Location: Bala Cynwyd, PA
CIK: 0001541536 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Feb 9, 2026
Total Value: $150M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| GLDD | GREAT LAKES DREDGE & DOCK CO | 1,389,807 | $18.23M | 12.2% | $6.72 | +83.5% | COM | 390607109 |
| TG | TREDEGAR CORP | 1,657,107 | $11.9M | 7.9% | $6.94 | +9.2% | COM | 894650100 |
| EML | EASTERN CO | 529,084 | $10.42M | 7.0% | $15.21 | +33.0% | COM | 276317104 |
| INFU | INFUSYSTEM HLDGS INC | 1,078,731 | $9.676M | 6.5% | $2.90 | +230.4% | COM | 45685K102 |
| VIRC | VIRCO MFG CO | 1,448,198 | $9.254M | 6.2% | $4.38 | +58.7% | COM | 927651109 |
| ESCA | ESCALADE INC | 567,621 | $7.657M | 5.1% | $7.05 | +74.6% | COM | 296056104 |
| DLHC | DLH HLDGS CORP | 1,113,057 | $6.289M | 4.2% | $8.82 | -34.0% | COM | 23335Q100 |
| ATRO | ASTRONICS CORP | 102,244 | $5.546M | 3.7% | $10.90 | +361.6% | COM | 046433108 |
| SSP | SCRIPPS E W CO OHIO | 1,385,920 | $5.53M | 3.7% | $6.00 | -53.0% | CL A NEW | 811054402 |
| UTMD | UTAH MED PRODS INC | 93,615 | $5.239M | 3.5% | $65.02 | -10.9% | COM | 917488108 |
| NVGS | NAVIGATOR HLDGS LTD | 301,212 | $5.217M | 3.5% | $29.97 | -44.4% | SHS | Y62132108 |
| KEQU | KEWAUNEE SCIENTIFIC CORP | 121,863 | $4.559M | 3.0% | $24.65 | +65.0% | COM | 492854104 |
| UFI | UNIFI INC | 1,222,420 | $4.278M | 2.9% | $5.98 | -35.3% | COM NEW | 904677200 |
| CAC | CAMDEN NATL CORP | 89,568 | $3.885M | 2.6% | $19.20 | +107.7% | COM | 133034108 |
| PBHC | PATHFINDER BANCORP INC MD | 262,204 | $3.7M | 2.5% | $9.77 | +49.4% | COM | 70319R109 |
| CRD/B | CRAWFORD & CO | 288,178 | $3.089M | 2.1% | $7.19 | +42.9% | CL B | 224633107 |
| RAIL | FREIGHTCAR AMER INC | 267,046 | $2.956M | 2.0% | $5.32 | +72.6% | COM | 357023100 |
| SIF | SIFCO INDS INC | 488,984 | $2.729M | 1.8% | $4.87 | +37.3% | COM | 826546103 |
| FSTR | FOSTER L B CO | 83,965 | $2.263M | 1.5% | $32.36 | -16.6% | COM | 350060109 |
| CTGO | CONTANGO ORE INC | 76,147 | $2.011M | 1.3% | $22.68 | +7.9% | COM | 21077F100 |
| NODK | NI HLDGS INC | 129,900 | $1.728M | 1.2% | $15.17 | -11.1% | COM | 65342T106 |
| MPB | MID PENN BANCORP INC | 54,177 | $1.681M | 1.1% | $25.23 | +15.8% | COM | 59540G107 |
| CFG | CITIZENS FINL GROUP INC | 21,485 | $1.255M | 0.8% | $33.57 | +59.6% | COM | 174610105 |
| EBC | EASTERN BANKSHARES INC | 62,576 | $1.153M | 0.8% | $18.22 | 0.0% | COM | 27627N105 |
| FNB | F N B CORP | 64,075 | $1.096M | 0.7% | $7.96 | +104.3% | COM | 302520101 |
| DORM | DORMAN PRODS INC | 8,590 | $1.058M | 0.7% | $41.59 | +224.5% | COM | 258278100 |
| UIS | UNISYS CORP | 345,347 | $953K | 0.6% | $4.25 | -26.4% | COM NEW | 909214306 |
| DGICA | DONEGAL GROUP INC | 46,490 | $929K | 0.6% | $11.33 | +71.1% | CL A | 257701201 |
| THRY | THRYV HLDGS INC | 148,329 | $897K | 0.6% | $19.78 | -60.0% | COM NEW | 886029206 |
| ECBK | ECB BANCORP INC | 49,940 | $868K | 0.6% | $12.38 | +34.2% | COM | 26828M106 |
| CZNC | CITIZENS & NORTHN CORP | 42,900 | $865K | 0.6% | $10.60 | +84.8% | COM | 172922106 |
| CPBI | CENTRAL PLAINS BANCSHARES IN | 49,117 | $831K | 0.6% | $9.91 | +63.8% | COM | 15486W100 |
| USLM | UNITED STS LIME & MINERALS I | 6,250 | $748K | 0.5% | $66.43 | +86.6% | COM | 911922102 |
| MBBC | MARATHON BANCORP INC | 58,976 | $717K | 0.5% | $9.99 | +11.9% | COM NEW | 565759206 |
| FRBA | FIRST BK WILLIAMSTOWN NEW JE | 41,143 | $677K | 0.5% | $11.05 | +43.7% | COM | 31931U102 |
| FMC | FMC CORP | 48,000 | $666K | 0.4% | $18.96 | 0.0% | COM NEW | 302491303 |
| LSBK | LAKE SHORE BANCORP INC | 44,259 | $649K | 0.4% | $12.57 | +11.5% | COM | 510704109 |
| HBNC | HORIZON BANCORP INC | 35,052 | $594K | 0.4% | $15.01 | +10.4% | COM | 440407104 |
| SSB | SOUTHSTATE BK CORP | 5,661 | $533K | 0.4% | $96.71 | -5.0% | COM | 84472E102 |
| CLBK | COLUMBIA FINL INC | 33,794 | $525K | 0.4% | $15.64 | -0.8% | COM | 197641103 |
| FSFG | FIRST SVGS FINL GROUP INC | 16,221 | $517K | 0.3% | $21.97 | +40.9% | COM | 33621E109 |
| KELYA | KELLY SVCS INC | 58,400 | $514K | 0.3% | $11.12 | -9.1% | CL A | 488152208 |
| ACNT | ASCENT INDUSTRIES CO | 30,415 | $492K | 0.3% | $8.12 | +69.4% | COM | 871565107 |
| NWBI | NORTHWEST BANCSHARES INC MD | 38,000 | $456K | 0.3% | $6.49 | +83.5% | COM | 667340103 |
| CZFS | CITIZENS FINL SVCS INC | 7,881 | $449K | 0.3% | $74.84 | -24.5% | COM | 174615104 |
| PBBK | PB BANKSHARES INC | 20,560 | $435K | 0.3% | $12.12 | +69.0% | COM | 69318V103 |
| FCF | FIRST COMWLTH FINL CORP PA | 25,560 | $431K | 0.3% | $12.97 | +25.1% | COM | 319829107 |
| RMBI | RICHMOND MUT BANCORPORATION | 30,224 | $424K | 0.3% | $13.36 | +2.7% | COM | 76525P100 |
| EBMT | EAGLE BANCORP MONT INC | 21,098 | $420K | 0.3% | $7.64 | +125.2% | COM | 26942G100 |
| PRA | PROASSURANCE CORP | 17,234 | $416K | 0.3% | $49.77 | -51.7% | COM | 74267C106 |
| NWFL | NORWOOD FINANCIAL CORP | 13,681 | $384K | 0.3% | $22.47 | +21.4% | COM | 669549107 |
| CBU | COMMUNITY FINANCIAL SYSTEM I | 6,618 | $380K | 0.3% | $21.43 | +166.7% | COM | 203607106 |
| FRME | FIRST MERCHANTS CORP | 9,875 | $370K | 0.2% | $15.38 | +139.3% | COM | 320817109 |
| SGA | SAGA COMMUNICATIONS INC | 31,831 | $364K | 0.2% | $29.76 | -59.5% | CL A NEW | 786598300 |
| DGICB | DONEGAL GROUP INC | 17,856 | $316K | 0.2% | $12.92 | +22.1% | CL B | 257701300 |
| DLX | DELUXE CORP | 13,900 | $310K | 0.2% | $23.94 | -17.5% | COM | 248019101 |
| ASRV | AMERISERV FINL INC | 58,200 | $186K | 0.1% | $2.21 | +37.3% | COM | 03074A102 |