Systematic Financial Management LP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Systematic Financial Management LP reported 335 stock positions worth $3.9 billion. Its top holding was Emcor (EME) at 1.8% of the portfolio, followed by Magnolia Oil & Gas Class A (MGY, 1.8%) and Mueller Industries (MLI, 1.8%). Compared with Q2 2024, it opened 88 new positions, sold out of 1, added to 152 and reduced 52. The biggest buy was Umb Financial (UMBF, shares +439%) and the biggest sale First Citizens Bcshs Class A (FCNCA, shares −38%).
- Most Recent 13F
- Q2 2026
- Location
- TEANECK, NJ
- CIK
- 0001085936
- Portfolio Value
- $3.9B (Q3 2024)
- SEC Filing
- 0001085936-24-000036 ↗ filed Nov 14, 2024
Holdings Value
Holdings 335 stocks · $3.9B
| EME Emcor Group Inc. | 1.84% | 167,716 | $72.2M | Add +5.7% |
| MGY Magnolia Oil & Gas Corp. Class A | 1.82% | 2,920,018 | $71.3M | Add +7.5% |
| MLI Mueller Industries Inc. | 1.77% | 939,342 | $69.6M | Add +1.6% |
| FCNCA First Citizens Bcshs Class A | 1.74% | 37,022 | $68.2M | Reduce -37.5% |
| NWE Northwestern Energy Group Inc. | 1.56% | 1,070,434 | $61.3M | Add +11.8% |
| PIPR Piper Sandler Cos | 1.42% | 196,342 | $55.7M | Add +3.4% |
| KBR KBR Inc. | 1.30% | 781,777 | $50.9M | Add +7.7% |
| FIX Comfort Systems USA Inc. | 1.29% | 129,611 | $50.6M | Reduce -10.5% |
| WAFD Wafd Inc. | 1.27% | 1,432,523 | $49.9M | Add +21.4% |
| CW Curtiss-Wright Corp. | 1.23% | 146,347 | $48.1M | Reduce -0.9% |
| GVA Granite Construction Inc. | 1.22% | 604,950 | $48.0M | Add +3.2% |
| ICFI Icf International Inc. | 1.19% | 279,048 | $46.5M | Add +0.9% |
| WBS Webster Financial Corp. | 1.14% | 960,383 | $44.8M | Add +12.6% |
| EHC Encompass Health Corp. | 1.14% | 461,289 | $44.6M | Add +8.3% |
| SBRA Sabra Health Care REIT Inc. | 1.09% | 2,292,473 | $42.7M | Add +9.2% |
| EG Everest Group Ltd. | 1.04% | 104,235 | $40.8M | Add +10.2% |
| KBH KB Home | 1.02% | 469,437 | $40.2M | Add +6.4% |
| OSIS Osi Systems Inc. | 1.02% | 264,342 | $40.1M | Add +13.4% |
| LYTS Lsi Industries Inc. | 1.00% | 2,439,120 | $39.4M | Add +7.1% |
| ANF Abercrombie & Fitch Co. Class A | 0.99% | 278,221 | $38.9M | Add +18.3% |
| INVA Innoviva Inc. | 0.97% | 1,979,073 | $38.2M | Add +4.7% |
| SF Stifel Financial Corp. | 0.97% | 404,416 | $38.0M | Add +7.9% |
| MSGE Madison Square Garden Entert | 0.97% | 891,493 | $37.9M | Add +5.3% |
| OC Owens Corning | 0.95% | 211,221 | $37.3M | Add +13.9% |
| TRST Trustco Bank Corp. NY | 0.93% | 1,109,561 | $36.7M | Add +17.0% |
| PRGS Progress Software Corp. | 0.93% | 544,417 | $36.7M | Add +10.5% |
| PFS Provident Financial Services | 0.89% | 1,888,623 | $35.1M | Add +11.7% |
| LRN Stride Inc. | 0.89% | 409,002 | $34.9M | Add +0.3% |
| UMBF Umb Financial Corp. | 0.86% | 320,550 | $33.7M | Add +438.8% |
| TSEM Tower Semiconductor Ltd. | 0.86% | 761,064 | $33.7M | Add +12.6% |
| SPB Spectrum Brands Holdings Inc. | 0.84% | 346,005 | $32.9M | Add +7.5% |
| PRGO Perrigo Co. PLC | 0.84% | 1,252,653 | $32.9M | Add +10.3% |
| DOC Healthpeak Properties Inc. | 0.83% | 1,420,387 | $32.5M | Add +13.2% |
| SASR Sandy Spring Bancorp Inc. | 0.82% | 1,025,227 | $32.2M | Add +13.4% |
| REX Rex American Resources Corp. | 0.82% | 692,926 | $32.1M | Add +8.3% |
| SAIC Science Applications Inte | 0.82% | 230,005 | $32.0M | Add +9.2% |
| ONTO Onto Innovation Inc. | 0.81% | 153,547 | $31.9M | Add +2.2% |
| JAZZ Jazz Pharmaceuticals PLC | 0.81% | 283,977 | $31.6M | Add +11.7% |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 0.80% | 1,090,834 | $31.4M | Add +15.1% |
| WSM Williams-Sonoma Inc. | 0.80% | 202,296 | $31.3M | Add +5.5% |
| ORI Old Republic Intl Corp. | 0.80% | 882,782 | $31.3M | Add +9.6% |
| AEO American Eagle Outfitters | 0.80% | 1,394,167 | $31.2M | Add +8.8% |
| APLE Apple Hospitality REIT Inc. | 0.79% | 2,099,877 | $31.2M | Add +10.9% |
| AMWD American Woodmark Corp. | 0.79% | 330,561 | $30.9M | Add +10.2% |
| COLB Columbia Banking System Inc. | 0.77% | 1,164,810 | $30.4M | Add +29.6% |
| EXEL Exelixis Inc. | 0.77% | 1,168,391 | $30.3M | Add +7.1% |
| CMC Commercial Metals Co. | 0.77% | 549,935 | $30.2M | Add +8.1% |
| LDOS Leidos Holdings Inc. | 0.77% | 184,330 | $30.0M | Add +2.4% |
| SIMO Silicon Motion Technol-ADR | 0.76% | 494,328 | $30.0M | Add +28.0% |
| EBC Eastern Bankshares Inc. | 0.72% | 1,730,639 | $28.4M | Add +595.7% |
| NX Quanex Building Products | 0.72% | 1,022,002 | $28.4M | Add +14.1% |
| SIGI Selective Insurance Group | 0.72% | 303,912 | $28.4M | Reduce -2.1% |
| CMCO Columbus McKinnon Corp. | 0.72% | 782,274 | $28.2M | Add +12.0% |
| URBN Urban Outfitters Inc. | 0.70% | 721,732 | $27.6M | Add +5.5% |
| HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I | 0.70% | 2,480,765 | $27.5M | Add +10.5% |
| LXP LXP Industrial Trust | 0.68% | 2,673,501 | $26.9M | Add +14.3% |
| OLED Universal Display Corp. | 0.67% | 126,091 | $26.5M | Add +2.1% |
| VSH Vishay Intertechnology Inc. | 0.67% | 1,388,337 | $26.3M | Add +15.1% |
| RRX Regal Rexnord Corp. | 0.67% | 157,828 | $26.2M | Reduce -0.5% |
| MSGS Madison Square Garden Sports | 0.66% | 124,327 | $25.9M | Add +13.3% |
| UCB United Community Banks | 0.66% | 889,329 | $25.9M | Add +16.7% |
| POR Portland General Electric Co. | 0.66% | 537,862 | $25.8M | Add +26.6% |
| ADEA Adeia Inc. | 0.66% | 2,160,201 | $25.7M | Add +17.0% |
| BBT Beacon Financial Corp. filed as BERKSHIRE HILLS BANCORP INC | 0.65% | 952,627 | $25.7M | Add +13.7% |
| FRME First Merchants Corp. | 0.65% | 682,675 | $25.4M | Add +15.8% |
| HNI Hni Corp. | 0.64% | 465,837 | $25.1M | Add +6.7% |
| EFOR Everforth Inc. filed as ASGN INC | 0.63% | 266,097 | $24.8M | Add +9.7% |
| VC Visteon Corp. | 0.63% | 259,641 | $24.7M | Add +11.8% |
| LZB La-Z-Boy Inc. | 0.62% | 563,684 | $24.2M | Add +9.4% |
| NOMD Nomad Foods Ltd. | 0.62% | 1,267,098 | $24.2M | Add +11.5% |
| MLR Miller Industries Inc. | 0.61% | 395,159 | $24.1M | Add +2.0% |
| GENC Gencor Industries Inc. | 0.61% | 1,149,333 | $24.0M | Add +0.9% |
| ADC Agree Realty Corp. | 0.60% | 313,744 | $23.6M | Add +9.4% |
| CHDN Churchill Downs Inc. | 0.59% | 171,274 | $23.2M | Add +7.5% |
| FCBC First Community Bankshares | 0.58% | 531,744 | $22.9M | Reduce -1.5% |
| COHU Cohu Inc. | 0.58% | 885,347 | $22.8M | Add +9.7% |
| OVV Ovintiv Inc. | 0.58% | 591,039 | $22.6M | Add +14.7% |
| VVX V2X Inc. | 0.57% | 401,121 | $22.4M | Add +43.5% |
| CCRN Cross Country Healthcare Inc. | 0.57% | 1,662,730 | $22.3M | Add +8.5% |
| NMRK Newmark Group Inc. Class A | 0.56% | 1,421,985 | $22.1M | Add +53.1% |
| COHR Coherent Corp. | 0.56% | 247,240 | $22.0M | Add +0.2% |
| MKSI MKS Inc. filed as MKS INSTRS INC | 0.55% | 198,833 | $21.6M | Add +20.7% |
| HSII Heidrick & Struggles Intl | 0.55% | 554,298 | $21.5M | Add +8.4% |
| SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD | 0.55% | 439,126 | $21.5M | Add +15.9% |
| HAYW Hayward Holdings Inc. | 0.55% | 1,397,065 | $21.4M | Add +9.6% |
| AZTA Azenta Inc. | 0.54% | 434,597 | $21.1M | Add +8.7% |
| KRG Kite Realty Group Trust | 0.52% | 764,415 | $20.3M | Add +11.0% |
| QRVO Qorvo Inc. | 0.50% | 189,967 | $19.6M | Add +8.6% |
| PII Polaris Inc. | 0.49% | 229,565 | $19.1M | Add +9.9% |
| GEF Greif Inc. Class A | 0.48% | 302,552 | $19.0M | Add +15.4% |
| ANGO Angiodynamics Inc. | 0.48% | 2,410,346 | $18.8M | Add +14.3% |
| MCFT Mastercraft Boat Holdings Inc. | 0.48% | 1,028,585 | $18.7M | Add +6.8% |
| PHM Pultegroup Inc. | 0.48% | 130,257 | $18.7M | Add +3.9% |
| TPR Tapestry Inc. | 0.47% | 395,316 | $18.6M | Add +9.4% |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.47% | 253,855 | $18.3M | Add +12.1% |
| NE Noble Corp. PLC | 0.45% | 487,431 | $17.6M | Add +30.2% |
| AUB Atlantic Union Bankshares Co. | 0.44% | 463,039 | $17.4M | Add +33.7% |
| OCFC Oceanfirst Financial Corp. | 0.43% | 917,085 | $17.0M | Add +10.8% |
| KALU Kaiser Aluminum Corp. | 0.43% | 234,917 | $17.0M | Add +12.2% |
| CHCT Community Healthcare Trust I | 0.43% | 936,753 | $17.0M | Add +25.0% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $7K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 231 | $7K | No change |
Total filed on the 13F, all lines: $3.9B.
Portfolio Sells Q2 2024 → Q3 2024
| FCNCA First Citizens Bcshs Class A | Reduce -37.5% | 1.74% | −1.29 |
| SIGI Selective Insurance Group | Reduce -2.1% | 0.72% | −0.16 |
| PRTA Prothena Corp. PLC | Reduce -95.8% | 0.00% | −0.12 |
| SILC Silicom Ltd. | Reduce -17.6% | 0.17% | −0.10 |
| DAN Dana Inc. | Reduce -22.1% | 0.09% | −0.07 |
| KLAC KLA Corp. | Reduce -39.5% | 0.06% | −0.06 |
| MX Magnachip Semiconductor Corp. | Reduce -0.8% | 0.25% | −0.06 |
| APEI American Public Education | Reduce -0.2% | 0.13% | −0.06 |
| SRI Stoneridge Inc. | Reduce -16.0% | 0.05% | −0.05 |
| FIX Comfort Systems USA Inc. | Reduce -10.5% | 1.29% | −0.05 |
| ASO Academy Sports & Outdoors Inc. | Reduce -3.8% | 0.32% | −0.04 |
| ROCK Gibraltar Industries Inc. | Reduce -1.3% | 0.20% | −0.04 |
| FANG Diamondback Energy Inc. | Reduce -2.0% | 0.09% | −0.04 |
| MEI Methode Electronics Inc. | Reduce -56.5% | 0.02% | −0.03 |
| O Realty Income Corp. | Reduce -99.8% | 0.00% | −0.03 |
| KVHI KVH Industries Inc. | Reduce -3.1% | 0.16% | −0.03 |
| STRA Strategic Education Inc. | Reduce -2.8% | 0.06% | −0.03 |
| PLOW Douglas Dynamics Inc. | Reduce -12.7% | 0.15% | −0.02 |
| FCBC First Community Bankshares | Reduce -1.5% | 0.58% | −0.02 |
| FCN Fti Consulting Inc. | Reduce -0.7% | 0.14% | −0.02 |
| RJF Raymond James Financial Inc. | Reduce -1.8% | 0.09% | −0.02 |
| LHX L3HARRIS Technologies Inc. | Reduce -1.8% | 0.13% | −0.02 |
| HST Host Hotels & Resorts Inc. | Reduce -1.7% | 0.06% | −0.01 |
| DKS Dick's Sporting Goods Inc. | Reduce -12.1% | 0.03% | −0.01 |
| LEA Lear Corp. | Reduce -2.4% | 0.04% | −0.01 |
| MGA Magna International Inc. | Reduce -2.3% | 0.04% | −0.01 |
| SWKS Skyworks Solutions Inc. | Reduce -1.9% | 0.03% | −0.01 |
| ELV Elevance Health Inc. | Reduce -30.4% | 0.01% | −0.01 |
| RL Ralph Lauren Corp. | Reduce -3.2% | 0.09% | −0.01 |
| FSTR Foster (lb) Co. Class A | Reduce -3.8% | 0.03% | −0.01 |
| DOX Amdocs Ltd. | Reduce -2.8% | 0.06% | −0.01 |
| PNW Pinnacle West Capital | Reduce -2.7% | 0.10% | −0.01 |
| CHKP Check Point Software Tech | Reduce -2.7% | 0.11% | −0.01 |
| CFG Citizens Financial Group | Reduce -1.1% | 0.08% | −0.00 |
| LH Labcorp Holdings Inc. | Reduce -0.6% | 0.05% | −0.00 |
| EMN Eastman Chemical Co. | Reduce -1.7% | 0.07% | −0.00 |
| NNN NNN REIT Inc. | Reduce -0.9% | 0.05% | −0.00 |
| CF CF Industries Holdings Inc. | Reduce -2.9% | 0.05% | −0.00 |
| AIZ Assurant Inc. | Reduce -3.4% | 0.08% | −0.00 |
| GEHC GE Healthcare Technology | Reduce -2.7% | 0.07% | −0.00 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -72.5% | 0.00% | −0.00 |
| UHAL U-Haul Holding Co. | Reduce -12.6% | 0.00% | −0.00 |
| PRFT Perficient Inc. | Reduce -71.4% | 0.00% | −0.00 |
| DECK Deckers Outdoor Corp. | Reduce -43.3% | 0.00% | −0.00 |
| IJS iShares S&P Small-Cap 600 Va | Sold out | 0.00% | 0.00 |
| VLGEA Village Super Market Class A | Reduce -0.6% | 0.35% | +0.00 |
| ALSN Allison Transmission Holding | Reduce -2.3% | 0.05% | +0.00 |
| MAS Masco Corp. | Reduce -2.9% | 0.07% | +0.00 |
| CIEN Ciena Corp. | Reduce -3.4% | 0.09% | +0.00 |
| FFIV F5 Inc. | Reduce -2.6% | 0.09% | +0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| UMBF Umb Financial Corp. | Add +438.8% | 0.86% | +0.71 |
| EBC Eastern Bankshares Inc. | Add +595.7% | 0.72% | +0.62 |
| NMRK Newmark Group Inc. Class A | Add +53.1% | 0.56% | +0.27 |
| BNL Broadstone Net Lease Inc. | Add +298.1% | 0.36% | +0.27 |
| WAFD Wafd Inc. | Add +21.4% | 1.27% | +0.25 |
| COLB Columbia Banking System Inc. | Add +29.6% | 0.77% | +0.23 |
| DCOM Dime Commercial Bancshares I | Add +15.1% | 0.80% | +0.21 |
| MLI Mueller Industries Inc. | Add +1.6% | 1.77% | +0.17 |
| VVX V2X Inc. | Add +43.5% | 0.57% | +0.16 |
| PFS Provident Financial Services | Add +11.7% | 0.89% | +0.16 |
| SASR Sandy Spring Bancorp Inc. | Add +13.4% | 0.82% | +0.15 |
| PRGS Progress Software Corp. | Add +10.5% | 0.93% | +0.12 |
| GVA Granite Construction Inc. | Add +3.2% | 1.22% | +0.12 |
| TRST Trustco Bank Corp. NY | Add +17.0% | 0.93% | +0.11 |
| SBRA Sabra Health Care REIT Inc. | Add +9.2% | 1.09% | +0.10 |
| NWE Northwestern Energy Group Inc. | Add +11.8% | 1.56% | +0.10 |
| AUB Atlantic Union Bankshares Co. | Add +33.7% | 0.44% | +0.10 |
| POR Portland General Electric Co. | Add +26.6% | 0.66% | +0.10 |
| UBSI United Bankshares Inc. | Add +40.1% | 0.37% | +0.09 |
| PIPR Piper Sandler Cos | Add +3.4% | 1.42% | +0.09 |
| ANGO Angiodynamics Inc. | Add +14.3% | 0.48% | +0.09 |
| MSGE Madison Square Garden Entert | Add +5.3% | 0.97% | +0.09 |
| KBH KB Home | Add +6.4% | 1.02% | +0.08 |
| DOC Healthpeak Properties Inc. | Add +13.2% | 0.83% | +0.08 |
| EME Emcor Group Inc. | Add +5.7% | 1.84% | +0.08 |
| BBT Beacon Financial Corp. | Add +13.7% | 0.65% | +0.07 |
| AMWD American Woodmark Corp. | Add +10.2% | 0.79% | +0.07 |
| HAYW Hayward Holdings Inc. | Add +9.6% | 0.55% | +0.07 |
| UCB United Community Banks | Add +16.7% | 0.66% | +0.07 |
| SAIC Science Applications Inte | Add +9.2% | 0.82% | +0.06 |
| ADC Agree Realty Corp. | Add +9.4% | 0.60% | +0.06 |
| SHOO Steven Madden Ltd. | Add +15.9% | 0.55% | +0.06 |
| HSII Heidrick & Struggles Intl | Add +8.4% | 0.55% | +0.06 |
| HLIT Harmonic Inc. | Add +12.0% | 0.41% | +0.06 |
| PHM Pultegroup Inc. | Add +3.9% | 0.48% | +0.06 |
| PDM Piedmont Realty Trust Inc. | Add +4.3% | 0.30% | +0.05 |
| UHAL.B U-Haul Holding Co.-Non Voting | Add +12.1% | 0.47% | +0.05 |
| TSEM Tower Semiconductor Ltd. | Add +12.6% | 0.86% | +0.05 |
| FRME First Merchants Corp. | Add +15.8% | 0.65% | +0.05 |
| KRG Kite Realty Group Trust | Add +11.0% | 0.52% | +0.05 |
| OSIS Osi Systems Inc. | Add +13.4% | 1.02% | +0.05 |
| NOMD Nomad Foods Ltd. | Add +11.5% | 0.62% | +0.05 |
| HNI Hni Corp. | Add +6.7% | 0.64% | +0.04 |
| ORI Old Republic Intl Corp. | Add +9.6% | 0.80% | +0.04 |
| BDN Brandywine Realty Trust | Add +36.4% | 0.13% | +0.04 |
| EAT Brinker International Inc. | New | 0.04% | +0.04 |
| LXP LXP Industrial Trust | Add +14.3% | 0.68% | +0.04 |
| MRVI Maravai Lifesciences Hldgs-A | Add +14.7% | 0.34% | +0.04 |
| OCFC Oceanfirst Financial Corp. | Add +10.8% | 0.43% | +0.03 |
| SPHR Sphere Entertainment Co. | Add +3.0% | 0.42% | +0.03 |
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 |