMR Group Inc./the - A Sold out 0.00% −0.10
NVEE NV5 Global Inc. Sold out 0.00% −0.08
ACTG Acacia Research Corp. Reduce -10.5% 0.73% −0.07
FBIZ First Business Financial Ser Reduce -1.4% 1.79% −0.07
INTT Intest Corp. Reduce -1.4% 0.96% −0.07
MLR Miller Industries Inc. Reduce -1.4% 1.04% −0.07
LINC Lincoln Educational Services Reduce -27.5% 1.29% −0.06
PKBK Parke Bancorp Inc. Reduce -1.5% 1.50% −0.05
LCUT Lifetime Brands Inc. Reduce -1.4% 0.64% −0.05
CPS Cooper-Standard Holding Reduce -24.5% 1.26% −0.05
ALCO Alico Inc. Reduce -1.4% 2.34% −0.05
NNBR NN Inc. Reduce -1.5% 0.22% −0.04
CBNK Capital Bancorp Inc. Reduce -9.3% 1.64% −0.04
CCB Coastal Financial Corp. Reduce -5.6% 0.41% −0.04
SHIM Shimmick Corp. Reduce -1.5% 0.19% −0.03
PAMT Pamt Corp. Reduce -1.4% 0.47% −0.03
CMT Core Molding Technologies Inc. Reduce -1.4% 0.60% −0.01
PRDO Perdoceo Education Corp. Reduce -15.8% 0.34% −0.00
SMSI Smith Micro Software Inc. Reduce -1.5% 0.11% +0.01
HBCP Home Bancorp Inc. Reduce -1.4% 1.06% +0.03
MCB Metropolitan Bank Holding Co. Reduce -10.3% 2.63% +0.04
TWIN Twin Disc Inc. Reduce -1.4% 1.18% +0.05
UNTY Unity Bancorp Inc. Reduce -1.5% 1.77% +0.06
HURC Hurco Companies Inc. Reduce -1.5% 0.81% +0.07
KE Kimball Electronics Inc. Reduce -1.4% 1.56% +0.07
CMTL Comtech Telecommunications Reduce -1.5% 0.29% +0.08

Portfolio Buys Q1 2025 → Q2 2025

DHX Dhi Group Inc. Add +4.9% 2.32% +1.18
AII American Integrity Insurance New 0.86% +0.86
RRGB Red Robin Gourmet Burgers Add +13.7% 1.81% +0.73
APEI American Public Education Add +38.1% 1.49% +0.62
AVNW Aviat Networks Inc. Add +42.2% 1.33% +0.51
ORRF Orrstown Finl Services Inc. Add +82.4% 1.18% +0.51
FORR Forrester Research Inc. Add +91.1% 0.97% +0.45
RCMT RCM Technologies Inc. Add +19.6% 1.06% +0.41
SRTS Sensus Healthcare Inc. Add +297.2% 0.52% +0.37
SNBRQ Sleep Number Corp. Add +24.4% 1.26% +0.21
PMTS Cpi Card Group Inc. Add +59.4% 1.27% +0.19
UEIC Universal Electronics Inc. Add +31.6% 0.58% +0.13
GBFH Gbank Financial Holdings Inc. New 0.13% +0.13
FSBC Five Star Bancorp Add +17.0% 1.40% +0.11
RMNI Rimini Street Inc. Add +8.3% 1.56% +0.09
NCMI National Cinemedia Inc. New 0.09% +0.09
CRI Carter's Inc. Add +204.5% 0.16% +0.08
UCTT Ultra Clean Holdings Inc. Add +73.7% 0.19% +0.07
HDSN Hudson Technologies Inc. Add +31.3% 0.20% +0.07
VBNK Versabank Add +4.4% 1.68% +0.07
GES Guess? Inc. Add +46.2% 0.20% +0.06
COHU Cohu Inc. Add +19.1% 0.20% +0.06
ABX Abacus Global Management Inc. Add +151.0% 0.15% +0.05
GPGI Gpgi Inc. Add +10.9% 0.21% +0.05
KELYA Kelly Services Inc. Class A Add +56.2% 0.21% +0.04
SUNS Sunrise Realty Trust Inc. Add +23.6% 0.61% +0.04
TBI Trueblue Inc. Add +39.1% 0.11% +0.04
KOP Koppers Holdings Inc. Add +12.4% 0.26% +0.04
WNC Wabash National Corp. Add +40.1% 0.21% +0.04
BLMN Bloomin' Brands Inc. Add +20.5% 0.13% +0.03
PENG Penguin Solutions Inc. Add +10.8% 0.23% +0.03
ULH Universal Logistics Holdings Add +57.3% 0.09% +0.03
BCAL California Bancorp Add +10.5% 0.23% +0.02
BFST Business First Bancshares Add +12.1% 0.27% +0.01
BDN Brandywine Realty Trust Add +18.1% 0.18% +0.01
HELE Helen of Troy Ltd. Add +114.3% 0.17% +0.01
BANC Banc of California Inc. Add +10.4% 0.28% −0.00
HCKT The Hackett Group Inc. Add +22.7% 0.17% −0.01
PLAB Photronics Inc. Add +15.4% 0.30% −0.02
LAKE Lakeland Industries Inc. Add +61.6% 1.57% −0.03
GNSS Genasys Inc. Add +27.9% 0.46% −0.06
CAL Caleres Inc. Add +11.7% 0.16% −0.06
NWPX NWPX Infrastructure Inc. Add +7.7% 2.09% −0.07
HBI Hanesbrands Inc. Add +0.1% 0.17% −0.07
STGW Stagwell Inc. Add +14.9% 0.27% −0.08
ASYS Amtech Systems Inc. Add +6.5% 0.70% −0.09
JAKK Jakks Pacific Inc. Add +22.1% 1.65% −0.12

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