Palisades Investment Partners, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Palisades Investment Partners, LLC reported 40 stock positions worth $199.3 million. Its top holding was SPX Technologies (SPXC) at 7.2% of the portfolio, followed by Innodata (INOD, 6.8%) and Sterling Infrastructure (STRL, 6.7%). Compared with Q4 2024, it opened 2 new positions, sold out of 3, added to 28 and reduced 10. The biggest buy was a new position in Paymentus Class A (PAY) and the biggest sale an exit from Modine Manufacturing (MOD).
- Most Recent 13F
- Q2 2026
- Location
- SANTA MONICA, CA
- CIK
- 0001427373
- Portfolio Value
- $199.3M (Q1 2025)
- SEC Filing
- 0001427373-25-000007 ↗ filed Apr 30, 2025
Holdings Value
Holdings 40 stocks · $199.3M
| SPXC SPX Technologies Inc. | 7.25% | 112,149 | $14.4M | Add +0.1% |
| INOD Innodata Inc. | 6.84% | 379,409 | $13.6M | Add +2.9% |
| STRL Sterling Infrastructure Inc. | 6.75% | 118,800 | $13.4M | Add +2.5% |
| MMYT Makemytrip Ltd. | 6.34% | 128,992 | $12.6M | Reduce -0.2% |
| INTA Intapp Inc. | 4.95% | 168,842 | $9.9M | Add +1.7% |
| ADMA Adma Biologics Inc. | 4.09% | 410,446 | $8.1M | Add +2.4% |
| WGS Genedx Holdings Corp. | 3.73% | 83,913 | $7.4M | Add +0.4% |
| KRYS Krystal Biotech Inc. | 3.68% | 40,696 | $7.3M | Add +0.5% |
| UFPT Ufp Technologies Inc. | 3.59% | 35,476 | $7.2M | Add +1.6% |
| SPSC SPS Commerce Inc. | 3.35% | 50,353 | $6.7M | Add +1.6% |
| BMI Badger Meter Inc. | 3.30% | 34,604 | $6.6M | Add +1.9% |
| AVAV Aerovironment Inc. | 3.15% | 52,716 | $6.3M | Add +0.5% |
| MWA Mueller Water Products Inc. Class A | 3.03% | 237,446 | $6.0M | Reduce -0.4% |
| SWTX Springworks Therapeutics Inc. | 3.02% | 136,478 | $6.0M | Add +1.5% |
| PAY Paymentus Holdings Inc. Class A | 2.59% | 197,655 | $5.2M | New |
| VCYT Veracyte Inc. | 2.49% | 167,142 | $5.0M | Add +2.0% |
| MEDP Medpace Holdings Inc. | 2.47% | 16,174 | $4.9M | Add +1.6% |
| MC Moelis & Co. Class A | 2.25% | 76,730 | $4.5M | Add +0.3% |
| FFBC First Financial Bancorp | 1.92% | 153,131 | $3.8M | Add +1.6% |
| CAMT Camtek Ltd. | 1.90% | 64,606 | $3.8M | Reduce -0.2% |
| FISI Financial Institutions Inc. | 1.73% | 138,147 | $3.4M | Reduce -0.3% |
| WLFC Willis Lease Finance Corp. | 1.68% | 21,224 | $3.4M | Add +1.4% |
| OTTR Otter Tail Corp. | 1.62% | 40,191 | $3.2M | Reduce -0.3% |
| LUNR Intuitive Machines Inc. | 1.50% | 401,762 | $3.0M | New |
| ENVA Enova International Inc. | 1.47% | 30,409 | $2.9M | Add +1.9% |
| SF Stifel Financial Corp. | 1.43% | 30,163 | $2.8M | Add +1.5% |
| MPTI M-Tron Industries Inc. | 1.41% | 62,980 | $2.8M | Add +0.0% |
| AMSC American Superconductor Corp. | 1.32% | 144,604 | $2.6M | Add +1.5% |
| ARDX Ardelyx Inc. | 1.29% | 523,345 | $2.6M | Add +1.1% |
| ONTO Onto Innovation Inc. | 1.26% | 20,715 | $2.5M | Add +1.5% |
| UFPI Ufp Industries Inc. | 1.25% | 23,194 | $2.5M | Add +1.6% |
| CRMD Cormedix Inc. | 1.11% | 358,970 | $2.2M | Reduce -1.4% |
| DCTH Delcath Systems Inc. | 1.09% | 171,084 | $2.2M | Add +1.0% |
| TSSI TSS Inc. | 1.02% | 257,865 | $2.0M | Add +2.0% |
| MSBI Midland States Bancorp Inc. | 0.88% | 102,951 | $1.8M | Reduce -0.3% |
| ARTNA Artesian Resources Corp. Class A | 0.85% | 51,680 | $1.7M | Reduce -0.2% |
| FCFS Firstcash Holdings Inc. | 0.78% | 12,930 | $1.6M | Reduce -0.4% |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 0.65% | 45,560 | $1.3M | Reduce -0.3% |
| KINS Kingstone Cos Inc. | 0.51% | 61,205 | $1.0M | Add +1.8% |
| FCPT Four Corners Property Trust | 0.46% | 31,762 | $912K | Add +1.5% |
Portfolio Sells Q4 2024 → Q1 2025
| MOD Modine Manufacturing Co. | Sold out | 0.00% | −5.49 |
| TMDX Transmedics Group Inc. | Sold out | 0.00% | −4.21 |
| CAMT Camtek Ltd. | Reduce -0.2% | 1.90% | −0.30 |
| MSBI Midland States Bancorp Inc. | Reduce -0.3% | 0.88% | −0.18 |
| CRMD Cormedix Inc. | Reduce -1.4% | 1.11% | −0.13 |
| ADAPY Adaptimmune Therapeutics-ADR | Sold out | 0.00% | −0.01 |
| FRPH FRP Holdings Inc. | Reduce -0.3% | 0.65% | +0.06 |
| FISI Financial Institutions Inc. | Reduce -0.3% | 1.73% | +0.14 |
| ARTNA Artesian Resources Corp. Class A | Reduce -0.2% | 0.85% | +0.16 |
| FCFS Firstcash Holdings Inc. | Reduce -0.4% | 0.78% | +0.21 |
| MMYT Makemytrip Ltd. | Reduce -0.2% | 6.34% | +0.22 |
| OTTR Otter Tail Corp. | Reduce -0.3% | 1.62% | +0.36 |
| MWA Mueller Water Products Inc. Class A | Reduce -0.4% | 3.03% | +0.77 |
Portfolio Buys Q4 2024 → Q1 2025
| PAY Paymentus Holdings Inc. Class A | New | 2.59% | +2.59 |
| LUNR Intuitive Machines Inc. | New | 1.50% | +1.50 |
| ADMA Adma Biologics Inc. | Add +2.4% | 4.09% | +1.19 |
| WGS Genedx Holdings Corp. | Add +0.4% | 3.73% | +1.02 |
| KRYS Krystal Biotech Inc. | Add +0.5% | 3.68% | +1.01 |
| SWTX Springworks Therapeutics Inc. | Add +1.5% | 3.02% | +0.97 |
| INOD Innodata Inc. | Add +2.9% | 6.84% | +0.69 |
| INTA Intapp Inc. | Add +1.7% | 4.95% | +0.46 |
| SPXC SPX Technologies Inc. | Add +0.1% | 7.25% | +0.36 |
| ENVA Enova International Inc. | Add +1.9% | 1.47% | +0.27 |
| BMI Badger Meter Inc. | Add +1.9% | 3.30% | +0.26 |
| MEDP Medpace Holdings Inc. | Add +1.6% | 2.47% | +0.24 |
| DCTH Delcath Systems Inc. | Add +1.0% | 1.09% | +0.23 |
| FFBC First Financial Bancorp | Add +1.6% | 1.92% | +0.21 |
| ARDX Ardelyx Inc. | Add +1.1% | 1.29% | +0.18 |
| UFPI Ufp Industries Inc. | Add +1.6% | 1.25% | +0.16 |
| KINS Kingstone Cos Inc. | Add +1.8% | 0.51% | +0.13 |
| MPTI M-Tron Industries Inc. | Add +0.0% | 1.41% | +0.12 |
| FCPT Four Corners Property Trust | Add +1.5% | 0.46% | +0.10 |
| SF Stifel Financial Corp. | Add +1.5% | 1.43% | +0.10 |
| UFPT Ufp Technologies Inc. | Add +1.6% | 3.59% | −0.01 |
| MC Moelis & Co. Class A | Add +0.3% | 2.25% | −0.14 |
| WLFC Willis Lease Finance Corp. | Add +1.4% | 1.68% | −0.15 |
| AMSC American Superconductor Corp. | Add +1.5% | 1.32% | −0.16 |
| ONTO Onto Innovation Inc. | Add +1.5% | 1.26% | −0.17 |
| TSSI TSS Inc. | Add +2.0% | 1.02% | −0.25 |
| VCYT Veracyte Inc. | Add +2.0% | 2.49% | −0.25 |
| AVAV Aerovironment Inc. | Add +0.5% | 3.15% | −0.25 |
| SPSC SPS Commerce Inc. | Add +1.6% | 3.35% | −0.49 |
| STRL Sterling Infrastructure Inc. | Add +2.5% | 6.75% | −1.49 |
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 |