Phocas Financial Corp.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 7, 2024), Phocas Financial Corp. reported 138 stock positions worth $887.2 million. Its top holding was Sterling Infrastructure (STRL) at 9.9% of the portfolio, followed by Boot Barn (BOOT, 7.1%) and Nexstar Media (NXST, 4.9%). Compared with Q2 2024, it opened 17 new positions, sold out of 13, added to 8 and reduced 92. The biggest buy was a new position in Columbia Banking System (COLB) and the biggest sale an exit from Atkore (ATKR).

Most Recent 13F
Q2 2026
Location
ALAMEDA, CA
CIK
0001356783
Portfolio Value
$887.2M (Q3 2024)
SEC Filing
0001754960-24-000548 ↗ filed Nov 7, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $887.4M Q1 2024 Q2 2024: $876.8M Q2 2024 Q3 2024: $887.2M $887.2M Q3 2024 Q4 2024: $748.8M Q4 2024 Q1 2025: $652.2M Q1 2025 Q2 2025: $695.3M Q2 2025 Q3 2025: $771.4M Q3 2025 Q4 2025: $768.9M Q4 2025 Q1 2026: $636.9M Q1 2026 Q2 2026: $720.7M Q2 2026

Holdings 138 stocks · $887.2M
STRL Sterling Infrastructure Inc. 9.93% 32,888 $88.1M Reduce -65.3%
BOOT Boot Barn Holdings Inc. 7.10% 76,787 $63.0M Reduce -5.9%
NXST Nexstar Media Group Inc. 4.92% 49,410 $43.7M Reduce -5.9%
SKYW Skywest Inc. 2.17% 226,385 $19.2M Reduce -5.9%
PRIM Primoris Services Corp. 1.84% 281,055 $16.3M Reduce -5.9%
WTFC Wintrust Financial Corp. 1.58% 129,241 $14.0M Reduce -5.9%
CRS Carpenter Technology 1.46% 81,007 $12.9M Reduce -5.9%
CASH Pathward Financial Inc. 1.30% 174,307 $11.5M Reduce -5.9%
ABCB Ameris Bancorp 1.29% 183,022 $11.4M Reduce -5.8%
BKH Black Hills Corp. 1.26% 182,635 $11.2M Add +40.7%
PFBC Preferred Bank/Los Angeles 1.23% 135,996 $10.9M Reduce -5.8%
KMPR Kemper Corp. 1.16% 168,283 $10.3M Add +37.4%
TPH Tri Pointe Homes Inc. 1.13% 220,773 $10.0M Reduce -5.8%
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC 1.12% 132,211 $10.0M Reduce -5.9%
RHP Ryman Hospitality Properties 1.09% 90,528 $9.7M Reduce -6.2%
POR Portland General Electric Co. 1.05% 193,787 $9.3M Add +18.0%
FNB FNB Corp. 1.04% 655,687 $9.3M Reduce -5.8%
LNTH Lantheus Holdings Inc. 1.04% 83,764 $9.2M Reduce -5.9%
FRME First Merchants Corp. 1.01% 240,230 $8.9M Reduce -5.8%
AIR Aar Corp. 1.00% 135,809 $8.9M Reduce -5.8%
AVNT Avient Corp. 0.99% 174,852 $8.8M Reduce -5.8%
KD Kyndryl Holdings Inc. 0.97% 375,760 $8.6M Reduce -5.9%
MTRN Materion Corp. 0.96% 76,387 $8.5M Reduce -5.9%
COHR Coherent Corp. 0.96% 95,571 $8.5M Reduce -38.3%
AMRX Amneal Pharmaceuticals Inc. 0.95% 1,015,190 $8.4M Reduce -5.9%
TCBI Texas Capital Bancshares Inc. 0.95% 117,360 $8.4M Reduce -5.8%
SPB Spectrum Brands Holdings Inc. 0.94% 87,192 $8.3M Reduce -5.9%
FHN First Horizon Corp. 0.93% 533,295 $8.3M Reduce -5.9%
TRNO Terreno Realty Corp. 0.92% 122,663 $8.2M Reduce -5.9%
THC Tenet Healthcare Corp. 0.92% 49,070 $8.2M Reduce -5.9%
OTTR Otter Tail Corp. 0.90% 102,281 $8.0M Reduce -5.8%
ADC Agree Realty Corp. 0.90% 105,721 $8.0M Add +74.9%
CMA Comerica Inc. 0.88% 130,652 $7.8M Reduce -5.9%
IRT Independence Realty Trust Inc. 0.88% 379,876 $7.8M Reduce -6.0%
SLG SL Green Realty Corp. 0.87% 111,376 $7.8M Add +52.5%
EHC Encompass Health Corp. 0.86% 79,381 $7.7M Reduce -6.0%
ROIC Retail Opportunity Investmen 0.84% 474,003 $7.5M Reduce -8.8%
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.83% 46,097 $7.3M Reduce -5.9%
PNFP Pinnacle Financial Partners 0.82% 73,850 $7.2M Reduce -5.9%
AHRT Ah Realty Trust Inc. filed as ARMADA HOFFLER PPTYS INC 0.82% 667,761 $7.2M Reduce -6.1%
ONB Old National Bancorp 0.82% 387,563 $7.2M Reduce -5.9%
BANR Banner Corporation 0.80% 118,787 $7.1M Reduce -5.8%
PPBI Pacific Premier Bancorp Inc. 0.79% 279,443 $7.0M Add +65.8%
VRRM Verra Mobility Corp. 0.79% 251,135 $7.0M Reduce -5.8%
RRC Range Resources Corp. 0.79% 226,622 $7.0M Reduce -5.9%
PR Permian Resources Corp. Class A 0.75% 488,656 $6.7M Reduce -6.8%
COLB Columbia Banking System Inc. 0.72% 243,475 $6.4M New
XRN Global Medical REIT Inc. 0.70% 627,690 $6.2M Reduce -6.3%
CIVI Civitas Resources Inc. 0.70% 122,398 $6.2M Reduce -5.7%
CHX Championx Corp. 0.68% 200,176 $6.0M Reduce -5.8%
PLXS Plexus Corp. 0.66% 42,805 $5.9M Reduce -30.6%
EFSC Enterprise Financial Service 0.66% 113,713 $5.8M Reduce -5.9%
LADR Ladder Capital Corp.-REIT 0.65% 497,004 $5.8M Reduce -5.8%
NSA National Storage Affiliates 0.64% 118,045 $5.7M Reduce -5.8%
NOG Northern Oil and Gas Inc. 0.61% 153,644 $5.4M Reduce -5.7%
FUL H.B. Fuller Co. filed as FULLER H B CO 0.61% 67,768 $5.4M Reduce -45.8%
SANM Sanmina Corp. 0.60% 78,013 $5.3M New
NPO Enpro Inc. 0.60% 32,732 $5.3M Reduce -5.9%
TTMI TTM Technologies 0.60% 290,524 $5.3M New
APAM Artisan Partners Asset Ma -A 0.60% 122,195 $5.3M Reduce -5.9%
ABBV Abbvie Inc. 0.59% 26,350 $5.2M No change
OMF Onemain Holdings Inc. 0.58% 109,540 $5.2M Reduce -5.7%
R Ryder System Inc. 0.57% 34,387 $5.0M Reduce -5.8%
SPTN Spartannash Co. 0.55% 219,427 $4.9M Reduce -5.1%
SHC Sotera Health Co. 0.55% 292,212 $4.9M Reduce -5.9%
LZB La-Z-Boy Inc. 0.55% 112,955 $4.8M Reduce -5.8%
MOD Modine Manufacturing Co. 0.54% 35,793 $4.8M Reduce -52.9%
HTLF Heartland Financial USA Inc. 0.53% 82,693 $4.7M Reduce -5.8%
VRNT Verint Systems Inc. 0.52% 182,905 $4.6M Reduce -5.9%
ACHC Acadia Healthcare Co. Inc. 0.52% 72,225 $4.6M Add +36.0%
KFRC Kforce Inc. 0.49% 70,271 $4.3M Reduce -5.9%
HGV Hilton Grand Vacations Inc. 0.49% 118,573 $4.3M Reduce -5.8%
CHRD Chord Energy Corp. 0.48% 32,584 $4.2M Reduce -6.8%
EPC Edgewell Personal Care Co. 0.48% 116,441 $4.2M Reduce -5.8%
PLUS Eplus Inc. 0.47% 42,827 $4.2M Reduce -5.9%
AM Antero Midstream Corp. 0.47% 279,272 $4.2M Reduce -5.8%
SNV Synovus Financial Corp. 0.47% 93,195 $4.1M Reduce -5.9%
PTEN Patterson-Uti Energy Inc. 0.46% 532,701 $4.1M Reduce -5.9%
MTH Meritage Homes Corp. 0.44% 18,937 $3.9M New
KRG Kite Realty Group Trust 0.44% 145,980 $3.9M New
GIII G-III Apparel Group Ltd. 0.44% 126,938 $3.9M Reduce -5.8%
REVG Rev Group Inc. 0.43% 135,633 $3.8M Reduce -70.7%
CSR Centerspace 0.43% 53,941 $3.8M Reduce -6.8%
AAP Advance Auto Parts Inc. 0.43% 96,853 $3.8M Reduce -5.9%
EXEL Exelixis Inc. 0.42% 144,782 $3.8M Reduce -5.9%
CHCT Community Healthcare Trust I 0.42% 203,258 $3.7M New
LYTS Lsi Industries Inc. 0.41% 228,001 $3.7M New
SAH Sonic Automotive Inc. Class A 0.41% 62,335 $3.6M New
SNEX Stonex Group Inc. 0.41% 44,203 $3.6M Reduce -5.8%
SKX Skechers USA Inc. Class A 0.41% 54,072 $3.6M Reduce -5.9%
ATSG Air Transport Services Group 0.41% 223,036 $3.6M Add +49.4%
QDEL Quidelortho Corp. 0.40% 78,771 $3.6M New
TWO Two Harbors Investment Corp. filed as TWO HBRS INVT CORP 0.40% 252,555 $3.5M New
MKSI MKS Inc. filed as MKS INSTRS INC 0.39% 32,218 $3.5M New
SRDX Surmodics Inc. 0.39% 88,460 $3.4M New
SUPN Supernus Pharmaceuticals Inc. 0.38% 109,460 $3.4M Reduce -5.9%
ACH Accendra Health Inc. filed as OWENS & MINOR INC NEW 0.38% 216,964 $3.4M Reduce -40.0%
CRGY Crescent Energy Inc. Class A 0.38% 310,539 $3.4M New
BGC BGC Group Inc. Class A 0.38% 369,917 $3.4M New
DCO Ducommun Inc. 0.38% 51,363 $3.4M Reduce -5.8%
ELAN Elanco Animal Health Inc. 0.38% 229,551 $3.4M Reduce -44.6%
DFIN Donnelley Financial Solution 0.38% 51,102 $3.4M Reduce -5.9%
GDEN Golden Entertainment Inc. 0.36% 101,683 $3.2M Reduce -5.8%
JACK Jack in the Box Inc. 0.36% 69,204 $3.2M Reduce -5.8%
SWX Southwest Gas Holdings Inc. 0.36% 42,825 $3.2M Reduce -5.8%
MGY Magnolia Oil & Gas Corp. Class A 0.32% 116,801 $2.9M Reduce -6.7%
THRY Thryv Holdings Inc. 0.32% 162,443 $2.8M Reduce -5.9%
SCHX Schwab US Large-Cap ETF 0.27% 35,412 $2.4M Reduce -11.1%
PEB Pebblebrook Hotel Trust 0.26% 174,147 $2.3M Reduce -6.4%
AAPL Apple Inc. 0.25% 9,521 $2.2M No change
CDMO Avid Bioservices Inc. 0.24% 185,120 $2.1M New
MSFT Microsoft Corp. 0.20% 4,215 $1.8M No change
VCYT Veracyte Inc. 0.20% 52,519 $1.8M New
NVDA Nvidia Corp. 0.19% 13,650 $1.7M No change
AXSM Axsome Therapeutics Inc. 0.18% 17,701 $1.6M Reduce -5.8%
MIRM Mirum Pharmaceuticals Inc. 0.17% 37,889 $1.5M Reduce -37.3%
GOOGL Alphabet Inc. Class A 0.16% 8,784 $1.5M No change
ITCI Intra-Cellular Therapies Inc. 0.16% 19,233 $1.4M Reduce -5.9%
ETN Eaton Corp. PLC 0.15% 4,090 $1.4M No change
EQT Eqt Corp. 0.13% 31,965 $1.2M New
BRK.B Berkshire Hathaway Inc. Class B 0.13% 2,412 $1.1M No change
ACAD Acadia Pharmaceuticals Inc. 0.10% 60,215 $926K Reduce -5.9%
JNJ Johnson & Johnson 0.10% 5,689 $922K No change
SCHB Schwab US Broad Market ETF 0.09% 12,139 $807K Reduce -5.3%
DOV Dover Corp. 0.08% 3,615 $693K No change
PEP Pepsico Inc. 0.08% 4,001 $680K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.07% 2,300 $647K No change
CSD Invesco S&P Spin-Off ETF 0.07% 7,400 $595K No change
COST Costco Wholesale Corp. 0.06% 606 $537K No change
AMZN Amazon.com Inc. 0.05% 2,450 $457K No change
CI The Cigna Group 0.05% 1,210 $419K No change
UL Unilever PLC 0.04% 6,000 $390K No change
SCHH Schwab US REIT ETF 0.04% 16,411 $380K Reduce -2.7%
GOOG Alphabet Inc. Class C 0.04% 2,200 $368K No change
IYR iShares US Real Estate ETF 0.04% 3,100 $316K No change
EFA iShares MSCI Eafe ETF 0.04% 3,760 $314K No change
AGG iShares Core U.S. Aggregate 0.03% 2,791 $283K No change
UNH Unitedhealth Group Inc. 0.03% 460 $269K No change

Portfolio Sells Q2 2024 → Q3 2024
ATKR Atkore Inc. Sold out 0.00% −3.79
REVG Rev Group Inc. Reduce -70.7% 0.43% −0.89
ABG Asbury Automotive Group Sold out 0.00% −0.85
ITGR Integer Holdings Corp. Sold out 0.00% −0.71
VECO Veeco Instruments Inc. Sold out 0.00% −0.59
AEIS Advanced Energy Industries Sold out 0.00% −0.58
LITE Lumentum Holdings Inc. Sold out 0.00% −0.52
FUL H.B. Fuller Co. Reduce -45.8% 0.61% −0.49
AMK Assetmark Financial Holdings Sold out 0.00% −0.41
RCM R1 RCM Inc. Sold out 0.00% −0.41
MBC Masterbrand Inc. Sold out 0.00% −0.37
MOD Modine Manufacturing Co. Reduce -52.9% 0.54% −0.33
COHR Coherent Corp. Reduce -38.3% 0.96% −0.32
CIVI Civitas Resources Inc. Reduce -5.7% 0.70% −0.32
AAP Advance Auto Parts Inc. Reduce -5.9% 0.43% −0.32
ELAN Elanco Animal Health Inc. Reduce -44.6% 0.38% −0.30
SYNA Synaptics Inc. Sold out 0.00% −0.30
KD Kyndryl Holdings Inc. Reduce -5.9% 0.97% −0.22
PR Permian Resources Corp. Class A Reduce -6.8% 0.75% −0.22
PTEN Patterson-Uti Energy Inc. Reduce -5.9% 0.46% −0.21
AIR Aar Corp. Reduce -5.8% 1.00% −0.19
VRNT Verint Systems Inc. Reduce -5.9% 0.52% −0.19
CHRD Chord Energy Corp. Reduce -6.8% 0.48% −0.19
OTTR Otter Tail Corp. Reduce -5.8% 0.90% −0.18
ACH Accendra Health Inc. Reduce -40.0% 0.38% −0.17
NXST Nexstar Media Group Inc. Reduce -5.9% 4.92% −0.14
RRC Range Resources Corp. Reduce -5.9% 0.79% −0.14
MRVI Maravai Lifesciences Hldgs-A Sold out 0.00% −0.14
ETRN Equitrans Midstream Corp. Sold out 0.00% −0.14
CHX Championx Corp. Reduce -5.8% 0.68% −0.12
HGV Hilton Grand Vacations Inc. Reduce -5.8% 0.49% −0.10
EPC Edgewell Personal Care Co. Reduce -5.8% 0.48% −0.09
FHN First Horizon Corp. Reduce -5.9% 0.93% −0.09
AHRT Ah Realty Trust Inc. Reduce -6.1% 0.82% −0.08
SKYW Skywest Inc. Reduce -5.9% 2.17% −0.08
NOG Northern Oil and Gas Inc. Reduce -5.7% 0.61% −0.08
MIRM Mirum Pharmaceuticals Inc. Reduce -37.3% 0.17% −0.07
PLXS Plexus Corp. Reduce -30.6% 0.66% −0.07
JACK Jack in the Box Inc. Reduce -5.8% 0.36% −0.06
OMF Onemain Holdings Inc. Reduce -5.7% 0.58% −0.06
SKX Skechers USA Inc. Class A Reduce -5.9% 0.41% −0.05
FNB FNB Corp. Reduce -5.8% 1.04% −0.04
KFRC Kforce Inc. Reduce -5.9% 0.49% −0.04
MGY Magnolia Oil & Gas Corp. Class A Reduce -6.7% 0.32% −0.04
VRRM Verra Mobility Corp. Reduce -5.8% 0.79% −0.04
MTRN Materion Corp. Reduce -5.9% 0.96% −0.04
THRY Thryv Holdings Inc. Reduce -5.9% 0.32% −0.04
PEB Pebblebrook Hotel Trust Reduce -6.4% 0.26% −0.03
LADR Ladder Capital Corp.-REIT Reduce -5.8% 0.65% −0.03
AM Antero Midstream Corp. Reduce -5.8% 0.47% −0.02

Portfolio Buys Q2 2024 → Q3 2024
COLB Columbia Banking System Inc. New 0.72% +0.72
SANM Sanmina Corp. New 0.60% +0.60
TTMI TTM Technologies New 0.60% +0.60
ADC Agree Realty Corp. Add +74.9% 0.90% +0.47
BKH Black Hills Corp. Add +40.7% 1.26% +0.45
MTH Meritage Homes Corp. New 0.44% +0.44
KRG Kite Realty Group Trust New 0.44% +0.44
CHCT Community Healthcare Trust I New 0.42% +0.42
LYTS Lsi Industries Inc. New 0.41% +0.41
SAH Sonic Automotive Inc. Class A New 0.41% +0.41
QDEL Quidelortho Corp. New 0.40% +0.40
SLG SL Green Realty Corp. Add +52.5% 0.87% +0.40
TWO Two Harbors Investment Corp. New 0.40% +0.40
MKSI MKS Inc. New 0.39% +0.39
SRDX Surmodics Inc. New 0.39% +0.39
CRGY Crescent Energy Inc. Class A New 0.38% +0.38
BGC BGC Group Inc. Class A New 0.38% +0.38
PPBI Pacific Premier Bancorp Inc. Add +65.8% 0.79% +0.35
KMPR Kemper Corp. Add +37.4% 1.16% +0.33
CDMO Avid Bioservices Inc. New 0.24% +0.24
POR Portland General Electric Co. Add +18.0% 1.05% +0.24
VCYT Veracyte Inc. New 0.20% +0.20
ATSG Air Transport Services Group Add +49.4% 0.41% +0.17
EQT Eqt Corp. New 0.13% +0.13
ACHC Acadia Healthcare Co. Inc. Add +36.0% 0.52% +0.11

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 153$720.7MDCO, AMRX, AIR, MTRN, SNEX
Q1 2026 155$636.9MAMRX, CASH, AIR, WTFC, SNEX
Q4 2025Amended 148$768.9MWTFC, AMRX, NXST, SKYW, COLB
Q3 2025 147$771.4MCVSA, PRIM, WTFC, NXST, TTMI
Q2 2025 142$695.3MSKYW, TTMI, CVSA, WTFC, CASH
Q1 2025 145$652.2MSKYW, WTFC, NXST, CVSA, CASH
Q4 2024Amended 154$748.8MSKYW, PRIM, WTFC, CRS, KD
Q3 2024 138$887.2MSTRL, BOOT, NXST, SKYW, PRIM
Q2 2024 134$876.8MSTRL, BOOT, NXST, ATKR, SKYW
Q1 2024Amended 142$887.4MSTRL, ATKR, NXST, BOOT, MTRN