Systematic Financial Management LP
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 16, 2024), Systematic Financial Management LP reported 248 stock positions worth $3.3 billion. Its top holding was First Citizens Bcshs Class A (FCNCA) at 3.0% of the portfolio, followed by Magnolia Oil & Gas Class A (MGY, 2.1%) and Emcor (EME, 1.8%). Compared with Q1 2024, it opened 4 new positions, sold out of 6, added to 46 and reduced 154. The biggest buy was Provident Financial Services (PFS, shares +125%) and the biggest sale Deckers Outdoor (DECK, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- TEANECK, NJ
- CIK
- 0001085936
- Portfolio Value
- $3.3B (Q2 2024)
- SEC Filing
- 0001085936-24-000031 ↗ filed Aug 16, 2024
Holdings Value
Holdings 248 stocks · $3.3B
| FCNCA First Citizens Bcshs Class A | 3.03% | 59,246 | $99.7M | Reduce -10.1% |
| MGY Magnolia Oil & Gas Corp. Class A | 2.09% | 2,716,504 | $68.8M | Reduce -5.3% |
| EME Emcor Group Inc. | 1.76% | 158,616 | $57.9M | Reduce -14.1% |
| MLI Mueller Industries Inc. | 1.60% | 924,613 | $52.6M | Reduce -8.8% |
| NWE Northwestern Energy Group Inc. | 1.46% | 957,169 | $47.9M | Reduce -0.2% |
| KBR KBR Inc. | 1.41% | 726,111 | $46.6M | Reduce -5.7% |
| FIX Comfort Systems USA Inc. | 1.34% | 144,845 | $44.1M | Reduce -18.4% |
| PIPR Piper Sandler Cos | 1.33% | 189,835 | $43.7M | Reduce -12.4% |
| ANF Abercrombie & Fitch Co. Class A | 1.27% | 235,104 | $41.8M | Reduce -16.1% |
| ICFI Icf International Inc. | 1.25% | 276,564 | $41.1M | Reduce -6.3% |
| CW Curtiss-Wright Corp. | 1.22% | 147,730 | $40.0M | Reduce -18.6% |
| WBS Webster Financial Corp. | 1.13% | 853,218 | $37.2M | Reduce -2.0% |
| EHC Encompass Health Corp. | 1.11% | 426,124 | $36.6M | Reduce -5.8% |
| GVA Granite Construction Inc. | 1.10% | 586,364 | $36.3M | Reduce -6.0% |
| EG Everest Group Ltd. | 1.09% | 94,568 | $36.0M | Reduce -6.6% |
| WAFD Wafd Inc. | 1.02% | 1,179,479 | $33.7M | Reduce -3.5% |
| ONTO Onto Innovation Inc. | 1.00% | 150,178 | $33.0M | Reduce -29.3% |
| LYTS Lsi Industries Inc. | 1.00% | 2,276,960 | $32.9M | Reduce -3.7% |
| SBRA Sabra Health Care REIT Inc. | 0.98% | 2,100,200 | $32.3M | Reduce -3.7% |
| OC Owens Corning | 0.98% | 185,461 | $32.2M | Reduce -7.1% |
| OSIS Osi Systems Inc. | 0.97% | 233,073 | $32.1M | Reduce -2.9% |
| SF Stifel Financial Corp. | 0.96% | 374,835 | $31.5M | Reduce -6.4% |
| SIMO Silicon Motion Technol-ADR | 0.95% | 386,232 | $31.3M | Add +27.3% |
| INVA Innoviva Inc. | 0.94% | 1,889,440 | $31.0M | Reduce -8.9% |
| KBH KB Home | 0.94% | 441,124 | $31.0M | Reduce -4.3% |
| REX Rex American Resources Corp. | 0.89% | 640,035 | $29.2M | Reduce -6.4% |
| PRGO Perrigo Co. PLC | 0.89% | 1,135,821 | $29.2M | Add +0.3% |
| SIGI Selective Insurance Group | 0.89% | 310,598 | $29.1M | Reduce -3.6% |
| MSGE Madison Square Garden Entert | 0.88% | 846,232 | $29.0M | Reduce -4.2% |
| LRN Stride Inc. | 0.87% | 407,721 | $28.7M | Reduce -8.8% |
| URBN Urban Outfitters Inc. | 0.85% | 684,133 | $28.1M | Add +0.4% |
| CMC Commercial Metals Co. | 0.85% | 508,963 | $28.0M | Reduce -3.9% |
| SPB Spectrum Brands Holdings Inc. | 0.84% | 321,922 | $27.7M | Reduce -4.6% |
| APLE Apple Hospitality REIT Inc. | 0.84% | 1,892,621 | $27.5M | Add +0.1% |
| TRST Trustco Bank Corp. NY | 0.83% | 948,560 | $27.3M | Add +0.7% |
| JAZZ Jazz Pharmaceuticals PLC | 0.82% | 254,330 | $27.1M | Add +5.7% |
| WSM Williams-Sonoma Inc. | 0.82% | 95,877 | $27.1M | Reduce -13.8% |
| VSH Vishay Intertechnology Inc. | 0.82% | 1,206,125 | $26.9M | Add +1.0% |
| HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I | 0.81% | 2,244,543 | $26.8M | Reduce -14.8% |
| PRGS Progress Software Corp. | 0.81% | 492,849 | $26.7M | Reduce -4.4% |
| COHU Cohu Inc. | 0.81% | 807,310 | $26.7M | Reduce -3.9% |
| TSEM Tower Semiconductor Ltd. | 0.81% | 675,661 | $26.6M | Reduce -2.2% |
| LDOS Leidos Holdings Inc. | 0.80% | 179,958 | $26.3M | Reduce -8.1% |
| OLED Universal Display Corp. | 0.79% | 123,539 | $26.0M | Reduce -3.6% |
| AEO American Eagle Outfitters | 0.78% | 1,281,800 | $25.6M | Reduce -3.6% |
| ORI Old Republic Intl Corp. | 0.76% | 805,199 | $24.9M | Reduce -5.4% |
| VC Visteon Corp. | 0.75% | 232,238 | $24.8M | Add +5.9% |
| NX Quanex Building Products | 0.75% | 895,712 | $24.8M | Reduce -6.6% |
| SAIC Science Applications Inte | 0.75% | 210,559 | $24.8M | Reduce -0.4% |
| DOC Healthpeak Properties Inc. | 0.75% | 1,255,106 | $24.6M | Reduce -4.4% |
| EXEL Exelixis Inc. | 0.74% | 1,090,792 | $24.5M | Reduce -3.6% |
| PFS Provident Financial Services | 0.74% | 1,690,155 | $24.3M | Add +125.3% |
| OVV Ovintiv Inc. | 0.73% | 515,428 | $24.2M | Reduce -8.0% |
| CMCO Columbus McKinnon Corp. | 0.73% | 698,664 | $24.1M | Reduce -4.6% |
| AMWD American Woodmark Corp. | 0.72% | 300,068 | $23.6M | Reduce -4.7% |
| CHDN Churchill Downs Inc. | 0.68% | 159,357 | $22.2M | Reduce -7.3% |
| SASR Sandy Spring Bancorp Inc. | 0.67% | 904,434 | $22.0M | Add +12.1% |
| GENC Gencor Industries Inc. | 0.67% | 1,138,659 | $22.0M | Reduce -3.4% |
| MKSI MKS Inc. filed as MKS INSTRS INC | 0.65% | 164,728 | $21.5M | Reduce -2.9% |
| RRX Regal Rexnord Corp. | 0.65% | 158,590 | $21.4M | Reduce -3.8% |
| EFOR Everforth Inc. filed as ASGN INC | 0.65% | 242,492 | $21.4M | Add +2.8% |
| LXP LXP Industrial Trust | 0.65% | 2,339,472 | $21.3M | Reduce -2.4% |
| MLR Miller Industries Inc. | 0.65% | 387,573 | $21.3M | Reduce -3.1% |
| CCRN Cross Country Healthcare Inc. | 0.64% | 1,531,984 | $21.2M | Reduce -3.8% |
| AZTA Azenta Inc. | 0.64% | 399,748 | $21.0M | Reduce -5.0% |
| ADEA Adeia Inc. | 0.63% | 1,846,460 | $20.7M | Add +1.4% |
| MSGS Madison Square Garden Sports | 0.63% | 109,736 | $20.6M | Reduce -6.7% |
| QRVO Qorvo Inc. | 0.62% | 174,874 | $20.3M | Add +2.4% |
| MTUS Metallus Inc. | 0.61% | 982,695 | $19.9M | Reduce -4.3% |
| FCBC First Community Bankshares | 0.60% | 539,837 | $19.9M | Reduce -7.3% |
| HNI Hni Corp. | 0.60% | 436,744 | $19.7M | Reduce -8.3% |
| FRME First Merchants Corp. | 0.60% | 589,356 | $19.6M | Reduce -0.8% |
| UCB United Community Banks | 0.59% | 762,222 | $19.4M | Reduce -3.7% |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 0.59% | 947,432 | $19.3M | Reduce -2.5% |
| LZB La-Z-Boy Inc. | 0.58% | 515,421 | $19.2M | Reduce -5.3% |
| BBT Beacon Financial Corp. filed as BERKSHIRE HILLS BANCORP INC | 0.58% | 838,194 | $19.1M | Reduce -2.8% |
| NOMD Nomad Foods Ltd. | 0.57% | 1,136,306 | $18.7M | Reduce -2.7% |
| KALU Kaiser Aluminum Corp. | 0.56% | 209,423 | $18.4M | Reduce -5.0% |
| POR Portland General Electric Co. | 0.56% | 424,701 | $18.4M | Add +83.4% |
| MCFT Mastercraft Boat Holdings Inc. | 0.55% | 963,173 | $18.2M | Add +2.8% |
| DK Delek US Holdings Inc. | 0.55% | 733,539 | $18.2M | Reduce -1.8% |
| HELE Helen of Troy Ltd. | 0.55% | 193,869 | $18.0M | Add +0.4% |
| COLB Columbia Banking System Inc. | 0.54% | 899,129 | $17.9M | Reduce -2.9% |
| COHR Coherent Corp. | 0.54% | 246,792 | $17.9M | Reduce -4.3% |
| ADC Agree Realty Corp. | 0.54% | 286,868 | $17.8M | Add +0.6% |
| CHCT Community Healthcare Trust I | 0.53% | 749,243 | $17.5M | Add +8.0% |
| HP Helmerich & Payne | 0.52% | 472,045 | $17.1M | Reduce -2.3% |
| NE Noble Corp. PLC | 0.51% | 374,466 | $16.7M | Reduce -0.5% |
| PII Polaris Inc. | 0.50% | 208,870 | $16.4M | Add +8.5% |
| HSII Heidrick & Struggles Intl | 0.49% | 511,211 | $16.1M | Reduce -6.4% |
| SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD | 0.49% | 378,850 | $16.0M | Reduce -18.5% |
| INMD Inmode Ltd. | 0.48% | 866,619 | $15.8M | Add +34.5% |
| SDRL Seadrill Limited | 0.48% | 304,791 | $15.7M | Reduce -5.3% |
| HAYW Hayward Holdings Inc. | 0.48% | 1,274,415 | $15.7M | Reduce -5.9% |
| TPR Tapestry Inc. | 0.47% | 361,376 | $15.5M | Reduce -7.7% |
| KRG Kite Realty Group Trust | 0.47% | 688,575 | $15.4M | Add +34.0% |
| GEF Greif Inc. Class A | 0.46% | 262,058 | $15.1M | Add +12.3% |
| EHAB Enhabit Inc. | 0.44% | 1,638,964 | $14.6M | Reduce -2.2% |
| PHM Pultegroup Inc. | 0.42% | 125,417 | $13.8M | Reduce -8.6% |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.41% | 226,405 | $13.6M | Reduce -3.6% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $10K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 231 | $10K | No change |
Total filed on the 13F, all lines: $3.3B.
Portfolio Sells Q1 2024 → Q2 2024
| DECK Deckers Outdoor Corp. | Reduce -100.0% | 0.00% | −0.64 |
| DOOR Masonite International Corp. | Sold out | 0.00% | −0.45 |
| LBAI Lakeland Bancorp Inc. | Sold out | 0.00% | −0.45 |
| NX Quanex Building Products | Reduce -6.6% | 0.75% | −0.28 |
| PERI Perion Network Ltd. | Reduce -21.6% | 0.12% | −0.26 |
| FIX Comfort Systems USA Inc. | Reduce -18.4% | 1.34% | −0.24 |
| REX Rex American Resources Corp. | Reduce -6.4% | 0.89% | −0.23 |
| O Realty Income Corp. | Reduce -87.9% | 0.03% | −0.22 |
| CCRN Cross Country Healthcare Inc. | Reduce -3.8% | 0.64% | −0.19 |
| AEO American Eagle Outfitters | Reduce -3.6% | 0.78% | −0.18 |
| CMCO Columbus McKinnon Corp. | Reduce -4.6% | 0.73% | −0.18 |
| RRX Regal Rexnord Corp. | Reduce -3.8% | 0.65% | −0.18 |
| AMWD American Woodmark Corp. | Reduce -4.7% | 0.72% | −0.18 |
| WSM Williams-Sonoma Inc. | Reduce -13.8% | 0.82% | −0.16 |
| CENTRAL VALLEY COMM BANCORP | Sold out | 0.00% | −0.13 |
| MEI Methode Electronics Inc. | Reduce -67.0% | 0.06% | −0.13 |
| SPHR Sphere Entertainment Co. | Reduce -2.0% | 0.38% | −0.12 |
| QDEL Quidelortho Corp. | Reduce -27.0% | 0.14% | −0.12 |
| WBS Webster Financial Corp. | Reduce -2.0% | 1.13% | −0.10 |
| HAYW Hayward Holdings Inc. | Reduce -5.9% | 0.48% | −0.10 |
| EHAB Enhabit Inc. | Reduce -2.2% | 0.44% | −0.10 |
| SIGI Selective Insurance Group | Reduce -3.6% | 0.89% | −0.10 |
| DK Delek US Holdings Inc. | Reduce -1.8% | 0.55% | −0.09 |
| MSGE Madison Square Garden Entert | Reduce -4.2% | 0.88% | −0.09 |
| ASO Academy Sports & Outdoors Inc. | Reduce -5.0% | 0.36% | −0.08 |
| RDUS Radius Recycling Inc. Class A | Reduce -2.4% | 0.27% | −0.08 |
| CW Curtiss-Wright Corp. | Reduce -18.6% | 1.22% | −0.08 |
| OVV Ovintiv Inc. | Reduce -8.0% | 0.73% | −0.08 |
| ONTO Onto Innovation Inc. | Reduce -29.3% | 1.00% | −0.07 |
| AZTA Azenta Inc. | Reduce -5.0% | 0.64% | −0.07 |
| NOMD Nomad Foods Ltd. | Reduce -2.7% | 0.57% | −0.07 |
| AMN Amn Healthcare Services Inc. | Reduce -6.2% | 0.32% | −0.06 |
| SHOO Steven Madden Ltd. | Reduce -18.5% | 0.49% | −0.06 |
| MRVI Maravai Lifesciences Hldgs-A | Reduce -6.6% | 0.31% | −0.06 |
| AXTI Axt Inc. | Reduce -12.7% | 0.13% | −0.06 |
| ESLT Elbit Systems Ltd. | Reduce -4.5% | 0.36% | −0.05 |
| TPR Tapestry Inc. | Reduce -7.7% | 0.47% | −0.05 |
| HP Helmerich & Payne | Reduce -2.3% | 0.52% | −0.05 |
| OSUR Orasure Technologies Inc. | Reduce -1.3% | 0.14% | −0.05 |
| EME Emcor Group Inc. | Reduce -14.1% | 1.76% | −0.05 |
| PHM Pultegroup Inc. | Reduce -8.6% | 0.42% | −0.04 |
| VLGEA Village Super Market Class A | Reduce -11.1% | 0.35% | −0.04 |
| DOO BRP Inc./Ca- Sub Voting | Reduce -13.5% | 0.36% | −0.04 |
| PLOW Douglas Dynamics Inc. | Reduce -21.2% | 0.18% | −0.04 |
| HLIT Harmonic Inc. | Reduce -4.2% | 0.35% | −0.03 |
| MTUS Metallus Inc. | Reduce -4.3% | 0.61% | −0.03 |
| DRH Diamondrock Hospitality Co. | Reduce -3.4% | 0.38% | −0.03 |
| ROCK Gibraltar Industries Inc. | Reduce -4.6% | 0.23% | −0.03 |
| ITRI Itron Inc. | Reduce -20.9% | 0.36% | −0.03 |
| KVHI KVH Industries Inc. | Reduce -13.1% | 0.19% | −0.03 |
Portfolio Buys Q1 2024 → Q2 2024
| PFS Provident Financial Services | Add +125.3% | 0.74% | +0.43 |
| SIMO Silicon Motion Technol-ADR | Add +27.3% | 0.95% | +0.30 |
| IART Integra Lifesciences Holding | Add +540.6% | 0.35% | +0.29 |
| POR Portland General Electric Co. | Add +83.4% | 0.56% | +0.29 |
| VVX V2X Inc. | Add +152.7% | 0.41% | +0.26 |
| IMKTA Ingles Markets Inc. Class A | Add +103.1% | 0.38% | +0.19 |
| KRG Kite Realty Group Trust | Add +34.0% | 0.47% | +0.16 |
| UMBF Umb Financial Corp. | New | 0.15% | +0.15 |
| CWBC Community West Bancshares | New | 0.15% | +0.15 |
| SASR Sandy Spring Bancorp Inc. | Add +12.1% | 0.67% | +0.15 |
| AUB Atlantic Union Bankshares Co. | Add +51.1% | 0.35% | +0.12 |
| UBSI United Bankshares Inc. | Add +73.8% | 0.28% | +0.11 |
| EBC Eastern Bankshares Inc. | New | 0.11% | +0.11 |
| GDEN Golden Entertainment Inc. | Add +78.2% | 0.27% | +0.10 |
| INMD Inmode Ltd. | Add +34.5% | 0.48% | +0.09 |
| BNL Broadstone Net Lease Inc. | New | 0.09% | +0.09 |
| TRST Trustco Bank Corp. NY | Add +0.7% | 0.83% | +0.09 |
| ADC Agree Realty Corp. | Add +0.6% | 0.54% | +0.09 |
| ADEA Adeia Inc. | Add +1.4% | 0.63% | +0.07 |
| BLMN Bloomin' Brands Inc. | Add +76.5% | 0.32% | +0.07 |
| QRVO Qorvo Inc. | Add +2.4% | 0.62% | +0.07 |
| ANGO Angiodynamics Inc. | Add +8.4% | 0.39% | +0.07 |
| VSH Vishay Intertechnology Inc. | Add +1.0% | 0.82% | +0.06 |
| SONO Sonos Inc. | Add +39.9% | 0.34% | +0.05 |
| GEHC GE Healthcare Technology | Add +254.8% | 0.07% | +0.05 |
| UFCS United Fire Group Inc. | Add +11.6% | 0.29% | +0.05 |
| VC Visteon Corp. | Add +5.9% | 0.75% | +0.03 |
| NMRK Newmark Group Inc. Class A | Add +11.9% | 0.29% | +0.03 |
| PNW Pinnacle West Capital | Add +25.3% | 0.11% | +0.03 |
| URBN Urban Outfitters Inc. | Add +0.4% | 0.85% | +0.03 |
| CHCT Community Healthcare Trust I | Add +8.0% | 0.53% | +0.02 |
| JAZZ Jazz Pharmaceuticals PLC | Add +5.7% | 0.82% | +0.02 |
| IWN iShares Russell 2000 Value E | Add +75.3% | 0.03% | +0.02 |
| PRTA Prothena Corp. PLC | Add +25.8% | 0.12% | +0.01 |
| FCX Freeport-McMoran Inc. | Add +69.0% | 0.02% | +0.01 |
| BIIB Biogen Inc. | Add +12.3% | 0.03% | +0.01 |
| GEF Greif Inc. Class A | Add +12.3% | 0.46% | +0.01 |
| ETR Entergy Corp. | Add +12.9% | 0.02% | +0.00 |
| AKAM Akamai Technologies Inc. | Add +52.7% | 0.01% | +0.00 |
| CAG Conagra Brands Inc. | Add +6.6% | 0.03% | +0.00 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +129.8% | 0.00% | +0.00 |
| HUN Huntsman Corp. | Add +4.0% | 0.36% | −0.00 |
| MGA Magna International Inc. | Add +6.0% | 0.05% | −0.01 |
| LEA Lear Corp. | Add +1.0% | 0.06% | −0.01 |
| APLE Apple Hospitality REIT Inc. | Add +0.1% | 0.84% | −0.03 |
| EFOR Everforth Inc. | Add +2.8% | 0.65% | −0.04 |
| PII Polaris Inc. | Add +8.5% | 0.50% | −0.04 |
| MCFT Mastercraft Boat Holdings Inc. | Add +2.8% | 0.55% | −0.07 |
| HELE Helen of Troy Ltd. | Add +0.4% | 0.55% | −0.07 |
| PRGO Perrigo Co. PLC | Add +0.3% | 0.89% | −0.13 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 243 | $5.0B | SIMO, MLI, JAZZ, COHU, MKSI |
| Q1 2026 | 247 | $4.4B | TSEM, MGY, MLI, EME, JAZZ |
| Q4 2025 | 252 | $4.2B | MLI, EME, TSEM, NWE, JAZZ |
| Q3 2025 | 245 | $4.1B | EME, MLI, MGY, NWE, PIPR |
| Q2 2025 | 245 | $3.7B | EME, MLI, MGY, OSIS, NWE |
| Q1 2025 | 245 | $3.5B | MGY, MLI, NWE, EME, WBS |
| Q4 2024 | 250 | $3.9B | MLI, EME, MGY, FCNCA, PIPR |
| Q3 2024 | 335 | $3.9B | EME, MGY, MLI, FCNCA, NWE |
| Q2 2024 | 248 | $3.3B | FCNCA, MGY, EME, MLI, NWE |
| Q1 2024 | 250 | $3.6B | FCNCA, MGY, EME, FIX, MLI |