Susquehanna Fundamental Investments, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Susquehanna Fundamental Investments, LLC reported 466 stock positions worth $2.7 billion. Its top holding was Microsoft (MSFT) at 2.3% of the portfolio, followed by Adobe (ADBE, 2.3%) and Visa Class A (V, 2.3%). Compared with Q4 2025, it opened 165 new positions, sold out of 247, added to 156 and reduced 117. The biggest buy was a new position in Microsoft (MSFT) and the biggest sale an exit from Salesforce (CRM).

Most Recent 13F
Q2 2026
Location
BALA CYNWYD, PA
CIK
0001446179
Portfolio Value
$2.7B (Q1 2026)
SEC Filing
0001446179-26-000005 ↗ filed May 15, 2026

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $2.1B Q1 2024 Q2 2024: $4.3B Q2 2024 Q4 2024: $6.0B Q4 2024 Q1 2025: $6.0B Q1 2025 Q2 2025: $3.7B Q2 2025 Q3 2025: $2.6B Q3 2025 Q4 2025: $2.9B Q4 2025 Q1 2026: $2.7B $2.7B Q1 2026 Q2 2026: $5.3B Q2 2026

Holdings 466 stocks · $2.7B
MSFT Microsoft Corp. 2.30% 165,449 $61.2M New
ADBE Adobe Inc. 2.28% 250,716 $60.9M Add +79.4%
V Visa Inc. Class A 2.26% 199,900 $60.4M New
NOW ServiceNow Inc. 2.15% 549,755 $57.5M New
ADP Automatic Data Processing 2.13% 279,284 $56.7M Add +29.6%
MCO Moody's Corp. 2.12% 129,606 $56.5M Add +927.1%
CME Cme Group Inc. 2.09% 189,190 $55.9M Add +4.4%
TFC Truist Financial Corp. 1.98% 1,148,137 $52.8M Add +2533.8%
FAST Fastenal Co. 1.91% 1,096,994 $50.9M Add +33.2%
TDG Transdigm Group Inc. 1.91% 43,853 $50.8M Add +1163.0%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 1.85% 522,000 $49.5M Add +4.5%
UBER Uber Technologies Inc. 1.81% 673,058 $48.4M Add +740.1%
CCJ Cameco Corp. 1.68% 411,400 $44.7M No change
PCAR Paccar Inc. 1.61% 370,917 $42.8M Add +2.8%
MET Metlife Inc. 1.37% 515,409 $36.4M New
ADSK Autodesk Inc. 1.32% 146,738 $35.1M Add +8125.2%
CB Chubb Ltd. 1.28% 104,529 $34.1M Reduce -2.6%
TT Trane Technologies PLC 1.25% 80,232 $33.4M Add +110.9%
KEY Keycorp 1.17% 1,556,745 $31.2M New
VLTO Veralto Corp. 1.14% 344,319 $30.4M Add +1240.5%
WM Waste Management Inc. 1.11% 129,272 $29.7M Add +54.4%
CNH CNH Industrial NV 1.04% 2,528,496 $27.8M New
MSI Motorola Solutions Inc. 1.03% 63,522 $27.6M Reduce -35.7%
IR Ingersoll-Rand Inc. 1.03% 341,317 $27.3M Add +29.1%
XYZ Block Inc. 1.00% 442,561 $26.6M New
ARM Arm Holdings PLC-ADR 0.93% 164,754 $24.9M New
PYPL PayPal Holdings Inc. 0.93% 549,729 $24.9M Reduce -11.9%
LII Lennox International Inc. 0.87% 50,192 $23.3M Reduce -8.4%
AON Aon PLC Class A 0.87% 71,538 $23.1M Add +187.4%
GWRE Guidewire Software Inc. 0.86% 153,449 $22.9M New
CNQ Canadian Natural Resources 0.85% 467,600 $22.8M New
EXPD Expeditors Intl Wash Inc. 0.81% 150,828 $21.6M No change
GDDY GoDaddy Inc. Class A 0.80% 259,163 $21.4M New
RY Royal Bank of Canada 0.80% 131,100 $21.2M Add +20.4%
SU Suncor Energy Inc. 0.76% 305,600 $20.2M Add +45.5%
WAB Wabtec Corp. 0.76% 80,775 $20.2M Reduce -23.9%
STLD Steel Dynamics Inc. 0.67% 99,895 $18.0M Reduce -47.4%
TRU Transunion 0.67% 258,491 $17.9M Add +44.4%
VRSN Verisign Inc. 0.65% 70,031 $17.4M Reduce -44.1%
OC Owens Corning 0.65% 159,397 $17.2M New
PAYX Paychex Inc. 0.64% 186,023 $17.1M Reduce -55.9%
IOT Samsara Inc. Class A 0.64% 535,752 $17.0M New
GE General Electric filed as GE AEROSPACE 0.63% 59,174 $16.8M New
DT Dynatrace Inc. 0.62% 449,666 $16.6M Add +302.8%
NTNX Nutanix Inc. Class A 0.60% 420,202 $16.0M New
GNRC Generac Holdings Inc. 0.56% 75,997 $14.8M Add +12.5%
OMF Onemain Holdings Inc. 0.55% 276,752 $14.8M Add +16.0%
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP 0.54% 222,341 $14.4M Add +4.6%
TOST Toast Inc. Class A 0.54% 539,064 $14.3M New
CTAS Cintas Corp. 0.53% 84,252 $14.3M Reduce -68.7%
JHG Janus Henderson Group PLC 0.52% 271,335 $13.9M Add +39.6%
KNSL Kinsale Capital Group Inc. 0.51% 39,479 $13.5M Add +220.3%
HLNE Hamilton Lane Inc. Class A 0.50% 134,097 $13.3M Add +145.9%
OKTA Okta Inc. 0.49% 165,745 $13.0M Add +250.3%
TTAN Servicetitan Inc. Class A 0.46% 192,918 $12.2M Add +1003.5%
BMO Bank of Montreal filed as BANK MONTREAL MEDIUM 0.45% 89,100 $12.1M Add +373.9%
ATI Ati Inc. 0.45% 82,786 $12.0M No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.45% 180,699 $12.0M Add +265.5%
GTLS Chart Industries Inc. 0.44% 56,766 $11.7M No change
HON Honeywell International Inc. 0.43% 51,204 $11.6M New
CCC CCC Intelligent Solutions Ho 0.43% 1,913,177 $11.5M Add +1037.5%
B Barrick Mining Corp. 0.42% 277,300 $11.3M Add +7.0%
CRBG Corebridge Financial Inc. 0.42% 470,368 $11.2M Add +1265.9%
AEM Agnico Eagle Mines Ltd. 0.42% 54,900 $11.1M No change
RELY Remitly Global Inc. 0.39% 661,978 $10.4M Add +574.9%
BOX Box Inc. Class A 0.39% 435,787 $10.3M New
ARW Arrow Electronics Inc. 0.39% 71,825 $10.3M Add +102.9%
MFC Manulife Financial Corp. 0.38% 294,100 $10.1M Add +12.0%
AXP American Express Co. 0.38% 33,317 $10.1M No change
FNF Fidelity National Financial 0.37% 214,584 $10.0M New
MATX Matson Inc. 0.37% 60,188 $9.9M No change
SF Stifel Financial Corp. 0.36% 129,888 $9.6M New
RJF Raymond James Financial Inc. 0.35% 65,186 $9.4M New
DBRG Digitalbridge Group Inc. 0.35% 602,864 $9.3M New
RGA Reinsurance Group of America 0.34% 44,248 $9.0M Add +30.6%
SAIA Saia Inc. 0.34% 25,513 $9.0M No change
DX Dynex Capital Inc. 0.33% 699,849 $8.9M New
HBM Hudbay Minerals Inc. 0.33% 422,600 $8.8M No change
ERIE Erie Indemnity Company Class A 0.33% 35,035 $8.8M Add +299.4%
IMO Imperial Oil Ltd. 0.32% 65,800 $8.6M Add +54.1%
DDOG Datadog Inc. Class A 0.32% 72,131 $8.5M New
ENPH Enphase Energy Inc. 0.31% 219,995 $8.3M Add +412.6%
ESTC Elastic NV 0.31% 163,692 $8.2M New
QCOM Qualcomm Inc. 0.30% 63,078 $8.1M Add +328.4%
RTX RTX Corp. 0.30% 42,107 $8.1M No change
TD Toronto-Dominion Bank 0.30% 86,700 $8.1M Add +112.5%
RNR Renaissancere Holdings Ltd. 0.30% 26,965 $8.0M Reduce -45.2%
GIB Cgi Inc. 0.29% 107,500 $7.9M Reduce -30.8%
FTV Fortive Corp. 0.29% 138,805 $7.7M New
PJT PJT Partners Inc. Class A 0.28% 54,255 $7.6M Add +1092.4%
ACGL Arch Capital Group Ltd. 0.28% 78,509 $7.5M Reduce -26.8%
MTB M & T Bank Corp. filed as M & T BK CORP 0.28% 36,200 $7.5M New
NPO Enpro Inc. 0.28% 29,757 $7.5M Add +60.7%
EWBC East West Bancorp Inc. 0.28% 68,904 $7.4M Reduce -23.2%
DCI Donaldson Co. Inc. 0.28% 86,623 $7.4M Reduce -17.9%
ZIM Zim Integrated Shipping Serv 0.27% 273,856 $7.2M New
BRZE Braze Inc. Class A 0.27% 305,184 $7.2M Add +91.8%
BX Blackstone Inc. 0.26% 61,450 $7.1M Reduce -66.2%
AUR Aurora Innovation Inc. 0.26% 1,703,277 $7.0M New
STT State Street Corp. 0.26% 55,293 $7.0M Reduce -74.5%
HEI.A Heico Corp. Class A 0.25% 32,206 $6.8M Add +615.7%
KAI Kadant Inc. 0.25% 22,473 $6.6M New
HSY The Hershey Co. 0.24% 30,697 $6.4M Reduce -75.7%
FSS Federal Signal Corp. 0.24% 58,808 $6.4M New
MLI Mueller Industries Inc. 0.23% 56,361 $6.2M Add +349.4%
TENB Tenable Holdings Inc. 0.23% 368,939 $6.2M New
MDA Mda Space Ltd. 0.23% 241,800 $6.1M New
HUBS HubSpot Inc. 0.23% 24,906 $6.1M Reduce -5.3%
GVA Granite Construction Inc. 0.23% 50,431 $6.0M Add +2.3%
JBTM JBT Marel Corp. 0.23% 47,003 $6.0M New
HLI Houlihan Lokey Inc. 0.22% 41,346 $5.9M Add +412.2%
MAN Manpowergroup Inc. 0.22% 194,846 $5.7M Add +98.3%
HAYW Hayward Holdings Inc. 0.21% 428,662 $5.7M Add +30.4%
AMTM Amentum Holdings Inc. 0.21% 217,780 $5.7M Reduce -1.0%
ACA Arcosa Inc. 0.21% 53,192 $5.6M Add +77.5%
XP XP Inc. Class A 0.21% 291,492 $5.6M New
STX Seagate Technology Holdings 0.21% 14,017 $5.5M Reduce -66.9%
DXC DXC Technology Co. 0.20% 434,361 $5.5M New
PEGA Pegasystems Inc. 0.20% 126,786 $5.4M New
HOMB Home Bancshares Inc. 0.20% 199,837 $5.4M Add +1228.3%
AIZ Assurant Inc. 0.20% 24,692 $5.4M Add +119.3%
FCNCA First Citizens Bcshs Class A 0.20% 2,823 $5.3M Reduce -60.5%
THG Hanover Insurance Group Inc./ 0.20% 30,606 $5.3M Add +138.9%
AIR Aar Corp. 0.19% 47,473 $5.2M Add +36.3%
FDX FedEx Corp. 0.19% 14,568 $5.2M Add +235.0%
SXI Standex International Corp. 0.19% 19,534 $5.0M Add +33.3%
PAGS Pagseguro Digital Ltd. Class A 0.19% 494,547 $5.0M New
EG Everest Group Ltd. 0.18% 14,851 $4.9M Reduce -36.7%
ITT Itt Inc. 0.18% 25,253 $4.8M Reduce -69.8%
BILL Bill Holdings Inc. 0.18% 125,356 $4.8M Reduce -28.6%
ARR Armour Residential REIT Inc. 0.18% 284,979 $4.8M No change
BWXT BWX Technologies Inc. 0.17% 22,783 $4.7M New
SNX TD Synnex Corp. 0.17% 27,474 $4.6M Add +11.7%
CPAY Corpay Inc. 0.17% 15,795 $4.6M Add +288.8%
TXT Textron Inc. 0.17% 51,944 $4.5M Reduce -79.3%
BHF Brighthouse Financial Inc. 0.17% 75,902 $4.5M New
AGI Alamos Gold Inc. Class A 0.17% 102,052 $4.5M Reduce -0.0%
FLG Flagstar Bank NA 0.17% 339,766 $4.5M New
BGC BGC Group Inc. Class A 0.16% 433,128 $4.2M Add +72.5%
NCNO Ncino Inc. 0.16% 281,327 $4.2M Add +220.3%
AER Aercap Holdings NV 0.16% 30,704 $4.2M Reduce -1.6%
TEAM Atlassian Corp. Class A 0.16% 60,813 $4.2M Add +25.4%
KGC Kinross Gold Corp. 0.15% 134,100 $4.1M Add +47.7%
IBKR Interactive Brokers Gro Class A 0.15% 60,524 $4.1M New
PRI Primerica Inc. 0.15% 15,981 $4.0M New
CNA Cna Financial Corp. 0.15% 86,266 $4.0M Add +34.4%
ETN Eaton Corp. PLC 0.14% 10,812 $3.9M Reduce -70.0%
AB Alliancebernstein Holding LP 0.14% 103,238 $3.9M Add +162.2%
CXW Corecivic Inc. 0.14% 203,748 $3.9M Add +423.2%
ULS Ul Solutions Inc. Class A 0.14% 44,807 $3.8M Add +43.3%
CR Crane Co. 0.14% 22,139 $3.8M Add +115.2%
CINF Cincinnati Financial Corp. 0.14% 23,559 $3.7M Reduce -9.2%
BANR Banner Corporation 0.14% 61,048 $3.7M Add +339.2%
JEF Jefferies Financial Group Inc. 0.14% 88,060 $3.6M Reduce -2.5%
FHI Federated Hermes Inc. 0.13% 62,333 $3.5M Add +239.6%
PLUG Plug Power Inc. filed as PLUG PWR INC 0.13% 1,557,939 $3.5M New
DJCO Daily Journal Corp. 0.13% 7,178 $3.5M Reduce -4.0%
FFBC First Financial Bancorp filed as 1ST FINL BANCORP 0.13% 124,077 $3.5M Add +263.4%
EQH Equitable Holdings Inc. 0.13% 90,972 $3.4M New
TWLO Twilio Inc. Class A 0.13% 26,667 $3.4M Add +99.0%
PRA Proassurance Corp. 0.13% 134,920 $3.3M Add +90.0%
FAF First American Financial 0.12% 54,631 $3.3M New
QRVO Qorvo Inc. 0.12% 42,499 $3.3M Reduce -62.2%
WTFC Wintrust Financial Corp. 0.12% 23,211 $3.2M Reduce -37.1%
UMBF Umb Financial Corp. 0.12% 28,567 $3.2M Reduce -58.4%
DRS Leonardo DRS Inc. 0.12% 71,843 $3.2M Add +740.7%
SMR Nuscale Power Corp. 0.12% 288,480 $3.1M New
YOU Clear Secure Inc. Class A 0.12% 63,721 $3.1M Reduce -37.7%
UCB United Community Banks 0.12% 97,933 $3.1M New
RYAN Ryan Specialty Holdings Inc. 0.11% 89,600 $3.0M Reduce -51.4%
PRGS Progress Software Corp. 0.11% 115,996 $3.0M Add +139.1%
VIRT Virtu Financial Inc. Class A 0.11% 66,609 $2.9M Add +44.5%
FIBK First Interstate Bancsys-A 0.11% 86,713 $2.9M New
EXLS Exlservice Holdings Inc. 0.11% 94,969 $2.9M Add +26.7%
DOCU Docusign Inc. 0.11% 60,651 $2.9M Reduce -43.7%
VNET Vnet Group Inc.-ADR 0.11% 341,012 $2.9M New
MAIN Main Street Capital Corp. 0.11% 53,758 $2.8M Reduce -29.7%
ADEA Adeia Inc. 0.11% 117,771 $2.8M New
BOH Bank of Hawaii Corp. filed as BANK HAWAII CORP 0.11% 37,943 $2.8M New
CAR Avis Budget Group Inc. 0.10% 19,167 $2.8M Reduce -57.6%
EME Emcor Group Inc. 0.10% 3,770 $2.8M New
BUSE First Busey Corp. 0.10% 109,941 $2.8M Add +359.5%
FIVN FIVE9 Inc. 0.10% 182,515 $2.8M Reduce -9.2%
SFBS Servisfirst Bancshares Inc. 0.10% 37,991 $2.8M New
SNDR Schneider National Inc. Class B 0.10% 104,455 $2.8M Reduce -24.3%
NWBI Northwest Bancshares Inc. 0.10% 216,121 $2.7M Add +36.5%
RLI Rli Corp. 0.10% 47,988 $2.7M Reduce -61.3%
QLYS Qualys Inc. 0.10% 31,143 $2.7M Add +68.3%
MWA Mueller Water Products Inc. Class A 0.10% 99,354 $2.7M No change
ALRM Alarm.com Holdings Inc. 0.10% 62,073 $2.7M Reduce -4.1%
FFIN First Finl Bankshares Inc. 0.10% 90,841 $2.7M New
UHAL.B U-Haul Holding Co.-Non Voting 0.10% 59,574 $2.7M Reduce -22.1%
PB Prosperity Bancshares Inc. 0.09% 37,259 $2.5M New
CW Curtiss-Wright Corp. 0.09% 3,642 $2.5M New
OPLN Openlane Inc. 0.09% 84,564 $2.5M Reduce -41.7%
LSPD Lightspeed Commerce Inc. 0.09% 271,800 $2.4M Add +128.0%
ALGT Allegiant Travel Co. 0.09% 29,572 $2.4M No change
PFS Provident Financial Services 0.09% 113,157 $2.4M No change
MCY Mercury General Corp. 0.09% 26,590 $2.3M Reduce -63.4%
RPD RAPID7 Inc. 0.09% 420,545 $2.3M Add +1412.5%
TIGR Up Fintech Holding Ltd. - ADR 0.09% 362,503 $2.3M New
EPAC Enerpac Tool Group Corp. 0.09% 62,352 $2.3M Reduce -12.2%
NTCT Netscout Systems Inc. 0.08% 69,745 $2.2M Add +1.3%
DY Dycom Industries Inc. 0.08% 6,479 $2.2M No change
NRDS Nerdwallet Inc. Class A 0.08% 208,811 $2.2M New
BTDR Bitdeer Technologies Group-A 0.08% 250,312 $2.2M New
BFH Bread Financial Holdings Inc. 0.08% 28,871 $2.2M Add +1.0%
VVX V2X Inc. 0.08% 31,252 $2.1M Add +14.0%
BOKF Bok Financial Corporation 0.08% 16,577 $2.1M New
AI C3.AI Inc. Class A 0.08% 250,310 $2.1M Add +119.0%
ASAN Asana Inc. Class A 0.08% 327,373 $2.1M Add +199.8%
CSW CSW Industrials Inc. 0.08% 7,997 $2.1M Add +69.8%
FRME First Merchants Corp. 0.08% 53,415 $2.1M Add +169.8%
AMG Affiliated Managers Group 0.08% 7,424 $2.1M Add +38.1%
ESAB Esab Corp. 0.07% 20,608 $2.0M Add +117.2%
CALX Calix Inc. 0.07% 40,373 $2.0M New
CRAI Cra International Inc. 0.07% 12,171 $2.0M Add +66.4%
INOD Innodata Inc. 0.07% 50,699 $2.0M New
HIMX Himax Technologies Inc.-ADR 0.07% 240,504 $1.9M Add +55.4%
TRMK Trustmark Corp. 0.07% 44,487 $1.9M Add +85.5%
PENG Penguin Solutions Inc. 0.07% 106,163 $1.9M Add +104.3%
NBIS Nebius Group NV 0.07% 17,953 $1.9M New
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 0.07% 49,271 $1.8M Add +171.7%
UPWK Upwork Inc. 0.07% 167,666 $1.8M New
ARCB Arcbest Corp. 0.07% 18,665 $1.8M New
VET Vermilion Energy Inc. 0.07% 132,600 $1.8M Add +107.5%
SPT Sprout Social Inc. Class A 0.07% 320,080 $1.8M Add +44.4%
UNF Unifirst Corp. 0.07% 7,178 $1.8M No change
STEP Stepstone Group Inc. Class A 0.07% 37,712 $1.8M New
VCTR Victory Capital Holding - A 0.07% 26,760 $1.8M New
PAR Par Technology Corp. 0.06% 128,718 $1.7M New
FER Ferrovial NV 0.06% 26,155 $1.7M No change
ALLE Allegion PLC 0.06% 11,603 $1.7M Add +554.1%
MLKN Millerknoll Inc. 0.06% 115,305 $1.7M New
FSLY Fastly Inc. Class A 0.06% 57,285 $1.7M Reduce -16.4%
BDC Belden Inc. 0.06% 14,480 $1.7M Reduce -53.1%
R Ryder System Inc. 0.06% 8,086 $1.7M No change
MC Moelis & Co. Class A 0.06% 28,570 $1.6M New
FHN First Horizon Corp. 0.06% 71,416 $1.6M New
FVRR Fiverr International Ltd. 0.06% 159,154 $1.6M Add +36.4%
RNG Ringcentral Inc. Class A 0.06% 42,041 $1.6M Add +46.9%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.06% 12,914 $1.5M Reduce -4.9%
FBK FB Financial Corp. filed as FB FINL CORP 0.06% 29,417 $1.5M New
WSBC Wesbanco Inc. 0.06% 44,274 $1.5M New
DKS Dick's Sporting Goods Inc. 0.06% 7,699 $1.5M Reduce -72.5%
WWD Woodward Inc. 0.06% 4,237 $1.5M Add +2.5%
CUBI Customers Bancorp Inc. 0.06% 21,709 $1.5M Add +11.7%
CXM Sprinklr Inc. Class A 0.06% 249,253 $1.5M Reduce -36.5%
GATX Gatx Corp. 0.05% 8,555 $1.5M New
SBCF Seacoast Banking Corp. 0.05% 48,083 $1.5M Reduce -43.9%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.05% 16,094 $1.5M Add +49.3%
JPM JPMorgan Chase & Co. 0.05% 4,920 $1.4M New
HAPN Happen Inc. 0.05% 98,775 $1.4M New
TFIN Triumph Financial Inc. 0.05% 23,557 $1.4M New
BPOP Popular Inc. 0.05% 10,440 $1.4M Add +9.2%
CASH Pathward Financial Inc. 0.05% 15,666 $1.4M Reduce -34.3%
ESE Esco Technologies Inc. 0.05% 4,964 $1.4M Add +274.6%
PRK Park National Corp. 0.05% 8,499 $1.4M New
CNOB Connectone Bancorp Inc. 0.05% 51,887 $1.4M New
CNXC Concentrix Corp. 0.05% 50,743 $1.4M Reduce -72.5%
PRCH Porch Group Inc. 0.05% 193,051 $1.4M New
BKU Bankunited Inc. 0.05% 30,591 $1.4M Add +29.9%
AUB Atlantic Union Bankshares Co. 0.05% 38,629 $1.4M New
QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC 0.05% 28,821 $1.4M Reduce -78.4%
AKAM Akamai Technologies Inc. 0.05% 11,799 $1.4M New
LMB Limbach Holdings Inc. 0.05% 17,131 $1.3M New
WYNN WYNN Resorts Ltd. 0.05% 12,929 $1.3M Reduce -83.2%
TREE Lendingtree Inc. 0.05% 29,135 $1.2M New
SOBO South Bow Corp. 0.05% 37,300 $1.2M New
SSD Simpson Manufacturing Co. Inc. 0.05% 7,214 $1.2M New
CBOE Cboe Global Markets Inc. 0.05% 4,400 $1.2M Reduce -92.4%
PI Impinj Inc. 0.05% 11,983 $1.2M New
NMM Navios Maritime Partners LP 0.05% 18,006 $1.2M Add +65.1%
CMRE Costamare Inc. 0.05% 71,581 $1.2M Reduce -4.6%
ENS Enersys 0.05% 6,939 $1.2M New
FMNB Farmers Natl Banc Corp. 0.04% 90,697 $1.2M Add +174.9%
FULT Fulton Financial Corp. 0.04% 58,487 $1.2M New
BBSI Barrett Business SVCS Inc. 0.04% 39,795 $1.2M New
NAVI Navient Corp. 0.04% 141,533 $1.2M Add +37.1%
CDRE Cadre Holdings Inc. 0.04% 37,533 $1.2M Add +629.2%
PIPR Piper Sandler Cos 0.04% 14,963 $1.1M Reduce -25.9%
L Loews Corp. 0.04% 10,653 $1.1M Reduce -32.4%
SBRA Sabra Health Care REIT Inc. 0.04% 57,664 $1.1M Reduce -88.2%
SYBT Stock Yards Bancorp Inc. 0.04% 16,515 $1.1M Add +52.5%
INDB Independent Bank Corp. 0.04% 14,214 $1.1M Add +3.3%
HCSG Healthcare Services Group 0.04% 57,000 $1.1M Reduce -17.5%
HFWA Heritage Financial Corp. 0.04% 40,293 $1.0M New
NNI Nelnet Inc. Class A 0.04% 8,093 $1.0M Reduce -43.7%
HAFC Hanmi Financial Corporation 0.04% 38,761 $1.0M Add +301.7%
EZPW Ezcorp Inc. Class A 0.04% 39,354 $999K Add +1.2%
PTC PTC Inc. 0.04% 7,006 $998K Reduce -90.2%
PD Pagerduty Inc. 0.04% 159,551 $991K Add +23.4%
ORI Old Republic Intl Corp. 0.04% 24,762 $988K Reduce -80.8%
CNS Cohen & Steers Inc. 0.04% 15,579 $974K Add +150.9%
PLGO Pelagos Insurance Capital LT filed as FIDELIS INSURANCE HOLDINGS L 0.04% 50,873 $972K Reduce -14.8%
KEX Kirby Corp. 0.04% 7,309 $971K New
PLUS Eplus Inc. 0.04% 12,839 $966K Reduce -46.0%
CXT Crane NXT Co. 0.04% 23,548 $956K New
OUST Ouster Inc. 0.03% 49,645 $912K New
TRST Trustco Bank Corp. NY 0.03% 20,769 $909K Add +24.5%
CCB Coastal Financial Corp. 0.03% 11,634 $885K New
GCMG GCM Grosvenor Inc. Class A 0.03% 89,914 $881K New
RUN Sunrun Inc. 0.03% 64,867 $880K Reduce -74.6%
TILE Interface Inc. 0.03% 35,182 $877K Add +337.6%
PKG Packaging Corp. of America 0.03% 4,087 $867K Reduce -91.0%
MTZ Mastec Inc. 0.03% 2,666 $858K New
CFFN Capitol Federal Financial Inc. 0.03% 120,253 $857K Reduce -30.0%
LNC Lincoln National Corp. 0.03% 24,031 $853K Reduce -85.0%
NPKI NPK International Inc. 0.03% 58,048 $841K Add +48.7%
PKE Park Aerospace Corp. 0.03% 30,331 $830K New
CFR Cullen/Frost Bankers Inc. 0.03% 6,058 $830K New
AMPL Amplitude Inc. Class A 0.03% 118,919 $811K Reduce -45.6%
WPM Wheaton Precious Metals Corp. 0.03% 6,100 $799K No change
HY Hyster-Yale Inc. 0.03% 24,440 $795K Add +4.3%
BY Byline Bancorp Inc. 0.03% 25,153 $794K Add +26.6%
MVST Microvast Holdings Inc. 0.03% 519,170 $779K New
BOW Bowhead Specialty Holdings I 0.03% 34,301 $769K Reduce -12.8%
GABC German American Bancorp 0.03% 18,374 $768K Add +88.5%
ULCC Frontier Group Holdings Inc. 0.03% 217,467 $768K New
BXC Bluelinx Holdings Inc. 0.03% 14,134 $766K Add +94.7%
WT Wisdomtree Inc. 0.03% 52,538 $765K New
BFC Bank First Corp. 0.03% 5,585 $754K Add +25.2%
ESQ Esquire Financial Holdings I 0.03% 6,898 $742K Reduce -28.8%
BBT Beacon Financial Corp. 0.03% 24,359 $731K New
COLB Columbia Banking System Inc. 0.03% 26,618 $730K Reduce -49.9%
QCRH QCR Holdings Inc. filed as QCR HLDGS INC 0.03% 8,360 $714K Reduce -37.0%
MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC 0.03% 15,797 $704K New
SB Safe Bulkers Inc. 0.03% 110,775 $701K Add +170.1%
CGNT Cognyte Software Ltd. 0.03% 85,539 $693K Add +45.8%
OZK Bank Ozk 0.03% 15,092 $693K Reduce -30.6%
CMP Compass Minerals Internation 0.03% 29,155 $681K Reduce -77.3%
HG Hamilton Insurance Grou Class B 0.03% 22,748 $679K Reduce -2.0%
ASTE Astec Industries Inc. 0.03% 12,458 $671K Add +107.7%
VSEC Vse Corp. 0.02% 3,553 $655K Add +45.2%
BFST Business First Bancshares 0.02% 24,028 $650K New
CMBT CMB Tech NV 0.02% 51,269 $649K No change
PANL Pangaea Logistics Solutions 0.02% 91,411 $647K Add +214.2%
FISI Financial Institutions Inc. 0.02% 20,131 $638K Add +75.4%
OSIS Osi Systems Inc. 0.02% 2,404 $638K Add +68.3%
IIIN Insteel Industries Inc. 0.02% 18,717 $629K Add +1.0%
BCAL California Bancorp 0.02% 35,420 $628K Add +120.9%
KELYA Kelly Services Inc. Class A 0.02% 70,544 $624K Reduce -32.7%
FCEL Fuelcell Energy Inc. 0.02% 94,736 $619K Add +110.7%
BRC Brady Corporation Class A 0.02% 7,530 $612K Add +108.4%
NPB Northpointe Bancshares Inc. 0.02% 35,126 $606K New
SKWD Skyward Specialty Insurance 0.02% 13,606 $594K Reduce -66.2%
PRLB Proto Labs Inc. 0.02% 10,325 $589K New
NBBK NB Bancorp Inc. 0.02% 27,840 $587K Reduce -4.1%
LNT Alliant Energy Corp. 0.02% 8,162 $586K Reduce -94.8%
CCBG Capital City Bank Group Inc. 0.02% 13,004 $565K New
CDNS Cadence Design SYS Inc. 0.02% 2,024 $562K New
HIFS Hingham Institution for SVGS 0.02% 1,956 $559K Reduce -70.1%
AROW Arrow Financial Corp. 0.02% 16,502 $554K New
NIC Nicolet Bankshares Inc. 0.02% 3,685 $548K Reduce -68.4%
CAC Camden National Corp. 0.02% 11,535 $547K New
GLDD Great Lakes Dredge & Dock Co. 0.02% 32,070 $545K New
FCFS Firstcash Holdings Inc. 0.02% 2,887 $543K Reduce -93.1%
SLAB Silicon Laboratories Inc. 0.02% 2,570 $535K Reduce -88.7%
BCE Bce Inc. 0.02% 21,173 $534K Reduce -85.9%
AEIS Advanced Energy Industries 0.02% 1,650 $532K No change
VRTS Virtus Investment Partners 0.02% 3,948 $530K No change
SRCE 1ST Source Corp. 0.02% 7,602 $526K Add +108.2%
HTB Hometrust Bancshares Inc. 0.02% 12,336 $526K Add +11.3%
STC Stewart Information Services 0.02% 8,539 $526K Reduce -66.8%
RSG Republic Services Inc. 0.02% 2,390 $523K Reduce -90.6%
PGC Peapack Gladstone Finl Corp. 0.02% 14,836 $522K Add +45.8%
ALRS Alerus Financial Corp. 0.02% 21,769 $516K New
ATMU Atmus Filtration Technologie 0.02% 9,070 $515K New
PBI Pitney Bowes Inc. 0.02% 45,790 $506K New
SAFT Safety Insurance Group Inc. 0.02% 6,905 $502K New
EQBK Equity Bancshares Inc. Class A 0.02% 11,205 $498K New
ORRF Orrstown Finl Services Inc. 0.02% 13,360 $482K Reduce -34.3%
CCNE CNB Financial Corp. 0.02% 16,516 $478K New
TITN Titan Machinery Inc. 0.02% 28,339 $474K Add +3.2%
NWPX NWPX Infrastructure Inc. 0.02% 6,040 $470K Add +4.1%
CWBC Community West Bancshares 0.02% 20,113 $469K New
NFBK Northfield Bancorp Inc. 0.02% 34,127 $462K New
SANM Sanmina Corp. 0.02% 3,543 $459K New
GDOT Green Dot Corp. Class A 0.02% 39,586 $444K Reduce -51.3%
SNCY Sun Country Airlines Holding filed as SUN CTRY AIRLS HLDGS INC 0.02% 26,206 $433K No change
COFS Choiceone Financial SVCS Inc. 0.02% 15,347 $432K Reduce -41.7%
EXTR Extreme Networks Inc. 0.02% 28,413 $428K New
MTW Manitowoc Company Inc. 0.02% 36,188 $422K Reduce -15.7%
RILY BRC Group Holdings Inc. 0.02% 57,292 $419K New
ACIC American Coastal Insurance C 0.02% 35,791 $403K Add +179.9%
SPFI South Plains Financial Inc. 0.01% 9,577 $401K New
BYRN Byrna Technologies Inc. 0.01% 43,579 $400K New
GSBC Great Southern Bancorp Inc. 0.01% 6,200 $391K Add +55.0%
FFWM First Foundation Inc. 0.01% 64,031 $378K Add +497.1%
RSKD Riskified Ltd. Class A 0.01% 95,307 $374K Reduce -11.5%
APPN Appian Corp. Class A 0.01% 15,397 $371K Reduce -85.6%
KRNY Kearny Financial Corp. 0.01% 48,890 $369K Reduce -31.4%
UIS Unisys Corp. 0.01% 178,048 $369K Add +27.0%
CLVT Clarivate PLC 0.01% 145,128 $367K New
SPXC SPX Technologies Inc. 0.01% 1,817 $363K New
SHIP Seanergy Maritime Holdings 0.01% 28,003 $362K Add +116.6%
MSBI Midland States Bancorp Inc. 0.01% 16,151 $360K Reduce -19.9%
MPB Mid Penn Bancorp Inc. 0.01% 11,098 $357K New
CBAN Colony Bankcorp 0.01% 17,747 $354K New
LAW CS Disco Inc. 0.01% 91,493 $350K New
OSBC Old Second Bancorp Inc. 0.01% 16,425 $331K New
NRIM Northrim Bancorp Inc. 0.01% 14,441 $330K Reduce -24.2%
SMWB Similarweb Ltd. 0.01% 125,623 $328K New
RGP Resources Connection Inc. 0.01% 87,714 $327K Add +88.0%
FROG Jfrog Ltd. 0.01% 6,948 $326K New
NEWT Newtekone Inc. 0.01% 29,607 $324K New
DCO Ducommun Inc. 0.01% 2,653 $324K Reduce -68.2%
UFCS United Fire Group Inc. 0.01% 8,695 $322K Add +26.4%
DSX Diana Shipping Inc. 0.01% 128,117 $320K New
FMBH First Mid Bancshares Inc. 0.01% 7,752 $319K New
IESC Ies Holdings Inc. 0.01% 670 $319K New
FCBC First Community Bankshares 0.01% 7,644 $317K New
CLMB Climb Global Solutions Inc. 0.01% 16,006 $317K New
THR Thermon Group Holdings Inc. 0.01% 6,283 $317K New
CNDT Conduent Inc. 0.01% 239,650 $307K No change
DDD 3D Systems Corp. filed as 3D SYS CORP DEL 0.01% 160,938 $303K New
BHB Bar Harbor Bankshares filed as BAR HBR BANKSHARES 0.01% 9,291 $301K New
BTE Baytex Energy Corp. 0.01% 66,600 $298K New
MTRX Matrix Service Co. 0.01% 25,591 $294K Reduce -36.8%
FSUN Firstsun Capital Bancorp 0.01% 8,005 $292K New
TCBI Texas Capital Bancshares Inc. 0.01% 3,032 $288K New
INGM Ingram Micro Holding Corp. 0.01% 12,325 $287K Reduce -78.2%
NPWR Net Power Inc. 0.01% 184,083 $287K New
CRUS Cirrus Logic Inc. 0.01% 1,970 $285K Reduce -96.8%
NBN Northeast Bank 0.01% 2,525 $284K Reduce -52.7%
DBI Designer Brands Inc. Class A 0.01% 49,460 $281K Reduce -56.1%
EBS Emergent Biosolutions Inc. 0.01% 31,265 $260K Reduce -67.1%
TCBX Third Coast Bancshares Inc. 0.01% 6,844 $259K Add +5.8%
ADTN Adtran Holdings Inc. 0.01% 20,443 $257K New
FRAF Franklin Financial Services 0.01% 5,006 $256K New
U Unity Software Inc. 0.01% 11,616 $255K Reduce -84.1%
FSBC Five Star Bancorp 0.01% 6,747 $254K Add +3.5%
PRIM Primoris Services Corp. 0.01% 1,775 $254K Reduce -39.9%
IBEX Ibex Ltd. 0.01% 9,379 $252K New
PLOW Douglas Dynamics Inc. 0.01% 5,953 $251K New
BLND Blend Labs Inc. Class A 0.01% 146,915 $250K New
ORN Orion Group Holdings Inc. 0.01% 22,683 $247K Add +7.5%
ESNT Essent Group Ltd. 0.01% 4,202 $246K New
NVRI Enviri Corp. 0.01% 12,511 $245K No change
SBSI Southside Bancshares Inc. 0.01% 7,811 $243K New
AIP Arteris Inc. 0.01% 14,678 $241K Add +31.1%
PKBK Parke Bancorp Inc. 0.01% 8,195 $233K New
PWR Quanta Services Inc. 0.01% 420 $231K New
NBR Nabors Industries Ltd. 0.01% 2,611 $225K Reduce -90.5%
NNDM Nano Dimension Ltd. - ADR 0.01% 126,012 $214K Add +366.3%
WTS Watts Water Technologies-A 0.01% 736 $214K Reduce -94.6%
DQ Daqo New Energy Corp.-ADR 0.01% 9,999 $213K New
BSRR Sierra Bancorp 0.01% 6,097 $207K New
CODA Coda Octopus Group Inc. 0.01% 17,482 $198K New
FINV Finvolution Group-ADR 0.01% 38,884 $186K No change
EGHT 8X8 Inc. 0.01% 110,874 $184K New
YEXT Yext Inc. 0.01% 47,630 $183K New
XPER Xperi Inc. 0.01% 31,299 $175K Add +97.3%
HTBK Heritage Commerce Corp. 0.01% 13,822 $172K Add +0.3%
DSP Viant Technology Inc. Class A 0.01% 11,835 $133K Reduce -43.5%
RLGT Radiant Logistics Inc. 0.00% 18,156 $128K No change
RBBN Ribbon Communications Inc. 0.00% 54,537 $116K No change
XNET Xunlei Ltd.-ADR 0.00% 19,409 $108K Reduce -38.6%
XRX Xerox Holdings Corp. 0.00% 83,499 $108K Reduce -33.2%
NABL N-Able Inc. 0.00% 21,254 $99K Reduce -74.1%
EAF Graftech International Ltd. 0.00% 14,449 $98K New
CHPT Chargepoint Holdings Inc. 0.00% 17,266 $84K New
AIRJ Airjoule Technologies Corp. 0.00% 30,252 $76K New
MTLS Materialise NV-ADR 0.00% 11,667 $58K Reduce -63.1%
JBLU Jetblue Airways Corp. 0.00% 10,041 $44K Reduce -98.4%
BAER Bridger Aerospace Group Hold 0.00% 11,922 $24K New
Other holdings (2): bonds, preferreds, convertibles and warrants · $39K (not counted above)
SecurityClassShares / PrincipalValueChange
HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 13,092$30KNo change
XRXDW Xerox Holdings Corp. *W EXP 02/11/202 104,255$9KAdd +66.8%

Total filed on the 13F, all lines: $2.7B.

Portfolio Sells Q4 2025 → Q1 2026
CRM Salesforce Inc. Sold out 0.00% −2.05
GD General Dynamics Corp. Sold out 0.00% −1.96
C Citigroup Inc. Sold out 0.00% −1.78
MRSH Marsh & McLennan Cos Sold out 0.00% −1.69
MNST Monster Beverage Corp. Sold out 0.00% −1.66
DELL Dell Technologies -C Sold out 0.00% −1.34
CTAS Cintas Corp. Reduce -68.7% 0.53% −1.19
FCX Freeport-McMoran Inc. Sold out 0.00% −1.16
NDAQ Nasdaq Inc. Sold out 0.00% −1.09
EA Electronic Arts Inc. Sold out 0.00% −1.07
HCA HCA Healthcare Inc. Sold out 0.00% −1.06
PAYX Paychex Inc. Reduce -55.9% 0.64% −0.97
BA The Boeing Co. Sold out 0.00% −0.88
WDAY Workday Inc. Class A Sold out 0.00% −0.87
DG Dollar General Corp. Sold out 0.00% −0.86
SSNC Ss&c Technologies Holdings Sold out 0.00% −0.84
FE Firstenergy Corp. Sold out 0.00% −0.80
LMT Lockheed Martin Corp. Sold out 0.00% −0.72
YUM Yum! Brands Inc. Sold out 0.00% −0.72
NEM Newmont Corp. Sold out 0.00% −0.71
STT State Street Corp. Reduce -74.5% 0.26% −0.69
BX Blackstone Inc. Reduce -66.2% 0.26% −0.69
COF Capital One Financial Corp. Sold out 0.00% −0.64
AWK American Water Works Co. Inc. Sold out 0.00% −0.64
WDC Western Digital Corp. Sold out 0.00% −0.62
NVR NVR Inc. Sold out 0.00% −0.60
TXT Textron Inc. Reduce -79.3% 0.17% −0.58
HSY The Hershey Co. Reduce -75.7% 0.24% −0.54
DBX Dropbox Inc. Class A Sold out 0.00% −0.54
COR Cencora Inc. Sold out 0.00% −0.53
FYBR Frontier Communications Pare Sold out 0.00% −0.48
ATO Atmos Energy Corp. Sold out 0.00% −0.46
CBOE Cboe Global Markets Inc. Reduce -92.4% 0.05% −0.45
STLD Steel Dynamics Inc. Reduce -47.4% 0.67% −0.42
INTU Intuit Inc. Sold out 0.00% −0.42
HUBB Hubbell Inc. Sold out 0.00% −0.41
BSY Bentley Systems Inc. Class B Sold out 0.00% −0.41
PTC PTC Inc. Reduce -90.2% 0.04% −0.39
VRSN Verisign Inc. Reduce -44.1% 0.65% −0.39
MNDY Monday.com Ltd. Sold out 0.00% −0.38
AMGN Amgen Inc. Sold out 0.00% −0.34
TRV The Travelers Cos Inc. Sold out 0.00% −0.34
LNT Alliant Energy Corp. Reduce -94.8% 0.02% −0.33
FCNCA First Citizens Bcshs Class A Reduce -60.5% 0.20% −0.32
VTR Ventas Inc. Sold out 0.00% −0.32
NI Nisource Inc. Sold out 0.00% −0.32
AZO AutoZone Inc. Sold out 0.00% −0.31
ITT Itt Inc. Reduce -69.8% 0.18% −0.31
AES AES Corp. Sold out 0.00% −0.31
PYPL PayPal Holdings Inc. Reduce -11.9% 0.93% −0.31

Portfolio Buys Q4 2025 → Q1 2026
MSFT Microsoft Corp. New 2.30% +2.30
V Visa Inc. Class A New 2.26% +2.26
NOW ServiceNow Inc. New 2.15% +2.15
TFC Truist Financial Corp. Add +2533.8% 1.98% +1.91
MCO Moody's Corp. Add +927.1% 2.12% +1.90
TDG Transdigm Group Inc. Add +1163.0% 1.91% +1.75
UBER Uber Technologies Inc. Add +740.1% 1.81% +1.59
MET Metlife Inc. New 1.37% +1.37
ADSK Autodesk Inc. Add +8125.2% 1.32% +1.30
KEY Keycorp New 1.17% +1.17
VLTO Veralto Corp. Add +1240.5% 1.14% +1.05
CNH CNH Industrial NV New 1.04% +1.04
XYZ Block Inc. New 1.00% +1.00
ARM Arm Holdings PLC-ADR New 0.93% +0.93
GWRE Guidewire Software Inc. New 0.86% +0.86
CNQ Canadian Natural Resources New 0.85% +0.85
GDDY GoDaddy Inc. Class A New 0.80% +0.80
FAST Fastenal Co. Add +33.2% 1.91% +0.78
TT Trane Technologies PLC Add +110.9% 1.25% +0.75
OC Owens Corning New 0.65% +0.65
IOT Samsara Inc. Class A New 0.64% +0.64
GE General Electric New 0.63% +0.63
ADBE Adobe Inc. Add +79.4% 2.28% +0.62
NTNX Nutanix Inc. Class A New 0.60% +0.60
AON Aon PLC Class A Add +187.4% 0.87% +0.57
TOST Toast Inc. Class A New 0.54% +0.54
WM Waste Management Inc. Add +54.4% 1.11% +0.49
DT Dynatrace Inc. Add +302.8% 0.62% +0.46
SU Suncor Energy Inc. Add +45.5% 0.76% +0.44
HON Honeywell International Inc. New 0.43% +0.43
CME Cme Group Inc. Add +4.4% 2.09% +0.41
TTAN Servicetitan Inc. Class A Add +1003.5% 0.46% +0.40
BOX Box Inc. Class A New 0.39% +0.39
CRBG Corebridge Financial Inc. Add +1265.9% 0.42% +0.39
CCC CCC Intelligent Solutions Ho Add +1037.5% 0.43% +0.38
FNF Fidelity National Financial New 0.37% +0.37
BMO Bank of Montreal Add +373.9% 0.45% +0.37
SF Stifel Financial Corp. New 0.36% +0.36
RJF Raymond James Financial Inc. New 0.35% +0.35
OKTA Okta Inc. Add +250.3% 0.49% +0.35
DBRG Digitalbridge Group Inc. New 0.35% +0.35
RELY Remitly Global Inc. Add +574.9% 0.39% +0.34
KNSL Kinsale Capital Group Inc. Add +220.3% 0.51% +0.34
DX Dynex Capital Inc. New 0.33% +0.33
WRB WR Berkley Corp. Add +265.5% 0.45% +0.33
DDOG Datadog Inc. Class A New 0.32% +0.32
CM Can Imperial BK of Commerce Add +4.5% 1.85% +0.31
IR Ingersoll-Rand Inc. Add +29.1% 1.03% +0.31
ESTC Elastic NV New 0.31% +0.31
FTV Fortive Corp. New 0.29% +0.29

Notes & Other Activity Q4 2025 → Q1 2026
XRXDW Xerox Holdings Corp. *W EXP 02/11/202 Add +66.8% 104,255 $9K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 735$5.3BGE, V, UBER, ADP, WM
Q1 2026 466$2.7BMSFT, ADBE, V, NOW, ADP
Q4 2025 548$2.9BCRM, GD, ADP, C, CTAS
Q3 2025 549$2.6BNEM, GD, HON, CM, C
Q2 2025 707$3.7BHON, NEM, FIX, GD, CI
Q1 2025 1,053$6.0BKO, HON, JPM, CI, CVS
Q4 2024 1,062$6.0BJPM, TSLA, PM, PYPL, WMT
Q2 2024 918$4.3BJPM, WMT, ADBE, CRWD, PM
Q1 2024 664$2.1BCVS, BA, PFE, PM, JPM