Location: Lake Oswego, OR
CIK: 0001591546 · Show all filings
Period: Q2 2025 (← Previous) (Next →)
Filing Date: Aug 11, 2025
Total Value: $418M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| BBW | Build A Bear Workshop | 213,935 | $11.03M | 2.6% | $10.40 | +302.6% | COM | 120076104 |
| MCB | Metropolitan Bank Hld | 156,949 | $10.99M | 2.6% | $41.88 | +46.9% | COM | 591774104 |
| NBN | Northeast Bank | 123,302 | $10.97M | 2.6% | $24.22 | +252.3% | COM | 66405S100 |
| NGS | Natural Gas Services Group Inc | 400,243 | $10.33M | 2.5% | $13.20 | +68.3% | COM | 63886Q109 |
| MPAA | MotorCar Parts of America Inc | 903,473 | $10.12M | 2.4% | $9.88 | +1.5% | COM | 620071100 |
| ALCO | Alico Inc | 299,656 | $9.793M | 2.3% | $27.75 | +8.8% | COM | 016230104 |
| DHX | DHI Group | 3,262,321 | $9.689M | 2.3% | $2.36 | -18.1% | COM | 23331S100 |
| STRT | Strattec Security | 147,967 | $9.205M | 2.2% | $33.20 | +39.2% | COM | 863111100 |
| HRTG | Heritage Insurance Hlds Inc | 360,683 | $8.995M | 2.2% | $10.24 | +108.5% | COM | 42727J102 |
| NWPX | NWPX Infrastructure | 213,608 | $8.76M | 2.1% | $23.39 | +71.9% | COM | 667746101 |
| FSBW | FS Bancorp | 218,567 | $8.607M | 2.1% | $24.68 | +52.3% | COM | 30263Y104 |
| RRGB | Red Robin Gourmet Burgers | 1,305,589 | $7.559M | 1.8% | $7.35 | -47.3% | COM | 75689M101 |
| FBIZ | First Business Financial Servi | 147,944 | $7.495M | 1.8% | $22.01 | +113.4% | COM | 319390100 |
| UNTY | Unity Bancorp | 157,593 | $7.419M | 1.8% | $21.37 | +100.2% | COM | 913290102 |
| BWMN | Bowman Consulting Grp | 257,848 | $7.413M | 1.8% | $15.61 | +57.9% | COM | 103002101 |
| ASUR | Asure Software | 729,528 | $7.12M | 1.7% | $8.95 | +7.6% | COM | 04649U102 |
| VBNK | Versabank | 616,396 | $7.027M | 1.7% | $12.69 | — | COM | 92512J106 |
| JAKK | JAKKS Pacific Inc | 332,815 | $6.916M | 1.7% | $21.11 | -7.0% | COM | 47012E403 |
| CBNK | Capital Bancorp | 204,847 | $6.879M | 1.6% | $14.34 | +111.2% | COM | 139737100 |
| CBAN | Colony Bankcorp | 400,238 | $6.592M | 1.6% | $12.57 | +20.2% | COM | 19623P101 |
| LAKE | Lakeland Industries | 481,568 | $6.554M | 1.6% | $17.27 | -3.0% | COM | 511795106 |
| RMNI | Rimini Street Inc. | 1,731,184 | $6.527M | 1.6% | $4.31 | -22.5% | COM | 76674Q107 |
| KE | Kimball Electronics | 338,578 | $6.511M | 1.6% | $21.94 | -23.7% | COM | 49428J109 |
| BWFG | Bankwell Financial Group | 176,625 | $6.364M | 1.5% | $25.45 | +28.6% | COM | 06654A103 |
| PKBK | Parke Bancorp | 307,868 | $6.271M | 1.5% | $14.73 | +26.8% | COM | 700885106 |
| APEI | American Public Education | 204,333 | $6.224M | 1.5% | $21.07 | +25.5% | COM | 02913V103 |
| HBNC | Horizon Bancorp | 392,902 | $6.043M | 1.4% | $13.34 | +10.1% | COM | 440407104 |
| HBB | Hamilton Beach Brands Hld | 334,891 | $5.991M | 1.4% | $16.13 | +7.8% | COM | 40701T104 |
| USCB | USCB Financial Hlds | 359,184 | $5.941M | 1.4% | $12.88 | +30.5% | COM | 90355N101 |
| FSBC | Five Star Bancorp | 205,609 | $5.868M | 1.4% | $22.37 | +20.2% | COM | 33830T103 |
| AVNW | Aviat Networks Inc | 231,480 | $5.567M | 1.3% | $20.19 | -0.2% | COM | 05366Y201 |
| LINC | Lincoln Education Services | 234,889 | $5.414M | 1.3% | $6.53 | +207.3% | COM | 533535100 |
| PMTS | CPI Card Group | 223,561 | $5.303M | 1.3% | $26.22 | -10.0% | COM | 12634H200 |
| SNBR | Sleep Number Corp | 782,287 | $5.284M | 1.3% | $12.49 | -38.9% | COM | 83125X103 |
| CPS | Cooper Standard Hlds | 245,470 | $5.278M | 1.3% | $21.42 | -10.1% | COM | 21676P103 |
| BBSI | Barrett Business Services Inc | 120,246 | $5.013M | 1.2% | $26.47 | +54.6% | COM | 068463108 |
| ORRF | Orrstown Financial Services | 155,002 | $4.934M | 1.2% | $21.91 | +31.3% | COM | 687380105 |
| TWIN | Twin Disc Inc | 557,619 | $4.924M | 1.2% | $11.98 | -39.1% | COM | 901476101 |
| BOOM | DMC Global Inc | 594,974 | $4.795M | 1.1% | $20.22 | -65.0% | COM | 23291C103 |
| — | Global Medical REIT | 680,710 | $4.717M | 1.1% | $9.60 | — | COM | 37954A204 |
| HBCP | Home Bancorp, Inc | 85,571 | $4.431M | 1.1% | $43.30 | +10.3% | COM | 43689E107 |
| RCMT | RCM Technologies | 187,730 | $4.425M | 1.1% | $21.22 | -5.1% | COM | 749360400 |
| MLR | Miller Industries Inc | 97,578 | $4.338M | 1.0% | $31.42 | +36.5% | COM | 600551204 |
| PINE | Alpine Income Property Trust | 279,528 | $4.112M | 1.0% | $17.43 | — | COM | 02083X103 |
| FORR | Forrester Research | 411,434 | $4.073M | 1.0% | $13.56 | -26.6% | COM | 346563109 |
| INTT | InTest Corp | 551,242 | $4.013M | 1.0% | $9.58 | -33.8% | COM | 461147100 |
| AXTI | AXT Inc | 1,835,666 | $3.837M | 0.9% | $4.25 | -63.4% | COM | 00246W103 |
| AII | American Integrity Insurance | 196,540 | $3.614M | 0.9% | $16.87 | 0.0% | COM | 026948109 |
| ESQ | Esquire Financial Hld | 37,501 | $3.55M | 0.8% | $18.00 | +376.8% | COM | 29667J101 |
| RVSB | Riverview Bancorp | 633,454 | $3.484M | 0.8% | $5.66 | +1.0% | COM | 769397100 |
| SAMG | Silvercrest Asset Mgmnt Cls A | 216,964 | $3.441M | 0.8% | $13.14 | +14.9% | COM | 828359109 |
| HURC | Hurco Companies Inc | 179,509 | $3.393M | 0.8% | $26.75 | -43.6% | COM | 447324104 |
| ACTG | Acacia Research Corp | 858,313 | $3.073M | 0.7% | $5.04 | -31.7% | COM | 003881307 |
| ASYS | Amtech Systems | 661,367 | $2.936M | 0.7% | $7.34 | -46.8% | COM | 032332504 |
| LCUT | Lifetime Brands Inc | 526,205 | $2.684M | 0.6% | $9.26 | -61.4% | COM | 53222Q103 |
| BGSF | BGSF Inc | 403,209 | $2.568M | 0.6% | $6.65 | -56.4% | COM | 05601C105 |
| WTBA | West Bancorporation | 129,808 | $2.548M | 0.6% | $21.66 | -10.7% | COM | 95123P106 |
| SUNS | Sunrise Realty Trust | 239,166 | $2.535M | 0.6% | $10.98 | — | COM | 867981102 |
| CMT | Core Molding Technologies | 151,543 | $2.514M | 0.6% | $15.98 | -1.6% | COM | 218683100 |
| UEIC | Universal Electronics Inc | 368,888 | $2.442M | 0.6% | $20.53 | -70.2% | COM | 913483103 |
| MG | Mistras Group Inc | 296,617 | $2.376M | 0.6% | $10.27 | -18.1% | COM | 60649T107 |
| SRTS | Sensus Healthcare | 454,761 | $2.156M | 0.5% | $4.97 | -5.8% | COM | 81728J109 |
| PAMT | PAMT Corp | 152,637 | $1.964M | 0.5% | $19.49 | -31.1% | COM | 693149106 |
| GNSS | Genasys | 1,106,635 | $1.914M | 0.5% | $2.69 | -31.5% | COM | 36872P103 |
| CCB | Coastal Financial | 17,899 | $1.734M | 0.4% | $57.04 | +51.1% | COM | 19046P209 |
| OSS | One Stop Systems | 454,872 | $1.615M | 0.4% | $4.36 | -36.0% | COM | 68247W109 |
| CUBI | Customers Bancorp | 25,670 | $1.508M | 0.4% | $29.48 | +71.9% | COM | 23204G100 |
| PRDO | Perdoceo Education Corp. | 43,959 | $1.437M | 0.3% | $13.26 | +120.7% | COM | 71363P106 |
| HCSG | Healthcare Services Group Inc | 94,453 | $1.42M | 0.3% | $21.31 | -37.8% | COM | 421906108 |
| DXLG | Destination XL Group | 1,200,278 | $1.332M | 0.3% | $5.23 | -79.1% | COM | 25065K104 |
| CASH | Pathward Financial Inc | 16,190 | $1.281M | 0.3% | $25.99 | +193.8% | COM | 59100U108 |
| — | Heidrick & Struggles Intl | 27,536 | $1.26M | 0.3% | $29.90 | — | COM | 422819102 |
| PLAB | Photronics Inc | 66,628 | $1.255M | 0.3% | $15.61 | +19.9% | COM | 719405102 |
| CMTL | Comtech Telecom Corp | 486,723 | $1.192M | 0.3% | $12.52 | -85.6% | COM | 205826209 |
| BANC | Banc of California Inc | 84,652 | $1.189M | 0.3% | $13.56 | -1.2% | COM | 05990K106 |
| STGW | Stagwell Inc | 250,894 | $1.129M | 0.3% | $6.69 | -24.8% | COM | 85256A109 |
| BFST | Business First Bancshares Inc | 45,264 | $1.116M | 0.3% | $16.80 | +37.2% | COM | 12326C105 |
| KOP | Koppers Holdings | 34,398 | $1.106M | 0.3% | $30.45 | -6.4% | COM | 50060P106 |
| BWB | Bridgewater Bancshares | 68,883 | $1.096M | 0.3% | $11.58 | +26.6% | COM | 108621103 |
| CNOB | ConnectOne Bancorp | 47,195 | $1.093M | 0.3% | $16.96 | +31.2% | COM | 20786W107 |
| HFWA | Heritage Financial | 41,965 | $1M | 0.2% | $17.57 | +31.0% | COM | 42722X106 |
| DXPE | DXP Enterprises, Inc | 11,207 | $982K | 0.2% | $28.54 | +191.9% | COM | 233377407 |
| THFF | First Financial Corp | 17,970 | $974K | 0.2% | $31.52 | +53.7% | COM | 320218100 |
| BCAL | California Bancorp | 60,071 | $947K | 0.2% | $14.48 | -2.1% | COM | 84252A106 |
| RBBN | Ribbon Communications Inc | 235,329 | $944K | 0.2% | $5.17 | -30.2% | COM | 762544104 |
| — | Penguin Solutions | 47,589 | $943K | 0.2% | $19.07 | — | COM | G8232Y101 |
| NNBR | NN Inc | 436,720 | $917K | 0.2% | $10.22 | -80.5% | COM | 629337106 |
| QCRH | QCR Holdings Inc | 13,286 | $902K | 0.2% | $50.84 | +31.2% | COM | 74727A104 |
| PLOW | Douglas Dynamics Inc | 30,367 | $895K | 0.2% | $24.27 | +8.5% | COM | 25960R105 |
| GPGI | Composecure | 63,246 | $891K | 0.2% | $5.98 | +104.9% | COM | 20459V105 |
| KELYA | Kelly Services Cls A | 75,670 | $886K | 0.2% | $15.88 | -27.1% | COM | 488152208 |
| WNC | Wabash National Corp. | 81,564 | $867K | 0.2% | $13.42 | -30.1% | COM | 929566107 |
| COHU | Cohu Inc | 43,941 | $845K | 0.2% | $22.34 | -24.5% | COM | 192576106 |
| HDSN | Hudson Technologies | 103,580 | $841K | 0.2% | $10.90 | -37.1% | COM | 444144109 |
| — | Guess Inc | 68,025 | $822K | 0.2% | $11.39 | — | COM | 401617105 |
| GCT | GigaCloud Tech Cls A | 41,053 | $812K | 0.2% | $22.55 | -29.1% | COM | G38644103 |
| SHIM | Shimmick | 461,558 | $789K | 0.2% | $5.43 | — | COM | 82455M109 |
| UCTT | Ultra Clean Holdings | 34,540 | $780K | 0.2% | $25.01 | -17.9% | COM | 90385V107 |
| ACCO | ACCO Brands | 212,523 | $761K | 0.2% | $5.75 | -39.2% | COM | 00081T108 |
| BDN | Brandywine Realty Trust | 175,307 | $752K | 0.2% | $4.92 | — | COM | 105368203 |
| — | Hanesbrands | 156,991 | $719K | 0.2% | $5.16 | — | COM | 410345102 |
| PLUS | EPlus Inc | 9,925 | $716K | 0.2% | $45.42 | +44.8% | COM | 294268107 |
| BHE | Benchmark Electronics, Inc | 18,416 | $715K | 0.2% | $22.47 | +60.7% | COM | 08160H101 |
| HELE | Helen of Troy Corp | 24,612 | $698K | 0.2% | $45.32 | -32.3% | COM | G4388N106 |
| HCKT | Hackett Group, Inc | 27,362 | $696K | 0.2% | $22.78 | +11.7% | COM | 404609109 |
| TLYS | Tilly's Inc Cls A | 498,513 | $688K | 0.2% | $7.88 | -82.6% | COM | 886885102 |
| CAL | Caleres Inc | 55,931 | $683K | 0.2% | $19.73 | -25.1% | COM | 129500104 |
| CRI | Carters | 22,563 | $680K | 0.2% | $37.40 | -11.5% | COM | 146229109 |
| DAKT | Daktronics, Inc | 44,692 | $676K | 0.2% | $7.96 | +72.8% | COM | 234264109 |
| CAKE | Cheesecake Factory | 10,677 | $669K | 0.2% | $31.19 | +68.4% | COM | 163072101 |
| CNXN | PC Connection | 9,384 | $617K | 0.1% | $23.37 | +174.0% | COM | 69318J100 |
| — | Abacus Global Management Inc | 120,063 | $617K | 0.1% | $6.08 | — | COM | 00258y104 |
| — | Shyft Group Inc | 46,365 | $581K | 0.1% | $14.62 | — | COM | 825698103 |
| GNL | Global Net Lease REIT | 74,666 | $564K | 0.1% | $9.61 | — | COM | 379378201 |
| BLMN | Bloomin Brands | 63,830 | $550K | 0.1% | $14.73 | -47.1% | COM | 094235108 |
| GBFH | Gbank Financial Holdings | 14,802 | $524K | 0.1% | $37.79 | 0.0% | COM | 36166F100 |
| EBF | Ennis Inc | 28,533 | $518K | 0.1% | $9.15 | +96.0% | COM | 293389102 |
| MTRX | Matrix Service Co | 35,635 | $481K | 0.1% | $16.78 | -28.1% | COM | 576853105 |
| SMSI | Smith Micro Software | 554,526 | $478K | 0.1% | $2.67 | -66.5% | COM | 832154405 |
| TBI | TrueBlue Inc | 71,186 | $461K | 0.1% | $13.60 | -60.4% | COM | 89785X101 |
| EPC | Edgewell Personal Care | 18,694 | $438K | 0.1% | $38.35 | -29.1% | COM | 28035Q102 |
| SMP | Standard Motor | 14,134 | $434K | 0.1% | $39.92 | -30.7% | COM | 853666105 |
| DBI | Designer Brands | 174,969 | $416K | 0.1% | $7.89 | -63.1% | COM | 250565108 |
| NPKI | NPK International | 48,657 | $414K | 0.1% | $9.26 | -20.9% | COM | 651718504 |
| ICHR | Ichor Holdings | 20,930 | $411K | 0.1% | $30.56 | -40.1% | COM | G4740B105 |
| ULH | Universal Logistics | 15,480 | $393K | 0.1% | $24.84 | -0.2% | COM | 91388P105 |
| PRAA | PRA Group | 26,579 | $392K | 0.1% | $33.71 | -52.7% | COM | 69354N106 |
| NCMI | National Cinemedia | 77,764 | $377K | 0.1% | $5.42 | 0.0% | COM | 635309206 |
| FLWS | 1-800-Flowers.com Inc | 66,140 | $325K | 0.1% | $16.34 | -68.3% | COM | 68243Q106 |
| EPAC | Enerpac Tool Group | 7,922 | $321K | 0.1% | $24.21 | +73.8% | COM | 292765104 |
| CMCO | Columbus McKinnon Corp | 19,190 | $293K | 0.1% | $25.85 | -41.7% | COM | 199333105 |
| ZUMZ | Zumiez Inc | 21,217 | $281K | 0.1% | $25.40 | -50.3% | COM | 989817101 |
| RGP | Resources Connection | 49,970 | $268K | 0.1% | $15.96 | -66.0% | COM | 76122Q105 |