Phocas Financial Corp.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 1, 2026), Phocas Financial Corp. reported 155 stock positions worth $636.9 million. Its top holding was Amneal Pharmaceuticals (AMRX) at 2.0% of the portfolio, followed by Pathward Financial (CASH, 1.8%) and Aar (AIR, 1.7%). Compared with Q4 2025, it opened 22 new positions, sold out of 15, added to 8 and reduced 101. The biggest buy was a new position in Matador Resources (MTDR) and the biggest sale an exit from TTM Technologies (TTMI).

Most Recent 13F
Q2 2026
Location
ALAMEDA, CA
CIK
0001356783
Portfolio Value
$636.9M (Q1 2026)
SEC Filing
0001754960-26-000349 ↗ filed May 1, 2026

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 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 $636.9M Q1 2026 Q2 2026: $720.7M Q2 2026

Holdings 155 stocks · $636.9M
AMRX Amneal Pharmaceuticals Inc. 1.96% 1,002,664 $12.5M Reduce -21.9%
CASH Pathward Financial Inc. 1.82% 130,125 $11.6M Reduce -21.8%
AIR Aar Corp. 1.74% 101,511 $11.1M Reduce -21.7%
WTFC Wintrust Financial Corp. 1.72% 79,058 $11.0M Reduce -35.9%
SNEX Stonex Group Inc. 1.72% 135,949 $11.0M Reduce -0.2%
DCO Ducommun Inc. 1.72% 89,742 $10.9M Reduce -21.9%
ABCB Ameris Bancorp 1.67% 136,727 $10.7M Reduce -21.8%
COLB Columbia Banking System Inc. 1.60% 372,463 $10.2M Reduce -21.8%
SKYW Skywest Inc. 1.57% 109,135 $10.0M Reduce -22.0%
WTM White Mountains Insurance GP 1.48% 4,292 $9.4M Reduce -21.8%
PFBC Preferred Bank/Los Angeles 1.45% 101,657 $9.2M Reduce -21.7%
NESR National Energy Services Reu 1.40% 414,003 $8.9M Reduce -22.0%
TRNO Terreno Realty Corp. 1.36% 140,798 $8.6M Reduce -22.0%
BKH Black Hills Corp. 1.31% 119,835 $8.3M Reduce -22.2%
TCBI Texas Capital Bancshares Inc. 1.31% 87,645 $8.3M Reduce -21.8%
FRME First Merchants Corp. 1.29% 212,220 $8.2M Reduce -21.8%
FNB FNB Corp. 1.29% 489,684 $8.2M Reduce -21.8%
TPH Tri Pointe Homes Inc. 1.21% 164,999 $7.7M Reduce -21.7%
CHRD Chord Energy Corp. 1.20% 53,531 $7.6M Reduce -25.8%
SANM Sanmina Corp. 1.18% 57,959 $7.5M Reduce -22.0%
R Ryder System Inc. 1.13% 35,121 $7.2M Reduce -21.9%
CRS Carpenter Technology 1.12% 18,059 $7.1M Reduce -22.0%
MTRN Materion Corp. 1.10% 48,613 $7.0M Reduce -22.0%
TKR Timken Co. 1.10% 69,355 $7.0M Reduce -22.0%
PRIM Primoris Services Corp. 1.09% 48,704 $7.0M Reduce -22.1%
OTTR Otter Tail Corp. 1.05% 76,483 $6.7M Reduce -21.7%
MTDR Matador Resources Co. 1.05% 105,618 $6.7M New
AM Antero Midstream Corp. 1.02% 286,191 $6.5M Reduce -21.8%
NFG National Fuel Gas Co. 1.02% 68,857 $6.5M Reduce -22.2%
PTEN Patterson-Uti Energy Inc. 1.01% 596,671 $6.5M New
ONB Old National Bancorp 1.00% 289,354 $6.4M Reduce -21.8%
IDA Idacorp Inc. 0.99% 44,202 $6.3M Reduce -22.0%
MGY Magnolia Oil & Gas Corp. Class A 0.99% 199,397 $6.3M Reduce -25.1%
TDS Telephone and Data Systems 0.99% 149,225 $6.3M New
RHP Ryman Hospitality Properties 0.98% 67,745 $6.3M Reduce -21.4%
ALRS Alerus Financial Corp. 0.97% 260,896 $6.2M Reduce -22.0%
CVSA Covista Inc. 0.97% 53,635 $6.2M Reduce -57.5%
NGS Natural Gas Services Group 0.96% 162,465 $6.1M Add +271.9%
NPO Enpro Inc. 0.96% 24,437 $6.1M Reduce -21.8%
TXNM TXNM Energy Inc. 0.95% 103,269 $6.0M Reduce -19.8%
SAH Sonic Automotive Inc. Class A 0.94% 87,718 $6.0M Reduce -21.9%
AUB Atlantic Union Bankshares Co. 0.93% 165,445 $5.9M Add +56.2%
TEX Terex Corp. 0.92% 99,654 $5.9M New
MKSI MKS Inc. 0.92% 25,520 $5.9M Reduce -65.2%
URBN Urban Outfitters Inc. 0.91% 91,209 $5.8M Add +40.1%
FFIN First Finl Bankshares Inc. 0.90% 195,562 $5.8M Add +66.2%
KTB Kontoor Brands Inc. 0.90% 81,556 $5.7M Reduce -21.9%
ABBV Abbvie Inc. 0.90% 26,239 $5.7M No change
EFSC Enterprise Financial Service 0.89% 104,362 $5.6M Reduce -21.8%
OPCH Option Care Health Inc. 0.88% 208,974 $5.6M Add +59.9%
MD Pediatrix Medical Group Inc. 0.88% 261,780 $5.6M Reduce -22.0%
CSR Centerspace 0.88% 97,454 $5.6M Reduce -21.4%
AVNT Avient Corp. 0.88% 153,687 $5.6M Add +185.3%
VIAV Viavi Solutions Inc. 0.86% 165,059 $5.5M Reduce -22.0%
SLG SL Green Realty Corp. 0.85% 146,318 $5.4M Add +36.3%
BANR Banner Corporation 0.85% 88,710 $5.4M Reduce -21.8%
BGC BGC Group Inc. Class A 0.84% 549,320 $5.4M Reduce -21.8%
HL Hecla Mining Co. 0.84% 285,609 $5.3M Reduce -54.2%
GIII G-III Apparel Group Ltd. 0.83% 191,058 $5.3M Reduce -21.8%
KRG Kite Realty Group Trust 0.83% 215,132 $5.3M Reduce -21.8%
NXST Nexstar Media Group Inc. 0.81% 28,358 $5.1M Reduce -62.8%
ADT Adt Inc. 0.80% 778,244 $5.1M Reduce -4.3%
RAL Ralliant Corp. 0.80% 122,532 $5.1M Reduce -22.0%
BDC Belden Inc. 0.79% 43,899 $5.0M Reduce -2.9%
CHCT Community Healthcare Trust I 0.78% 312,497 $5.0M Reduce -21.7%
IRT Independence Realty Trust Inc. 0.66% 283,010 $4.2M Reduce -21.5%
PENG Penguin Solutions Inc. 0.64% 230,769 $4.1M Reduce -21.9%
CALM Cal-Maine Foods Inc. 0.63% 50,339 $4.0M Reduce -21.9%
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.61% 38,876 $3.9M Reduce -22.0%
UMBF Umb Financial Corp. 0.60% 33,952 $3.8M Reduce -21.8%
LFUS Littelfuse Inc. 0.57% 10,757 $3.7M New
PLAB Photronics Inc. 0.57% 90,213 $3.6M New
LADR Ladder Capital Corp.-REIT 0.57% 371,710 $3.6M Reduce -21.7%
ESI Element Solutions Inc. 0.57% 106,286 $3.6M New
KN Knowles Corp. 0.56% 137,752 $3.5M Add +213.6%
ANGO Angiodynamics Inc. 0.55% 308,146 $3.5M Reduce -49.2%
UNFI United Natural Foods Inc. 0.54% 76,532 $3.4M New
ELAN Elanco Animal Health Inc. 0.54% 142,521 $3.4M Reduce -22.0%
MDU Mdu Resources Group Inc. 0.53% 163,936 $3.4M Reduce -22.0%
APAM Artisan Partners Asset Ma -A 0.52% 91,229 $3.3M Reduce -21.8%
SUPN Supernus Pharmaceuticals Inc. 0.51% 63,413 $3.3M Reduce -22.0%
SR Spire Inc. 0.51% 35,767 $3.2M Reduce -22.1%
LYTS Lsi Industries Inc. 0.50% 172,190 $3.2M Reduce -21.6%
CALY Callaway Golf Company 0.50% 230,490 $3.2M New
CON Concentra Group Holdings Par 0.50% 148,764 $3.2M Reduce -21.8%
BNL Broadstone Net Lease Inc. 0.50% 172,702 $3.2M New
BHE Benchmark Electronics Inc. 0.49% 56,108 $3.1M New
CLF Cleveland-Cliffs Inc. 0.49% 370,421 $3.1M Reduce -22.0%
FUL H.B. Fuller Co. filed as FULLER H B CO 0.49% 50,683 $3.1M Reduce -21.8%
VSH Vishay Intertechnology Inc. 0.49% 173,537 $3.1M New
CRGY Crescent Energy Inc. Class A 0.49% 231,253 $3.1M Reduce -22.0%
FLG Flagstar Bank NA 0.49% 236,082 $3.1M New
SHC Sotera Health Co. 0.49% 216,635 $3.1M Reduce -21.8%
FIBK First Interstate Bancsys-A 0.48% 91,894 $3.1M New
BELFB Bel Fuse Inc. Class B 0.47% 15,277 $3.0M Reduce -33.8%
MAC The Macerich Co. 0.47% 157,961 $3.0M Reduce -21.9%
CBK Commercial Bancgroup Inc. 0.47% 114,595 $3.0M Reduce -22.0%
VC Visteon Corp. 0.47% 32,691 $3.0M New
AAP Advance Auto Parts Inc. 0.45% 54,432 $2.9M Reduce -21.9%
GFF Griffon Corp. 0.43% 37,381 $2.7M Reduce -22.0%

Show all 155 holdings

Portfolio Sells Q4 2025 → Q1 2026
TTMI TTM Technologies Sold out 0.00% −1.48
NXST Nexstar Media Group Inc. Reduce -62.8% 0.81% −1.21
OMF Onemain Holdings Inc. Sold out 0.00% −1.17
REVG Rev Group Inc. Sold out 0.00% −1.03
ADC Agree Realty Corp. Sold out 0.00% −0.95
VRRM Verra Mobility Corp. Sold out 0.00% −0.82
CVSA Covista Inc. Reduce -57.5% 0.97% −0.73
HL Hecla Mining Co. Reduce -54.2% 0.84% −0.72
MKSI MKS Inc. Reduce -65.2% 0.92% −0.60
PRM Perimeter Solutions Inc. Sold out 0.00% −0.59
RRC Range Resources Corp. Sold out 0.00% −0.58
WTFC Wintrust Financial Corp. Reduce -35.9% 1.72% −0.52
CCB Coastal Financial Corp. Sold out 0.00% −0.51
KD Kyndryl Holdings Inc. Sold out 0.00% −0.49
ANGO Angiodynamics Inc. Reduce -49.2% 0.55% −0.46
THS Treehouse Foods Inc. Sold out 0.00% −0.46
MDXG Mimedx Group Inc. Sold out 0.00% −0.43
ROCK Gibraltar Industries Inc. Sold out 0.00% −0.36
HRI Herc Holdings Inc. Reduce -22.0% 0.61% −0.35
CLF Cleveland-Cliffs Inc. Reduce -22.0% 0.49% −0.33
CRNX Crinetics Pharmaceuticals Inc. Sold out 0.00% −0.33
QDEL Quidelortho Corp. Reduce -21.8% 0.34% −0.29
SANM Sanmina Corp. Reduce -22.0% 1.18% −0.27
CRMD Cormedix Inc. Sold out 0.00% −0.26
SKYW Skywest Inc. Reduce -22.0% 1.57% −0.25
RAL Ralliant Corp. Reduce -22.0% 0.80% −0.24
GSHD Goosehead Insurance Inc. Class A Reduce -22.0% 0.26% −0.22
CSR Centerspace Reduce -21.4% 0.88% −0.20
IRT Independence Realty Trust Inc. Reduce -21.5% 0.66% −0.16
SHC Sotera Health Co. Reduce -21.8% 0.49% −0.15
PFBC Preferred Bank/Los Angeles Reduce -21.7% 1.45% −0.15
AMRX Amneal Pharmaceuticals Inc. Reduce -21.9% 1.96% −0.15
COLB Columbia Banking System Inc. Reduce -21.8% 1.60% −0.13
PENG Penguin Solutions Inc. Reduce -21.9% 0.64% −0.11
LADR Ladder Capital Corp.-REIT Reduce -21.7% 0.57% −0.11
FNB FNB Corp. Reduce -21.8% 1.29% −0.11
BOOT Boot Barn Holdings Inc. Reduce -21.6% 0.38% −0.10
LZB La-Z-Boy Inc. Reduce -21.7% 0.43% −0.10
APAM Artisan Partners Asset Ma -A Reduce -21.8% 0.52% −0.10
GIII G-III Apparel Group Ltd. Reduce -21.8% 0.83% −0.09
PCRX Pacira Biosciences Inc. Reduce -21.9% 0.41% −0.09
BKH Black Hills Corp. Reduce -22.2% 1.31% −0.08
JJSF J & J Snack Foods Corp. Reduce -22.0% 0.39% −0.08
BANR Banner Corporation Reduce -21.8% 0.85% −0.08
RHP Ryman Hospitality Properties Reduce -21.4% 0.98% −0.08
ACAD Acadia Pharmaceuticals Inc. Reduce -21.8% 0.28% −0.08
VCYT Veracyte Inc. Reduce -21.8% 0.20% −0.08
CHCT Community Healthcare Trust I Reduce -21.7% 0.78% −0.07
ONB Old National Bancorp Reduce -21.8% 1.00% −0.07
CUZ Cousins Properties Inc. Reduce -21.9% 0.32% −0.07

Portfolio Buys Q4 2025 → Q1 2026
MTDR Matador Resources Co. New 1.05% +1.05
PTEN Patterson-Uti Energy Inc. New 1.01% +1.01
TDS Telephone and Data Systems New 0.99% +0.99
TEX Terex Corp. New 0.92% +0.92
NGS Natural Gas Services Group Add +271.9% 0.96% +0.77
AVNT Avient Corp. Add +185.3% 0.88% +0.66
LFUS Littelfuse Inc. New 0.57% +0.57
PLAB Photronics Inc. New 0.57% +0.57
ESI Element Solutions Inc. New 0.57% +0.57
UNFI United Natural Foods Inc. New 0.54% +0.54
CALY Callaway Golf Company New 0.50% +0.50
BNL Broadstone Net Lease Inc. New 0.50% +0.50
BHE Benchmark Electronics Inc. New 0.49% +0.49
VSH Vishay Intertechnology Inc. New 0.49% +0.49
FLG Flagstar Bank NA New 0.49% +0.49
FIBK First Interstate Bancsys-A New 0.48% +0.48
VC Visteon Corp. New 0.47% +0.47
FFIN First Finl Bankshares Inc. Add +66.2% 0.90% +0.45
AUB Atlantic Union Bankshares Co. Add +56.2% 0.93% +0.44
KN Knowles Corp. Add +213.6% 0.56% +0.43
OPCH Option Care Health Inc. Add +59.9% 0.88% +0.34
URBN Urban Outfitters Inc. Add +40.1% 0.91% +0.27
ZVRA Zevra Therapeutics Inc. New 0.23% +0.23
IWN iShares Russell 2000 Value E New 0.23% +0.23
SLG SL Green Realty Corp. Add +36.3% 0.85% +0.21
ADMA Adma Biologics Inc. New 0.14% +0.14
STRL Sterling Infrastructure Inc. New 0.04% +0.04
CVX Chevron Corp. New 0.04% +0.04
CAT Caterpillar Inc. New 0.03% +0.03
WELL Welltower Inc. New 0.03% +0.03

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