QSV Equity Investors LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), QSV Equity Investors LLC reported 87 stock positions worth $106.6 million. Its top holding was Doximity Class A (DOCS) at 2.5% of the portfolio, followed by Innoviva (INVA, 2.5%) and Progress Software (PRGS, 2.3%). Compared with Q2 2024, it opened 8 new positions, sold out of 1, added to 7 and reduced 12. The biggest buy was a new position in MGP Ingredients (MGPI) and the biggest sale Napco Security Technologies (NSSC, shares −31%).

Most Recent 13F
Q4 2025
Location
LOMBARD, IL
CIK
0002011250
Portfolio Value
$106.6M (Q3 2024)
SEC Filing
0002011250-24-000011 ↗ filed Nov 14, 2024

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $103.9M Q1 2024 Q2 2024: $95.8M Q2 2024 Q3 2024: $106.6M $106.6M Q3 2024 Q4 2024: $104.0M Q4 2024 Q1 2025: $96.6M Q1 2025 Q2 2025: $96.0M Q2 2025 Q3 2025: $97.9M Q3 2025 Q4 2025: $67.6M Q4 2025

Holdings 87 stocks · $106.6M

DOCS Doximity Inc. Class A 2.48% 60,577 $2.6M No change
INVA Innoviva Inc. 2.45% 135,439 $2.6M Reduce -0.1%
PRGS Progress Software Corp. 2.30% 36,356 $2.4M No change
BRC Brady Corporation Class A 2.23% 31,032 $2.4M No change
NSA National Storage Affiliates 2.17% 47,993 $2.3M No change
WD Walker & Dunlop Inc. 2.15% 20,182 $2.3M No change
GBCI Glacier Bancorp Inc. 2.12% 49,488 $2.3M Reduce -0.2%
DORM Dorman Products Inc. 2.09% 19,731 $2.2M No change
HWKN Hawkins Inc. 2.08% 17,407 $2.2M Reduce -25.6%
OZK Bank Ozk 2.07% 51,419 $2.2M Add +11.3%
FBK FB Financial Corp. filed as FB FINL CORP 1.94% 44,149 $2.1M No change
EVR Evercore Inc. Class A 1.90% 7,999 $2.0M No change
PRI Primerica Inc. 1.88% 7,556 $2.0M No change
CNS Cohen & Steers Inc. 1.86% 20,708 $2.0M Reduce -18.3%
RLI Rli Corp. 1.81% 12,471 $1.9M No change
EXLS Exlservice Holdings Inc. 1.77% 49,439 $1.9M No change
MEDP Medpace Holdings Inc. 1.77% 5,649 $1.9M Reduce -4.2%
SBCF Seacoast Banking Corp. 1.76% 70,528 $1.9M Add +19.1%
GTY Getty Realty Corp. 1.73% 57,820 $1.8M No change
ICFI Icf International Inc. 1.63% 10,399 $1.7M No change
VSTS Vestis Corp. 1.61% 115,561 $1.7M No change
ASTH Astrana Health Inc. 1.61% 29,596 $1.7M No change
NXRT Nexpoint Residential 1.61% 38,899 $1.7M Add +1.1%
CPRX Catalyst Pharmaceuticals Inc. 1.57% 84,137 $1.7M No change
UFPI Ufp Industries Inc. 1.56% 12,638 $1.7M No change
ABM Abm Industries Inc. 1.54% 31,160 $1.6M Reduce -22.7%
MGPI MGP Ingredients Inc. 1.52% 19,482 $1.6M New
THG Hanover Insurance Group Inc./ 1.52% 10,942 $1.6M No change
CSGS CSG Systems Intl Inc. 1.52% 33,309 $1.6M No change
ALG Alamo Group Inc. 1.52% 8,982 $1.6M No change
ITRN Ituran Location and Control 1.51% 60,689 $1.6M No change
AEIS Advanced Energy Industries 1.48% 14,977 $1.6M No change
NSP Insperity Inc. 1.47% 17,860 $1.6M No change
MBUU Malibu Boats Inc. Class A 1.44% 39,522 $1.5M No change
PFC Premier Financial Corp. 1.43% 65,068 $1.5M Add +0.0%
PSTL Postal Realty Trust Inc. Class A 1.43% 104,218 $1.5M No change
KAI Kadant Inc. 1.43% 4,503 $1.5M Reduce -15.7%
ADUS Addus Homecare Corp. 1.42% 11,402 $1.5M Reduce -23.4%
NSSC Napco Security Technologies 1.41% 37,122 $1.5M Reduce -30.6%
WDFC WD-40 Co. 1.34% 5,557 $1.4M No change
EVTC Evertec Inc. 1.34% 42,195 $1.4M No change
IOSP Innospec Inc. 1.31% 12,324 $1.4M No change
AUDC Audiocodes Ltd. 1.26% 138,035 $1.3M No change
FTRE Fortrea Holdings Inc. 1.25% 66,667 $1.3M No change
FAF First American Financial 1.21% 19,491 $1.3M No change
NTST Netstreit Corp. 1.20% 77,533 $1.3M Add +1.6%
HWC Hancock Whitney Corp. 1.20% 24,963 $1.3M New
GNRC Generac Holdings Inc. 1.19% 8,000 $1.3M No change
USPH U.S. Physical Therapy Inc. 1.19% 14,941 $1.3M No change
AWR American States Water Co. filed as AMER STATES WTR CO 1.18% 15,134 $1.3M No change
HBNC Horizon Bancorp Inc. 1.16% 79,595 $1.2M No change
ZD Ziff Davis Inc. 1.16% 25,424 $1.2M No change
HELE Helen of Troy Ltd. 1.13% 19,553 $1.2M Add +59.8%
KLIC Kulicke & Soffa Industries 1.08% 25,467 $1.1M No change
GMED Globus Medical Inc. Class A 1.06% 15,736 $1.1M No change
SLP Simulations Plus Inc. 1.04% 34,756 $1.1M No change
CLB Core Laboratories Inc. 1.03% 59,185 $1.1M Reduce -25.4%
POWI Power Integrations Inc. 1.00% 16,557 $1.1M No change
CZNC Citizens & Northern Corp. 0.95% 51,484 $1.0M No change
BAH Booz Allen Hamilton Holdings 0.54% 3,507 $571K No change
MOAT Vaneck Morningstar Wide Moat 0.46% 5,103 $495K No change
CPAY Corpay Inc. 0.37% 1,275 $398K No change
OTIS Otis Worldwide Corp. 0.36% 3,695 $384K No change
LH Labcorp Holdings Inc. 0.36% 1,701 $380K New
ROL Rollins Inc. 0.33% 6,955 $352K No change
MTCH Match Group Inc. 0.32% 9,019 $341K No change
WST West Pharmaceutical Services 0.31% 1,086 $326K Add +18.4%
SNV Synovus Financial Corp. 0.30% 7,293 $324K No change
TYL Tyler Technologies Inc. 0.30% 551 $322K Reduce -16.0%
PAYC Paycom Software Inc. 0.30% 1,904 $317K New
JLL Jones Lang Lasalle Inc. 0.30% 1,175 $317K Reduce -10.2%
EGP Eastgroup Properties Inc. 0.29% 1,658 $310K No change
ZBRA Zebra Technologies Corp. Class A 0.29% 834 $309K No change
CHE Chemed Corp. 0.29% 509 $306K No change
BR Broadridge Financial Solutio 0.28% 1,372 $295K No change
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.28% 1,669 $295K No change
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.27% 3,416 $293K No change
MSA Msa Safety Inc. 0.25% 1,509 $268K No change
DOX Amdocs Ltd. 0.25% 3,049 $267K No change
GNTX Gentex Corp. 0.24% 8,766 $260K No change
LAMR Lamar Advertising Co. Class A 0.23% 1,833 $245K No change
MKTX Marketaxess Holdings Inc. 0.21% 891 $228K New
EPAM Epam Systems Inc. 0.20% 1,097 $218K No change
MPWR Monolithic Power Systems Inc. 0.20% 225 $208K New
CHKP Check Point Software Tech 0.19% 1,049 $202K New
JFR Nuveen Floating Rate Income 0.14% 16,576 $146K No change
EHI Western Asset Global High Inc. 0.08% 11,743 $82K New

Portfolio Sells Q2 2024 → Q3 2024

NSSC Napco Security Technologies Reduce -30.6% 1.41% −1.49
MEDP Medpace Holdings Inc. Reduce -4.2% 1.77% −0.77
CLB Core Laboratories Inc. Reduce -25.4% 1.03% −0.65
ABM Abm Industries Inc. Reduce -22.7% 1.54% −0.58
ADUS Addus Homecare Corp. Reduce -23.4% 1.42% −0.38
ICLR Icon PLC Sold out 0.00% −0.21
KAI Kadant Inc. Reduce -15.7% 1.43% −0.21
HWKN Hawkins Inc. Reduce -25.6% 2.08% −0.14
CNS Cohen & Steers Inc. Reduce -18.3% 1.86% −0.06
TYL Tyler Technologies Inc. Reduce -16.0% 0.30% −0.04
JLL Jones Lang Lasalle Inc. Reduce -10.2% 0.30% +0.02
INVA Innoviva Inc. Reduce -0.1% 2.45% +0.13
GBCI Glacier Bancorp Inc. Reduce -0.2% 2.12% +0.19

Portfolio Buys Q2 2024 → Q3 2024

MGPI MGP Ingredients Inc. New 1.52% +1.52
HWC Hancock Whitney Corp. New 1.20% +1.20
LH Labcorp Holdings Inc. New 0.36% +0.36
SBCF Seacoast Banking Corp. Add +19.1% 1.76% +0.30
PAYC Paycom Software Inc. New 0.30% +0.30
MKTX Marketaxess Holdings Inc. New 0.21% +0.21
MPWR Monolithic Power Systems Inc. New 0.20% +0.20
CHKP Check Point Software Tech New 0.19% +0.19
OZK Bank Ozk Add +11.3% 2.07% +0.10
EHI Western Asset Global High Inc. New 0.08% +0.08
PFC Premier Financial Corp. Add +0.0% 1.43% +0.04
NXRT Nexpoint Residential Add +1.1% 1.61% +0.02
WST West Pharmaceutical Services Add +18.4% 0.31% −0.01
HELE Helen of Troy Ltd. Add +59.8% 1.13% −0.05
NTST Netstreit Corp. Add +1.6% 1.20% −0.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2025 89$67.6MOZK, BRC, GMED, ITRN, CTRE
Q3 2025 92$97.9MOZK, GBCI, DORM, CSGS, BRC
Q2 2025 90$96.0MDORM, OZK, PRGS, CSGS, EXLS
Q1 2025 87$96.6MDORM, EXLS, OZK, BRC, GBCI
Q4 2024 85$104.0MDOCS, DORM, GBCI, PRGS, INVA
Q3 2024 87$106.6MDOCS, INVA, PRGS, BRC, NSA
Q2 2024 80$95.8MNSSC, MEDP, INVA, HWKN, BRC
Q1 2024 90$103.9MMEDP, NSSC, PUBM, WD, INVA