Palisades Investment Partners, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 18, 2025), Palisades Investment Partners, LLC reported 41 stock positions worth $237.0 million. Its top holding was Sterling Infrastructure (STRL) at 8.2% of the portfolio, followed by SPX Technologies (SPXC, 6.9%) and Innodata (INOD, 6.1%). Compared with Q3 2024, it opened 6 new positions, sold out of 5, added to 31 and reduced 4. The biggest buy was Innodata (INOD, shares +6%) and the biggest sale an exit from Napco Security Technologies (NSSC).
- Most Recent 13F
- Q2 2026
- Location
- SANTA MONICA, CA
- CIK
- 0001427373
- Portfolio Value
- $237.0M (Q4 2024)
- SEC Filing
- 0001427373-25-000006 ↗ filed Feb 18, 2025
Holdings Value
Holdings 41 stocks · $237.0M
| STRL Sterling Infrastructure Inc. | 8.24% | 115,956 | $19.5M | Add +11.2% |
| SPXC SPX Technologies Inc. | 6.88% | 112,097 | $16.3M | Add +9.9% |
| INOD Innodata Inc. | 6.15% | 368,651 | $14.6M | Add +6.1% |
| MMYT Makemytrip Ltd. | 6.12% | 129,205 | $14.5M | Add +9.7% |
| MOD Modine Manufacturing Co. | 5.49% | 112,147 | $13.0M | Add +10.6% |
| INTA Intapp Inc. | 4.49% | 166,013 | $10.6M | Add +10.0% |
| TMDX Transmedics Group Inc. | 4.21% | 160,108 | $10.0M | Add +7.6% |
| SPSC SPS Commerce Inc. | 3.85% | 49,548 | $9.1M | Add +9.4% |
| UFPT Ufp Technologies Inc. | 3.60% | 34,927 | $8.5M | Add +9.2% |
| AVAV Aerovironment Inc. | 3.41% | 52,456 | $8.1M | Reduce -1.7% |
| BMI Badger Meter Inc. | 3.04% | 33,951 | $7.2M | Add +9.2% |
| ADMA Adma Biologics Inc. | 2.90% | 400,663 | $6.9M | Add +14.8% |
| VCYT Veracyte Inc. | 2.74% | 163,809 | $6.5M | New |
| WGS Genedx Holdings Corp. | 2.71% | 83,604 | $6.4M | New |
| KRYS Krystal Biotech Inc. | 2.68% | 40,479 | $6.3M | Add +9.3% |
| MC Moelis & Co. Class A | 2.39% | 76,526 | $5.7M | Add +9.3% |
| MWA Mueller Water Products Inc. Class A | 2.26% | 238,316 | $5.4M | New |
| MEDP Medpace Holdings Inc. | 2.23% | 15,919 | $5.3M | Add +9.2% |
| CAMT Camtek Ltd. | 2.21% | 64,709 | $5.2M | Add +9.8% |
| SWTX Springworks Therapeutics Inc. | 2.05% | 134,445 | $4.9M | Add +9.9% |
| WLFC Willis Lease Finance Corp. | 1.83% | 20,928 | $4.3M | Add +9.5% |
| FFBC First Financial Bancorp | 1.71% | 150,711 | $4.1M | Add +11.8% |
| FISI Financial Institutions Inc. | 1.60% | 138,527 | $3.8M | Add +9.3% |
| AMSC American Superconductor Corp. | 1.48% | 142,415 | $3.5M | Add +9.5% |
| ONTO Onto Innovation Inc. | 1.44% | 20,412 | $3.4M | Add +9.5% |
| SF Stifel Financial Corp. | 1.33% | 29,724 | $3.2M | Add +9.2% |
| MPTI M-Tron Industries Inc. | 1.29% | 62,960 | $3.0M | Add +9.8% |
| TSSI TSS Inc. | 1.26% | 252,723 | $3.0M | New |
| OTTR Otter Tail Corp. | 1.26% | 40,334 | $3.0M | Reduce -1.9% |
| CRMD Cormedix Inc. | 1.24% | 364,019 | $2.9M | New |
| ENVA Enova International Inc. | 1.21% | 29,844 | $2.9M | Reduce -2.3% |
| ARDX Ardelyx Inc. | 1.11% | 517,781 | $2.6M | Add +7.1% |
| UFPI Ufp Industries Inc. | 1.09% | 22,827 | $2.6M | Add +9.3% |
| MSBI Midland States Bancorp Inc. | 1.06% | 103,209 | $2.5M | Add +9.6% |
| DCTH Delcath Systems Inc. | 0.86% | 169,327 | $2.0M | Add +13.1% |
| ARTNA Artesian Resources Corp. Class A | 0.69% | 51,777 | $1.6M | Add +8.2% |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 0.59% | 45,697 | $1.4M | Add +8.1% |
| FCFS Firstcash Holdings Inc. | 0.57% | 12,980 | $1.3M | Reduce -1.7% |
| KINS Kingstone Cos Inc. | 0.39% | 60,125 | $913K | New |
| FCPT Four Corners Property Trust | 0.36% | 31,303 | $850K | Add +8.3% |
| ADAPY Adaptimmune Therapeutics-ADR | 0.01% | 47,114 | $25K | Add +8.4% |
Portfolio Sells Q3 2024 → Q4 2024
| NSSC Napco Security Technologies | Sold out | 0.00% | −3.78 |
| BLBD Blue Bird Corp. | Sold out | 0.00% | −3.70 |
| MSA Msa Safety Inc. | Sold out | 0.00% | −1.98 |
| CWCO Consolidated Water Co.-Ord SH | Sold out | 0.00% | −1.28 |
| AVAV Aerovironment Inc. | Reduce -1.7% | 3.41% | −1.25 |
| GES Guess? Inc. | Sold out | 0.00% | −1.01 |
| OTTR Otter Tail Corp. | Reduce -1.9% | 1.26% | −0.14 |
| FCFS Firstcash Holdings Inc. | Reduce -1.7% | 0.57% | −0.09 |
| ENVA Enova International Inc. | Reduce -2.3% | 1.21% | +0.09 |
Portfolio Buys Q3 2024 → Q4 2024
| INOD Innodata Inc. | Add +6.1% | 6.15% | +3.61 |
| VCYT Veracyte Inc. | New | 2.74% | +2.74 |
| WGS Genedx Holdings Corp. | New | 2.71% | +2.71 |
| MWA Mueller Water Products Inc. Class A | New | 2.26% | +2.26 |
| STRL Sterling Infrastructure Inc. | Add +11.2% | 8.24% | +1.66 |
| MMYT Makemytrip Ltd. | Add +9.7% | 6.12% | +1.36 |
| INTA Intapp Inc. | Add +10.0% | 4.49% | +1.35 |
| TSSI TSS Inc. | New | 1.26% | +1.26 |
| CRMD Cormedix Inc. | New | 1.24% | +1.24 |
| WLFC Willis Lease Finance Corp. | Add +9.5% | 1.83% | +0.59 |
| KINS Kingstone Cos Inc. | New | 0.39% | +0.39 |
| SWTX Springworks Therapeutics Inc. | Add +9.9% | 2.05% | +0.34 |
| MC Moelis & Co. Class A | Add +9.3% | 2.39% | +0.30 |
| DCTH Delcath Systems Inc. | Add +13.1% | 0.86% | +0.27 |
| MPTI M-Tron Industries Inc. | Add +9.8% | 1.29% | +0.25 |
| FFBC First Financial Bancorp | Add +11.8% | 1.71% | +0.23 |
| SF Stifel Financial Corp. | Add +9.2% | 1.33% | +0.22 |
| FISI Financial Institutions Inc. | Add +9.3% | 1.60% | +0.19 |
| CAMT Camtek Ltd. | Add +9.8% | 2.21% | +0.16 |
| MSBI Midland States Bancorp Inc. | Add +9.6% | 1.06% | +0.15 |
| AMSC American Superconductor Corp. | Add +9.5% | 1.48% | +0.14 |
| MEDP Medpace Holdings Inc. | Add +9.2% | 2.23% | +0.11 |
| BMI Badger Meter Inc. | Add +9.2% | 3.04% | +0.08 |
| FRPH FRP Holdings Inc. | Add +8.1% | 0.59% | +0.04 |
| SPSC SPS Commerce Inc. | Add +9.4% | 3.85% | +0.02 |
| ADAPY Adaptimmune Therapeutics-ADR | Add +8.4% | 0.01% | −0.01 |
| FCPT Four Corners Property Trust | Add +8.3% | 0.36% | −0.01 |
| ARTNA Artesian Resources Corp. Class A | Add +8.2% | 0.69% | −0.08 |
| UFPI Ufp Industries Inc. | Add +9.3% | 1.09% | −0.11 |
| ADMA Adma Biologics Inc. | Add +14.8% | 2.90% | −0.14 |
| SPXC SPX Technologies Inc. | Add +9.9% | 6.88% | −0.20 |
| ONTO Onto Innovation Inc. | Add +9.5% | 1.44% | −0.25 |
| KRYS Krystal Biotech Inc. | Add +9.3% | 2.68% | −0.26 |
| ARDX Ardelyx Inc. | Add +7.1% | 1.11% | −0.34 |
| MOD Modine Manufacturing Co. | Add +10.6% | 5.49% | −0.37 |
| UFPT Ufp Technologies Inc. | Add +9.2% | 3.60% | −0.81 |
| TMDX Transmedics Group Inc. | Add +7.6% | 4.21% | −5.96 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 53 | $351.6M | SPXC, KRYS, PKE, TVTX, WLFC |
| Q1 2026 | 51 | $255.1M | SPXC, KRYS, PKE, PAY, IWM |
| Q4 2025 | 51 | $264.7M | STRL, SPXC, WGS, KRYS, MMYT |
| Q3 2025 | 48 | $254.6M | STRL, SPXC, MMYT, IWM, ITRI |
| Q2 2025 | 39 | $228.7M | STRL, INOD, SPXC, MMYT, ITRI |
| Q1 2025 | 40 | $199.3M | SPXC, INOD, STRL, MMYT, INTA |
| Q4 2024 | 41 | $237.0M | STRL, SPXC, INOD, MMYT, MOD |
| Q3 2024 | 40 | $229.7M | TMDX, SPXC, STRL, MOD, MMYT |
| Q2 2024 | 40 | $201.9M | TMDX, SPXC, STRL, NSSC, MOD |