Systematic Financial Management LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), Systematic Financial Management LP reported 247 stock positions worth $4.4 billion. Its top holding was Tower Semiconductor (TSEM) at 2.2% of the portfolio, followed by Magnolia Oil & Gas Class A (MGY, 2.0%) and Mueller Industries (MLI, 2.0%). Compared with Q4 2025, it opened 7 new positions, sold out of 12, added to 45 and reduced 165. The biggest buy was a new position in Dentsply Sirona (XRAY) and the biggest sale Elbit Systems (ESLT, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- TEANECK, NJ
- CIK
- 0001085936
- Portfolio Value
- $4.4B (Q1 2026)
- SEC Filing
- 0001085936-26-000016 ↗ filed May 13, 2026
Holdings Value
Holdings 247 stocks · $4.4B
| TSEM Tower Semiconductor Ltd. | 2.21% | 548,860 | $96.3M | Reduce -15.7% |
| MGY Magnolia Oil & Gas Corp. Class A | 2.04% | 2,813,278 | $88.8M | Reduce -4.3% |
| MLI Mueller Industries Inc. | 1.99% | 784,687 | $86.9M | Reduce -4.2% |
| EME Emcor Group Inc. | 1.94% | 114,503 | $84.5M | Reduce -10.4% |
| JAZZ Jazz Pharmaceuticals PLC | 1.76% | 407,114 | $77.0M | Add +2.6% |
| NWE Northwestern Energy Group Inc. | 1.71% | 1,132,065 | $74.6M | Reduce -2.4% |
| ADEA Adeia Inc. | 1.48% | 2,686,066 | $64.5M | Reduce -7.1% |
| GVA Granite Construction Inc. | 1.44% | 525,292 | $63.0M | Reduce -2.0% |
| OSIS Osi Systems Inc. | 1.33% | 219,241 | $58.2M | Reduce -6.0% |
| SIMO Silicon Motion Technol-ADR | 1.30% | 506,725 | $56.9M | Reduce -13.1% |
| MKSI MKS Inc. | 1.28% | 242,063 | $55.6M | Reduce -8.6% |
| PIPR Piper Sandler Cos | 1.27% | 722,028 | $55.3M | Reduce -3.6% |
| AUB Atlantic Union Bankshares Co. | 1.26% | 1,533,559 | $54.8M | Reduce -0.7% |
| TRST Trustco Bank Corp. NY | 1.17% | 1,165,133 | $51.0M | Reduce -0.7% |
| REX Rex American Resources Corp. | 1.16% | 1,108,830 | $50.5M | Reduce -6.6% |
| WBS Webster Financial Corp. | 1.16% | 726,069 | $50.4M | Reduce -28.7% |
| MSGS Madison Square Garden Sports | 1.14% | 154,501 | $49.7M | Reduce -1.3% |
| WAFD Wafd Inc. | 1.11% | 1,538,351 | $48.3M | Reduce -1.2% |
| INVA Innoviva Inc. | 1.08% | 2,024,082 | $47.2M | Reduce -4.3% |
| MSGE Madison Square Garden Entert | 1.07% | 795,201 | $46.8M | Reduce -8.0% |
| LYTS Lsi Industries Inc. | 1.07% | 2,503,148 | $46.6M | Reduce -2.0% |
| SF Stifel Financial Corp. | 1.05% | 616,827 | $45.6M | Reduce -0.6% |
| EHC Encompass Health Corp. | 0.99% | 446,405 | $43.2M | Add +1.3% |
| COHU Cohu Inc. | 0.98% | 1,401,234 | $42.9M | Reduce -9.1% |
| OVV Ovintiv Inc. | 0.98% | 720,681 | $42.8M | Reduce -2.4% |
| URBN Urban Outfitters Inc. | 0.97% | 668,686 | $42.4M | Reduce -0.1% |
| FIX Comfort Systems USA Inc. | 0.95% | 30,179 | $41.6M | Reduce -38.5% |
| SBRA Sabra Health Care REIT Inc. | 0.95% | 2,154,881 | $41.4M | Reduce -2.6% |
| PFS Provident Financial Services | 0.95% | 1,956,748 | $41.4M | Reduce -0.9% |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 0.94% | 1,210,483 | $40.9M | Reduce -2.8% |
| COHR Coherent Corp. | 0.93% | 170,738 | $40.7M | Reduce -23.2% |
| EG Everest Group Ltd. | 0.90% | 119,974 | $39.2M | Add +3.3% |
| UMBF Umb Financial Corp. | 0.90% | 346,445 | $39.1M | Add +0.2% |
| COLB Columbia Banking System Inc. | 0.84% | 1,341,275 | $36.8M | Add +4.0% |
| ONTO Onto Innovation Inc. | 0.84% | 178,345 | $36.6M | Reduce -9.4% |
| RRX Regal Rexnord Corp. | 0.83% | 193,791 | $36.3M | Reduce -2.4% |
| EBC Eastern Bankshares Inc. | 0.83% | 1,847,294 | $36.1M | Reduce -2.9% |
| SPHR Sphere Entertainment Co. | 0.80% | 297,491 | $34.9M | Reduce -2.9% |
| BBT Beacon Financial Corp. | 0.78% | 1,127,856 | $33.8M | Reduce -1.1% |
| FRME First Merchants Corp. | 0.77% | 861,995 | $33.4M | Add +10.8% |
| POR Portland General Electric Co. | 0.76% | 629,339 | $33.2M | Reduce -2.1% |
| TPR Tapestry Inc. | 0.76% | 233,442 | $32.9M | Reduce -3.2% |
| CMC Commercial Metals Co. | 0.74% | 528,233 | $32.4M | Reduce -3.7% |
| ANF Abercrombie & Fitch Co. Class A | 0.73% | 349,946 | $32.0M | Reduce -2.4% |
| NX Quanex Building Products | 0.73% | 1,776,252 | $31.9M | Add +0.1% |
| FCNCA First Citizens Bcshs Class A | 0.72% | 16,734 | $31.5M | Reduce -4.8% |
| ORI Old Republic Intl Corp. | 0.72% | 785,758 | $31.4M | Reduce -2.7% |
| EXEL Exelixis Inc. | 0.70% | 709,127 | $30.4M | Reduce -28.2% |
| DOC Healthpeak Properties Inc. | 0.69% | 1,839,564 | $30.2M | Add +10.3% |
| WSM Williams-Sonoma Inc. | 0.69% | 164,521 | $30.0M | Reduce -2.0% |
| LXP LXP Industrial Trust | 0.68% | 642,220 | $29.7M | Reduce -1.2% |
| VC Visteon Corp. | 0.67% | 322,677 | $29.4M | Add +13.4% |
| KALU Kaiser Aluminum Corp. | 0.67% | 242,995 | $29.3M | Reduce -5.9% |
| HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I | 0.67% | 2,958,544 | $29.3M | Reduce -1.3% |
| LRN Stride Inc. | 0.66% | 327,565 | $28.9M | Reduce -0.6% |
| VVX V2X Inc. | 0.66% | 421,210 | $28.9M | Reduce -1.8% |
| ANGO Angiodynamics Inc. | 0.64% | 2,453,701 | $27.9M | Reduce -2.0% |
| UCB United Community Banks | 0.63% | 878,302 | $27.7M | Reduce -2.4% |
| DK Delek US Holdings Inc. | 0.63% | 611,000 | $27.5M | Reduce -2.8% |
| VSH Vishay Intertechnology Inc. | 0.62% | 1,492,361 | $26.9M | Reduce -3.0% |
| KBR KBR Inc. | 0.61% | 722,740 | $26.6M | Reduce -0.3% |
| SPB Spectrum Brands Holdings Inc. | 0.61% | 361,425 | $26.6M | Reduce -2.4% |
| BNL Broadstone Net Lease Inc. | 0.60% | 1,443,139 | $26.4M | Reduce -1.6% |
| LXU LSB Industries Inc. | 0.60% | 1,745,204 | $26.0M | Reduce -7.4% |
| OC Owens Corning | 0.59% | 239,548 | $25.9M | Reduce -2.0% |
| APLE Apple Hospitality REIT Inc. | 0.58% | 2,208,912 | $25.4M | Reduce -2.4% |
| NMRK Newmark Group Inc. Class A | 0.58% | 1,692,518 | $25.4M | Add +7.7% |
| OCFC Oceanfirst Financial Corp. | 0.57% | 1,383,588 | $25.0M | Add +15.1% |
| SIGI Selective Insurance Group | 0.57% | 329,496 | $24.8M | Add +0.5% |
| KBH KB Home | 0.56% | 471,093 | $24.4M | Reduce -3.2% |
| NE Noble Corp. PLC | 0.55% | 491,609 | $24.1M | Reduce -5.8% |
| ADC Agree Realty Corp. | 0.55% | 319,492 | $24.1M | Reduce -1.9% |
| LDOS Leidos Holdings Inc. | 0.53% | 148,247 | $23.1M | Reduce -0.9% |
| UFCS United Fire Group Inc. | 0.52% | 612,396 | $22.7M | Reduce -0.2% |
| PRGS Progress Software Corp. | 0.52% | 884,790 | $22.7M | Reduce -2.2% |
| MTUS Metallus Inc. | 0.51% | 1,361,850 | $22.3M | Reduce -2.0% |
| FCBC First Community Bankshares | 0.50% | 527,719 | $21.9M | Reduce -1.7% |
| KRG Kite Realty Group Trust | 0.50% | 885,797 | $21.7M | Reduce -2.9% |
| MCFT Mastercraft Boat Holdings Inc. | 0.50% | 1,053,134 | $21.6M | Reduce -1.2% |
| GPOR Gulfport Energy Corp. | 0.49% | 101,696 | $21.5M | Add +10.5% |
| HP Helmerich & Payne | 0.49% | 590,491 | $21.3M | Reduce -3.2% |
| EFOR Everforth Inc. filed as ASGN INC | 0.48% | 544,583 | $21.1M | Add +12.4% |
| MLR Miller Industries Inc. | 0.47% | 446,339 | $20.3M | Add +1.3% |
| GEF Greif Inc. Class A | 0.46% | 299,808 | $20.1M | Reduce -5.6% |
| WTTR Select Water Solutions Inc. | 0.45% | 1,296,601 | $19.8M | Reduce -5.6% |
| CHDN Churchill Downs Inc. | 0.45% | 219,610 | $19.7M | Add +6.3% |
| HAYW Hayward Holdings Inc. | 0.45% | 1,458,349 | $19.5M | Reduce -0.7% |
| SUPN Supernus Pharmaceuticals Inc. | 0.45% | 376,079 | $19.4M | Add +23.6% |
| SDRL Seadrill Limited | 0.44% | 422,369 | $19.2M | Reduce -2.2% |
| HNI Hni Corp. | 0.44% | 571,995 | $19.1M | Reduce -1.9% |
| LZB La-Z-Boy Inc. | 0.44% | 591,840 | $19.0M | Add +4.6% |
| IMKTA Ingles Markets Inc. Class A | 0.43% | 208,952 | $18.8M | Reduce -3.4% |
| NHC National Healthcare Corp. | 0.43% | 116,248 | $18.6M | Reduce -2.1% |
| CPRX Catalyst Pharmaceuticals Inc. | 0.42% | 747,515 | $18.5M | Add +3.4% |
| CW Curtiss-Wright Corp. | 0.41% | 26,574 | $18.1M | Reduce -13.3% |
| SFD Smithfield Foods Inc. | 0.41% | 641,409 | $17.9M | Reduce -0.6% |
| UBSI United Bankshares Inc. | 0.41% | 432,000 | $17.9M | Reduce -0.8% |
| CHCT Community Healthcare Trust I | 0.41% | 1,124,886 | $17.9M | Add +0.1% |
| ASO Academy Sports & Outdoors Inc. | 0.41% | 313,457 | $17.7M | Reduce -2.0% |
| OLED Universal Display Corp. | 0.41% | 192,815 | $17.7M | Reduce -1.9% |
Portfolio Sells Q4 2025 → Q1 2026
| ESLT Elbit Systems Ltd. | Reduce -99.8% | 0.00% | −0.41 |
| PRGS Progress Software Corp. | Reduce -2.2% | 0.52% | −0.40 |
| WBS Webster Financial Corp. | Reduce -28.7% | 1.16% | −0.35 |
| ANF Abercrombie & Fitch Co. Class A | Reduce -2.4% | 0.73% | −0.33 |
| EXEL Exelixis Inc. | Reduce -28.2% | 0.70% | −0.32 |
| EHAB Enhabit Inc. | Reduce -82.3% | 0.11% | −0.30 |
| AEO American Eagle Outfitters | Reduce -0.3% | 0.39% | −0.24 |
| PIPR Piper Sandler Cos | Reduce -3.6% | 1.27% | −0.23 |
| MLI Mueller Industries Inc. | Reduce -4.2% | 1.99% | −0.22 |
| URBN Urban Outfitters Inc. | Reduce -0.1% | 0.97% | −0.22 |
| HELE Helen of Troy Ltd. | Sold out | 0.00% | −0.19 |
| SF Stifel Financial Corp. | Reduce -0.6% | 1.05% | −0.18 |
| FCNCA First Citizens Bcshs Class A | Reduce -4.8% | 0.72% | −0.17 |
| AMWD American Woodmark Corp. | Reduce -5.3% | 0.35% | −0.17 |
| CMC Commercial Metals Co. | Reduce -3.7% | 0.74% | −0.15 |
| ORI Old Republic Intl Corp. | Reduce -2.7% | 0.72% | −0.15 |
| HNI Hni Corp. | Reduce -1.9% | 0.44% | −0.14 |
| OLED Universal Display Corp. | Reduce -1.9% | 0.41% | −0.14 |
| FIX Comfort Systems USA Inc. | Reduce -38.5% | 0.95% | −0.12 |
| LUCK Lucky Strike Entertainment C | Sold out | 0.00% | −0.12 |
| ANGO Angiodynamics Inc. | Reduce -2.0% | 0.64% | −0.12 |
| SHOO Steven Madden Ltd. | Reduce -4.4% | 0.34% | −0.11 |
| LDOS Leidos Holdings Inc. | Reduce -0.9% | 0.53% | −0.11 |
| IART Integra Lifesciences Holding | Reduce -4.5% | 0.23% | −0.10 |
| KBH KB Home | Reduce -3.2% | 0.56% | −0.09 |
| HAYW Hayward Holdings Inc. | Reduce -0.7% | 0.45% | −0.09 |
| BLMN Bloomin' Brands Inc. | Sold out | 0.00% | −0.08 |
| CSR Centerspace | Reduce -0.8% | 0.40% | −0.08 |
| LXP LXP Industrial Trust | Reduce -1.2% | 0.68% | −0.08 |
| PDM Piedmont Realty Trust Inc. | Reduce -0.6% | 0.25% | −0.08 |
| KBR KBR Inc. | Reduce -0.3% | 0.61% | −0.08 |
| AYI Acuity Inc. | Reduce -3.0% | 0.21% | −0.08 |
| SAIC Science Applications Inte | Reduce -8.0% | 0.40% | −0.07 |
| QDEL Quidelortho Corp. | Reduce -3.4% | 0.09% | −0.07 |
| BPRN Princeton Bancorp Inc. | Reduce -22.9% | 0.18% | −0.07 |
| WAFD Wafd Inc. | Reduce -1.2% | 1.11% | −0.07 |
| OSIS Osi Systems Inc. | Reduce -6.0% | 1.33% | −0.07 |
| PII Polaris Inc. | Reduce -2.8% | 0.23% | −0.05 |
| NWE Northwestern Energy Group Inc. | Reduce -2.4% | 1.71% | −0.05 |
| MTUS Metallus Inc. | Reduce -2.0% | 0.51% | −0.05 |
| OC Owens Corning | Reduce -2.0% | 0.59% | −0.05 |
| APLE Apple Hospitality REIT Inc. | Reduce -2.4% | 0.58% | −0.05 |
| GEF Greif Inc. Class A | Reduce -5.6% | 0.46% | −0.05 |
| ROCK Gibraltar Industries Inc. | Reduce -8.7% | 0.11% | −0.04 |
| OMCL Omnicell Inc. | Reduce -8.2% | 0.08% | −0.04 |
| GDEN Golden Entertainment Inc. | Reduce -9.5% | 0.26% | −0.04 |
| UHAL.B U-Haul Holding Co.-Non Voting | Reduce -7.5% | 0.25% | −0.04 |
| SBRA Sabra Health Care REIT Inc. | Reduce -2.6% | 0.95% | −0.04 |
| CMCO Columbus McKinnon Corp. | Reduce -11.4% | 0.10% | −0.04 |
| LYTS Lsi Industries Inc. | Reduce -2.0% | 1.07% | −0.04 |
Portfolio Buys Q4 2025 → Q1 2026
| XRAY Dentsply Sirona Inc. | New | 0.31% | +0.31 |
| YSS York Space Systems Inc. | New | 0.23% | +0.23 |
| QLYS Qualys Inc. | New | 0.23% | +0.23 |
| FDS Factset Research Systems Inc. | New | 0.22% | +0.22 |
| JAZZ Jazz Pharmaceuticals PLC | Add +2.6% | 1.76% | +0.17 |
| ITRI Itron Inc. | Add +75.2% | 0.40% | +0.16 |
| IPGP Ipg Photonics Corp. | Add +4.9% | 0.35% | +0.13 |
| TOWN Towne Bank | New | 0.10% | +0.10 |
| SUPN Supernus Pharmaceuticals Inc. | Add +23.6% | 0.45% | +0.09 |
| NX Quanex Building Products | Add +0.1% | 0.73% | +0.09 |
| ICFI Icf International Inc. | Add +84.9% | 0.32% | +0.09 |
| UTZ Utz Brands Inc. | Add +195.5% | 0.15% | +0.08 |
| MLR Miller Industries Inc. | Add +1.3% | 0.47% | +0.08 |
| FRME First Merchants Corp. | Add +10.8% | 0.77% | +0.08 |
| CAG Conagra Brands Inc. | Add +433.7% | 0.08% | +0.07 |
| OCFC Oceanfirst Financial Corp. | Add +15.1% | 0.57% | +0.06 |
| DOC Healthpeak Properties Inc. | Add +10.3% | 0.69% | +0.06 |
| AKAM Akamai Technologies Inc. | Add +35.9% | 0.13% | +0.05 |
| AMN Amn Healthcare Services Inc. | Add +25.9% | 0.16% | +0.05 |
| TFX Teleflex Inc. | New | 0.04% | +0.04 |
| GPOR Gulfport Energy Corp. | Add +10.5% | 0.49% | +0.04 |
| EMN Eastman Chemical Co. | Add +46.6% | 0.10% | +0.04 |
| VC Visteon Corp. | Add +13.4% | 0.67% | +0.04 |
| FFIV F5 Inc. | Add +27.9% | 0.11% | +0.03 |
| OSUR Orasure Technologies Inc. | Add +0.1% | 0.17% | +0.03 |
| CPRX Catalyst Pharmaceuticals Inc. | Add +3.4% | 0.42% | +0.03 |
| STRA Strategic Education Inc. | Add +25.8% | 0.08% | +0.02 |
| NXPI NXP Semiconductors NV | Add +102.8% | 0.03% | +0.02 |
| PERI Perion Network Ltd. | Add +5.9% | 0.20% | +0.01 |
| CHKP Check Point Software Tech | Add +45.9% | 0.11% | +0.01 |
| DKS Dick's Sporting Goods Inc. | Add +14.8% | 0.04% | +0.00 |
| HWC Hancock Whitney Corp. | Add +3.9% | 0.16% | +0.00 |
| IJS iShares S&P Small-Cap 600 Va | New | 0.00% | 0.00 |
| COLB Columbia Banking System Inc. | Add +4.0% | 0.84% | −0.01 |
| MHO M/I Homes Inc. | Add +4.2% | 0.23% | −0.01 |
| INMD Inmode Ltd. | Add +6.7% | 0.36% | −0.01 |
| CHCT Community Healthcare Trust I | Add +0.1% | 0.41% | −0.03 |
| BMRN Biomarin Pharmaceutical Inc. | Add +0.4% | 0.33% | −0.03 |
| EG Everest Group Ltd. | Add +3.3% | 0.90% | −0.03 |
| UMBF Umb Financial Corp. | Add +0.2% | 0.90% | −0.04 |
| NMRK Newmark Group Inc. Class A | Add +7.7% | 0.58% | −0.06 |
| LZB La-Z-Boy Inc. | Add +4.6% | 0.44% | −0.06 |
| EFOR Everforth Inc. | Add +12.4% | 0.48% | −0.07 |
| AMPH Amphastar Pharmaceuticals Inc. | Add +4.0% | 0.20% | −0.07 |
| SIGI Selective Insurance Group | Add +0.5% | 0.57% | −0.08 |
| FBIN Fortune Brands Innovations I | Add +1.8% | 0.26% | −0.08 |
| AZTA Azenta Inc. | Add +25.0% | 0.27% | −0.08 |
| SONO Sonos Inc. | Add +10.7% | 0.40% | −0.09 |
| NOMD Nomad Foods Ltd. | Add +7.8% | 0.38% | −0.09 |
| CHDN Churchill Downs Inc. | Add +6.3% | 0.45% | −0.10 |
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 |