QSV Equity Investors LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), QSV Equity Investors LLC reported 90 stock positions worth $96.0 million. Its top holding was Dorman Products (DORM) at 2.5% of the portfolio, followed by Bank Ozk (OZK, 2.5%) and Progress Software (PRGS, 2.4%). Compared with Q1 2025, it opened 8 new positions, sold out of 5, added to 17 and reduced 52. The biggest buy was a new position in Haemonetics (HAE) and the biggest sale an exit from Medpace (MEDP).

Most Recent 13F
Q4 2025
Location
LOMBARD, IL
CIK
0002011250
Portfolio Value
$96.0M (Q2 2025)
SEC Filing
0002011250-25-000005 ↗ filed Aug 13, 2025

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 Q3 2024 Q4 2024: $104.0M Q4 2024 Q1 2025: $96.6M Q1 2025 Q2 2025: $96.0M $96.0M Q2 2025 Q3 2025: $97.9M Q3 2025 Q4 2025: $67.6M Q4 2025

Holdings 90 stocks · $96.0M
DORM Dorman Products Inc. 2.50% 19,526 $2.4M Reduce -1.2%
OZK Bank Ozk 2.48% 50,644 $2.4M Reduce -1.3%
PRGS Progress Software Corp. 2.39% 35,883 $2.3M Reduce -1.4%
CSGS CSG Systems Intl Inc. 2.25% 33,114 $2.2M Reduce -0.8%
EXLS Exlservice Holdings Inc. 2.23% 48,944 $2.1M Reduce -0.8%
EVR Evercore Inc. Class A 2.21% 7,852 $2.1M Reduce -1.6%
GBCI Glacier Bancorp Inc. 2.19% 48,842 $2.1M Reduce -1.2%
BRC Brady Corporation Class A 2.17% 30,705 $2.1M Reduce -1.3%
PRI Primerica Inc. 2.15% 7,543 $2.1M Reduce -0.4%
SBCF Seacoast Banking Corp. 1.99% 69,089 $1.9M Reduce -1.8%
ITRN Ituran Location and Control 1.98% 49,131 $1.9M Reduce -0.9%
THG Hanover Insurance Group Inc./ 1.91% 10,762 $1.8M Reduce -1.4%
CTRE Caretrust REIT Inc. 1.81% 56,696 $1.7M Reduce -1.2%
ALG Alamo Group Inc. 1.75% 7,693 $1.7M Reduce -14.2%
WSBC Wesbanco Inc. 1.70% 51,512 $1.6M Reduce -0.8%
AEIS Advanced Energy Industries 1.68% 12,187 $1.6M Reduce -18.4%
INVA Innoviva Inc. 1.66% 79,106 $1.6M Reduce -22.5%
GTY Getty Realty Corp. 1.63% 56,681 $1.6M Reduce -2.1%
HAE Haemonetics Corp. 1.62% 20,790 $1.6M New
FBK FB Financial Corp. filed as FB FINL CORP 1.60% 33,947 $1.5M Reduce -0.7%
NSA National Storage Affiliates 1.59% 47,648 $1.5M Reduce -0.9%
PSTL Postal Realty Trust Inc. Class A 1.58% 103,040 $1.5M Reduce -0.8%
EVTC Evertec Inc. 1.57% 41,869 $1.5M Reduce -0.8%
ICFI Icf International Inc. 1.55% 17,573 $1.5M Reduce -0.8%
ABM Abm Industries Inc. 1.51% 30,724 $1.5M Reduce -1.6%
LXP LXP Industrial Trust 1.49% 173,464 $1.4M Reduce -0.8%
GNTX Gentex Corp. 1.49% 65,095 $1.4M Add +500.1%
GMED Globus Medical Inc. Class A 1.49% 24,252 $1.4M Add +54.5%
HWC Hancock Whitney Corp. 1.48% 24,668 $1.4M Reduce -0.8%
WD Walker & Dunlop Inc. 1.47% 20,028 $1.4M Reduce -0.8%
AUDC Audiocodes Ltd. 1.38% 135,187 $1.3M Reduce -1.8%
WHD Cactus Inc. Class A 1.35% 29,664 $1.3M Add +34.7%
ADUS Addus Homecare Corp. 1.33% 11,105 $1.3M Reduce -2.5%
WDFC WD-40 Co. 1.32% 5,570 $1.3M Add +0.5%
POWI Power Integrations Inc. 1.31% 22,419 $1.3M Reduce -1.5%
NXRT Nexpoint Residential 1.30% 37,471 $1.2M Reduce -5.6%
UFPI Ufp Industries Inc. 1.29% 12,417 $1.2M Reduce -1.6%
MBUU Malibu Boats Inc. Class A 1.28% 39,116 $1.2M Reduce -0.8%
HBNC Horizon Bancorp Inc. 1.26% 78,760 $1.2M Reduce -0.8%
CBT Cabot Corp. 1.25% 16,018 $1.2M New
KWR Quaker Chemical Corporation 1.24% 10,638 $1.2M New
KLIC Kulicke & Soffa Industries 1.24% 34,285 $1.2M Reduce -0.8%
FAF First American Financial 1.22% 19,037 $1.2M Reduce -2.1%
CPRX Catalyst Pharmaceuticals Inc. 1.21% 53,438 $1.2M Reduce -36.3%
USPH U.S. Physical Therapy Inc. 1.20% 14,785 $1.2M Reduce -0.8%
KAI Kadant Inc. 1.20% 3,639 $1.2M Reduce -0.8%
AWR American States Water Co. filed as AMER STATES WTR CO 1.20% 14,971 $1.1M Reduce -0.9%
CGNX Cognex Corp. 1.19% 35,964 $1.1M Reduce -0.3%
VSTS Vestis Corp. 1.18% 197,034 $1.1M Add +70.9%
CNS Cohen & Steers Inc. 1.16% 14,743 $1.1M Reduce -1.8%
LBRT Liberty Energy Inc. 1.13% 94,528 $1.1M Add +20.3%
TNC Tennant Co. 1.10% 13,646 $1.1M New
IOSP Innospec Inc. 1.07% 12,165 $1.0M Reduce -1.1%
ASTH Astrana Health Inc. 1.02% 39,458 $982K Reduce -0.8%
CZNC Citizens & Northern Corp. 1.01% 50,933 $965K Reduce -0.8%
MGPI MGP Ingredients Inc. 0.99% 31,766 $952K Add +79.1%
ZD Ziff Davis Inc. 0.99% 31,434 $952K Reduce -0.8%
RLI Rli Corp. 0.98% 12,974 $937K Reduce -33.4%
BRKR Bruker Corp. 0.95% 22,143 $912K New
REYN Reynolds Consumer Products I 0.92% 41,211 $883K New
HELE Helen of Troy Ltd. 0.74% 25,142 $714K Add +28.9%
MOAT Vaneck Morningstar Wide Moat 0.48% 4,950 $464K Reduce -1.1%
LH Labcorp Holdings Inc. 0.46% 1,693 $444K No change
PAYC Paycom Software Inc. 0.46% 1,907 $441K Reduce -0.3%
ROL Rollins Inc. 0.41% 6,942 $392K No change
SNV Synovus Financial Corp. 0.39% 7,279 $377K No change
OTIS Otis Worldwide Corp. 0.38% 3,679 $364K No change
DINO HF Sinclair Corp. 0.37% 8,702 $357K Add +14.5%
ZBRA Zebra Technologies Corp. Class A 0.35% 1,082 $334K Add +29.9%
BR Broadridge Financial Solutio 0.35% 1,368 $332K No change
TYL Tyler Technologies Inc. 0.34% 552 $327K No change
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.33% 3,425 $315K No change
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.31% 1,676 $302K Add +0.4%
CPAY Corpay Inc. 0.31% 909 $298K Reduce -0.1%
JLL Jones Lang Lasalle Inc. 0.31% 1,164 $298K No change
EGP Eastgroup Properties Inc. 0.29% 1,669 $279K Add +0.5%
MTCH Match Group Inc. 0.29% 9,026 $279K No change
DOX Amdocs Ltd. 0.29% 3,050 $278K Reduce -0.1%
BAH Booz Allen Hamilton Holdings 0.27% 2,490 $259K Add +0.4%
MSA Msa Safety Inc. 0.27% 1,532 $257K Add +1.1%
ARE Alexandria Real Estate Equit 0.26% 3,470 $252K No change
CHE Chemed Corp. 0.26% 510 $248K Add +0.4%
HAL Halliburton Co. 0.25% 11,942 $243K Add +16.6%
WST West Pharmaceutical Services 0.25% 1,091 $239K No change
CPB The Campbell's Company 0.24% 7,560 $232K Add +8.1%
NDAQ Nasdaq Inc. 0.24% 2,537 $227K New
FDS Factset Research Systems Inc. 0.23% 504 $225K New
ICLR Icon PLC 0.22% 1,459 $212K Reduce -0.5%
JFR Nuveen Floating Rate Income 0.15% 16,576 $140K No change
EHI Western Asset Global High Inc. 0.08% 11,744 $77K No change

Portfolio Sells Q1 2025 → Q2 2025
MEDP Medpace Holdings Inc. Sold out 0.00% −1.78
NSP Insperity Inc. Sold out 0.00% −1.65
CLB Core Laboratories Inc. Sold out 0.00% −1.37
HWKN Hawkins Inc. Sold out 0.00% −1.36
SLP Simulations Plus Inc. Sold out 0.00% −1.33
CPRX Catalyst Pharmaceuticals Inc. Reduce -36.3% 1.21% −0.90
RLI Rli Corp. Reduce -33.4% 0.98% −0.64
NSA National Storage Affiliates Reduce -0.9% 1.59% −0.37
NXRT Nexpoint Residential Reduce -5.6% 1.30% −0.32
WD Walker & Dunlop Inc. Reduce -0.8% 1.47% −0.31
INVA Innoviva Inc. Reduce -22.5% 1.66% −0.26
ASTH Astrana Health Inc. Reduce -0.8% 1.02% −0.25
ZD Ziff Davis Inc. Reduce -0.8% 0.99% −0.24
GTY Getty Realty Corp. Reduce -2.1% 1.63% −0.24
EXLS Exlservice Holdings Inc. Reduce -0.8% 2.23% −0.18
IOSP Innospec Inc. Reduce -1.1% 1.07% −0.14
UFPI Ufp Industries Inc. Reduce -1.6% 1.29% −0.11
FAF First American Financial Reduce -2.1% 1.22% −0.10
BRC Brady Corporation Class A Reduce -1.3% 2.17% −0.10
CNS Cohen & Steers Inc. Reduce -1.8% 1.16% −0.09
PRI Primerica Inc. Reduce -0.4% 2.15% −0.08
KAI Kadant Inc. Reduce -0.8% 1.20% −0.08
LXP LXP Industrial Trust Reduce -0.8% 1.49% −0.07
GBCI Glacier Bancorp Inc. Reduce -1.2% 2.19% −0.07
CZNC Citizens & Northern Corp. Reduce -0.8% 1.01% −0.06
THG Hanover Insurance Group Inc./ Reduce -1.4% 1.91% −0.06
ICLR Icon PLC Reduce -0.5% 0.22% −0.04
FBK FB Financial Corp. Reduce -0.7% 1.60% −0.04
AWR American States Water Co. Reduce -0.9% 1.20% −0.03
EVTC Evertec Inc. Reduce -0.8% 1.57% −0.03
ABM Abm Industries Inc. Reduce -1.6% 1.51% −0.02
CPAY Corpay Inc. Reduce -0.1% 0.31% −0.01
ICFI Icf International Inc. Reduce -0.8% 1.55% −0.01
DOX Amdocs Ltd. Reduce -0.1% 0.29% +0.00
HBNC Horizon Bancorp Inc. Reduce -0.8% 1.26% +0.02
MBUU Malibu Boats Inc. Class A Reduce -0.8% 1.28% +0.03
PAYC Paycom Software Inc. Reduce -0.3% 0.46% +0.03
MOAT Vaneck Morningstar Wide Moat Reduce -1.1% 0.48% +0.03
DORM Dorman Products Inc. Reduce -1.2% 2.50% +0.03
WSBC Wesbanco Inc. Reduce -0.8% 1.70% +0.03
AUDC Audiocodes Ltd. Reduce -1.8% 1.38% +0.04
PSTL Postal Realty Trust Inc. Class A Reduce -0.8% 1.58% +0.05
KLIC Kulicke & Soffa Industries Reduce -0.8% 1.24% +0.06
CGNX Cognex Corp. Reduce -0.3% 1.19% +0.07
USPH U.S. Physical Therapy Inc. Reduce -0.8% 1.20% +0.09
ALG Alamo Group Inc. Reduce -14.2% 1.75% +0.10
CTRE Caretrust REIT Inc. Reduce -1.2% 1.81% +0.11
SBCF Seacoast Banking Corp. Reduce -1.8% 1.99% +0.11
POWI Power Integrations Inc. Reduce -1.5% 1.31% +0.12
HWC Hancock Whitney Corp. Reduce -0.8% 1.48% +0.12

Portfolio Buys Q1 2025 → Q2 2025
HAE Haemonetics Corp. New 1.62% +1.62
CBT Cabot Corp. New 1.25% +1.25
KWR Quaker Chemical Corporation New 1.24% +1.24
GNTX Gentex Corp. Add +500.1% 1.49% +1.23
TNC Tennant Co. New 1.10% +1.10
BRKR Bruker Corp. New 0.95% +0.95
REYN Reynolds Consumer Products I New 0.92% +0.92
MGPI MGP Ingredients Inc. Add +79.1% 0.99% +0.45
WHD Cactus Inc. Class A Add +34.7% 1.35% +0.31
GMED Globus Medical Inc. Class A Add +54.5% 1.49% +0.30
NDAQ Nasdaq Inc. New 0.24% +0.24
FDS Factset Research Systems Inc. New 0.23% +0.23
DINO HF Sinclair Corp. Add +14.5% 0.37% +0.11
ZBRA Zebra Technologies Corp. Class A Add +29.9% 0.35% +0.10
MSA Msa Safety Inc. Add +1.1% 0.27% +0.04
BAH Booz Allen Hamilton Holdings Add +0.4% 0.27% +0.00
JKHY Jack Henry & Associates Inc. Add +0.4% 0.31% −0.00
VSTS Vestis Corp. Add +70.9% 1.18% −0.01
EGP Eastgroup Properties Inc. Add +0.5% 0.29% −0.01
HAL Halliburton Co. Add +16.6% 0.25% −0.02
CPB The Campbell's Company Add +8.1% 0.24% −0.05
CHE Chemed Corp. Add +0.4% 0.26% −0.06
WDFC WD-40 Co. Add +0.5% 1.32% −0.08
LBRT Liberty Energy Inc. Add +20.3% 1.13% −0.16
HELE Helen of Troy Ltd. Add +28.9% 0.74% −0.34

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