Trigran Investments, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 19, 2025), Trigran Investments, Inc. reported 16 stock positions worth $575.9 million. Its top holding was Materion (MTRN) at 11.0% of the portfolio, followed by Gentherm (THRM, 10.8%) and Synaptics (SYNA, 9.9%). Compared with Q1 2025, it opened 1 new position, sold out of 1, added to 3 and reduced 12. The biggest buy was Materion (MTRN, shares +1%) and the biggest sale Red Violet (RDVT, shares −48%).
- Most Recent 13F
- Q2 2026
- Location
- NORTHBROOK, IL
- CIK
- 0001336800
- Portfolio Value
- $575.9M (Q2 2025)
- SEC Filing
- 0001062993-25-014670 ↗ filed Aug 19, 2025
Holdings Value
Holdings 16 stocks · $575.9M
| MTRN Materion Corp. | 11.01% | 798,747 | $63.4M | Add +0.5% |
| THRM Gentherm Inc. | 10.78% | 2,194,560 | $62.1M | Reduce -0.7% |
| SYNA Synaptics Inc. | 9.88% | 878,169 | $56.9M | Reduce -22.3% |
| MDXG Mimedx Group Inc. | 8.90% | 8,390,458 | $51.3M | Add +10.4% |
| SONO Sonos Inc. | 8.27% | 4,404,484 | $47.6M | Reduce -16.1% |
| EXTR Extreme Networks Inc. | 7.24% | 2,323,371 | $41.7M | Reduce -25.2% |
| OOMA Ooma Inc. | 6.74% | 3,008,870 | $38.8M | Reduce -8.9% |
| TTGT Techtarget Inc. | 6.71% | 4,974,434 | $38.7M | Add +9.9% |
| NPO Enpro Inc. | 6.47% | 194,547 | $37.3M | Reduce -30.1% |
| HLIT Harmonic Inc. | 5.91% | 3,592,994 | $34.0M | Reduce -12.2% |
| RDVT Red Violet Inc. | 5.35% | 625,970 | $30.8M | Reduce -48.2% |
| HAYW Hayward Holdings Inc. | 4.50% | 1,879,312 | $25.9M | Reduce -8.9% |
| ANIK Anika Therapeutics Inc. | 3.74% | 2,036,511 | $21.5M | Reduce -0.3% |
| HCKT The Hackett Group Inc. | 2.98% | 675,300 | $17.2M | Reduce -13.3% |
| BBSI Barrett Business SVCS Inc. | 1.31% | 180,637 | $7.5M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.21% | 2,500 | $1.2M | Reduce -20.6% |
Portfolio Sells Q1 2025 → Q2 2025
| RDVT Red Violet Inc. | Reduce -48.2% | 5.35% | −1.34 |
| ANIK Anika Therapeutics Inc. | Reduce -0.3% | 3.74% | −0.77 |
| NABL N-Able Inc. | Sold out | 0.00% | −0.73 |
| SYNA Synaptics Inc. | Reduce -22.3% | 9.88% | −0.72 |
| HCKT The Hackett Group Inc. | Reduce -13.3% | 2.98% | −0.37 |
| NPO Enpro Inc. | Reduce -30.1% | 6.47% | −0.15 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -20.6% | 0.21% | −0.04 |
| SONO Sonos Inc. | Reduce -16.1% | 8.27% | +0.03 |
| HLIT Harmonic Inc. | Reduce -12.2% | 5.91% | +0.13 |
| HAYW Hayward Holdings Inc. | Reduce -8.9% | 4.50% | +0.28 |
| OOMA Ooma Inc. | Reduce -8.9% | 6.74% | +0.38 |
| EXTR Extreme Networks Inc. | Reduce -25.2% | 7.24% | +1.19 |
| THRM Gentherm Inc. | Reduce -0.7% | 10.78% | +2.08 |
Portfolio Buys Q1 2025 → Q2 2025
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 |