Pacific Ridge Capital Partners, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 11, 2026), Pacific Ridge Capital Partners, LLC reported 137 stock positions worth $461.8 million. Its top holding was Northeast Bank (NBN) at 3.1% of the portfolio, followed by Alico (ALCO, 2.5%) and Natural Gas Services (NGS, 2.5%). Compared with Q4 2025, it opened 6 new positions, sold out of 7, added to 113 and reduced 18. The biggest buy was Dhi (DHX, shares +6%) and the biggest sale an exit from Lincoln Educational Services (LINC).

Most Recent 13F
Q2 2026
Location
LAKE OSWEGO, OR
CIK
0001591546
Portfolio Value
$461.8M (Q1 2026)
SEC Filing
0001591546-26-000007 ↗ filed May 11, 2026

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 Q2 2025 Q3 2025: $455.0M Q3 2025 Q4 2025: $455.6M Q4 2025 Q1 2026: $461.8M $461.8M Q1 2026 Q2 2026: $551.0M Q2 2026

Holdings 137 stocks · $461.8M
NBN Northeast Bank 3.10% 127,534 $14.3M Add +0.2%
ALCO Alico Inc. 2.55% 285,332 $11.8M Add +0.3%
NGS Natural Gas Services Group 2.50% 305,374 $11.5M Reduce -11.7%
MCB Metropolitan Bank Holding Co. 2.47% 136,780 $11.4M Add +4.1%
HRTG Heritage Insurance Holdings 2.31% 405,860 $10.7M Add +9.1%
DHX Dhi Group Inc. 2.21% 3,629,127 $10.2M Add +5.5%
APEI American Public Education 2.06% 167,651 $9.5M Add +0.2%
JAKK Jakks Pacific Inc. 1.88% 436,939 $8.7M Add +7.5%
AVNW Aviat Networks Inc. 1.88% 383,241 $8.7M Add +3.2%
NWPX NWPX Infrastructure Inc. 1.86% 110,144 $8.6M Reduce -26.6%
MPAA Motorcar Parts of America Inc. 1.85% 772,421 $8.5M Add +11.5%
VBNK Versabank 1.81% 590,013 $8.4M Add +0.8%
PKBK Parke Bancorp Inc. 1.80% 293,439 $8.3M Add +0.3%
UNTY Unity Bancorp Inc. 1.78% 158,849 $8.2M Add +6.1%
BWFG Bankwell Financial Group Inc. 1.76% 168,000 $8.2M Add +0.3%
BBW Build-A-Bear Workshop Inc. 1.75% 215,975 $8.1M Add +30.3%
FSBW FS Bancorp Inc. 1.74% 208,094 $8.0M Add +0.3%
TWIN Twin Disc Inc. 1.73% 530,566 $8.0M Add +0.5%
KE Kimball Electronics Inc. 1.65% 322,497 $7.6M Add +0.3%
LAKE Lakeland Industries Inc. 1.65% 928,981 $7.6M Add +20.3%
FBIZ First Business Financial Ser 1.65% 140,892 $7.6M Add +0.3%
AII American Integrity Insurance 1.63% 389,420 $7.5M Add +25.5%
HBNC Horizon Bancorp Inc. 1.54% 428,647 $7.1M Add +0.4%
BWMN Bowman Consulting Group Ltd. 1.51% 245,552 $7.0M Add +0.3%
CBNK Capital Bancorp Inc. 1.49% 231,286 $6.9M Add +19.0%
INTT Intest Corp. 1.48% 502,299 $6.9M Reduce -2.9%
PMTS Cpi Card Group Inc. 1.46% 466,035 $6.8M Add +5.3%
FSBC Five Star Bancorp 1.44% 176,751 $6.7M Reduce -9.6%
HBB Hamilton Beach Brand-A 1.41% 344,109 $6.5M Add +1.1%
CBAN Colony Bankcorp 1.39% 321,848 $6.4M Reduce -15.3%
USCB Uscb Financial Holdings Inc. 1.37% 342,320 $6.3M Add +0.3%
RMNI Rimini Street Inc. 1.36% 1,913,524 $6.3M Add +3.0%
MLR Miller Industries Inc. 1.35% 136,819 $6.2M Add +1.2%
ASUR Asure Software Inc. 1.31% 701,778 $6.0M Add +0.4%
CBK Commercial Bancgroup Inc. 1.27% 225,506 $5.9M Add +61.6%
RCMT RCM Technologies Inc. 1.18% 285,609 $5.5M Add +10.6%
ORRF Orrstown Finl Services Inc. 1.15% 147,434 $5.3M Add +0.3%
RRGB Red Robin Gourmet Burgers 1.14% 1,792,990 $5.3M Add +29.1%
KELYA Kelly Services Inc. Class A 1.05% 547,245 $4.8M Add +365.9%
SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC 1.04% 309,480 $4.8M Add +103.1%
PINE Alpine Income Property Trust 1.04% 266,320 $4.8M Add +0.8%
ASYS Amtech Systems Inc. 1.03% 405,371 $4.7M Reduce -35.4%
XRN Chiron Real Estate Inc. 0.94% 131,610 $4.4M Add +2.0%
MG Mistras Group Inc. 0.91% 285,274 $4.2M Add +0.5%
BOOM DMC Global Inc. 0.91% 804,618 $4.2M Add +25.1%
RVSB Riverview Bancorp Inc. 0.90% 755,355 $4.2M Add +4.4%
JILL J. Jill Inc. 0.89% 357,366 $4.1M Add +95.8%
FORR Forrester Research Inc. 0.87% 710,847 $4.0M Add +20.7%
ACTG Acacia Research Corp. 0.85% 817,242 $3.9M Add +0.8%
RPAY Repay Holdings Corp. 0.80% 1,413,377 $3.7M Add +29.8%
CPS Cooper-Standard Holding 0.79% 131,440 $3.7M Reduce -13.4%
CMT Core Molding Technologies Inc. 0.70% 144,296 $3.2M Reduce -0.5%
SNBRQ Sleep Number Corp. 0.69% 1,767,445 $3.2M Add +54.3%
SRTS Sensus Healthcare Inc. 0.69% 796,072 $3.2M Add +13.9%
SUNS Sunrise Realty Trust Inc. 0.67% 403,035 $3.1M Add +14.5%
HBCP Home Bancorp Inc. 0.65% 49,766 $3.0M Reduce -38.7%
MCS Marcus Corporation 0.62% 167,910 $2.9M Add +0.4%
LCUT Lifetime Brands Inc. 0.62% 495,737 $2.8M Add +2.8%
TLYS Tilly's Inc. Class A SHRS 0.61% 693,320 $2.8M Add +0.1%
SAMG Silvercrest Asset Manageme-A 0.60% 206,686 $2.8M Add +0.4%
GNSS Genasys Inc. 0.57% 1,452,159 $2.6M Add +9.4%
HURC Hurco Companies Inc. 0.54% 171,061 $2.5M Add +3.4%
BGSF BGSF Inc. 0.54% 384,037 $2.5M Add +7.7%
PARK Park Dental Partners Inc. 0.49% 135,500 $2.3M Reduce -13.7%
PLAB Photronics Inc. 0.45% 51,641 $2.1M Reduce -6.6%
PRDO Perdoceo Education Corp. 0.44% 54,845 $2.0M Add +8.9%
HCSG Healthcare Services Group 0.40% 98,781 $1.8M Add +0.0%
CASH Pathward Financial Inc. 0.38% 19,740 $1.8M Add +0.0%
KOP Koppers Holdings Inc. 0.36% 43,489 $1.7M Add +9.9%
PAMT Pamt Corp. 0.36% 194,639 $1.6M Add +0.4%
DXPE DXP Enterprises Inc. 0.36% 11,750 $1.6M Add +0.0%
SHIM Shimmick Corp. 0.35% 439,778 $1.6M Add +2.3%
CCB Coastal Financial Corp. 0.34% 20,398 $1.6M Add +29.9%
CRI Carter's Inc. 0.34% 43,298 $1.5M Add +0.1%
CMTL Comtech Telecommunications 0.33% 463,784 $1.5M Add +1.0%
STGW Stagwell Inc. 0.33% 243,120 $1.5M Reduce -7.4%
UEIC Universal Electronics Inc. 0.31% 350,900 $1.4M Add +3.5%
COHU Cohu Inc. 0.30% 45,990 $1.4M Add +0.0%
PLOW Douglas Dynamics Inc. 0.29% 31,793 $1.3M Add +0.0%
CNOB Connectone Bancorp Inc. 0.29% 49,475 $1.3M Add +0.0%
BFST Business First Bancshares 0.28% 47,383 $1.3M Add +0.0%
BWB Bridgewater Bancshares Inc. 0.28% 72,017 $1.3M Add +0.0%
MBIN Merchants Bancorp 0.27% 28,753 $1.2M Add +31.1%
THFF First Financial Corp. 0.26% 18,814 $1.2M Add +0.0%
PENG Penguin Solutions Inc. 0.25% 66,272 $1.2M Add +8.9%
BBSI Barrett Business SVCS Inc. 0.24% 38,455 $1.1M Add +0.0%
GBFH Gbank Financial Holdings Inc. 0.23% 40,210 $1.1M Add +41.9%
QCRH QCR Holdings Inc. filed as QCR HLDGS INC 0.23% 12,431 $1.1M Reduce -10.9%
EBF Ennis Inc. 0.23% 48,578 $1.0M Add +0.0%
CAL Caleres Inc. 0.21% 93,783 $988K Add +29.5%
WNC Wabash National Corp. 0.21% 112,204 $967K Add +0.0%
GCT Gigacloud Technology Inc. Class A 0.21% 21,273 $965K Add +0.0%
BHE Benchmark Electronics Inc. 0.20% 16,779 $941K Reduce -12.8%
DBI Designer Brands Inc. Class A 0.20% 161,496 $919K Add +0.0%
DAKT Daktronics Inc. 0.20% 46,811 $915K Add +0.0%
HFWA Heritage Financial Corp. 0.20% 35,027 $911K Reduce -20.3%
HY Hyster-Yale Inc. 0.20% 27,843 $905K Add +38.3%
HCKT The Hackett Group Inc. 0.19% 67,542 $879K Add +28.9%
HDSN Hudson Technologies Inc. 0.19% 146,930 $864K Add +24.1%
HELE Helen of Troy Ltd. 0.18% 57,380 $827K Add +13.5%
AEBI Aebi Schmidt Holding AG 0.17% 80,713 $784K Add +0.0%
PLUS Eplus Inc. 0.17% 10,397 $782K Add +0.0%
PRAA Pra Group Inc. 0.17% 44,020 $770K Add +58.5%
CUBI Customers Bancorp Inc. 0.16% 10,959 $761K Reduce -36.8%
BCAL California Bancorp 0.16% 42,749 $758K Add +0.0%
ACCO Acco Brands Corp. 0.16% 251,171 $754K Add +0.0%
OSPN Onespan Inc. 0.16% 71,424 $752K Add +74.5%
CLB Core Laboratories Inc. 0.16% 44,431 $746K Add +0.0%
NPKI NPK International Inc. 0.16% 50,957 $738K Add +0.0%
GNL Global Net Lease Inc. 0.16% 78,171 $732K Add +0.0%
ULH Universal Logistics Holdings 0.16% 34,158 $722K Add +0.0%
BANC Banc of California Inc. 0.15% 38,771 $682K Reduce -49.1%
BDN Brandywine Realty Trust 0.15% 247,827 $672K Add +35.2%
CRD.A Crawford & Company Class A 0.14% 64,014 $638K Add +28.4%
ACIC American Coastal Insurance C 0.14% 56,527 $636K New
MTRX Matrix Service Co. 0.14% 54,402 $625K Add +45.8%
EPC Edgewell Personal Care Co. 0.13% 28,682 $612K Add +0.0%
NNBR NN Inc. 0.13% 413,556 $600K Add +3.3%
CNXN PC Connection Inc. 0.12% 9,826 $574K Add +0.0%
UCTT Ultra Clean Holdings Inc. 0.12% 9,172 $570K Reduce -74.6%
JCAP Jefferson Capital Inc. 0.12% 28,754 $553K New
RBBN Ribbon Communications Inc. 0.11% 246,176 $522K Add +0.0%
SMP Standard Motor Prods 0.11% 14,797 $514K Add +0.0%
MNRO Monro Inc. 0.11% 31,726 $509K New
ZUMZ Zumiez Inc. 0.11% 22,242 $493K Add +0.0%
NCMI National Cinemedia Inc. 0.10% 157,395 $480K Add +26.3%
HTLD Heartland Express Inc. 0.09% 40,941 $426K Add +0.0%
CRAI Cra International Inc. 0.09% 2,512 $407K New
SMSI Smith Micro Software Inc. 0.08% 519,799 $374K Add +3.2%
BLMN Bloomin' Brands Inc. 0.08% 66,803 $361K Add +0.0%
BHRB Burke & Herbert Financial SE 0.08% 5,650 $352K New
EPAC Enerpac Tool Group Corp. 0.07% 8,324 $304K Add +0.0%
JBI Janus International Group Inc. 0.06% 56,758 $292K New
CMCO Columbus McKinnon Corp. 0.06% 20,044 $291K Add +0.0%
TBI Trueblue Inc. 0.06% 74,470 $291K Add +0.0%
ALIT Alight Inc. Class A 0.04% 335,781 $196K Add +48.4%
RGP Resources Connection Inc. 0.04% 52,330 $195K Add +0.0%

Portfolio Sells Q4 2025 → Q1 2026
LINC Lincoln Educational Services Sold out 0.00% −1.61
ASYS Amtech Systems Inc. Reduce -35.4% 1.03% −0.70
OSS One Stop Systems Inc. Sold out 0.00% −0.68
HBCP Home Bancorp Inc. Reduce -38.7% 0.65% −0.38
CPS Cooper-Standard Holding Reduce -13.4% 0.79% −0.30
IWN iShares Russell 2000 Value E Sold out 0.00% −0.29
GPGI Gpgi Inc. Sold out 0.00% −0.28
ABX Abacus Global Management Inc. Sold out 0.00% −0.21
NWPX NWPX Infrastructure Inc. Reduce -26.6% 1.86% −0.20
BANC Banc of California Inc. Reduce -49.1% 0.15% −0.17
ICHR Ichor Holdings Ltd. Sold out 0.00% −0.12
CUBI Customers Bancorp Inc. Reduce -36.8% 0.16% −0.11
IWC iShares Micro-Cap ETF Sold out 0.00% −0.10
CBAN Colony Bankcorp Reduce -15.3% 1.39% −0.10
FSBC Five Star Bancorp Reduce -9.6% 1.44% −0.09
UCTT Ultra Clean Holdings Inc. Reduce -74.6% 0.12% −0.08
NGS Natural Gas Services Group Reduce -11.7% 2.50% −0.06
HFWA Heritage Financial Corp. Reduce -20.3% 0.20% −0.03
QCRH QCR Holdings Inc. Reduce -10.9% 0.23% −0.03
PARK Park Dental Partners Inc. Reduce -13.7% 0.49% −0.02
BHE Benchmark Electronics Inc. Reduce -12.8% 0.20% +0.02
STGW Stagwell Inc. Reduce -7.4% 0.33% +0.05
CMT Core Molding Technologies Inc. Reduce -0.5% 0.70% +0.06
PLAB Photronics Inc. Reduce -6.6% 0.45% +0.06
INTT Intest Corp. Reduce -2.9% 1.48% +0.64

Portfolio Buys Q4 2025 → Q1 2026
DHX Dhi Group Inc. Add +5.5% 2.21% +1.04
KELYA Kelly Services Inc. Class A Add +365.9% 1.05% +0.82
APEI American Public Education Add +0.2% 2.06% +0.68
CBK Commercial Bancgroup Inc. Add +61.6% 1.27% +0.52
SHOE Shoe Station Group Inc. Add +103.1% 1.04% +0.48
JAKK Jakks Pacific Inc. Add +7.5% 1.88% +0.38
JILL J. Jill Inc. Add +95.8% 0.89% +0.34
TLYS Tilly's Inc. Class A SHRS Add +0.1% 0.61% +0.31
CBNK Capital Bancorp Inc. Add +19.0% 1.49% +0.29
ALCO Alico Inc. Add +0.3% 2.55% +0.28
MCB Metropolitan Bank Holding Co. Add +4.1% 2.47% +0.26
MLR Miller Industries Inc. Add +1.2% 1.35% +0.24
AII American Integrity Insurance Add +25.5% 1.63% +0.21
NBN Northeast Bank Add +0.2% 3.10% +0.20
LCUT Lifetime Brands Inc. Add +2.8% 0.62% +0.20
PKBK Parke Bancorp Inc. Add +0.3% 1.80% +0.20
ACTG Acacia Research Corp. Add +0.8% 0.85% +0.19
HBB Hamilton Beach Brand-A Add +1.1% 1.41% +0.18
BGSF BGSF Inc. Add +7.7% 0.54% +0.18
LAKE Lakeland Industries Inc. Add +20.3% 1.65% +0.15
ACIC American Coastal Insurance C New 0.14% +0.14
AVNW Aviat Networks Inc. Add +3.2% 1.88% +0.13
KOP Koppers Holdings Inc. Add +9.9% 0.36% +0.13
MG Mistras Group Inc. Add +0.5% 0.91% +0.12
JCAP Jefferson Capital Inc. New 0.12% +0.12
PRDO Perdoceo Education Corp. Add +8.9% 0.44% +0.12
MNRO Monro Inc. New 0.11% +0.11
MBIN Merchants Bancorp Add +31.1% 0.27% +0.10
RVSB Riverview Bancorp Inc. Add +4.4% 0.90% +0.10
CRAI Cra International Inc. New 0.09% +0.09
UNTY Unity Bancorp Inc. Add +6.1% 1.78% +0.08
BWFG Bankwell Financial Group Inc. Add +0.3% 1.76% +0.08
BHRB Burke & Herbert Financial SE New 0.08% +0.08
SRTS Sensus Healthcare Inc. Add +13.9% 0.69% +0.08
CASH Pathward Financial Inc. Add +0.0% 0.38% +0.07
SHIM Shimmick Corp. Add +2.3% 0.35% +0.07
DXPE DXP Enterprises Inc. Add +0.0% 0.36% +0.07
COHU Cohu Inc. Add +0.0% 0.30% +0.07
PINE Alpine Income Property Trust Add +0.8% 1.04% +0.07
HY Hyster-Yale Inc. Add +38.3% 0.20% +0.06
JBI Janus International Group Inc. New 0.06% +0.06
PLOW Douglas Dynamics Inc. Add +0.0% 0.29% +0.06
PRAA Pra Group Inc. Add +58.5% 0.17% +0.06
MCS Marcus Corporation Add +0.4% 0.62% +0.05
OSPN Onespan Inc. Add +74.5% 0.16% +0.05
UEIC Universal Electronics Inc. Add +3.5% 0.31% +0.04
ULH Universal Logistics Holdings Add +0.0% 0.16% +0.04
MTRX Matrix Service Co. Add +45.8% 0.14% +0.04
PMTS Cpi Card Group Inc. Add +5.3% 1.46% +0.04
EBF Ennis Inc. Add +0.0% 0.23% +0.03

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