Towle & Co.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 10, 2025), Towle & Co. reported 47 stock positions worth $396.4 million. Its top holding was Par Pacific (PARR) at 4.9% of the portfolio, followed by Delek US (DK, 4.4%) and HF Sinclair (DINO, 3.5%). Compared with Q2 2025, it opened 7 new positions, sold out of 16, added to 12 and reduced 23. The biggest buy was a new position in United Natural Foods (UNFI) and the biggest sale an exit from Tyson Foods Class A (TSN).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001224014
- Portfolio Value
- $396.4M (Q3 2025)
- SEC Filing
- 0001224014-25-000006 ↗ filed Nov 10, 2025
Holdings Value
Holdings 47 stocks · $396.4M
| PARR Par Pacific Holdings Inc. | 4.90% | 548,683 | $19.4M | Reduce -16.9% |
| DK Delek US Holdings Inc. | 4.37% | 536,133 | $17.3M | Reduce -17.2% |
| DINO HF Sinclair Corp. | 3.50% | 264,829 | $13.9M | Reduce -16.7% |
| UNFI United Natural Foods Inc. | 3.46% | 364,818 | $13.7M | New |
| HOUS Anywhere Real Estate Inc. | 3.24% | 1,214,429 | $12.9M | New |
| LYFT LYFT Inc. Class A | 3.03% | 546,294 | $12.0M | New |
| AN Autonation Inc. | 2.87% | 51,996 | $11.4M | Reduce -16.5% |
| SAH Sonic Automotive Inc. Class A | 2.86% | 148,905 | $11.3M | Reduce -16.8% |
| CWK Cushman & Wakefield UK Holdc | 2.77% | 689,055 | $11.0M | Reduce -15.2% |
| ADNT Adient PLC | 2.69% | 443,422 | $10.7M | Add +37.8% |
| LUV Southwest Airlines Co. | 2.67% | 331,752 | $10.6M | Reduce -16.9% |
| AMR Alpha Metallurgical Resource | 2.64% | 63,789 | $10.5M | Reduce -16.9% |
| MGA Magna International Inc. | 2.61% | 218,081 | $10.3M | Reduce -7.1% |
| BWA Borgwarner Inc. | 2.60% | 234,487 | $10.3M | Add +773.8% |
| PBF PBF Energy Inc. Class A | 2.49% | 327,550 | $9.9M | Reduce -10.8% |
| ARCB Arcbest Corp. | 2.41% | 136,792 | $9.6M | Reduce -16.0% |
| ARW Arrow Electronics Inc. | 2.36% | 77,387 | $9.4M | Reduce -16.9% |
| MTUS Metallus Inc. | 2.21% | 530,753 | $8.8M | Reduce -16.6% |
| RYZ Ryerson Holding Corp. | 2.16% | 374,431 | $8.6M | Reduce -16.9% |
| WKC World Kinect Corp. | 2.16% | 329,213 | $8.5M | Add +3.1% |
| LEA Lear Corp. | 2.15% | 84,821 | $8.5M | Reduce -18.7% |
| ABG Asbury Automotive Group | 2.14% | 34,636 | $8.5M | Reduce -17.1% |
| HOV Hovnanian Enterprises-A | 2.13% | 65,721 | $8.4M | Reduce -5.7% |
| SNX TD Synnex Corp. | 2.12% | 51,410 | $8.4M | New |
| MYRG MYR Group Inc./Delaware | 2.10% | 39,966 | $8.3M | New |
| ZUMZ Zumiez Inc. | 2.04% | 412,501 | $8.1M | Add +76.8% |
| ALLY Ally Financial Inc. | 2.01% | 203,337 | $8.0M | Reduce -18.1% |
| WNC Wabash National Corp. | 1.97% | 792,813 | $7.8M | Reduce -15.8% |
| MEI Methode Electronics Inc. | 1.97% | 1,033,223 | $7.8M | Add +8.1% |
| TWI Titan International Inc. | 1.93% | 1,012,341 | $7.7M | Reduce -16.5% |
| CLW Clearwater Paper Corp. | 1.92% | 366,798 | $7.6M | Add +12.4% |
| LBRT Liberty Energy Inc. | 1.90% | 609,655 | $7.5M | Add +11.8% |
| BG Bunge Global SA | 1.86% | 90,837 | $7.4M | Reduce -16.2% |
| SANM Sanmina Corp. | 1.82% | 62,723 | $7.2M | New |
| OSK Oshkosh Corp. | 1.80% | 54,966 | $7.1M | New |
| ALK Alaska Air Group Inc. | 1.76% | 140,002 | $7.0M | Reduce -18.1% |
| DXC DXC Technology Co. | 1.75% | 509,041 | $6.9M | Add +2.5% |
| BLMN Bloomin' Brands Inc. | 1.67% | 921,443 | $6.6M | Reduce -16.3% |
| ACH Accendra Health Inc. filed as OWENS & MINOR INC NEW | 1.51% | 1,247,959 | $6.0M | Add +72.6% |
| ACI Albertsons Cos Inc. Class A | 1.50% | 339,227 | $5.9M | Add +674.2% |
| PUMP Propetro Holding Corp. | 1.49% | 1,129,914 | $5.9M | Add +11.5% |
| BXC Bluelinx Holdings Inc. | 1.44% | 78,186 | $5.7M | Add +41.3% |
| SEB Seaboard Corp. | 0.26% | 286 | $1.0M | No change |
| BBY Best Buy Co. Inc. | 0.22% | 11,642 | $880K | No change |
| TX Ternium SA-Sponsored ADR | 0.22% | 24,794 | $861K | No change |
| IMKTA Ingles Markets Inc. Class A | 0.19% | 10,656 | $741K | No change |
| MAN Manpowergroup Inc. | 0.11% | 11,426 | $433K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| TSN Tyson Foods Inc. Class A | Sold out | 0.00% | −3.07 |
| UAA Under Armour Inc. Class A | Sold out | 0.00% | −2.85 |
| CBRL Cracker Barrel Old Country | Sold out | 0.00% | −2.85 |
| FL Foot Locker Inc. | Sold out | 0.00% | −2.70 |
| GT Goodyear Tire & Rubber Co. | Sold out | 0.00% | −2.44 |
| ASTL Algoma Steel Group Inc. | Sold out | 0.00% | −2.37 |
| AVT Avnet Inc. | Sold out | 0.00% | −2.24 |
| WOOF Petco Health and Wellness Co. | Sold out | 0.00% | −2.13 |
| AAP Advance Auto Parts Inc. | Sold out | 0.00% | −1.81 |
| SNBRQ Sleep Number Corp. | Sold out | 0.00% | −1.55 |
| TWI Titan International Inc. | Reduce -16.5% | 1.93% | −1.00 |
| BLMN Bloomin' Brands Inc. | Reduce -16.3% | 1.67% | −0.56 |
| ARCB Arcbest Corp. | Reduce -16.0% | 2.41% | −0.54 |
| SAH Sonic Automotive Inc. Class A | Reduce -16.8% | 2.86% | −0.50 |
| ARW Arrow Electronics Inc. | Reduce -16.9% | 2.36% | −0.43 |
| WNC Wabash National Corp. | Reduce -15.8% | 1.97% | −0.38 |
| LUV Southwest Airlines Co. | Reduce -16.9% | 2.67% | −0.38 |
| ALLY Ally Financial Inc. | Reduce -18.1% | 2.01% | −0.26 |
| ALK Alaska Air Group Inc. | Reduce -18.1% | 1.76% | −0.23 |
| ABG Asbury Automotive Group | Reduce -17.1% | 2.14% | −0.21 |
| BG Bunge Global SA | Reduce -16.2% | 1.86% | −0.18 |
| LEA Lear Corp. | Reduce -18.7% | 2.15% | −0.18 |
| RYZ Ryerson Holding Corp. | Reduce -16.9% | 2.16% | −0.13 |
| KD Kyndryl Holdings Inc. | Sold out | 0.00% | −0.12 |
| JELD Jeld-Wen Holding Inc. | Sold out | 0.00% | −0.12 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.11 |
| MTUS Metallus Inc. | Reduce -16.6% | 2.21% | −0.09 |
| MOH Molina Healthcare Inc. | Sold out | 0.00% | −0.08 |
| BCC Boise Cascade Co. | Sold out | 0.00% | −0.08 |
| AEO American Eagle Outfitters | Sold out | 0.00% | −0.04 |
| AN Autonation Inc. | Reduce -16.5% | 2.87% | −0.04 |
| HOV Hovnanian Enterprises-A | Reduce -5.7% | 2.13% | +0.42 |
| DINO HF Sinclair Corp. | Reduce -16.7% | 3.50% | +0.42 |
| MGA Magna International Inc. | Reduce -7.1% | 2.61% | +0.48 |
| AMR Alpha Metallurgical Resource | Reduce -16.9% | 2.64% | +0.61 |
| PBF PBF Energy Inc. Class A | Reduce -10.8% | 2.49% | +0.62 |
| CWK Cushman & Wakefield UK Holdc | Reduce -15.2% | 2.77% | +0.65 |
| PARR Par Pacific Holdings Inc. | Reduce -16.9% | 4.90% | +0.79 |
| DK Delek US Holdings Inc. | Reduce -17.2% | 4.37% | +1.14 |
Portfolio Buys Q2 2025 → Q3 2025
| UNFI United Natural Foods Inc. | New | 3.46% | +3.46 |
| HOUS Anywhere Real Estate Inc. | New | 3.24% | +3.24 |
| LYFT LYFT Inc. Class A | New | 3.03% | +3.03 |
| BWA Borgwarner Inc. | Add +773.8% | 2.60% | +2.39 |
| SNX TD Synnex Corp. | New | 2.12% | +2.12 |
| MYRG MYR Group Inc./Delaware | New | 2.10% | +2.10 |
| SANM Sanmina Corp. | New | 1.82% | +1.82 |
| OSK Oshkosh Corp. | New | 1.80% | +1.80 |
| ZUMZ Zumiez Inc. | Add +76.8% | 2.04% | +1.31 |
| ACI Albertsons Cos Inc. Class A | Add +674.2% | 1.50% | +1.28 |
| ADNT Adient PLC | Add +37.8% | 2.69% | +1.22 |
| BXC Bluelinx Holdings Inc. | Add +41.3% | 1.44% | +0.47 |
| LBRT Liberty Energy Inc. | Add +11.8% | 1.90% | +0.43 |
| PUMP Propetro Holding Corp. | Add +11.5% | 1.49% | +0.07 |
| WKC World Kinect Corp. | Add +3.1% | 2.16% | +0.03 |
| DXC DXC Technology Co. | Add +2.5% | 1.75% | −0.04 |
| ACH Accendra Health Inc. | Add +72.6% | 1.51% | −0.04 |
| CLW Clearwater Paper Corp. | Add +12.4% | 1.92% | −0.17 |
| MEI Methode Electronics Inc. | Add +8.1% | 1.97% | −0.17 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 59 | $295.1M | MEI, SNX, COMP, ARW, OSCR |
| Q1 2026 | 54 | $257.5M | PBF, PUMP, UNFI, GOLD, DLX |
| Q4 2025 | 44 | $378.3M | HOUS, AMR, UNFI, GOLD, MGA |
| Q3 2025 | 47 | $396.4M | PARR, DK, DINO, UNFI, HOUS |
| Q2 2025 | 56 | $425.2M | PARR, SAH, DK, DINO, TSN |
| Q1 2025 | 50 | $457.6M | TSN, LUV, WOOF, DAN, UAA |
| Q4 2024 | 52 | $581.8M | UAL, WOOF, PUMP, LUV, SAH |
| Q3 2024 | 52 | $700.9M | WOOF, UAL, UAA, AVT, ABG |
| Q2 2024 | 60 | $762.9M | PBF, WOOF, PUMP, M, ALLY |
| Q1 2024 | 59 | $851.9M | PBF, JELD, AMR, CLF, PARR |