Trigran Investments, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Trigran Investments, Inc. reported 18 stock positions worth $869.5 million. Its top holding was Synaptics (SYNA) at 9.4% of the portfolio, followed by Gentherm (THRM, 9.1%) and Techtarget (TTGT, 8.6%). Compared with Q3 2024, it sold out of 2, added to 5 and reduced 12. The biggest buy was Hayward (HAYW, shares +76%) and the biggest sale an exit from Shutterstock (SSTK).
- Most Recent 13F
- Q2 2026
- Location
- NORTHBROOK, IL
- CIK
- 0001336800
- Portfolio Value
- $869.5M (Q4 2024)
- SEC Filing
- 0001062993-25-002307 ↗ filed Feb 13, 2025
Holdings Value
Holdings 18 stocks · $869.5M
| SYNA Synaptics Inc. | 9.41% | 1,072,222 | $81.8M | Add +5.9% |
| THRM Gentherm Inc. | 9.14% | 1,990,938 | $79.5M | Add +7.3% |
| TTGT Techtarget Inc. | 8.57% | 3,759,509 | $74.5M | Reduce -1.2% |
| MDXG Mimedx Group Inc. | 8.43% | 7,621,517 | $73.3M | Reduce -0.9% |
| MTRN Materion Corp. | 8.39% | 737,830 | $73.0M | Add +3.3% |
| HLIT Harmonic Inc. | 7.58% | 4,979,294 | $65.9M | Reduce -12.3% |
| SONO Sonos Inc. | 7.32% | 4,231,712 | $63.6M | Reduce -12.2% |
| RDVT Red Violet Inc. | 6.64% | 1,595,399 | $57.8M | Reduce -16.6% |
| OOMA Ooma Inc. | 5.64% | 3,487,277 | $49.0M | Reduce -8.8% |
| NPO Enpro Inc. | 5.63% | 283,906 | $49.0M | Reduce -1.7% |
| EXTR Extreme Networks Inc. | 4.59% | 2,384,325 | $39.9M | Add +4.1% |
| HAYW Hayward Holdings Inc. | 4.22% | 2,400,037 | $36.7M | Add +75.8% |
| ANIK Anika Therapeutics Inc. | 3.83% | 2,021,778 | $33.3M | Reduce -4.8% |
| HCKT The Hackett Group Inc. | 3.10% | 877,554 | $27.0M | Reduce -18.7% |
| CALX Calix Inc. | 2.89% | 721,648 | $25.2M | Reduce -2.8% |
| FROG Jfrog Ltd. | 2.78% | 821,250 | $24.2M | Reduce -1.2% |
| SRDX Surmodics Inc. | 1.68% | 368,215 | $14.6M | Reduce -32.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.16% | 3,150 | $1.4M | No change |
Portfolio Sells Q3 2024 → Q4 2024
| SSTK Shutterstock Inc. | Sold out | 0.00% | −2.91 |
| ANIK Anika Therapeutics Inc. | Reduce -4.8% | 3.83% | −1.92 |
| TTGT Techtarget Inc. | Reduce -1.2% | 8.57% | −1.61 |
| HLIT Harmonic Inc. | Reduce -12.3% | 7.58% | −1.48 |
| SRDX Surmodics Inc. | Reduce -32.2% | 1.68% | −0.63 |
| BCOV Brightcove | Sold out | 0.00% | −0.57 |
| CALX Calix Inc. | Reduce -2.8% | 2.89% | −0.26 |
| HCKT The Hackett Group Inc. | Reduce -18.7% | 3.10% | −0.00 |
| FROG Jfrog Ltd. | Reduce -1.2% | 2.78% | +0.14 |
| NPO Enpro Inc. | Reduce -1.7% | 5.63% | +0.50 |
| RDVT Red Violet Inc. | Reduce -16.6% | 6.64% | +0.69 |
| SONO Sonos Inc. | Reduce -12.2% | 7.32% | +0.84 |
| OOMA Ooma Inc. | Reduce -8.8% | 5.64% | +0.87 |
| MDXG Mimedx Group Inc. | Reduce -0.9% | 8.43% | +3.46 |
Portfolio Buys Q3 2024 → Q4 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 17 | $545.3M | MTRN, NPO, SYNA, EXTR, THRM |
| Q1 2026 | 17 | $418.2M | MTRN, SYNA, EXTR, NPO, THRM |
| Q4 2025 | 17 | $507.6M | MTRN, THRM, SYNA, SONO, MDXG |
| Q3 2025 | 17 | $551.6M | MTRN, THRM, MDXG, SONO, EXTR |
| Q2 2025Amended | 16 | $575.9M | MTRN, THRM, SYNA, MDXG, SONO |
| Q1 2025 | 16 | $679.6M | SYNA, TTGT, MTRN, THRM, MDXG |
| Q4 2024 | 18 | $869.5M | SYNA, THRM, TTGT, MDXG, MTRN |
| Q3 2024 | 20 | $913.5M | TTGT, THRM, HLIT, MTRN, SYNA |
| Q2 2024 | 20 | $956.3M | TTGT, THRM, SYNA, MTRN, HLIT |
| Q1 2024 | 20 | $1.0B | SONO, SYNA, THRM, HLIT, MTRN |