Location: Lake Oswego, OR
CIK: 0001591546 · Show all filings
Period: Q4 2021 (← Previous) (Next →)
Filing Date: Feb 10, 2022
Total Value: $562M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| PLAB | Photronics Inc | 825,951 | $15.57M | 2.8% | $11.42 | +28.4% | COM | 719405102 |
| NWPX | Northwest Pipe | 408,197 | $12.98M | 2.3% | $20.73 | +32.9% | COM | 667746101 |
| ESQ | Esquire Financial Hld | 380,327 | $11.98M | 2.1% | $18.00 | +72.9% | COM | 29667J101 |
| BBSI | Barrett Business Services Inc | 172,755 | $11.93M | 2.1% | $13.89 | +30.3% | COM | 068463108 |
| NBN | Northeast Bank | 325,528 | $11.63M | 2.1% | $20.54 | +69.0% | COM | 66405S100 |
| — | Great Ajax Corp | 849,564 | $11.18M | 2.0% | $11.48 | — | COM | 38983D300 |
| MCB | Metropolitan Bank Hld | 98,546 | $10.5M | 1.9% | $40.64 | +132.4% | COM | 591774104 |
| WTBA | West Bancorporation | 327,150 | $10.16M | 1.8% | $22.60 | +39.6% | COM | 95123P106 |
| CMTL | Comtech Telecom Corp | 405,806 | $9.614M | 1.7% | $16.63 | +41.8% | COM | 205826209 |
| LCUT | Lifetime Brands Inc | 600,701 | $9.593M | 1.7% | $9.86 | +54.9% | COM | 53222Q103 |
| — | Smith Micro Software | 1,914,188 | $9.418M | 1.7% | $4.96 | — | COM | 832154207 |
| BBW | Build A Bear Workshop | 477,562 | $9.322M | 1.7% | $5.58 | +171.4% | COM | 120076104 |
| — | Whole Earth Brands Cls A | 851,697 | $9.147M | 1.6% | $13.59 | — | COM | 96684W100 |
| STRL | Sterling Construction Co Inc | 346,481 | $9.112M | 1.6% | $9.69 | +165.4% | COM | 859241101 |
| FBIZ | First Business Financial Servi | 304,236 | $8.875M | 1.6% | $18.74 | +39.9% | COM | 319390100 |
| ASYS | Amtech Systems | 890,679 | $8.8M | 1.6% | $7.49 | +54.1% | COM | 032332504 |
| PINE | Alpine Income Property Trust | 438,709 | $8.792M | 1.6% | $17.54 | — | COM | 02083X103 |
| BGSF | BGSF Inc | 598,461 | $8.588M | 1.5% | $7.25 | +19.1% | COM | 05601C105 |
| UEIC | Universal Electronics Inc | 209,805 | $8.55M | 1.5% | $41.36 | +0.1% | COM | 913483103 |
| INTT | InTest Corp | 671,634 | $8.543M | 1.5% | $7.23 | +79.2% | COM | 461147100 |
| CBNK | Capital Bancorp | 322,673 | $8.454M | 1.5% | $11.78 | +108.1% | COM | 139737100 |
| AXTI | AXT Inc | 958,266 | $8.442M | 1.5% | $6.14 | +37.7% | COM | 00246W103 |
| CRAI | Cra Intl Inc | 89,585 | $8.364M | 1.5% | $34.54 | +174.9% | COM | 12618T105 |
| ASUR | Asure Software | 1,067,036 | $8.355M | 1.5% | $8.23 | +6.2% | COM | 04649U102 |
| RMNI | Rimini Street Inc | 1,365,196 | $8.15M | 1.4% | $5.84 | +34.6% | COM | 76674Q107 |
| FSBW | FS Bancorp | 237,320 | $7.981M | 1.4% | $23.80 | +26.0% | COM | 30263Y104 |
| TWIN | Twin Disc Inc | 696,424 | $7.633M | 1.4% | $12.10 | -3.9% | COM | 901476101 |
| PKBK | Parke Bancorp | 351,858 | $7.488M | 1.3% | $14.52 | +28.9% | COM | 700885106 |
| — | ARC Document Solutions | 2,121,657 | $7.426M | 1.3% | $2.49 | — | COM | 00191G103 |
| CPS | Cooper Standard Hlds | 330,982 | $7.417M | 1.3% | $25.84 | -8.9% | COM | 21676P103 |
| — | Global Medical REIT | 408,206 | $7.246M | 1.3% | $9.66 | — | COM | 37954A204 |
| — | Manitex International Inc | 1,125,267 | $7.157M | 1.3% | $7.20 | — | COM | 563420108 |
| BOOM | DMC Global Inc | 177,471 | $7.03M | 1.3% | $36.00 | +10.7% | COM | 23291C103 |
| — | Quantum Corp | 1,255,602 | $6.931M | 1.2% | $5.37 | — | COM | 747906501 |
| SAMG | Silvercrest Asset Mgmnt Grp Cl | 402,893 | $6.918M | 1.2% | $13.14 | +23.2% | COM | 828359109 |
| ALCO | Alico Inc | 185,388 | $6.865M | 1.2% | $28.57 | +15.4% | COM | 016230104 |
| NGS | Natural Gas Services Group Inc | 645,425 | $6.758M | 1.2% | $13.52 | -17.2% | COM | 63886Q109 |
| — | Level One Bancorp | 168,979 | $6.665M | 1.2% | $29.49 | — | COM | 52730D208 |
| RVSB | Riverview Bancorp | 856,296 | $6.585M | 1.2% | $5.79 | +15.7% | COM | 769397100 |
| ACTG | Acacia Research Corp | 1,269,844 | $6.514M | 1.2% | $5.13 | +5.3% | COM | 003881307 |
| FMNB | Farmers National Banc Corp | 346,697 | $6.431M | 1.1% | $8.87 | +62.4% | COM | 309627107 |
| UNTY | Unity Bancorp | 241,812 | $6.348M | 1.1% | $21.00 | +14.7% | COM | 913290102 |
| KE | Kimball Electronics | 289,297 | $6.295M | 1.1% | $23.25 | +7.8% | COM | 49428J109 |
| FNWB | First Northwest | 304,503 | $6.151M | 1.1% | $13.94 | +23.0% | COM | 335834107 |
| CIVB | Civista Bancshares | 251,938 | $6.147M | 1.1% | $15.64 | +36.6% | COM | 178867107 |
| — | Atlantic Capital Bank | 209,187 | $6.018M | 1.1% | $15.96 | — | COM | 048269203 |
| EBMT | Eagle Bancorp Montana | 261,190 | $6.002M | 1.1% | $16.59 | +16.5% | COM | 26942G100 |
| LFCR | Landec Corp | 539,454 | $5.988M | 1.1% | $11.23 | -13.6% | COM | 514766104 |
| — | BM Technologies Inc | 611,498 | $5.632M | 1.0% | $9.02 | — | COM | 05591L107 |
| PAMT | PAM Transportation Services, I | 74,972 | $5.324M | 0.9% | $9.02 | +247.1% | COM | 693149106 |
| HURC | Hurco Companies Inc | 176,710 | $5.248M | 0.9% | $31.84 | +0.1% | COM | 447324104 |
| BWMN | Bowman Consulting Grp | 246,047 | $5.227M | 0.9% | $13.69 | +25.0% | COM | 103002101 |
| STRT | Strattec Security | 140,985 | $5.219M | 0.9% | $38.87 | -0.6% | COM | 863111100 |
| DXLG | Destination XL Group | 896,923 | $5.095M | 0.9% | $5.88 | +14.8% | COM | 25065K104 |
| HRTG | Heritage Insurance Hlds Inc | 834,956 | $4.91M | 0.9% | $12.48 | -47.2% | COM | 42727J102 |
| ORRF | Orrstown Financial Services | 193,935 | $4.887M | 0.9% | $14.96 | +40.6% | COM | 687380105 |
| INSW | International Seaways | 319,546 | $4.691M | 0.8% | $11.44 | -1.5% | COM | Y41053102 |
| USCB | USCB Financial Hlds | 331,762 | $4.646M | 0.8% | $13.82 | 0.0% | COM | 90355N101 |
| LAKE | Lakeland Industries | 212,975 | $4.622M | 0.8% | $21.27 | -3.7% | COM | 511795106 |
| HBB | Hamilton Beach Brands Hld | 300,771 | $4.319M | 0.8% | $19.10 | -28.8% | COM | 40701T104 |
| LCNB | LCNB Corp | 214,411 | $4.187M | 0.7% | $12.65 | +17.2% | COM | 50181P100 |
| DHX | DHI Group | 664,117 | $4.144M | 0.7% | $2.49 | +112.8% | COM | 23331S100 |
| OSS | One Stop Systems | 647,107 | $3.203M | 0.6% | $4.45 | +12.7% | COM | 68247W109 |
| HBNC | Horizon Bancorp | 152,543 | $3.181M | 0.6% | $15.52 | +26.6% | COM | 440407104 |
| NNBR | NN Inc | 734,461 | $3.011M | 0.5% | $10.74 | -54.4% | COM | 629337106 |
| BCML | BayCom Corp | 160,412 | $3.009M | 0.5% | $17.61 | -1.8% | COM | 07272M107 |
| MG | Mistras Group Inc | 356,096 | $2.646M | 0.5% | $11.18 | -21.4% | COM | 60649T107 |
| COHU | Cohu Inc | 61,090 | $2.327M | 0.4% | $22.60 | +51.7% | COM | 192576106 |
| — | Super Micro Computer, Inc | 48,260 | $2.121M | 0.4% | $26.20 | — | COM | 86800U104 |
| — | ProFire Energy | 1,979,174 | $2.098M | 0.4% | $1.35 | — | COM | 74316X101 |
| NSIT | Insight Enterprises Inc | 19,640 | $2.094M | 0.4% | $34.67 | +186.9% | COM | 45765U103 |
| — | Franchise Group | 40,030 | $2.088M | 0.4% | $29.19 | — | COM | 35180X105 |
| CASH | Meta Financial Group | 33,610 | $2.005M | 0.4% | $23.50 | +150.2% | COM | 59100U108 |
| CHEF | Chefs' Warehouse | 59,120 | $1.969M | 0.4% | $18.39 | +79.3% | COM | 163086101 |
| — | Shyft Group Inc | 37,840 | $1.859M | 0.3% | $17.73 | — | COM | 825698103 |
| CUBI | Customers Bancorp | 27,790 | $1.817M | 0.3% | $23.93 | +129.4% | COM | 23204G100 |
| EPC | Edgewell Personal Care | 39,070 | $1.786M | 0.3% | $38.35 | -2.4% | COM | 28035Q102 |
| — | Textainer Group Holdings | 48,650 | $1.737M | 0.3% | $13.76 | — | COM | G8766E109 |
| — | Sunlight Financial hld Cls A | 359,599 | $1.719M | 0.3% | $4.78 | — | COM | 86738J106 |
| MED | Medifast Inc | 8,210 | $1.719M | 0.3% | $146.78 | +26.3% | COM | 58470H101 |
| CNOB | ConnectOne Bancorp | 52,560 | $1.719M | 0.3% | $17.27 | +68.0% | COM | 20786W107 |
| UCTT | Ultra Clean Holdings | 28,180 | $1.616M | 0.3% | $20.03 | +159.7% | COM | 90385V107 |
| — | NV5 Global Inc | 11,250 | $1.554M | 0.3% | $36.59 | — | COM | 62945V109 |
| STGW | Stagwell Inc | 178,930 | $1.551M | 0.3% | $7.03 | +22.4% | COM | 85256A109 |
| — | Lakeland Bancorp | 81,200 | $1.542M | 0.3% | $11.81 | — | COM | 511637100 |
| BWB | Bridgewater Bancshares | 86,930 | $1.538M | 0.3% | $13.02 | +37.3% | COM | 108621103 |
| — | American Finance Trust, Inc | 164,360 | $1.501M | 0.3% | $8.11 | — | COM | 02607T109 |
| WNC | Wabash National Corp | 76,130 | $1.486M | 0.3% | $12.16 | +31.4% | COM | 929566107 |
| — | Tristate Capital Hlds | 48,860 | $1.479M | 0.3% | $17.07 | — | COM | 89678F100 |
| BANC | Banc of California Inc | 74,660 | $1.465M | 0.3% | $14.54 | +25.9% | COM | 05990K106 |
| UFABQ | Unique Fabricating | 746,072 | $1.462M | 0.3% | $6.81 | -61.6% | COM | 90915J103 |
| HCSG | Healthcare Services Group Inc | 80,690 | $1.435M | 0.3% | $25.45 | -23.6% | COM | 421906108 |
| PRDO | Perdoceo Education Corp | 120,730 | $1.42M | 0.3% | $12.10 | -14.6% | COM | 71363P106 |
| IWN | iShares Russell 2000 Value Ind | 8,266 | $1.373M | 0.2% | $166.10 | — | COM | 464287630 |
| PRAA | PRA Group | 27,010 | $1.356M | 0.2% | $35.77 | +24.3% | COM | 69354N106 |
| RGP | Resources Connection | 74,990 | $1.338M | 0.2% | $15.79 | +11.9% | COM | 76122Q105 |
| — | SP Plus Corp | 46,010 | $1.298M | 0.2% | $28.55 | — | COM | 78469C103 |
| TBI | TrueBlue Inc | 46,290 | $1.281M | 0.2% | $22.96 | +23.2% | COM | 89785X101 |
| FIX | Comfort Systems USA Inc | 12,620 | $1.249M | 0.2% | $23.12 | +292.7% | COM | 199908104 |
| THFF | First Financial Corp | 27,140 | $1.229M | 0.2% | $31.32 | +20.6% | COM | 320218100 |
| CMCO | Columbus McKinnon Corp | 26,030 | $1.204M | 0.2% | $25.85 | +78.8% | COM | 199333105 |
| — | Frontline | 165,250 | $1.168M | 0.2% | $8.68 | — | COM | G3682E192 |
| ICHR | Ichor Holdings | 24,560 | $1.13M | 0.2% | $28.19 | +57.1% | COM | G4740B105 |
| ACCO | ACCO Brands | 132,790 | $1.097M | 0.2% | $6.81 | -0.9% | COM | 00081T108 |
| PATK | Patrick Industries | 13,020 | $1.051M | 0.2% | $25.89 | +90.5% | COM | 703343103 |
| NTGR | Netgear Inc | 35,550 | $1.038M | 0.2% | $30.95 | -3.6% | COM | 64111Q104 |
| PLUS | EPlus Inc | 18,920 | $1.019M | 0.2% | $44.10 | +25.2% | COM | 294268107 |
| RMR | RMR Group Cls A | 28,740 | $997K | 0.2% | $20.82 | +19.5% | COM | 74967R106 |
| ZVOI | Zovio | 774,508 | $984K | 0.2% | $4.47 | -60.8% | COM | 98979V102 |
| SMP | Standard Motor | 18,660 | $978K | 0.2% | $42.98 | +16.7% | COM | 853666105 |
| EBF | Ennis Inc | 49,110 | $959K | 0.2% | $9.15 | +53.0% | COM | 293389102 |
| — | Hanger Inc | 51,770 | $939K | 0.2% | $17.31 | — | COM | 41043F208 |
| — | Intevac Inc | 186,550 | $879K | 0.2% | $6.88 | — | COM | 461148108 |
| RBBN | Ribbon Communications Inc | 140,310 | $849K | 0.2% | $6.65 | -10.9% | COM | 762544104 |
| CNXN | PC Connection | 19,640 | $847K | 0.2% | $23.37 | +85.9% | COM | 69318J100 |
| KELYA | Kelly Services Cls A | 48,710 | $817K | 0.1% | $19.46 | -12.8% | COM | 488152208 |
| CAL | Caleres Inc | 35,120 | $797K | 0.1% | $26.60 | -15.0% | COM | 129500104 |
| UVSP | Univest Financial Corp | 25,040 | $749K | 0.1% | $22.54 | +29.0% | COM | 915271100 |
| FLWS | 1-800-Flowers.com Inc | 28,880 | $675K | 0.1% | $29.06 | 0.0% | COM | 68243Q106 |
| — | Blucora Inc | 37,580 | $651K | 0.1% | $14.91 | — | COM | 095229100 |
| — | Summit Financial Grp | 23,650 | $649K | 0.1% | $27.44 | — | COM | 86606G101 |
| BHE | Benchmark Electronics, Inc | 22,230 | $602K | 0.1% | $20.30 | +15.3% | COM | 08160H101 |
| KOP | Koppers Holdings | 18,870 | $591K | 0.1% | $31.64 | 0.0% | COM | 50060P106 |
| EPAC | Enerpac Tool Group | 25,780 | $523K | 0.1% | $24.21 | -11.7% | COM | 292765104 |
| DXPE | DXP Enterprises, Inc | 19,410 | $498K | 0.1% | $28.54 | +6.6% | COM | 233377407 |
| MTRX | Matrix Service Co | 61,150 | $460K | 0.1% | $16.78 | -43.9% | COM | 576853105 |
| DAKT | Daktronics, Inc | 76,630 | $387K | 0.1% | $7.96 | -33.8% | COM | 234264109 |
| NPKI | Newpark Resources Inc | 83,490 | $245K | 0.0% | $9.26 | -65.3% | COM | 651718504 |