Palisades Investment Partners, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 20, 2026), Palisades Investment Partners, LLC reported 51 stock positions worth $264.7 million. Its top holding was Sterling Infrastructure (STRL) at 11.3% of the portfolio, followed by SPX Technologies (SPXC, 8.7%) and Genedx (WGS, 4.3%). Compared with Q3 2025, it opened 4 new positions, sold out of 1, added to 43 and reduced 2. The biggest buy was a new position in Travere Therapeutics (TVTX) and the biggest sale iShares Russell 2000 ETF (IWM, shares −22%).
- Most Recent 13F
- Q2 2026
- Location
- SANTA MONICA, CA
- CIK
- 0001427373
- Portfolio Value
- $264.7M (Q4 2025)
- SEC Filing
- 0001427373-26-000001 ↗ filed Jan 20, 2026
Holdings Value
Holdings 51 stocks · $264.7M
| STRL Sterling Infrastructure Inc. | 11.28% | 97,505 | $29.9M | Add +1.8% |
| SPXC SPX Technologies Inc. | 8.71% | 115,188 | $23.0M | Add +2.4% |
| WGS Genedx Holdings Corp. | 4.28% | 87,164 | $11.3M | Add +2.9% |
| KRYS Krystal Biotech Inc. | 3.98% | 42,765 | $10.5M | Add +3.3% |
| MMYT Makemytrip Ltd. | 3.70% | 119,375 | $9.8M | Add +1.6% |
| MEDP Medpace Holdings Inc. | 3.45% | 16,274 | $9.1M | Add +2.4% |
| ENVA Enova International Inc. | 3.32% | 55,856 | $8.8M | Add +2.3% |
| UFPT Ufp Technologies Inc. | 2.94% | 35,111 | $7.8M | Add +1.3% |
| IWM iShares Russell 2000 ETF | 2.94% | 31,650 | $7.8M | Reduce -21.7% |
| INTA Intapp Inc. | 2.90% | 167,499 | $7.7M | Add +1.5% |
| ITRI Itron Inc. | 2.63% | 75,006 | $7.0M | Add +1.9% |
| PKE Park Aerospace Corp. | 2.59% | 321,745 | $6.9M | Add +10.8% |
| VCYT Veracyte Inc. | 2.58% | 162,043 | $6.8M | Add +2.5% |
| CRMD Cormedix Inc. | 2.53% | 576,759 | $6.7M | Add +2.2% |
| LUNR Intuitive Machines Inc. | 2.50% | 406,999 | $6.6M | Add +2.1% |
| PAY Paymentus Holdings Inc. Class A | 2.39% | 200,471 | $6.3M | Add +2.3% |
| ROOT Root Inc./Oh Class A | 2.27% | 83,302 | $6.0M | Add +1.9% |
| BMI Badger Meter Inc. | 2.24% | 33,945 | $5.9M | Reduce -0.7% |
| MWA Mueller Water Products Inc. Class A | 2.18% | 242,350 | $5.8M | Add +2.5% |
| MC Moelis & Co. Class A | 2.02% | 77,940 | $5.4M | Add +2.1% |
| IESC Ies Holdings Inc. filed as IES HLDGS INC | 2.00% | 13,642 | $5.3M | Add +2.5% |
| TVTX Travere Therapeutics Inc. | 1.99% | 137,768 | $5.3M | New |
| PAYS Paysign Inc. | 1.80% | 924,373 | $4.8M | Add +3.0% |
| IA Innovative Solutions & Supp | 1.71% | 239,276 | $4.5M | Add +2.1% |
| SPSC SPS Commerce Inc. | 1.69% | 50,192 | $4.5M | Add +2.1% |
| FISI Financial Institutions Inc. | 1.67% | 140,942 | $4.4M | Add +2.5% |
| AMSC American Superconductor Corp. | 1.57% | 144,209 | $4.2M | Add +2.2% |
| FFBC First Financial Bancorp | 1.45% | 153,296 | $3.8M | Add +2.3% |
| SF Stifel Financial Corp. | 1.43% | 30,177 | $3.8M | Add +2.4% |
| MPTI M-Tron Industries Inc. | 1.34% | 66,751 | $3.6M | Add +7.0% |
| OTTR Otter Tail Corp. | 1.25% | 40,891 | $3.3M | Add +1.7% |
| ONTO Onto Innovation Inc. | 1.23% | 20,633 | $3.3M | Add +2.1% |
| WLFC Willis Lease Finance Corp. | 1.09% | 21,188 | $2.9M | Add +2.1% |
| DCTH Delcath Systems Inc. | 1.02% | 267,138 | $2.7M | Add +1.6% |
| RELY Remitly Global Inc. | 0.94% | 179,498 | $2.5M | Add +1.5% |
| KINS Kingstone Cos Inc. | 0.90% | 141,706 | $2.4M | Add +1.4% |
| UFPI Ufp Industries Inc. | 0.80% | 23,294 | $2.1M | Add +2.9% |
| FCFS Firstcash Holdings Inc. | 0.79% | 13,139 | $2.1M | Add +1.6% |
| TGEN Tecogen Inc./Waltham Ma | 0.73% | 390,212 | $1.9M | Add +3.6% |
| ARTNA Artesian Resources Corp. Class A | 0.63% | 52,868 | $1.7M | Add +2.2% |
| EEFT Euronet Worldwide Inc. | 0.45% | 15,815 | $1.2M | New |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 0.40% | 46,454 | $1.1M | Add +1.9% |
| AGX Argan Inc. | 0.38% | 3,199 | $1.0M | Add +13.4% |
| FCPT Four Corners Property Trust | 0.28% | 31,879 | $747K | Add +2.1% |
| IWO iShares Russell 2000 Growth | 0.28% | 2,308 | $746K | New |
| CAMT Camtek Ltd. | 0.28% | 6,927 | $737K | Add +10.0% |
| INOD Innodata Inc. | 0.15% | 7,708 | $393K | No change |
| LMAT Lemaitre Vascular Inc. | 0.12% | 3,924 | $318K | Add +13.3% |
| TSSI TSS Inc. | 0.08% | 31,195 | $221K | Add +11.7% |
| FOA Finance of America Cos Inc. Class A | 0.08% | 8,311 | $201K | New |
| ARDX Ardelyx Inc. | 0.02% | 10,147 | $59K | No change |
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
| TVTX Travere Therapeutics Inc. | New | 1.99% | +1.99 |
| KRYS Krystal Biotech Inc. | Add +3.3% | 3.98% | +1.11 |
| LUNR Intuitive Machines Inc. | Add +2.1% | 2.50% | +0.85 |
| ENVA Enova International Inc. | Add +2.3% | 3.32% | +0.85 |
| WGS Genedx Holdings Corp. | Add +2.9% | 4.28% | +0.70 |
| IA Innovative Solutions & Supp | Add +2.1% | 1.71% | +0.56 |
| SPXC SPX Technologies Inc. | Add +2.4% | 8.71% | +0.46 |
| EEFT Euronet Worldwide Inc. | New | 0.45% | +0.45 |
| VCYT Veracyte Inc. | Add +2.5% | 2.58% | +0.44 |
| IWO iShares Russell 2000 Growth | New | 0.28% | +0.28 |
| PKE Park Aerospace Corp. | Add +10.8% | 2.59% | +0.27 |
| INTA Intapp Inc. | Add +1.5% | 2.90% | +0.25 |
| MEDP Medpace Holdings Inc. | Add +2.4% | 3.45% | +0.24 |
| UFPT Ufp Technologies Inc. | Add +1.3% | 2.94% | +0.23 |
| ONTO Onto Innovation Inc. | Add +2.1% | 1.23% | +0.20 |
| FISI Financial Institutions Inc. | Add +2.5% | 1.67% | +0.19 |
| SF Stifel Financial Corp. | Add +2.4% | 1.43% | +0.11 |
| KINS Kingstone Cos Inc. | Add +1.4% | 0.90% | +0.09 |
| AGX Argan Inc. | Add +13.4% | 0.38% | +0.08 |
| FOA Finance of America Cos Inc. Class A | New | 0.08% | +0.08 |
| PAY Paymentus Holdings Inc. Class A | Add +2.3% | 2.39% | +0.04 |
| CAMT Camtek Ltd. | Add +10.0% | 0.28% | +0.02 |
| LMAT Lemaitre Vascular Inc. | Add +13.3% | 0.12% | +0.00 |
| FCFS Firstcash Holdings Inc. | Add +1.6% | 0.79% | −0.01 |
| MPTI M-Tron Industries Inc. | Add +7.0% | 1.34% | −0.02 |
| FCPT Four Corners Property Trust | Add +2.1% | 0.28% | −0.02 |
| UFPI Ufp Industries Inc. | Add +2.9% | 0.80% | −0.03 |
| ARTNA Artesian Resources Corp. Class A | Add +2.2% | 0.63% | −0.03 |
| WLFC Willis Lease Finance Corp. | Add +2.1% | 1.09% | −0.03 |
| FRPH FRP Holdings Inc. | Add +1.9% | 0.40% | −0.04 |
| FFBC First Financial Bancorp | Add +2.3% | 1.45% | −0.04 |
| CRMD Cormedix Inc. | Add +2.2% | 2.53% | −0.04 |
| OTTR Otter Tail Corp. | Add +1.7% | 1.25% | −0.05 |
| IESC Ies Holdings Inc. | Add +2.5% | 2.00% | −0.07 |
| DCTH Delcath Systems Inc. | Add +1.6% | 1.02% | −0.09 |
| MC Moelis & Co. Class A | Add +2.1% | 2.02% | −0.11 |
| TSSI TSS Inc. | Add +11.7% | 0.08% | −0.12 |
| MWA Mueller Water Products Inc. Class A | Add +2.5% | 2.18% | −0.19 |
| RELY Remitly Global Inc. | Add +1.5% | 0.94% | −0.20 |
| SPSC SPS Commerce Inc. | Add +2.1% | 1.69% | −0.32 |
| PAYS Paysign Inc. | Add +3.0% | 1.80% | −0.42 |
| TGEN Tecogen Inc./Waltham Ma | Add +3.6% | 0.73% | −0.58 |
| ROOT Root Inc./Oh Class A | Add +1.9% | 2.27% | −0.60 |
| MMYT Makemytrip Ltd. | Add +1.6% | 3.70% | −0.62 |
| ITRI Itron Inc. | Add +1.9% | 2.63% | −0.97 |
| STRL Sterling Infrastructure Inc. | Add +1.8% | 11.28% | −1.50 |
| AMSC American Superconductor Corp. | Add +2.2% | 1.57% | −1.72 |
Notes & Other Activity Q3 2025 → Q4 2025
| MPTI.WS M-Tron Industries Inc. -28 | *W EXP 04/25/202 | Sold out | 65,856 | $115Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |