Phocas Financial Corp.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 31, 2026), Phocas Financial Corp. reported 153 stock positions worth $720.7 million. Its top holding was Ducommun (DCO) at 2.2% of the portfolio, followed by Amneal Pharmaceuticals (AMRX, 2.0%) and Aar (AIR, 1.9%). Compared with Q1 2026, it opened 15 new positions, sold out of 17, added to 11 and reduced 103. The biggest buy was Ralliant (RAL, shares +34%) and the biggest sale an exit from Tri Pointe Homes (TPH).

Most Recent 13F
Q2 2026
Location
ALAMEDA, CA
CIK
0001356783
Portfolio Value
$720.7M (Q2 2026)
SEC Filing
0001754960-26-000676 ↗ filed Jul 31, 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 Q1 2026 Q2 2026: $720.7M $720.7M Q2 2026

Holdings 153 stocks · $720.7M
DCO Ducommun Inc. 2.19% 85,367 $15.8M Reduce -4.9%
AMRX Amneal Pharmaceuticals Inc. 1.97% 819,476 $14.2M Reduce -18.3%
AIR Aar Corp. 1.91% 96,446 $13.8M Reduce -5.0%
MTRN Materion Corp. 1.91% 46,207 $13.7M Reduce -5.0%
SNEX Stonex Group Inc. 1.71% 103,699 $12.3M Reduce -23.7%
RAL Ralliant Corp. 1.68% 163,960 $12.1M Add +33.8%
WTFC Wintrust Financial Corp. 1.67% 74,921 $12.0M Reduce -5.2%
NESR National Energy Services Reu 1.63% 393,666 $11.8M Reduce -4.9%
ABCB Ameris Bancorp 1.63% 129,952 $11.7M Reduce -5.0%
COLB Columbia Banking System Inc. 1.57% 353,629 $11.3M Reduce -5.1%
ALRS Alerus Financial Corp. 1.53% 354,155 $11.0M Add +35.8%
CASH Pathward Financial Inc. 1.49% 123,662 $10.8M Reduce -5.0%
CRS Carpenter Technology 1.47% 17,154 $10.6M Reduce -5.0%
SKYW Skywest Inc. 1.43% 103,670 $10.3M Reduce -5.0%
PFBC Preferred Bank/Los Angeles 1.42% 96,557 $10.3M Reduce -5.0%
TKR Timken Co. 1.33% 65,888 $9.6M Reduce -5.0%
AUB Atlantic Union Bankshares Co. 1.24% 211,179 $8.9M Add +27.6%
FNB FNB Corp. 1.23% 465,226 $8.9M Reduce -5.0%
FRME First Merchants Corp. 1.22% 201,603 $8.8M Reduce -5.0%
R Ryder System Inc. 1.22% 33,371 $8.8M Reduce -5.0%
NPO Enpro Inc. 1.21% 23,219 $8.8M Reduce -5.0%
TRNO Terreno Realty Corp. 1.20% 133,780 $8.7M Reduce -5.0%
TCBI Texas Capital Bancshares Inc. 1.19% 83,289 $8.6M Reduce -5.0%
BKH Black Hills Corp. 1.18% 113,884 $8.5M Reduce -5.0%
WTM White Mountains Insurance GP 1.17% 4,078 $8.5M Reduce -5.0%
RHP Ryman Hospitality Properties 1.15% 64,311 $8.3M Reduce -5.1%
PENG Penguin Solutions Inc. 1.07% 101,015 $7.7M Reduce -56.2%
MKSI MKS Inc. 1.05% 16,990 $7.6M Reduce -33.4%
BHE Benchmark Electronics Inc. 1.02% 74,395 $7.3M Add +32.6%
SLG SL Green Realty Corp. 1.00% 139,040 $7.2M Reduce -5.0%
ONB Old National Bancorp 0.99% 274,955 $7.1M Reduce -5.0%
SAH Sonic Automotive Inc. Class A 0.98% 83,342 $7.1M Reduce -5.0%
SANM Sanmina Corp. 0.97% 27,754 $7.0M Reduce -52.1%
FLG Flagstar Bank NA 0.97% 469,335 $7.0M Add +98.8%
VSH Vishay Intertechnology Inc. 0.96% 127,996 $6.9M Reduce -26.2%
TEX Terex Corp. 0.95% 94,675 $6.9M Reduce -5.0%
MDU Mdu Resources Group Inc. 0.95% 322,253 $6.8M Add +96.6%
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.95% 47,577 $6.8M Add +22.4%
NGS Natural Gas Services Group 0.92% 154,426 $6.7M Reduce -5.0%
ABBV Abbvie Inc. 0.91% 26,200 $6.6M Reduce -0.1%
OTTR Otter Tail Corp. 0.91% 72,681 $6.5M Reduce -5.0%
EFSC Enterprise Financial Service 0.91% 99,188 $6.5M Reduce -5.0%
KTB Kontoor Brands Inc. 0.89% 77,376 $6.4M Reduce -5.1%
FFIN First Finl Bankshares Inc. 0.89% 185,800 $6.4M Reduce -5.0%
IDA Idacorp Inc. 0.88% 42,000 $6.4M Reduce -5.0%
CVSA Covista Inc. 0.88% 50,902 $6.3M Reduce -5.1%
MD Pediatrix Medical Group Inc. 0.87% 248,762 $6.3M Reduce -5.0%
AM Antero Midstream Corp. 0.86% 272,106 $6.2M Reduce -4.9%
URBN Urban Outfitters Inc. 0.85% 86,532 $6.1M Reduce -5.1%
GIII G-III Apparel Group Ltd. 0.85% 181,453 $6.1M Reduce -5.0%
VC Visteon Corp. 0.83% 60,446 $6.0M Add +84.9%
KRG Kite Realty Group Trust 0.81% 204,464 $5.8M Reduce -5.0%
CHRD Chord Energy Corp. 0.80% 50,290 $5.7M Reduce -6.0%
BANR Banner Corporation 0.78% 84,286 $5.6M Reduce -5.0%
BGC BGC Group Inc. Class A 0.77% 522,276 $5.6M Reduce -4.9%
TXNM TXNM Energy Inc. 0.77% 97,364 $5.5M Reduce -5.7%
KN Knowles Corp. 0.75% 130,941 $5.4M Reduce -4.9%
CHCT Community Healthcare Trust I 0.75% 296,939 $5.4M Reduce -5.0%
AVNT Avient Corp. 0.75% 145,980 $5.4M Reduce -5.0%
TDS Telephone and Data Systems 0.73% 141,651 $5.2M Reduce -5.1%
CSR Centerspace 0.72% 92,494 $5.2M Reduce -5.1%
NFG National Fuel Gas Co. 0.70% 65,417 $5.1M Reduce -5.0%
MTDR Matador Resources Co. 0.69% 100,080 $5.0M Reduce -5.2%
BELFB Bel Fuse Inc. Class B 0.67% 14,521 $4.8M Reduce -5.0%
ESI Element Solutions Inc. 0.67% 101,032 $4.8M Reduce -4.9%
ADT Adt Inc. 0.67% 738,914 $4.8M Reduce -5.0%
MGY Magnolia Oil & Gas Corp. Class A 0.67% 187,730 $4.8M Reduce -5.8%
NXST Nexstar Media Group Inc. 0.66% 26,658 $4.8M Reduce -6.0%
LFUS Littelfuse Inc. 0.65% 10,225 $4.7M Reduce -5.0%
UMBF Umb Financial Corp. 0.64% 32,273 $4.6M Reduce -5.0%
IRT Independence Realty Trust Inc. 0.62% 268,847 $4.5M Reduce -5.0%
LYTS Lsi Industries Inc. 0.60% 163,716 $4.4M Reduce -4.9%
ZVRA Zevra Therapeutics Inc. 0.59% 295,907 $4.2M Add +85.6%
HL Hecla Mining Co. 0.58% 271,410 $4.2M Reduce -5.0%
CON Concentra Group Holdings Par 0.58% 140,334 $4.2M Reduce -5.7%
OPCH Option Care Health Inc. 0.58% 198,032 $4.2M Reduce -5.2%
CALY Callaway Golf Company 0.57% 218,836 $4.1M Reduce -5.1%
CALM Cal-Maine Foods Inc. 0.53% 47,775 $3.8M Reduce -5.1%
ANGO Angiodynamics Inc. 0.53% 292,510 $3.8M Reduce -5.1%
GRBK Green Brick Partners Inc. 0.53% 47,335 $3.8M New
MAC The Macerich Co. 0.52% 150,152 $3.8M Reduce -4.9%
PTCT PTC Therapeutics Inc. 0.52% 46,170 $3.8M Add +132.3%
WLY Wiley (john) & Sons Class A 0.51% 75,604 $3.7M New
SHC Sotera Health Co. 0.51% 205,662 $3.7M Reduce -5.1%
MCY Mercury General Corp. 0.50% 33,574 $3.6M New
CBK Commercial Bancgroup Inc. 0.49% 108,869 $3.5M Reduce -5.0%
LADR Ladder Capital Corp.-REIT 0.49% 353,122 $3.5M Reduce -5.0%
BDC Belden Inc. 0.49% 29,285 $3.5M Reduce -33.3%
UBSI United Bankshares Inc. 0.49% 76,327 $3.5M New
GFF Griffon Corp. 0.48% 35,518 $3.5M Reduce -5.0%
BCRX Biocryst Pharmaceuticals Inc. 0.47% 340,541 $3.4M Add +74.2%
BNL Broadstone Net Lease Inc. 0.47% 164,163 $3.4M Reduce -4.9%
NSIT Insight Enterprises Inc. 0.47% 27,759 $3.4M New
FIBK First Interstate Bancsys-A 0.47% 87,228 $3.4M Reduce -5.1%
ELAN Elanco Animal Health Inc. 0.46% 135,392 $3.3M Reduce -5.0%
CLF Cleveland-Cliffs Inc. 0.46% 352,206 $3.3M Reduce -4.9%
UNFI United Natural Foods Inc. 0.46% 72,346 $3.3M Reduce -5.5%
MUR Murphy Oil Corp. 0.46% 101,370 $3.3M New
HAE Haemonetics Corp. 0.45% 43,030 $3.2M New
AAP Advance Auto Parts Inc. 0.45% 51,698 $3.2M Reduce -5.0%
LZB La-Z-Boy Inc. 0.45% 80,161 $3.2M Reduce -5.0%
GOOGL Alphabet Inc. Class A 0.42% 8,524 $3.0M No change
MHO M/I Homes Inc. 0.42% 18,865 $3.0M Reduce -5.2%
FUL H.B. Fuller Co. filed as FULLER H B CO 0.39% 48,140 $2.8M Reduce -5.0%
SUPN Supernus Pharmaceuticals Inc. 0.39% 60,253 $2.8M Reduce -5.0%
SCHX Schwab US Large-Cap ETF 0.38% 93,009 $2.7M Reduce -3.1%
SR Spire Inc. 0.37% 34,000 $2.7M Reduce -4.9%
CUZ Cousins Properties Inc. 0.36% 86,145 $2.6M Reduce -5.0%
AAPL Apple Inc. 0.35% 8,706 $2.5M Reduce -1.7%
NVDA Nvidia Corp. 0.35% 12,430 $2.5M Reduce -7.1%
NRIX Nurix Therapeutics Inc. 0.34% 99,589 $2.4M New
JJSF J & J Snack Foods Corp. 0.30% 29,908 $2.2M Reduce -4.9%
VCYT Veracyte Inc. 0.30% 37,297 $2.2M Reduce -5.0%
CYTK Cytokinetics Inc. 0.29% 24,634 $2.1M New
PTGX Protagonist Therapeutics Inc. 0.28% 16,378 $2.0M New
ACAD Acadia Pharmaceuticals Inc. 0.27% 77,245 $2.0M Reduce -5.0%
DNLI Denali Therapeutics Inc. 0.25% 71,197 $1.8M New
IDYA Ideaya Biosciences Inc. 0.25% 48,822 $1.8M New
ETN Eaton Corp. PLC 0.24% 4,090 $1.7M No change
MIRM Mirum Pharmaceuticals Inc. 0.24% 14,637 $1.7M New
MSFT Microsoft Corp. 0.21% 4,080 $1.5M No change
JNJ Johnson & Johnson 0.19% 5,449 $1.4M Reduce -1.2%
ARQT Arcutis Biotherapeutics Inc. 0.17% 47,746 $1.3M Reduce -5.1%
BRK.B Berkshire Hathaway Inc. Class B 0.16% 2,237 $1.1M No change
CSD Invesco S&P Spin-Off ETF 0.15% 7,400 $1.1M No change
SCHB Schwab US Broad Market ETF 0.15% 36,417 $1.1M No change
CRK Comstock Resources Inc. 0.11% 54,427 $812K No change
DOV Dover Corp. 0.11% 3,615 $811K No change
GOOG Alphabet Inc. Class C 0.11% 2,200 $777K No change
AMZN Amazon.com Inc. 0.08% 2,450 $584K No change
COST Costco Wholesale Corp. 0.08% 606 $567K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.07% 2,300 $528K No change
STRL Sterling Infrastructure Inc. 0.07% 575 $483K No change
PBF PBF Energy Inc. Class A 0.06% 9,523 $433K No change
SPG Simon Property Group Inc. 0.06% 1,891 $423K Reduce -17.5%
PANW Palo Alto Networks Inc. 0.06% 1,170 $399K New
EQIX Equinix Inc. 0.06% 380 $396K Reduce -8.7%
SCHH Schwab US REIT ETF 0.05% 16,411 $389K No change
EFA iShares MSCI Eafe ETF 0.05% 3,520 $366K No change
PWR Quanta Services Inc. 0.05% 490 $353K No change
PLD Prologis Inc. 0.05% 2,544 $345K Reduce -8.3%
CI The Cigna Group 0.05% 1,210 $334K No change
UL Unilever PLC-Sponsored ADR 0.04% 5,333 $321K No change
CAT Caterpillar Inc. 0.04% 295 $314K No change
AVGO Broadcom Inc. 0.04% 782 $295K Reduce -13.1%
AGG iShares Core U.S. Aggregate 0.04% 2,791 $276K No change
BAC Bank of America Corp. 0.04% 4,640 $264K No change
JPM JPMorgan Chase & Co. 0.04% 798 $261K Reduce -6.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.04% 345 $258K No change
IYR iShares US Real Estate ETF 0.03% 2,350 $240K No change
AMT American Tower Corp. 0.03% 1,363 $223K Reduce -8.7%
WELL Welltower Inc. 0.03% 943 $214K Reduce -9.2%
SCHM Schwab US Mid Cap ETF 0.03% 5,637 $208K New

Portfolio Sells Q1 2026 → Q2 2026
TPH Tri Pointe Homes Inc. Sold out 0.00% −1.21
PRIM Primoris Services Corp. Sold out 0.00% −1.09
PTEN Patterson-Uti Energy Inc. Sold out 0.00% −1.01
VIAV Viavi Solutions Inc. Sold out 0.00% −0.86
PLAB Photronics Inc. Sold out 0.00% −0.57
APAM Artisan Partners Asset Ma -A Sold out 0.00% −0.52
CRGY Crescent Energy Inc. Class A Sold out 0.00% −0.49
CPK Chesapeake Utilities Corp. Sold out 0.00% −0.41
PCRX Pacira Biosciences Inc. Sold out 0.00% −0.41
CHRD Chord Energy Corp. Reduce -6.0% 0.80% −0.40
BOOT Boot Barn Holdings Inc. Sold out 0.00% −0.38
MTDR Matador Resources Co. Reduce -5.2% 0.69% −0.36
QDEL Quidelortho Corp. Sold out 0.00% −0.34
CASH Pathward Financial Inc. Reduce -5.0% 1.49% −0.33
MGY Magnolia Oil & Gas Corp. Class A Reduce -5.8% 0.67% −0.32
NFG National Fuel Gas Co. Reduce -5.0% 0.70% −0.32
WTM White Mountains Insurance GP Reduce -5.0% 1.17% −0.31
OPCH Option Care Health Inc. Reduce -5.2% 0.58% −0.31
BDC Belden Inc. Reduce -33.3% 0.49% −0.30
CRC California Resources Corp. Sold out 0.00% −0.27
GSHD Goosehead Insurance Inc. Class A Sold out 0.00% −0.26
TDS Telephone and Data Systems Reduce -5.1% 0.73% −0.26
HL Hecla Mining Co. Reduce -5.0% 0.58% −0.25
IWN iShares Russell 2000 Value E Sold out 0.00% −0.23
SANM Sanmina Corp. Reduce -52.1% 0.97% −0.21
TXNM TXNM Energy Inc. Reduce -5.7% 0.77% −0.18
AM Antero Midstream Corp. Reduce -4.9% 0.86% −0.17
CSR Centerspace Reduce -5.1% 0.72% −0.16
TRNO Terreno Realty Corp. Reduce -5.0% 1.20% −0.16
OTTR Otter Tail Corp. Reduce -5.0% 0.91% −0.15
SKYW Skywest Inc. Reduce -5.0% 1.43% −0.14
NXST Nexstar Media Group Inc. Reduce -6.0% 0.66% −0.14
SR Spire Inc. Reduce -4.9% 0.37% −0.14
ADMA Adma Biologics Inc. Sold out 0.00% −0.14
ADT Adt Inc. Reduce -5.0% 0.67% −0.14
BKH Black Hills Corp. Reduce -5.0% 1.18% −0.13
AVNT Avient Corp. Reduce -5.0% 0.75% −0.13
SUPN Supernus Pharmaceuticals Inc. Reduce -5.0% 0.39% −0.13
TCBI Texas Capital Bancshares Inc. Reduce -5.0% 1.19% −0.11
IDA Idacorp Inc. Reduce -5.0% 0.88% −0.11
FUL H.B. Fuller Co. Reduce -5.0% 0.39% −0.10
CALM Cal-Maine Foods Inc. Reduce -5.1% 0.53% −0.09
CVSA Covista Inc. Reduce -5.1% 0.88% −0.09
JJSF J & J Snack Foods Corp. Reduce -4.9% 0.30% −0.09
UNFI United Natural Foods Inc. Reduce -5.5% 0.46% −0.08
LADR Ladder Capital Corp.-REIT Reduce -5.0% 0.49% −0.08
ELAN Elanco Animal Health Inc. Reduce -5.0% 0.46% −0.07
BGC BGC Group Inc. Class A Reduce -4.9% 0.77% −0.07
FRME First Merchants Corp. Reduce -5.0% 1.22% −0.07
BANR Banner Corporation Reduce -5.0% 0.78% −0.07

Portfolio Buys Q1 2026 → Q2 2026
RAL Ralliant Corp. Add +33.8% 1.68% +0.87
ALRS Alerus Financial Corp. Add +35.8% 1.53% +0.56
GRBK Green Brick Partners Inc. New 0.53% +0.53
BHE Benchmark Electronics Inc. Add +32.6% 1.02% +0.52
WLY Wiley (john) & Sons Class A New 0.51% +0.51
MCY Mercury General Corp. New 0.50% +0.50
UBSI United Bankshares Inc. New 0.49% +0.49
FLG Flagstar Bank NA Add +98.8% 0.97% +0.48
NSIT Insight Enterprises Inc. New 0.47% +0.47
MUR Murphy Oil Corp. New 0.46% +0.46
HAE Haemonetics Corp. New 0.45% +0.45
MDU Mdu Resources Group Inc. Add +96.6% 0.95% +0.41
VC Visteon Corp. Add +84.9% 0.83% +0.36
ZVRA Zevra Therapeutics Inc. Add +85.6% 0.59% +0.36
HRI Herc Holdings Inc. Add +22.4% 0.95% +0.34
NRIX Nurix Therapeutics Inc. New 0.34% +0.34
AUB Atlantic Union Bankshares Co. Add +27.6% 1.24% +0.31
PTCT PTC Therapeutics Inc. Add +132.3% 0.52% +0.31
CYTK Cytokinetics Inc. New 0.29% +0.29
PTGX Protagonist Therapeutics Inc. New 0.28% +0.28
DNLI Denali Therapeutics Inc. New 0.25% +0.25
IDYA Ideaya Biosciences Inc. New 0.25% +0.25
MIRM Mirum Pharmaceuticals Inc. New 0.24% +0.24
BCRX Biocryst Pharmaceuticals Inc. Add +74.2% 0.47% +0.18
PANW Palo Alto Networks Inc. New 0.06% +0.06
SCHM Schwab US Mid Cap ETF 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